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tv   Mad Money  CNBC  February 22, 2012 11:00pm-12:00am EST

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pradaxa is progress. if you have afib not caused by a heart valve problem, ask your doctor if you can reduce your risk of stroke with pradaxa. i'm jim cramer, and welcome to my world. you need to get in the game! firms are going to go out of business and he's nuts, they're nuts, they know nothing. i like to say there is a bull market somewhere. "mad money, " you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i just want to help you make some money. my job isn't just to entertain, but coach you to deal with the market. call me, 1-800-743-cnbc. i handed the guy 75 bucks at the pump and it wasn't enough, $7 short? it dawned on me. i just paid exon more than i ever remember paying them any time in my life. people all over the nation are
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having that same realization. that they paid more for gas than they are used to. so far, bizarrely, it hasn't impacted the stock market. dow down at one point today 51 points. dow closing 51 points. s & p dipping .3%. nasdaq declining .52% and still on track for the best first two months since '91. still up. the $82 question, which is the price i had to pay to fill up my 2006 suv, which i mistakenly called svu on "squawk on the street," this morning, is how the heck aren't we much lower in the stock market, given the darn gas prices? why hasn't gasoline, sell, sell, sell, led to a huge wave of selling? why haven't people stopped their spending the way they did when gas prices spiked in 2008, where the consumer got rocked and decided to skip olive garden and red lobster?
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seafood not loving. there are two ways to answer this question. the first, it just hasn't hit us yet. the consumers only just feeling the pinch. and hasn't stopped spending. this is what i call the wyle e. coyote principle. the consumer is over the cliff and doesn't realize it yet. this is the yet answer, as in you just wait, we haven't seen or felt the pain yet. that that's about to happen. here is the end of the block, the cul-de-sac. now, it would be very easy for me to come out here tonight and feed you the yet version of the story. the economy does roll over because of higher gas prices, i will be hailed as a genius. and look so smart that my head will swell to an even bigger size. definitely won't fit me. but if the economy doesn't collapse, i can simply keep
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saying, you ain't seen nothing yet. and nobody will call me out on that fact, right? no one will say i'm wrong. that's the great thing about being a bear. such a great thing. i mean, consider this morning when i watched meredith whitney on "squawk box." whitney, if you aren't aware, called the bottom in the municipal bond market, but not in the way you want to call. she shouted from the rafters, from the rooftops, that there will be a huge slew of municipal defaults and scared hundreds of thousands of people into selling these bonds. the exact opposite happened. they turned out to be the place to be. she created the greatest municipal bond buying opportunity of our lifetime. she said you ain't seen nothing yet. at one point you have to say you ain't seen nothing yet, because there is nothing to see. the answer for permanent bears seems to be never. the safest answer i can give you is the whitney answer, the market is being incredibly stupid and we can't feel the
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impact yet. that would be easy for me and i get to wear the 12-gallon hat that i'm going to have to get. i'm stuck with the reality. and the reality is if gasoline is killing us, the absolute wrong stocks are going higher right now. nike breaking out here. do we need $150 sneakers? i have guys who would pay $500 for the jeremy lin sneaker. do we need a north face coat? and anti stink pants at lulu lemon? you could do just fine with radio shack in a pinch. but same with harley davidson. you could do without a new harley. how about this one, urban outfitters? ever been to one of their stores?
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you know you can skip all three if you are feeling crimped at the pump, funny looking sunglasses, expensive t-shirts, funny looking sunglasses. these aren't imperative if you don't have a lot of change left after filling up. and apple, iphone, ipad, they're not cheap either. let me give you five reasons why the extortion price at the pump hasn't impacted us and it might not until gas goes appreciably higher. all of these discretionary spending stocks are going up, and they should be going down. people betting against them are getting crushed. so far in 2012, markets have an unbelievable start, that does not jive with the gasoline-induced slowdown that everyone tells she happening. first, the economy is really growing here and that means there is hiring going on. last time we had gasoline going up this high, we had a housing crash and a credit crunch to
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deal with. a good economy going bad. now it's a bad going to good economy, and growth, and its attendant hiring can conquer almost anything. second, this time around, interest rates are so low, out of pocket debt expenses are appreciably lower than the last time we scaled the $4 gasoline wall. something that ben bernanke knew would reignite the company. third, gasoline isn't our only energy bill, and the heating bill is down huge from last year. courtesy of warmer weather and the total and complete collapse of natural gas, which is the way homes are heated, 63% of them. lots of companies are ready this time around for higher energy costs, much more than they were before. many actually do better when oil goes higher, and consider the ones we talk about all the time. honeywell benefits greatly, so does eaton, one of them in my charitable trust. all of these companies, you
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bring them to conserve your power, cut your energy bill. buy new planes from boeing because they are fuel efficient. and buy new cars from gm, ford, and chrysler, because they use less gasoline and we are more biased against higher oil prices, courtesy of the unacknowledged discoveries we have. how many people know where eagle ford is? i talked to someone, and he's like, oh, yeah, northern pennsylvania. texas. bakken. anybody know where that is? north dakota. everyone knows prudhoe bay and these are both bigger. oil companies are hiring hundreds of thousands of people to get crude out of the ground. stocks like clean harbors or eog, continental resources, schlumberger, back to where it was in 2008. these are marching to the same oil tune.
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finally, the consumer herself. she ain't stupid. pretty much saw it coming. first time gas goes to 4 bucks, you freak out. second time, you aren't freaked out, maybe angry. you don't trade down to walmart or dollar tree or perrigo. those stocks are acting terribly. bottom line, i'm not saying just wait, because pain at the pump hasn't happened yet, i'm saying we can adjust because things are better this time around and we're more prepared for an energy crisis. and if israel and the united states attacks iran, all bets are off. discretionary stocks go higher because business is getting better, and, yes, i'm an optimist and that can mask of pain of handing $75 to the guy at exxon and finding out you're 7 bucks shy.
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tom. you're up. >> caller: booyah to you, mr. cramer. today, existing home sales went up 4.3% month to month. would now be a good time to reinvest with usg? >> i would rather be in berkshire hathaway. you have a lot of stuff going for you and stock is not doing anything, and right into the warren buffett letter. by the way, he is on "squawk box" on monday. probably good things happening there if he is going to spend all morning on "squawk" and the letter coming out. maybe that's the better play. he's got lots of housing. eric in new york. >> caller: big new york booyah. love your show. >> thank you. what's going on? >> my question is about alcoa, symbol aa. i picked up the stock last week, when it pulled back on thursday. with the report released about a manufacturing slowdown in china and alcoa signing a joint
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venture deal with a chinese partner, how will this affect prices in general and where is alcoa headed? >> aluminum prices still not going up, and very challenging circumstances. a couple metals are really challenged, and aluminum is not going higher. be careful with alcoa. not having the breakout quarter i have been waiting for. frank in maryland, please. frank. >> caller: hi there, dean cramer, cramer's college of investor knowledge. >> i got tenure. i have to do a lot of fund-raising, that's the problem. i just want to teach. they keep making me make phone calls. what's up? >> caller: i'm interested in lululemon athletica. closed today at $65. and great earnings and projected even better and stronger. but there are some people who think it won't hold up. what is your take on the future?
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>> i was up in boston, on newbury and they were just opening a darn lulu lemon. you have a lot of room to expand. another one of those stocks that's in the sweet spot right now. people are willing to pay a lot of money for that kind of clothing and they pay a lot of money for nike and dick's and pay a lot of money for under armour. i think the stock works, best way to put it. pain at the pump? our economy is stronger now than it was then, and while i can come out and say you ain't seen nothing bad yet, right now, it's still pretty good and i think that's because we have genuine growth in this country and as long as we have it, it will trump what's going on with the pump. "mad money" will be right back. wanna know the difference between a trader and an elite trader?
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oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business.
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sometimes the most boring sounding events can clue you in to some of the most exciting growth stocks out there. take the health information management system society, or hims, annual conference, going on in las vegas this week. sounds like a real snooze fest, right? uh-uh. wrong. this conference is plenty exciting if you care about making money. it's all about the shift to
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electronic medical records, making healthcare information technology vendors one of the hottest vendors in the whole health care complex. it goes back to the stimulus package of 2009. love it or hate it, most of the stimulus ran out last year, except for incentives to make doctors and hospitals switch to electronic medical records. they are eligible for a series of lump sum payments from the government. those that don't will get hit with lower medicare and medicaid reimbursement rates. that's a huge story. play with allscripts ever since 2009 when it was trading $8.04. so far it's given us 135% gain and based on health information management conference this week, this space looks to be filled with opportunity. according to the himss, the ambulatory care market has just a 30% penetration rate for electronic records.
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and allscripts is the leading player, so they have a lot of doctors using the old-fashioned filing systems to convert. but they bought eclipsis, which instantly gave them a big hospital i.t. franchise, creating cross selling opportunities among doctors. but after the inline quarter allscripts reported after the close, a lot of investors are wondering whether this company can deliver on the high bookings growth that management has projected. the problem? people expecting blowout results from allscripts especially since they set capital budgets in october and the fourth quarter is when they would switch to a new platform. the stock was pummeled, falling nearly 9% the next day. should we be worried? or can allscripts return to its record of outperformance?
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let's check in with glenn tollman. welcome back to "mad money." >> great to be on. >> i'm used to blowout numbers. you didn't make your guidance. what will get things back on track? >> i think first i would tell you that we did deliver on the guidance that we provided before the year started and then we updated that guidance during the year. we actually came in right on the guidance and the bookings growth was 26%, so we felt very good about the bookings growth as well. we also had very strong financial results, the fourth quarter we had in excess of 100 million operating cash flow. we felt comfortable with the quarter and continue to see very solid, consistent growth, which is what we advertised. >> i don't want to get people wrong and don't want them to think i didn't do any homework. i'm reading allscripts health care solutions, booking end margins a bit short.
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mostly in line results, guidance a little light. i'm not giving you a hard time because i woke up on the wrong side of the bed. actually, i had a pretty good night's sleep. >> when you talk about the guidance, we said we want to give very solid guidance, some call it conservative guidance, and then we expect there to be solid results going forward so what we look at, what happened in the quarter. if you look at the announcements we made as recently as today, you see consistent, strong growth in a whole variety of areas across acute, post acute, ambulatory, and even in some of the newer areas we're seeing like the agreement we announced with cvs minute clinics, the largest retail clinic operator in the country, and we're rolling out nationally with them, and when you think about where health care is going, where is it going? toward retail health. great news, they have chosen
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allscripts and our operating systems to become their operating system. so we continue quarter in, quarter out, to deliver and we think that's how you win in the long run. >> what will wake up these doctors, the 70% that haven't availed themselves of allscripts? 50% of the big practices that seem to be oblivious. what will make it so they realize that the clock is ticking? >> well, it's happening right now. in fact, secretary sebelius had an article today in the local los angeles -- or i should say las vegas paper. she talked about the fact that it is happening, adoption has doubled. you mentioned the incentives. the nice thing is those federal incentives that have come through are now starting to spread to the private sector. so we see many payors putting in their own quality programs as well, and creating additional incentives. so adoption is moving along, it's moving along at a nice clip, and yet we still have more than half of the smaller, independent physician practices
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who have not yet adopted, and that's allscripts strength right there. we see continued strong growth, what our earnings guidance projected. >> what was the competitive advantage that you offered versus your competitors that you snared what is probably the most visibile piece of business out there? >> well, it is a visibile piece of business, we all know that health care is moving outside the four walls of the hospital, across the continuum of care. you need to be able to manage it that way, and minute clinics is the most recognized brand. why they chose us? we are unique in that we have an open system. it allows to you add applications just like an iphone, you can add apps on your iphone, or ipad. they liked the fact it was open, that they could continue to grow with it, and we developed a very close working relationship. they need a system that's fast, that their caregivers can use
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very effectively and that's what they found in our system. because, remember, this is tough stuff. this is physicians changing their work flow. it's not in a hospital environment. this is where you will see a lot of patients moving through. and they like the work flow of our system and that would be on our electronic health record. >> on the conference call, you talk about the united health group, they are replacing a fee for service payment model with a value based plan that compensates hospitals and physicians for reaching quality benchmarks. what about allscripts allows them to see how they are doing against benchmarks? >> a great question. this is where we lead. health care moving to electronic health records. once we get doctors connected, we have to begin to turn this accounting system into an information system and provide them realtime analytics and provide them with the kind of information that allows them the insights to lead to better
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outcomes. that's what all of these organizations are doing. in fact, one of the interesting deals that we had this past quarter was an organization called consentra, which was recently acquired by humana, what they have done, they've selected allscripts to equip more than 300 of their urgent care centers. you look at where health care is moving, allscripts is leading the way both in terms of access to health care, but also in terms of the analytics, because health care is an information business. that's what we've talked about before. now we see that really coming to fruition and we're excited about it. our positioning is great. >> glen, sounds like things are very much on track. thank you for coming on the show. >> thanks, always a pressure pleasure. >> glen tolman, ceo of allscripts healthcare solutions. the world is going their way. a lot of doctors have not put in. they have to by 2015.
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a lot of that business will go to allscripts. stay with cramer.
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on a day like this one, like to fall back on stocks that are riding powerful, long-term themes. the kind of multi-year trends that work regardless of the market or the price of gasoline. a company that hits three major themes at the very least.
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i'm talking about herbalife. hlf. cramer fave network marketing company that sells everything from protein shakes and energy drinks to vitamins and nutritional supplements. herbalife is a play on obesity. it could affect 2.6 million around the world by 2016. they rely on 2.7 million part-time distributors across 79 countries to sell products and more people become sales reps when they have trouble finding work or need to augment their income. and it's a terrific play on fast growing emerging markets. the direct selling model seems to be the most efficient way to sell things in developing economies, especially true with weight loss products that are herbalife's bread and butter. people are more likely to buy after a face to face meeting with a sales rep. lately, we have a bunch of reasons to be skeptical from tupperware and avon.
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when they didn't raise guidance, that was a shocker for us, but avon is a pure disaster. it doesn't seem to be afflicting herbalife. the company knocked it out of the park. they had 14 cent earnings beat with higher than expected revenues that rose 19.8% year over year, but herbalife gave upside sales guidance for 2012. they put through a 50% dividend boost, bringing the level up to 1.8%. and it's growing like a weed all over the world. now wonder stock surged $4.35. 7%. herbalife is seeing fantastic gains over the years, stock up over 225% since i first got behind it in november 2009, and i think there could be lots more room to run. let's talk to michael johnson, chairman and ceo of herbalife, honest, terrific, nonpromotional
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and dead right the whole time. welcome back to "mad money." >> hi, jim. thank you. >> by the way, i got to tell you, not only firing on all cylinders, you actually withheld the two markets i'm most excited about, china and india, you were cautious on. are you trying to prep us for blowout numbers later, or is that your nature to be able to say, listen, those markets will be good, but not yet? >> i think it's the latter, jim. these markets, when they are new to us, they go through an uptick, and kind of a surge, and then they straighten themselves out and as these two markets, especially india and china, get to the daily consumption model, to the idea that many distributors around the world have embraced, which is this club model, daily consumption, working with people on a daily basis, when we see the strong fundamental in place and a lot of metrics that track that, we'll get excited and you'll hear us talk more about it. >> okay. that's one of the reasons this story has multiple year legs is
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because if you can replicate mexico in india, wouldn't it be gigantic? >> we look at those metrics all the time. those are the types of things that give us the belief that the runway is so huge in front of us. and part of us starts no see the per capita penetration in mexico in a place like india or china you and i will be talking a lot. >> yes, we are. obesity, underemployment, emerging markets. each quarter, i try to figure out which was the big trigger puller. everything hit, right? >> well, we're at this incredible intersection. people are underemployed or unemployed and looking for extra money, whether full-time income or part-time income. our company has a great track record in both areas. obesity, two billion, three billion people around the world trying to fight weight. madeleine albrights says half the world is trying to lose calories and others will receive them. we're sitting in the intersection of both. it's a luxurious place to be. >> allergan, trouble with the
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lap-band, weight watchers having trouble making the numbers. what is different about your obesity product than a very good sophisticated company like allergan and weight watchers? >> i think you and i have spoken about this before. it's the social model. you can come to a nutrition club, a personal coach, somebody work with you. nonpressured environment. we have weight loss challenges, a lot of different methods for losing weight and a terrific, terrific product. right amount of calories, right amount of nutrition. a great way to lose weight in a social atmosphere with people who are in the same situation as you, plus having a coach and guide, and potentially it becomes an opportunity for you to make a little money. >> look, for the first time i feel compelled because the sales are that big and strong to ask you, you have to be taking shares. when you have an incredible number in this energy drink, it has to be impacting other guys that i buy at retail. too big now. are you taking a share in that category? >> we think we are. we don't know the exact statistics. we think we are the largest
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seller of what they call a meal replacement shake, although i think it's a great meal. we're one of the top users of protein. soy protein is one of the ingredients in our shakes as well as whey protein, we're probably the dominant user in the world. whether we're taking share or creating share, i'm not sure. >> 6.5 million independent reps work for avon. that company is falling apart. can you not cherry pick their top people and tell them about your product and get them involved? >> we're not in that business. we're in the business of making sure our distributors do the best job they can without going after other distributors. we don't need to do that. smart people who are in these fields look at what we're doing, look at the income opportunity, the product, daily consumption model, and they'll come toward us when they think the time is right. >> central and south america. new distributors up 89% year over year. how do you do that?
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>> they look to their brothers and sisters up in mexico and they have adopted the daily consumption model. clubs aer going in. in santiago, chile and panama city, panama, for two large conventions, we call them extravaganzas, and the energy and excitement is frankly unprecedented. >> one of the things i'm concerned about, but i feel are you a bit countercyclical. i am seeing hiring in this country. will it work against you that there will be mainstream companies hiring in north america? >> i think it will work against us when the obesity issue goes away. we don't see that any time soon. >> a good point. that's not going away. now, a company today, they used to knock on my door when i was growing up. full brush filed bankruptcy today. i always felt would never buy it unless they knocked on the door. how many of you what are you doing, because you -- you
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personally have taken this company to develop product superior to others. herbalife, i used to think if they didn't knock on your door, it wasn't going to sell. >> jim, if it's a product development question, we have a terrific team in here of doctors, scientists, researchers, doing research around the clock in this company. we are building our own manufacturing facilities, growing our own crops and we've got something very special that's taking place inside herbalife. a vertical integration, seed to feed supply chain initiative. we are very proud of our products. herbalife 24 sports line, nothing like it in the marketplace. it's very sad about what you said about fuller brush. i had buddies that sold fuller brush in high school, college, made some money doing that. but that model is a different model than the one we have today. we're not really knocking on doors. we have a lot of fixed space location where people are coming to clubs and to distributors. our distributors reach out in
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the community, no doubt about it, but it's a different model. but it's sad. it's like kodak. >> i want people to understand you are different. michael johnson, congratulations for everything you do for shareholders. i think we're still early, i'm not kidding. >> thanks, jim. we feel the exact same way and appreciate the opportunity to tell our story with you. thank you. >> great to talk to you. i don't know how many ceos have come on this show that have been as bankable as he has. when his company was under attack, completely falsely and wrong, he came on the show. one of the greatest buying opportunities in seven years. stay with cramer. this new at&t 4g lte is fast.
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it is time and time for the lightning round. sell, sell, sell, sell.
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buy. buy. buy. buy. and then the lightning round is over. are you ready, skeedaddy? let's start with william in missouri. >> caller: ba ba ba booyah from cardinal nation. what do you think of acorn? >> interesting ophthalmological. but i would buy another. let's go to mary beth in new jersey. >> caller: what do you think the future holds for united health? >> it's been on fire. just on fire. unbelievable. pulled away from the pack. other than humana. the stock can work its way higher. i would like to catch it on a down day. john in florida. >> jim, how are you? >> real good. how are you?
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>> caller: fine, thank you. this is john in florida. i would like to have your input on phn. >> i think you should buy toll brothers on this discount. if you buy a home builder, buy highest quality. i think a lot of people will downgrade home builders tomorrow. i think toll is the class of the field. steven in new york. steven. >> caller: hey, jim. how are you. long island booyah! >> i got to get there soon. what's up? >> caller: sbs, the brazilian water company for years, value has more than doubled. recently made a big move. what do you think? >> my friend, you know more about it than i do. i got to come back. brazilian water company is not my strong suit. let me make some notes, we'll come back and analyze it. it's on a hot streak. jean in virginia. >> caller: hi, jim. i would like your opinion on graph tech international. gti. >> it confounds me why that
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stock is not doing better. energy solutions situation, people really like it. i have to come back and say i got to do more. involved in the steel business. a lot of guys downgraded steel stocks. let me come back and see if it's because of problems in steel industry. let's go to doug in texas. >> booyah, from texas ranger country. >> yeah, i forgot. pitchers and catchers. looking good, rangers. what's going on? >> tal international group. >> this is a terrific situation with a good yield and good momentum when it comes to transports. i prefer this to the rails. that's a great idea. let's go to lovie in west virginia. >> caller: booyah, jim. stillwater mining company, what do you think? >> i love that enthusiasm. i want you to sell that one. i don't like it. yumana, good number. gg, goldcorp reporting good
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numbers, superior to stillwater mining. let's go to chase in south carolina. chase. >> caller: good old booyah from charleston, south carolina. >> beautiful. i've been there and i like it. i'm not -- charleston, great college of charleston. that's the greatest school. i love it. what's up? >> caller: i am looking at investing a menial amount of money to learn about the stock market and your tyke about zyratex. >> i prefer emc, charitable trust. both very hot. but emc i think is much cheaper. let's go to fred in illinois. >> caller: ba ba ba booyah. >> very spirited from illinois. what's up? >> caller: from st. charles, illinois. i'm in the middle of one of your books right now and i want to get into the game. >> all right. i sympathize. >> caller: diamond foods, could
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a change in management make it a buy? >> i got to -- if you're reading one of my books, go back to real money, and what i say, there is a chart that i put on my computer, accounting regularities equal sell. far be it to me to recommend that stock. i do like the emerald nuts and they are very good and i used some of their popcorn this weekend.. use their products, forget about the stock right now. and that's the end of the lightning round.
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[ tom ] we invented the turbine business right here in schenectady. without the stuff that we make here, you wouldn't be able to walk in your house and flip on your lights. [ brad ] at ge we build turbines that power the world. they go into power plants which take some form of energy, harness it, and turn it into more efficient electricity. [ ron ] when i was a kid i wanted to work with my hands, that was my thing. i really enjoy building turbines. it's nice to know that what you're building is gonna do something for the world.
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when people think of ge, they typically don't think about beer. a lot of people may not realize that the power needed to keep their budweiser cold and even to make their beer comes from turbines made right here. wait, so you guys make the beer? no, we make the power that makes the beer. so without you there'd be no bud? that's right. well, we like you. [ laughter ] ♪ it's good. honey, i love you... oh my gosh, oh my gosh.. look at these big pieces of potato. ♪ what's that? big piece of potato. [ male announcer ] progresso. you gotta taste this soup. try bayer advanced aspirin. it's not the bayer aspirin you know. it's different. first...it's been re-engineered with micro-particles. second, it enters the bloodstream fast, and rushes relief to the site of your tough pain. the best part? it's proven to relieve pain twice as fast as before.
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bayer advanced aspirin. test how fast it works for you. love it, or get your money back. on a mediocre day like today, we're reminded of long-term themes who last through the good and the bad. that's why we play am i diversified. make sure your portfolio is the right mix and includes some of these strong themes. this is where you call and tell me the top five holdings and i tell you if you are diversified or not. let's start with eric in california. what do you got for me? >> jim, this big-time fan of yours.
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listen, i have apple, chevron, kimberly clark, wynn, and teva, and i was wondering if i am diversified or not for that. >> let's go to work. chevron, major oil company, real good. apple, one of our favorite companies. wynn, i like the fact that they bought out the dissident casino, and kimberly, great yielding and teva, the ceo on "squawk on the street." drug, oil, tech, entertainment, and consumer products. that is perfect diversification, which by the way, a very nice yield when it comes to kimberly and to chevron. let's go to leon in pennsylvania. >> caller: hey, jim, a big booyah from southwestern pennsylvania. transplanted long islander here. long-time fan of yours, too. >> big marcellus shale booyah to you. >> caller: absolutely.
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i want to know if i'm diversified. i have apple, exxonmobil, united health group, mcdonald's, and proctor & gamble. >> let's get right to work. united health. large medical provider, doing very well by the way. missed that move, my bad. exxonmobil, largest oil company, not my favorite oil, but that's okay. no one ever got hurt owning exxon. computer company apple, proctor & gamble, consumer product company, and mcdonald's, are these too much alike? no. technology, oil, health care, and i think that's diversified. everyone so wise to the game. it's so clear they've really caught on. linda in florida. linda. >> caller: hello, jim. big booyah to you from florida. >> good to have you, sunshine. >> caller: it is sun shining. am i diversified? >> okay.
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>> dac, opk, aa, mkc. and i want to thank you -- oh, apple. aapl. i want to thank you for making us some money. >> all right. i've done well. i've done well and i thank you very much. let's go to work here. >> caller: okay. >> mccormick, a perfect stay at home situation. i liked the quarter, a lot of people didn't. spice company, food. bank of america, bank. opko, this is health care. alcoa, big industrial. and apple, we have three apples in a row. and we have tech, industrial, health care, we have bank, and we've got food, and that, again, is what we want and i -- perfect diversification, and doing quite well i might add. let's go to walt in new hampshire. >> caller: hey, booyah from concord, new hampshire. how are you doing? >> doing great, how about you? >> caller: doing great.
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i have domino's pizza, dpz. whirlpool, whr, at&t, t. cypress semiconductor, cy and pfizer, pfe. >> an interesting one. telco, nice yield, nice yield. whirlpool, household products, nice yield, appliance, cyprus semi, a big buyback. domino's one complaint here if you use the apple app, you can't order the no cheese option. put that out. completely extraneous. restaurant, telco, drug, appliance, and tech. once again, perfection. congratulations to all players. stay with cramer.
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is there nothing we can do to lower gasoline prices? and are we hostage to the geopolitical tussle in the middle east? until we get a resolution with iran's nuclear program, oil will march inexorably higher? yes and no. we can't do anything right now. the president can't risk tapping the strategic petroleum reserve, because it's meant to counteract a middle east shutdown. getting the price down in the future, i think it's totally within our reach. that's because the price of natural gas is crashing in this country. there is simply nowhere near enough of a demand to meet the
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massive supply. this morning we heard from chk, the company struggling with a surfeit of its product. and the swashbuckling ceo is cutting back on natural gas drilling, but all for naught. last night, the ceo of eog resources told us that he thinks natural gas could still come down hard from here and he believes it will stay down a long time to come. enter west port innovations, which priced 5.5 million shares $43 this morning. west port is pumping out natural gas for pickups to heavy duty trucks. given that trucks are responsible for consuming 25% of the oil we import, if our government were simply to subsidize the program and have the trucking companies switch, we did the cash for clunkers, we could turn the tables on opec, lower the price of gasoline
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using cleaner, cheaper and incredibly abundant fuel. republican candidates aren't talking about this opportunity. and other than one photo-op where president obama called our nation the saudi arabia of natural gas, nothing happening to encourage the switch. and other than west port and clean energy fuel, building a network of natural gas filling stations no one doing anything meaningful to knock down the future price and help america become less dependent. honestly an oddity. the subsidies are for electric cars. the truckers know that these west port engines still require stiff initial outlay. if we have the will and political wherewithal, we can lower the price of gasoline for good. we're embracing the stock. and it makes you realize we seem almost suicidal when it comes to saving ourselves from opec and the addiction to high-priced middle eastern oil.
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until that changes, say good-bye to $3 gasoline for the duration. stay with cramer. hello, how can i deliver world-class service for you today ? we gave people right off the street a script and had them read it. no, sorry, i can't help you with that. i'm not authorized to access that transaction. that's not in our policy. i will transfer you now. my supervisor is currently not available.
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would you like to hold ? that department is currently closed. have i helped you with everything you needed ? if your bank doesn't give you knowledgeable customer service 24/7, you need an ally. ally bank. no nonsense. just people sense.
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hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. get fired up. a brand new "american greed" tonight. see how a billionaire con man from minneapolis got people to believe his 13-year che

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