tv Mad Money CNBC April 22, 2015 6:00pm-7:01pm EDT
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buy it for a move back to 101. 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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tales. they barely come true but yesterday they looked like they could become reality. nasdaq advancing .42%. yet today the market embraced the quarterly reports from coca-cola, mcdonald's and yum as legitimate turn arounds. two others are being reevaluated on the fly and could be considered works in progress despite what some might view as dismal disappointing numbers. emphasis on some because many believe there's a pulse in both where they would have been down substantially. all five are tales of hope that could lead to big gains if there's real follow through. let's start with the concept of the turn around and why they're so difficult and so monumental if they work. the pay off could be huge and failure rates extraordinary as very few are able to pull them off.
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wall street is littered with sales turn arounds, resurrections that didn't occur. i can't count the companies falling by the wayside. mainframe companies driven out of bisby mini computers. personal computers obliterated by handsets. think of the dot coms years ago and almost none could avoid a wipe out. consider all the retailers that couldn't avoid demise. circuit city borders. many were attempting to turn and plain ran out of cash. others were destroyed by online competition and then there's the rare companies that figured it out. you can see how bountiful these stories can be when they get it right. starbucks was in free fall after it's founder left the company. it resurrected itself after he returned to the helm.
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what an amazing come back it was and you can see the stock's tremendous journey from 350 to $48. tomorrow we're going to find out how much higher the stock can go. i'll interview schultz on the closing bell at 4:00 to talk about the quarter. steve jobs leaves the company goes foul. he returns you get the begin ofgning of the greatest turn around in history. job's role undeniable. and there's rite aid. able to refinance and refurbish it's way to $8. it purchased a pharmacy benefit manager. it's leading the status of turn around and becoming an investable situation. where do they stand in their come backs? let's start with mcdonald's. ever since steve took over from don thompson at the end of january there's been widespread hope that the once hypergrowth chain could reignite with bold moves to bring up value. this morning mcdonald's reported
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a quarter universally panned by the media. i say, wait a second. mcdonald's did the revenue growth number meaning it equalled what analysts were looking for in sales and that in itself is a great sign. chief reason why the stock rallied almost $3 at 3%. even better he is work on something bold that will be revealed on may 4th. that was tempting. he gave us numbers that weren't horrendous. in the meantime that 3.5% yield keeps you warm until he really does deliver and the balance sheet makes that dividend one of the safest around. yum brands is easy. when you think yum you have to be thinking kfc and when you think kfc you have to be thinking china because the world other than china is saturated with kfcs not to mention pizza hut and taco bells. when it stumbled it wasn't kfc's
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fault. the growth engine sputtered. uphill ever since. almost no chain of any kind has ever been able to come back from minus 20% same store sales declines but yum did just as former ceo and now chairman told me it would. funny chipotle put up 10% same sales numbers and the stock got clocked more than $50. kfc put up minus 12% numbers and because we were looking for minus 15% it was a huge positive and will help contribute to 80 cents per share when wall street was looking for 72. hence how they rallied $3. yum intends to put up an additional 700 kfcs in china alone. that means more growth ahead. in fact the company said second half will be stronger than the first and that's a real turn. stock can go higher. coca-cola's come back it's harder to spot. a surprise off a 42 cent basis
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but unit growth numbers are nothing to write home about. it was also aided by additional days. it's focussing on profitability, cash flow, innovation cost cutting, advertising, including on the web. it has time to go but it will succeed on its journey. i'm beginning to look at coca-cola as a conservative call on the growth of monster beverage which about to be using the quarter and the new soda machine that can come out this fall. remember coca-cola has big stakes in both companies. you're still early but it's a lot better to be early than late. another 3% plus yield situation where you're being paid to wait. how about the more problematic turns, yahoo! and ibm. yahoo! had a big headline miss and terrible advertising numbers. stock was getting crushed until the ceo revealed she was going to find a way to monetize yahoo!
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japan in order to return more capital to shareholders. when you consider the montie montieizationmontie monitization you have a company at less than 0 after that. you may hate yahoo!'s progress and think the term which includes transferring most of its business to mobile can't succeed but remember the company has a terrific balance sheet and can make money on its own away from alibaba or yahoo! japan. how can that company stay independent with all of those paid views? no way i say which is why yahoo! is a buy here. for those that want to know who is doing well in the online space, look no further than facebook who reported a terrific quarter tonight although selling down because of a jump in expenses and currency head winds. the expenses is the price you pay when you have more opportunities than a yahoo! or
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any other company has. here's a company in the race against time to become a business that can compete in cloud, social mobile big data and analytics. i think it's making progress. i think the quarter showed real promise and that's why the stock has been rallying although like all tech companies ibm's legacy business can fall off faster than it can build up to smart strategic good parts. . in many ways it's like yahoo!. that said i'm sure ibm's new patron saint warren buffet had to like the quarter. all of these companies have one thing in common. they're hard to kill. i think these can succeed. some more than others but they all make sense to speculate on even after they made pretty big moves. here's my bottom line. mcdonald's, yum, coke cola yahoo! and ibm are fighting the way back into investors hearts. these fairy tales can happen to
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you if you're willing to be less critical that you might be about a once busted investment. steve in texas. >> caller: i've got a question for you about walmart stock. >> yeah sure. >> caller: i have quite a few shares in it. should i hold on or let go? >> oh i would hold on. i think walmart is going to be able to turn. it's been trading up a little bit. i'm not discouraged but i like target much more. brian cornell continues to deliver which is why target is in my charitable trust. you can follow them. and not walmart. allen in florida. allen. >> caller: jimmy a good tim tebow booyah to you. >> he's got the same arm i got which means two completions per quarter but go ahead, thank you. >> caller: what do you think about the newest offer to sell cyber security as a service. yesterday they announced the big
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deal with hewitt packard and announced partnerships with check points and these companies and others use fireyes data. cramer what do you think of the ceo and their first to market cyber security service. >> i think the leader remains going to be palo alto then fort net then cyber arc and then fireeye but you're right. the tail winds makes them better than the vast majority of technology stocks i fire. let's go to bobby in florida. >> caller: yes, sir, booyah mr. cramer. >> excellent. hit me. >> caller: yes, sir. talking about the directv merge with at&t. the only shot clock i knew was
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in basketball. what do you say? >> we're fine. at&t reported a terrific quarter tonight. i like what they're doing. all of that said verizon had a picture perfect quarter but doesn't have as good of yield. hard to kill is what i'm calming mcdonald's, yum, coca-cola, yahoo! and ibm. these plays make sense to speculate on. on "mad money" tonight how does a theme park post a record quarter when most of its parks are closed. i'll find out with the ceo of one amazing stock, six flags. and then i'm celebrating earth day with the green energy place that can help your portfolio shine brighter. plus chiptole is sliced and diced after earnings. why don't you stick with cramer. >> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets.
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>> the price of crude may have rebounded off it's lows and that remains terrific news for those feeling flush. regular viewers know that i like the theme park stocks as some of the best ways to play because not only do they have more cash in their pockets it's cheaper to get in the car and drive an hour to the closest amusement park. that's why i wasn't surprised at all when six flags the largest regional theme park operator, 18
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located throughout north america reported a solid quarter this morning. the erngs miss was entirely because of stock-based compensation expenses. more important revenues came in higher than expected. up 15.5% year over year. the number of customers with membership plans increased by 50%. very encouraging as we head into the summer months for the theme park business. it's given us a quick 8% as we had the ceo on at february. even trading at less than a buck it's still got a 4.3% yield. i like this one very much in the summer. don't take it for me. let's check in with the chairman and ceo about six flags. hear more about the quarter and where his company is headed. welcome back to "mad money". >> it's great to be on your show. >> how is it possible that you have a 53% gain in what i sympathy the most important metric i follow of your company. >> i think you understand the
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value offering that our season pass and membership program is for our guests and i think our guests have worked that out so we had a phenomenal start to the season with both season passes and membership programs kicking in and our sales have been astounding as you have described. up 53% as we go into the peak season and i feel good about that. >> what does your model show you about people that get one of these passes? how often do they come back? >> it's interesting. both with memberships and season pass we see visitation in any year being in the 3 to 4 range. so 3 to 4 times. and as you know jim, every single time they come they spend money. so that active pass holder is the most valuable sort of guest that we can get because on average they'll generate let's say 100 to $120 per season versus 50 to 60 for a single day
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guest. so pushing that number up is extremely valuable for the company. >> and again you always tell me that you add something new so when i go to the park this year i see something better than i saw last year. >> that's really true. we have something new in every park every year. innovation is in our dna and this year is no different. we have five world record breaking rides that are coming out that are very exciting and every single park has something. we're not only innovating in the rise we're innovating in our all season dining pass and various other aspects in the park so i think our guests will be very pleased with what they see. >> all right. the year over year obviously the decline in gasoline is very important. when you do your analysis of where people come from they there are a lot of people -- i go to the jersey one. there's a lot of people within an hour and a half of there. i mean really major metro areas. they might come in abundance with lower gasoline prices this year. >> i think it's fair to say and
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i know you love this comparison but it's fair to say that six flags is the perfect way to play the north american consumer. you know we drive both growth in the share price but also growth in our yield. we have been really well as you described the 4.2% yield today. when you look at our consumer we have the whole demographicic. we have 175 million guests within 100 miles of the park and the gas price is low. so it appears to be working in our favor. certainly in the first quarter with a 13% growth in attendance. very strong performance overall. >> one of the things i love is that you innovate and not just in terms of technology but you have this idea -- those of us involved with high school seniors we don't want them driving after -- sometimes they get a little carried away. we want them to be in a safe place. this must be a parents dream.
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>> it's an absolute dream and very successful in the parks where we implemented and we're expanding the number doing it and it's been a huge success and growing rapidly. in addition we talked about innovation and we introduced or we're going to introduce holiday in the park at your local park six flags great adventure this year and that will be a great success as it has been at the six other parks that had that program. >> how much do you think was weather? i don't want people to get too carried away in thinking that year over year the numbers were so good. you know how excited i am about the story but i never want people to feel way too bullish if there was something weather related that helped. >> i think weather was actually not dissimilar to prior years so
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maybe it was a bit better. but the single greatest factor has been the approach we took to our season pass and membership program and really driving that growth early and that has been a huge success for us and the momentum is very very strong jim. i'd also echo for you, you know you love cash erngsarnings per share. i know you do. in this last period we're up 28% and if you go back four years, four or five years our average is 23% per year. we're in a position now where we're really set up well to be able to achieve these goals long-term. >> well, you done a remarkable job and you know i recommend your stock to everybody. it's the ultimate play for america and i love your dividend. your distribution. fantastic. chairman and president and ceo
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of six flags. thank you so much for coming on the show. >> thank you, jim. it's a pleasure always. >> thank you one of the easiest stocks to own for people that want growth and income. this is a terrific stock. stay with cramer. >> coming up holy guacamole. cramer uncovered a hot tamale buried in the quarter and no one is paying attention to it. he'll reveal what could make this stock sizzle like never before. just ahead.
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>> even as i think the latter represents a hideous overpay. but the epic decline in the price of oil hasn't just pushed down traditional energy stocks. the alternative energy plays have come down too and this group is just as right for the oil patch if not more so. since we're celebrating earth week this is the time to take a closer look at what's happening in the green energy space
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because i think some major deals could be in the works here. first of all we know that solar power stocks have been hit hard along side the traditional dirty energy fossil fuel plays and the etf that tracks the solar stocks it was down more than 23% because when the price of oil comes down so does demand for alternative energy or at least that's how the stock market thinking goes. in short the solar stocks got slammed. most of them are still way off their highs which makes them much more attractive as takeover targets. funding for global clean energy companies exploded in the public and private markets. according to mercom capital total corporate funding for the solar sector including venture capital to private equity debt financing went from 9.6 billion back in 2013 to $26.5 billion in 2014. that was an increase out of
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nowhere. we saw 58 solar deals. in other words, if the group is larger more deep pocketed players are practically overflowing with cash. that tells me the entire green energy sector is ripe for consolidation. i think we're very much in the early innings of this story and i want you to cash in. because of the linkage with it. a big reason these green energy plays are able to raise so much capital has to do with something called yield cos. this is something we discussed a couple of weeks ago. remember we recommended sun ed edison. basically many publicly traded solar companies have been transferring their completed solar power projects to a dividend paying subsidiary which
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think spin off as separate vehicles. these are the so-called yield cos and those throw off a ton of cash which include the parent solar power company. why is this so important? it shows how the solar power industry has come up with a brilliant new way to raise bundles of capital. when a company like first solar spins off it's yield co via public offering it can then use it to find acquisitions of entire companies or specific projects. think of it like this in many ways these alternative energy yield cos are the green equivalents of the limited partnerships that we see in the oil and gas space. yes, these are steady eddie mlp like income producing businesses that are designed to help their parent companies raise enormous amounts of capital and we know this yield co strategy works. we know it because the stocks of parent companies that announced the creation of a yield co tend
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to gain ground. sometimes significant ground because investors realize this say terrific way to fund growth projects going forward. consider the stock sun edison. a full service energy provider. it soared 50% in a month last year. once the rumors that it would launch a yield co started flying. eventually they spun off terraform as a high yielding subsidiary and since then both stocks have been on a total role. roughly two months ago first solar and sunpower announced they would join a yield co vehicle of their own. first solar stock shot up 23%. sunpower gained more than 20%. in fact this strategy has proven so lucrative that some large solar companies are coming back for seconds. sun edisson plans to create it's second yield co. so with all of the cash flowing
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into the alternative energy space it's no surprise we have seen a lot of m and a activity. in 2015 the number of mergers and acquisitions increased to 116 deals. that's up from 81 deals the year before and nearly half of those involve the consolidation of downstream solar power companies. who is trying to become a green energy roll up titan? over the last five years the most active acquirer in the group has been elon musk. solarcity. and we've also seen a surge in companies buying large scale projects. last year we saw $2.3 billion worth of these deals. double the money spent on the transactions in 2013 but with valuations now depressed thanks to the collapse of all things energy caused by the decline of oil prices and so many of the
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larger alternative energy companies flushed with cash i think the wave consolidation has only just begun. which are going to be the biggest deal makers going forward? all you have to do is follow the money. money. terraform announced their plan. then in the summer we learned that they were merging with hawaiian electric. this deal was announced roughly six months after they created it's own yield co next year energy partner. do you see the pattern? earlier in the month pattern energy acquired three wind power facilities for 372 million. that was two months after 351 million via an equity market.
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they're spending money almost as fast as they can raise it and there's deals being done. i think it's too risky to focus on the smaller player. i can't count that. those are way too speculative. however over and over again we see the stocks of the acquirers rally of any of the news in the energy base. the keyers to buy the consol day tos. i'm consolidators. sun edison is off less than a buck from its high but i bet the new yield co will act as a catalyst. any future acquisitions will keep propelling the stock higher. same for first solar. i like them both. here's the bottom line. we are seeing an amazing transformation. if the story isn't getting nearly enough attention. i think it's time to wake up doond buyand do some buying of
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these green energy consolidators. a lucrative one too. bobby in texas. >> caller: booyah jim from aggie land. >> we like that. what's up. >> my stock is clne. clean energy. i have about 30% in this stock. what do you see it going long-term? should i buy, sell or hold here? >> i wish that i were seeing the transformation of natural gas in a broader form but it's not happening in a way that can recommend green energy. i like the company very much in principle but i can't push it as a stock. i stopped doing that a long time ago because i just don't see it happening. how about michael in arkansas please michael. >> booyah cramer from razor back nation. >> you bet. >> my question is about
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halliburton. what gives? >> this merger is going to be terrific for them. i think the world of it but i have to tell you, my charitable trust owns schlumberger and that represents a better value to me than halliburton because i loved the money they made despite the fact that drilling was down. why not we use earth day to talk about it? play consolidation with sun edison and first solar. more "mad money" ahead including my exclusive with an overlooked logistics player. ryder. i got the ceo. and the market burned chipotle after earnings but could this be your chance? plus a special edition of the lightning round is just ahead. why don't you stick with cramer?
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can it make a dentist appointment when my teeth are ready? ♪ ♪ can it tell the doctor how long you have to wear this thing? ♪ ♪ can it tell the flight attendant to please not wake me this time? ♪ ♪ the answer is yes, it can. so, the question your customers are really asking is can your business deliver?
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mind may go to the one way consumer truck rental business. the ryder of today is much more exciting. it's a fleet management and supply chain solutions firm which provides leasing and fleet support services along with a broad range of logistic solutions to tens of thousands of businesses. the stock is up more than 22% over the last 12 months. it's doubled over the last three years. i think it has more room to run because it's still fairly inexpensive. trading 14 times forward earnings estimates. more than that they had a robust quarter this morning. b even as revenues came in light. i don't think so. the stock rallied $1.19 today because i think people understood this quarter is one more of many great ones.
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let's take a closer look with robert sanchez to learn more about the quarter and his company's prospects. mr. sanchez, welcome to "mad money". >> hi, jim, thank you for having me. >> this is a very exciting business you've got and i want people to understand how you are leveraging secular trends in a big way that makes it so it's more advantageous to use ryder than build your own fleet. >> we're in the out sourcing business which means companies will outsource to us things they could otherwise do on their own. the trend that's helping us is those things are getting much more difficult and complex because of the quest for cleaner air and safer roads. so what that leads to is more regulation. more complexity, more technology. that's good for ryder. that means companies are more likely to outsource. as of now only 10% of companies
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outsourced those activities. we have a large market to penetrate as these activities have gotten more complex. >> when people see trucks for instance you have a maizing relationship with cvs health. >> that's correct. that would be called a private fleet. it's a company that needs a truck to move their product although they're not a for hire carrier. they with outsource to somebody like ryder which cvs happens to do that. so when you see a truck that has a cvs logo on it delivering to a store that's going to be a ryder truck with a ryder employee driving that truck. >> once you get into fleet manager situations you then become capable of getting the dedicated solution and all of the supply chain solutions so once you're in the door people recognize that ryder does it better than they do. >> that's right. it's all about being more efficient and being more
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reliable and being able to do those things more safely than customers can do on their own. with the amount of experience we had we maintain 200,000 commercial trucks. we employ over 6400 commercial drivers which is a real challenge for folks nowadays. there's a driver shortage. we hire drivers and train them and have ways of retaining drivers and that allows us to bring expertise to customers like cvs. >> you just mentioned the labor shortage. there's a technician shortage. with new emission standards people don't know how to do those. on earth day, these are all things that most companies that have no idea how to do that ryder is an expert at. is that right? >> that's exactly right. in a flex to green lease we will lease a customer a diesel vehicle if they're not sure they want to get into natural gas but if they're two years into the lease and they decide now is the right time to switch to natural
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gas or some other type of more sustainable vehicle we will allow them to return that diesel vehicle and put in a more sustainable type vehicle. >> now about how the business that is the used trucks so to speak. >> that's right. we're the largest resaler of used trucks in the u.s. that's been doing well over the last several years as the price of new trucks has increased ex exponentially because of the changes that helped clean up the air and get the air coming out of these engines cleaner. the price of the new vehicles has gone up significantly and the price of used trucks has also gone up. that's aloud us to capitalize on some of the opportunities that we have in reselling the trucks that we then build into residual values for leases for our customers. >> what a great model. last thing you talk about pricing was incredibly strong and it just seems like to me
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that you are also a great play on the recovery in the united states business. you're largely a u.s. company. >> you're exactly right. about -- over 90% of our revenues come from north america. over 85% of them are from the u.s. we're viewed as a pretty good barometer. we do business with over 50,000 companies. many of them small to mid size so when their business starts to improve they'll come in and rent trucks from us. when things go the other way the trucks will come back. well our rental business has been strong over the last year and a half to 2 years. we saw that continue in the first quarter. so from that vantage point i would tell you the economy in north america looks good. >> what a story you guys have. i am so glad you came on. we profiled you a couple of years back and i said we have to get him on. robert sanchez, chairman and ceo of ryder. thank you for being on "mad money". >> thank you for having me. >> i think these guys really have it going. stay with cramer.
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round. and then the lightning round is over. are you ready? time for the lightning round. cody in utah cody. >> booyah from salt lake city. solarcity, is that a buy, hold? >> it's a hold for me because i prefer first solar or sun edison they have been very right. >> now to go to zach in new hampshire. >> zach. >> cramer. following alibaba stock for a little while and it seems like all the headlines are behind it. >> my way to play alibaba has been consistent. i like owning yahoo!. i'm not deterred by last night's quarter. let's go to juan carlos in florida. >> jim how are you? big fan. >> excellent. thank you so much. what's going on. >> tell me what do you think about hawaiian holdings?
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>> if you're going to be in the airline jous to be airlines you have to be in spirits. we hear from love and that will also be very interesting. paul in texas. paul. no, we're not going to do that. that's low cost. james in connecticut. >> jim, congratulations. >> thank you very much. i'm second guessing my sale of twc. time warner cable for 151.58. >> remember this one is in talks to be acquired by the parent company's extranet work comcast. i'm not sure what will happen there. i can't hazard a guess about what's going to happen. let's go to jerry in florida.
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jerry. >> how about carnival? >> i think carnival is terrific. that was a beautiful number. i think the stock can go higher. i love that business right now. also does well with low fuel. so i think carnival is good. and that ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by t.d. ameritrade. working 24/7 on mobile trader, rated #1 trading app in the app store. it lets you trade stocks options, futures... even advanced orders. and it offers more charts than a lot of the other competitors do in desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivative pricing model, honey? for all the confidence you need. td ameritrade. you got this.
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time they crush the stock at chipotle? and by they i am referring to those so-called investors that flee from the stock on any bad news because they don't understand that the company is in it for the long-term. how have you done if you sold on a day like today because chipotle tells you that things couldn't stay as hot as they have been. maybe we ought to let history be our guide. it hit $1,614 before it reported earnings. it announced a quarter that looked terrific on the surface but it indicated the cost would go up 150 basis points. it says that same store sales would decline maybe the high single digits. stock got hit and hit get. ten days later when the alleged
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enormity of the negative outlook was fully digested. but then what happened? simple the stock then proceeded to rebound. rallying up to $725 in early february this year. however ever since that historic run chipotle stock has been plagued by the loss of available pork for a widely popular disk. but now the stock which after taking a breather had rallied to within around 35 points of its all time high going into earnings proceeded to get crushed today because of why, same two issues. pork shortage and top ones ahead. i believe they were sandbagging with the previous outlook. painting too negative of a picture. wrong. i also thought many believed the pork problem would be put behind them. when we heard that same store sales had slowed and would slow
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further later this year as the comparisons get really tough along with the fact that the pork problem is still an issue and will continue to be one from the fourth quarter well the battering ram came out again. the problem is with the stock not the company. there's nothing new here. the company's management cares passionately about animal rights and will not sell pork if the pigs are mistreated. they want it's suppliers to have access to the outdoors not to give it antibiotics but big corporations often raise pigs in what can only be considered torture factories with no access whatsoever to the outside. that's unacceptable in their management and they believe to their customers as well. the problems of course is that it's totally acceptable to a lot of other restaurants and consumers and therefore the industry has been slow to change in order to give them enough pork. so it's difficult to figure out how much of the miss came from the pork shortage where chipotle
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tried what's known as rotating blackouts and disappointed customers and many stores didn't have a lot of customers there. why do i say nothing has changed? chipotle is making 500,000 more per store. record $2.5 million. that is incredible. especially when you consider that the company added 600 new restaurants. a lot of that is because the public hates conventional fast food. they make use of 800 artificial ingredients and processing agents in their food. including 85 ingredients in a single fast food burrito. there's only 68 used in the entire chipotle. that is what is driving their amazing long-term sales plus adding apple pay with the apple watch and new way of delivering.
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it will drive much faster through and we had them on a lot of times. what a company. ultimately higher companies and let me order burritos without having to go to the store. in other words i think we're back to the 2014 scenario where the expectations have come down and those that went in for the long hall need to make their moves. last year didn't stop falling immediately. it fell 7% today. i think it can still go down a couple of more days and then you have to make your move. sorry again nothing new. just the same old great tasting food best in class management and a terrific stock that is taking it's annual breather. stick with chipotle. stick with cramer.
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(man) the sharks are back in an all-new season of "shark tank," where hopeful entrepreneurs from across the country dream of a chance to secure an investment and gain powerful partners to start, grow or save their business. if the sharks hear a great idea... we're gonna be in 3,000 stores. keep going. keep going. they're ready to invest, using their own money. my offer is $100,000... for 30%. and they'll fight each other for a piece of the action. i'm willing to give you $175,000. (kevin) whoa! mine just went to $200,000. (kevin and robert) whoa! but first, the entrepreneurs must convince a shark to invest the full amount they're asking for or they'll walk away with nothing. it doesn't sell on a shelf-- correct. that's not good. i don't want to tear you to pieces on this
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