You know what, there has been a persistent bid as we call it underneath this market for months, despite the virus and the unemployment it is a puzzle enigma. I am trying to figure out why people keep buying i had an epiphany last night i was going over preparations for my monthly club talk this time looking at it through the lens of the election, it is only 20 days away. You know what . Of the 32 stocks we own for the trust, fully twothirds of them would do better under a biden presidency that caught me by surprise we were trying to bail out the election honestly i have been under the assumption that the market may take a hit if biden wins he wants to raise Corporate Tax and Capital Gains tax and rich people pay your own stocks. Is that good policy . I dont know given biden has been getting some incredible poll numbers the last few weeks it has become a real possibility. Many of you assumes it is bad for stocks thats what i thought or at least what i thought before my big club call revelation so why is it that twothirds o f the stock would benefit from a bid bidens victory . The main reason is simple. China. China. Let me take them down starting with apple we know President Trump pronounced companies doing jobs. I have been successful of the president s trade war. I feel we need to crack down chinas bad behavior with biden in the white house, he can get off the tight rope tch when you listen to booiden, he sounds tougher with china than president obama does this stock has been rising on a perspective of bidens victory apple counting a big chunk of the s p 500. The election matters more. Next up, the semiconductor stock, amd and vnvidia all could get a boost frombide for the same reason as apple will since the trade war got rolling. The chinese made it tough on closing deals. The u. S. Government treating broadcom too close thatll take away the trade war and broadcom can come back making big deals btheyre trying to buy our holdings right now it is a great acquisition. We know that chinese regulators even though there were not any trust concerns. They can do the same with amd. Amd makes some phenomenal chips. With trump in the white house, the chinese are competing with amd. They lost a lot of business when President Trump banned huawei from buying american components. Beyond tough, listen to this, it is really amazing. What what is the trust done . Great american companies, like starbucks, nike, boeing, like disney, for starbucks china is the biggest engine we had tons of stores there. You know the ones like three or four Million People . They can use a bunch of starbucks. The trade war never really stopped them the chinese rather build their own planes than buying it from an american company. It is kind of like an our branch and boeing stock the Walt Disney Company does business with china. They dont like being portrayed negatively in movies for disney it is a small price to pay playing ball with the Chinese Government is frowned upon next up is mastercard. This is another chinas winner that was part of trumps phase on trade deal. It seems kind of stillborn that related to the temper of the time biden gets in there and lower the temperature. And get on the list, whatever the list there is. I can go on and on, biden makes it likely. And microsoft, theyre about to have a deal with tiktok t it is future cast if i can to them the Trump Administration shot them down. The trust on costco, for example, they pay huge dividends. If biden win, dividend taxes can go up. Honeywell and substantial business in china and dupont and United Parcel and abbott go check the website all can do better if you ratchet down tensions. I am not saying by deiden is ber for the mark bet but trumps whe house has been keeping the market happy but when you drill down to specific industries, i dont have much appetite for the stock. I dont care of these low prices and neither for the oil companies. Bottom line, whatever, they got to like all sorts of stuff up there. I dont want to go there when it comes to earnings, to prospect and growth, i was stunned twothirds of the stock in my travel trust would make more money under biden than trump. Given trump is under the polls looks like i was more right than i knew i think we should take calls we should start with robbie in pennsylvania hey jim, how are you . I am good, man. How are you . I am all right. I am wondering now that covid19 is rising again. I endorse the idea that one day travel will come back. One day well be flying. I saw the numbers better people realized that only 19 people have gotten according to the statistics. Everybody is Wearing Masks well stick with the keystone states, lets go to wayne in pennsylvania hello mr. Cramer and a big booyah from pittsburgh where we all love your show it is more thrilling when you win than losing. Thats an observation tnc bank. A lot of people felt it i liked it and it did not matter it went down any way the banks are cold stocks. I would like to speak with garret how is it going not bad, you . Doing pretty good i had a question about ebay, with all the new commerce platforms and wellestablished giants expanding, where do you see ebay in the future this is an expensive stock that could go higher if ben likes it and i like it, i think you got horse sense. Listen to me of the 32 stocks, my travel trust owns twothirds would do better under a bidens presidency maybe that would reflect the strengths and the averages even when it looks like it should roll over. What does the company plan for the year ahead im siting down withthe ceo ahead. The stock is up 500 year to date the company is releasing some results tonight. I am talking to some of the top tech trends with the men who knows. I am talking to the ceo of v vm ware. Stay with cramer dont miss a second of mad money. Have a question . Tweet cramer, send jim an email to cnbc. Com or give us a call at 1800743cnbc. Miss something head to madmoney cnbc. Com hey, dad hey, son no dad, its a video call. You got to move the phone in front of you like. Like its a mirror, dad. You know . Alright, okay. Hows that . Is that how you hold a mirror . [ding] power e trade gives you an awardwinning mobile app with powerful, easytouse tools and interactive charts to give you an edge, 24 7 support when you need it the most plus 0 commissions for online u. S. Listed stocks. Dont get mad. Get e trade and start trading today. The pandemic shuts down everything in march. Hospitals and delaying non emergency procedures for folks on covid the whole industry took a hit. Now looking like the thesisover blown. Results near the end of august, the numbers came in better than expected, medtronic, lets check in with jeff marty, the new ceo of mdtronic. Welcome to mad money. Thank you, jim, it is great to be here your company had gone through a tough period you had a very, very high level messages today about disrupting industries and accelerating growth how are you going do do it we have the best pipeline in our Company History right now. Products we are launching today and the next couple of months and we have a whole second wave of innovation. I know you are interested in our deep brain stimulation we launched the latest version of technology. It includes a unique feature, the ability sending brain signals. It is the key to optimize certain therapies like debraining circulation for parkinsons. This is not easy to do we are the only one that can do it we can listen to the signals through the brain and understand how the therapy is impacting the body and turn around and adjust that therapy to optimize it and like i said personalize it this is something and one of the many products we are launching today. Also, recently got an expanded indication of the cardiac rhythm which the Company Founded on a new pacemaker which we had on your show. This thing is growing at 40 plus in the middle of the pandemic so it is products like these that we have today in the future, the next 18 or 24 months, there are large exciting markets that are disrupting or surgical robotics, and hyper tension, this is for resisting hyper tension. We expect that market with just 1 penetration, thatll be a 3 billion market for us a lot of people here broke up when you talk about something involving back issues, robotic issues hold it, maybe you got something for something that i do not have any hope for how about give us a little hope because you made a great acquisition. Yes, we made acquisition in our spine business a couple of years ago. At medtronic, we revolutionize Spine Surgery and now we are disrupting it again with robotics the way to summarize it is robotics is going to take back surgery. We have a lot of great surgeons in this country but around the world, thats not always the case well take it from this art form to science with robotics we did an acquisition for incorporating our official intelligence into our robotic system to personal siize the implants it is a broad strategy and spine for back surgery my first reaction was i should be asking my doctors or going to the hospital that have this should we be asking for this product before we have back surgeries . Absolutely. This is an opportunity for m medtronics, too. This is time for us to start to drive awareness with consumers with some of these new exciting therapies and all kinds of medications that have tough side effects if you can have an in and out day procedure if you will and materials as low as your blood pressure, thats something you want to know about we have to do a good job you are talking about brain stem which is remarkable and back surgery that nobody has anything like it you are talking about things that are disrupting all of medicines. You are talking about a brand new medtronics the pipeline we talked about thats the foundational element of it. We made some changes over the last couple of months to decentralize the company and putting our decision rights and down from operating. We have gone from 130 billion to 21. 5 operating units that are very aligned and close to the customers. I think it is going to make us faster and nimble and decisive we are really trying to add in addition to this Mission Driven culture, we have a great mission, we want to keep that mission. Be bold with some of these opportunities, making the best of innovation or surgical robotics for general surgery make a bigger bet there. Be bold and go for it. I like this, jeff i like medtronics. I really like your focus i think this company is on fire. Hes a ceo of medtronic. Mad money is back after the break. 20 years ago, i was an hourly associate cart pusher. The different positions ive had taught me how to be there for others. I started out as a cashier. I mean, the skys the limit with walmart. Its all up to you. I shouting through the glass aat t has nationwide 5g . Yup and thats faster . Faster, yea but is it reliable . Ah huh and secure you should consider making a big deal about it bigger . I said bigger oh, bigbigger deal bigger than what im doing . Its not complicated. A 5g Network Needs a 5g device. Get the new Samsung Galaxy s20 fe 5g for free when you tradein. Some Companies Still have hr stuck between employeesentering data. A. Changing data. More and more sensitive, personal data. And it doesnt just drag hr down. It drags the entire business down with inefficiency, errors and waste. Its ridiculous. So ridiculous. With paycom, employees enter and manage their own data in a single, easy to use software. Visit paycom. Com, and schedule your demo today. Witenergyng, and change came to every part of our universe. Seismic or small, it continues. Change is all around us. Shaped by technology and human ingenuity, we can make it work for you and your business. All right, what did just happened with fastly it is the real thing there were some hideous numbers after the close. Stock got obliterated. It was brutal to watch it happens after the market closed i have been a fan of fastly. This company is the next Generation Content Delivery Network that allows their clients to ensure all their stuff works. We spoke to the ceo when the stock was 43 and it is still more than double going into todays session, fastly really gotten very frothty. It just rallied 32 this month this thing is a wild trader. We got some news, it was obliterated. I wanted to tell you that fastly is too expensive and you should wait for a pull back is fastly still good to own it the answer is yes. Before i get into the why, let me set the scene, at least until today the numbers were consistently better than expected in late may, we spoke to the ceo. He told a compelling story at the time the stock runs to 43 you got to buy it anyway, it is too compelling fast money Market Opportunity could be much bigger than they thought. By mid july, the stock broke out by over 100. And within days it pulled back to 80. That turned out to be a fabulous buying opportunity investors plowing back into this thing. By august 5th, it closed to 100 and up the last time fastly got down to the 80s, an amazing opportunity to get in. Fastly had run early given how much running in the corner, i think nothing would have been good enough. The stock tumble back to the 70s and got to 100 by the end of August September coming along and fastly seeking right back to 76 a little over an month ago the stock exploded higher and yesterday it made a new all time high closing at 128. It was crazy well, now it pulled back the 80s in the after hour trading. So you got to be intrigued what went wrong . Going into todays close, everyone thought fastly had a terrific content the people calling the shots dont know anything about tech so what do they do listen to what joshua bixby told us in may. Whats happening is you see this transformation, it is not just us. We are seeing with others, developers are being empowered as the new Decision Makers of organizations because they are the onesbuilding differentiati differentiation. Keep insisting on fastly because it allowed them to control their code and getting to the end. That translated to financials at least until today. Fastly cut their third revenue lowering to 73 million down to 71 million you kacant do that if you are a high multiple stock. You cant. You got to understand there was a ton of hot money, you were expecting far more than that you had a huge number of what i call robin hood today in the stock. They loved fastly. When they hit a speed bump at the close today, many of them just bail. The biggest customer is tiktok. It is loved by kids but hated bide the Trump Administration. Trump wanted to shut them down it turns out the uncertain geopolitical environment released tiktok revenue. I am betting the court it is going to be ugly otherwise they would not have to preannounce like this. Maybe it is temporary and maybe it already resolved. The stock is very expensive even before the negative preannouncement. It was selling for 32 times next years sales forecast, which was among the five and most expensive stocks that i followed people have no idea what it does and dont even care. I said that they just knew it goes higher which is why they liked it or knew it goes higher until tonight. Fastly still rapidly approaching and beloved by clients so i think you have to be optimistic if this stock gets slammed again tomorrow, maybe you can buy it during the week. This stock never recovers. Sometimes you have to wait for a full quarter to start to recharge it has been slammed down before and it bounced i would not be surprised it could happen again it may go down more before it starts to shoot down even to this brutal announcement, the fastly story is really intact as i said this very morning, there were too much ignorant money in fastly. The ignorant is pleaing lifleeie rats on a sinking ship dee in california, dee howdy jim whats going on thank you for your insights i very much appreciate it. You are quite welcome we hold a position in a company we feel is very wellrun and have plenty of room to grow. During the past several months of volatility, we have taken some profits and bought on dip the past couple of weeks, the stock repeatedly at an all time high my question to you is, whats your opinion on the status and the future for stock traded at c ttd. Jeff green. This stock have gone from 400 to 623 in a matter of weeks. Thats too hot for me. That says leave. Take it off the table so you cant get hurt thats not a reflection on jeff green. Hes amazing this company is amazing but the stock is too expensive hey, victor in florida, please jim, thank you for taking my car. Quite welcome i purchased xilinx two weeks ago. The other day you mentioned xilinx may be brought out. Can you give me any idea remember what i said . There were talks in the newspapers that amd made xilinx. I didnt think they would sale we had victor on and he had no indication of wanting to sale. It is a good company as it goes lower and if you can get it in the 70s, it is still too high in the 90s. Much more ahead including my sit down with v. M. Ware and nvidia is now a time to consider the stock . What policies are missing when it comes to a potential stimulus deal and tonights edition of lightning round. So stay with cramer. Before we talk about taxsmart investing, whats new . Well, audreys expecting. Twins grandparents we want to put money aside for them, so. Change in plans. Alright, lets see what we can adjust. Wed be closer to the twins. Change in plans. Okay. Mom, are you painting again . You could sell these. Lemme guess, change in plans . At fidelity, a change in plans is always part of the plan. At morgan stanley, a global collective of thought leaders offers investors a broader view. We see companies protecting the bottom line by putting people first. We see a bright future, still hungry for the ingenuity of those ready for the next challenge. Today, we are translating decades of experience into strategies for the road ahead. We are morgan stanley. When was the last time your property tawhat . L went down . Never. Are you kidding me . For years, the residential burden has gone up. While the corporate burden has gone down. Prop 15 reverses that. It closes corporate loopholes and invests in schools, small business, and firefighters. And when the big corporations pay more, your tax bill goes down. Thats right. A savings of a hundred twentyone dollars a year for the average home. Give homeowners a break. Vote yes on 15. A great year for the clouds. Bizarrely, it is not as great, it should be great for vm ware they also got big cloud on boarding business which i love vm ware stock is still dow a few bucks from covid level it is tricky investors always worry about what dell wants to do it i dont think michael dell wants to hurt anybody. Thats my knowledge of him vm ware got a lot going for him. They held al conference where they unveiled new multi Cloud Strategy so can it keep running lets talk to sanjay poonen. Welcome back to mad money. Always as pleasure to be with you. Sanjay, you had something people should be talking about you are in vm world, it is a huge fab what came of it . It is one of the big tech conferences and along with reinventing others at the end well have half a billion people watching it there were three take aways. Number one in terms of the news. We were excited of bringing ai to the matches we are really going to bring his a. I. Stack to the operating system of the data center which is vm ware we become a leader cyber company, we kind of really made it a real success and bringing it to the data center to protect workload like never before we announced partnership in this work from Home Security category a lot of what we do in the multi cloud world. We never had an event where everybody in the cloud had come to our attempt they see these 85 million workload of vm ware, listen we want to help customers alongside vm ware. We are seeing good traction with azure and all the other clouds we want to be indicspensible. Vm ware in 5g. Apple did this new line of 5g. Looks like you want to become the operating system of 5g whats happening with 5g, we announced some Good Partnership with dish. Whats happening is 5g has been integrated by network providers, hardware, services and expensive. 5g comes at an angle and disrupts it and takes it apart and you can do things with commodity h commodity hardware vm ware is finding success in the core of the network and thats what we announced we are seeing opportunity to get 50 reduction in their cost and make themselves twice productive and agile. We are very excited. Maybe 30 of them really matters. Vm ware is the best company of the softer era talk to me about security you may see that acquisition we partner with him because we want to make security simple. Leonardo da vinci says simple. I came early this morning from talking to chief security officers, i had 40 different tools. 10 of 15 of them is like agents sitting on the laptop and server we are going to make it simple with the market of vm ware, we get in the security space, watch out because what we are going to do is make it into the network and integrate it we are best to breathe in many of these areas in certain places where we have some gaps picking best partners theyre Great Companies well partner with our platform and Network Security with nsx and pick a few of these partners and go deep and simplify it. Sanjay, what you described is what i see my kids doing they are in the work force and they are working at 6 00 a. M and theyre working until 8 00 p. M they have what i describe as zoom fatigue because thats all they do. We used to be able to have breakfast and go to work and come home for dinner, it is not like this anymore. How do we balance the physical and Mental Health with these people theyre not used to this they dont know how to do it well, i am not sure eric waund would agree with zoom fatigue, hes a good friend. I was at sip and we are all in a small room sitting around the teleconference machine and now when i saw zoom first, it is on my phone and it is beautiful we want to balance work and life and not being displayed by our Mental Health. Mental health is equally important. We adopted some best practice, we think well create future work where we make it the best to be able to work in any location i recently had a lady was going to do a Global Demand job. Initially we thought shes going to do that job from palo alto. We want to make vm ware the best place to work. The end of each day, each person has to find their personal space. Everyday for me is my faith and family and friend. I have a routine whether it is biking or whatever lets you prepare for the next day i know, i count on you for inspiration. You often think about inspiration beyond the bottom line thats why we love you sanjay poonen. The ceo of vm ware great to see you thank you so much, jim. upbeat music we did it crowd cheering [narrator] wherever you start, snhu is where you can finish. crowd clapping crowd cheering here we go. [narrator] and its it. [group] yay [narrator] you did it, high five Southern New Hampshire university. [man] that gets a hug. laughing look at that masters degree, i did it i did this for my children. I am very proud of myself. [narrator] finish your degree at snhu. Edu. Before we get to the lightning round. Big news special airs tonight on cnbc essential workers keeping our airport running and planes flown. Tonight our own Shepard Smith looks at the battle of u. S. Air travel do not miss Shepard Smith reports tonight at 8 00 p. M. Eastern on cnbc. And now it is time for the lightning round. The lightning round, are you ready . Lets start with mike in texas hey, booyah to you jim. That one is email encryption when i think of encryption, i think of ibm lets go to emanuel in illino illinois booyah, jim i want your thoughts on gwth. Oh, gwpharma. The only one that has pharmaceutical cannabis and therefore it is great. Lets go to adam in South Carolina jimmy, whats up . I am doing fine, how about you . I am up around 300 on this whats the game plan there are two different disciplines. I like the stock very much with shopify, you cant be up 300 without taking something up. I want you to play with the houses money. Thats no reflection on the company. Thats called discipline lets go to cynthia in ohio. Jim, booyah how are you . I am good, how are you . I am good i am wondering your thoughts on the recently ipo snow flake. If there is as Company Making money even though it sells 100 times easternings this is the most expensive stock in the market so they must execute. Mark hi, jim they have a lot of high end good stores going out of business i love their camp gears. Whats the stock tj maxx i question how good the stock is we just trimmed some it is an indoor store it is not what people want it does have good inventories coming in. It is not going to scream higher i dont think. Lets go to new york cramer, long time listener, first time caller. Excellent you are a capitalist and you are finesse. You may be the future mayor of new york thank you you said a while back that you liked it the high holy day has passed and now it is down 20 i have a show called bull market fantasy, they are my sponsor. The stock is going down and it ran up in advance. The company is going to own the space. Thats whats so good about it again, they are my spot, solaredge tech i do like the company. That, ladies and gentlemen, is the conclusion of the lightning round. The lightning round is sponsored by Td Ameritrade vo im a verizon engineer and today, were turning on 5g across the country. With the coverage of 5g nationwide. And, in more and more cities, the unprecedented performance of ultra wideband. The fastest 5g in the world. It will change your phone and how businesses do everything. Im proud, because we didnt build it the easy way, we built it right. This is the 5g americas been waiting for. Only from verizon. Look for months i have been coming out here and arguing that we need another aggressive stimulus package i see the pain and the Hospitality Industry firsthand the house of pain people are not staying in there is little travel going on and restaurants . Social distancing makes it impossible for small operators to make money. It is not worth it only the large out fits with deep pockets can take the pain now you can say i am talking about my book. Thats not why i keep begging for congress to do something i am going to be fine of whatever happens in washington it is not about self interest. I am desperate for a stimulus bill because i know so many people are in this industry because of how i do. The people in the Service Business needs help and the same goes for the people that travels and the airline workers. They didnt do anything . I have gone through the Conference Calls of bank of america and wells fargo and jp morgan. I can tell you many parts of this company is on fire. The only defaults, travel and leisure and restaurants. Imagine this economy is a fourlane highwahighway. Three of those lanes are smooth. The fourth lane is rocky and mean and it is filled with potholes and can blow out any tires. At the end of the day, we can live without that. There are millions of people stuck traveling in that fourth lane and it is tough for them to switch over. Do we help them . Do we let them wither in the crash and recs on the highway . Here is what it comes down to. I think we should help them. I think it is a passionate thing to do. I think it is wrong to say those millions of people working in the Hospitality Industry, theyre on their own that tried me nuts there are plenty of people in washington either dont care or will sacrifice those jobs. They say who noeeds all those inns and restaurants why not just let them save the money anyway i think thats heartless i cant live with myself if i say otherwise. I like to say there is always a bull market some where and i promise to find it just for on money. The news with shepherd smith starts right now im shepherd smith on cnbc. And this is the news covid critical the fall surge is here and we are not prepared we are still reusing things that are normally singleuse items. Tonight, on the ground, in the states most at risk. California wildfires, largely, contained but now, extreme heat and strong winds deliver dangerous fire conditions to northern california. Never, ever, ever, have i seen anything like now a massive gut punch. An industry on