Need. When you are doing well in the economy, you meet those who realize it. We are so busy being in the negatives, enclosing the surprise pump that we had on friday, we cannot see the positives that are around us. Maybe it is time tonight for a little refresher course on what we actually want to see from the economy. That just does not jive with the facts. We have what we want for stocks to go higher. We have what we need, people seem to not realize. There is a historic goal for stock prices. That is the ideal kind of economy for the stock market. You know what, we are there. Lets start with this unemployment report. It is explosive. The Unemployment Rate is already 3. 5 . If we want to create more bad news for the market. That is just crazy down, people. Crazy town. This is exactly the assembly weve been waiting for. Bodice job growth with inflation. That is what causes the job market to go higher. We want an economy that can grow. We have. Why do we have any reason to sell. It actually means that people are rethinking this dire activity. They are going to recognize that if unemployment is below 4 , that is still terrible times for heaven sake. That is a terrific time to invest. This is the kind of buying activity we get. The product, it was a thing of beauty. Second, they do not want to sell stocks of Interest Rates are going up. That is a given. We have investors that bought the bonds i really bad prices. It is longerterm Interest Rates that are too low. We are not going to have a recession, ive been saying that. That will justify the low rates. It is not landing at all. Good attitude. Lots of Job Opportunities with runaway inflation. They do not want to crash or land. A lot of times it is hard versus soft. They are losing their shirts. You know why, they should be losing their shirts. They thought the economy would crash. That happened, they placed it, they lost. They get a lot of airtime and they love to complain. They always complain that the market is wrong. The stock market was right today. Why do we never look around and see how other countries are doing. We learned that german Industrial Production is down and german wages keep going higher. There is Wage Inflation with a stagnant economy. That is not this. China, who knows what they have got. Bad inflation as far as im concerned. They have accelerating manufacturing after years of decline. They have years of manufacturing but they cannot do it. A dictatorship with a command economy. The federal raise has kept rates very high. We want that. We have a lot of stimulus coming our way. Making sure the economy does not start up again. The higher rates will keep inflation in check. More growth, low inflation. Why cant anyone admit it. These are some of the cracks in housing that i am already worried about. That is huge. Some rent is going down. Home prices have stopped going higher. You cannot expect them to plummet overnight. Double digit declines in housing . Some sales go up, new and used vehicles. Do we want to lower car prices, lower home prices. You should be incredibly happy here. It is what the fed wants. They will never tell you that. Five months ago, we were worried the bank system would collapse. Thousands of banks would fail. A few others came close. There is a big difference between handfuls and thousands. Where are they . That is it. Okay. J j is up three today. I saw them because i was worried about the losses. These people never admit they are wrong. What is the selfesteem . Im confused about them. The regionals are good buys still. Im trying to be nice. I just deal with all these people, i am not calling them liars. They just do not have the ability to say they are wrong because they think someone will take their money away. I do not care. Companies will use Artificial Intelligence to get better at what they do. This will not happen yet. We will start seeing humans replaced with ai. That will be terrible to the moderate levels of unemployment. We have a labor shortage in this country. A surplus of people might be what we need. It means saving money but we have other people to do other jobs. I just think that the problem is we are getting what is wall street always wanted. When the rate cut finally start which i do not expect to happen, we will have the and voted curve and so all the people who sold stocks will be easier to buy those stocks. And you can be a seller then. That is what happens with this product. Im sure it will happen again. This is good despite the fact that things are good. Revenue was fine. Earnings were great. I dont know what more you can ask for. Yes, there will always be a survey that shows how terrible things are and how many bad things are have. Here is the bottom line, good economy, good set up. Not today. We have to admit that the economy was better than anyone imagined a little while ago. Today there is enough negativity around that. You will have a better chance at better prices. Wayne. Whats happening . What is the future of regulated electric utilities . Somebody asked me about that and here is the problem, we have a company that yields 7 . Same kind of cash flow. You can make up your own mind. Chris in california. Chris . Hey, cramer. Chris, what is happening . Not very much. I appreciate all of the work that you and your team did. Jeff does a fantastic job. It operates more like a mutual fund. Now blackrock, what is that doing, that is one of a stock. I have been putting it in the bullpen. It is so good. That company has Great Technology too. Look at that board of directors. America. America. Maury, there it is again, mori in massachusetts. Nice to speak with you. I bought moderna during the pandemic. I chose moderna. Apparently i chose one of the right ones at the time. To i know it has not been good with what we want. It has the things like zoom or walgreens or cvs. It is bigger than that. Tell us about all the great things you are doing. Im sorry about the accident. But everyone sounded just like me. It was so cool. Despite what you are hearing out there, we do have all those different things. We are testing the market ahead. Last week was one hell of a week. Coming up tonight, campbells soup with the famous raos launch. I love rails. I am learning more about the acquisition. I have the interview. The acquisition of old wagon will become a world power. I am getting information from the company top brass. I know i liked it on paper already. Stay with cramer. Do not miss a second of mad money. Follow jim cramer on twitter. Hashtag mad tweets. Send emails to mad money or give us a call. Miss something . Go to mad money cnbc. Com. fan 1 there ya go thats what im talkin about josh allen is this your plan to watch the game today . hero fan uh, yea. I have to watch my neighbors nfl sunday ticket. josh allen its not your best plan. But you know what is . Myplan from verizon. Switch now and theyll give you nfl sunday ticket from youtubetv, on them. hero fan this plan is amazing josh allen another amazing plan, backing away from here very slowly. fan 1 that was josh allen. fan 2 mmhm. vo for a limited time get nfl sunday ticket from youtubetv on us. A 449 value. Plus, get a free Samsung Galaxy s23. Only on verizon. Bridgett is here. She has no clue that im here. She has no clue whos in the helmet. Are you ready . Im ready alright. Xfinity rewards creates experiences big and small, and onceinalifetime. Campbells soup is buying solo grants. The deal shows that executives are no longer taking it seriously. It is a highquality name and we are one of the two people recommending it. It has pasta sauce, frozen pizza and raos is the ultimate prize. It is fantastic. This is a tomato sauce competitor. This makes sense for campbells. You can get behind. Do not take it for me. The president and ceo. Learning more about what it means and to talk about raos. Jim, great to be with you. We clicked on the first seven articles. All seven articles say that raos is the best. Is that why you are raos now . We are very excited about that fact. It is a tremendous complement to our business and this just adds another accelerator as part of the transportation that weve been taking over the next several years. One of the things that i loved about it, this is real. This is not just another pasta sauce. I tell you what, jim. Hand on the ground in italy last week, with a partner there and this tremendous family operation with these fantastic tomatoes coming off the hillsides of pompeii and turning it into what i would describe as a truly unique and differentiated sauce. Those trying to copy a, i understand why that is impossible to do. It is prepared in such a way where brings technology and scale with a touch of moms kitchen that we love to see. It is so special. That is why we love it. Anybody who thinks they are going to touch the sauce, no. Where excited with what we will do there. Im very excited. Super brands just like pacific, these are brands that are premium, you can charge more because people love them. I was excited about this here. For me, people said that you pay too much. For me, this is the beginning of this brand that people do not know. That was really the major part of the thesis of this acquisition. The team is just done a fantastic job. Fantastic job and they have done a great job with this business. One thing i would say is that they have done a great job of building distribution. If you look at the skus at this portfolio, there is 20 difference in distribution. Before there is any new innovation or new items, there is distribution items that we will continue to drive. This business is about 14 of household penetration. The premium brand benchmark is about 20 . It is a Great Foundation for what we do really well, doing the awareness and building the household penetration is the great way to grow. Finally, as you mentioned, they have done a really thoughtful and methodical approach to innovation in the categories they have expanded in. Closing pizza and a dry pasta and soup, those are products that are differentiated you may have just gotten started. The ability for us to drive this one way forward goes well beyond where we were today. We thought about the valuation and how to build the model that we felt so good about. If this is not the Fastest Growing of Premium Brands in the supermarket . To me, this is the best growth story and food. When you look at our portfolio, we talked about this, arguably, the best growth point of stacking that there is. What weve been able to do with the combination of the partridge farm businesses. This is a juggernaut. Significant growth and margin expansion. Now you bring the meals and beverage business. It really solidifies our position as one of the most compelling stories of the dependable growth driven earnings for the future. That is why we are so excited. Eggplant parmesan, zucchini, people love this, it can be a blowup brand. It is a unique proposition. It is number one preferred by family. It brings differentiated individual and family meals there. It is a premium product, authentic italian. When you have the superpremium raos portfolio, it gives you a presence and it is in the freezer case. Absolutely. What a great buy. Everyone in the office is always eating raos. We like it. I cannot believe the stock was down. I love that, jim. Thank you very much for having me today. Mad money is back after the break. Coming up, cramer tries to see the women with an h2o tech play. Lets see the winner. Will work when you hear about the winners from Infrastructure Spending there is 55 billion worth of water. And there is a huge industrial spend on water. Some of the water stocks have been roaring. Others have been behind the dollar. With treatment and testing equipment, it makes for a terrific quarter. Imagine if they raised it dramatically. Over the last couple days. What is going on here . We will learn more what is going on. Welcome to mad money. You have what i would regard as the story that are younger viewers want. A company that knows everything about how to keep ater clean and make it clean because water is a precious commodity. Thank you for having me, jim. I am obviously biased because i love the story and i love the momentum going around the world. We have been around for about 12 years now. We were a pump company now to treatment, ai, Machine Learning, there are three main challenges facing the world. The fact that it is expected by 2050 that the water supply will be out by 40 . Secondly, climate change. 200 Million People will be displaced due to national disasters. How do we have the world address that a more affordable ways like ai and other Machine Learning opportunities. You have examples of cities that have taken you in. The amount of money they are saving is rather short. The city is not wealthy. One of them facing the droughts is things overflowing. South bend is one example. They signed up and he was going to cost them 800 million to put new infrastructure in place to get the storm water overflow. Up the Water Pipeline footprint. They cut that by 25 . Incredible. You made a tremendous acquisition. I thought it was so sensational. It was even better than i thought. Explain to me what this means to you in terms of the accelerated growth . When we look at where was historically, we were very small in utilities. Steady as she goes. When we look at the other 50 going on in the world, what we are really excited about is businesses that now understand the importance of when they operate in the water environments, they need access to water. When it comes to recycling and water reuse, this is a really long leading position. We want to extend our presence. These are forever chemicals. We have a company that does way too much. It seems like there is only one company. We are still in the early stages. The challenges would be to break down the further chemicals onsite. We are encouraged by what we want to get from congress from earlier this year. It is not going to be a light switch that comes on. It depends on how long it comes down to adopt that new legislation. We think that money will really help the flow 2024 and beyond. There are 65 million built into legislation. Younger people are listening. That is by 2050. I think they think that the planet will not make it. Absolutely, im glad you brought it up. One of our biggest focus is right now is to create this amongst youth. To understand that while the challenges are very immense, the technologies exist already today to address these issues in ways that are actually costs negative. It can have a positive turn for the planet. When we hear a 20 million, we do not believe that number. We have seen examples of how adoption of technology can bring that cost down. That is why we have an equipment company. If the younger person wants to watch the planet. There are so many Great Charities and so many issues. There will come with comments like this. Companies that are bringing technology to the field. It is about the data and Machine Learning. They are Energy Efficient and they are affordable. This is not just an issue in the u. S. This is global. You mentioned the stock price. They are a good company. You are doing better things. You sure did very quickly. Thank you. It is not latin for money. But i like it. Coming up, case of the mondays. More coming up when we return. Fly to paris. See the tower. Smaller than you expected. Wait in line. See the mona lisa. Smaller than you expected. Check in. See your room. Bigger than you expected. Join one key, where gold and platinum members get travel perks, like room upgrades. The biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. It still does. What can you do with spy . The economy is actually pretty robust. It has done bad this year because of recession fears. The Renewable Energy kicker. A monster 7 dividend. Yes, prices peaked last summer. It is much better than expected. They were less flat. Whats going on here . He is the president and ceo of ambridge. Welcome back to mad money. Hey, jim. Thanks for having me. I have to tell you, the company, your company, transporting 30 of crude oil. You are canadian by your yield is so out of whack. That is because of the stock flow. What can you do to help shareholders . People do not seem to understand that. If you look at it, since the last chat we have had a great first half and a great second quarter, the Balance Sheet is stronger at the lower end of that range. We have had a main line of seven men on the chief pipeline that have a third of our earnings. It is in great shape. Organic growth in just the last quarter, billion dollars to the pipeline. Continuing to pay that dividend that you talked about, you will see that deal come down as people really manage what is playing all elements of the Energy Sector. The liquid side, the gas side, distribution. It is like paying a great dividend and a growing one. Lets see that i wanted to see if they have large carriers of oil, is there a way to get the very large crude to other areas . That is you. That is a Swiss Army Knife back there. They lose 25 or so of the oil that is exported every day. That is coming out of the pipelines from the premium. We have the last six months. They hit records for the quarter. It is really a great set up to provide continued growth. And the investors at the same time. I wanted to ask you about ammonia . This deal is very important. The ammonia that people used to clean their houses. It is important. Tell us why it is so important. It is a transition fuel if you will. It is part of the new Energy Technology used for fueling. A critical component in the fertilizer business. I can assure people that ammonia is connected to that industry. Critical from the natural gas perspective. You have to be able to export it. This really allows that opportunity. It leads to really connected investments. It is really a great set up there, jim. Totally agree. A lot of companies have failed. We have been added a long time. Most people think that we are a pipeline company, we have been in the renewable business for about 20 years. We are in five countries. The United States, germany, france, the uk. We have great partners. We have really done a great job of building it up and getting to the right spot. Renewables offshore are high. We are on shore. When it turns down a little bit, that is where we are investing. It creates the Investment Opportunity for us. In a gray offset for the rest of the business. We want all of these energy sources. Energy demand is not going down. It is going up around the world. In north america we want to be out of it and that is what we are doing every day. Lots of people talk about fossil fuels, i am do not want anything to do with them. Natural gas is the rest. It is not just a story. It is an operation story. You are everywhere. Yeah, frankly in your neck of the woods, the folks from the northeast in the United States pay some of the most expensive prices. There is only one reason for that. They need infrastructure. More infrastructure is needed. You cannot have renewables without natural gas. Gas is the failsafe protector for that. If you have parts of the infrastructure value chain, that can create a lot of value. That continues to attract an evaluation for us. We have covered renewables and the natural gas. Most importantly for the viewers is page 10 in the deck. You have the utilities that we have earmarked 4 . We have the same kind of cash flow. It is 7 to do quite well. Yeah, it is a pretty incredible valuation. The mainline oil pipeline, where are we . That and incentivize us to ship more. And use the ability for that utility type set up. Weve been doing that for almost three decades. Very few others on the continent can say that. We are proud of that. You are recommending your stock and people have made a lot of money with that dividend. The ceo of ambridge. I love having you on the show. Thank you so much. Mad money is back after the break. Coming up, cramer wants to call you. Your calls on the lightning round, next. Dont cha written by callaway ray, rerecorded by massivemusic camera shutter dont cha wish your phone was fun like this . Dont cha wish your phone was fun like this . Dont cha wish your phone was fun like this . Dont cha wish your phone looked more like this . dont cha wish your phone could flex like this . dont cha wish your phone could fit in here . Dont cha . get a free storage upgrade when you preorder at verizon. Let Innovation Refunds help with your erc tax refund so you can improve your business however you see fit. Rosie used part of her refund to build an outdoor patio. Clink dr. Marshall used part of his refund to give his practice a facelift. Emily used part of her refund to buy. I run a wax museum. Let Innovation Refunds help you get started on your erc tax refund. Stop waiting. Go to innovationrefunds. Com you really got the brows. upbeat music constant contacts advanced automation lets you send the right message at the right time, every time. constant contact. Helping the small stand tall. Lightning round is sponsored by td ameritrade. It is time for the lightning round. Are you ready . Mitchell in texas, mitchell . This is awesome. You are the man, whats happening . Nothing much. Nothing much. Looking at something that does not have all the same problems as Corporate America right now. In the Investment Properties what you think about bc ranch . Lets go to rick. Rick . Great to be on your show. Great to have you. Shouldve been up. The stock is on fire. It is delivering. I will tell you that much. Matthew. A tennessee hello to you, jim. Whats going on . I was listening to the new York Community bank. They have changed their whole way of doing business. They changed it in a positive way. The stock has been very big. I like it here. Lets go to george. Hey, jim. Calling about the Energy Sector in general what are your thoughts . I like it. I got it wrong. I would say in the old days that i am not the call. Lets go to ernie in washington. Hey, i have a question. My sister and i inherited ges stock at whatever it is. Wondering what the best thing to do is. I want you to stick with it. This thing is unbelievable. 75 on the year. Congratulations for a fantastic job. Lets go to wendy. Hopefully eastern pennsylvania. Boo yah jim. Thank you for taking my call. I am a longtime watcher and listener. With the possible merger that happened. What do you think happened . They missed the quarter. I want you to buy that stock. I like this company. Lets go to don in texas. Yes. How are you . Whats happening . I wanted to call and ask about arch aviation. We like finding moneymakers, not money losers. You should get me a tv show. Lets do dan in new jersey. Dan. Hey, jim. Thank you for taking my call. I was on if you tell me about d. O. C. And digital ocean. I do not understand why. I cannot give you the analysis until i figure out what exactly happened. I want to be in the garden with three of my tomato plants. I will come back with a better answer. Jim in oklahoma. Calling from tulsa, oklahoma. 360 million. My question is, with hundreds of people that tell you they enjoy everything you have, i thought about the ipo at 40. I think, is a really good stock. That is okay. I think the stock can go to 60. That is the conclusion of the lightning round. The lightning round is answered by td ameritrade. Coming up, mergers and acrimony. A new case for the ftc. Stay tuned. Telling me a million different ways i should be trading. Look whats up my trade dogs . You should be listening to me. You want to be rich like me . You want to trust me on this one. [inaudible] wow yeah its time to take control of your investing education. Cut through the noise with bestinclass Education Resources that match your preferred style of learning. Learn your way. Not theirs. Td ameritrade. Where smart investors get smarter℠. She is bent on every merger that crosses her path. I thought the approach to regulation was way too aggressive. Now i have to tell you, im done. It is time to go. As if there is no such thing as a positive merger. Usually the ftc block some deals. What others do is that they do not have the mergers by that very nature. When you read this piece that she wrote for the law and policy, the antitrust revolution. Congress is part of a different reality than those in this country. There are the monopolies. They have way too much power. There is almost no competition. They were paranoid and i do not think that. It is untethered from reality. There is a healthy competition out there. There is every merger that they can convince the judge to stop. The federal judge said he was unworthy of consideration. Trying to keep the facebook acquisition. With amazon for having too much coercive power. At least amazon is a huge enterprise. I think they are totally wrong. They are held to a higher trust standard. Blocking all these mergers becomes a massive problem for the economy. This is a very efficient form of capitalism. Case in point, they are having licensed therapeutics. They could use the increased market power for the pharmacy benefit managers. We do not know if this is the strategy. One we lose when they have enough money for the committee. There the other particular types of doubt. There are the resources to make them aware. There are migrated drugs for this years. They are to promote awareness. Nothing can happen if they do not merge. There is also new Drug Research from verizon. Stopping this merger is denying patients the opportunity. Every industry is run and every merger makes it more powerful. I suspect she will lose most of her cases. It is time for her to move on. The ftc is causing real damage. This is the roughshod over. It must be crushing. She has had her shot for a more reasonable person. I like to say that there is always a reasonable market somewhere. Coming up on mad money. I am jim cramer. Last call starts now. Demand for this type of car is soaring. We will tell you what it is. The new privacy issue around the Video Software you have got to hear. The most random and interesting stat on home prices you will hear all day. Good news and bad news at the same time. Better up, we are making a baseball play with the