tv Mad Money CNBC May 11, 2012 11:00pm-12:00am EDT
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eering came from. so now, as an engineer, i have a career that speaks to that passion. thyou, mr. davies. i always like to say, there's 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, just trying to save you a little money. my job is not just to entertain you, but to educate you, so call me at 1-800-743-cnbc. s&p sank and the nasdaq edged up 0.01%. i need you to take a step back and remember that staying cautious does not mean giving in to panic, and we are in total
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caution mode, as you know. it feels like we're being whipped around. but just, beating it to a pulp. by europe, of course, day after day. 2011 style. but don't forget, when we buy stocks, we're not betting on countries or continents. we're not even betting on labor ports. we're betting on the futures of companies. individual companies with their own prospects. my job is to help you find the ones that can work, even in this difficult environment. i hear all these people coming on air now saying it can't be done. why do people stop me in the middle of the street and call in and saying they're making so much money if it can't be done? with that in mind, what's the game plan for next week? >> the biggest one of the week is on friday, or we hope it could be on friday, and that's when facebook could become public. i call it fullback, because its symbol is fb. i know it's worth getting in on the facebook deal, and i said that maybe ten times, okay? and i'm going to say it another ten times, but it has to be in on the actual deal.
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you do not buy fullback in the aftermarket. if you want my complete take on the ipo, you'll have to wait until monday night football, okay? speaking of internet ipos, though, on monday, after the close, groupon reports. and i'm going to be doing groupon in connection with facebook when we talk about facebook on monday's show. groupon, let me just say, let me just call this the poster boy for what we most fear about facebook. an overheated ipo, stemming from mass money -- stemming from mass hype. and what happens? it only makes money for the flippers. the guy gets on the deal and then flip it. groupon doesn't change my deal on facebook's ipo, but highlights two important things. one, buying in the aftermarket when the stock is already trading is a fool's game. and two, if you can get in on the deal, you can make money even if the worse comes to pass, by selling the darned thing around the opening. it worked for groupon, which
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turned out to be everything the bears thought it would be, so it could work for facebook. facebook could make tons of money and has had a couple billion dollar revenue quarter. that's so hard. sgrpn has about half a billion in revenue per quarter and the stock's been cut in half. there's nothing proprietary about groupon. in fact, i'm getting better local deals pushed to me by amazon now, including 80% off a hot bickram class in new jersey, bichlt bickram yoga. we have we've got the home despot, the tjx and jcpenney in the afternoon. now, macy's has said it's taking share from jcpenney wherever they compete. what does that say from penny's ceo, ron johnson's strategy?
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the man who invented apple's retail stores, set his sights too high, i think, in that first conference that he gave, when he took over the job. i want you to be prepared to have them taking -- to have them taking down, taking down the numbers. and what will happen when you take down the numbers of a company that reports, well, you take down the stock too. after nordstrom's said the wrong things last night in the conference call i actually liked, but no one else did, we've got to presume that saks will do the same thing. i think home depot on the other hand can finally start talking about tailwinds in housing. will anyone be listening? they should. as for dick's, it sells the hottest of goods, including under armour and nike, but the bar's been set very high. it is reminiscent of nordy's, before the $2.57 it gave up today. on wednesday we hear from a great company, but not a great stock. and that's john deere. as usual, i'm wondering how many ways deere can screw it up this
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time. back when grains were soaring, almost every quarter was accompanied by disappointing commentary. now grains are getting crushed, along with other commodities. tragedy comedy alert. deere reports. target reports too. now, that's different. target delivered really all year, okay? and i think this is one of the cases where momentum is building and will continue. meaning that success could be back in this company's dna. a company, by the way, that i wrote off a year ago, incorrectly. after the close, we have both jack in the box and red robin gourmet. now, i haven't listened to either of these in a while, but because the burger king deal is now around the corner, a burger king ipo, it might be worth it to spend the time to listen to these. of course, as with any ipo, including burger king, i want it my way. thursday brings three of the best retailers of this particular moment, okay? dollar tree.
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you know i love dollar tree. that's where i get all my candy, okay? ross stores, where i dress for less. and gap, okay? if i'm right about the bar being set too high going into the earlier retail names from what we heard from, then if these get hit, if these get hit off of any disappointments from this day or this day, guess what, we might have some real good trades. these are the three things i'm thinking about telling you to buy if they are down on wednesday. all three are out, executing just about everyone else in this business right now. and so on thursday, we heard from the oldham battle ground stock. wow, the cloud, salesforce.com. could there be, honestly, a stock more controversial than this one? because this is a great company. in the past when sales force has run, the stock has run into the quarter, it's been a sell, sell, sell. but when it's crushed going into the quarter, it's been a buy, buy, buy. the ceo has created a rich
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enterprise. this company has the danny myers hospitality busing. which means its longer term strategies will take share from the competition, including oracle. but this market has been savaged. unless sales force keeps getting hit in advance of the quarter, good bet these days. there's simply too much risk, even as i do like the company very, very much. as you know. friday we could be be dealing with the aftermath of the facebook ipo with all of its possibly ugly ramifications. it's either going to be valued too high, or it's going to cause tons of press about how we're back if a world of no discipline and stupid investing, where one set of companies without profits are highly valued and another set like the intels and microsofts are valued as they're big cyclicals with terrible balance sheets. and they're the opposite. intel and microsoft are high-yielding bargains. here's the bottom line. next week is all about the best for last. it's about facebook. but the enthusiasm about this ipo won't be enough to block out
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the pain of the global slowdown. that said, there are always opportunities on the way down, as long as you know what's worth buying into weakness. dollar tree, gap, ross stores, and if the weakness is truly vicious, salesforce.com. let's go to steve in pennsylvania. steve! >> caller: baa baa baa boo-yah, jim, from king of prussia, pennsylvania. >> how you doing, steve? >> caller: i'm doing great. hey, i'm having a problem with my stock. pcln, priceline. it hit its numbers again, and they have a good double-digit forecast. i bought on a dip and i bought again today on the dip. is priceline going to come back to the real value or as europe fears, and of course are overselling in the u.s. market going to keep this stock down? >> boy, i'll tell you, king of prussia, man, i love that mall, by the way. here's the problem. priceline's had some, let's say
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conservative commentary on the conference call. and no one was set up for that. we all thought they'd be very, very bullish. so now you're going to have to mark some time. what does marked time mean? you've got to be willing to own that stock down to 625. that's where i think it could bottom. that means it could go down 50 points. if you can't handle that, then you might want to start trimming on monday. that commentary was that negative. it was -- it really did, it really was. let's go to john in kansas, please. john? >> caller: boo-yah, cramer. love the show. >> thank you. >> caller: my speculation stock is arna. i got in at $1.80. should i sell or hold for the big day in june? >> i feel like such a dope, you know, i was getting in front of mock suits, getting my coffee in the morning and a nice policeman stopped me and said, what do you think about arena. i said, that's a lottery ticket. well, that's a lottery ticket to pay it off. and i think it's not done paying off. any weakness, buy arena. this fda suddenly has got some gumption. that could be something if this thing gets approved from the panel that did it last week.
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we need more than the panel. priceline, i regarded the commentary as negative. they won't say that. i was like, oh, darn, they didn't raise the numbers, that's what i wanted. next week is all about facebook, okay, but to me the key is these four stocks, if they get hit before they report. "mad money" will be right back. coming up, slippery slide. crude's been crushed lately, but tonight cramer's drilling for oil plays that could help you refine your portfolio. and later, sugar high? thirsty for a spec, but worried about the risk? cramer's unveiling his strategy for one high-profile sparkling stock that could have liquid profits flowing in. plus, the manchurian candidate. he was the most admired banker in the world, but now jamie dimon's in the rough. cramer's looking for answers after jpmorgan's stunning $2 billion blunder and deciding if it's still worth owning.
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chuck from sube sunshine wants to know, what do you do with the conco phillips now that it broke itself up. whether i prefer conco and the exploration production company or phillips 66. the newly fighting business. i told him we have been working on this one, but i had to come back later. we wanted to nail the analysis and these things take -- you can't be good about it. it's too, too hard. you gotta spend a lot of time. because this is the most
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interactive show on television, tonight i'm answering chuck's question. first i want to clear something up. frequent viewers know i have a thing for companies that unlock value for shareholders. if there is an impending shareholder, i recommend a number of these stories and conco phillips, it's no longer part of the group. conco went this way and phillips went this way. they split up last week on may 1st. that usually marks the end of the break up trade. take marathon. they did a similar break up into an exploration of production company and a refiner company, that is enp. marathon gave you a terrific 30% gain. if you own the stock between the company announced the break up in january of 2011 and when the split actually happened. ever since then, howly cow. a spin off and the old marathon
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is down 19% and the refining business marathon petroleum is off 4.5%. even if it was met with innish yags from the analysts beginning the trading. once the actual break up occurs, doesn't mean it will be done going up. you have to accept the fact that the break up trade is over and you have to analyze the separate components which is why we couldn't say we have 52. with that, let's take a closer look. one of the oil names you want fuel protection and don't tear that much about growing, you might like the new conco. 4.8% yield. granted the price of oil is falling virtually nonstop, day after day. conco gives you a lot more downside than you get from oil producers we follow on the show. to me, while conco is better
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than many, it's far from the best. companies are going at a snail's pace, 3% to 5%. the actions management is taking to unlock the value, including asset sales that made it more management and financed mammoth buy back. however, it seems that conco sold most of the fruit and these will happen at a much slower pace and can hurt the company. conco is not cheap on a debt-adjusted cash flow basis. they are trading to an integrated premium and pure play numbers like apache and aforementioned marathon. it's relatively crazy. it sells for eight times earnings. chevron sells and a patchy and marathon sells for the stocks at six times earnings. my view. you want an oil stock, i prefer
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chevron. it has a smaller yield and got more growth and therefore more potential upside. you might think the higher yield makes conco safer, but it may not be better than shell or bp. those are all slow growers. they are looking at flat production and bp's productions are in decline. it will be a little better, but not that much. we have a higher yield for some of them. you want an exploration company, what do i want you to be in? i want to you make money and be in resources because of the top notch assets. it's a growth oil and if you want an energy name, i think you should play it safe for the high yielding hype line that doesn't need sky high oil prices to make money. we don't like the commodity places. one thing is the enterprise partners, how about -- it's down ten points from the high. how about phillips 66, the newly
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stun off psx. they get about half the value and the pipelines from chemicals. the new ceo going out of his way on the refinery side of things. the end of the day this is the refinery and maybe not the best one. rhett fining game is a business with low growth and low margins. i haven't liked it at all. the recent years were making easy money in domestic oil production. without enough new infrastructure to shift the oil where it's most needed. there is a major bottleneck and you see the picture of the tanks, that's the destination. conco could buy west texas crude and sell gasoline based on much higher price of -- you see the price when is we talk on cnbc. that allows them to capture the big spread. last november, conco itself sold the pipeline and used to bring
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owl to kushing and the new owners, two companies you know we like on the show are in the process of reversing that type. sending oil down to the gulf of mexico for refining. you know what that's going to do, you get rid of the difference between the two in west texas and much higher price. it eliminates big profits. players like phillips 66. that is a huge reason not to own phillips 66. even if they hadn't sold, it would be a tough business. how hard it is to forecast the refining markets. that's the last we need in this tough market. is sells for seven times earnings and the highest kwal 8 at balero. it's not worth a lot, but it won't be enough to offset. in other words, don't get your kicks from phillips 66. here's the bottom line.
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now that they broke themselves up, just like with marathon oil with the lead up to the spin off and both stocks were dead money. sometimes the best decision is -- you know what, why don't you move on and forget about it. stay with cramer. >> coming up, sugar high. worried about the risk? cramer's unveiling his strategy for a sparkling stock that can have liquid profits flowing in. and later, cramer is taking your questions on the air. so tweet him at jim cramer at #mad tweets. for a new edition of mad tweets all coming up on "mad money." [ male announcer ] this is the at&t network...
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in this ultraturbulent market, we're always on the hunt for industries where the trends are clearly getting better, no guesswork, not getting worse, like so many other areas in the economy. and right now, the beverage business is looking real strong. in part because price competition, which has been so voracious in this group, is letting up. while demand like thirst on a desert island hasn't been slaked. we know coke and pepsi are doing very well, so is the doctor, dr. pepper. we also know that money managers are addicted to highest growth
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and those companies don't have. who has got the highest growth in the drink sector? there is no question about it, people. we're talking about the monster! monster beverage corporation. not monster worldwide, by the way, which is up big today. mnst. that's the energy drink formerly -- well, let's say, the energy artist formerly known as henson, that just reported a spectacular quarter wednesday night, one that caused the stock to jump about 9%. so who has the best share take? again, monster! but should we buy monster? oh, boy, that's a tougher question, especially up here. to answer, you know what i've got to do, we've got to put monster through the growth stock rubric i outlined earlier this last month. i'm repeating this in order to teach you so you can do the same kind of thing at home. all right. let's go over this, the paces we put a stock through before it gets our blessing. first off, monster may have
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growth, but we have to ask, is it sustainable multi-year growth with a high level of visibility. the company gets 91% of its sales from energy drinks, the fastest growing category in the beverage market and their energy drink sales rose 29% for the quarter. that knocked my socks off. these coal socks i got like two for three bucks. for years, energy drinks have been taking share from the soft drinks market. monster is at the forefront, right behind red bull. see, right behind red bull. and i see no reason why that should change anytime soon. second, we've got to ask ourselves, is the market big enough to support this growth? right now, energy drinks just account for 2% of the total nonalcoholic beverage market. and that leaves a lot of room for expansion. third, can monster stay competitive? the energy business basically is a two-horse race between monster with about a 30% share and red bull, which controls roughly 40% of the market, but you can't trade red bull.
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however, monster's gaining share and the company is constantly coming out with new products, like uber monster energy brew, which tough guys have right before i start the show. it's an energy drink that's like a nonalcoholic beer. it makes a mean mocktini. fourth, can monster pay a dividend or does it make sense for the company to plow its cash back? does it have a lot of money lying around? unlike the other growth stocks we looked at a month ago and were viewed earlier this week, starbucks, apple, allergen, monster is a junior stock play. the company is still relatively small so it would be nuts for them to pay a dividend. fifth, can monster expand internationally, which is so crucial for all the great growth stocks we follow? this is a huge focus for this company. in the first three months of the year, about 19% of monster's growth sales were to companies outside the u.s. that number could go a lot higher in the future. people love this stuff overseas. # monster is gaining momentum and taking market share in europe where they're operating profitly and doing better versus a year ago.
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in europe they started selling energy drinks in hong kong and macau, and are nuts for it. earlier this week, they rolled out monster in japan, ecuador, and are planning to launch monster in chile, monster philippines, and parts of monster europe. this is the early innings of what could be a major international and yes, monstrous expansion. sixth item, is the balance sheet strong enough to support all this growth? it's got $391 million in cash, no debt. analysts were salivating over it. analysts want them to buy back stock, i want them to plow it into stock. this is a growth vehicle. let's get dicy because so far everything is going good. number seven, is the stock expensive when it comes to the out years? how's it going to do in the future? monster sells for 29 times earnings after yesterday's giant rally. the books say -- the different services i look at say it has a 17% growth rate. that is a little pricey. then again, i could see one of
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the major soda companies making a bid for monster to get in on the energy drink action if the stock took a serious downward turn because of the stock market. eight, is management good enough to execute on the plan? oh, man, execution, this is the big unknown here. this is very difficult for me, because monster's management is pretty much of a, i don't know, a guess word for me. we don't know if they're as good as the other guys or if they simply been riding the wave. we don't know if they can go on the same international sales like starbucks. say from starbucks, where management was more proven, or maybe the starbucks before howard schultz came back to work and management wasn't proven. how about nine? is monster hostage to global or economic growth? no. these energy drinks a staples with a cool factor. they're practically necessities in today's over-programmed, hypercaffeinated millennium x-gen or y-gen world. the last part of the red,white,and blue rick, can monster grow its margins or will it by overruled by raw costs? three percentage points, 28.7%.
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they're good to go. in short, the growth is terrific, but the stock isn't exactly cheap. monster is not as known a quantity as alike, or as is the case with our senior growth stocks we want you to buy in any weakness, although we would love management to come on "mad money." now, here's a new one. we also don't know about what i'm now calling cramer's additional risk factors. these energy drinks, well, let's tell the truth here. they're not exactly all that good for you. i mean, i could see taking one with some high pressure medication. they're not just -- people pop lipitor before they have a steak, i kid you not. they're loaded with caffeine and sugar, two that i don't want to be in. monster uses an ingredient called gaurana, not gauno, but gaurana, a berry that's packed with naturally ocuring caffeine. get me some guarana.
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and more important, fda hasn't checked out off on gaurana. a couple serious health incident here is and there and you can see the government causing some real problems. that is a risk. plus, there's always a chance that red bull goes after monster on price, creating the kind of -- hmm? maybe it's better than i thought. creating the kind of vicious profit-killing competition we've seen between coke and pepsi over the years. i point all this out because it's easy to imagine how monster could hit a wall and get crushed like an empty can. make sure that people don't know that we shook them up. anyway, so what do you do when you have this combination of hypergrowth and high risk? listen, guys, it is speculative friday, after all. we've been on data by can request for options strategies. i think options are too risky for most people, with one big exception, when we can replace the common stock with options. stock replacement, a strategy i describe at length in "getting back to even," my last back for about 100 pages. you find it deep in the money
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call option that sometimes matches the common stock. one that's far out in time. you buy that call, something like the monster september 65 calls for ten bucks and that will give you the right to control of all the appreciation over 75. but, you can go out further and hire if you want. you own that call. it cuts off your downside, right welcome because it's struck at a certain price, and you can also sell common stock against the call. that creates an additional hedge to the downside you can trade around. i have about 15 pages that describe how to do that. oddly, this strategy is more conservative than buying a common stock. it's the right way to go in case the unknown quantity of management screws up or cramer's additional risks factors kick in. # then you can profit from the downside if you're shorting the common stock against the deep in the money calls. one call from the fda, one story in the fda about the low-carb monster energy, and i don't think it's going to be as popular with the parents that buy it for their kids. or alternatively, obviously, your downside is cut off by the option itself, which in this case tops you out at 65.
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after that incredible quarter, with we know that the monsters firing on all cylinders but it's also risk. you want to speculate with deep in the money call options instead of buying the common stock. it's the one instance from options are the cautious, conservative way with to go. let's go to himong in california. >> caller: boo-yah, jim, from sunny california. >> you got the edge on us. it's a pretty nice day. what's going on? >> caller: first of all, i want to help you for helping out individual investors on our show. i would like that you help me out. >> you have been watching and there is a bunch of people coming on air saying individuals can't do this. i think that's equivalent to saying individuals are stupid. i'm not going there. go ahead, finish your thought. >> okay. >> caller: okay, i thought it was a pretty strong earnings, but still stagnant. so i wanted to see, is it a good stock? >> you know, it's funny, millennium media, they all
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reported these ecommerce solutions. i am betting that demandware is actually the best of the best, with the exception of, and this is the one i'm going to tell you to buy if you want to be in that segment. i want you to be in -- i want you to phone home here -- let me get my -- with exact target. why do i say phone home? because the symbol is et. let's go to john in minnesota. john? >> jim, a big boo-yah from bloomington, minnesota. >> oh, man, one of my favorite spots. we get a lot of sports guys. we follow sports here. we know you're in the sweet spot. >> caller: and they finally passed the viking bill. >> you see that? you are in the new stadium. >> caller: the vikings are stadium. we're all so happy we don't have to worry about the roof falling in. they're building a nice one now. >> now all you've got to do is start winning. that's probably harder. >> caller: that's a little harder. >> all right. >> caller: my question is, since
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sara lee is splitting into two companies and paying a $3 per share dividend, special dividend, wouldn't it be wise for someone like me who has some sara lee to buy more shares? and then which spin-off company would you recommend? >> well, first of all, i totally, you know i recommend -- you've got to go on cnbc.com archives, i agree with you, sara lee is good. and we did a very complicated breakup analysis that i'm going to refer you to, but you are right to be wanting to buy. let's go to cory in colorado, cory? >> caller: hey, jim cramer, boo-yah! >> excellent boo-yah back at you. >> hey, was just calling today about hershey, hsy. i've noticed that the stock is up over 10% from the start of the year and, tell me, will it have room to grow? >> i think -- i don't like to pick off stocks that are at a 52-week high. this one is only a few pennies from it. this one in kimberly and mccormack spice are three go-to names every time holland,
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netherland, france, poland, all of those countries, every time one of those blow up, you look at mccormack, you look at hershey, and you look at kimberly. those are my three best go-to names that do international work. obviously, verizon and at&t are better. monster beverage. is it monster good? if it fills our "mad money" criteria for monster growth, but it's not cheap. understand, when things aren't cheap, it may be best used deep in the money calls. stay with cramer! coming up, the clock is ticking. call cramer at 1-800-743-cnbc to find out how to fire away at cramer on the "lightning round." can he withstand your thunderous onslaught of stocks? and later, the manchurian candidate. he was the most admired banker in the world. but now jamie dimon's in the rough. cramer's looking for answers
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after jpmorgan's stunning $2 billion blunder and deciding if it's still worth owning. all coming up on "mad money." al) most life insurance companies look at you and just see a policy. at aviva, we do things differently. we're bringing humanity back to life insurance. that's why only aviva rewards you with savings for getting a check-up. it's our wellness for life program, with online access to mayo clinic. see the difference at avivausa.com. sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation
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it is time, it is time for the "lightning round" on cramer's "mad money." time for rapid-fire calls, tell you whether to buy, buy, or sell, sell, sell. when you hear this sound, the "lightning round" is over. are you ready, skee-daddy! it's time for the "lightning round" on cramer's "mad money." let's start with tom in massachusetts. tom. >> hey, jim, i've got a south boston boo-yah for you. >> i've got my daughter lives near you. boo-yah, right back at you. what's going on? >> longtime natural gas and i'm thinking ultrapetroleum as low-cast producer. >> they are a low-cost producer, but that doesn't do it for me. i've got to have a company that's positioning out of natural gas. we'll have to say no on ultra. we will have to say no on ultra even though it's a great match. let's go to larry in florida. larry? >> caller: hey, jim. a big florida boo-yah to you. >> sunshine boo-yah back at you. >> caller: i want to thank you
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for what you do every day, for us, and i would like to know what your thoughts are about dow chemical. >> i was going to do a piece this week comparing dow chemical to dupont. and my charitable trust owns dupont, i think it's terrific. but dow owns 3%. i like dow chemical, even though i know it's got european weakness. let's go to bob in new york. bob! >> caller: boo-yah, cramer. bob from new york and my symbol is bgct, that would be -- you got it. >> that's howard lutnick. he came on the show and said, look, people should buy the stock and it's got a big yield. what can i tell you? it can does have a big yield and it's levered towards brokerage. even though in a particular part of brokerage, it's doing fine, people are not doing a lot of trading and that does hurt the cohort and that's what matters. let's go to sally in california. sally!
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>> caller: hi, jim, and a big sunny boo-yah to you from manteca, california. >> i love it there! i love it there. what's up? >> caller: hey, listen, can you give me some information about brocade communications. >> it's a big speck. you're hoping for that takeover there. i don't like situations where i need a takeover. let's go to stewart in california. stewart! >> caller: hi, jim. thanks for helping us. i'm getting clobbered on enerplus. buy, sell, or hold. >> i saw that today. a lot of my friends think it's a great story because it's got that great yield. there's some management turmoil there. i will have to put that one on hold. i think it's too risky to recommend. let's go to bill in california. >> caller: boo-yah, jim! from bull bell flour. >> caller: coca-cola enterprises. >> very good company. what can i tell you? a nice, steady grower and a good company. let's go to paul in florida. paul? paul? hello? >> caller: hey, jim.
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>> hey, paul. >> caller: first of all, i just want to say thank you for what you do and i appreciate it. >> thank you. >> caller: hban? >> i think it's good, but it's a bank. nobody likes the banks. i happen to like the regional banks. i'm going to tell you the hunting bank copper, you can buy it under 6, and that, ladies and gentlemen, is the conclusion of the "lightning round"! >> the "lightning round" is sponsors by td ameritrade. [ male announcer ] if you believe the mayan calendar,
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diarrhea, gas or bloating? get ahead of it! one phillips' colon health probiotic cap a day helps defend against digestive issues with three strains of good bacteria. hit me! [ female announcer ] live the regular life. phillips'. this one is from deb in virginia. i bought ngt overtime and the stock has not recovered. should i continue to hold or should i sell this one at a loss. listen. it doesn't matter where a stock has been, but what matters is
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where it's going. i think it's dead money. there a lot of other places. i think you should do the partnership or a drug company. all will be better. here's from sheila in colorado. professor cramer. what do you think about the move that nrgy made to sell off the propane portion. where do you see it going? >> i don't have to worry about it. i like energy transfer partners that got rid of the all the po pain. it had a high yield and terrific quarter. that is the stock the trust buys and you follow along and realize we write endlessly. here's one alan in minnesota writes me. hello, mr. cramer. thank you for helping us understand the impossible in this fickle stock market. raw store and family dollar. so do i. will you consider conn. do you know something?
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i'm old enough to remember when circuit city was a growth stock. best buy was a growth stock. these were foe nominal. this is in the early stage. that was before amazon. i think that you necessary conns and three up and five down. that's not a good risk. let's take some tweets. kick it off with mark n 44. you recommended crzo. what caused the big bounce and based on foreign oil prices, is it good to be in. understand what i said. i said if we had a lot of natural gas and it wasn't going to work anymore, i have been featuring on a couple of oil stocks and have been adamant that oil is not going up. you can hold o but you have to understand, i do not like the commodity names. i am trying to make that point every single day for the last five days. here's from@wrw va.
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he writes #time for win to go in the doghouse. i was disappointed in the quarter they tried hard to put their face on the pay tech acquisition. they pay here and talk about it. i was kind of in shock. i don't like to see that company be anything inconsistent, but we hope for consistencconsistency. we know what happened to the other stocks. stick with verizon. here's from from@glaxo smithkline and abbott, who has higher growth prospects according to you. listen to "mad money." here's the view. abbott is splitting. one piece of that will be incredibly growth orient and one has a good yield. next i would own crist ol
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when did the ceo jamie dimon learn of the fiasco. the whale story out of the london shop was a 10% of the tea pot. why, why did he just come out now. if you peek to analyst from david gregory in "meet the press," now? finally, how as in how the heck did it happen in risk controls to cap this kind of thing. it checks the intense anger i feel from having been caught from action alerts plus.com known as charitable trust. i do truly regret that i play with an open hand. i have to admit that i have been bad and i own it. dithe trust and i own it. i can't say it's jamie's fault. the truth is the trust had no business ownering it. even the best one. it did anyway.
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i thought jail wouldn't put on the stupid position like this or at the least he would catch it early enough to never get the false reassurances and the two billion. i don't want his apology, i want action. even if they may be honest. when you care to lose two billion smackers, someone has to pay. the next bunch of clowns that take on too much risk know that there is a high price to pay for the financial mess and want jamie to give back working for the bonus of the year. that speaks much more loudly. i do want the regulators to be tough and one of the things that jamie gregory will say on "meet the press" this sunday. >> the immediate question is the sec is looking into, did the bank break any laws and did they violent accounting or sec rules? >> we ordered legal compliance
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or the best people on all that was? we know we were sloppy and stupid and we know there was bad judgment. of course they should look at something like this. that's their job. we are open with regulators and we will come to our own conclusions and we want to fix it, learn from it and be a better company when it's done. >> that are brings me at four ws and a y. what was the point of this? why was it not caught? i believe in him. i think he is honest and i consider him the smartest guy in international banking. the best controls are around. what does that mean. i think it means that some businesses and some risky strategies couldn't be understood by the best of breed. that's huge from the financial engineers and those who believe they can be rained in. i want to own businesses that everyone can understand and where the ceo can be on top of things and quickly what's wrong and candidly, that means i don't want to own jpmorgan.
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stick with cramer. i look at her, and i just want to give her everything. yeah, you -- you know, everything can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em?
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just walk right in and talk to 'em. dude, those guys are pros. they'll hook you up with a solid plan. they'll -- wa-- wa-- wait a minute. bobby? bobby! what are you doing, man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. and then treats day after day... who gets heartburn well, shoot, that's like checking on your burgers after they're burnt! [ male announcer ] treat your frequent heartburn by blocking the acid with prilosec otc. and don't get heartburn in the first place! [ male announcer ] one pill a day. 24 hours. zero heartburn. the teacher that comes to mind for me is my high school math teacher, dr. gilmore. i mean he could teach. he was there for us, even if we needed him in college. you could call him, you had his phone number. he was just focused on making sure we were gonna be successful. he would never give up on any of us.
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you do a lot of no.aking? look i'm going through the rapids. okay... i'll take it. sync your card with facebook, foursquare and twitter for savings. that's the membership effect of american express. a living, breathing intelligence helping business, do more business. in here, opportunities are created and protected. gonna need more wool! demand is instantly recognized and securely acted on across the company. around the world. turning a new trend, into a global phenomenon. it's the at&t network -- securing a world of new opportunities. ♪ won't forget to watch jamie diamond. i think he is honest. my question is can anyone understand these
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