tv Mad Money CNBC January 31, 2014 11:00pm-12:01am EST
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and only national is ranked highest in car rental customer satisfaction by j.d. power. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like a pro. my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always work in the somewhere, and i promise to help you find it. "mad money" starts now. >> i'm cramer. welcome to mad money. people want to make friends and my job is not to just entertain but to educate and tut in context so call me at 800-743-cnbc. you know what, i'm getting tired of the tyranny of the s&p futures where the market gets hammered from the get-go for no particular reason. and people panic.
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simply because they figure those future shares must know something. and that what happened today with the dow down and then rallying as the dow dropped 150 points and the nasdaq dropped .47%. i'm on a mission to have you buy low and not sell low. like today, other than they saw red ink. there is no reason the market is going to go down. you will always get a better time to sell, if you wait for it. including today when core indexes came back. unless something negative happen this is weekend, i suspect we'll open up and maybe big on monday. courtesy of the guys in the futures pit. just as i said, buy the 200 point decline on the dow on days like today and if we open up on monday, and you won't have mad money to kick around, if we open
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up big on monday, i think we'll have a chance to buy lower. don't chase. it is a fools game. i've spent time analyzing opening and closes and it drives me crazy that people freak out on a random friday or the dramatically overly bullish and yet uneventful monday morning. do not be fooled. and you know what else in his learned for my research forget rich carefully, you name it, there is only report that truly has impact. one report that transcends theef emmer ole and has a lasting presence in the market and that is the labor department's nonfarm payroll report.
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it comes out on the first friday of every month and including next friday. we've figured the last employment report was weak and making this the worst january from 1010. if you are a bull, you may hope that is influenced by bad weather that did bruise the economy. based on my get rich carefully research, i can tell you that one weekly employment report will be dismissed as long as it is followed by a strong one. if we get two bad reports in a row, we'll see some real weakness in the stock market. and you'll see a ton of talking heads chattering about how the economy could slip back into another recession. i know it is hard to believe. we just had a very strong gross product number but trust me recession will be the chatter. the market is placing a bet on a very weak number. interest rates have plummeted. and while i feel the 5% or 6%
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decline during today's recession has overly punished many stocks, i can't be crazy bullish knowing this number looms big on friday. what else should you be looking at next week? i want to predicate my game plan -- game plan. we saw more boring and cliff jumping like facebook, chipotle and google. on monday we get results from amerigas partners. this is one of the largest propane retailers. why do i figure it? because the stock has a 7.8% of yield. propane is finally in short supply and amerigas is what i like to own when treasury rates go as low as they have. and i look the stock of another company and that is cisco, not the company that is teleco equipment. this is the food service company acquiring its largest competitor. when you get this type of industry consolidation, you have
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a chance to make some big money and i think cisco fits that pattern to a t. because it is creating in the environment where customers may have to pay more because of the consolidation. on this market, when traders smell weakness in the economy, they buy the higher yielding food and package companies but that hasn't happened yet so i can't wait to see the reaction to the consistent clorox when that company reports on tuesday. we'll see two foods, namely gilead and haines celestial. i would buy both ahead of the quarter. i'm partial to gilead because of the new help c -- hep c franchise. on tuesday when yelp and twitter report, all i can say about these is they -- well they are not being valued for this quarter. they are being valued for the next maybe 25 years or the next
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few years and that is good news for them and their shareholders. i don't believe either one is in the same league as facebook or google. but i'm still a huge fan of yelp and i think twitter is a cold stock that people will love no matter what, not unlike amazon, which while down today will bounce back next week when people will realize it is just fine. we get results from two of the strongest stocks in the dow. merck and disney. people are expecting a major restructuring to be announced, including me as i talk about it in my book. disney has a history of going down on the same day the report comes out and so to invest alongside bob ire, one great head coach of their enterprises. and periggo, we saw it after the great recession, it is a huge flag at play. one of my favorite long-term themes. and it tends to go down when it reports.
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i'm trying to represent stocks you don't have to chase. buy when they are hammered. and linked-in and open table, the former disappointment of the previous quarter because the consumer is not guiding out. but the good people at chipotle up $58 would beg to differ. but then again you don't need a reservation at chipotle. i believe they will have a good report. and because both here and as a potential customer in my new restaurant that opens in brooklyn gardens. remember the bottom line. everything positive gets tempered by friday's employment number. a number that not only does it have the ability to repeal any gains we might have going into it but to continue the miserable action we wish could be left behind in this, the last trading day of a month we would all rather california.
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dave, from california. >> boo-yeah, from southern california. >> how is that warm clime? >> it is not as good as it has been today. i've been an investor of lin and you mentioned it is making the company better for the investor but you didn't have tike to talk about it at squawk on the box. >> this company is mad as hell and can't take it any more. it has had undervalued stock for ages and it is bringing out the value. and the fact that stock was only up a little bit this week is a mispricing. this is the stock i wanted to talk about next week because it represents such great value. hold rayon ear. can i go to zack in california. >> hi, jim, thanks for taking my
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call. >> quite welcome. >> i like the big semi conductor stock and i'm considering buying nxpi for long-term play. >> you said long-term play, it has run incredibly. and what is the likelihood they report a number that is so spectacular that it takes it up heightened levels than this and it could go down again. i will sanction buying nxp only if the stock goes down on monday or tuesday but it is a dangerous thing to go in and start buying that stock ahead of the quarter. can i go to paul in texas, please. paul. >> boo-ia cramer. first of all i just picked up your book, get rich careful. i'm excited to dive into that. it looks like a good book. i want to talk about pier one imports. looks like the chart is doing well long-term and short-term it
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is bouncing around, from 26 to 19 and now back up again and are you bullish for the long-term? >> let's put pier one in the context of sherman williams and cosco and home security and the whirlpool and yesterday it opened up big and game down. this is at a 52 week low because people feel it is consumer spent. i think the long-term theme of investing in your house is better. i like pier one. january may be finally over but if we open up big on monday i think you should let some stock go. "mad money" will be right back. >> coming up, how to fuel. the high-tech artificial intelligence play rocket fuel was a red hot ipo in 2013 but a secondary just sent customers
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running for cover. is this a viable dip or will the stock keep sinking? don't miss cramer's exclusive with the ceo. and later, hot tamale. chipotle is flying high after wooing the street. but there is a secret ingredient and cramer is revealing the recipe so you can find the next winning. plus, hot spot? not every shock was held hostage by today's selloff. american electric power is up more than 4% in 2014. will wild swings make this steady stock an investor favorite? all coming up on "mad money."
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>> miss something, head to madmoney@cnbc.com. ♪ ♪ [ male announcer ] a car that is able to see, to calculate, to think -- and can respond to what it encounters. ♪ even if that means completely stopping itself. it's the stuff of science fiction... minus the fiction. the 2014 e-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. see[ sneezes, coughs ]aler for exceptional offers i've got a big date, but my sinuses are acting up. it's time for advil cold and sinus.
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where the market has become a vomit inducing roller coaster it is able to tell businesses to make the best ad buys until the internet, giving advertisers bigger bang than the buck. stocks shot up in the after hours trading and the next day it got hammer add long with the rest of the market. falling from $55 to $57 when we bought them. and then rocket fuel roars back up to 66 a day later. fast forward to today and the darn thing got slammed, down 5 dollars or 9%. i think some is because the company did price a 5 million share secondary yesterday at $61 a share. it feels like we've entered a moment when the market is strong
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something like rocket fuel rallying 93% on the first day can perform terrific but on the down day it is put through the meat grinder and you need some fortitude to hang on through the wild gyrations. but this will change when they will report next monday. that was the last time rocket fuel it got pole axed but soared much higher. people realized the results were better than they expected. let's take a look at george john the ceo of rocket fuel, dr. john, welcome back to "mad money." how are you, sir? >> good. >> good to see you. it was a tough day to price the secondary. i know you let go of some shares. i know that things have become so volatile. can you give us the consistent runway so we don't have to worry about the volatility of the stock.
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>> that is why we did the secondary offering. we had a relatively small ipo and that means i think people don't understand the dynamics but it means that not that many funds can accomplish a position for itself and so the goal of the following offering is to create more funds that are excited about rocket fuel based on their belief in our long-term thesis. hopefully this vomit inducing riot, a lot of shares got allocated last night and hopefully we can tamper this down. >> and we got google earnings and it is a partner and also an enemy for you. because i know in full disclosure the street which has a contract with you, uses you to go buy ads to a google ad exchange. so where are you frenemies? how do you deal with google? >> we talked about it a little last time.
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we see it like as casino and we're a professional blackjack player and win for you more money. and win you more. and we were at the consumer electronics show and we were chatting about how to do more business with them depending on our strategies at all. >> you are the kingpin of artificial intelligence which means you can very rapidly faster than anyone else figure out where to put some inventory. we have the super bowl coming up this weekend. will your machines be worrying, placing this stuff in the right spots as you have an event in realtime? >> well kingpin reminds me of the woody harrelson movie. great actor, odd movie. our expectation won't be different than the dramatic shifts and where they put it digitally and that is how we are
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built. if they notice things changing we'll notice that and move on. we think we'll see new patterns over the weekend. >> new patterns meaning what? >> here is a website that wasn't working for a pizza campaign but football watchers are on that website and checking out scores will find the pizza ad works well. >> are there key algorithms that you work off of? target -- say i give you money and i'm dominos or papa john's, wherever people are interested in pizza, i want the ad to appear. is it that smart? >> it is better. you give us your ads and you say i want to sell pizzas for 50 cents per pizza and the figures run and we do have a number of pizza campaigns. when you look at patterns, the stereotypes are true and delivering pizza, around 11:00 is a good way to go but then we
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find in terms of some segment office managers playing orders early in the morning for lunch and it is good to run them around 9:00 a.m. or 10 a.m. >> and facebook is doing very well. i know you as someone that the street is used to buy banner ads. can you do embedded advertising too? >> that was one of our greatest results in q4, delivering ads in mobile and social video context and we're seeing advertisers to not just run banners but across the spectrum and we're a partner with facebook and we can place ads in the market place units. >> and google talked about how people go to the shopping mall they go with google and look. are they going with google and looking at the prices and something that rocket fuel places in that same kind of merchandise?
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>> well i guess it might work you are out shopping and looking up information about an item you pay be considering buying and that will be -- depending on where you are and when exactly, but likely that will generate some signal back to us just based on advertising opportunities we had, here is someone also interested in this product and it might incline us to serve more ads about that type of product to you as well. >> one last question, when you are up -- talking with people that to different companies and do this, you have some betters, are you able to demonstrate a better return on investment than the other guys? >> that is another thing that we are happy about in q4 and for the full year of 2013, we would have grown about 68% over 2012 without acquiring a single new customer with just our existing customers giving us more money is they get a report on the return of investment from rocket fuel versus other media buys and some a majority of companies say we are their best partner. >> so given the forecast that we
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could see eps profitability next year have some gravity? >> we're serious about that. we're not just fooling around here. >> look. it is a different time. 2014 is different from 2013. and everybody who buys a stock like rocket fuel understands there is volatility. thank you very much. the chairman of rocket fuel. read it in conjunction with google and i think you're understand a lot of what they do. stay with cramer. coming up, chipotle is flying high after wooing the street, but there is a secret ingredient and cramer is revealing the recipe so you can find the next winner. [ coughs, sneezes ] i have a big meeting when we land, but i am so stuffed up, i can't rest. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms, plus has a decongestant. [ inhales deeply ] oh. what a relief it is.
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yes, stocks got pulverized today. but you mind if we take a deep breath and recognize this is not the end of the world. in fact there is still one area of the market that money is rushing into and not out of and that is bona fide gross stocks. there are buyers out there and they are demanding growth. but not just any growth. they want real growth, they want revenue growth. they are not buying manufacturer
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shares, they want the facebooks and the twitter and the googles, and are all up nicely on this hellacious day for stocks. this market is so discerning it is taking amazon to the wood shed. what else do the buyers want? they prefer industrials to consumer stocks, with the breakdown of the retail etf that's call the rth and we're seeing the notion of shopping itself and we're supposed to be a nation of shoppers. still there is cosco, macy's and others that put up 5% and chipotle delivered a beast of a number, 9%. wow, made up with traffic and not just price increases. 11% up just today. but retailer including walmart, disastrous. we keep getting divided opinions why.
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howard schultz has declared there is a secular change against the mall. customers are shopping the mall to see if they can't get things for less. amazon did nothing to persuade me with that. people think they should pay for more prime. and google called out the process of google while shopping. and it has been a bear, while rerail was throw through much of the country, it was good in california and florida where the weather was fine. weather drew the quarter and that is stealth technology, it doesn't matter whether it is cold or hot and they are winner. and i'm no fan of walmart's execution, the mention of the weather and cut back in food stamps resonates.
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surely the government shutdown really hurt. it looks like the forward government -- federal government impeded things with sha shutdown. and the united states is dramatically overstored and at this moment after the great recession has ended is when the futures in sears and joe paterno penny seem most -- jcpenney. think the hot money would gravitate toward the consumer package goods, called cpg's with higher yields but they're worried about markets in free fall and the yields aren't great enough unlike the real estate investment trust which bottomed and now are coming back furiously because someone was willing to pay $74 for chipotle and taking a pass on classic growth stocks says it all for every theme out there, from
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natural and organic foods, one of my touch stones from get rich, and even if it means putting your nose up to 3 1/2 yielders. i don't know how long the revenue driven growth will last but it is in full force and so even on an awful day like this, i can say that this trend is new and it is certainly not going away any time soon. can i go to scotty in pennsylvania, please? scotty? >> hey, jimmy, hi. how are you? >> all right. how about you. >> hey, terrific. i'm wishing you a boo-ya from lehigh valley, pennsylvania. i've been a fan of yours for many years and this is my first call-in and i appreciate your terrific advice. with earnings in mind, jimmy, i would like your current professional take on bed, bath
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and beyond, bbby and is it a good thing to hold. >> i was talking with my account about, talking about bed bath has no bottom. i talked about it in get rich. i didn't like the conference call or why things were weak and i don't see them pulling out of this. i think in the mid-50s we'll pull that one out. and can i go to tyler. >> a big boston boo-ya to you. i want to talk to you about free mountain coffee roasters. i've been holding for a year and i'm thinking about taking profits or riding it out. >> green mountain is a controversial stock and i know they have a lot of red flags and we have a lot of good experience
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with our kerigs. take some off going into the quarter. because it was today and i -- did was strong today but then be disappointed because the stock ran. which is working? hyper growth, pure, clean, fresh, revenue driven growth. that is what they want now. i don't see it changing any time soon. stay with cramer.
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it has the new windows and comes with office, has a real keyboard, so they can do real work. they can use bing smartsearch to find anything in the world... or last night's assignment. and the battery lasts and lasts, so after school they can skype, play games, and my favorite...do homework. change is looking pretty good after all. ♪ change is looking pretty good after all. nwas the most watchedage otelevision event ever.s so, what's next?
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the upcoming winter games from sochi. where every second of nbc universal's coverage will be available on every device. on tv, online or streaming on the nbc sports live extra app. beginning february 6th, experience the winter games everywhere. welcome to what's next. comcast nbcuniversal it is time! it is time for the lightning round! [ inaudible ] >> and then the light round is over. are you ready ski daddy. we're going to start with john in florida. john.
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>> hi jim, john, in florida. jim, i would like your opinion on op could health. >> it went from 5-10 and then it went from 7-10 in a straight line. i believe in phil frost and what he is doing, i'm not going to back away. i think they have some great compounds. ron in indiana. ron? >> this is ron from auburn, indiana, car capital of the world. my stock is tyler technology. >> i have to tell you, i went to tyler, texas, once and i saw tyler technologies hit 100s and i have to do work on it. i have not completed the work. i do not know tyler tech enough to opine on it. to colin in maryland. >> boo-ya, jim, a shoutout to my finance teacher mr. march. >> i like mr. march immediately. what is up? >> my favorite is boldir brands. >> and i have to tell you, boulder friends, my friend at
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greenberg said be careful. he's been throwing red flags about boulder brands so i'm going to tell you i'm on hold. he's that good. to mike in florida. >> jimbo, boo-ya from ft. lauderdale. recently we haven't seen the old american airlines and [ inaudible ] and i'm looking at another airline that is in ft. lauderdale, spirit airlines. >> it is the real deal. they go where they ain't. i like him, he is the we wheelie keeler of the airline business. gary? >> jimbo, nice to talk to you. got a question for you. in the nfl you bet on the quarterback and in corporate america you bet on the ceo, i
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bet on this john metric from microsoft to zinga, what is your opinion? >> i recommended zinga when he moved over and that acquisition was terrific and zynga is going to back back and it is a good situation. and by the way, arizona, i have made my reservations for the super bowl next year and the eagles are in it so i got my tickets now. can i go to rizzon. >> i want to get your opinion on i-robot stock. >> i like irobot. we talked about it a couple of weeks ago. i like it. pat. >> boo-ya. i bought your book. it is just great. it is easy reading, get rich carefully. and i would like to know about groupon. >> groupon is another one. we just covered another stock where the management changed. it has been nothing but net ever
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since. i use this product for the restaurant i'm starting, and this is a brilliant product. it is groupon. you have no idea the depth of what groupon has. it is a bargain and i like it very much and that is the conclusion of the lightning round. >> the lightning round is sponsored by tg ameritrade. >> look at this, it is quintessentially grand theft. >> this needs a backstory. remind and keep going. too far. it was 2013, mad money celebrated 2000 episodes but one sign of celebration would soon turn to a sign of despair. >> i'm so angry. >> that is laughterable.
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>> i bought something that said not made in china. that is why i bought it. probably not that apropos of anything. anyway -- >> i'm so thirsty. 22 years ago, i was real hot on turkey. give me some rocket. the national liquor of turkey. you would have thought i was a speculator and swallowed the worm that they put at the bottom of the bottle in real bad mescal. hey, the four tigers. tiger cub trying to get in on the action but it got too overheated and the currency -- the tai bat, pass the bottle and the tie bat. the russian rubble collapse of 1998 where the stocks of that capitalist nation had way too much vodka to drink. it is pretty darn funny, isn't it? ♪
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ee your authorized dealer for exceptional offers fifteen minutes could save you fifteen percent or more on car insurance. yeah. everybody knows that. did you know there is an oldest trick in the book? what? trick number one. look-est over there. ha ha. made-est thou look. so end-eth the trick. hey.... yes.... geico. fifteen minutes could save you... well, you know. in a market that seems to be getting more volatile by the day and in a environment where
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people become cautious about global economic growth there is no shame in parking your money on high interest dividend stocks. you know i tell you this. take american power, aep gets 95% of the earnings from regular utilities and the company getting permission to raise rates in many states. last year they were put at 6.4% increase. it was reported this week the company is earning 66 cents per share and that is a 3 cents beat. it also referred it's guidance and it is doing well but at the
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moment it's trading in comparison to the other stocks and trading in line at a premium. ohio is do going to de-regulate the power business. and that is why i want to check in with nick akins the ceo and find out where the company is heading. welcome back to mad money. >> jim, great to be back to you. >> this is a first for me in the times i've been interviewed. this is the first time and in not just several quarters but several years, back to 2007, all of our categories, residential, industrial, increased in the quarter. is america back? >> that is an early indicator that we are optimistic about the future. it is the first time since 2007 that we've seen all three residential, commercial and industrial increase in the same quarter. now we took out formet which is
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one of the large primary metals manufacturers that went bankrupt but if you look at the other industrial sector you are seeing oil and gas and chemical improves and that is helping us. >> so would you tell people that that is because of new companies, new -- really new factories or foundries just started up or is that just business getting heavier with the existing ones? >> no, absolutely we are seeing expansions and new facilities go in place, primarily around the shale gas and chemical area. last year in 2013 we have 200 megawatts, which is a large addition in terms of load. in 2014 we're expecting it to go to 400 megawatts so seeing an uptick. >> and when you have new industry you have new residential and they have a nice number. >> residential is doing well. commercial is flat at this point. but the more industrial that goes into play it has a benefit and that is a big benefit for us. >> and i also know that you had really cold weather in some of
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the areas and it is not clear to me, i want to explain to our viewers what cold weather necessarily means for your profits? >> cold weather will have a dramatic impact on us because obviously the meters keep turning in cold weather and in hot weather as well. so the extreme weather conditions produce certainly higher revenues associated with our product. and when you have a quarter like we had, where it was colder than anticipated, you wind up having a hire return associated with it. and we're going into the new year in that perspective as well. >> now you have a bunch of rate cases in front of states. the president was speaking this week and he's talking about income inequality, have you seen a populist trend where they say the fat cats have made touchdown money, it is time to make it so
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the rate payers do better? >> i think as long as we are spending on the right things and in our business we are focused on making sure we adequately reallocate our capital to those places where we need in the grid where customers find value in. as long as we do that with regulators we'll stand in a pretty good stead. as far as the income gap, we have to be mindful of how we spend our money so we are not disrupting the economic environment and from a lower and middle class impact a rate perspective. and we have a great relationship with our regulators in that regard. >> and you talk about the physical side. 89% of those slated for retirement in 2015, that means that the rate peaers have to pay -- rate payers have to pay more and there should be a time where we have give and take with the epa, think about the idea the country is not doing that
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well and not rush to this stuff? >> i think it is particularly troubling. in the cold weather, we plan and operate our system around extremes where you have extreme cold or extreme heat and when you think about just planning it around the steady state operations, that really can cause problems for you and when you run into an issue where the epa is requiring generation to be required by mid 2015 and 89% of the generation is running during the cold weather spell, you have to think twice about the timing of that. we are doing everything we can to mitigate the impact when 2015 rolls around but we'll have to watch that very closely. >> and one last question. you used the term national security issue about this. do you feel it could reach that level in washington? >> absolutely. we need the electric grid and i call it a social safety network because typically everything we do in our lives is dependent upon energy and electricity and if we start to experience
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outages and that kind of activity associated with everything we do in our daily lives these weather extremes can have an impact and when you talk about cyber security, physical security and the grid in terms of its operations, all three of those components come together to make sure we have the backbone for industry, for our homes and our lives. >> it makes me worried. i have to tell you, i think we're being a little cavalier in terms of what -- the transition you have to make and your terrific company has done a great job for shareholders. i don't think it will because you are so good but we'll see. >> thank you. >> nick akins is a deliverer of consistent earnings. i'm worried about the big transition in 2015 but i think they'll be able to handle it. chairman of aep. stay with cramer.
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was the most watched television event ever. so, what's next? the upcoming winter games from sochi. where every second of nbc universal's coverage will be available on every device. on tv, online or streaming on the nbc sports live extra app. beginning february 6th, experience the winter games everywhere. welcome to what's next. comcast nbcuniversal before i get to your tweets i need to catch up with some homework. on december 18th, eric in new york, asked me about raptor pharmacy. i didn't know it and said i will get back to him. this uses specialized drug targeting platform and its expertise to create new versions
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of existing products. it is an orphan drug. the fda approved it last year it netropathicsiftentoosis that can cause major organs system failure. the drug and the company's robust pipeline and including a treatment for huntington's disease in phase three and alcohol disease in phase two is why it has surged and it is up 20%. you know why i like the biotechs and the orphan drug developers in mar. but this was flying way too high. after the stock's run, i'm not a chaser, but wait for the next time, we get the dramatic takeback, then you get my permission to pick up some
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raptor pharma into weakness. jose and asked me about amber ella. it is about a semiconductor company that had a move from 11 to 33 and it has only pulled back about 1 $.50. and they use high definition securities, security cameras and wearable cameras and automotive video recorders so the cool go-pro camera, that has an amber ella chip. and the next catalyst could be wearable technology. the nike line of wearable devices or the apple smart watch, but it could take a while before any of them are needle movers. for now wait for amber ella to have a pullback and give you more attractive entry point.
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i love this company. i would like to do a piece about it sometime or have the company come on to talk about the prospects. but the stock is too expensive and it is a technological reader with fantastic clients. now let's take a tweet from @retired u.s. army. i always say thank you for serving. they say i own nat and chesapeake. i think natural gas went up big this week and chesapeake did not spike the way i thought. north american tanker did not spike the way i thought it would have so i think these are on hold. am i diplomatic? next we have a tweet from at jam down burk which said brought my 3-year-old daughter to work and she broke your arm. she's priceless. so i couldn't get mad. i say get even. no, i will send you a new -- a new one of those jim cramer
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bobble heads because we have a couple kicking around, right regina my executive producer. that will come right at you. because we're responsive. we're interactive. up next at stock analyst 5 asks, what is your take on canadian's back and the bank of nova scoscia. i want to be careful with both of them. for the canada dollar, i thought it would bounce and back in -- bank in nova scotia was my bank, but i have to back away from bns. however, i do like some of the american banks which i think are doing quite well. we have to get more tweets in next time. and throw in the hash tag. so on thursday, the personal finance stuff we're doing. i like it too. keep sending tweets. get a plan, #get a plan. got it? say okay. [ coughs, sneezes ]
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and drilling technologies to produce natural gas... powering our lives... while reducing emissions by up to 60%. energy lives here. ♪ some brokerage firms are but way too many aren't. energy lives here. why? because selling their funds makes them more money. which makes you wonder. isn't that a conflict? search "proprietary mutual funds". yikes!! then go to e*trade. we've got over 8,000 mutual funds and not one of them has our name on it. we're in the business of finding the right investments for you. e*trade. less for us, more for you. the fund's prospectus contains its investment objectives, risks, charges, expenses and other important information and should be read and considered carefully before investing. for a current prospectus visit www.etrade.com/mutualfunds. all right, repeat after me. the market opens up big monday, we are going to trim, or at least not chase it. that's what happened today.
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i saw so many people panic. it is just driving me crazy. guys, if you are going to be in this business, do not regard these gigantic up or down moves as anything. there's always a bull market somewhere. i will find it for you here on mad money. i'm jim cramer, and i will see you monday! billionaire tom petters is the face of business success. >> he was a deal chaser and a deal maker. you know, he was a mover and shaker. you couldn't hold tom down. >> $8 million house out in lake minnetonka, i think the one in palm beach was $15 million. >> narrator: a local boy made good, who never forgets where he came from. >> we are a very caring company. that's one of our core values. >> this is a hometown guy who cares about his hometown, who cares about people losing their jobs. >> "this guy is the real deal. nothing to worry about." there seemed to be no reason at all to suspect that something was awry.
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