tv Mad Money CNBC June 16, 2015 6:00pm-7:01pm EDT
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like yesterday. >> tim and i disagreed on adobe. i think adobe goes up on the back of this. you buy the weakness. adbe. >> okay. thank you, guys. i'm simon hobbs. catch "fast money"adbe. >> catch"mad money" is up now. 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 trying to make you a little money. my job is to educate and teach you. call me at 1-800-743-cnbc or tweet me @jimcramer. every day we wail and moan about greece and how we're hostage to this nation of 11 million people
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who will become smaller if it defaults because of mass immigration. on the eve of a big fed meeting the dow rallied 118 points the nasdaq climbed .51% because of worries about an economic cataclysm if or perhaps when greece defaults. that's right. greek worries actually gave us an up day as it might be too risky for the fed to talk about a rough day. today i'll use this beautiful respite to dream dreams. why? when i see every single health maintenance organization are all in merger talks and no one is thinking it might be not going to happen that it's logical, it's logical to bless pretty much anything happening in the mna, you know what i think? it's a cole porter moment because anything goes.
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given this market seems to love pretty much any transaction, when is that dog of a stock, cody, rocketing higher in what may be a colossal overpay for procter & gamble brands. we're now in an environment where ceos know the best thing they can do is buy another company, even if it sounds right. if cody came down 19% because it's willing to shell out $12 million for wella and a bunch of tired hair care brands. if every hmo can roar on the thought that they might buy out competitors, it make sense to put out dream merger ideas on "mad money" that would drive the stocks not of one, but both parties much higher. let's start with the ultimate and mia culpa stock of twitter. my trust owns twitter which is something i regret. i fear it's going lower because of slower user group, unless we get a takeover or the sense the
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company is change course and something i didn't get when the interim ceo spoke on our air last week. however, twitter is not too expensive on a takeover basis. in fact i think it's worth a terrific amount of money to the right buyer. the right buyer is google. why google? first of all, because google's stock itself can't seem to get out of its own way. did you know after years of outperformance this stock has become a stinker? did you know google is basically flat since december of 2013. that's a long time. over that same period. 12.8% gain. yet google stock has been just awful, a total buzz kill. but i think google could go up and go up huge. i mean gigantically if it bought twitter for even a 20 or maybe 25% premium.
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the reason? first google could fire everyone. every last one of the people working at twitter or perhaps have them just test drive google's self-driving cars. google has its own amazing engineers and terrific sales force. twitter could immediately be integrated into its organization. isn't it amazing you could buy a company, fire everyone there and do better? unlike most of the people at google, i'm not a mathematician or computer engineer for that matter. but there's one thing i know. i can do arithmetic. here it goes. are you ready? google class a plus twitter minus everyone at twitter equals 700! now, i always say you should
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never buy a stock on takeover speculation if the fundamentals are unsound which means you shouldn't buy twitter just because of the speculation. i think it will get hot and heavy in the next few weeks. it is. why? because there's clearly a leadership vacuum at the top of twitter. what's to keep someone like carl icahn from taking stock in twitter and saying he could put it up for sale. he could make it happen. it makes too much sense for it not to. let's run the math again. okay? how about another -- how about another company that makes too much sense not to be acquired. yahoo!. when you sub subtract yahoo! gentleman pan and al by back ba go snap up yahoo for 50 bucks a share. verizon will get its money back almost instantly while becoming a real player on the web.
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how can verizon not want to put yahoo! and aol under the same roof? att should buy yahoo! to keep up. you have a winner that could move even verizon stock. i told you we're dreaming dreams tonight. i made that very clear, right? i also think it's time for qualcomm to buy skyward solutions. ceo david said sky works into the best cell phone component maker on earth. the stock at sky works supp red hot, up 46% year to date. the stock of qualcomm $108 billion company -- >> house of pain. >> because it's down 11% per year. it's pegged for having lost its mojo. qualcomm has a ton of cash is doing nothing which is why i think its stock would soar if it buys sky works. >> that was easy. >> coca-cola should buy monster beverage. coke is doing terrell, monster
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is up 22%. it's using coke's distribution center. if they buy the whole thing of monster because it's so cheap [ inaudible ]. i would like to buy coke a monster. it would be the real thing. the market would love this deal. both stocks would go higher. kevin plank solidified his control of under armour. the market reacted positively to it. time for them to buy lululemon. they could get it for 83 bucks. both lulu and under armour are up. everyone would love the combined company because they could take on nike. lulu had its real first good quarter in ages and the combined company would crush it in men's and women's athletic apparel and yoga clothes, both stocks would go much higher. i think hilton should buy starwood hotels.
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hilton up over 7% for the year. starwood has done nothing. that was viewed as a day late and dollar short. starwood has interim ceo adam aaron. with this deal hilton gets instant growth and its stock soars along with starwood. kellogg's stock has done nothing because it has few products millennials like. i think they need to buy white way foods and haines celestial. that's right both. because buying just one wouldn't be big enough to move the needle. you buy them both and have the fastest growing packaged food company out there. this is a ridiculous no-brainer it drives me crazy it hasn't happened. it would be great because month lease can change its way to white wave or hane or hane white wave. anything is better than month lease please. we know apple is trying to
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get in the connect car. i wanted apple to buy netflix in the living room. kood call. now at 666. may be too late. for $12 million apple could buy har min for a 50% premium and would own the connected car. johnson & johnson should go and buy bristol-myers. why not? j&j has so many good franchises. bristol-myers has been moving up nicely thanks to the fantastic cancer franchise which could dovetail fantastically with j&j's business. something google isn't burdened with if it buys twitter. so j and jrchlts's stock would soar, perhaps as high as $120 from its $90 purge. far fetched? just the opposite. all of these deals would produce higher prices for the acquirers now just like we've seen with virtually every takeover we've had in 2015. here's the bottom line. these deals would generate
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instant spikes in the stocks of every single one of the acquires i mentioned. the ceos in question actually know the stuff. they should do these deals for their shareholders and do them now. remember right now cole porter is in charge. anything goes. tom in california tom! ? >> caller: hi jim. thanks for taking my question. it's about united technologies. the discussions have been that they're going to sell or spinoff sec core ski. my question is if they spin off sec core ski, what happens to the united technology's shareholders shareholders? will they get issued shares of sekorsky? if so, how will they be valued at open? is it similar to an ipo? >> they haven't told us sir. one thing that disappointed people is they didn't get an
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outright sale. you get to the platforms using sir core ski helicopters. we don't know the structure. united technology missed the mark. late late. audrey in massachusetts. audrey? >> caller: hi, jim, i'm so happy to speak with you. i've admired you for such a long time. i think you're terrific. >> thank you. >> kinder morgan is my principle holding i've had for many years. recently there have been several negative articles about the company and its stock performance is of great concern to me. i wonder if i should keep it sell some or sell all. >> this company is under pressure from short sellers. there's a lot of natural gas. you could argue the company is not going to have as easy a time making its numbers as it did before, but i've got to tell you, i always thought there was plenty of room in kinder morgan. my favorite is energy transfer
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partners. they have a lot more going on that has a higher yield. i think kinder morgan is okay. ♪ ♪ >> today we have a res bit day. we'll use it to talk about takeovers that drives stocks higher. as frank says a bunch of guys who sang it anything goes. boy, there isn't much better than some healthy mma action. "mad money" tonight, my exclusive with the man behind stock up nearly 150%. can verizon farm fa -- >> looking more dangerous by the day. what does a big fat greek default mean for you. apple taking a breather after a solid start to 2013? is it time to buy more. i'll find out when i go off the charts. stick with cramer! don't miss a second of mad
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. some companies can give you such incredible outperformance you have to wonder if people have discovered a magic formula. $seven drugs on the market targeting unmet needs in pain rheumatology and rare orphan diseases including novo act pun for a number of or fin diseases for rheumatoid arthritis. stock up 147% year to date. not to mention giving spectacular 91% since we last spoke to the ceo in january. 91%. how did they do it? i think of horizon as allergan.
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it's been launching stock higher for many years. horizon has a similar model. make acquisitions by buying individual drugs or entire companies. remember they're inverted and use their commercial know-how to kbroe sales much faster. most recently they snapped up high purian, more orphan drug exposure and the stock rallied the day the deal was announced. the company still has plenty of cash to do more deals. it's darn cheap stock given the growth rate. let's take a closer look with timothy wahlberg chairman and ceo of horizon. welcome back to "mad money." >> thanks so much for having me on again, jim. appreciate it. >> congratulations. it's been quite a run. the great eye peerian acquisition. how much more were you getting out of each company and how much
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is the fact that you've told people we're not done we can do more m&a than we've already done? >> i think the key points jim, first of all, all about execution for us. the key thing is not what we acquire. it's what we do with what we acquire. our ability to execute our base business while integrating rapidly and driving the business forward. it's been an execution story. we expect to be aggressive moving forward from a business development standpoint. >> tim, i have a lot of orphan drug ceos. yours is the first orphan drug i've heard that actually could be a pipeline within a pipeline not one off. this drug -- this acumen can do a lot more than it's already been doing, right? >> right. it's actually been studied for over 20 years in almost 200 different studies. what we found is very rare neurologic disease called fridge its ataxia where we began a
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phase three trial last week in about 90 patients. this is where patients in their early teens wiped up wheelchair-bound and many die in their early 20s. no fda approved treatment. there's about 4,000 children, half of them in a registry where we have access to knowing who we are. when we get the data link next year and have positive results, we could be commercializing by third quarter of 2017 in this exciting disease with an area of opportunity of 500 million to a billion alone. we're also looking at several others such as partnering in certain oncology tumor types such as bladder cancer in combination with inhibitors that have shown success as well. >> that would be incredible for a drug that you paid about a billion dollars for. no wonder the stock went up. tremendous merger activity we're hearing about in the hmos.
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five goes to three. i've been battling my hmo every time i have a prescription. i have one right now that's $40,000 if they don't give it to me. it's $200 if they development i don't think i'm alone. prescriptions made easy is your way of dealing with this ridiculous hurdle. tell our people about it. >> it's very simple jim. we try to do the right thing for the patient. our target is to make sure the patient's pay the lowest out-of-pocket possible. in the case of am moef va and due ex-sis it's between 0 and $10 per month. we also with this program aim to reduce the burden for the physicians who have, like you jim, have their prescriptions blocked or not paid for. if a patient is not covered, we cover that cost. when we look at the program overall, a physician who puts their patients into this program writes about ten prescriptions -- ten times the number of prescriptions as physicians who don't. so the program does the right thing for the patient, the right
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thing for the physician. it allows them to write what they think is the best for their patient and ultimately we get much more prescriptions and greater increasing revenue as you've seen in our sequential quarterly results. >> the battle has begun. when we get these mergers with these hmos, it's going to be your doctor and you battling against them. i think pme is the way to go. a lot of your drugs for osteoporosis, they seem uniquely fit for people who ran in their teens and 20s, now in their 40s, 50s and 60s and has bad knees. this must be a population that grows by 60,000 a week. >> it's a great growing population. about 100 million prescriptions each year alone of n said these pain relievers. what we love is there's about 500,000 prescriptions each week of ibuprofen, due exist we believe is an improved version of that. there's about 250,000
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prescriptions each week of naproxyn. vemova is an improved version of that. for those patients who can't tolerate oral agents it's a great topical agent to relieve osteoarthritis of the knee. we've had great suck sets where physicians see benefits for their patients and continue to accelerate prescriptions. because we've done the right thing for the patient as well. >> a really terrific piece by morgan stanley, a $38 price tag it says we project 2015 earnings per share of $1.20 to grow 50% to $1.80 in 2016. is that a stretch or is it something you can do? >> i think when you look at consensus and where all the sell side has been, they expect us to continue on the great growth rate. if you look at prescriptions year over year due exist is up over 140% very moeb bow is up
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51%, pen said is up 43%. prescriptions are rapidly growing and we expect to continue to accelerate the business and meet or beat those expectations. >> you've got quite a stock and it is absolutely right, it's the execution execution. timothy wall bert horizon pharmaceuticals. this stock is not done. thanks so much. >> thanks, jim, great to be here. >> after the break, i'll try to make your more money. coming up, losing steam? apple and sales force are two of the best in 2014. both of these shooting stars have lost altitude. is this a prime time to buy or a sign to stay away? cramer is finding out when he goes off the charts.
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what happens if greece does go under? who will fund it? someone will have to bail them out or there may be people who may not be able to afford to eat, massive immigration that no other country in europe seems ready for. even worse, what happens if the greeks default but continue to use the euro? can the chinese swoop in and fund greece? how about the russians? maybe greece will side with the east against the west in this new cold war? some day soon we'll be talking
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about who lost greece meaning greece will have goneover to the other side, just like we spent the 1950s asking who lost china. i think who lost greece will be the germans and germany will owe an, nation for why they're being flooded with greek immigrants looking for work or welfare. somehow these elements feel like they're all up in the air. nobody seems to have thought any of this stuff through, least of all the greek government. it's almost surreal how the politicians in greece failed to explain the confidence of default to their citizens. with 25% unemployment maybe think think nothing is worse than the status quo. people of greece don't see the positives that happened in spain and ireland after embracing austerity. while their economies are doing better in spain unemployment is sky high. the greek politicians act as if nothing good comes from austerity anyway. sometimes they think the money is free never any strings attached? the people running greece seem to feel it will play out in
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fairytale fashion. they don't seem to understood what happens when your company is a financial pariah no one buys your bonds, at least not this generation of lepders, at least not this one. the people who elected the current greek government into office are so anti austerity. greek politicians refuse to repudiate that fictional narrative. the consequence of default are murky at best. it's entirely possible that the ecb will step up again to keep the greek populous from starving or overrunning other countries when fixed incomes either stop getting paid which is what would happen if they default or they're just running out of money everywhere. no one is talking about that the potential catastrophic consequences for greece itself. all you hear about is how the lenders will take a beating. it would be one thing if the greek politicians had a plan to go off the euro.
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they would take a short-term hit, but eventually the new currency would make the country more competitive. there are risks with putting in your own money. greece would have a possibility of a positive end game if it defaults. as it is it seems right now there's no plan. the people running greece assume the rest of europe will blink and they'd rather sechbd their economy into a death spiral. either insane or the best games men in history. until we hear a concrete plan on how greece can default but stay no the dwrur row zone, a better opportunity to buy stock awaits especially if they turn out to be tone deaf tomorrow. while greek default would be bad for the stock market the real would be the people of greece if if their leaders seem happy as clams about the prospect. let's go to jim in new jersey. >> jim, how are you doing? >> good. how about you. >> caller: i wanted to call
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about banco santander. quantitative easing is occurring in europe not sure what to do with it? >> i'm not crazy about the european banks until after the greece situation resolves itself. we don't know who owns these bonds. maybe spain owns a lot of greek bonds. we don't know where they're hiding. we're going to wait. no harm in waiting. that stock is not going anywhere. chad in kansas. chad. >> caller: yes, jim. >> you're up chad. >> caller: boo-yah here from kansas. >> i was on kansas on thursday night. loved it. it was very flat though. >> caller: i work for ge and heavily invested in ge stock through my savings and security program. my question is what future growth do you see in ge stock now since they've sold off the finance side of the business and are in the process of selling off the appliance division to
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electrolux. >> i think ge is on a slower boat to 30 but it will get there. it's taking a lot of time. the whole shareholder base seems to be turning over. ge is doing everything it can to bring up value. i salute them for doing that including getting rid of the division that has kept the company back from going higher. i think ge can rally. listen up kram mayorcramerica, until we have a concrete plan, i have think better opportunities to buy stock will come. much more "mad money" ahead including deep dive into two the action of two of the biggest names in the game. i'll see what's next when we go off the charts. the company abraham lincoln once worked for i'll find out when i talk to the ceo of dunn & bradstreet. your calls and the lightning round.
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i think it's always worth checking in with the technical prospectus prospectus, see if we can glean anything from the action in their stocks. we have two favorites here going off the charts with the help of a brand new technician to "mad money," terrific robert marino who happens to be my colleague at realmoney.com as well as being the publisher of right view trading.com in order to find out what's next for sales dlooes force and apple. let's start with salesforce. crm. this is a chart marino likes most. he points out salesforce began trading in a triangle pattern in february of last year. this february the stock broke out above the resistance level at the top of the triangle. for the next two months the tech traded sideways a floor of support. we love when that happens
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salesforce spiked in april because we were out at the san francisco bureau in part because of takeover rumors. pulled back since then. marino notes the stock has been holding above its ten-week 50-day moving average, something the ceo isn't focused on. since he's a multifocuser he might get a kick out of it. marino thinks the up trend in salesforce clearly remains intact. it's up on a spike on takeover which seems to have gone away. check out the rsi, relative strength index. it's been holding up at high levels, remember above that dotted line is high which suggests to marino the stock still has upside momentum. how about the money flow index at the bottom. as you might guess, it measures volume to gauge how much money is going into or out of the stock. the index, for sales force, it's now in very positive territory.
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anything above that line is very positive. based on the weekly chart, marino think it is sales force may be taking a breather before once again resuming the march higher. although that breather may have ended today. how high could it go? remember the triangle pattern from 2014 to february of this year given the sales force broke out above the triangle, this pattern suggests that it should be able to rally at least the width of the triangle and that would send the stock to $80 more than $7.00 from where they're currently trading. how about the shorter-term daily chart. salesforce has been making another triangle pattern. remember those are positive since this monster rally at the end of april. it's making an effort today marino says it's going to trade up to 80 two different patterns two different charts. they both indicate salesforce is headed to 80. these are technicians. if it drops below 70 all bets
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are off. remember charters aren't like the rest of us. they like stocks more than when they go up above key levels and like them less below key levels. i like salesforce at a lower price, i like stocks that are less expensive, not more. i'm not totally momentum driven. next up what can marino tell us about apple? you know my view on apple. this is a stock you want to own, not trade. take a gander at the weekly chart. for marino apple pulled the year rally has been a textbook example of a technical advance. this is textbook. like so many other things that apple does if you had a big char tis book it's beautiful. has periods of trending higher periods of consolidation all above a rising trend, trend line rising 40-week or 200-day moving
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average. always ab . it almost always looks like a staircase or moving pattern. tim cook probably doesn't care about this either. but he too, is a multifocuser. marino points out that apple is stuck in a periodic consolidation phases. exactly the same thing happened earlier this year and the stock roared higher before moving into this current consolidation phase. i think this is the phase that shakes out the sunshine soldiers and summer patriots. part part of the reason marino think it is pattern is intact. what else does he like? for starters the rsi remains nicely above the line. he likes what he's seeing in a new indicator we haven't talked about, the chak en money flow os
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later. the chak en money flow is basically a 20-period average of the accumulation distribution line which means a tool for measuring the level of buying. it can give a sense of whether the big institutions are buying or selling. while it isn't as strong as it was earlier in the year it's still in positive territory which suggests that the big boys are still accumulating apple. not as aggressively as lower levels. here you get a picture of the sideways consolidation phase the stock has been stuck in. this is where everybody is like jim, you shouldn't like apple anymore because it's not doing anything. anyway, that's my twitter voice. right now marino points out it's strong around 123.50 four bucks below where it's currently trading. we see an intersection of the long-term trend line. on the daily chart, both the rsi
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and chak inmoney flow os later are flat. he wouldn't be surprised if the stock traded a bit lower in the short term shaking out even more weak. marino is not worried about this picture at all. for him, the lesson is when the stock trades sideways it's got a reinforced concrete floor of support with rebar, a history of being able to hold every time it's done this for the past two years. in short, he thinks it would be a terrific buy if it pulls back to $123.50 floor of support. how many of you will ban in that stock if it gets to 123. i say abandon it now? >> don't let theit discourage you. sales dlooes force and apple are headed higher. marino sees salesforce is going
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to 80. he thinks aping is no different than any other period. as always you own apple, don't trade it. like marino's charts would suggest. i think salesforce.com is a fantastic story. both buys here. as far as the fundamentals no shocker, you know i like them both very much. after the break, i'll try to make even more money. >> i'm going to beat myself up like gap ♪ ♪
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need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. . it is time it is time for the last lightning round before the fed decision tomorrow which by the way will be covered from every conceivable single angle starting at 2:00 p.m. on power lunch with my friend brian sullivan. now it's time for the regular
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lightning rounds. [ inaudible ]. are you ready? time for the lightning round. steve in pennsylvania. steve reno? >> caller: jim, good to talk with you. you recently expressed concerns about some of the names in the biotech sector becoming overheated. >> yes. >> specifically do you think bio marine pharmaceuticals is too hot to handle. >> j.j. is really fabulous. i'm not worried about that one it's some of the smaller ones i'm concerned about. >> sunny in illinois. sunny! >> caller: a big chicago blackhawks bu yeah. >> congratulations. i'm jealous. boo-yah. >> caller: i've been a fan of your show for ten years. i love what you do and i love your book. >> thank you. >> caller: you're welcome. what is your opinion on on
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semiconductors. >> i like it. not as highly rated as -- let's go to chip in massachusetts. chip. >> caller: hey, jim cramer in person wow. technology is amazing. question for you. i bought into frontier communications ftr sometime ago at a good point t. stock went up and up and up. i was up 70% and it stayed that way. now in the last three months it dropped to 20%. >> it's got an 8% yield, trade flat line five bucks. i don't think there's that much upside other than that yield. katherine in con at the time cut. >> caller: boo-yah from connecticut. >> boo-yah, katherine. >> caller: i've owned the stock for a long time. it's corning -- >> i like the upgrade today. i think corning can start going higher. that, ladies and gentlemen is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade.oor traders
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to help walk you through that co mplex trade. so you'll be confident enough to do what you want. i'll pull up their number. blammo. let's get those guys on the horn. oooo. looks like it is time to upgrade your phone, douglas. for all the confidence you need. td ameritrade. you got this. you wouldn't take medicine without checking the side effects. hey honey. huh. the good news is my hypertension is gone. so why would you invest without checking brokercheck? check your broker with brokercheck.
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never underestimate an old school company's inability to bring itself into the modern era with the right management. take dunn & bradstreet founded before the civil war, currently the leading source of commercial credit information with roughly 80% market share. the trouble with selling information in the digital able it's become much easier for competitors to copy your data. a little more than a year and a
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half ago, they brought in bob kerrigan as the ceo. he took the vast repository and put it into one global company. dunn & bradstreet has become more of a big data analytics play with a database on more than 240 million individual companies updated five million times a day. wow. that company -- the company thinks it could have a $24 billion addressable market across commercial credit sales marketing info data surface ts and supply chain management. skepticism about kerrigan's ability to turn it around. stock has given 22% gain since he came aboard over a year ago. dunn & bradstreet credibility corp, that helped small businesses monitor and build their own credit file. it was sold off to a private equity firm. remember that's old management. dunn and brad credibility has a
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much better asset now. it makes sense. it will improve small and medium sized business offerings. can this turn-around continue? let's check in with the president and ce ofrmts of dun & bradstreet. >> you had a fantastic day that helped the stock. ready to begin the era of mad men, not just the show but business has come to an end. what's that mean? >> it means the math men are taking over because data is becoming more and more important to chief marketing officers. that's what we're referring to in that slide. marketing is moving from art to science and companies are trying to figure out how do i use data and marketing automation software to engage with customers in new ways thaechlts one of the use cases, helping cmos engage with customers. >> so many companies come on and say we're the company you should hire. why is dun & brad the one to
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hire. >> we have 240 million companies in that database. we own that data. we've got proprietary analytics to help customers gain insights no. one can touch that. if you ears a salesforce user you can get the environment. we have lots of important alliance partners so if you're a customer, you can get this data when and where you need it. >> 75,000 weekly conversations. where are all those people making those calls? that's individuals, that's expensive, isn't it, to maintain that? >> you're referring to our emerging businesses division. that serves small to medium customers. our solutions help them emerge and become bigger and better businesses. we have call centers, a lot of digital interactions with those customers. we're focused on helping the needs of the small to medium customers. >> tell me why the companies want to give the data. nobody knows anything about private companies.
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>> we get the data through 30,000 sources. we have 12,000 sources of trade. we have major financial institutions an companies give us accounts receivable information about those businesses. we also get signal data and other kinds of data like e-commerce data shipping data and social media data. we combine the unstructured data i talked about with the accounts receivable data and suddenly we've got a rich profile of a lot of businesses 240 million of them. >> one of the earliest things in your presentation was very unusual for a ceo to do this. we were too focused on looking inward. in other words the way dnb, the old company was approaching, they had the same data and weren't using it. why are you looking outward now? >> whenever you have a company with 174 years of history, you is some ways of doing things that you've done in the past. what i always tell employees is you have to act from the outside in in everything we do. let the market opportunities, customer needs drive what we do.
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all our behaviors are shaped by that. we're trying to focus on the external outward market. >> you're using pretty aggressive organic growth targets. you were coming in one minus to four. you're talking about getting to mid single? >> we said at analyst day yesterday -- >> that's a stretch, isn't snit. >> we had 2% growth last year hadn't grown in five years. when you look at the strategy we've laid out, al the ways we're serveing new use cases, sales and marketing solutions trade credit business, these are areas at a time when data is increasingly important, we're well positioned for that. we feel pretty confident getting to that target. >> you say the cash is going to be used to reduce debt. clean balance sheet, good dividend, those days can come back. >> of course. we throw off a lot of cash and delever really quickly. we want to maintain our
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investment grade rating and done accusations lately. it's important for us to use that cash to pay down some of the debt. we'll continue to use that cash wisely to drive the vat gee and any excess cash. >> i think this is very exciting company. i love what you've done. obviously the stock has been terrific. bob kerrigan the president and ceo of dun & bradstreet. excitement is generating profit. that's the way we think of it here. stake with kramer. attention investors! vectorvest mobile is here and it's free! make faster, smarter better trading decisions with ctorvest mobile. the most powerful app or managing
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you probably know xerox as the company that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every month? or how about processing nearly $5 billion in electronic toll payments a year? in fact, today's xerox is working in surprising ways to help companies simplify the way work gets done and life gets lived. with xerox, you're ready for real business.
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in olden days a glimpse of stocking or maybe stock mergering was looked on as something shocking. now, god knows anything goes including google plus twitter minus everyone at twitter equals 700. that, of course is the googl kind. we suggest a lot of mergers. why? everyone is talking about greece. tomorrow, 2:00 decision. i think we have to be thinking about takeovers because that is what anything right now goes including this one. i'm a little concerned about the quarter because the stock has run in advance. i like to say there's always a bull market somewhere, and i promise to try to find it just for you right here on mad "mad money." i'm jim cramer and i will see you tomorrow!
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lemonis: tonight on "the profit"... sammy: this is where the magic is. lemonis: ...a burger business in new york city... tranchina: don't be shy with the sauce. lemonis: ...built by four best friends... sammy: we had a dream. we had a [bleep] passion. i don't know where the [bleep] it went. lemonis: ...who now can't get along. sammy: so, why the [bleep] wouldn't you open up the restaurant on time? -that's [bleep] -tranchina: hey! that's enough! lemonis: it's a dire situation... sammy: i build it for my brother, for my family. [ voice breaking ] i feel i failed them. i really do. [ sniffles ] lemonis: ...compounded by lagging sales and mounting debt. how much are you losing? covello: $5,000, $6,000 a month. lemonis: if these guys can't get on the same page it's just a matter of weeks before this business goes belly up. todd: if we don't fix the problem, we're gonna have to close the doors. lemonis: new york city has a ton of energy, and it's always been a place for dreamers.
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