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tv   Mad Money  CNBC  July 7, 2017 6:00pm-7:00pm EDT

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i suspect they go down more. sell the qs. >> i like the july 94 calls. >> i like buying tesla right here >> okay. catch us back hereext nfriday, my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. if you were on a desert island and you needed to know one piece of information, one piece that could predict the direction of
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the stock market, you would want the labor department's monthly non-farm payroll number. if the number is strong, you want to buy stocks if it's weak, you want to sell today we got a barn burner of a number, 222,000 new jobs -- ♪ hallelujah with every area of the economy generating, which is why the dow rallied 94 points and the nasdaq and s&p both advanced. when i wrote this book, i spent a tremendous amount of time trying to figure out what mattered to the market over the years running by charitable trust. again and again, over those 15 years, the answer has been one single number. growth is king there's been so much gloom lately that this number is
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busted, making me feel like a good reason stocks have rally sod hard lately. employment growth means money to buy a car or a house here's why the housing stocks were taking a ride do i need to explain how hiring helps the banks and techs and industrials. the labor department gives you a very good report right now it's health care and these stocks have held up well and keep rising at the end of the day what matters for individual stocks are the earnings and we kick off a new earnings season on tuesday, which brings me to our game plan for next week before we can get to earnings, we need to hear from the president of the san francisco federal reserve. i care what he says. why? because we need to see today's employment number translate in the form of two more rate hikes this year, not just one. i 'been adamant as long as we have good job growth without inflation, which is the case,
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the fed should normalize rates and williams has been talking about three or four rate hikes this year. i think today's jobs number will put him over the number to four. lately this market has been led by the financials. and arguing for four rate hikes would be music to the ears especially that we're going get bank earnings at the end of the week tuesday, we get the first set of earnings from a major company and it's pepsico this has long been my favorite in the consumer energy industry. these days we read how food companies are struggling they are doing just fine why? because it snells snacks and that's the strongest part of the supermarket and it's the best managed company in the space and ceo ingenuity predicted how the market would play out years ago.
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if they get hit after reports, you should be ready to -- >> buy buy buy >> tuesday is amazon prime day i haven't bought anything with the sustains coming up it's going to be a remarkable show of amazon i bet the numbers show a 20% increase over last year, which will cause the retail analysts to come out of the woodwork and downgrade any retailer that is still standing that they haven't downgraded yet maybe then will some of these invoice rated names find a buy i would not buy costco until after amazon prime day because someone will downgrade costco. another way this game works. i don't know how the movie ends
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though, because it ain't a movie. and janet yellen travels to the hill for two days of testimony it will be riveting. i'm the only person saying so, and i'm hoping she will stay on message. more rate hikes are needed to get us back to normal. she has too much self-control to ever snap at any of the bozo politicians to ask her to name questions. also on wednesday, we have an analyst meeting. general mills, new ceo outlining a new plan i don't know what he can do that the former ceo didn't already try. but i bet there will be something positive come out of the meeting. thursday, inflation figures in the morning, followed by the consumer price index on friday
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these have been problematic, because some fed numbe erer ered want these numbers higher. without more wage inflation, there's a strong case to take their time raising rates even if these numbers are tame, i think the fed has enough latitude for two more rate hikes this year. they've still got a long way to go before there's any meaningful risk for the economy did you see delta hitting an all-time high today? did the airlines deserve to be on the high list it is true i had a real good delta flight on the way home from italy with an excellent dinner and good ice cream, but that can't be the reason they're at an all-time high. let's listen to what they had to say thursday morning you know i think the airlines are still undervalued, but i wish the delta would take a break from its takeoff finally friday, huge, huge, huge
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jp morgan, wells fargo we talk a lot about stocks in the end, tesla is just a $50 billion company with 33,000 employees. jpmorgan is a $330 billion company with 250,000 employees, one of the large funders in america. stock sells are 14% earnings, good management, all i can say is i hope when jpmorgan reports, the stock comes down on friday evening next week, i can say to buy it and reiterate monday morning. citi group, look at the situation. the ceo and his terrific team have turned around a once troubled bank to the point where a stock undervalues the overall enterprise citi is the gigantic winner.
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it's an example of what i think is cheap, even when the broader market may spook people. wells fargo, we've been caught up in it i don't know if it wants to show amount of growth for fear people will think they're up to their old tricks so here's the bottom line, we get a fabulous prelude to earnings season today. i like the setup, especially because there's so many faux bulls out there and a colossal number of bears in bull's clothing it prepares to be prepared for the downside, but understand a solid employment number indicates that earnings can be better than expected, which means this market may have more room to run. i am starting calls with harry in florida harry! >> caller: boo-yah, jim. >> boo-yah >> caller: how are you doing
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>> well. how about you? >> caller: great listen, i have a question. when warren buffett buys a company, does he buy it in his a portfolio, b portfolio or both and how does it impact the stocksome >> whoever gets encore is a winner, because this is one fabulous asset it's another reason i hike the master, why i like the oracle of them all and have not waivered let's go to mark in florida, mark >> caller: hey, jim, boo-yah >> boo-yah >> caller: first-time caller >> good to have you. >> caller: i got united health care and i was wondering with the new trump health care act if that's going to be a positive or a fegtinegative >> it doesn't matter united health care is the best company in that industry my charitable trust owned it
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made 10% it's monster 187, goes to 200 you are in clover with unh let's get a big thing of clover and i'll lie down in it and do the unh story. make a note of that. someone will find us some clover crimson and clover no, just clover. don't get me off track next you'll be talking about the brothers johnson russell in michigan, russell >> caller: how are you doing, jim? >> you know what i'm doing good, because it's friday and i'm getting ready to go away over the weekend how are you? >> caller: doing great my question is magna, buy, sell, hold >> i can't deal with the car sector, it has me down that's the best one, though. it's the best house in a bad
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neighborhood i love really good neighborhoods. can we take another call no how about we read a tease or something. the setup is in your favor thanks to the employment number. be prepared for any doubts, but if these go well against, could be set to go higher. it makes the bears crazy on "mad money" tonight, after oracle's latest quarter, it seemed like people can't get rid of the stock fast enough what's that about? then it's a company over 60% year to date i'm investigating. and it caters to companies like netflix, at&t, and price line, and it might not be on your radar. i'm going to sit down with the ceo. i say stick with cramer.
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>> don't miss a second of "mad money. follow @ jimcramer on twitter. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.
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i said buy the dips. but it's not descriptive enough. really, it's a short hand for the process of buying stocks when enthusiasm for them cools the flip side is selling stocks -- when enthusiasm is tepid before you, all stocks are abused, including many that don't deserve it let me give you an example of what it means to buy the dips. let's pick a stock everybody knows, oracle. a little more than two weeks ago, oracle reported as what i regard as its best quarter in many, many years it was a seminal three months for oracle the company's bets on the cloud have really come through now the gross margins on the new enterprise cloud offerings are expanding. and customers like theproduct, the run-up businesses have
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stabilize at a higher level than most expected. highly unusual another reason why oracle had one of the highest congratulations to ratios i can recall so the stock vaulted from $46 to $52. and it's still at a reasonable 17 times earnings. could be headed to the mid 50s $52 is very cheap. too cheap if the growth in this quarter is sustainable after listening to the ceos, as well as the chairman and fabulous founder larry ellison, i think it's absolutely sustainable. but what happened next the stock sold off it's true, that oracle is now back to $49 and change, it's still just a couple bucks above where it was trading everyone loved the stock when it was screaming higher two weeks ago. but fast forward and you couldn't get rid of the thing. i would recommend buying oracle here it is a classic buy, but here's
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the issue with buying forlorned stocks, you have to buy oracle here and pick up some more at lower level it is it gets hit. i would back up the truck at $46. oracle is a better company at $49 than when the stock traded at $46 two weeks ago why? because until today, the stock has been going down since its initial post earnings spike. stock is going down because nobody cares they don't care that it's getting cheaper. but believe me, now that oracle shares are changing directions, it will climb as quickly as it picked up sellers on the way down it's now a changed stock this is par for the course in this market, where a stock falls out of favor and gets less expensive, usually as part of a genuine decline. then the stock gets back on track when people remember, ah-ha, that stock used to be higher and the quarter was good.
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i picked oracle, i could have picked nike. great quarter, there are half a dozen of these i think the real opportunities come from the companies that reported sharper than better numbers and languished or went down as part of a broader sell you have i'm not saying you can buy anything that goes down. all the retailers are being steam rolled by amazon if you're on the buy the dips policy, it's something more rigorous, namely buying stock of companies that have gone down in spite of terrific quarters, you'll be in a much better position when the market turns let's go to howard in north carolina howard >> caller: hi, jim >> howard, what's up >> caller: well, question for you. i'm 71 years old long-time listener first-time caller. >> okay. >> caller: i'm beginning to
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think about more dividend income for my retirement portfolio. >> all right >> caller: i've got a lot of semi conductors, nvidia and some of those things. what plus some of the old tech stocks that pay dividends like cisco. >> cisco, in terms of the amount of cash overseas it can repatriate, one of the top five highest. chuck robins is committed to that dividend. i think you're fine. they give you more hope for a quicker transition to a faster growing company and they didn't. i found that to be somewhat of a bummer but as a dividend, you're in great shape. much more to buying the dip than it seems. when a company reports a game changing quarter and the shares go down, i am saying -- >> buy buy buy buy buy >> on "mad money" tonight, can
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brinks transfor the profits for you? and equinix shares are on fire thanks to the digitation trend i'm talking to the ceo and a spinoff that's hardly getting enough attention i'll bring it to the forefront tonight as to whether or not i like it when we return stick with cramer. at fidelity, trades are now just $4.95.
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all week i've been examining these odd ball companies that keep making their way onto the new high list. i think they give you an
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important read on the true nature of the stock market, not the hey, s&p, it's this or that. last week we talked about avery dennison, representing the strength of all those boring, average joe mid cap companies that get about as much attention in a decade as tesla gets in a day. make that an hour. tonight, i've got one that's more exciting but still kind of puzzling and again, the backbone of this rally. this one's brinks. bco. yeah, the world's largest cash management company that you recognize from its armored trucks here's a stock that has performed the best for ages. but in the last 2 1/2 years, it's become unstoppable. like one of the trucks building up a head of steam up 43% last year and in 2017, it's given us a magnificent 62% gain you've got toask what the heck
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i mean, honestly, if you thought actual paper money was going the day of the dodo, the action in brinks is saying something very different is happening the company has been around since before the civil war brinks has been in the cash transit game since before the invention of the automobile. they started sending out secure vehicles to chekt a s ts to colr cash and valuable in 1891. like the kirk douglas, john wayne western "the war wagon." it's dangerous to move big bags of bash around, and they have the expertise from preventing your money from becoming the supporting player of a heist movie. did you see baby driver?
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but while the armored cars are the most visible part of the business, they're going to throw you off from the stock, because you're going think that's a bad stock, because it's not their only business. get this, the company manages more than 94,000 atms worldwide. makes sense. they have the distribution network. the company helps banks with cash optimization, too helping them make sure they have enough paper money on hand at any given moment they'll transport diamonds, jewelry, even expensive pharmaceuticals. anything where there's a high risk of theft. and brinks has, get this, a latin america business called epi-go, where you can use their ke kiosk to pay your bills. why has the stock been so strong cash is still king even though more and more people
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are investing in other things, the amount of circulation of currency keeps growing last year the number of u.s. dollars increased by 6%. over the last 20 years, the amount of physical currency has doubled to 40 billion notes worldwide. in latin america, where brinks does a third of its business, cash has been growing faster than that. in part, of course, many of these governments can't resist printing money so how is it that brinks went from a lackluster business a few years ago to one of the strongest stocks in the market simple the company has transformed itself ten years ago, brinks was a play on cash. but the company has adopted new technology how many times have we heard these stories? like avery yesterday in the past few years, they
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nailed the transition. in october of 2015, we learned a big activist fund accumulated a 12% stake in brinks. they had a plan for the company to improve performance in january of last year, brinks reached an agreement giving them three new board members and announcing the early retirement of their old ceo since then, the stock of brinks has just been on fire. they have a strategy aimed at bolstering growth rate and providing customers with superior services powered by their new technological capabilities more importantly, the company has been able to deliver on these plans. they're executing well brinks has now given us earnings beat after beat after beat under
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the leadership of this guy his first conference call was in july of last year when the company posted a top and bottom line, when brinks reported last october, the company blew away the numbers, staggering to 58% earnings growth. they talked about how technology is changing the business brinks is a close loop cash macmema management system where they have smart safes that counts your money as you put it in. at the same time, brinks has migrated to the cloud. isn't this doing everything right? the last time the company
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reported -- translating into an 84% surge in earnings per share. the stock could have more room to run i think it does. in short, brinks is transitioning from an inconsistent company with lackluster growth to a well managed company with phenomenal growth so i think it makes sense if it trades at 22 times earnings. one last thing, and i know this one is a it wilittle out there, mulling it over, i think there could be something else giving brinks a boost, and that's the legalization of marijuana in so many states out west a huge crash crop. brinks isn't involved in the pot industry per se, but because none of these new dispensaries can open bank accounts thanks to federal law, they're hiring tons
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of armored cars to protect their money. like it or not, marijuana is a cash business. there are only so many armored trucks in the country, and when demand surges, that's going to help with pricing across the board. this is a pot play but here's the bottom line, brinks -- brinks -- it's a buy play everyone makes fun of me for talking like that, but despite the hand ringing of the death of cash, this stock seems to have a lot more room to run, especially as states legalize pot kevin in florida >> caller: hey, jim, i've watched your show many years and i am about to read your book >> man, you're doi ining satura
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bombing of cramer. >> caller: tell me about accenture, they've been positive >> every time they report, some clown analyst cuts the numbers who doesn't deserve to be in the business the stock gets hammered. and you go in -- >> buy buy buy >> and it corks and it continued to do it this time, too. let's go to my home state. tyler in new jersey. tyler. >> caller: jim cramer, boo-yah, my man how are you doing? >> couldn't be better. how about you? >> caller: i'm good, man i'm looking at dzun. the current market capital, $1.3 billion. 2016, revenue was $500 million 2015, $400 million it's been rising 20% year over year growth. 3,000 employees. what do you think about the growth >> you know that my go-to name
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in china is baba i've been recommending baba since i sat down with them, and i've never changed my view but if you want to play with the bzun, i bless it i have any chinese play. seems like cash is still king, at least that's what brinks is thinking there's a reason the stock is going to a new high. i think the shares could end higher much more "mad money" ahead, with equinix up 18% so far this year, is it time to get in i'll sit down with the ceo then great new it is your dog ate your homework. i did it for you and it could make you some money. plus, an all-new rapid fire edition of the lightning round so stick with cramer for your heart...
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you viewers of "mad money" know i'm a big fan of the shift towards cloud computing. it offers enormous savings for businesses and as it expands shlgts it needs one thing, datacenters that's why i keep recommending the data center real estate investment trust while other kinds of reits haven't done much, many of the data centers are up double digits take equinix the stock is up nearly 20% near to date. the reit has grown nearly 45%
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year over year last year, the company bought three data centers in a move that should make equinix more dominant so let's talk to steve smith, the president and ceo of equinix, and find out more how the company is doing mr. smith, welcome to "mad money. >> good to be here, jim. thanks for having me >> so you know we have all the data center reitz on, and i need you to describe why equinix is different from some of the others >> equinix is a company that's been around about 18 years and accumulated almost 10,000 customers and today almost 180 data centers across 44 of the biggest markets in the year and 22 of the most prominent countries of the world so we have accumulated capability to enable companies to deploy their server infrastructure, and their networking gear all over the world and we can interconnect them to their partners, the cloud providers, anybody they need to interconnect to, to run
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their i.t. needs anywhere in the world. >> so let's talk about interconnection, because i know it's a factor that makes you stand out. so what would be a customer who wants to talk to other customers that can use equinix and would not get the same service from others >> it's a great question, jim. the business model started in the late '90s where all the networks in the u.s. came to equinix -- they chose equinix to create an environment where traffic could be handed off to carriers over the last 18 years, we've accumulated, as you said, multiple data centers. we spent $17 billion of capital over the time frame to acquire and build at more capacity but companies can come in today, found any of the big cloud providers, or they could find any of the big net works in the world to move their traffic, connect to them, connect to their partners and run their i.t. >> wow
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i want you to see -- a lot of people are skeptical about this market and about technology. but i have had fabulous people on sales force and red hat, people who know what they're doing in the cloud and they all say the same thing, there has been a step function upward in demand in the last six months have you seen that, sir? >> well, listen, you know better than anybody, jim, doing what you do every day, that we're in the middle -- or in the early stages of a huge paradigm shift to cloud computing as you know, we all live in a mobile cloud enabled world that has these e rovolving iot edge points these control points are now sensors, cameras, cars, buildings, our computers, and all of these things are being connected to the cloud, connected to the internet. so we facilitate a lot of that there, as do many other data center companies, just on a grander scale, wider and deeper than any of our competitors do
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today. our game is to continue to build more scale and reach to enable the cloud providers, and any enterprise that doesn't want to be in the data center business, to move application workloads and run their business as cost effectively and efficiently as they can >> i was with verizon when they put together their fabulous data centers. to me, it was verizon on the move it wasn't just going to be plain old telephone or internet. they were going to build the premium data center business in the world. what happened that you were able to get that business for what i now see, at least the stock says, a very good price? >> as you probably remember, i think this was five or six years ago, verizon bought taramark, one of the early cloud providers. and this was a big teleco buying a cloud company. censure link bought a cloud provider called savvis
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and both of them have sold those assets we acquired 29 assets that they were trying to sell at verizon and century link sold to a private equity firm. so the teleco firms are focused on 5-g and mobile. and it became less important to their core business. part of the relationship with verizon is we have a deep relationship globally with verizon. so we picked up a lot of new customers across the americas, and it was a great deal, as you said >> last question for those still trying to figure out, wait a second, jim is really enthusiastic about equinix let's take the customer burger king people might say what does burger king need with a data center >> burger king has, as you know, stores and outlets all over the world. so they have customers, their people and business deployed all
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over the world all that information is distributed. it requires local capability on server storage rights and networking gear, everywhere that burger king has outlets. so they are moving more and more of their infrastructure to take advantage of this pay as you go, pay as a cloud service computing capability, whether it's software, hardware platform and they do a lot of that with equinix. >> that's great. you know i want people in these sfoks, because you can raise dividends, a great growth story and i appreciate you coming on equinix is just fantastic. steve smith, president and ceo of equinix thank you so much for coming on "mad money." >> thanks, jim all right, guys, i know $400 is so expensive. take a look at how this company has done "mad money" is back after the break.
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it is time [ indiscernible >> buy buy buy, sell sell sell [ buzzer ] >> and then the lightning round is over. let's start with ellis in georgia. ellis. >> caller: hey, jim, thank you for taking my call >> of course >> caller: so i acquired some novocure should i make any money and run? >> no, i've been endorsing this one. i know this company has a terrific product and i would stick with it. i have not felt that way about a wlot of these biotechs bob in north carolina. >> caller: boo-yah
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greetings from pinehurst, north carolina avav >> we like unmanned very much. let me throw in general dynamics charlie in florida, charlie. >> caller: hi, cramer, how are you doing? this is charlie here i want to let you know i love your show, so boo-yah to you from boca raton. i wanted to ask you about 1-800-pet-med. it's gone up about 100% over the past three months and i wasn't sure if you thought this could continue with this upward momentum >> this is at the heart of my humanization of pet story. i can't back away from it, because it's a long-term secular them john in new ork, john? >> caller: how are you doing, jim? what do you think of semi conductor, on semi conductor >> not my fave
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let's go to eric in wisconsin. eric >> caller: cramer, howis it going today, buddy >> darn good, how about you? >> caller: real good it's friday. couldn't be better my question for you, what are your thoughts on gnc lately? it's been on a tear. >> sell sell sell sell sell sell sell sell. >> no, i don't like it let's go to kenny in massachusetts. kenny? >> caller: i read your book. thank you for that sclak what do you think of national beverage corps >> i want to have them on. we've kicked it around we've got to have it on. let's go to al in michigan al >> caller: hi, boo-yah >> boo-yah, al
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>> caller: okay, i know i'm really hot under the collar on this stock, and i know there's other things that are bothering other people underarmor has been issued a level of shares on the market, and they haven't even -- what's the word, ounce ebounced back >> the stock has bottomed. but nike had a really great quarter. mark parker, who is always welcome to be my co-host, if not just a guest, has done a great job. so i'm going to have you to do nike mike in colorado, mike >> caller: jim, colorado springs boo-yah to you >> my sister-in-law is there tell her i said hi what's up? >> caller: wanted to know your thoughts on potolis. >> i think it's real we looked at it.
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[ buzzer ] what is that all about let's go to -- [ buzzer ] >> merger, merger. >> let's go to sid in nevada >> caller: what do you think about that, nextera. >> it's traffic. michael in california, michael >> caller: cramer, i'm a morgan stanley guy myself o'reilly automotive got super smacked, down 50 points this week is this just the beginning of decelerating >> it's just been taken to the wood shed 900 times this week and they still don't like it you have to wait until after amazon prime day i've had it with these stocks. there's been too much bloodshed. i do not want to be involved
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♪ now that we're back from fourth of july vacation, it's time to catch up on some homework when i get stumped by a caller
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about a particular stock, i always take the time to do the research so i can come back with a considered answer, not just some cuffed answer that says i like it on pullbacks back on may 8, don in wisconsin asked about kpti sense i'm not that familiar with this company i decided to give it another look. it's creates drugs on cancer and other diseases it has a platform designed around something called nuclear transport. i know that sounds like handling uranium, but it's answer the way cells get instructions from the dna and the nucleus. kind of like a command center. mess with the carrier proteins and you can change what a cell is doing the most widy studied of these is called xpo-1. and when your cells go rogue, this plays a huge role and
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that's where they come in. they work on drugs that with weaken cancer cells. the company's therapy is called selinexor is being studied for various cancers. so far the data has been pretty good and we're going to get some major trial results over the next 12 months while it's an early stage company, they enrolled their first patient in a phase three clinical trial if everything goes well, the market could hit the market in the next few years the stock hasn't been much of a performer. it plummeted back to $8 and change in may. now $9.30. we know that the larger, more established biotechs have been worrying to me
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this is a stock that hasn't done much, so where do i come down? i found it intriguing. i think we know the company hasn't run yet, so i give this one my blessing. it's speculative, but i like it. on june 19, dave in new york called about conduit i told him i would get back to it back in december, zero spun off its processing outsourcing business as a separate company conduen focusing on intensive processing and automation. basically, they help clients improve the way they deal with customers or employees they do compliance services, digital processing, procurement, worker's compensation, all that boring back office stuff that no one who wants to be involved in.
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they handle the nuts and bolts i like that. and look, while you may not have heard of the company because they're interprice oriented, it has tremendous market share in some major categories. they're the number one provider of parking technologies to municipalities 25 million credit card holders use their payment solutions. when xerox spun it off, they put a new management team in charge of the business. but the company still seemed to be facing an uphill battle why? because back in 2015, xerox sold its information technology outsourcing business, which made it more difficult for the part of the company that became competitive in digital that translated into a slowdown in new customers and revenue decline.
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however, they're starting to get their act together they're pushing a transformation effort, figuring out which services they might want to put up for sale. when they reported last quarter, the company saw a 7% revenue decline. they are still struggling. on the other hand, management talked about getting out of nonstrategic businesses to focus on company's efforts of what's working. at the same time, the cost savings doubled year over year and is on track in delivering $700 million the question is, how much more room for improvement is there, and can they deliver hard to say, but we know in january, right after the spinoff, activist carl icahn got involved and while he hasn't voiced public criticism, i have to believe he'll put his foot down if they don't deliver. in my view, as much as i respect carl icahn's judgment, it's too
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early to endorse conduent. i would like some more confirmation before i stick my neck out on this one this morning, i stuck my neck out saying jpmorgan could go up. that's different and then editas. they focus on helping people with genetic diseases and embrace crisper, we talked about it it lets you quickly edit a sequence of dna. crisper could turn out to be one of the most important medical breakthroughs in ages, even if it raises safety concerns, because you could do some bad things with gene editing but they've embraced this technology to develop new therapies. right now they work you on a gene editing platform and
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they're starting with a focus on eye disease, as well as cancer immuneotherapy work and some focus on diseases like muscular dystrophy. however, they're still in discovery phase. this is really early stage while the stock became public last year pricing at $16 and surged to $44 in barely a month, it then got hammered, now trading back to $17 and change some things i've got to keep away from, because there's too spalative. i say give it time to prove itself before you bet any money on this one. stick with cramer.
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i like to say there's always a bull market somewhere, and i promise to find it for you right here on "mad money." i'm jim cramer, and i will see you monday new york power broker... >> i'm coming to you uncut, unedited. >> narrator: ...flexing his muscle on wall street and living a life of excess. >> he was a cocaine user. he was a heavy alcohol user and used it to stay pumped up. >> narrator: after hitting bottom, he turns it around and gives up his delinquent ways. >> i'm ross mandell. by publicly sharing my personal battles, i could help millions of people avoid the pitfalls and the rat holes that i've had to claw my way out of my whole life. >> narrator: but ross mandell replaces drugs and alcohol with addictions to

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