Nasdaq declined. 82 there is only one thought. Good, they all got a chance to buy. Not long ago on days like this we say oh boy, i got to get out of here while it is getting good who knows what it is going to happen with this thing it is going to roll over now we often see pull backs like this as opportunities that are too precious to swander. How do we explain the new mindset . I think because we broken the tyranny of the indexers. When the fed says something positive or when we get solid employment number. Either way, we were in the throw to these big macro events. They control everything. Not anymore. These days macro does not matter very much. And etf buyers have stopped reacting to this stuff instead they react to the opportunity so when stocks come down, these people step up and actually start buying, make it much harder to have a hideous selloff you know what there is nothing new about this less lock steps opportunity mindset. This was the old new normal of the index funds 20 years ago when i took stocks at goldman sachs, i say half the movement came from what the company did and half is the sector we didnt count the action of s p 500 for heavens sake. I thought he would be thrilled no he realized that eventually what he did would not matter to the share price no matter he executed a big institutions bought and sold the whole index to make their investments then his stocks would simply rise and fall with that basket calls the s p. This was 30 years ago. He nailed it thats exactly what happened t sure enough his company saw his Stock Plunged so low, dragged down part of the s p it ended up taking over what i think it is a fraction of what it is worth. Thats what happens when everybody pours their money into index funds. Something changed this year. They are having a major impact the index fund buyers are still around people are not trading the s p 500. As a principle way of saving money, not a bad idea of how low Interest Rates are you have to buy stocks then you can reinvest those dividends for much better return you get from treasuries. You got a ton of buying which creates a nice safety net. They cant even knock the market down anymore a bull market as an entirety has been such a terrible move for the past eight months that many managers are tired of getting burned beli believe me it is a big issue over at jp morgan, they wrote a devastating piece how the armageddon lost their way. Keeps on predicting gigantic selloffs and they been crossing over and over again. To the point where they had a lot of money taken away from them, as they should too much homework. It is not going well for them. It is a miracle they have any money to run at all and their Place Investors wanting the broader themes you can get an etf for anything you say. I am not a fan of these etfs, generally they try to own the good with the bad. Right now there is a lot more good with the bad. Lately there is been a move to own individual stocks led by novel investors whos captivated by the world of commission of free trade no commission thing has been revolutionary, for years we were told not to trade individual stocks because of commission gains. Thats not a problem anymore thanks for all this money in and out with all individual stocks, it maximized the importance of how companies are actually doing. It is a return of the old days when management execution really matters. Everyday we see individual stocks on the move because the under lining business are thriving you get a big spike in covid cases, you know zoom video will make money want to bet theyll get the vaccines buy the cruise line. Want retailers well, if we care about individual companies then you should go invest which now means target or costco of 10 dividend now that we beaten what i call the tyranny of index funds bottom line as long as Interest Rates staying extreme ly low you are going to get more days like today where groups moving opposite directions and opportunities coming knocking. It is not a weird anomaly. It is a delicious throw back to the days when individual stocks and their ceos Still Matters enjoy it while it lasts. Jonathan in new york jonathan booyah from long island nice to have you on the show. Thanks for being a mentor of the bull market and the pandemic you are the man. Thank you, highest compliment my question is about trip adviser. A year ago it was 57. Two years ago it was 57, 2019 was 29. Now it is at 25 i know the earnings are coming out in february, upon my research, the analysts seem split between buy, sell and hold i know what it is been i am curious of what you think about where it is going and the news came out today about a 3 threshold and new York City Schools are closing down again hoping it is short and temporary. How is this affecting the short term and longterm i have been listening, a great guy and ceo. If you think trip is going to follow, you should buy alphabet. A huge amount of their ad business is related to travel. Remember you can buy a shrivelif it i need to speak to jeff in texas, jeff. Hey jim, i have been watching you for years. Oh thank you. Simple thank you. If you are ever in austin, let me take you out for a beer and tact tacos. I am a long time investor, i want to hear your take on the future of remote learning. The new york Shutdown School system today due to increasing covid and students are coming school and multiple vaccines on the horizon, what do you think the next six months of University Students look like. I thought stocks will go up in the last quarter. It makes me feel like chegg stocks will run for now. It is going to stall out here. A lot of good news is in the stock. A lot of bad news has to happen. The vaccine is coming and a lot of people feel that when the vaccine comes, this stock is going to get hurt. Thats whats bothering the companys stock. Lets go to pablo in texas hey booyah, jim it is pablo from san antonio, texas. Thank you for all your help. Quite well koccome, how can p you sir. Gbrx, it was downgraded by jp morgan yeah. 30 in the last two days and now amazon turning into the pharmacy business and offering discounts for prime members, my question is buy, sell or hold . Wow, this is a tough one. I got to tell you. That was a brutal downgrade after all the selling yesterday. It hit it again. With that said, we have to hear. We have finally individual stocks matter again at last. Expect more days like today. On mad money, Doctors Orders are going. I am talking with the ceo and what could it mean for Companies Involved with Green Hydrogen i am going to give you my take experts while they are seeing a 20 increase of migraine during the pandemic, an increase level of stress on biotech player. Dont miss my sit down with bio. 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, 5g is going to change everything about the way businesses run. And most important is the ability to transform the smallest of businesses right in our neighborhoods. We created the 5g Business Impact challenge to give them the tools for them to come back stronger. The things that folks are doing today to survive during the pandemic will help them become more resilient into the future and Technology Like 5g is whats really going to enable that. Mits time you make the rules. And Technology Like 5g so join the 2 Million People who have switched to xfinity mobile. You can choose from the latest phones or bring your own device and choose the amount of data thats right for you to save even more. And youll get 5g at no extra cost. All on the most reliable network. So choose a data option thats right for you. Get 5g included and save up to 400 dollars a year on the network rated 1 in customer satisfaction. Its your wireless. Your rules. Only with xfinity mobile. Back in august two of the biggest winners of twas teladoc livo li livogo now that the mark have time to digest the news, we know there are not one but two promising vaccines something making investors nervous because this stock got a major boost in the pandemic. I dont think it is a temporary boost at all once you start to do digital doctors visits, i betting a lot of people are sticking with that because it is more convenient. The ceo of Teladoc Health to get a clear picture of where the company is headed as they work to integrate lovogo. Welcome back to mad money. Thank you for having me on. Historically the way of health was done differently and then people discovered teladoc before covid. It was gaining momentum and increased because of covid do we have any instances where people say i dont want to be in telemedicine anymore. Absolutely not. We were at one point fighting for awareness and we went straight to the acceptance phase over the first few months of the pandemic and we move to a place of consumers and physicians. This is part of their expectation sets of how theyre going to get care. When you merge from lovongo, there was not a lot of overlap how is the integration going the integration is going great. We have two very similar cultures with a common mission, very little overlapping in terms of clients and our product portfolio. It is comment plementary a Large Employer who was a teladoc client had not been indices cushion with livongo yet and we were able to close the deal literally in 90 days. I think the people are also misjudging another business line so to speak that it was not initial. Behavioral science which i think must be off the chart in an era where there is not anyone thats not on edge. Behavioral healthcare is incredibly important we are seeing record growth in our Mental Health area and 40 of the people who are coming to us for menital healthcare say they would not otherwise gotten care we are not just visurtualizing people, we are expanding access to care which is an important part of health and the cost of care a lot of us cant go overseas anymore. If i were overseas, i would call teladoc, that must be expatriots and International People where you are signing up frankly dont have any choice. We are the only truly Global Player in the virtual care arena. We may be the only Global Healthcare Delivery Platform where we have about 15 or 18 of our business coming outside of the u. S. Really strong in europe and south america and australia and new zealand and canada we are also serving people from outside the u. S. Or here in the u. S. , companies like, you know, Cigna International turns to us because we are a Global Solution jp morgan, theyre talking about taking control of your healthcare means you want low cost but high quality and you want convenience thats what you got when you merge these two companies. Thats right. Really now we have an unmatch breath of capabilities that are delivered using both technologies and expertise of therapists and coaches and registered dietitian as across e wide array of varieties that nobody can match people want everything they need we are seeing now 55 of our visits are from noninfectious diseases social distancing and masks control the spread of covid but it controls the spread of cold flu and strep throat our volume is dramatically year over year. About covid, where do you think we are just in terms of number of calls. I get a lot of people telling me jim, you dont look at the percentage of people who have died it is really lower than the flu. You should stop and you are too worried about it with your Mask Initiative to me it is not me this is a dangerous illness. I am sure you get a lot of calls from people who are not jus just it is not cold or sniffles thats right. Our volume is up substantially, it is only about 10 of our volume is covid related at this point. We are seeing people that come to us of all different condition ranging from hypertension to lower back pain to anxiety and depression and youre exactly right this is a dangerous illness and people need to heed the warnings and you know i am hopeful about the vaccine announcements that we have seen and we took all that into account. When we said earlier this year that we expect to grow 30 or 40 even before the livongo transition, we knew there was going to be a vaccine. I am hopeful that comes to market quickly and that we can get through the other end of this well, as i said this morning, you are the med tech company that i think is going to become the one like paypal. The one that they decide they like in banks, thank you so much, ceo of teladoc good to see you. Thank you, jim. Good to see you, too mad money is back after the break. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Was elon musk right when he ca call call called Hydrogen Fuelcells stupid and dumb . We got to take this seriously. Like him or not, he owns the electric fuel company. It would be crazy to block a 60 billion company for the index. I got to be honest with you, for many years i have the exact same take as elon musk. Thats the only time i will put myself in the same sense as him because hes a genius and great. You know what i did think that fuel cells were fool sales. They would go right back down and they did in the past year, something has changed and even billions have been lost changed the holy grail of hydrogen. These Companies Keep on trying and trying the technology commercialize Hydrogen Fuelcells may not be there. The money is any fan of tesla has to recognize that raising capital is half the battle again, fwe can make fuel cells work using dirty hydrogen harvested from fossil fuels. That defeats the purpose, does it i dont expect to ride around the Hydrogen Powered car the next day it does not matter what i think. It does not matter what elon musk thinks. Even if hes the worlds leading expert on electric vehicles which he is. What matters is something that happens the same day tesla m submitted to the s p 500 i am talking about millions o f dollars Capital Raise more than 10 of the hole. Plug power, theyalready got their batteries, most importantly they raise a bunch of money and the people who bought on the deal did not get crushed they finished the day with a small gain. Now they are up almost a dollar, even today is a terrible day this company spent two decades losing money a lot of money plug power stock broken. Not this time. This time plug power is worth nearly 10 billion and they beat the numbers when reported. Basically it is a who of who major player now, you can say what else is new . This company is making forkli s forklifts. All true, all true all true elon musk lets take a look, first, the biden president. Plug power and all things green got real lucky biden wont be able to do much in terms of legislation. Second, Green Hydrogen, the kind that can produce energy with zero carbon emissions, requires a massive electricity of viable research every year the price of winds getting cheaper and cheaper. Third, when it comes to renewables, the biggest obstacle now is storage you can build millions of solar panel winds though, when the sun goes down, the winds stop blowing. Hydrogen can solve that problem. When the suns is se sets, you ce the sun to make hydrogen there is mayjor players betting on hydrogen here we got lide i am sure musk view their Hydrogen Efforts with contempt there are japanese and german makers making similar investments betting hydrogen is the fuel of the future and honeywell, honeywell is not dreamers maybe we are not coming all of this from the wrong angle though pe forget plug power for a second what about the worst one or the one with the worse reputation i am talking about the electric truck developer thats becoming a punch line the founder could not stop committing fraud allegedly this was the company that took footage of their truck rolling downhill then just the video to make it look like bringing on their own power and going real fast i have not been a big fan of it since it happened. The company got some major backlash, nikola these companies have put hundreds of millions to nikola and they have not been deterred at all by the shenanigans General Motors struck a deal with nikola and they have not been pulled out even after the revelation that could be a game changer for them in the truck space. If it were signed, i think there is 20 you can make here again, i cant recommend the stock. Who the heck are we to doubt something far more legislative like plug power. It brings me back to elon musk right now hes absolutely right that tesla is looking much, much better and electric vehicles having all over Hydrogen Fuel cells are for dreamers okay, Green Hydrogen is not viable at least not yet the bottom line, hydrogen does not need to be viable right now to make Something Like plug power worth going. They need to raise money to chemokeep improving technology the money is there i am betting that technology follows. Hey, how about we go to joel in california hi, jim first time caller and long time listener excellent well, i have been in this stock for 10 and it is not trading around the 130 range i think it is going 200 a share. The company had expanded their market from the eu and india to africa they had the best solar tech in the u. S. , i feel they are stashing the surface of the full potential in my opinion. The company is enphase oh, enphase is terrific you should continue to own it. I think it is really, really good i need to go to christopher in california. Booyah from california. Oh, whats happening . Yeah, i want your thoughts on psx, i bought it around 48 a share. What would it be for the price to share the refinery, i know chevron doing work this morning. Refinery is not doing that well right now. You get a lift from the energy complex. I do want you to go. I want you to go if it gets back to 65 sure, the tech to commercialized Hydrogen Fuel is not there yet elon musk is right but the money is thats what he may tell you stay off the battle much more including my interview with and why robin hood trader may have gotten ford right but the analysts got it wrong. Stay with our lightning round, stay with cramer ok, just keep coloring there. And sweetie can you just be. Gentle with the pens. Okey. Okey. I know. Gentle. Gentle new projects means new project managers. You need to hire. 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 so you can start hiring right away. Claim your seventy five dollar credit, when you post your first job at indeed. Com home. You can still find some straightforward stories that are nice and easy. Take Biotech Company with a stock that is higher for the past eight months. Their migraine drugs bio haven share have tripled i told you you have to buy it. Not to mention Everything Else in the pipeline and including something we never talked about which is the alzheimers drug. Lets talk to the ceo. Welcome back to mad money. Hi, jim, how you are, thanks for having me back i woke up at 3 30 a. M. With a blinding migraine. Incredible i had to go downstairs because i didnt have my medicine next to me five minutes later, i have no migraine when i speak to other people who have my dprigraimigraine, they of over the counter medicines. Why have they not heard of bio haven . Thank you for that. People like you who share that story that they have migraine and found relief of the new treatment which is why we are seeing an explosive growth in our prescription years to date we have over 200,000 pr 200,000 prescriptions at otd we are hearing stories of how patients lives have changed you are describing of what we are hearing from hundreds and thousands of patientpatients how can we get rid of a migraine in five minutes whats the mechanism it is the root cause of whats driving the pain and associated symptoms of migraine and what our drug does is selective for that and blocks it so it blocks the pain and the associated cascade of symptoms it is a targeted therapy and thats why we believe it works better than other treatments out there and this is the best in class profile. It works fast and it is the only quick dissolve and it has a long halflife that continues to work up to two days okay, when i see you on a saturday thats going to rain on sunday, i know i am going to be driven to great despair. When can i take something for bio haven that makes it so i wont dread on sunday . Great questioning i hope in six months or so from now that well be the first oral bhvn with the indication of migraine patients deserve to know that they can prevent their next episode and not wait for the next migraine to hit we have a date next year and if we get approval in prevention, this will be the first or ral agent thatll be indicated as duo acting for preventive therapy. I hope one day in the near future patients like yourself and others can take something to prevent my dpraigraines with an medication and not injectables will it have the same effect as this does it will be the same drug and dose it is the same drug and dose you ta i can tcan take the freq it you did not fleneed to get it o daily basis. Thats what we file with the fda and we like for it to be prevention of migraine that would be unbelievable for people there are millions of sufferers who do not know it drives me crazy. I can go to a ready clinic where ever i am and i will ask them about my dprigraine and they do know i am sure it helps some people if researching the segment, i usually dont like to bring this up because it has been a hard thing to beat. You do have some something that you are trying for alzheimers we know and i dont want to give anyone false hopes i have seen Major Drug Companies just completely, does bio haven have something. I think we prove that we can deliver a novel deceased of paradigm shifting medication we hope to do it with alzheimers. That is tough disease. We have to have limited expectations for the upcoming trial. In december, january, we are going of top line data from a pivotal trial of our agents and the treatment of alzheimers disease. Our hypothesis is that this will not only be symptomatic or improve the symptoms at the time but it may disease modifying effects. I share with you the need of tamper downey expectations of the tough illness, we have to keep trying to beat this illness, i hope it is us well find out soon. It is obvious to me that word is trying to get out nobody wants to go to the Doctors Office and you are getting these numbers. Some people are saying let me get to the doctor, i have got to get this drug. Absolutely. And so even in the covid with our migraine treatment and nurtec, people are going out and getting this drug. You know as well as other migraine suffers that acute attack of my dprigraine is debilitating that you will go out and get treatment for that what we have done is try to help patients getting access during this time of covid by going directly on telamedicine and copay card so people can get access at home we are continuing to do that well, it is great medicine so been an unbelievable stock, too. Thank you so much for being on mad money. Thank you, jim. Ceo of biohaven i am someone who felt like i had an ax through my head this morning and i felt pretty good a couple minutes later mad money is back after the break. In some ways, things are kind of the same. In other ways, well. Any questions . The good news is. Weve learned, we can do this. Turns out when were hitting our goals, nobody cares if were wearing pants. We just need the right tools. So our team, stays a team. So no matter what comes next we can work better do better this is going to work. It is time and then the lightning round. I am going to start with brett in rhode island. Booyah, jim, really enjoying the show the question is mgm. What do you think the future holds and is it a buy . I feel strongly because the chinese are coming back so strong we got to be in wynn it is really wellrun. My idea for you is wynn i need to go to josh in connecticut. Booyah, jim, big fan of the show oh, thank you the stock has dropped significantly since. Vrm. Lithium motor and i like it those are my place i need to go to vincent in florida. Jim, booyah my question is on ggtf with its rapidly growing sales and helping with vegan and responsive source of ingredient. What do you think the company to be today or years from now i have not had it yet tattooed chef. To me beyond meat is what i like i got to tell you there is too Many Companies in this area. It has been too successful i am going to hold off i feel the easy money has been made the easy money has been made i need to go to bill in pennsylvania jim, booyah, in steel country. Our family ecommerce business uses a web platform that was acquired by shift 4. I dont know them someone on twitter yesterday says oh you are just pretending not to know them i didnt go to college i got to do some work on shift 4. I got to find what it is for lets go to richard in texas hi jim great informative show thank you we are regular watchers and first time caller. I wonder what you think of texas instrument instruments. I love texas instruments. It is apple and everything it has been around forever it is great cash management. Texas instruments is for me. Should we take another lets go to william in michigan. William hi, jim, thank you for taking my call. My pleasure the Sports Industry is going rapidly taken off during the pandemic, i am wonder if this momentum will continue post covid which allows the company to be a major player in the industry what do you think of draft kings . There was a piece that came out yesterday said that we are under estimating gambling. I agree with that. Gambling in this country is gigantic so i am saying yes, and that, ladies and gentlemen is the conclusion of the lightning round. The lightning round is sponsored by Td Ameritrade a little over a month ago we had some fun ford and General Electric got locked in a combat i bet ford will reach the finish line first turns out it was ge. Ge broke out over 10 today. It only took five weeks. I thought i was exaggerating that this would be better than ford verses ferrari. Looking back that description is pretty accurate. Ford came out with a blowout quarter and not to mention new lineup of cars and trucks. The short time that jim farley spent at the helm, fords ferrari have changed should not be a crazy idea until the company committed to be in every country and every part of the world. Losing money does not matter farley cares about profitability. He does not want to make cars if he cant make money. Demand is crazy and inventory is low, both thanks to the pandemic they need cars to get around so pricing is fantastic right now. Maybe some people say the best ever especially for certain models like the f 150 commercial pick up theyre insanely value some cases they are more expensive than they would have been ford still needs to extricate itself i bet theyll love the new 20231 broncos which is sold out everywhere i want the threeseat. This is a fabulous situation for ford how the heck did it lose to ge one word boeing boeing just got approval of the 737 max in the air and thats gigantic for ge which makes the engine that gives the Ceo Larry Culp building up a renewable business when does he carry the same . At this point could be an actual business and not just a hobby. However it is the Aerospace Division that brings ge back to life in five months the vaccine should be wildly available and people will be flying again and demand for new aircraft. Thats the whole ball game both ford and ge are reliable and dividends and Balance Sheets you know what . I think that can happen again. I know many of you look down at the amateur robinhood crowd. Theyre often dismissed of having a millimeter of knowledge about the stock. I come back and say wait a second, if it is so darn dumb, why the heck are two of their favorite stocks giving you incredible performance well, maybe intelligence is overrated. I would like to say there is always a market some where and i promise to find it just for you right here on mad money. I am jim cramer, i will see you tomorrow the news im Shepard Smith and this is cnbc. The good news keeps coming on the vaccine front. Pfizer just days away from requesting fda approval and the first athome covid test is on its way. Cash crisis. States and cities bleeding money with no relief in sight. Millions of americans at risk if Congress Fails to act soon we do need to close our schools for th