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tv   Mad Money  CNBC  September 11, 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 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 some money. my job is not just to entertain you, but teach you and coach you, so call me at 1-800-743-cnbc. the first rule of growth stock
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investing, under-promise and over-deliver. it's what all good managers of tremendous growth companies know to do. they rein in expectations, tamping them down so they can later blow them away. in short, they play u.p.o.d. the initials for underpromising and over delivery and it's exactly what you need to get your growth stock trading at a much higher price. ♪ hallelujah oh, but tim cook, the ceo of apple, apparently has never heard of upod, and because he doesn't know the meaning of the term the nasdaq gave it away even as the dow went in the s&p climate at 1.3%. apple's dreary iphone presentation yesterday, where we got more colors and more security, but no pizazz and no smart pricing to take on samsung, the current handset colossus, was the quintessential
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opposite of upod, hence why the stock dropped today. he somehow disdains it and he thinks that he's above it. it doesn't matter. what matters is that apple rules so shut up and love it! if you disagree with us, hit the road! as the analysts in three major firms did today when they downgraded the stock to a hold. look at chipotle, starbucks, you find companies with chief executives who know the game. not ashamed. they never let expectations get ahead of the reality and they don't make promises they can't deliver, and while they will tell you they disdain focusing on the stock rather than the business. it's called the shareholders and they want to please them. maybe cook believes in the homily, please all, please none. i think it's worth it to explain
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where the overpromising came in. last winter, even back then, analysts were about the dearth of innovation. the company introduced a phone that wasn't ready sulfurwise and no one wanted it even if it have benefits that people didn't understand. they were thinner and they weren't the answer to samsung, apple's fiercest competitor. and a company that is simply decided it was going to win by any means necessary. samsung, i was thinking all day today. who are they like? they're like ulysses s. grant. no nonsense. he didn't make a lot of friends. he didn't promote himself. he kept his job, though, for a simple reason as president lincoln explained. i like this man, he fights. i like samsung, they fight. if you want to change analogies, but stick with the history thing. samsung's variant on underpromise and over deliver is a bit like teddy roosevelt on technological steroids.
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speak softly and carry a big galaxy. what did tim cook do last fall when he didn't do anything to please the critics and they weren't critics the year before that? he said basically, you ain't seen nothing yet. he told people in 2013 to be filled with omg products and including something breakthrough and revolutionary with television. he didn't rein in expectations and he didn't discourage talk about apple taking over your living room, he stoked it. where are they? moving colors? is that what omg is? didn't we have for the ipod? touch screen ids? how about a price scheme that would take back share from samsung, which is famous for its price cutting. no, they gave us high price points. how about the chinese telecoms that the street was chattering about and maybe they haven't hit yet, they better. you aren't practicing upod where it may or may not happen.
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you think netflix does that? they're saying we're doing the best we can. chipotle stopped promising anything after the stock plummeted 100 points a year ago, and now it's come back because it's been underpromising and overdelivering ever sense and it's outsized technological gains and what they actually developed. under armour reminds me of the old apple. as howard schultz said so last year when we interviewed him on "squawk on the street" when he said at year end that his chinese business wasn't going to falter and there was no cannibalization in the u.s. we get a realtor in europe, we get super duper growth in china. an acceleration of sales in the u.s. talk about underpromising and over delivering, and howard announces baked good and juices that have been tested where the stuff's offered so they'll roll it out nationally. look out. now that's a man who knows what a presentation's all about. shock factor! we'll take two of the
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best-performing stocks of 2013. have you noticed how they keep estimates? they've kept a little in the estimates and the macular degeneration drug for two years and celgene has tried to lay off, because he may underdeliver on approvals. he doesn't control them. he knows better. the most important thing you need to understand is this is not a dirty game. it's not beneath anyone. i first heard upod explained to me by a major consumer products company ceo and everyone who is watching knows this company's products. see, it was part of a roadshow when i was a money manager. i told him what i thought he could earn and all of the good news he expected from this firm and he told me to give him a break. i said why not? he spelled out the letters on a piece of paper. upod? he explained what it stood for and how he practiced it. the goal, he said, was to never let anybody get too far ahead
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and never promise anything because the shareholders had the right not to be disappointed. he said that. they had a right not to be disappointed, and he did that as part of his job. he sold his company for a huge amount of money. again, half of the people they're watching this show, and he didn't regard upod as antithetical, and he thought it was ancillary. what could tim cook have done? i suggested some of the litany, if you have a breakthrough product go do something bold about it. buy twitter for social and go buy netflix for video or sprint, and bundle it with netflix and reach 150 million people, and the apple stock loads and some would say hoards, but it would be a much better use for the money than buying back stock or raising the dividend because it would give the company hallowed growth again.
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investors would pay a higher multiple, even if it would be an initial hit to earnings. it's obvious that no one cares about these earnings anyway. when you promised that 2013 would be the year of good products and you hinted that there could be a big apple tv launch you better have something we're showcasing besides colors and security. i don't even know if i would -- i don't know if i would even have bothered with the intro meeting like the release. i would have just said, okay, put these new, incrementally better cell phones into the stores. maybe we'll get buzz. that's how a stock gets crushed like this one today. let me give you the bottom line. apple practices opud, and when you practice it you're eviscerated. don in maine. don! >> jim, how are you? >> good. how are you? >> good. a while back you had a high opinion of yelp, which has had excellent results. jim, what is your present opinion? >> i'm yelping! i happen to think that yelp will
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be one of the great growth companies along with linkedin during this period. why do i like yelp so much? i want you to go to the salesforce.com presentation, thank you, mark benioff, where the ceo of yelp comes on and talks about what the mission of the company is and what he's going do and you will agree with me that this stock cannot be contained at the $60 level. i need to go to bill in ohio. bill! >> mr. cramer. >> yeah? >> i want to thank you for so much help. >> thank you. >> you're welcome. i'm a retired person for the last five years and i am making more money in the stock market than i ever did working, and mainly because of you. >> thank you, sir. as i was talking to regina gilgan, the executive producer, some of these days are real hard and when i get a nice compliment like you just gave me it stays okay.
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>> i have verizon and at&t, and i have quite a bit of stock in each one of them. >> oh congratulations, sir. good. >> and i have to get a little bit -- i have to sell a little bit. i've got some problems, and how do you compare the verizon and at&t? i know they're both good companies, but -- >> i do like verizon more than at&t. i do think verizon's stock should be a little bit lower given the money they're shelling out for the vodafone and they should have spent $30 billion more as my friend had in "the new york times" last weekend. i can't tell you to sell at&t at 36, but at 34, i'm going beg you to hold both of these until at&t goes back to 35. a dollar doesn't mean that much, when it goes to 35 i'll feel bad if you sell it. there's no hurry to get rid of at&t. gail in north carolina. gail.
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>> boo-yah from charlotte, north carolina, jim. >> panthers, sir purr! >> there you go. >> yeah. >> thanks for all of you do for us home gamers. listen, i bought genworth, and it has continued to decline. are you -- should i cut my losses? >> genworth and radian, they've been suffering a little bit from the higher spike in interest rates and genworth has got a fabulous business in mortgage insurance and we saw the builders go up today as nutty as that was. i think it's a good stock and i would not sell a share. four little letters can be the key to this market. upod. oh, apple? well, it spelled it backwards. stay with cramer. >> coming up, red ink remedy? a new therapy has done wonders for the health of mps pharmaceuticals.
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up over 200% this year, but does the company have the right medicine for long-term wellness? don't miss cramer's exclusive with the ceo. and later, bolting higher? the banks have been cashing in on the rebound in housing, and as would-be homeowners watch mortgage rates rise, is a correction in store, or is now the time to make a deposit? cramer clues you in. plus, smash hit? from filtered photos to fresher food, the biggest trends making waves on wall street started as up and coming private players. tonight, cramer's setting the table for the fast-growing restaurant chain smash burger when he goes off the tape. all coming up on "mad money." don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an email to madmoney@cnbc.com or give us a
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call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. mom, dad told me that cheerios is good for your heart,
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is that true? says here that cheerios has whole grain oats that can help remove some cholesterol, and that's heart healthy. ♪ [ dad ] jan?
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what do you do when you're speculating on one of these single-digit stocks and the it turned out to be more right than it could possibly have imagined and that's what we're facing with mpsp for you home gamers and it's for ultra-rare diseases that has been roaring for the last six months going from $8 to $28. the reason for this run? mps is having some incredible success with its lead drug for short bowel syndrome. it's a rare condition where the intestines can't properly absorb nutrients, so the patient needs to be fed through a tube intravenously for 12 hours a day. without this drug, at least they did before it came along. many of them can go off the iv entirely because this drug allows them to process food. so far as of the second quarter mps has sold 318 prescriptions. just the treatment costs $295,000 a year for a single
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patient and they'll be taking it every year for the rest of their lives. it has an interesting pipeline. it's a treatment for hypoparathyroidism. it will give you a 238% gain since it was first recommended a year ago and up since the last march and after that move maybe you're being too greedy and maybe you should ring the register? i don't know. half, two-thirds? what about the rest? let's check in with dr. francois nadir, the president and ceo of mps to find out how the company is doing and where it's headed. welcome back to the show. >> good to see you. >> some people say, jim, you got behind this company and it's $2.8 billion and they have 300, some-odd prescriptions. you're crazy, and i -- i come back and say, why don't you listen to tonight, because you'll realize that there is a big pipeline within this pipeline. >> exactly right. so we were phenomenally happy
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with the launch in the u.s. we are fighting hypoparathyroidism by the end of this year and by the end of next year and we went global as of march and we're build our international expansion and hopefully we'll have sales in europe early next year and we'll have a pipeline that will follow that with gattex pediatric and mpsp 795. >> some of the documents say that there are thousands people that have this. this is not a 500-person disease, right? >> so for short bowel syndrome we have 3,000 to 5,000 patients in the u.s. for hypoparathyroidism it's more 50,000 to 60,000 patients in the u.s. >> that could be a gigantic market.
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you would not charge $295,000. >> we would not. it's a different market space and a different market price, but we believe the opportunity for net para could exceed the opportunity for gattex. >> we know this drug is rather remarkable. what profile makes you feel that it could be that successful since we don't have any basis yet? >> the clinical data and the clinical program showed that netpara works and it's very well tolerated and the compliance for netpara throughout the program has been exceptionally high. patients like the drug and the drug works. >> one of the things i think people don't understand is there are natural ways that people find your drug, right? there are caregivers that know about it. it's not like -- it's possible that everybody who has it is going to take it, is what i'm leading to. >> well, i don't know about that, but certainly the uptick for gattex since the beginning of the year has been exceptionally good. the patients have been waiting for a treatment for many, many, many years and now they have
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access to gattex and coverage for the drug has been positive. >> they are currently taking 140. are they leading normal lives now? >> it's interesting because one of the comments that our care coordinators hear day in day out from the patient is they feel better. so not only we're able to reduce the reliance on the nutrition, but the patients feel better. >> okay, now i know that you've done equity orphan, and i know your balance sheet is in good shape. social media, the guy says to me the stock's had a big run, why not raise a lot of cash right now and do a big secondary after they come on the show. >> we just did one a few months back and we finished the quarter with $181 million in our balance sheet so we don't need to raise cash now. >> when we talk about what europe's doing, i know that europe's getting better economically, but you can offer celgene and he was worried about the way the european governments would compensate. is europe coming back? does that matter to you? is there an economic issue? >> there could be, but we are very targeted and when we go
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first so the prioritization of our access in europe is priority, plus every product is different and we believe that gattex offers the value and that is why the coverage in the u.s. has been exceptionally good and we believe that it will be the same in europe. >> does it work for anything else that we know of right now? >> we are initiating gattex in the pediatric population and the mathematical need just to give you a number, over the period of five years these kids spend 148 days in the hospital because of their condition and this is where i believe and we believe that gattex and the pediatric indication can help these kids. >> the health care insurers want this to happen. >> i believe they do. >> dr. nader, you've done an amazing jobs and it's one of the biggest success stories we've ever had on "mad money." dr. francois nader, the president and ceo of mps pharmaceuticals. take a look at where regeneron
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was before we talked about it. that's the way you have to think of this stock, stay with cramer. >> coming up, the banks have been cashing in on the rebound in housing. as would-be home openers watch mortgage rates rise, is a correction in store or is now the time to make a deposit? cramer clues you in. ♪
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>> the banks have gotten into inexplicable territory the last few weeks. no doubt in my mind that most of the numbers from most bank stocks are now too high considering the sudden and shocking decline in mortgage originations and refinances, hey, we saw some horrible numbers this morning, versus the lack of any real pickup in construction loans or any other loans are, for that matter. plus they can't make up for the losses in the mortgage business and they can't make it up in services business although wells fargo is a good service business. in the meantime there still isn't enough shift in the yield curve to reprice certificates of deposit which would allow them
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to make more money on them than before. plus these don't real over more than once and there's plenty in the banks. meanwhile, we haven't seen the mergers and acquisitions that we expect to see at this stage in the cycle because there's been a big concentration in the group. i keep hearing talks say a potential bid of sterling financial out of spokane, washington, but it kind of says it all, doesn't it? that's a bank that most people haven't even heard of. the companies are around the financial business. what the heck is driving the bank index to these levels? how can that be happening that the levels seem it is quite evident. the comeback has made it so that the banks have a dramatically reduced number of bad loans in the books and bad mortgages and even the worst of the mortgage bonds has come back from the old days. i keep thinking about russell goldsmith, the city national bank to the stars told me the other day right here that they are fewer than three months and the home sales have increased
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30% in value and they have profits on repossessed homes and they've taken a big charge. banks do not make money carrying homes. homes are extremely costly to maintain and what matters is the ease with which these homes cannot be sold and they can be sold with no problems at much higher prices even just a year ago. if there is an adjustment an the consumer is thinking about mortgage rates and it's therefore time to buy then you'll see better mortgage numbers from the banks in 2014, and we'll see much better reserve reverses that are continued out of the bottom line and that means again, why the housing stocks were up today. bad loans are going in at the same time as they become more and more possible that the stronger economy will generate loan growth away from mortgages. sure, it doesn't hurt that the mortgage numbers were so horrendous that perhaps the fed is taking tapering off the
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table, something reasonable to assume because they all rally today, but i think it's all about the home portfolio going to good and they're being cured by the rising home price nationwide. that's for the strength that's been going on for weeks. they should be coming down because if nothing changes in the final weeks of this quarter we should be seeing shortfalls from the banks across the board. steven in michigan? steven? >> boo-yah, jim. thanks for everything that you do. >> quite welcome. >> my question is for stock symbol wmc. got a super high yield. how does the future of the company look? is now a good time to buy? >> no, i don't. these are the residential mortgage backed, securities, reits. i said no to annaly, too. i like aquin, and i think that's a good company. i like genworth and radian. they're just too chaotic for me. let's go to lynn in california, please. lynn? >> hi, jim. i held a position in a
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relatively small company called universal insurance holdings symbol uve. it has a dividend yield of 4.3% and has also made a nice run up this year. i've been pretty patient. i'm curious to know your thoughts about using it. >> this is the homeowner's insurance business. it's good business. it's good business. a plain vanilla business and i happen to like travelers in there, and i think that's the best breed in the segment, and i understand it's got a much better yield and if you want some income, it's got better income. let's go to bob in florida. >> i first of all, want to thank you, because i've done well with the stocks that you recommended and i bought them that i planned to hold on to, and i held them as a short-term trade, but with mortgage rates coming up the way they are, what do you think? >> i think you're fine, bob.
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i think you're fine, because in the end there is a change in the mortgage insurance business and the fha is pulling out and i think you should hold on to the trading tock and will hold in the judicial environment and i think you can see their 15, $15 and the bad loans are going to go and the generate long are growth wrote. i think the shortfalls, this is where they'll be concentrating. don't move. lightning round is next. tomorrow, kick off the trading day with "squawk on the street," live from post nine at the nyse. ♪
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all right. now it is time for the lightning
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round. rapid fire calls. and then the lightning round is over. are you ready skee-daddy? i'll start with megan in ohio. megan! >> hi, jim. i'm a student at miami university putting a pitch together, and i was wondering what stock you would pick, lowe's or home depot? >> i actually like lowe's. don't take me wrong, it's got >> i actually like lowe's. momentum right here, but you're not going to go wrong with either. my daughter loved to go to this because it's billed from the flight to date. we have to go first. let's go to john in florida. john. >> thank you for taking my call. several months ago you talked about a stock called manitowoc, mtw, about the possibility of breaking up some of their company. i'd like your thoughts on it now and how about having them on the
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show one day. >> i'd love to have them on the show. and it should be a lot of value, at least 50% if they split up, and i still stand by the recommendations, donna in texas. donna. yo, don! yo, yo! >> boo-yah, jim. this is donna. >> hi, how are you? >> i'm good. thank you. i'm calling you about first solar. i love it, i think. it's got a good p.e., am i holding on to the right one? >> they did the big secondary and they never lifted their head up again, and if they can do roughly near what they said they would do in the fabulous analyst meeting then i think the stock is indeed a buy and i haven't liked it for a long time, and i think it makes sense. let's go to mark in florida. mark? >> hi. >> how are you doing, mark? [ indiscernible ] >> what's that? guys, can you help me on that one?
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let's go to brian in illinois. >> hey, jimmy, how are you doing tonight? >> real good. how about you? go bears! >> a windy city boo-yah to you. >> nice. >> i wanted to check on american realty. what are you thinking these days? >> i think it's fine. they did a lot of different moves, changed the corporate structure, and the stock's coming in. why? because they've had a huge amount of pressure and think the stock's gone low enough. and let's go to jennifer in florida. jennifer! >> hi, jim, thanks for taking my call. >> i wanted to know what your thoughts were on new star energy and i've been watching it decline over the days. >> people are coming after these pipeline companies, i have to tell you, i've been seeing them come after kinder morgan and kinder morgan is a good company. i know it's got one-third of the yield. let's go to carl in florida. >> wendy's. >> nelson peltz. i have to tell you, this turn is
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very for real, and i'm not talking smash burgers here. i think they've orchestrated a turn at wendy's that is for real and it's been a remarkable stock and it is up 75% for the year and you know what? it's not done! i'm going right now to ben in new york. ben! >> hi, jim. first, i just wanted to say that i enjoy the show and appreciate your advice and opinion. >> thank you. >> i'd like to know your opinion on ibm. it has been on a downtrend since around march this year and it seems to be picking up some steam at the end of august. is this -- my question is, is this a real uptrend or not? the rumors, and while you can't confirm them because you're not going get to the big man, but the rumor was buffett was selling. if warren buffett wasn't selling, i think they got oversold and that's it. i don't think ibm is a great stock and if you've gotten near $200 a share, i would sell, sell, sell.
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what can i say? i'm going jay in maryland. >> hey, jim, boo-yah. thanks for everything you do. i'm calling about a recent ipo montero, a construction company that went on the market recently, and i know it's been expanding to other territories like chile through acquisitions. do you think it can go higher? >> i don't know that stock. i should know it because i like the engineering and construction business, but i do not know that one and i have to do more work on it. let's go to jerry in texas. >> hey, jim. about a dozen years ago i lost a lot of friends at cantor fitzgerald. my stock that i'd like your opinion is rgr, strom ruger, the company's got great earnings growth and great sales growth and they have no debt, and the thing about it is they've got a short interest of 32% and i noticed in the last week or so
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that it looks like a lot at the close where it's jumped up two points at the end. today it was up 269 with a range of three points. >> yeah. i don't know what's going on with that. i know that it had a good quarter and i know it's better than smith & wesson in terms of the earnings. so i don't know. i'll make some calls. i don't know exactly why the stock is spiking right here. i don't have that information. let's go to robert in florida. robert! >> boo-yah! >> boo-yah, cramer! >> boo-yah! >> robert in florida here calling with my almost 5-year-old son chase. we both love your show and we are calling about nordic american tanker. >> last night i did a piece about how there was a lot of oil shipped from the midcon to be able to refine and it's also happening on the east coast and they're saying the same thing, and nordic american tanker, we import a lot more oil. and they said that therefore, china should pick up the slack and it has not picked up the
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slack and i don't know how much upside it has. it was the dry bulk carriers and particularly dsx. we had that one right, that has been the place to be, and that, ladies and gentlemen, is the conclusion of the lightning round! the lightning round is sponsored by td ameritrade. >> coming up, smash hit? from filtered photos to fresher food, the biggest trends on wall street started as up and coming private players. cramer's setting the table for the fast-growing restaurant chain smash burger when he goes off the tape. ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science.
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so everyone goes home happy. >> we're always looking for publicly traded stocks to play the next big themes on "mad money," but sometimes if you're going to get your head around the most cutting edge trends out there, you need to listen to what's happening in privately held companies that don't trade publicly yet. you know we're all about investing in stocks on "mad money." occasionally there's a private player that can give you a better read on the industry. take smash burger, the fast,
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casual better burger chain with more than 220 locations in 29 states and it's all about making healthier hamburgers and veggie fries. and a lot of other offerings, too. we know it's become a major theme and smash burger is a rapidly growing chain at the forefront of it and i wouldn't be surprised if it decides to take itself public some day. so let's take a closer look at this intriguing story and go off the tape with the chairman and ceo of smash burger. welcome to "mad money," how are you, sir? >> how are you? >> i have to get right to it because there was an article in the journal that said puts ipo on the side. we have had some companies smaller that know you come public. >> it's not the right time. you have to pick the right time to be public. right now it's not the right time for us. >> we had noodles on and they're not that much bigger than you and they thought it was a terrific time, so is it just the concept? >> we're the fastest growing
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that i know retailer out there in the restaurant space, and kevin and noodles and others are growing at 10%, 11% a year and we'll just pick the right time and we'll put another $50 million in the business and we'll pick the right time. >> what is the water in denver that all the great chains that come out of there? >> i think it's the silicon valley of the restaurant industry. >> no one is from denver and one of the things that i think makes it work is there is two of everybody there and you can test your consumer concept and it's been a perfect part to start restaurants. >> tell me how you can provide this level of food in the time people want. >> we're fast casual. when you order at the counter, we take your order and we make your food right when you order it and it's delivered to your table in about five minutes in a
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basket, knife and fork, real tumbler. smash, our burgers, we take a certified angus meatball. we start with a meatball and we smash it on a grill and we end up cooking it in two and a half minutes, faster than you cook one at all. >> for people that haven't had one, why is that so great versus two hamburger patties on a roll? >> the best thing about it is when you smash it on the grill it actually puts a sear on the bottom of it and it makes for a juicy, delicious burger and it's made for you. >> you are in how many states right now and how much more runway do you have? what are the ultimate number of smash burgers that we have in this country? >> i'm almost afraid to say, but burgers are a hundred billion dollar business, and right now there is an 8,000 to
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unit opportunity. >> 8,000 to 10,000 for your company? >> we do. we believe over the next 20, 30 years if you see the paneras and chipotles are on path to be 3,000 units, burgers are three times that size and really, there will be one or two of us who take the lead in the fast casual segment in the united states. >> okay, now, there are some people, and this is not me, but i'm a big vox populi guy, social media. jim cramer, they have good quality food, but prices are high compared to others with similar venus. how is it justified? >> i would disagree with that. for $8 to $10, we think we're giving you a $15 to $20 experience. you get four or five ounces of fries, veggie frites or sweet potatoes and we're at the same price point as chipotle and panera in the fast, casual space. >> if you're watching there is two ways to play it. one day you can come public. jim, i want to own a buffalo wild wings or a domino's franchise. you have a way toward one way,
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but how do you get a franchise? >> the best way to get a franchise is to be experienced. so we have 25 multi-unit franchise partners today. they all have experience in the restaurant industry and they all have the desire to own and operate restaurants where they live. >> do you tell them, look, we think that they're disruptors to mcdonald's? maybe we're disruptors to wendy's? >> we feel like we're setting the stage for how better burgers are developing in the united states and i'd say one of the biggest surprises is not only are we stealing share from mcdonald's, but we're getting a third of our business from the applebee's and fridays of the world in the casual dining space because we're two or three bucks cheaper, and the other thing that's happening is there's been no national player in better burgers, so people have been going to the national fast casual guys and all of a sudden there's a choice in their life. >> we love danny meyer and we think shake shack is similar. is there room for shake shack and you? >> absolutely. with burgers being at 100 billion and the space, fast
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casual growing two to three times and we're here in new york, i love them, he's great. we're in las vegas and lots of places where we will coexist with danny meyer. >> i do wish they were public because there are a lot of people that wished they got the stock. that was dave, he's the chairman and ceo of smashburger. can't own the stock, can enjoy the burger, but maybe one day you'll be able to own the stock. stay with cramer.
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welcome to cramer's school of diversification. class is in session so listen up! i'm having some trouble giving apple a passing grade on their attempts to diversify. and like i told you earlier in the show, we need more than that, but you, you still have a chance to get an a-plus here in this class, you just need to do your homework and make sure your portfolio is diversified enough to give you the down on the up days and let's put your picks to the test and get to my favorite game, am i diversified, where you call me and tweet me, too. tell me your top five holdings and maybe you need to mix it up and let's start with the tweet @jimcramer who tweets professor cramer. apple, celgene, blackstone, sunoco, vodafone. am i diversified, btw, which
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means by the way, do you consider apple, core lab, i do consider it, and it's a great question because core labs is a tech company. vodafone is telco, apple is tech, celgene is biotech. blackstone is financial tech and blackstone is just a private equity company and sunoco is an oil service pipeline company. oil pipeline, financial, telco, computer, biotech, and i think that's well done. ♪ hallelujah i like that. let's go to david in mississippi. david! >> hey, jim, a big mississippi state boo-yah. >> oh, man, i hope to see you this weekend boo-yah. >> i love your show, jim. i think you're an awesome guy. >> thank you. >> my stocks are bristol-myers, altria, dupont, southern company and chevron. >> all right. let's take a look at that. thank you for those compliments. you have bristol-myers and
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that's a good pharmaceutical company sneaking up, teeny-weeny and chevron and that's one of the largest oil and gas exploration production companies and altria is, and that's philip morris for those who are unsure of what that is and dupont, that's coleman's company and we think the world of what she's doing and we like what nelson peltz is doing. we have a chemical company or an enzyme company. a utility company and a tobacco company, oil and gas company and a drug company, bingo! ♪ hallelujah gary in kentucky, gary! >> boo-yah, professor cramer, greetings from louisville, kentucky. >> louisville! i love louisville, what's up? >> here's what i've got. delta air lines, merck. >> okay. >> cisco, ford and vale. >> oh, man am i all over that, we wish we had more vale, but we keep getting restricted, it's terrific.
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i think the stock goes to $18, okay. cisco, technology, and remember i think the quarter was good, not bad, but he had to lay off 4,000 people, and al mulally, checked in with him today and trying to get him to come back on the show, and don't you worry about that, merck starting to sneak up going to the 49 level and i'm not crazy about the growth pattern and delta is an airline. merck, iron company, drug, auto, tech! wow! ♪ hallelujah i how about patrick in georgia? >> boo-yah, jim. am i diversified? i've got ford, mgm, regions financial, u.s. air and sirius radio. >> interesting group of stocks. i wish us airways had merged with amr and it would have been at 25. it's okay. they're not as great as they were without the acquisition.
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regions is the regional bank and sirius satellite is actually a subscription radio company. so we've got a media company and a bank, a casino and auto and we have airlines. these were all fabulous! i think people are gaming the game and it's like the fantasy league. i feel like it's kind of rigged by the commissioner. stick with cramer. >> boo-yah, cramerica. "mad money" is quickly approaching our 2,000th show. why do i come here every night? to level the playing field, to fight for you and show you the american dream is alive and well that you have a chance to be with the big guys. to celebrate, i want to know why you the citizens of cramerica watch, so i ask y2k, why is mad money important to you. >> boo-yah, jim. thanks for all you do for us little guys. >> i love mad money for the insights jim offers. >> thanks for giving grate advice. >> show me.
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send me a vine, make a video, tweet it, share it on facebook, use the hash tag #mmy2k and we might just use it on the air. >> can i get a boo-yah!
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my charitable trust is just holding apple. i don't think the stock does much. i don't want it to be like microsoft where it does absolutely nothing. it's too cheap to sell, i just wish much more out of the company, like upod. i'm jim cramer and i will see you tomorrow! william "boots" del biaggio is part owner of a pro hockey team, and he's living it up at silicon valley. >> boots had expensive cars, expensive homes. >> narrator: but del biaggio's skating on thin ice. his insatiable desire to be a sports mogul causes him to commit a multi-million-dollar fraud. >> it was really shocking how unsophisticated the scheme was. >> he let his ego override his common sense. >> narrator: but first, he works his way from cuba to a manhattan penthouse -- alberto vilar embodies the immigrant dream, or so it seems. >> they had about $8 billion under management. >> narrator: and that money is funding symphonies and operas

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