tv Mad Money CNBC April 24, 2015 6:00pm-7:01pm EDT
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way to play it. >> dan. >> twitter is going to move one way or another here and if you think it has the potential to move like amazon or netflix you look at the may 52 60 call spread. >> our time has expired. i'm melissa 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 fine it. "mad money" starts now. >> hey, i'm cramer. welcome to "mad money" welcome to crameria. i'm just trying to make a little money. my job is not just to entertain you but to educate and teach you. so call 1-800-743-cnbc. you've heard a ton about this earnings season. i say don't tell that to anyone that owns amazon, google
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microsoft or starbucks because these stocks exploded higher today on better than expected earnings and last i looked those are pretty darn important big stocks and they propel the averages with the dow gaining 23 points and nasdaq falling. .71%. why don't we do this? let's stop it with the woeful earnings and start taking advantage of the opportunities where ever we can find them. we kick things off in the most important earnings report of all. that's apple which announces it's quarter after the close next monday. we'll be out in san francisco. we'll be like apple central. just in case you're watching the show for the first time let me say i believe in owning apple not trading it. owning not trading. as long as am remains cheaper than the average stock and s&p 500. as long as it continues to have the beautiful balance sheet with a huge dividend big buy back.
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as long as ceo tim cook and company keep creating breathtaking products i'm not changing my view. i'm not counting the number of phones or watches sold to make a trading decision about what to do here with apple. i think the watch will be a big hit overtime with lots of fabulous programs written for it. particularly health care programs. i have a loaner and let me just tell you something, see this arm, you'd have to saw it off right here if you want to get my loaner. well, i don't know. that's a pretty graphic pedestrians diction of what you'd have to do but i mean it. what should you do if maybe you own apple. nothing. what do you do if you don't? simple. you wait for some analysts to be disappointed with the quarter. some guy that is too short-term for my taste. and you seize the moment to buy the stock at an unexpected discount the moment this guy says sell sell sell.
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there's always some that wanted to call the big top. big top call at apple. that will be your chance with so much ahead. new phones apple pay, the watch, maybe apple tv. you need to own the stock. just like my terrible trust does. i wish there were more to it. own it don't trade it. tuesday, a lot to choose from. but let's start with cramer faif bristol myers. today we heard a rumor that they were going to buy celgene. you own it because it's a terrific company. they both have excellent anticancer franchises. the simple fact is they consistently traded down on earnings and up on approvals. my advice is to jump on this stock only on weakness. we also hear from ups which continually disappointed wall street even as fed ex keeps
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hitting the ball out of the park. will this time be different? i think yes because the ups i know can't possibly be this bad. if they disappoint again though would it be too difficult to remove the ceo and is put machine else in or is that too much to ask. or does the wall of shame back in. he's the most flamboyant and boisterous ceo. he's also the best in his business and i expect nothing less than a solid as can be number when t-mobile reports on tuesday. this company could consolidate or be consolidated. either way he's making some bucks. we get the first result as the announcement of the merger. i think you'll be surprised to learn that the company is doing far better than you think and the next leg up may be up. i would buy laugh before it reports and half after as this stock will be the defacto consumer package goods story for
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thousands of portfolio managers out there. they can't resist warren buffet. then there's twitter. they report after the close tuesday. here's another that i don't want you to trade. i think you should own it. i don't know when the break out quarter will come maybe it isn't even this one but you'll be kicking and screaming yourself if you miss it. i read an excellent piece on fortune magazine about how the insiders cancelled their cell program because of the heat i put on them through my various pulpits. why cancel a sell program if your stock is going down. even if cramer says you should? i think it's a terrific sign if they cancelled these programs. these cell programs because have to tell you, if you think the stock is going higher why would you sell it? twitter is a much improved product. i know if it gets hit we would buy more for the charitable trust because of its incredibly innovative pipeline. you know general motors and ford have been disappointed of late.
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i say it doesn't have to be that way. when you see fiat chrysler report that's right on time for spirit when it reports wednesday. boy oh boy do i like the save that's the symbol set up. many of the airlines that reported have had problems with the strong dollar because they have overseas roots. spirit is domestic. it is well off it's highs. i bet it takes flight after the quarter. no creature comforts. just a real good stock. let me give you a nutty one that i like even as many smart people tell me it's a fabulous short. grub hub. i said that wasn't a short. i don't think grub hub is. this company developed into a couple of delivery services that everybody has coveted. they get you food to you. i want to hear about the national expansion plans and
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maybe internationally. i want to hear about the possibilities of using a delivery network for other companies. it's about anything to where you want it including starbucks and chipotle. we want grub hub to demonstrate big wins too. we don't want to deliver. we want you to come in and have a cocktail or corona with me. if you want leftovers we put them in these bags. the last one that pop made before he passed away. how about marriott after the close. thursday we have to listen to what exxon mobil has to say about the price of oil and whether he thinks -- whether they think it's bottomed or not. are they going to put more money to work now? do they think that oil stocks are already too high verses the price of crude. does it have any production growth itself? it's frightfully boring but it can be the price of earning. sometimes stocks hit high in advance of earnings tell you
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look at me. it's been a brutal winner. this company technology is on fashion play. it's like under armour. friday we hear from cvs. that's v. not b. cvs. the drugstore chain. it has the perfect combination of sales in front of the store and amazing subscription numbers and pharmacy manager generating strong numbers. i would buy some options on the stock before it reports. i think chevron will say the bottom has been reached and it's now behind it. i didn't love the fact that this company is buying back it's stock high. then when it hit lows management backed away from repurchasing. i want to hear that they think their stock is bargain. stop moaning about bad earnings. we got some fabulous ones today and they make you money.
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next week will be different. get comfortable and start doing buying. john in california, john. >> caller: hey, this is john. jim, i love you. i love your show. i just want to find out about gilead and what's going on with gilead this week. >> it's got a problem. it's a high quality problem if i don't say so myself. it has too much cash. it has to make an acquisition. it has to make something that makes people feel like don't worry if there's too much competition. i am a fan of gilead as i am a fan of regeneron and biogen as they are the four horse men that i wrote about. greg in new york. greg greg. >> good evening. i'm trying to find out what's wrong with alcoa. >> people are concerned about the price of aluminum. people feel that alcoa is going
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to be hurt by chinese dumping. i don't think they're going to dump. i think they need it. it changed the equation. i'm viewing alcoa where it will be six months to a year from now. therefore i think i said it it's a buy. dick in virginia. >> hi a great big booyah. congratulations on your wedding and health and long life to you. >> thank you, same. >> their earnings are decelebrating and and it's rather high. they're going to nail it. and the second is gilead's earnings are due out next week. i wonder if that's the escape into earnings. >> they have to be able to show what they're going to do with their cash because the hep c drug is generating so much of it. we get even more dayta about that
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alzheimer's drug and then we have the number that's not so hot. every time these stocks get hit, they have something else in the pipe. i say biogen it's okay. after down 28 day. it tends to be down. 350, 360, that's where you buy. >> stop signing about earnings. we have great reports today and they made you real money. get ready for more next week. i think you have to buy some of these in weakness too. mad money tonight looking for a way to play oil and gas, don't miss it right off of earnings beat. are all of the rallies the real deal? don't miss my take. plus a stock helping companies make sense of huge amounts of data. i say stick with my apple watch which you'll need a saw to -- oh, okay. stick with cramer.
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>> have a question tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. ♪ ♪ ♪ (under loud music) this is the place. ♪ ♪ ♪ eir 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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when a ceo with a terrific long-term track record comes on this show and tells you his stock is being misjudged by the market you better sit up and listen. roughly three months ago when the price of oil was still languishing they reported a disappointing quarter and it's stock which had already been more than cut in half over the previous nine months dropped 10.7% down to $89 and change. regular viewers know that i view core labs as the scientist of the oil patch. it uses it's technology to analyze fluids and oil reservoirs so that it's clients can increase production. now after that very session he came on the show and called the
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bottom. he nailed it. since then there's a 40% return in less than three months. it roared yesterday and rahal lid nearly 10%. even though the numbers were down they were much stronger than wall street period especially given guidance for the next quarter. of course core periodlabs had a monster move at this point. it's still well below a year ago. has it finished or does it have more room to run? let's check in with the chairman and ceo and find out more about the quarter and the future of the oil patch. welcome back to "mad money". >> thank you and congratulations on the nuptuals. she must be quite a woman. >> yeah she's quite a gal. >> your key reservoir description business which is so important we talk about it a lot that if you use constant
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currency you would have had -- i find this unbelievable, you would have actually had a better year over year than the previous. how are you able to make more money than last year with oil basically cut in half versus last year? >> well that is correct and if you look at the make up of that that is a very international based business and very concentrated in large scale crude oil and lng projects around the world. these projects tend to go on through high and low oil prices because they are multibillion dollars of investment. so reservoir description concentrates on projects internationally that are oil related and that's why it has such a resilient revenue stream. >> you're really out there. i'm listening. you gained some forecasts at the
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beginning of your conference call where you just say listen you see a v shaped recovery lead by higher commodity prices. you did not hedge on this. you just said outright that the declines in the united states are going to produce better prices by the end of the year. >> that's right. as we speak the u.s. oil production is rolling over. right now we're producing 9.2 million barrels per day and we predict by the end of the year that will fall below 9 million barrels a day. to year over year from 2014 to 2015 u.s. production will go down. these have very high annual decline curve rates by 70% in the first year 40% in the second year and 20% in the third year. when you look at a 5.6 million barrels a day base with those decline curves it doesn't take long when you cut the rig count in half to get a fall in u.s. production. more over, around the world
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we're going to start to see the amount of crude oil produced rollover as well and recent gains in the middle east probably won't be scalable long-term. we ought to see a very tight crude oil supply and demand market. higher crude prices with a v-shaped recovery and activity lead by the shales in the united states. >> given the fact that you talked directly about how demand is also increasing are you looking at something you can go to 70, 80 90 somewhere in that range? >> yes, jim. if we look at brent crude prices and wti crude prices on a constant dollar basis year over year wti would be approaching $2 barrel. there's a dollar strength component in there. by the end of the year in constant currency we would have crude oil brent up in the 80s and we'd have wti pushing 70.
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>> at the same time some of your businesses are more important than ever. when you have an oil company and it's trying to figure out where the best properties are you call in core labs to figure that out, right? >> that is correct. when you look at the recovery factors from these they're below 10% right now. our mission is to get that recovery rate to 12 13 14%. if we can do that the return on their invested capital in projects like that skyrocket opening more areas for more exploration in production from the shales. globally, the natural recovery rate is about 40%. hiring core lab we can get that up to 42 43 44%. on billions of barrels in the ground when you add a couple of 300 basis points you're talking about a lot of crude oil and a lot of free cash flow for our clients. >> also seems like it's good free cash flow for you. you yielded $72 million in free cash flow which is the most for any first quarter in core labs history. o obviously there's parties of
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your businesses that did not turn down despite the fact that oil came down a lot. >> that's correct, jim. we have a lot of high margin technologies that we put out around the globe. we did harvest our balance sheet with a lot of the receivables coming in. we turn 34% of every revenue dollar into cash which is probably the highest of services. >> that's why you're at the top of the bloomberg cohort. a lot of european companies are very concerned, europe is concerned about gas product. they're afraid of being cutoff. when you say that lng are long-term projects are some of these necessitated by the fact that the west does not want to be hostage to gas prices. >> if you look at europe they should be doing more to develop their own internal gas supplies from theirs.
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lng will be the answer. we have big lng developments in the eastern mediterranean and if you look at east africa again, really giant projects. hopefully to deliver that over the next several years into western europe to lessen the need for the import of russian gas. >> so you know that the one off of israel. >> that's correct. we're doing a lot of work. it's a multitrillion cubic feet of gas in the ground and it will produce over the next 40 or r5050 years. it's a game changer for those in that area. there's also been discoveries by bp and that gas will be domestically used into egypt. >> you're ahead of the curve. no doubt about it. i want to thank you for calling the bottom. that was a great 40% gain you gave our viewers. chairman and ceo of core labs. >> thank you so much. >> thank you so much sir. >> i don't know anyone that
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would know more than david. but boy, david is bullish on oil. that tells me it's going higher. >> coming up big data dynamo click helps thousands of companies around the globe make sense of mountains of information but can it keep you connected to profits? cramer has the exclusive with the ceo fresh off a big quarter.
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do y ou like to travel? i'm all about "free" travel babe. that's what i do. [ female announcer ] fortunately, there's an easier way, with creditcards.com. compare hundreds of cards from every major bank and find the one that's right for you. creditcards.com. it's simple. >> last night we went 4 for 4 with amazon google, my voicrosoft and starbucks delivering fabulous quarters. they were perfect for this market. first there's presentation. all four held superb conference calls. something that matters at this point in the period. second each had a much more positive story to tell than anyone expected. so what went right? let's take amazon. they actually told us something. in the past amazon's conference
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calls have been with exchanges just sleep walking and contemptuous at times. not to mention frustrating for anyone who is trying to model the next quarter of the next year. not this time. this time we heard a break out of howell they're doing. turns out it's fabulous for amazon. a line item that could be insanely lucrative. plus the company told stories of potential good tidings in india and china which seemed pointless. you can hear the jeers turn to cheers and the stock which had started to recoil before the call only zoomed up $56 in more than 14% to a new high. how about google. we already knew that growth was slowing as the company was losing ad share to facebook. that was a given.
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we heard nothing different on the front last night and the numbers were considered disappointing but this time we heard two things overwhelmingly positive on the conference call. first google's main problem was the company's inability or unwillingness to monetize youtube. it began to think that google had become an expensive laboratory where one business search carried all the others and it was carrying less and less but if youtube gets monetized google would have had the fifth network. abc, cbs, and fox and google. beyond that google talked the talk about wanting to hold down expenses by stopping the willie nilly hiring and wasteful projects that would never produce earnings. this time they walked the walk. not talked the talk and we discovered google has mound of cash flow once expenses are under control. it was stunning just how profitable this company is right now and that's what sent the
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stock roaring today despite the biggest head winds and made us forget all about the troublesome european monopoly too. microsoft is a testament to what happens when you blow a previous quarter. your estimates get slashed and the downgrades come fast and furious. the expectations get reset and the company can then knock it out of the park like microsoft did last night. what did i love about this quarter? microsoft's presentation was clear and concise with three easily split divisions. cloud, windows and devices all saying good things. cloud growth off the charts. they gave you a big upside because it wasn't as bad as feared. devices, let's say this is suddenly something that can be spun off to unlock a ton of value. a superb conference call from a team which is why that stock rocketed more than $4 or over
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10%, big move for a big gap stock. finally there's the blowout from starbucks. it was all about traffic being up. gift cards being redeemed. mobile pay, speeding lines, food coming in better than expected with company producing same store sales up 7% and up 12% in china. double digits. starbucks is now an accelerating growth story with a packaged good aisle space kicker. i was astonished how this one was. this is a different better starbucks story than people thought. hence why starbucks gained $2.41 or nearly 5% today. heres my earnings season bottom line. it's rare that everything comes together in one night of earnings. this was that night. an astonishing asemblance of four companies with four wince. it's like an nba team going to the playoffs and going four four, four. a rare accomplishment that is about as good as it gets.
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>> hi jim, thank you for taking my call. first let me congratulate you on your wedding. >> thank you. >> secondly this is about american airlines which we came out with earnings today that i thought were quite good actually. my question has to do with kind of two forces that are going both ways. one is they have close to 2 billion shares they plan to buy back this year. am i correct? >> yeah and i have to tell you it wasn't that though. this sells at 5 times earnings which is quite ridiculous. if this stock comes in you have to buy it. seems like they're making more money than anybody ever thought and there's too many bears in the stock. i like it ike. neal in maine, neal. >> big booyah from maine jim. >> thank you. >> love the show. love the show. thank you for taking my call. >> so a few months ago my
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beautiful wife purchased dnkn. great coffee and great donuts. we love the investment. wondering what you think of it. >> i was getting fed up because they kept missing quarter, missing quarter, missing quarter. this time they surprised. that was good. no more disappointment. that allows the stock to get retraded which means it can stay in the 50s from being in the 40s for a long time. your wife made a better decision about it than i ever could. amazon google microsoft and starbucks. four major companies with gigantic wins last night. what more could you ask for? much more on mad money. i have the ceo and then they were 5% higher on a big quarter and a special friday edition of the lightning round is just ahead. so stick with cramer.
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>> regardless of how you feel about whether or not a rate hike will be the move there's no doubt the possibility is on the table for 2015. rather than focussing on the negatives maybe we should look at the one group that will benefit from any rate hike. i'm talking about the regional banks which will make more money off your deposits in a higher rate environment. take commerce bank share, a regional bank based in the central united states with 195 branches. 392 atms. a vast commercial paying business and huge online banking business. 3 cent earnings beat off 58 cent basis and it's worth mentioning that a lot of the loan growth is coming from oklahoma and texas. despite the hammering about the massive decline in oil prices and how that might damage the financials. however this bank would have made a lot more money were it not for the low interest rate environment squeezing all margins. still they have more exposure to asset management than other
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regional banks which is how they managed to deliver robust numbers vmt numbers. let's take a closer look with the chairman and ceo of commerce bankshares. welcome to "mad money". >> jim, thank you. glad to be here. >> all right sir, you have some pretty terrific loan growth. you're in some amazing markets but you're also in some markets people are so worried about. you're in tulsa, you're in denver, you're in oklahoma city. these are places that we're told are just going to nose dive because of oil going down. how are those areas working out for you? >> well they have been terrific for us the last five years jim. they're going to be terrific places to do business going forward. that's why we're expanding there. the underlying graphics are great because the business environment is so good. it's a very favorable regulatory and pro business. so we're looking for great things out of those areas and i think that one great advantage we have in the country of course is we're getting lower energy
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prices which is very stronger for the business areas. >> so what you're saying is even though some businesses are being heard obviously, oil drilling company, there's so many other businesses that are benefitting that it's actually a net positive for commerce bank shares. >> absolutely. we're getting probably triple the loan growth in those markets and it's about 10% of ours now. we're going to put more resources into there. >> what a mistake so many funds made saying you have to get out of the banks in this area. loans are going down to the point where i'm wondering whether some of these nonperforming loans that are held for sale -- has some of that property come back to the point that it's worth more than you thought it was a year ago. >> most of those real estate markets are quite table and we're doing very good lending. but the underlying business
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environment throughout our footprint is very strong. >> you have kind of an interesting thing going on in your bank which is that you bought a particular kind of bond that would do better in a higher inflationary environment. are you yourself thinking that inflation is going to come back harder than most people think? >> i think inflation will come back but i learned early on you don't predict interest rates so one of our big strengths is we have a very strong core deposit base and that will serve us very well. it will be very favorable when rates go up because it will mean that the economy is doing well and b it will allow the banks to make a better spread on their deposits and as you said earlier core deposits is an essential asset for any bank. we have a very strong asset. >> let me ask you a philosophical question. we have been doing a lot about technology in banking and we have seen lending club come in and say we can loan faster we
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can loan better. we have less risk. how is that really possible? and i know you do a lot of online banking but do you find an online algorithm can do as good a job as a human? >> you have to be very in tune with the way your customer wants to receive his or her services so we're very involved in online banking in mobile applications and i think it's created great opportunities for our customers. i have to be skeptical about lending just by algorithms. we've been in a very good cycle since the recession so it's a long game there so no i think the banks have been good at staying in the middle of that and we'll continue to do that. they have a very good consumer lending business. >> do you have an advantage now, during the great recession, we had a couple of banks that took incredible market share in this country but they're foreign banks so to speak.
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they're not from your area. i see the arch behind you. i think of you as a regional banker. does it matter? or are people just saying i'll do my business with bank america and wells. i don't care. regional doesn't mean anything anymore? >> we think our biggest strength is probably our size and agility. we call ourselves a super community bank and we have the size and sophistication to really compete with anybody with our commercial customers but because we're smaller we communicate better. we can deliver products across our differ lines better and that's why we have a better following in the market. it's better for our customers and the smaller financial institutions in my opinion. >> no you have every right given the record that you have and how people said that you couldn't own your bank because oil went down it seems this was a great time to be doing buying in commerce bank shares.
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>> thank you so much for coming on "mad money". >> jim thank you for having me. it's been great. >> all right. a lot of banks that were in the area that he mentioned, oklahoma texas, people are worried about. you just heard that things are better at those places and not worse. that's why this bank makes a lot of sense for your portfolio. "mad money" is back after the break.
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it is time it is time for the lightning round. and then the lightning round is over. are you ready? time for the lightning round. let's start with collin in new york. collin. >> caller: jim, how you doing, buddy? >> pretty good. how about you? >> caller: all right. all right. i have a question about the best of the worst. coal energy stocks. >> you're right. it is the best of the worst. why buy the best of the worst when you can buy the best of the best. that's not my game. christopher in indiana.
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>> caller: booyah from the had hoiser state. >> nice what's happening? >> caller: not much. i need your help with rdsa. >> my charitable trust decided to sell and buy more growth oils. we feel this acquisition they made they paid too much for. so i am no longer a fan of royal dutch shell. >> big college booyah. >> love it. we're getting the college guys going lately. >> caller: love the show and i have a question for you about netflix. >> well, netflix, we have to take a page off the old trading floor here. netflix, you missed it. there was a time to buy netflix. that was before the quarter. now you have to wait for it to come in again. the train has left the station without you. let's go to chris in illinois. chris. >> caller: booyah jim. another one i hope seaworld.
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>> seaworld is coming back and it's the very smart advertising campaign they have but that said i still favor six because i like consistency and that's what he has been showing when he comes on the show. >> caller: hi jim i was looking for your opinion on fpr. >> they're being very smart acquiring but i believe in growth and the growth net industry is coming from t-mobile. bill in illinois. bill. >> caller: jim how's it going buddy. booyah from illinois. i'm doing great. just wanted to know the low down on whole foods. are they stuck in the mud. >> the stock acts and there's no doubt about that. you to take a longer term view about what whole foods is doing. you can buy half now and half after the report. 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
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clicked technology. the provider of data analytic software for the enterprise provided just last night. qlik software is about a user driven intelligence platform that allows people making decisions at a company to access and analyze their data directly rather than begging their i.t. department for help. now qlik has been a volatile stock over the past couple of years but lately on a tear with shares hitting a brand new 52 week high today. qlik delivered robust results despite the head winds overseas. stock has given us a terrific 25% gain since the last time we spoke to the ceo which was roughly 13 months ago. can it keep climbing? let's dig deeper with the president and ceo of qlik technologies. first congratulations in order. you had your first million dollar sales.
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this is an exciting time for your company. >> absolutely. >> i wanted to get -- people were -- the first thing they said was say okay well explain to me what qlik does. we all know the food service company, we see them as a representative client. what do you do for them? >> i service all the sports events. we try to get them on the game at the game. they have to predict what's the weather, how much food do we need? how much personnel do we need? we try to optimize that for them so they don't run short and don't have to throw away food. >> how do you know that? aren't these unknown, knowns. >> you can learn a lot from past games. is this a playoff game? is it nice weather outside or is there something else that's going to disturb or effect the game. >> so how about there's a tougher one.
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lululemon they had west coast port slow down canadian dollar issues. what did you do for lulu. >> i wouldn't know. >> just to try to get a sense on some of the more higher profile customers because i know that you have a partnership way of doing business and also direct and i just figure that you bring in qlik they try to figure out exactly what you can't figure out basically. >> yeah, so we have partners all over the world. 1700 of them and the only way you can reach them and we're in over 100 countries is to have an incorrect channel and we're bringing all of those together next week in dallas. >> okay. you know when i read the ibm call, ibm wants to be you. they talk about it. they talk about business intelligence and analytics. it's a big company. they have $100 billion in revenue. how do you beat an ipo.
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>> it's very simple. we have a relentless focus and ease of use. if it's not simple to use it won't be used. we're best of bred. they do a lot of other things. they operate in this market and we see them but bebeatwe beat them most of the time. >> if they're up against you won that competition. >> nine times out of ten. >> maybe that's why the stock is having a tough time and qlik is at an all time high. we keep hearing europe is weak. >> you are seeing exactly the same type of business challenges in europe. what is more efficient than on optimizing your business. >> you've had 32% compound annual growth. >> absolutely. >> and when i'm trying to get a handle on some of the things you guys do you did have three $1
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million deals including one with a new customer. if you can't disclose who it is because it wasn't clear to me give me why they're paying you a million dollars versus what they were doing before. >> it's a brand new customer citco hedge fund administrator. you know them well. it's a first deal with us and with our new product. what they want to do is take financial reporting, provide it back to their entire client base and do it on a mobile device. so we have a device agnostic. if you want to pull out your phone and read financial reporting which you probably should do you can do that. >> and it's in real time. >> yes. >> i would have killed for that when i was a hedge fund manager so you didn't have to speak to everyone after the close and tell them how they did and they wanted to know in real time. i wouldn't have to talk to my clients. they could see it like i could see it. i don't have that job anymore but this would be the holy grail for a hedge fund manager. you're trying to figure out what's going on with microsoft
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and amazon. you don't want to take the call but they have every right to know. >> you juan to be up to date on the analysis. what happened in the stock having a conversation on that. >> that's a killer product. fantastic work. thank you. i see why you beat ibm nine times out of ten. that's the ceo of qlik. a very hot stock in a very hot stock market. stick with cramer. ick with cramer. attention investors!s! vectorvest mobile is here and it's free! make faster, smarter better trading decisions with ctorvest mobile. the most powerful app or managing your portfolio from the palm of your hand. only vectorvest mobile analyzes ranks and graphs... ...over 16,000 stocks worldwide, everyday,... ...and gives you clear buy, sell, hold recommendations... ...on every stock; anytime, anywhere. vectorvest mobile comes free with your vectorvest trial.
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>> take me to san francisco for monday's show -- oh anyway you know, what can i say, apple reports monday and i want you to own it not trade it. there will be some analysts that say you should sell the stock. maybe it's best to buy it on tuesday. after what we saw with amazon, starbucks, microsoft, i have to tell you, even with google this is a market that likes tech. you do an upside surprise. don't worry, this is just a loaner. i wish it were mine but i am the coolest man you have ever seen unless you see someone that has one too. always a bull market somewhere. i promise to try to find it for you right here on mad money. see you in san francisco on monday. monday.
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erik karlsson and the ottawa senators stayed alive with a game four victory over the montreal canadiens. tonight they'll look to extend their season for another game. max pacioretty and the canadiens hoping tonight ends with handshakes. we'll have game five coming up shortly. mann meanwhile at madison square garden sidney crosby and the penguins have work to do trailing the rangers, three
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