today is national juicy lucy day. i'm going to eat this and stop talking. hopefully i'll see you in new york tomorrow, weather permitting. >> best of luck trying to get back here. that does it for here on "street signs" on this market record-breaking day. "closing bell" is continue watching this market all the way to the close, guys. see you tomorrow. hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo. we are getting ever closer to dow 15,000. hello, tyler. >> i'm tyler mathisen in today for bill griffeth, coming to you from cnbc local headquarters. and on today's show, a busy rundown. it is a market that just wants to seem to go higher. another day in the green for stocks and we are on track now for new records for the dow and the s&p 500. we continue special coverage of this historic rally and give you some investing ideas, if you have new money to put to work in

the market, even at these levels. >> yeah, also another first on cnbc interview coming your way. billionaire elon musk will be joining us in a little bit. the tesla founder, embroiled in two battles. one with texas and one with sarah palin. both centering around his high-end electric cars. you do not want to miss this interview. and to see what musk has to say about that business. stay with us for that. >> and maria, former apple ceo, john sculley, giving some advice to apple's archrival, samsung. what's the advice? we, he thinks samsung should hire former jcpenney ceo, ron johnson. sku skulley's here to explain why in an exclusive interview. >> let's get to the markets as we approach the final stretch. take a look at where we are. a gain of 64.5 points. earlier today, the market had been lower, lower down as much as 17 points on the dow. the high, up about 85 points on the dow industrials. and as you can see, we are holding on to a double-digit

move. nasdaq up 3.5 points, yesterday nasdaq was the best performer. let's get a check on what's sending the s&p to new heights. >> just off the highs, two to one advancing to declining stocks. it's been basically straight up since bottom, that was friday, just after the open, after that lousy jobs report. broad advances. what do i mean by that? look at the sectors. when you get material stocks advancing as much as consumer discretionary, consumer staples and health care, everything moving up, that's a broad market advance. people ask me, what do i mean when i say the market's going pa parabollic. we're up another 20 points. this is a very dangerous time, but also a time of great opportunity. we don't how long this is going to go on. but you could make some very fast money very quickly right now. how about some sectors? take a look at the retailers. march same-store sales came out.

here is the good news. the bad news is, fairly small increases in sales. and maria, this is not a lot of companies reporting anymore. only 14 out of 120 publicly traded companies report on a monthly basis anymore. finally, computers, computer chip companies all to the downside. no surprise there. but barclays also downgraded the entire semiconductor business. you can see some of the names involved in commuting to the downside. back to you. >> bob, thanks so much. i want to break down this market right no with our special guest. mario gabelli heads gamco investors. >> always a privilege and fun to talk stocks on the floor of the new york. >> exactly. i know you're not looking at the macro stock market, you're a stock picker, but you're finding value in some of the deal flow we're seeing. explain that. >> when you see a transaction like heinz, where warren buffet and an lbo comes along and buys a company, it lifts the other companies like general mills, because they're starting to say,

hey, what's warren laooking at? he's looking at cash flow, so that's an important element. and when ge bought lufkin, it lifted the ship of related companies because of his, their commitment to go into shale and fracking. and so companies like weatherford, which we like, are an example of that. >> do you think we'll see more deal flow in that space, where weatherford is? where do you expect the most deal flow to lift these boats? >> you'll have a lot in the health care area. it's not an area which we have a very deep, strong core competency, maria, but we have individuals like jeff jonas and ken kendra working that area and we're finding good ideas there. but the economy, the clear path is housing, it's energy, and in addition to that, it's vendors to the boeing and airbus. if you're looking at a way to play india and china with a rising middle class and high propensity to travel, a high 1.5% to travel in boeing, and benders to boeing we like, like curtis wright. ively gi you more names.

>> you know, mario, the last time we were together, you were very excited about energy and you've added now this extra fill-up of the possible deal flow that could come into this area. is it really mostly the fracking that has you so juiced about energy? and what other companies besides weatherford and the other one that you mentioned du ed do you your eye on? >> we like to look at natural fuel and gas, natural fuel is about a $60 stock. and it has 80 million shares. it's a $5 billion company located in buffalo, new york. utility, midstream pipeline, which hopefully they convert to an mlp, tyler. and in addition to that, they own that acreage in marcellus. that's a very prolific fine. it's good for the united states and our balance of payments, good for our deficit, and good for creating jobs in the united states. so we like national fuel and we like weatherford as a play on a -- once day get past this foreign practices dynamic and some other minor issues, not

necessarily minor, the company could be 50% to 100% up in the next 12 months to 18 months, after they get past the fcpl. >> i would like to get your thoughts on the broader market, and put it this way, who's going to state hotter longer, your beloved new york knicks or equities? >> that's a great yes. they've positioned themselves. but msg was a spin-off, part of financial engineering, a deal that maria started me, and financial engineering, they split up cablevision and amcx. last time i was down on the floor, i talked about "the walking dead," and somebody smirked, but the stock is up 50%. amcx is 54, madison square garden is 58, maria. so, it's a double dribble. >> but when you look at the broader market, you have to have a strong market in order for a lot of these ideas to work. i want to get your opinion on what sam zell said yesterday. listen to this, mario, because he compared the market right now for stocks to the housing market

back in 2006. listen to what he said. >> every single day it goes up. every day in 2006, the housing market went up. what was the number one headline every day? housing prices going up. what are you talking about every day now? new high on the stock market every day. i just think that we are suffering through another irrational exuberance. >> yeah, look, sam is right. and yet he's as the dynamic went from being materially undervalued. and after the bernanke came out of jackson hole, they put more money into the system. he's joined by mario draghi and now corona in japan. so that liquidity was designed to reflate housing and reflate financial assets. and so an area like the stock market that we want to participate and not through mileless investing.

companying like t. rowe price, cheap stock. leg mason, the stop is going through a rewrite with the ceo sullivan coming on board. maria, the stock is $32. >> right. >> a $1 billion nol. i want to participate that way. >> how do valuations look to you? you can't really say that the valuations today are like they were in the dot-com boom. because they were off the charts there. you're talking about 14, 15 times earnings -- >> maria, you're dealing with a broad brush. i want to go down and look at cable stocks, like chatter is up sharply since rut ledge took it over. time warner cable is up sharply since it was spunoff, and cablevision is down. cablevision, one they get past this first quarter, is going to start looking 12 months out, like a bargain at 14 and change. >> and there's real momentum in the group. again, lifting a lot of boats. but cablevision, you're say welcome hasn't really performed. >> well, that's good. >> yeah, that's good. >> you know, i can't hit home

runs all the time. look, the knicks were on the road show and they lost four in a row. now they look like a team. >> all right. >> but indiana will be an interesting game on sunday. >> we'll be watching. mario, good to have you on the program. >> always fun. >> mario gabelli joining us. >> a stock picker's stock picker if ever there was one. let's take a look at some of today's big movers. josh lipton here with the details. >> a roundup of some names making headlines today. ross stores, nice move on solid volume, reported a surprise 2% rise in march. same-store sales also saying it's looking for first quarter earnings to be a bit above the high end of its forecast of $1 to $1.04 per share. ross up some 19% this year. another to mention, chipotle, josh brown listening to a conference in new york said, gundlach announced a new idea and it's a good one.

pc sales nose-dived 14% in the first four months of the year and that was the biggest decline in two decades. hewlett-packard in the red as well as microsoft, which goldman sachs downgraded to a sell. in other news, par cleys downgraded semis to neutral. they say the growth profile in semis is much slower than many expect. also talking about a much smaller snapback in earnings, which means some semis still look relatively expensive. analysts did like one name, though. the upgrade silicon laboratories to overweight ticker slab, up about 4.5% right now. maria, back to you. >> all right, josh. thank you so much. we are in the final stretch of trading for the day. we've got about 50 minutes before the closing bell sounds for the day. we've got a market that is holding ton gains in uncharted territory again. 14,872. nasdaq and s&p also higher. >> and ron johnson out at jcpenney, but is he headed to another retail job? after the break, we'll talk to former apple ceo john sculley

who says this company should hire johnson now. >> and why is elon musk angry at sarah palin? it's a battle being waged on twitter. tesla founder billionaire elon musk is here to tell us his side of the story. >> and we are calling them the rip van winkle trades. what if you've been asleep for this rally. why some experts say it's not too late for the names that can still make you money coming up on the "closing bell." i know what you're thinking... transit fares! as in the 37 billion transit fares

we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready real business. which is...pretty much what we've always stood for. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses,

and we're just getting started. to grow or start your business visit thenewny.com

welcome back. former kpmg partner scott london is about to be arraigned in california. jane wells is at the l.a. courthouse and she's got the latest. over to you, jane. >> reporter: maria, he will be making his first appearance, that is, in federal court, in this courthouse behind me, at

2:00 p.m. pacific to face charges of insider trading. in evidence is a photo from the fbi, a sting of london, allegedly accepting what we now believe to be $50,000 in cash and gifts when you total it all up, from his country club golfing buddy, brian shaw, in exchange for tips on firms that kpmg was working with. let's look at some of those companies. the companies london was accused of trading nonpublic information on include herbalife, sketchers, deckers outdoor, all based in southern california, as well as allegedly ticking shaw off ahead of two mergers, rsc holdings by united rentals and pacific capital by union bank, to a total of illicit profits to shaw of $1.2 million. shaw, when confronted, began cooperating with the fbi in the sting operation against london. he told the fbi that london always told shaw he was very jitterous in the gifts he was giving and he didn't have to,

but he didn't turn those gifts down. and when he was alerted he was going to put a hold in his account, the criminal complaint said, "shaw said that london reassured him that there was no reason for concern and explained that insider trading was like counting cards in las vegas. if you were caught, they simply ask you to leave because they cannot prove it." again, the two men knew each other, they were both members at the high end country club out of west lake village. no word if bruin shaw will be charged with any crimes. but scott london will make his first appearance here in court at 2:00 p.m. pacific. the court battle -- >> wait a second -- >> -- over martha stewart continuing today, even as the man who replaced ron johnson is seeking a way to end the battle. courtney reagan is inside the courthouse with the latest. hi, courtney. >> hi, governor, there, tyler. well, jcpenney is not confirming that mike ullman has or has not

had any discussion with macy's about the settlement, nor is jcpenney confirming the report that three executives have left the company, but news did just happen inside the courtroom behind me. judge jeffrey owing basically denied a dismissal notion. they say macy's lawyers have met the burden of proof necessary on the claim that martin luther living violated its contract with macy's by designing products for jcpenney in the categories in question. we're talking about the ones that are not labelled with martha's names, but are currently labeled jcp every day. this means that martha stewart's lawyers will have to argue this claim as a part of their defense. they were hoping to clear the decks a little bit and make their defense a little bit simpler, but now they do have to include that. tomorrow macy's is going to propose a broader injunction than what's currently in place to also potentially include some of these martha celebration products that are currently for

sale at jcpenney, things like plastic pitchers and plastic champagne flutes that macy's believes are also in violation of the contract, because they have very similar products, albeit made of different materials. it keeps getting more and more exciting in here, maria, back to you. >> it does, courtney, what a story. thanks so much, courtney reagan. and while the cleanup continues of rob johnson's sudden departure at jcpenney, current apple ceo, john sculley doesn't think he should be out of work for very long. he thinks he would be a great acquirement for samsung. >> do you think that samsung could benefit from the skills he learned at apple to make these stores a hit? >> well, he did a terrific job and was really the creative talent in building the apple store. there's really nothing that even compares with apple in terms of the profit per square foot.

samsung doesn't have anything comparable to that. they have signed a deal with best buy. ron johnson would be a real coupe hire for samsung or best buy if he were to come in and the for them what he did for apple. >> it seem to me, john, that samsung is really gaining on the heels of apple right now. would that be a game changer? getting the right talent in there? do you think that samsung will overtake apple as the leader in this space? >> well, here's how i think about it, maria. apple introduced the iphone four years ago. it was a creative leap that changed the world. but the product was introduced at time when we had apps and we were still 3g. now we have lte, which is a wireless broadband, the big story today in mobile is mobile video. what do you need with mobile video? a big, large, luscious screen. samsung has the best screens. so there's a real opportunity for samsung to take advantage of that difference at exactly the right time, and if they had ron

johnson there, i expect that would be a pretty big coup for samsung. >> can you see any opportunity for mr. johnson to go back to apple? i gather the head of retail position there is vacant right now. >> well, if i were apple, i would be trying to get him on the phone as quickly as possible to at least talk about it. because, he did do a great job at apple. and that job is open, apparently. so i think that the mistakes that were made at jp penny was really not an issue apple and i think ron could go back and probably do a great job. so he's in a pretty interesting position, i think, with either samsung or apple. >> where's the most innovation right now happening in technology? a lot of people worry that apple's actually not innovating the way that it was years ago. >> well, apple is an extraordinary company. i wouldn't worry too much about apple. i mean, i think people are being a little hard on apple, but it's

still selling really well. it actually gained market share with the iphone in the u.s. the big challenge for apple is in the asian markets, because it doesn't have products at the right price points. samsung does. so i would hope that apple will come out with a lower priced iphone for asia. i would hope that apple will continue to improve the types of application services they have. they are in discussions with yahoo! apparently. so apple really has a chance to continue to do very, very well. but you're right, it hasn't had a product innovation in several years with the iphone. >> do you expect it to come out with an iphone that has a bigger screen? that's been one of the things i've been thinking of as i i've transitioned over top one of the bigger android phones that does have a bigger screen. >> i don't have anymore insight than anybody else does in terms of what apple may actually be working on, but do i think a bigger screen is a good idea? absolutely. as i said, mobile video is the sweet spot now and having a bigger screen does make a difference. >> we'll leave it there.

john sculley, good to have you on the program. thanks so much. >> let's go to josh lipton, folks. >> enjoy the masters. >> i bet he is. >> a beautiful day here. >> t's no more beautiful place at this time of year than augusta national. let's go to josh lipton now for a quick market flash. >> bill ackman of persian square speaking at a luncheon in new york. persian square the largest shareholder in jcpenney. and ackman saying he still thinks that jcpenney's shares are worth $75 each. now, they're currently trading at around $15 each. for those of you playing along at home, $15 to $75 would qualify as a 4% surge. ackman also saying that the new chief executive, mike ullman, is, quote, the right guy at the right time. maria, back to you. >> josh, thank you so much. we're in the final stretch of trading here. we have a market that is uncharted territory once again, even though we are off the best levels of the afternoon. about 35 minutes before the close and we've got the dow up 51 points. >> and maria, the banks helping to lead this historic market

rally. tomorrow kicks off a huge round of bank earnings. what will those mean to the market? we'll explain that, coming up. >> also, a bird flu outbreak taking a big bite out of yum brand sales in china. find out if that could make the stock sick. back in a moment. we went out and asked people a simple question:

how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪

the death toll from an outbreak of bird flu in china rising today and so is the financial fallout. michelle caruso-cabrera has the details for us.

>> tyler, ten people are dead. and we now know the outbreak of bird flu started about a month ago. this is a type of influenza that originates in birds. the fierce of a pandemic are taking a financial toll, as you mentioned. yum brands in china say their kfc same-store sales are down 15% in march. they say publicity about avian flu having a significant negative impact on sales. they said that they are educating consumers that properly cooked chicken is safe to eat, but still, it's impacting the sales. next update on their china same-store sales, they say, will come on april 23rd. more than half of all yum sales are in china. they have over 5,000 restaurants in china, mostly kfc. if you look at the after-hours trading when they made the announcement, the stock dipped pretty quickly. it turned positive after cramer recommended the stock on "squawk on the street."

delphi automotive announced they are delaying their investor day due to bird flu concerns. investor day is now moved from october 26th to december 26th. here's the update from the world health organization at this point. they say 38 patients have been confirmed with bird flu in china. ten of them are now dead. there are 19 severe cases, nine mild cases. you can see from this map that they are concentrated in shanghai. we know the earliest outbreak is from march 13th. g guys, we're going to have to watch and see. does this turn into a pandemic is the key question. >> so how will this impact yum! stock long-term? jc o'hara, kick us off. how do those charts of yum! look like right now? >> it looks like a sick chicken. i don't know if that's a technical term, but this chart is pretty close to getting

itself into big, big trouble. yes, there's a well-defined up trend drawn from the 2009 lows. and every time the price drew back to touch this line, it actually turned into a good buying opportunity. we're pretty close now, but my concern is this. we're in a market where stocks are rocketing higher. but over the last 18 months, yum! has actually moved sideway. i want to buy a stock that's breaking out to new high. >> zachary, what about that? the fundamental story we just heard, one of the issues in terms of sales, does that look like the technical side? >> no one likes fried chicken when chickens are getting sick. and i guess the question, though, is unless you think this is going to be a pandemic of global proportions, in which case we probably shouldn't be having a discussion about whether or not you should buy y yum! we should be having a discussion about what inoculation you can get, but yum! trades much more like an

industrial metal than it does as a retail restaurant stock, because it's so tethered to china. it has a huge u.s. presence and a huge presence the germany, but china is the story. so in a lot of ways, yum! is one of these china proxies and i continue to be much more bullish about china. it's weird to say chickens and bulls in the same sentence. so i think yum! is probably a really good buy around here, particularly into the high 70s. >> well, zachary, how about this? if we take yum! and divide it into its kfc brand and its pizza put brand, but i would rather buy buffalo wild wings and i would rather buy papa johns. those are two much better charts than the chart of yum!. >> dinner at your house tonight, that's all i can say. >> i think the fact is, it's a china play, period. and if you believe in the china story, you continue to like this stock, particularly at these levels. >> all right, guys. thanks so much. we'll keep watching that story. we appreciate your insights on it. >> a half hour of trading up and the dow is up 58 points, the s&p

up 5 and the nasdaq is up $1.79. apparently tesla founder and ceo elon musk never heard the phrase, don't mess with texas. and he's in a separate fight with none other than sarah palin. we'll get to the bottom of both of those disputes with him when he joins us momentarily. >> and later, he's a very recognizable face and a voice in the entertainment industry, but actor seth green is also way ahead of hollywood when it comes to the technology curve and getting content to fans. find out how he says hollywood needs to adapt to the fast-changing world of tech, later on the "closing bell." tdd#: 1-800-345-2550 opportunities are waiting to be found in faraway places. tdd#: 1-800-345-2550 markets on the rise. tdd#: 1-800-345-2550 companies breaking through. tdd#: 1-800-345-2550 endless possibilities. tdd#: 1-800-345-2550 with schwab, i search the globe for the big movers. tdd#: 1-800-345-2550 i can trade in 30 different markets tdd#: 1-800-345-2550 to help me seize opportunities,

tdd#: 1-800-345-2550 potentially better returns and new ways to diversify. tdd#: 1-800-345-2550 to get an edge, i use schwab's global research. tdd#: 1-800-345-2550 they give me equity ratings on foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, tdd#: 1-800-345-2550 momentum and risk. tdd#: 1-800-345-2550 i also have access to independent firms tdd#: 1-800-345-2550 like ned davis research and economist intelligence unit. tdd#: 1-800-345-2550 and with my schwab global account, tdd#: 1-800-345-2550 i can trade directly online in top markets tdd#: 1-800-345-2550 in their local currencies-- when the markets are open. tdd#: 1-800-345-2550 plus, their global specialists are on call around the clock. tdd#: 1-800-345-2550 there's a world of winners out there. tdd#: 1-800-345-2550 and now i have a better shot at finding them. tdd#: 1-800-345-2550 now get our best global offer! tdd#: 1-800-345-2550 trade commission-free online through september 2013 tdd#: 1-800-345-2550 when you open a schwab global account. tdd#: 1-800-345-2550 call 1-800-308-8414. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7,

you need an ally. hello? ally bank. your money needs an ally.

welcome back. take a look at tesla motors, up almost 4% right now. a new york judge just ruled in tesla favor, dismissing a legal attack by auto dealers to prevent direct car sales. tesla's billionaire ceo, elon musk, winning a similar rulings in massachusetts, and now he's pushing to change a law in texas to allow tesla to sell its electric cars directly to consumers rather than through dealerships. >> elon musk joins us in a first on cnbc interview. he's on the phone with us.

mr. musk, why the big push to avoid car keedealers in texas. what's the issue here? what's your pitch? >> well, i think a lot of value in being able to rethink the whole buying process of the car. i mean, today a lot of people, when they think about buying a car, they don't think of it as a positive experience. and at tesla, we really want to change that as something that you look forward to, that you enjoy, and that you want to do again. and that's just not how buying a car is today. and we think that it's done probably more efficiently and more responsive to the customer. >> is it not in the dealer's best interest to sell the electric car versus the cars in their showroom. and as a result, are they not doing a good job, in terms of pushing these cars off the lot? >> the problem is that in order to like a car, you really have

to advocate for why it's better, in that the car is quieter, doesn't have emissions, safe, save up to $200 to $300 a month in gas money. the operating costs are lower. an electric car also needs less service. you don't have oil changes, filter changes, tune-ups, and all that good stuff. and a lot of dealers make their money on services. and our deal at tesla, we want to make no money on servicing. >> why can't you set up your own -- get around the law, if you will, by set up your own sort of small dealer network. could be a guy working out of his own garage. you don't need big showrooms like chevy or nissan or whatever? >> right, the law to restrict them in the country in this regard. to go to the dealer, and it's in a terribly restricted matter.

so i think very [ inaudible ] on the free enterprise space. i think that's largely true. but in this regard, it happens to be the least free enterprise in the country. >> what happened -- elon, what happened between you and sarah palin? this social media skirmish that you had. she called tesla an obama-subsidized loser that turns into a brick when the battery completely discharges and then costs $40,000 to repair. you were a bit tongue and cheek, i know, in your tweet, but you say you're deeply wounded. what happened? >> yeah, i was shattered, i mean, such a -- that's a tough blow to recover from. but i think i've managed to pull myself back together. >> let's talk about your bottom line and how the company is doing. on april 1st, you raised your

first quarter guidance to full profitability. the cars are selling better than some other hybrid, not purely electric cars. how are you going to keep moving into and staying in profitability in subsequent quarters? >> that's a good question. we're seeing really strong demand for the car and one of the things i'm doing right now that i think is very important is to shift the focus from an outright push of the car to answer if push. instead of buying the car outright on cash, buying it on a finance business. something we did with solar city and it had order of magnitude accessibility in the product. because with an electric car, you've got a monthly payment, you directly compare that to gasoline and the savings you would not having oil changes and all the things you have to maintain in a gasoline car and all that other stuff. >> elon, thanks for being with us. we so appreciate it.

the issue is that the audio's not great. but we appreciate your time. hopefully you'll come back in person real soon. >> all right, will do. thanks. >> we're in the final stretch of trading. we've got a market holding on to the gain, 63 points higher. about 20 points away from its high of the day. >> and up next, maria, two top strategists will give you the one stock to buy now if you've missed out on this big rally. we are calling them the rip van winkle trades. >> and later on the "closing bell," more on this stun ining kpmg insider trading trial. we'll talk to the attorney on the case, andre biroth joining us.

let's say you just woke up after sleeping through this entire historic rally. so what is the one way you could still make money in this market? bertha coombs looks at the so-called rip van winkle trade. bertha? >> tyler, you know, that may be how a lot of investors, individual investors, who have been leery of the stock market are feeling. about two-thirds of s&p 500

stocks have seen double-digit gains, up 10% or more, already this year. scores of blue chip stocks are at historic highs, from 3m and pentary and the industrials, gilead sciences and biotech, and a lot of consumer and media names, like home depot and disney. jason segel says don't chase growth, look for value and cash. dividends. >> i think that is the source of income, to, you know, individuals retirees, the baby boomers looking forward, they're going to get inflation protection, they're going to get growth. >> look for stocks with less expensive price-to-earnings ratio than the high flyers like car rental from avis says lyrical asset management andrew welton. he says look for those value plays that people may not love. and art hoegen at lazard says, go for apple. the unloved is set to rebound, he thinks. back to you. >> all right, bertha, thanks so much. bertha coombs. so if you had to pick just one stock right now, what would it be?

our guests have some answers for you. >> it's peter sorrentino and mark minervy and author of "trade like a stock market wizard." mark, since you're the wizard, give me the one stock that you like right here. >> well, i'm actually forced to pick just one stock, because i was actually short the market just a few days ago. i got knocked out of my short and had to turn around and start finding something to go long. i only own one stock right now and that stock is linkedin. >> come on, mark, doesn't that make you vulnerable? all you own is one stock and it's linkedin, what if this stock plummets? >> i don't have my whole portfolio in that, but that's my first toe in the water. we were long linkedin a while back, made some money, got out of it. it's digested the earnings quite well. 13 million shares pile into this stock on the earnings report. and that's not your aunt betty

going in there. that's institutions piling in. and better yet, it's held up very well since then, so i think the stock can go even higher. >> very interesting. peter sorrentino, what about you. what's your one stock? >> right now, i'd have to say i would go with dupont. a variety of reasons, some of which were covered in the previous commentary. the valuation is very low in a market trading at almost 22 times normal as earnings. you can pick up dupont 12 1/2 times. you'll get paid 3.4% dividend while you sit and wait. the company is going to benefit longer term from onshore someplaces of hydrocarbons. they're about 30% of their businesses are in agriculture. we think that's a growth industry, going forward. more uses for slow power create more material needs, dupont's in the forefront of developing those. so, that's a name that we like in here. and again, if you've missed this rally and don't want to chase a name, want something where the valuation is reasonable, dupont makes a lot of sense.

there's not a lot of expectation here. >> mark minorvini, what were you thinking there and what do you think now? >> well, we had some sell signals kroo sz the board. our stocks were breaking down, we had some distribution in the market. but i am a trader and use tight stop-losses. if i'm wrong, i get out very quickly and very quickly it proved to be wrong. one of the reasons i went short was because the market was rolling over, but then unemployment, or the employment report came out, and that weak report is going to tie the hands of the fed and make them continued easing and that feared some of those concerns and that spiked the market. >> gentleman, thank you. >> by the way, i know, mark, it's mark minervini, with a name like bartiromo, i get that, but mathisen doesn't. >> i put the norwegian

pronunciation on that. nasdaq is up a little bit higher. >> so what happens now, ty. both of our next guests says this market has nowhere to go but up. we'll take a look at their bullish case. >> and can housing recover give an even bigger boost to wall street? answers you can't afford to miss in today's big data download. check it out at bigdata.cnbc.com and on our cnbc mobile app. revolutionizing an industry can be a tough act to follow,

but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪

it is a market that just does not quit and our next guests say there is more room to go higher with u.s. equities leading the way. >> yeah, with us right now, jonathan gloouk from ubs and andre. thanks so much for joining us. so we know this is fueled by the federal reserve on the one hand and perhaps fueleded by some better economic stories in the u.s., but does it just keep going up? i mean -- i don't think so. i mean, i hate to be the bear, but if you look at the economic data over the last month, it's actually been disappointing. the inflation expectations have

been coming down, commodity prices are coming down. yields on treasuries coming down. all of it basically says, everything is pointing to a down market except equities. >> right, so do you want to fight the momentum? >> i think, ultimately, this thing is going to roll over. you're seeing all the signs. the defensive leadership, all that's telling you this trade is really long in the tooth. >> what do you think? >> i think it's okay to say that there might be a correction, but i prefer to be wrong tactically, but get it right strategically over the next couple of years. and when you look at it from a strategic standpoint, what are your other options? bonds are much more dangerous in my opinion than equities, considering where interstates are right now and cash is not yielding you anything. i think equities have had a good wrong, but they continue to haved a a good run. >> what about jonathan's point? valuations excessive? not really when you compare -- >> all right, so you want specifics? >> yeah. >> this quarter, the market's

expecting zero earnings growth. two of the last quarters had negative earnings growth. it's very hard to see a market move forward with no increase in profits to speak of. so that ultimately, it's not this train wreck that's going to happen. it's just a lack of economic and earnings power. >> tyler? andre makes the counter argument, which i think you will, that you see a brighter, in terms of corporate profits, a brighter second half than a first half. >> earnings don't necessarily have to grow at a very rapid pace for this market to continue to move up higher. if you still have single digit earnings growth and you see confidence start to recover, you can see multiple expansion accompanied by a little bit of earnings growth. that can actually continue -- >> but does that make any sense? yesterday, sam zell comes on the program and he says, remember what the housing market looked like in 2006? prices were going higher for no reason. we kept talking about the price of a home going higher. what are we talking about today in 2013? the price of stocks keep going

higher. record after record. and does it make sense fundamentally? well, under 1% earnings growth for the quarter. >> also, if you think about where the s&p is right now, where it was ten years ago, earnings have doubled since then. yes, prices are moving up higher, but the fundamental story is a lot stronger the last time we were anywhere near these type of prices for the equity -- >> let me just jump in here. are we one north korean missile test away from is a 200, 300-point drop in the dow? >> well, tyler, we're always, you know, if you have that event occurring, where something goes, you know, really awry on the international stage, yes, the market's going to take it on the chin. but i think the real risk here is not an event, is literally what maria was talking about, which is if you have no growth and the market's going up just because, those things tend to stop. my expectation going into the year was that earnings would grow around 4%, the market would grow about that, the market's up a lot more. i think it's going to give a bit

back. >> so, having said all of that, how do you want to be invested right now? you're not completely out of the market, right? >> no, we put out a piece today, reiterating why we think health care stocks are going to do well, even though they've been doing well. you have areas like biotech that, you know, have very strong earnings prospects. hospitals should do really well as we go into '14 on the back of obama care. consumers holding up really well, and the earnings picture there is more attractive. so there are spots you can make money. >> it's funny you say that. health care has been one of the best performers. so you like health care, even though it's been a good performer. >> and i put the buy on it in health care, in mid-november. and it's easy to say cash moves. so i'm saying the market is going to roll over, but something's going to sell off are the cyclical stocks that didn't ride up. so the materials, the industrials. that's going to give up, not the more defensive stuff. >> is that what you're buying, andres? >> health care has more room for

error. that's the way i would put it. if there was going to be a correction, valuations are already pre-pricing and health care and high-dividend yielding stocks. while the cyclical stocks really never saw the type of momentum move up that the more defensive sectors have. >> we'll leave it there, gentleman, great arguments on both sides of the story. appreciate your time today. >> all right, maria. we're going to come right back with the closing countdown with your stocks moving a little higher there on the dow, up about 54 points. >> and speaking of biotech, after the bell, find out why celgene says president obama's budget is bad. you're watching "closing bell," on cnbc, first in business worldwide. are you still sleeping? just wanted to check and make sure that we were on schedule.

the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. [ male announcer ] this is joe woods' first day of work.

and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest.

he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. time for the closing countdown. about three minutes left in the game today. the dow holding on to a 62-point game at 14864. 140 points away from 15,000. what suspense there, whether the nasdaq is going to close positive or not, and above 3,300. there's the nasdaq at 1593.23. back with us, alan valdez. why don't you try to insert yourself into the debate we just

had about whether the market can go higher from here and what the impediments might be. >> i definitely think the market is going to go higher. a couple of reasons. one, the feds push with the $85 billion a month, that's a good thing coming into this market. and short coverings. that's probably coming to an end. but, you know, all for all, it's this computer programming that people are so afraid about. these guys, they pick a level. it's not like it was in the '80s, when people will say, okay, i want to get out of the market. these programs are geared toward resistance levels and support levels. you don't see the that major correction that people keep talking about. you may not even say it. but the $85 billion a month coming into this market will keep fueling this rally. >> alan, a little more activity than usual on the floor here. what are you seeing at the end of the day. feels like we're moving up towards the highs again as we approach the close. >> i think alan may not have heard you, maria. >> no, i got you, maria. i think we're going to keep on going higher. i don't see this momentum stopping today.

i think, tomorrow, we've got some big news out of the financial sector, but earnings, we'll see what happens there. but i think the rest of the day, we're going to keep on closing up here. >> alan, where's the money coming from. do you have any sense of that? is it large institutions, do you sense it's individuals coming back into the market? is it european money, japanese? got any insights for us? >> a little bit of both, actually. cyprus helped us. we do a lot of european business, and a lot of europeans are afraid of what's happening in cyprus. could it spill over to other nations s nations, italy, france, spain, portugal. they are m coing to america and the safest haven are blue chips. and you'll see small clients get back and your small retail guys are starting to put your toe back in. they're not jumping in, but getting back in. whether you believe this market or not, if you're on the sidelines, you're missing great plays. you have to be in the market right now, you really do. >> alan, as we wrap it up, thank you so much for being with us, as the closing bell gets ready to be run,