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tv   Mad Money  CNBC  February 5, 2024 6:00pm-7:00pm EST

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guy? >> the b in bicep, tim played the game correctly, alibaba. >> thank you for my mission is simple. to make you money. i'm here to level the playing field for all investors. it's always a bull market somewhere, and i promise to help you find it. mad money starts now. hey, i'm cramer. welcome to mad money. welcome to cramerica. you try to make friends, trying to make a little money. my job is not just to educate you, but -- on the one hand, the consumer has no problem buying a 4500 dollar vision pro from apple. on the other hand, the consumer can't afford a big mac with verizon a coat from mcdonald's.
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on one, tampa consumers willing to shell out -- for the final version of the tortured poets department by taylor swift. but, the consumer is also struggling to pay $1.25, the core price tag of something bought at dollar tree. how is it possible? and how does it impact our markets in the daily today with the dow lost two point 47 points, has declined 3.2%, nasdaq dipped -- although after tell you, around 10:30, we were dealing with so much more. answer, tranquil, is pretty stark. it's not the consumer. there are two consumers in this country. there's a consumer spending a fortune for the extremely -- and this is the extreme -- can't afford to go out because prices have gone up too much. it's like we do have countries here. that's how stark these divisions really are. the wealthy consumer isn't struggling, and the -- remains under pressure. we know that inflation remains a problem. inflation is a problem that's not gonna cut anytime soon. -- cbs 60 minutes.
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so, -- there's this difficult reverberation in the bottom market that causes lower term rates to go higher. making everything even more expensive for those who have little money. with that really impacting the wealthy. in other words, it doesn't help the -- but if the fed cuts rates and inflation comes back, it's even worse for the consumer. we consumers and, at least one of the two consumers. it all comes down to statistics. we've got the hourly earnings from the labor department, payroll report, we just dropped 4.5% year on year. that was more than expected. robust? robust against wrangled -- the combination of higher wages with 353,000 new jobs added. -- furiously dumping bombs, something that set them down in price -- now consider the weaker earnings numbers that we got today from mcdonald's. the one that caused this study reliable company stock to plummet at $11 at 3.3%. , some of that is about the
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business taking hits from protests related to mcdonald's, because one of their franchises in israel offered a discount for israeli soldiers. not popular in some parts of the world. but there's something else going on to. something that's indicative of the two consumer country that i'm talking about. the terrific ceo of mcdonald's, chris jones can ski -- affordability. you don't hear that in mcdonald's. and the trading is down even at mcdonald's. the companies put through mid to high single digit price inflations -- transactions reductions to. think about. when people are trading down from mcdonald's of all places, you know times are rough for that one consumer. let me just -- it's easy. wages are up 4.5%, the prices are up more than that for many items. so mcdonald's customers are driven to lower face items or even cheaper places to eat, like the home. listen to what chris has to say. quote, where you see the pressure with the u.s. consumer is the low income consumers.
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$45,000 an, that consumer has pressure. german industry standpoint, we actually saw that cohort decrease and the most recent quarter, particular, i think, as eating at home has become more affordable. there's been much less pricing that's been taken more recently on packaged food. so you're seeing that eating at home it's becoming more affordable, and quote. tough for the fast food out value, proposition is good for lower priced supermarkets. dollar tree talks about it all the time. there's another -- declining economy. but their customers -- dollar tree said that lower income shoppers are really hurting, and i'm going to their stories to find bargains, but on a conference call, the ceo said, and this one blew me away, in the last 12 months we've added 4.3 million new customers ideology. 12.3 million more customers that -- most of these new customers have household incomes of $125,000.
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and quote. wow. $125, 000, and going to dollar tree. again, you've got to consumers here. you've got the strap, even goes up to 1:25, and the non strap. did you know that people who are earning $125,000 a year are feeling strapped in the country? that's a sure sign that prices are still out of control, and inflation, it's going in the right direction, isn't going fast or hard enough. -- there are two winners. there are walmart, and there is costco. once the nation's largest -- 37 million people out there every day. -- for the trade down is most evident. i don't pretend to have to pull some prices from these stories, when i got my crosscourt my walmart, i am indeed stunned at the rollbacks and the lack of higher prices that i'm now seeing getting quite used to in larger grocery stores that i go to. i, mean i can see what the ceo of mcdonald's means when he says, the people are staying at home. these are the places, costco and walmart, that are holding the line against all of their supplies. the trying to get better prices
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for you. but what about that 34 99 taylor swift vinyl? -- that's the other country. those that are doing very well, and everything seems affordable. the ones buying the vision pro aren't cash grabs, especially when they buy this thing using an apple cried. -- 3% cash back up front on the full cost. applicant shards that much to plenty of buyers, because lots of people have jobs, and judging by the labor report, can get better ones of the need to. we can get a second one if they need to. i think the malian apples dot going up almost two blocks -- the vision pro might be worth it. taylor swift? some would say she is indispensable. i would say a vinyl swiftie fan, or a cd or cassette fan, yeah, she's bringing them back in much higher prices than digital. it's part of the not streptococci. the part that can take advantage of the plentiful job market, earn more money without much of a problem. for these people, and actually means they can earn more on their savings account.
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-- more spending power. these are the people who can go to chilies and not blast at a 15 dollar -- 13 smucker's. i love a good market, when it came to charging that -- no, whenever taking it that i. judging by the humongous numbers we got from drinkers, the parent company, there are plenty of customers who don't mind, now, who love paying those prices. all right, let's really good tale of two cities. american express talked about 11% increase in buying out even as mcdonald's talked about trading down, which brings us all the way back to the concept of the two consumers. this consumer that -- isn't wary about, the ones that can handle the ears of rampant inflation we've had since 2019, and this is the consumer that jay powell is worried about, that's the one who hasn't seen his or her wages increase as much as inflation. how doesn't want to burn down the economy in order to stave. -- he's trying to keep prices from going higher for the lower income people. and if the upper and middle tier want to share in those lower prices, or by the final
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tortured poets department, while rotten! won't be able to sort everything through, as mcdonald's -- $1 pricing, or make the higher prices that it charges for a whole bunch of things now. neither can pull that off without sacrificing -- earnings in their stocks. but what i would say is that they need to look at, because while the fed can crash many kinds of inflation, real inflation that matters to everyday consumers, the cost of gasoline, the price of food, that's not something that they can control. -- in charge of keeping oil down while the united states costco and walmart make food affordable for those who can't afford the double big mac, let alone the cramer wendy's double bacon nadler. -- they're not hurting yet. not right now, at least. in the main time -- until you understand that, nothing in this smart whole makes sense at all. let alone the inequality that comes with it. let's go to run in california. ron. >> hey, jim. -- nicest people i've spoken with. >> yeah, man, what's up? >> i loaded up on shares in
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this company in the last four months. -- top and bottom lane last week -- 12%. it also lays dividends -- one and a half billion dollar buyback for 4% of its stock and a couple -- percent, return after that. [inaudible] >> well, there is a short bridge. i cannot in good faith recommend the stop. that really was 396 in october, it's now 6:45. i couldn't good conscience recommend the stock -- 600. so i'm gonna be price sensitive and suggesting that that's what you do. let's go to finally new york. the final. >> booyah,? >> you have. game i like. you it's monday, it's, late everyone's looking down, i'm ready to roll. >> so this company i'm talking about is top and bottom line --
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this a lot of secret projects, a lot of top secret projects with the pentagon. department of defense. i am calling about the american giant lockheed martin. where is the stock going with you? >> okay, at 3%, i am saying you should by lockheed martin. 3% yield, jim, the stock has been a complete booyah. absolute dog. but you know, take this guy game. i'm a buyer. let's go to robert. robert? >> hello, jim, how you doing? >> i'm doing well today, robert, how are you? >> great. so my question is, your take, and you are idea on pharmaceutical category bristol- myers squibb. i seem to be catching the following -- >> year, i think it can't -- they do have these lost of exclusivity situation. a lot of the big drugs. i think it's a five year plan to turn around the company. it's gonna take patience, and you can be paid that 5% yield
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while you wait. i prefer, i know it's old hat by now, but i still like eli milley. right now, we've got -- you don't know about it until you dig down into the conference calls. you have to understand that it's impacting the companies you own. it's impacting the stock market in general, the bounce, the federal reserve, everywhere. just think of it as mcdonald's forces taylor swift. last week's big earnings report -- sciences space. i'm not sure where -- one of the incredible -- spotted an opportunity and a cloud that everybody -- a company that could have 60% upside. you don't wanna miss this one. -- doing my homework, you know, i like it. so stay with cramer.
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last week was the busiest week of ending season with hundreds of companies reporting nearly a fifth of the s&p 500. -- it's impossible to cover everything that matters, so tonight, circling back to one of the themes i noticed this week. the resurgence of the life science tools and instrument makers. so the ones when you think about cramer -- our thermo fisher scientific. the scripts have prolonged downtown for the last five years. -- they were just on fire during the early portion of the
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covid area. part of that is because the diagnostics business is booming when there was mass testing at the height of the pandemic, and partly because their arms dealers to the farmer and biotech -- racing to develop vaccines for covid. at the same, time there was an ipo boone, -- 2021 alone. that included 104 biotech companies, which rink at two engine -- wind by takes vegas money? what do they do? -- then the whole industry seem to freeze. the covid related business quickly dried up as the pandemic faded away from very fast, and discuss where suddenly up against very different colt year over year comparisons. -- fewer biotech start-up side the cash to buy equipment, and some of them couldn't raise any more money to buy equipment. not all lead to major problems. one i totally didn't see coming. -- for life sciences equipment, basically during the life sciences boom, -- we saw this in other industries during the
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pandemic. -- but it wasn't something i anticipated, and they usually stay in the life sciences space. so that's what had been going on. and all we could do was wait for the gullet and. this is close to home for me, because we know -- travel trust since early 2022. not gonna lie. it was a tough stop to hope for most of that period. because at the end of the day, they seemed like temporary issues, not long term challenges. so we kept the faith hoping for better days. it has not been easy though. -- i thought we are finally seeing scenes that the gullet was coming to an end. -- later that month, although the resorts for good management top down the next quarter. and he made some comments about this year, 2024, in response to the stop getting crushed. it was terrible. finally, the stocks found their footing along with the rest of the market in late october, when the interface peaked. but it's hard to know if this
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group is truly out of the woods, which is why i was watching really closely when dana her reported its numbers at the end of last year. -- throwing stuff in the office. i was so angry. they did report a strong fourth quarter results with a smaller than expected sales decline, and -- however during the prolongs life sciences down turn, danaher beat the numbers -- saw their stock at campbell. and last, week danaher formally issued some guidance for both the first quarter the -- real disappointing. strictly becoming the -- first quarter organic revenue to be down icicle digits year over year. within the 4.1% decline wall street was looking for. as for the four-year forecast, danaher says it's expecting organic revenue to be down single digits here every year. they're originally expecting a flat number. -- as much as 5%, before training stated.
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and at that point, i will fully lost my ability to judge this company. maybe it was time to give up. fortunately, cooler heads prevailed that very day, and as danaher's -- wins in fact, there was a lot more reason for optimism about the air ahead. -- inflection point in bio processing equipment, but by the time they admit, that the easy money will already have been made in this stock. danaher did say the rest of the world -- side of china, -- these talking process comes to an end. this is the word we should be talking about. destocking is how you work off excess inventory, so wednesday destocking is done, the glut is over. -- which is the amount of business coming in. that's the inflection point. and again, you've got to keep in mind that danaher likes to lowball us for these predictions. are very conservative company. -- admitted that by a processing activity, quote, continues to be strong.
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meaning, inventories are being worked down at a solid pace. basically, well danaher elected not to pin itself down with an aggressive form of diamonds, you can read between the lines and see that management was subtly signaling that things are indeed looking like they're ready to turn, and it's looking like the back half of the year will be meaningfully better. as i told you time and again, you cannot actually wait for the turn to happen. if you want to benefit from the upswing in the stock that you want, you have to be in the stock before the turn happens. which is why on that day, when the market said that the stock was gonna be down 5%, it finished up 4.7%. what a swing. but the way, if you are still worried about the life sciences, baseball you have to do is watch my interview with the move fisher ceo -- that's wednesday night. -- its stock reacted negatively. 4.5% less on wednesday. -- 5.4% of the previous three days. partially in response to the danaher report the day before. during our interview, casper essentially perform --
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explained that -- they unwind excess inventory, end quote, 2024 is the beginning of the recovery here, and quite. he was especially bullish on promotions. which is why you want to be -- as interest rates come down, biotech will have an easier time raising money, bringing more -- four of them were biotech deals, 800 million combined. here it comes, people. i also sinclair -- gigantic investment in gop dash one weight loss drugs. gynecology. gene therapies. stuff that's gonna be helped of course, by yes, generative a.i.. -- desperately needed to fill the holes coming up with their patent expiration, which means more spending on these kinds of equipments. i'm gonna give you the bottom line on the soon to be red-hot -- life science tools, and industry, several painful
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years. in the wilderness, finally seems to be getting ready to turn. and i think you want to own a danaher or eight thermo fisher before the turn really kicks in during the second half of 2024. mad money is back after the break. >> coming up. can a new deal with amazon take this cloud pyelar to new heights? cramer goes off the charts to find out. next. in the u.s. we see millions of cyber threats each year. that rate is increasing as more and more businesses
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now that everybody is realized what i've been sae chance with the help of dan fist patrick, he's the founder of stock predicate -- he pounded the tablwih 24. that's why i had to go back with fits with those kinds of numbers. -- and then again be- another tremendous -- a company called
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mongodb. that's a cloud database software company making projects that are a big hit with businesses running, yes, generative a.i. work loads. that's what -- more than doubled. fitzpatrick is betting that like -- it's got a lot more room to run. -- it's got great numbers, and they recently signed a big deal with amazon that can get the stop more juice. and that's why the stock -- on friday. whereas fitzpatrick put, it mongodb has the side of -- take a look at this weekly check. when fitzpatrick put mongodb at a 25% uptick from where it is, i'll take that any day of the week. i didn't get their? okay, last spring, mongodb rolled higher than july today. it's been mostly trading sideways. so? that doing much, right? it's digesting its -- fitzpatrick likes to measure the depth of the pattern from where it was trading in july
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today. from the lowest of the highest, that's about $110 each. -- 435 to 440. you see the resistance, the black line. and mongodb's right smack in the middle of the zone here. but once it breaks out above 440, it makes what's called a measured move. measured move, white repeats the scale of the previous run. i would take to stop to 5:45 to 5:50. here's our target. you'll notice that mongodb pulled back hard in the summer -- 20 million shares. you see that? normally, a high by at a time like this is at least -- says that the decline has run its course. highly unusual. in fact, the stocks now back above where it was trading before it broke down in december. we need that all that supply at that level has already been absorbed. it's been bought. and these levels have now become a floor of support. this is amazing. usually see a stock going this
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way, big value with -- nice buying opportunity. -- fitzpatrick points that the stock already gave you a high volume break last friday. -- 60% higher. see that? okay? you see the breakout? so it's higher than average. remember -- it is like a polygraph. high volume really means the valley is telling the truth. and it's tongue the truth because it means there's institutional buyout. big institutions never buyout once. -- enough to be meaningful to their portfolios. looking at the last attempt to break through the ceiling -- back in mid december. okay -- mongodb of high volume -- for 20. again, fitzpatrick says that's a sign of institutional buying. and in the big decline we saw -- seven lion's share. this is a big tip. big institutions don't trade, and they don't swing trade. instead they typically like to build big positions.
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-- from mid december tonight, he thinks these have gotten much more positive on ongodb, and they can keep pushing the stock ever higher. definitely that's gonna be -- now the stocks breaking through -- new floor, all right? so we've got the new floor coming. see the black line? and if the big boys like that for 28 december, you think they'll like it when it comes back to that level in february. last, week maga db -- that decline happened on low volume. again, volume is a polygraph in the chat. and that means low volume means shouldn't pay too much attention to the move. you've got to go and look at these, high volume versus low volume, which is the lower one. according to fitzpatrick, one is stock trades sideways, it's a sign of stability. it means -- they're not selling. otherwise, the stock would be getting hit a lot harder on bad days with much higher volume. so mongodb broke out through
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the outside on friday. and that's what you're looking at right here. fitzpatrick says that move helps us a great deal. for example, it tells us that the stock is saved by on weekdays, plus mongodb doesn't report for another month. so there's plenty of time for the stock to consolidate. in other words, i think this is a very strong business. and a big fan of mongodb ceo. he is just dynamite. my other concern with this top is that it had so much -- for staff of last year. but fitzpatrick makes it very clear that mongodb, it could be getting ready -- to not be dissuaded that you missed this. this is been a case, by the, way with a lot of -- super micro. he saying, no. not too late. here's the bottom line. -- dan fitzpatrick says mongodb could have a lot of room to run. i'd rather bet with him than against him on this one, because he's been knocking it out of the park with the super micro, and with the inventor. this could be next. let's get calls.
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i want to talk to earl in virginia. earl. >> yes. the high, cramer, mesa view to take my call. i have some concerns about qualcomm. i noticed last week that they had a bad day, i'm just wondering if they were in the a.i., or how are they competing on the marketplace? >> that's a great question. and by the, way the stock was down very badly on friday, and that's because it's mostly myself and play. they throw it on auto play, but the much myself. and we know from apple that cell phones are a little bit weaker. i would say this. i think they're better fish to fry and the category. it's not an expensive stock, though, but i would urge you to take a hard look at nvidia still, believe it or not. broadcom, or amd. all of which i like more than i like qualcomm. i was gonna marry an idaho,
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mary. >> good evening, cramer, from beautiful downtown idaho, where it's 52 degrees and partly cloudy. i want to thank you for all the knowledge you have shared an information you have given us. and for me personally, for the insight on a cmi and picard. my question is, i need to sell some stock to raise some cash, and i'm stuck between two stocks. is there a formula, or a quick and dirty way to determine which one is the better one to sell, or if i should sell them both? i like your recommendation. and the two stocks i'm caught between our ibm and next time. >> okay. this is a great question. a lot of people -- first of all, thank you for the comments. a lot of people faced these dilemmas. what i'm gonna do is i'm gonna say that the industry that -- next time media is incredibly challenged, and not doing that well. the industry that ibm isn't is
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very good, and i beams quarter was excellent. i think ibm is a keeper, and i'm not so sure about next time medium. all right, the charts, as interpreted biden fitzpatrick, point to mongodb having a lot more room. hey, is that the next one? when that be something? and given fitzpatrick's track record, i'd rather bet with them done against them. i think you degree after the last year. looking for a stop and potential to carry high risk, high roared? -- i don't even know when you called in. but i've since done the work, and i am ready to how my thesis. a soft landing, a hard anding, or no landing at all? i'm showing the latest on the fed's next move, and where i think you should be looking to park money. first, more of your calls. today's addition with the lightning round. so stay with cramer.
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january 25th, i got a call from diana, who asked about a red hot biotech play called acts some. a x s o m e, therapeutics. -- central nervous system diseases and those are very, very hard to treat. for the most part, most companies have very limited success even attempting to try something for central nervous. but if you don't, i think this might actually work as a high risk, high reward speculative -- kind of stop you can take a chance on as long as you're playing with what it described as only money that you can afford to lose. see, axsome that's got two drugs on the market. the main formulation, odell 80, is a depression treatment let's basically a combination of well
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beaten -- getting there was a long difficult process. they got another drag on the market that's for excessive daytime sleepiness caused by disruptive sleep apnea or narcolepsy. they bought this one from jazz pharma couple years ago. but if you're thinking about buying axsome right here, it's all about what they've got in the pipeline. the league depression drug also happens to be in trials for alzheimer's disease agitation. it's got -- fda. very important. it's also an early stage trials for smoking cessation. axsome's either drug is advanced trials for adhd, binge eating disorder, and shift work disorder. that's what they call it when you have trouble sleeping because he worked odd hours. -- an excess lash 07 which is being used as a migraine drug. -- issues with its chemistry, manufacture, and controls. they didn't rejected because of the drug safety or efficacy
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profile. the same time, axsome says those other issues for fixable. i believe them, because the same thing happened with the antidepressant. -- re-submit this drug for approval and first part of the. axsome has a pipeline access -- fibromyalgia, that's the sort of tissue disorder, and -- designation from the fda. no, look i said the stock has been hot recently, coming more than 50% from where it was november. why? first of all, biotech -- last year. when interest rates peaked and -- that position of horizon therapeutics with minimal extensions. but was just the gun going off. ever since then, wall street's been willing to bet on biotech corporations again. it didn't hurt when bristol- myers squibb by -- 14 billion. remember, we had -- i liked what i heard. at the same, time in recent months, to analysts initiated
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coverage of this look when the virus equivalent in early december -- hundred 25,000 dollar price tag, and also naming axsome a topic for 2024, saying it could possibly triple if everything goes right. triple! since then, it's already run from 70 to 91, but that's not a triple. more recently, january 25th, -- i perform rating at 126-dollar price target. citing the confirmation of -- solid cash flows from the acquired -- underappreciated pipeline optionality, and, of which made axsome unattractive mid cap biotech. -- axsome issued a corporate business update where it pre- announced some impressive fourth quarter sales result for two drugs on the market. at least a list of anticipated milestones -- but we're very positive. -- the approximately 100 million sales last year, including 49 million in the fourth quarter alone, while the
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other drug had 4 million revenues last year including 42 million in the fourth quarter. -- also doing better than expected. after a list of anticipated milestones this year,, well it's extensive. axsome says it's expected to submit its new drug application -- and we should also expect a new drug application for the fibromyalgia drag in this quarter. fibromyalgia, very tough disease to crack. on top of that, axsome expects top line results from's three separate phase three trials this year for its narcolepsy, alzheimer's disease agitation, and adhd drug respectively. finally, the company plans to initiate late stage clinical trials. it really doing stuff. i could pick at -- i wouldn't be inclined to bet on this one if this whole story was just a potential migraine treatment that's already been rejected by the fda. -- i know that there are now many good drugs on the market, many more than there were just a few years ago. it's become a crowded field.
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not that lucrative. i also -- alzheimer's disease is incredibly difficult to crack in any way, shape or form. i want to bet on a company that's wholly dependent on a single alzheimer's drug. -- develop both of its commercial stage drugs, not acquired one of them, although they deserve some credit for -- impressed with what i see here. i like that -- better than anticipated. and the can binney has -- fun the development of the rest of the pipeline. on top of that, i like that axsome as what we call shots on goal, meaning realistic chances of success with multiple play plane candidates. one drug wincing them. even if they're successful with most of the drugs, not necessarily all of them, the company should be more valuable in the future than it is today, especially when they're pursuing large and markets. axsome could also make a large takeover target. i would recommend stocks on that, but in a world where something like karuna therapeutics is worth 42 billion dollars,, i remember, most big pharma outfits are
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desperate to make acquisitions. -- i hate to recommend a stock that's been so much, but with so many potential catalysts ahead for axsome, i want to tell you that you have to wait for major pullback -- pretty darn good. so i know i'm gonna touch late, it's no doubt about that. -- if the stock does come back for some non axsome specific reason, like -- you can add to it. bottom line, i stand by what we said with diana on the phone. the central nervous system space is really difficult. by seeing things going on here with axsome -- high risk, high reward speculative but in what some may call a really good market for biotech. mad money is back after the break. >> coming up, pop up in those umbrellas, empty appeared toughest questions. cramer takes on all comers in that lightning round. next.
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aren't what they're cracked up to be, try one where you know what you'll get. fresh, warm hot dogs! when i'm not selling hot dogs, i invest in a fund that advances innovations like robotics. fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh, you're a messy one. cool, right? so cool. anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations.
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hot dogs! fresh, warm hot dogs! before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. lightning round is sponsored by charles schwab. trade brilliantly. ♪ ♪ ♪ >> it is time. it's time for the lightning round. -- by the sound. and then the lightning round is over. are you ready? -- lightning round, let's start with andrew. tonight, let's get enter. >> a, jim. just wanted to say thank you to you and your team for everything that you do. >> very kind. >> i -- just wanted to now -- talk more about investing in their data center. >> tell you the truth, i should've asked them.
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we've been buying them for the travel trust which is our favorite in the cbc investing club. -- let's see if we can get -- similar businesses. i've been trying to get the whole shooting that year. let's go to tabs, from indiana. >> hey. given the butter or innings from last quarter, how do you think about stock iep? >> i have no idea what it really owns. i would not remain -- recommend stocks when i don't know what they really own. let's go to joe in ohio. joe. >> jim, big booyah? are you doing? >> doing well, how about you? >> good, can't complain. your opinion, please. nixon produce. trading symbol a b o. >> -- omission. i have to check it out. probably we'll talk about avocado prices -- that's what i know. this one is new to me. go to david in new york.
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david. >> booyah,, jim how are you? >> i'm good. i'm looking forward to working with you tomorrow at nine. unless you not david faber, and i don't. >> like your opinion on -- short term, long term? >> these guys have got to make money, and there's nowhere in -- i don't see any way shape or form that they're gonna be making any money. i'm gonna have to hold off on this one. let's go to gave. >> hey, jim. good evening. we've got a good michigan -- for you. >> what's up? >> when watching a here for a few months thinking about buying throughout the year, i've been watching. this uncertainty tied up here in the court system, but after positive earnings and outlook in the pipeline, what are your thoughts on jfk? >> i think gsk's going even higher than it is right now. i think it's been a terrific winner of late. and the ceo has been doing a great job. i'm a believer in gsk.
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i'm a believer. let's go to trey in texas. trey? >> jim, my wife was cooking hot dogs last night, chicken and pork. she asked if i thought they'd be goodwin bypassed desperation. i told her they were never good to begin with, as i only eat all beef, and jim, i only -- one plate. that's a lot of revenue behind a lot of dogs. should we buy that -- >> costco, we had about 50 hotdog yesterday. listen, -- the cfo just quit. and i've got to find out what the heck is going on. the cfo was really good. it just happened. so we're gonna hold off right now for kroger. let's go to michael in new jersey. michael? >>, jim, a big booyah to you. >> oh, i remember -- we came, in my kids were 14, about every one of the kids for 16. i challenge them. that was the end of my coaching career. what's up? >> greatest under the radar stocks. barely mentioned. 294 consecutive quarterly
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dividends, and 67 fiscal years of increased dividends, and that of course, is arthur hannah. >> what a company. what a company. unbelievable. they used to come on in the first couple years of the show, and it was just blow away. and then, they kind of went my way. i think ph is a remarkable company. let's go to david in california. david. >> yeah, i jumbo! are you doing? >> good, how are you? >> rising waters here in california. >> yeah, that's tough, i hope everyone got okay out there, while. how can i help? >> i'm looking at big sea -- pandemic time, it was really priced high, and now it has just been study a little below ten, right around nine. what are your thoughts? >> we've got amazon. -- where amazon people. where prime amazon people. let's go to brandon new jersey. brandon? >> hi, cramer. nice to talk to again.
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>> you betcha. >> i have a question on a shipping company, headquartered in greece. you know i feel like shipping rates have been going higher recently. >> right. >> i was curious about your thoughts on the mayors. >> they're all trading together. you know, i had to think about -- remember. these are trades. these are always trades. and, that ladies and gentlemen, is the lightning round. >> that lightning round is sponsored by charles schwab. coming up, rates have put a sparkle on some risky investments. but can you afford to miss the markets hottest opportunities? cramer prices powell's latest next.
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-- jp alan 60 minutes, some decide myself, well, my job just got even harder. and what is actually is my job right now? at least as i perceive it, -- when it into some of the stocks that we've overweighted in the travel trust. we talk about it every day at our morning meetings. i read about it constantly, and helps nbc investing club members know what they own. -- the economy of hadn't lending versus soft landing is being replaced by no landing. as we back to reality. the reality we live that for so many years before the great recession. -- they're at a level where the
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economy can still grow jobs, but still has some inflation. as -- longer term interest rates like those of mortgages are credit cards are card payments are still going up after friday's -- report for the labor department. -- when it would the fed cut short rates when the inflation could still flare-up daily when we keep getting strong employment numbers like we got on friday? so why does the situation -- will nine why not tell everybody to park their money and collect that cool 5%? because it's highly doubtful that the fed's next move is to raise rates, although if we get another labor report like we had last week, i might still commit here in start pushing for another tidy. but the fed didn't leave that door open. now we have two ways to win in. the stock market. if the economy keeps coming and earnings remains strong, sending stocks, app or the economy slows down -- and the stock market goes up. either option, there's gonna be more money made in the stock market and you think, just why from 1981 on, i've sung the
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praises of these kinds of exquisite faces in the business cycle, when the fed is done and rate cuts are ahead of us had some indeterminate point in the future. of course, there's always gonna be risk to buy stocks. but right now, a crucial risk is giving up on some of those one or two-year risk free cds that renew that 5% for something a little more risky like stocks. -- stop are reckless option. -- cutting its rates, and then they start by. by then, it will be too late. when you don't get -- -- and if you own a meta platform or an amazon nvidia, you know that 5% you got that cd is that kind of thing that a great stock can give you in a week or even a day. i have no illusions. some of you will come off the side lines for a small percentage, perfect -- and i hear that. but i'm beginning to believe that the biggest money will be made between this period, with offense holding back, in the moment where we get the first
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rate. so i've got to redouble my efforts to say, look, for stocks -- in other words, right now, if i'm, right you can be kicking yourself if you insist and parking all of your -- find some room for some stocks, please. and i do not think you will regret it. as always, the markets right now last call, a $10 trillion tab for a tidal wave of you instead about to hit the market. is a major shakeup of the tesla board the answer? drug king eli lilly preparing a big update in the battle over weight loss drugs. we will get a special look at what he is likely planning next. and has meta and the rest the social media become o

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