tv Mad Money CNBC April 13, 2017 6:00pm-7:01pm EDT
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or i wouldn't have said it. >> that said ibb held in there really well. i think ibb is okay here. >> i'm melissa lee. thank you so much for watching. see you back her here on monday. have a good weekend. "mad money" with jim cramer starts right 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 mifin it. "mad money" starts now! hey, i'm cramer. welcome to "mad money." welcome to crea mer kai. just trying to make you some money. my job is fot no just to entertain, but to teach or tweet me at jim cramer. sometimes, sometimes we have what i call a bad set up. and the market, it just wants to
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go down. that's what happened today with the dow sinking 139 points. s&p backsliding. nasdaq declining. didn't matter what the companies had to say because the averages didn't comply with any bullishness. they wanted to go lower. you know, when you hear things like that and you're not in the business, not used to buying and selling stocks as progressifesst must seem curious, a pathetic alibi. after all, who is the market? is and how does it want to go down? where's the commandment that y says stocks have to go lower? who decides that today, people who own stocks are by and large going to lose money and why of all things does the market not want to go higher? didn't the ceo of the biggest
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bank say things are fabulous? didn't wells fargo after all of that scandal still show some growth? a sign that perhaps perhaps is putting the rough patch behind? didn't citigroup have its best quarter in years? wasn't pnc better? clean triumphs on every line item. the word perfect comes to mind. yes, these are all true. we started off earnings season with genuine beats so to speak, where loan growth was good. the money made on deposits, the bad loans are down big and commentary, universally president obaositive. the bankses are doing well. no question. in fact, these were remarkable quarters and that's before we get the additional rate hikes that are so good for the industry and before they're alloweded to buy stock more aggressively, before owners expensive religigulations get rd back by the trump administration, so what's the
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deal? how could they end up being bank trees falling in stock market woods with no one there to hear them? how could anyone lose money? let me explain. first, there were indeed people who thought these quarters weren't that good and initially, all the pnc saw their stocks weaken, but as the companies talked on their calls, the stock started climbing. even wells fargo, which admitted it has a lot of work to do. but then the penndot announced it dropped the larger nonnuclear bomb in history in afghanistan and the market hit a header. it was the first time the massive ordnance bomb blast or slang, mother of all bombs, has been used in combat. i think it was because nobody was thinking about the afghanistan conflict.
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now, the u.s. is dropping mother of all bombs in isis headquar r headquarters. do we know something was about to an happen? had to take immediate action? is this a sudden es calation? the is it the beginning of an air campaign? didn't matter what jamie dimon, the ceos of jpmorgan, citi, wells and pnc had to say because the mother of all bombs took out their stocks. and collateral damage. now, the moab drop in itself shouldn't have mattered. in other days, it wouldn't. after all, bev been dropping bombs for 15 years. so what if it's a bigger bomb. but there's a larger problem. we're in a rare no man's land so that makes it a bomb being dropped in a remote corner of
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afghanistan matters since it comes amid major tensions with syria, north korea. so many people are taking their cue tr action, how the stock acts and from its closing price. i guess jpmorgan had a bad quarter. this was a class, how i'm always telling you to wait for some exogenous weakness to buy great stocks at lower levels than you deserve. we told members of the club where we rate the stocks in my charitable trust and we were bumping citi from a one to two. stock is too cheap. management buy back up to 9% of the share cap. didn't matter though. wasting my breath, my fingers.
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didn't matter not for moab. didn't matter because of the broader context. now, one day it will matter. there are so many other things going wrong. we know for example that every day, this market acts like a referendum on trump. right now, investors are confused about trump. a man who ran on the idea that america comes first, that china hurt our country with its currency manipulation, that interest rates may be too low. that nato is no longer relevant. reputeuated every pirinciple ina single 24 hour news cycle. you may like the change. in fact, taken individually, each one of these was music to wall street's ears. trump seems to have tossed his populous streak out the window
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with the only stop being the dollar was too strong. something to help investors. here's the problem. even as he's tilting more towards wall street, something that should have caused buyers to rejoice, instead, it just confuse d the heck of everybody. while at the same time, escal e escalating the war in afghanistan, what else can he do? what else? investor, did that do a little predictability. we know trump is anything but predictable. which was fine when he was running. he's a little tough when trying to get something with the congress. there's a right wing pop list extremist. she's a genuine. might not make it to the next election. give him the pen and open when the two top candidates face off
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ain the inevitable run off. again, i hear you. brexit didn't matter. okay. why should we care about france? i mean, what does that have to do with the price ratio at jpmorgan? take it as a piece of the puzzle, i got to take some stock off the table. it's getting too crazy. especially ahead of the three day weekend. right now, there's a sense that wait, if three out of four of the banks that reported put up great numbers in the fourth, wells fargo, it's horrible as it was, wasn't this. how much will low stocks come down. if it didn't good enough, i'm going to have to do some downgrading. that's their mind set. next thing we know, we got a true recipe for decline. coupled with an uncertain afghanistan, uncertainty. and uncertainty is a reason to
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sell. here's the bottom line. when it doesn't matter how good the earnings are because there's so much other noise drowning them out, you got to give the powdered dry. the stock's come down until the set up improves. how will you know when you get a better set up? simple. when stocks go up, not down on good news, don't laugh. that's called a bottom. we're not there yet. to margot in california. >> oh, hey, jim, thank you so much for taking my call. >> of course. >> so, las airlines prices around 88 or so after merged with virgin last december. and we seem to have everything going for them. you know, two great airlines that have expanding haven't assaulted anyone on a plane. should i sell or hold my position.
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do we have the clip of what happened on the plane? because i haven't seen it. they tell me. it's a great question because i got to tell you, alaska air is my second favorite after southwest air. we've been telling people for action there's club that they should by southwest air. here's the problem. alaska air is a stock that's up a great deal and it's not up this year. it's down 2.7. you offered me i'm more inclined, it's 10.9, i'm inclined to buy, so my take is wholesale no, buy a few points down from here. the it's too good a situation. to richard in new york. richard. >> hello, mr. cramer. this is richard from rochester, new york, the land of consolation brands. >> yes, indeed. >> absolutely. used to sell there when i was at goldman sachs. love that town. what's up. >> i'm a long time jeweler and i say that a day without cramer is like a day without sunshine. >> wow. you should talk to my wife.
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that would play into the dialogue right now. >> i started custodial account for my grandson, lewis, four years ago when he was 10 years old. he picked three age appropriate stocks. dizmy, dollar tree and world wrestling entertainment. he's up 30% on his investments and he's a real cramerite. my question today is my son asked me my thoughts on auto desk. adsk, so i said let's see what mr. cramer thinks. >> first, thank you for the incredible kind words. you're terrific and your son is, too. i really like auto desk. the three he has, i'd build the positions bigger. i think auto desk sensational, but he knows the product and i love that. so when they know the product and the stock goes down, they're not going to get cold feet, they're going to want to buy. and i say boo-yah, lewis! thank you for that great call.
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rochester really rocks. let's go up there one day. richie, talking to regina, she's wearing this cool thing she's got. any way. there you go. shy. little holiday action over there. listen b up, i want you focused on the set up. see, the set up with goods in it today. right now, you can't hear the positive stories on the street because there's a lot of noise drowning them out. it's line tennitis, which i have. on "mad money" tonight, wall street is obsessing over the rumor of a megadeal between should you take the bait? not even menging it because it's wrong. everyone loves a bargain, but does that mean you should be reaching for a retailer called five below? that's not a recreational equipment. that's like $5. i'll tell you if the company continues its move and it's one of the fastest growth stocks of the market and might not be on your radar. i'm going to reveal it tonight. i suggest you stay with cramer.
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>> don't miss a sec of "mad money." follow on twitter. have a question? tweet cramer. send jim an e-mail, or give us a call at 1-800-743-cnbc. miss something? head to mad money.com. think again. this is the new new york. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships
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show me netflix. sign up for netflix on x1 today and keep watching all year long. got it. in a market -- oh. in a market where so much of rehab devastated the it's clear most stores can't compete with web based competition. i think it pays to take a look at retail names that are actually working. take five below, purveyor of toy, candy, electronics. you know, all the beauty products. whoppers and all sorts of other junk. where everything costs less. five bucks or less. it's like a dollar store, only five times more expensive.
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it's been on a roller coaster since it became public in 2012. trading up to 50 buck, starting the process over again. most recently, the stock bottomeded at $35 last november. since then, 5 below has been a major company. it's now up 14% year to date. including a 10% gain. while other retailers have been flailing, 5 below and almost total bricks and mortar operation are on fire. what sets this apart from the past? it could have more upside here. you need to offer consumers a better bargain that what they can find online. it make people want to go shopping. who wouldn't want to do this in the store? it's harder and harder to get
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consumers off the couch. plus, at least one demographic still seems happy to chop. children. like me. we've seen it with children's place. foot locker and i think it's really helping, too, as kids are some of their core customers. basically, five below gives people a really cheap way to ensure their kids are in a good mood. if you've got an angry 4-year-old, can't just buy them off using amazon vm day delivery isn't fast enough. you need to go to the store if you don't want the kid to make your life miserable for the next 24 hours. that the whole theme of why he wants slime. right? it's not going to be, and what is the purpose of this other than to make it so that your 4-year-old stops bothering you? rig
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right? it's a lot better than declines from other retailers. it's well behind the con -- more importantly though is the fact that 5 a below remains a regional to national growth store. while other retailers are closing locations left and right in order to save money, five below continues to expand in order to make money and remember, that wall street loves growth and endorses company and a flight plan. most of the locations are in the northeast, although they're going to expand to the rest of the country. particularly texas. at the beginning of this year, five below has 522 stores. they've steadily added 20 to 30
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locations per quarter. wall street loves that. so even with same store sales better than barely flat, they can still generate tremendous revenue growth. up 19% last quarter. that's an acceleration from 18% in the previous quarter, but represents a slowdown from 25 and 5i 12i% number frs the first half of last year, however, 19% revenue growth is insanely good if you're a retailer in this environment. five below's management is targeting 20% revenue growth in 2020. that's the plan. propelled by new store openings and so far, they're on track. in short, this is actually a pretty simple story. the question is, can five below keep opening lot of relatively successful new stores in order to keep growing? let's look at last year's trajectory. in the first quarter of 2016, five below opened 21 new elections in two major markets. south florida and louisiana. were they any good? guess what. five made the company's all time top ten list for spring store
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grand openings. at the same time on the first quarter comp scores, a thing of beauty. imagine how the company's scale is gifing them the bargaining power to negotiate to get incredible things like slime and often, their landlords, they love them. some viable fresh chain among the often more mix. plus, five below talked about how u customers really liked the merchandise. the candy, style and room categories. people were close openbservers w i love smarties and this is the most ever put together in one place. how about the second quarter? this time, we got an acceleration in new store growth. the company added 33 new locations. wisconsin, oklahoma and rio grande valley in texas. they got off to a great start. already doubled the store count. five below watcheded its own e commerce platform second quarter, hey, they don't believe
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the web will be meaningful in the business. let me tell you why that is very important. who opened the sour patch? we've seen so many change role out online offerings and that's bad cannibalization. because people really don't make impulse puchls us web. do you think that you went into this place in order to get noise putty? did you go in here to get the whoppers? probably just came in to get the peeps. five below doesn't want to use the donner party cook book for growth. they're all about getting people. especially families with kids in the actual stores, where parents can be nagged or bullied or mostly manipulated into buying lot of toys and candy that seem impossibly cheap. that's really the main hook. it doesn't seem possible the stuff sells for that little. there's no way this stuff, this thing, how much u, how much does it really cost to make a snagit? well, seems like -- to me.
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now, the third quarter did not go down well. that's when the company had the negative same store sales number. still, that he said this was expe expected. had anniversaried some same store sales. froms they actually mentioned the election. still, five below opened 26 new stores. inb colluding seven in texas, which dallas has many locations as the home state of pennsylvania where they can still put stuff up. they're from philly. despite they're not so hot numbers, management indicates they were having a lot of success and remained ek treemly bullish. even better, they're moving to california. a major push into southern california first half. as we've seen with retailers and restaurant, when f a company taps a california market, its stock tends to go hard because california represents one fifth of the country and they're not there yet. when they reported again three weeks ago, the stock exploded
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higher. 10%. amazing. but you know, kind of good, but not amazing. however, five below told a great story at a time when so many other retailers. macy's is closing 100 stores. five below plans to open 100 stores in 2017 alone. companies practically salivating. eight days from now, five below will be offpening its first nin stores on the west coast. all around los angeles. they know what their cust mes want. they've got a great digital media platform. lots of youtube videos. i think they'll have no trouble hitting 20% revenue growth for the first quarter. i think you'll want to get into this stock before those california stores open. okay, not cheap. dollar tree, dollar general is 14, dollar tree the 15. i think five below is a lot less expensi expensive. this company has turbo charged revenue. it's regional, national expansion story. it's still very much in its early innings. right now, fewer than 550
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stores. management, more than 20,0,000. i bet that number proves too low because this is the only $5 store. how many $5 stores codo you know? when it comes to brick and mortal retailing, children are the future. they're too impatient to buy things online and can't stop themselves from making important impulse purpochases. five below understands that, which is how the small time philadelphia chain is quickly becoming a national brand. even at its big move last month, i bet five below has more room to run. it's still new to wall street and that's when you have to take a swing. once everyone knows about five below, the story will be over. but we might be years away before that happens. peter in new york, peter. >> hey, jim. long time fan. second time caller. boo-yah. >> boo-yah, my friend. sorry. >> you spoke recently about ralph lauren. last week, they announced more
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cuts and store closings. the stock recovered a bit, but still trading way down. what do you think? >> i don't like it. apparel is just too hard. i think they did all the right things, but that doesn't necessarily produce enough stock. and that's the problem. all the right things may not be enough at this moment for ralph lauren. can you keep a secret? five below. this retailer understands the new generation of shopper. that's why despite the stock's recent run, it's got still more upside. much more "mad money" ahead. could a merger between disney and apple create a whole new world. a magic carpet ride then my exclusive with the ce of, to keep wup the boig big boys and a company that works with nike, barclay, toyota. it's a fast grower. stick with cramer. if you're gonna catch dom, then you're gonna need a little help.
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i did it. i took the bait. i talked ab it. i feel tawdry, foolish, but i went there. talking about the twin rbc today, but apple buying disney. yep. today, two gigantic companions came out and is disney a target of apple. cash of the titans. it was right there. i swallowed it. according to rbc, recently, investors have increased that apple could inswire disney. it offers downside support and support's further momentum. we like disney in fumund mental but a megacap narrative is added to the story. so who put this out there that
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creeped into the tile? well, the analyst who covered this. and how did it seep into the conversation because we bit. talked about it on the air. disney is to be stock went to a 52-week high. why my sense of dismissiveness? the disney analyst who promoted the idea, he calls it the option, what's the possibility. greater than zero percent. taking up the 29% of the industry. it would create a trillion dollar company. it would be added to give cash balances. it's i love this. a whole new world that disney analyst says and it would be
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acuna matada. here's the issue though. like a aladenen, lion king, the story is fiction. apple hasn't done any big deals like this, although the company did say it would throw in there and analyze it. this can't be refuted. neither apple nor disney is going to comment on this potential mernler. diversification from hardware and option of better technology and theme park, unprecedented scale. the leader in distribution. koud create the top netflix. if you buy disney stock, you may as well believe in mickey mouse and donald duck. but you see, i can't just come out and say it's not true. what happens if it doesn't cu e curve? what. happ ifs the less than 1%
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possibility transpires? that's what i feel trappeded. see, you can't not talk about this kind of thing. the story is sexy and exciting and would make all kinds of sense. so do othcombinations though. shouldn't t mobile and sprint merge? come on, probably wouldn't pass the trust muster. wouldn't it be fabulous if facebook and snap got together if they got together, it would be good. on and on. so, yes, dream away on this apple disney merger, but yes, there are these two ceos, bob iger and tim cook, they know each other. will they they may not want to do to deal. the only thing that's really accomplished by this, the short sellers will be afraid to bet against disney stock because of new fear of a tack overlurking. it put as bid underneath.
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we all did, hook, line and sink sinker. much more "mad money" ahead. did the market get first earn x all wrong? after the decline, i'm sit itin down to see if there's more to the numbers and it's one of the fastest growing stocks i follow. i'll give you more details on this name and rapid fire edition of the lightning round, so stick with cramer.
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let's hope it's like the last bad quarter, although all three stock is went lower because it' tough day. the big, national banks matter. don't forget about the smaller regiona regionals. they have a better pulse sometimes. we heard from fhn. one of the larger regional banks in the southeast. while their earn iing were this line, they missed the revenue, they explained it away. on the other hand, deposits were strong and never the less, the stock ended up closing lower. here's the thing. even after this decline, we've got to remember, first horizon up to 20% since the election. did the company close on its acquisition of security, which could be a very lucrative area under the trump white house. let's look closer with brian jordan. the chairman and ceo and find out more. welcome back to "mad money." >> good afternoon. thanks having me back.
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>> you're a straight shooter and i think it's great you had average loans up, but you gave a mixed message because it looks like you thought that maybe washington would be doing a little l better right now and it might be causing people to was a little bit. >> right. yeah, i did probably give a little bit of a mixed message. we have seen very good loan trends. our customers are still very optimistic about the economy. and we see strong loan demand going into the second quarter and beyond. i think though some of the euphoria, particularly following the november election, when there was more confidence that we'd see structural reform and regulation and taxes. and driving higher interest rates in a stronger economy may have subsided a bit, but all in all, we're seeing very, very good trends. the other thing, there's a
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little bit of a disconnect of what's happening with consumer confidence, which is measures till very, very high levels and really small business confidence at high levels is not drive iin the same kind of spending or borrowing that you might expect given those levels. >> at the same time, if you have long growth up, 13 then the efficiency, what you're doing with bone fish, always talk about that, is really terrific. you're making a ton of money even if loan growth isn't exploding. this is an economy that we still believe in this environment, still growing at 1.5, 2, maybe more than maybe lez. and we've seen we've seen less in years. we're very, very comfortable. we're comfortable in our ability to grow loan, help them identify and capitalize on opportunities they have. so even if we don't get a surge in growth, we feel very
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confident in our able tility to drive rate profitability and improve the returns in our business. >> you did say that commercial real estate that there's been a bit of a slowdown and it's multifamily. why is that? it was a pretty good area for a while. >> multifamily is an area we've gotten concerned about. there has been a lot of multifamily housing that has been built in various markets over the last several years and we have not pull ed back. oversaturated and then the aspect of multifamily and the retail building phase as well. >> still making acquisitions to coastal securities. what does that bring for your
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bank in terms of your portfolio? yeah, that we think an outstanding opportunity for us, we're excited ab it. we closed it april the 3rd. it's all integrated. all the people are on board. we're able to keep retain the key leaders and the sales organization. it add essentially a fifth product desk to our fixed income business. we do a lot of agencies, municipals, corporate finance. this adds the government guaranteed loan product, which is principally small administration loan an usda loans in a securetized format and that provides a floating rate asset that buyers can capitalize or invest in. it's a great ad to our strong distribution network and protect set that we have available. we think it will have c
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significant 275,000 a day. one last question. i figure your bank is somewhat insulated, but in the end, if we don't get lower taxes, that is going to hurt small to medium sized businesses in your area. what's your advice president trump? >> tink key thing for the economy and boosting growth is lower taxes and i think just pulling back the impact of regulation a little bit. i think health care helps as well, but i think we got -- that allow people to build plant to make investments, to have less uncertainty about how you might evaluate the regulations around
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vi environmental rules and banking and financial institutions. that's good for the economy. if the president and congress can capitalize on that, i think this economy can can pick up yuan awful lot of momentum. >> that's a great way to leave it. that's brian jordan. the chairman and president and ceo of first horizonen. thank you so much for coming on. >> thank you for having me. >> stock's up big. taking profits. it's a good situation. "mad money's" back after the break.
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you're going to have a long run. david in new jersey. >> boo-yah, thanks for taking my call. mtw. total speck. i don't mean to. you've got to get the business going. sandy in michigan. sandy. how are you? >> good thank you for asking, how about you? >> good, thanks. friday during your game blan for next week, you mentioned mosaic company. having a meeting on wednesday and suggested by and share prior to that meeting. you thought it would be good. i think it's a buy. they're talking about a rot of good things and the ad cycle has clearly turned. so go there.
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to james in new hampshire. >> hey, cramer. from the granite state. what's your opinion on the financial services, recent news. >> when ever you see something that says they're not aware of i don't know. that concerns me. the only time i've thought about that in the last ten years is that i think it's going to turn out to be b okay. all right, one more. to andy in new york. andy. >> a question about general mills. i was looking to diversify with some consumer stocks.
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a 52-week low, take half a positi position. >> i believe it can pal. i believe in the story. when yields, go by yield. 3.75. by the other half, not until then. and now, ladies and gentlemen, lightning round. [pony neighing] what? hey gary. oh. what's with the dog-sized horse? i'm crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerkat? in-app chat on thinkorswim. only at td ameritrade. various: (shouting) heigh! ho! ( ♪ )
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the market is being flooded with new i p pos. typically, bankers only sell a small sliver of stock in the actual deal, which pops up the price out of the gate, but when the lock up period expires after six months, stocks tend to get crushed. it helps businesses find more cost savings. that came back in october. as time went on, the stock got pulmoabled. a major offering yesterday selling 4.4 million shares. something funny happened though after the deal price, the 25-25.
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once we got past the so-called bad ooempbt. the stock surged up nearly 15%. now, the it's trading just under 29. could this be a new beginning for cooper? did we simply release a relief rally? welcome to "mad money." good to see you. big time when i saw this secondary and i said wow, there's going to be 40 million share, thai going to unload. most people chose not to sell. helping companies optimize the way they sell. we help companies optimize the way they spend money. we're managing hundreds of
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billions of spending, so we think we've got a big, long-term opportunity here. >> i know you offer what we call a value as a service and you want a marquee account that our viewers now, caterpillar. what value is the service you offer? >> we offer them the opportunity around procurement, expense management, invoice management, sourcing, supplier of risk management. every which way to optimize the way the organization spends money and saves. >> i think they would say, why do you need that little guy? >> this is a huge market opportunity. we're the only ones that have a comprehensive cloud platform, we're the most use b, yable, yo to have dopg nared to say it. we're an open net work segment. we provide all analytics. so each customer could get smarter and smarter about the way they spend. the time to value the evasion is exceptional.
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well, now u, when i looked t ee the growth, you have the actual accelerating growth. that's got to be one of the valuation is what it is. there are only a handful of companies. >> we have really good revenue growth, but what's interest iin is the value driving for each customer, these customers stay with us hopefully forf. we're think iing about how to drive value for them for many, many years. >> you made a hire in the federal government. t got a a lot of fat in it. >> they sure do. we want to them optimize their procurement processes. we work with da systems and others that purchase a lot of material through our president clinton sapplication set.
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>> now, when they bring you in, the thing that was the negating factor, i did not know you until you came public. how did people hear about you? >> we didn't spend as much money on marketing. >> but you're not. sales force, okay, they have the big festival. and a lot of these companies have festivals. you guys are under the radar. >> we spent our energies on getting them live and referencing their ability to go into new markets. i said, how do you maintain that pace, it seems it's not capable. we maintain in one customer at a time and think about our business by removing ef variable to faster growth that may be
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stopping us, not enough sales people, not enough awareness. now, we have thousands of folks certified. is it our technology and development? where ever the bottleneck is we r remove it. >> last question, i think people said wait a second, they're not making money. the goal is to land, expand and grow. it's not necessarily the goal to start showing a profit in its quarter. that may not be the opportunity. >> well, we're in a nice position from cash flow scenario. we haven't burned a lot of money. we're going to do this carefully. and build into this market opportunity for years to come. >> i got to tell you, when i see a company that does a secretary and people, 40 million shares that don't go, they aren't sold, it tell message the smart money is staying with cooper software. stick around. that's why i have the spark cash card from capital one. with it, i earn unlimited 2% cash back on all of my purchasing.
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ray's always been different. last year, he said he was going to dig a hole to china. at&t is working with farmers to improve irrigation techniques. remote moisture sensors use a reliable network to tell them when and where to water. so that farmers like ray can compete in big ways. china. oh ... he got there. that's the power of and. there's always a bull market somewhere. i'm jim cramer, have a great l holiday.
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spend time with your families. i'll see you monday. >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ who believes she has a new and improved version of a ubiquitous product. ♪ hi, sharks. my name is ivori tennelle, from irvine, california,
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