tv Mad Money CNBC February 18, 2015 6:00pm-7:01pm EST
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es normal volume. $50 held. grm. that will get you done. >> o. >> bold call. >> i'm melissa lee. thanks for watching. see you back here tomorrow at 5:00. meantime "mad money" with 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. a lot of people want to make friends. i'm just trying to make you money. my job not just to entertain but educate and teach. call me at cnbc or tweet me me @jimcramer. don't be a lemon. that's the lesson from today's trading where i saw people act like them all day because warren
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buffet made big moves in the stock market a couple of months agatha we just found out about last night. buffet's move seemed to overshadow the whole session. s&p back .3%. nasdaq advanced. i have long been a believer in doing your own homework and finding your own comfort level with individual stocks. if you can't do that if you can't do the research and make up your own mind it's imperative that you do not follow someone, anyone blindly whether it be me or a money manager you saw on television, a ceo that talks a good game or even yes, warren buffet. if you can't do the homework and you still want exposure to the stock market just go buy a index fund. i love index funds. they allow you to eliminate single stock risk meaning the one stock you can buy can be caught up in a scandal or miss the quarter repeatedly or simply not participate in the general
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upswing that you're looking for. there are plenty of indices out there to like. it's a total stock market return. meaning all u.s. stocks. i can get behind any fund that emphasizes dividends because i like income. you don't need a guru and if you buy one you should just invest in it and not trade it. unfortunately lots of people don't subscribe to my view. they want to buy what a great investor buys. they think they can hitch the portfolio to a star and get all the advantages without having to do any work themselves. today when we saw it the sec released the buys and sells of berkshire hathaway. will it was. terrible lazy thinking. large sums of money were thrown at what buffet is buying and
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cash fled from what he is selling. imitation is the sincerely form of stupidity. consider back in november 2013. we learned that berkshire hathaway purchased 40 million shares of exxon mobil. it was so exciting. everyone was buzzing about it. first of all we didn't know about it until way after it was bought. they're not submitted in real time. they don't have to be. second they don't have to file like most other firms. for exxon buffet was able to amend a second quarter filing where he bought about 30 million shares ending june 30th. in other words buffet accumulated position in exxon over the course of the year with most of his buys coming before july but we only learned of it months later on november 14th. yet exxon stock almost instantly shot up from 93 to 95 on the news of this stale purchase. now keep in mind he didn't tell us why he bought exxon back then.
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he didn't say i like the oils and this is a terrific oil company. he didn't say he liked the balance sheet or the dividend. it didn't tell us if this was the moment to own oil. he said something and guess what he owes you nothing. you can't find out his reasons. he doesn't have to tell you. he isn't going to. fast forward to last night when we learned his sold his entire stake in exxon sometime in the fourth quarter of last year. of course the stock tanked. oil was weak but it was down before it was weak. now buffet didn't come on tv and tell us that he dumped it. he didn't say it was a mistake to pie an oil right here or perhaps he already has the railroad. again, buffet owes you nothing. somehow though now people suddenly decide it's not worth it. he must be puzzled about how exxon went up if not down based on reports made ages ago.
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exxon is the major oil company. still if you like oil you can go buy exxon. if you don't like oil you shouldn't buy it. you should sell it. don't try to mimic buffet. you're going to get burned. he increased his stake in ibm by 9.2%. now has a huge position. ibm has been a terrible performer for ages though and many thought that buffet would be dumping the stock because of the inability to meet it's own targets. they always tell me he's dumping, he's dumping. again ibm jumped a buck 23 on this news. what do we make of the move? it's safe to say buffet believes in the new ceo although she's hardly new anymore even though she failed to deliver the growth we expect from a tech company. they have sample cash flow. we know that buffet likes how the company used it's cash to keep buying back stock. but should you like that? should you like the stock of a company that's challenged on so
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many fronts? buffet could sold it 30 points ago for a nice profit. but here's what you may not know if you bought ibm today, next thursday they have an analyst meeting. in that meeting we're going to hear if they have gotten any closer to accelerating revenue growth or meet it's targets and hear about the cloud strategy but also the roughly three quarters of business that has sub par growth versus the rest of the industry. worrisome. if you bought the stock off of buffet's coat tails i hope that meeting goes well for you but it's a terrible investment strategy. if you did buy ibm see what you want from this analyst meeting. form an opinion. your own opinion. if you don't, then you'll be clueless. then there's john deere. he added almost 10 million more shares in the fourth quarter. holy cow, wow. immediately the stock jumps $2.83 as people piled in.
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they now know that farm equipment play has a buffet endorsement so let's go buy some de. i say wait a second. do you know that deere reports this friday? do you know what you're expecting to hear from the company? do you know their competitor was on this show making clear that things are not so hot in agriculture land? no it's a warren buffet bought deere at a much lower price. maybe you'll get a better chance to buy more if the stock goes down when it reports? that's the best i can say about deere other than the fact that the company has a history of using conference calls to throw cold water on the prospects which typically causes the stock to get hammered. this idea has been around for ages. i was hoping that after the round trip on exxon people say it's not worth it. i'm going to make my own investment decisions. you need to rely on yourself to have any real hope of making good money. here's the bottom line. if you're absolutely desperate to piggy back off warren buffet just go buy shares in his
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company. berkshire hathaway instead of trying to mimic his moves months after he made them. if you want bring yourself to to do your own homework save yourself some trouble and keep your money in an index fund. how about byron in oklahoma byron. >> caller: booyah to you from the great state of oklahoma. >> truly great. >> caller: osu country. i was wondering, nike popped about 1.9% today. if you were going to put it together, is it nike or ua? >> put a gun to my head. take the gun away. those are two great stocks. nike is great stocks of all time and underarmor has more risk than nike but if you're younger i think underarmour is the one you want to say i'll key up with it but this guy, he has ambition. let's go to glenn in south carolina, glenn. >> caller: hey jim, a big booyah from the palmetto.
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>> what's going on. >> they just had monster earnings the other day but guidance was not so spectacular. is it time to unload? >> i felt the same way. i said you know what they're going to tell a good story and they didn't. and you know what that reminds me of fort net. they did the same thing. but rather than buy vasco i would prefer fort net. will you guys cut it out. i turned positive on fireeye in the 30s. so just focus. david. >> caller: hey, mr. cramer. greetings from buffalo, new york. >> oh man. my friend is going to love this phone call. what's up. >> caller: before i say i wanted to give a quick shout out to my son benjamin and his buddies serving overseas. >> yes, and tell them thank you from me. >> caller: well they are doing
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it man. anyhow the stock is considering it's spectacular run ups since september what to do with savings considering the possibility of the buyout. >> you have to get that pie out at this point. it puts a tough situation. you need a buyout to occur. could it occur? i don't know. but this stock is now too high, sir. you need to have a buyout and therefore i'm uncomfortable. although if they get the buyout it goes higher. i'm uncomfortable recommending it here. lower was better. brian in west virginia home of john chambers brian. >> caller: all right, jim. it hit 28 today. >> 28. what a great school. what a great place to go. >> i've been in cambridge since 1976 and watching you since you had gallagher hair. my question regards health care trust of america. we've had it in our ira and dividend reinvestment since you first mentioned it about a year
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and a half ago. significant information this past week. what do you see for the long-term? >> i've liked this stock since i was gallagher or whatever. this is terrific stock. it has much more to do with the fact that people think trade should go higher. the whole utility group is coming down too. that's it. on a fundamental basis i like it. i'm all about you doing your own homework and making your investment decisions yourself. but some investors believe in piggy back and today we saw the folly of such thinking. mad money tonight, the fresh signs of growth and whole foods, can you keep gaining? and then if you're judging a stock like starbucks by the price of coffee beans you'll be missing a big opportunity. don't miss my take on what could power this premium player higher. six flags taking investors on a heck of a ride. can it keep the thrill alive? let's speak to the ceo and stick
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with cramer. don't miss a second of "mad money" follow @jimcramer on twitter. tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something in head to madmoney.cnbc.com. there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night.
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as of today new 52 week high. the company cut prices on goods and renovated a number of the stores and rolled out concepts to make itself more of a destination for shoppers. rolling out an exciting new program becoming the first to use apple pay. these initiatives paid off noticeably. a 1% earnings beat. 10.2% basis. accelerating traffic trends. plus this was also the third straight quarter where they beat expectations despite the price cuts. even better management reaffirmed their full year guidance and they have an exciting day coming up next week. let's check in with the co-ceo of whole foods and find out more about where his company is headed. welcome back to "mad money". >> thank you for having us on. >> how much different is this store even from stores you opened three years ago? >> every store is different. can i tell you a couple of things? you go in there and there's
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where the customer orders their product and chop salads and sand wif witches. we have 100 new local products in this store and it's an exciting day in the upper east side. >> now there's an amazing transformation going on here. i see advertising. i get on the subway yesterday. the sign is whole foods, talapia $7. you also see best in class strawberries or berries. you see the balance of both. you have to be relevant on price so you can talk about quality. quality of the food. quality of the work place for the tale members. all of those things together. >> but you're telling about your own quality. i like the fact that you're saying how it was sourced. you're getting into what i sympathy what the younger people really want. they don't trust the food chain. they want to know more. you're giving them maximum disclosure on everything. you know the new value matters campaign, there's a great line in there. we care where our food comes
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from. we care what happens to it along the way, we want to trust our sources. this generation you're talking about values matter. they do want to know these things and no grocer is well equipped to provide the transparency and the information as whole foods market. >> let's talk about technology. i had not thought of whole foods aztec nolg. we got the best food what more do you need? something happened. you're the leader in apple pay? how did that happen? >> we realized the customer now is at the center of the retailing universe and they're enabled and powered by their phone and technology and the retailer has to give them new experiences. so we layed out a digital road map. we're now the leading deliver to home of food. we set up -- >> you're the leading. not amazon -- >> it happened quickly. 15 new markets coming up this next year and the full selection of product up on that portal so that's great. second of all, the apple pay.
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think about the apple watch coming soon. making it easier for the customer to pay for their products and then the affinity program coming which will be a new connection in term of their personalized information. >> now you do have some numbers. >> can i tease you with more. >> yes, please do that. cheese club have to get there. >> ultimately i believe that retailers are going to be the winners. the customers say sometimes this and sometimes that. you have to be there to serve them. they're already thinking about things we haven't talked to you yet about how the customer may come into the store and have something fulfilled to their home. how can we provide information in a way that connects to their life at home. so we have lots of ideas that have not yet come out. >> the ideas we're seeing today in the upper east side were these in the hopper say two years ago and you just couldn't talk about them yet because you didn't feel like they were ready? >> no it's like we ask every new store to innovate and bring new
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experiences to the customer. what you see is creativity that's in the culture of whole foods and showing up in different ways. but yes, one thing people realize about our company, we have $2.7 billion in sales. but we are a charge food service operation. it's an area that's not easy to compete with or to copy. and that area is continually changing and growing. we're seeing new experiences in ramen noodles, asian dishes all sorts of salads. our salad bars are fantastic. so this change in food service and food choices. you talk about the millennial generations, they want the choices. we're there to do it. >> a lot of companies were financed. the stock market was bouyant and raised money. a lot of people thought the competition had gotten difficult in your space. are these meant to difference yourself from the other guys. >> if we took it we said all right let's respond and continue to innovate so i think they're all doing -- the main thing to remember about them is they are
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not us and we are not them. we have the highest standards in the industry. we always have. we'll continue to be leaders and use the competition to make us better but what we do matters to say let's make sure you're clear. what is different about whole foods market? what is it we're doing that's different than the competitors. >> two years ago the narrative was cannibalization, you couldn't lower the price of food and none of that came up this quarter. >> here's the narrative now. visibility of the company is higher. momentum is broad based across the whole country and the innovation continued at an accelerated pace. that's the story now. >> there's places in this country we didn't think we'd have a whole food that were getting a bunch of them. you have a newer opening in williamsburg. i live in brooklyn part time. there's too many people in brooklyn. >> there's 2.3 million people in brooklyn. we can handle a lot more stores. i think it's one of the best work places in america in the
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last 16 or 17 years. for this store on the upper east side we had over 3,000 applicants for 400 spots. 3,000 applicants and people are coming saying this is a place that has some values. values matter. so it's not for the customers that waysay i want to know where my food comes from. >> how about the tap room? is that something that attracts younger people. it's craft. i'm a bud guy. i know nothing. >> you do your own thing but here's the thing, in two stores now we're making our own beer and it's actually pretty good and in the tap rooms it's a place for people to gather. people want to gather and talk. this is why physical stores are going to be here for a long time. people want to come to the store. they like being with other people. so you put that together which i think we do very well you take that spirit and extend it to the digital world, now you have a winning formula. >> how did the valentine's day
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promotion go that you mentioned on the conference call. >> it was a very good start. >> you said that the roses are -- we even care about how they're sourced. >> these roses are whole trade roses. you have something up here. it's our ethical standards. they come from ecuador so it's very attractive to customers. >> i said you understand even the price, they are h to because natural organic can't be too highly priced anymore. your prices are now competitive with mainstream. >> that's right. we're broadly competitive and relative on price even though a lot of our mix is different than the other stores carry. so it's being relative and come pettive on price and making sure that we're selling whole foods quality standards. >> people are lucky they can still buy the stock at 57. you were always energyfull of energy but the message is fabulous. >> thank you. >> go to the stores and read the conference call. i bet you want to buy it.
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and on its way to being the major growth. the initiatives are just starting to kick in. india is worth watching too. meanwhile the changes are working. the goods business is among the fastest growing in the supermarket aisles and the seattle disneyworld of coffee is brilliant because it shows that starbucks understands craft coffee. the technology initiatives and the put improvements are all well ahead of everyone else in retail. the gold standard. starbucks has been a remarkable run that extends to innovative changes for employees including tuition programs helping the company retain the best of the best at a time when job growth is heating up competition. however through all of these moves one issue stood out not starbucks the company, but starbucks the stock. rising price of coffee beans. thanks to a draught in brazil
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the cost of beans skyrocketed and even though i was told repeatedly on this show and squawk on the street that the price of coffee wouldn't matter much it became the achilles heel. one day starbucks would have to come out and say we can't raise prices more than we have because of our relations with our customers so the rising cost of coffee is going to hurt our margins. couldn't be refuted. it didn't matter that they could be managed or hedged effectively. the clever people that try to guess where a company is going to they simply refuse to recognize that he knew more than they did. but today we look at coffee and we see it dropped to the lowest price of the year down to $1.58 a pound. they have been down since october and during this period people began to realize and they have been focussing on the amazing operating performance.
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as well as the loyalty and property growth for all. it's a shame that the coffee price issue obscured the real story for so many people. once again this one way data point thinking lead investors astray the same way we were lead astray by columbia sportswear that showbiz was weak when it was actually strong. starbucks was, is and always will be about the experience not the materials within the cup. as important as they are to those of us that love coffee. it's about a third place to go after home and office. a warmth a personalized drink. how many of us invented our own drinks. go get the cramer on the new york stock exchange and we're greeted with them when they're coming. it will always be about superior customer serieser is service. what are they not about? the price of coffee beans never was and never will be. the peak in coffee prices is now off to the races with coffee at
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a one year low. if you're buying starbucks up for that reason you're just as wrong headed as the people that stole the stock when coffee was hitting highs. let me give you the bottom line. if you like the product go listen to the company's latest conference call. read about the initiatives and then make up your mind about owning the stock long-term. that's how you invest in starbucks. not by checking the price of coffee beans. at the end of the day i think starbucks is just like apple. you don't trade the stock. you just own it. eric in virginia eric. >> first time caller here. >> good to have you on the show. what's going on. >> with the shift toward healthier food what does the future look like for krispy kreme. >> they don't come on and say it's a treat. it's a treat. it's a treat. it's run better than it was but i want to go with healthy and natural. i'll see you krispy kreme and wave you white wave. >> let's go to james.
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>> caller: cramer how is it going? >> pretty good. how about you. >> caller: i have a question about gmcr. i have been short and i want to know if it's a good time to cover. >> i have been recommending this stock for ages. you caught a nice little gain there. stock has been -- the quarter was horrendous. i know that but it doesn't matter. i believe in the franchise. i like green mountain and monster and i'm sticking by those and they don't always workout in the same day but i do like them. wake up and smell the starbucks. the story isn't about coffee prices and never will be. it's now off to the races. think about owning it long-term. much more "mad money" ahead. six flags, can they put the thrill in your portfolio? and then can your portfolio survive the ups and down of the market? i'll be the judge of that when we play am i diversified? plus hold on to your hats because your calls rapid fire just ahead in a brand new edition of the lightning round. stick with cramer.
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$2 a gallon in this country. this could be a terrific time for the theme park operators. people are much more likely to spend an hour or two on the road for family fun and the largest regional theme park operator in the world is six flags. 18 parks throughout north america. so i expect it to be a major beneficiary of oil once the parks get warmer. plus while this stock a long time favorite is roaring for ages giving you the return for dividends just as we spoke to the ceo four months ago they still sport a 4.5% dividend at these levels. that yield goes down if the stock goes higher which it's going to after this quarter. just reported a very strong quarter for the close. higher than anticipated revenue rose 90% year over year. these are staggering numbers guys.
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you are innovating the guest experience and it's clear from the numbers it's working. >> it really is working. we have provided some new rides. some new experience for our guests. that's from a capital perspective but in addition we provided new opportunities such as our all season dining pass. >> people love that. >> they love it because we put them in the position where they can eat a lunch and a dinner at the park any time they come once they have a season pass and that's been spectacular. >> that works. people love that. biometrics? >> the ability to go in and scan as you enter the park rather than always having to show your card. that we introduced as well and last year jim we were the only theme park company in the world to make informations week's top 100 innovators. >> and innovatoring on the
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customers or coasters? you put new rides in which gives you reasons to come back. >> we try to do it all. ways that will make our guests happy buzz happy because that's our focus. but definitely on the ride front no one is better at innovating. i know for sure this year 2015 we have the best line-up of product in our 54 year history. >> you're not even counting on it. it's really just the traffic figures already up. increases in sales inside the parks. people are spending when they're there. >> absolutely. we are seeing increases at every level and inside the parks people are spending. i still believe it's a little bit of a tough economy so i'm not saying this is a great economy but we provide a value offering and as a result people want to come back over and over. the $2 that's a good place to be. but we don't know where it will be in the summer when we have our peak and when prices were
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higher at $4 or so we saw no real negative impact. so my view is its nice that they have more disposable income that's a good thing and i'm hoping they spend it at our parks but we don't count on it. >> people only know disney and they know six flags and i look at the international picture of what you guys are doing and i can imagine that we should be five years from now not thinking about this as just a purely domestic company. >> it's defbtinitely a major leg of our growth strategy. we have two partners already working on multiple partners in other areas of the world and we think this will be a great growth engine in china and the middle east and also a major growth engine for the company. pricing for us is an opportunity down the road. our season pass penetration. we know we can grow that further. all season dining these are areas where we can continue to grow. >> but we're stock guys. in the end what's most impressive is this is a company
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that had to reorganize. you're about cash. you're about cash flow. you're about return money to shareholders. if it was just rides it would be nice to see it but it's about the return to shareholders that you're focused on. >> in our return we're up six fold in the last four years and you quoted what happened just in the last few months. i would tell you we're both a growth and a yield company. we grew. in the last four years our cash earnings per share is up three times the s&p 500 rate. our yield is two to three times the s&p 500 rate. we are focused on driving cash flow. we got $2.63. our growth by 2017 is to be at around $3.75. we're definitely focused on that. >> it's also very interesting. you put out something great about the s&p, most of the stocks have no growth at all and they actually have negative growth. they look like they're attractive but they're traps. it's very unusual to see your
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situation and i should say, you make no bones about it you expect that dividend to go higher. >> our goal is to continue to take the dividend up and continue to buy back shares so that we look at investing everything we need to into the company and every single excess dollar goes back to the shareholders. here's data at a point for you. we returned $1.5 billion to shareholders in four years. that's double the value of the company 4.5 years ago and we still have a huge value that's remaining. so our goal is to make sure our shareholders do well. >> great growth and great yield. i can't find it anywhere else other than the six flags. thank you so much. >> thank you. >> the chairman and ceo of six flags. another fantastic quarter. mad money is back after the break. let me talk to you about retirement. a 401(k) is the most sound way to
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money. >> there's a big booyah. >> oh, refreshing. can you believe "mad money" has been around for ten years. it's time to raise a glass and toast to our success. go to madmoney.cnbc.com and sign up to get tickets to join me here in studio. march 12th. there will be refreshments and everything but probably not the frack water. come on send us something. now it's time for the lightning round. and then the lightning round is over. are you ready? it's time for the lightning round. juno in new jersey. >> caller: my stock, i'd like to snow, buy, sell or hold? >> look i am not against with oil down $3 and the stocks were trading buying the highest quality oil service company. i'm never going to fight that
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but i will fight buying any other right now. gloets to rudy in maryland. rudy. >> caller: accordia theer pudices? >> i have to tell you, they put together a fantastic company. you pull the trigger. rudy in new york -- >> caller: hey, jim, a big broadway blue shirt booyah. >> fantastic. what's up. >> las vegas sands, that's never a good sign. they're giving you a hard time to get the junkets down. the chart is good. but i have to tell you i do enjoy mgm. let's go to bud in ohio bud. >> caller: jim, cramer. a big akron booyah to you buddy. >> man, where's my -- oh the flyers, wrong town. i love akron.
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firestone, what's up. >> caller: thanks for everything you do for us. i'm so looking forward to the next ten years. >> i am too. >> caller: tonight i'd be grateful for your opinion on a stock with a dividend about 10% off it's highs. it's not hurt by a strong dollar. it's helped by healthy snack foods acquisition. my question is is the tail wind of lower commodity prices and lower energy prices enough of a catalyst for you to endorse bn fwrks foods. >> the new team has not come on yet. until the new team comes on you're not going to get a buy recommendation from me. just can't do it. need to know more. how about paul in new jersey. >> caller: booyah jim. >> booyah. >> caller: how are you enjoying the new jersey freeze? >> i could do without it. >> caller: cross country skiing i can't get enough of it. i'm a winter guy. >> positive. good to have. >> caller: my question for tonight is oak tree capital group. >> i'm investing with howard
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marks any day of the week. bright guy. smarter than i am. mike in kentucky mike. mike, mike mike. >> caller: hey jim. it's mike with a big kentucky wildcat booyah to you. >> i have to go with you all the way. >> caller: sounds good. hey, jim, i know they're best of breed and positive in 2016 but after a big price drop from the last earnings call do we stick with mkto. >> no that was a bad quarter. no i can't do that. they just didn't have it. they didn't have what it takes. they did not have what it takes. let's go to alex in michigan alex. >> caller: hey, jim, how is it going? >> not bad. >> caller: here at michigan state university studying business. i wanted to know about go pro. >> too hard.
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we don't like battlegrounds. we don't like the first day. that's what it's like. how about phil in north carolina, phil. >> caller: hey jim, how are you doing? >> pretty good. how about you? >> caller: i'm good. before i start have to tell you and i'm saying this being real serious you are today's peter lynch. >> no, peter lynch best mutual fund manager ever. thank you for that. i really appreciate that but i can't -- he's the best. but thank you thar that's very nice to be compared. what's going on. >> caller: i want to talk to you about nextera. i had a good jump on it up $3 but after hours it's down two. >> this is too wild for me. i'm going to go dominion. just go letter d and just relax a little. that's not a chill utility. that's too high flying for me. thank you for those comments though. romey in illinois. >> caller: hey big booyah from the windy city.
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how are you doing? >> all right. how about you. >> caller: i'm a pharmacy student looking to graduate in about a year. i have stock in a biotech company. buy, hold or sell. >> i don't know intrexon. i will do work on it though but that is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade.
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>> the best way to find financial help is to mirror what the doctor said. it's just as important as your balanced diet. you call and tell me your top five holdings and i tell you if your portfolio is diversified enough. let's start by ordering up a tweet. here we have one. she says @jimcramer starting
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them young. are we diversified? apple, att, coned, disney and yahoo!. that's six -- oh but look at this -- this kid is like an angel. all right. let's see. iron mountain yahoo! tech disney, it's called entertainment, utility att and apple is tech. yahoo! and apple we don't need both of those. we'll get rid of yahoo! and put in bristol myers and then we have what's necessary. debbie in florida. >> happy hump day there. >> i know. it is definitely hump day. >> am i diversified? apple, saba uncle carl iep
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iep iep iep dine equity and waste management. >> alibaba, that's consumer and tech from china, apple, let's make this consumer. it has nothing to do with apple. icon enterprises there. that's fine. you can see jack-in-the-box how great that was. how about texas roadhouse? how about equities similar waste management? we have food. we have one man's enterprise and i'm blessing that portfolio. johnny in maryland. >> hey, booyah jim, how are you doing? >> real good. how about you? >> caller: pretty good. i'm happy pitchers and catchers are reporting today. >> my mets are looking good. notice i said mets because i can't take my phillies. what's up? >> caller: here's my stocks. i got panera bread, ups, bank of america, royal dutch shell, and
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regeneron. >> i'm liking the step of this portfolio. that's the top bio tech name. bank of america, got himself a little pay cut and the stock has done nothing. panera is down enough you want to buy it. ups and royal dutch, worry about the port situation, quality oil with the yield but oil is going down. we have oil transport, restaurant, bank and drug wow. definition of what i want to see. hey why don't we go to frank in california. frank. >> yes, jim, i wonder what you think of my portfolio. i have $10,000 in amjam. i have $5,000 in costco. those are my two big ones. >> okay. >> then i have google walmart, and celgen. >> well we have a problem. we're going to have to get rid of it. we have a tech in that spot and
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we have -- oh two things here. retailer in walmart and costco. get rid of walmart. we have two bio techs and get rid of amgen, we need to have a diversified industrial so i'm going to pick instead of amgen united technologies and instead of walmart what we're going to need is -- how about a little health care -- oh we have the celgene, we can't do that you know what i'm going to give you an oil because it's okay. i'm going to give you the royal dutch. that's all right because that stock is going to come in tomorrow and we're going to pick some up. wow, tough game today. that's tough. two of a kind and two of a kind. two pair that guy. stick with cramer.
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>> male narrator: tonight on restaurant startup two businesses on the brink of failure fight for a shot at a new beginning--a vegas duo who are betting it all... >> our salaries combined last year were $28,000. >> what happens if you don't get an investment? you might close? >> both: there's a chance. >> narrator: and a family clinging to their california dream. >> our lease is up in two months, and if we don't find an investor, there will be no more hiatus urban barbeque. >> narrator: with hundreds of thousands of dollars on the line, will one of them earn an investment from joe or tim? joe bastianich owns a portfolio of 30 restaurants along with eataly, a high-end italian market. tim love is a celebrity chef with six award-winning restaurants and a retail empire.
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