>> don't forget after the marketplace tonight and the krerceo will be with jim on ""mad money" later. that's it for "power lunch." thank you very much for watching. >> "street signs" begins right now. simon and i will see you tomorrow. i think sue and simon got photo bombed by that cute girl at the new york stock exchange. very cool. it may be the calm before the serious storm. markets uneasy, ahead of possible u.s. attacks on the country. we're going to meet the man who helped build the rocks and oil infrastructure. he's here with what to watch for in the region. you need some stock picks? we have some names you may not think of. plus, why air travel makes it very, very difficult -- air trat

very, very difficult in the next decade. why employers are telling employees to pick up the phone, mandy. >> good advice, sullivan. let's take a look at those markets. enjoy it while it lasts, folks, because the dow is having its best day. that doesn't mean it's back in black for the month. in fact, the dow was down 4% for the month of august, the s&p is up by 2%. which leaves the nasdaq. which is best for the month with the gains we're seeing today. rick santelli in chicago, bob, was today's economic data good enough for the fed to move ahead with the -- i'm going to call it the stimulus process. what do you think? >> it is kind of boorish to use the t word. i think the general feeling is yes, it is, but just barely and it's still a pretty close call. today, just two themes overall. a lot of confusion on the timing

of any syrian action by the united states. we don't really know when it's going to be. that's an issue. but the general feeling is the better gdp and the claims just barely good enough to make an argument of the taper light to probably happen in the month of september. let me show you something that happened that's interesting. you know the disaster emerging markets have been. we've had real turnarnds in some of the emerging markets. brazil still down today, but the bank of indonesia, the bank of brazil both lifted their bench rates. india is unchanged right now. that's interesting because it was up earlier here. central bank is exchanging dollars with oil companies so they can basically go out and buy oil. there's been active movement from some of these central banks in the emerging market countries. finally, nasdaq has sent a letter to its listing clients, those are the people it works for. no big advances in what happened with that glitch last thursday, but they did have a bit of a mea

culpa. it's clear these systems could be more robust in the system markets given the complex market we operate in today. and they said we have a transparency commitment. they said we're going to be committed to providing you with information as we know it. they've been criticized for not supplying information on a timely basis. they're basically saying a connotation issue and nasdaq caused the problems on thursday. i think we'll probably get to the bottom of this fairly shortly, but again, at least they're not communicating with their listing clients. okay, rick santelli. as bob was saying a moment ago, bonds moved up after that gdp was better than expected. it does feel that the bond market maybe feels these numbers are good enough. >> no, but i feel good enough is a big area to debate.

look at this graph of the quarter over quarter changes of gdp over the last three years. down 1.3 the end of '11. the last quarter was strong ees at 2.9. it certainly was in crisis of numbers, and i think that's why you sea a kickoff of the yield to the upside after that devised gdp. today, dear loyal "street signs" viewers, we're revealing two things related to the fed. this one is called the taperometer. it measures the feds slowly buying their bonds. one is absolutely no chance. 10 is i guarantee we're going to have a t-word, the taper, before too long. we got the better than expected gdp numbers this morning. so that moves the meter. we're offering the tapeometer at

07. any time anyone here at cnbc uses the t-word, taper, you owe us a buck. i think i owe four bucks. i don't have any change. here's a ten for an advanced payment. when it's full it appears on us. >> i think you need a $50 advance payment in there. and pozoni has to pay up as well. and you know what, i think the guests should pay up as well. let's see how much money our guests are going to pay, because depending on what thepg aboy th about the t-word, they might owe a lot of money. julie coronado and you have been warned, by the way, about the t-word and the taperometer jar, or the tape jar. but i want to ask you first of all, david, do we now have the green light for a t-word in

september? >> yes, i believe the federal reserve has got enough to reduce bond purchases. i think that's allowed. and i think that's what they're going to do. i think it's really interesting that we've got 2.5% gdp growth. i think the claims numbers suggested by 200,000 other jobs, that's not great. but the thing is, it is good enough, i think, to cause the labor market to continue to tighten. to me one of the things we're researching right now is just look at how much the labor force isn't growing. if you look at labor force growth, it's just collapsed. i think we have a chart of that of just over the last few years. and the second thing is we're not investing. investment spending is less than 2% growth since the end of the tech bubble, and because of that, the net capital stock is growing. if you're not hiring more workers and you're not giving them more tools to work with, then i don't like the gdp growth. but gdp is pretty good with the

capacity to grow. >> so it's not really good but it's a little good. and julie, i believe you don't think it's enough for the t-word in september. >> no, i don't. when the fed gave its guidance on tapering, it believed it was not going to tighten market conditions nearly as much as we've seen. so the market reaction to their efforts at transparency has been beyond their wildest nightmares, and we're starting to see that have some impact on housing, on durable goods orders, on investment, as david mentioned, so i think these are worrisome signs for the fed. there is no real reason to be -- to move forward with any urgency. you've given the shot across the value, squeezed out some speculative positions. now you can be patient, and i think the fed wants to taper into strengthening data. i think what we saw today isn't good enough. it still depends very much on the employment report and what

the tone of that is. but i think on september 19 they're going to decide on the err on the side of caution given what the markets are. >> what number would they have to see, then, to convince them either way from that payroll number, julia? >> i think it's going to be the payroll number. i think we have to see a solid 200 to slightly better, something that makes the july number looks like the anomaly. but keep in mind with the weak gdp growth, we have what's referred to as the productivity conundrum, which is why is hiring so resilient when gdp is so lackluster? there's some worries that the hiring could continue, or also worries about the quality of jobs being created. there are mixed views on this committee, so i think the market has got a little ahead of themselves over the past several weeks, month, pricing this in. i think for the actual deliberations around that table, it's far from a done deal. >> so, david, if we look at gdp,

right, good number today, but now i'm staring at oil at, what, 110, 112 bucks a barrel? gasoline prices going up all over the country now. do you have to ratchet down your gdp expectations going forward because of this? >> not too much. i think this should be a short-term phenomenon. if you look at oil inventories in the united states, they are huge, and particularly as a speculative surge in prices. but everything i'm looking at out of the u.n. parliament today says that anything the president gathers together, they're going to have to go easy here. you have a short-term strike, but the idea is not to start a bigger conflict in the region or exacerbate a conflict in the region, then i think the oil prices spike and go back down again, and then you get this growth rate. but i think the growth rate is enough to push the unemployment rate down. so i think the key thing in the unemployment report isn't so

much growth. it is is the employment number down and are wages going to creep up? if they are, i think they will begin to reduce bond purchases starting in september. >> i believe your investment advice on the back of this, david s to rotate the stocks that you do not believe even a wind-down of quantitative easing, i.e., the t word. julia, david, thanks for being with us today. >> we're coming for you, julia and david. we have some important news coming into cnbc. hampton? >> the treasury and the irs are announcing that all legal same-sex marriages will be recognized for federal tax purposes. a joint statement from the treasury and irs ruling today that same-sex marriages legally married in jurisdictions that recognize their marriages will be treated as married for tax purposes. the ruling applies regardless of whether those couples live in jurisdictions that recognize

same-sex marriages or a jurisdiction that does not. it implements that june 26 ruling by the supreme court, of course, that in validated a key provision of the 1996 defense of marriage act. that announcement from the treasury and the irs. back to you. >> thank you for that breaking news. we're going to keep a close eye on the development in syria. we'll have a live report from the region just ahead. and the impact on your portfolio. get ready, then aim, and then trade some of these defensive stocks. also, ford is on the move, and oh, boy, what a 1930 model a and brand new fusions have in common. also, by the way, you can always contact us. we're on facebook, we're on twitter, we're on e-mail. we are omnipresent here on "street signs." to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning

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welcome back. i'm bob pisani on the new york stock exchange. nasdaq has something to say about the breakdown last thursday. they say it clearly was within the control of nasdaq, so taking a little responsibility for what happened there. they also said the breakdown was caused by internal as well as external factors. they say the failure was partly due to unprecedented volume -- that's their words -- sent to their security administrators. nasdaq, they say, are working on potential design changes to the

sip data feed, and they also specifically note that the overload revealed flaws in the processor's software code. separately, the flaw prevented the backup system as well. a lot asked, is there a backup system? apparently it prevented that. they are looking at a review of policies and procedures for communicating with customers. i noted earlier in the day they sent a letter out to their clients stating they have a new commitment to transparency, and that's their words, saying they will provide information as we know it. a little different attitude there on the part of nasdaq. finally, mandy and brian, this is very interesting. they specifically say high frequency trading played no part in the breakdown. back to you. >> yeah, but yet they're talking about unprecedented volume, so it's an interesting semi-conscious subdivision. bob pisani, thank you very much. i know you have more throughout the day. elsewhere, the pentagon

saying that its timetable for missile strikes on syria remains unchanged. this despite wavering support from lawmakers in england. that means the u.s. is likely to strike syria within days. amand is live in syria. amand? >> reporter: over the last 24 to 46 hours, an influx giving you a sense of the anxiety that has gripped that country in anticipation of a possible air strike. they're telling us in the past couple days there has been a skyrocketing amount of food shortages, prices have s skyrocketed for food and necessities. that has made it impossible to think of a possible air strike. you've got one of syria's closest allies in the region, hezbollah, based on southern

lebanon. they have come to the possible defense of the assad regime. they said they would fight with him until the very end. if syria did come under attack, hezbollah would be willing to defend the regime, and that certainly has people across the region concerned there could be a spreading of violence across the entire middle east. also, on top of that note, one of syria's closest allies, iran, the commander in chief of the armed forces there also came out as saying if the u.s. did strike syria, it would be equivalent to the second vietnam war for the american military. more importantly, it would not end favorably to the united states and its allies, so a great deal of anticipation with this air strike. back to you. >> thank you for joining us live in beirut, lebanon. stay safe. when you listen to this possible strike on syria, you're probably wondering, how does this affect me as an investor?

don, what have you found? >> mandy, as the possibility of a military intervention against syria looms, many investors have looked toward defense stocks, specifically some of the companies who deal in longer range strike weapons, like bombs or missiles. one of the companies is raytheon. it makes among other things computer systems. they're perhaps best known for their tomahawk cruise missile which is a longer range firing weapon. it's typically fired from naval ships and submarines, and raytheon defines it as a, quote, unmanned aircraft that goes on a one-way trip. back in the libya conflict in 2011, more than 200 tomahawks are used. they are ordering 196 missiles per year through fiscal year 2018. in this next year, the plan calls for spending over $312 million on these tomahawks. that means the approximate cost

per tomahawk comes in at $1.6 million. raytheon stock has been on a tear in 2013, up nearly 30%, handily beating the s&p's performance. earlier this week, they down-rated the stock. it's now a hold stock there. other stocks had down runs. look at aerospace giant boeing and the biggest contractor, lockheed martin, they've all had big returns this year. the question is, does it continue with or without a possible syrian conflict. back to you. >> we're going to dig into that now. thank you very much. the fact that syria is grabbing headlines these days, don't take iraq off your radar. it could respark fighting in iraq, potentially putting the 3 million barrels of oil at risk, and the risk of the pipelines getting blown up that we talked about yesterday.

let's bring in burt hickock. he worked in iraq. i believe, burt, this is your first ever tv interview? >> yes. >> you're lucky because this is the best show. we're going to be nice to you. it's fun. do you believe there is a real chance we will not only strike syria but strike syria repeatedly? >> president obama has really painted himself into a corner to not do anything now. it would weaken our perception in the middle east even more than they have already. >> once you tell somebody at a bar, hey, dude, if you keep running your mouth, i'm going to hit you, we're going outside. if he keeps running his mouth, you have to take him outside or you lose credibility, right? >> he drew a red line and put himself in a box. there's very little he can do to get out of that situation. >> let's take this one step further in regards to the iraqi question. if we strike syria, do we align with iraq?

>> the reality is the syria regime, we did business together. they were in the process of putting together three export pipe lines, two crude and one natural gas, to be built through syria. that's important to both countries. so i don't really envision a strike or retaliation by the syrian government into iraq. but there are a lot of violent extremist groups. al qaeda iraq. they have ties to the syrian brother. >> they don't even have to have ties, right, burt? because they can use any flare-up in the region and say, ah, now is the time to reunite for our cause. you and i spoke before the program about the pipelines of the you've seen pipelines actually be blown out, but here's what's comforting. how long, or tell your viewers, how long does it take for the iraqis to put back together a

pipeline? >> it's really quite impressive. while i was in iraq, i saw 20, 30-foot sections blown out of deep, underground pipelines. they cut off a pipe, the oil, within five minutes. they know within five minutes something has happened because the pressure drops. they turn the oil off. there is still a spill of 25,000 gallons because of the difference between pumping stations. but they'll send a crew in and they'll separate the spilled oil. they'll get into the pipeline within 72 hours roughly. they will get that pipeline repaired and oil pumping through it on the way to turkey. >> i know iran is an incredible wild card, very unpredictable these days, but given your experience, what do you think the iranian response to this will be and is that a risk to oil supply? >> as soon as you start lobbying somewhere, the unpredictables

increase enormously? what can iran effectively do? that's a big question. obviously the big point is these strangers at home. would they actually do something that would o -- that's a big step to go that far, so my thought is that this is going to be short lived. >> there is a. until we see what the u.s. does and the extent of the attack. it's just -- >> that's what so much of the markets are these days. it's a real pleasure to have you on cnbc. you get the impression people have actually been there, done these hours. on deck, parents just don't

understand, but also. >> we have covered the code or what makes my len yals tick? "street signs" the up right after the break. the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans.

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well, at last summer vacation is almost over for the kiddos, for some it is already over, and for retailers back to school is a crucial period, the second most important retail season of the year. courtney is taking one for the team, right? she hit the mall way bunch of teens to see what they're really buying. court, the question we're going to ask you is what did you find out, but what i really want to know is where did you find some teenagers? >> if i'm totally honest, they are friends and neighbors of cnbc folks. friends and neighbors and all that. >> so what did you discover? >> i went shopping with eight new jersey teenagers, just note they are from here, to try to figure out what many teen

retailers haven and haven't bee able to do. we also learned teens only want clothes if the price is right. they want things only of value but they also want their money to stretch. >> they have really nice products at the gap and the prices aren't too bad. >> i'll be buying gas and stuff like that, so i have to make sure i have money to get back and forth to school first before i buy new clothes. >> almost every teen says they're kicking in some of their own money for back-to-school shopping. >> my parents will pay for whatever i need, but say there's something i really want but i don't necessarily need it or it's not in the budget, if i really, really want it, then i'll get it. >> which of you will be spending your own money for back to school? almost everybody is throwing in some money from babysitting or chores. one guy said his spending limit

is $100. but if they really want those lebron james kicks, which is a real possibility, they'll have to come up with the extra cash. now, they told me they've grown out of the hollister and posta lerks sales, but they also said they're too expensive and have that big labeling. many haven't bought any new clothes for back to school, but they all go back to class in the next two weeks. the girls are waiting to see what everyone else is wearing before they buy. >> i understand uggs are over. >> yes. >> you disagree? >> yesterday on "street talk" we did a jeffrey's note and they said search trends for deckers products were actually up. so there's a little difference there. maybe uggs are a, hey, we're heading into cold weather. >> these are only eight new

jersey teenagers, right? but what they said was first they said they like to spend more money on spring and summer clothes because in the winter they like to be more comfortable. they said they've grown out of uggs, they want the riding boots. i think they think they're just a little slouchy. >> were any spending money they made themselves or was it all from mom and dad? >> that's what we mentioned, that most of the money would come from mom and dad, but there were limits and that kids would have to pitch in to go the extra mile, if they wanted the shoes for a little bit more. >> as they should. we were all working at fast food joints and restaurants. >> i did three summers at fast food restaurants. my parents were broke. it's hot, it's dirty, it's hard. no teenagers are working now. >> well, one of the girls was a referee. she refs on the weekends,

babysitting, chores. >> as you've seen, i already sent my kids out to do lemonade stands. >> that's against the law. do the authorities know? >> they're so cute, everybody wants to stop. it's a hot day, everyone wants a lemonade. say adios to mexico. detroit making way for american-made autos. is there real money to be made in music? we're going on crank up the music, when we come back. ♪

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is. let's talk some ford, right? it says it is going to add 1400 american jobs. >> let's break out the air dancer. ford saying -- here you go -- all american air dancer. ford says it's part of a plan to bring 12,000 hourly jobs back to the u.s. by the year 2015. phil lebeau, you're jumping forward. i know you've been in flat rock, michigan all day long. i know our colleagues at cnbc doing great things here.

sa is all of ford leaving mexico, just part? what's the story? >> the story is this is part of an expansion here in the united states. 1400 jobs being added at the flat rock plant, a second shift. half of ford's plants in the united states will be running on three shifts. so you're talking about greater efficiency at its plants, and then the sales side of things, you're looking at ford starting to nibble away at general motors in terms of the overall market share. nobody is saying ford is going to pass general motors, but gm is at 18.1%. look where ford is, up .6 of a percent. and guys, i have so show you this picture. today there was a worker here at the flat rock plant. he's been with ford for more than 30 years. he stopped and said, i love what you've done for this company. please autograph my shirt. there you have a picture of it.

shidel guron, i think i mispronounced his last name, he's walking around behind me. you don't see that often, someone at cnbc signing a shirt. >> let's leave out the trains for a second and go to cars and planes. let's bring up a chart and show our viewers what's happening with the shares of boeing. they're up slightly on the day, but you know what, it is actually having a good impact on the dow. now it's up 1.6%, so a really good gain. the company issuing a warning about a coming pilot shortage, phil. someone has to fly these planes, right, or are they going to make a dreamliner drone in the future one day? >> mandy, i'm not sure if this is a warning as much as it is boeing saying, look, there's a greater demand for airplanes around the world. that's a fact, that's not going away. as a result, you're going to need now 480,000 new pilots over the next 20 years.

that's a revision up about 20,000 for boeing in terms of the number of pilots the company is expecting. keep in mind, most of that growth is created because you have older pilots who are retiring and you have huge growth in asia. and for boeing rgs thi, think a this. this company is now on track to deliver roughly 635 commercial airplanes this year. guys, if they hit that target, it will be the best year in terms of commercial airplane deliveries since 1968, and it's only going to continue going up from here. so that's an indication of what we're seeing in terms of worldwide demand for commercial airplanes. >> stare numbers there. phil lebeau, thank you very much. we have cyd ger sr-- jason .

what is going to bring in those buyers on boeing? >> the thesis on boeing generally speaking is past generation, risk of retirement and shareholder returns. we have ramping 787 production and ramping generation of commercial aircrafts that are generating a lot of cash. on the commercial side, the 787 program is being de-risked as we speak. that should be good for the stock. and then last the, shareholder returns. all that cash they're going to generate, it's going to come back to shareholders in dividends and repurchases, and investors appreciate that at this point in the cycle. >> so what is going to be the one thing, or maybe two, that would not get boeing to your target price? >> well, clearly, misexecution on the 787. we still have another rate break in front of us this year, seven aircraft a month now.

they need to get to 10. and they need to get the cash flow break on that program at some point in 2015. the 787 is the key factor here for boeing at this point. >> jason, thank you very much for joining us today. one year performance going up 47%. not bad at all. all right, do you hear that song? it's well played. we all know this one. just one of my summer picks for the 2013 play list. i'm going to try to put that out on spotify tonight. coming up, we're going to talk to a guy who is betting big on the music business. we have a trio of picks to get you sailing into the weekend, nice and easy, nice and smooth. hey, it's already friday in australia. kelly, what is coming up on the final bell for us? >> love it. coming up on the closing bell during the most important hour of the trading day, mcdonald's

stock is down today, but wendy's is up. we' they are striking in 60 cities today. retired general barry mccalf free will join us for a look at president obama's options. td bank stock up today. we'll discuss that and some of those pesky bank fees. that and much more on "closing bell" and on "street signs" after this. including the es and rx. ♪ this is the pursuit of perfection. ♪ nascar is ab.out excitement but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets,

posts and stories into real-time business insights that help nascar win with our fans. in a we believe outshining the competition tomorrow 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,

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slapped with a lawsuit today by a small non-profit group that collects digital royalties. it could have a huge impact on all these employers currently on internet space. let's discuss this with an investor on on-line digital music companies, and i believe you're one of the first big investors in songs as well, so you know a thing or two about this particular sector. what do you know about this and how do you think it's going to pan out? >> i'm not a music executive personally, i'm certainly not an attorney, but from -- >> thankfully. >> thankfully. i have a son who is an attorney, though. this isn't the first time --

i've read a little bit about this alleged case today, and it's not the first time the year -- i think it was in 1972 or before a certain period of time where the pricing and the licensing and the royalties are a little murky, and i guess my take on it is that contents creators deserve to get paid, but the biggest takeaway, it seems there is a lack of clarity and there is not a level playing field. pandora bought a radio station in the midwest, i think -- >> a tiny one. just because the royalty issue. >> right. so we have terrestrial radio playing one type of fee, digital playing another. >> you are the backer of songs, though? we have a guy running songs on here saying it's getting awfully crowded out there. google, you've got spotify.

who wins and how? >> our thoughts are that music is great at selling stuff, just not music. what i mean by that is we saw with -- spotify, for example, that paid out close to half a billion dollars this year. whether or not they're making money themselves or not, all of that aside for a second, there are other ancillary revenue streams i think that is great for music. when i think about sort of music ownership versus access and commerce and contextual commerce, you see beats by dre or by what jay-zee has done with samsung or justin bieber being a top seller of perfume. music is great at selling stuff, just not music. >> so to brian's point, who could potentially no longer

survive in this space that's so crowded? >> the musicians. >> one person out there is creating content and most actively, people are are consuming. without the artists, without the content we're not here today talking about that. so i think that the world is changing around this 360 music concept that everyone has been talking about for a long time. so i think that the artists deserve to get paid, and they're figuring out ways to do so. >> we could see more of this kind of lawsuit as well. david, thank you very much for joining us today. >> folks, you can go to cnbc.com for a special series of what artists have to say about this big move toward digital, because it's not slowing. coming up on "street signs," we are talking the telephone trade. should you be hanging up on at&t or should you answer the call? and bosses have had just about enough of young workers and their e-mail. they want you to pick up the

bleeping phones. it's our talk of the day, coming up. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine.

nascar is ab.out excitement but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans.

more breaking news out of d.c. the justice department dropping its opposition to state laws

legalizing pot. here with the developing story. >> the justice department putting out this new policy in the last hour or so, and in essence, what the department of justice is doing is taking a much more mellow approach to legal enforcement of marijuana laws, including in those states that have legalized those will be their enforcement policies. they've got eight particular policies like those outside of that they are going to take a little bit after trust but verify approach with these state governments and allow them to develop their regulatory regime as long as they are regulating it and the federal government feels that's fine that's a bit after hand-off approach and any state here after that legalizes marijuana. big change here. >> i think the states will see the tax revenues they bring in

and all of a sudden it will be like, remember casinos were like one stated them. i think all but hawaii and utah -- >> maryland opened up a couple of new ones already. i think it is similar with mama. and then, when does big business get involved? >> it is amazing how the color of green makes wheels turn. >> makes america turn. >> depends on the color of grown. >> so many puns here. >> i know. very kind on the show. >> i don't want to confess anything here. >> i like the comment -- >> see how i did that. >> yeah. slipped it right in. where should you be going in stocks in our next guest says it might be time to get that one company in for mother of love. a tech stock that needs love would be intel, i believe, kim

sh. >> yes, it is. very unloved stock. we are a valuable warranted stock and hopefully intel has the technology and marketing to be able to make that happen in the next year or so. >> and kim, i love it when people bring names we haven't heard. some names out there and you brought us a name, they make -- they make like housing products but chemical-based. i can't even pronounce them. called axial corporation. who are they? >> perfect. perfect. they are a spin off of ppg. >> oh, so they are also hometown pick for you. >> they are. >> ppg pittsburgh where you are. >> they are. >> i see how it's going now. >> right, right. they did this reverse merger with somebody called georgia golf corporation. and they have products or that their plant were very, very much alike. so they make the basic component

for plastics. and given that again we're in the middle of the shale here in pittsburgh, we see a tremendous benefit coming out of a couple of pipe lines that are going to get built and get complete here. and then be able to ship ethane, which is the basic component of plastics. so we think axiall will have a really great foundation going into the future. >> i can see a theme running through your stock picks, that is that they are a little unloved. in axiall, it is down 1.5%. at&t its year to date performance is kind of flat. >> right. at fort pitt we believe in trying to buy great companies at reasonable prices. all three companies are very good at what they do. they are not really -- they have a few blemishes on them or they wouldn't be down this year. but they are ones we think they

can recover from. and that's kind of the general theme of all three of these picks. >> kim forest, truly a pleasure. especially if you say things like "perfect" on the show everyday. let's look at verizon vodafone. right now, verizon, cellular, joint venture between vodafone and verizon which provides all kind of stuff. that would allow customers to received combined bills for home and mobile phone service among other things. and one reason behind that proposed deal, increased data use and video streaming on smart phones. who doesn't know teenagers? even 20-somethings who have their eyes glued like zombies to their cell phones all the time? isn't that right, mandy or john? >> i cannot speak to you because

i don't have my phone. >> what are you saying, john. >> just text me. >> younger workers e-mail too much and not, you know, pay attention to what they are doing. they want -- a great story in the wall street journey today folks, bosses said enough e-mailing -- i said freaking, i said freaking. >> if you say it enough, i will believe you. >> get on the darn phone, john. >> back in my day -- >> back in my day -- >> for being on the phone too much, right? late into the night on the phone. >> yes. >> for actually talking. now we are criticizing the kids for texting too much. it is just a natural flow, right? but we also want to hire them for their social media skills. >> why? >> why do we want to hire them for social media?

>> does social media help anything? that's a different segment. >> you look at oracle and all the companies are doing, someone is hoping that pays off down the line. it seems like kids these days just need to learn the right tool for the right situation. >> and in the future, people say, will you get off google glass and get back to texting, please. >> there is a serious point. i tweeted this out earlier. and i mean this. i've been around a while and i told the younger members of my team, i understand productivity tools we have seen grow over our careers. one phone call is worth 25 e-mails. one handshake is worth 25 phone calls. relationships matter. that the gist of the article. if you're in sales, you have to know your customer. i've never made a meaningful relationship through e-mail or even phone calls. it is handshake. cocktail. hello. look in the eyes. >> that that is true. at the same time, you can keep in touch more people if you know the right median to keep in

touch and keep the tentacles out. i think it is a matter of balance. >> so when we ask our viewers to interact with us. tweet us, facebook us. >> call brian on the phone. >> i will give you his number. >> coming up, an icon of american autos on an historic drive. it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning.

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