listened to their customers. >> coca-cola classic. "fast money" is coming up in a few minutes. melissa lee joins us with a preview. >> i'm going to do my best impression of a local news anchor. a stock entering the triangle of death. details at 5:00. that's what we're going to talk about. >> much respect. >> "fast money" starts right now. at the nasdaq markets in times square. tesla, announcing details of its new factory in the last hour. we'll have more on that story coming up. tonight's top story. why the consumer is not dead. take a look at these stocks. abercrombie, target, macy's, rallying in today's session. despite the weather, some out there are spending, karen. what do you make of the action? >> i thought it was pretty good. there's a holdover from yesterday. macy's, target, the numbers weren't great. but they weren't so bad. and i think that aside from

canada, which wasn't good, there were some things to like there. and their multiple is lower than it's been in a long time. they set the bar low for themselves. and they delivered enough. people coming back in. like macy's today, the stock is still not expensive. >> we knew that canada was going to be a problem. but people started spending on their red cards. why are you laughing? >> we knew canada was going to be a problem -- that phrase on this show. eight years in. >> the presence in canada. that's what i meant, canadians. >> i'm all about -- you know. >> anyway. >> long live canada. the quarter wasn't great. but to karen's point, was good enough. margins seem to be contracting. but the stock has been discounted where you can still buy it. it held at 55. you have nice price action today. not a good quarter. i think the stock stays saturday of benign. the stock can go higher. >> abercrombie & fitch. this is the best day it's seen

in a month. >> on the show, i got long on this name against the $30 support. the title of this article says, abercrombie buys back. >> everyone thought management was going to be the issue. for me, it was about an lbo possible. being taken private. i was buying it against technicals. >> i think more importantly, a lot of the names we talked about are stock-specific. abercrombie had its own situation. home depot, the last few days. it made new all-time highs. >> with the help of lowe's today. >> and lowe's had been underperforming the broad market and xrt, i think that price action is very important. and so, to me, you have a situation where karen started out saying, the retail space got really bad. heading into the reports, a lot of the stocks had not confirmed the new highs in the s&p, which we just saw earlier in the week. here you are.

they look like they're poised to make a run at the previous highs. >> on the macro that could take all of the stocks down on a granule level, we tried to rip through the old highs. and we stopped dead in our tracks. the market ticked higher off those new home sales. and stopped at yesterday's high. we tested yesterday's low. but to me, it's still about a level, a technical level, versus a breakout. i think that people still don't know what to do. and they're so afraid of buying the high and looking stupid. i don't think we're breaking out. >> let's get more retail here. jerry storks joins us now here at the nasdaq. great to see you. >> great to be here. >> what do you make of the consumer and whether the stocks we mentioned at the top, are they stock-specific? or is the consumer spending? >> i think they're stock-specific. they're cases of stocks that have been hammered. they have exceeded low

expectations. target is a fine company. last time i was on your show, you recall, the very day the target breach was announced. it's a one-time event. look past it. a rich company. they can pay for fines. move forward and get beyond it. that's what you saw today. you saw the consumer coming back. the canadian results, abysmal by any measure. using almost $1 billion in canada. having said that, they told people what they wanted to hear, what they needed to hear. they're coming back in canada. it's going to be a good year going forward. everything looks forward. they told all good stuff in the future. abercrombie, here's a company that's troubled. they beat low expectations. all of the retailers appealing to teens and tweens are doing poorly. they're are on the internet the most. it's difficult to retail to today. companies that are doing well in

bricks and mortar, the teen business is down because they're shopping on the internet. >> they're shopping on the internet. shouldn't we see the sales be internet sales? >> they are. they get disbursed more widely. the mall is a place where teens used to hang out. now, they hang out on facebook and other forms. and they may be spending but not on apparel at all. >> i don't hang out. >> yeah, i know you don't. >> i was in the library. real quick. in terms of target, you were on the day we did the mall show. and we talked about it then. you think the stock is cheap enough -- you think all of the problems are behind them? >> every one of the companies had challenges in this world. the greatest challenge for any retailer is the internet and what to do about it. target has lagged others on the internet. they have a lot of work to do in that area. and the focus on value.

you saw last week, walmart isn't value enough for today's consumer. they are looking for hard value. companies like the dollar store are doing great. >> dollar tree missed. >> they were up, too. and they're doing better. look at one-year performance. you're dealing with someone up 30%, 40%? some huge amount like that. target is down in a 52-week basis. >> how much of a push are we going to see of emv technology? you see the retailers like target. is that in the space offer have phone? >> it should have happened a long time ago. it's in canada. how could it not have made it to the u.s.? >> let me ask you a question. do you think a name like ulta, is immune? that kind of product, you know, beauty products, people want to see the color. they want to feel the consistency. are they less susceptible to the online dispersion of traffic? >> you have to have great

websites and do an omni channel retailing. that's why macy's is doing better. they are way ahead on the internet, compared to most of their peers. they're doing a fantastic job. it doesn't get broken out often. it's not clear whether they've had positive comps in their stores. >> they feel the business is all won. >> don't think about that anymore. you have one consumer. they're going to choose having to do business with you. you better be there in all places. there are categories and cosmetics has been one, that are price maintained by the manufacturer. you lose the price competition on the internet and the margin compression component in certain categories. >> jerry, good to see you. jerry storch. let's take a check on jcpenney. those shares are soaring after the company reported a less than expected first quarter. courtney joins us with the latest. >> it wasn't all bad for jcpenney in the fourth quarter.

they announced 2% growth and had the end of the year in $2 billion in liquidity. they had a smaller-than-expected loss, expected to the loss that wall street was looking for. revenue came in light. gross margin improved. but it remains below 30%. the retailer expects margin to, quote, significantly improve in 2016. jcpenney is guiding comp sales. not as long as analysts had modeled. the conference call is going on. ken hannah just said that $2 billion in liquidity does not assume any asset sales. that was one of the questions just asked by the analysts. other good news, the fcc is not recommending action further after it has been investigating the retailer's financing. we learned of that. that investigation included the stock offering, issued backed in

september. shares took a jump higher. jcpenney is free and clear in that. i'll bring you more when we have it. >> thanks so much. courtney reagan with the latest on the jcpenney conference call. let's trade this call and the others. it looks like decent headway. >> decent off of such a low bar. look at the sales versus down last year this time in the 30s. but the momentum will clearly be here. the stock is so low. i think it's expensive for the story. but i think momentum will take it up. >> you have a huge -- ridiculous short interest in the stocks. the quarter was good enough, it's going to make a move like this. you can probably see followthrough again tomorrow. if you look at a chart since may, a series of lower lows and lower highs. we're in the midst of making now. can it trade 7.25%? maybe. you have to sell it if it gets there. >> let's get to our chart of the

day. this is in the retail industry. this is one that dan had spotted. he said it's one of the worst looking charts out there. it looks like death. dan has coined the term, triangle of death. >> it sounds dramatic, doesn't it? >> you coined the term. >> i'm trying to find some stuff beaten up. unloved situations. we talked about target. or a&f. and looking at whole foods. it's been a high valuation, high growth leader. but growth is starting to decelerate. when you look at that chart right there, on the way up, it looked beautiful. and made new all-time highs last year. but a consistent couple of disappointments has caused lower highs and lower lows. it is sitting on a massive support level, right above the gap level. if it breaks there, you'll see a 10% swoosh very quickly. >> is this a statement on whole foods itself? or the higher-end consumer?

>> i'll throw out another one. starbucks. >> in the triangle of death? >> not really yet. it could be soon. this stock has not confirmed the new highs. one of the interesting things about starbucks and whole foods, those were poster children for consumer discretionary last year. now, they can't get out of their own way. >> is whole foods in the triangle of death? >> if dan says it. you need spooky music like, "triangle of death." duncan brands has been a monster. >> opposite of triangle of death. >> what would that be. >> the sparkle of life. >> you went to harvard. it's a good stock. i went to georgetown. georgetown, a rival of life, harvard. something like that? no? next up, one big bank accused of helping wealthy americans hide billions from the irs. that story coming up. tesla, announcing its new

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world ♪ earnings alert, dom chu is watching moving in the after-hours session. >> moving uptown. the company's posting better-than-expected forth-quarter earnings. gained traction in the stock here. 20% of total revenues in the fourth-quarter went from mobile platforms. the stock is up about 6.5%. 1.1 million shares of tradie ii volume in the after-hours. for baidu. tesla, another big day of gains. the company announcing to begin building its own battery factory that elon musk is calling a gigafactory. ben, great to have you with us. >> thanks, melissa.

the stock is moving higher in the afternoon. what do you make of the stock that tesla has become? >> there's two things that are pushing the stock higher. one, i think investors are happy to see that there is an equity offering for delusion, with the convertible. and the cap backs around the plant. over the past two weeks, since the plant was talked about, i've seen estimates as high as $10 billion in that would come from other battery factories out there. with tesla's announcement, the gigafactory is going to cost between $5 million to $10 million. that was our estimate going into this week. i think people are plenty surprised this is going to be the cheapest lithium battery c factory out there. and tesla will own a portion of

it. >> do you have a guess as to what the structure might be? they're going to partner with somebody and maybe a number of parties. and what the controlling interest will be from tesla? >> you know, we don't have the details yet. i would say if there was one thing that is missing here, this really is hard and fast details of the battery plant and offtakers. and any other potential partners there. but that's tesla's style. they're going to keep it close to the vest and release information as they make progress on the plant. >> ben, you've been great on the name. if i had to isolate it, is it a battery company? is it a tech company? or an auto company? without saying it's all three, which is the one you would classify it as? i think the last push has definitely been energy/battery. but if it's an automobile company, should the stock be leveling off from here? >> it is a battery company. it's a consumer-based technology company. there's very few consumer

technology companies with a rapid growth profile and a margin as tesla. that's why it's gets valuation. the stock value, in the past 60 days. >> you raise your price target recently. it's above that price target. what's your view on the stock over the next year? are you more inclined to raise it? or do you think it will settle down? >> i think the stock still probably has room to go. it's going to get harder as the story becomes more complexion. you have to build out. at the same time, you have the gen-3. a lot of the value is predetermined on one step closer to the gen-3. and they discussed cutting the battery cost by 30%. you have new applications that we are yet to hear about. over the course of weeks,

months, we're going to hear more about what this factory means. we'll get more detail there's. that will drive the stock higher. in the background, we have more model x, seeing what initial production vehicles look like on that. and you know, the man ramping up and supply ramping up. >> you're going to stick with the price that is 15 bucks lower than where it is trading now? >> i'm not raising my price target yet. >> you did it the next day the last time. thanks for coming in. ben kallo. >> point out one thing. this convert offering. we don't know the exact terms, the yield or the convert price. but they do plan on hedging any delusion. they're going to hedge with not dilute the stock up to $500. that's interesting.

think they 2019, they want to protect themselves against diluting $500 or lower. >> you get a glimpse. >> a bullishness there. i don't know. option boy you can put it in your model. >> this is a standard thing. herbalife did the same kind of thing. not that extensive. but they brought a call spread. it's smart. we talked about this before the show. when they did their last $1 billion convert in may, the stock was at $92. you know who bought that? elon musk himself. it's showing the exuberance for the potential for this company. grasso wants to put it in a bucket. it's a mania. it could keep going. we're going to have that same guy on again and again. $300 price target. are you going up to 300? grasso's been great on it. play momentum. >> grasso's been great on the name. what do you do now? >> i would be locking in profits now.

it's up $55 from where we spoke about it a couple of fridays ago. but ben hit it on the head. the model x with the gull wing doors, near-term, that's going to be a huge sell for these guys. people are going to clamor for this. i would be a buyer of the stock, based on that alone, once this settles in. but i need to see a little support in the stock first. >> fun driving it. >> i'm asking you. >> gull wing doors. >> gull wing. >> gull. >> it's hard. you got to take a step back and let the dust settle. i've been -- >> staying on the sideline. >> yeah. >> all right. >> you don't need to play all of them. >> around the $200 level. people will be looking at that for years. coming up, one big bank accused of using covert tactics to help its clients keep billions in assets from the irs.

kate spade and company have hot products that might give you a solid run for your money. more with kate spade ceo later on in the show.

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♪ secretive bank accounts under fire. new reports say credit suisse helped clients hide billions in assets. roberts has this report. >> it sounds like a scene from "ocean's 11." secret account statements. remote control elevators used to hide detection. this was a real report on credit

suisse. the report saying that credit suisse helped more than 22,000 accounts for u.s. customers, total value up to $12 billion. up to 95% of that were not reported to the irs. this is part of a wide-ranging probe into rich americans who have secret swiss bank accounts to prevent taxes. now, credit suisse is being accused of running a widespread tax evasion effort. credit suisse saying this was a small group of rogue bankers who were acting on their own. media reports saying credit suisse could pay up to $800 million to settle these allegations. but the wealthy have found new ways to avoid taxes. puerto rico, the kamens, singapore and other locations are getting business from those diverted from switzerland. it's like whack-a-mole tax evasion. >> that's what you did, right,

guy? >> don't lump me in. rogue trader. rogue banker. rogue trader. these were the cats that were studs until they get caught. the only difference between a partner and a rogue trader is whether you made or lost money. that's the truth, folks. don't give me the rogue banker stuff. they knew what was going on the whole time. guy adami has spoken. >> there's two facts that don't square. the fed is saying these are 22,000 accounts. 95% of them were not reported to irs. therefore, illegal. you have credit suisse saying, this was just a few guys. a few guys are not going to be running 20,000 accounts. one of the two are wrong. just because you have a swiss bank account doesn't mean you're doing something illegal. the problem is, they can't get information from that because swiss law forbids banks right now from giving that information to the u.s. government. we just don't know how much of this is legal. >> great story. robert, thanks for coming by.

robert frank. let's trade the banks here. does it matter that credit suisse has helped u.s. clients -- from the bank's perspective -- >> from the bank's perspective, i don't think so. >> these things don't seem to matter. >> if you looked at jpmorgan in the last month -- i'm not just saying that. they announced tons of settlements for god knows what. mortgage and all kinds of things. it just doesn't matter. the stocks had a breakthrough. >> all biased. >> i am extremely biased because i do love jamie dimon. >> gave camp bringing tax ref m policies. people look for ways to save their money and shelter it less opinion they bring their money back home. it's not worth all of the haasle. >> are you -- >> are you being -- >> i know. >> he's making a point.

>> it's a risk of trying to run around the law. when you get something you feel is fair, you keep the money here. that's what corporations do, as well. >> as far as trading, you mentioned jpmorgan. they cut their guidance yesterday. to me, they did not confirm the highs in the s&p this week. they could be dead money right now. maybe we saw lrotation. >> bank of america is sitting right here. and to me, every dip is a viable one. stocks can consolidate. they will set up for a breakout. >> jamie dimon's bank is dead money right now? >> don't do that. he's roger craig or daniel craig or whatever that guy's name is. goldman sachs, though, you look at g.s., the first day of january, not traded well. a little bit of bounce. it's down to the 160 level. i think goldman has to hold 160. the financials haven't parts nated in this rally.

>> jpmorgan was talking about how weak trading was. >> too bad, jamie. still ahead, colorado's pot business is growing like weeds and getting high-tech. get it? the details, later on. plus, the risk of shipping oil by rail. what impact could it have on crude prices? [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah.

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♪ welcome back to "fast money." we're live at the nasdaq market site in times square. let's get a look at jcpenney. courtney reagan is back at headquarters looking back at that conference call. >> the call just wrapped up. a lot of questions about cash flow and liquidity on the call. it ended 2013 with $2 billion in liquidity. cfo ken hannah said it does not assume asset sales. when asked by oppenheimer on the call, they made a strong statement about cash flow. take a listen to this.

>> we anticipate to complete the turnaround in 2014. if we complete it well, we see visibility to be cash flow positive. i think it's too early to be very, very specific. but i think the liquidity guidance we gave you gives you the comfort that we are not burning cash in the process of finishing the turnaround. >> strong statement. he later said we don't think that liquidity has to be top of mind. we need to focus on day-to-day results instead. the shares higher after-hours. >> holding on to the 13% pop. karen, you tried to get -- >> just out of curiosity. with a high short interest, there was no borrow available. it will be very tight. that puts the floor out there. >> the u.s. ordering emergency pest tests on crude oil rail shipments. saying it has become a hazard to public health safety and environment. let's bring in the global head of commodities at citi, ed

morse. great to have you with us. >> great to be with you. >> will this stall things in transporting crude? >> we don't know yet. there's a lot of crude and petroleum products that are shipped by rail in north america. about 700 million barrels a day. it's been petroleum product that's been moved by rail. the big surge is north dakota going by rail, east, west and south. and the explosion recently, might have some consequences in north dakota. >> what is the risk, as you see it, to crude oil prices in terms of, if that shipment has slowed because some cars are taken off of that cycle? >> you look at the amount of trains and tankers coming out of the north dakota terminal, it is a train with 100 tankers, leaves that terminal every 2 1/2 hours. if that slowed down, what does that mean to the price of oil? >> sure.

we don't know whether that's going to be whether they're going to aim. they're going to aim in part, at what the gaseous content is of crude. and the producers may be able to do something about that. they may have to shut some production to put in gas/oil separation units if there's too much gaseous material there. it's not going to stop the flow of north america crude for a very long time. these trains, the unit trains, are pretty safe. no one is talking much about tinkering with that. talking about getting rid of old equipment. and to really look at how to monitor the gas content of the oil that's being shipped out. >> you think we can allow and loosen the export on crude oil? >> we don't have to loosen them. they should loosen them. we're seeing a surge in crude oil exports, come what may. we were exporting 60,000 barrels a day to canada at the end of

2012 and end of 2013, that jumped three-fold to 200,000 barrels a day. that could jump again this year. we're right at the point where exports out of the u.s., into canada, which are freely acceptable by regulations, should grow pretty significantly. maybe to 400,000 barrels a day, which gets us to the level of the smallest of the opec producers. we'll also be seeing exports out of alaska this year because of rail shipments in california making it economic to move crude from alaska to china, japan and korea. that could add 50,000 barrels a day. we're exporting an incredible amount of petroleum products. the u.s. has moved in five years from being world's largest importer to the world's largest exporter of gasoline, diesel, and chemical feed stock. that's going to continue to ramp up. we're going to overtake russia as the largest exporter this

year. and maybe by next year, overtake saudi arabia as the largest exporter of petroleum product chemical product. >> ed morse, head of commodity research at citi. >> i think everything ed just touched on, means that wti and bread come in line. that spread dissipates. the refiners are shot. but we were talking about the refiners being topping so long. >> you think it will happen now? >> i do. >> even though we were wrong early? >> maybe in the sixth or seventh inning for the refiners. why place the bet now? the downside is about one-third of the stock price. >> he said rails, rails. what about the transports here? disappointing trips from ksu. seen it from expediters yesterday. >> they're going to have to spend more if they have to

update their cars. >> what about the cost? we saw u.p.s., fedex, boeing. disappointments. the transports seems like a difficult specter near. noodles and company getting hit. dom with the daily chew. i didn't wry that, dom. >> noodles and company getting hit hard. the company posting weaker than expected cost. noodles, it was a hot i.p.o. now getting panned in the after-hours. >> ha, ha, dom. time for pops and drops. big movers of the day. linkedin, up 1%. >> got upgraded dc. they slapped a price target. if you're going to be long, you want to use 200 as a down side. >> drop for first solar. down 9%. >> i don't like to play in the

sol solar space. if i had to, it would be solar city. if you believe tesla is going to sell off, this trades in lock step. >> pop for anheuser-busch. up 2%. >> big fourth quarter in a stock that shouldn't be as volatile as it is. it's imperative it closes above 107, the high of a couple months ago. it fails, it goes down to 94 bucks. >> pop for karen's final trade last night? >> north atlantic drilling. >> up 2%. >> the ultradeep water drillers, with oil up here, they're good. i see some very big cash flow numbers out of these. >> and a pop for hipster beers. men looking to make a fashion statement are going to doctors for facial hair transplants. it makes thinner beards more masculine.

the price can upwards of $8,500. >> look at that. >> that's amazing. >> that was glued on. >> shelled out money for the transplant, it would look fuller and more masculine. >> that's why dan's back hurts so much. >> it's the attack of the activists. >> i can tell, you look better. >> i think he looks better without. >> no. >> he looks hideous without it. >> he thinks i look hideous. >> more than less. >> degrees. >> it is the attack of the activists. each taking aim at different stocks. coming up, the activist division of options action. and kate spade takes you to the park avenue showroom with the ceo. much more "fast" ahead. tdd#: 1-888-648-6021 there are trading opportunities tdd#: 1-888-648-6021 just waiting to be found. tdd#: 1-888-648-6021 at schwab, we're here to help tdd#: 1-888-648-6021 bring what inspires you tdd#: 1-888-648-6021 out there... in here.

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♪ everyone focuses on carl icahn's focus on ebay, another is looking at the options pits. dan nathan went over to the smart board to help us. >> you mentioned ebay today.

carl icahn asking for stockholders to support his view of separating bay paypal and ebay. that puts was 3-1. and dow was the one. options traded two-times daily volume. this is the one that dan lobes is after. two good trades looking out to january 2015. an options trader bought 40,000 of the january '15 calls. it's 52.78. up about 20%. the stock made new highs today. it's breaking out. and one of the things that's interesting when you see a big call purchase like we saw today, you have to be careful buying stocks at highs after huge runs right here. this is implied volatility. this is the price of options. it's basically at three-year lows. that's telling me that somebody out there leaves in what lobe is doing. believes this company is worth

than than it is right now. and wants to define the risk at a time when options are cheap. >> more "options action" every friday. check out the website, options action at cnbc.com. the stock of kate spade moving higher again today. i sat down with craig leavitt for an exclusive interview. take a listen. >> we are a brand that was born and has great roots in the handbag and small leathergood area. that's going to be the anchor of our business. as a penetration of the total, it's going to decline because we're adding new categories. that's going to be the anchor of our business. >> let's talk about the competitive landscape. how big can the kate spade grand be when there's so many fierce competitors? >> we think we have a long runway that we're just at the beginning of. you know, i've said that i think we have a clear pathway towards

about $4 billion at retail. and i'm very confident about that. we have a number of things going in our favor. first and foremost, we have a diverse business model. first, we have diversity in terms of product category. we're really a lifestyle brand. as we've introduced new product categories to the consumers, really embraced each of the categories. i think that's really a competitive advantage that gives us an opportunity to roll out new categories of business. >> some people might say you're trying to be too much to too many people by trying to cater to all of those segments. you might cater to a person who might buy a lower-end handbag. on the other side, you're competing against burberry brackets. >> we have consistency in the product we put out to the market. that's what it's all about. we don't have different lines of product within the kate spade

new york brand. we have one dedicated design and merchandising team that are focused on something that is consistent, that is part of our dna. and that helps us to avoid the pitfalls that some others can fall into, about having product that doesn't feel connected to one another. >> you are overseas. you have many overseas. you are pushing aggressively internationally. are there cultural barriers? economic barriers to the climate right now? >> we have a global strategy about trying to deliver a consistent message to the consumer where she is. but there are nuances to the markets. one recent example of that is over the last couple of years we've built a fit for our japanese consumer. and it's really the best-selling product we have in the apparel range, with this fit that's aimed at that consumer. that's an example of understanding the different -- >> you mean the sizing? >> the sizing. that's parent that we understand the nuance of the market.

and not having a one size fits all. >> how do you make sure that you're not expanding too rapidly? are there metrics that you're looking at? >> we do look at that. and the great news about that is, we are now at about $1,265 a square foot in terms of our productivity over our retail spaces. that is the 14th-consecutive quarter we've grown that number in a meaningful way. >> he did say also, when they open a new store, that is a ramped up of 1,265 even with the expansion. that's quite a number there. >> so many parts of the story are impressive. talking about a $4 billion top line. they've done a great job. we talked about it yesterday, as being a little minikors, or kors light. >> ha.

>> and there's one other thing. we talk about kors taking shares from coach. they're taking share from competitives. you think about a competitor in japan. one has to think about coach. coach is getting it from a lot of different sides. >> i don't think any of us has been a big coach fan. kors has been where we've been. karen has been on macy's. it's hard to get your arms around valuation. next quarter, they miss, we'll have a conversation. >> but sales are declining here. and i haven't seen one of these bags in a while. >> you're the expert on the handbag. >> in 1997, i bought my wife a kate spade bag. i haven't heard the name since we did the call today. >> you are kind of missing out on what's happening. >> of the entire liz claiborne universe, this is what they view as the crown jewel. >> creme de la creme. >> back to the smart board, dan.

>> colorado redefining the pot of gold. coming up, we take a look at the high-tech business booming behind marijuana legalization, in that state. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ you want everything.orkse. an expert ford technician knows your car's health depends on a full, complete checkup. the works. because when it comes to feeling safe behind the wheel, going the distance

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♪ things are turning to pot, literally. >> yeah. >> colorado's legal recreational pot industry is projected to be worth $600 million annually. in a new documentary on cnbc, harry smith looks at a company that's giving high-tech an entirely new meaning. >> inhale on the pen. and the cartridge releases a vapor. >> this does not look like marijuana business. it looks like high-tech start-up. >> the feel was supposed to be the google of cannabis. >> these are co2 extractors.

>> the tie dye culture and black lit posters are history. >> the pounds of trim of marijuana go into here and that much oil will come out. >> do not miss tonight's premiere, 10:00 p.m. eastern, on cnbc. >> watch it. >> jim cramer just spoke with the ceo of sprint about consolidation in the industry. take a listen. >> what we're talking about is not going from four competitors to three competitors. but going from two, big, strong, competitors to three, big, strong competitors. >> three, big, strong competitors means t-mobile and sprint are getting together. >> well, who knows what might happen? but if that were to happen, and i'm not saying it will or it won't, i believe that three, strong competitors is better for the competitive landscape in the u.s. >> jim's got the interview coming up in a few minutes on

"mad money." let's get to our tweets. these are the best that came in today. let's kick it off with one for grasso. would you buy coca-cola? >> it recently checked the low from october. checked in early february. i think there's support here. i would keep it on a short leash here. 37.87. i would use a 37 tight leash there. 37 stop. but i mean, it's right here. not my favorite pick. >> easy value. >> i need the smart board right now. >> we come right back. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading.

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i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves. time for the final trade. around the horn. >> settling toward the consumer. i like gm here. >> grasso? >> p.a.y. on technology for credit cards. >> i think you have to sell some xpi calls and take a little money off. >> great out of chicago. bridge and iron. >> just say no. >> you can say no. it's okay to say no. >> okay to say no. absolutely. >> it's an option.

>> cbi. >> i'm melissa lee. see you again tomorrow for more "fast." and meantime, "mad money" with jim cramer, starts right now. my mission is simple, to make your money. i'm here to level the playing field for all investors. there is always homework in summer and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. people want to make friends, want to make you money. call me at 1-800-743-cnbc. don't bet against the consumer. it's a