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tv   Mad Money  CNBC  August 12, 2013 6:00pm-7:01pm EDT

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a lot off action, i think this is ready to make a move. >> i'm mellissa lee. thank you for watching. we'll see you back here at 5:00. don't go anywhere, "mad money" with jim cramer 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." welcome to cramerica. other people want to make friends, i'm just trying to make a little money. my job is not just to entertain you but to educate you. call me 1-800-743-cnbc. where are we? the dow is sinkings 6 points,
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nasdaq climbing after a week of playing tahi teeter totter. are we done going up? maybe number but i think the market likes leadership and right now, it's gotten very hard to find new leaders. let's get right to it. start with tech. you search through the once huge group of the s&p 500, you know with the white flag that went out by blackberry and the analysts declined in dell sales symbolizing pcs, you simply don't have that much to cheer about. save one small section, which is telecom spending. they badly need to upgrade, t-mobile, sprint, at&t, verizon, there simply aren't enough telco tax, to get the averages going, we need that group. instead, there is intel, microsoft, or cam, ibm, hewlett packard. tales of sell, sell, sell, all
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seem played out, dormant. comatose. apple and likos unfairly viewed as the same old, sail old, without now knowing about it. the peaking of samsung, there has been a huge propensity to say smartphones and tabments are played out like the desktop and laptop. not withstanding apple's 12-point gain today. however, i think the new heirs, none eastern google, limpgdin, yellp, amazon and netflix, there are simply too many pc and pc-related stocks for the sector to shine. no wonder it makes up a smaller share of the s&p 2500s and the financials. that is a huge techon theic shift. let get to the financials. those banks, they're caught between the rock of declining finances an affordability of homes and hard place of a yield curve that isn't much good for
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them. that's one of the reasons the momentum isn't there and won't be until rates go higher, yes, that's what they need or new housing sales rebound from the current low, the insurers have some 'iz zaz, they seem to cool in the wake of that price that travelers hinted at. only pseudofinancial master harbor remains strong a. testament to the management. almost all of the food and drugs box, they look like they could be rolling over. just take a look at, one look at cramer j & j. i think you will see a stock that also paekd out for the moment. i feel the same way about procter & gamble. really, i think the power, itself, is higher for this level. own hormel and campbell soup appear to have strength. merck has become the defacto leader in the trust. i don't know how we can take it. as usual, we have incredible
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performance in the hmos. that's happened since the bottom. they may seem like they only come in, if they are businesses will turn bad. serving momentum is always hard for me to recommend to you. i can see why people do it. you got to be blown away. will they ever die? they aren't leaders, they're an area unto themselves. the group at best is resting. don't count on it to take us higher. as everything housing and housing related gone bad here? that one-time leadership group the one that came in smoking hot, chopping, losing pudding by the deck. the home builders protest too. by the end, we need to have more knowledge of how business has been since the mortgage rates at two-year highs. i bet there are many buy worries walked away, cancellations jumped across the board. related retailers are all
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stalled, too, how high can they go? we get some retail numbers this week for both gap and costco, two stockings owned by charitable trust. geeze, they beat the heck out of them. pretty fine numbers. let's hope that's not a harbinger of things to come. j.c. penney, anything i'm beth on the wrong side on those. i'm not giving up on the group. brinker, chipotle, starbucks, they have been strong. you know i think panera is a buy. it's battling back. rebo under. the oil stenly hadn't made a jump. exxon is still loo eder. you can't follow that anywhere other than dow. they wait for occident am to break up. in terms of growth, it seems
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like mark pappas, eeg resource, truly trapped. trapped because interest rates are expected to rise and can't own a group that historically goes down. same with the staggering in the real estate investment trust. totally nothing to write home about. transports, frankly, i'm confused, sell, sell, sell. >> buy, buy, buy. >> oil is too high for the airlines to run, they turn out to be the worst hit when it comes to the sequester. the rails, though, hey, i don't know, they don't come in at all. >> all aboard. >> the 48s like federal express, they have been remarkable. one worth watching like a hawk. which leaves the autos, industrials, minerals, then stocks and aerospace, all have been terrific and i think they can on their own provide some mmph. they're a little too reminiscent of 2008 when they were on fire t. recent numbers are good. every single auto-related play was incredibly robust, today, good, too.
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every single one. the car maxes of the world, terrific action. genuine, terrific pin action. i know bowling in an aerospace complex, it seems like it's run out of gas. i'm not fretting. they need to rest right now. meanwhile, the defense stocks seem to be forcing die hard shorts to recover t. sequester turned out to be too obvious the numbers are too low t. analysts hated the groups too much. that's how a sector request stay on fire. can it continue? i don't know, dividends battle, governments are too good to think the move is over. which brings me to the industrial, the minerals the miners, these stocks have been penalized for years, thanks to the collapse in china. and the outright collapse of europe. but china seems to be stabilizing, the last few weeks, pretty good data. the financials are advancing strongly in europe. a sign of the ro bust growth to come. they will lead your battle in the wilderness, too, slight industrials, johnson controls,
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they have been very strong. caterpillar today, the other gainers, penair, i'm blown away by the strength in the air, products sure go out. but what's the excuse here? i guess it's better, better time. most remarkable resurrection was the mineral mining realed stocks and the steal, steals, these stocks have been proxies forever. i don't trust the group, i trust the chart. not only is it all well, it's just getting fired up. it's a mixed stockmarket overall. i think when you add everything up by the market, it's lagging direction. it's dicey to smats the industrials, but you can do worse, if any of the other groups are revived, rally, continues. here's the bottom line, let's call the market stalled, call it marking time. you want to take some problems here? i'm not going to stop you. i don't blame you. i don't want to ban this market. i think it's too soon. means there is no urban sea at
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all. never a good sign, but never a bad sign, either. jo aempb in alabama. >> hi, jim, thanks for taking my question. >> ply pleasure. >> thank you. >> my question regarding pinnacle foods. i bought the stocks at their ipo offering, now they are buying, i'mure u curious if i should take my profits or hold on? >> no, this is what we were waiting for. my charitable trust had a small gain. i got frustrated the management didn't boy anything, they buy wishbone and the stock power is higher. i think this is the beginning of a series of acquisitions. you stay long or continue to own pinnacle foods. i think it's a winner. the markets stalled. the market seems to be sleeping. maybe it's at the beach. not great, not bad. wow! covered a lot of names. don't abandon ship. "mad money" will be right back. . coming up, taking the lid off? tupperware has been on a tear in
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2013, setting fresh record highs. is there an expiration date on this rally or is it time to join the party? find out in cramer's exclusive with the ceo. and later, making waves! shark week may be over, but chart week has just begun. cramer is fishing for the best catches and identifying the predators you should avoid. tonight, is it time to sink your teeth into lulu lemon or is this stock about to sink? plus, cash cloud, may, amazon and underarmor, what do they have in common? they use the channel adviser, after rising over 230 percent since reporting last week, could there be more in stock or should you stop around? stay tuned for cramer's one on one, all coming up on "mad money."
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. >> you know i like to talk about game changers on this show. normally when i use that show, i'm talking about a product so revolutionary, to change the way the entire industry does business. you catch that stock, you can make a bundle. tonight i want to think bigger. i want to tell you about a company literally transforming societies at a fundamental level all over the developing world. that's right. it's time to talk about the tupperware revolution. you might think they have nifty containers, personal care products get sold by millions of distributors across the globe. the emerging market, tupperware is about more than containers that will keep your food tresh.
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it's a way for people, particularly women, to earn some additional income, get a leg up out of poverty. that's especially true in regions where the idea of women were frowned upon, but what you might ask, does this have anything to do with making money in the stockmarket? good question, here's the answer, this allows tupperware to give you a 242728% return since i initially recommended it in october of 2006. it's up 11% since i last spoke to the ceo in april. the stock is reporting it's all time high. if it's a remarkable run, tupperware supports a yield. let's check in with the bankable chairman and ceo of tupperware. find out more about where his company is headed and log the success of this company. welcome back to "mad money." looking goold, have a seat. you come back from china. i want to talk to you about china. there is a lot of companies that claim they're chinese placed. you have 23,2900 stores, bake
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amy, in china. you have a different kind of model there. how is it going? >> yep. it till is a direct sales model, a typical apartment there is about 2400 square feet. you got one-and-a-half families living in there. not enough room for a tupperware party. so we put these, we have 23,2900 of these, we didn't invest in these, a local distributor. >> it's important to point out. this is what's come about because your people adjust in the neighborhood. >> yeah. so it is like, think of a local sorority house in the neighborhood and while do parties there, it really works well. >> i think one of the things you pointed out in your conference call that is smart is if the direct selling model has a lot to do with, this is me talking ab it. this great chain article, people worry about alienation, they want to connect, affiliate. this is a way to connect with other people in a rising tide way for strictly for women. >> well, you are spot on. my wife says it's all the social
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networking, actually, is a bit anti-social. the need and the want for people. >> yes, it is. >> for people to connect with other people. that's right. every 12.24 seconds, there is a party starting somewhere in the world. it's always friends, neighbors, relatives getting together. >> well, emerging markets, a lot of people think they are cooling off. i know you are in emerging markets. you just came back from china, from looking at your numbers country by country. i see if anything acceleration in emerging market the larger middle class is developing in these countries. >> absolutely. the power of that is growing middle class. you know, i read a "wall street journal" article about it cooling off. that's the greatest emerging markets is keeping up with the demand. we are in many markets growing 230, 240% per year. it is the growing middle class. think of this number here, there were half a billion middle class this last year. there's going to be 12.27
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billion middle class within seven more years and most of those are women. that's who is driving this. >> right. now, there are countries as i mentioned where women as part of the work force frowned upon. is this a grass roots move that governments don't approve of or are governments grow when their people are better? >> jim, i have been involved in the ten years, the whom goal is improving the state of the world, we haven't found a government who hasn't been behind what we're doing. the largest muslim population in the world is in indonesia. that's our biggest tupperware market. the president of our business there is a woman. so when governments look at it, they say, wait a minute, all these outside-in programs of funding doesn't seem to, who. but if you come teach our women to become entrepreneurs, one at a time, it's an inside-out program. >> that's 2326% growth in indonesia, horrible. people realize it should be one of the bricks.
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>> i wondered, why is it? the people haven't been there. it's 2240 million population. >> you recently gave a talk where you were talking about, you don't really care for the investor base that's developed. it's a renter-base in this country. i never seen anyone say this. when you are overseas, you mentioned one point, i wish ied onr only had 15 shareholders to focus on the business. that's not the way it is in this country. >> no, i tell you, the shareholders don't make money when i'm out there creating demand for our stock. they make the most money off management when we're out there, recruiting, training, motivating the sales force. there are some good shareholders here in the u.s., but this has become short-term hedge fund land. i agree with jack vogel when he talks about it. when i go over to europe and i was just the other day in japan, they'll hold 20 names and they'll hold them five, six, seven years and they'll have a turnover of 20%.
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>> that's how you make the most money in tupperware. >> yeah. >> recently in a bearish group. it's fair to say your people to distinguish are not about recruiting other sales people or purchasing their own inventory. this is not a multi-level marketing system. are there other companies, cluck herbal life, that could ever adopt that model or is that truly anti-ethical to that company? >> i can't say how they do it. they are mostly a weight loss and meal replacement. we, 25% of our sales every year are new products. so we sell durables, we have about a third of our business, duty companies. we show you how to build your own sales organization. but the end user buys 90% of our product. >> so an end user in china might be who is worried about the water supply might be using one of these? >> absolutely. about a third of our business in china is water.
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interesting sidebar point everybody thinks china is so big. >> right. >> think about this. half their land is mountainous and unusable. yet you got 12.23 billion people. you can't drink the water most everywhere in china. so water products, water filtration products. that's what we are known for. >> one last question. you continue to do what we regard as the right thing by dividend. can you continue to do that without the rating agencies? you don't want to have too much leverage? >> no, we don't. we did a quarter of a turn. we are 12.75 leverage there. we keep enough of the powder, by the way, jim, that's why we are do a combination of raise the dividend. we double digit increases, 272% the last time. share buy backs, okay. if you have a year we got to do something else, we won't do as much share buy back. it gives us the sustainable sacred dividend. that's what i feel about the dividend. it's sacred. >> that's exactly what we want,
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what we talk about all the time on "mad money." that's tupperware's ceo. you see why this is a different kind of company that's working globally. stay with us, stay with cramer. coming up, making waves. shark week may be over, but '02 chart week has just begun. cramer's fishing for the best catches and identifying the pred toshs you should avoid. '02 tonight is it time to sink your teeth into lululemon or is this stock about to stink sink? [ male announcer ] come to the lexus
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cramer's fishing for the bes . >> already a ton of ways to pick stocks. especially in a bull market like this one. normally on mad money we focus on the fundamentalals, doing homework, sectors, taking into account the environment. that's me, i'm a fundamentalist. there is another school of thought out there known aztec nick am analysis, where chart watchers analyze the action in a given stock in order to predict where it might be headed. i'm not a chartist, myself. it can come in real handy at times, there are huge number of traders out there who follow the charts religiously and wouldn't make a move without it. even though they wouldn't admit it. every tuesday we go off the charts to show you how these players think. now i want to take it one step further.
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welcome to shark week, not to be confused with shark week on the discovery channel. every day this week we will highlight ideas off the chart segments from our favorite technicians knocking it out of the park lately. we are using the ones that work. because we're the most interactive show on tv. if you have any questions about the charts or killer ideas for a future off the charts segment, tweet me at jim cramer hashtag chartnado. to kick things off, we're taking a look at a sexy stock that's had a checkered history of late. we're taking a look at lululemon or lulu for you home gamers. the technician is the senior strategist as well as being my colleague at real money.com. lululemon , let's say it's a long time fav. up to two months ago, the ceo, christine day, announced her resignation at the wrong time.
quote
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as a result the some fumbled $14 in a single session. it was blinding. over the last month-and-a-half, it is climbing out of the pit and now bob thinks lulu's cart looks truly beautiful for the pulls. i'm inclined to listen. why? i'm inclined, because i have to say, the track record has been truly fantastic. three weeks ago, we nailed them out of the park with the regional banks, key and huntington banks. back in april, well, hey, promised to buy priceline $2328 and trip adviser 2626% gains respectively. does it get better than that? what exactly makes along so bullish about lululemon ? as lang points out, you see lululemon has been holding steady and actually has begun to move up following the big blasts lower when christine day dropped
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her resignation about two months ago. you can see, it was a quite frankly, it took people's breasts away. more importantly, look at the moving ampgs, okay. convergence, that itself the mac-d line at the bottom of the chart. this is a momentum indicator. we use it to detect changes in a stock os trajectory. right now the macd line is about to have a buy signal for lu liu, that's when the black line crosses over the red line. it's tremendous accuracy off the chart shows in the past. when you look at lululemon , it's the buy symbol think three times. look how ripe it has been, one, two, three, each time it has foreshadowed a massive really in the stock. look what you could have caught. look at these rallies, they're gigantic. then the gap, okay. not the retailer. but the 12-point gap created
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when christine day announced her resignation. lulu dropped to $72 overnight. once a stock climbs back into the area of the gap, meaning it will rise what they think will happen is it will then fill the gap. so this is a very key term. fill the gap. that's what i'm trying to teach here tonight, meaning it will rise to the level that initially that it crashed from. at $272 and change, lulu is within the gap. really, lang believes the stock is on a trajectory where it should fill in this gap. there's the gap. okay. and do it in the not too distant future. someone will send lululemon higher. at that point it will take a move of a few cents for lulu to break through the ceiling of resistance at 82.50, making it brand-new high, no one is thinking that way. once that happens, lang sees lululemon , are you ready?
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straight to 1200 and if it doesn't go there, can you have the spectacular outlet. well, maybe you can have it anyway. now, on the weekly chafrt, it's strong. but lang thinks the lulu's daily chart is more bullish. take a look at this one. okay. here lulu is moving oofrg to convergence indicator has been flashing that buy signal we talked about earlier since early july. right there. voilla, the stock has been rebounding ever since. okay. nice. nice. in fact, lang points out ever since since the macd pullover crossover, everyone will buy, lang sees, this is important people, a cup and hand him formation developing. cup handle. okay. what is that? well, it's a reliably bullish pattern. one of the most in all technical analysis. that's where you get a u-shaped analysis. it followed by a brief period where the stock traded sideways
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or lower. that's the handle. it's happening right now. chartist itself like lavrng believes once it breaks out from the handle, it tends to more higher, not lower, this is something that's occurred over and over and over again with the stock we've covered on off the charts. it is a very reliable indicator. i have been working on that for my book. every time we seen this one, almost every time, lang thinks lulu will be no different. meanwhile, they are showing a strong buy, up days recently. more on pullbacks like the one on the last few trading days. remember, high volume means it is telling the truth. lulu has powerful support at 272 at 272 can the 10 up, two down, look at the relative strength index or rsi up top. this is a momentum indicator. they are pushed out in the underlying stock. with whether you will you, it's
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sloping aggressively higher the last six weeks. which suggests to lang the stock has plenty of room to roar. here's the bottom line, i have been worried about lulu. i have been. why in because of the fundamental also, because of the departure of christine day the ceo that put this on the map. if the chart is right, he's been right a lot lately, then lululemon with or without christine day is about to roar higher. is let's go to dave. >> caller: boo-yah. >> what's going on? >> i'm looking at j.c. penney, the stock is coming down. my question to you is now the time to buy j.c. penney's and hold it long term? is that the thing to do or wait? >> i have toll you, the chart looks bad the fundamental apples are bad. we have fabulous retailers that missed for a month and they have
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been getting clocked. here's a company that i think they may not even turn it around by next year at this time. so i'm not going to recommend it. i'm not looking at the personalities involved, i'm looking at the same store sales, they're terrible. i need to go to a.j. in new jersey. please. a.j. >> caller: hello, mr. cramer, boo-yah, jersey shore always. >> you bet. >> caller: i wanted to get your thoughts on the chinese e-commerce company dang dang. thank you very much. >> i do like ali ba ba, i don't like e-commerce, dang dang t. chinese market will bounce, if you feel that way, play with the fxi. mekox lanning. they go up, go down, where she stops, unfortunately, nobody knows. that's not the kind of investing i want to encourage on "mad money." some like sun value
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plus, you could save hundreds when you switch, up to $423. call... today. liberty mutual insurance -- responsibility. what's your policy? . >> it is time, time for the lightning round. what did i say in sell, sell, sell, buy, buy, buy. and then the lightning round is over. are you ready? ski daddy. we start with elizabeth in florida. >> caller: hi, jim. last week's buy below announced the coo david johnson will be leaving at month's end, there is no successor. it was approaching the 200 day
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moving average of 36.44. is this a buying opportunity? >> i have to say it is. i, too, never wanted to see that management turmoil, business is good, long-term expansion. dustin in indiana. >> who it is, jimmy. >> yo. >> caller: western union, wu. >> decent yield, making a comeback after a lot of missteps, buy, buy, buy, i actually like this stock here. let's go to melvin in maryland. melvin oklahoma. >> caller: hey, jim, you are the man. >> thank you. >> caller: okay, listen. i have short-term an long-term positions in exc. what is your feeling about that? >> i got so many good ones, the duke the aep. i cannot go to excelon. i think they are poorly run. terry in texas. caller yes, hi, jim. i want to thank you for all the help you give us home gamers. >> my pleasure.
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doing my best here. >> caller: my stock is urban outfitters. >> this stock seals to be resting. a lot of people feel it's over. i don't. i think they can converse higher, not lower. jeff in california. jeff! can you recall caller hey, cramer, i just want to say thank you for doing your homework on tsrx. >> not bad. what's going on? >> caller: i have another stock here in san diego. ticker is q 'dell. >> i like, i'm not stopping recommending that group t. government likes diamondback nostics. tom in illinois. tom. >> hey, cramer, boo-yah from chi-town. >> fabulous. >> caller: i'm calling about cdd. they seem to have a good handle on things, what do you think, covans? >> best in show, contact lens, i totally agree. is another ancillary drug and health care place. john in florida. john! >> caller: hi, jim, i'm in dunn
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eden, florida. a month ago, you recommended amd, advance microdevices. i purchased it at $3.98 the mid-way.not tr high and low for the year. since then it's down approximately 8%. do you still have a recommendation? >> i still like it. i believe the gaming stock the gaming business will bail that company out. i have my eye off the pc business, that was wrong. i like the gaming business. i want to go to ara in ohio. caller boo-yah, cramer. michael kors. >> what's up? >>. >> caller: many say it's pricey with the tag of roughly 1, i think it's cheap. what's your take? >> we have liked this in the beginning. we like when he was sluggish in stock. we reiterate kors is one of the footest growing companies in the universe and should be bought at 72 or later. ladies and gentlemen, that is the conclusion of the lightning
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round.
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>> what do you do with a fresh faced ipo right out of the gate and mix athletic and knocked it out of the park with the first quarter trade of the company sending the stock into the stats fear, channel advisers, ecom the cloud-based software is a service kane that helps automate, optimize sales on multiple-web based channels, search engines like google and comparison sites. they help businesses capitalize one of the greatest yet most complex opportunity out there ecommerce. i told you to get in ahead of the ipo may 23rd. sure enough the stock spiked 32%. last wednesday, the company proved it's not one more red hot software, they dramatically have a smaller than expected loss, accelerating revenues rose 8% year over year, they gave up guidance the stock shot up 20%, rising to 23.78 the next day.
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ecom $28 today deservedly. it's doing well, it's almost doubled since tlep months ago. what's the responsible move here? let's talk to the company's ceo to find out. thank you so much. >> thank you for having me. >> i met scott on ""squawk" on the street." i was saying how impressed i was with the company. it's judgment i have to tell you, i think this is a part of a ecommerce revolution. you may know about key words, this is the next generation of how people are reached. >> i think so. there is data out there that shows 10% of sales are online, countries like the u.k. and singapore and south korea, you see it as high as 20%. so we could have another 10% to go. other pontificators will be growing 15% xoun annual rate between now and 2015. >> i think people try to physical out, i see an ad, an
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embedded ad in facebook or fwths. i go to a website. i see a little about that. i try to figure out where you show up, where your people show up and how you are compensated for those acts. >> let me start with what we don't do. there is tons of companies like demandware, shopify. we help retailers take the products and put them across the internet, search, google, yahoo, bengals. shopping.com, price wrapper, even gook him's product search called google shopping. marketplaces like ebay and amazon. >> so when a company comes to you, do they need an ad agent? can they say to you, look, here's what we think we will do with gross merchandise value. we will give you a percent of it if you put our ad in all the right places we algorythmically we can't think of? >> they are having a hard time keeping up with the demand.
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they use our stock to automate that. >> when an omnicom merges will another advertising firm because they're worried about online, that doesn't get them what they get from you? >> that's more ad technology. we are more about transactions. >> transactions is the wave of the future. transactions is mobile. >> i think. so i'm a bit biassed. >> but the world seems to be biassed. facebook went from 25 to 38 when people saw they have a mobile solution. yellp has a mobile solution. linkedin has a mobile solution. everybody opened up big today. this is where the world is going. >> when you look at ecommerce and google, ebay and amazon are the top two apps. it's because it's simple. have you all the payment information in there. have you bar code scanners, if are you in retailer, can you do the showrooming. order it online. have it to your house. >> i would be worried that google, amazon would say, we will put these guys out of
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business. they're a new company, why don't we wipe them out or buy them? >> so in a way, amazon is never going to help their customers sell on ebay. google is never going to help their customers sell on ebay, amazon, et cetera. by being neutral, we provide a solution that others won't do. >> china, google, no google, china doesn't want google, google doesn't want china. this is in china, are you able to take advantage of google's problems with china? >> not specifically. but what we are taking advantage of, i'm an entrepreneur, so this is funny. which started to get calls from china wanting toules our software. >> from what, little businesses? >> mostly manufacturers, like a light in the box, for example. they would say, we want to use your software. we would say, it's not chinese or mandarin or cantonese. we don't care. we krks our folks speak english. we want to export. we like that you support the u.s. marketplaces, europe and australia. so they're using our software to
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export out of china into these channels. >> why is this more effective than keyware? >> keyware is one of the things they do. with key words you have to set up a website, come up with the key words and a website that converts. if you are a chinese manufacture ever, you want for the put your product in front of the consumers. they have hundreds of millions of consumers there ready, you are putting your products in front of the consumer. >> you have a novel way to get paid. you have a baseline and the gross margin. the merchandise value, are the companies that say, listen, i will not pay you twice, there's amount of mine i will pay you, forget about it? >> retailers like our pricing model. it's a shared success. your number one job is growing, your number two job growing. you start to talk about profits, if you are not growing at least 15%, you are losing share. you want to incent us to grow for you. that's why we have the shared success business model. the way it works, you come to my
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and say, we are already doing $100,000 a month on ebay. we say, great, pay us $500,000, a small percent, you have incent our company to help you grow over that. you should be happy. we'd be happy, too, if we did 200,000, 300,000. >> that's because you know better where to put things. >> the software does. it takes that data and makes it actionable. >> that's like, is it like programattic selling that google is offering? >> it has some elements to that, it will say, hey, on amazon, you are losing the buy box, you are getting outprized. click here to lower your prices, maybe your price is too low, you can maybe raise your price. >> that's all from you guys. have you the algorithms to do this. >> an absolutely great conference calm. it explains a lot of this i want to go over some of the ways they are pied f. fact that it works
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is the next generation of how people will reach each other on the web. channeladviser is building an unbelievable business. thanks.
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. >> speaking of shark week, hedge funds can be like sharks, it teams seems like yesterday sharks smelled my blood. i was flailing in the deep sea, victim of an opening, to please an investor. at a moment when my numbers were poor. i had big holdings, mostly banks, stocks were heavy, pretty much every day. i remember container cramer coming into work and saying to me, you know, they're shooting against you. she says, no, it's paranoia. she says, in your dreams, paranoia. she was right. as i vowed to come back, visibly by buying more positions, it was touch and go. the market worked back and those who bet that there is would be a big run on my hedge fund, let's say they were disappointed. right now, a bunch of shark
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heads funds are around pershing square. he is in the same trouble i am in. he made sure herbal life has given carl icahn a chance to run the stock withifies growth. j.c. penney, ron jonson to become ceo. now he's angry, campaigning against mike ullman, johnson's replace him, this time with howard sclults, the founder of starbucks, he doesn't have a dog in this hunt, unless you consider decency a dog. i have no idea what the investments are thinking, let's say you think he's going to struggle here, you want to profit from, perhaps you wage investors had enough. you can shoot against ackman like those who shot against me. remember, my opponents got hurt by the rise in tide, if you go to battle, you need to hedge your positions or get crushed by a border move higher like my adversaries did. all i know, investors are showering ackman with money
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balls of his terrific long-term record, here's hedge fund managers should be doing. first the short against ackman's position needs to be protected by it, buying another second rate retailer. i picked sears holding. way, back-to-season is good, a nice hedge there, a few weeks ago, we learned that ackman is taking on short air products, imagine you buy a company up less for the year right against it. ing aman has to position canadian pacific. railroad operators, union pacific. ackman cleaned up on procter & gamble. i don't think you can challenge colgate effectively in emerging market. they show a position in burger king. if ackman is right, herbal life is recruiting methods. the analog is a new skin, if the government is going to investigate direct selling price, that would affect new skin. of course, the sharks who not me, you might not profit,
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however, you want to challenge the man who howard schultes called the destroyer of companies at least now, you have your head e hedge buy and sell list. may the best man win. >> . >> here's my take. profits are the mother's milk of stocks. you got to grow the pie larger for everybody. free market capitalism is the best path to prosperity. this is "the kudlow report." itiw requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present.
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. >> well, you may not believe it but attorney general eric holder just did something that made liberals, libertarian, even a lot of conservatives happy. it's a new policy to reduce prison sentences for non-violent drug offenders. it will have big legal and economic effects. >> in boston, a jury has found whitey bulger guilty of 11 murders and dozens of crimes. >> and more than 75 years after a disastrous decision to nationalize their oil

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