some point you will hit it in the pock. >> i want you to come back with some shoe leather anecdotes about best buy or -- >> i will do my best. through channel checks. >> channel checks, exactly. thank you for being such a dodt sport. >> all right. >> michael santoli, the next edition of stump sandoli will be when you get back. thank you for watching. "fast money" begins right now. >> fast money sfartarts right n! overlooking new york city's time's square the traders are tim seymour, guy adami. it is the battle as amazon and google race, which behemoth is the buy? general motors and ford under pressure as a new lawsuit drops on one of the vehicles, a pick-up truck. later, bitcoin stories, all time high, today, before coming back to earth a bit. much behind that wild ride, brian kelly will break it all

down, we will take your questions about additional currency. first, we start with what looks like investor heaven. ♪ stocks are soaring, the dow is up 7% the year, the s&p had a record high of 9% t. nasdaq also had a record up a staggering 15% this year. it's not just stocks, gold is up 9%. bond is up. it's the same across the globe. so is this investor heaven? or is it something has to give, guys? smr smag has to give, absolutely. right now, i love the graphic and the hearts and everything. >> did you ever have harp lessons as a kid? >> i think you say the course. we had a section last fight, do you stay with the winners? i think the winners are winners for a reasonch i think you continue to stay with names, names that we've talked about for a long time. honeywell in the aerospace defense industrial section you stay with.

clearly something is going on with netflix. analysts get their arms around. home depot has been a monster now the last five or six years. i do think the slf is giving you an opportunity to get long it against $23. that's been a level of hell. tim did a segment weeks ago. it's giving you a place where the risk-reward sets up well. >> something has to give. >> no, i think they will, i said this -- i'm not pretending to be some raging bull. i say it all the time i am not. i am fearful and skeptical. i also understand what is going on. we have been here now for months, which means in my world, it continues to go higher. >> you have to stay long until proven otherwise. right? and have everybody, i have probably been the post-bearish over the last couple years. that was, obviously, not the right position to be. in this market, to me the biggest risk to this market is higher rates, right? then it gives you competition

for stocks. so as long as rates remain relatively benign. we seen that over the last six months. we have been a channel in the rates market. so unless that changes or something else changes, be it economic shock. we get something from overseas. the china debt problem. something like that. until that happens, investors will continue to buy. you should, too. >> let's say for arguments sake it's 50 basis points, which they are not going to do. >> that will not challenge. that's not higher rates. >> no, i'm talking rapidly higher, an inflation scare. an issue where they had to sell treasury bonds, that type of this inc. >> market have tended to underestimate short-term volatility and overrate long-term volatility. we played in the market, if you stayed in this market, you have been rewarded. to me that trends can continue. i look to europe, i think their earlier cycle tan we are. we are early to late cycle.

depending on the economy. i agree with guy and disagree with guy. i think honeywell is a great company, it's gone from 30 to 130. the valuation is difficult. the banks, we spent a long time talking about banks. yet, we haven't done anything. that's the reason you want to own banks t. valuation is there. everything you said about the feds are the reason the banks need to be in the second half. >> i agree, there is no doubt about it. trades in the u.s. are crowded. i think the fear in the trading desk is the fear we will gap to the upside. we talked about that before in the show. people get really fearful. >> trades are crowded but people are under. >> trades are crowded because of retail investments, they're driving needs. so these, you know, there are large percentages of a lot of these etfs, basically, they raise the bar here a bit. you had institutional ownership.

people understand the growth aspects of these companies, ie a google, ie an amazon, et cetera. but when you look at value at returning 1 point x dollars, they can't find good companies with relatively cheaper or attractive valuations. it tells how, we know they're crowded. what do you do now? >> i hear you saying two things. i guess my question is, to me, i get concerned about the narrowness or the lack of breadth when i see netflix dominating this market. that's when this feels like 2015 all over again. >> i don't think it feels like 2015 all over, valuations are completely different than they are. global backdrop is very different. let's look at these stocks, people understand the growth opportunity within these facebook or an amazon or a google or a netflix. they understand the mark. i tell you what's different, though, when you look at these names that have really like,

these value names, value i don't think will pick up, maybe it close a little bit. >> what's left? >> what is value outside of banks? i consider banks valuable. >> let me ask you a question, are you buying energy here? you are buying energy here? you think that energy is worth it? the equity the equity smr long oil. i lost some energy equity. >> i think the energy is a no touch. i mean, people just aren't fully -- >> they have to buy it. >> for financials, well, i think it's very good. the outlook for financials is so energy, how can you make the argument. >> i like google and facebook. i get it. if they're crowded already. >> what makes a difference if a trade is quote/unquote crowded? >> who is the next buyer? i'd rather by energy, where all of a sudden people go, oh, no, i'm not invested enough in this.

i got to get in. >> you have to get back to the fundamental stories. if we all say there is a growth dynamic. it's not normalization. i agree with that. industrial transports, inflation trades, materials, killed. people misunderstood the political process in china. >> look at capex. capex growth wall street exodus for capex spending hasn't changed at all this year. i had a conversation today, investors' september imt on that has changed. >> really, you are not going to make any money on it. >> let's back up, fundamental, are they solid in energy land? i don't think they are. >> that's exactly what can chang

change. >> i have global demand 1.5% -- >> hold on. >> what y is that on the balance sheet? >> i think fundamentals look good. >> i think the long-term fundamental also don't look that great. >> look at today -- >> the ricking that occurred based on the position it had on friday, even after positive takes -- >> one at a time. >> stop, stop, stop, i want to know, david, seymour, what you are buying? >> i am very cautious in this environment. i like technology still. i think that trade, financials, i love them. because i think the fundamental backdrop for financials is solid based on cost cutting and the valuation structure in a long-term opportunity. if we get some ie tax cuts and reform, financials are going to be in fuego. >> you mentioned rates and bk talked about rising rates. it's interesting. i think it's important, from dan nathan, i want to make an

important point here. >> it's probably every other point he's made. >> the fed controls the front end of the curve. they don't control anything else. so if they raise rates, if you don't get a commensurate move, we've talked about this a number of times, they could potentially, they always have hiked that into recession. that's the fear. >> if you are looking at value in investor heaven, the next guest says you can find it in one sector, she joins us now to tell us why we should bet on the banks, kate, good to have you with us. >> hi, melissa, i'm a little nervous hearing this went on. too many people are looking for value in the banks right now and recognizing it's a strong fundamental also, on valuations. maybe it's a little under loved by the investment community. >> investments for banks, i would venture to say, it's retie much the same case as you could

have made at the beginning of the year. so what is going to happen, that's going to ultimately make banks the sector you want to be in. >> that's a completely fair statement, that especially the easing of the regulatory burden and the fed will continue to normalize, that could be quite good, especially because the datas are close to zero. we are actually seeing a better and more sustainable macro-growth environment. that leads people to take a look at the sector and the earnings power, simply because we are getting a significant amount of earnings updradz there, you would think more investors would be re-allocating. they see the ten year and i think there is a sense that base can't perform unless total rio owe i think we should pay more attention to fundamental also and adding to positions over the media terms. >> i hear that premise. i would make the next statement that banks have probably never been more dominant in terms of the competitive landscape.

i think it's actually bigger than too big to fail right now. operational efficiency. isn't that really the story? because the earnings regression tells me that these banks are over a ten or 15-year period are very cheap. i think they will earn what they were yesterday. >> i who you would hope that's the case and i think on a regulatory environment being more accommodative or at least less oppressive i think supports that. but before i kind of upgrade and double my earnings expectation for the sector, i do think we need to see the right people put in place or we're some way away from that. i think that this is a sector that has such strong muhammad apples, but for some reason, can't really catch investor attention in the way cap can. people recognize the balance sheets are healthy. >> that it's a different period, but can't make the same analogy to banks. >> hey, it's brian kelly. i'm curious, one of the arguments out there even if the regulation doesn't get any

worse, this is going to be good for banks. do you buy into that? basically, if there is status quo, banks will still do well? >> yeah, i think it relieves pressure to get focus back on the core businesses. if you are constantly worried about new regulatory pressure or capital requirement or you know a new set of eyes scrutinizing your day-to-day operations, i don't think that you are going to be as forward looking in a kind of growth constructive when it comes to making digs about your business. i think feeling like we can live with the status quo, we'll allow bank management to make great decisions going forward. >> thank you for your time. >> kay moore of blackwell. tell me -- >> i love kay. >> i like the investing financials, it's been terribly disappointing. so what snapped the financials out of this funk? >> it's a great question, few get any hint, the next thing that has to happen, any hint of regulations ratcheted back or something that will jump start

this space. i think that's what people are hoping for. with that said, i don't think it's on the horizon any time soon, so you got to hope the xlf is up about 23 and comes back the end of the year. >> i think the argument, she brings it up clearly, it's not just about regulation inform if you will. it's about enforcement. i think that's a good point to make. this agency, will you have an enforcement issue that again they can turn a blind eye to certain things. >> i don't think it's 100% priced in. i think when you see it right now, valuations in technology, really stretching out. i think money will gravitate into financials, as an alternative. >> i think people need to stay consistent with banks. i think people are all over the maps. the rhetoric on banks, it's not necessarily to come on. if you think about the elation and the fear of banks the balance sheets are as good as they've ever been. they've never been more efficiently run.

>> that to me in an environment where i think we have commitment growth is a no brainer. >> coming up, check out shares of big box retailer costco, a conference calm getting under way right now, we will bring you the latest. more car trouble for general motors, a lawsuit about its pick-up truck. we got a burning question. moves to record highs. digital currency guru. brian kelly will answer your best questions on twitter. long on money, ask, tweets, do it. much more "fast" when we come right back.

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welcome back. general motors falling on allegations that some of its vehicles were rigged. to pass an emissions test. phil lebeau has more. >> reporter: mellissa, it's easy to see why they're under pressure when you look at volkswhat gone and its stock over the last year-and-a-half. there are different allegations between volkswagon and general moto motors. this is a civil suit. it's a class action suit that has been filed on behalf of owners of the heavy duty diesel pick-up trucks that general

motors makes. essentially, they accusing them to use defeat software in the diesel engine for those vehicles. about 705 trucks could be impacted. we reached out to general motors, it is vigorously denying there is defeat device software used, saying these claims are baseless. we will vigorously defend ours. it requires to car standard, car being california air resources board. if you look at general motors, they were down 1.5 to 2% t. heavy diesel peck-up trucks generate 15% of the profits. if there is anything there, it could hit the bottom line we're showing you dw. i talked about the impact it's had on volkswagon.

go back to september 17ing of 2015, that's within it all comes out. this stock hasn't recovered since then. we will keep checking this. one last note, we have reached out to the lawyers who filed this lawsuit. they claim that they've done testing on their own on these trucks. we haven't seen the test results. we want to see the tests. we don't want to see what's listed in a civil lawsuit. let's see what they saw. >> we saw the mark cap on september 17ing. we have that cart. we saw that drop. in terms of settlements, et cetera it did cost billions of dollars? >> you mean volkswagon, as far as sales? yes, absolutely. they're still in deep in this mess over in europe trying to extrick themselves from all of -- extricate themselves from all of this. there are lawsuits going on, yes, it could have potentially billions of dollars of

implications. we cannot overstate this enough. volkswagon admitted to cheating after being continually confronted by regulators. what you have with general motors is a class action lawsuit brought on behalf of two truck owners. the 705 you can froof trucks we 2017 t. lawyers say that's how many should be represented bety class action suit. >> phil, thank you. phil lebeau in chicago. we have a parallel, people don't believe at the end of the day gm did this. >> it's quickly, bk talked about this, a four-year low today, hertz is in a some sort of a death spiral. i hate using that term. until stocks at least find a flat ground or bounce, the auto companies can't afford the head winds. this is just noise. they are much larger than what we are talking about.

>> you tack about 50 cents higher. which means the stock, can it go to 3150? which is some distance from here. what we don't hear anybody talking about is ford and xm. we started to have this conversation on friday or monday. about transportation as a service or their ability to disrupt the sector, themself, gm has this mamp they claim is going randly. all these places where they get involved in ride share. do you believe them? should they be involved in this business? absolutely. >> until we see some traction there, i think the number also are garbage, them coming out defending it vigorously, that's very important in my eyes. >> we talk about it constantly. >> at times i've taken my eyes off the ball. i thank them tore that all the time. >> so right. this is an industry we know is

being disruptive. yes, gm has this. is it going to move the needle? it's not a place i want to invest, right? it's not as i see it a massive growth area. in fact, it's a shrinking area. even if they got ride share right, it's going to be a smaller business than they have now. >> still ahead, the top technicians says one of the names is about to take a lead. he'll tell us which one and why. i'm mellissa lee, you are watching cnbc. in the meantime, here's what else is coming up on "fast. >> don't forget hedge funds are rising from the gravy, posting some surprising gains. i'll tell you the stocks that got them there. plus, calling all bitcoin fans, mr. bitcoin, himself, ryan kelly is answering tweets and taking all your bitcoin questions. so tweet us@cnbcfastmoney.

if it's nice, we'll answer them when "fast money" returns.

>> welcome back to "fast money" with stocks soaring and the s&p and nasdaq approaching big time highs, here's what's coming up in the second half of the show, amazon eeks away to $1,000 a share, at stocks are behind. we will play a little would you rather. hedge funds are cameing a comeback in illinois. marc levine will tell us the big hedge funds and why to ditch the rest. first we start off with a story captivated main street and wall

street. >> that is whit coins digital currency hit another all time high. >> reporter: hi, melissa, bitcoin has been on the rise the southern ascension over the past few months has been dramatic. it took a year to go from $500 to $1,500. in a few weeks, they recently crossed 2500. in total, the market cap gained about $23 billion in value this year. what's behind the third? asia. specifically japan and korea have stepped up buying, investors view it as digital gold. >> wright is getting on board. they announced they are developing commercial applications of bitcoin underlying technology. they gave it a thumbs up this

week. there is concerns, there is no reg la story body. >> meanwhile, short positions have declined by 10%. bet coin could see selling intensified. mellissa. >> thank you, seema mody, one of our traders say there could be a risk. bk. >> listen, bitcoin has had a tremendous run. i have been in here, unbelievable run. my target based on the underlying fundamental also was 2500. we are there right now so what are the risks to look for? either if you are long or waiting for a pullback.

three risks to the rally. number one, if you see transactions bargains fall, that's a problem for bitcoin the entire process is a net effect. >> that could mean a lower price for bitcoin. number two, competition from other digital currency. there is more than one bitcoin. all of those, those two do something different than bitcoin and number three, we agreed, the community afreed this week for an upgrade, but the network is so clogged that it needs a software upgrade. they agreed this week, just, yesterday so if that upgrade fails or there is some disagreement in that. then that would be a big problem for bitcoin. watch those three things. we're in a bubble. not quite a bubble. there is a long what i to go.

for now, be careful. >> it's a part of the choppy action we saw particularly in today's session because of the outages, is that related to the volume transactions clogging up the system? >> so it's, the trading in the volume transactions are very similar, people are signing up exchanges, there is a lot of euphoria about it. the exchanges need to upgrade their infrastructure, to me it shows the se kre was not right to iproapprove it yet. a lot of positions were liquidated because there was so much volume going on there, some don't know how to shut it down. >> let's ask our twitter fan, the first one, how come a big fun doesn't track the percentage daily, why are these different? >> the bitcoin investment fund symbol is getc you are referring

to by grey scale. it is an investment trust that holds bitcoin. why doesn't it track it exactly? one share isn't exactly one share of bitcoin, it's off by a little bit. number two, primarily, it relatively thinly trades, right? if you want to buy if your iras, sometimes just market action somebody buying can move the price up buying and selling even though bitcoin doesn't move a lot. >> next tweet looks like bitcoin is getting a second look, the odds this time, if so, affects on bitcoin sales. >> i think the odds are zero. nothing has really changed. the sec said the exchange infrastructure wasn't there. you couldn't look into the exchanges. there weren't regulated exchanges, that hasn't changed since the last time. so i think the possibility of an etf is three-to-five years away. >> a lot of questions on twitter. >> i'm not. i'm like everyone, fascinated by

it, the things i want to point out, one, i don't think you should connect gold and bitcoin and compare them as -- they don't have the same intent. clearly, bitcoin is a different mechanism. gold is down over the last year, i just think people confusing the two, bitcoin is truly about payments, electronic payments. i think in the case of this trust instrument, they trade at premiums. they're trading because of the interest in bitcoin, you have to be careful that kind of stuff. >> can i ask bk a question? >> here i am. >> he stepped off camera a second. this is the bhot to him line, if you are an investor, what is the simplest way to buy bitcoin. >> you can buy it and store it there. >> i went to the bitcoin store.

>> amazon and google, the battle. a special would you rather is next. hedge funds are making a come back much more "fast money" still ahead.

>> welcome back to "fast money," costco has courtney reagan. >> they are willing to slow up. 92% of their memberships were in mexic mexico. the whole sale club turned if comparable sales of 5%. >> that still gives the street monthly. comps did get a boost from inflation, slightly offset by the stronger dollar. most categories from tires to deli to clothing saw increases during the quarter.

cost co-oped two in the fiscal year. there are 12 more to come this year. a total of 13 in the u.s., in fact, iceland just got its first costco two days ago. >> sound like a roadtrip. >> there you go. >> i like the riddles. >> costco is up 9% today, why does it buck the trend if retail? closures, courtney said, they're up pretty much across the board in every category. >> i think if you think about costco, that versus an amazon prime, if you mentioned millennial women, people shopping online, they like costco for the same services, nobody touches amazon, i don't think it's close. i think this is an expectations they have outperformed. >> this is a name you walk into

a costco. >> it's a personal sector. >> it's an incredible amount of money that's a shopping experienc experience. >> costco, eps growth of maybe 13, 14%. is this getting ahead of its skis? this is not a cheap stock in current valuation in my opinion. >> i don't buy it. it's a different retailer. you are not going in there once a month to buy tires or tools. you go in to buy items.

>> you should probably buy those. >> why is that different from target, which has been having trouble and wal-mart is having a big deal. they are getting into the every day stuff. >> costco has a membership. >> isn't it the experience? >> pete another cracking open stuf stuff. >> amazon is hitting all time high, beth away from the 1,000 milestone, which one is a better boy at these levels? let's settle this. robert, what are you looking at? >> reporter: mem lisa, thanks, very much t. stock versus a tremendous run.

it's run up about $1,000. you step back and look at the long-term chart. it gets interesting. obviously, a core holding is a strong name. it keeps going higher. there are a couple things you want to look a. there are big uptrends back in 2009. you run into that here. here. here. here. here. here and here. i'm not saying the stock will break. is this the point you want to buy the stock? i don't think so. let's look at google. a different example. again, when you look at the next stock, it also had a big run. up against that big long-term uptrend, a chart a lot of people don't look at. again, this trend line. a lots of resistance up here. so what name do you own? both have been completely strong leading names. here's the tie bracker.

google under performed amazon for a long time. takes you back to the middle of '14. here's what's interesting. we are just, just starting to see signs of a bit of a turn. the growth stocks had a big run. google under performed amazon. we have the potential of google to move up. we think it outperforms here, particularly as a trade. >> in terms of that line, you are showing us where it was a trend line the stock would continue following? with that up ward resistance hand the that move? >> even here, if you move up to that trend, the about the tnt. it rallied. a good place to take the money

off the table. >> robert, thank you. so, would you rather? bk. >> i would rather amazon. i think amazon's world to rule, amazon's world to make a mistake, for me, if you are nervous about the trend line, maybe it's legit, they are talking some people will miss the upside. maybe that's the way you place this. >> no question, long term amazon is the way to go. the disruption across the board t. trajectory and the market share and the lead they have against every other competitor is fierce. i stay amazon. >> it's no long term google. you priced in so much already in amazon. if we watched costco in this last segment. why don't we think people are clawing back and they can compete. google is extraordinary. this is a company, we say it all

the time, there is 4 or 5-plus million businesses. >> the market hasn't rewarded them for that. >> you have to buy that. >> weigh in, guys. >> i think, they're both companies have a moat. i think that's a fair argument. i think just on valuation, google is growing and trades 25 times forward earnings. playing would you rather? >> yes. >> alphabet. >> so which stock are option traders are betting to score, amazon or alpha bet? mike ko joins us in las vegas. hey, mike. >> if are you taking a look at what options traders are gambling on, they're gambling on amazon's upside. when you look at the june options there is anywhere from two to four times the calls on

amazon as google. if you are trying to bet a stock is going to move one direction mo more than another stock. amazon is likely the one to move. the other reason, that $90 billion in cash, cash isn't very volatile. if you think which one will move more sharply. the name will be amazon as far as options are concerned. >> >> to win. >> to when? >> spot on. >> stays in vegas. stays if vegas. >> your money stays in vegas. >> thank you and friday, okay, is in the full show, "options action" airs 5:30 here on cnbc. coming up, a man who has a number of hedge funds, he says there are three firms still best

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>> welcome back. hedge funds have an insurgence. we have all the details on this turn around. hi, leslie. >> hey, melissa. it's been six years of nightmares about hedge funds, lately, things are looking a little better for the industry. they've generated positive returns in 2017, hoping to bring in a billion dollars as you mentioned. they saw some withdrawals in april. march had the best inflows in month. the top performer, quam focus. ackman's fund was down 2%. goldman sax says the average equity returns 4%, largely to holding a concentration of winning stock, facebook, amazon

and alphabet leveraging up their portfolios. those return pale in comparison to the large cap mutual average funds up 6% and the s&p 500 up 7% during the same period. investors wonder why they are paying so much for less performance. the norm is now 1.3% and 17.7% of profits, down from the traditional 2 and 20 standard. hedge funds are losing the balance of power. vacate% of those surveyed said over the last 12 months, the terms have changed their favorite investors while 5% say the changes favor hedge funds. that's for more dire for hedges funds and assets. most insist, though, things will get better for them when there is a correction, guys. >> leslie, thank you. our next guest oversees $20

billion, despite a strong year for hedge funds, he isn't convinced that bill acman deserves his money. marc levine is chairman of the illinois state board of investment. >> thanks for having many e. >> you are not convinced of this turn around here in hedge funds in. >> look, a good month or a quarter is due to the surge if stock market isn't going to salvage this thing. of the last five years, hedge funds have generated 4.3% returns. think about that number. you can get that on investment grade bond, essentially for free. that's the way i would go, as i mentioned in the past, we can't get a billion dollars out of hedge funds, we have gone from 81 to 17. what we got left is pretty good, we will graduate those into our real portfolio. >> so we bought the the names of three of your favorite hedge funds that you are still invested in. how did you come to the remaining 17 from 81. was eight combination of strategy in this sort of marnth environment. was it management? was it, are they charging two

and 20 still? >> they do charge two and 20. it's all about performance. so our portfolio based on our brains, really based on 55ship buys, our portfolio has been fantast fantastic. the trailing is 2 percentage basis points than the stockmarket endeck. that's about a 44 percent mark exposure. again, that's not necessarily talent. we've fired 65 hedge fund managers, this is what's left. >> plark, when you look at the landscape, you are not investing, when you look at the world, i'm sure you do, what is it saying to you, the stock markets are all time highs the dax, basically at all time highs, does this one continue or do you see dark clouds on the horizon? >> look what we look for, we are very skeptical. they can buy financial instruments off a screen and justify a two and 20. which is why the index nearly all of our pib lick market assets, it's generated by the sorts of assets. so we're going heavy into

opportunistic credit and real saturday, we're the sources generating quite significant output that will make a difference in our total portfolio. >> yeah. marc, someone, you talked about the performance. over a long period of time, you invested for the long hall two times. so how do you view the cycle? in other words, how when you are investing on a long-term basis for investors, if a manager is under performing for a year, is that long enough to kwupdz up u underperform for you? >> a year is fine, five years is not fine. we think that 15, 20 years ago, when there was half a trillion in the hedge fund space, there was an opportunity to generate alpha. if they don't generate alpha, there is no point in having them. we can get mark returns from an index. that's still our philosophy. >> i know you are talking to people mining state funds, et cetera. when you look at a guy like bill ackman, he is lagging the market even in this better market year

for him, what do you think happens to somebody like that? are you hearing from your equivalents across the industry, that they're also pulling money for the likes of a bill ackman? >> all i know is things like folks like bill ackman is what i really learned from you guys, which is that it's not just us. there's lots of folks, lots of institutional investors are pulling.from the activist hedge funds, again, it's very hard to buy stocks off of a screen. we think alpha is generated by the sourcing of alpha, it's a hard thing to do. we get something for the fees we pay interest marc, great to see you, chairman of the illinois state board of investments. there is that. >> yeah. well, i think, i agree with the fact that there are very few people that can outperform the indices, that you shouldn't pay for something that is below an indice. i do think there are plenty of people out there. i seen them, i sat next to them, that consistently can beat the market, time the market. just like everybody else, not

everybody can pull a fastball. some people can. >> i'm long shore hedge funds money for over ten years. i think that's very difficult to do. it's difficult to differentiate yourself for things like structured credit. things like, you know, places where, you are correcting asset, actually, have you as to manage a difficult portfolio, that's how you add value. i think that's what we're seeing. the long-short stuff is being carried out passively. >> up next, seymour says there is one airline stock that the about to take off. get it? we give you the name when we back. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley.

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final trades. >> invest in latin america and the consumer, ccu the beer and wine company in panama, colombia and brazil, go for it. >> delta airline, i like the stock, it's poised to do well, i think it goes higher. >> brian, bitcoin kelly. >> yeah, for me, it's cme group, a nice dividend here. it looks like it has great support. let's call it. >> brian killed it with the bitcoin. >> i'm so there. >> what do you got? >> she's not a soccer fan.

>> you know, just very quiet so many things? starbucks. >> it sure did. in a measurable way. >> i'm melissa lee, thanks for watching. be back here 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 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 isn't just to entertain but to educate and teach you. call me at 1-800-743-cnbc. or tweet me @jimcramer. sometimes investors just get it wrong. i'm talking about some of these