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

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>> wasn't that good? >> great segment >> were you 62 then? >> excellent. >> verisign. >> i'm melissa lee join us tomorr f moworore "fast money. "mad money" with jim cramer starts right now 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. so that's it this is the end of the selloff it's over?
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many of them sure seemed to have developed some pep in their step today. a day where the dow gained 26 points, ninth straight record high s&p advanced 1.6%, first record close since july 26. and the nasdaq climbed 0.51% [ applause ] for the past couple of weeks, the dow jones average has captivated people throughout the country as it lunged through 22,000 level like it was child's play at the same time, the growth technology stocks, like f.a.n.g., have been under pressure, with lot theorizing it's game forever author these allegedly overvalued companies of course, the tech bears are not all that original. >> boo >> the narrative for this decline is always the same when the has dnasdaq peaked in h of 2000, lots of money flowed
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out of tech. all of the same old school stocks that people revert to when the tide goes out and the hyper growth stocks are revealed to be frothy and expensive but i love historical analogies as much as the next guy, i'm always trying to find patterns but history doesn't always repeat itself. in fact, there are times when it can lead you very much astray. for example, ifyou took your cue from 2000 when it comes to these red hot tech stocks, the history did lead you astray, because 2017 is a very different story. this morning, when i saw the reversal of money back into the high flyers, and they were flying from the get go, you know what i did i decided to google top, nasdaq,
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2000 so what comes up the stocks that crashed and burned back at the turn of the century, how overvalued they were and a couple of interesting articles, including a story written on march 20, they bucked the conventional wisdom. this suggested that maybe stocks weren't as overvalued. it was a brave analysis. and rational but i am sure the piece was scoffed at as soon as it hit whatever wire it was, because, well, it was written as soon as you write a piece like that, as soon as you say something like that, here's what happens. the scolds come out, and they tell us that the four most dangerous words in the lexicon are, "this time is different."
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nord, anyone who argues the high flying tech stocks have more room to run, that they're not due for a crash, is seen as being a fool, whistling past the graveyard, because history is supposed to repeat itself. [ whistling oh, sorry. so i decided to go back to see how f.a.n.g., facebook, amazon, netflix and google, was doing at that 15th anniversary when the piece was written. because it's an excellent illustration why you shouldn't take this too seriously. in march of 2015, facebook was trading at $81 now it's at $172 so you would have left $90 on the table because this time wasn't supposed to be different. more important, though, was facebook's stock even that expensive at that moment in time all right. it sure looked expensive facebook stock has always looked
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expensive from the day it was born but was it remember when you examined growth stocks, you need to look at what's known as the out years, the earnings and the future because the near term numbers don't capture the trajectory if you looked out a couple of years, you would have discovered facebook was trading at just 16 times its 2017 earnings estimates. i think those are low ball numbers, too but the point is, if you looked at the right metric two years ago, it would have been obvious facebook was much cheaper than it seemed. that's nothing like the has dak peaked in 2000 how about amazon amazon stock was trading at $369 when that piece came out you thought there would be a year 2000 reprieve, you missed a monster move, up to $992 as of today. now, this one is trickier. amazon isn't really judged on an
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earnings basis i'll talk about how it's valued later on the show. what you need to know is if you looked tat numbers alone two years ago, you would have missed that amazon was developing this cloud based web service business many of the smartest people i know say it's 40% of the value of the company given its growth and prospects. what's 40% of amazon worth right now? how about $395 that's right, the web services business alone is worth more than what the entire company was selling for a couple of years ago. how about the "n" in f.a.n.g.? netflix, in 2015, the company had 65 million subscribers at the time, there was a feeling it was stalling out. something that was dispelled the next quarter it jumped from $62 to $81 and change more importantly, not only did
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subscriber growth continue, but netflix conquered international. more than 50% of the current 103 million subskricribers are now m overseas, and the stock trades for $181 finally, there's google, now alphabet back then it was $555, now it's $945 still, let's perform the same exercise given the 2017 numbers we should use, the estimates and what's in the can, the stock is trading at 16 times earnings. it's dirt cheap, people. so before you takethe eternal pessimists of technology too seriously, they were saying the exact same thing more than two years ago. they were trying to get you out,
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they probably succeeded in a lot of cases when you look at the high profile of the f.a.n.g. stocks, the earnings have only accelera accelerated. the truth is, i can find plenty of stronger tech names than f.a.n.g. how about nvidia lots of people think it's the most outrageously valued stock on the market, accentuated by the fact that it took outits all-time high today. and the fact that i renamed my dog nvidia in march of 2015, what do you think it was trade at? six, six times earnings. yeah, the estimates were that low. way too low. oh, boy, it looked expensive turned out to be one of the greatest bargains of all-time.
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i don't want to scare you, but the same thing could happen again. oh, maybe it won't be different. now, look, i'm not saying you should only own these high flying tech stocks i said this very weekend, i had to dispel someone of this knowledge by photo bombing them. it's absurd. if you want the best growth right now, you have to look in aerospace. i think boeing is undervalued here the cheapest aerospace stock was rockwell collins, trading at $109 at the time today, united technologies might be buying that country outright. i think united technologies could easily pay $140 a share, well above the current price, to make it work for utx shareholders greg hayes, i'm talking to you he's the ceo i'm not wedded to tech alone, i'm just making the point we need to stop thinking of these
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tech stocks as being dangerous land mines that could detonate upon contact the last time everyone freaked out about the nasdaq's valuation in 2015, it was an amazing big opportunity, as the stocks turned out to be cheat the bottom line, as long as you remember that history doesn't necessarily have to repeat itself, you might want to buy one of these tech stocks on the next dip otherwise, maybe you're missing an opportunity, and this opportunity only gets better when the high flyers pull back and everyone starts freaking out. let's go to carol in florida carol. >> caller: hi, jim thanks for taking my call. >> of course >> caller: i'm a long-time holder of office depot, and it's finally coming back to life but still not great. do you think there's hope for them >> you know, it's at a 52-week high i never want to say all you can
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lose is $6, because you can lose $6 but i thinkit's fine to me, though, i would just not a lot there. all right. that's all show wrote. history doesn't always repeat itself now you know the next dip is an opportunity. on "mad money" tonight, the stock remains stagnant is the botox maker frozen? i'm eyeing the fine lines of the earn wgs the ceo and why netflix and amazon have defied wall street rules and whether tesla will continue to defy it, too and snap-on tools have been experiencing a snapback in shares but could the company's $500 million buyback announcement today give you more confidence in the stock let's talk to the ceo. and stick with cramer. >> don't miss a second of "mad money. follow @jimcramer at twitter have a question? tweet cramer at #madtweets
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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. at ally, we're doing digital financial services right. but if that's not enough, we have 7500 allys looking out for one thing, you. call in the next ten minutes to save on... and if that's not enough, we'll look after your every dollar. put down the phone. and if that's not enough, we'll look after your every cent. grab your wallet. access denied. and if that's still not enough to help you save... ooo i need these! we'll just bring out the snowplow. you don't need those! we'll do anything, seriously anything, to help our customers. thanks. ally. do it right.
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♪ what's happening with allergen the drug company with ahuge medical esthetics business that you know we love we own it for my charitable trust because it's some of the best growth in the industry. all together, it could be worth $13 billion in peak sales. the company also got a long history of thrivering excellent results. last thursday, it delivered a ten cents earnings off of a 392 basis. management raised their full-year guidance however, the stock has barely budged now it's down from where it was trading before the company reported isn't the company getting -- let's just say it's not getting the credit it deserves let's take a holook with the ce
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of the company i am a little incensed with your stock, i was looking at pfizer and bristol. a 3% yield should not protect anyone i'm trying to understand this. you have a stake in teba every day it goes down it hurts your stock can't you just dump it >> we do own a small dollar value of teba. it's about 10%, a couple billion dollars and we have several billion in cash, and we do -- when we did the deal with teba over a year ago, we were locked up for one year. the one year just expired a few days ago we've been clear from the day we took the teba position that we would not be long-term holders however, we're responsible
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stewards we'll sell the stock over the next few quarters in a responsible way. i'm not sure selling -- >> i have spent hours since you reported trying to figure out the valuation. most companies do not have as much in the pipe most of the drugs people have in the pipe aren't as big as yours. so it was the only thing i could come up with >> trading on the stock market valuation of teba for allergan doesn't make a lot of sense to me >> i want to talk about these drugs. market size opportunity and where you are. >> so probably the two biggest are repastino, which is in phase three. this is our novel depression drug it could be a game changer in depression >> i.v >> it's about 30-second injection. it's not like sitting with a bag
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for hours. we know that can be delivered in the psychiatrist's office, and there's a whole infrastructure around the world for home infusion, as well as infusion centers. so people should we couldn't do injections for migraines and we do that just fine. so that shouldn't be an issue. the data is replicated from phase two to phase three it won't be a game changer in a huge market. the others are oral cprg compounds. we have two of them. >> english, english. >> one for prophylaxis, one for chronic. both in late stage testing we have a couple thousand patients enrolled. they're proceeding ahead of schedule the safety looks really good so far. and so we'll get results next year both could be game changers. the migraine market is massive there's this whole new chlass o
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drugs coming these will be the only orals people prefer orals opposed to injections we have a small molecule following. >> medical, i don't think people understand medical esthetics you said something that made me think, your company may be the selfie generation drug company, because you said both males, but millennials are doing this that was not the case for people who -- when i was a millennial age. how is that happening? >> let's just take the market in the united states. 30 million people consider esthetic applications today, roughly. 30 million people. only 3 million receive so we haven't even penetrated the market and we could double that 30 million to 60 million. >> and these are people that don't have to worry about medicare it's all cash. >> now, within that 3 million that are considering, we see two
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new groups starting to emerge. millennials, which account for maybe 10%, 15% of the 3 million, and males, which account for 10%, 15% so both relatively new to that 3 million group. but growing quickly. and so yes, maybe the selfie generation has alot to do with it >> okay. now, there's also -- you were a little disappointed with cybella, but you think you can get it going >> we're not disappointed. as a drug, it's delivering exactly what it spended to eino which is reduction of the double chin it works there's enough use out there that we know it works. we are creating a newmarket, the lower face you've said, and i use it all the time, that allergan owns the face >> you do. >> it takes some time. it took us a long time to develop the upper face, several years.
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scoping for fat reduction has been around seven, eight years we're just hitting our stride. these new markets take a few years to develop but cybela works, and the injectors are getting comfortable. >> last thing, fda, the whole scheme of affordable health care, obamacare, where do you fit in and what do you see happening? >> i applaud all the efforts to make medicine more affordable and accessible you know allergan has been a leader in this we did have social contract almost a year ago, an idea stimulated right here on "mad money" when you asked me about that that really got me thinking about it and so what we're seeing in this administration is constructive the things that secretary pryce is doing, commissioner gottlieb to look at how we stimulate competition and break down the
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barriers that are artificial that cause high drug prices. but we have to also make sure there's an incentive to investor innovation we have to solve your larng jit -- laryngitis >> yes, please i don't understand the valuation, other than to tell you it's too cheap "mad money" is back after the break. coming up, the internet of things is arriving fast. but after a big drop last week, is it time to disconnect from sierra wireless? >> that was a steep decline. >> cramer sits down with the ceo, when "mad money" returns.
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so that's the idea. what do you think? hate to play devil's advocate but... i kind of feel like it's a game changer. i wouldn't go that far. are you there? he's probably on mute. yeah... gary won't like it. why? because he's gary. (phone ringing) what? keep going! yeah... (laughs) (voice on phone) it's not millennial enough. there are a lot of ways to say no.
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thank you so much. thank you! so we're doing it. yes! start saying yes to your company's best ideas. let us help with money and know-how, so you can get business done. american express open. ♪ in the stock business, i wrote a fabulous book, how to use what
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you already know to make money in the market by peter lynch if you don't know lynch, he's a legendary mutual fund manager who ran the magellan fund for fidelity, created wealth for millions of people i liked lynch so much that even when i was living out of my car, i still contributed $100 a month to him and on friday night's show, i talked about the need to invest money for your kids. put it into a 529 plan back on topic, lynch's book changed everything for me. he had a simple precept, which is if you keep your eyes open and like a product or a store or some sort of experience, you may just have a profitable investment on your hands the people who are use thing
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method to buy stocks should really read it, because then you'll discover that your personal knowledge and observations are a good place to start when investing in a country. you have to do some homework you shouldn't just buy the stock of something you love without doing research if you don't have the time or inclinician to do that, don't know when to sell? that's okay. it's easier to do the homework, you should put your money in a mutual fund or just an index fund of your own choose. a simple s&p 500 will do but a funny thing happened the homework has in some cases kept you out of stocks that you might otherwise have owned and made fortunes in in the last few years, we've seen three companies pass the first test but they had to be bought any way, amazon, netflix and tesla for years, amazon spent more
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than it had and relied on the kindness of the financial markets to stay afloat because investors believed in the investment model most of the smart people i talked to never believed in amazon but the love for the product and the genius of the man behind it drove the stock to where it is today. one of the greatest runs of all time netflix is no different. who doesn't love netflix again, if you did the work, well, or you looked at the fundamentals, you would find a real money loser making things even more difficult on the recent conference call, the ceo championed the notion that negative free cash flow will be an indicator of enormous success, his quote i don't think that would pass the lynch test now along comes tesla's ceo elon musk with his $1.5 billion bond
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offering announced today one of many deals this company has used to finance growth tesla is doing this deal to raise money to produce the model three. like amazon prime, like netflix, the product that is tesla, the car, is loved. but whoa, it's almost impossible to tell how much money tesla makes per car, if anything nor is it possible to define the future of the company. it could be the next amazon, a tech company that sells cars in other words, the homework kept you out of the stock, not in the hazard of the business what are we supposed to make of these? just suspend judgment when we find something we love with a stock attached to it i'm stuck on the second part of the test it's been a mistake not to only those thee for certain
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but at the same time, tesla has kept you out of many loser i wish i had an answer maybe just sake some real mad money and buy one of them. that's been my view for some time, even as i always say you need to know your own risk tolerance, no matter the fact is, some stories flunk the near-term fundamentals, even as they triumph over the long-term. you have these three that have already done so. for all i can tell, the third will, too. jerome in ohio, jerome >> caller: how are you doing, buddy? >> good, how about you >> caller: i'm all right i'm trying to be as good as you do >> you can definitely beat me in my voice i need a new voice go ahead >> caller: my question is about himx they have no debt, raised their dividend
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they got most compact 3-d sensing. this company has a lot going for it what do you think? >> it does sell at a high price-to-earnings ratio in a market that doesn't tolerate that so it's a very, very hot -- not over, but highly valued stock, and that's been scaring people because if you miss the number, you're crushed brian in illinois, brian >> caller: a big boo-yah from chicago, cramer. my question is about ferrari the price is up 130% over the last year, trading at a p.e. of 41 is it going to continue racing up >> we did a piece probably, i don't know, when it was at around 60. and we thought the prospects are fabulous for multiyear the fact is, it's a great situation, and a great company netflix, amazon, and tesla
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may not pass the peter lynch test, but at least two of them are still worth buying much more ahead, including my one on one with the ceo of snap-on. could the company's buyback help the company snap out of it and is it time to consider a player that's down but maybe not out? don't miss my exclusive. and only your calls in tonight's edition of "the lightning round. so stick with cramer what if we could bring you better value
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♪ what do we do with a stock of a company like snap-on, which makes power tools for a host of
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different industries, even the military year after year, it's been a winner but since the beginning of 2017, i don't know so far the stock's down nearly 10%. many of the analysts who cover it tell me we have to be a little more careful. last month, the company reported a company that was not that well received even though it beat wall street earnings estimates, the company's core tool business did see tepid sales and the stock lost more than 4% of its value since then, it's been marking time until this morning when the company announced a $500 million buyback. clearly, management believes in the business, so is the stock ready to make a comeback let's big deep we are the ceo. welcome back to "mad money." >> good to see you >> nick, in the conference call, you used the word "tepid" thee times. for someone like me that's been
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a supporter, i was -- i found it disconcerting. >> okay. >> and what has changed since then that you decided to put the big buyback in and are you feeling about the core tools process this >> look, i feelgood on the call i used tepid a couple of times, but i think obviously there are understandable questions about the tools group, the sales were down some. but i think the questions on the performance, i mean, the good things about the performance, the strengths in the performance, greatly outweigh the negatives. the cni business, the critical industries business, rolling the snap-on brand out of the garage, up 8.5% as reported. and shows an acceleration of growth over the last several quarters pretty good news for us. >> frankly, you brought it up. you were not happy with tool storage, and that's a big business >> i wasn't. >> if you're not happy with it, then i'm not happy in it >> but i have confidence in our
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business the tools business was down primarily because of tool storage. that has to dowith how do you get people to say, i've already got a toolbox, i can't live without that new one and it has to do with the new product. we weren't that effective in the new product. >> is it too expensive black and decker was pretty bullish on this end. >> we think the market is pretty strong the good news is the vehicle repair market is pretty strong look at our rsni business. up 8.3% this quarter after 7.8% the quarter before that. and if you want a business that you feel good about, think about that business. software based 40% software every time we sell a diagnostic unit, it ignites a mum of upd sf updates in terms of software >> the stock is trading with
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autozone, advanced auto parts and o'reilly why is that wrong? why should it not trade with those? >> fundamentally, we're not in that kind of -- fundamentally, we are about auto repair we're not in dyi >> and all those are >> dyi, and we're an auto repair distinctly if you looked at our businesses, you would say we have tremendous strength 19.9% was the operating income margin in the quarter, the highest ever up 80 basis points, and we made some acquisitions over the last year, which created a head wind against that 80 basis points so if you want to look at just earnings, the cools group was down we could say the tools group was slim, but their o.i. margin was up 120 basis points because of the new product they sold sold
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at such great margins >> will you be in to sop up some of the sellers that seem to be meeting on the side? >> i don't think we'll talk about our behavior associated with this. but it says we have confidence in our business. >> that is what it says. >> i can tell you this, this you're talking about the tools group, they have never been physically stronger than today our franchisees have never been stronger they've been growing year after year after year. >> but you did change the credit policy >> we did. what happened was, we always -- we regularly restrike the credit and take a look at it and adjust it what we found was, there were certain customers that, to our franchisees looked good, because in the garage itself they had great reputations. but before they might have defaulted on something
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they weren't working out for some of our fran cheese echisefs others wereable to decide who to henld to. the air strikes are called in by franchisees, and these guys, maybe we need to say for this type of customer, cut back a little >> i want to talk about wisconsin. president comes, says listen, this is a made in america company. foxconn has come to wisconsin. i don't think these things would have happened if not for what you do >> that's what governor walker did and the chairman of foxconn said that. i can tell you, wisconsin is a great place for a workforce. the power of place is important for companies. and we have access to some of the best workers in the world because of the schools there the university of wisconsin, marquette, other schools
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a great -- the oldest community college system in the country. so our people there are strong and capable. >> let's leave it on that note with the ceo of snap-on tools. "mad money" is back after the break. (burke) at farmers, we've seen almost everything so we know how to cover almost anything. even a swing set standoff. and we covered it, july first, twenty-fifteen. talk to farmers. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪
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we take no prisoners we love coach, the staff, the fans because we love you. let's get in here! one, two, three -- >> okay. here you go. coach peterson, howie roseman, the whole team, the owner of the franchise let me address the team of the philadelphia eagles on friday. and i wanted to explain philadelphia is a hard town, so you have to overpromise and underdeliver, which is what we
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look for when we try to find ceos that know what they're doing. and now it is time for the lightning round. [ indiscernible [ buzzer ] and then the lightning round is over are you ready, skedaddy. time for the lightning round peter in florida, peter. >> caller: hi. >> hi. >> caller: this is peter from naples, florida. >> excellent to have you on the show >> caller: jim, i was wondering, i had bought blue apron about a week after the initial ipo and obviously it's down. i keep watching it go further and further down do i dump it and take my lumps >> yeah, i would i don't see a lot of upside. it reminds me of other failed deals. phil in florida, phil. >> caller: boo-yah, jim, from florida. looking at ipp they fell off the cliff. >> it's an inexpensive stock
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i don't know, the quarter was fine there's no catalyst. john in florida, john. >> caller: thank you for taking my call, jim i haven't heard you talk about eaton corps for a while. >> it wasn't a great quarter we like a 3-m or honeywell not good enough. paul in texas, paul. >> caller: boo-yah, jim. >> boo-yah >> caller: my stock is dva >> look, if we're going to go there we're going to go with one of the killer bs kevin in illinois, kevin >> caller: jimmy, help me out with puma biotechnologies. >> oh, boy, you play with fire when you play with those stocks. we know that these are very, very hard. you are looking at a big run, and i think it's time to -- diane in michigan, diana
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>> caller: hi, jim i've had this for a long time, among other tobacco stocks but with more restrictions coming out now, is now the time to sell or should i keep on solding? >> which one was it? oh, morris no, don't sell it. i think it's the better of the two. [ buzzer ] i would not sell that here i think the dollar is getting very weak still. john in tennessee, john. >> caller: jim bow, for all you, this boo-yah is for you. >> thank you >> caller: urbach of the truck and throw some more masimo into it >> and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade you know that thinkorswim seamlessly syncs across all your devices, right?
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now that so much of tech seems to be getting its groove back, we need to address the stunning declines here on wireless here's a company that's a pure play on things, we love that helps all sorts of devices to connect to the web sierra wireless had been on fire until last thursday when it lost 20% of its value in a single session. while sierra wireless reported a
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strong quarter the day before, higher than expected revenue, management's guidance for next quarter was disappointing. the same day, we learned that sierra wireless is buying numerics, another machine-to-machine communications play. this deal was not well received by some analysts fretting there's too much integration risks. still, this red hot stock has come down dramatically let's check in with the president and ceo of sierra wireless welcome to "mad money. >> thanks, jim >> so i went over the call i hike to read them in a vacuum. it was a very, very strong quarter. you had a lot of good wins and potential for even more wins so tell people what are the markets you're excited about, what you do. >> so a little bit about the business
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we help oems, equipment manufacturers and enterprises connect their machines to the internet first to cellular networks and ultimately the internet. we're the world leader in that space. we do that through a series of equipment, so embedded devices that go inside machines like cars and back end cloud services to manage those devices and to get that information back to their back end services. >> so volkswagen selects you what are they doing? >> if you have a volkswagen starting in 2018, you would take advantage of the concierge services that you access through your head unit, and we're providing the connection behind those services so you the driver get connected.
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>> if you've got that, there's a possibility for more deals like that >> we already have quite a few automotive deals it's a key select growth for the company. it's a market only 13% penetr e penetrated today >> energy, very important for you. describe where you fit in the food chain >> it's primarily at the smart meter. think about meter manufacturers. no longer does the meter reader have to come back out to your home we provide that company -- >> they still do for me. we talked about it with my wife. why is it right there? she said for the meter reader. >> this is going to change, for sure and then further into the grid, there's lots of work to do in terms of modernizing the grid to make it more efficient >> now, this acquisition made, here's a paradigm capital, large
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transacti transaction, not a lot of growth why buy numerics >> so we have a stated strategic intent we're big in devices we've got a small position in providing connectivity and cloud services we want to get that to 10% plus of revenue we've been very clear on that desire numerics helps us to get there we triple our revenue with recurring service services >> and they didn't seem to have that much organic growth to me is that a concern? >> they've been going through a transition we're realistic about the challenge. i think we bought well, and i think that the worst of the
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transition is behind them. that's our call. >> okay. >> and i think that once we have that asset inside, we can focus on growing >> so you've also looked at these ahead of time. >> of course >> when you see the downgrades, you get nervous, right i'm trying to figure out, that was a very steep decline so i can't find anything wrong with the core business >> there's nothing wrong with the core business. i think we get a lot of kudos. >> when you get a downgrade, i always try to look at these things there's a sense that some people are saying how many customers? you have thousands of customers. >> thousands of customers, we ship millions of devices every year every one of them needs to be connected to a cellular service. why not us and you have shipped 130 million devices worldwide. why did you describe the market
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as only a $3 million market. >> in 2015, that's the way we would size the market. th two thivengs a two things are happening we're exposing ourselves to a much bigger part of the value chain. we now size our market opportunity at $30 billion >> haslast question. honeywell has devices where you can change the thermostat remotely is that you? >> we work with honeywell security so those alarm panels that go in your home are connected over cellular using sierra wireless >> very good because i got the whole suite, so i know that that's the president and ceo of sierra wireless. i don't really get the decline, and after listening to jason, i still don't get the decline. stick with cramer. ven trouble w.
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first off, you must watch my interview tomorrow at 11:30 a.m. eastern. second, happy birthday, will and sierra eisen happy birthday, bill griffin fifth, american greed. john fox, who owned the popular wine store premiere crew duped his customers out of $55 million, leaving them tasting the grapes of wrath. don't miss this story of greed tonight at 10:00 p.m. eastern. > we're going to talk more about that tomorrow. nvidia, all-time high. i don't think it's done. what can i say it's still the greatest semi conductor story out there. 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'll see you tomorrow
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our phones have evolved, isn't time our networks did too? introducing america's largest, most reliable 4g lte combined with the most wifi hotspots. xfinity mobile. call or go to xfinitymobile.com. >> 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." ♪ who set out to solve a problem she faced as a mom. ♪ hi. i'm ginelle. i am the owner of cool wazoo. i'm here seeking $65,000 in exchange for 25% equity in my company. when my daughter was younger,

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