tv Mad Money CNBC June 1, 2017 6:00pm-7:01pm EDT
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multiple, and 4.5%-ish deals. >> life for avis. shortage 38%. they don't have a lot to make this spike higher. >> prom season, dance with the girl you brought to the prom. winn resorts. >> "fast money" again "mad money" with jim cramer begins 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. i promise to help you fine it. "mad money" starts now! >> hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to make you some money. my job is not to just train, educate and teach. call me or tweet me @jimcramer. today, the market earned back some trust with the dow gaining 136 points. s&p 500 climbing 7.6%, nasdaq
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advancing and new indices hit all time highs. >> that was easy. >> the bulls need to see a broadening outside of the winners. today's rally encompassed more than a handful of stocks and internet darlings and tesla. a lot of investors have been worried this market was too narrow, it didn't have what we call the breath, the breath needed for a sustained advance. today's rally was about as broad-based as we've seen all year. it has to be a tad disconcerting to the bears, who are betting we are on the verge of a sharp downturn. because of a previous lack of upside participation. here is what i mean. the other night i bemoaned the miserable performance of the dow transports and bellwether of weakness and sign the markets could be running on fumes.
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today, they gave us exactly what we want. first, fedex united parcel and stalled so badly of late, came out of the running blocks hot. we did see chattering after rallying a buck, 69 today is still up. and it made me feel we shouldn't give up on the commerce in this country, at least not yet. with the railroads, union pacific, norfolk southern surging. and even the miserable truckers and freight forwarders having good days, that's a terrific way to break the stalemate whether the transports are signaling an advance or retreat. what else improved this market's breath? we've been we monies the weakness, right? we moaning the weakness.
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that 52-week low, the list you don't want to be on. stocks surged 6.5% and took dollar tree, i love to buy my candy at, took the stock up, even as that company reported a subpar quarter which is the sign of total forgiveness as my wife had to forgive me for those five pair of ray-bans i bought for five bucks. remember when home depot gave you that terrific quarter only to see the stock fall five months after, it's starting to advance at a buck, 64, bringing lowes with it, rallying up $1.66. i'd be a dollar of the stock of home depot right here right now. the stock probably shouldn't have been down in the first place! meanwhile, the stock of kohl's, one of the most undervalued department stores today, quite quiz call, lit it up, jumping .23%, i don't think they
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deserve to be in the bargain bin, not doing that badly and has a 5.6% yield, enticing and save, don't they make great socks? come on! that's where you get these? do you like this stripe? only at kohl's. it's always good to see a real bargain go higher. ollie's bargain outlet, remember ollie's? we like to bring everything here. fallen more than 6% today, hitting an all time high with fantastic members, direction going up more than 6% today. with so many brick and mortar stores and lower rents and continuing advance of ollie's army. another report, sending its stock higher on five below and surprisingly positive results here. good stuff cheap. what else?
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sorry. just a sec. this will have to do. what else? >> oh, man. >> maybe not. we know that a host of tech stocks -- have been roaring. but many of those, particularly the highest growth stocks are stepping aside and letting others participate. maybe one, box put up a stunning quarter, and that's stunning for this platform although the rub bricks sells the company short. i like the analogy as there's a huge group of bears that sent this all the way up and didn't understand the ability to generate 30% growth. you may not recall, a company called tech data came on the scene recently some thought was a dud, i pushed it hard. they have just acquired the
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underachieving portion of abnet, its rival. they promised you big growth in this quarter and that's exactly what they delivered this morning. the market lapped it up and the stock jumped over 6%. i say thank you to the ceo, bob dukowski. and then the stock of ciena, especially in asia. isn't that a nice break from the leadership of the high flying invidia which finally sold stock today, hallelujah. it's great to see others in this stock including paolo alto networks, not today, up 17% with excellent growth. this cybersecurity stock is back in the winner's cycle after doing serious time in the penalty box. then, there's the food space. many have given up on low growth that's stuck in your pantry. and sometimes it's a beautiful
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thing. some think bird's eye and hawaiian punch by conagra sent both screaming. speaking of self-help, i marvelled since the stock added the fantastic quarter. after leaping from 112 dollars to 120, the stock stalled for seven days causing concern the whole move might not be sustainable. and then spending $5.4 billion on a construction company, virgin, off to the races again jumping another two bucks. why not, it takes deer from 21% construction to 30% while boosting its earning power. that's good for the agricultural sector. many have been complaining the agricultural stocks are cool here because there's no infrastructure here. two big bellwethers many people
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thought would go down and hurt these companies, great exporters, only tool works jumped a couple of bucks. and the capitulation of a bear at goldman sachs and upgraded the stocks from sell to buy, better late than never. also a pleasure to see the stock danaher, but there's more to this than one not so hot business line as we've been telling online. and finally the market agrees. how about casino stocks, wynn, screaming higher, the best numbers in three years, now that the people of republic china eased up on high rolling gamblers, only a matter of time before they return to form. mgm is for low risk in vegas. remember when bio-stocks went higher? today was one. it got unstuck for celgene.
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and biogen, 4. nice to see that. it's only one day. but nice to see the stock of wells fargo go up a dollar. the big national banks have been suffering from weakness from the trading division. however wells fargo supposed to be doing okay. perhaps that's how it could pop today. even the ceo, tim sloane said, loan growth is less robust than a year ago. and it does take 18 month chipotle-like for the american public to truly for give. wells fargo is the chipotle of banking. it's nice to see the stock can go up not just down. bottom line, the rap against this market, it was all fang all the time and some tesla.
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today, the market got broader, much broader and makes your more confident stocks can keep going higher even with the first five months of positive returns. gabriel from california. >> caller: jim, love your show. you're like the family member of my house hoeld. everybody knows at 3:00 i have my hot tea and jim cramer. >> what's up? >> i wanted to know if you think exxonmobil is safe or change my position in exxonmobil? >> we won't add oils until the oil test 45 again. i do prefer chevron to exxon. arden in illinois. >> caller: yes, it's indiana, hi, jim. >> what's up? >> caller: my question is about alegan air? >> we're buyer southwest air, love not for sale. that's right. love not for sale.
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that's the best performer. how about roger in washington. roger? >> caller: jim, i want to thank you for your service to america and to us, trying to make our lives better. >> thank you! doing my best again. what's going on? >> caller: here's a question. a long time ago, you gave me advice on novartis. the latest i heard, they paid $50 billion in 2011 for alcon, now, they want to divest part of the eye care business and institutions are nervous they want to take on bristol meyer or celgene. the question is, do you hang with the stock or do you end up selling and saying -- >> don't sell. the margins are really good, up 12%. they're smart guys. if they thought the others were a buy, i would agree with them. that's how smart they are. i'm not concerned, i want you to
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hold onto novartis. today, the bulls got it right. i gave you as many winners i could. tonight, from payroll to staffing, the workplace keeps the world working. i'm talking off the ceo fresh off its report. nothing certain but death and taxes. tax cuts? that's another story. what now with now? that's right. now inc., dnow is down 20%. could they go higher? i have the exclusive. stick with cramer! send jim an e-mail to "mad
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computing is very much back in style at the wall street fashion show. i think this group could have a lot more room to run, particularly in the growth prospects. look at the work day, cloud-based provider of software that helps business, think hr and employment and finance management and finance. when you bring in work day, you can use back office functions, not so worried artificial intelligence will put us out of work but terrific if you're a stock holder. and it has gone up 50% year-to-date. the company shows us why, because it is deserving after posting a terrific quarter, a 13% earnings beat with higher than expected accelerating revenue growth up 38% year-over-year and raising its third year guidance to boot. let's take a look at neil bush, the co-founder and ceo of work
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day, hear more about the quarter and where the company is heading. mr. bush, welcome back to "mad money." after i see this quarter you're the second software company to crack that $2 billion barrier. you're already well on the way with this quarter. >> it was a strong quarter across the board, jim. we saw re-acceleration in our subscription revenue business for the fourth quarter in a reand feeling really good heading into the rest of the year. >> you know technology more than anybody i know that doesn't get enough credit for them, that is nasdaq. i didn't know you won them. what are you going be doing for them? >> they're a human capital management customer and expanding us for their financial products, a win for us. their ceo, dina was terrific and very involved in the sales cycle. >> one thing people have to
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recognize, there are three big retailers in this country everybody knows. amazon and walmart and target. you have taken all three of those this year. >> we feel very lucky about that. we will do a great job for all three. it seems like the retail market is really moving to the cloud en masse right now and we're trying to get our fair share. >> sometimes when companies merge you are able to pick up business, on a deal, cardinal health did business with medtronics, would that be one where you get that medtronic integration for cardinal? >> typically, yes. i'm not sure about that specific opportunity. i do know as hp enterprises spun out, they got that piece of business, any time there's a change, combination of them
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being a happy customer and work day able to get them in production very quickly usually bodes us winning their m and a business. >> they could have chosen oracle but they went with you. there is some advantage. do we have independent statistics that shows the market change over the past several years? >> goldman sachs did a survey amongst it professionals. you look at what they see today and three years out, basically they're telling goldman sachs work day's market share will continue to grow at the expansion of oracle and s.a.t. that's what we've seen. it comes to having a great product and taking care of customers. our customer satisfaction right is around 97%.
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we've proven out these high end companies where we're the solution. it's not just about selling the cloud, about delivering the cloud for these companies. >> you mentioned three years out. you have pretty interesting artificial intelligence where someone will stay or go, a predictive model. could you explain how sophisticated things have gotten, a lot of times you work at a thousand person company, you say, that guy must be disgruntled. that's no indication what will happen. you have data points and you have figured out who's likely to go and not. >> this is that huge move towards machine learning i believe won't replace jobs but make people more effective. we're able to look at a massive amount of data and based on their current salary, how long has it been since they were recently promoted and how competitive is that person outside and we can make a
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prediction whether that person is likely to leave in the next few months and that's important to hr or ceo to keep that top talent at the company. >> how accurate has the model been? >> in the data sets, it's been 90% accurate in ours, and we're taking that machine across other parts of the application. we have customer collections analytic that will predict if customers will pay on time in our financial offerings, a couple things we can do with machine learning. >> 20th century fox were human capital and brought you in as manager. 21st century fox, very big, do you do all the global for them? >> we, like we have done in the past, we have to prove ourselves out at a business unit and the goal would be to do as much of
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21st century fox financials as we're able to. the same with cna insurance company and they also chose work day and we're beginning to get proof points along with net 96 and aons of the world, a lot of companies are moving financial systems to the cloud, a very exciting time for us? you know i like your company and stock. operating losses $62.2 million, negative 2.5. i'm looking at operating cash flow for the first quarter, $180 million, cash and watch equivalence, 2.1 as of april 30th, those are probably more accurate? people say, why does cramer like those guys, they're losing money. >> it's because of the way you're doing your financial accounting. >> i would say our financials look at non-gap operating margin and we spiked over 12.7%
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positive operating margin significantly ahead of where we even thought we would come out. i'm not sure that's repeatable forever or in the foreseeable future, it's the scalable business model of our future. >> oneil burkes shery, ceo and co-founder of work day. >> thank you, jim. good to be with you? the stock has won and i think it should move up even more because this is a much better than expected quarter, even more than i was looking for. i've liked this company for a long time. cramer sits down with the ceo of a company closely tied to oil. not the way you might think. >> you managed to save this company. there are many people thought this company could not survive in this environment. >> "mad money" will be right back. your insurance company
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i know all day there was a lot of hoopla about president trump leaving the paris climate accords. here's the problem. there's only so much any president can do unilaterally. while trump supporters may cheer he made good to powflt the agreement, something he campaigned on. something that has gone fallow that we care about here, tax reform. it's fallen by the wayside because it requires the cooperation of congress. at least right now it almost feels like the white house has given up on congress even though the president says he's doing well on his agenda. let me give you an example. today i met with a terrific ceo that pays a 31% federal tax rate. there was a time i would have been thinking about how much more money these guys could make once president trump and his
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republican ally is in congress ran through a major corporate tax cut regardless how you personally feel about cutting taxes on corporations, the fact is a company like this one would make a heck of a lot more money if it was only paying a 15% tax rate and its stock would be surging along with earnings estimates. that's the one ideological position we have at "mad money," we're pro stock prices. if i thought tax reform was on the table, i would be pounding this stock to you, telling you you have to buy it. instead, i have to hold back. i barely mentioned the possibility of lower tax rate to management when i saw them. the whole idea seemed like the relic of a bygone age. when i brought up the possibility of tax cuts quickly we immediately started talking about the craziness that seemed to kill the opportunity. yesterday, i got snip mitts of what ruth of alphabet was
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talking about. i like it so much my charity has shares. and i think it's undervalued and perhaps all companies will have to turn to alphabet for autonomous driving tech. and i thought about the possibility of the $47 billion alphabet could bring home if companies got a tax break on repatriation of the overseas capital and they have a buy back that could soup things up. this is no more than the $60 billion cisco has overseas i also hope will be be brought to the u.s. it seems almost fanciful to think of that these days because of the errant tweeting and controversy over the paris france thing. there were times i would pounded the table because of the onerous regulations hamstringing banks would be repealed by now and the trump administration would allow
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the grownups who run their banks would be more expansive instead of waiting for the stingy regulators to give them the high sign. you can't possibly own the big banks based on the possibility something trump does not when trading weaknesses are staring you in the face. the only things i see to help business is backfiring. trump favors aggressiveness and all that will do is cause a glut and more prices, self-fulfilling. lord help the ceos that spend time with trump, did anyone put more time than mark fields to bring jobs out of mexico? he's out now. it's not like we're having a trump slump versus a trump bump, what we have is nothing. don't get me wrong, that's not the end of the world. from a business perspective we
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had nothing from obama and the market moved up. what we have is a businessman president rendering himself irrelevant by spending time tweeting about his former opponent, hillary clinton and about the election. it's not making good on its promises on economic policy that impacts business that seemed so bankable six months ago. betty in florida. betsy. >> caller: hey, jim, this is so cool. for the past few weeks, there have been many discussions about the death of the retailer. commentators on cnbc went on and on unless you're home depot, burlington, cosco, if you're a retailer, especially in a mail, you are dead. children's place just reported a great quarter including 6% comps. shouldn't children's place be named and included in the survivor's list? >> absolutely.
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and they have done a remarkable job. i think what's hurting that stock was it is in 76 six months ago and now up to 107. it digested the gains. jane has done a great job and i think jim reed in trouble will only help them more. bill. >> caller: boo-ya. bill from sunny dunn edin, florida. how is my guru of wall street today? >> i'm going out with my guru, scott, leaving the job to celebrate. >> caller: i want to ask you about the largest mcdonald's franchi franchiseee in the world. they have exclusive rights to mexico and south america and the caribbean. they have 2,150 restaurants. they do over $3 billion in sales. >> uh-huh. >> caller: they have 18% year-over-year growth and 29% return on equity.
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is there anything off the great run mcdonald's has seen? what do you think of arcos, arco. >> here is the problem. it has not related to those great numbers, it just hasn't. i know. i'm tempted, too, i'm really tempted. i keep backing the parent mcdonald's the big one. steve easter brook knows i was backer of his at 93. it's at 152. i have to stick with the horse that brought me this one. i think mcdonald's mcd is the way to go, even up here. there's no trump bump or trump slump. no. what we have is a business president rendering himself irrelevant and changing the prospects of many companies we thought would -- regardless of the paris course. with the oil sector taking a beating over the past several months, where could now inc. be?
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regular viewers know we are generally huge supporters of spin-offs on "mad money." we like it when companies break theirselves up in tried and true manageable pieces. sometimes it doesn't work out the way we like either because the new company can't deliver or timing is off. consider the case of home gamers, one of the largest distributors of industrial equipment as well as the wilson export banner. this business used to be part of one company we love. in late 2013, national oil well announced it would spin out its distribution division and dnow,
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inc. went and rebounding more than $40 and change. they have equipment used in every part of the food chain and it rebounded in the low 20s as the price of crude recovered from its lows. so far it's been hammered again and down for the year 18%. and now reported a little less than a month ago, the numbers were excellent. the company delivered smaller than expect earnings loss. much higher than anticipated revenue in the u.s. and canada. in some reasons, oil is very profitable. producers and operators need more of dnow's merchandise. if oil ever makes a sustained move higher dnow would be a big
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beneficiary. the ceo of dnow,inc., has a prediction of the future and what it would hold. welcome. timing not great but holy cow, you can do incredibly well even between 40 and 50. this quarter would not be the kind of quarter you had three years ago. what are you doing to make it a strangely good time for you even though a lot of oil companies are selling. >> we will sell to the drilling rig but a lot of it comes from the pioneers and marathons to take the oil and gas out of the ground so it lags the rig counts by 4 to 6 months. the big revenue growth k-1 to q4, the big increases were late q4 to q1 and yet to translate. >> we're still ahead. if we had a good recount tomorrow each week we would be
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thinking further ahead dnow would have good numbers. >> if it just stayed there, we would grow every quarter the rest of the year. >> that's incredible. >> the permeon must be booming for you? >> delaware and -- >> give me a description of the up and down and where we are. >> as a young child my parents owned a service company in a town called crane in odessa and i was hauling water and mud and all those things. i was there for the '83 bust and '87 bust and in got to witness that stuff. i thought it would never get any worse. we realized i was wrong. >> you managed to save this company. many people thought this company could not save in this environment. not only that you have a good balance sheet and doing good acquisitions. >> we've acquired 12 company since we've sewn and finished
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the worst downturn and still net cash. >> and canada. >> our canada business is doing very well. >> how is that possible? we hear it's such high cost oil there. >> this is from organic share growth. our guys are really killing it in southern saskatchewan. if they could get a pipeline and you saw kendrall morgan trying to get a pipeline, if we could get a pipeline to the east coast it would be even better. >> it could be pretty profitable. >> we originally thought we could get to profitability from ebitda perspective in q3, depending -- >> weather related. >> ground thaws. if it's not as strong of a break up, there's a chance we get to positive ebitda this quarter. >> where do you think oil is
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going? we have lot of it here. >> i think it's shaky waters between oil producers and opec and some people think it wouldn't last that long and until such time as the underinvestment from 2015, 2016, 2017 and 2018, those are three and four year projects that will create depletions in the world's oil supply. when that happens not an oil plant will solve this problem. >> right. but you managed to see this coming, you did not lose a lot of money offshore. i don't know how you made it so you didn't get hurt. >> in 2014, our international segment, 50% of it was offshore. we had huge reductions, not only from the stacked or scrapped rigs but when they send a rig to turkey because they scrapped it, it comes off the shore base,
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somewhere, and it supports the working fleet. we had to manage our expenses, branch out. we're doing well in the middle east on land to try to make up the difference in some of that. >> i think you will make a fortune if oil comes out. incredible. robert workman, the president and ceo of dnow, making a renaissance and oil isn't even come back. 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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>> announcer: lightning round is sponsored by td ameritrade. it is time! it is time for the lightning round on cramer's "mad money." that's where i take your calls rapid fire. -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." are you ready, james? >> caller: i'm buying stock for my niece's daughter who has cerebral palsy and i'm liking this stock.
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>> i think when palo alta reported that quarter i was surprised they were not up. i think the long term prospects what they are doing including the ceo are very good for cbr. i like your call. to larry. >> caller: jim, boo-ya from north carolina. >> boo-ya. >> loved your show and wanted to find out about vmware? >> the company is on the call right now and too soon to talk about the stock. to melissa. >> caller: hi, cramer, thank you for having me. boo-ya from tampa. >> how can i help? >> caller: i was wondering about your thoughts on raidian stock? >> there's two and i prefer toll brothers! to new jersey, art. >> caller: good evening. i love your show, excellent information. i own immu.
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i bought it at 1995 at about 22 and 1/8. >> it's been there forever. about 2 1/8. >> i have to do some more research because it's near where i live and i will probably bump into them. i'll call you back. hello, larry. >> caller: hello, a big boo-ya, you're the best. my stockbroker in february got me on u.s. sullivan. i bought 60 shares. >> that's not a commodity play. not for us. that is the conclusion of the "lightening round"! >> announcer: the "lightening round" is sponsored by t.d. ameritrade. oh , so my custom studies will go with me?
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>> announcer: when the computing trend grew, veva systems went to wall street. >> we're talking about cloud computing and veva is this -- >> the cloud is teaming with competitors. but veva found a market to call their own. >> bringing benefits of cloud computing to industry specific applications. >> announcer: is this path too narrow or is a targeted strategy an innovation unto itself? >> in a confusing moment where stocks keep powering higher even though so many commentators like
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to gripe about how overextended we are and the rally is too narrow and it can't last with the turmoil in washington. wa-wa-wa. i like to point out consecutive tailwinds that keep delivering good numbers regardless what happens to the economy. i'm talking about companies like veeva systems that provides work for the pharmaceutical and wildlife companies. they help their clients comply with government regulation. this stock has been on fire lately, rallying close to 60% year-to-date and more companies adopt their regulatory compliance software. we know it's justified because last thursday they reported a fabulous quarter, a 4% earnings beat off an 18% basis substantially higher than expected revv mu, up 32% for the year and rising guidance for the year.
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>> and let's talk to the founder of veeva systems. welcome back to "mad money." >> thanks. >> i talked to mark and he said there's something happening this year. the cloud has accelerated even though we thought it was growing fast. >> and mr. bushery said the same thing. you seem to have it that you, too, have had an acceleration this year. >> oh, yeah. cloud. we're in the early days of cloud overall. this is a macrolevel trend of computing that will play out over the next 20, 30 years. i agree with mark, we're early days. we're really benefitting from our differentiated strategy of going very specific into industry and providing them with a complete set of products so we can be strategic to our customers, big companies like
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pfizer and novartis and small biotech companies. >> let's talk about the hometown i live in, merck. they take one part of veeva, where they do marketing communications. i thought, well, they do the -- how the tests are going. this is far bigger and you're doing a lot more. describe what you're now doing for merck. >> we do a variety of things. we have 24 applications altway from merck helping them automate their field force and sales reps and helping them automate their clinical trials and documentation they need to collect for clinical trials and helping them in the regulatory area to register their products for sale. that's what the excitement of veeva is about. last quarter with had what i call a 30/30 quarter with more
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than 30% growth and 30% profit. that's by having a lot of products we can sell to customers and being their strategic partner and thinking about it long term. that's veeva in a nutshell there. >> we had a lot of biotechs on and you said you worked with some of the bio-techs. if they're starting new, it's right to go with veeva than the old way, right? >> absolutely. when they're first commercializing their products going to market, they often get a whole suite of software, they don't have to mess around with the old legacy systems and especially in the biotechs, speed is what they need. they develop those products, get those patents and get the regulatory approval and need to bring it to market. they don't need a fuss of it things getting in their way.
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>> we know president trump wants to streamline things and make it so there's not as much regulation? is this something if i were a share holder of veeva, where we're meeting these standards but the standards will be watered down? >> no, i think for veeva, there will always be regulatory changes and different government policies that take time to play out over time. that's never affected veeva and i don't expect it would in the future because we deal with multiple countries on this type of stuff, sell our products around the world. we're also helping our customers be more successful and innovative. regardless of any policy changes, any administration, they want innovation and they want growth, that hasn't been a factor for veeva. >> i was a champion of your stock in the 20s, i was a short seller and people said they
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don't understand it. it's a very small market and they said the total addressable market for veeva is very tiny. that is completely untrue, is it? >> it is a $7 billion market. when i had a paper route when i was a young boy, i thought $7 billion was a big number and i still do. it's plenty. we have plenty to go and we're always expanding our market. we're tam expanders. when we bring out new products, we have 24 now. eight of them we just brought out in the last year or so. we're also expanding our market. i think when you have a good quality system and quality technology that really fits the need, you expand the market. one other thing i'll point out, if you look at gartner, they say industry specific applications is the biggest fastest growing part of cloud computing. $132 billion market and it's grown by 10 since last year. this is twice the size of erp
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and crm combined. yeah, don't worry, jim, we're not going to run out of things to do. >> no. just another great quarter. the stock totally deservedly moving up, which is just terrific. i want to say thank you to peter gastner, the stock has tripled since we first met you. thank you. >> thank you, jim. >> this is another cloud company where the business is accelerating and people like momentum. it has earnings and growth and momentum. it's what people want. "mad money" back after the break.
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here's a shocker. as the conference call went through on broad come, symbol abgo, the company got more and more bullish on the prospects and turned the stock around and going higher. that's a love stock. i like to say there's always i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad
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money." i'm jim cramer, and i will see you tomorrow! >> 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." ♪ my name is tony devine, and i'm from bristol, pennsylvania. my product is going to revolutionize the way we train for basketball. finish! finish! oh, let's go. use that left hand! i've been a basketball coach my entire life... let's go! and i always felt like there was something missing, and that was the realism when you practiced.
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