Skip to main content

tv   Mad Money  CNBC  March 30, 2017 6:00pm-7:01pm EDT

6:00 pm
higher. >> brian kelly. >> tony dwyer, tells you to buy energy, you buy energy. >> rich ross, stud, tso against $80 bucks. over to you, melissa lee. >> bye, at 5:00. "mad money" starts 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 just trying to make you some money. my job is not just to entertain but to educate and teach. so call me at 1-800-743-cnbc or tweet me @jimcramer. sometimes sometimes it's as simple as busting the shorts.
6:01 pm
when this market stampedes those who make negative bets it can be spectacularly positive for individual stocks and the averages as a whole, like we saw today. dow gained 69 points. s&p climbed 2.9% and nasdaq advancing 2% to a rec high! we don't spend that much time talking about short sellers on the show. if you want to understand why the nasdaq hit those unwanted levels, it's the shorts that made it happen. they've been a huge accelerant to the nasdaq rally. they're great at getting out fraudulent companies and overvalued stocks and sometimes going against the grain of the entire stock market when they think the consensus is wrong. every now and then they'll attack stocks en masse, aang tackle so to speak. if the stocks fail to go down or
6:02 pm
manage to rally, the shorts can create a stampede when they throw in the towel and begin to unwind their positions by buying back the stocks they sold to close out the trade. that panic buying explains far more of this move than you might expect, particularly in these large capitalization nasdaq companies. it's something i knee about because i've been behind the curtain and lived through the horror of short squeezes where stocks soar on short bets gone sour. let me explain. i don't like to play the break the short sellers game. we made a ton of money at sho shorting stocks in my old hedge fund. i have sympathy for the shorts. as i show in my autobiography, "confeions of a street addict," they can decide to break you.
6:03 pm
this march, this month, this may have been the ultimate break the shorts month. consider for example the soaring stock of tesla! >> house of pleasure. >> for the bulls. >> the house of pain! >> for the bears. tesla. here's company that needs financing so badly in order to reach its goal of manufacturing 500,000 cars a year and they have been relying on the ki kindness of strangers so to speak to bring in that cash, series of equity offerings. without thatoney tesla was only one step ahead of the creditor posse. that made it a perrinial favorite of all short sellers. but not anymore. tesla has now found the mature daddy in ten cent, the gigantic chinese company that can meet any finance needs that might come along. earlier they bought 10% of this company for 5.7 billion which is chump change if you want to
6:04 pm
build out what eli musk is pl planning on. if it has to run out of money i think you now have a losing hand. getting ten cent on board was a real coup and this deal might only be blank check for him to get where he has to go. given the demand for the next car it's difficult to see where this story can get derailed. ,now that they have the ten cent money! i say case closed on the short side. no wonder the sto is on a rocket. there is a great deal on the turbo charge move. how else did the shorts get busted? look at amazon. not that long ago, they reported a much weaker than suspected quarter on february 2nd and gave down beat guidance. amazon's pretty cryptic on its conference calls and management didn't really elaborate much on
6:05 pm
what seemed like a real slowdown. i told you the move from 8in tw days, it was a classic amazon buying opportunity. >> buy buy buy! >> i was dismissed as a cheerleader and written off as someone who didn't see the growth was slowing at last luster lost. hog work, it's spending money to dominate overseas like the u.s. and now it's on fire. red h does a ton of business with amazon web services. the stock's been straight up ever since as the usual weak hands got blown up and strong ones tookhe stock up knowing this is how amazon rolls. it shows profits even big profits when it wants to. we basically want the company to grow revenues and show profits. that's exactly what it's doing. this record breaking move is on the back of the short sellers
6:06 pm
who thought wrongly once again amazon's growth had finally begun to peter out. how about ple? when you have it from the 90s to 1$143 you tend to get serious profit taking at a certain point. there's been none. given it's a 7$750 billion company that's rather sxr extraordinary. a short can be attracted. the stock plateau'd at 1$140 almost the whole month of march. considering the size that was enticing to the bears to bet against the stock of apple especially since samsung is introducing a new phone considering the i do sass trust one that may have cost them $5 billion. it's good reviews literally off the charts. you can't get better publicity. it didn't hurt apple's stock. how could that be? you should own apple and not
6:07 pm
trade it. maybe you should wait to buy it. i am considered so many are calling the next apple iteration a super cycle. that has been t kiss of death. the coal in 2011 and fracking in 2014, both being called right before coal and oil collapsed. i hate this term. super cycle creates ridiculous expectati expectations. if you're going to short apple you have to wait until the real apple bar razors express their disappointment in the eighth iteration baby crying ] and believe me they will. we didn't know from what level and the shorts have been crushed. whoa is me, netflix. not that long ago netflix reported a number the crittings believed it was flagging fun and reported a credit card issue impacting the bottom line. please! no other one mentioned this problem it was considered a
6:08 pm
juggernaut. shorts came outn full force. since then netflix caught fire and up almost 50%. and the company was forthcoming and the issue was a credit card glitch and the company has accelerated dramatically! the shorts have been hung badly and they hit a high time. we had shorts lean over facebook in the snap ipo. the big gun mutual funds would sell one to purchase the other. turns out facebook's instagram already slowed the growth of snap which made shorting facebook seemed foolish. sure, they have their loyal users. the company has a lot going for it. the accelerating sales are probably reluctant to buy snap at 24 time the sales even though i think they will double in the t too distant future. short wrong. what's the overall impact of all this short selling going wrong? it tends to make hedge fund
6:09 pm
managers less emboldened to make these kinds of bets. i know shorting isn't bad per se. often when a money manager shorts a stock and bad mouths it all over the placerequently getting analysts to do their bidding, that kind of activity can do a lot of damage to a stock, even the big ones i'm talking about. many short sellers are quoted as being smarter than the avege bear and draw in copy cats who knock the stock down with aggressive short selling. to put it simply the bears are ruing scared and the panic b buying helped trigger the numbers for this month, the nasdaq higher and higher. they create a wave effect a fierce buying, settling on an already lit fire that's a huge part of what's happening in the huge stocks in nasdaq and caused them to levitate almost daily. some will call it a blowoff in the names. me, i say the shorts got the wrong side of the trade. linda in new jersey, linda.
6:10 pm
>> caller: hi, jim. thanks so much for taking my call! >> my pleasure. >> caller: i'm wondering if you could give me your thoughts on american tower and crown casual international, which of these tower plays would you recommend? >> i think american tower is terrific. i do feel consolidation, phone business that would hurt american tower but that won't happen any time in the immediate future. amt is a good stop and had them on several times. >> to ohio. >> caller: booya, jimmie. as a consumer i recently purchased a samsung appliance at hum depot and i contacted home depoe and was blown away when the manager remedied the situation on his own dime. now that frank blake took over and ceo is now a good time to invest? >> i think craig min eer.
6:11 pm
cra frank is doing a good job but craig is running a good show! >> how about will in washington? >> caller: i know in august, callaway had this zip in the past week or so, about 3 or 4% and the masters is coming, should i buy? >> too quick. everyone tries to pull that trade every year, itends not to work out. remember, dick's has a big go golfing business if you want go that way. free in virginia. >> caller: yes, i'm here. asp is doing a merger with csc is a different format. i want to know what symbol will my shares of hp wind up being? >> hp will have joint venture
6:12 pm
spin-off. we did a big one on this in action alert for club mbers because we like the stocks. i like computer sciences very much and i like hp. leave it at that. this has been the ultimate break the shorts month! what's the lesson learned? do not get caught on the wrong side of the tracks or the train. talk about a downward facing dog, lemons down double digits today. is it a stretch to say this is a buying opportunity or something to sweat over? i have this from the ceo, real interesting. and oil confirmed in one felt swoop. did you miss it? don't miss my take where the commodity could be going and how to prepare for the portfolio. and dave has sweetened the pot the joining me for the last
6:13 pm
time as ceo. stick with cramer! >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com.
6:14 pm
6:15 pm
6:16 pm
holy cow, what just happened to the stock of lululemon. last month they gave a dramatically weaker than suspected guidance. stock just got eviscerated. 23% down in one day. how bad is it really? the analysts were looking low to single digit increase for this current quarter.
6:17 pm
lulu projected the exact opposite and same sale stores decline. it was a shocker. they talked about slowi ining s trends with weakness in e-commerce and slower sales trafc in the stores. still, the bulls ran for the hill concerned the lulumajic was gone, victim of competition, copy cats and sluggish consumer who's abandoned them all. when i see a move like this one i wonder if the market's overrea overreacting? could they recover? does the stock deserve to rebound at these levels. i got to check in with the ceo of lululemon. he helped me make sense of what's happening. take a look. >> after a fabulous run, just a great great couple of, let's say years, you reported a number that was good but you gave us dramatically weaker than expe expected guidance. help us here.
6:18 pm
what's happened? the stock is getting killed? >> we had an incredible q4 and 2016, as you mentioned. i'm super grateful for the team. for the first time we're returning to earnings growth since 2013. we're a little disappointed, we're not satisfied with q1, we had a slow start, smaller quarter and we identified the issues very early from the store sales and online. from a cutoff standpoint the progress we made with our supply chain allowed us to address the cutoff right away and we will see new cutoffs next week and taking steps on the visual merchandising side in los angeles. when we brought that imagery creativity to life we have seen instant results right away. early on in the season you look at the guidance for 2017 we have
6:19 pm
double digit increase with earnings in line with the revenue growth. i feel really good. 7017 2017 is the year i'm most excited for since i've been here in 2014. we have unprecedented product launches from innovation and design standpoint and in may we will launch our first global brand campaign and an amazing creative partner with the largest reach to put eyeballs on the brand, millions of consumers. >> all that sounds terrific but we have to deal with the idea there was such a sudden shift. was it the fickle consumer? was it something you did wrong? i felt the health and wellne nn theme was a great secular trend. you were riding it. there are a lot of players, sweaty balance, old navy, j crew, have they caught onto what you're doing?
6:20 pm
>> i don't think we have. there are a lot of great trends out there and we continue to lead the market. the healthy mindful lifestyle we continue to lead that. i see the strength of our business in china is on fire. i point to the fact when you look at our product, anchor categories for men and women, women's bottoms and bras, are plus 20 and bra's plus 10. men's business coming plus 20. the anchors category that define the active mindful lifestyle and market we continue to lead are very strong. we have some work to do. we own it. the fact that we own it means we get to fix it. i'm very confident we've taken the right steps to do that. >> if that's the case, it would seem a stock down this much is a dramatic overreaction. you have a buyback. will you be in buying back stock
6:21 pm
given the fact you still expect this year to be great and the quarter has already picked up we're in now? >> on the actions we've taken the product has already picked up and right now we're buying back as much stock as we can with the plan we have in place. >> do we have to think that perhaps the traffic in the mall is something you can't do anything about. mall numbers in february down, some people say like nordstrom, worst since 1972. what can you do to bu the fact that you are in the mall besides the catalog. >> we're halfway in the mall and halfway in the streets. you have to remember we have a light physical footprint and high physical footprint. i'm incredibly proud about the now innovation of our real estate team and op raytors. when you think about the evolution of our physical footprint. we will grow the square footage this year and to those killer
6:22 pm
located stores are highly profitable that have very healthy traffic and we're making them bigger. where everybody is closing and going smaller we're doubling down in stores we're having tremendous performance. mall of america is a tremendous example. we increased the square footage by 35% and seen the men's comp grow 7%, very light footprint, very highly qualititive footprint and we're optimizing that in a powerful way. retail is not dead by any means. i think lululemon is good at production and product and doing as well in a very difficult environment speaks how well we have been in that segment. >> you have been very forthcoming saying you own the disappointment. i have come back and said, the man i know does not get the market that wrong, knows the colors, knows when to be bold. if it can be this fashion
6:23 pm
oriented, how can we pay a premium for this stock? it seems like now there is far more risk than i realize. >> i would point back we always lead in a unique and beautiful way the intersection of function and fashion. look at the launch we had yesterday, brand new fabric that comes right after the pants last year. in two days, the tie-dye crop already the number one selling product. i would go back to the runway innovation whave running this year. we know for a fact when we deliver innovation intersects beautifully with fashion, our guests responds very powerfully. disappointed with q1 and we've taken the steps and online to put things back on track. i'm excited about 2017 in a way i haven't been excited so far given everything we have ahead of us for 2017 and beyond. >> i want to go on record my last question, it must be clear
6:24 pm
the last few months of march had to be good and your expectation will continue or else you would not be as confident if that weren't the case on? we've seen instant pickup in our performance. i feel very confident about the steps we have taken and how quickly they had an impact on our performance. >> let's leave it there. i think you are very forthcoming on what occurred. as you said, you own it. let's see what the viewers say. the ceo of lululemon, down badly today. "money" is back after the break.
6:25 pm
with e*trade's powerful trading tools, right at your fingertips, you have access to in-depth analysis, level 2 data, and a team of experienced traders ready to help you if you need it. ♪ ♪ it's like having the power of a trading floor, wherever you are. it's your trade. ♪ ♪ e*trade. ♪ ♪ start trading today at etrade.com c'mohappy birthday! i survived a heart attack. i'm doing all i can to keep from having another one. and i'm taking brilinta. for people who've been hospitalized for a heart attack. i take brilinta with a baby aspirin. no more than one hundred milligrams as it affects how well it works. brilinta helps keep my platelets from sticking together and forming a clot. brilinta reduced the chance of another heart attack. or dying from one.
6:26 pm
it worked better than plavix. don't stop taking brilinta without talking to your doctor since stopping it too soon increases your risk of clots in your stent, heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily, or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers, a history of bleeding in the brain, or severe liver problems. tell your doctor about bleeding, new or unexpected shortness of breath, any planned surgery, and all medicines you take. talk to your doctor about brilinta. i'm doing all i can. that includes brilinta. if you can't afford your medication, astra zeneca may be able to help. in one felt swoop, conocophillips confirmed the kings the oil patch. the price of crude will not rally higher any time soon even
6:27 pm
as it rallied today. with a decision to sell a huge portion of its oil canadian holdings to a small canadian producer for 10$10.6 billion in cash and 2.6 billion in stock. it's saying the bet on higher oil prices is over. the market locked up the decision why the stock vault $4, nearly 9% today. conoco's management didn't say it point-blank on the call. oil isn't all that profitable at $50 a barrel. much better to take money, pay down debt and buyback stock instead of the nsaiers dirty oil around, the tar sands. much rather offload the barrels they produce a day and 1.3 billion barrels of proven reserves and double their money with stock buy back. taking the total down to $20
6:28 pm
billion debt well ahead of the target the management just set in november. why not? with oil at these levels the goal conoco will obtain by p paying down debt will far exceed extracting oil. the tar sands just aren't worth it below 50 bucks. our go-to oil guy, rusty brazil estimates these days you need 90 to 1$100 a barrel oil in order o justify a greenfield oil sands investment, double recruits currently trading. for conoco, it makes more sense to invest the money in more lucrative of their own stocks since they reduced the supply. you have to assume the economics of world dutch shell's decision to offload much of its tar sands toil canadian natural resources
6:29 pm
for 7$7.5 billion are pretty similar. better for royal dutch to pay down some of its humongous debt load with cash than to bet oil prices some day will come ro roaring back and make the tar sands profitable. you need a gigantic rally for that to happen as this stuff costs a fortune to bring to market because it's full of bitumen and needs a lot to be refined and in the market. i'm sure they would have taken this refinery oils to the southeast, but a pipeline that would have been blocked if hillary clinton won the election. it really isn't relevant. these days, at $50 a barrel, you can understand why conoco made the severe judgment to the way to boost profits is to pear off
6:30 pm
your technologies rather than plugging on with this dirty oil that only pays off at higher prices. what does it say about the group? the more oil you have in low cost areas like the permit the higher your stock price will go and vice-versa if producers choose not to dump their unprofitable properties. this is a stunning admission for the oil industry. it no longer pays to develop the dirtiest varieties of oil. of course, citivist will try to do so. i'd rather own conoco than debt laden very out of style project. jason, in pennsylvania, jason! >> caller: greetings, jim, from the keystone state. love the show. >> thank you. >> caller: i'm interested in hearing your thoughts on energy transfer partners approaching a merger with i believe sunoco.
6:31 pm
paying a pretty high yield. is it a buy, sell or hold? >> i do not like that management. they're way way too, i have to say -- let's just say i will use the term, reckless. i think they're actually reckless. i think that they've de too many deals and those deals are deals too far. to peter in pennsylvania. peter. >> yes, jim, i'm calling in reference to ge stock. recently you had jeff bowden on your show. he gave a glowing report that showed his report does not reflect on ge's stock growth. for example in 2008, before the market crashed, ge's shares were in the 30s and dividends 30 something. here we are nine years later and under jeff i melt's watch, the
6:32 pm
the stock and dividends appear to be safe tooled. i've been a shareholder dinsinc- >> you tell the story. it's not been a good stock. my trust owns it. we're disappointed. most people are disappointed. we keep it for the yield and the idea that the assets are worth more than the hold. what can i say? this stock has not been a good one. conoco confirmed the reality people. what is for real? the glut is long-term. crude prices won't rally any time soon. these guys tell you 80, $90 any minute, they're wrong. the end of an era. this week marks the end of dave's time as head of honeywell. do your stocks have what it takes to survive the unknowns of this market? i'll be the judge of that and tonight's edition of the lig
6:33 pm
lightninligh lightni"lightening round." stick with cramer! necessa >> announcer: tomorrow, kick off the trading gameith "squawk on the street".
6:34 pm
6:35 pm
6:36 pm
the end of an era is upon us. this week marks the end of dave cody's tenure as ceo of honeywell makes everything from aerospace components, climate control, security equipment and refining channels. he took over more than three years ago and the stock outperforms the broader avera averages. he left the company in very good shape for its successor the current operating officer. we will look back all the ways
6:37 pm
cody's leadership has transfo transformed this company for better. let's check in with dave cody, the famous chairman and outgoing ceo of honeywell and where he's going and how his company is doing. welcome back to "mad money." how are you? >> always nice to see you. thanks for inviting me. >> i have to give you the floor, you've done such a great job, for all the viewers, if you can give me three reasons why you think the company dramatically outperformed under you and your leadership style maybe people at home can understand how they can be dave cody, too. >> i hope it doesn't come across like too much bragging because we're actually pretty proud of everything we did. as you recall we started with something most people thought was a lot of trouble. i can promise you as bad as it looked externally it was much worse internally, all true. why did it do so much better? i really think we kept the focus
6:38 pm
on the short term and long-term saying how did we manage to do both? we also did a pretty good job recognizing where we were and not wishing for something else. instead, scrubbed it down to say where were our issues, where were we and what were our legacy problems and started to address it. thi thirdly, we developed our business model and stuck with it. it was focused on three parts, one was having a portfolio we could grow with. the second was a constant focus on process improvement and the third was actually building a culture that put the customer first, thought about short and long-term, recognized things weren't always easy to do and constantly evolved. i think that culture is important. >> let's go through the not easy to do issue. you got through the great
6:39 pm
recession better than any industrial i followed. you took dramatic action. i'm sure people said you should do nothing or hunker down. that's what i heard from people. that was not your approach. >> thank you for saying that. we really tried to be a lot more creative about it than that. we took a vision from the beginning that said, this really su sucks, it just does. that's why they call it a recession and they don't call it a part. i we're all going to work harder than we ever did before and it will seem unrewarding. that being said looking at the long-term again, these things do end and we need to keep that in mind at the same time we focus how do we manage our way through this. we have three constituencies, customers, employees and investors. customers have to come first. if we don't do a good job there there will be nothing for employees and investors. then we looked how do we manage both employees and investors in
6:40 pm
a way that benefitted both the short term as best we could but managed the long-term. when it came to the short term, that's where we came up with policy on furloughi ining inini instead of massive layoffs. it's still painful but they all have jobs and you maintain your industrial base. and i started working with suppliers and i got together with my staff saying we're confronting difficult decisions and people didn't want to do it. i broke them up in three groups, here's the situation we're can fro fronting, we need to make this decision, i know none of you want to know this. you need to know i will take a zero bonus going into this and we need to look at this alternative. i broke them into three groups. all three groups came back s saying not only do we agree and
6:41 pm
will proceed with the action you suggested, each of us are v voltaiuntarily taking a zero bo so we're all in this together. that really does a lot to build a culture and build a company, i think. >> i have to ask you about current data and things you're passionate about. i know you're passionate about patriots and passionate about the debt. this is the other issue you came out about. you have a president that wants to cut taxes, which will be great for honeywell. you also are passionate about the idea our grandchildren will be in hock because of what's going on now. are you going to get involved in fixing that problem after you leav >> i guess it depends how you define getting involved. certainly, i've been weighing in and priding my opinion wherever anybody wants it or wherever i can. you said it absolutely correctly. some people want to pointed to the reagan years and say, it was great growth that came from the deficit spending that occurred there. that was true but we had 25%
6:42 pm
debt to gpced. now, we're between 75 to 80 and it will go up with the demographics we have. i'm a little reluctant to say we ought to cut taxes, we certainly ought to come up with a better system. you heard me talk about repatriation and how high our rates are and what to do to bring our rates down. that ought to be in a way that is revenue neutral. we need to do that and address entitleme entitlements. those problems are still coming and that's not going to go away. >> my next door neighbor, when you sold your house, i've always known you as a passionate good guy. you did take a swipe at united technolo technologies, right near the end you tried to buy them. do you regret that? that did not go well. that was not a dave cote move. >> here's how i look at it and the discussion i had with the board at the time. this is a chance to buy a bunch
6:43 pm
of -- a bit unkind, mismanaged assets that we can do something wi with, and the only down side if this thing ever goes awry is a little bit of embarrassment. if i have to trade off for embarrassment for potential to make a lot of money for our share owners and utx share owners, i'm willing to take that gamble. it didn't work out, we were a little bit embarrassed. some you try, they work, that one didn't. >> judging by your performance the best of any industrial i follow, obviously it went very well. dave cote, congratulations for all of the good years you had and thank you for all the money you made viewers over the years. great to see you, sir. >> thanks. >> what can i say? one of the best.
6:44 pm
is happening before our eyes. shift in human history sixty to seventy million people are moving to cities every year. at pgim we help investors see the implications of long term megatrends like the prime time of urban expansion,
6:45 pm
pinpointing opportunities to capture alpha in real estate, infrastructure and emerging markets. partner with pgim the global investment management businesses of prudential. remember here at ally, nothing stops us from doing right by our customers. who's with me? we're like a basketball team here at ally. if a basketball team had over 7... i'm in. 7,000 players. our plays are a little unorthodox. but to beat the big boys, you need smarter ways to save people money. we know what you want from a financial company and we'll stop at... nothing to make sure you get it. one, two... and we mean nothing. ♪ ♪
6:46 pm
[vo] quickbooks introduces he teaches lessons to stanley... and that's kind of it right now. but rodney knew just what to do...he got quickbooks. it organizes all his accounts, so he knows where he stands in an instant. ahhh...that's a profit.
6:47 pm
which gave him the idea to spend a little cash on some brilliant marketing! ha, clever. wow, look at all these new students! way to grow, rodney! know where you stand instantly. visit quickbooks.com. >> announcer: lightning round is >> announcer: lightning round is sponsored by td ameritrade. it is time! it is time for the lightning round. >> the "lightening round" is over. robert in texas. robert. >> how are you doing today, jim? >> i'm having a real fine day. got good interviews today. how are you? >> caller: outstanding. what can you tell me about prosperity bank? >> if you're going to buy a bank
6:48 pm
in texas, buy frost. i had them on recently. >> to david in kansas, david. >> caller: hey, ba-ba boo-yah, cramer. why is an xpi not hitting the 1$110 mark? >> that's a great question. this is a mark club members we own for the travel trust. i think there may be antitrust issues in china here. not sure how long we can take this. driving me crazy. stocks should be higher but right now the club is holding on. to mike! >> caller: booya, thanks for helping us small investors. >> shaets exactly what we do. thank you. >> caller: what's your opinion on oii. >> over public, i've liked it since the '80s, i think you have
6:49 pm
a winner in old republic. to john! >> caller: long time caller and long-time listener. >> i like that! >> caller: i was wondering about amgen after it announced this morning news. >> i think people are too negative about amgen's business. 2.8% yield. a lot of cash overseas and things in the portfolio. people who are selling it i think will regret it. i am a buyer! jack in new york. >> caller: how's it going? >> going well. how about you partner? >> caller: everything is great. i wanted to ask you about pharmaceuticals. >> i thought the news looked good for corbus. adam wrote a piece and said nothing new and nothing special here. that crushed the stock. i couldn't believe it! to wade in texas. wade! >> caller: jim, big booya from smu. what do you think about taser
6:50 pm
international? >> taser i startin to regain and should never have lost. it has a perfect product and great ecosystem. i want to own taser. i think the sellers will be proven wrong. daniel in new jersey. >> caller: how's it going, jim? >> really good, how are you? >> caller: i'm all right. curious what you think about amd? >> we like it 100% the new line of chips and the gaming chips. it's a junior invidia. invidia is starting to get d diggier. and that is the conclusion of the "lightening round"! [ buzzer ].
6:51 pm
♪ guyhey nicole, happening here? this is my new alert system for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on that opportunity with just one tap right from the alert. wow, i guess we don't need the kid anymore. custom alerts on thinkorswim. only at td ameritrade. ( ♪ ) upstate new york is a good place to pursue your dreams. at vicarious visions, i get to be creative, work with awesome people, and we get to make great games. ( ♪ )
6:52 pm
what i like about the area, feels like everybody knows each other. and i can go to my local coffee shop and they know who i am. it's really cool. new york state is filled with bright minds like lisa's. to find the companies and talent of tomorrow, search for our page, jobsinnewyorkstate on linkedin.
6:53 pm
one of the tenants of this
6:54 pm
show is and has always beendy ver versecation. as much as we are about finding great companies with game cha e changing stories, i need you to have a broad enough portfolio no sector can sink you. you give me a call, tweet me, tell me your top five holies and i will tell you if it's diversified or if need to do work. we have a tweet from clark swisher who wrote, booya, jim. my top five stocks are amazon, ford, alergen, kroger, and thanks for all your advice of action alerts plus, a club member of action alerts plus. kroger, supermarket down on its luck, good company, bad business. amazon, the greatest retailer of our time. automotive, ford not a good quarter, it has a good yield.
6:55 pm
allergan and chesapeake energy, tech, retail, out fauto and dru perfect! not my favorite stocks but we're playing diversified. how about dave? >> caller: hi, there, booya. >> go ahead, hit me with a fund. >> caller: how are you today? >> what you got. >> i have nvva, apple, cop, i have chk and i have gild. >> okay. let's go to work. we have to do some work here, my friend. not an easy one. invidia looks like it's trying to break out, trying to be in that very high performance semi-in duct tore company. gilead a value play on biotech, let's do that. conocophillips, great news today they got rid of their canadian oil sands property and chesapeake.
6:56 pm
we will get rid of chesapeake because that is an overlap of conocophillips. is apple and overlap of invidia? yes. we will make it so it's tech and tech, we will handle that. get rid of this and we will buy honeywell! yes. why not? diversified industrial, people criticize me for this. i don't really know what to do. do i tell you to trade apple, the wrong signal. we will give it a track. glen in florida, glen! >> caller: yeah, this is glen from florida. >> hit me, glen, what have you got? >> caller: i have five stocks. general electric, pfizer, vf court and vodafone. >> all right. wow, interesting selection here. it's a yield portfolio. i just love portfolios that have above average yield. pfizer, drug company, higher
6:57 pm
yield, ge, industrial higher yield, duke energy, one of our absolute favorite yields. i like con ed, but we'll go with duke. vf, higher-year old and vodafone. a utility, industrial and drug company. what can i say, other than -- >> hallelujah! will your business be ready when growth presents itself? american express open cards can help you take on a new job, or fill a big order or expand your office and take on whatever comes next. find out how american express cards and services
6:58 pm
can help prepare you for growth at open.com. find out how american express cards and services a winter weather emergency... governor has declared announcer: soon, insurance companies won't pay for damages, that is, not if they can help prevent damages from happening in the first place. at cognizant, we're turning the industry known for processing claims, into one focused on prevention with predictive analytics... helping them proactively protect the things that matter most. get ready.
6:59 pm
because we're helping leading companies lead with digital. it's very tough. i don't think it's finished but you ought to wait for it to settle. i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money." i'm jim cramer, and i will see
7:00 pm
you tomorrow! too fliy. that's so inappropriate to talk about us hooking up. xfinity watchathon week starts april 3. the greatest collection of shows free with xfinity on demand. where entrepreneurs seeking an investment will face these my product is the carsik bib. i am seeking a $30,000 investment in exchange for 15% of my company. now just imagine for a minute, that you're driving down the street with your beautiful little child here

199 Views

info Stream Only

Uploaded by TV Archive on