tv Mad Money CNBC May 25, 2017 6:00pm-7:01pm EDT
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>> 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 breathtaking moves we see every
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day caused by a fundamental lack of understanding about what's actually happening at individual companies. often these seemingly nonsensical moves define the underneath as we call it. what's really going on. even as the averages look placid, beast. happily sunning themselves on the plains of the syrian gatti. s&p advanced 0.4% and nasdaq climbed also. what do i mean when i say people get it wrong? let's go right to the tape. take best buy. here's a company that most of the cognicente view it where you can check out hardware before buying it from amazon prime. the thing is that view couldn't be more mistaken which is why the shorts got their bell rung today. best buy. best buy is and always has been and always will be about new
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product cycles. when there's a huge new product cycle it can produce fantastic nulls. when there are several sterling products hitting all at once results can be as spectacular as they were this morning. when best buy reported a gigantic upside surprise that astonished nearly everyone. 21%. because it reported 60 cents of earnings per share. same-store sales increased by 1.6% much better than 1.5% decline in the forewassing but that's a prosaic almost dodge of a reason. here's why it really caught fire. simple. we have two new gaming products cycles at once and a new home cycle that more than offset any possible damage that amazon could do to this chain. the new gaming cycle is all about the nintendo switch part of the stay at home economy that mentioned. this revolutionary console is so hot that you need to go to the store in person just to make sure you can even get one.
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and with the demise of so many other electronic stores in the last few years, only best buy which is by the way the only national chain left of electronic retailers can get its hands on this merchandise in bulk. it's got class. the switch powered of course by what, that's right, nvidia graphics chip leapfrogs over consoles and hook it up to your tv or use it as a handheld device and become the biggest winner in the sector. second cycle. why don't we call it the e sports cycle. fabulous article in "the washington post" about the stellar university of maryland east sports team that bratles in the national collegiate league of legends tournament. maryland is real good and the kids practice in the dorm up against schools like robert more is illinois and irvine where there are actually east sport scholarships and coaches and facilities. they indicator to their every need. it's almost unfair.
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e sports competitive video game playing is that big which is why i keep telling you to still buy cape two interactive. while these collegiate legions tournaments can sell out major stadiums like madison square garden like that take two owns the game rights to the nba. can you imagine one company owning all the teams in a pro league that can pack houses around the world. get tv right, advertising anyway best buy sells the gear you need to get that scholarship or at least play the game. the third cycle, we'll talk about the stay at home economy. it's emerging product category that we haven't thought of in ages here but it's right in front of us called the connected home. people may have for gotten one time when housing prices were soaring best buy did a booming business in home theaters. it will blow away the home movie theater. best buy is using professional consultants to help, i love this. great business model. in home advisers come to your house, okay, this is going to be rolled out nationally by year
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end. by end of the year you'll use these people, technology of connecting home can be baffling. best buy can solve it for you with a consultation and then, of course, you buy the devices especially televisions but all the other equipment too and best buy makes a killing. don't forget that a lot of this stuff is controlled by your iphone and iphone 8 cycle means it will only intensify. i told tim cook when we were out in cupertino we should talk more about the connected home. you know what, had we more maybe i would have gotten more into best buy. now, if you were thinking once again that rethat i will is dead you not only misd the product cycle analysis but home spending is the best out there. if you can't stomach paying 10 bucks for best buy circle back to home depot. i'm not done flogging that one but it's not just best buy. we've got all kinds of mistaken perceptions or misconceptions if you'd like to use the term. like the idea that opec, that opec, oh, yeah, fancy meetings in vienna, lots of reporters around, really taken seriously.
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are you kidding me they have no ability to control oil prices. for days we heard they were infusioned with a new form of iron fisted discipline led by saudi arabia, backed up by russia two gigantic exporters of crude, oh, so powerful but when we get to the actual meeting today realize opec has become a bit of a joke, a punch line, supposed to be a cartel but sure doesn't act like one. four opec nations pumping all they can, iraq, iran, libya and nigeria aren't listen and united states, no opec here. no sign that our country is going to slow down its oil production even if oil went to 40 and given we cut the cost of ex-traction in half, now that oil prices roughly cut in half, i bet it will never cease recount tomorrow up big again probably. once again, this beast of a sector is acting beastly. because investors paid attention to the saudis and took this opec meeting seriously even as they ran out of credibility a long time ago. they can't control oil prices.
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if they no longer have a monopoly on the production hence today's monumental almost $3 sell-off in crude to $48 and change. i think the oil stocks need to come down more before they get having. wake me up when crude hits $45 a barrel which it probably hits tomorrow or monday -- well, monday is a big break for oil because it's memorial day. can't fall then there's the endless love affair between american shoppers and bargains. wherever they can be found. that we know amazon is a bargain. it comes down to the block at the discounter. right? so when you got to go to the block you got to go to dollar tree. it looks like a miss. stock is down big and people start digging through the numbers and realize the legacy portion of its business, dollar tree is doing great. just the family dollar business that -- that's going to turn around. that stock is a buy. same thing with burlington stores. that stock is a buy. the beloved price chain that boosted its forecast. these are much more placed than the low wages of so many americans and the desire to shop
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affordly for staples and clothing whether they be brick and mortar or all night -- oh, and what may be one of the biggest bargains, it blew away estimates, you know you can't walk out without makeup u.ulta and costco delivered a sensational quarter to the bell. oh, you want wrong, you want wrong, you want to know why people keep going long. check out netflix. we've seen this gallop endlessly and many questioned the valuation after this year's 32% rally. you are know what, the house of piper jaffray is questioning it, they think it's too low, netflix part two, international. if sequel is anything like original estimates way too low. that's right. way too low. piper says if you consider how domestic streaming took off easy to argue international could be much better than other analysts expect. in fact, they think the estimates might need to double,
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if that's the case netflix is most definitely priced wrongly staggering 5-point advance to all-time highs. just when i was think, just when i was thinking of replacing the "n" in fang to nvidia. netflix stays. probably geese to 200. finally, as much as they've moved the defense stocks just aren't where they need to be yet despite many calls it's time to sell those stocks. i hear that cat call about the defense stocks almost every day. they have to keep soaring until people realize that president trump seems he wants to become the greatest arms dealer in history. he tells our allies they need to pay for for our defense. buy more from lockheed, northup grumman and united technologies and honeywell. au contraire. every time he hints he's not as committed to nato as our allies might like every defense minister starts thinking of ways to spend money here so let me give you the bottom line as long as investors keep getting it wrong, as long as they make mass
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misjudgments and short the stocks that should go higher there will be opportunities for us. and these opportunities can last for weeks and weeks as long as the catalyst remain in play. today's winners probably aren't done going higher and, yes, the losers, they probably still haven't found their footing. let's go to rex in new york. lex. >> caller: bouo-yah, jim from montgomery, new york. my question is regarding lululemon. after the negative guidance on their last earnings call that hammered the stock i jumped in the deep end and bought it at $51 and continued buying it on the way down. with their q1 earnings call should i buy more? >> no, they have this huge outage on their website and, you know, it was a critical outage that didn't do them any good. did them no favors. see what the quarter is going to be. that kind of threw me for a loop that outage. i like the idea it's down enough but you know sometimes things
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happen, let's go to doris in illinois. doris. >> caller: hi. you're my hero. i'm calling about haines. it is in this market and what are your thoughts? >> okay, this is important. the hain which is like i like has an accounting regularity. even if i thought it was the greatest since seven grain bread i couldn't recommend it. my rules as stated in the book "real money" is that if there are accounting regularities you can't own the stock. i'm going to miss some opportunities, i might miss hain. deshawn in florida. deshawn. >> caller: hey, how are you doing, everybodile jimmy. >> i'm doing real good. how about you? >> caller: i'm doing wonderful. i'm doing wonderful. >> i wanted deshawn not to play in florida but back for the eagles but we got matt cole lint number 10. he's going to kill it. what's going on? >> caller: true.
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first off a massive boo-yah in me and team valentino from sunny palm beach, florida, and first thank you for inspiring new investors and seasoned investors like i. >> yes. >> caller: to take a leap into the stock market. >> i want people to have the confidence to make the right decisions. i can't give the right decisions to them but if i can give you the confidence to do the work i've succeeded, thank you. what's up? >> caller: thank you. my question is it's about bank of america. ticker symbol bac. by doing my research i believe that bank of america has a 20% upside. i made a profit of 1.08 per share from last week's lows, however, i've been watching the stock hit resistance around 23.40. the bank stocks have been on a roller coaster ride. >> right. >> caller: my question, yeah, so my question is, do you think i should take my profit and run or stay long and hope -- >> i don't want you trading bank of america.
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they'll get the rate hikes and you'll end up making 58 cents with after commissions instead of making the big enchilada so hold on to bankamerica. now, sometimes -- nice comments. makes me feel great and youthful. stipes investors get it wrong and means opportunity for you is the short as gets scalded and sometimes that opportunity lasts for longer than you expect like today's stocks. "mad money" tonight, best buy's big move could cause a lot more action. the ceo is leading in eastport will make you a ton of money from it. plus, hp got a boost last fight from a bunch of millennials with a stroprocket in their pocket. i got opportunity there. people didn't jaupdz stand the stock should have been higher and not lower. companies run better in the cloud and just assigned new clie clients, rei and adobe. will it continue to drive it
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higher? we'll find out. i suggest you stay with cramer. don't miss a second of "mad money." follow @jimcramer on twitter. have a question, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call, our 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. excuse me, are you aware of what's happening right now? we're facing 20 billion security events every day. ddos campaigns, ransomware, malware attacks... actually, we just handled all the priority threats. you did that? we did that. really. we analyzed millions of articles and reports. we can identify threats 50% faster. you can do that?
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sometimes a seeming by boring stock can give you spectacular gains. lodge by tech international. logi. maker of computer peripheral, headphones, mobile speakers, video conferencing product, tablet accessory, remote control, all kinds of expensive end -- of high-end gaming gear but not everything is too
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expensive. early november we had their ceo on the show. get this it rallied 00% since then. we know this company is doing well. the stock soared higher after the latest quarter report a month ago, what a quarter that was. new issue we have to address, last week ibm told us it was taking thousands of remote workers, people who use the web to do their jobs from home and bring them back to the office. as it turns out that is kind of the opposite of what lodge by tech stands for. let's check in with the ceo of lod l logitech international. before we get to the remote. you turned us on to something here. you turned us on to the level of ins tensity and went to a site where you just have -- you are in many ways the facilitator of this whole amazing thing, aren't you? >> well, it's just such an exciting thing, you know, if i start throwing out numbers, it's mind-boggling. the eastport athletes will click a keyboard like this 13 times in
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a second. >> no. >> they'll do 50 million clicks in three or four years. it's just the intensity of that sport and here's an amazing fact. the more people are watching -- are watching on youtube and twitch and online are watching people play east sports than the competition combination of netflix, showtime and -- >> your company is charging from the site. this is geared for it. faster than anybody else. >> well, this one in particular. we make our own switch and keyboards and ours is 25% faster than anybody else's switch and designed it. speed matters in east sports. >> the terrapins are seeing green. talking about scholarships. >> yeah. >> talking about athletic directors. >> yeah. >> tv rights it's all happening. >> it's all happening and my brother is a president of a small liberal arts college you wouldn't dream and, you know, kind of independent of me his team got in touch with us and
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said, hey, you know, we're thinking about creating a club team for east sports. this is a thousand student liberal arts school. it's sweeping the country. it's sweeping the world. it's everywhere. >> it is really something you saw coming or else you wouldn't have the fastest. >> i certainly wouldn't say i saw it coming. logitech was in gaming for a long time. but i did -- i was lucky when i joined the company because i had three kids, mentioned this the last time, three kids all three are gamers and before i came to the company they said, dad, this is amazing. you're going to have an incredible ride because if you guys just improve your products you can be incredible. >> you have -- you are way ahead. i know this one it is fantastic but now it just really is. really is. terrific. but now i got to ask you the issue about working at home. you have tremendous -- the number of people that you every day video conference at logitech tells me this is second nature. >> well, we are so video focused. you know, if you're under 30 you don't do audio calls anymore. it's all video and so what we've
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done is because we do make equipment that enables people to connect lew video we basically have put them in every closed space we can and people are videoing everywhere. we have every -- 12,000 people every month that are 12,000 calls a month. almost on average everybody is on a video call every day in the company. >> what is -- looking at what ibm is doing, would that in your idea discourage creativity and people who otherwise physically couldn't be there who might be brilliant and you don't want to lose? >> you know, i look i have a lot -- tremendous respect for ibm. >> it's been around. >> their situation is obviously unique and i'm not there so i don't know what situation they're in. but i really believe that people are working from everywhere all the time anyway. when i go home, i don't know about you, when i go home at "i am cait" e-mailing, videoing. work doesn't go away when i get home. you have to work from anywhere. there are types you need to be in the office -- >> you still believe in an offsite. >> of course. >> people get together. >> absolutely or come into the office occasionally but you really ought to be able to work
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from wherever you want to. >> tell me what's new. house of innovation. >> this is so cool. i wish i had a big bowl of water, you know -- >> what does it do. >> it floats. >> are you serious? >> oh, yeah. this is the single biggest issue. i have a pool. i'm fortunate enough to have a pool. when we think about our iphone going in the water and this going in the water. this is our biggest work. >> oh, it's so cool. it's super sturdy. throw that up in the air. we should have turned it on. throw it in the water and do anything. it's awesome. that's a new england w this is our latest gaming keyboard. 25% faster in switch speed than the others. these are -- speaking of ours, these are two for offices, everybody watching has a small room or office. this is our latest webcam, super cool, 3d. this did for small rooms. we can do them for big rooms now and a whole aray of product.
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>> how many do you have r and d thinking what people will want eventually. >> we have 650 people doing r&d and we have all of our teams looking at new stuff. at any point in time in addition to the categories we're already in we have somewhere between 3 and 13 teams working on new thing, new category. >> one last question, is it possible, someone is from a team that doesn't have your -- the fastest keyboard and they see people have -- don't they -- they're going to lose, right. >> they call should me. >> but that difference -- i'm saying -- >> they could. >> these guys, these terrapins would lose if they were up against u.c. irvine and these guys didn't. >> it's a competitive sport and every millisecond counts. feel free to get in touch with us. we'll outfit any esports team. >> they have the youth and the innovation. what works now. bracken darryl, what a win it has been for you. "mad money" is back after the break. after the break, excuse me, waiter, what's the soup of the
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believe it or not every now and then the good guys actually win. ♪ alleluia >> the guys at hp inc. won. if you're not familiar with this iteration of the old hewlett-packard empire it's the most prosaic, the personal computer and printer business. i could have called it iconic but lately that's become a curse word in the world of technology
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as iconic means gone with the wind. i have to admit when i first heard meg whitman talk about splitting it off from the company that moved so much deeper into more modern tech so to speak i figured hp inc. was pretty much doomed. [ beeping ] >> who would give a damn to keep the rhett analogy going, i wouldn't even dignify it with a razor razor blade analogy. the spin-off happened and the pc market was in a permanent double-digit decline with feckless competitors who tried to undercut each other and inventories brimming from staples to costco to best buy pretty much here to ear but last night, hp inc. reported not only stabilization but i got to tell you growth. 7% growth with strong momentum. their word not mine but they're right and personal systems meaning old-fashioned pcs grew 10% with robust sales in every
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region. it wasn't just a rising tide. the company's reclaimed the number one crown with a 21.7% market share. and it beat the overall year over year growth of the industry by an astounding 12%. gets better. it gets better. the printer business after six straight years of inexorable decline grew 2%. hardware sales increased 4%. yeah, but it wasn't just high personably when ceo deion wise ler says we're excited to ignite a renaissance in printing. that is being led by of all things the sprocket, have you heard about this, portable printer hot among the younger generation. as he pointed out millennials have had their photos trapped in their phone. and are now able to free them by having a sprocket in their pocket. good work. i went to amazon to see what the deal was for this thing and they're selling fast. when i checked early only two left going for $129 bucks a piece. real. how did hp inc. do this. going after underpenetrated
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portions what have we forget is a $333 billion pc market and they're doing so embracing innovation and security. second, they're managing inventories well. something always fabulous cfo kathy less check has been doing since time inme mallial and a refresh cycle awe though i have to tell you i feel confident is at any time a one-off comeback. wise ler is right when he says i'm confident in our ability to jute execute the market and competitors. with pcs, printers and supplies going in the right direction hp inc. is producing bountiful cash flow and returning most to share hold he's they promised and i bet the dividend could grow as the cost of components begins to come down something that will happen in the second half. so many suppliers adding plans to meet this newfound intense demand. finally i want 0 add when this spin-off occurred like many people i figured hp inc. was just a wasting asset that paid a good dividend with maybe the hope someday somehow somewhere
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the b3 printing would save their carcass by the end of the century or decade. wrong. they saved themselves. even if the stock market didn't seem to care today with a stock falling more than 3%, granted stock still up 24% for the year but given momentum and discipline i bet it's got more room to run. you should buy this dip. oh, and maybe someday 3d printing will become mainstream at which point i bet hp inc. will be among the winners as it is with pcs and old school printers right now. let's go to, ooh. could it be someone at google. a cfo. ruth in california, ruth. >> caller: hi, jim. >> how are you? >> caller: my concern is ibm. after buffett sold his share, that stock went down so badly and now i can't even find it on the tape anymore. what should i do? >> okay, well -- is. >> caller: buy or hold? >> great question. remember, he didn't sell it all out but admitted he was wrong. ibm yields 3.9%.
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my writing partner matt, i think that dividend is secure and it might be a decent price to have to buy the stock in order to wait until they turn the champion around to a faster growing company but i think you're okay there. i really do. can we go to anna in florida. anna. >> caller: hi, jim. thank you for taking my call. >> sure. >> caller: i have a couple of questions for you, so i own a few shares of box, b.-o-x that i really purchased and wanted to get your thoughts on the company as a long-term, short-term investment. should i buy more shares. >> i don't want aaron levy the ceo. they report next week. wait till we see the report. stock up 35% for the year. and i fear that there's going to be profit-taking so let's wait. you're in a good position. aaron is going a good job. cash flow positive. can't ask for more. taken over the enterprise and he's done a good job. turns out good guys don't always finish last. last thing the hp won and i
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couldn't be more thrilled. expect hpq to be among the winners. there's opportunity here. others just don't get it. so, more "mad money" ahead. including my sit-down with a tech company winning business from the likes of adobe, lincoln and even beautiful low wild wings, new relic is up 50%. i'll sit down with the ceo and plus the company putting tablets on the dinner table and irving deals with olive garden. i'm talking ziok private to see if it can disrupp the dining experience. national wine day, the perfect vintage of a fast fire lightning round like a fabulous cabernet. stick with cramer. a used car,
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computing is on fire. it is here to stay and this is the theme that is levitating all sorts of related stocks believe it or not we are still early. i know that sounds ridiculous but we are. now relic. analytics company that specializes in performance monitoring and basically help clients keep track of what their business software is doing and how their users are interacting with it in realtime. now, after selling off hard in the fourth quarter of last year new relic stock caught fire in 2017 up 55% year to date because it's doing very, very well. new relic reported a bit more than two weeks ago and delivered a solid revenue number, up 40% year over year with a smaller than expected earnings loss and most important, an astounding 54% increase in billings plus they told us they won new business from huge enterprises like adobe, linkedin. bose and even buffalo wild wings so let's catch up with lou certainny founder and ceo of new relic. get a better sense of his
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company and where it's heading. have a seat. >> thanks for having me. >> the cadence is extraordinary here. you preannounced it much better than expected quarter and crushed even that number. it's just a parade of very large enterprise orders you're now winning. >> well, you know what's driving all of this is all these enterprise companies are moving to the cloud. moving to digital and recognizing like you mentioned buffalo wild wings, the way they'll grow their business and reach new customers is through digital and through adopting cloud computing and by providing the dashboard that gives them the visibility they need to succeed. >> do you think i'm wrong when i say we're early when we think of phi companies my graiged to the cloud. >> we're very early. remember these huge enterprises take some time to fully adopt. i was talking to one of the largest companies in the country this morning and they're talking about we are adopting the cloud but very early. mark my words we'll be all in over the next five years and just seeing the beginning of what will be a massive change over the landscape of i.t.
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>> when people here cloud they think, wow, google has a great cloud. amazon is the best cloud. they must offer these dashboard analytics but they have a very elemental. they have not gone as deep as you. >> no, no, we're the only company that puts visibility into the three most important areas, it starts with a customer experience like the mobile app or the browser when you click on a web page. we see all of that. we see the application that's running inside the cloud environment and then we see the cloud infrastructure itself all in one platform that look as cross all clouds as well as on premise so only new relic really deliver has is there there's an outfit i won't mention them because it was a breakdown but their website went down for a couple of hours and really critical for them. how quickly are you able to identify that kind of problem. >> well, we've seen this many times where a customer says without new relic i was blind now i see. in many cases we would have detexted the problem before it became an outage. but when we shine is when there's that moment of truth there's a problem. you have no time to waste, the
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cost of an outage might be a million dollars every ten minutes and so the faster you can find the problem, the faster you're bag back up and serving customer what is we call the moment of truth for our customers. >> moment of truth occurs a lot. the number of queries you get mer minute. >> oh, we scan over 30 billion data points a minute for our customers. >> 30 billion. >> per second, excuse me. >> per second. >> yes. >> and what -- how do you even have the computing power to do that. >> we proprietary technology we built from the ground up. i went to lake tahoe in 2013 and built this database from the ground up. >> you did. >> i did. do code from time to time and handed off to my engineering team to productizi and only we can process this data. why is it important to our customers. think of all that's going on in their digital property, how much is happening. we see it all in realtime to help them identify and fix problem. >> now, cisco made an acquisition, a competitor. how do you -- you -- how do you keep the following happening. there's a moment when you break into profitability. i totally what you have done
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landed and expand. what happens when you're right there and someone big decides this is when i can finally buy them and they'll be added. >> well, look here's what we see. why see this massive opportunity firmly in the cloud area. so we do have many comet tors. where we win most often and dominant is when the applications running in the cloud. our most direct comet tore just got bought by a company that predominantly is strong in data center. cisco is network that serves customers have their own data centers so we think we can lengthen our lead. that's a big opportunity for a big independent company and that's why we're managing the business for the long term. >> in the time since we've known each other i felt many of your customers were small to medium size. these customers, linkedthis and so far are huge. so what changed in the perception that people recognize that you're the enterprise guy. >> well, we've always had the right technology and the right product. but we've needed to get the word out to enterprise customers new relic way of doing things and more importantly the enterprise customers are moving to our sweet spot which is again the
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cloud and digital initiatives. smaller companies there earlier and large enterprises are getting strategic in the cloud and we can be strategic to them. >> okay, so when you look at -- how much of what you do now voting rights act what you did was the actual insight and analytical part versus realizing someone is not the -- the sight is not working. >> so just this week in london ryanair, europe's largest airline, they show in realtime how many people are booking flights in the site and compare with last week. where are the bookings coming from and so that data in realtime is their whole business. you know, nobody calls a travel agent anymore to book a flight. what is is your dashboard, that's what new relic provides for ryanair, way beyond performance. >> i happen to love rei, been a member of the co-op since it was start the, okay, we have beautiful rei stores in new york and one in new jersey. they always seem to know a lot about me when i go to the register. is that you? >> well, their strategy is to understand how the 360-degree
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view of the customer. >> they do. >> i feel very at home there. >> it's fantastic, isn't it the way they do that through a lot of software. what if that doesn't work. if that software doesn't work they don't understand their customer. we help them ensure it works and delivers a great experience. >> i saw you did with adobe and trying to figure out why adobe needs you. i thought adobe did what you did but adobe brought you. >> think about all they run across various business units they are moving if historically you know on premise software into the cloud and been very successful with that but -- as they move to a service they needed new relic to deliver great service to their customer. >> they use you. >> absolutely. >> well, congratulations because they're a fabulous all these outfits are fabulous. that's lew cerni. look what it's done and what lew is up to. they've got the right stuff to win. "mad money" is back after the break.
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sell, sell, sell. and then lightning is over. are you ready see daddy. steve-a-reno. >> caller: love the show. first time caller. >> thank you. >> >> caller: i've been on/onic pharmaceuticals peaked about two years ago, down 15%. where do you think they're going. >> just a little too controversial for me to recommend these days. i feel like it's the phillies going up against the colorado rockies. why is it the same every night. because we keep losing. i fear ionis. mike in pennsylvania. mike. >> caller: hi, mr. cramer. sure is an honor to speak with you. >> good luck to the pens tonight. >> caller: corporation stock. >> i like -- i saw that downgrade by goldman sachs, are you kidding me, i know it can go down five points. let's not leave a great american company. max in florida. max. >> caller: hi, cramer. i know pph went up yesterday and
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tommy hilfiger business, the earnings. so curious, due to them helping boost pbh their association with g3, shouldn't g3 be a good buy. >> no, the linkage hasn't worked for the that is three quarters and disappointed last time they delivered. stick with manny. check matthew boss. maybe 125. to david in washington. david. >> caller: how is it going, cramer. >> oh, man, it's going wild. how about you? >> caller: i'm doing good. sunny here in seattle. nice. >> caller: so my question is about cvi. >> refinery -- i'm not even sure about that yield. it does worry me. when they're north of 9 a red flag and pass on that. jeffrey in california. jeffrey. >> caller: boo-yah. >> boo-yah. >> caller: keep on.
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twillio. >> jeff boston made 100,000 shares and plead a commitment. i think that's going to be -- not unlike the babe whose contract i guess is for sale. i'll pass on that active opportunity. twilio. phil in new york. phil. >> caller: hi, jim. how are you boo-yah. >> boo-yah, phil. >> caller: thank you, thank you so much for helping the little guy. it means so much. >> we're all little guys. lease up. i'm little. i shrunk five inches. my daughter is five inches taller. >> caller: that's good. in a little bit in the doghouse. vsc corporation. vfc corporation and i just don't know what to do. >> it has no mojo sui a technical term for i don't see a lot of earnings growth. pvh. manny tirico is delivering. let's go to connor in nebraska. connor. >> caller: boo-yah, jim. >> boo-yah. >> caller: local of omaha i would like to know what the
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oracle berkshire hathaway is headed buy or sell. >> i would say it's high and i'm a buy, buy, buyer and that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by td ameritrade. so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $509
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hard to get customers to come in person. believe me as someone who runs a small plate mexican plate, can i tell you the most profitable part when you get people in the door and sell them a lot of drinks. when someone hordes take-out and deliver you lose the revenue stream but the old school restaurant chains aren't giving up without a fight and constantly renovating and figure out new ways to process more people in less time whichablies me to ziosk. tabletop orderinglets that allow lemm to order directly and swipe directly or entertain themselves on the internet or use the interactive games they sell access to for 99 cents a pop and technology solves a problem we have seen a lot -- a lot of the better run chains really struggle with throughput. if you have customer want to make sure they get their food and pay the bill as fast as possible and ziosk helps with that adopted bial live garden,
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applebee's and red robin and distract the young children and this can be a huge leap forward for efficiency. more important if you're a parent these tablets are a terrific way to keep them occupied and well behave bhd you go out to dinner. a closer look with austin mullen and he is the president and ceo of ziosk to find out more about his company and prospects. welcome to "mad money." >> great to see you. how are you? >> austin, in the time you have picked up a huge number of customers, all big name brand customers, run through some of them and how many more you have. >> so when i was here last time we were doing great business with chili's and announced red robin, not long after that we announced the olive garden brand with -- >> gigantic. >> and so as of today, i think when i sat here last time we had a thousand stores live and now we're 3,000 stores live. >> we go to olive garden a lot. i have a millennial daughter. she doesn't like to talk to
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waiters. i think part of what you seem to have done is part of the trick here is people -- younger people don't like to talk on the phone and they don't like to order. they like this. >> yep. we certainly see some of that so we're trying to accommodate all types of guests and obviously we're trying to be a partner to the server as much as anything we could do to give every guest the best possible service. >> or let's walk through the proposition to a friday's. uno, friendly's, to on the border. to brinker garden. the order first of all, it doesn't get screwed up. >> so for -- by the way some choose to put full order. some do appetizers and entrees but obviously the guests place the order so it's as accurate as the guests make it. >> right, because i see we have a lot of food we throw away because the people get the order wrong. that's over. right? >> uh-huh. >> second, what is -- how often are people angry that their restaurant hasn't given them the check in time? >> without ziok a lot of the
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time but with it all of the time. >> how point games. >> the games are played more by families. communal games. they're there for those who want them and interestingly has a lot to do with the business model because it hips subsidize the cost for the restaurants. >> how much can you do if there's a problem, what occurs? >> so, again, it depends on what the concept does. there is a call server button that some people choose to turn on and some people don't. it depends on whether they think they can live up to the expectation that's created by pressing that button. >> now, i would think as more and more people go out and they see your, they would like a piece of the action. this is a company that if it were a publicly traded stock would frankly be someone who sold stocks at goldman did send cat work and in touch with a lot of people we want to own a share of it. when is that going to happen. >> thank you. well, the reason we're with you today is we've been moving towards the moment where we can go big. and right now is that moment.
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today we're announcing is a brand-new device which we can talk about and that device allows us to go international because it does chip and p.i.n. which we haven't had before. we are expanding our horizons to go after nondining so, for example, today we're very excited to announce a new partnership with main event. it's a very large big box 55,000 square feet, yeah, bowling, play, eat. >> fun. >> fantastic. and they're looking to ziosk to be a platform for the whole guest interaction throughout the environment. >> makes a ton of sense. is it really does. >> yeah. >> one last thing, i always care that our servers get good tips. sometimes concerned that maybe people don't get a good tip. a way to be sure the servers are -- >> two things happen. so first of all, actually on average the tips are higher but then secondly because of through-put imagine if you're a server today in main event and you're covering 36 lanes of bowling alleys and the
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restaurant, the kitchen is 30 yards away, it's difficult to get everything back and forth. you're losing a lot of orders. you're now going to gain all those orders and you'll get tips on all those order. >> volume, right. >> absolutely. >> all right. well, congratulations on the new bowling contract and for going international and for the chip and -- >> really a device that takes it to a whole new level. we've gone shawler with a larger screen. >> i like. on the table. always continue mullen. ander, president of ziosk. it's good. ♪ ♪ i'm dr. kelsey mcneely and some day you might be calling me an energy farmer. ♪ energy lives here.
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some good news after the close. ulta did employee it away. hand it to mary dill dard, one of the most unsung ceos. costco are starting to open even more stores so it's not just a question of how good the quarter was, i like the quote. i like to say there's always a bull market somewhere. i promise to find the it just for you on "mad money." i'm jim cramer and i'll see you tomorrow! >> welcome to the shark tank,
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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." ♪ i'm dallas robinson... and i'm mike buonomo... (both) and we're from salt lake city, utah. we first met in college, and we just kinda clicked. some ideas just percolate up. we've created something that creates a chemistry between two people that's absolutely amazing. yeah? yeah, i think that's right. we grew up with a very strong moral background, and we always walk, uh... (chuckles)
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