tv Mad Money CNBC May 8, 2015 6:00pm-7:01pm EDT
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miami. >> i would say selson and covers apples. >> good to have you. >> google call spread the leader for the next few weeks. >> i'm with ryan my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >> hey i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends i'm just trying to make you a little money. my job is not just to entertain you but educate you. call me at 1-800-743-cnbc or tweet me @jimcramer. today we saw what it looks like when everything goes right. like i told you in last week's
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game plan if we get a month will employment report that delivers just enough job growth without inflation we could have a spectacular thread the needle rally and that's exactly what happened with the dow rocketing 267 points. nasdaq pole vaulting 1.17%. >> that was easy. >> it didn't hurt that we got the bullish combination of oil, lower interest rates and strong earnings for key technology companies. notably cyber security ace cyber arch and the data mining team. it was a spectacular number that drove the stock up $13. that's pure tender for this monster move. we have huge takeaways we have to go over. this market zooms when you least expect it. when pessimism reigns. i can't tell you how many funds came into it short or underinvested in the actual market in a lot of cash.
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either because it suggested a total break down or feared the dollar would rally once again. something this market can't handle anymore. didn't happen. second interest rate which have been going up pretty much nonstop lately may have seen their peak for 2015. bold statement? i don't know. why not? there's no real inflation. our rates are higher than europes. that makes no sense if their economy is beginning to grow and our economy is slowing. third, if europe is as strong as i think it is you're going to see american companies do much better in the european operations. right on schedule mcdonald's announced their first positive surprise in europe this morning. when people feel wealthier they spend more money when they go to a restaurant. even a mcdonald's restaurant. mcdonald's new ceo may be the luckiest guy in the planet. finally as i told you, this is an educational show so here we go again. you need to buy stock of companies -- of the companies
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that you like when the market gives you a discount on their stock price. earlier this week when the traders were freaking out over the dollar the bonds, euro, comments from fed chief that dollars are dangerously overstretched. it's buying at the price you want. not the inflated price you get when the market is roaring. when everything went right today it's sadly too late for you. you don't get a chance to buy. you're paying up huge. that's not the way it works. you to buy when everybody else is panicking. oh and can i just say that janet yellen is now 0-2 on stocks so perhaps she needs to recognize that though she is brilliant with monetary policy in terms of stock picking let's give her a designated hitter. maybe hall of famer warren buffet. so with the understanding of
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companies that you know and like and have done the homework let's go over next week. monday morning we get results from the most important health care company in the world right now. it's purchase of total cramer fav allergen which is a reason why my charitable trust has a position. you know i said last week that tablo data data data, would take up everything social, mobile, cloud, internet of things, it did. guess what if it blows up the estimates it will take away everything health care. it's one of the most important reports. zillow reports. we had zillow ceo come on the show and explain how his company's earnings might be hurt and i like situations where the expectations have been racheted down and i love situations where the competition can't keep up with the leader in the space.
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i don't think they'll blast it out of the park. he doesn't need to to send the stock higher. wow, wednesday. oh, man, we have to work overdrive that day. in the morning we hear from macy's and ralph lauren. both companies are run by hard charging execs that don't like disappointing which means i think both are good. particularly ralph lauren which was hurt by a strong dollar last time but in "mad money" we think the dollar peaked. we get some from jack-in-the-box. the selling relentless. i think it can rally. two more are jcpenney and shake shack. i fear the upturning shake shack lockup expiration. there's so many short sellers i suspect they will color the quarter with selling no matter what number gets reported wednesday. now i've liked this company since it came public but at these prices can i say i can't support the stock. i need you to let it come down before you buy.
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finally, there's sis coe. john chambers is now the outgoing ceo. i remember the day he got picked. i said wow. outgoing ceo. do we think that john chambers would retire on anything but a high note? he's staying on as executive chairman so he'll be there to guide the upcoming ceo that i think will be continuing the momentum they're experiencing. you know how i feel about it. thursday is another day of stellar retailers. kohl's and nordstrom. both have momentum. i believe they'll deliver. oil spikes the day before. we wonlt have much of a trade here. we also hear from children's place. hopefully they'll clarify what press reports say. they also said that salesforce.com was in talks to be acquired by microsoft which was fairy tale.
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>> after the close we get results in implied materials when the deal fell apart just as i predicted. you know how i said the software could be important for the rest of its cohorts? same goes for all the semiidentify\semiident semi conductor stocks. if they cut back we may see a roll back of the rally we've had this week since quorvo's quarter. finally on friday we're going to be looking for federal reserve clues when we get to the national industrial production number. at one point this indicator was crucial. if they felt capacity was getting strained then he worried about inflationary consequences. i know that today's employment report made traders feel like we don't have to worry about the fed any time soon but the parlor
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games never stops. it's a whole cottage industry. we'll be ready for a whole new group dpabing about it thisgabbing about it next week. you'll miss your moment to buy stocks at your prices. if we get hit with a squall of selling keep your head and buy some of your favorite names at the weakness that the market may just give you. let's go to charles in connecticut. charles. >> caller: hi, jim how are you? >> i'm all right. >> caller: my question was about annaly capital. i was curious about how do you feel about the dividend? is that dividend going to hold up? >> i don't know. it's become a black box. i don't care for it. i reiterate i don't care for it. sean in florida, sean. >> caller: hey, jim, i wanted to get your analysis on intrexon. do you think it's a good time to
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pull the trigger. >> i'm going with a very select group of bio tech companies that i'm suggesting that are in the phase where they don't have any earnings or sales to speak of and they're not right now on that list. let's go to eloy in north carolina. >> caller: booyah mr. cramer. i want to send a shout out to my beautiful daughters. my question is after reporting their earnings they took a dump recently and is it still a buying opportunity? >> i thought that the ceo did a good job when he came on cnbc. i did not mind the quarter. i think people overreacted. i'm not sure when price line is done going down because the volume is so light but i'm inclined to like priceline and not dislike it after the huge downturn. if you wait for good news you miss your best opportunity to buy. if we get a dip next week i want you to buy your favorite names into that. mad tonight, is it time to buy
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boat maker brunswick or are waters getting rough? i'm going to set sale and then note that whole foods is a great place to get your groceries. i love it. i'm browsing aisle. plus la quinta hit an all time high just last week. is it time to check in? i'm going to talk to the ceo. stick with cramer. >> don't miss a second of "mad money." follow @jimcramer on twitter. 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.
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homework and then pounce. that's how i feel about brunswick organization. and boat engines with the sideline billiards tables fitness machines t best. the highest end. now brunswick reported last week and they missed wall street's estimates on the top and bottom line because they took the hit from the strong dollar and in part because the company spent heavily to fuel the future. the future growth starting the second half of this year. but in response the stock got slammed down 7% in a single session. at these levels they're cheap. trading at 14.7 times earnings estimates and growth is poised to pick up later this year. especially since we believe the dollar has peaked. it's been a 26% move since we last spoke to the ceo in february of last year. don't take it from me. let's check in with the chairman and ceo to hear more about the quarter and where his company is headed. welcome back to "mad money".
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>> thank you veryfor having us. >> in 2007 when we got back to these kind of numbers you sold many more boats. have to believe as these numbers stabilize and looks like they have that we're going to revert to some level much closer to where it used to be. >> there's no doubt about that but i think what a lot of people are missing about our industry in certain segments we're above 2007 levels so. what we're doing is in our company we have got to go to where these consumers are going to be there waiting on them and that's lead a lot of our great earnings growth margin growth and ultimately our stock prices. >> you to spend to do that. how many other boat manufacturers in the country? >> 1100. >> who are those guys? >> they're all out there. 1100 of them selling boat bfrss before the recession. >> i would have thought there would have been a consolidation. >> the only place is in the dealer network so we're out there competing for space.
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>> you have to spend the money. you guy versuss have been so transparent. it cost 20% more to buy brunswick boat. >> that's correct. >> that's not bargain, sir. >> but one of the things we have probably done wrong over the years, we haven't disclosed how much market share we have in canada. it has a 6 in front of it. >> you are canada. >> that has a big effect on us. >> but it hurts. >> but as we look around the world, one of the things we try not to do is whine about currency. we left our thesis intact. our guidance has not changed. we're going to have to deal with this because we didn't take advantage of it when the currency was going our way and say howell it was helping us. let's don't talk about that. let's just deal with it. >> let's talk about where it hasn't seemed to matter. scandinavia and southern europe. you said you started to see some there last year. it's really good. >> it's really good. if we look around the world in
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our boat business we were up nearly 20% in the first quarter. 16% in europe. and then there's the rest of the world that pulls us down. if you want to call 12% growth in the boat business going down. >> no anyone selling it is making a very short-term decision. i want to talk about life fitness. there are soul cycles all over. i have new gyms opening up around. a ten mile radius a new gym seems to open up. >> sure. >> are there more pieces of high end equipment like yours that you should be making? >> well maybe not more equipment that we should be making but we need to keep introducing new product that hits the market where it's going. so we had a lot of new product introductions last year. and you've eluded to this we keep investing heavily. >> the club i belong to just bought all of your stuff. >> we love that. >> it's true. >> we have number one market share in the united states in any high end club or in any
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self-help club if you will because our equipment goes in and works forever. doesn't break down. so if you're in a 24-hour fitness where you want to swipe and go in our equipment is going to be there to take care of you. >> okay. now there's a couple of things that i thought that we should -- we don't speak enough about and you eluded to just now but you are doing a lot of technology in boating and in parts and boating that is putting you ahead of everybody else. we don't think of brunswick as a technology company. that's an incorrect assumption. >> yes it is jim. we spend 3% of sales on rnd year in and year out. we spend 4% of sales on cap ex but we allocate 65% of that cap ex on new product, new expansion, things like that. >> will there be a tesla engine
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for the equivalent. >> we have been testing it for years at the miami boat show. >> people aren't buying it? >> they haven't gone there yet. >> do they like the smell of the diesel? >> they like the smell of the diesel, the feel of the engine. they feel there's a little more independence if they don't use batteries but we have done -- being able to charge a battery with a diesel engine including using solar panels. the boats are wonderful. they're not ready for it yet. >> look this is the opportunity. they periodically occur and people don't understand this is a long-term both cyclical and secular trend. both of them happening at the same time. that's the chairman and ceo of brunswick corporation. bc. they're one of the longest standing recommendations. it's a buy. >> coming up supermarket
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puzzled and frankly unsatisfied with myself about how to deal with whole foods after it's hideous decline. sometimes the company defies it's stock and sometimes the stock defies it's company. i fear this is one of those cases. no doubt whole foods is a terrific place to shop. you rarely ever hear that criticism. it's inventive, different, could be pure joy as anyone has been to my whole foods. obviously warren buffet hasn't been there because he sees no smiling faces. my place is smile face. it's a treat. it's one that i gladly pay up for except i don't think i'm paying up for anything except for the prepared foods. i say so what it's cheaper than a restaurant and every bit as good if not better. however on wednesday whole foods reported that same stores sales figure that was below 3% and that's something that obviously caused tremendous disappointment in stock down $4 yesterday. and down today on a hugely up day. i too am disappointed.
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i questioned the co-ceo and it was the issue i lead with and comparable store sell number. some was out of disbelief. how could kroger an excellent operator but one i always thought to be inferior have same store sales. i was incredulous. the competition reduced traffic and made pricing less lucrative in the natural and organic segment. it's true they have been adopted by the masses. fresh market to walmart and target plus kroger getting in on the act. that competition plus cannibalization added up to wednesday night's number. everyone knows that though. the bigger issue is that perhaps same store sales just isn't the metric we should use to be grading the performance of whole foods. honestly, if you are using this me metric and you had to compare how the company was doing to
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come with the price to earnings multiple then the stock would be cut in half. however, with about 15% of the stores doing $1 million per week, an amazing number and the growth potential, only 420 locations that can triple can, should whole foods only be worth $9 billion in market cap? see that's what doesn't make sense to me. i think the opportunity is still even after all these other companies flooding the zone way bigger than the market capitalization. that said we have to find a metric. we can do it together. we rely on same store sales. it says putting up new stores could otherwise mask a huge deterioration in sales like those we've seen in sears and jp jcpenney jcpenney. this has been golden. a great predik to of the future.
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lately i have found myself questioning my own methodology. it's something that whole foods teased on the call. might allow for a new way to analyze the company. we saw that with gap stores. perhaps the same store sales me trick is still good and the stock will have to spend some time in pergatory. the stock of whole foods is not bargain. at least versus it's competitors when it comes to this traditional benchmark. i don't know. let me give you a bottom line. there's something here i can't quite pin down. something that tell mess the stock won't fall to where it should clinically though but for the life of me i am loath to recommend buying the stock of whole foods right here until we see consistent improvement simply because a dive like we had yesterday is just too punishing for anyone to go through. even as they might smile at the register at their own neighborhood store as i'll no doubt be doing this very
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weekend. how about we go to bud in ohio. >> caller: hey, jim, big booyah from your long time often time fan bud here in beautiful akron, ohio. >> akron, ohio is quite the city. it's a destination. what's up. >> caller: i was really interested in your fiesta interview yesterday. >> yes. >> caller: and you asked him about the effect of the bird flu epidemic and he said that his company was hedged. i'm really interested in your opinion of what to do now with popeyes. >> buy popeyes. can i be clear on this? the bird flu, look horrible. but it is not a material issue for even the largest of chicken buyers. so let's just take it off the table. i need to go to david in new york. david. >> hi mr. cramer. how are you? >> all right. how about you? >> caller: fine thanks. big fan. big fan. >> thank you. >> caller: i have a question
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about lumber liquidators. should i buy, hold or sell? >> when you have a big national tv show that goes after a company, it just takes a year to recover. i'm talking about a year. we're not going to see a quick turn around in lumber liquidators. perhaps you should liquidate the position because it's going to be trading like lumber for the next year. sometimes a stock defies it's company which is why i believe we need a new measure to measure whole foods by but i have not come up with it. until we find one the stock can't go where it should. we have a hot hotel chain. over 800 locations. it's time to make a reservation with la quinta and then radius health up over 500% since the ipo. but it's cooled off lately. i'll give it a check when we talk to the ceo. plus a fantastic friday edition of the lightning round just ahead. why don't you stick with cramer?
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a fabulous day for the entire market it's worth thinking back over the last few weeks and asking ourselves what's been rallying consistently throughout this period. that's a sign of strength. that brings me to la quinta holdings. it was taken public by blackstone just over a year ago and despite opening downwards first day of trading which is a sign of something good in this market the stock has been gaining ground ever since. in fact they hit a brand new all time high last thursday. the day after the company reported a strong quarter delivering in line earnings and better than expected revenues
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but what really impressed were the key me tricks like revenue up 8.2% year over year. plus the company gave robust guidance guidance. it's using franchise deals to expand rapidly all over the country. of course the stock has run at these levels up 8% since we spoke to the ceo last february and that giving us nearly 20% gains. can it keep climbing? let's take a closer look at president and ceo. welcome back to mad money. >> glad to be here. >> when i spoke to you last everyone was so worried about oil and gas going down in price you reassured people. i read the research. so many guys chose to doubt you. it turned out to be a tail wind that gasoline was down and not a head wind. >> again, very nice first
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quarter as you said 8.2%. 4.3% in rate. we posted a strong quarter with 11.7% adjusted and growth and net income increased 26.3%. we opened 5 hotels and we grew our pipeline from 207 to 211 properties. we signed deals in high edr. chelsea, manhattan. we signed miami midtown and we signed santiago chile and oklahoma city brick town and our first hotel in honduras. >> i have to ask you because i'm not cool enough to even walk by chelsea. la quinta in chelsea, why does that work? >> it's about price value and
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there's a reason the consumers migrated to our segment. doesn't matter if you're in suburbia or manhattan, it's about our segment and brand. it's the reason our consumers migrated to this segment and the reason investors and franchise partners migrated to this sector. it's where the returns on investment are. >> now you still have a chance to be able to do better because occupancy rate which is are high for you but could still go higher as people find out the bargain that you are. >> well we will continue to grow this brand. we feel very good about the outlook and the horizon. we have a lot of momentum. we've been the fastest growing provided by smith travel research the last ten years and we continue to have opportunities do mystically to grow our brand and we'll do so. >> you have been paying down debt and making a lot of money. what will you do when you finally reach those leverage
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targets? what's the official dollar going to go to? >> well and as you said since the ipo we paid off $275 million of our debt. 260 million is voluntary and what we said very publicly is when we get below four times, we will determine what the appropriate return of capital is to our shareholders. whether it's a dividend or share repurchase and those levers that help us continue to grow the brand and keep the brand fresh, vibrant and relevant. >> when i looked at -- we have been doing a lot of stuff with technology, we called hotel tonight. any of these surfaces do they appeal to you. >> again we want to make sure that we are where ever our consumers are booking. we look hard to make sure that we're available where the eye balls are and we work hard to migrate those consumers once they come to us from one of those channels to our channel.
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the price is the same. the consumer always gets the best price on lq.com. we want to be where the consumer is and we have to understand why there's benefit for them to book direct. >> i do something i think dave i want to know if it's the right thing to do. do you check trip advisor to see how your places are doing? >> we were one of the first brands if not the first brand to put trip advisor reviews on every one of our pages for our properties. so every one have the trip advisor reviews front and center. we believe it's better. the consumers are going there and i do go there and our consumers are going there and we decided to give it to them up front. it makes us pay better attention and more focused on making sure that we're delivering day in and day out at every hotel. >> last question i need to know. a lot of people moved away from your group because oil seems to have bottomed and is now going back up. should we really just be playing
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this game of 10 cents gasoline and how that impacts la quinta. >> we saw strong demand in travel in that peak leisure season for florida and arizona, southern california and those real leisure drive markets. we see a record number of people driving in the united states which i think was just put out by aaa. 3 trillion miles. we see some real positive outlooks for the peak summer season for travel. the majority of our businesses drive too. we feel good. a lot of folks are driving and a lower gas price is still a net tail wind. not a head wind for our business. >> i think your stock goes higher. you have done a remarkable job and i know you're never satisfied. it can go even higher still. la quinta holdings president and ceo. thank you for being on the show. sometimes you get these stocks and they come public. this is the company that delivers and delivers and delivers and i think it will
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continue to do so. "mad money" is back after the break. ♪ ♪ ♪ at chase, we celebrate small businesses every day through programs like mission main street grants. last years' grant recipients are achieving amazing things. carving a name for myself and creating local jobs. creating more programs for these little bookworms. bringing a taste of louisiana to the world. at chase, we're proud to support our grant recipients and small businesses like yours. so you can take the next big step.
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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. trevon in ohio. >> caller: hey, how are you doing jim. i was calling about 3d systems. >> no still too early. i don't like that group. i'm going to dean in illinois. dean. >> caller: hey big booyah from the windy city. >> windy city has winners. what's happening. >> caller: what are your thoughts on opk prior to the earnings call. >> you want to own it and if you f the stock comes in do some buying. steve in illinois steve. >> caller: nothing runs like a deere, booyah jim. >> like that. what's up? >> caller: what do you think of lci? >> i'm going to be an activist.
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it's a better stock. >> let's go to julian in virginia. >> caller: hey, jim, what can you tell me about gopro. >> you could say well listen jim you got us out at the high but you didn't get us in at the low. i plead guilty or innocent to both of those. there's a big move and i can't go back now and tell you to buy it because that would be not helpful. let's go to sonny in illinois. sonny. >> caller: hey, jim, a big chicago bulls booyah to you. >> i like the bulls. you know brandon marshall is one of my favorite players. don't know if i like the bears. >> caller: i'm trying to get rich carefully. i love your book. >> thank you. >> caller: what is your opinion on xerox. >> i didn't like the quarter. when i don't like the quarter, i have one thing to say. don't buy. why don't we go to vicki in florida. vicki. >> caller: booyah jim.
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what do you think of halyard health. >> a lot of people thought the quarter was disappointing. we have done more work on this company than any analyst and it was an in line quarter and the best is yet to come. we have been buying the stock for the charitable trust and i know -- look you may think that the quarter is disappointing but we'll have at a company on. we should call them. we'll have them on and walk you through the story about why 2016 is going to be a goodyear. let's go to steve in missouri. steve. >> jim booyah from st. louis. home of the cardinals. >> they're always winning. what's going on. >> my stock is high now. not sure whether to get in. it's skechers. >> that company is -- that company is -- it is an unbelievable company and it went over 100 today and i say to the best managed company in the footwear industry and maybe all aparallel. let's just give it that.
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$100. dan in pennsylvania dan. >> caller: booyah professor cramer. >> thank you for that. >> caller: i'm calling from west westchester pa outside of philly. awhile back you mentioned barns with the symbol b. >> good aerospace company. go chip kelly. all right? keep signing those guys. i love it. and i got a demarco jersey and maxwell jersey and no one else has them. one call. joe in ohio. joe. >> caller: hey, mr. jim cramer. this is joe from ohio. i love your show. >> thanks. >> caller: lending club before earnings. >> i said don't buy it out of the earnings. it's an okay story but can i tell you that a firm may be in that group. that ladies and gentlemen is the conclusion of the lightning round. >> the lightning round is sponsored by t.d. ameritrade.
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>> hello? >> you've got what is probably the hottest in the category avion. congratulations. i am drinking more because i feel there's fewer calories. everyone wants tequila. it's incredible how much they want this tequila. >> i hope you'll come by bar san miguel. >> it's the video. there's lisa. let's go to corey in massachusetts, corey. >> we're making history today. i'm calling you on my apple watch. >> well, let me take that. that's amazing. tim, tim. come in. >> hey, jim, i'm calling from california to be exact. this is tim cook at apple.
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>> on monday during the so-called so-called frack attack. >> we call it the mother fracker. it's the second largest producer behind eog. >> oh father fracker. [ crickets childrening ] tom screener on your desktop, that updates to all your devices. and you can share it with one click. wow. how do you find the time to do all this? easy. we combined every birthday and holiday into one celebration. (different holidays being shouted) back to work, guys! i love this times of year. for all the confidence you need. td ameritrade. you got this.
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all right not to toot my own horn but on march 20th they had that phenomenal run. i said the top was in and you needed to bring the red shirts some of the more speculative names. i'm the first-person to acknowledge when i made a mistake but in this case i did nail it. they have been vicious and slammed. the exact same thing that happened in the spring of 2014 but now i'm thinking maybe it's time to start circling back to some of the more speculative names. let's take a closer look at whatnot long ago was one of the hottest names in the group. itsz a company focused on developing drugs for osteoporosis. it was public last june at 8. for the next nine months it rocketed 540%. peaked to $51 roughly three months ago. since then it's put through the meat grinder with the rest of the group. during the last six weeks it's down more than 24%.
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it's changed for the worse just as the group went out of favor. it's a potential blockbuster treatment. plus the company has pipeline including a targeted breast cancer drug that's moving into phase 2 clinical trials. has radius come down to the point where the stock is now tempting. let's dig deeper with bob ward and find out more about his company's prospects. welcome back to "mad money." it is funny and the stock goes down and on a quote from your conference call you say i'd like to summarize our upcoming milestones. the next several months health will be very exciting. we advance toward our first regulatory submission and continue our discussions and prepare in 2016 during regulatory approval. the company got better didn't it? >> it did. we just came back from ects last week where we were talking about the risk as a fracture site. >> i saw that. there were no broken hips in the
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study but happened to be people that had broken wrists and it was remarkable numbers. >> osteoporosis. wrist fractures are one of the most common. so today national osteoporosis we think what's going to happen is the wrist fracture is an example of the nonspine fractures where there's such a high nonmedical need. >> there's an astounding percentage of howell people have done in term of broken bones when they're in the trials here. >> last december we came back with the 18 month active trial design and we talked about fracture reduction. 86% reduction. >> that's amazing. >> a 45% reduction and then in a post hawk analysis at the wrist we showed that we had fewer wrist fractures than the placebo group. a 72% reduction as compared to the active compare tor.
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you have to keep going on the trials and make sure there's no side effects. >> absolutely. so we have a pretty good handle on the overall profile because in just six weeks the next and final day to report from that trial, the six month active extent comes out six weeks from today and that will be the full 24 month of data we'll submit for regulatory review. >> knowing there was some difference of opinion or some analysts were saying when does it end. it's very soon. >> we'll be out with a report. >> with most companies i don't do this. you an amazingly powerful board of directors. you have been adding really really good people that have done major deals when you're talking about commercial as you did during this period you're negotiating. you could be negotiating right now with big partners to develop this. >> most important medicines launch around the world within the first year of launch. we're really focussing on the u.s. so we want a partner for globalizing. so yes, in discussions and people like tony rosenberg, he
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brings a deep experience across it. >> responsible for the public transformation. so i was thinking there's a guy that could be helpful to try to figure it out. >> it's terrific on the board discussions because they also bring in a great perspective from his background, both of us work at amgen but he was part of the team. >> that's really important because a lot of people have been saying be careful. this drug is too much like forteo. if you had a board member that helped he would be saying he would be in a position to advise you that it's not such a good idea. he would obviously not come on to the board if he didn't think it was superior to forteo. >> we had a lot of great discussions about what to do next. how do we maximize shareholder value and looking for the next data card in six weeks. >> okay. now breast cancer you never want to give people hope before but there's a phase 2b you have
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things that are going to happen within the next 18 months for breast cancer that we have to watch. >> in breast cancer the phase 1 trial right now we're continuing to dose and enroll patients and in the latter part of this year san antonio, it will be in the trials and progress section. >> so this is not a story where we have to wait until 2017 or 2018 to hear good things. >> a lot of activity this year absolutely. >> it is time to circle back. some have been hit too hard. this is 2015 story. i didn't know that. bob ward. president and ceo of radius health. do the homework. lots of stuff to read about. stay with cramer.
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this market keeps giving you chances. so those who bought today let me tell you, it's a mistake. wait for another decline. the declines just keep coming over and over again. activist is the key quarter monday. sis cisco the key quarter wednesday. they may determine how the market works next week. why? because we're almost out of data points. it's just a couple of earnings quarters that are out there that will determine things. that could be activist and it could be cisco. i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money." i'm jim cramer and i will see you monday.
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>> it's called "the social drink" -- the one we can't live without, the one that gets us through the day. >> it's booze without the booze. >> it's a passion... an addiction... a shot in the arm for a nation short on sleep... >> there you go. have a good one. >> ...and a drink that spans generations. >> maxwell house. >> "good to the last drop." >> the only kind i sell. >> off the shelf and at the counter. >> small latte and a small iced latte. >> more coffee is consumed in the u.s. than in any other country -- 400 million cups of it every day. >> you know, you think a baby having a bottle or something you know, like how that comforts you. that's how coffee feels to me.
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