Skip to main content

tv   Mad Money  CNBC  September 22, 2014 6:00pm-7:01pm EDT

6:00 pm
subsequently higher. adoe by traded higher today. >> i really hope jack ma calls her. i'm melissa lee. thanks for watching. "mad money" with jim cramer starts right now. "mad money,"j crepeser starts right now. \s. my mission is simp -- 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. holy cow! they clobbered the darnell thing, with the dow sinking 107 points. s&p 500 down, nasdaq punching
6:01 pm
1.14%. some would speculate we don't know why. we could round up the usual suspects, but i think we have a big hangover from the alibaba party and were simply ripe for a pullback. i know the phrase more sellers than buyers comes to mind on days like today, the sill gym that it may be, but let's at least go over some of the proximate causes so we can get our arms around what happened today, embrace for more selling after a halcyon run. the futures market, they were down big before even stocks opened for training. the reasons for the decline are something we better get used to, so let's tick down the reasons
6:02 pm
we decline pretty horribly today. the average has been going up, but underneath there was a difficult rotation. in short, investors had been fleeing certain sectors, running into other sectors. they've been fleeing chiefly the industrial sectors, and we saw heavy selling in that group today. for example, in this this morning when i wok at 4:30 -- i know, i slept in to celebrate the eagles' victory -- the slowing economic growth and may not feel to do more to get things going again. last week the chinese injebbed huge reserves, both of this were very positive for their economy. i thought people talked about it, saw it. no one seems to have noticed. all we heard is china is done stimulating for now. i think the comments made sense. you can't expect them to stimulate more on last week. we would never tolerate that from our fed, but the idea that china is happy with the slower level of economic growth, that's
6:03 pm
not good. it's antithey cal to everything we thought we not about the chinese communist government. if they aren't concerned with 7% growth, well, because it's certainly better than anybody else in the world, the ripple effects are enormous, especially if we get numbers out of china down the line that indicate even slower growth. this national cannot handle much more of a chinese slowdown. sure enough -- the china -- now, i saw is first it happen in the collapse of copper. this is an extraordinary move, people, one that says the chinese are happy with their growth, then there's little help. copper's decline in turn led to one more sell-off in the entire commodity portion. you can't have metals and mining going down without mining equipment going down, too, which
6:04 pm
frankly has become very difficult i don't care for that stock here at all. frankly some of these commodity-related equities have been getting down to absurd levels. others have been down for multiple weeks, not days, not weeks at a time, but there's still no buyers whatsoever. even the highest yielding stocks are mercilessly slaughtered. you know what can take this market down? the oil patch can. i know it seems ridiculous to emphasize china to this extent, u.s. is a more important economy, but not when it comes to the raw materials that are used in this world. that's china. we've become conditioned to believe a decline in china means a decline in everything related to a demand for materials. one of those key materials is -- oil.
6:05 pm
i've been watching the decline of oil complex for weeks now. you know what? it's gotten quite unnerving. of course it started with the big players, but it's extended to many of my favorite stocks, including the independent companies, all which require that oil stay high, because the cost of drilling in the u.s. makes it so that profit margins will be readily squeezed. by the way, if it goes to the 70s, there will be a drilling dryup. that's dreadful. when oil failed to hold $92, the group took another down. i'm tempted not to worry, but i didn't think copper would go this low or corn or iron. oil's not just trading on china. the trading on europe, which is really starting to slide. our stocks may not all be into problems overseas, but international resource stocks sure out. and europe is another nail in the coffin of what may turn out to be 91, to say, mid 80s oil?
6:06 pm
we're not ready for that, either plus we're sowing our own seeds in not being able to export it. our oil is trapped here, causing further declines in its price. that said, step back for a second. i am not a huge bear on the group, but i see what it says on my screen. it's tough to be as bullish, because the dollar has become so strong. we can get more oil with each dollar. i'm heartened. with -- i remember when this maker and serve are of equipment couldn't get out of its way before the shale oil was being extracted, now those companies are being snapped up. drc and fmc. what's far more worrisome,
6:07 pm
though, is the inability of longtime cramer favorite continental resources to get any traction last the meeting last week. the simple fact is that if oil were to rally, continental would, toorks but suddenly oil seems like in an unnerving downturn, falling from $80 earlier this month to 67 today. when i looked at the chart, i saw no sign of a bottom. we know that when oil goes down, so does the price of gasoline. that should help the american consumer, right? but as i explained last friday in our game plan, i was also concerned about the existing home sales number. i had a premonition for the number that the kinds of homes that you fixed up when you get them wouldn't be strong. sure enough we they declined for the first time in five months that took down many retailers, though oddly, despite lots of negative articles, home depot
6:08 pm
does hang in like a champ. mark that stock down when it comes down as a place to go. i want to step back for a second. people, we've had a gigantic run in the stock market. you could argue that china is a weak excuse if our stocks to go down, dresser rand is not the only company that's just gotten acquired. we saw a huge bid for with you my all-time favorite companies. that was launched by the german america for automa parts maker by zf, another german company. of course these don't save the s&p futures, to generate growth. believe any, that is what i'm hearing. i also think the euphoria with alibaba produces its own skepticism. any joy or outward enthusiasm brings out a when you play this much this hard, you know someone is going to get hurd mentality, but the bottom line -- i'm still
6:09 pm
calling it business as usual. an al ibaba induced hang jersey followed by china's grown -- it comes at a time when we aren't ready for it. we still think the commodity declines are bad news, which ultimately, as you and i know, as consumers, we do want cheaper goods. i say let stocks come down, buy the good ones as usual, including some you'll hear about later in the show. paul in my home state of new jersey, paul. >> caller: great to be on the air with us? >> what's going on, paul? >> caller: jetblue. i picked up a position in that because of the positive outlook on the airlines, and i've held it through the lower oil prices and new shoerld-friendly ceo, but i'm concerned because it's not really going up. what's your view on that. >> you know, i'm concerned about jetblue. it's my least favorite of the airlines. i saw the manage change. that doesn't inspire me. i sigh spirit down a lot.
6:10 pm
you know i happen to like the airlines, but we've got to be cool for a little while on the airlines, because they want to take a breather, all right? a breather is what they are getting. well, here's a funny one. gary in indiana, gary, indiana. >> caller: hey, boo-yah. >> i've been waiting for a gary, indiana show, what's up? >> caller: pn -- they've had some shake up, people are getting fired, what do you think? sell or hold? >> no, no, no, panera, i'm thinking about buying, stephanie link, portfolio copartner, we've been looking at the price of white, a some extraction thin? panera. now, understand, $150 stocks go down on down days, but panera is improving. ron shake, he will get it right. this is what you call a hangover from the alibaba party. guys have lamp shades on their
6:11 pm
heads, but it's still business as usual. let it come down, buy the good once. we'll welcome the large -- if you couldn't get in on the deal, i'm revealing three of my favorite, just ahead. plus pushing more of the payments duties for your wallet to your phone? i'm going to clue you in on which companies are set to cash in on this innovation, but first think the summer fun is coming to an end when fall takes over tomorrow? think again. why sand should be part of your sandbox portfolio. hey, stick with cramer. don't miss a second of "mad money." follow on twitter, #madtweets, or e-mail jim. or give us a call. miss something? head to madmoney.cnbc.com. (trader vo) i search.
6:12 pm
i research. i dig. and dig some more. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading. that's why we rebuilt scottrade elite from the ground up -
6:13 pm
including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade, our passion is to power yours. you can't get any thbetter than that. trains. 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!"
6:14 pm
i'm a troubleman in san francisco.lopez. i've been with the company for 29 years. a troubleman restores and troubleshoots electrical issues, getting customers power back on. we're 24/7, 365 days a year. i love my job. going up in the bucket and seeing all of san francisco is an exhilarating feeling. i was born and raised in san francisco. this is where i live and there's a sense of pride in providing great power to our customers. when i go out there, flip the switch and get their power back on, there's a great sense of satisfaction.
6:15 pm
♪ yep, tonight we're talking sand, particularly the important ingredient in fracking. 6 in the process, you use huge amounts of wear to blast open cracks in the rock, but in order to pump out that oil, you need a substance to keep those cracks open. you know what's perfect for it? sand. yeah. i decided to open things with "mr. sandman" because roughly three weeks ago a smart energy analyst at morgan stanley came out with a piece declaring a multiyear sand super cycle, with demand outpacing supply, to the point where we get a serious sand shortage in a couple years. sad sadly i think it could turn out
6:16 pm
to be nothing more than a dream. because we're sog do much fracking, there's a huge demand which is why some of the sand sources have been rocketing higher, and believe my, it's got higher qualities to it given that this group has had such a high run and the price of oil has been slammed lately, as i talked be at the top of the show, i think it's risky to talk about a bullish super-cycle in the sand space, which is why i want to tell you tonight why you should avoid most of them. it's all fun and game in the sandbox until someone gets hurt. before i get into the nitty-gritty, let tell you why i saw a super cycle to be -- we get short bursts, which is exactly what happened when
6:17 pm
slurry announced a sand supercycle. we've seen it with the coal supercycle, with the ethanol super cycle, and plus let's not forget when morgan stanley said schlumberger was headed, that marked the top, too. the only stock i ever think about owning is one i've been behind, which is emerge energy services, but i've been getting cold sand feet as of late. it's a limited partnership protected by a bountiful distribution that's expected to come in at roughly $7 a share. that equates to a 5.8% yield. in the last three weeks, it's come down an astonishing 20 points. it's still up 170% year to date. the company mines, processes and distributes plain-old silica stand i know that sand is not like fine wine, but this is the
6:18 pm
premier no sand before its time sand. now, aside from the yield, emerge energy services is my favorite player in the group. it's been most aggressive about new capacity. in order to grow the business, you have to keep openings sand mines. it's expected to double that cash flow per share, that would allow emerge to increase the distribution, so it should have an ehigher yield, unfortunately especially as the stock goes lower, as it did today when it declined 4.3%. even if the sand stocks keep rolling over, i don't think emerge going that much lower because of that yield support, though i'm not exactly enthusiastic about even this one. i have seen yield support erode for every single commodity in the past few weeks. if you have to play in the sandbox, the boom in hydraulic fracture furthering, emerge energy services is the one to own. let me put it this way --
6:19 pm
>> i think we should probably go tropical with this thing like sand from wall to wall. i have a great sand guy. >> emerge is your sand guy, but high crush partners, hclp, transporter and distributor a 3.9%. high crush is up, rallied 122% over the last 12 months. super cycle? we've been having one. i think this company has been well managed, but the run-up has made it highly valued. in other words, the sand super-cycle doesn't play out as expected, high crush could be in trouble, especially since it generates the majority of its revenue from five customers. the analysts have seven buys, a few holds, zero sells, which means the slightest hiccup will cause high crush to get, well, crushed.
6:20 pm
what about u.s. silica, slca? here's a stock that up 161% over the last 12 months, although jaw-dropping amount. it does have the highest quality sand reserves in the country with access to the major railroad arteries, this is all by rail, but my problem is with the stock. i think it's overheated. they're so bullish that any problems could cause a dramatic sell-off. the problem you see with the thesis is that at the end of the day, you know what it is -- it's still sand. now, the stuff is a commodity. it's a commodity business, and if sand ever gets too expensive oil drillers can switch to another material, just look at crr, a stock we haven't liked. its product is superior to sand, but much more expensive.
6:21 pm
lately it's been losing customers left and right. just the last few months, the stock has lost 5% of its value, a couple customers said we're leaving ceramics, going to sand. i think it keeping going lower. believe me, don't take that as a sale you want to participate in. the real tackaway is if it can be this ser -- i fear the same thing could easily happen to the competitors in the sand space if their product becomes too expensive. emerge, high crush and u.s. silica may have the best for fracking, but if it gets too pricey, i don't see why the they'll switch to something else. i am not backing away from my belief in the north american oil and gas renaissance, but i think the sand stocks are just too darn high, especially kerr the sudden decline in oil. let ate get some safety
6:22 pm
involved. safety never takes a vacation, union pacific, that's what i would do. they shift the stuff. if you really believe in the sand super-cycle, the only stock in the group is emerge energy super services, jib is the camera, anyway, because it's protected by a juicy yield, the stock has run so much, you simply have to expect a consolidation to occur. consolidation is code for ouch! i'm getting pounded by sand! much more "mad money" ahead. many go public, but i'm naming the newest players on wall street that stand out from the rest of the pack during this downturn. no plastic? no problem. apple pay puts a dagger into physical credit cards, but is it the death of the companies that print them out? don't miss my take on the biggest names in your wallet. could bleach be about to make you a big buck? i don't know. clorox soared today. find out why and why it continuing to be a green machine.
6:23 pm
stay with cramer!
6:24 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.
6:25 pm
after months of anticipation, the chinese e-commerce giant alibaba became public -- now, look, with the deal to end all deals behind us,
6:26 pm
it's time to review all of this year's ipo offerings, and rank mea -- all which fit under the momentum rubric, which is especially important which global growth is clearly slowing. these companies amazing growth insulates them on down days like today. it's kind of textbook. my new favorite is alibaba, of course. with the deal pricing at $68. that's remarkable 37% jump. fortunately, it fell back today. and the fact is even, at these levels, ali baba is not that
6:27 pm
expensive. slightly cheaper than facebook, even though it's growing faster than facebook. i was genuinely impressed with the human mitt when i got a chance to speak with him on "squawk on the street" at the end of the day they're all about the numbers. here's a company that has basically become the go-to e-commerce in china. making it larger than amazon and ebay combined, but this is not merely a play on the rapid growth of online sales in china. perhaps the best is the business model itself. ali baba has managed to become the king of online retail in china. instead this company build a platform to and whenever anyone using that platform, it's a
6:28 pm
brilliant model. it requires no real inventory, no real financing, very low overhead. meanwhile, the company has embraced possible transactions use ali baba's platform. alibaba is still relatively chief. i liked it in today's weakness, and why buy more into a deeper pullback. i totally get the endless stoirz about it must show half the china is on the internecessary given the lack of stores in china and the rapid rise of the web, why couldn't we think it's only a quarter built out. ma told me his ambitions for the red of the world, too. why stop dreaming many china. to quote jimmy cagney in "white
6:29 pm
heat" -- made it, ma. top of the world. let the profit takers ring the registers. as we get closer, to the price target, you've got to be buying, not selling. next up, my second-favorite company to become public this use -- go pro. another red-hot shock up 117% of course i wish the stock were cheaper, but there's been a reason it's on fire. to the harness on your doggy. the company's built an extraordinary ecosim, allowing uses to capture, manage and share that i own video content i think this ecosystem is the key to protecting go pro against the competition that they tell me exists there.
6:30 pm
it's already the number one brand on youtube. it knows how to harness youtube. it goes from being a brand to one that's embraced by the entire population, including moi. there's just so many potential applications here, including those of us with a more sedentary bent. go ask your friends about what they're up to. i was i friend that toll me his son is hooking them up to kites, making fabulous, and go pro contacted the kid for prosh apparently they troll the web for uses, that's my kind of company. like my fantasy football team, they have mojo. that said, the stock is far from cheap. el which is pricey, even
6:31 pm
considering and a little more than tleez months. while i take a pass on the ride up hoar, look, if you have to, i think the holiday selling season, which will include new hardware will make it a buy on any dip like last week. strong stocks go up on days like today, and that's why go prowent up. finally my favorite stock, my number one ipo this year is -- mobile eye. mbly, this is the only pure play for camera-based systems. yeah, that's like this -- that's the buzzword of all buzz words right now. in short the technology allows your car to see a interpret its surrounding environment, making it a key enabler self-driving cars self-parking cars already
6:32 pm
on the market. i've used their stuff. i am not a great driver. this maybe me into a great driver. the growth is astounding here. and because of its propry tear mobileeye that's thousand mobileye can -- very high visibility, and of course like alibaba and gopro, it had a monster run. however, in the last couple weeks, the stock has pulled back. i think this could be the buys opportunity we've been waiting for. up 1.71 in very active trading. you see that stock up? that is like behold, there is a stone wall. while we're talking about ipos, i think you should try to get a piece of citizen financial.
6:33 pm
i am also intrigued by cyberarc, and it's a cybersecurity firm that soon will become public. i would definitely like to get a piece, even though i've got to tell you we know that palo alto remains the best in show. that stock broke 100, or par, as wall street jibberish. of all the companies that have come public, my three favorite all are buyable whenever the market throws a sale. nicholas in california, nicho s nicholas. >> caller: >> caller: i'm calling from my apartment on orange grove. thank you for making investing cool, thank you for my parents for getting into you. my question is about twitter, specifically with alibaba behind us, where do you see it going? >> i like it. ever since anthony came there, it's become a turn -- i think it's the news source for
6:34 pm
everybody in the world. i took some heat last week from a guy -- i won't mention his name -- who was saying basically that it doesn't matter that nota was the cfo, i have to tell you, it does matter and the company has its act together. i like twitter on this pullback. a big boo-yah for you. p.e. parsley energy. a few months back -- where do you think it's headeds james? >> i understand we're not oblivious to the market. we've been saying the oil stocks have been comen down for some time. but we cannot be oblivious. we cannot say listen, buy buy buy, because what happens then is you get your head handsed to you. that's not our style. we respect it.
6:35 pm
ipo-my. this is "mad money" ipo zone. my three flavors are mobileali baba and go pro. are you ready to ditch your wallet? it's not all about apple. i have the winners behind the payment revolution. and clorox soared. will it become a stain on your portfolio? plus put that new iphone to use. all your calls are coming up on the lightning round. stick with cramer. you're driving along,
6:36 pm
6:37 pm
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. 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
6:38 pm
see car insurance in a whole new light. liberty mutual insurance. is the modern wallet dead? have credit cards being obsolete? that's certainly the impression you got if you paid attention to the big event earlier this month from apple. one ominous example, here's the quote, tomorrow apple will officially killed the credit card. end quote. that with all these new mobile
6:39 pm
the credit card is on the road to stings. >> every day this week i'm going to focus on a separate at spect which often goes unnoticed. i think there's terrific long-term opportunities and these stocks are coming down form why in whenr first, these payment systems are actually participated in apple pay. you may not have to fully carry because your data is stored in your phone. advice a and mastercard are
6:40 pm
intimately involved in the system. you should not think bad things about ma and v. they're a lot more about the pieces of plastic in your wallet. the heart and soul of their business is the fact they have global payment networks. right now 46 million 34679s around the world september vehiclea card. every time one of them using -- these companies take a tiny piece of the transaction, plus with cheap devices, and even app.s that it turn dr each of these companies is expanding dramatically. consumers around the world as a replacement for cash and checks. here in the united states we may
6:41 pm
think of this as an old story. and half -- an astounding 85still conducted with cash. every year we spend about 30 thrill onaround the globe. about 13% of that is processed by visa, 9% by mastercard. every year about 4% to 6% is shifting from -- and the credit card big are the undisputed titans who benefit more than anyone else. which one is a better buy? the truth is i like both companies and i like both stocks. what can i do? i like them both. they're both financial stocks that make money managers tend to glom on to when interest rates are low, because either of them
6:42 pm
have credit exposure, just card exposure, yet they still fill out as financials. in other words, they don't actually wlend people money, which means they're never going to lose a dime based on bad loans. visa and mastercard are payment processors. in this industry they each have a gigantic mode. how many times have you tried to use american express when a cashier tells you we don't take american express, but if you chose me to choose between the two, i would first beg, please take the gun away. and then i would tell you at the moment i prefer visa, because it's more consistently delivered earnings as of late. it's amazing you can have an industry with both two companies that are so great. part of that is because of the fast-growing debit card business. the market for debit cards has been growing at an incredibly rapid 20% annual clip.
6:43 pm
and this business belongs for visa, which alone can see for three quarters of all debit card transactions. now these stocks have performed very poorly this year form mastecard 21 times 16.5% growth rate. i think they're both headed higher, though. i see more up side. to me mastercard is a $76 stock that could travel to 90. visa a 23% gain. here's the bottom line creche the credit card is alive and well. the two main companies actually benefit from all the mobile payment that are causing the press to declare that plastic is obsolete. the key thing to remember is that these are incredibly consistent payment processors riding a powerful long-term sec ullr growth, though again right
6:44 pm
at this moment i think visa is the more priceless of the two.
6:45 pm
6:46 pm
6:47 pm
it is time. it is time for "the lightning round." we take rapid-fire calls, and we -- and then the lightning round is over. are you ready skee-daddy? it's time for the lightning round. justin in texas. >> caller: how about them cowboys, jim? i'm currently down 12% on r.i.g. >> the house of pain. the house of pain. >> i think three words tell it all. that's a house of pain. i wouldn't go near it. i just don't want to go near transocean. let's go to zach in new york. zach. >> caller: boo-yah, jim, how are you doing? >> real good. how are you? >> caller: good. my stock is -- >> this company is for real. it wouldn't surprise me if they have a takeover bid. it's not as good as seattle
6:48 pm
genetics, but i do want to profile it, and will in the next few weeks. alan in louisiana. >> caller: boo-yah, jim, from the bayou. we do love the abuia. >> caller: then 120 and it fell off the cliff. >> let's be cognizant that oil has fallen off the cliff and in the end eog is an oil company. you could have an oil company go up when the commodity goes down. boris in new york. boris. >> caller: boo-yah, cramer from brooklyn. my question is about american rail car industry. >> i like it, but i like trinity more, greenbriar next and then american rail car. remember these are fracking plays, and they can go down. mark in iowa, mark.
6:49 pm
>> caller: jimbo, a hawkeye boo-yah. >> how much did we love it when we were there? jim cramer from the university of iowa. >> caller: there you go. tell me your position on exas. >> you know, i like that, and everyone backed away from it, and i am sticking with it now. pat in new york. pat. >> caller: mr. cramer's son, how are you doing, jim? >> pop looked good yesterday. everything is right with the world. what's up? >> caller: i'm interested to know -- i have your book, by the way, getting rich carefully, a wonderful, informative book. my stock is restoration hardware. >> restoration hardware i think is a buy, but you have to understand that rh is one of those stocks a tiger by the tail. it can be down ten, up ten, you have to hi of this long term. most people can't take the pain. i'm being real honest.
6:50 pm
eric. >> caller: yes, my stock is alpha natural resources, anr -- >> the call is really hard to own. i think you have to be -- i don't want to recommend peabody, i don't, but i understand the call is going on. let's say we like unb. that's a great coal play. one more, richard in oregon, richard. >> caller: boo-yah, jimmy, this is richard? steelhead country. listen, i'm a seven-year veteran of your show and books. i have a question about general electric. is immelt every going to get us out of the this muck? >> it is watching pain, and i know it's got to be frustrating. they are making a lot of the right moves, but it can't seem to go higher, and it won't i think until they blow out the earnings. that, ladies and gentlemen, is the conclusion of "the lightning round."
6:51 pm
"the lightning round" is sponsored by -- 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.
6:52 pm
your studied day and night with the mobile trader app. for her driver's test. secretly inside, you hoped she wouldn't pass. the thought of your baby girl driving around all by herself was... you just weren't ready. but she did pass. 'cause she's your baby girl. and now you're proud. a bundle of nerves proud. but proud. get a discount when you add a newly-licensed teen to your liberty mutual insurance policy. call to learn about our whole range of life event discounts. newlywed discount. new college graduate and retiree discounts. you could even get a discount when you add a car. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance.
6:53 pm
is clorox in play? is that why it rallied $6.66 or 7.3%? oh, please, it's been in play for 30 years. most of its gains have come from a combination of buybacks, but frankly they haven't been that aggressive recently.
6:54 pm
but dividends, dividends have really been the sustenance here. 3% yield after today's run. it's a compounding interest play more than a cleaning play. the news this weekend there might be a suitor does make sense. as always, you have to ask why hasn't it happened already? it's true the company's acquisition of burt's bees in 2007 brought them growth, but not immediately, and the deal was at the time viewed as a colossal over pay, but they made it work. the competitors are genuine titans, and they have a lot more spending power. when i go down that aisle, they're shooting each other, with the longtime ceo, and very thought much manager announcing his retirement, i thought a joker would foment the story about the takeover, which i think what happened.
6:55 pm
who blocked it? it is a bit of a natural for unilever. consolidation in truth makes sense. i mean, c'mon, think about it kingsford charcoal, glad bags, hidden valley ranch? among many others, plus you question if they all belong under the same roof. i've been on an endless campaign pushing companies to take the real plunge to go natural and organic. they have some great natural and organic product. they should have brought a white wave foods or hain celestial. they're viewed as dilutive. and nothing transformative. because of lack of boldness here and burt's bees seven all that bold. they may pay the price of being a bond mrkt equivalent stock until something moves the needle. it's about bereft of growth as invite major companies i follow.
6:56 pm
it spent eight years of treading water. eight years. that's just not acceptable, no matter what. clorox is the quintessential plotters. -- now, i will give clorox this much. they're finally pulling over venezuela, to which i say, it's been a block hole for years, and today's rally makes this stock mucho expensive. a takeover cannot be ruled out. that said, would i buy clorox? no, not here. the stock does not belong to this high on earnings or revenues, and i can't recommend it solely on a takeover speculation. that's not the way i run 9 show. but stranger things have happened thain color robes getting a $110 bit. stick with cramer.
6:57 pm
6:58 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. 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.
6:59 pm
[ 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. go long. look people have a sweet alibaba hangover. i got to tell you, wait a couple days, but nothing real has changed. remember, the ipos i like,
7:00 pm
alibaba, mobileye, go pro. did you see how they acted today? momentum. those stocks are going to work, and i always like to say there's >> the following is a cnbc original production. [ music ] >> marijuana is the most profitable illegal narcotic. >> this is a huge business. uh, in california alone, it is the number one crop. >> and there's at least 13 gardens within a mile radius of our home. >> thirteen gardens right around your house? >> mmm-hmm. >> yes. >> wow! >> thousands of growers, millions of users, and a market in the billions. >> how much money was coming in to your marijuana smuggling operations every year? >> about 50 million. >> it's a multi-billion dollar business rife with guns, gangs, and plenty of money. i'm trish regan. join me for an unprecedented look inside america's marijuana industry. mu

239 Views

info Stream Only

Uploaded by TV Archive on