tv Mad Money CNBC September 17, 2014 6:00pm-7:01pm EDT
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the show a long time, thinking about you, happy birthday, brother. >> come to visit many time, happy birthday, enjoy. i'm melissa lee. thanks so much for watching. see you back here tomorrow at 5:00 for more "fast." don't go 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. i promise to help you find it. "mad money" starts now. i'm cramer. welcome to mad money. do you want to make friends? i'm trying to save you money. my job is to educate you and teach. call me or tweet me. news flash, the federal reserve is run by intelligent people who make judgments based on the facts at hand. which is why the dow gained 25
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points, nasdaq climbed. maybe we should stop worrying about the fed after today's statement and start worrying more about how we can make more money in the stock market. the worry is at cross purposes with the mad money goal of wealth creation. as i listened to yellen today, i heard a woman saying -- i'm going to tell you what she was saying. look, the great recession, it's still with us. we aren't back to normal. it scarred people so much that they aren't behaving like we would hope. they aren't hiring. they aren't spending as we thought they would. in other words, we have to stay the course a little while trying to keep rates lower for longer than we thought we would have to. longer than we would like to, because things aren't as hot as we thought they would be. we will let you know when they get better. we will take action. i thought this kind of common
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sense stance was terrific. it drives many people who manage money bonkers. these generally very wealthy managers keep thinking, oh, man, what are these people at the fed smoking? what are they talking about? things are overheating here like mad. we get all sorts of terrific data and the fed is wrong. here is their catch phrase, it's well behind the curve. they want the fed to take swift action like the old days when it took rates up dramatically, not looking at the data as much as making grand sweeping gestures. that were often out of step with the facts. i think the super rich managers and traders are completely out of touch with the average man on the street. they don't know how millions -- tens of millions of people in this country play for dinner. it's often hamburger helper because they are employed
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part-time or one stop from firing or they don't have a job. the portfolio managers think hamburger helper is dog food. they wouldn't be caught dead in any of them. they don't believe anyone has a problem buying a house, because they own four of them. a country house, a beach house and a house to be named later, not to mention their primary mansion. they had no problem getting credit and low rates for it. the big-time money men don't realize that these days the bank gives those loans to borrowers who don't need them like money managers. the people who need the money salivate at the low rate. they can't borrow. in 2007 i said the fed was knowing nothing. they know nothing. they know nothing. that's because they were taging actions that shows you they knew nothing. that had nothing to do with the facts. they were standing firmly
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against inflation. inflation had been crushed and deflation was the problem. they were being dogmatic and forceful when they should have been thoughtful. they precipitated aid crash that we're still stuck with the pieces ever since. they weren't data dependent back then. they would are been easing furiously instead of tightening. i know the fed's critics think i'm a softy. they think all the money that the rich have will be worthless. but to me, yellen is saying that unlike her wealthy critics, many of whom bet against her, she's not ou the touch with the other 310 million people she cares about. she recognizes that it's taking a long time for things to get better. she will take a long time thinking about things and try not to take any rash action. sounded good to me.
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what's so annoying about the rich pundits is that they think they have been right all along. even as the fed has been the right one, not them. think they have any humility? too rich. that's what happens when you get rich. no pickup in inflation at all. today we got a consumer it was negative. she told you it was going to happen when inflation was raging. she nailed that with the noisy comment. there's no worldwide growth. europe is worse. latin america, don't start. emerging markets, wow. off the cliff. the tough doesn't want to make things tougher. the penalty for being wrong is so high that they are being common sense cle. it will be self-destructive given my tax bracket. the wealthy money managers don't know what's going on. yellen does. she knows our elected leaders are washington aren't helping. she's not going to get mechanical -- i love that when she used that word. she's not worried about falling behind the curve, being too
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easy. she's worried that our national psyche is too fragile. when i pinched every penny for the rest of their lives, you been with those people? do we have to go out to dinner? it's mother's day. let's stay home. it's a holiday. no. we stay home. that's the era. she understands it. she seems to recognize that the depression ended when world war ii pumped up the economy. this time there's not going to be a world war three. i hope not. what does yellen's view mean for those of you trying to make you money? we're going to work harder to get a decent return. it's a terrible thing to not borrow the money being lent so cheaply because banks are afraid to lend. you are making nothing on your deposit that they're lending to the rich people. the trick with the yellen regime is to remember that they speak for the common person who is worried about list job or budget. they want regular people to make
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money. they know regular people can't make it with certificates of deboz it. they are urging you to find solid stocks. i know you are scared of stock market. she's taking her time. maybe you will get your feet wet into the stock waters on a couple of stocks. yellen is trying no the to scare you. i wish others weren't trying to scare you. fortunately, so many companies are firing and selling more goods and services than they were before. these winners are everywhere. today we got all the reviews for the new apple iphone. it's cheaper than average stock. how about domestic retailers? gasoline is lower. how about businesses that are able to grow rapidly despite the sluggish nature of the company? companies like facebook or google or alibaba. you pay no more than $80. how about stocks with good yields that will grow, verizon, at&t, maybe microsoft.
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maybe not as much as i would like. that could come. what we heard from the fed today is simple, one day we probably will forget how horrendous the great recession was. the rest of the world might get better. the pain will be a distant memory. only then will it will be a good idea to raise rates. yellen will stay the course. keep trying to find ideas can that can make you money where the fed knows something, unlike its rich critics would are clueless about lou the bulk of how the country is really doing. benjamin in california. benjamin, speak to me. >> caller: this is ben. i'm camie in calling from calif. you are awesome. my stock is cree. what's your thought on that? >> i decide i don't want to be
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in cree. joe in north carolina. >> caller: what's going on? >> tennessee, not the program i want this year. it's early. >> caller: i love your books. my question is about best buy. i have been monitoring it. they have beat earnings per share interest. however, their revenue and net income have been disappointing along with the decrease in in-store traffic. would you recommend to buy, sell or -- >> i would rather buy than sell. i think radio shock is in a tad of a problem there. don't know how long that will be able to go for it. read the articles on sears. maybe they will lend them a couple billion interest free which would get the thing rolling and make sears where would you buy rather than best buy. i don't see that happening. a lot of revenue up for grabs in the business. don't worry about the fed. worry about lhow to make more
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money. we will work harder to get a return. we will do it together. try not to be hyperbolic. i think this one could be a big to winner. i will unveil it. a game-changing biotech, can it keep the healthy gains alive. don't miss my exclusive with the ceo of isis pharmaceuticals. i take the pulse of a company on a wide range of slick devices. stick with cramer. i make a lot of purchases for my business.
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shifting. tonight we're taking a closer look at isis, not the lunatic terrorist group in the news constantly. talking about isis father suit cals, the $4.75 billion biotech company i have liked for ages. medical speak for drugs that work by binding to the rna in a person's cells, for those of you who missed high school biology, it's the substance that controls the expressive genes, which makes it perfect for treating genetic disorders. it has one drug on the market. the key is they have 32 drugs in the pipeline, many of which treat rare diseases this includes a drug to treat a rare genetic disease and a drug for spinal muscular atrophy.
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isis has an anti-coagulant and cancer treatments in trials, interesting formulations for diabetes. it is giving you a 336% gain in 2.5 years. it's up 47% since may. i think it has more room to run. let's check in with the founder, chairman, president and ceo of isis pharmaceuticals. welcome back. >> it's great to be back. >> today you came out with a release, $4 million milestone for a study of a drug i have never heard of. this sounds very important though. i think you should tell our viewers about it. >> it's interesting. it's an example of one of the strategies that we have used for years, which is to license our technology to others and we have a number of associated companies. this is a drug that came out of
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a technology that we developed called ivis. it's an anti infectionive agent. so it has the potential to be very effective against some very difficult to treat diseases. so we're very excited that it's getting this key study under way. we're looking forward to the results. >> you do a lot of milestone business, which is terrific for a company. you get paid by bigger. when pfizer was pursuing astra accident can a, they had a got of good cancer drugs in the pipeline. i checked with my sources. they said the real stuff that they have that's good is by this outfit called isis pharmaceuticals. what deals do you have? >> we have several things going on. staff 3 is the most advanced drug designed to affect a target that cancer cells need to live. we learned that if t affects
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cells that support cancer cells. so that drug is in studies inpatients with non-hodgkins limo if a and patients with a very untreatable cancer. they will be presenting results later this fall on the drug or study. then we have a drug that we're very, very excited about that's just entering -- just in clinical trials. that's an androgen receptor to treat prostate cancer. the beauty of our technology is that we avoid the mechanisms of resistance. we are excited about that. then we have a broader collaboration. but those are the two drugs in the clinic. >> the amazing thing is this is not what people talk about when they talk about isis. do you think we're focused
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wrongly, that we should think about the broader mass drugs that you have or do you think right in front of us are the tremendous breakthrough drugs and stay focused on them? >> i think you should do both. isis is say very complicated story. i understand that. we are a platform. we have a pipeline that's growing. we have an extraordinary competitive advantage in terms of the efficiency of the technology we have. we have 32 drugs in development with 400 people. that's one drug for every 12 people or thereabouts. i think what you are doing is quite right to focus on elements of the pipeline and focus on the platform. obviously, the drugs that are most advanced are the things that should matter most to investors. our drug to treat triglycerides disorder is exciting. ttrrx is in phase three with our partner gsk. we just completed additional
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analyses. we're very encouraged by the progress on that trial. smnrx, a drug to treat spinal muscular atrophy, i think there's been some confusion about how exciting those results are. we'll report new information at the world muscle congress in a couple of weeks. we're tremendously excited about the da thta we will share that. we will help people understand the data and hope they share our excitement. yes, it's a big story. there are a lot of drugs, the phase three drugs matter. the drugs that are closest to the market matter to investors. they matter to patients most. >> i just -- your pipeline is unbelievable. i have to ask you something that is frankly something i don't want to ask you, because i think you are serious scientists. your company is serious. the name. i mention to people that i have isis on tonight.
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isis pharmaceuticals. we know the unfortunate connection. what do you tell people? do you tell people, this is an unfortunate coincidence? you can't laugh off things. you are a serious guy. i'm asking for help about how to talk about the company when i mention the name. >> it drives me crazy. but we're not a retail company. our investors should be sophisticated. we have been isis for 25 years. i don't feel like i want to capitulate to the terrorists by changing my name. they can change their name. >> you know what? that says it. you have been a fabulous guest. it's been one of our -- the best performer on the show. it's going to get better given what you have in the pipe. you are candid. thank you for always coming on our show, sir. you are a treat. >> it's a great pleasure, jim,
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to get together with you. >> thank you so much. this stock is right. i don't know how else to put it. it's right. after the break, i will make you even more money. >> find it in the fast food at wendy's, in heinz ketchup. it's in your cup of morning coffee. it's the secret ingredient that's been providing profitable returns on wall street. stick around, cramer reveals what it is. they're custom made trains.
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you can't get any better than that. siemens trains are not your grandparent's technology. they're something that's gonna change the cities we live in today. i find it so fascinating how many people ride this and go to work every single day. i'm one of the lucky guys. i get to play with trains. people say, "wow, we still build that in the united states?" and we say, "yeah, we do!"
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what do do you with dupont now that nelson pelts group has decided to advocate for change? you buy it. why? because he will win and the stock will go higher. winning isn't a one dimensional concept. he is pushing for big change. splitting dupont into a fast growing enterprise made of agriculture, health and bioscience and a cash cow of a company with performance materials, safety and protection, electronics and communications. he thinks this breakup as well as a change in the company's unallocated spending, spending overhead, should get the $68 stock to $120. he wants a board seat to make
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his vision a reality. he hopes it's a friendly admission. to me it sounds like he will try to make it happen by a proxy vote taking his case to the shareholders, if he doesn't get his way. dupont didn't take long to react putting out a statement saying the stock has gone up 220% since 2008 when the ceo took over. that is some terrific outperformance, in a world where not many companies have trumped the benchmark. the stock did fall going into the rebound. dupont said it had a con struckive dialogue is committed to bringing up shareholder value. it looks like from the white pare pain they are morning that the dialogue hasn't been constructive enough and the company is not moving along the what he calls natural fault lines that he wants. he was $1.7 billion as of today. he is not going away any time soon. that's why you should buy
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dupont. activists come and go. the only one consistently made you money after he has made his position known is nelson pelts. that's because he brings out val khieu wheth value. while many rakactions are done the companies, he is holding their feet to the fire. he talks about one of pelts' biggest wins. kraft food. the share price stagnated at $32. despite being one of the largest global food companies are leading brants, the marge begins were below. he pushed for a breakup into fast growing company and a slower growing company, one with international promise and the other with big difvidendividend. kraft split. these days the pieces trade at $57. that's 78% higher than when he got started. this is not his first rodeo. we have seen astonishing success
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in companies as diverse as pendy's and heinz. we are seeing gains in pepsico, bert than coca-cola. i would argue that the gains are from the hard work of the company's ceo. no mat every, the point is that peltz is a good judge of companies to go after. do i believe in what he wants to do? it's more than. i believe you win if dupont does what he wants. you also win if it just feels the heat, like we all do, when someone is challenging us and holding our feet to the fire. get dupont and get ready to rumble for a hirer stock price. dick in virginia. >> caller: hi. your staff is wonderful. my question is, the dow hit another record today. a lot of the stocks like caterpillar and general electric
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didn't. the analysts argue and credit swiss, but it's not doing anything and is it too late to sell? what's your recommendation? >> that's a great question. we both -- we did sell. we have been going back and forth whether it's time to pull the trigger again. we think it's all china. we thought last night's injection in the banking system of $81 billion was a surprise. if we get a few more of those -- china could have a change. right now, cummings is in the investor dog house. there is not a lot of investor growth. stay away even though we love the company. jerry in florida. >> caller: this is jerry. i'm a multi-time caller from florida. think you're the best looking man on tv. my question is about the recent
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spo by b pinnacle foods. i bought it and have been pol e pleased as an investor. how do you think the spo will affect the long-term prospects of the stock? also, the board's motives have previously been called into question. i'd like to see you interview the ceo and ask about their future plans. >> you know what. i very much want him to come on. he's a terrific executive. he did a great job here. pinnacle was for sale. pinnacle got a bid, you should say. things would have been terrific had the bid worked out. it didn't work out. until i hear from him again, i'm going to tell you i don't want to have a position in the company because of what happened with the general mills. they are being depantried. pinnacle has a lot to do that.
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if you want to take the tempt tur of the consumer technology business, it's worth checking with semiconductors. cypress makes touch screen chips for nearly non-apple smart phone and tablet out there. these are small low powered semiconductors to make controller chips from usb devices, industrial applications. and the company is the leading maker of static random active memory. it's a very well run, very shareholder friendly company. 4.2% dividend, which is one of the best yielding stocks in the tech world. it's volatile. last year at this time the stock took a hit.
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it appears to be stable and improving. cypress has a five-year plan. it is laid out in the annual report to grow twice as fast as the broader industry. i think it has a chance to unlock the value of special assets most people don't talk about or know about. let's take a closer look with dr. t.j. rogers, co-founder and ceo of cypress. welcome back to "mad money." >> thanks, jim. >> i have to tell you that seeing this last quarter and a really good talk from september 10, tell me you were at the cusp of a major margin breakout. some of your investors -- longer-testimo longer-term are going to pay off. i want to know more about them. >> we have got -- we have been reinventing ourselves. the static graham market is flat. we started a bunch of companies literally 14 of them over the last decade.
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we call them the emerging technology division. we have got three of them right now that we have been investing in for three years. $200 million invested. it has come off the bottom line. made every quarter look worse than it could have been. they are starting to pay off. we are happy to see that drag, if you will, come off our gross margin. it costs us two points a quarter. >> 55%. gigatech, could it be a sun power, a $5 billion company that you made fortunes with? >> sun power was a winner. we caught the solar wave and found the best new company around. i think gigatech has a chance to be a home run. the bigger the goal, the more probable you are talking about -- i'm not talking about something in the bag. simple enough, when you have a
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surf server, personal computer, you have fast members that talk fast. then when you want to shut it off, the fast memories transfer data to the slower memory to keep the data. the slowness of the memories everybody knows that's your bootup time if you have a microsoft-type pc. it takes tens of seconds to transfer that data. what gigatech does, they make a memory, the dynamic ram, the primary memory of the personal computer. instead of losing data when you turn off the pc, it keeps it. when you turn the pc back on, it's right there ready to go. intel has obliged us by modifying their operating system so that this feature can be used. it's a small modification for them. if that hits, that means we have got a monster socket where we're storing data noin servers in th
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world. >> you say -- they are now cash flow positive and becoming profitable. it doesn't sound like it's early anymore. >> we expect our emerging technology companies will break even in the next quarter, in the fourth quarter, first quarter. it's the same if one of my companies goes from minus two to minus one penny, another part from 15 to 16 cents per quarter. they have been giving us a little momentum all year long. they will stop losing money early next year, late this year. >> i know that you are very candid in your report. you said certain things and business did fall down. you don't hide anything, which is why i love cypress. i have to believe judging from the comments made at the september 10th con convenience that you are feeling more
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confident about the handset business, that it seems stable to go in higher. >> well, if you can count laying on the floor and only being able to get up as an option, yes. we are moving forward. our business is still triple digit millions. we have got new products. we have remedied the problems that caused us not to be the choice of some of our customers. we believe that we're going to stabilize and grow back in that business. of course, if you want to talk about instant gratification, that's the business to get it in. it's the opposite is true. >> you also -- thad was sur coup -- your company is not saying necessarily going to be the biggest thing that has happened in tech, the wearable. >> the good news is that if you look at wearables, you have the
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qualcomm tok. you have the sony smart watch 2. we control the screen in that. you have the samsung gear and we control the screen in that. we're designed in where the screens are as sophisticated as a cell phone. they run on tiny current because you have a watch battery. you can't friday it by tuy your turning on a screen. we don't say it's big money is we need to see a breakthrough in the end market. we're waiting for somebody to get the right combination and score. >> i wanted to get a sense -- california budget getting better. there are companies out in california that now are finally showing the same kind of, i think, moxie and excitement that you did when you first studied with gordon moore at stanford. are things getting better? >> things are getting better in silicon better. but slowly. you could argue silicon valley is getting better on an absolute
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scale relative to the rest of the company, it's get egg btingr than california. this is not the same as it has been in silicon valley before. california has made mistakes. they have created an economic environment which is not business friendly. they are losing business after business here. until california understands that they don't own -- they haven't got a pen around the goose that lays the gold p egg, they will get disappointment. we have a slow recovery when we should have a faster recovery. i think jerry brown got t. you can't spent all the money available from the government. otherwise there won't be investment in business. he is putting tens of billions of dollars in 1890s technology. who care snz it will never get through into san francisco. never going to happen.
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we are wasting money on it. we're not a well-managed state. we aren't. if you look at business magazines, any business magazine that ranks the state, california is in the bottom three for environment for doing business. one example, we go to another state, we have a plant in minnesota. we have plants elsewhere in the world. you say, we're looking for a tax break. we're looking for training in the local university. we're looking for the road to be improved up to our property. we don't want to pay for private road. then you start negotiating. in california, the break you get is you get to pay sales tax like you were buying lunch. you get to pay sales tax on your fab equipment. if you put in a billion dollar plant, please mail your $95 million check to the state of california. it's one of the only three states in the united states that does that. that's -- they haven't changed that. no, it's better.
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i love california. i will live here until i die. but it's not a well-managed state. >> you have always told it straight. i have not heard you this bullish about the other investments. people better get on board. cypress made you a fortune. dr. t.j. rogers, thank you for coming back on the show. >> thank you. 4% yield while the wait. look at what's sun power -- how much was created. $5 billion worth of wealth. this company is only worth a $1.6 billion. 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?
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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. who would have thought masterthree cheese lasagna would go with chocolate cake and ceviche? the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*?
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sounds great. [ cell phone typing ] [ typing continues ] [ whoosh ] [ cell phones buzz, chirp ] and we have to work the weekend. great. more good news -- it's friday! woo! [ male announcer ] ship a pak via fedex express saver® for as low as $7.50. lfrj it is time for the lightning round. are you ready? come for the lightning round. derek in new york. >> reporter: how are you doing? >> how are you? >> caller: good. i want to see what you thought of amd. >> don't care for it. i don't think it's a buy here at all. i would rather own intel.
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let's go to derek in new york. i'm sorry. bob in new york. bob. i'm sorry. bob? that was my fault. i didn't ask for bob immediately. >> caller: hello. >> tony in maryland. >> caller: yes. >> how are you? >> caller: very good. will rrd profit from the increase ipo activity? is the high dividend in danger? >> no. the like the gross story. i understand why you would feel that way. i think it's an excellent situation. you should be a buyer. dan in pennsylvania. >> caller: yeah. this is dan. my stock is pcyc. >> i like that it's much less speculative. it's terrific. they have affiliation with johnson and johnson.
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let's go to chuck in california. larry in maryland. >> caller: this is larry in maryland. >> okay. >> caller: hello? >> hi. go ahead. >> caller: this is the most exciting television moment i have had since i was brought to the peanut gallery. i would like your views on lucadia? >> the financial company? >> caller: yes. >> okay. that's richard handler, whose father was my accountant for many years. i prefer a stock that's really starting to roll, goldman-sachs. chuck in california. >> caller: yes. jim, i'm from sad 49 country. a few months ago you had the ceo
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from h&r block on the show. you said there was going to be a financial change in the company in august. i want to know what's going on with that. >> it's good. they are getting rid of the bank designation. they are becoming a straight-out income tax -- in a world where affordable care act -- you need h&r block. that's why i would buy it. monet in maryland. >> caller: i like miguel taupe. >> thank you. >> caller: you wear purple really well, too. >> thank you very much. maybe i will don that outfit tomorrow. >> caller: what do i do with zillow? >> spencer, i say he should come on the show and talk about the arrangement with trulia. he tweets. it's time to start talking.
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let's talk about the merger. let's go to ken in florida. >> caller: how are you doing? >> how are you? >> caller: glad to get through tonight. my stock is first energy. >> i want to -- if i go energy, i'm in the following order doe palestinian on, then aep and then southern. that's my order. fe does not appear on it. that is the conclusion of the lightning round. [ male announcer ] what if a small company became big business overnight?
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geopolitical issues, scotland possibly seceding. enough to make any investor want to scream. it's not what's in the cards. you know that you should be doing everything you can to make sure your portfolio is diversified so you are protected as much as possible if things turn sour. kick off another rousing round with a question receive from mark davis who asked, caterpillar, city group, and verizon, am i diversified? no. no. caterpillar, the industrial manufacturer. the number is a little too high. city, i don't mind that. i prefer a domestic bank. verizon, terrific. four point and change yield. we have here an industrial. we have a bank. we have a -- kinder/morgan is
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the schlunberger. let's get rid of that. it's breaking down. we will add the stock iu. kvork in florida. >> caller: hi. my five would be apple, cbs, discover financial, jildad and high crush partners. >> okay. we have a pharmaceutical company that we know is under pressure today because people are raising money to get a little alibaba and people worried about the generic. high crush is in oil play. that's emes. discover is a finance play. maybe this company will buy that company. that's not going to happen.
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apple anda entertainment. drug, oil and finance. that is picture perfect perfection. i like it. let's go to judy in indiana. >> caller: i know you hear this all the time. thank you, thank you, thank you so much for all you do for us. >> you are quite welcome. >> caller: my stocks are apple, eog, gild, coddison and emerge emes. >> okay. i'm going to call it a cons consultant so it doesn't confuse things with apple. emerge is fracking sand. the other day someone was criticizing saying, suddenly you don't like emerge. oil has come down. i'm saying be careful. eog is the same as emerge. what we will do is sell emerge.
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ground rules for alibaba, get some on the deal. the big institutions want it are tight as a drum. on deal, whatever price the deal comes, you are blessed to buy. if you can't get in on the deal, i am willing to give you the opportunity to buy this one as high as 75. if you reach for 80, you will be on your own. anything north of 80, i disavail any knowledge of you putting that order in. please do not use a market order. use a limit order. try to get in on the deal.
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those of you who think that allibaba is good, aim with you. right here, i'm jim cramer. see you tomorrow. >> tonight on the profit... i go inside sweet pete's, a confectionary shop whose candy-obsessed owner has created a huge variety of sweets. >> that's the caramel. >> that is good. but with a horrible location... part of location is having foot traffic. and i don't see that here. a partnership gone bad... >> i'm calling you out on your integrity. it's crap. >> and an outdated kitchen that won't allow him to keep up with demand... there is a limit to the output, and you're the limit. if i can't turn this business around... >> i don't see how i can go forward. >> sweet pete's will come to a bitter end. >> you guys misrepresent my integrity. >> no, i'm calling you out on-- >> i'm sorry. >> my name is marcus lemonis, and i fix failing businesses. >> we made $10,000 together. >> i make tough decisions... we'll change the recipes. >> i mean, that would be the last
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