Skip to main content

tv   Mad Money  CNBC  August 18, 2015 6:00pm-7:01pm EDT

6:00 pm
i'll also add health care and financials. that has been a huge part of the market and the stability of the market both sitting really close to their 58 50-day moving averages. we break that we've got some issues. >> i'm melissa lee. thanks for watching. see ♪ 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 money. my job to not only entertain, but to teach, and coach and put in contexas. call me. or tweet me. @jimcramer. this market has a goose. allbeit not a particularly golden one. but if the goose gets killed we
6:01 pm
will be in trouble. i'm talking about the housing goose and frankly on days like today where the dow dropped and the nasdaq sink 6.4%. it's one of the few sectors working, in fact, it saved the day from being a full-free fire zone. fir, understand that once again, we are back in international purgatory, the house of pain. that is when happens when the chinese markets are down and others are weak, and commodities are soft and the dollar is upper freaking strong. ♪ >> when you have this combination it's almost impossible for the market to rally. there's too many companies that do poorly. think about it, for starters this is china. and we have to talk about it. have read how china has not impacted our market so why does it matter now? that is a stupid question. sure the stocks themselves are
6:02 pm
not that important. a lot of the individual companies are important. because they tend to be financials, when i try to pick among the rubble in china, it's the financial companies that are unhealthy to me. not that we can tell, it's china. as in for get it, jake, it china. we have no idea how the banks are doing in china. i don't think it's different for the more distinguished lend institutions in china. here is what we do know or did or thought we did before the stock markets break down. as long as china's stock market went higher the chinese government had a plan. to make the country wealthier through greater stock wealth. it worked here. it forces you to buy stocks and get yield. that drove up stocks, created wealth and made it possible for a lot of positive things to happen on the job creation, consumer spending and housing
6:03 pm
funds. none of it was lost on the chinese, they like ben bernanke's stock plans put it to work themselves and unfortunately they put to work in junk companies not high quality companies. they didn't reign in the spe speculators. let them buy all the way up. which has led to the ongoing disaster that is the unstable, chinese stock market. one where our best hope, if you are a bull, that the air can be let out slowly. like the rapid 6% decline like they had last night. if our stock market did not roar higher as the chinese market went higher. we will react negatively to a chinese crash, because it exposes that they are less powerful and less perfect than we thought. they are not alass, invincible and we are beginning to believe they don't know what the heck they are doing.
6:04 pm
think of the silly moves. you are not allowed to do it anymore. politically incorrect, they are silly. they have created bureau of stocks. a bureau of stock buying so they can prop them up, genius, and they close trading in stocks tall the time. intelligent. this insane, nobody likes to say it out loud because those in china are supposed to be better and smarter than we are and who powerful and supposed to have surpassed us. remember when we were left in the dust by the chinese, out of nowhere, they devalued their currency by one swoop. the sudden devalue wagz six typtype d six times better than last time. all i heard was we have it figured it out, don't pay attention to the than behind the
6:05 pm
curtain. they are about staying in power. not 7% growth power. i don't agree with how our technology stocks trade in lockstep with the chinese market. but the growth in apple's iphone could be from china and most will be less likely to shell out money for an expensive phone until the stock ones go higher. if we are going to slaughter young wrands over the peer that the kfc division is not doing well, we will have doubts in sky works and their components. see those? ouch. we know that china is using fewer commodities and it's a disaster for another country, brazil, have you seen bivesta, it will brielind your eyes.
6:06 pm
it seems that they go one for one, i say seems, i don't know about the link with apple, it's hard to figure out, but the world materials that brazil is pumping out that country is doing terribly. i don't have to tell you how horrible the strong dollar is for any company doing business overseas. but i will do. i saw a down grade of disney, not because they have cable losses because it was international. international exposure, that is how seriously people are starting to take the currency issue. we come in and and we see it from the get to, and i got up and oil was off .40 dollars and that could have been a world of hurt, but nobody trusts oil to do anything, it's all we can say about crude. which leaves us with what is working. housing. housing is an amazing tonic tore any economy. we are on pace to build 1.2 million homes. takes a lot of blue collar
6:07 pm
workers to build homes. a lot of white collar homes to process the buying and selling of homes and retailers to build and fix and furnish homes. if you are a retailer, unless you are in direct competition with amazon, you are growing. who does that define? how about home depot that led the market with the dow or tjx, one of the best performing stocks in the s&p, it's home goods division is on fire. if you are amazoned you are not participating in the move. or worse like walmart, you are getting hammered and cutting for ft kas. remember, we have plenty of days where the dow did not go higher and interest rates went down, making stocks better. we can have another day tomorrow, the sun could come out. the important thing that you have to understand, house onning is the goods and days like today, it's gold enough for investors but if china gets hit and the dollar goes higher and we get some fed-head saying rates need to be raised now then
6:08 pm
the set up will be bad and i need you to be ready for the turmoil. bottom line, housing can work wonders for an economy, do not ask it to work wonders for the stock market. there's other forces now for the housing goose to carry the harkts weight. let's hope it does not get slaughtered by an overly aggressive fed that thinks that everything is honky dory away from housing. that pundits think the economy is so on fire that it can have without hurting the economy itself. dick in new hampshire, dick? >> caller: thank you for taking my call. i bought in to a master limited partnership, wpz. >> yes. >> caller: and then energy transfer made an offer that the board turned down because it didn't include wpz, which is williams companies and then they
6:09 pm
went to auction to avoid a hostile take over and now spectra energy is showing that there's a bid on the fall k maybe kinderborden with interest too, i'm not sure of my move here. >> i think you hold it right now, i think you are okay. williams wpz is the better one, i think you are -- i don't want you to sell the wpc, it's too low. let's go to michael in new jersey, michael. >> caller: booyah to you. >> i needed that sense of humor. what is going on? >> caller: i set up long-term position, after doing a people work, my thoughts is qualcom got beat up 17% down, i have been watching it for a year and a half and waiting for day, what are your thoughts? >> i'm not as bullish as you. i look at qualcom versus say a sky works i like the kweeld yie
6:10 pm
qualcom, but i think that sky works is same pe, and has better growth. i prefer you see in sky works buying them on the way down and qualcom is putting a floor in on the low 60s housing can do wonders an economy but it cannot carry the market. a overly aggressive fed can slaughter this golden goose. "mad money," zullily, should you make the bet on twitter? what is heck is going on with haines celestial? i have the exclusive, stick with cramer.
6:11 pm
6:12 pm
can it make a dentist appointment when my teeth are ready? ♪ can it tell the doctor how long you have to wear this thing? ♪ can it tell the flight attendant to please not wake me this time? ♪ the answer is yes, it can. so, the question your customers are really asking is, can your business deliver?
6:13 pm
6:14 pm
is sunshi . as a price of oil has been beat over the last year the renewable stocks have been laid to waste. that means that renewables like wind solar are less competitive. there's one exception, and that is first solar. that is fslr, here is a stock down more than 25% over the last year. but earlier this quarter, they reported a great quarter and
6:15 pm
they have rebound. they delivered amazing results probable it will best surprise of 2015. $.93 of earnings. first solar's backlog is so big they are sold out through the first half of 2016, no wonder they were 44-51 the next day. let's not forget that they have have is a partnership with yield-co, this company has 8.3 emergen energy partners and they have s passed along their dividends. is it safe to go to first solar? let's check in with the ceo of first solar and learn about the first quarter and where his company is headed. welcome back to "mad money." good to see you, jim. >> good to see you. >> have a seat.
6:16 pm
>> your company is figuring out how many electricity you can get out of a particular piece of material and you keep breaking records. what does it mean for the customer? >> what it means for the customer is that for every panel they purchase, they get more energy out of ththat panel, the more energy at a smaller footprint and at lower cost. last i was here, we committed to an aggressive technology roadmap and there were critics if we would deliver and we've delivered what we said we were going to do. and we are not done. we have new records that will flow through the production line the next several years the same as we did in 2012, 2013. so, we start at the core of the company with a commitment to the technology and then we try to integrate beyond that and
6:17 pm
capture the profit pools. >> as much as the technology company you are, there are a lot of financial players that are interested and this morning, i saw edison and goldman sachs, why is the industry aligned with solar. >> as you well know, the energy world is capital intensive. it requires a lot of capital from lots of different sours and so, wall street simply is going where the need is, and as solar becomes a mainstream generator there's going to be need for lots of capital and we are seeing structures and ways to source that capital, includie i the yield coast, the warehouse facility that finances development. and we will continue to see that innovation and development as renew ables and solar in particular continue to grow in scope and scale. >> we can be reading about first
6:18 pm
solar in morgan stanley and j.p. morgan, it's not done. >> it's not done. we don't have the same need they do, we have a massive balance sheet, we don't need the warehouse type facilities but we will continue to innovate on the capital side as will the others in the industry. >> 8.3 is your yield code, that's the amount of time it takes the sun rays to hit the earth. i did a bit of work on that. if an investor is watching the show and they want to be in something good for environment, which people care patrolm-- peoe tremendously about. why pick it? >> the best story i can give you, it's -- >> it seems mlp like. >> we are in the manufacturing business and the project development business. those businesses are lucrative and are attractive to some investors but they are more risk
6:19 pm
oriented than a capital off of an established project. and they have a different cost of capital. if you are looking for a mlp type, rock solid stable cash flows that has growth with that. then the yield co, 8.3 is what you want to invest in. if you want more of a bet on the global economy and growth and the renewables becoming a greater contributor overall, you will look at the parent companies. >> we talked about the percentage there, you get a 5% yield, north of that, but we talked of how much of the energy is converted. i was trying to compare it to, if you look at the new methane rules that the president wants you are more energy official than nat gas. including the environmental cost of nat gas already, is that correct? >> that's correct. as you well know, costs have plum plumm plummeted, two or three years
6:20 pm
ago i sat here and spoke with you, we would have been talking about 7, or 8 cent kilowatt hours and now we are talking sub is four, or just above five. when you get to the prices and remember a key component that people sight of, when i sign a contract for the utility i give them a flat price, with no price risk for 25 years. try to hedge it in the market, there's a tremendous cost to layoff the commodity price risk. >> we talked about where you are in the country and in the world. your product works better in some areas than others depending on the weather. where is it not economic and where could it be economic? >> so, obviously when you get in sunnier areas and hotter temperatures, you get the greatest economics. what happened is as the costs come counsel the footprint where we are economic continues to expand. so if you visualize the united states, it's moved from primarily the southwest to now
6:21 pm
we are heavily involved in the southeastern united states, and as the costs come down, the line will move north. >> it's an exciting part of the story, i'm happy that you have been with us the whole way and all what you promised and more has occurred. everything that you need is in the documents including fantastic data, "mad money" back after the break. >> coming up the zulilly take over gave shareholders a huge win and twitter could be 96 target. should you be careful before buying in? cramer takes a closer look at the company's fundamentals to help you make mad money.
6:22 pm
6:23 pm
6:24 pm
♪ stop waiting for a takeover already! you should only own a stock because you like the company, not because you think it might get a bid. if you are not happy with the fundamentals the odds are that the acquire you are dreaming of won't be happy with the fundmentlials either. if you don't know the fundamentals then what the heck is the point of owning the stock to begin with? let me give you a example. twitter. how many times a day do people talk on my twitter feed on why it should be had and bought and
6:25 pm
why can't facebook own it or don't all of them need a social media component? all of that would be spot on if twitter were doing better. but we know from the last conference call that the company is not doing well at all. don't take it from me, they told you. it has no real growth versus the successful internet companies and management saying they don't have their act together genuine self criticism. i wanted to give them a hug and say, don't worry about it, everything will be okay. but it isn't. thousand, you can argue that the perfect case for someone to come in and turn around the company is twitter. however, we know twitter is on the verge of name ago a new ceo, that is a whole other kettle of potential stinking fish. i worry that they are go to be a
6:26 pm
zulily situation. another company swooped and bought it well below the price that it went public. the difference, zulily is a tiny acquisition, drop in the bucket. twitter on the other hand has $19 billion company and it would cost most likely $24 billion to buy it, ten times the cost of zulily. what has to happen? i think twitter has to the go down before it atraths any suitors. the good news, they will most likely attract multiple suitors, but the bad news, you are holding a stock on a not so good company that may get better. ever ponder this question? maybe twitter's just a small company with a big market cap. it's something that i have had to think about since my travel got stuck in it. it's not just tk. i'm hearing a lot of people talking about how the little oil
6:27 pm
companies will be snapped up by the big ones. the free fall in the oil stocks and the stretch sheet would make any potential acquirer blanche. like twitter, you can argue that any potential buyer should wait, the force is with them. that is the pull down force that we see every day. no. hurry. only a couple of companies have gone bust, there's more in queue, too many terms of being below $2 for me to mention on the show. you see them, some of them you need this to just see them and they were ten times where they are now, this week last year. i know plenty of people who piled in to sprint betting their would be a bit p. the government has ruled out that possibility. i like all the noise that sprint is making about being competitive. do not confuse a potential comeback with a take over. if you want to own a wireless carrier, you would be better off owning t-nobomobit-mobile.
6:28 pm
netflix shove -- netflix should have been acquired and rite-aide, they made sense to own with or without a take over. the stocks before that are not misunderstood. if you are hoping and praying for a take over, because you think something should be bought, all well and good ask yourself, would you like it if it were not being acquired, would you like it as configured not as it may be configured if everything goes right. if the answer is yes, you have my blessing. if you fear the numbers are too high, or the company is in dis a ray. then don't expect good things to happen. you can get lucky, but i have discovered that luck is not an investment strategy. joe in missouri. joe?
6:29 pm
>> caller: hello, jim. my questions is on facebook, i'm up on facebook substantially. is it a hold, buy or sell? >> all right, jack, he was the portfolio manager and i would discuss whether we should trim back facebook today. and i say, i stopped myself and i said, you know what? you trim losers not winners. facebook, is a winner. ben, in new york. ben? >> caller: jim, oh, man, i wish i could pick your brain for an hour. >> oh, man, you need a couple of -- i don't know, let's just say you need a drill to get in there. because man i have been so hardened by criticism of late. it's nuke tclear. >> caller: concerned and wanted to know about your feelings about empire city subway system, they are owned by verizon and those are the path ways that any internet provider that wants to give us real high speed internet in new york city will have to use, any play on google?
6:30 pm
>> verizon is so huge, they bought aol and nobody cared. you cannot move the needle for nothing on the stock. they have a good yield, interest rates are low, that is why you own verizon, it's a yield-co and not much more than that. do we have time for one more question? no we don't as a matter of fact. sure you can get lucky, right? i won the home run payoff loutry. hope is not a strategy. and hoping for a takeover is not an investment strategy. a lot of good things happen to companies with good fundamentals. more ahead sky works solutions, a major apple supplier. can the chip maker get back on strak? although there's china, i will find out. natural and organic food play, they got slammed. they were down, giving it the business p today, is it your time to get in, we will talk to the ceo, and your calls, rapid
6:31 pm
fire, and great addition and lightning round, stick with cramer.
6:32 pm
6:33 pm
♪ at what point does it become safe to revisit the highest
6:34 pm
quality semi conductor stocks, the semis have been hit so hard over the last couple of months. severally cutting demand for damage ets. take power works solutions. they components fors networking and industrial, medical,ing and military applications. mainly sky works does components for cell phones. they may get a third of the total sales from apple, but apple discourages discussions about any of their suppliers. apple has been slammed because of the fear in declining china demand and sky works is dragged down with it. it's down from the june highs and got hit again today, falling $5.23. but the whole semiconductor complex was beaten to a pulp, the company can's latest quarter reporting in july, fabulous.
6:35 pm
delivered a powerful on the top line and the woman line. sent the stock back up to 103 and now it's back to 85, these results were from before the chinese stock market crashed and the market went in to a tail spin, we need to know more about a stock that we got behind at $5 a share. when the ceo first came on, we gotity to know more about what his company is doing and where it's headed. good to see you again. >> thank you. >> ithinking of doing sanity check. this is a piece dated august 12th. it has been the piece that dogged your company ever since. it says, remember chinese stock market, your revenue from china? >> we do 20 to 25% of our
6:36 pm
revenue comes from china. we have products built in china but they are not consumed in china. >> right. >> and i think it's important to point out that where we focus is on lte and 4-g and that's the component of the market where we have the most products. we have the high dollar. >> most people are not at 4-g yet, so there's a lot of demand in the future, it's not fine iet. >> that is right. >> we have three to four dollar content in an lte phone than in 4-g and 2-g, there were under 1 million phones shipped in china but there were more than a billion this year. we have higher margins in a segment is that the market that is growing strong. >> you used the term, on track, is that still fair after the june 12th of the beginning of the correction in the stock market and export numbers being down 8%. is it is still on track?
6:37 pm
>> yes, it is. a we have been in china since forming the company. we understand how the exec the distribution channel. we don't see anything abnormal from a distribution standpoint. we see oem share shifts that are dramatic in thachina. our customers. we ship to just about every customer. >> agnostic. >> so one is up, one is down, we are typically okay. and that has been the history of the company. we are not whip sawed much by changes s in customer or brand loyalty. >> i got a phone and i thought i will never need a more powerful processor. i sometimes feel that sky works is being pegged as the 486 and there's not going to be any need for what you are talking about in 2018 and your different documents. somehow, explain to me why i may
6:38 pm
be wrong and i need sky works power amplifier that is different than the one i have now? >> it's pretty simple and it's helpful to follow the money. if you look at the bright spot in earnings, you have seen mobile payments and audio streaming music. video streaming, delivery, right? you surfing traditional media content and what it requires is connectivity to a high speed reliable, efficient, and secure pipe. and that's where sky works -- >> pandora, spotify, am zazonma google, they need more power. >> they need more processing horse power and a better screen and they have to be connect all the time. we built our company on the ability of creating system level solutions that are sticky. that they can embed in the service. whether it's a automobile, the factory floor, the home, the
6:39 pm
thermostat and the light bulb. where products are being connect for the first time as part of this internet of things. and we are to ground floor and growing stro ining strongly. >> we know the rates are going big on those, but there's small base versus cell phone and in the end the bear watching is saying what is with it, it's a cell phone maker component and cell phones are slowing worldwide. >> so our nonmobile business is about 24/25 p% of our revenue. it's not small, it's early stage, it's growing very, very fast. but in the case of smartphones, remember that in china for example, 80% of the consumers today are on two or three g, we have 80% more content. >> 20% does not have the high expense, high margin chips that you make. >> 80%? that's correct. >> a stock market went down, do they want better phones?
6:40 pm
>> they will want to upgrade to the that level of service. >> but the stock market is down. >> but the growth rate in the devices is, as i said is, 2014, they bought 100 million and 2015, on track to a quarter of a billion. and it's a broader connectivity wave that is driven by the economics of having everybody connect all the time. it's affordable. it's in such high demand. >> are we willing to see, look, i'm bearish on where the market is going. i have to accept that sky works, everything that you said i know is true, i have known you forever. we are at that moment where it my not matter. we are in a highly emotional charged moment about china i don't know that care that you say things are on track, do you get that sense too? >> i don't get that sense. >> okay. >> i think it's clear clear fro investors that own the stock and are interested in the long-term secular trends we are interested in that. we delivered last quarter of 38%
6:41 pm
growth and revenue of 38%. we passed over 30 points of operating income. we guided to well above the market growth rate. >> and 14 times earnings. >> we have complete coverage going in the quarter, and still have complete coverage. i think our investors are looking at the long-term secular trends. the internet of things. the need for high speed internet access. >> wearables. which i think is huge. >> and the automobile is a huge market for us today t. >> you heard the statistics, the statistics in the paper as much as i like to think that goldman got it right, it's a simplified number and it's not accurate and it does not represent what they are doing, you may be scared of it, but at 14 times earnings, you may be paid to be scared. it's okay. here to tell it as it is. as he has since the stock was at $5 a share.
6:42 pm
stay with cramer. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. more data means more freedom to do..whatever. that's why at&t is giving you 50% more data. that's 15 gigs of data for the price of 10. because the more data you have, the better. and right now at at&t get $300 credit for every line you switch when you trade in a smartphone and buy any smartphone on at&t next.
6:43 pm
6:44 pm
at ally bank no branches equalsit's a fact.. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. lightning round, is sponsored by td ameritrade.
6:45 pm
it is time it is time for the lightning round. what is up? and are you ready? time for the lightning round. stan? >> caller: yeah, have a very, very warm southern california booyah for you. >> nice, i need it, thank you, what is up? >> caller: well, mg has been going up and up and is it time to sell some. >> it's $127 billion company, no. it doesn't matter, in the reality, amgen is not expensive. pete in new york. pete? >> caller: booyah, jim. planet fitness? >> it's a cut throat business. i know people love health and wellness, that gym, that is too cut throat a business. i don't want to be there. how about michael. >> caller: booyah, wll? >> i did a piece for real money.com talking about the
6:46 pm
prospects of a take over in this and other stocks, eog had to say, and it did not come up positive. let's go to emily in arkansas. emily? >> caller: hi, jim, when happened with papa murphy's earnings? >> we had a great run in that one, and it's over, it goes back to dominos. that is the most consistent. nan nancy in have a. >> caller: what is your prognosis in general dynamics? >> they had a great quarter, people thought that the private plane business would be bad for them. walter in new jersey, walter? >> caller: jim, cim, buy, sell, or hold? >> cim is the -- cimera, no it's a mortgage play that we cannot tell what they own, i'm not there for that. brandon in pennsylvania.
6:47 pm
>> caller: what do you think of son edison? >> they are doing a deal with goldman sachs trying learn how it works and where we got it wrong the first time, frankly. there we go to ted in california. >> caller: booyah, jim, home of the san francisco giants, and the golden state warriors. buy, sell, or hold? >> which one? golden state warriors, buy. what was the stock? didn't say a stock. i will see you in the super bowl. let's go catherine in new york, catherine? >> caller: jim. >> catherine. >> caller: metrics, buy, sell, or hold? >> i got sell, i have biogen, i like them, i will go with the four horse man, that is the conclusion of the lightning round.
6:48 pm
let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim? for all the confidence you need. td ameritrade. you got this.
6:49 pm
6:50 pm
♪ few things are harder to overcome than great expectations and i don't just mean it's hard to slogg your way through a charles dickens novel. a stock could get slammed though matter what is going on with the
6:51 pm
stock. such as the companies we have up front here. this morning, hayne had a solid quarter. up side guidance from next fiscal year. you think that's enough for the stock? but they got put through the meat grinder. down almost 7%. reason? the stock had run up dramatically going in to the quarter and some felt the quarter was not as strong as it should have been. sluggish sales in britain. should we be concerned here? something changed, or do we accept the fact that something happened and buy more in a high quality stock. take a closer look. hear more about the quarter and the companies prospects. welcome back to "mad money." good to see you. >> jim, how are you? >> have a seat. let's go right there. very jarring decline in the stock. some people felt that sales were down in the uk, 8%, gross
6:52 pm
margins not what we looked for in the thieunited states and gr sales not what we were looking for. what happened? >> first of all, come back, our overall sales i look at what the total sales are. the total sales are up 20% and organic growth was up 8%, we made $91 million on an adjusted, our eps was up double digits. there's not a lot of consumer packaged goods company doing that in the food and personal care category. but, hey, we have a high multiple, so we, you know, we have high expectations out there. you know, our business in the u.s., was up 3%, you know, from the gap standpoint, but adjusted up 7.5% for the recall on marinara. >> i found this harder to reconcile. if you come back and look, where is our growth? what we have said listen,
6:53 pm
there's a slow-down in natural. you know, we have seen slow down in whole foods. i have to tell you, i'm excited about the growth opportunities there. and and with that, the consumer today is buying more and more natural foods. you know, somebody asked me today on our call, do you think th we are coming back and that consumers will stop buying healthier products? number one, the consumer were not millennials they were 15 or 21 years old today and let me tell you something, they know about health hader products and have never seen so much demand for healthier food products and consumer products sold in so many different retailed outlets across the united states. >> why not raise prices and get the post margins back? >> our gross margin was mixed because of the higher sales on protein. i'm big on this, price is not everything. i want to sell volumes. you hearder me say, where there's a cash register, i want
6:54 pm
to sell food. healthy food has ton affordab b affordable. again, i always want to see a ten to 15% premium between us and conventional product. >> you make me think i have to lower my expectations from what to expect in the company. >> we come out for 2016, our organic sales are up, and eps up 18%. with plept of room for acquisitions and plenty of room for growth out there. if you come back and look, we are at 35% acv, in regards to white space distribution. growth in walmart. we saw walmart numbers today and more and more consumers are going to walmart, target, to buy and more and more healthy products. growinger, safe way, albert son. the growth opportunity is tremendous out there, so, no need to lower your expectations. >> but are we starting to get
6:55 pm
crowded? you made an acquisition, what waves a favorite of mine too, it competes with white wave, is it getting crowded? >> there's a big country in europe. so here's t thing. it's not that it's crowded. where we are taking the consumption away is cow's milk. you know, $800 billion worth of food sold in the united states every year. it's not that it's getting crowded. we are taking more and more away fr from conventional products. more and more consumers eating more healthy snacks. look at the chips, it's not potato, it's a vegetable chip. a nondairy based product. and blue print. hey, we announced today, it's going in to 1900 paneras and they are looking to reof soda.
6:56 pm
and -- >> this is what i need to hear. people are jarred but that organic growth is farber than the old days. >> listen, high single digits and low double digit growth, where are you getting that today in the consumer? and again, step back, healthy eating. not a fad. not a trend. in the big thing, it's this year. if we were only the natural only sold in natural foods you have to worry. we are selling all over the world today. >> terrific. look, we want to hear it. we need to hear it. the stock got killed. >> 70 countries you can go buy our products. you go to citi field and watch the mets you can buy it. you go to madison square garden, you can buy hain products. >> that's what matters. ceo of hain celestial thank you for talking about the stock. >> thank you, jim. >> stick with jim.
6:57 pm
6:58 pm
6:59 pm
♪ all right, remember what you need to see the sothe stock mar need a weaker dollar and china being stronger and interest rates going down and oil going up. all for the grand slam, and you get a higher market. only three, hm-mm, like you say, there's a bull market somewhere, i promise to find it just for you. right here on "mad money." i'm jim cramer and i will see you tomorrow.
7:00 pm
(male narrator) tonight on the west texas investors club... (rooster) we've got you set up to cook for 100 people. huh? [upbeat music] (rooster) it's a test of his sauce, yes, but it's mainly a test of old jack himself. [coughs] (desiree) future college fund is a way to crowdfund your kids' college education. (rooster) how much dollars have you generated? about 1,300. this is tough. (male narrator) deep in the heart of texas, two men carved a fortune from a harsh and unforgiving land: butch gilliam and rooster mcconaughey. (rooster) butch and i have actually done it all. drilling oil wells... a cattle business... i'm 50/50 partners with one of the world's largest steel manufacturers. no one gave them a damn thing except the moxie

171 Views

info Stream Only

Uploaded by TV Archive on