tv Mad Money CNBC January 15, 2014 11:00pm-12:01am EST
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my mission is simple, to make you money. i'm here to level the playing field for all investors. there is 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 to educate you. call me at 1-800-743-cnbc. sometimes markets go up because a bunch of negatives that are supposed to happen somehow fail
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to materialize. i think that's what's behind many of the movements in today's terrific session. the s&p climbed and the nasdaq jumped up. let's start with the most salient positive that was a negative, the banks. here's a group that's a largest part of the s&p 500, the financials that is not supposed to be going higher. they always seem to have some number, statistics, some government investigation that just hammers the heck out of them, crushes them beyond recognition after they report and we end up resenting that we owned them. last week i highlighted bank of america as a potential breakout using the work from technician extraordinary tim collins. do you know what kind of flak i took for that? on twitter i think i caught holy hell for this.
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i have a whole chapter devoted to them in get rich carefully but i've never seen such a negative response to my decision to highlight it. with all the talk of tapering and the chatter of the housing market it was natural to think this would be a year that the banks, already laggards and dullards, would keep getting hammered when they announced their earnings. wrong! today bank of america posted a legitimate upside surprise. that's right, a bank that substantially beat the estimates, and not in a one time way either. in fact, i would go as far as to say that this bank of america quarter, are you ready, was a truly blowout quarter with an amazing growth in deposits, terrific investment banking, simply incredible net interest margins. it didn't matter that mortgage markets were declining because that business is really overblown. mortgages aren't just a commodity.
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it didn't matter that there was still a $2 billion litigation. the money bank of america is making when it turns on the lights each day is staggering. ceo brian moynihan has done many things right in the last couple of years. it was a remarkable quarter and it wasn't supposed to happen to this dow stock. it's more than ten percent for the year already. that is amazing. it spread to the other banks, jpmorgan, while it didn't report as good a number as bank of america -- i can't believe i said that -- still managed to rally again in an impressive way. let's take another dog of the dow, intel. another upgrade from intel, this time from bank of montreal. why? because they verified several times that the personal computer market is bottoming. that's also the reason for the
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endless rallies in sea gate and western digital. it was supposed to be the layup short for 2014, the pc business. i'm astounded by the action in these stocks. my charitable trust owns a position in intel. i'm concerned the stock has moved up too far too fast. but my instincts tell me to stay along for the ride. it's been ages since intel has done anything. i'm sure there is something very good and fundamental happening there. how about the newfound activism in tech stocks. that's something new for 2014. elliott management, smart activist fund, makes you go back over many of the hardware and software companies that have seemingly done nothing for years and years and yet suddenly could be worth a lot more than people thought. this group is so sleepy, it's ripe for a shakeup, hence one of the reasons why the stocks have truly broken out and rallied up to its old high of 2007 today. i urge you to look at xilinx.
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it had been a pushout of chinese telco orders. those orders are now here. no more pushouts. no more stalling at the $45 or $46 level. the analysts are starting to wake up because they're starting to upgrade stocks that they haven't done in a long time. or take construction equipment. for many people, including some clever hedge fund managers, caterpillar was supposed to be the short of the year. china is falling apart. no disagreement there. the rest of the world we know is doing terribly, isn't it? france is doing terribly. business has become quite strong in the united states lately and inventories have gone down to more acceptable levels. that's how a stock like cat that was down last year is starting to get momentum.
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if cat has a surge in u.s. orders to fill inventory, this sucker is going higher. then there is the oil tanker business. listen to me, don't look now but the day rates for oil tankers are soaring, going as high as $100,000 a day on some routes. that's up to 80 or $90,000 from the end of the year. lay some plywood down, get a band. probably smells bad. anyway, lots of this is because oil would normally have gone from venezuela to the united states and is now going all the way to china. we don't need that oil. plus there are oil shortages in a bunch of places. still it's not supposed to happen. that's the theme of this. but unlike the other instances that are moving up, nordic american tanker, a stock that i thought had been left for dead, that i thought was roadkill, is actually beginning to look mighty attractive again because
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the companies costs are only about $10,000 a day. maybe the stock will finally catch a bid. stranger things have happened, although the $10 stock that nat has been has indeed been a stock to dread. last but not least, there is cable. we were supposed to be moving away from cable almost universally, right, the cord cutting, the lack of need for that programming. look at the move in comcast, the parent company of this network, up a buck and change today, another 52-week high, or consider the bidding war for time warner cable, led by charter, and you know that that group is a leader this year. it's true there are some negatives that are hard to get your arms around, the consumer spending on bricks and mortars has taken our breath away. i was taking a huge amount of heat for liking the group two days ago.
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when the criticism turns outright hostile, that usually means you're in a positive inflection point. here's the bottom line. when the negatives don't pan out, when good things happen when they aren't supposed to, you get the action we've had for the last couple of days, and for some groups most of january. sometimes the thing that's least banked upon is what causes the most upside. craig in my old home state of pennsylvania. >> caller: craig from bedford county, pennsylvania. >> love it. >> caller: ticker lmt, buy, sell or hold? >> i saw it up again today. i've been recommending it for ages. you know what i said when i saw that? i was cursing myself. i said what have i done that i have not been able to get houston on this show, the ceo of lockheed martin. would you please come on the
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show and talk about how your stock is the most amazing defense contractor ever? may i go to larry in florida? >> caller: a big and beautiful always warm and sunny boca raton, florida, booyah, jim. >> all right, kind of a nasty brooklyn booyah. >> caller: we love you so much down here. when are you coming down here with your wonderful new book? >> i'm going nowhere with this book. >> caller: you got to come down here. i've been trying to get rich carefully ever since i started watching you, but what the heck is happening with nuverra? >> i have not recommended this stock since i've been begging dick heckmann to come back on. man, that's been a nasty ride. i got to tell you, dick, you got to come back on and explain to us when this thing is turning around. can i go to shane in new jersey? >> caller: booyah, cramer, shane from flanders, new jersey.
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>> holy cow, what's going on? >> caller: i have a large position in cree. i reinvested into it last mid-october. it took a hit two days ago after it was downgraded. what are your thoughts? >> you're a glutton for punishment. that's one of the toughest stocks to own. that's like apollo's chariot. i will not go on that ride. i like cree light bulbs. that's why i like home depot. frank blake said you can put them in your will. i'm stepping off that roller coaster. i don't want to throw up on my rockports. what have we seen these past few days? negatives that aren't negatives at all, and positives coming out of nowhere. bank of america! natty dread! maybe stocks can't be held down after all. "mad money" will be right back. >> announcer: coming up, drilling for dollars.
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if you have been tuned in to cramer then you're well aware of america's energy revolution. now two big players are linking up to form a new company in the heart of the oil and gas boom. is this freshly uncovered find ready to open the flood gates? and later, "mad money"? the street is buzzing about apple's new deal to sell iphones to china mobile's 760 million subscribers, but that's not what's got cramer excited. find out what he's found in shares of the idevice maker. plus, while the market roared in 2013, this medical company's shares had a weak pulse. is now the time for the stock to play catchup? all coming up on "mad money." . ♪
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>> last year we watched as almost all the super high yielding bond alternative stocks got eviscerated. suddenly the high yielders became less attractive, now that you can actually get a decent return from treasuries for the first time in years, with the yield in treasury ticking up to 2.88% it's worth asking which of the partnerships managed to thrive despite the steady climb in rates. crosstex energy. this is a stock that has had a very rough time during the recession, but lately the company has taken its fate into its own hands. it's given a magnificent 80% return since we last spoke to the ceo a year ago despite an environment that was often downright hostile to mlps.
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back in august, devon announced they were merging with crosstex in a deal that will close some time this quarter. will be added to the combined company's cash flow. it should have enormous synergies. i think they're going to have a terrific stock. let's take a closer look at barry davis, who will lead the new company, find out about what it will look like and where it's headed. mr. davis, welcome back to "mad money." >> thank you so much. >> the stock was at 15 when you came i you told us a very compelling story and not a lot of people believed it, but it sure did pan out. >> it's been a great year, jim, thank you. >> the partnerships that have gone up the most and have been the most consistent are the ones that don't have that much commodity sensitivity. in your excellent presentation
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on improved cash flow stability, i see right upfront that 90% of the contract is fee based, so we should be in good shape, right? >> you bet, jim. these are exciting times for us, and really a new era in the energy industry overall. this strategic combination with devon positions us to take full advantage of that. what we're seeing with this combination is an enhancement of our financial strength as you referred to. what it does is it positions us to really triple in size from a pure financial size standpoint, with over $700 million a year of ebitda. as you said, it results in us having about 95% of our gross margins that are fee based, and it also gives us a great blend of assets, where we're generating almost 75% of our gross margins from liquids-oriented plays. >> that's what people want. people have to understand that even though you're merging with devon you've got lots of partners.
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anadarko, eqt, apache. can you explain to people how you can have those partners and yet still be with devon? >> a part of what makes us strong, jim, is a great diverse portfolio of relationships. devon has been one of our largest customers over the last ten years, and that led to this opportunity presenting itself today. we have a great portfolio that had been built over the last 17 years in the energy space. >> we discovered companies that continue to add and add and add to their pipeline capacity and they've a better shot at making that dividend go better provided you don't layer on too much debt. are you in a position each year to make it a bigger pipeline? >> that's one of the exciting things about this. we have what an mlp needs in order to grow. we have four avenues or channels that we need for growth. we've been able to grow from our platform by expanding that platform. this transaction expands our platform.
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secondly, we have built-in dropdowns. that's a term that we use in the mlp market where you have a financial sponsor like devon, one of the largest independent companies that continues to develop assets that will transfer to the mlp and result we think we will see good strong growth over time. the third avenue of growth, we also think that crosstex as well as devon, when we are able to work together, we think we're going to really see some great strength as a team. >> one of the things that has been perplexing people is a lot of the domestic oil company stocks have been going down, and a lot of that is because they can't get the oil to where it's needed. we had thought that these were all problems that would have been solved by now. do you see this still as a problem? i know you've got colorado, oklahoma. it seems so locked where we don't need it.
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why is that? >> that's part of what i refer to when i say a new era in the energy industry and that's getting the growing base of production. we've seen extraordinary growth on the supply side of the energy market. from 25% to 50% growth from natural gas to crude oil to liquids. but it's not in the right places, the same places it's always been. that's what's great about this time for a midstream company like us. it's exactly what we do, connect production to consumption. >> in the presentation it says that devon donated what you would say has attached hundreds of thousands of acres to this partnership. how does that work? >> one of the great things about this transaction, devon as a financial sponsor, as a significant owner in the company, will do everything it can, contributing at the outset over 800,000 acres of dedicated acreage that will come to us over time. >> in other words, as they drill it goes right into yours? >> sure. devon is able to do something here that is very important for
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them, and that's strategically position themselves to have an mlp in the efficiency of capital that can be accessed through an mlp to finance their midstream infrastructure growth that goes along with their e and p company. doing this with an existing company like crosstex rapidly accelerates their plan. devon could have done this standalone but it would have taken three to five years. >> a lot of these mlps were born of a time when oil companies were strapped. this is not the case. >> clearly devon could have done this stand alone but they have accelerated the full valuation of their midstream assets. fundamentally there is a difference in the way midstream assets are valued. as part of their e and p company, devon was really missing an opportunity to see that value. not only do they get it but they get it quicker than they could have on their own.
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>> you did better than every other oil executive that came on the show in the last year. i'm tempted to believe what you say and think that this is a good thing for individual investors. that's barry davis, the ceo of crosstex energy. check where this stock went to, and you'll understand why i think this is a great idea. stay with cramer. >> announcer: coming up, "mac money," it's not china mobile's 760 million subscribers that's got cramer excited about apple. so what is? find out, next.
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so ally bank has a that won't trap me in a rate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title.
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and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. >> when people interview me about my new book, get rich carefully, the part of the book that they're most surprised by is my embrace of the charts, of technical analyses. they can't believe that this old dog fundamentalist has any use whatsoever for the charts, let alone that i devote an entire chapter to teaching you how to read them. i like to know what they're saying and meld that with the fundamentals. let's consider apple. here's a stock that took off on ceo tim cook's interview where he talked about how the company is going to take china by storm
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because of his new deal with china mobile. it's the most important geographical entry ever for apple. even under steve jobs the company never attempted to do anything this bold. it's bold because lots of people figured that the chinese won't pay apple's inflated price point. let's stick with samsung. we're not sure what the subsidies for iphone buyers will look like, so there is a sense of the unknown. i contend that samsung has lost its edge and pretty much everything lately including marketing. it had been so strong but it's faltered, something i think most commentators disagree with. i don't care. apple no longer seems to get the benefit of the doubt, no matter what it does. three quarters ago the company was heckled on its conference call for not putting enough emphasis on china, so what does tim cook do? he makes it his priority.
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i think the cynicism about apple and its inability to wow the street, as opposed to google which saw its stock rally for a non-chirping smoke detector and a thermostat seems out of sync with reality, overly skeptical. that operating system is fabulous. to wall street it seems that google can do no wrong and apple can do no right, which brings me back to what may be driving the stock even higher than expected. technical analysis, ta, the charts. on monday we highlighted the fibonacci queen editor. she traced a very positive scenario for apple, one that seemed totally unexpected given the heavy decline in stock that day as well as the sogginess in apple in particular. i loved her contrary call. it was completely different from the prevailing wisdom. so the recent downgrades and the
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substantial short position that had been building in apple. there seemed to be no good news but she told us the stock had rebounded just enough that it could be headed towards a major move. turns out her call was exquisitely timed. much of her methodology provides insight into when stocks will change course. tim cook, a technologist, triggered the technical buy which triggered the short covering, which triggered the rally. my point? i don't think you would have gotten a move in apple if it hadn't broken out technically. you could have nailed this simply by following the charts. where does boroden see apple going next? take a look at this daily chart. she thinks apple could be headed nearly 30 points higher, 587 near term, or perhaps even 603
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if it can simply jump over the hurdle of resistance running from 562 to 565. see this? it's got to jump over that. if apple can break through this level, this current rally could be just the beginning, at least according to her interpretation of the charts, which has been pretty accurate so far. these levels could be, yes, i'll use the word, self-fulfilling. i would have never shown the work on monday if it hadn't been out of sync, as i am such a long term believer in apple that it is one of my longest held positions. if the fibonacci queen gave you an amazing entry point that technical analyses should be embraced, you want to own very much. but you can't figure out where exactly to full the trigger. this is one where the technicals trump the technology.
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norman in michigan? >> caller: jim, a big booyah from michigan. how are you doing today? >> i'm doing real well, how about you? >> caller: great. i got a long position in dream works a couple months ago and i'm just wondering what's your take on it? >> this is going to sound a little silly but it's better than it used to be. it's fine now. there was a couple rocky periods. i prefer disney to dream works. but i understand dream works has got momentum and people like momentum. let's go to rodica in california. >> caller: hello, mr. cramer. i have a question for you about hewlett packard. >> here's the deal. the stock has been going up quietly. slowly, step by step. what's going on? there is a long-term feel, and this is something michael dell endorsed and the people at intel
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endorse it, pcs have turned up. we know the printer business is good for them and meg whitman has done a lot of restructuring, this has a lot of legs. i do not want you to sell hewlett packard. buy it. let's go to robert in georgia. >> caller: jim, i wanted to ask you about sony because it's been hanging out there for quite a while. i want to see if it's going to make a comeback. >> i'm not a believer. i would leave her. i don't think sony has got any game. there is so many other great players going on that i'm not going to go down the rabbit hole of sony. we just talked about hewlett packard. they're better. cirrus logic is better. i have a long list of stocks that are better than sony. we like to have all the tools that we can muster at our disposal and, yes, tim cook may have gotten the stock going but
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>> it is time for the lightning round on cramer's "mad money." are you ready skee daddy? it's time for the lightning round. i want to start with aaron in ohio. >> caller: what's up, jim? how's it going? >> i'm doing well. >> caller: i'm sitting here with my college roommate, aka, my investment team. so about a year ago we just got into investing and we came across himax technology. they're a competitor of corning.
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we found out it was really undervalued and we decided to put our money into it and then along came the google glass. then before the google glass, the samsung smart watch came along. >> i think you got a good one. it's funny because then people are talking about ambarella the other day. that's the go pro. these things are very much on fire. it pulled back to 13 but i think you and your college chums are right. i think it could still go higher. let me go to gabe in michigan. >> caller: thanks for your daily insight and a cold northern michigan booyah. >> thank you. >> i'm a young, long term investor on alcatel and lucent. trying to find the turnaround there. >> a lot of people are saying it's done for but i'm taking a
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longer term view of this one. same thing with nokia and sprint. they can pull back, but i like all three. joe in indiana. >> caller: hi, jim. kraft foods, thank you. >> i think kraft foods, as opposed to mondeliz, is actually very good. got a 3.85% yield. it's not a rapid growth stock but i think the yield is safe and it can go up over time and sometimes that's all we need in this market. can i go to brett in california? >> caller: my question is on itt. it jumped from $32 to about $44 and it's all due to desalination. i'm wondering if that's based on the science and the fact that the officers are running -- >> there is a lot of value there. we got to take a hard look at itt. maybe for the charitable trust or the show, i think it's a really good idea. i have been digging into it and i like what i see so far.
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john in florida, john? >> caller: john in florida. >> hey, man, how you been? >> caller: jim, with your permission i'd like to say hello to my son john christopher. my stock which i'm interested in is tear lab. >> i've got to go back and look at that. we like that stock. it's performing poorly. i got to do more work. i don't like the action so to speak. can i go to bill in north dakota? >> caller: hi, jim. booyah. my question is about emerald oil. credit suisse recently initiated coverage with outperform and global hunter upgraded it to a buy, and last week they picked up 20,000 more acres on which to drill and we have a couple more rigs coming on line and the pipeline. >> my problem with this is that i've got some stocks and it is so darn cheap and yet it won't go up, so i can't do down the
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food chain to emerald when my trust owns noble. i reiterate buy but it doesn't act like a buy. i need to go to mike in new jersey. mike? >> caller: booyah, jim. over the last year i've been buying and studying cemex. i like it a lot. >> this is a great infrastructure play. it's been going higher and higher and i don't think it's done. i think it can go substantially higher, even from here. symbol cx. and that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by td ameritrade. ♪
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>> it's the incredible run in the averages last year, a move that encompassed tons of stocks, i realize that many of you are hesitant to keep buying 2013s winners. it feels like chasing, doesn't it? you'd much rather go bottom fishing because of laggards that have the potential to play catchup. most of the stocks that were down substantially last year declined for good reason. i told you i couldn't recommend any of them in good conscience. however i pointed out that edwards life sciences which was down 27% last year might have the ingredients for a textbook bottom, the kind i tell you about in get rich carefully. specifically, edwards slashed and burned its guidance last month. it can often be a sign that a buying opportunity is at hand. sure enough, edwards has rallied 7%. that's textbook, just since the beginning of the year. this company is rapidly growing
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in the heart valve market but they're worried it could face stiff competition from medtronics. however, today we found out that edwards won a big patent infringement lawsuit against medtronics over this product. edwards will get $394 billion in damages if everything goes through and now they're seeking a permanent injection to keep the new products off the market. always willing and eager to listen to the other side of the story on this show. that's why i'm thrilled to have mike mussallem. he's the chairman and ceo of edwards life sciences. welcome to "mad money," sir. >> hey, jim, happy to be here. just call me mike. >> okay, mike. fair enough. mike, here's the deal. maybe we just got lucky today, but this has got to be -- this lawsuit win, i know, wasn't in your plans.
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even in your december 9th edwards life sciences annual, you said we are not looking for upside from ip litigation this year. this has got to be remarkable for your company, particularly if you can get a permanent injection. >> you're right. this was not in our guidance. you just can't count on what might happen in the courts. this is a decisive victory for our team. really, this is the second time that a jury in the u.s. has found willful infringement by the same competitor, medtronic. it really encourages us that we might actually get some action. at minimum there will be some substantial damages that are owed to the company. >> can you explain the difference? we've seen a lot of patent infringements, that and willful infringements it seems like they stole it from you. >> our company was founded 50 years ago on heart valves and we've continuously done this. we've been engaged in this idea
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of being able to implant a heart valve without open heart surgery for more than ten years. we have the most fundamental intellectual property. there is been a dispute over this from the very beginning. in the u.s. it went through a court case in 2010, the most fundamental patent found willful infringement. there is always a chance that you get extra large damages that are associated with that. that's gone through an appeal process all the way to the supreme court. we are awaiting this decision about an injunction, and now a second patent is also judged as willfully infringed. it's starting to get pretty clear in our eyes. >> let's talk about what happened last year. i spoke to several surgeons about your product. it's clear that if you don't want to crack open an 80 year
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old chest cavity, which can kill people, you use edwards. you lowered the boom not once but twice last year. in december you talked about how we think there are some upside numbers that are not in the plans and there are some issues about driving leadership that's not in the plans. you really were, sir, pretty negative at that meeting. >> we try to -- maybe i can explain this a little bit more. we just tried to introduce that's the fact that people might face when they think about what will happen in 2014. as i mentioned, we've been the innovator. we were the guys that brought this to europe in 2007 and got through the largest heart valve trial that was ever done, that allowed it to be introduced into the u.s. in november of 2011. we have been the only company that's had this technology available in the u.s. and we've trained over 280 hospitals to do this. quite prevalent, over 15,000 americans have been treated this way at this point. we knew at some point a competitor was going to come. the question was always when. as it turns out, they had an
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announcement in october that they're going to come earlier than we thought, maybe six to nine months earlier. this created quite a bit of concern, boy, what would that do to the growth rate of edwards in 2014. because it's hard to predict the regulatory approvals of this product, and at the same time edwards is bringing new technology to the united states, one that's vastly superior to our original technology. the timing of these approvals makes trying to peg the '14 guidance accurately difficult. we put a very wide range on it. we're saying to investors there is a wide range of possibilities. obviously our team is driven to drive the most positive of those. >> on january 2013 the fda gives a green light to the sapien 3 trial. it seems like this whole has been pretty great for your company.
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>> it's been fantastic. for people that aren't close to this space, this sapien 3 is another generation of technology. if you can imagine a heart valve that is able to be compressed onto a balloon catheter, that was done originally. i have one with me and it probably doesn't show up much on the tv screen, but the sapien 3 technology has this in a very slick platform and it has another feature associated with it, which is the ability to address small leaks that might occur around the valves. because of the promise of this, we're anxious to be able to bring it to both europe and the u.s., and we got the green light from the fda to actually initiate a trial, to actually bring this not just to the sickest patients, but the people that are of more intermediate risk, and so we're excited to be able to make progress on that, especially with this transformational valve. >> i think you did lower expectations to the point where, when things good happen, the stock reacts, and for the people on our show who have never seen you before, i think you tell a
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very compelling story. i want to thank you for coming on "mad money." >> thank you very much, jim. we appreciate your interest. >> that's mike mussallem, the chairman and ceo of edwards lifesciences. this stock was one of the worst performers. to me it sounds like it's got a lot of good technology and 2014 has certainly started a lot better than 2013 finished. stay with cramer.
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>> there are lots of themes i touch on in my new book. i've tried to highlight a few of them over the past few days. i think you should always be learning more about managing your own money, better investor, better client. tomorrow we kick off a new segment called cramer's playbook, dedicated to your financial future. if you have questions, remember, you are not alone. tweet me @jimcramer #getaplan. but there is one old standby that will always come in handy in protecting your portfolio, and that's diversification. call or tweet me and i'll tell you if your portfolio is diversified enough. let's start with a tweet from @pits0011 who says new book is great. thank you. right up there with real money. thank you again. am i diversified?
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hashtag mad tweets. regeneron, biotech, auto parts, real estate investment trust. whole foods is a food chain and bea is aerospace. aerospace, drug, supermarket, bingo, totally diversified. let's go to ollie in minnesota. >> caller: booyah, jim, from minnesota. >> fantastic to have you. >> caller: my five stocks are gold, phillip morris pm, standard pacific, energy transfer partners, and kbr incorporated. am i diversified, jim? >> let's take a look. phillip morris, that's the international version of altria. i'm questioning the growth rate there by the way.
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i think it's slowing down. standard pacific, large home builder, energy transfer, they could make a comeback, the gold, kbr is infrastructure play, engineering construction. gold, tobacco and housing, again, i say fabulous! now let's go to doug in california. doug? >> caller: jim, i'm looking at five stocks here. yum brands, gilead, discover, linn energy and boeing. >> i like this portfolio. gilead is red hot. one of the four horsemen of big pharma apocalypse. discover is a credit card company, yum which is the turnaround in china, i think you must be in it. linn energy, favorite hedge fund short, favorite cramer long, and
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boeing the aerospace company, good oil exposure. again, i'd buy every one of those stocks right here. how about joe in new york? >> caller: hello, mr. cramer. great big booyah from the home of the 27-time world champion new york yankees. >> one month away. counting the days. what's up? >> caller: i'm thinking of getting a copy of your book and spending a weekend in the inn, if you make me breakfast and we go horseback riding. ready? my five stocks are google, gm, gs, goldman sachs, ge and gilead. >> gee, good get. a lot of gs here. this is a big g portfolio.
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gm auto, my trust owns. reports on friday. i think it's going to be good enough. goldman sachs, we have tech, biotech, auto, industrial, finance. gee, what a great portfolio. stay with cramer. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can.
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of the dusty basement at 1406 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall off roble avenue. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had the power to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did. in a little dorm room -- 2713. ♪ this magic moment ♪ [ sneezes, coughs ]nt i've got a big date, but my sinuses are acting up. it's time for advil cold and sinus. [ male announcer ] truth is that won't relieve all your symptoms. new alka seltzer plus-d relieves more symptoms than any other behind the counter liquid gel. oh what a relief it is.
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>> bank of america, intel, caterpillar, nordic american tanker, what's going on? always a bull market somewhere. i'm jim cramer, i'll see you tomorrow! >> and then [snaps fingers] boom, he's...he's gone. he is on the lam. totally shocking. he left very little trace. >> he just has to make one mistake. we can make many. he just has to make one, and we'll catch him. >> narrator: and later, in florida, fbi agents are on the hunt for mike huarte, the godfather oficar
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