tv Mad Money CNBC September 10, 2014 6:00pm-7:01pm EDT
6:00 pm
entire. don't focus on the "g" or "l." >> guy. >> i appreciate the folks voting for me. >> you're so happy. >> mcdonald's, dan nathan top of the show talked about it. bad news, good price my mission is simple to make kbloun. i'm here tloefl 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. >> hi i'm cramer. welcome to "mad money" welcome to crameria. my job is not just to entertain you but teach you and educate you. call me at 1-800-743-cnbc or tweet me @jimcramer. >> unmet needs.
6:01 pm
sometimes the stock goes higher because the company it represents is solving unmet needs. that's what got me going today as s&p advanced pts 3% and nasdaq .75%. really hang in there despite this threat of higher interest rates. let's give credit where credit is due. he put this idea in my head last week when i interviewed him at the ugg australia store on madison avenue. he explained to me his whole career has been about inventing new products that address unmet needs. he invented the first aerobic shoe at reebok. he invented a casual dress shoe, ro rockports and sneakers that help people with knee damage return to running after years of overwhelming pain if we attempted it and he's come up with a shoe specifically designed for the active yoga
6:02 pm
enthusiast. a group probably growing faster than any other athletic cohort at the moment. decker has been on fire. another 52 week high today. which brings me to a host of other companies solving unmet needs beginning with, yes, of course t company everyone is talking about apple, yesterday apple unveiled two products i think address unmet needs head on. new iphone and the apple watch. first i don't know about you but i can't believe i haven't been able to use my phone to pay for everything. it's secure, it's handy. i don't have to dig out my wallet. i don't have to type in my pin number. i don't like to give people my credit card because i don't know what they're going to do with it. i left my credit card at stores countless times for getting it or being a victim of a sales person or waiter that didn't bring it back to me in time. i lost my credit card overseas and it wrecked my vacation but i
6:03 pm
never thought one company could make it happen because i accepted the possibility that any entity could get a coalition of conceivably unwilling forces, stores, restaurants, e-commerce companies as well as mastercard and visa. who would be that powerful. who could corral all the different constituentcies and keep it a secret. how about itunes or got the wireless carriers to subsidize it's only products. how about an the company that doesn't pay its developers anything for the software. how about the company that has your credit card and mine and hundreds of other people on file. how about apple. it's a giant unmet need. it's now being met. you know, unfortunately you get older you to go to the doctor a lot. i go to the doctor a lot. it just happens. they always take your vitals and
6:04 pm
make you come in and give them the data you always gave them. they always make you fill out form after form. same stuff each time and then they take the same readings as the other doctors you saw. they urge you to exercise more and eat a healthy diet. what is a good diet? one that helps your heart rate? how much exercise are you get something i didn't a device that can tell me how i'm doing without having to go to the doctor. especially in the new healthcare world where deductibles can be as high as $5,000. i want to be able to take care of myself and i want the data right at my fingertips or at least my wrist. i have a flashing light in my car that says maintenance required. i want to light that for my body and i want that to be downloadable to my doctor's office without the paperwork and time suck. is that too much to ask? maybe the health care industry will do it for me. maybe the government. maybe a medical device company?
6:05 pm
no, no apple did it with their new watch and when people start writing apps for it i bet i can get all the custom information pushed to me on my watch and then right to the doctor's office which is a lot better than in my phone because have to tell you something when i'm using my phone a lot of times it looks rude when i take it out of my pocket. i live in a house where pulling out your phone to get information is still considered impolite. you're talking. you're not playing on your phone. i don't think i'm alone in that. particularly if you're a parent. checking scores, checking fantasy points, heck, checking the espn insider with 3 million followers that can turn in my fantasy line-up, maybe yours, probably not is taboo when i'm out to dinner. but turning my watch to my face, oh, you could sneak away and get that pretty easy. right now my fancy one, do you know what it does? it tells me the time. the time, i mean talk about
6:06 pm
unhelpful. talk about what i already know. i want to know stuff that's on my phone that i can't look at. i want to see who's calling before i take it out of my pocket. talk about an unmet need. apple met it and met it big time. i want a watch that can tell me more than time. it's totally legitimate to wear it at all times. i want an apple watch because it could keep me alive and even better it lets me get away with finding out a lot of critical information like football scores without getting in trouble by loved ones. that's a win. it's a w. all right, now apple's not the only company solving unmet needs. the kids i know love to show and tell what they're up to so they get gopros and film themselves doing anything and then make movies and share them. people like that. i think everyone except soccer players wants to show us what they look like in action with the gopros in their head. it's not just surfer dudes
6:07 pm
anymore. it met an unmet need. anyone that's ever paid the prices you shell out for any damage to your car and it is astronomical knows there's a serious unmet need to avoid collisions. mobile eye has the best technology out there for collision avoidance. unmet need solved. then there's twitter. we always wanted instant news and analysis of what we carried about that we can look up quickly. not what the journalist told me we needed to know or care about. twitter solves that need. if you were like me when you're growing up you knew everything there was to know about people, places, and things that begin with the letters a and b. that's because the supermarket sold encyclopedias back there and gave customers a special deal on the first two letters of the alphabet. that was also the extent of our knowledge. google solved that for everyone. now i can find out about anything people, places and things that also begin with the
6:08 pm
letter c through z too. of course bio tech is the most obvious place to find solutions to unmet needs. gilead invented a cure for hepatitis c. regeneron has been terrific because there's a need to get cholesterol levels down to safe levels but not just bio tech. hanes and white wave foods met it. green mountain meets the need of coffee drinkers that don't have the time or inclination to boil a pot every morning. in each case the demand was there. we just didn't have a product to meet it. with apple sometimes we didn't even realize we needed something but they came along and not only pointed out the need we din know about ourselves, they saw the forest too. one last thing, maybe others released similar cool devices but i never heard about them. you see, i'm one of the tens of millions of people who either
6:09 pm
watch part of the apple presentation live or read one of the gazillion articles about it. how much did all that publicity more than any other ten competitors could get, how much did that cost? nothing. it's apple. the bottom line, who else can meet an unmet need and get that kind of spublicity? nobody but apple. the company i tell you every night not to trade just to own. let's go to larry in massachusetts, larry. >> caller: jim, how are you tonight? >> what's up? >> caller: ads was a compelling story for you after they announced they were going to hire 1,000 new workers to keep up with demand. when kroger announced the 20,000 worker hiring plan they continued to store but after ads announced the new partnership
6:10 pm
with stores stock was slammed yesterday but the launch of a game stop branded private label credit card program for their credit card program seems exciting. do you agree that apple pay is no threat? >> wow, what a great question. it is kind of like dorney park when it's closed alliance data. have to look into why it hasn't moved yet. you know i do like the stock but it's not moving on any of the good news. i don't think apple is influential at all for them but we have to find out. you're right i just looked at the stock. that's exactly where we left it. omg. i'm doing some work. jay in washington. jay. >> caller: booyah jim. i'm calling you today about g.t. advanced technology. jim i'm in a confused house of pain down 30% but today in the street there was an article that showed the chart of g.t.
6:11 pm
crossing the head and shoulders crossing the neckline and also below it's 200 day moving average but china's tech company last week became the first to announce the use of sapphire screens as well as is jp morgan accepting the adoption of sapphire face plates for smartphones to rise next year. what do you think? >> i don't want to give up. i was watching yesterday on squawk box and he was telling you sapphire doesn't cut it. they're going to stick with gorilla glass and i was thinking that is going to crush gtat. that's the way this business works. we'll take a look at it then. but it's still for sale from what i can tell if it goes lower. all right it's all about solving unmet needs people and apple has a way of solving unmet needs that we didn't even know we had. whether it's hollywood's elite
6:12 pm
or your purchases at the country's largest home improvement player the battle for cyber security is taking center stage. i'm unveiling the companies on the front lines. then i talk with one that surged 10% today. they're trying to make the enterprise more secure. find out if they can continue to lock down profit. but first oil has been on a real decline. there's one play in the space that may be worth buying right now, tomorrow morning. i'm going to reveal it. stick with cramer. >> don't miss a second of "mad money." follow @jim cramer on twitter. have a question, tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com.
6:14 pm
take and... exhale.in... aflac! and a gentle wavelike motion... aahhh- ahhhhhh. liberate your spine, ahhh-ahhhhhh aflac! and reach, toes blossoming... not that great at yoga. yeah, but when i slipped a disk he paid my claim in just four days. ahh! four days? yep. find out how fast aflac can pay you, at aflac.com.
6:15 pm
6:16 pm
that's how i would have responded to a twitter follower when he asked me why eog goes down every day. you have to know what drives stocks. sometimes this racquet rarely but does make sense. eog is an oil stock. it makes money by pumping oil out of the ground and selling it. so when the price of oil goes down as it's been doing pretty consistently as of late then eog's stock goes down because it's an oil company. the other day kmn else asked me why are the banks rallying despite being hit with new surcharges despite bank beings too big to fail. doesn't their crimp their earnings the man asked me? hey, made some sense. yes it might if the bank you own is under capitalized meaning it
6:17 pm
can't meet the feds new standards. in truth is the bank stocks go up or down depending on interest rates. that's the key metric. if banks go higher they make more money. if they go down, they make less. right now rates have been rising of late so investors are concluding that when the banks report next month their stocks will rally on better than expected earnings so why not do buying ahead of that. that's why the banks are going higher. i know that for some of you this may actually seem counter intuitive. isn't eog growing it's reserves? isn't apache becoming bigger in the u.s.? these days the market is dominated by exchange traded funds. in other words an etf that owns the oil stocks can push the whole group down even if some are doing better than others. all oil stocks are linked with
6:18 pm
the price of oil through the etfs which don't discriminate between a company like exxon and a company like eog that's finding new oil like mad. so it just doesn't matter when oil prices fall the oil stocks fall too. joined at the etf hip, simple. a better question might be what's behind the decline in oil when russia could be on the verge of holding exports or kicking out foreign oil companies when nigeria facing the possibility of an ebola epidemic and when iraq is one battle away from losing it's oil production. how can the price of crude be going down. now an amazing 15% from its june high. there's two reasons. first traders believe when the dollar gets stronger oil gets cheaper. -no long-term linkage between the dollar which has been abnormally strong and oil as my friend and colleague at the street.com can tell you. he's researched it better than anyone. but right now traders send oil
6:19 pm
down any time the dollar goes higher. since it's had the move up against the euro that's triggered a lot of oil selling. we know the u.s. is producing more oil than it used to and that's keeping supply above where it would otherwise be but the world while turmoil makes it a good investment and not a bad one. start buying the oil stocks. one doing well but gives you dividends for the down side. that's the ceo i spoke to last week where things are going fabulo fabulously. i say you buy some expecting that oil could drop but if it turns it will turn wildly and aggressively. royal dutch won't fly as high as the spring that is eog you'll do quite well and in the meantime you're being paid to wait and are some what insulate from a big decline with an almost 5% yield. what can i say? how about better than a sharp
6:20 pm
stick in the eye? karen in new york, karen? >> hi, how are you? >> i'm fine karen. how are you? >> good. i wanted to know what you thought of first energy. >> well, i'll tell you, you hate to just be so blunt about it but i regard first energy as a second rate utility and i like best of breed utilities. that's why i always send people to aep or to dominion. those are the two best run. those are the ones i want you in. coned a third player that's very close. sure sometimes things play out counterintuitively but oil is a good place to be. royal dutch shell to be specific. from celebrity personal photos to the target breach. hackers aren't waving the white flag when it comes to your sensitive information. and one of the top cyber warriors in the game is going to join with me to discuss the stocks amazing 70% march higher
6:21 pm
6:23 pm
and i get a lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards, even cash back. and my rewards points won't expire. so you can make owning a business even more rewarding. ink from chase. so you can.
6:24 pm
you don't need me to tell you that cyber security, the need to protect our data is now a powerful bullish theme. first we had the big data breach at target ten months ago when 40 million people had their credit card information stolen and then recently home depot was cracked a couple of weeks ago and then of course there was the extremely ungentlemenly icloud breach where the hacker got his greasy hands on a bunch of naked photos of celebrities. >> and these are just the ones you hear about. as more about people and companies move their data into the cloud it's going to be obvious that the need for serious cyber security protections is getting more important by the day. last year the global security technology and services market was worth $67 billion. but 2016 it should be worth 86
6:25 pm
billion although that may turn out to be conservative. as i said this morning cyber security is a business rapidly becoming a huge business with leaders reaping rewards. with that in mind tonight i want to revisit my favorite cyber security names. i know you love these at jim cramer on twitter so you know how to play this powerful long-term trend that's frankly accelerating and not decelerati decelerating. my favorite cyber security company easy it's panw. the next generation network security provider. they may have the best technology in the business. palo alto has been around for 8 years but they've always been a pioneer. they were the first to market with a concept of a next generation firewall which combined the additional firewall with functionality and an intrusion pro prevention system. in other words going with
6:26 pm
palo alto simplifies your network security infrastructure rather than needing to go by various different products from multiple vendors. let's consider it a one stop shop. that's why this company is growing by leaps an bounds and has a accelerated growth. now palo alto reported a total blowout quarter last night which is why the stock rallied $9.47 or 10.27% today so on the verge of my $100 price target the people laughed at me about when i made it 40 points ago and we're going to come back to this one later in the show when we talk to the company's ceo. for now let me just say there's a reason the stock made a brand new all time high today. palo alto's product versus a major technological edge over the system. they build a better mouse trap here. most reduce the speed and efficiency of a network and when
6:27 pm
you use the firewall appliance you see much less performance degre dags than you get from any of the company's rivals. plus two months ago the company settled -- i have to sneeze. trying to hold it back. colossal lawsuit with juniper giving them a one time pay out worth $175 million which removed an overhang. we had the ceo and when it happened everybody breathed a ss sigh of relief. more on that later. even with the stock up 71% year to date, you know what, i think there could be more upside here although given today's massive run maybe you want to let it give up a couple of points. there's no reason why you have to get in after stock's up nine but a broader market wide pull back. beyond palo alto who else do we like? my second favorite player here, stock more cheaper on earnings
6:28 pm
basis. there's fortinet ftnt. they're in the unified threat management business which is the largest growing segment of the market. it's a comprehensive integrated suite of services that provide unmatched detection allowing the clients to protect and eliminate threats without totally locking down their systems. it's one of the few security vendors capable of defending against advanced persistent threats. you always read the apt throughout all the texts of these because they have a big technological edge. they have been a major player serving small medium sized businesses. that's a big deal because large enterprises have lots of money to spend on network security. part of this is because the company has been spending more and more on sales and marking since last year and part of it is because they launch a new high end firewall platform a year ago. winning these contracts allowed
6:29 pm
the billings growth to accelerate in each of the last six quarters. billings up 33% year over year in the latest quarter and the best number in over three years and enterprise is up over a staggering 95%. this doesn't get talked about enough. even though fortinet is growing rapidly it's not as rapid as the palo alto network growth. but fortinet has been on a role and the company's estimates have to be raised down the road. i could easily see this $26 and change stock breaking out above $30. it's missed some quarters now and then that's why it's been a bumpy ride. no next up there's the one you seem to want me to recommend every day of the week. it's called fire eye. yes that fire eye. the company came public at $20 and surged up to $97 over the next six months but then well i'd say once the lockup period ended and the company started
6:30 pm
doing massive secondary offerings the stock plummeted down the next coup period of months. lately they have been bouncing back. it's up to $35 as of today and perhaps this stock can finally be considered on the merritt bausz in reality the company is a leading player in mal ware protection and stopping cyberattacks including the attacks earlier. despite the hideous performance they have a broad portfolio of network security bruktproducts the fact is the company is growing like a weed. in the last two quarters the revenues increased by 184%. meanwhile it's growing by more than 100% for the last four quarters and the latest quarter reported a month ago was strong. in line with the peer group. so it's a little risky judging by what happened since the spring. it's not yet profitable and i only recommend it for
6:31 pm
speculation but if you feel like speculating it's definitely worth thinking about. last but not least there's semantic, a confusing company. world's largest independent provider of security products. it trades at just 12 times next years earnings estimates. they lagged the industry for years but it fired it's ceo and is trying to turn around it's business. if the turn works the stock can go much higher and i won't be surprised if it worked because they have a driven balance sheet important for turn around overflowing with cash and i think the stock could jump on the news of a good replacement ceo. right now they have an interim guy running the company or a possible acquisition or spin off. just a lot of ways to unlock value here. this is the company that got the call from home depot to investigate it's gigantic breach. the bottom line cyber security is becoming a major business and
6:32 pm
it's only going to get bigger from here which is why i like -- write them down. these are the ones i'm going to keep referring to palo alto and a deep value turn around. marc in new york, marc. >> hey, jim. i'm a shareholder of akamai technologies. it's an inkredsabcredible growt company and i'd like to know your opinion on the company. >> they're the best at what they do and they're an incredible growth company. >> marc has done his homework and he has done it right. i couldn't agree more. i like akamia very close here. bill in tennessee where i took jake locker today for my fantasy league. >> thanks for taking the call. i'm wanting to know what your thoughts are on infoblox.
6:33 pm
>> a couple of quarters missed. i think you're playing with fire with infoblox. it's way too hard for this guy. wow, okay. we have a lot to talk about with the cyber security situation. it's back. it's bigger than ever and it won't stop any time soon. i like palo alto. fireeye for speculation. symantic for turn around play. all good. much more "mad money" ahead. some of the biggest corporations are about to accept apple pay. i'll get his take. that stock soaring over 10% today. are you prepared for a pull back? and fast fire calls while they're all ahead on the lightning round. stick with cramer.
6:34 pm
we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not, you may know it only covers about 80% of your part b medical expenses. it's up to you to pay the difference. so think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company.
6:35 pm
like all standardized medicare supplement insurance plans, they help cover some of what medicare doesn't pay and could really save you in out-of-pocket medical costs. call now. with a medicare supplement plan, you'll be able to stay with your doctor. oh, you know, i love that guy. mm-hmm. [ male announcer ] these types of plans let you visit any doctor or hospital that accepts medicare patients. and there are no networks. you do your push-ups today? prepare to be amazed. [ male announcer ] don't wait. call today to request your free decision guide and find the aarp medicare supplement plan to go the distance with you. having a perfectly nice day, when out of nowhere a pick-up truck slams into your brand new car. one second it wasn't there and the next second... boom! you've had your first accident. now you have to make your first claim. so you talk to your insurance company and... boom! you're blindsided for a second time. they won't give you enough money to replace your brand new car. don't those people know you're already shaken up? liberty mutual's new car replacement will pay for the entire value of your car plus depreciation.
6:36 pm
call and for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch to liberty mutual insurance and you could save up to $423 dollars. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. like i said earlier the cyber security business is growing to a huge market and with so much data moving into the cloud companies need more protection than ever this could make a lot of money going forward and the best player by far is palo alto networks.
6:37 pm
the company that pioneered the next generation firewall and has a technological edge over it's competitors. palo alto reported it was staggeringly good. plus 60% growth. i've been recommending panw since before it became public a little more than two years ago at $42 a share and it closed today at $98.75 meaning you got a 30% gain and the stock is up 34% since we spoke to the ceo in early june. i don't like to chase a stock rallied at $9.47 in a single session like palo did today in the wake of its terrific quarter i do think the longer term upside here could be phenomenal. don't take it from me. let's check in with mark. he's the chairman, president and ceo of palo alto networks. welcome back to mad money. >> thank you for having me jim. always a pleasure to be here. >> market that's growing for many, mid single digits how did
6:38 pm
palo alto networks get accelerating revenue growth. one of the few companies that had it. >> it's primarily about the technology jim. what the market needs today is the ability not only to detect bad things but to prevent them and we invented an enterprise platform do that that covers the network and cloud and end points as well. that's resinated the last kouchl years where we have grown from 7 to 8 times faster than the market and it did in the 4th quarter. >> you talked time and again about the notion that you're taking other vendors away from customers. you mentioned with this quarter a large u.s. retailer. you replaced cisco. you replaced juniper. why are you winning this business from these very good companies? >> it's because we're doing something fundamentally and disruptively different and customers are realizing more and more and in droves in our cases that the traditional way of doing things just doesn't work
6:39 pm
and it's not being tolerated by customers in the face of the security breaches and reputational issues that occurs as a result of that and lack of revenue for those companies and when they get a chance to have palo alto explain how the platform works and detection and preen vengs capability and we can prove it with 19,000 customers and well more than 1,000 for two years in a row we have a lot of referenceability in that regard. >> you've never made a false claim. you never said we could have stopped the target breach but we recently had a cloud breach where we saw pictures of jennifer lawrence, kate upton. is that the type of thing where you went to your guys and said can we stop this? or did you say, wow, you know what, that was something that we stopped at other places? >> a lot are different in nature so you have to dissect the
6:40 pm
attack and a lot of the ones we heard about is where they went after an individual and they can get out to their own passwords of administrative account and get into those accounts as opposed to the enterprise provider hosting those things. our business is around the enterprise side and in those cases we're confident that we can detect all known attacks and we think we can detect and turn them into known attacks in a fast turn around. in the last quarter we announced our ability to get something unknown and turn it into a known attack went from 28 minutes on average to 15 last quarter and we're going to continue to press that time because that's the nature of the preventive capabilities. >> but you told me time and again the banks aren't up to date. the only hacks we know about are the dumb stupid ones. there's others going on right now with people that may not be using palo alto. >> occasionally we hear about the sophisticated ones. a very good attacker comes and
6:41 pm
you never know. we're seeing more and more of the highly sophisticated attacks today in the large enterprises, that's why there's so much attention on these things and aside from that from a consumer perspective there's a lot of cyber theft going on every day there under the radar and it's a very big business. >> do you think that the federal government is prepared? i know that's been a great client for you. >> i think everybody has more to do. it's all enterprises, all governments. the encouraging thing is the addition being paid to this is going up dramatically. awhile ago you saw nato discussing the cyberattack on one nato country is an attack on all countries. so i think those discussions and attention are very helpful to stop these things in the future and try to stop them as best we can in the future and it helps from an environment to selling in the commercial sector when there's that much attention on it and people are looking for the technology that can help and we think we have that. >> congratulations on an
6:42 pm
6:45 pm
it is time. it's time for the lightning round. play the sound and then the lightning round is over. are you ready? time for the lightning round. let's start with brian in new york. brian. >> caller: hey jim looks like your eagles will be playing nfc east this year. >> only if we play the second half. not the first. what's going on? >> caller: i'm a giant's fan. but i'm 25 years old i go to college for finance. i opened a roth ira. the other half of my position at
6:46 pm
67. i'm willing to hold it long-term. >> yes. i know that program is very solid and very strong. here's the problem. every time oil goes down this is going to go down but it is a fine company i want you to buy more when the stock hits between 62 and 63. that can make it so it's perfect. let's go to delaney in michigan. delaney you're up. >> caller: yeah i got a question about flextronics. >> it's cheap, the buy back is good. i like to say -- >> buy buy buy. >> anthony in new york. anthony. >> caller: booyah. i'm interested in seattle genetics. >> i think it's great. it's been one trick pony i'm not buying that. we sat down and we heard many good things at seattle. i think these are two of my
6:47 pm
favorites. olivia in michigan. >> caller: hi jim, booyah to ya. >> booyah to you. >> caller: my mom has a stock for you. >> angie's list. we're wondering if it's a good buy. >> let me do more on angies. i want to do a segment on it. a lot of people have been asking about this and i don't know the answer but i'm going to find it. let's go to ezra in florida. >> caller: xerox is reaching it's five year high. what do you think? >> i think they're doing well. i think it's a value willed bid. that stock is working and i like it. dave in arkansas, dave. >> caller: jim, thanks for taking my call. i appreciate what you do for our small investors.
6:48 pm
>> thank you man, that's the job. >> caller: i've got one i owned for a long, long time and when it pulls back i try to buy more. cisco foods. what do you think? >> i like it. i think consolidation. i think they're incredibly run. it's a great stock and i would buy more. 36 or 37. let's go to santa in new york. >> caller: booyah cramerica. >> i love it. >> caller: those are my kids. thanks for teaching us. i just have a question about kite pharmacy. >> two i can't comment on. i do not know kite pharma. i don't know the answer to kite. i've got to do work. we'll do a homework segment later this week. that ladies and gentlemen is the conclusion of the lightning round. >> the lightning round is
6:49 pm
sponsored by td ameritrade. five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. with the mobile trader app. wait, wait, wait, it's wait, wait, wait...whoa, does she have special powers when she has the shroud? no. guys? it's the woven one the woven one. oh, oh that gives her invincibility. guys? no, no, no... the scarlet king is lord victor's son!! no don't. i told you! you guys are gonna be so surprised when you watch the finale!!! you're so lucky your car has wi-fi. yeah...i am. equinox from chevrolet... the first and only car company to bring built-in 4g lte wi-fi to cars, trucks and crossovers. having a perfectly nice day, when out of nowhere a pick-up truck
6:50 pm
slams into your brand new car. one second it wasn't there and the next second... boom! you've had your first accident. now you have to make your first claim. so you talk to your insurance company and... boom! you're blindsided for a second time. they won't give you enough money to replace your brand new car. don't those people know you're already shaken up? liberty mutual's new car replacement will pay for the entire value of your car plus depreciation. call and for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch to liberty mutual insurance and you could save up to $423 dollars. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance.
6:51 pm
6:52 pm
that's to be diversified. end of story. let's start with benjamin in indiana. what's up. >> caller: hey, how you doing jim. booyah from the hoosier state. >> i'm loving that except for the eagles play the colts next week. very worrisome. >> caller: yes that's true. i want to see if i'm diversified jim. have one of my stocks is bristol myers. duke energy duk. gilead, gild. gm, general motors and last one is mcd mcdonald's. >> mcdonald's i said people would love that dividend and it bounced today but you got a food company restaurant. an auto company that's been lagging there but i still think it's okay. you have a utility and then we have a primary and gilead. they're both drug companies.
6:53 pm
we have to make a change. we have to sell one of these and get into another. i like that oil has been coming down. how about we buy some royal dutch 4.7% yield. make that change. sell bristol myers because i want to keep to gilead. jeff in michigan. >> caller: booyah jim. >> special booyah to you. >> caller: my picks today are google, ups, exxon, and bank of ameri america. >> all right. i like the names. ups which i have frozen. i was going to hopefully buy that tomorrow for the trust. looks like i can't now. logistics and transportation. bank of america. a lot of good chatter about how the quarter is going. i like that. google, the large position in my trust and i think that thing is just a juggernaut and oil and
6:54 pm
information technology, wow. how about we go to paul in texas right now. >> caller: booyah jim. >> booyah paul. >> caller: i have ge, he general electric, kmi, kinder morgan, rsg, syy, sysco and vz, verizon, am i diversified. >> first have to tell you when i hear portfolios like this it makes me so happy. why? there's another theme running through this entire portfolio and that is yield. every one of these yields better than the ten year treasury particularly after taxes. a lot of threes and a lot of fours. that's my style. we have a diversified industrial manufacturer. we have a waste management company. waste is still good by the way. kinder because that's one i'm trying to develop for my
6:55 pm
charitable trust. that has a 5% yield. sysco i like the merge they do with the u.s. and telco food service, pipeline, waste and diversified manufacturer all with good yield. i mean, what is not to like. i say. now we're going to mitch in california. mitch. >> caller: hi jim. how are you today. >> real good mitch. how about you? >> caller: i had one question before i talk about my stocks. >> all right. >> caller: so what was quarterback rod -- green bay quarterback rogers stock. >> i left him out this year. he was in last year. disney? i think he was disney. >> caller: at any rate. i have five stocks and i was looking at diversification.
6:56 pm
>> gilead. regeneron, home depot, apple, and arista networks. >> i am concerned here because this is really hard. these are two of the four hor horsemen. i don't know which one to sell. apple and arista and apple are too similar. you have a retailer. keep apple, sell arista and buy royal dutch and i'm sorry -- sell one of the two. you can actually coin them because i like them both and we'll pick up a retailer because they're really strong. we have a redaler already in home depot. dow chemical because i like the yield and i also like the management. that ought to do it for us. stay with cramer.
6:57 pm
tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip! you got our attention. we did? of course. you're type e* well, i have been researching retirement strategies. well that's what type e*s do. welcome home. taking control of your retirement? e*trade gives you the tools and resources to get it right. are you type e*? i make a lot of purchases foand i get ass. lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards, even cash back. and my rewards points won't expire. so you can make owning a business even more rewarding. ink from chase. so you can.
6:58 pm
in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present.
6:59 pm
7:00 pm
twitter. i like the modernization efforts i hear. restoration hardware report affidavit the close. i saw the stock take a quick dive. this is the stock you have to do a huge amount of work on before you just reached some conclusion that can't hold up. i like to say there's always a i like to say there's always a bull marketket >> narrator: in this episode of "american greed"... >> if you're not trading with the best resources, it's time to get smarter. >> narrator: ...he's a trailblazer with a fanatic ambition. and by all appearances, russell wasendorf leads one of the most successful trading firms of its kind. >> everything that i heard was fabulous. it was just something that everybody wanted to be a part of. >> narrator: but if there's one thing wasendorf knows how to sell, it's a brilliant lie, while more than $200 million goes missing. >> he pulled off an audacious fraud... for 20 years. >> i concealed my crime so easily. but what wasnsimple w
212 Views
IN COLLECTIONS
CNBC Television Archive Television Archive News Search ServiceUploaded by TV Archive on