before we go, the market snapping a losing streak. we will see how it finishes tomorrow. we will be back on the "closing bell" then. have a great night, everybody. thanks to the cgi for having us here. fast money begins right now. >> live from the nasdaq market site. here are tonight's line up. sheep skin boots and kids toys. why they are said to be your best bets. rsh. >> blackberry jam. find out if grasso is navigating the ups and downs of this trade. we have got your ticket to

profits. everything from jay z to the wiggles. our traders are tim, karen, guy, and mike. stocks in purr tory. there are always ways to make money in equities. we turn to traders for their bullet proof. >> we have talked about this forever. so i'm not breaking any ground. another all time high today. there was an article that they would be engine size taxed. i mean, again, sawed off late. i still think it comes.

>> he was predicting that vehicles with turbo chargers would dramatically increase. >> the 7 3 camero. >> nice point by you. tim, let's go to you. starbucks. >> and he was probably not sipping a starbucks. i have mentioned this. it is the great u.s. multinational growth story. what they're doing in china looks a lot what yum did. we know about coffee prices. that will continue for the next two years. the food build out is very impressive. >> cheesecake brownies are his favorite. >> trying to cut back. >> guy mentioned valuation and multiples. this is a place and this is why these are bullet-proof stocks to

me. the valuation may look like historically it's -- in an area and starbucks is a little bit rich. their margin is growing. their groelobal story is growin. these are close to all time highs. close to 52 week highs. a lot of them are. price line is one and it is today at a fresh high here. >> that's exactly right. you're looking at a stock that is also, it's $1,000. also when you look at multiples, this one is trading over earnings. take a look at the growth story that wasn't present the last time the stock was anywhere close to the levels. this is a situation where the stock has doubled their revenues in five years, quadrupled their

eps. a little over ten years ago this was earning over 40 cents a share. they have great international presence. and i think maybe most importantly is that the trend is to online booking and they still command a relatively small percentage. they still have the opportunity to increase their business. so this is a situation where the multiples are justified by growth and all of the other ones we are talking about. you are in general bearish on the markets and on the consumer. >> that's exactly right. i think the situation here is that we're in the overall market to me looks fully valued. maybe a little bit stretched. this is a bull market that is very long in the tooth.

>> another prime example in terms of close to highs here. >> mastercard, you know, it has the stock has gone up a lot. it is just the highest quality, premier name in the. >> so a name like this, it does trade at a high multiple, it deserves a high multiple. it's earning all time highs. >> they were actively looking for a merger opportunities at this point. they spent what? a billion dollars in the past two years or so? >> this is not in a vacuum. we have talked starbucks in a long time. it's not ridiculous valuation. the story to me is not about the consumer as much as you want to think about the change in the way people are spending.

>> amazon used to be my everything stock. now it's google. you have google wallet to pick up where guy dropped that ball. if you look at google and youtube, you know where the revenues were. so you see tv advertising drop goes to the internet. who is the best recipient of that is going to be you tube. >> just answer them. >> thank you. thank you, tim. thanks for playing along. it's three times as fast as verizon fios and a third of the

price. nothing is bullet proof. >> you take a look at the chart of google. process that amazon used to be the everything stock. and amazon is one of the stocks that have done very well. google has been treading water for the past what? five months, six months or so? >> i think a lot of people were questioning. >> i agree. on valuation, the stock is very, very cheap. somewhere around 20 times earnings a stock that could be trading much through this when you consider the growth that these guys have. ultimately something that i think actually should give you a pretty decent place to get in the stock. >> and we also talked about a

number of different aspects of google. >> paying attention, they would have played a little want to be your everything into the amazon google. >> she was -- that was actually guy's wedding song. >> let's get a market flash here. watching nike move higher. >> everything to like about nike. earnings eps came in at 86 cents a share. revenues were in line. but nike closed at an all time high today. a banner week for nike's first week in the douw. margins went up to 44.9% revenues up across every single category and a huge jump in net

income. not to mention futures orders which are the future orders as you could probably guess to be placed for nike vendors, up 10% excludeing currencies in north america. so investors finding everything to like. you can see they are voting with their dollars up 6.5% .

>> it gives you back and fills. i think nike is a great story. >> things are trading at 22 times earnings this is a place where this stock has normally broken down. >> when lulu broke down, sellers coming out of lulu and going into nike. you will see nike continue. as tim said technically challenged. if it breaks through, this is a huge thing for nike. >> citigroup saying j.c. penney's total liquidation value is just $1 a share. ♪

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>> let's get back to consumer trade here -- focusing on consumer focused companies and it's up over 20% so far this year. you brought some new picks. what do you like about the stock and is it a holiday play? >> i think it is and it is a play into 2014. everyone has been forecasting the demise of uggs for quite some time. the con influence of events, in 2010, they had a record year and sheep skin prices effectively doubled. just to give you the math, ugg sells about 15 million pair a year. we estimate they absorb 6 to $10 million in cost. that's about 2 to $3 a share on a three dollar base.

>> by the way, jeff, i'm an investor in jeff's fund. he was the gentleman whispering. >> we have breaking news here. kay la? >> j.c. penney shares are singeing about 5% after hours. j.c. penney just launched a new issuance of 84 million shares. said there was not an immediate need to raise capital. they would see where the fourth quarter went. as you can see the companyfelt differently. they just released a press release this afternoon saying they are using goldman sachs to

issue 84 million shares at the least. >> thank you very much. >> it sounds fishy. >> it sounds really fishy to me. part of why it was done was a fear of a very diluted offering. that is very odd that he would say that. how could he not have thought that would happen. >> it was an existing registration. maybe it would have been stupid. >> that's fine. you can't say i don't see a scenario where we will issue stock if he said. that i wasn't there. >> need to raise liquidity. i don't want to get into semantics. it's just let's take advantage

of the resources we have. if i was about to default on a loan and i knew i had a line of credit over here i would probably take it. this is equity. >> to karen's point, i think your point is great. he should have said that last night. by the way we have this clause in place. we might use it. we might not. >> if it was a shelf registration. does that include the usage of your shelf. >> we don't know where the price is and they will take a significant hickey because of this.

. it's -- karen and i were even talking about this at one point and i think on a commercial break is that at some point with the stock you feel like you like to be buying somebody else's puke. ultimately if you have a case, some of the parts say this company is not going anywhere any time soon. people have thrown this out the window. at an unsecured debt saying that they are going to have to raise funds and tap the debt market. jeff, would you be tempted at all to buy this puke? >> absolutely not. my suspicious is the vendor community has gone in and said if you want to be shipped, you need to raise some money. th

they. >> are we looking at a situation where j.c. penney is circling the drain? >> that's a terrible analogy. >> i know. >> listen, i thought the news was flush to buy and it was right for a day. it turned out to be really wrong so i'm not going to try to say that this is the opportunity. >> the only thing i would keep in mind. >> there is a real shortage of tennants. it is something that i would suspect the landlords would throw them a lifeline. >> i think this buys them plenty of time to get through the holidays, of course. and so that -- that's -- >> the other thing to keep in

mind, if you're going to do a turn around you want to do it in the context of a market that is actually good. this is probably one of the worst markets i have seen in apparel for quite some time. and mike said to you i don't see any conditions where we would need to raise liquidity and then this came out? the comments saying last night and this offering this evening. >> the ceos are no different than any other human. >> thanks for coming by. appreciate it.

about 984 or so. this is a story we will continue to watch here. here we have the chart down 5.5%. >> we are sticking with our stocks gone wild theme. set up just over 90% so far this year. much more on this news. stay tuned. we went out and asked people a simple question:

how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ building animatronics is all about getting tothings to work together.s.

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>> j.p. morgan back in the legal cross hairs.

jp morgan has been under scrutiny. despite this trouble, shares are up nearly 20%. time for a good old fashioned street. no filibustering guys. guy? >> the real metrics to this. we can speak 8.5, 9 times earnings. there have been three or four headlines in the last week. and the stock has rallied on almost each one of the headlines, right? i'm of the belief that this will be a quarter that they just shocked the world because it will be a big hey, look at us. we're jp morgan. we're going to be coming at you. when the stock goes up. >> do you have graphics? are there graphics tonight?

you probably need them. the point you're making on the credit card settlements was good news. but guess what? you have a much bigger risk when you have the security general of the united states government and new york state coming after you but most importantly they are pushing jp morgan to admit they were wrong. if they do, civil cases will be coming up all over the place. if they admit criminal wrong doing, and why the price tag is going up. these are companies that they bought and they're not going to get away with this in this environment. why buy the stock? that's my point. eight times earnings. one times book? >> i have one more thing i would like to end with this. >> one more thing?

>> let's look around. >> can we show this? there you go. that's it. he's hot. >> you know what? if that is your point, i am walking away the victor here, buddy. i didn't realize you had such a man crush. >> all right. a handsome couple there. >> let's go to mike. give us the options action on j.p. morgan and whether or not you side with the bull or the bear case? >> i think they are taking a look at the valuation. earnings are on october 11. that's also where we saw the most options activity as well. the october 55 calls that expire on the 11th, a day of earnings. we saw many of these things trading at just under 20 cents. about two weeks ahead of time, spending as little as this.

thinking that the market might be tough here. >> jp morgan. >> -- you're in on the one more thing? >> you both lose. you both lose. because you're violating every rule of street fight. >> i came and sat down. he loses. >> because you went in for one more thing there and you went in over here. >> there are no rules in a street fight. >> there are. >> no rules. >> i think you both lost but you can tweet us.

>> up next, live nation ceo joins us live. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade.

thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it.

>> if you're just joining us, shares of j.c. penney -- goldman sac sachs. they have the option within 30 days to sell an additional 12.6 million shares to investors in the market. it's also lending money to the company against its real esspate. in an afterhours, the company announced its controller was leaving by a senior vp of finance. hardly smoo lly smooth sailing penn penney. >> off the session lows here for jc pen y shares, the first filing that actually popped up was the resignation of the

controller which seems to be a little curious. also coming down the filings. >> there is is a few things that are odd and one other thing that popped into my head. it just makes you wonder is this what he was worried about the business having trouble. wherever they are. >> again, i was wrong. they are just throwing darts. so right here, i don't know if it's going down. >> now let's move on to a winning trade. it is the company. super stars used to promote their concerts. the stock is striking the right cord with investors.

making it a stock gone wild. joining us is live nation ceo. most people think of concerts. >> the artist collect what? between 85 to 95%? is there anything else you could do are there levers you can pull? >> our model is based on the theory. the content is going to be paid. if you're just kounding dollars at the dlor, put this business together we believed there were three legs to the stool. you had to create an advertising network. get those tickets in the door

and then leverage that on a high margin sponsorship. >> let me ask you about the ticketing. it's a smaller part of the revenue but a very, very important part of the business. a big platform we have been working on. could be very margin improving. >> 60% through. we have an old platform. there is no doubt we need to improve it. we're a top ten e-commerce site. adding more products. we're 60% through. we will start rolling it out next year. we have a two-year roll up from there. the first product we have launched ticket master plus which is built on the new

platform. >> where else do you see -- clearly the u.s. music scene is one of its great exports. so i would imagine you guys should be on the cutting edge of that? where do you guys think you can grow? i realize you're getting into a competitive arena. this is where you have made the market share. >> we're now in 41 countries. two great advantages. bring you to there and make money. sing thing is the business was driven by the record business and now it's driven by facebook. somebody knowsr rihanna because they saw it on youtube.

>> michael, the stock has done a lot more recently. >> i'm sure it was part of the program. the stock price was just one of those things. >> it was 640,000 shares in one week. >> i wanted to make sure that eeveryone had some profit. >> i want to make sure that the market was high. still fully fested on the stock. if history says in eight years

maybe i will sell a few more shares. >> 28% of your company. >> any shot that you could see yourself being part of liberty media? >> you would be another party to the dance as well. it's not just up to him. >> i agree. their top shareholders, we're proud that they continuely bought over the last few years. for now we're thrilled to have a large shareholder. karen, you are a long time holder of live nation. what do you see as a catalyst of this stock. >> i hope maybe this show. but i think in a bigger conscious for me.

we are expecting each ticket you sell 147 million tickets last year. >> over 200 million. >> 200 million now. >> two things. 35 cents and 200 million tickets. >> mike, thanks again. as recently as monday, steve was still holding on to blackberry. take a listen. >> i'm still holding on to it. today's lows are my technical signal to check out the name. >> smart phone maker. >> the day i street fought it and then i traded it up.

i hung on. i was waiting for a bigger payday. didn't get it. so i had to get quasi-disciplined. >> coming up after the break, from mobile payments to twitter and facebook, we have your vent venture capital take on the hottest plays. ♪ [ agent smith ] i've found software that intrigues me. 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 ] ♪ there'll be the usual presentations on research. and development.

some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ to help you take charge. building animatronics is all about getting things to work together. the timing, the actions,

the reactions. everything has to synch up. my expenses are no different. receiptmatch on the business gold rewards card synchronizes your business expenses. just shoot your business card receipts and they're automatically matched up with the charges on your online statement. i'm john kaplan, and i'm a member of a synchronized world. this is what membership is. this is what membership does.

a competitor to ebay owned p paypal. a man who has nearly two decades of venture capital experience. >> thanks so much for joining us. i would love to get some thoughts from you in terms of what's going on in silicon valley. when it's going to be, what the valuation is. what are you hearing on valuation and timing and do you think they're going about it differently than another famous social network company?

>> there is is a whole lot of buzz. >> so we always need that next shiny object and that next one for sure is twitter. >> we have seen facebook do well it's really a come back. >> the private markets have gotten so overheated that they priced up to $100 billion valuation. at the time it wasn't clear how valuable the company was. so, meanwhile the private markets are saying gee there are so few shares i will pay anything to get my hands on a face book stock.

how much revenue there was or what were the prospects for the business. >> you think it is a problem to go off the private markets? >> it was the equivalent of seven shares. it's simple ply and demand. it trades at $100 billion. then it will be based on revenue and performance. so i think they just got ahead of themselves. we will take this company public at a price that seems to make sense for buyers. they were driven by these crazy valuations. >> quick thought on the payment space. a lot of opportunity there that you are seeing? >> massive opportunity.

it's just becoming easier to have a payment settled. these new iphones that have authentication through your thumbprint. >> thank you so much for being with us. time now for pops and drops. big movers of the session. big drop for eli lily. >> the fact that it held 50 is encouraging big volume days. >> down 15%. >> a huge soaring chart. that is all being trumped by huge debt. >> up 2%. >> this is actually behind the

scenes maneuver. i don't get it. still seems very expensive. >> pop for yoku. >> these guys are ringing the register on mobile and this is a stock i think you can actually chase not tomorrow but i would own this one. >> got a pop here for lock heed martin. this is a situation where you have declining revenues. i think this is a great opportunity if you're long to start selling some shares. >> and a pop for twerking. move over miley. new york city has some twerk-aholics. a record breaking booty shake,

setting a new giness world record for the most people twerking at the same time. >> clearly they are not working. >> it was two minutes. two minutes. two minutes. >> they had to get there, get back to work, fire them all. that's what i say right now. if you twerk you don't work. >> that's a good one. >> this is going to be a good one, you send in tweets and stocks. and you want to trade them. we are taking music requests. >> make them clean. a look at some of the biggest moments. what's an idea out pital to mak?

without the thinking that makes it real? what's a vision without the expertise to execute it... and the financing to make it grow? whatever your goal, it can change more than your business. it can change the future. that's why, at barclays, our ambition is to always realize yours.

>> welcome back in case you missed some of today's top moments, here are some rapid fire recaps in tonight's executive edge.

>> if we are going to go over a ledge, i would much rather go over the ledge with the spending dome than with the debt limit. let's just get that and have the big show down and get it all out and be done with it. >> our last look at second quarter gdp. 310 now becomes 305. >> pending home sales now down 3.6%. this is exactly what the realtors were warning off when it was said to be the last hoo rah. >> what is the toyota view? >> not in my lifetime. >> not in your life? >> no. >> you just ruined it for everybody.

>> based on today's meeting seems they are not ready to announce a winner. >> i think japanese exporters are the place to be. i would say that this whole gop stall. i think it's a joke that the tea party is ruling the gop here. >> that's all you have to say. >> that's all you have to say? >> you have got to garner a couple of extra votes? >> you go back in there. you can't continue to campaign. >> and that is his main argument. you vote. you tell me. >> this from the pretty boy on the end. >> time to hit today's trending trades. first up it's a stock that is up 455% this year.

december lahas hit yet another new all time high. >> i'm still long. we have talked about tesla. they are taking market share from lexus and audi and bbmw. people love the product. i'm long it. they will be trying to double production next year. they will try to sell just as many cars outside the united states. when it's over, it will be obvious. but i am still long in the name. >> what say you? >> tesla. >> sticking with cars, hertz getting hit hard due to weak airport rental volumes. >> 16%, the guidance was bad. i didn't think it was down 16% bad. big volume day. what does that mean for the airlines.

>> think about why you rent cars there, too. >> i am awaiting the drier. >> they do. $500 a day. >> hello. tesla. >> finally, emersion. getting plenty of chatter today. the touch technology company joined us yesterday and take a look at what he said. >> a growing business about 50% year-over-year. our shareholders are happy with that kind of growth. we're adding new platforms, new products including as you said the samsung smart watch. >> all right. so today it was up what? something like 6%. >> smart watches are going to be a major growth market.

>> it's now about 390. this is the scare of the stock. it's a 380 million $market cap that it won't take a lot to knock it up or down.

thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below...

to the finest comforts above. we're not simply saluting history... we're making it. we tally the votes. and who won? tim the bear. >> what? >> blue eyes takes the prize. all right. >> final trade time mike? >> options are cheap. i think that's the best way. >> pretty boy? >> record low unemployment in brazil. stay. >> potash. i eagerly await the return. >> nike was so strong that foot locker will open up. if it opens up less than $1 buy

it. >> anthony weiner ran on the wrong platform. if you twerk you don't work. jp morgan. >> see you tomorrow again at 5:00. don't forget don't forget to tweet us, total request friday. "mad money" starts right now. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. mad money starts now. >> hey, i'm cramer, welcome to mad money. welcome to cramer. you want to make friends, let's try to make a little money. my job is not just to entertain you, but to teach and coach you. we're on the cusp of another