tv Fast Money CNBC April 22, 2015 5:00pm-6:01pm EDT
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have you noticed tesla's move. up to almost 5%. we're is going to trade that stock. >> wow. a lot of under the radar stuff. look to you guys to high like it. over to you. >> "fast money" starts right now. we start off with breaking news. minutes away from getting earnings from petrobas these are numbers that were supposed to be released in december 2014. they have been delayed because of a massive scandal surrounding the company. michelle caruso-cabrera is live outside headquarters. 0 will bring us the news as soon as it breaks. >> facebook's conference call is starting now. the stock is falling. bob pack is listening to the call now. qualcomm, at&t reporting after the bell. all-big movers in the after hours. we'll tell you,000 trade these stocks and follow the conference calls. let's kick it off here with facebook. pete this, is a case where the
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options market got it wrong going into the print. >> although it's been interesting ever since they reported their numbers. the mobile numbers were absolutely staggering when you look at the mobile active users and daily mobile active users the percentage gains are what zuckerberg september out when he was trying see what he could do with this company and what they could do in term of growth. we've seen that stock go into positive territory. now i think it's down a dollar and a half. tomorrow morning as the dust settles we'll start to see what the direction of facebook will be because it was down almost $2 after the earnings. >> i think you have to buy them. at above 82 here. just think about this stat. 1.5 billion users or something like that. that's 20% of the world's population. logs on to facebook or uses facebook. that's incredible. you can't monetize that you shouldn't be in any type of
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business. on weakness buy facebook. >> mobile was 75% of the ad revenues compared to 59% a year ago. they are making progress. >> massive progress. this was the whole story. what have they been doing? adding on mobile assets. you think about the mobile messaging. huge part of their strategy going forward. when you see a number like 73% sooner or later they will be at 80, 85%. mobile for ads is less than the desk top. at some point you'll see a deceleration. at some point it will be fairly well saturated and not be able to maintain this growth. >> why can't we believe it won't catch up? >> how many times have you clicked on a mobile app. you do it by accident. two third of the market cap of
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google and google had four times the amount of sales. you want to play would you rather? google is such a better buy than facebook at these levels but to your guys point -- i know guy has been saying -- >> they are saying buy. >> i say don't buy. i rather own google. >> trouble at 85 but people are too caught up on the revenue numbers. it's all about user growth. user growth is staggering. plus operating margins at 52% which i got to believe is a record for these guys much better than what the street was looking for. 32 times forward earnings. it's expensive? yeah, maybe. but with the user growth they're seeing you need to buy the stock. it's failed at 85 a couple of times but i think the stock goes higher. >> let's bring in suntrust bob pack who has been listening on facebook's conference call. any highlights? >> five key take weighs. one usage keeps going. mobile user is growing.
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daily penetration up. along with that the key here in the story and in answer to dan's question is arbu is growing. 50% off a 20 point harder comp. targetability is what's driving the revenues. mobile we talked about. days are growing faster and revenue he to look at 55% growth. margins which we hit on here, 54% xfx. incremental margins almost 50%. they are spending money on r and d. on the call, look for the cost guide that's number one. number two new products to keep this revenue growth going. >> bob pack, thanks for that. we'll check in with you later. he was making the point of average revenue peruser. that's the metric you should look at not just the overall number. >> again talking about costs. they spent $23 billion. tell me how they will monetize
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that. >> two years ago everybody said they can't monetize mobile. >> what is mobile? they unbundled these apps. >> why wouldn't -- >> i'll tell you. >> please. >> they were jamming ads in these news feeds and that's on their main mobile app. they have this unbridled package of mobile apps. instagram. how many apps are you going to stick in between pictures of people's dogs. you have a ball. the stock is trading in a very the right range. 250e7 85 for the last nine months. it doesn't feel like it wants to break out. >> but it doesn't feel like it wants to break down. and when you can actually display that you have growth -- you brought up google earlier. my one retort is google is not showing us the kind much growth you want to have. >> 16% sales growth out of $60 billion number. >> i'm not saying they don't have growth. when you compare apples to
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apples, there's plenty of growth in front of them. . >> coming out hot here tonight. >> the bears on one side the big grizzly. >> he's making cogent points. >> but? >> i don't think the stock is that expensive. you look at 32 times forward earnings, i think it's a relatively inexpensive stock. and margins continue to improve which is a good sign. >> would you rather -- >> let's play the game. >> facebook or twitter? >> oh, wow. that's a good question. >> can you come back to me on that one? >> i think there might be more beta twitter. facebook had trouble at 85. i think it goes up. more bang four buck on twitter. in the game. >> right. exactly. >> i'm going take twitter as well. twitter is about nine months or thereabouts behind facebook right now in terms of where they are, where their growth is.
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they do have engagement issues, something they can't quite catch up with facebook because of the nature of what it is. 140 characters. growth there is incredible. >> news alert on tesla. >> you know who gets a lot of bang for their buck tesla shareholders. they only paid ceo elon musk $35,000 last year. that's down from $69,000 in the year before. of course he made less than both his cto, chief technology officer who earned over $17 million and cfo. don't cry for mr. musk. he owns 22% of the company. and that valued at about $6 billion. back to you. >> no tears shed here. thank you for that. tesla we should note nice move higher, above the two day moving average. very close to take out 2015 closing high of i think it was 219.99. >> stock has done everything that it should have done.
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went down that previous low of may low. closed up on that day. end of march. really hasn't looked back since. it's going to 225. when it gets there it will blow through it. technically the stock has done exactly what you want it to do. plus you got announcements at the end of the month. >> what's interesting but maybe not surprising on this battery announcement which was a home battery which could sell power to the grid, solar city got a nice boost. >> that's the story with tesla. at these valuations you have to throw the valuation out and belief tesla will revolutionize the electric grid and that's what you're buying here. i like it. especially with the announcement -- >> you're not buying the car company. >> no. i call it a venture capital deal and what i mean by that sue have to believe there's something more to this. it's a revolutionary product in the works and that's revolutionizing the electric grid and looks like you're
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starting to see them do that. >> they are innovative and talking about a guy, this is a tech company. auto company that is tech underneath. one thing you want to look at is on the charts guy, 226. that's where that 200 day moving average is. maybe it blows through there but that's going to be a tough area for the stock to get through. >> that's the level. whatever it takes. >> 221. >> more problems for qualcomm the new activist beating expectations but guidance coming in and falling. we'll debate how to play it. e-bay shares beating expectations. earnings report from petrobas. we're live in rio de janeiro with that story shortly.
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qualcomm falling after it cut its guidance. let's go to john. >> a number of issues here with qualcomm. first of all they say that the shift in share towards apple continues to hurt them, worst than they expected because samsung is particularly strong and not only do they not have chips in the galaxy s6 edge they
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are also not going to have their chips in the upcoming note, that's causing other manufacturers to move their product launches around to avoid apple and samsung and all of those hand set makers are putting more emphasis on their new hand sets which means qualcomm is not going sell as many of the older ones that make money for them. also just saying on the call they are experiencing more price competition in the mid-tooer as well as the premium tier and concerned about share losses on the lower end. the good news is that they are stabilizing the licensing business faster than expected and also put a lot of stock in the snap dragon 820 coming out in the second half. now how good that chip actually is and the chips after that in the road map will determine whether qualcomm is able to recover from this quickly or more slowly but they are saying they expect the impact from
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these issues that they've mentioned on the call today to continue into next fiscal year. >> we'll come back to you whenever there's a development. thank you for that. they cut their guidance for the year and at the heart it was the chip business. that's what john was talking about in terms of loss, right, apple loss and samsung loss. >> this stock has been sick. they announced a huge buy back and still didn't really do much. we know now why it's sick. margins are getting squeezed. so for me it's absolute no touch at these levels particularly after this report. >> maybe this makes the hand of the activist stronger? >> clearly. you have to be louder if not stronger. since july the stock has not performed for any number of reasons. china, earnings, it's had issues. 15 billion. we talked about it on march 13th. they announced the buy back. the stock goes from 72 to 75 and lowered the next day. i don't know if it gets down to
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that last level of 62 but it feels like it wants to head there. >> apple which is a customer there were rumors in march they would be dropping qualcomm for their chips in the next iphone for intel. this could be a real problem. to see this draw down in sales for just this galaxy phone, wait to see if it happens. >> let's get to another earnings mover, e-bay. that stock is higher. calls under way, john lipton joins us with the highlights. josh? >> well, melissa e may as you mentioned reporting beating on both the bottom and top. on the current call a lot of attention on that planned split of paypal. ceo talking about on the call -- take a listen. >> separation will enable each business to operate with greater focus and strategic agility and better position to capitalize on the respective growth opportunities. we believe more than ever that
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separation is the best path for e-bay and paypal and the right approach to delivering sustainable value to shareholders. >> now, he reiterated that split will take place. on the call you want to get more about the core marketplace, net revenue fell 4% and status of natural enterprise unit we'll stick on the call and bring you headlines as they come. melissa, back to you. >> at this point do you own e-bay solely for paypal? >> yes, and i do. but i would also say e-bay still has some clout to them as well. their gross volumes were strong. so i think there's a lot of reasons why i think this stock will get up to over $60 eventually over towards 65 or better by the time we get to q3 and the split occurs. >> i'm not a huge fan. i'm not saying you short e-bay. for me when i look at the payments base and i look at what paypal does there's a tremendous amount of competition, seems to
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me transactional finance, the margins there will get squeeze, the prices are going to come down. for me i don't want to own e-bay let lone the electronic garage sale. >> beginning of 2013 no fewer than five or six times this stock pushed up to this level and failed. i think this quarter, plus it's not that expensive. 17 times four earnings is not ridiculous for e-bay. i think this is the quarter. this is the quarter that we stabilize at 60 and then make the push to the next level. >> the only reason to own it is for this paypal spin in q3. i didn't think this stock would sell off. i was bullish positioned. i didn't think the stock would sell off even if the marketplace business stunk. i think they are on the wrong side of every e commerce trend. i think it will get taken out. facebook will buy it or google will buy paypal once it spun out on a tax-free basis. then i'll tell you what happens.
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you short e-bay, the stub. you get long paypal and that's trade you have on it. >> the point that you've got in place, in other words your protection to the down side is paypal, obviously and any selloff, in my opinion is a buy. very much like yahoo!. you got a llibaba and yahoo!. >> a slew of other earnings hitting the table. we got your earnings playbook and how we're trading the other big after hours movers. pete has his eye on one name in the home building space that was lighting up the options market. we're back in two. >> when i'm on "fast money" it's a complete rush. than a spontaneous moment.
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earnings out of petrobas. let's go straight to michelle caruso-cabrera live on the ground in rio de janeiro. actually in just a moment we'll touch base with michele. meantime let's check with mary thompson who has the low down on at&t earnings after hours. mary. >> mixed quarter for at&t, the telecom giant revenue missing estimates by a hair. earnings fell from last year's quarter they still beat estimates bay penny coming in at 63 cents a share on an adjusted basis. churn among at&t's contracted wireless clients dropped to 1.02% in the quarter. that's the best ever number for that period but subscriber growth for these customers slowed as well. at&t adding a net 441,000 new clients last quarter down from 854,000 in the fourth and 625,000 in the year ago quarter. commenting on its plan to buy directv at&t said it expects to get final approval for that deal in the second quarter and upped its expectations for savings
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from that combination. synergy is coming in at 2.5 billion dollars by year three up from an earlier savings of $1.8 billion. at&t is set to close on mexico transformation. back to you. >> mary thompson thanks. how are you turning this? >> i'm long at&t and not really a trade. it has a 5.7% dividend yield. they are making this acquisition here. but when you think about their wireless business it's challenged. the things that are going on there, price cigarette going one way and it's not bean profitable way for these guys. to me it's a yield thing. i know have this 5% buffer to the down side. >> well, i mean that 5% yield though to me makes it a little bit vulnerable when you look at the bond market. if we get rising rates your
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bottom proxy trades will start to couple. i know you're not making any huge directional call. >> keep an eye on the chinese names. china mobile. did you see the record numbers. >> you love that. >> it continues to go to new highs. records the other day. 53 million subscribers. mary said 400 some-odd thousand for at&t. they had 53 million new subscribers for the 4g network. china unicom has more upside. >> let's go to our earnings playbook. kicking off with las vegas sands a big miss on the top and bottom line. >> i don't think this was a big surprise here. the stock is down a couple of bucks. you look at it technically it stopped out or bottomed out at 50 bucks. that's probably the level you take a shot. these guys have less exposure set of values.
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it's not a big surprise. if you saw it get slayed down 10% or so then maybe you take a shot. >> next up. this stock is falling hard. fs networks ceo is going retire. >> beat on the top, beat on the bottom, numbers continue to shine terms of growth. this stock was trading up today. been trading up. security names and general have done very well as well as networking. a pause before it goes higher. >> cheesecake factory trading higher. missing on revenue. >> this -- they have a new menu at cheesecake factory. it's working. stock had that gap down. we're now fill that gap. you have a great risk reward, $48 on the down side. now you have the upside. i like cheesecake factory and i like cheesecake. >> who doesn't like cheesecake. >> we went on a double date --
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>> not a double date because we were just with each other. >> had cheesecake sampler. >> nice fireplace. >> there was a fireplace. after our tesla test drive. awaiting the petrobas release. let's go to michelle caruso-cabrera in rio de janeiro. what should we be looking for? >> we were given guidance the numbers would come out very soon after thundershowers. it hasn't happened yet. officially they are late. let's give them the benefit of the doubt. could be they are still writing up the press release or do an english translation as well. the board had to vote on whether or not to release these. the expectations were high that the vote would go for yes. there's a possibility that maybe we won get them. that's devastating to the stock. in the meantime i assume we'll get them sometime in the near future. we're looking for a level of credible estimate of the impact of fraud on the balance sheet.
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we'll be looking for a level of writedowns and impairments on assets driven by this ten year bribery scandal and scheme that has come to light in the last year. the difference between a write down and impairment you have a tractor that's so old not worth keeping. you throw it away. impairment i paid a tenth worth two. we're looking for a combination thereof. they think the vast majority of what comes out 85% will be according to analysts impairments on assets that petrobas paid too much for because we now realize most of the contracts in the last ten years were pad by 3% and that padding was used for bribes throughout the political system here and commercial enterprises here. winston cup series again still waiting for those numbers. they are late. back to you. >> thank you very much. michelle caruso-cabrera, as soon as we get those numbers we'll go back to michele in rio de janeiro. remember this is the earnings report that was expected out in
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december. held because of this scandal that basically enveloped the company, dragged down the stock. >> i don't know how you begin to trade this stock. i still think there's a lot of room to the down side. a lot of scary things. any glimmer of hope and the short has to cover. to me you have to stay away unless pete knows how to play tint options. >> that's what stood out. stock was trading around $56 share. up 50% over the last month. you can see how much of a boost it's gotten recently. they were coming after the seven calls and eight calls and nine calls. >> did you buy into that? >> die. they were very inexpensive and felt potential for a short squeeze and that's what i think part of this is about. part of it is the large short and news story. >> coming up next facebook earnings now halfway in. this is an after hours low for shares of facebook or close to it. it had broken through 82.
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there we go. up to 81 in change. latest headlines from mark zuckerberg. it took tennis legend serena williams, fencing champion tim morehouse and the rockettes years to master their craft. but only moments to master paying bills at chase.com. depositing checks at the atm and transferring funds on the mobile app. technology designed for you. so you can easily master the way you bank.
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the call halfway through. the headlines fresh from mark zuckerberg. we're awaiting petrobas earnings which could be released at any moment. we'll bring you those the second they are out. google why the tech titan could see a massive move tomorrow after the bell. let's start with facebook. conference call is under way julie boorstin has the very latest. >> ceo is saying in terms of guidance the company expects currency headwinds to being a greater in the second quarter than the first. he tightened the company's competence guidance range pulling it down from the top end of the range so the company's projected year-over-year expenses 55 to 65% down from the prior guidance which was as much as 75%. on the call ceo mark zuckerberg talked a lot about just how massive facebook's reach is beyond just the 1.44 billion people who use its core service,
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800 million people on app and 200 million people who use instagram daily spending an average of 21 minutes a day. >> we're building this family of apps because we want people to build a share whatever moments they want through all the different sets of people they care about. over time we expect people to share richer content with increasing frequency. we want to continue developing new and better tools to facilitate this expression. >> now both zuckerberg and the ceo talked about how the progress is make with its new video player. zuckerberg pointing to the milestone of 4 million daily video views and zuckerberg saying mobile ads will be key. >> we believe video will be a key. for 75% of video views occur on mobile and mobile video will become more important to marketers over time. >> another key area that's being
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talked about right now in the q and a session is the fact that facebook now sees more than a billion mobile searches every day. so that is a huge number. there's a question about what facebook can do to capitalize on that huge search potential. guys, back over to you. >> thank you. let's get more on facebook. bring back in bob pack. buy rating on the stock. what did you make of the call so far? what are the most important tidbits. >> pricing is up almost 300% year-over-year. that gives the targetability and advertisers are seeing. this is also being driven by new products. new multiproduct ads. as well as dynamic creative where based on the type of person you are, dynamically change the ads. video you already heard is very strong. that's driving larger clients. lastly here on the guide i think
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what's keeping the stock down after markets is this two q warning. but wall street was looking for that guidance. so it's good for the company going forward. >> bob that two q guidance julie made it seem like it's currency. what is it? should we be concerned or not concerned about the bacteria of that on facebook? >> it is fx. you're right. my client do look at both. at the end of the day when you want to get a feel for the organic growth you want to look xff. once that turns for you it can accelerate the numbers instead of achead wind. >> bob, we'll check with you later on. are you still skeptical? >> that video number, last quarter they said they were getting 3 billion now getting 4 billion. that's what you can monetize. you have to watch that ad. that's fantastic. let's remember that google, we just learned a couple of months ago youtube doesn't operate
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profitably. they had 3.5, 4 billion in sales. it's not a lay up. fantastic growth. we remember thinking back 15 years ago eyeballs and all this sort of thing. it sounds great. until things decelerate. until things normalize. be a little skeptical. >> time for pops and drops. visa. >> the stock made a new all time high. 69.90 a matched high from a couple of months ago. the real news is that china is going kind of just kind of relax some regulations about foreign. leapt visa go in there. this is a big opportunity. if you see the stock back at 65 where it closed yesterday you buy it right there. >> nokia up 2%. >> couple of brokers upgraded the nokia deal. i don't get it so much. the stock trade nod where. if i'm flipping stocks i don't
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like it. >> big drop for cree. >> when you look at the margins it wasn't very impressive. for all those reasons the stock was down 8.5%. until it can get to 37, 38 stay away from it. >> pop for mcdonald's. >> lousy revenue. comps on all the meaningful regions lousy. but for the fir time since jim skinner left they said we're taking meaningful steps to improve our business. they will unprofitable restaurants. they finally said what the street wants to here. the stock still needs prove itself and get above 100. but a first time in a long time you'll be impressed. >> investor meeting in may. still ahead, qualcomm, we'll take a look. analysts downgraded the stock ahead of this report after the break. rough day for home builders. we'll tell you the one name.
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to the conference cull. chris good have you. we should note you did downgrade the stock shortly after the pare down information came out. >> that's right. >> now what with qualcomm stock? >> it was a mixed bag, mostly negative today. the good, the quarter wasn't that bad. they also announced a cost-cutting program so they are looking into ways to hopefully help operating margins. the bad was guidance. and they really talked about samsung, this product cycle moving away from qualcomm and they actually admitted it was the next note as well as the galaxy s6 that we suspected they might move away from. the last reveal was really pricing and that's pricing both for chips as well as hand sets. they make about 3% royalties on the end cost of a a hand set. if those hand sets fall and
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emerging markets mixing up here that's pretty negative for them. >> they are coming out with a new chip in the second half of the year. how much hope should we pinion that chip once they lost this share. how easy for qualcomm to get into these phones and hand sets once again. >> they are very optimistic. they had -- they made it very clear their optimism to get into samsung the next product cycle. i do not believe that. i'll believe it when i see it. i think it's very difficult once you are design out and samsung has kraelted these products themselves. they want nonetize those initial investments they made. i think they will keep them. >> chris got leave it there. thanks so much for stopping by. that's a tough one, right? once you're out of it -- >> you're out. >> hard to get back in. >> we said it earlier this stock since july has not traded well on what's been a tremendous broader market. you look at texas instruments,
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is qualcomm spread its space. it feels like it wants to head to 62. i this it feels it wants to continue low. we've been saying that for a while. >> how about the numbers out of broadcom. it's very specific in this space. one thing i say in terms of activist management discussed this a decade ago splitting this company up. i think they are going to press on these guys pretty hard now. >> the bigger question is this a trend? we saw margins -- we saw pricing weak. it's across. we were talking about asps on the hand set. they are going lower. globally android has 80% market share and their asp average selling price is $260. apple which has much smaller is like $650 or maybe even a little higher.
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they are going see a conover against in asps. the it's a commodity business. >> it seems to me it plays into intel's hands in the fact that they have failed at the mobile part. >> rough day for the home builderbuild e ers >> this one is lennar. we had a paper early on in the trading session. the builders index. then we get this lennar. whole industry was down for most of the trading session and didn't recover the way the rest of the market did. june 50 calls extremely active. this is a stock that was trading 53. pulled back and now trades at a much different level. 12-1 calls. about 5,000 traded. very small open. somebody thinks the stock has some interest in it. >> free bass earnings still not out. should shareholders get worried?
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tim seymour owns the stock. tim thanks for phoning in. we're expecting them shortly after the top of the hour. here we are 44 minutes in and nothing. that doesn't bode well. >> no. this is petrobas. nothing would surprise me. the release of these audited financials is important not so much of the write downs but because they have to do this to avoid technical default and when the stock gets down to five bucks a few weeks ago largely it was there because people were talking about the viability of the company. we have to get these numbers out. to me, it's a given they are going to come out. granted i am long on the stock and i think it would be catastrophic if they didn't come out. here's a company that we know production in growth slower. we know the balance sheet is impaired. there's been tremendous amount of fraud. a lot of people view this as hey it's a cheap asset play, maybe
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this is a new beginning for the company but as you guys said on the desk most people are neutral. a lot of people don't want to touch it. this was about buying a stock and an event that i felt it had to happen. >> do you deed your position? >> there's a couple of things you want to hear about. if you're playing petrobas i would argue 20% call on oil, 25% balance sheet call, probably 30% governance call and 25% brazil call. so in term of the balance sheet we want to get an understanding of where liquidity is for the company. i think when you look at the corporate governance story there's going to be a board election on the 29th. we hope they vote in an independent director. whether that person can do anything on this board is another question. in two to three weeks we'll get guidance. that's when you get back to normal which is never normal for petrobas. those things can get you
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excited. even mark down production, i expect it. the street prices that in. expectations are very sober at this point. >> tim thanks for phoning in. tim seymour joining us on the fast line. again as tim said, it would be catastrophic if these audited financials don't get released tonight. we're awaiting them. as soon as they come out we'll bring him to. >> up next an unlikely partnership between audi and amazon. details avenue service. still ahead today was a big day for earnings but tomorrow could be even bigger. you may see a huge move in google. much more "fast money" straight ahead.
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a new venture from amazon could help solve the problem where to deliver package when is no one is home. "new york times" is reporting amazon partnered up with audi. customers who order on amazon and drive audi, they can give permission to unlock their trunk. what could go wrong? >> what could go wrong with that
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whole thing, right? would do you that? >> this is true. >> you're mr. technology. >> i never bought anything on amazon. >> online period. >> on the line. >> i lus hayou also have a pick. >> give me a trade on amazon. please? >> i think visa showed it can make money and he'll revert back to where he was before. >> that's why it's downgraded. >> yep. he's a sharp one. >> he upgrade. he saw 21% rise in the stock. >> ama stone is a little freaky. said around these levels up here too long. it might break to the upside. >> google reports earnings tomorrow after the bell. some traders expecting some big moves from the tech giants. question is which direction. dan is at the smart board. >> we have this whole on the line segment. google is reporting tomorrow
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night. until played move is about 4%. that's how much it's moved on average. there was an interesting options trade i saw today in the class c shares. there was a buyer of 1800 of the may 575 calls. paying $3.70. that's $677,000 in premium there. what's interesting about this trade is a, your don't see a lot of big chunky directional trades in google especially in front of an earnings event. when you think about what's going on here this, is the range. 4% in either direction. this is a support level. bit of a resistance level. the break even superhere. that's up 7.5%. almost double. when i look at a trade like this it's likely a long holder of google looking for leverage into a volatile day. if you get that move higher, you get the direction right and magnitude of the move right, these calls could add a lot of leverage to existing long position. >> do you like google's snerngs
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>> dan convinced us all google is the place to be. he's pushed us on google. yes, i do. >> would you rather? >> would i rather google or facebook? >> right now given the gross side of it i would go with facebook especially on the selloff. >> i would still rather go with facebook. i think they have so many other ways they can monetize. but there are more ways than a mobile app they can monitise 1.5 million users. >> facebook is off the after session lows almost $83. for more options action check us out on friday at 5:30 eastern time. once again let's take a look at facebook here. after this spread we'll get the final word on the conference call and a special edig of final trades in honor of earth day. our traders are taking a page from captain pla nept's book for your first move tomorrow when we come back. here at td ameritrade, they work hard.
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wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this. ♪ ♪ (under loud music) this is the place. ♪ ♪ their beard salve is made from ♪ ♪ sustainable tea tree oil and kale... you, my friend, recognize when a trend has reached critical mass. yes, when others focus on one thing, you see what's coming next. you see opportunity. that's what a type e* does. and so it begins. with e*trade's investing insights center, you can spot trends before they become trendy. e*trade. opportunity is everywhere.
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why do we do it? why do we spend every waking moment, thinking about people? why are we so committed to keeping you connected? why combine performance with a conscience? why innovate for a future without accidents? why do any of it? why do all of it? because if it matters to you, it's everything to us. the xc60 crossover. from volvo. lease the well equiped volvo xc60 today. visit your local volvo showroom for details. still no word on the petrobas earnings release. let's check in with michelle caruso-cabrera who is in rio de
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janeiro. michele? >> we were supposed to get them near the top of the hour, melissa but as you can see they are late. we're not sure why at this point. we're still acting under the assumption they will come out tonight. we have a producer upstairs where a news conference will be held and all the pr people up there are acting as if something will happen. servicing delayed. you heard tim seymour earlier if the board doesn't vote to release these numbers it will be catastrophic for petrobas and its stock. back to you. >> let's check in on the other big story and that's facebook. still lower in the after hours session. let's get to bob peck. what are your telling clients. >> five key take weighs. first user engagement, the fact it's being used more daily than monthly showing the product is working. number two, it's working for the advertisers. pricing is going up 3x. number three, the optics, they
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are investing in the right things. r and d but lower than we thought. that's a positive. number four, huge long term opportunity. not monetizing at all. messaging, search, e commerce all these things are still to come. lastly stock is cheap. 32, 33 times earnings for earnings growing 40 times plus. good return >> you're telling clients to buy tomorrow. >> we would be buyers. >> thank you. bob peck of suntrust on facebook. you guys still are buyers. >> still buyers. >> you're still a buyer. >> now you're neutral. >> i'm not saying short it. listen, there's other stocks in the market. >> that's funny if bob suntrust worked at suntrust. >> hilarious. >> today is earth day so we decided to enlist the help of 1990s cartoon hero captain
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planet. let's find out what each trader has starting with pete. >> allete. wind farmers and utility company out of minnesota out of duluth, minnesota. this stock going higher. >> let's find out what b.k. has been assigned. >> fire. that's a great one. so this is one i have been burnt by before. and i will go back to fire eye now because yes you want to trade with the momentum that management wants the stock higher. they want it lower earlier now they want higher. >> i never thought i would live to see the day. let's find out what dan has. >> water. >> all right. it's pepsi, sugar water. what? yeah. they report tomorrow morning. if the guidance isn't horrible and the stock is around 97 buy it for a move back to 101.
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why am i relating this to water, if you want to sell sugar water best of luck. >> keith. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. >> hey i'm cramer. welcome to "mad money." welcome to cramerica. i'm just trying to make you a little money. my job is not just to entertain you but to educate and teach you. call me at 1-800-743-cnbc or tweet me @jimcramer. turn arounds are like fairy
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