after-hours session. a of the analyst told his grandma to get into contra resources. so what should grandma do next? >> great question. straight over to you guys. >> thanks a lot, kelly. "fast money" starts right now, overlooking new york city's times square. our traders are tim, pete, brian, and steve. lots of breaking earnings news at this hour. a burrito bomb for chipotle. shares falling after the company's revenue came in below estimates, but we've got someone who thinks the stock is going to $760 a share. and gilead getting hit hard. discounts for its hepatitis c drug overshadowing the announcement of gilyard's first ever dividend. we'll bring you the latest. plus, news from wynn and disney. a market rally and a commodity comeback. oil closing on its highest level of the year today.

copper, take a look at this, up 6% since friday. is this move more than a dead cat bounce? what do you say, brian kelly? >> i would say it's probably not more than a dead cat bounce. i still think nothing has really changed since friday. what i think you saw today was a massive unwind of all the positions that were put on in january. then you saw the dollar start to go lower. as soon as you have that rip in all the commodity currencies, australian dollar, canadian dollar, those names, then everything else took off. i personally am still in the camp that this is some kind of a dead cat bounce, although a ferocious one, and i will give kudos to tim. last week he stood right over at that board. >> you're saying it's a short covering rally. can a short covering rally be the start of a more sustained bounce? >> it's always those guys that are quick and nimble. it's a possibility that we've seen oil bottom. i don't think that's the case just yet. last week we had oil rally for a couple of different reasons.

you wind up having that kirkuk headline. >> we have every single oil company cutting their expenses. >> it is fundamental, but it's not immediate effects that should rally. the biggest headline today was china's stimulus. but also you had greece become less of a risk on the table. so you see everything rally against the dollar. so that trade had to be unwound. therefore all trade unwound. >> skeptics over here. how about you? >> a couple things. even if you just want to say the commodities have stopped going down, that's very good for commodity equities. i've been saying that for weeks now. i think copper is more important than oil here because i think copper was bullied by oil prices. it brought cash costs for copper

companies down, so people thought spot copper could be going down. what do i think overall? i think first of all, greece is not a factor. i think it was a lot of noise. a lot of commodities can rally. that's where you get this classic inversion trade. i don't know that you have to say everything is going to the moon, but there are very good things happening that are softening some of this risk aversion. >> inventories, that's going to be a huge data point for oil. if oil winds up rallying in the face of a glut, if they print a glut, then you have to admit that the bears right now short-term are wrong. >> at this point, do we need oil to show signs that it's not going down any more? in order for the broader markets to rally? we saw the leadership today was energy, of course. materials and industrials. >> right. and then you also get the participation of a lot of the other different sectors that had been beaten up as well. when you look at energy, since last wednesday, look at the price of oil.

oil is up 12%. but look at that volatility in the oil index. that's up over 16%. that tells you a couple of different things. yes, there's some fundamentals right now. we know about the rid counts. we also know about all this cap ex and all of that adjustment as well. but i think you also have to take into account the shorts have been caught. i don't know that they're getting unwound. i think they're caught and trying to chase this thing. you're seeing these explosions. how about just today alone? the late explosion as oil started to fire up to the upside, got to 53. look at the ovx the way that exploded from 57 towards 60. >> you think it's going back higher? i would be selling oil vol. i think we priced in so much mania, and that a lot of these extreme moves are behind us. >> well, the idea of selling it, that doesn't sound bad because you're right at the highs. you're literally around 60, 61. and the range has been very, very tight recently, but it's been between 50 and 60. i think right now you'd better be careful, because the move down could be just as swift.

this is no longer a market where everybody steps up. it's elevator up, elevator down, elevator up, elevator down. >> we've got more on which oil stocks to buy later in the show. meantime, chipotle getting hit after beating on earnings but coming in light on revenue. for more, let's bring in bob darington. great to have you with us. >> thanks, melissa. >> investors were geared up. they believed in the last conference call that chipotle was getting very conservative guidance and here we are today. so this is a massive disappointment. what are you looking for in the conference call here? >> you know, the difficult thing is, you know, expectations. and this company generally has, you know, pretty lofty expectations, especially when they've had the recent track record of beating numbers as considerably as they have. i guess the thing that was somewhat disappointing, revenue a little bit light. same store sales were a little bit light. there's a whispered number on the street expecting same store sales approaching the 20% range.

they came in at about 16.1%. but that in and of itself wasn't most of the story. i guess in my view, a number of things that benefited the earnings -- you know, the earnings number beat the street. they beat our expectation. that's the good news. the bad news is how they got there. you know, certainly gna benefited that. it was lower than what both we and the street were modelling. it added about 3.5 cents per share. the store level margin wasn't quite as good as what i think generally was expected and the tax rate was considerably lower, benefiting from likely the renewable target tax credit. that add almost 19 cents to the reported earnings per share numbers. when you back all those out, it wasn't such a great quarter after all. >> this should have been a quarter where chipotle would have benefited from declining gas prices. we're setting up for tougher

comparisons, expecting same store sales growth to decline, and yet we have this lofty valuation, which is probably more than double a mcdonald's, let's say. higher than a wendy's. higher than all of its peers. is there even a reason to hold it? you've got a hold rating on it at this point. >> well, clearly, the whole rating kind of reflects my general opinion that this is a very volatile company. operating trends, while they've been good, typically come up with a few things on the horizon that keep us a little bit cautious. one of the most substantial ones is the slippery slope of decelerating same store sales. you know, this company has had tremendous success in 2014 with very, very strong same store sales through the course of the year. however, it's the law of big numbers. 2015, we're laughing very big numbers. on the call, management essentially was talking about same store sales flattening later this year. well, you know, let me tell you, those are words that

typically -- you know, especially for investors who look at a name at the valuation that chipotle trades, you know, makes people a little bit squishy and skittish. >> all right, bob. we're going to leave it there. thank you. >> thank you. >> what do you do with it? >> you can't have a 36 times multiple and grow the way they're growing. it's nice to feel right about this one. i think this is down to 600 the operating margins are going to be very good. they're going to be 28% to 30%. people want to see the top line growth. i'd rather own mcdonald's. if you remember 2012, the stock went down 46%. i'm not saying it's going to do that here, but it got way ahead of igttself. >> not only do they have pricing power. crucified the 6%. i think there's room to add to that. expansion possibilities in '15 and '16. i think there's strength there. sitting at the 50-day, that's a level that everybody's looking at. i like the stock down here.

i think there's an opportunity to selloff. >> you'd buy. >> yes. now disney rallying in the after-hour session on the top and bottom line. just spoke with bob ieger. she's got the latest. julia? >> the key takeaway here is that bob eiger's strategy is really working. just calling out "frozen" saying this is the first quarter that we're really seeing the full impact of "frozen" across the entire company. all of the divisions this quarter, the company showed growth. >> i think it's a great testament to a strategy to focus on our great bands. parks and resorts benefit from that, but also some operational excellence, and clear demand around the holiday period. just about any way you look at i

it, the company had a great quarter. it says a lot about the assets that this company now has. >> in our interview. iger sounded quite confident that this kind of across the board growth would continue on the strength of disney's franchises as well as a couple of other factors. he says he's bullish in consumer confidence. he also says measles have had no impact on attendance at disney land. and attendance and reservations are up at the parks so far this quarter. as for espn, which is another big growth driver for disney, iger says he's not concerned about cord cutting. >> thanks for that. what do we do with disney at this point? this would be a new 52-week high for disney. >> it is. but i actually think this is on its way to 100. >> $3. >> huh? >> all right, all right. >> we're entering the phase where it starts to go parabolic. it doesn't mean i buy this thing

tomorrow morning. can it get any better? you're going to have this big spike up, and i think next quarter could be a problem. so you start to trim out of it here. particularly if it gets to 100, 105. >> ross is a big fan. he's looking forward to cinderella. i am. they own the calendar. they own content. content is king. when you look at that consumer products, that's a $4 billion number that these guys printed. median networks, $21 billion. they're hitting all cylinders, higher than $100. >> higher than $3. >> going out on a limb! >> take the over. >> you guys are gutsy. >> gilyard reporting its first ever dividend, but discounts sending shares lower. could this be a buying opportunity? and an earnings miss for wynn resorts. we've got the latest from steve wynn after the braechblg -- break. tdd# 1-800-345-2550 [ male announcer ] your love for trading never stops,

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river shares of gilyard dropping. let's get to meg with the details. >> it's been a crazy after-hours session for gilead. a beat with $3.8 billion in revenue versus $3.5 billion for the estimate. also overall in revenue and eps for the quarter.

but the guidance coming in a little bit conservative, which folks were potentially expecting. backing out from 26 to $27 billion in product sales, guided to looking at hepatitis c sales. compared to a $15 billion expectation from the street. so missing there. of course the big news is that gilead announcing its first dividend of 43 cents a share per quarter. and also a $15 billion buyback. so that's some big news. good for shareholders. but we're seeing the shares dropping as gilead is talking about the rebates its expects to be paying in 2015 for those big hepatitis c drugs. saying it's all tied to getting more access to the drugs, but looking at about a 46% gross to net adjustment for those drugs compared with about 22% in 2014. saying that's a result of a shift toward more public payers like medicaid and the v.a. take a listen to the call just

now. >> medicaid, medicaid, and the v.a. exceeding 50%. again, these high levels of rebates are tied directly to opening up access, and streamlining the process, but starting a patient on therapy. >> now they're saying as a result they're trying to get more access, that there's a capacity to treat as many as 250,000 patients in the united states, however seeing their guidance assumes less than that. quickly on the pfizer news, which got maybe a little bit hidden in all of this gilead flurry coming out. receiving approval two months early for their best cancer drug. their trade name i grants. this could draw $1.4 billion in 2016 revenue for pfizer. good news there. >> meg, just going back to gilead, is there a sense that these discounts will level off? now they're going to be competing against something approved in december, so the head-to-head conversation hasn't even really started with that. >> we've been seeing these pbms

establishing exclusive deals, which started some of this competition in giving rebates. what's really interesting is you're seeing this more than 50% rebates being given to medicaid in the v.a., and that's treating a ton of these hepatitis c patients. so really talking about trying to get access there. reaching more patients at lower price and seeing that kind of impact. of course, merck is a third player here. and we could see that coming on the market in 2016. so that could drive an entirely new element to this. >> all right, keep us posted. thanks a lot for that. pete najarian, you're disappointed. you're in gilead. >> i think this knee-jerk reaction -- now, obviously -- >> it's knee-jerk reaction? these are major discounts being given. >> we all know that there's competition. we've known there's competition. they gave us the guidance. i think with that, the stock down just a couple of dollars. 102, it's still a value.

>> ei think you stay neutral on the stocks. we still haven't really seen the impact. i don't think you have to chase it. fantastic company. it's nice that they're rewarding shareholders here, but maybe not enough. >> wynn resorts falling as well. jane wells has been on the conference call, joins us from l.a. with the latest. jane? >> hey, melissa. steve wynn talking right now on a call about optimism he has on the las vegas strip around his properties, as more money is going in and how that may approve that. but big miss all the way around and pretty much everything down if a year ago. steve wynn saying on the call that january business is still off. maybe like 40%. but the mass gaming business in the lower end is up 26% in january compared to a year ago. in a week, wynn will open a new area in time for the chinese new year dedicated to the i.p.

business with another 40 tables and targeted areas. "i think february is beginning to see an improvement of some sort," he said, though he admitted with continued scrutiny by the central government over v.i.p. junkets, "china remains a big question mark, we have more questions than answers." >> we have learned in the last 12 years the way to behave in china, and that is to listen very carefully to what the leadership says, and to do our best, to be helpful, and to conform with the program as we are their guests. >> he says he has to be patient. there's not much else he can do. the wind palace looks to be happening some time after that. he says he's insecure about the short-term there, but long-term, it will become "the most dynamic tourist destination on the planet. not much talk, guys, about vegas. not much good to say there, except he's now talking up the future. gaming revenues last quarter fell nearly 60%, but he is looking ahead to the development

outside boston, saying "i'm feeling great about boston." melissa? >> thanks a lot, jane wells. interesting, because we just got the data point from las vegas, which sent the shares and the sector higher on the back of better than expected earnings. a different story. >> you're hoping for something, and steve wynn just said it. he's got more questions than answers right now. so if everything is built on the back of china's stimulus in china, i think you have to just wait and see. the whole space looks identical on a chart. if you want to start to pick away at these names, i don't think it's necessarily a bad idea. when you look at las vegas, you get that added kicker of singapore. wynn doesn't have that. >> i would not look to china's stimulus to make china gaming better. it's just not beginning to happen. >> china regulation. >> it's a whole different story. i would say it's going to 100. >> i think if you look at wynn, 140 is a purchasing level on the stock. i think the v.i.p., which is 35% of their value, is starting to recover. i think the comps are much, much

better going forward. i think somewhere you start to take a shot on this name. coming up next, move over kanye. htc is going straight up hip-hop, making a rap video as a way to diss competitors, apple and samsung. >> ♪ your phone was all glass why you change it now ♪ ♪ your chip is slower but you'll never touch our phone steals ♪ >> much more, and if apple and samsung are ready to retaliate. this thursday on "fast money" -- >> you pounded the table. >> this is a stock that definitely people are buying for growth and looking for different match-ups. >> they announce video and group messaging. these are the sort of functionality i think a lot of users want. >> twitter is the largest newsroom in the world. >> it's not a disastrous quarter either. just wasn't good enough. >> instant analysis of twitter's earnings report, starting at 5:00 p.m. eastern. you just got a big bump in miles.

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beat their 10-year lipper averages. so wherever your long-term goals take you, we can help you feel confident. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. call us or your advisor. t. rowe price. invest with confidence. welcome back to "fast money." macy's upping its 2014 guidance. that's higher than the previous forecast of $4.25. it's also said that comp sales grew 2.5% in the fourth quarter. it's a luxury beauty products

and small service retailer for $200 million. to instead concentrate on broader growth strategies. it's been widely believed for some time that jeanette is the heir apparent. it allows jeanette to focus more on the big picture strategy for macy's. of course, the company is not exactly saying that that's the reason why. melissa, back to you. >> all right, courtney, thanks for that. i didn't notice this at all until it was up here. there's a spike there right at the close where it went higher and fell right back down. i don't know if you guys noticed it. >> any kind of leaks or anything like that? >> it's strange, right. >> if this is paving the way for a transition that people are expecting, why is it a negative event? we talked -- maybe it was the

acquisition that wasn't big enough. i look at macy's, and i see clearly one of the best operators in there space trading, so there's probably a number here we don't see. i like macy's. >> technically when you look at macy's, it's this 50-day moving average. i would say just as tim said, they're a great operator. they always have vendors over a barrel. everyone who deals with macy's always says they have a better negotiating point than the other department stores. kohl's stores seems to me a little bit of a break out method here. it's very volatile, but to me it looks like it wants to go higher. >> a big day of gains today ahead of earnings. on thursday, the company saying it will begin to sell its advertising product that promoted tweet outside of twitter, blocking in partnerships with flip board and yahoo japan. and tim actually bought into twitter today. >> i think if you look at where the street is lined up for this, and i think the buy side is a little higher than the sell side on this. but 460 in revenues is something i think they're going to be.

we've already gotten downward guidance from the company. i think that's largely in the price. 2015, the comps look okay. 14, a good season. why did i buy it? i think it's a company that's starting to hit its stride. i see an inflection point. as i said yesterday, they're going to grow at 100%. it's better than anybody in the space. they are finally monetizing. it's time. >> we said this, we made this point again and again, that maybe this is the facebook moment for twitter. >> absolutely. that's exactly right. and just like facebook, they're starting to understand how to play the game with wall street analysts. facebook initially shunned it. now we've got anthony in there. a wall street veteran understanding what it takes to talk to analysts and how to do it. i've said they need to do one thing right. i'm not sure this is that one thing. but just like tim, i think it's a step in the right direction. and i still like twitter here. >> how do we set up in the options market. >> they're looking for something pretty extreme. i think the one thing that none of you guys brought up that i find interesting is the one

puzzle they haven't solved yet has been engagement. how do they keep engagement? that has been the biggest problem. people talk about growth of this, that, and the other. how do they keep those folks engaged? that's where facebook dominates. >> instant timeline is what they're hoping. next up, htc officially getting into the rap game with its latest video. taking on both apple and samsung. >> ♪ if my power's low i stay alive ♪ ♪ with extreme power saving mode ♪ >> now, the entire song is actually two full minutes and 33 seconds. apple still has the go-to product. they still own the market share. it's an apple world.

htc is trying to garner a little attention. apple up 7%. >> i look at what apple has been able to do. absolutely extraordinary. still ahead, the shale stock that one analyst was so adamant would rally back. he made his grandmother buy in after being on our show. the big unveil and how that stock is doing now along with grandma, next. plus, why the u.s. may not be the best after all. stay tuned. ors! vectorvest mobile is here and it's free! make faster, smarter, better trading decisions with vectorvest mobile. the most powerful app or managing your portfolio from the palm of your hand. only vectorvest mobile analyzes, ranks and graphs... ...over 16,000 stocks worldwide, everyday,...

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still ahead, the conference call wrapping up right now. we'll bring you the latest. the oil trade that even grandma is thrilled about. what analyst's grandmother is making big bucks on his last

call. reporting tomorrow after the bell, we've got all the details. first, let's kick it off with the latest from the chipotle earnings call. dom is in the newsroom with all the details. >> they're talking about a number of different things on the call with regard to commodity costs, trends for the future, sales growth trends. $3.84 for earnings. $1.07 billion in revenues. just slightly below the 1.08 people were expecting. about 16%, .1% to the upside. that's just about in line with estimates. on the call, they talked a little bit about what's happening with food, their menu items, specifically the costs that are being perhaps incurred by the company. what they're going to do about them. one thing they address was the rising cost of beef in the call, and remember, chipotle customers maybe are able to suck up a little bit more of the price increases that are possibly passed on to them. this is what the company is now saying about what they may do with prices going forward.

take a listen. >> we're considering a targeted price increase later in 2015 on our stake aeak and barbacoa. we expect any increase to have a relatively modest impact on our overall results. it depends on our ability to charge a fair price for the ingredients we serve, and we're not quite doing that with our beef right now. >> so, guys, you can almost hear frit the company and the cfo himself. the part of chipotle's business model that a lot of people subscribe to is this idea that they want to serve quality food and serve it at a fair price. sometimes that means those prices go higher, so just one of the things that they're bringing up in the conference call. back over to you. >> thanks so much. if i am a chipotle consumer, and i've already gone through the first price increase, the company is exacted on me in three years, and now they're telling me if you want steak in your burrito, you've got to pay

more for that in 2015. >> i think their customers will react exactly like starbucks customers have reacted. they're going to suck it up, they're going to like it, and they're going to continue -- because they like the quality. >> i don't agree that they're going to grow at 17% again. the comps are ridiculous. >> the comps are tough. the growth is tough. but they continue to come in. everybody talks about these misses. the numbers are fine. >> oil staging an impressive comeback in the past week. crude is now up around 20% from last week's lows. last month, global hunter securities analyst mike kelly was so sure that one shale play would bounce back, even his grandmother was buying in. >> when i was on the air, "fast money" halftime report a few weeks ago and i said when oil crosses the $15 threshold, it's time to put grandma's money to work. and a name like cxo. i got a call from my grandma yesterday, oil went down below 50 and she literally thought i

was talking to her. she said me and the girls in peoria, illinois, we bought into concho. >> you're going to be in a lot of trouble if it doesn't work out as a trade. >> well, actually, that turned out to be a good trade for grandma mernie. it was up 14% since that interview and she's been the talk of the retirement home ever since. even posted a link to the interview on their facebook page. so let's bring back global hunters mike kelly. great to have you back. >> thanks for having me back. great to be here. >> what are you telling the girls at the bueller home to do with their concho? >> i'll tell you what, they're telling me what to do now. we put out a big earnings report this morning, and the name concho was a top pick. the girls weren't happy. they're getting a little greedy. they went 20% more concho before they playpenny slots.

>> in terms of concho and what it's poised to do, what i thought was interesting is you made a point of saying it has ample liquidity and could be poised to actually sort of just go through the rubble and make an acquisition. what would you like to see concho do -- what kind of acquisition would that be in order for you to say, you know what, there's more than 8% here. >> yeah, sure. and the balance sheet is pristine. it sets them up to do some m&a. they've done it in the past, they've done a really good job in the past, and there's going to be guys that are struggling and don't have the liquidity that concho has in a high-quality basin like the permian. ultimately, it's going to be a great long-term move. >> which other names do you like? i would imagine if oil prices stay around where they are, when redetermination happens and these companies have to re-evaluate their equity interests in some of their assets, it's going to be much lower. how will that impact certain

companies' ability to either borrow or ability to pay loans? >> that's a huge topic. something we wrote about in today's earnings piece, was redeterminations. they're posed to move downward. we don't think it's going to be too bad come this spring. it happens twice a year. in the fall it could be worse. if today's momentum continues and you have oil continuing to drift higher, a couple of counterconsensus names, both those names, whiting is down 60% since the peak. whiting is the biggest, baddest name. has the best position up there. assets don't get a ton of respect and they should.

i think you could get a lot of institutional support with the strong q4 coming up from them. >> is grandma mernie and the girls, are they buying into whiting? >> well, they better be. absolutely. go ahead, mernie, put the trade on. >> all right. there's a picture of you, mike, and your grandma. thanks so much for joining us. and shoutout to mernie out there and the girls of bueller. thanks a lot, mike. >> thanks. >> where do you go here? >> kudos to his grandmother, but cxo, the expectations are so high there, as mike was just saying. so low on whiting. whiting hasn't made it back to that pre-opec level. i would reverse that trade. i would buy whiting. sm is probably somewhere in between. >> wow. >> yeah, so i mean, i think i would agree with grasso and not grandma mernie so much. the other one i mentioned, which

is continental resources, that's starting to get back up to around the $50 level. i would be taking profits there. >> hot pick in the space? >> i don't want to mess with the bueller home. i think apc, it was a miss. but if you get back to nine cash items, these were reported in nin non-cash items. a lot of guys were cutting back. when i think oil is going back to 65, the second half of the year, apc. >> give mernie a pick. >> i'll give her an easy one for her. i like these integrated names, but i like the xle. there was some monstrous activity triggering to us -- >> just the etf. >> just go with the etf, especially from mernie. >> go, mernie. >> big movers of the day. canadian solar 28%. >> the companies up big, but it was a story about buying recurrent energy.

it will double their gigawatt capacity. >> talking about car sales, just about every single name out there just crushing it. either record numbers or extremely positivembers. i think this name actually goes higher. >> massive dropper, stratus is down 28%. >> just a big dump today. i think this is still the factor. in the long run, i really like it. i actually think down at these levels, this is where you buy. >> looking a little crushed, though. >> that's when you buy it. >> big drop for rent-a-center. >> this is a no touch. three-day rule, no touch. look for it to hold today's low. three-day no touch. doctor's orders. >> as you know, earnings season is well under way, so we're going to take a look at why u.s. companies may not be your best

bet this quarter and the two international companies you should buy right now. plus, pete spotted some monster unusual activity in one oil and gas name. he'll tell you what it is after the break.

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time for some unusual activity. pete's taking a look at cameron, up 14% the past three days. >> absolutely on fire. last friday, they were buying the march 45 calls. they absolutely crushed them on that. they went from $1.50 to $4.50. now they're coming after february, march. when you look at those numbers, 95 cents. they're buying and looking for more. >> strength on the dollar and uncertainty abroad may make u.s. investments seem more attractive, but we've got someone who says this earnings season, the stocks with heavy international exposure are coming out on top. let's bring in paul hickey. great to have you with us. >> good to be here. >> this seems crazy, almost like it's opposite world, because when we see the stronger dollar, we thought, you know what, international companies are going to see massive headwinds. >> in your last segment, you were talking about expectations.

and about two weeks ago mirk colleague put out a report saying short-term, we should be focusing on europe. in addition to the ecbqe, expectations and positioning have gotten so skewed, bearish on europe. so what we've seen now, as the expectation bar gets that out of whack, and surprisingly enough, companies -- we break revenues out of the s&p 500, our domestics basket, which is 90% revenues in the u.s. they're beating eps this quarter so far, at about a 60% rate and they're rising an average of 55 basis points when they report earnings, on the day they report. the internationals basket, which is more than half of their revenues outside of the u.s., they are beating eps at about an 80% rate so far this quarter. and they're rising about 1.22%. so it's just an example here of how the market in the short-term got very skewed pro-usa, anti-europe. >> you don't think necessarily

that this trend will continue as expectations sort of match reality and where we are now. >> i think you're right. longer-term, we are pro-u.s. and we think the u.s. will continue to outperform when you're looking at over the next year, couple years. but in the short term, the trend has been that these international companies that have been left for dead have been overlooked. >> these u.s. companies doing international businesses, or are they international companies? because one's got a currency issue, one's got a currency benefit. if i'm a german company, this is a great time to be alive and it's why i've been very long germany. >> what we're doing is this is just s&p 500 companies. so, i mean, you look at a company like target, 100% revenues in the u.s. after they exit canada. the stock has been on a monster run, analysts have been raising estimates, and they did preannounce higher than expected q4 sales. but, i mean, look at the price. where it's trading at multiples, it's gotten a little bit ahead of itself. what are they going to say when

they report earnings? >> so you don't like target. what do you like? >> a name we would look at here, priceline. priceline has been killed. they do 74% of their revenue outside of the u.s. trading at a 52-week low. fx will be a headwind, but their business is still doing great. you look at leisure and hospitality companies outside the u.s., and in europe they're still showing strong business. when you see this valuation, this valuation 20 times earnings, if you look back over the last several years, that's typically marked the low point in valuation of stocks. so we would like priceline here, and philip morris international, a little more conservative has a yield of about 5%. analysts have lowered estimates by 5% already so far this month. so, again, they're going to report at the end of the month more holds and sales and buys. i think that's a name that's gotten overly negative sentiment. >> thanks for being here. take your pick. priceline, target. >> of those three, i think i'd go priceline.

primarily because of exactly what paul was talking about, sentiment-wise. in general, it's not something i think is going much, much higher. i think the sentiment has been so negative on this. >> we've got some more on disney's call. let's get back to julia in l.a. with the latest. >> bob iger making some interesting comments about the potential to sell video content direct to consumers outside the cable bundle. he said he's not worried about including espn in dish's otc service, breaking up the bundle for now, but he just said he thinks there's an opportunity for other disney brands, including disney, even marvel and "star wars" to sell content directly to the consumer down the line. he says they're not going to be doing anything to disrupt the bundle right now, but they do see opportunity in going directly to consumer and their diehard fans. melissa? >> thank you so much. disney right now is just $1.35 off of brian kelly's price targets. >> i still maintain that.

>> you stay with disney until they disappoint you. you talk about marvel. you've got lucas films. "frozen" which did 1.2 billion. yeah, 22 times. round up these levels, you're around 22 times earnings. it's a very expensive multiple. but they are fantastic assets. i'll let them apologize to me later. i'm staying in this name until i'm disappointed. >> let's say you're a shareholder in disney. you have the stock. at this point, do you consider a stock replacement strategy? >> yes. i'd either consider that or i'd start buying some puts. i do agree with tim, i think this thing is going higher. they've done everything right. but at some point, as the valuations start to get a little bit tricky for people, they want to sell it. still ahead, we will tell you the one apple supplier that traders are making huge bearish bets on today. more "fast money" straight ahead. ...that sound good? not being on this phone call sounds good. it's not muted.

was that you jason? it was geoffrey! it was jason. it could've been brenda.

nxp, some traders are betting it could move as much as 10%. but in which direction. mike coe is in austin, texas, with the action. >> it was interesting today, we saw more than six times the

average daily put volume at nxp. that was entirely the result of a substantial put butterfly that traded specifically the february 77.5 put fly. basically, what they were doing was buying the 70s, 77.5s and trading the 70s. what you're looking for is the stock to migrate to that middle strike. there were a lot of puts trading ever since the stock had its strong rally off of those october lows starting in december and through january, and this could have been one institution looking to adjust that position a little bit. right now the options market is looking for a move of about 7% and that's surprising for a stock trading at a low multiple. >> pete najarian, is this is new qualcomm? i say new qualcomm in the sense that -- >> in a positive way? >> qualcomm was being touted as the one with the most exposure and nxps and self-driving cars.

it's in the credit cards, the security of that. >> it certainly has replaced them, absolutely right now. and i think to mike's point, i'd actually be surprised that this migrates towards 70 by this put spread. just because of some of the exposure. i would think this would actually be a name that actually has some positive numbers. >> thanks for that. for more "options action," check out our live show 5:30 p.m. eastern time on fridays. let's get to some tweets today because we love getting them, and we will answer them. here's the first one. what do you guys think about pepsi? >> pepsi is a stock that's got some international headwinds. it's got some russian headwinds and there's been a lot of markdown the last couple days. i think it's a fantastic global multi-national. their snacks business is the biggest part of the growth. i think $90 is an interesting place to look at the stock. >> bk, will there be another huge earnings beat coming up for under armour? it's one of these domestic revenue plays. >> that's been killing it, actually. they've expanded their product

line. they've done very well. the stock has actually gone sideways here, roughly 74 being the top. so i think you have a chance to buy this stock on a breakout, and that would be above 74. if it does that, i'll go on a limb and say it goes to 75. coming up on "mad money," from crude to cyber crime, cramer's got you with exclusive interviews. that's all ahead. top of the hour on "mad money." meantime, stay tuned. crude climbs again. plus, a couple of futuristic weapons in the fight against ibs and the stock up more than 60% in just six months.

time for the final trade. >> asked about russia last night, i said, time to dabble. nbt has been a good run. taking some profits in this name. >> pete najarian. >> oil has stabilized, but i'm not so sure it's going to continue to go to the upside. i think the airlines are a buy on this dip. >> small cap name that i actually bought today, talked about before, control your home, control 4ctrl. just a small little bite for somebody. >> interesting. >> twitter still long.

sentiment is so terrible on the name, i think you've got to be long. >> i'm melissa lee. see you again tomorrow. do not go anywhere. "mad money" with jim cramer starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, i just want more days like today. my job is not just to entertain you, but educate, teach you and explain how days like today can happen. call me at 1-800-743-cnbc. or tweet me @jimcramer. maybe this market is finally breaking good instead of breaking bad. that's what i thought all