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tv   Mad Money  CNBC  July 31, 2013 6:00pm-7:01pm EDT

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>> what? >> sweater vest. time for the final trade. tim? >> mosaic yesterday. stay in that trade. >> brian kelly? >> sell vgk, sell europe. >> karen? >> foot locker. >> guy? >> see you tomorrow at 5:00. "mad money" starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." i just want to try to make us some money, although i happen to have a few friends with me in the studio tonight. not just to entertain you, but to educate you, so call me.
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you can base your whole investing philosophy on what the federal reserve might do next. ♪ or you can base it on what stocks will do next. ♪ and i got to tell you, investing in stocks is a heck of a lot easier way to make money than investing in the federal reserve. while so many people seem to hang on the interest rate, some contributed to the bla performance of the averages. nasdaq advancing, it's the stocks themselves that determine whether or not you made money in your portfolio. individual stocks give you plenty of ways to win even as the fed continues to provide positive backdrop with its statement about keeping interest rates unchanged for the foreseeable future. let's talk about the ways people are winning on this, the last day of july. still one more month when the
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s&p 500's had a huge gain, up more than 5%. completing a vicious mocking of those who sold may and went away. how about buy ma and go away? now, that's something that workeded for you this year. why don't we just tick them down so you know where to spend time doing the homework. first, some powerful bull markets going on right now and they are on display in a huge way if you had studded the market. in biotech, perhaps the best one going today. more gains. the other day, i was grabbing a little ditter an panera on the way home and a terrific woman stopped me and said, you don't say enough good things about cellgene. i was placing a real complicated order on a signature salad, i had to stop for a second and
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say, you got to be kidding me? i saw something good about cellgene almost every single day. she smiled and said, i know, you really like the stock. but the more i thought about it, the more i realized she's right. one more fab los day for celg. what may be the most amazing biotech stock of all time. it's remarkably inexpensive if all the approvals i'm looking for come through in 2014. it's not just big biotech where the money's being made. no. we interviewed the ceo of a terrific little company called trius therapeutics. tsrs. and the more i looked into it, the more i liked it. that happened because a caller said we should do the homework on it. oh, yeah. we said it turned out to be, we thought kind of the summit cupid's pharma. another one of our favorites.
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they're working on superbug antibiotics. viola. today, cuba's bought trius and a 160% gain less than three months ago. she making a bomber -- plus, the buyer, none other than cubus. how about this heavily shorted quest core forum? stock rallied 14 points after the 52 basis. frankly, it's been too hard for me to fathom. bull market and spirits was in fine spirits with anheuser-busch symbol, bud and jw, both delivering good quarters. it gave me a fantastic time that i bet does not produce a hangover tomorrow and boston beer, the maker of sam's, sam adams, reported a solid beaten raise after the close.
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these craft beers are still on fire. how about some other ways to win. how about by following money, as reported on by david faber and scott wapner. said that bill ackman might be buying up shares of air products. if you listen, it picked up three points today on top of the seven that were available. you can also follow the money at carl icahn, which leads 10% when cnbc broke the store today that george sir ross had taken a big stake. while ackman tightens the noose on -- who cares? you make money following both. again, lots of ways to win. in a bear market, what do you want to do? you want to bet with the short sellers like bill ackman. but in a bull market, you want to bet with the concept guys. cold stocks and once again, if
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you bought netflix and tesla, if you like the car, you like the product, i understand why you're buying it. these are two incredible winners in 2013. they remain popular favorites with the crowd you have to go with when the crowd has you and the tape is your friend. i know facebook today pulled back. remarkable non-stop move from the $26 level where it last reported my larger position and my charitable trust. the stock is due for a fall. thank heavens i'm back to even crowd rang the register, but you know what's gotten hot again? apple has been quietly moving up. stock oes cheap and you get a big move in the president decides this weekend to lift a ban against apple, one that samsung position ed for, that would block it from selling the popular apple 4 to at&t. samsung won a trade suit.
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but if obama overturns the block, which he is allowed to do, i think you can get another leg up in the former market darling. sometimes, all you've got to do is follow the money to make money. we've seen the fertilizer stocks just crushed. that leaves more money for farmers to buy equipment. we do the homework, we think, yes, cramer at add cocorp. which makes tractors a dynamite quarter this morning at a buck 36. i put together what the ceo said with what was on the tape with what went on in the quarter and i think this means there's lots of upside. buy, buy, buy. now, here's what i think really matters about these opportunities. they only exist for those who do the homework and recognize you don't need to sit there and fret every move the fed is going to make. right now, there's this vast perception that the federal
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reserve might take away its magic carpet at any moment. all year, there have been people paralyzed waiting to see what the fed will do. there are people who hang on every word the fed will say. they are too scared to make a move, but the moral of today and so many other days like it, profits are going to those who do their homework, educate themselves. those who buy individual stocks with consistently positive stories all make the money. bottom line. you can't make money in stocks if you sit around thinking hmm, one day, i will wait into stocks. if you do work at home, follow money, follow into bio tech, into spirits, and where this extraordinary growth, one day, the fed will stop helping and you may regret it. this, one of the most bullish months of 2013, the win belongs to those who are good students
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and i bet the rest of 2013 will be no different. questions. >> my name is emily. glad to be here. a couple of years back, i got a tv and canceled my cable subscription and i know a bunch of people who have done the same. i want to know what you think the switch to internet based tv would do to cable companies like time warner cable. >> i work for comcast and it's a good company. if you want high speed, they still go back to cable. the ads were extraordinary. operating cash flow was bountiful. whatever people think is happening at cable companies, it's negative. it's actually a positive and that's why the stocks have been so remarkable. yes. >> i'm from detroit, michigan. i'm wondering what you think the recent bankruptcy is going to do to ford. >> ford is going to have no impact. malawi, great thing to do with the natural gas. i think it's going to go to 20 within this year. maybe as high as 23.
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do not worry about ford in detroit. they are separate from each other. that's it? okay. don't let the chance slip by of the last day of the most bullish month of the year. the win belongs to those who do the homework and are in the arena. the loss, bye bye. we'll be right back. >> atomic action. buffalo wild wings chewed through wall street's expectations as it slatherred on the profits. the stock's been a wild winner in 2013. but is the future mild, medium or hot? don't miss cramer's exclusive with the ceo and later, well traveled? the travel sector has been experiencing its share of turbulence. trip adviser headed skyward after earnings while expedia's flight was grounded. tonight, cramer checks in on price line. is it looking five star or more
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like a bates motel and cloud computing and health care technology drive the stock to all time highs. is this healthy run over or just begun? cramer's giving his prognosis all coming up on "mad money."
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after a series of mixed or disappointing quarters from many restaurant chains, last night,
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one of our favorite stocks in the sector, bwld, knocked it out of the park. this sports oriented bar that i happen to love going to, we expected it's going to open its thousandth location early next year and delivered some terrific result. although the stock initially got hit in after hours trading, i think people didn't know what they were doing. $5.89 today. going into this quarter, a lot of people were worried about the surge in chicken wing prices since mid may. slightly better than expected revenues that rose year after year. buffalo wild wings actually saw 140 basis point cost decline. pretty amazing. the one piece of hair here is that the same-store was only up 4%. but the costs seem to be accelerating from a low lull in
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the middle of the summer. right now, about 66% franchised. going forward, management plans to shift toward developing more franchises, which saves more money. look, it's the same model that's worked well r for dominos and we've been liking that from 10 to 60. now, they've given you a 95% gain. it's up 11% since we last spoke with the ceo. after this quarter, it's gotten more room to run. let's talk to sally smith to hear more. welcome back to "mad money." >> hi, jim. thanks for having me on. >> it's an amazing quarter. people were saying the costs are going to be out of control. actually, they were better contained this quarter than they have been in the last couple of years. >> they are. the lowest than in the last eight quarters. just at 30% just slightly above,
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so very pleased with how we've been able to maintain our costs and control some of our controllable costs as well. >> i know there's a couple of things that we can worry about cost, but what i look forward to is the nfl schedule. the nfl and ncaa are playing right into fans. >> i'd like to say we had something to do with that, but we're all anxiously awaiting football season. in fact, in the third quarter here, we'll have an extra week of college and nfl football that will impact the quarter favorably. >> i think some people will be skeptical and say, it's just one game, but there's just a tremendous amount of money made around every single nfl game. >> we like to think we are the destination place to watch the nfl. we will hold more fantasy football draft games this year teams this year going into football season gives them a reason to come back. not only watch their time team,
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but watch the players that are playing on their fantasy team. >> couple of things that have happened, i think people who go through now are surprised. you've changed your portions. you're no longer doing the same kind of wings. are people liking it or not? >> the response has really been favorable. when chicken wings started getting much larger, we were having a yield problem and we wanted to be able to give the guest a consistent portion of meat with their chicken wings. when they're smaller, they'll get more. when they're jumbo sized, they'll probably get the amount they're used to and we rolled that on july 15th and so far, our team members report the guests understand why we're doing it and they like the consistency. >> and you made it clear in the conference call that while there was a lull in the middle of july, that things have come back strong. obviously, the portion change has not affected the change. >> from everything we can tell, the change to portions has not
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had an impact. we had one last pay per view event in july, but as we go into football, we know we can make that up. >> two ore things that i thought were important. one pizza rep. is this a second concept? or just an experiment? >> we identified that some years down the road, we'll need another growth option, so we're looking at small concepts and we announced we made a minority investment in pizza rub in march this year. custom made, made to order pizza and we're going to open a company owned unit or more in minneapolis with the goal of having the first one in the first quarter of 2014, so we think this is an opportunity. we're looking at very specific kinds of companies this we think can provide that growth opportunity for years to come. >> the other thing that kind of shocked me, you and i have talked many times about how i
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think that it's one of those names that resognates throughout the world. four franchises in the fill feen sns. >> that's a franchise agreement for five new locations in manila. we've been working on this with a great franchise group over there and we're very excited? they could have one open by december this year. >> and when is your times square and your hartsfield stores open? >> well, atlanta airport opens in the next couple of weeks. very excited. the world's busiest airport and our franchise is doing everything he can do to get that location open near times square by new year's eve. >> of course, you'll invite mad money and we hope to do the show from that store. >> i'd love to do that, jim. >> i know my executive producer would say, why are you booking this right now? the answer is because i think it's going to be a line out the door and i want my brand to be affiliated with your brand. you have a new beer. does that matter? a new craft beer.
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>> boy, it seems to resognate with our guests. red hook brewery brewed this for us so it goes with our wings. it's a craft beer at a price just below craft and above domestic premiums. it is in the first two weeks, the number four beers. >> i was hoping people would get in, it have a dpraet opportunity. just a fantastic job. thank you for calling mad money. >> thank you, jim. always great to be on your show. >> sally smith, you see what's going on. this company's making major changes. doesn't even need to, but she keeps trying to improve. sally smith is a bankable ceo. >> coming up, well traveled? the travel sector has been experiencing its share of
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turbulence. trip adviser headed skyward after earnings while expedia's flight is grounded. tonight, cramer checks in on price line. is it looking five star or more like a bates motel? 0 we do? i took the trash out. i know. and thank you so much for that.
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we had a real what the mek
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moment last week. the kind of insanity that only happens during the heat of earnings season. trip adviser comes out and it blows away the numbers. causing the stock to soar 16% in a single session the next day. then on thursday, we hear from expedia, the big online travel agent, which you think would be in the same ballpark. it reports a disastrous miss and the stock falls nearly $18 or 27% the next day. >> the house of pain. >> so, what gives? how is it you have two online travel places reporting right on top of each other and one knocks it out of the park while the other delivers a miss of titanic proportions? trip adviser used to be part of expedia. shouldn't they be reporting similar, not wildly divergent
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resul results? should we take our cue from the terrific trip or the excrop excropal expedia? first of all, you need to understand that while these companies operate in the same area, they're not in the same business. expedia is on online travel agent. it makes its money selling you plane tickets, hotel reservations and rental cars. trip adviser on the other hand is really a social media play. people come there to find reliable travel reviews and the company makes the vast bulk of its money selling advertising plays. so, is the take away here that selling ads is a better business than selling the flights and hotel reservations themselves? no. it's more complicated than that. so, you need to understand that trip adviser has made itself into a power house. taking a vacation or business trip and do the slightest bit of
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research online, the odds are good that you'll end up on a trip adviser site and stay there. it's a huge number of referrals from trip adviser. it's incredible how powerful the darn thing is is. that means who ever gets the most -- thrives. now back in january, trip changed the way its website. before when you searched for a hotel in miami, expedia would meet meet immediately pop up. there's less traffic to the price lines and expedias of the world, but when people get sent to the online agencies, they're much further along in the process now. which means the conversion ads are much higher. in order, when somebody gets sent from trip adviser's site to priceline, they're able to book a room and as we learned from the quarter, turns out this new model is fabulous for trip
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adviser, but does that mean it's horrible for the online travel agents? not necessarily. so that its listings appear on top. it's competitors tore it to pieces. in short, expedia doesn't have the drive power to compete on the trip adviser auction right now. plus, they had specific issues. they acquired this trevago and expedia's had real changes getting the brand up. now, lie i like trip adviser after this ride. this last quarterly report made me a believer. i think the real solution to this expedia is that you need to buy -- priceline. which has been my fave is whole way. we know from trip adviser has
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conversion rates that are three times as high as before. the sites are three times more likely to buy something. it's clear they're getting a ton of traffic while one of the biggest competitors expedia spends less to get new business. meanwhile, priceline has major exposure to europe. two-thirds of their booking business is european and i have heard over and over again this earnings season that europe is bottoming or taking a turn for the better. plus, price -- employment up. i think europe is the unsung story here. it's going to be very big for priceline. priceline also has kayak to let you search all the online traveling agents to find the best deals. it's a terrific mobile app. priceline reports nec week. it's on thursday. i think it's a buy going into the quarter although to be safe, i feel you want to buy half more and after just in case wall street reacts poorly to the results. this starts going higher again.
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the stocks $875 price tag probably seems daunting to you. only trading at 18 times next year's earnings. that's more important than the actual dollar price. that makes it darn cheap. however, if the share price still bothers you, i'd recommend using deep in the money coal options to control more upside while putting a cap on your downside. remember the first trade may not be the right trade as this stock has come down in the wake of a quarter that some thought was not any good. when two companies operate in the same space, report such wildly divergent results, trip adviser is kicking butt and taking names and -- have made a lot of mistakes, including not adverti advertising. where i think you can buy the common stock ahead of the -- deep in the money coal options because it's executing better than expedia. in fact, it could be expediting
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expedia if they don't take back that lucrative trip adviser traffic. questions. >> huge fan. happy to be here. with all this talk about travel, we'd love to hear your thoughts on wyndham worldwide. >> it was terrific and steve holmes does a terrific job. hyatt was really good. in a competitive marketplace for mind share for the investors, but wyndham keeps buying back stock. i think it's a buy. yes. >> hey, jim. was wondering if i could get your thoughts on the future prospects for casino stocks such as mgm. >> nevada numbers have been turning up. is mgm is best run? is mgm is most levered to return? absolutely. yes. >> hey, jim. >> how are you?
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>> good, how are you? as a regular theme park visitor, i was wondering how disney performs as a stock during offseason. >> seen a couple of declines, but typically, year over year, a same month november last year, this year, it's going to be fine. now, the main thing about disney that's doing well, espn. every time that stock has dipped i'd recommend on the show, this time, be no different. i like disney. tripped up by expedia's numbers? the real winner, shocker, is priceline. i suggest getting in ahead of the quarter and using deep in the money coal options, maybe even treat yourself to a vacation. do not move. a special live studio audience, the lightning round, coming up next. [ male announcer ] i've seen incredible things.
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it's time for the lightning rournd. and then lightning round is over. are you ready? it's time for the lightning round. my special in studio edition. yes, sir. absolutely. >> just curious as to your thoughts on alaska air. >> alaska air is good, but right now is when you buy the companies that use are bad going good. last year was going the whole time. that's why i like lc. in u.s. air ways. yes. >> my dad uses a robot for surgery made by intuitive surgery and i was wondering your
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thoughts on the upsides? >> good product, but one of my great colleagues here, herb greenberg, has thrown a red flag, sorry, and i am not going to touch the stock that herb greenberg thinks could be difficult. too hard for me. >> hi, jim. i want to get your opinion on avenue pharmaceuticals and their increasing sales. >> i've got to do work on it. i'm sorry. >> i'm natalie from new york and i'm interested in regeneral. >> it's been a great stock for the year and didn't finish well on the quarter, but that said, two drops in the pot t think are gigantic and terrific. i think that stock can go up substantially for the rest of the year. >> hey, jim. i've been waiting a long time to say this. boo-yah. >> thank you.
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thank you very much. >> you got me interested in the natural gas plays. and i've been very pleased. >> chart has been amazing. >> but what's wrong with west port? >> okay, west port, the problem here is that people keep thinking that west port is going to be competing with cummings. right now, they're partners. even though they didn't mention the natural gas engine, but west port is in danger, i believe the company doesn't say this, of being eclipsed by other engines. okay? >> thanks. >> i'm zach from d.c. i just opened up an i rrk a. i'm looking at cvs for a long-term buy. >> i think cvs is terrific. yes. >> i'm diana from new york.
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>> how rare you? >> good. over the last couple of years, we've seen huge profit margins at ibm and apple. are future margins going to be higher, lower or more stable? >> ibm is trying hard to shift a lot of cloud based things. you don't make as much money and companies don't like to admit that. apple i think is just an inexpensive stock. taking another. >> i'm claudeine from florida. i'm a fresh college graduate -- fashion industry. what do you think of fifth and pacific? >> it's done well, but i prefer bf core or bvh. that's an opportunity. they didn't know what they were talking about. don't forget under ar a mor. that's it? over here, please. >> hi, jim. david from new york. i have a question about -- pharmaceuticals. they recently had a very major
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merger and sort of wondering what you think about the future of larger -- >> i'm very worried about -- that is the one nongeneric and i just have to tell you that i think the stock acts poorly because it's not going to be able to make the numbers. it is not one of my favorite pharmaceuticals. and that, ladies and gentlemen, is the conclusion of the lightning round. >> coming up, athena health is up 50% alone as health care technology drives the stock to all time highs. is this healthy run over or just begun? cramer's giving his prognosis. surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission.
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if there's one thing we've seen this earnings season, that's just as true in totally nontech savvy world of health care than anywhere else. take athena health.
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athn. company with a cloud based software forum, including collecting from insurance companies as well as providing electronic health r records. they're actually useful. athena's all about containing health care costs. the software program is miles ahead of the competition which is why in establishing 35% of the medical records business, customers who decide to switch from someone else's lousy software. a messy quarter on july 18th, the important thing here is not the earnings so much as the contract. earlier this month, athena inked a huge deal with acention health. start moving to cloud, i think athena could continue to move up. sto stock's given you a 35% return since january.
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let's talk to jonathan bush. welcome back. >> wow, cramer, thanks for having me. >> have a seat. amazing. >> there's a company called -- >> what was it? >> exactly. and they had a big -- contacts with the company. this is giant and you won this business, so i want you to tell people at home and here how did you take the biggest contract that was out there from an intrinsic player. what do you offer that they did not give it to cerna? >> inni think the big differenc great company, great programmers. sort of good, midwestern work ethic, but they sell -- it's the best darn cotton gin on the
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internet. the big problem is the classic kind of established technology. running into a disruptive technology. they get bigger and bigger wins, but can't play in the little, you know, disruptive corner. now, the reason i mentioned that, typically wouldn't go right into it, but did cause a spike. the reason that's important is people who just play your stock, what's really going on, doesn't understand that it's orders that drive things. >> that's right. when you're a disruptive player, you're rising up through the market may be flat, down, doesn't matter. we've got 4% of the doctors. we're shooting for 44. we can double and double again before we're really a factor. before we started running into the closedness of the game. it's a lot of fun. that early run-up is a lot of fun, so i don't think of us as being crowded or competing with these other companies.
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they're competing amongst those who still want to stay in software and we're competing with no one amongst those who choose to move to the internet and we assume over time that we'll do that. >> they're a cloud, you're a cloud. >> kc versus the mini computer. mini mill versus the big, fat mill. it's going to happen again and again. >> which is why people keep looking at your stock, thinking how it's going to go up. every time i see you, i think there's some article "the new york times." some article that is so pertinent to you. recently, pieces about doctors getting out of the medicare system because they can't figure it out. we give you the software, we're a cloud based service. we say you don't care if you get your claims to the insurance company by carrier pigeon, we're going the get it taken care of.
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we're going to get you to comply with the new obama laws. a new thing called ic 10, different categorizations that doctors have to know to mark a disease as what it is before they can get paid. we do all this for our clients. we are the ones who carry the claims, deliver the orders, so we're selling the rumts a lot like a broker. they may have technology. they probably have a lot of technology, but what they're selling you is that the stock gets traded. we sell faster payment for doing the right thing at full price. you'll get paid well for doing the right thing and we will make sure your compliant with every new scheme. >> at the same time, outcomes, you know how much it should cost for different procedures. how is that come into play for your doctors and what should it be said about what should happen in washington? >> this is big. watching the movement in athena from basic claims payment --
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>> initially, that's how i viewed you. we came up with 40 million ways that we knew about that insurance claims denied. 40 million? any way. now, what's happening is you're moving from fee for service to fee for outcome, so the government law, there's things called risk contracts where the health plan is saying i give up. here's how much i'm spending on this patient, you take care of it, making doctors now responsible for -- doctor didn't use to care -- there's no consequence of the doctor when he choose which cardiologist. our business model depending on connecting clinical providers. clinically. not financially. does that make sense? there's a movement from fee for service to health status to
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obtained. so now, everything a doctor ordered off her pad counts. it didn't used to. >> i think david faber broke this story. good or bad. how does it play out? >> well, the hospital sector, the kind of established center of energy in health care. and it's slowly coming apart. so hospital days per hundred people, even with the ageing of population is going down, so the total addressable market for hospital beds is shrinking inside of this fixed cost for all these beds. the beds don't shrink away when the population gets healthier and doesn't smoke, so now, these companies that are tight financially are coming up and buying out and taking over all of the not, you know, a hospital used to be a community chest kind of thing. like the bank chairman would be on the board and it would be run like a university. now, it's being run by very tight guys who are very efficient. when they merge, they bring new efficiencies and more advantage over the non-profits that still
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represent the majority, but they're weakening. >> that's great for you. >> and for the for the profit hospital stocks, right, because they're going to clean the clock of all these non-profit community hospitals. >> that's why i want to focus on orders. you keep winning orders. the big economics comeback. coming from behind that and i think it remains a terrific story. thank you for coming in the flesh. >> it's so exciting. >> jonathan bush, the chairman, ceo of athena. this company is solving a lot of the health care problems. stay with cramer. thanks. [ male announcer ] come to the lexus
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today. liberty mutual insurance -- responsibility. what's your policy? normally, i want washington to stay out of the way of business. the president tried to change the dialogue yesterday by giving the big international corporations based in the united states what they say they want. low capital at low tax rates without higher taxes for the wealthy. for the president, some infrastructure spending that could put some people to work on productive projects. the president's get wouldn't be so bad given the sorry state of nonresidential construction in this country. up front, i believe this proposal, the gop doesn't want spending no matter what. even if it could mean jobs in the r district. to go with this plan is to give the president what he wants, which isn't part of the republican strategy, even if
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republican districts might be able to bring money back to this country and jobs could be created by the public and private sector. foreign money that would be put to work in other countries because of this tax arbitrage. i bet the gop won't recognize to drop the tax hike and that's a gift to republicans. this got relevance because dr. just bought elan, which basely a shell royalty company. elan's domicile is ireland and in ireland, the corporate tax rate is only 4.25%, a bonanza given they're paying a just about double that in u.s. taxes. 8.3 billion to move its headquarters, the president proposes a solution. when you consider how much cheaper it is to build factories in the southeast portion of this country, it wouldn't take much to think many of the industrial companies would start building. not a real value or raise their
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dividends, something that every investor should favor. is this deal a no brainer? should we trust the democrats to actually create jobs? i'm skeptical. more important, the republicans in control of the house of represents, they really doesn't trust the democrats. do we trust them to put issues -- many republicans care more about social issues than jobs. i don't think they're going to work for it though. right now, at this moment, i am sure that there are many companies thinking you know what? why do we stay in the u.s.? why do we inflict this tax rate upon ourselves? what's the point? for them, i have no answer. they shouldn't stay. let's just hope the republicans recognize that there are over 90 million families who own stocks in some way and for once, they join the democrats of all people, and do the right thing for both the shareholders and the economy. stick with cramer. [ kitt ] you know what's impressive?
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a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking
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if you don't have something important to say? ♪
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time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. it' a lot of people feel they missed the money in facebook. i think the stock's coming down. at the 34, 35, i would start it all over again. facebook is a fancy yelp along
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with many other verticals. don't forget google. i'm jim cramer and i will see you tomorrow! long. follow @jimcramer on twitter and tweet your questions questions, #madtweets. here at the top of the show, folks, my call is for no fed tapering or bond purchase cutbacks in september, possibly not until year end, and maybe not until early next year. no taper. the economy is too weak, inflation is too low, and there's no reason for a qe tightening at all. and my question to investors tonight is if i might be right about no tapering, how does that change your portfolio strategy between now and year's end? and then switching gears completely, get this, obama care is bad for cancer patients. the doctor who said so in today's "wall street journal" joins us this evening

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