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tv   Mad Money  CNBC  March 15, 2014 4:00am-5:01am EDT

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>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. ""mad money"" starts now! hey, i'm kramer. welcome to ""mad money."" welcome to the 9th anniversary of "mad money." other people want to make friends, since 2005, i want to help you make money, cramerica. my job is not just to entertain you, but to educate you and teach you. call me at 1-800-cnbc.
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and thank you for sticking with us as we come out here every night for you. the new york stock exchange and the nasdaq might as well relocate to beijing. that's what i feel. after this week, at least that way the action could make some sense. and then i could come up with a better game plan. let me think about it. once again, to bes struggled. dow 43 points lower. nasdaq climbed .35%. why? here we go again. tensions in ukraine and economic weakness in china. we can't seem to get beyond these, believe me, for those that own a lot of industrials, oils or banks, it was plain brutal. an entirely miserable week so what thing do we have to look forward to next week? let's start with russia vs. ukraine. forget a vote that allows crimea to succeed from ukraine and go with russia. we know from statements made earlier this week that secretary of state kerry will have to live to up to his obligation and take action meant to reverse the
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situation. teach the kremlin a lesson. well, i don't care about the kremlin and a lesson, we don't know what it could be, which is the proximate cause of this week's weakness. however, i think the market is beginning to discount most scenarios, make it so we might be able to rally a little bit no matter what. vlad putin, though, he does seem to have all the cards, although some say he senses the trade sanctions because now have have the stock and that would be the most obvious form of retaliation. i think if russia actually moves to take over all or part of ukraine, beyond crimea, then we are dealing with something not taking to the market. pining the prices could fall further, maybe a lot further. we aren't that oversold, technically. i also think you need to be prepared to buy stocks into weakness, that are domestic secular growers, meaning they don't need an economic rebound like some of the great restaurants and retailers we are talked about. as well as a group who has been
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crushed. big biotechs that have nothing to do with geopolitical issues but have been hammered. why not be more aggressive, why not buy the industrial companies because they're all coming down so much? because of the other issue, because of china. i think that as nasty as the russian issue is to the market, it's actually china that's driving a lot of the recent weakness in the dow jones industrials. we know that because we are hit. we are in lock step with them and when the negative data point gets released. how will you tell when things change and you don't want to think about china? i twoongt want to give you an example. let take monday. we will get china's february property prices. so what dough we need here? we need property prices in china to be tame because we don't want to see inflation. yet housing prices are up too much, then we will hear the chinese banks will need to be reigned in by the chinese communist party. that's instantly perceived as negative. banks reigned in, shifts 5%, 4%, unfortunately. the reason china weighs on this
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market is everything that comes out is probably perceived as negative these days, even positives. i mean, something that we would kill for in this country, we can only stop worrying about china when we get a lousy number and then nobody cares here and it doesn't impact stocks because we've already presumed that things are bad. we somehow, the expectations are still always so high. unless we're not there yet. so look, for the market, be disappointed with the china property index, for heaven's sake. now, during this period of international tension, we have seen the end of one of my favorite terms. we've got the end of pin action. oh, man, i love that metaphor. what is pin action? it's when you hit the lead pin and it spins enough to knock over all the other pins, giving you a strike and, yes, i do love to bowl. ever since europe bottomed november 2011 when american companies reported good news, we had rapid pin action, strike after strike as the strong report in one company led to a
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strike across the entire sector. but lately these tensions have made it so can you hit the one pin as was the case yesterday with william sonoma the retailer crushed the estimates and the only stock that went flying is williams williams-sonom williams-sonoma. not a single housing play rally, including analogous stores that are like william sonoma in the saim same mold. tuesday, we get reports from adobe and oracle. now, i have to tell you, both of these have been hot. i expect both of them to be excellent. adobe's got to use cloud that's doing quite well. will there be pin action on the tech stocks? this will be the best chance we get next week, as the two most high profile text companies are reporting, we see this cohort going up, there is so much to buy. but if these guys do well, they're if only ones that go up. sidelines, people, sidelines, wednesday is a huge day. it kicks off with federal express, one of the best stocks in the market since it bottomed
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after a series of disappoints. this one has been rallying like crazy, morning doubling over the market. it's been marking time of late. i prefer ups to fedex because it never recovered from its holiday season. as i write in the chapter "get rich carefully" about how to listen to a conference call, i like poring over fedex's report. it gives you a state of the state reading, telling us how all the regions they service are doing. fedex will be up too much from the get-go, after reports of a great number. what i would say is look at ups and if u.p.s. is unchanged maybe it picked them up for a nice trade. the most important article comes at 2:00 p.m. when we get the statement about interest rates, then a press conference hosted by new fed chair janet yellin. so far, her tenure has been flawless, although, it's been short. i expect the flaws to continue. if we get a strong showing by yellen, and we're further along towards some clarity in ukraine, then we could be ready for a
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rally regardless of what happens in china, at least for a couple days. one other thing of note for wednesday, remember i told you not to forget about first solar, they reported that a few weeks ago. people didn't like it, it was a squishy quarter. the shock had its biggest move. it occurs on wednesday. it will be huge again. i would buy the stock ahead of the meeting if it is down going into it. i'm calling thursday housing day. we hear from lenore, the giant housing sales. housing has become out of nowhere a headwind with multiple downgrades of this group with excessive amount of hammering about a drying up of home sales, some people have already written off spring home sales. do you mind if we get facts before we make these negative judgments? they score with the housing over, not like fedex giving you a world of review. it's one of the key looks for american growth. i think existing home sales are truly important. when you buy a home, what do you do? you're bound to fix it up if it's an existing home.
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the stat gives you a sense of how much inventory is available as the most significant housing data point there is. i will make a quick assessment of it for you when it comes up. just a heads-up, we have a number of upcoming bio-tech and cloud computing ipos i suspect will be priced thursday and friday. judging by the success today and it was really a lot of hoopla castlight health. you might have seen it this morning. that's a cloud play pay designed to help on health care benefits. this darn thing soared 140% today. if we get a lot of good news, it will be spun negatively. people will be saying there is bubbles all over the place. you know i'm concerned about too much fraud but i also want you to make money. how about broker monday, see if you can get some of these down, write these down, paylocity,
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request 2 holding, paylo city and v ocosartis. darden you know as red lob ter, olive garden. it will give you many numbers. i think many people want to see a new ceo name. the new ceo name. we hear also from tiffany, which i think will report a terrific number. maybe as good as from williams sonoma earlier in the week. what happens in tiffany's, stays at tiffany's, a new number won't impact any other retailer as long as they wrestle chinese tensions and slow down to dominate the news flow. in other words, no pin action. still, the bottom line is i think the healthy domestic stock, retailers and pharmaceutical names are poised to war after this big bad news that then occurs monday. i'd be buying them the weakness that we get if uncertainty still hangs in the air and then as the week plays out to be even more, i would get even more
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aggressive, going into fed chief yellin's press conference on wednesday, something like a first solar, needless to say, though, we get a hot war over ukraine, all bets are off. time to go to dave in california start the question. dave. >> caller: hey, boo-yah, jim, from dave in sunny, california. >> great. >> caller: greeting, greetings. first of all, i noticed on "squawk" on the street this is the ninth anniversary of your show. congratulations. >> thank you very much, yeah, the ninth is an odd one. you want to bring out dancing girls, women, but men and women for the ninth. no, you don't, it's like the tenth is you save it up for the tenth. on the other hand, we don't know it's kind of like, well, it wasn't that insignificant of a birthday, so thank you very much. >> caller: you're welcome. thanks for your help for everything. jim, my question, i am own a large position in radulovian group rdn.
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i'm in for the long haul with fannie and freddie, is it good, bad for this stock? >> it's indifferent. it's the fha remember the federal government wants every bit of the government sponsored enterprises out of the mortgage business. you actually need more homes. it's more of a housing play than to worry about the government. i would be careful both radulovian and gemworth, i have been recommending them. i don't think there is anything wrong. get some money off the table. now go to eric in florida please. >> caller: hey, kramer, a big florida gator boo-yah from florida. >> i'm picking you in the top of my brackets now no nova got beat by seton hall. what's up? >> caller: my call is about kapstone paper, i know you listed that as a problem. i'll hang up and listen to your answer. >> well, i'm not crazy about the
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craft paper business. i am crazy about international paper. i think that's the one that i care about. ip as it goes down is the one i would focus on. it's the only paper stock i am recommending. it's got a 3% yield. bye-bye bye. ukraine and china are still dominating the news flow and the market. we need a healthy group of domestic stores ready to war here. we have to get over these big, bad events. happy ninth anniversary, "mad money." happy ninth anniversary gina gildan, our executive producer. you know what, i'm going to be, i'm very proud of working with you. thank you very much stay with kramer. coming up -- profitable picture? business depends on big data. and click technologies helps companies visualize the whole picture. is this the sort of long-term trend that could rise above the recent market drama? and later, sweet or sour? over 90 million people play king
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digital's signature app candy crush every day. tasty. but when the stock hits the street later there month, will it be worth it's estimated $7.6 billion prize tag? don't miss, kramer's take. all coming up on "mad money." >> don't miss a second of "mad money," follow on twitter. #madtweets. send jim an e-mail to madmoney@cnbc.com.
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we know the cloud-based software have been on fire, what object the noun cloud-base software firms that still have the edge? take click technologies, a provider of data analytics software for businesses? here's a big data play with an intriguing premise. their analytics platform is fast and easy to use. some say it's addictive. the idea with click, you don't
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need to ask your i.t. department for help analyzing your data. instead the company is a user-driven intelligent platform, you can access data directly. click says its platform makes its much easier for people in an enterprise to collaborate and share their findings versus more traditional offers like oracle, ibm and s.a.p. the stock has been hammered since it reported in october, falling from nearly $34 down to 28 and change right now. click has rebounded so much since reporting solid results six weeks ago. it's barely up over the last 12 months. click had a big analyst meeting where they talked about the launch of the next generation of their software platform. is this a new platform, we know they are all duking it out all the time. let's check in to learn more about the process. welcome back to "mad money," sir. >> thank you. >> all right. now, you got a brand-new
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iteration. i went through your deck, i were saying, if i were a customer, maybe i would wait, don't do more business until i can get this new product. is there going to be a gap in sales? >> i don't think so. the product we have today is highly appreciated. people deliver great value out of it. they are excited to see we have something new compelling coming out. we have the next generation of the software into space. >> you don't think there will be a hiatus? >> i think there will be a small pulse. >> okay. >> we built that into our guidance this year. i don't think there will be a big strategy. >> last year, we talked about this time, it was march madness. we alluded to it. we talked about it. you somewhere interesting new clients. i want to spell them out. you also have mcafee.
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you also have waffle house. you were in louisiana looking at waffle house. what do you do for waffle house? >> it's running operation, they open up you new stories and restaurants. how do you monitor that? >> what's on the dashboard for waffle? >> i wouldn't exactly know. >> we saw the dashboard for abv for cancer tests. if i were a cloud bracket, wouldn't i be entering it in my hand held? is this better or worse than that? >> i think it could be better, we are diagnostic. it should be. a great thing is you want to same experience on your hand else as on your computer. >> right. you after that. why is the dashboard, you used the term addictive. a customer said it was addictive. what does it mean? showing interesting number, helping you make decisions? >> i think the key thing is, we don't let people answer, we let them explore your finding, you will find more than you were looking for initially. that's what makes it addictive. >> so if i work at -- let's say
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i worked at gatorade, am i looking at where gatorade is being sold and look at what flavors are being sold and then send a particular flavor to that area? >> yes, you are looking at patents, trends, what products are selling. you don't want to be out of stock. you want to be ahead of the market. >> last time we talked about trying to get the interplay between sales and social. for instance, we had ask the owner of clorox. he was able to tell when there was a new outbreak, he needed more clorox. if i have the dashboard, would i be able to tie in my twitter feed with that? >> absolutely, yeah, you would. twitter and any other media is a data source. it's a great thing. you should, of course, have that data, too, yes. >> is everyone looking to see a
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dash that i am? >> no, not necessarily. we could redesign it for your purpose or another person's purpose. >> ibm is struggling. we know sap of late, they bought business objects, ibm bought kosnos. all three of these tell me and i'm actually meeting with one of those companies next week, that their product is the best in the world. how does someone make a decision, knowing that ibm, sap, they offer soup to nuts solutions for the enterprise? >> i think the key driver is the flexible. these stack vendors, they might have great software, but they're not easy to use. the driving force is you want something that's fast. you want it to be beautiful. you want it to be enhanced whatever device you have. you want to be in control of the experience, the users. >> what do the other guys doing? >> i think they report more report-like. more static views. you are bound what somebody can do for you. you cannot make charges yourself. >> let's use some examples, here i got on the deck, i got
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mcafee, we all know how important security -- realtime security is. you have a bookings dashboard. and it looks like one those of these lines, looks like if i were getting gasoline, it's constantsly updating. is that typical of what happens? >> that's a typical dashboard if you want to track revenue or sales? what is our bookings doing and how could we put a focus on it? that's what they're doing. >> and does this tell me, fringes, how i'm doing against somebody else? is it a benchmark? >> it could be doing that. it could view monitoring yourself against your peers. >> my boss will see how i'm doing. >> it's transparency in the end. >> abv. which is a great medical company and one that we've been recommendinging. you talk about they look at the pipeline, 18 billion, record top tier. for this 18 billion annual revenue, if i had to look at a beautiful dashboard, what would it be showing me?
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>> it could show you anything -- when they monitor their sales on a day-to-day basis. when they walk into a client on their device, they have the record from the latest discussion with that client. >> you say it's virtually no learning curve? it's that easy? >> if you know your data, it's that easy. think about it that you had an ipad on your hand and you were relating to our prior discussion instead of looking at a piece of paper, you would look up a record. >> yeah, that's pretty good. okay. that's lars bjork. you can get all the information and make the decision avenue the break, i'll try to make you more money. coming up, stweet or sour? over 90 million people play king digital's signature app candy crash every day. tasty. but when the stock hits the
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street later this month, will it be worth its estimated 7.6 billion? don't miss kramer's take. [ male announcer ] meet jill. she thought she'd feel better after seeing her doctor. and she might have if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's credit and her dream of retirement. every year, millions of americans just like you learn that a little personal information in the wrong hands
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zynga as a publicly traded company? that might be your reaction to the news that king digital entertainment. the company behind this super popular candy crush, a social mobile game you can play on your phone or facebook is coming public later this month him people are excited about the deal. >> tasty. >> haven't we seem this before in won't this be another repeat of the zynga debacle? after all, when they became public in 2007, it was like king digital. it was the maker of the most popular social game out there at the time farmville and zynga has been a horrible disappointment. stock priced at 10 and plunged 5% the first day of trading. eventually, zynga rallied up to 14 and change. but that was a mistake. it dropped to the low single digits before rebounding up to $5 and change under new management. still after the rebound, the ipo has been holding zynga for all this time perhaps say because you are in a coma.
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you are sitting on a nasty 45% loss. so after the zynga experience, how is it possible people are so darn excited about the king digital entertainment ipo? what the heck? you know what, though, here's a twist. it's because the excitement is justified. that's right. you may think it's totally crazy, but hear me out on this. we don't know exactly where king will price or how high it will go. however we know it is nothing like zynga. king is much cheaper and steadier and just downright better and, of course -- >> tasty. >> -- tastier. so because i want you to try to get a bees of this thing on march 25th, let me explain why it is the king digital so much better, yep, we're doing the king versus the zyng. first let's talk about how king is different from zynga. even though they're both in the same business. when zyfga came public after
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farmville was by far the most popular game on facebook, right, everyone goes excited? oh, i like that. now king digital's game candy crush is the most popular and king is coming public. oh, we should like that that would be wrong typically? the problem zynga had, the reason it was bent, spindled, mutilated is these social games don't stay popular forever. zynga was never able to duplicate the success of farmville. you may be thinking they could be facing the problem. after all the business of social mobile games is a miss and there is a lot of competition. they got 78% of sales from one game, from candy crush last year. so wouldn't it be crazy to think this isn't a one-trick pony? by the way, just so you understand how these companies make their money, the games are free. they sell you varied ad-ons.
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people pay up. let me tell you why this story differs from zynga. where let's go back in time. where zynga was where it became public vs. where this one is now. first of all, you know this is going to sound silly but king's candy crush is in a different league from zynga's farmville. >> tasty. >> candy crush is one of t highest platform apps of all time. king had 12.2 million unique payers every month. that's unbelievable in the quarter before zynga became public they had 4.4 million. last year it increased tenfold that kind of explosive growth is admittedly not sustainable but it's impressive that the company was able to pull it off. how did they do? partly because king is successful at marketing its devices on mobile devices. you know how much we like mobile. last year before it became public, zynga only got 24% of its revenues. the rest from facebook. this is a very different
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operation. another major difference is zynga had to acquire other game developers to grow. it made 19 acquisitions before it became public. but king has this strategy to keep its own successful games in-house. which is why they only made one acquisition. king releases on its website to figure out which titles are the best. at the end of the day, though, the reason i'm able to give the ipo my blessing is because of valuation. when zynga became public, it was overvalued. it priced at five times 58 times earnings. just an exorbitant price where growth is extremely hard to model. it's all hit or miss. but king? king is looking like it will be downright cheap. on tuesday, the book runner set the preliminary terms for the deal. it is expected to be 21 to 24 per share. that's going to give it a 7.4 market cap. >> that will give it a market cap. consider this, at the mid-point, king would only be trading for 13 times earnings.
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13. that is is substantially cheaper from the average s&p stock and, trust me, king is doing a lot better than the average stock. it's cheaper than the electronics arts. it sells for 20 times earnings. i would say it's better. what if you value the stock on sales? when zynga became public, it priced five times sales. king is 5.7 times sales. it's cheaper. the numbers are better, too. king is 1.4 million daily users up from 109 million in the previous quarter. before it became public, the numbers were on the decline, we should have seen this. $54 million down from $59 million in the prior quarter. king has fast earned growth. it keeps revenues as an earnings before appreciation king has a terrific balance sheet. no debt at the end of last year.
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it's much better than the zynga of today, a company whose numbers have come down dramatically over the last couple years. here's the bottom line. yes, the markets have learned its lesson. that's why the king digital entertainment ipo is being valued so cheaply. because people are suspicious. i like being critical. but this one, this king is a much stronger company than the pre-ipo zynga. as long as it isn't atop the 24 then i think, well, it will be -- >> tasty. >> -- tasty and you should get in on the deal. let's go to nick in ohio. please, nick. >> yes, boo-yah, mr. kramer. >> boo-yah, nick. >> caller: congratulations on your nine years of great advice. >> oh, thank you very much. it's a nice anniversary. i appreciate it. how can i help? >> caller: all right. this is my -- i'm a first-time caller from canton, ohio. >> okay. >> caller: and after being inspired by your knowledge in
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stocks, i told all six of my grand kids to watch you and get involved. >> thank you, sir. thank you. >> reporter: on groupon, grpn, should i buy, hold or sell? >> as soon as i heard canton, i'm thinking let's hope it's a hall of fame kind of stock idea. and groupon isn't. it's no hofer. it can go to eight or ten, i would never enshrine it in a long-term portfolio. i thank you for the great comments. i speak to, frank, in my number one player and number one bracket, florida. frank. >> caller: yes, jim, thank you very much for all your hard work. i want you to know i'm very grateful for your new book. i read it. i want your opinion on sales force. >> then you know if you read the book, which by the way i'm signing at costco in east new hanover tomorrow from 12:00 to
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2:00, then you know i think the world of sales force. sales force of late has been crushed. this stock was at 67 when it reported. it's now down to 58. i scrubbed that quarter clean. i can tell you it's a great quarter. but this cohort of high valuation tech has been destroyed here by china an russia versus ukraine. i think sales force is a buy. thank you for buying my book and to the previous gentleman, thank you for wishing us happy ninth anniversary and telling your grandkids to watch us. one day, the great grandkids will be watching us. in the internet game, let me tell you, in this be king is king. i say give him the ground, cheaper, steadier, yes, tastier than the zynga! stay with kramer. and, kick off the trading day with "squawk on the street." life from post 9 at the nyse.
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>> you know, they know more about me than i know about me. >> it all starts at 9:00 a.m. eastern.
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it is time for the lightning round! everyone thought it would be impossible for nine years now. happy anniversary, "mad money." this is my favorite because we get to talk to so many of you. that's what i want, interconnectivity. and we kept it up for nine years. this is where i take your calls, the rapid fire. i tell you to buy, buy, buy, or sell, sell, sell. my staff who is unbelievable prepares our graphics on the fly. plan to hear this sound then the lightning round is over. are you ready, ski daddy for the beginning of nine years of "mad money's" lightning round, mike, mike, mike, mike in new york. mike! >> caller: hey, jim, thank you very much for giving me that alu tip a year ago. i doubled my money, thank you. what is your prognosis on alu? >> i still like alu. some worries about europe, i
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want to -- buy, buy, buy. i want to go to ellen in new jersey, hello. >> caller: hello. >> hi, helen, how are you? >> caller: hi, how are you mr. kramer. i want to ask about these isis stock. >> i think it's terrific. this group is under pressure. once again, these high mobile stocks go down some crazy stuff, and then they bounce back fast. i think this will. i think there are many other biotech stocks hit on unfairly. hal in south carolina. >> caller: jim, you do a super good job. thank you for your advice. >> thank you. >> caller: i want to ask you about pba. which is the pipeline. it's paying 4% dividends. buy, sell or hold? >> is this is like access mid-stream partners. they are very steady. they grow. i can't count on selling it. go to giovani in new mexico.
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>> caller: yes. >> go ahead. >> caller: yes, how are you doing, jim? i'm giovanni from albuquerque. i was look into biib. >> biogen, i think it should still be bought. i think it's going higher. can i go to chris in texas? chris? >> caller: boo-yah, big jim, this is chris in odessa, texas. >> odessa, two twines one of my faves, what's up? >> caller: you hit it on the head yesterday with your recommendation after a high involvement here, can't get it down. it's coming out of the ground. >> so true. >> caller: my question is, i will take a hard look at your refinery thing. my question is in ffiv.
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does it still have legs? >> yes. ffiv. these $100 stocks, this company may by a morning the best when it comes to the new rollout and next generation telco. i think you got a winner. brad in kansas. brad. >> caller: hail the almighty kramleer. >> would you, kind like caesar. what's up? >> caller: hey, kramer, a big shout out to you and your staff. i know it's a big day for you guys. >> yes. >> caller: my stock, i have watching it, watch itting, it's loving it in the long run is g.e. >> we feel the same way, my travel trust, we feel you got to own it, it's paying a good dividend. it's restructuring. they announced the ipo. i don't understand why it's down 26, 27. i think people perceive it is a china problem. i see no china problem. i think it's a great long-term hold. that, ladies and gentlemen, is the conclusion of the lightning round!
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look at me. i am the captain now. [ bleep ]. >> okay. tell me when. >> three, two, one -- >> this is -- no! >> get this. >> i know. okay, got it. ♪ okay, how are you? >> yes! ♪ >> now, kyle, my stage manager wants to fish off the platform. i told him that may not be practical. >> where's the hotel? where's the fancy hotel? >> that's it right there, the
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red and the blue. we're a little bit away from the fancy hotels at park avenue. >> my producer is a vegetarian, that will be a problem? >> that's why she's so skinny. n] meet jill. she thought she'd feel better after seeing her doctor. and she might have if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's credit and her dream of retirement. every year, millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft. and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. if jill had lifelock's protection, she may have been notified before it was too late.
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lifelock's credit notification service is on the job 24/7. as soon as they detect a threat to your identity within their network, they will alert you, protecting you before the damage is done. and lifelock offers the proactive protection of checking and savings account takeover alerts. lifelock's comprehensive identity theft protection guards your social security number, your money, your credit, even the equity in your home. it doesn't matter how old you are or how much money you have. identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. [ male announcer ] while identity theft can't be completely stopped, no one protects you better than lifelock. and lifelock stands behind their protection with the power of their $1 million service guarantee. you have so much to protect and nothing to lose when you call lifelock right now and try 60 days of identity theft protection risk free. 60 days risk free. use promo code onguard. order now and get this document shredder
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to keep sensitive documents out of the wrong hands. a $29 value free. ♪ ♪
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we're celebrating our ninth anniversary today, ninth. the show has come a long way in nine years. for one, amazing. i have actually gotten younger. for one thing, there is always remained the same, that is my constantly reminding you to stay diversified, to keep yourself protected through thick and thin. we have surely seen plenty of good and bad times through the nine years. so let's play a special ninth anniversary edition of am i diversified? this is where you call me, you tell me your top five hold, and
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i tell if you your portfolio is diversified enough. maybe we need to mix it up a little. why don't we start with a tweet. am i diversified? salesforce.com, twitter, disney, verizon and starbucks. #socialis cloud mobile. you may not like me doing this. i think that these two tech companies are trading together. maybe they shouldn't. i'm going to say keep sales force and get rid of twitter. this is a portfolio that so badly needs business tofl s br only scream it. starbucks is obviously drink. restaurant telco, entertainment, bristol-myers will give us the diversification we need. fazi in colorado. >> reporter: hey, jimbo. i want to know if i'm diversified. >> are you a bear? >> caller: therapeutics.
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yahoo novelty corps and general motors. >> holy cow. you're go for the gusto there with that one. molly corps, i'm not going for at all. you got mineral. dang dang, you don't want anything chinese e-commerce, whatever. accept for biden. yahoo, the ali babba deal. let's call it an internet company. gm, my travel trust owns it. one of the worst hits my travel trust has taken. it's just bad luck. and bio-tech, auto, china, minerals, internet. we will get right rid of dang dang and molly corps. we have payne teherapeutics. why don't we put in united technologies? i thought it acted very well, this week or boeing. you can put in either one. for dang dang, why don't we put in, you know, i'm feeling conservative here. i would like to put in dominion, letter d. then i would feel much better stick with that. that's it? all right.
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"mad money" is back after the break.
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what is a bankable ceo and why does it matter? i introduce the concept of the bankable chief executive and get rich carefully. i want to show you how a strong ceo can pile a company higher even through adversity. like football coaches that don't get down after a couple losses, they bounce right back with a new game plan. they put together teams that are winners. they triumphed through adversedy before, they'll triumph again. for get rich carefully, i will be signing tomorrow from noon until 2:00 i picked 21 bankable ceos. that's why i hope i can size up a man or woman at the top and make a judgment. it's a business the trials and
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tribulations that occurred for any modern day corporation. one of my favorite names on that list is jim mcnerney, the chairman and ceo of boeing. because he's been able to handle some of the toughest reversals through his tenure here playmaker turning harsh events that a lesser ceo might bucked under into opportunities for you to -- buy, buy, buy, versus what you would normally get in the normal course of business. i bring all this up because i think right now is one of those moments. boeing stock, despite it's nice rally has been under assault in three different news stories. it is down from its high. the first is there's a glut in the boeing. the second is a report of cracks in the wings, of still to be delivered dream liners. third is the problems related to the malaysia airlines boeing 777 that mysteriously disappeared last saturday. let's go through these one by one. first, i highly doubt there is a
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real inventory glut given what last happened on the show, he told me it is many years long. why? because the plane reduces fuel consumption dramatically. as for the second story, we overly focus on anything involving problems solvable or otherwise when it comes to dreamliner. even as those cracks have been found as planes left the factory. i am sure that they will be dealt in the same facts the other issues that have popped up. in other words, it's solvable. as he said about earlier dream liner glitches when le came on "mad money," the response of people of our company is to roll up their sleeves and go to work to solve the problem. it was not of boeing, it was mitsubishi who being outsourced the job to. i doubt it will take all that long to fix. finally the malaysian issue 100% speculation. it has to do with the question of one of the safest planes ever built. he says to keep the distractions away from the people doing the real work in the company, he's not going to let these distractions derail his 20-year opportunity plan for this great
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american company as aircraft demand is one of the most fabulous long-term themes over this market. that means this week boeing is creating exactly perfectly the kind of opportunity i suggested in get rich carefully that will come up from time to time and with the bankable mcnerney at the helm, i think you should be buying not selling this stock as it gets dragged down by problems is i think will turn up to be fleeting even when they seem endless when you are in the midst of the battle. stay with kramer. when money talks, it comes to kramer first. >> why are you so bullish on our country? >> we just see the huge potential in the united states. >> we are in control of our destiny, we need to get after it. >> in our industry, you're either riding that curve or not. >> we're going to be the winner. >> watch "mad money" and be the first to know. [ male announcer ] meet jill.
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she thought she'd feel better after seeing her doctor. and she might have if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's credit and her dream of retirement. every year, millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life.
4:58 am
this is identity theft. and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. if jill had lifelock's protection, she may have been notified before it was too late. lifelock's credit notification service is on the job 24/7. as soon as they detect a threat to your identity within their network, they will alert you, protecting you before the damage is done. and lifelock offers the proactive protection of checking and savings account takeover alerts. lifelock's comprehensive identity theft protection guards your social security number, your money, your credit, even the equity in your home. it doesn't matter how old you are or how much money you have. identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. [ male announcer ] while identity theft can't be completely stopped, no one protects you better than lifelock. and lifelock stands behind their protection with the power
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of their $1 million service guarantee. you have so much to protect and nothing to lose when you call lifelock right now and try 60 days of identity theft protection risk free. 60 days risk free. use promo code onguard. order now and get this document shredder to keep sensitive documents out of the wrong hands. a $29 value free. ♪ ♪ all right, a tough week. you know what, we have been through a ton of it. we'll get through this one again. happy ninth anniversary to you, cramerica. the smartest and best audience
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in television by far. thank you to all the people behind the scenes who give their all every day to help me fight for you. i always like to say, there is a bull market somewhere. i promise to find it just for you. right here, on "mad money." thank you for nine great years, cramerica. here's to many more. i'm jim cramer, i'm see you again. about your money as i start my 13th year on this show. also... this is not your fault, tal. this is not necessarily just marlene's fault. this is the two of you spending so far beyond your means it's not even funny. and you ask me, "can i afford it?" >> we want a big celebration with our family and friends, and the cost is $20,000. >> you have more, girlfriend, in your wedding account than you do in an emergency account. hi, everybody.

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