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tv   Fast Money  CNBC  November 12, 2015 5:00pm-6:01pm EST

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>> don't recognize myself there. >> thank you, both. "fast money" begins in moments with melissa lee and the gang. >> thanks, kelly. "fast money" does start right now. live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. tonight on "fast," one group of stocks could be signaling a big slowdown. it's not retail. chances are you know them well. we'll explain. comments from john malone that could make you a lot of money. >> solar stocks have been taking a beating. sun power upping its guidance for next year. we'll hear from the ceo in this exclusive. >> stocks closing at the dead lows of the session. s&p 500 negative for 2015. materials and energy leading us lower. are we starting to see signs of
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another leg lower? what do you say? >> my win of the s&p is it's flat on the year. i don't think we'll see a massive rally. the funds are going to chase the names they had in their portfolio that worked. this is not going to be a broad-based rally. flat in the year for the s&p. i don't see much movement for the up side in the russell either. >> sectors that did the worse today are global growth indicators, materials, energies, industrials. >> it felt like it did in early august. you can say the s&p between 2000 and 2100 is a rangebound trade. here is the problem i see if you are going to chase these names, i'm not certain they can drag the market higher.
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the rotation from strong sectors to weak, like energy, is starting to come apart. the fundamental picture, the stuff external to the u.s. doesn't feel great. >> the dollar is strengthening. that's in part to what's going on in the rest of the world. that would be easing on the part -- >> and corporate earnings here, too. this rally from the lows is a rally in a bear market. the fundamental backup of a strong dollar. a strong dollar in this climate is not good for anybody that's invested in assets. it's going to be fewer dollars around. asset prices are going lower. multinationals are getting hurt. almost every company that missed cited the stronger dollar. that's the background you have and that's not good for stocks.
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>> it's hard to trade around the markets. i'm not inclined to do that. i think there is a possibility of seeing deals. we -- there are deals percolating. i think we'll see more. you have companies with tremendous strong balance sheets. i think when you start to see deals that puts a floor on things. we'll see energy deals whether by force or opportunistically. >> copper hit a 6 1/2 year low, glencore. >> even if china turns around they are not going to be the commodity consumer they used to be. commodities are challenged. only commodity interesting was gold. bounced off 1080. we did have a weaker dollar intraday. i'm still long it.
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>> when i walked in this morning i was focused on oil down, glencore down 12%. sun edison was down 18%. they are hedge fund names. there are a lot of big investors involved with these names. it reminds me of crisis of confidence investors felt. think about this. if valeant goes down to $50, which it well looks like it's going to do so, you have a situation here, what are the unintended consequences of that? what else do they have to do? if 2008 and 2009 taught us anything is that as low as you think they can go, they can go lower. >> quickly. >> i think a lot of the funds are chasing each other out the
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exits. with a lot of names underperforming. >> let's get to a big mover. another retail mess. this time it's nordstrom tanking on earnings. >> a negative surprise from a retailer that typically outperforms. total revenue disappointing. the high end department store slashing earnings forecast by a large percent. on the conference call, management explaining the slowdown started in august. it hasn't seen a meaningful change to customer growth metrics. maybe more disappointing, nordstrom says it doesn't anticipate a measurable change in current trends heading into the holiday but adding increased markdowns and reduction in sales are in the plans for the remainder of the year.
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good for shoppers, bad for margins. softer sales. it did call out cosmetics as the top-performing catry and top-performing regions. u.s., west northwest and southern california. it called out whether nordstrom called out weather yet but the call is going. analysts are beginning to ask a lot of questions. >> the inventory line was surprising. that was a huge build in inventory. >> yeah. up 8%. >> it's not just macy's. kohls seems to be the outlier. >> i wouldn't have thought a flight to kohls would be the way to go. it is interesting. nordstrom are such good operators and do such a great job. the idea that the rack, which has been so important for them and such a good source of growth
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was more disappointing than the rest of their business. that has been part of what's given them that premium multiple is where a big part of their story. one quarter doesn't mean the story is over, but it is disconcerting. >> does that make you more concerned about macy's strategy? >> the multiple of macy's is much smaller. it would be smaller. >> the nordstrom rack makes me worry about t.j. maxx. one, t.j. maxx will get a lot of their inventory at cheap prices. nordstrom, macy's are going to do this all themselves, it will squeeze everyone's margin. if nordstrom's rack isn't selling, maybe it's a demand issue.
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t.j. maxx has been a good performer. if we are talking about hedge funds having to get out of stuff, this might be a winner. market flash here. >> syngenta rejected an initial bid from chemchina. it is based in beijing. talks continue with talks with other bidders. this comes after syngenta rejected a bid from monsanto a couple of times and comes after last week. dow jones reporting dupont is in potential talks with the agricultural player. we are looking at syngenta shares higher by % after hours. >> i think you were in the stock seven years ago? >> exactly. a long time ago when agriculture and commodities were hot. not so hot right now with the exception of something like orange juice.
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you're looking at yields in this space. i think you start to see these type of deals. i don't know if you can buy them monsanto off it. i think it's a one off for this company. john malone has a bone to pick with bob iger. it has to do with the two most hated words in media, cord cutting. comments you've got to hear after the break. >> cisco shares falling on soft guidance. conference call under way. we'll hear from the ceo on what drove the quarter. while everyone is worried about the sell-off in retail stocks, there is another space could signal the economy is in more trouble than you think. when you do business everywhere, the challenges of keeping everyone working together can quickly become the only thing you think about.
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it's gotten squarer. over the years. brighter. bigger. it's gotten thinner. even curvier. but what's next? for all binge watchers. movie geeks. sports freaks. x1 from xfinity will change the way you experience tv. want to draw your attention to planet fitness shares topping expectations on profitability and revenue. sales rising 8% in the quarter. it raised its earnings guidance, despite growing interest in specialized fitness classes.
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shares up better than % after hours. trading higher than its august ipo of 16 a share. a very different story for party city. third quarter results missing due to soft traffic. the company lowering its outlook for the year. ceo james harrison described the results as weaker than expected, but pointed to strong halloween performance. that company went public this past april at $17 a share. now trading at around $12.50, down nearly 16% after hours. >> thank you, seema. >> it's a tough day when party city is -- this is a post party. the party is over there. >> it's been a difficult stretch for the ipos. take a look at grow pro trading below its ipo price. >> gopro, forget it. it's a sell here.
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i don't like the stock. i think they've got a product issue. i'd say planet fitness? it's an interesting story here. 6% free cash flow yield. i know it's below its ipo price. there was fanfare going into this deal. people were disappointed with the first quarter. i think there's been pressure on the story. it's fine. at these levels you can look at planet fitness and say it's worth a buy. >> people are partying less and working out more. that it's trend. that makes sense when you see nike and under armour in retail are doing quite well. you see planet fitness, where are you going to wear your new gym shorts to? >> dan wears his athleisure to chipotle. >> we were talking about two ipos. talking about a market that is going sideways here. it's crowding into growth. these are not stories that are well held. they go into hands, sometimes
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weak hands, mutual fund hands, too. i don't think you pick bottoms in these broke own stories. it wasn't too long ago media took a serious beating. billions in market cap wiped out in a matter of days after bob iger spooked the market after fears of the rise of cord cutting. we sat down with john malone and asked about the iger comments. >> i was kurting bob for generalizing because we weren't seeing this attrition. i'm sitting at charter. we are growing video subs. i'm sitting at discovery. we're not seeing any meaningful sub count attrition. we are seeing a strong advertising quarter right now. the numbers i'm looking at are going this way. >> i almost feel like it's
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peeking on iger saying you're sitting on the wrong property. >> and we know that's not the case. >> you don't believe him? >> i'm sure it's acting fine, but there is a massive secular shift going on. one of the biggest things in the last year or so is new hardware and new inner faces for consumers to operate to cut the cord and do it differently. to me there is no mystery people would love to get out from under the yoke of the cable companies. this is going to be a bumpy trend the next couple of years. >> that's why i think disney is a sell here. you had a lot of the positive news come into the stock. back up to $118. decent resistance there. until this washes out, it's going to be tough to initiate a position in disney. >> i agree. great, great company, just valuation isn't great especially
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when you have this cloud. it's not going to dissipate right away. >> what about netflix? >> netflix is the place to be. there is no other place to be but netflix. they are going to continue to gain momentum. if you have a cbs or show listed on that broadcast network, they have an obligation to their talent. they have to make sure they are broadcasting that everywhere. p netflix will benefit from apple. >> why won't netflix get hurt by competition? >> it's about content. people are not jumping on any other -- they are cutting the cord, no question about it. they are going to netflix. >> you can download any one of these things. >> you have five apps and will click on them? >> you want content, go with time warner.
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>> quality, go with netflix. >> take a look at shares of cisco falling hard on soft guidance. we'll hear from chuck robb-ins right after the break. is where the consumer? they're not shopping and they're not dining out. and several of the big food stocks are feeling the heat. could the restaurant stocks be the true tell on the economy? >> plus, a light at the end of the solar tunnel? it's the one solar stock that's donnelled the carnage in the space. what's behind sun power's success?
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and improve the quality of lives. ♪ i'm seema mody with news on alibaba and by due. they will add alibaba and baidu to its msci emerging markets index. keep in mind, china makes up about 22% already of the emerging market fund. switching focus to the s&p 500,
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we also have news there. alumina is set to replace sigma aldridge association. that deal is expected to close around that time. we are looking at shares of ilumina higher, better than 4% after hours. >> theoretically, the addition of baba and baidu would cause fund managers to buy these shares. >> that's a great point about raising the weight of china. a lot of the holdings in eeem are locals. they are listed. when you think about alibaba and baidu that are only listed here, it almost gives you more u.s. exposure. at least the way they allocate assets in a way. the difference between the locals and adr, so to me it makes eem less interesting to me. i like a lot of the locals you can't trade here in an etf like that. >> cisco is moving lower after
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hours on soft guidance. john fortt with the details on the quarter. >> ceo chuck robinson addressing that soft guidance off the top of the call. take a listen to what he said. >> i recognize our q-2 guidance we just provided is below what the market expected. in q-1 we saw lower than expected order growth driven largely by uncertainty from macro and currency impacts primarily outside the u.s. despite these head winds, i believe we are executing incredibly well in a challenging environment. we had a great quarter. guided to solid growth in q-2 and feel good about momentum and how we are positioned the second half of the year. >> services growth was also weak. that was blamed on service provider. there had been weakness earlier in the year. cisco saying that deferred revenue was up. that helps going forward.
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they dug in a little bit on what exactly was causing that weakness outside the u.s. they said it was asia pacific, canada and latin america. it wasn't china and india. those two, particularly china, is an area where cisco struggled in the past. they had growth there, but outside of china and india, asia pacific even was down 8%. cisco blaming the fact china's economy was slowing down. trading partners were affected by china. that causing a lot of struggles for them. they are saying the business is largely performing as expected. perhaps that has the stock down some 5% after hours. in a way, management doesn't seem as concerned as the street does about this weaker guidance. >> john fortt, thanks so much. this is a relatively new ceo, but he already had a quarter. maybe this is not as expected. >> the question is, is this the
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kitchen sink? he's already had the quarter. i think this is a bigger issue here. they mentioned canada. when we talk about emerging markets, that economy is already in session. cisco at $26.33, i would look at that. not going out of business, just missed on earnings. >> they didn't have to do much to actually be up today significantly. just meet expectations. this is a miss. this is a stock i would stay away from. they are going in a transition the way they are restructuring the company moving toward a software type company. it's going to take them a long, long time to figure this out. i stay away from cisco even at these levels. >> let's bring in brian white global head of technology at drexel hamilton. great to have you with us. i've got a buy rating on the stock. $35 price target here. what did you make of the quarter? a lot of people were concerned
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about data center growth because that's one of their faster growing businesses. what did you find there? >>. >> it was a great first quarter print. margins well above expectations. obviously, a soft outlook for the regions chuck highlighted. i heard other companies say the same thing. it's not just cisco. data center was up 24%. collaboration up 17%. routing got hit hard down 8%. when i look at the stock here, i look at a stock under nine times ex cash. yield 2.6% dividend yield. they are executing hugely on margins. margins blew out expectations and the outlook is above where we are modeling so i'm a buyer here. they are going through a transition. they are actually executing very, very well. the macro tripped them up on the outlook. >> this week they announced a big partnership with ericsson
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which marked a change from the long history of acquisitions as a way of working with companies. have you gotten clarity on what that could mean for cisco and whether this does market change with how they deal with other companies? >> it's a great question. chuck is running the company different than john chambers. the ericsson partnership makes a lot of sense. the two companies could combine and have no overlap. they can go to market with routers, switches, security and all the wireless equipment that ericsson has. we said for a long time ericsson could be out in the market trying to buy other routing switching companies, obviously not cisco. this partnership makes a lot of sense for the two companies. >> we'll leave it there. thank you for phoning in. he makes a good point. a point you made that it's cheap. it's got a good dividend yield and supportive in terms of capital shares. >> you make a great point about
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the deal. why buy the cow when you get the milk for free? they have the sell and cross sell. down in $26, i disagree. i don't think expectations were particularly high. did you didn't think head winds were going to beat emerging markets, i'm not sure. the stock gets bought $26 here. you do smaller deals. they've been shedding noncore businesses and this company is almost ready to go on a satya nadella run after he took over. >> really? >> i think robins is getting the ship in order here. >> i think all they had to do was put up a print and the stock would have been up 5%. this shift will take time to go through. margins should be improving. they've got to get top line growth. >> tune into "squawk on the street" tomorrow. chuck robbins will be here live.
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the dow dropping 250 points, the worse day for the dow and s&p since september 28th. oil continues to slide, down more than 3%. here is what's coming up in the second half of "fast money," the oil route as traders are betting on one big oil company that is about to sink. >> plus solar company sun power managed to buck the trend as the sector continues to get hit. ceo tom warner joins us. first consumers should have a little extra cash in their pocket because prices at the pump are down 25% from last november. casual dining stocks are hitting new lows. seema mody has this story. >> today's aaa national average price for gasoline $2.20, down
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from $2.92 a year ago. typically, low gas prices give consumer-driven stock boost. they tend to spend more on restaurants. that doesn't seem to be the case this time around. take a look as these casual dining stocks getting hit hard. darden restaurants is down 22% in the last three months. denny's is down 18% since august. trading at a year-to-date low. buffalo wild wings, the stock has gotten pummeled this football season falling 22%. fast food joint yum! brands is moving higher after hours on better than expected sales out of china. the stock is still down sharply in the last few months. all this comes amid declining food costs. in an environment that should be positive for restaurants, it's turning out to be anything but. >> brian kelly, how do you interpret this? >> it's clear this is not where consumers are spending their money. the only place we've seen
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consumers spend their money is nike and under armour. >> and apple. >> this should be the absolute perfect environment for these stocks. food costs coming down. cattle prices down 18% year-to-date. wheat prices down 15% year-to-date. all restaurants should be doing very well. margins should be very big. nobody is going. the one i would be concerned about is chipotle. >> mcdonald's has done well. we see home depot. autos sales are enormous. the last thing is savings. we haven't seen credit quality like this in years. boo, savings. >> this is a lot of connect the dots in terms of auto trade with rising rates.
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a quarter point increase may not be a lot. for an auto loan, that is a huge bump. do i think that money converts and goes to the consumer retail space? i don't think it will trickle in that way. i think we are in a real difficult period right now. i don't see more upside mcdonald's. we talked about shake shack. i think it is structurally going to struggle. chipotle, i love chipotle. >> beautiful stock. >> as a stock or customer? >> as a customer and a stock. i really do believe chipotle is a stock that will continue to work over the long period. >> i've got to get in here. shake shack is not structurally. >> there is no growth. >> there is plenty of growth.
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it's structurally challenged for valuation standpoint. >> from one red flag, analysts are sounding the alarm on the transportation sector. it could be bad news for the economy. let's get to morgan brennan in the newsroom. >> transportation equipment. that may be the latest sign companies are bracing for possible slowdown. last quarter railcar orders punched 83% according to the railway supply institute. october truck orders were down 45% from a year ago according to ftr. they expect it to be a drag 2016. this could be the latest indicator that an industrial down turn is materializing. energy, mining and manufacturing are struggling thanks to the commodity collapse, slowdown in china, stronger dollar. just today at an american iron and steel institute event, here is what mario longhi had to say.
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>> it's happening. it's not imminent. it's more than a recession. >> if the industrial sector is in a down turn, could it trickle out to the broader economy? that's where transportation equipment comes into play. according to wells fargo, over the past 45 years, any time industrial production of both machinery and transportation equipment declined, it signals a u.s. recession. autos and aerospace have been bucking that trend right now, but wells warns that the risks of seeing both these areas move into decline is increasing as we head into 2016. >> okay. morgan, thanks so much. that is old school in terms of economic indicators. >> it is, but it works. think about it. we talk about macy's and all these people having inventory problems. it's not just a retail issue. when you look at the overall inventory sales ratio it's at
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pre-recessionary highs. you are talking about railcars going down. maersk lays off people. i don't know why people are afraid of recession. it's restorative. some day we are going to call it a recession. >> this is emblematic of the pain in the oil industry and coal industries. those were huge drivers. >> look at the price of natural gas. coal shipment is down dramatically. oil shipment down dramatically. i agree that we are in a difficult period right now. we'll continue to go through this cycle. i wouldn't touch any of these rail transportation names at these levels. i don't see a turn in sight. a glimmer of hope in the solar sector. sun power shares managing to trend water as rivals get hit. tom warner joins us on set in an
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exclusive interview after the break. >> with the next fed meeting weeks away, what should you do to protect your portfolio from higher rates?
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welcome back. i'm seema mody with breaking news. value act is selling 25 pst of its stake in microsoft which equates to $1 billion. why are they selling? they say it's due in part to the performance of microsoft stock in the fourth quarter. our position in the company exceeded 20% of our overall portfolio. they go on to say microsoft will continue to be one of our top positions. keep in mind value act does have one board. shares of microsoft down 0.9% after hours. >> still a holding. >> a couple of things. they've done a tremendous job here. the stock's gone straight up. it makes perfect sense that it's a valuation issue. it doesn't seem to be a knock on the company. very large valeant position. >> i was wondering about that. >> valeant has gone like this.
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i'm not sure of the relative size of the two. now they've changed. i wouldn't look at it as a knock on microsoft. >> bond yields on the rise as the market begins to price in the possibility of a rate hike in the coming weeks. if that happens, how can you protect your portfolio? great to have you, david. >> thanks. great to be here. >> this is a topic a lot of investors are trying to deal with. first of all duration and geographic exposure. on the duration side, you like the shorter term? >> yeah. we like shorter term bonds right now, particularly with the fed getting ready to hike rates, but i think one thing investors need to keep in mind is there is not a lot of reason to fear bonds right now. as we look at bond yields, particularly in the immediate part of the curve, we think it's priced in a lot of what the fed is likely to do over the next 12
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months. but in the short term, i think investors should think about keeping a shorter duration assets. >> in terms of exposure, i was looking through your asset allocation. i thought that was interesting that about 11% is allocated to australia. what about australia and what sorts of issues are you looking at there? >> we think one way investors can be more defensive in their fixed income portfolios is to invest in hedge global bonds. so while you do have the fed getting ready to raise interest rates in the united states, you have a lot of other economies globally that are in a very different situation. one of them is australia, which is obviously sensitive to the slowdown in china and the slowdown to the demand for commodities. australia is a market where we think interest rates are attractive. we also see attractive valuations in other parts of the world including europe. >> david, we'll leave it there. great to get your perspective.
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rise rate environment it seems maybe or at least financials were telling us the rate rise wouldn't come as soon as thought originally. say we are in a rise because eventually they will rise. >> i think -- i think they'll rise for the wrong reasons. he's not afraid of bond yields. we are seeing global banks getting out. these countries getting out of fixed income products here. russia, china all getting out of nixed income products. even though the market was down 1.5%, tlt closed near the lows. be afraid of bonds in this environment. don't buy anything. >> in terms of the financials, do you think they were signaling to us there is a belief that december is now? >> you talk about duration. bk goes to the 20 year etf. i actually thank that the tlt sets up okay in the near term. if they don't raise rates, and i
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think they are backed into a corner at this point, you are going to see the tlt is going to rip. when you think about it, if you take the sort of environment we have right now where there's global fears, where did the tlt go in late august? went to $129 or something. it's oversold here at $119. i'm not certain the fed goes. could be a buy at $119. sun power shares managing to stay afloat as rival stocks get crushed. ceo tom warner joins us on set after the break. exxonmobil down more than 10% this year. one trader betting the pain is just starting.
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we have a news alert on loan depot which was supposed to price its ipo night. it will not report its offering as planned. loandepot not going to price its
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ipo tonight. a trend we've been seeing the past couple of weeks. >> thank you. >> solar stocks getting slammed today. that is nothing new. sun edison and solar city getting crushed, down more than 45% in the last month. one solar name has risen above the others, sun power. announcing positive guidance for 2016. unveiling a brand-new product line today. joining us in an exclusive interview the ceo tom warner. good to see you. >> thank you again for having me. >> interesting times in your space. seems to be a space driven by sentiment primarily. you saw it today. you had better than expected guidance 2016. we were talking about oil prices pressuring the sector. how much of a fallout are you feeling from the negative investor sentiment from sun edison, a decline we've seen there? whether it be on the equity side or bond side of your stock? >> not too much on the bond side. equity side is obvious. that creates opportunity.
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we are a company with a strong balance sheet. we've seen these cycles before. we are investing. we guided 33% minimum revenue growth for next year so we've seen cycles before. we think we'll be on oat fence, structure the company in the long run, be opportunistic. do we like it? no. a company like ours an really turn this into an advantage. >> are there any advantages to you as somebody with a more stable and stronger balance sheet than say sun edison or maybe solar city in terms of financing? there is a real concern amongst investors these days about the markets being open to financing for solar project since you're so dependent on financing. >> huge difference. of course, there is a risk and risk premium and then there are companies that have lower risk. this is a long-term asset. you want to work with a company that you are likely to work with the long run. you want a technology company.
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you want a company that's diversified so you're not overly exposed to one market or policy environment. that's what we are. there is no question we have a cost-to-capital advantage, particularly with our projects. our projects, we are almost at 10 giga watts of installed projects. it's a proven commodity. >> can you walk us through any expected lumpiness in terms of business? soon you are going to start having to price commercial projects, i would imagine because of the longer buildout time frame with the itc step down. how will that pull forward business and make the rest of the year lumpier? >> utility and residentials. utility is two-three year cycle. residential short cycle. it's impacted utility. we are going to see a land rush in 2016. i think the important thing is to capitalize on that. commercial we can offer a
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proposition to our customers to make them do business 16 and 17 because we can look ahead and make the economics work better. residential, we'll see. we have several quarters to deal with that. what it does though it gives us a strong market '16 so we can invest and be prepared in other parts of the world. we are an international company, as well. so we don't have to be dependent on america. >> when you look at what's happening in the space and there is a need to raise cash, doesn't that put a lot of pressure on assets similar to the ones that you are building? are you seeing that yet? >> there is no question that's a factor in the overall solar sector today. if you look at our balance sheet and yield co, they are way underlevered compared to our peers p when you look at the assets you drop down, 1/3 or so is tax equity. the amount of capital you need is reduced by 1/3.
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the combination of the leverage room we have and tax equity means we have lots morehead room and the track record of 10 gigawatts, proven technology. we are a prefer asset. yes, it's choppy. i think that gives us an opportunity to be more offensive and position ourselves strong for a five-year period. that's what we told investors today. >> we've got to leave it there. great to speak with you. judge, thank you so much for your time. >> tom wernor, ceo of sun power. >> not that well. should have been in sun power. my position will go away by expiration. at the rate it's going, the rate it's going. underlevered in this environment is a great place to be. >> i interviewed gordon johnson who slapped sun edison with a
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sell rating. he said two to three quarters they'll have to do a bond restructuring and raise capital. those are not any way you cut it, not good. >> i think it's pretty positive for sun power here because they are going to be able to buy a lot of these assets at lower prices. you are going to put up 33% revenue growth as tom talked about next year? that's going to be an attractive asset. i would keep an eye on sun power. you'll probably get an opportunity to buy it on the lows here. >> energy stocks fell sharply as crude oil closed down 3%. one trader bet more than $7 million that the pain would continue for one big oil name in particular. dan's got the options action. >> it was exxon on a day the stock was down 80% from its recent highs. put volume was 10 times that of call volume. stock was $80.35. there was a buyer of 70,000 april expiration. paying $1.05 for that. that's $7.35 million in premium. breaks even on april expiration
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at $68.95, down about 14%. if the stock is down at $60, that trader can make up $62.5 million. this is a very big bet here. this is the one year. this is the recent slide it had. why these strikes? the 70 strike put they own and 06 strike put they sold, they are defining a risk range between 68 and 70. that is the ten-year low. >> thanks. >> check out the full show tomorrow at 5:30 eastern time. >> traders will tell you what they are watching for tomorrow. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart,
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plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this.
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final trade time. >> macy's holding $40, i like it. >> birthday boy. >> i'm a seller. nowhere to hide in this consumer place. >> you can hide in foot locker. way overdone to the down side. like it here. >> happy birthday. he doesn't look a day over 65. fantastic. >> amazing.
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>> we are talking a lot about interest rates today. if the fed actually does raise rates, it's going to be one and done. with the banks, sell them and sell them again. >> i'm mediclissa lee. see you tomorrow. tomorrow at 5:00. "mad money" with jim cramer starts right noup. \s. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to manumaleuna mvm. welcome to cramerica. i'm just trying to save you money. my job is not just to entertain, but ed indicate, and on days like today, teach you hoe things are work ing

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