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tv   Mad Money  CNBC  October 24, 2014 6:00pm-7:01pm EDT

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>> apple is a safe place to hang out. buy puts against your long positions no t to blow everything up. >> looks like our time has expired. for more check out the website, optionsaction.cnbc.com. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. qult mad money starts now. >> i'm cramer, welcome to "mad money", other people want to make friends, i want more weeks like this. my job is to explain how this stuff happens. call me. or tweet me at jim cramer. last night we learned that a doctor in new york city had contracted ebola. the news immediately caused the s&p index futures to plummet
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last night and seemed like we could be down nearly 1% from the get-go today but it looks like the american public is beginning to recognize while ebola is a horrible often fatal disease, it may be harder to catch when we waited test aresults that came in contact with the late tom duncan, america's only ebola fatality. the panic had begun to sub side allowing the averages to put in a tremendous performance with the dow rallying 128 points and nasdaq jumping .68 and s&p advancing.17%. and that's despite a horrendous quarter last night from amazon, which caused the stock to slide $26 today. it's a testment to the actual underlying strength of the market since the bottom that a stock like amazon had very
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little pin action for all but a small handful of its internet brethren. amazon is an outlier. most of the earnings reports were stellar with total knockouts from the likes of 3m, american airlines and of course, let's not forget apple. you know what? i think next week will be more of the same, why barring more ebola news, this winning streak might continue. let me give you the game plan for the coming week because it's going to be an exciting one. first up, maerk reports in the morning. they have a leader for big pharma, they can lift the old lying drug stocks, including pfizer which just announced an $11 billion buyback. buffalo wild wings has been in the hen house since the last quarter although did manage to trally $6.40 today, almost 5%.
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i like the long term growth path. it's terrific simple formula and especially cold beer needed to cool your mouth after smoking hot wings. i hope you buy half of your position in buffalo wild wings before, meaning monday. then half area. why not all? why not all ahead of it? first, because chipotle had gone up a lot and then this stock ran so many today. we hear from one of the most controversial around, twitter, i don't know about the near term but stock acting not so hot into the quarter an that's rarely a good sign. let's think long term. long term twitter is becoming your news service and i love businesses where a company gets to use copy and you get it for free to make money for itself. that's the best business model of all. i want to own it. i don't want to trade it. tuesday is a huge day of the
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week. let me be concise. before the opening dupont reports in the earnings call will be first time that management has been publicly grilled about the suggestion by nelson pelts, a smart activist to split up the company. i can't wait to hear the response. earlier this week, a terrific industrial announced a huge buy back in a gigantic increase in the dividend which to me thinks management is bright. the pattern i found, when a company does this kind of thing, big buy back and dividend boost ahead of the quarter it tends not to blow away the next quarter. so here's what you want to do. you want to wait until after parker and then you buy it knowing the company will buy it with you. after the close tuesday, facebook reports. i won't dance around this one. charitable trust owned facebook since the 20s and feeling greedy. we're advising people to do a little trimming in a bulletin we sent out. i don't think it's another amazon.
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but i do know that stocks which run right into quarter big do have a tendency not to fare that well. i've got let's say minor trepidation, did you see gilead, much better than expected quarter. next tuesday i bet they report a fantastic number because of their hepatitis c cure. the stock didn't go up as much as it should have last quarter because of fears of new found competition. i expect the same kind of muted response this time around. we will also hear from panera bread. i don't expect a good quarter this quarter. i expect a good 2015. as the company rolls out its new panera 2.0 stores and gets the benefit of lower commodity prices. probably can wait until after the quarter if you want to buy some. finally mckesson, it puts up
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numbers next tuesday. i think they will be big ones. wednesday has a ton of earnings too. but the federal reserve open market committee deliberations will take center stage. this will be the opportunity for many commentators to debate the role of the fed with the side offering they are clueless bozos that should be tightening like mad. we already know what they are going to say ahead of time. who wants to listen to that? not me. i'm busy doing homework on real companies with stocks that can make you money and i don't think they are anywhere near as significant as anyone thinks. they were at one point, not now. but keep a lot of commentators in business. i'll be listening to wellpoint's results because this maintenance group thought to be the biggest loser under obama care is the second biggest winner. i think they have a powerful story and like dow component united health, which blew away
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the numbers, i expect good things. i expect controversial reports on thursday, starbucks and go pro. they have not participated in the recent rally because people believe it's totally hostage to the cost of coffee beans. they hedged out about 60% of the coffee cost and coffee while important doesn't really impact the bottom line nearly as much as people think. which is why i think this is such a buy into the quarter. remember howard shultz told us it's not his first coffee radio. go pro was the subject of much chatter today because oppenheimer rolled out the coverage with an outright sell saying the stock is overvalued. i've got no problem with that. it is overvalued. except i made the case for go pro saying to sell it 20 points ago. when i said enough is enough after i had seen the goat and boares surf boarding videos, that's it. who can top that?
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i'm out of here. what will happen with go pro? i believe demand for the holidays is off the charts for the whole eco system, but i also think the stock is expensive and fear huge amount of equity in the coming months. let me be real clear. the demand is huge. the latest go pro interration is a hit and they are many years of growth ahead overseas. there is a big short squeeze going on and short sellers want it down badly because it's hard to borrow. meaning it's difficult to get a stock loan to sell short. big oil speaks on friday. given important how important oil is, if they break below 80 you're going to serious sell off not just in stocks but in the s&p 500. we want to hear what they say about the weaknesses caused by a glut of supply or lack of demand or both. they are pretty honest brokers. they'll let us know.
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this earnings season has been a good one, we have the necessary ingredients for genuine bottom, the checklist. boy, did that ever work. that's allowed numbers from individual companies to shine through. those profit figures are terrific. i'll bet next week follows the same pattern. why don't we start with jack in virginia. >> caller: thanks for taking my call. big northern virginia boo ya. >> i agree. >> caller: i understand what you start your show at night you get nasty tweets but don't let the pundits get you down, jim, keep on keeping on with what you're doing, it's very helpful. >> i don't think i really impress people who walks away as a fight which has been a problem a lot of my life but i calmed down lately. >> caller: you have companies on there i never heard about, great investment ideas and i'm also glad that someone at cnbc had
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the forsythe to put you on and hopefully for many years to come. >> thanks very much and thanks to the man who runs the company who put the show on. >> caller: thank you at what you do. my stock is under armor, seems like they reported a great quarter, top and bottom lines are above and increased for 2014 and stock has gone down some. >> all right, a friend of my, brian, who does breakout stocks for the street. made it very clear not only was it not a bad quarter but going forward is a great quarter. let me put this to you bluntly, under armour is a buy not a sell. those selling it now, they'll regret it soon. didn't i tell you we had a real bottom? remember my checklist i was belittled and ridiculed for at jim cramer twitter? today was proof. that's why we've been going
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higher. apple pay holds the promise to change the way money is exchanged around the world. i'm revealing a play you have not thought of. the secret link to every transaction. you've got to stick around for this one. then the stock ugg boots got kicked around today. can it get back up and run again? a stock is that surged 80% this year alone could pose a direct threat to your money because it's so steaming hot. find out if it's lurking in your portfolio next and stick with cramer. >> don't miss a second of "mad money" follow us on twitter. have a question, tweet cramer. #madtweets and send jim a e-mail. or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. we put all the apps you love...
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when ever you have a really big winner there comes time to clair victory and ring the register. anything else is pure greed. you know what i say, bulls make money and bears make money but greedy little hogs get slaughtered. it was touf to say no, go to go pro when it got to the 90s and difficult to part with amazon a while back. today i feel good about my positions, both of those, because they've been hammered. which brings me the long time cramer fave, panw, they pioneered the next generation fire wall and taking share left and right. they have been very good to us over the years. i started recommending this one before it even became public in 2012 and since the ipo the stock has given you 158% gain. >> hallelujah! >> it is up a quick 9% since we interviewed a ceo a month and a
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half ago and the report in early september renewed as a magnificent 59% revenue growth and 64% increase in billings. now, i still think cyber security is a fabulous long-term secular growth thing and thing pal loal to is best in cyber security space but it's time for you to start selling, i can't believe i'm saying this. there's a limit to how much we'll pay for the stocks of even best of breed companies, in kram cramerica, i'm declaring victory in palo alto and take the money off the table. the reason, they may be a good company but at these levels no longer a good stock and too many risks to continue to recommend it. the stock has become darned expensive and little more than two year's time it rallied from the ipo price of $42 to $108,
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running in a straight line with only the occasional pause or pull back. right now palo is expected to roughly a dollar per share which means it's trading at yes, more than 100 times next year's earnings estimates. that's extremely pricey, even for a company with a 42% long-term growth rate. remember my rule of thumb, don't pay more than twice the growth rate for even the best stocks which in palo alto would mean 85% more earnings and even the most stretched valuations i can justify. why i said amazon got to expensive and go pro. this is just too expensive for me to tell you too continue to buy it. i rarely put stocks -- because of valuation, that's lazy thinking. we need something else, something wrong or askew before
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i put my foot down. when it comes to palo alto, first yellow flag, first one for me was the fact this company has been experiencing some insider -- some massive insider -- they have sold $450 million worth of stock. this is only $8.5 billion company. that's a ton of selling. insiders telling me it's not like insiders buying. they can sell for many reasons, maybe a senior level executive is getting divorced. maybe one of the founders wants to buy his own tropical island or small plate mexican restaurant. i could go on endlessly. but selling at $450 million worth of company in just three months? that's a huge number. more like insider dumping. meanwhile, this is happening at a moment when wall street is incredibly optimistic about prospects. the analysts cover the stocks, 24 buys, not a single sell. regular viewers know i hate it
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when everyone is bullish about a company because there's no one left to buy. if you would endorse or own, you probably already done so which means this stock is yes, practically priced for perfection. when you take a look, a hard look at the financials, it's clear while this company is good, it ain't perfect. first of all, they are doing fabulously but decidedly not printing money. from 2011 through 2013 the company was able to generate positive free cash flow. beginning in the first quarter of the 2014 fiscal year the company started burning cash and burned 44 million in the first quarter and 4 million in the second quarter and pal they were on track to burn another 30 million and that would have brought the cash reserves down to 200 million, not much money given the highly competitive market they play in. they got the fire eye, ibm. but then they pulled the rabbit out of the hat and raised $5
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million through a convertible bond offering and it makes me think they may be topping out. you see, this is a piece of paper that pays no interest but it can be converted into stock if the share price goes above 110. honestly, if the stock rallies above 110. i don't see why the bond holders wouldn't convert. if they do, that would increase the share count by 5 million shares. i'll explain why. when you increase the number of shares, that's bad news for existing shareholders. the convert is always figured into the earnings. if they go above 110, it's possible we could see dissolution. i don't know if shareholders can afford it when you consider they are already planning to create a huge quantity of new shares. 77 million shares outstanding in early 2014 and could go to 93 million shares by the end of next year. you know i love buybacks.
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this is an opposite. and it seems to be an awful lot of it. when they issued the convertible bond back in june, stock was trading around $80. but that's where we are. it's why i think the stock has a convertible hard top at 2010. less than $200 above where it's trading. a ton of stock could get dumped which could -- not going to send it flying. here's the bottom line. i like palo alto networks the company but the stock has gotten too expensive and it seems insiders agree with me they are selling shares hand over fist. throw in the fact that the $500 million worth of convertible bonds cod turnnto additional shares, right above where they are currently trading and you can see why i think they are a sell. notice i'm not making judgment about software, which is very good or its management, which is
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excellent. i'm not fire wall expert. they are but i know stocks. this one is too expensive for me not to declare victory and move on. all right, there's much more ahead, including the huge shift in the way we shop. apple pay is getting the buzz but you may be overlooking the biggest winner. i'll unveil it and the company behind ugg boots posted a big quarter. we'll get the details from the ceo. ebola panic sparked a lot of movement in the market. but should it be a factor in your next move? don't miss my take. (receptionist) gunderman group.
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because the future belongs to those who challenge the present. now that apple pay has gone live this past week, i think it's worth circling back to the payment technology business. this could be a huge opportunity here, it's hidden in plain sight. to me apple pay recommendation the van guard of a payment revolution, which is why last month i highlighted many of the companies that are participating in it and benefitting from its rollout. everything from visa, master card and to the technology side, the semiconductors, the security chips and their communications technology makes the actual mechanics of apple pay possible. you wave your phone at the
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terminal. it's not just apple pay or pay pal that are changing the way the business works. there's another important factor here and that's security. all of the high profile retailers like target, even p.f. chang's, i like some of that stuff there. they put the credit card information of millions at risk. when you put these together with the security breaches we're now in a moment where retailers will be dragged kicking and screaming if necessary into upgrading all of the payment terminals. that's right. this looks like the beginning of a sweeping domestic and seismic international upgrade cycle for point of sale systems. who's the biggest player in the business? veriphone, pay. we have total installed base of 8 million payment terminals.
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verifone made 5 million and has another 4 million overseas. they make point of sale terminals combatible with near field communications, touchless technology behind apple pay, as well as what's known as emv, credit card that contains a microchip which prevents counterfeiters from duplicating your card. while the stock is up 28% year to date. i think it has a lot more upside, which is why i'm pounding the table on this one and telling you, yes, it's still a buy. what makes verifone still attractive and i've been liking it for a while but really now. there's the fraud protection side of the story. because of the all of the data breaches, they have given retailers an ultimatum. one year from now, october of 2015 they've set a deadline that changes who's libel for credit card fraud. right now if someone steals it and makes charges, it's the
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credit card issuer. in one year that's going to change. the new rule, for counterfeit fraud where someone gets the data and makes a copy of your card, retailers could be ones who are libel if they don't have emv chip enabled point of sale terminals because the whole point of emv chips in credit cards, they are supposed to stop this fraud. in short, if you're a retailer and don't provide emv chip enabled point of sale technology by next october, then if someone uses a countserfit couredit car the company won't pay for fraudulent sales. they are ganging up on retailers, given that there are 100 million dollars worth of fraudulent transactions every year, that gives retailers a major incentsive to buy new emv enabled terminals and i'll bet
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they buy them aggressively from verifone, it is the undisputed market leader in the business. now, let's get to the real catalyst here, apple pay. nearly 70 million apple pay enabled devices could ship over the next two years, that's twice of number of american express cards currently in circulation within the united states. if a retailer wants to accept apple pay, it needs a point of sale terminal combatible with the technology used by apple. that's another big reason to upgrade systems which means more business for verifone, i think they are going to make it so retail customers will demand apple pay. if that happens, there's no way retailers can hold back from giving orders to verifone, for the chip enabled systems and demand for communication systems to communicate with apple pay, i think we could be witnessing a major upgrade cycle for payment terminals well in extent of what we've already had. for example, right now 30% of
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terminals in the country are emv compatible. at the very least we're talking about $250 million incremental revenue opportunity and expected to earn $2 billion next year and i think that could be very conservative. they are a high quality, beaten wall street estimates for the last four quarters. i expect the company to be able to poeflt 9% annual sales growth over the next few years and dramatically boosting margins. a number of initiatives designed to improve operational efficiency. let's put it together. i think they could earn $2.50, considering the highest single digit earnings growth and the stock trades at 17 times earning estimates, those get you to $42.50 per share. that is up 24%. longer term, i'm right about this point -- if i'm right about the terminal upgrade cycle, i expect they'll be able to generate a faster growth rate
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and mark reward stock with higher price which could pro tell the stock as high as $48. that's a 40% increase over the current price. if pay pal wants to complete with apple pay, perhaps the easiest way to do it would be to just acquire verifone, they are not that expense $3.9 billion, that's brilliant. i want a fee of 3% of the de. i'll retire and respond to the haters ats jim cramer all day. right now we're standing at the beginning of a major upgrade cycle when it comes to point of seam technology. they are forcing retailers to adopt new payment systems and you need the right kind of equipment if your store is going to accept apple pay or else -- put it all together and i think verifone is a big winner and i think it is headed higher,
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perhaps much higher if you think as i do that apple pay will be game set match application for the entire retail universe. let's go to cody in idaho. >> caller: hey, jim, i was wondering what your thoughts were on jd.com. they did well when they opened up but now they are starting to sink low. what do you think i should do? >> i think it's terrific. i would not -- i would buy at any weakness, but as good as it is, ali baba is even better. lance? >> caller: boo ya, cramer. i bought calls based on your recommendation and it kind of went down although apple has rallied pretty well. what do you think about it? >> it went up really big and came down off the microchip call then went back up when the business itself and i think the stock is a buy. it's all over the map right now
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but it is in the apple -- it's part of the apple payment system and we like it. we're sticking by nxpi. it did get too hot. not too hot anymore. all roads lead to verifone. there is much more "mad money" ahead, including what the headlines about ebola mean for your dollars. best week of the year for stocks, we'll look at the week that was as i did say that the checklist said it would be a great week. first the company behind ugg has been expanding the comfortable cushion beyond your wardrobe. why is that leading to a contraction in the stock price. kind of puzzling. i'm looking for opportunity next. stick with cramer.
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narrator: these are the skater kid: whoa narrator: that got torture tested by teenagers and cried out for help. from the surprised designers. who came to the rescue with a brilliant fix male designer: i love it narrator: which created thousands of new customers for the tennis shoes that got torture tested by teenagers. the internet of everything is changing manufacturing. is your network ready? what the heck is the matter with decker's brand, the maker of ugg boots and other footwear brands. this company had been making a remarkable comeback over the last 18 months and last quarter was a thing of beauty. then they reported last night, although they beat wall street's estimates it was a perfect
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picture quarter, delivering 14% earnings off 1.03 with higher than expected sales of 24% year over year. a very big up day for the market. dropped $6.54 in a single session. why? because, here some of the speculation, some say the forecast for the holidays was somehow seen as disappointing. so was this the sell-off was right or justified? or perhaps the stock has been unjustly punished creating a unique buying opportunity. let's look at the chairman, ceo of deckers brands, more about the quarter and prospects. welcome back to "mad money". >> hi, jim, good to be with you. >> i read through the quarter and know the power of this is a different deckers brands, ugg
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boots, very strong, lots of other brands now. this stock got punished today. was it a fair punishment? >> i must same, i'm three things, i'm per plexed. i'm befudled and style mied. here we have a quarter in which we beat last year's results in both earnings and revenue by 20%. we have guidance for the fiscal 15 of 15% revenue increase and almost 16% earnings increase. we're up in unit sales for the quarter. our new product is well received, selling exceptionally well. so i in my mind those are all good things. i have a little per plexed about why that's a negative today. >> i have to say, i went -- let's take an example of a person who likes your stock, jeffries, the outlook is a little light.
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despite the large beat, management raised earnings per share outlook just five cents, implying a downward revision to guidance in the second half. is it really an effective -- is that really true? >> i don't see it that way. i think our guidance speaks for itself, 15% revenue increase, almost 16% earnings increase. doesn't look -- doesn't sound leak a down expectation to me. >> i know that wells fargo was saying european comps were down due to warmer weather and they are concerned about the weather. but we're going into the winter not to the summer. that's right. the other thing to jim, our product is the most diversified offering we've had. we outperformed our expectations even for the summer product line that we've had. unit sales are up year on year.
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we've had just an exceedingly well received product line from consumers and we haven't even hit our prime selling season yet. so we're very bullish. very optimistic. we feel we're doing things from a marketing perspective too drive consumers to both our directed consumer channel as well as whole sale partners. the marketing spin is just kicking in, just starting, begins middle of november. so it is a very early stage in the game going into our prime selling season. >> let's talk about away from ugg boots, there's things coming up that people should realize, you're talking about putting the brand of specialty running shoes, sports authority, finish line, starting january 2015. a quarter where a lot of people think, that's the tail end of ugg boots, would to me say it's the beginning of another set of brands that have really taken
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off. the numbers from those brands were extraordinary. >> i think our numbers continue to perform extremely well. we are going to be now in the beginning of january and over 100 stores in a much broader distribution than specialty running. our product and teva product continue to perform well and that's going into their primary selling season in the spring. it is -- as i said i think it's perplexing and we fully expect to beat expectations as we tend to do in terms of performance and execution. that is our -- that's our mission and we will do that. >> i want to make it clear. from the holiday media plan launches november 17th and runs until december 28th. i cannot believe you are guiding down given that the media plan will be so big and you're going
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to be very visible in the next couple of months. >> this is a time of year i look forward to. again, a diversified product offering this year. in past years, three or four or five years, we're very dependent on classic product. but our fashion product and our cold weather product has just really come along consumers are already voting. obviously now as winter months kick in, we're in prime position, particularly against all of the competition, we're still with the ugg brand the most desired brand in the holiday for gift giving and we have been the most researched and googled product on the web in the last few years. and so consumers have a love affair for this brand that really kicks in as soon as the weather gets a little crisp. >> i'm glad you came in and made it clear because it's very rare i see a quarter where there's so many congratulations and then people don't rally behind it. i think it's a mistake, i'm with
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you. chairman, president and ceo of deckers brands. thank you for coming on the show, sir. >> thank you, jim. >> look, you get a discount, very rarely you get a discount from a quality company going into the most important season for the company. i say take it. ♪
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it is time for the lightning round! are you ready? time for the lightning round. ann in new jersey. >> caller: hi, jim, thank you for taking my call. i was just interested in -- i justin vested some money into
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southern company, so i was wondering if it's a good long term -- zpl i like southern because i leike a good solid yield. you're in great shape. tonya. >> caller: i bought shares back in july as a short term investment and it plummeted and recently turned the quarter and up. i'm wondering your opinion holding on to longer? >> newlink, you'll sell half tomorrow -- monday, it's way too speculative. you give that back if we understand we want you to sell half. maria in washington. >> caller: hi, jim. i've got 500 shares of home loan servicing solutions, every time the new york regulator goes after -- my stock goes down. >> too risky, that's a red flag yield. i don't like that.
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i think you really got to make a move there. mortgage servicing assets, we're worried right now, my own critique. jim in new jersey. >> caller: this is jim from garden state. can you tell us something about bdsi. >> a very speculative stock but willing to bless it because it is working. terrific. let's go to cal in california. >> caller: jim, how are you doing? boo ya. i'm wondering with the price of oil being the way it is, should i hold, buy more or sell my all-american -- >> i think that's a terrific stock. so much good. do not sell it if. it gets back to 5% yield, buy more. that is the conclusion of the lightning round.
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halloween boo-ya. first halloween one we've had. whoppers have to go. i hate whoppers, they are steal from the day they were candy. >> i'd throw them at people rather than eat them. can't stand them. i had some gumny -- swedish fish last night -- let's go anthony in new york. anthony? >> caller: ba ba boo ya, professor cramer. >> there's someone who has real game. you should be in our fantasy league with that. >> caller: a shout out to the river hawks if possible. >> it's been done. i can't repeal the shout-out. >> this is anthony from carol gar agains home of the famous bar san miguel.
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i appreciate the hard work you do for us. >> my staff is great. i want to shout out names about who's game like justin in camera work. justin, shout out. panera bread. i love the asian chicken salad side of bread. you'll get another shot to buy even lower before its dough rises once again. it is so good. >> this has been sitting around all day, right?
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if the stock market is going to get hit, every time in the united states sidelined with ebola, the way the stock futures got pounded last night. then you should be prepared for a lot of dips because it's going to happen again and again. as long as we have no 21 day quarantine for health care workers coming back from the hardest hit areas in africa, we're going to get new cases of ebola. as long as there's no registry we'll have more fiascos, there's no way around it. to be sure, i'm not just talking about detaining a health care worker at the newark, new jersey airport as happened this afternoon. until we can be sure that person is not ill and cannot make others ill.
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what i think we will discover is that while there will be panic after panic after panic with each new distance, like we had last night in the s&p 500 futures, believe me -- pretty quickly, perhaps incorrectly, get desensitized. last week's panic was horrific. last night's panic didn't even last 24 hours. if you sold into the fear at the opening, you missed out on the rally. eventually the panicking will stop agent as soon as someone says sure you can come back here from places stricken by the disease, but you have to be quarantined for three weeks, we quarantine people with tuberculosis, why can't we do it for ebola? it won't -- i don't know how much it will stop it frankly, but it is much better than we have now from people that come back from infected areas. we have a hodge poj of self-regulation, neither rigorous nor intelligent.
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by next year we'll likely develop a treatment to stop the virus from spreading. we know from speaking to the doctor this week, jeff spader, chief scientific of the giant research firm, we can't expect anything much sooner. the process is extremely fast tracked but there has to be rigor and it takes time. all stories did instant vaccines are false and all stocks that rally on of possibilities are going to go back down. frankly, i think the battle against ebola is a long siege being waged in west africa. they have an epidemic that killed thousands. in the meantime we have to accept there's a contagious often fatal disease which may cause occasional disruptions in the country but life here will go on. ebola will be contained within reason, if not cured one day, hopefully in the not too distant
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future. as i read stories about the doctor coming back, i was amazed once again at how stupid well educated people can be. we know the protocols are good ones but in the end so what. an ounce of prevention is worth a pound of cure, especially since we don't have a cure. you can however enforce it. isn't that what our ebola czar is for? where is hopefully not in the winter palace. by the end of the day you made more money holding on to the stocks. i'm not saying should we get used to the scares or stop caring. but everyone who sold into the ebola panic ended up feeling like a chump by missing a magnificent rebound. you may not want to sell aggressively the next time we found out some health care worker is suffering from a disease, caused a horrific death toll in africa, only caused one
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fatality in our country to date. you may wonder, why the heck you sold in the first place? stick with cramer. ns.
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>> 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.

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