Dont bet against progress thats the lesson for todays stock market where the gross name came roaring back the nasdaq surged 3. 85 . I know what you are thinking. It feels like the whole republic fringes. Well, excuse me. We are having one of the greatest rallies i have ever seen despite all the worries, the woes about the market tanking if Election Night was in indecisive indecisive like it or not, the people spoke. Whether biden or trump ends up on top, it looks like buy den right now. The democrats will have the house and the republicans will have the senate. At least two years of boring do nothing government even with the pandemic and the high unemployment and of course just kind of anger, americans seemed satisfy with the status q quo. They certainly dont want higher taxes. Something that would have been on the agenda if the socalled blue wave has washed in. Thats a big deal. I know based on the polling, i was worried what may happen to stock with a blue wave just stocks. I am sure the stock did fine with president obama that would have hurt a lot of people portfolios. These democrats so what does it mean for your money what does it mean for the stock market forget about a massive blue wave stimulus package i told you thats a mug scheme it aint coldinming the banks and the oil and industry, look at caterpillar. Down 12 bucks. The ones i said buy, buy, buy, all rocketed higher. I am going to give you more on the show amazon reported a massive upside surprise last week lets go back this massive. I cant believer i said it those numbers were great what happened when i was talking . It was being hammered. It got its groove back to 192 covid is here to stay and amazon is the bigger winner of the pandemic, they spent 4 billion for safety and supply Chain Security microsoft and it came out. It delivered an extraordinary set of numbers stocks meant nothing azure cloud. Gaming, regular windows, i love you. Yet the stock was obliterating that selloff was insane. That must have been the best balanced quarter ever. Some of the best we have seen. I found myself shadow boxing with the bears thanks to todays growth rally, it is rolled back. That whole decline and then some now looking for whom mortified me i have a particular set of skills thats a nightmare for people like that when facebook reported i thought i was losing my mind other Small Business traditions. Decent numbers, great Monthly Average users and the big position on facebook i wanted to hug mark zuckerberg, talk about chill the stock got pummelled with everything else. I talked about a negative forecast even though it was not negative it was a picture perfect quarter. Something now the market acknowledged when facebook so soared 22 today. I expect more gains ahead. I like apple since 5. I was on the phone with ceo, tim cook, as he released the numbers. I was blown away oh, it looks great the Service Revenue stream, wearable and remarkable. Ten minutes later i feel like a total bozo as the stock collapsed for no reason. Now that apple is back it is up more than 4 bucks i think apple got more room to run. Guess who apple supplies to . Right. Next stock maybe all time highs . What does these things tell you . I think they speak to the power of the micro over the macro or in plain english, the people that told you to switch into the banks and the industrials and the oil because of the economy, well, here they were dead. Wrong. If you listen to them, you know what you did you sold some of the greatest stocks in to one of the greatest rallies. Even of the magnificent move from the nasdaq. I think tech got more upside, i really do. Let me give you some reasons first off, i used to write obituaries for the harold examin examiner everything i heard about these stocks were finished, it is like the subject of my obituary a blue wave was going to sweep congress, a liberal congress forcefully break up. Oh, thats off the table there maybe some poor hearing but the only thing thatll produce is a mean rhetoric big tech, proposition 22 in california, the one that allowed uber and lyft operating. Second, i think well get some sort of stimulus bill but it wont be big enough to offset all the jobs losses and with covid cases back hitting a new high thats unfortunate in real life. It is great for the gross stock that i am talking about. It makes cyclical less attractive big tech does not want a red hot economy. It wants an okay economy where companies are higher to digitalize to stay competitive a Biden Administration would be less on immigration. I know thats going to be unpopular. Thats whats going to happen. We have a lot of immigration, it is great for Housing Mortgage rates are still slow. Third, the drug stock and Health Insurers have nothing to fear with the bidens house. However, i think the electorate has spoken whatever way this thing goes, there will be a peaceful transfer of power. Hey, that means no white house bunker, refusing the verdict and no fighting in the war room. There is plenty of challenges coming but it will be settled in court and not the streets. Bottom line, finally we can stop fretting about politics and focus on business and your money again. A divided congress and a blue white house, well, thats called nirvana for gross stocks imagine automakers i say avoid the beaten down cyclicals. This is not the market for them. It is the market for you why dont we start the questions, i say going to darlene in ohio. Hello jim thank you for taking my call of course first time caller and long time fan of mad money. First time long time. I am calling about eaton corporation. Do you think i should sell it now . Eaton is reinventing itself it got caught up of the cyclical downturn, what a perfect quarter. They are doing so many things right. A lot of different ways to make money. I dont want you to sell eaton when the cyclical hang over finishes, i am going to be talking a lot more about eaton i like what they have done that management got horses it is back to basis means back to business. You can stop fretting about politics anyway, mad money tonight, big power of the internet. What did the company see in terms of demand during last nights election where we all kind of streamed it . I am going to talk to the ceo. Why this years election illustrates why the healthcare sector should be on your radar cannabis legislation on five state and ran the table. I am going to talk to the ceo of cannabis about what it means for the sector and i am wishing melissa lee a happy birthday and may i say stay with cramer dont miss a second of mad money. Follow jim cramer on twitter. Have a question . Tweet cramer, madtweets send jim an email at madmoney. Cnbc. Com or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. Ourselves. Lets get checked for those around us. Lets get checked for a full range of conditions. Introducing letsgetchecked a Health Testing you do at home. Lets get round the clock support from a team of nurses. Lets get fast, accurate results. Know your health. Know yourself. Order now at letsgetchecked dot com and remember the moment that things, for one strange time in our lives, got very quiet. We worried over loved ones, over money, over our planet, and over takeout. Lets remember this time when so many struggled to feel secure, and build a future where everyone can. Because when the world seems like its standing still. Thats the perfect time for us to change it. Nearly every tech Company Reported last week got crushed even if the numbers were good. Now it is starting to roar back to life. The Worlds Largest cloud base the Company Reported on tuesday night, the Stock Plunged nearly 9 just the next day when i got a call from kevin a couple of days ago, i said why am i mising a quarter . I am more akicting to the chattr all things got crushed last week with yesterdays streaming traffic, akamais stock and trade, i thought we should chat to cofounder of akamai welcome to mad money. Good to be here i watched the returns on two pcs, why not caller is good and everybody is fast many people shifted the way they watch . Yeah, you were not alone. Traffic was very high on the news site. Around mid night we saw a peak of 18 trillion bits per second of traffic for the news side thats about five times normal for a regular day on news and it was more than double what we saw on the 2016 election which set a record for news. Big night and a lot of people watching on the news sites on the internet how much of that is behavioral and therefore may never go back . Yes, you know it actual willy i nicer to watch it online because you can get what you want. Any details you are interested in particularly race and the apps are sophisticated now and you can get updates faster it could be a better way to consume it in my case i had the tv on and the app. What happens with 5g to just say tv seems slow . Yeah, better streaming quality and lower latency and better experience and more online we are worried of election insecuri insecurity, there is a lot of hand counting ballots and the year of covid, if someone wanted to break into the system, somebody better be there watching out for us. Was akamai watching against attacks last night absolutely. We call it sort of a quiet night but thats the wrong term to use. It was normal which means there were a lot of tax going on and news sites were among them, in fact you know one of the best Financial News network over the last 24 hours, we stopped 100 million malicious attempts to get into the site. That was big for them. Overall i would say it is as normal night which means a lot of attacks going on. When i hear that and i am not sure 100 million when i hear that i question what i read through the quarter, Morgan Stanley wrote, results past the peak. Earnings but lower quality and talked about ecelerating. Yeah, we had a great quarter we delivered 1 growth 2 of gr the top line and 19 earnings per share and a lot of that is growth in our security business which is profitable and grew 23 in Constant Currency and well over a billion dollars in annual run rate and doing very well in addition we took up our estimates for the full year. Akamai is doing very well. Historically democrats won equality in Elementary School and middle school and the best way to get equality is everybody getting equal fast line. Do you see if biden becomes president that akamai can be called into equalize our country . Well, we certainly want to help we do have a Digital Divide in this country and thats an even bigger problem when we are relying on the internet for education because a lot of kids cant be in school right now and thats an issue. Thats an area where we can help and of course we need the chris dena care yi y iers and making sure every child has a good home in america the division is real. There is more work to be done when people are talking about all the traffic you are getting, are you making less money on the traffic . Is it a good Gross Margins anyway it was a great for our margin our operating margin was 32 last quarter absolutely very profitable business sometimes you may get confused with some of our competitors who are not profitable and much smaller. Akamai when we had our business is really profitable i am glad you came on i dont want to jump to conclusions. I am so glad i got to speak to you. The analysts who were negative got caught up. Dr. Tom leighton good to see you. Thank you. Mad money is back after the break. For skin that never holds you back dont settle for silver 1 for diabetic dry skin 1 for psoriasis symptom relief and 1 for eczema symptom relief gold bond champion your skin every four years we see the same pattern the healthcare stocks start getting blasted. Democrats and republicans love to trash talk high drug prices when they campaign it is an easy way to score points everybody hates the drug companies. Even though they have done a lot of work fighting covid19, i am proud of them. Well, it has not brought a lot of good will in Election Year where it looks like the democrats will have a blowout victory tons of hedge funds with bet heavily against healthcare the people are unhappy with trump. Biden got a 10point lead. The democrats are going to take the senate in a landslide. Once you start hearing of a landslide, investors worried that biden was in the far left, meaning socialized medicine would be on the agenda tch it does not matter it was never really on the agenda the healthcare stock got crushed anyway the hedge funds bet against the drugstores and anything having to do with healthcare. The same polls had people thinking we had a huge democratic stimulus bill something we give the economy a major boost. Making healthcare cohort less attractive these are the kinds of low and steady stocks that wall street du docked i told you to buy it within a week i just seen the mew ovie i have watched it so many times i am so tired of it. Even if biden ends up with a narrow win, that means the healthcare status quo should stay unless the Supreme Court decides over obamacare after last night the market realized what i have been saying all along. This whole industry is gon gone it is going to be fine healthcare was the strongest segment today. United health group jumped 10 and cigna. Nobody is coming after your insurance. I think that was never on the table. At least not since biden beats bernie sanders, the primaries. I think all the analysts will come out tomorrow and raise numbers and say great things thats what they note to do. Theyll come out of their fox hole and say good things all the pharmaceutical soared. An fda panel ruled bio drugs effective. The industry tried decades to beat alzheimers and they fell every single time. What happens next . We get a whole years worth of performance in one day as the healthcare regains its loss. It is one of the most reliable traits in the business i dont think we are done because we got to have the analysts come out and say hey, you know what . Maybe the industry is doing better than we thought lets go to alexander in florida. Hey jim, how are you doing . I am doing well how about you . You put e mame into cat ten r ago. It has been a moneymaker for me. What do you think . Today was the day that says stimulus was not going to come there is another side of cat thats where it is going to do with china if biden becomes president. Biden is a consensus maker hes not going to take action against china. Thats going to give china the opportunity to buy in order to show good faith with the Biden Administration then you will gate chance to buy more or ride it out. Dont sell the stock will in louisiana sure. Most of the revenue from federal contract is awarded under the Obama Administration just wondering how you think how the market is going to react if theyre selling it, you have to buy it it is one of those where it does not matter whos president you need the kind of intelligence i am not recommending palantair. I like Palo Alto Network thats a 10 stock all right, guys. Trust the pattern. Healthcare is always worth having exposure to we love diversify portfolio here one of three americans have access to legal weed so why is a stock like Canopy Growth stumbling today. I am talking with the ceo. We may not know who won the white house yet. We know how the big ballot plays out. And our rapid fire of tonights edition of the lightning round so stay with cramer as business moves forward, were all changing the way things get done. Like how we redefine collaboration. How we come up with new ways to serve our customers. And deliver our products. But no matter how things change, one thing never will. You can rely on the people and the network of at t. To help keep your business connected. If youre concerned about the environment and climate change, how do you find companies that are driving the right outcomes . If you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities . For nearly 40 years, calvert has delivered competitive returns by investing in Companies Making a difference because we see value in doing good. Talk to your Financial Advisor about investing responsibly with calvert. Talk to your Financial Advisor about investing responsibly new projects means you need to hire. Gers. I need indeed. Indeed you do. The moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. Claim your seventy five dollar credit, when you post your first job at indeed. Com home. I mentioned earlier last night four states voted legalize recreati Recreational Marijuana with fifth mississippi. When you let the people choose, they choose big. The big grower all hoping for a blue wave election that did not happen. The stocks got hammered today. Still, this was a big night for the industry so lets take a checkin with david kline, the ceo of cannabis corporation. Mr. Kline, welcome back to mad money. Good to be here whats better for your industry . A president like biden who shares the idea or at least his Vice President that things should be legalized nationwide or a lot of big states voting in favor of having legal weed well, i think you are on the right point because what we saw yesterday was momentum because what we really need is flip the senate over to procannabis at some point in time if you continue to win states like some of the states yesterday which are traditionally conservative states theyll ultimately bring their senators along with them we think that momentum will carry permissibility in the not too distance future. I dont think of these states as states that would say hey send some pot heads in here. I think even a state like new jersey have ramifications beyond new jersey because if you are sitting in the state house in new york say or pennsylvania, you are not going to want your residents going over to new jersey and putting dollars into the tax profit of new jersey or creating jobs in in new jersey the more states that pass some form of permissibility, i think it really builds on that momentum which will ultimately results in permissibility. My kids drink this i dont know, i rather drink castor oil. I want drinks that have no filling and give you a little bit of a buzz. There is nothing wrong saying that and thats what beer does and i see all their ads when i watch the football game. Will it be possible that i can go to a socalled packaged store and buy some of those cans it is going to be a question of when. We announced our partner in the u. S. Acreage will be bringing our thc drinks antonio the u. S. Next summer. Well be going through the dispensary each state has its own regulation and so it will be available in dispensary. It will belonger before it is available in a normal lets say like a convenient retail or a place like that. With that said, we already trying to build out distribution as evidence by the deal we did with our bio steel using the beer network, the constellation brand utilizes in the u. S. We want to position ourselves where our products are widely available and anywhere you can buy a beer i think you had to get it under control. It is not your style to spend endlessly and not having anything to show for it. I did find a little bit disconcerning of total adjustable market number that was not as big as i thought. Did i think too big of this industry a couple of years ago no way. I think, jim, we put out about 70 billion thats based on current users because it is hard to estimate the people that we may bring from the beer category the beer category in the United States is about 110 billion there is no doubt in my mind that we can bring over some portion of those consumers you layer in of people spending a lot of money on Pain Management or anxiety reduction or sleep aids. Cannabis has been used for this sort of thing for centuries actually and those numbers are not really in our assessment but you know to me thats also why i am really excited about edibles and drinks because we are going to bring those consumers into the category through things like drinks and edibles we are not going to have people entering the category by inhaling it always seems silly when you talk about edibles there are a lot of states that are legal. Do you have a product line you are a cpg guy . Will i see nice candy boxes or will i see godiva situationlike i dont see why not . You are absolutely will if you look at our Martha Stewarts cbd offering, you will get a sense of what well bring into the market working with martha we created cbd dummies that used our science, the effect has been along with marthas touch in terms of flavoring and we are getting great reviews on that product. Thats the kind of thing you will see as we move forward in this space thats why i have been sticking with you the whole time i think President Biden is going to make it that we got to get some revenues in i want to congratulate you on everything you have done to turn around the Company Since you got there. It is an investable situation. Thank you to david klein great to see you sir same here, jim. Mad money is back natures bounty unleashes something exciting. Say hello to a drugfree way to ease stress. Stress comfort. A gummy supplement with lemon balm plus saffron, to naturally boost your mood. Stress comfort from natures bounty. We did it c 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. I am urging you rather than going that way, buy a fraction of a share in alphabet which is google they are crushing it they are like the lakers they even have a guy thats like google cloud like lebron lets go to diane in new york. Booyah. Booyah diane talking about diane come on jim, i admire your energy for life thank you for your example thank you i bought oracle at 60 a month ago. It is going up and down. Should i buy it or sell on this Political Climate . I think oracle is fine. I prefer sales force why . It gotten much faster growth it is doing better oracle may get this tiktok property you go into sales force, have you seen the picture at the bottom right hand of the wall street journal, it got oracles business and the other guys business it goes like this. It is really interesting i would go with this why dont we go to bill in pennsylvania hey whats up yeah, you are on. Well, you dont see yourself you see bill in pennsylvania underneath me. Go ahead we are doing some talking i am right here i am bill in pennsylvania whats the matter i am bill in pennsylvania, i have a question about at t i am concerned about at t, i am actually willing to say, lets give it one more quarter and we can buy lets give it one more quarter thats the problem is the balance sheet, not the business. Can i go to cam in new hampshire. Hairspraey jim love your show want to know about Scholar Rock Holding i am trying to figure it out. That leads to the conclusion of the lightning round. The lightning round is sponsored by t. D. Ameritrade something i think too many people have overlooked today we dont know who won the white house. Thats fwoigoing to go on for a little bit many of them are gaining the ballots. It was a huge victory for the cannabis history for Sports Betting and ride share companies. Referendum either way this was a great night for those three industries of market implications why dont we take it group by group, starting with the cannabis five states held a referendum on weed and weed won them all i think the president ial race would have been a lot less close. Arizona and new jersey and montana all voted to legalize Recreational Marijuana south dakota had two separate ballot issues. They legalize medical marijuana and Recreational Marijuana on the same night when legalization was happening in california, colorado, you can argue it was a liberal thing but montana . South dakota i am calling it. Paraphrase the line from reagan. The war on drugs is over drug won the one exception that hung in there and now is roaring after hour trading the Company Announced acquisition. Why do most of these stocks plummeting when cannabis hatd a great day yesterday. U. S. Growers cant list their stock in this country. These canadian growers need federal legislation before they can take the American Market by storm. Thats off the table who knows . They only traded in canada those all held up much better. Too many complications canadian g canadian growers dont benefit, how are you supposed to play with these new states that have legalized weed think of them as the plausible deniability marianlility marijus their customers could be using this stock for anything. Take grow generation some people call it a roll out it is an interesting stock grow generation snapped up the Third Largest center this is rapidly growing industry for consolidation. You can go all sort of stuff with hydro phonics as it happens, it is the main way for people growing weed. Speaking of hydro phonics, it gave me terrific number this morning. Then there is innovative industrial properties. It licenses medical marijuana grower rates are very low i told you to buy both of these stocks on october 20th,roughly two weeks ago and they are both higher today especially industrial properties. It was up more than 10,000. I know most marijuana investors want a blue wave i am hoping it will convince risks of lawmakers that legalization is good politics. Illinois became the first state legalizing cannabis by passing law rather than referendum maybe thats how it is going to go from now on maryland authorized promotional Sports Betting louisiana, thats coming later next year or 2022. South dakota passed constitutional amendment to allow Sports Betting in states gambling district. On top of that, nebraska passed a series of amendments to legalize and regulate and tax casino gaming. This does not cover Sports Betting. Now i want you to put it all together and this is great news for draft kings which spon sponsored my program mgm, and Penn National which i have been recommending forever theyre the ones with the best chance to profit from these new states Sports Betting have gone mainstream and like cannabis is taking the country by a storm. A lot of states want that tax revenue, all right right now lets go to bookies, you get it and you make money. Lets talk about prop 22 uber and lyft treating their independent contractors as regular employees, meaning theyll be paid better and getting actual benefits and thats very expensive. From a labor rights perspective that sounds pretty good. The Business Model does not work unless the uber and lyft of the world can pay their drivers as much as a Third Party Contractor the law was an existential threat and not just uber and lyft turning the law and let these companies keeping their old Business Model funding for Health Benefits if drivers work 15 hours a week thats something the least they could do and additional protection against discrimination and against sexual harassmenharassment there is still contractors though thats what ride share needed to keep their Business Model intact Silicon Valley went out and campaigned for it. The vote was supposed to be close. It turns out california voted yes. Thats why the stock of uber, 14 gained and lyft 11 gained just took off today. The overwhelmingly success of tra prop 22. This referendum says that may not be the wisest move politically. The bottom line, whatever else happened yesterday, Election Night was a huge win for cannabis and Sports Betting and ride sharing industries. You had other referendum wins, floridas 15 minimum wage, criminalizing hard drugs including heroine and cocaine from the stock markets perspective. Oregon is really driven when it comes to a lot of laws it is the first that really matters for you. When you let people make policy directly, i think they make smart choices. They bring it out from the shadow and into the public where it could be taxed and whats happening is states that are so strapped because of covid can start making money i would not be surprised if many other states follow particularly when it comes to gambling because you have out ffits that are so easy to use and could be taxed that a lot of people like to gamble. I would like to say there is always a bull market some where, and i promise to try to find it just for you right here on mad money. I am jim cramer, jim cramer. See you tomorrow the news with Shepard Smith starts right now im shepard shirt. This is the count to 270 its the news on cnbc. Democracy is the heartbeat of this nation. We will win this and as far as im concerned we already have won. The count still going america divided. Tonight, we break down the road to 270 and the where is country is headed. Each state will get to a final outcome. The economy, health care and the fate of the courts, how the ballots of power in washington could shape ou