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tv   Mad Money  CNBC  July 13, 2017 6:00pm-7:00pm EDT

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i think you can be short >> my mers nay saying that tim, stop trying to curry favor with toni bxtraon >> more fast. "mad money" 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 people want to make friends, i'm just trying to make you some money. my job is not just to entertain you, but to teach you. call me. or tweet me @jim cramer. you can always tell you have a decent market when after a big run, investors take a breather from buying the stocks people love
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and instead decide to scrutinize and snap up the stocks that have been left behind that defined the action today, a session where the dow inched up to an all-time high. s&p 1.9% the nasdaq climbed also. let's start with retail. down and out bricks and mortar merchants were able to score some buyers at last. why? because target turned out to be too negative early in the year when it forecasted negative same-store sales today when target announced it had positive same-store sales after all, gave you something to cheer about. buyers actually circled back to the entire group i'm going to have more on target's turn later tonight and whether it's real or not what really matters is this group has fallen so far behind
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the market, that people are finally at last willing to consider some buys newthat amazon prime day, the day that will live in brick and mortar infamy, is finally in the rear-view mirror in a bad market these stocks would never have any takers. markets led only by a handful of hot guys, like the faan guys a market that says, wait a second, maybe we've thrown the baby out with the bath water and this has to end. this is a good market. do i believe in the alleged turn in retail? i wouldn't go that far i simply want to remind you that not every company on earth can be amazon. although, still, i'm as beaten up as everybody else i'm only going to endorse three. home depot, walmart and tjx. all of them have amazon defenses home depot, during this season, is a gardener's and contractor's
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delight. hard to amazon gardening it is uniquely among all retails to household formation and increasing value of a home those clients, and more importantly, those demographic drivers, they can't be taken away by amazon so home depot remains -- even as some people think it's too expensive. walmart, this one is straightforward. a chain that was doing poorly, but improving thanks to bold steps in the management. understand ceo doug mcmillan, walmart's making major structural changes that will make it a better business. which is different from pretty much every other retailer out there. because the new walmart is superior to the old, that brings in buyers by comparison. mcmillan is making strategic moves to try to beat amazon at its own game he's got a balance sheet that can at least rival, or make the
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company worth rivaling of amazon, at least in stock buyers' names. finally, every retailer under the sun is discovering that if you close underperforming stores, you begin to have better numbers. with all the store closures, that leftover merchandise has to go somewhere usually it goes to tjx they close out for very little and mark it up and still is less than amazon. tjx. but wait a sec, before you trust me on this, we held it for too long we rode it up, made good sales, good profits, then we rode it down badly. and tjx has gone from a gain to a loss where i'm from that's an unpardonable sin but like i said yesterday, my club talk, i'm not giving up on my thesis. which is why the trust just bought some more tjx i believe in those three next group of down and outers to
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attract buyers incredibly, the oils talk about what has been an amazing bear market within a bull market. the oil stocks now, admittedly this is a nacit bit of buying, but the inability of the bears to get oil to crack down through 42 has led to a short covering rally in the crude market, which has now led to several days of increased prices in the oil stocks, and closing price of crude that's now north of 46. the idea that investors can even entertain purchasing these stocks and shares is remarkable. again, though, in real bull market like the one we have, investors take a look at what's been thrown away and they say, hey, before we shoot all these stocks, some have a rate of return they're not all going bankrupt let's get some in, buy some of
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these, that are actually making a lot of money the oil company that i follow here is apache, which is why my child trust owns this house in a real awful neighborhood. the thing can make $13 that's profit as long as oil stays in this region i think people will be surprised how much apache makes on their alpine discovery then again, though, like tjx, i've been saying this for months, and i've been wrong. notice i didn't say i've been early, like so many others do when they couch their losses i said i've been wrong you can argue that i should be disqualified from even opining about the oil stocks given how wrong that i've been on this one. all i can say is, that's a reasonable complaint but the thrust of my argument here is that in the last two days, a group of people decided that not everything in oil is
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worthless. if you want to know one that's not worthless, it is apache. another hated group catching it bid and seems to be breaking out, and that's the autos. and the auto relateds. now i'm starting to take a look, because you see gm flirting with 36 today people recognize that general motors is six times earnings, with the possibility of a better second half, it's just worth owning by the way, same for ford 5% yield. that's doing better. the fellow travelers are starting to do well. hertz has been climbing all week speaking of car dealers, auto nation's caught fire the most beatup group of all the auto parts dealers, they started this second round of sell-off, they are seeing their stocks soar higher over a long period, where a tsunami of sellers have visited them almost daily.
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lithia motor, just yesterday, it shocked people it was based near where my daughter lives in oregon again, lithia is the savior. people are saying we've been too negative on the auto and auto related stocks i think these are all big quirks in the big stockett market symphony they are only to be taken to the trading floor. that said, in my 37 years of experience on wall street, i can tell you, that what usually happens here is that literally, tomorrow morning, maybe monday, because a lot of people usually don't show up, but in the next 72 hours, the analysts who cover the stocks in the oils, in the retails, and in the autos, the three beaten down areas, they
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will be emboldened by what we call the action. so what will they do they'll come out of their foxholes, their fallout shelters and tell you to buy these down and out stocks the analysts will talk about all sorts of historical comparisons, both for the stocks themselves and the stocks versus the stock market they'll say target can be extrapolated to all retail and liftia to all autos. someone who has been a bear on energy will become a bull in the next 72 hours. there's more demand than we realize. others will come up with a thesis to buy chevron or occidental petroleum occidental boosted its dividend by a penny today you don't do that if you're in danger, do you and opec, sensing the right moment that a short squeeze in the oil pits will likely found new-found discipline in worldwide pricing. this will all happen i say enjoy the trades
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remember, though, this is a market that loves technology, health care, and thinks the industrials are about to have a renaissance. those are the major coarse in this market. oh, by the way, who knows, now that janet yellen is done talking, maybe they can rally on the earnings tomorrow. here's the bottom line, i like a market that rotates into the down and outers and embraces value, even without mergers and acquisitions i didn't think it could happen it makes you want to trust this rally more i trust it already but evidence of reform among the penalized, it's always welcome so, don't count on retail or the oils or the autos to remain this market leaders for long. because eventually this market's real generals will take back the baton and start sprinting again. let's start with steve in
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illinois steve? >> caller: hey, jim, how are you? >> i'm good. how are you? >> caller: great, thank you for taking my call. >> sure. >> caller: love the show. >> thank you. >> caller: my question is, c gate technology, symbol stx. i've been checking this out since the beginning of the year, posted january earnings run-up double top form, and retraced back to the beginning of the year levels. my question is, heading into earnings, which is in about two weeks, is this a good for setup on a short-term trade -- >> no, i don't trust this. there are too many analysts who came out and they said the margins are weakening. i prefer you to be in micron i would say western digital, but the stock has had such a big run. if you want to go a little bit longer term and not worry about the near term, the stock to buy is broadcom, avgo. marvin in arizona. marvin >> caller: thanks, jim, for taking my call.
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>> of course. >> caller: just checking i bought centurylink yesterday and trying to get your opinion on what you think of it. >> the other day i was dismissive of someone who bought it i was just running out of time i apologize to that person but i've liked suburban propane for a long time. i've disliked centurylink for a long time. why? when you get a 9% yield, that's what we call a red flag. that means they may not have the cash flow to cover it. i know they'll tell me i'm all washed up. but frontier felt that way, too. and i was right. i just admitted i was wrong on two big situations so i can claim when i'm right, too. how about diana in california? >> caller: hi, jim, thank you for all you do for all of us. >> thank you. >> caller: my question is about gilead science do i hold, sell or buy more? >> the stock down here, diana, it's too low but i have to tell you, it's not one of my faves.
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i like growth, and they have no growth and they didn't use all that cash to go buy some, which is what i've been saying they should do. let's go to alex in florida. alex >> caller: boo-yah, jim, how is it going >> good. i'm trying to focus on some of these down and outers. but don't want to get sucked in. what's up with you >> caller: great, man. i just wanted to get your take, i'm looking at the diversified portfolio. agr, wanted to get your take on them. >> what i want to do is do a takeout on it, because, why? because it's unusual to get all -- although what happened to arg, there may be more to it than i think 4% yield let me do some noodling. all right. i trust this market. and today should have given you a reason to trust it as well invest your snapped-up stocks
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that were left behind. and that's always the sign of health, not of weakness. i feel like you have a case of the mondays. not for long tonight i'm comparing two top players, transforming your office space, household names, you all know them. you'll want to sit down for this it's a furniture face-off! maybe a smackdown even target's business is picking up as i just mentioned. i'm going to investigate the group. and are the moves in the outer pharma giving you a headache what about that stock? stick with cramer. these days families want to be connected 24/7.
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new, more reliable equipment for your home. and a new culture built around customer service. it all adds up to our most reliable network ever. one that keeps you connected to what matters most. last night we sat down with brian walker, the ceo of hermann miller they make the chairs for the perfect lumbar support according to brian, this business has gotten a lot more upscale in the last few years. these days, more and more companies favor movable walls that can look great, or fancy cubicles, accompanied by space-age style chairs that's why hermann able was able
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to deliver such a stellar number last week. i believe brian walker when he says there's been a shift toward fancier office furniture job growth has been stellar. wages haven't rising anywhere near as fast as you might expect but creating a nicer work environment is a smart way to lure in more employees because it's much cheaper than paying your workers more money hearing from we heard from brian, i want to dig deeper into two of the largest players in this space, hermanman miller and mlhr, for you at-home gamers, and the other big gun, steel case, scs. i don't know if you know this company. it's based in grand rapids, michigan it's the world's leading maker of office environments they've been the furniture and architecture business for over a century. they're known for durability and
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reliability. we want to know which of these companies is winning the office furniture wars hermann miller and case, the former is a reputation for bringing in high-profile artists and designers. the latter uses their deep understanding of the patterns of work and work spaces to create high-end products. what this really means, though, is that a single office chair from herman miller and steelcase can set you back for $5,000. obviously it ain't cheap at the moment there are a bunch of secular trends here that should be benefiting both companies. first of all, there's the general improvement in the economy and employment along with the growth in commercial construction. a healthy economy translates into more business furniture we finally dug ourselves out of the hole from the financial crisis as long as we don't slip back into recession, things should remain small
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yellen or maybe her successor would endanger the economy here by unthinkingly raising interest rates too rapidly. there's been a major shift in companies. and how companies work that's thanks to the rise of the internet, along with social media and the cloud. these technologies made work more collaborative in this environment, the cubicle setup has started to be shunned. if offices want to attract talent, especially from the younger generation, they need furniture that has a more collaborative work environment to put it in the terms of seven courses in marks that i took at harvard? how did hermann miller and steelcase stack up next to each other? let's start with steelcase, sales down nearly 1% last year after being flat in 2015, down from 2.4% growth in 2014
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hermann miller's numbers tell a better story, up 5.7% last year down from 2015 it's basically in line with 6% growth from 2014 hermann miller has been doing much better. however, this year, could see something very different steelcase is expected do generate 2% growth for 2017. hermann miller is tracking 1% growth management said the sales will accelerate in the 2019 fiscal year that's not exactly soon. this is kind of what have you done for me lately market. i'll call this one a draw. how about earnings after growing nicely from 2013 through 2015, both companies stumbled hard last year. steelcase posted flat earnings, growth down from 16.9% in 2015 hermann miller were going up against a very tough comparison, 24% clip the year before the rear-view mirror doesn't
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tell us all that much. but when we look forward, hermann miller's earnings are expected to go higher this year, while steelcase will have a 9% earnings decline oh, man, ouch. that's certainly a point for hermann miller both stocks seem fairly cheap. hermann miller trading 4.6 times. that makes them much cheaper than the average stock in the market the more expensive than knoll and hni. two other major office furniture players. some people see steelcase as the ultimate turn-around play for the office while the company's u.s. business is decelerating for years. steelcase has been investing in manufacturing capacity and new workers to turn things around. that's why the areas have been less than stellar. hermann miller, on the other hand, has been trying to expand its consumer business, which mostly sells its products through design within reach, or
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as i call design not within reach, because the sticker shock for their gorgeous furniture can make your eyes pop out they kind of stumbled initially, but when opening new stores, launching new products, so far the focus on innovation is paying off hermann miller increased by 16% in the most recent quarter they've gotten aggressive about putting technology into their products what can we learn from their quarters we got results from steelcase and they posted a small top and bottom line miss with a much softer than expected outlet for the next quarter this quarter was painful with management talking about a weaker backlog in the americas on the conference call, they talked about the need to increase investment spending to keep up with structural changes in the industry, with steelcase being in the adjustable market they're not innovating fast
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enough to keep up with demand. the other thing is, while steelcase's newer products are doing better, they said their new furniture is more efficient. maybe customers will need to spend fewer dollars per worker even if they maintain their market share, their sales could go down. we tried to make sense of a difficult -- how could steelcase be doing so badly when every indicator suggests office furniture should be going strong it's now down a staggering 23% for the year over the last 12 months, steelcase is down, while hermann miller is up steelcase down 9%, miller up 15. over the last five years, how about that, steelcase gapedined 53%. the latter has done a lot better than the former, even as the core markets are indeed the same maybe we shouldn't have been surprised last week when hermann
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miller told a different story. company posted terrific 9% earning. the company was bolstered by the strength of the design, but hermann miller expressed plenty of confidence about office furniture. here's the bottom line in the office furniture showdown, hermann miller is beating steelcase hands down and with the stocks trading similar valuations, hermann miller looks way too cheap to me and should be bought steelcase, got a lot to prove. and so far, it's had an awful hard time. stick with cramer. much more "mad money" ahead. news for the retailers this morning, from target of all places does it mean worries over amazon are overblown? i'll give you my take. pharmaceuticals are down 40%
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year-to-date but a 15% rise just today? don't make a move before hearing my take. wrapping up for a second day of testimony on the hill, is your portfolio prepared for what's next think again. this is the new new york. we are building new airports all across the state. new roads and bridges.
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can target turn the tide in favor of brick and mortar retail for more than just a few days' run? today's shocking announcement to the upside, when was the last time you heard that from a retail chain, brings into question the perception that the whole industry is dying. it was big news. target posted positive same-store sales when management thought they previously would be negative something that would seem unimaginable if you mentioned it
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just yesterday especially in the year of amazon prime. good numbers in food and fashion. the former sign giving how food has been a real bow wow lately but, of course,there's always but with retail, will target be a low when things are better things have indeed improved a bit. nevertheless, we have to wonder if these gains will be target specific if that's the case, then it won't really help the rest of the group for more than a couple of days. worse, you could pick subpoenaing a little -- a lot less confidence inspiring. away from this pre-announcement that many others did i thought about it in the afternoon, thinking, what the heck is going on at target that they couldn't forecast correctly? everyone hates it when companies forecast up numbers and then they deliver down results. i get the impulse to underpromise and overdeliver but i have to wonder about target's kitchen sink approach
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in the beginning of the year, when it made its downbeat forecast that turned out to be so inaccurate. were they just sandbagging us? or really just clueless? we want retailers that have a good read on the future, goo crystal balls, because retail is all about forecasting. you forecast correctly, you'll have the right amount of inventory and the fewest markdowns. forecast incorrectly and you'll either have too much inventory, lots of markdowns, or too little not enough of the good stuff bad situation. i know brick and mortar merchandising is an art, not a science. that's very different from amazon where it's a total science and artificial intelligence decides everything. tough to beat, isn't it? more importantly, some retailers are just doing better than others as i mentioned earlier, i think the newly aggressive walmart is doing quite well like buying jet.com. we know costco is doing well, from the last number yet the biggest issue for me,
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with retail, is a simple one it relates to target's arrive forecasting. i have to wonder whether in this industry, will 2018 be a better year than 2017 it's the only industry i worry that way about with every stock that we own, say, from my charitable trust, i'm presuming that the answer is yes. next year will be a better year than this year we would never intentional own the stock of any company if they were forecasting down earnings year over year the reason target stock has been so low is precisely because the company said times will be worse, not better. for the record, the only company away from retail who told me the same tale of woe was ford motor when it forecasted down 2017 versus 2016. and you can see where that got that forecaster. fired. why is the stock at macy's so low? simple we don't know if it's going to have an up or down year next year the analysts are questioning the possibility of any growth at
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all. same with bed, bath and beyond, and a host of others i'm confident that costco and home depot will have up years. but that's a low bar so while target's news flash is certainly good for target, and long suffering shareholders, it's not necessarily good enough yet to ignite a sustainable rally in the group and the emphasis on the word sustainable. especially when it was target that set the low bar to begin with we want companies in retail to get better numbers in game-changing acquisitions other than walmart and amazon, there aren't many that fit that bill that's why i remain concerned longer term about retail sure, as i mentioned at the top, you're getting a good trade here but i think because of amazon, that's all it is a trade. not an investment. how about dave in illinois dave >> caller: dr. cramer. look, i would be remiss not to
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recognize the efforts of you and your staff two weeks ago for bringing us informative ceo interviews from goldman sachs, ibm, adobe, redhead, to name a few. >> thank you, dave and how about a question >> caller: yes jim, at a time when amazon is threatening to shake up food retailing, and blue apron's ipo is in the rear-view mirror, i wanted to circle back on a stock that you liked in the past three house foods based in illinois is trading slightly above the 50-day moving average. q-1 revenues and earnings reported early in may disappointed analyst estimates and the stock plunged 12% to a three-month low as your chart shows. so jim, am i barking up the wrong tree taking a bite of ths now trading at a discount. >> they're called al controversy or something, or teess
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dave, i've got to tell you i got burned bad on tree house i thought for sure coming into that last quarter it would be a good one, and it was a bad one i thought they were doing a lot of private label stuff for the big guys but in the end they are someone who provides food in the supermarket, the stock is trading back up. but they have a lot to prove, because, boy, that last quarter was awful. let's go to margaret in my home state of new jersey. margaret >> caller: hello, mr. cramer, how are you? >> i'm good, margaret, how about you? >> caller: good. i want to know about dollar tree it's down $30 from the last 12 months i can't see how amazon is hurting dollar tree. because amazon doesn't sell $1 items. what happened to dollar tree >> walmart got aggressive on price. fortunately re jeana, my executive producer knows exactly how nice and beautiful you can eat off the floor of a dollar tree although that's not something i wanted to do of eat off the
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floor of any store, including dollar tree. their numbers have been challenged and that could go for a trade after target, but not much more. how about that candy aisle at dollar tree? they have the cow tails that i love so much target's news flash is good for target it's just not good enough to feel so great about the group longer term. there's still very little to invest in. much more "mad money" ahead, including my take on another one that's been tough. another wild ride for shareholders today what should you make of the stock's roller coaster action? i'm going to give you my take. do your stocks have what it takes to survive the market? the "lightning round," stick with cramer! tomorrow, kick off the trading day with "squawk on the street."
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live from post 9 at the nyse >> they've got to do it when >> tonight >> tonight there's going to be a rumble >> tonight we're done here. tony and maria, signing off. >> it all starts at 9:00 a.m. eastern.
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sometimes, sometimes, a stock will come down so hard, and so fast, that it just takes your breath away and that's how i feel about the collapse in the stock of aldr pharmaceuticals. clinical stage biotech that's gotten a lot smaller in recent months in fact, after peaking at $55, roughly two years ago, including a decline over the past three weeks, they cut the stock in half just yesterday they lost nearly 20% of the value after the company announced a second offering, although it bounced back dramatically today. ten bucks a share, not that much of a discount.
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in a sense, though, a $10 secondary is a huge blow when you consider that alder became public at 10 bucks more than three years ago. one of the great bull markets in history. however, the stock caught fire after it priced a secondary, rallying 20%, but it does make you wonder, could the worst finally be over for a company that frankly i really liked? so close to where the company came public, it's worth asking if the stock might actually be worth buying down here bye-bye bye! it's possible. but i tell you what i think. let's go over exactly how alder biopharmaceuticals managed to get eviscerated. you need to understand the larger context of why i'm so, let's say concerned about biotechs and why i was concerned about this one in particular because this one really stung, and helped change my attitude toward these kinds of stocks alder is a development stage,
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that's important development stage biotech focused on using genetically designed antibodies. the lead drug is a migraine treatment that works by inhibiting protein causing migraines. company's also got a migraine prevention therapy in predevelopment, way, way -- beyond where we should even care about it yet and they've got an arthritis drug aside from the one preclinical meaning very early stage and other that they're licensed, alder is all about one compound, that migraine treatment. one shot on goal and the day-to-year seemed good until a few weeks ago. before i get into the decline, though, let me explain why so many people were excited about this stock, including yours truly. migraines are a serious problem, something that costs businesses
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$13 billion every year as a result of lost work days a drug that could prevent migraines would be very, very valuable not only for the people who suffer the condition, but also the employers. based on the data, alder's drug would probably be more effective than botox we've had alder's ceo on the show a couple of times in june of 2015, january of last year, both times i have to tell you, if you don't remember, i was very supportive of the stock. and it was a heck of a lot higher so i definitely need to eat some crow here about alder. from that last interview through today, alder's lost 58% of its value. mea culpa. this is why i try so hard to recommend small cap biotechs for speculation only meaning you should only ever buy them with money that you can afford to lose lesson for the show "mad money," i got this very wrong, and i know i said i am not going to go
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after these small biotechs with one drug again unless i say it's entirely speculative, and you can lose what you put in so what did go wrong here to cause the stock to go down so much in addition to the fact that there's been more competition that we expected with others working on their own preventive migraine drugs, what really happened in the last three weeks, on june 27th alder released the phase three results for the migraine three drug. they had a statistically significant number in migraine days per month, meaning the number of days where you have a migraine, the actual story was far more complicated than the headlines. in many ways, the numbers were good more than half the patients experienced a reduction in migraines the first day. a third of them experienced 75% reduction from week 4 through week 12. one in five patients saw 100% reduction in any given month
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the thing is, after the phase two trial results last year, those numbers were basically in line with expectations so the stock sold off. now, initially the analysts were quite bullish. only one wan bearish i thought i got this one right but that one negative piece from credit suisse seemed to carry the day and the stock got crushed. slashing the price target from 30 to 17 wow. the reason alder's drug showed an average placebo reduction of 1.1 migraine days per month, while the competitors averaged two days the thing that sets alder's drug apart is that it kicks in very rapidly, and for 20% of patients, it works incredibly well getting rid of all migraines. it may not be the best drug overall, but it might be the best for the 20% who need relief the analysts wrote, and i'll quote here, we see challenges in
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aldr getting their message through. especially in a market where there are multiple other well-established competitors ahead of them. with continued uncertainties around intellectual property and lack of details around a self-administration option, as well as additional financing in the near term, we find it difficult to continue to recommend the shares, end quote. in other words, the problem is they've got better funding competitors for drugs who will hit the market a year to 18 months before alder. competitors have drugs that on average work better, the other problem is, right now, you need to take the drug through an i.v. which is way less appealing to people than a self-injected version. even the bears here think the stock deserves to be a lot higher than it's currently trading. $18.70 before the results. now $12. that's after the stock rallied
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20% after the 15 million share secondary was priced the good news is with the secondary, the funding continues with the trials. where do i come down well, first, i was wrong and i've said that, mea culpa, but the bottom line, even after today's monster read, i think alder sold off too hard in the wake of the data released two weeks ago. migraines are a huge category. i think there's definitely a place for the drug even for the bears, they think it could be a $300 million annual peak sales. this is now just a $600 million company. at these levels, i think that alder could be a terrific takeover target if the drug works better i know the stock has burned people on the way down, but it's got a viable drug. we care about where stocks are going on the show, not where it's been. i think alder has been de-risked down here and i think it's worth speculating on "mad money" is back after the break. for your heart...
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it is time "lightning round"! are you ready? steve, the lightning round gary >> caller: jim, thanks for taking my call. >> of course. >> caller: i listen to your show constantly i'm a seasoned citizen >> so am i. >> caller: and i'm asking about xilynx. >> i like the pick brian in my home state of new jersey, ryan >> caller: jim, with the recent
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movement, i wanted to get your take on arena pharmaceuticals. >> they're back from the dead. positive news about pulmonary. i've got to tell you, let me just check, they did a secondary. raised the money huge market. i've got to tell you, it's still a buy. wow. how about richie in new york richie >> caller: boo-yah, jim! thank you for taking my call my stock is kender morgan. >> yeah. kender morgan, i'm not going back there after what they did, i was saying, listen, it takes the entire group to move up. that's going to trade with the group. i prefer magellan midstream. they've been on the show mmp a cheaper, better stock, okay? let's go to marina in florida. m rina >> caller: boo-yah mr. cramer, love your show love your book i just recently retired and in june i purchased a large amount of altrea and have done pretty
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well do i keep it in my portfolio for the long haul or take my profits and sell >> you're fine, i don't like to recommend tobacco stocks, but they're good had the bull pullback and it goes up. it's fine. let's go to ross in pennsylvania ross >> caller: hi, jim, first of all, thank you for all you do to help us guys. >> thank you, ross. >> caller: really terrific. >> thank you. >> caller: i'd like to buy you a beer in your own place some time. >> hey, man. >> caller: you made the money, so we can spend lots with you. >> thank you. >> caller: my problem stock is win ebeg oh. bought it two years ago. it was flatlined it went up 40% i sold it and then it went up another 50%. so i'm not happy with myself. >> no, come on, the quarter was good i liked ford all the way up, and then had it the not so good quarter.
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let's go to dave in kentucky david? >> caller: boo-yah, jim! the horse capital of the world. >> i love lexington so much. you are very lucky, sir. a great city >> caller: thank you i just got back from vacati vacationing, and considering bank of montreal. >> that's a great call one of my fave banks very good. very conservative bank i like the call. let's go to julian in california julian >> caller: boo-yah, mr. cramer i'm julian from san diego. i'm a first time caller and i thank you for taking my call. >> thank you. >> caller: i've been a fan of yours since cudlamb cramer days. many years. >> thank you. >> caller: anyway, i own searcher energy and i never hear you talk about it. >> i don't talk about it why don't i talk about it? i don't have a compelling story.
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it's fine. when a story is just fine and doesn't illuminate anything, i tend not to focus on it. that's a fine stock, what can i say. neither here nor there jeff in virginia >> caller: boo-yah, jim! how are you doing? >> good, how are you >> caller: i'm doing well here in hot and humid virginia. hey, it's been a year since i merged with market how does this new company look >> i look both of them as it turns out. i tried to get market on when they came public my old friend dan had a real situation. that, ladies and gentlemen, is the "lightning round"! move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim.
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see options data like never before. with thinkorswim only at td ameritrade. at the lexus golden opportunity sales event before it ends. choose from the is turbo, es 350 or nx turbo for $299 a month for 36 months if you lease now. experience amazing at your lexus dealer.
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target has everybody talking today. you got a momentary reprieve time will tell which of the retail stocks recover. but you know what makes for the perfect protection from this diversification. that's right, diversification. it can help protect you when the whole industry goes out of vogue. whether the sector be retail or oil or auto or any other one in bear market mode in a bull market that's why we play diversified give me a call or tweet me and tell me the top five holdings and i'll tell you if you're diversified enough and if you
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need to-sell sell sell boo-y boo-yah! mgm growth properties, am i diversified. really interesting okay mostly interesting because it's six stocks, not five but that's okay. i'm a forgiving person health care for pets this is a humanization that i love so much visa, people went, kelly is always welcome on the show, is doing a fantastic job. amgen properties, doing good activision, one company. mercado libre, latin america you have health care for pets, financial tech stock, a reit, a gaming, and, i don't know, ebay for latin.
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i'm going to say they're different enough why am i so puzzled here really expensive, really expensive, really expensive, really expensive it's almost like the diversification here is fine by sector, but man, these stocks are expensive. but i'm going to bless it. because they're in different sectors, even though they're going to trade similarly sharon in ohio >> caller: boo-yah, jim! >> boo-yah. >> caller: i watch you all the time it's so great being able to talk to you. >> thank you same. >> caller: i'm calling to see if i'm diversified. my stocks are sales force, crm, nike nke, disney, dis, camping world, cwh, and activision blizzard. >> liking the atvi camping market, in the tweet
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file today, jpmorgan had a really nice piece on it. the numbers are good things look great. we've got a good retailer. nike a shoe company, sales force, we were going to call a cloud company. disney is entertainment and -- there's two entertainments, i don't go for that. we'll add united health and then you'll be fine wow. that was fast. stick with cramer. day book-ended by surprises, the up sides from target this morning, and then at the close we got a down size surprise.
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i thought the groups had a terrific growth. a european problem for cyber arc, but it will bring down palo alto which i think is the strongest. there's always a bull market somewhere. i promise to try to find it for you right here on "mad money." i'll see you tomorrow! or fight each other for a deal. with a product she believes will help cat lovers everywhere. ♪ i'm rebecca rescate. i live in yardley, pennsylvania, with my family and my loving cat samantha. a few years ago, we were living in a tiny apartment in manhattan. problem was...as soon as you walked in our front door, you knew we had a cat. you could smell the litter box

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