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tv   Mad Money  CNBC  August 12, 2013 11:00pm-12:01am EDT

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my mission is simple -- to make you money. i'm here to level the playing sir 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 you a little money. my job is not just to entertain you but to educate you. call me 1-800-743-cnbc. where the heck are we? the dow is sinking 6 points,
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nasdaq climbing after a week of playing teeter totter between the bulls and bears. we got to ask, are we done going up? maybe not 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 this morning by blackberry and the endless decline in dell sales symbolizing pcs, you simply don't have that much to cheer about. save one small section of tech, which is telecom spending. they badly need to upgrade, t-mobile, sprint, at&t, verizon, there simply aren't enough telco techs to get the averages going, we need that group. instead, there is intel, microsoft, oracle, ibm, hewlett packard.
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tales of woe. sell, sell, sell. all seem played out, dormant. comatose. apple iphone unfairly viewed as the same old, same old, without knowing about it. the peaking of samsung, there has been a huge propensity to say that smartphones and tablets are played out like the desktop and laptop. not withstanding apple's 12-point gain today. however, i think the new heirs, 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 500 than the financials. that is a huge tectonic shift. let get to the financials. those banks, they're caught between the rock of declining
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refinances and the decline of affordability of homes and hard place of a yield curve that isn't much good for 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 pizzazz, they seem to cool in the wake of that price war that travelers hinted at. only pseudo-financial mastercard remains strong. testament to the management. almost all of the food and drugs stocks, they look like they could be rolling over. just take a look, one look at cramer fave j & j. i think you will see a stock that also peaked out for the moment. i feel the same way about procter & gamble. really, i think they can power itself higher for this level. own hormel and campbell soup appear to have strength. merck has become the defacto leader in the trust.
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i don't know how we can take it. as usual, we have incredible performance in the hmos. that's happened since the bottom. they may seem like they only come in if their 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 in 2013, chopping, losing by the day. the home builders protest too. by the end, we need to have more knowledge of how business has
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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 stalled, too, how high can they go? we get some retail numbers this week for both gap and costco, two stocks owned by my charitable trust. they were exceptionally punished. geez, 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 betting on the wrong side on those. i'm not giving up on the group. brinker, chipotle, wendy's, afc, starbucks, they have been strong. you know i think panera is a buy. it's battling back. let's not forget the rebound in ags. the oil suddenly hadn't made a jump. exxon is still a leader. you can't follow that anywhere other than dow.
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they wait for occidental to break up. in terms of growth, it seems like mark pappas, eog resource, truly shooting the lights out. 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 trusts. 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 freights 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 oomph. they're a little too reminiscent of 2008 when they were on fire. recent numbers are good. every single auto-related play
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was incredibly robust last week, and today, good, too. every single one. the carmaxes of the world, terrific action. genuine, terrific pin action. i know boeing and 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 cover. sequester turned out to be too obvious, the numbers are too low. analysts hated the groups too much. that's how a sector can 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 expectations 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 robust growth to come. they will lead your battle in
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the wilderness, too. industrials, johnson controls, they have been very strong. caterpillar today, the other gainers, jabil, 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 times. most remarkable resurrection was the mineral and mining related stocks and the steel. these stocks have been proxies for china 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 smatter 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 profits 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.
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means there is no urgency at all. never a good sign, but never a bad sign, either. joanne in alabama. >> hi, jim, thanks for taking my question. >> my pleasure. >> thank you. my question regards pinnacle foods. i bought the stocks at their ipo offering, now they are buying, i'm 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 that management didn't buy something, they buy wishbone and the stock powers 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 market's stalled. the market seems to be sleeping. maybe it's at the beach. like i was! not great, but not bad. wow! covered a lot of names. don't abandon ship. "mad money" will be right back. coming up, taking the lid off?
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tupperware has been on a tear in 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 lululemon, or is this stock about to sink? plus, cash cloud? ebay, amazon and underarmor, what do they have in common? they use the channel adviser, after rising over 30 percent since reporting last week, could there be more in store for the stock or should you shop 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 term, i'm talking about a product so revolutionary, it can 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 that's 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, kitchen products, personal care products get sold by millions of distributors across the globe. the emerging market, tupperware is about more than just containers that will keep your food fresh.
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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 in the workforce is 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 strategy allows tupperware to give you a 478% 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 now flirting with its 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 good, have a seat. you've come back from china. i want to talk about china. there is a lot of companies that claim they're chinese plays.
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you have 3,900 stores in china. you have a different kind of model there. how is it going? >> yep. it still is a direct sales model, a typical apartment there is about 400 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 3,900 of these. we didn't invest in these, a local distributor. >> it's really 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 they'll 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 about it. this great article, people worry about alienation, they want to connect, they want to affiliate. this is a way to connect with other people in a rising tide way for women. >> well, you are spot on.
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my wife says all the social networking, actually, is a bit anti-social. the need and the want for people to connect with other people. >> yes, it is. 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 an acceleration in emerging markets because of 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 30, 40% 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 1.7 billion middle class within seven more
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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 workforce frowned upon. is this a grassroots move that governments don't approve of or are governments always thrilled when their people are better? >> jim, i have been involved for the ten years in the world economic forum, the 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 work. but if you come teach our women to become entrepreneurs, one at a time, it's an inside-out program. >> that's 36% growth in indonesia, horrible. people don't realize it should be one of the bricks. >> i wondered, why isn't it? the people haven't been there.
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it's 240 million population. >> you recently gave a talk where you were talking about, you don't really care for the investor base that has developed. it's a renter investment base in this country. i've never seen anyone say this. when you are overseas, you mentioned one point, i wish i 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%. >> that's how you make the most money in tupperware. >> yeah.
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>> 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, including herbalife, that could ever adopt that model or is that too antithetical 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 mostly, we have about a third of our business, beauty 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. interesting sidebar point. everybody thinks china is so big. >> right. >> think about this.
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about half their land is mountainous and unusable. yet you got 1.3 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 running afoul of 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 1.75 leverage there. we keep enough of the powder dry. by the way, jim, that's why we are do a combination of raise the dividend. we double digit increases, 27% 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 a sustainable sacred dividend. that's what i feel about the dividend. it's sacred. >> that's exactly what we want, what we talk about all the time on "mad money." that's tupperware's ceo.
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you see why this is a different kind of company that's working globally. stay with it, stay with cramer. coming up, making waves. shark week may be over, but chart week has just begun. cramer's fishing for the best catches and identifying the predators you should avoid. tonight is it time to sink your teeth into lululemon or is this stock about to sink? when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company.
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i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger.  this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. [ agent smith ] i've found software that intrigues me.
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it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger.
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>> there are a ton of different ways to pick stocks. especially in a bull market like this one. normally on mad money we focus on the fundamentals, doing homework by researching companies, their sectors, taking into account the environment. that's me, i'm a fundamentalist. there is another school of thought out there known as technical 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. welcome to chart week, not to be confused with shark week on the discovery channel.
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every day this week we will highlight ideas 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 @jimcramer 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 all you home gamers. bob lang, the technician is the senior strategist as well as being my colleague at realmoney.com. lululemon , let's say it's a long time cramer fave. two months ago, the ceo, christine day, announced her resignation at exactly the wrong time.
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as a result the stock tumbled $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 lang thinks lulu's cart looks truly beautiful for the bulls. i'm inclined to listen. why? i'm inclined to listen because i have to say, the track record has been truly fantastic. three weeks ago, we knocked it out of the park with the regional banks, key and huntington banks. back in april, well, hey, told us to buy priceline $38 and trip adviser 66% gains respectively. does it get better than that? what exactly makes lang 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 bomb two months ago. you can see, it was quite frankly, it took people's breaths away. more importantly, look at the moving averages, okay. convergence divergence line, 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's trajectory. right now the macd line is about to flash a buy signal for lulu, 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 shown the buy symbol 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 there's the gap, okay. not the retailer. but the 12-point gap that was created when christine day
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announced her resignation and lulu dropped to $70 overnight. technicians believe that 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 all the way to the level that initially it crashed from. at $27 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. something that will send lululemon 12% 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 a brand-new high, no one is thinking that way. once that happens, lang sees lululemon , are you ready? straight to 100 and if it
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doesn't go there, you can have this spectacular outlet. well, maybe you can have it anyway. now, on the weekly chart, it's strong. but lang thinks the lulu's daily chart is even more bullish. take a look at this one. okay. here lulu's moving average convergence divergence indicator has been flashing that buy signal we talked about since early july. right there. voila, the stock has been rebounding ever since. okay. nice. nice. in fact, lang points out ever since since the macd bullish crossover, everyone will buy, lang sees, this is important people, a cup and handle 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 bottom. followed by a brief period where the stock trades sideways or
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lower. that's the handle. it's happening right now. chartists like lang believes once it breaks out from the handle, it tends to roar 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 single time, lang thinks lulu will be no different. meanwhile, they are showing a strong buy, up days recently. more on pullbacks like the one over the last few trading days. remember, high volume means it is telling the truth. lulu has powerful floors of support at 72. 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.
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with whether you will you, it's 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? because of the fundamentals, 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. let's go to dave. >> caller: boo-yah dr. cramer. >> what's going on? >> i'm calling in regard to j.c. penney, the stock is coming down. my question to you is, 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 to tell you, the chart looks bad, the fundamentals are bad. we have fabulous retailers that missed for a month and they have been getting clocked.
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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, and 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 for the long on the chinese e-commerce company dang dang. thank you so much. >> i do like ali baba, i don't like e-commerce, china, dang dang. chinese market will bounce, if you feel that way, play with the fxi. individual stocks, they go up, go down, where she stops, unfortunately, nobody knows. that's not the kind of investing i want to encourage on "mad
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some like sun salutation. i like some salutations. some like sharknado. i'd like chartnado. the charts say namaste to lulu. stay with cramer.
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>> it is time, time for the lightning round. say the stock, 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 five 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. i'm not that concerned. dustin in indiana. >> what 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. >> caller: hey, jim, you are the man. >> thank you. >> caller: okay, listen. i have short-term and long-term positions in exelon corporation. 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. >> yes, hi, jim. i want to thank you for all the help you give us home gamers. >> my pleasure. doing my best here.
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>> caller: my stock is urban outfitters. >> this stock seems to be resting. a lot of people feel it's over. i don't. i like the management team. i think they can reverse higher, not lower. jeff in california. jeff! >> 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 qdell. >> i like the diagnostic business. i'm not stopping recommending that group. the government likes diagnostics. 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. another ancillary drug and health care play. john in florida. john!
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>> caller: hi, jim, i'm in dunedin, florida. a month ago, you recommended amd, advance microdevices. i purchased it at $3.98 which is the mid-way between the 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 had my eye off the pc business, that was wrong. i like the gaming business. i want to go to ara in ohio. >> boo-yah, cramer. michael kors. >> what's up? >> caller: many say it's pricy with the tag of roughly 1, i think it's cheap. what's your take? >> we have liked this from the beginning. we liked when he was sluggish in stock. we reiterate kors is one of the fastest growing companies in the universe and therefore should be bought at 72 or lower. ladies and gentlemen, that is the conclusion of the lightning round.
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>> what do you do with a fresh faced ipo that roared 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 stratosphere. channel advisers, ecom the cloud-based software is a service company 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 opportunities out there. ecommerce. i told you to get in ahead of the ipo back on may 23rd. sure enough the stock spiked 32%. last wednesday, the company proved it's not one more red hot software as a service ipo, they reported dramatically smaller than expected loss, accelerating
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revenues rose 8% year over year, they gave up guidance the stock shot up 20%, rising to 23.78 the next day. ecom $28 today deservedly. it's doing well, it's almost doubled since its ipo three 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. i have to tell you, i think this is a part of a larger 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 think we
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will be growing 15% compound annual rate between now and 2015. >> i think people try to figure out, i see an ad, an embedded ad in facebook or twitter. 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. we don't do ecommerce websites. there is tons of companies like demandware, shopify. we help retailers take the products on those websites and put them across the internet, search, google, yahoo. shopping.com, price wrapper, even google'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 algorithmically we can't think of?
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>> retailers try these channels. they are having a hard time keeping up with the demand. they use our product to automate that. >> when an omnicom merges with 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 biased. facebook went from 25 to 38 when people saw that they have a mobile solution. yelp has a mobile solution. linkedin has a mobile solution. open table 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. you have bar code scanners, if are you in retailer, can you do the showrooming. order it online. have it delivered to your house.
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>> i would be worried that google, amazon would say, i got to put these guys out of 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, facebook, et cetera. by being neutral, we provide a solution that other people won't do. >> china, google, no google, china doesn't want google, google doesn't want china. you have expanding business 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 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 in chinese or mandarin or cantonese. they said, we don't care.
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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 export out of china into these channels. >> why is this more effective than keyword? >> keyword is one of the things they do. with key words you have to set up a website, come up with the key words and have a website that converts. if you are a chinese manufacturer, you want for the put your product in front of the consumers. they have hundreds of millions of consumers there already, you are putting your products in front of the consumer. >> you have a novel way to get paid, which is 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 money i will pay you, forget about it? >> retailers like our pricing model. it's a shared success. let's your number one job is growing, your number two job growing. it's also your number three job. you start to talk about profits,
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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 me and say we are already doing $100,000 a month on ebay. we say, great, pay us $5,000, a small percent, you have incented 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 just 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 programmatic 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 outpriced. click here to lower your prices and be more competitive. 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
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conference call. it explains a lot of this. i want to go over some of the ways they are paid. fact that it works 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 when they smell blood. it 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 karen 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.
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the market roared back and those who bet that there would be a big run on my hedge fund, let's say they were disappointed. right now, a bunch of shark heads funds are around pershing square. he is in the same trouble i was in. he made sure herbalife has given carl icahn a chance to run the stock with nice growth. j.c. penney, ron johnson to become ceo. now he's angry, campaigning against mike ullman, johnson's replacement, this time with howard schultz, 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 investors are thinking, let's say you think he's going to struggle here, you want to profit from it, perhaps you wait until investors had enough. you can shoot against ackman like those who shot against me. remember, my opponents ultimately got hurt by the
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rising tide, if you go to battle, you need to hedge your positions or get crushed by a move higher like my adversaries did. all i know, investors are showering ackman with money because 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 holdings. 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 markets. the records show a position in burger king. if ackman is right, herbalife is recruiting methods. the analog is a new skin, if the government is going to investigate direct selling practice, that would affect new
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skin. of course, the sharks who fought me, you might not profit, however, you want to challenge the man who howard schultz called the destroyer of companies at least now, you have your hedge buy and sell list. may the best man win. when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger.
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>> two good ones. here's my take. >> channeladvisor and tupperware tup are working. i am jim cramer. see you tomorrow. begin suddenly, without notice. this one begins on a january afternoon in 2009, when a man named janis krums boards the ferry for his commute home from manhattan. >> that day was like any other day. very cold day. >> they set out for the short ride across the hudson river, same as always. then comes the announcement. what's the first indication to you that this trip is gonna be unusual? >> the captain going on the speaker, saying there's a plane in the hudson. >> just moments earlier, a

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