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tv   Mad Money  CNBC  August 8, 2017 6:00pm-7:00pm EDT

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>> dan. >> disney, i'm going to start picking them on the long side at is 100 bucks. >> i thought micon traded well today. >> i'm melissa lee thanks so much for watching. we'll see you back here tomorrow at 5:00tarts right now my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. has this market, has this stock market finally stopped freaking out about the onslaught
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of digital competition that's slamming into so much of retail? have we gotten a little more rational about this issue? on a day when the dow lost 33 points, breaking its ten-day winning streak that's largely because president trump's statement about meeting north korean threats with fire and fury surprised investors aren't in love with the idea of nuclear war. i think the market is starting to behave logically when it comes to many phases of retail, which had been in a bear market. take the relationship between amazon and its brick and mortar competitors. just a few weeks ago, the consensus was that amazon was poised to destroy everything retail i mean, everything every brick and mortar store and every supplier we stopped discerning among different parts of the retail food chain and assumed it's game over for the whole sector
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and look, no one is denying that amazon is incredibly powerful, but many blind sided retail ceos have finally begun to come to terms with the new reality, and now they're fighting back. and in some cases with some early success. today we saw some glaringly positive results from ralph loren. it's clear they're no longer acting like startled deer in amazon's headlights. hence why the stock of coors rallied for 21%. ralph loren's shares jumped $10.38, 13%. these are the kind of gains you see for takeovers. neither of these companies reported the positive same store sales numbers, but the management is acting like they have a clue and arresting the decline is the first step in turning it around. they have tried to reposition their brands as more upscale,
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that's important kors spent a lot of time talking about its digital flagship stores and customization and fashion engagement that rang true and are very good defenses against amazon meanwhile, they're using their balance sheet to buy jimmy chu i believe kors paid too much, given where that property traded before when mall retail was more powerful the company admitted the acquisition will be dluted f ed a couple of years. kors itself is getting savvy about what it can do online. the conference call was littered with digital initiatives listen to this -
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wow! i practically cheered when i heard that these kinds of old school apparel companies need to make smart partnerships if they're going to have any hope of keeping amazon at bay. at the same time, i loved the ralph lauren call, buecause the are getting more digital religion many other retails that buy lauren's stuff wholesale and offering a discount to hurt it and that hurts the brand the new ceo told us, and i quote, we are focused on exploring our opportunities and becoming more digital and more global that could blunt the impact of the brute force trauma that amazon inflicts so well. later in the call, the cfo said -
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>> i say, amen at last! that's terrific. save a lot of money. she goes on, and i quote - >> amen! these are all the things that amazon is so great at. it's why we all go to amazon the only way to beat amazon is by becoming more like amazon while this is good news for kors and ralph lauren, the markets were becoming more discerning how much damage amazon can do to everybody. kors and ralph lauren are big suppliers to retailers, but they aren't on the mall hook like so many other players they joined pvh, the f-corps,
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coach as companies that are embracing the web and making necessary changes in the business unlike almost all of retail, all of their stocks have bottomed and have been flying high ever since. it's important to point out that of all these companies, every one of them, think calvin klein, think pvh, saw so much of this coming that's why he made amazon such a huge distribution channel for his business and a big reason his stock is up 37.7% this year, to a new high today. i've been adamant that some retailers are a lot harder for amazon to kill than others home depot, which faces no real amazon pressure, has seen the stock climb of late. same goes with children's place, a stock that's up huge i wish it wasn't running so hot going into the quarter, but people know the company's
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competitor is on the ropes recently, jpmorgan's matthew boss has been saying chains like tjx deserve to be higher and i also think that wu is having a real good quarter and we know that some companies like clorox have embraced digital. we know amazon is still out there lurking. cvs reported a good number today, but not a great one and it's clear that amazon is cutting into their business. the forecast reflects that not so much going into the drug business itself, though. i don't want to be in any stock that sells a lot of food here, except for walmart walmart is the only one with the backing to with stand the onslaught. i am glad to see the costco stock -- i regard that as a membership club and it could be
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under pressure once amazon cranks up whole foods. plus, it's not just the retail business that's showing strength versus digital anyone who listened to the excellent cvs conference call yesterday knows they're repositioning from advertising to making money in many venues, including the internet i took notice that the market cap is $28 billion versus $78 billion for netflix. i have to wonder if it made investors feel like netflix stock is overvalued, hence the decline today. and it's sinking more in the after hours on the news that disney is ending its movie deal with netflix in 2019 in part so it can do its own streaming service. although that news isn't stopping disney stock itself from declining
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even as the earnings were better than expected. i am to the saying amazon's finally in the rear-view mirror. i just think that some retailers can survive their onslaught a lot better than others, and at last the stock market has started to figure that out rhonda in kansas, rhonda >> caller: hi, jim, boo-yah. >> boo-yah >> caller: jim, your thoughts, nafta renegotiation, the impact on auto manufacturers, auto supply manufacturers >> well, you know, we had magna on recently. look, they're very much involved in this. i felt pretty confident after listening to them that there won't be any real hit here that said, i don't like the auto business it just doesn't act well the numbers aren't there. sherry in florida, sherry. >> caller: hi, jim, thank you for taking my call i think you and your team are amazing and you've really got my
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back and i really count on you my question is, given the recent situation with wells fargo bank, i had acquired a few years ago and i'm wondering being that i'm disabled and on a fixed income if i should buy, hold, or sell the stock? >> look, my charitable trust owns it. i'm going to discuss it tomorrow at 11:30 i'm very disappointed in that company. very disappointed in the board things keep popping up over and over again i've been selling the stock for the charitable trust i think that there are other banks that are much better i think citi appears much better than wells people that work on the board of wells should be ashamed of themselves i think the government should investigate them what were they doing it's bad there larry in massachusetts, larry. >> caller: jim, hope you're feeling better >> i'm trying. i get this laryngitis every
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year i can't stop it. four times a year. >> caller: bob mcgrass from sesame street told me to gargle with gin to help the vocal cords. >> i did that on saturday, but a lot of it got swallowed. i used the bombay, i used some brooklyn gin and i also used the one -- hendricks. and they all seem to work the same >> caller: i hope they're working. >> oh, they were working [ laughter ] i got pictures to show they were working. go ahead, i'm sorry. got a little gin-soaked distracted there >> caller: talk to me about restaurants. i took a small position in darden, the end of last month thinking the 10% selloff was overdone and the guidance was conservative because of the
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folding of cheddar's, and the renewed dividend increases made it fit for my retirement account. is the 6% drop in opportunity or should i cut and take domino's >> i have to do some work. the chart is horrible. that's what is disturbing people but that stock has come down very hard and they have done a lot of good things there i know that mcdonald's is saying maybe that's not the sweet spot, but the yield is 3%. maybe you start there. not a bad idea maybe i'll have a gin to think about it, always with boutique tonic. that's what is key move over, amazon. it just turns out the retail behemoth isn't hurting business as much as it's hurting stocks and the market is catching on to that on "mad money" tonight, credit or forget it then, do we finally have some good intel
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i'm eyeing the tech giant to see how its purchase of mobile-i closed today and there's one area of the transports that keeps on trucking stay with cramer >> don't miss a second of "mad money. follow @jimcramer at twitter have a question? tweet cramer at #madtweets 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. hi.
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getting us back on track and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save when you choose by the gig or unlimited. call or go to xfinitymobile.com. xfinity mobile. it's a new kind of network, designed to save you money. i've always looked for big themes powerful, long-term secular growth trends that can propel stocks higher year after year after year not saying you don't have to think about them, but you know that you can buy them. right now one of my favorite things is the switch from paper currency to plastic. credit card continue to take market share from cash all over
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the world. as we move closer to a cashless society, i want to go to bob lang, founder of explosiveoptio explosiveoptio explosiveoptions.net i want to get a better sense of what's happening with visa, mastercard, american express, and discover some of these are doing quite well others not so well but i think the theme is hard to deny, as total credit card debt just surpassed its previous record from right before the financial crisis that may not seem encouraging to some of you. but i think plastic has a long way to go before it hits a wall. just a couple of weeks ago, visa announced they're going the pay visa thousands of dollars to buy the technology they need to go cashless visa takes a small cut of every transaction made, a few thousand
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bucks is a small price to make to wean off of cash. as the economy expands, the more people qualify for credit. and if we can get some meaningful deregulation, banks could become more aggressive about getting consumers hooked on credit card debt. they partner with the banks, and they let the banks take on the credit risk. that's why we call them thin tech if washington gives the banks more latitude, maybe that will translate to higher earnings that's one reason so many of the credit card stocks have been running here they aren't that expensive discover, on the other hand, stumbled of late which of these names might have more room to run let's start by taking a look at the daily chart of one of my
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absolute favorite stocks, visa, the top dog in group, with a stock that hit a all-time high today. visa is one of the hottest components in the dow jones, a lot of people feel it's responsible from the dow's run from 21,000 to 22,000. that's boeing, too visa is up nearly 30% for the year that is big. that's perfect, isn't it every time visa has pulled back to its short term 50-day moving average, that's the blue line, that's been an extraordinary buying opportunity look how right that's been wow. for example, about a month ago, the stock sold off to the low 90s. since then, it's rallied up to 101 and change it has these big spurts and you don't want to chase, you want to wait not only has been visa rallying hard, but it's done so on strong volume
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to a technician, high volume is like a lie detector. put it together, and he thinks visa is the best name in the group. i would like to catch it right here, because the market seems to have started a downdraft. how about the daily chart of masterca mastercard, second largest credit card company, also been an amazing performer it's an amazing company. it's been a nice long-term winner for the portfolio another beautiful chart, thin tech now, just like visa, mastercard's stock has been on fire when you look at the indicator to detect changes in the
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trajectory, it's still in overbought territory, meaning mastercard may have come up too far too fast when a stock is overbought, it might need to come down a little to digest its recent gains then there's the taking money flow, the cmf. that's an oscillator that measures the level of buying and selling pressure in a stock. look at this this suggests the big hedge funds remain interested. today they're right under the market, all set to buy i watch it really closely and it never seems to go down a point or two i would like to see mastercard pull back to its 50-day moving afternoon, but giving that mastercard is doing quite well, might have to wait a long time for that decline there's always buyers in this
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stock underneath they lurk. what about american express? after years of disappointing investors, american express turned itself around last year and the turn just keeps on getting better that's why the stock has been such a fabulous tear the oscillator remains strong here volume just keeps creeping higher he also sees a cup and handle pattern, but i think it looks more like a ladle. the action looks kind of like a cup, then it trades sideways this is one of the most reliable chart formations around. put it together, and now that american express has broken out above 85, lang is betting it can reach 100 soon this of the thee is the one they want right now finally, we've got to address --
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look at discover financial services this stock is down 14% year-to-date he thinks it's likely to remain an underperformer here it's made a series of lower lows and low highs. taking money flow, negative territory. discover is below its 200 day moving average the classic sign of a not so hot chart. of course, it's looking like discover may have bottomed two months ago, it seems to. lang points out the stock continues to trade below key levels there are two gaps that still need to be filled. so you look at the gaps in april. that's the 64 and 66 lang thinks those levels can represent powerful levels of resistance the action discover paints a
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much uglier picture. here's the bottom line the charts suggest that visa, mastercard and american express will continue to be a big winner as they switch from pain toper o plastic. discover has been left behind. much more on "mad money," including my take on intel could this be a catalyst to move shares higher? i'll reveal. and my exclusive with meritor. sit time to take this trucking company off the highway and steer it towards your portfolio? what a stock after today's decline, we need to brush up on it and reshine. i've got the ceo stick with cramer. whoooo.
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the intel empire is really triking back for years, we watched as intel hung out on the fringes of the great markets, like mobile devices, the internet of things. anything apple intel, once the largest semi conductor company in the world, until it was passed by samsung, took a great leap forward when it closed on its acquisition of the $15 billion purchase of a 663 employees company, which strong aon the mouse drive of course, the pc business that stopped growing years ago, but it still produces big return for intel, which has used the cash to buy back stock at times and to acquire other companies in terms of takeovers, intel's record, let's call it mixed. it bought macafee, and they pun
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it off for lower valuation but the ceo defended the acquisition this morning, saying it did retain some of the upside on the spin. this time he said he's going to be involved in the mobile-i integration and recognizes the biggest land grab out there is the self-driving car what's tough about this market is he's going up against nvidia, which has a fabulous record when it comes to chips that help autonomous driving i think nvidia has an amazing ecosystem for these kind of chips. might be difficult to top. brian talked about merging intel's considerable and growing internet of things business with mobile-i to offer a connected car package that can come in under nvidia's price, as its chips are known to be expensive.
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>> when you look at it, you want to look at tera flops per dollar, which is computing power with power, because many of these cars are going to be electric, and cost we have to look at all three of those. and when we look at all three of those, we believe we can give them the best performance for the lowest cost. and you know, win that share >> gutsy sounds like there's a real possibility that intel could take some solid business from nvid nvidia, although the market is big enough for both, if you ask me but for once, the stock of nvidia acted like a dog, my dog. brian acknowledged that amd has become a more formidable competitor in processors he made two points amd is making these chips because they're selling to a great market second, intel has chips that will strike back later in the year and intel's capitalizing on that
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huge fight between qualcomm and apple. you can't talk about being an apple supplier on tv so he definitely dodged by inquiry. tried. but eric johnson, who writes about these things for the street, isn'ts that intel is making in roads to supplying apple with modems all over the place, including perhaps the newly empowered, better than this one, siri, get me the newest watch to me, intel at 12 times earnings is one of the great bargains out there, especially with a stock paying 3% yield sure, it will be hard to beat, in individual nvidia i don't know, if you ask me, for $36, it's worth the ticket to see how he does. let's go to todd in nebraska todd >> caller: jim, boo-yah to ya. how you doingsome >> i'm doing well.
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i have no voice, but what's going on with you? >> caller: stm microelectronics, up 135% in the last year, 59% year-to-date do you think they're going to keep on growing, buy, sell, or hold >> it is a good company. i do like the semi conductors. i guess my problem is, that looking at the trading this very evening, everything looks very tepid. so you might get a chance to buy some at a lower price than it currently trades at. robert in new jersey, robert >> caller: jim, hello. >> how are you >> caller: good, good, thank you. thanks for taking my call. >> of course >> caller: i currently own applied material, amt is the symbol the earnings per share have increased steadily over the years, good return on equity, 31.5 the stock was $47 in july, but it fell in august to $42 today it closed at $43.90.
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my question to you, is is amt a sell or worth holding? >> i would only it both amt and lamb research have been acting funky. i think tech is going to take a hiatus here, but i do like the company very much. intel is striking back i think at $36 it's worth taking the ride with the ceo. much more "mad money" ahead. just yesterday, we learned orders for trucks had the biggest monthly gain in almost three years. so is it time to consider investing in the trucking space? and the company may be declining today, but can an investment in henry shine keep you smiling i have the exclusive with the ceo. and all your calls, rapid fire in tonight's edition of "the lightning round. so stick with cramer
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when america produces, you don't have to love trucks to ride along with an 18-wheel truck. should this trucking stock be the backbone of your portfolio >> as much as i like the recent run in the averages, this market
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has a few weak spots, for example, the autos car sales have peaked in the u.s. however, we're also seeing some amazing truck orders just yesterday we learned that net orders for class-a trucks surged 81% last month. that's the biggest increase in nearly three years despite all the hand ringing about autos, the truck making industry is on fire. that order wouldn't have been a surprise yesterday if you had been following meritor meritor makes truck parts and here is a stock that's been screaming higher it's up more than 50% year-to-date and based on the numbers, i would say that move is more than justified the company delivered an 18 cent earnings, much higher than expected revenue, up 9.4%. management raised the full-year guidance the business is in excellent
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shape. let's take a closer look with the president and ceo of meritor and find out more about the company. mr. craig, welcome to "mad money. good to see you. >> thanks. >> have a seat first, what is going on in the truck industry this is the strongest i can recall >> well, jim, it's been in a lag the haste couple of years. but now the economy has been strong a long period of time and trucking follows the economy that's what we're seeing is finally that demand is catching up >> your company's demand has been even stronger what are you doing right, and is it taking share from others or do you just have more and more parts that people want >> we're taking advantage of the market moving up, and i think it's a matter of focus and staying nimble and just excellent execution that we've had over the last several years. and i think our whole team is very, very focused on our key priorities of our m-29 strategy.
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>> some people are wondering where did thee guys come from, but you've been around a long tame >> we'll be celebrating our centennial in 2019, so we have been around a long time, and the company has done a great job of innovating and adapting with the markets. >> i noticed you hired a new person, sherry lance i thought it was very interesting, she's a strategy officer. so trying to do some different strategies >> we're very satisfied with our previous three-year strategy, where we nearly doubled the profit margin of the company we're in the midst of our m-2019 strategy, calls for growing aps by 80 cents. and then growing revenue by 20% above the markets. what i want to see us do is look more long-term and make sure we're setting ourselves up for longer term strategy, as well beyond that three-year period. >> looks like europe is going
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well could that be an increasing part of your business >> it is we have a strong position in europe particularly with volvo, and we're doing very well there and have some new business wins we'll be announcing details here in the future. >> so people know, it's not just trucks, but tractors, trailers, coaches, fire trucks, other specialty trucks we do after market for >> that's correct. we announced a new agreement focused on the specialty markets, the fire trucks so our new product development, we've been on a push to launch 20 new significant product programs in this m-2019 strategy period and many of those will be applicable to our new customer that we signed up. >> where are the trucks going? i know for instance, they've discovered so much oil they need trucks just to take it to the gulf but where is the demand coming from who are the buyers, trucking
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companies? >> it's primarily fleets here in the u.s. so it's a heavy fleet business in the u.s those fleets are the typical drivers housing auto, oil and gas, consumer goods, amazon, the freight, and those movements when you get to overseas, very similar drivers. but the fleet is not as big an influence as the individual. >> you mentioned when it is appealing to the people who watch the show amazon is shipping a huge amount e-commerce is shipping a huge amount it has to go by truck to get to you. is that actually -- is e-commerce such a spur of the economy that it could be some sort of secular growth engine for trucks >> i think it could be and offsetting some of the areas that may be in decline i heard you talk about on the lead-in to the show, the auto decline, but there could be some increase in the thridelivery th back filled that
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>> the after market supply, i listened to these that talk about because the roads are so bad, the trucks break down, you've got to go by railroad are the trucks back, are the roads bad enough that trucks get damaged? >> they do, in fact. you'll hear the american trucking association really lobbying strongly for the infrastructure spending that's been promised out of the federal government, because of the destruction it's making to the tractors and trailers. >> one last question, here you are in troy. i look at the stock, one of the great performers ever get tired of hearing about f.a.n.g., facebook, amazon, netflix and google, because your company is doing much better than that. >> we have to continue to tell our story. again, we're a company with a nearly 100 year history. we're also hooking towards the future we have a big push on electrify case right now we think we're establishing a
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strong position in that marketpla marketplace, as we see the trend of commercial vehicles moving where light vehicles are, and we think that will start to catch some people's attention. >> driverless trucks, too? >> autonomous vehicles, we had one run on the hoover dam about a year ago that won't necessarily influence us as much as electrify case >> we've got to find these great ideas wherever we can. that's jay craig, the president and ceo of meritor, mtor "mad money" is back after the break.
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it is time time for the lightning round [ endindiscernible then the lightning round is over are you ready, skedaddy. time for the lightning round larry in georgia, larry. >> caller: hey, jim, calling about the latin american amazon.
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i've had it in my portfolio for about 18 months and it's tripled. i feel it's a long-term hold however, they reported last week good fews for the most part, but the stock is down about 15%. >> it wasn't perfect i regard them more of the hatten american ebay than amazon. i would do alibaba jerry in new jersey. >> caller: hi, jim, enjoy your show would like your opinion on pitny bows i purchased it a year ago, hold, sell >> it's a very inexpensive stock on a multiple basis. but that often americmeans the earnings are not going to be there. we have a lot of work to do. richard in florida, richard. >> caller: jim, thank you for taking my call my question is, on kimberly clark. it seems to have gone a little
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nat. >> doesn't have the growth that clarks it has a 3% yield. i prefer proctor david in california, david >> caller: boo-yah, jim. >> boo-yah >> caller: calling regarding clark hotels is it a good dividend play >> you know, i've got to do work, before i recommend any stock that has a 6% yield in this environment, that does seem a little high. i've got to do some work kevin in connecticut, kevin. >> caller: jim cramer, love the show >> thank you >> caller: i'm looking for the 411 on snap. is it going to crackle or going to pop >> there's so many stocks getting hit here i have to pass on snap, i really do steve in california, steve >> caller: hey, cramer, this is steve from los angeles, home of the soon to be world series champions dodgers.
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hey, i have more hair than you do, but i'm pulling it out southwest airlines >> i'm going to discuss it tomorrow at 11:30. here's a preview i like it very much. it got back to 52, 53, i would buy back the stock and that, lane, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade dog-s? i'm crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerkat? in-app chat on thinkorswim. only at td ameritrade. and i've never seen a better time to refinance your home, than this summer. why?
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maybe we have to figure out what's the matt we are the stock of henry schein. they're the largest director of dental and veterinary products on earth just when henry schein got it groove back, it was pummelled in the second half last year. and the stock got hurt today, down nearly $10. in the wake of the company's earnings report. henry schein delivered a solid quarter. the company posted a modest top and line beat and we care about the forecast and the full-year earnings guidance was weaker than some expected so we need to ask, was this a one-time blip? on the one hand we know that dende dentistry is on the rise worldwide. and even after today's decline, the stock is up nearly 15% for 2017 but maybe that meant there was little margin for error.
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let's big deeper with stanley bergman, the chairman and "mad money" of henry schein welcome back to "mad money." first, before we get started, ceo magazine named you the 2017 ceo man of the year. not an easy thing to get i saw some of the people who judged and some of of the people who have gotten it, so congratulations. >> thank you, jim. >> when you get something like that, is it long-term, how much you've done for henry schein >> at the end of the day, it's team work that makes the dream work we have an outstanding team. >> when i went through the quarter, there was -- in the conference call, this is a solid call but you talked about how, you know what? business isn't as strong as you're used to however, periods like this do happen are we in a lull right now >> i think, jim, i think our business is solid, the markets
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that we serve are solid. you know, we had overall sales growth of 6.5% dental 8, medical 6, u.s. vet 6% and i just think we have constant growth somewhere on the internal growth basis of 4% to 6% that's pretty solid for any company in this day and age. and we're very comfortable with the business the markets are growing. you noted that in the introduction >> dan herd said the dental business, not what they wanted i'm wondering whether you mentioned that drilling and filling is slowing, and that good oral care means good health care are people taking better care of their teeth and not having as much drilling. >> no. the middle class is growing throughout the world >> that's good
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>> more money on dental, animal health, even going to see the doctor i don't think that drilling filling is big, but temperatudel implants, orthodontics are growing. so overall, the market information the u.s. is, in terms of units, relatively flat. it's growing better than inflation. and markets throughout the year are on a positive trend. and likewise, animal hospitals are on fire. >> some of these suppliers aren't doing that well, that's just -- it's just by comparison and can come back, it's not something that's going like this >> not at all. i think these partner ms. the long run are doing okay, if you take into account consumerables and equipment. >> one of the reasons i talk about this is because i remember, i'm old enough, sadly, to remember the sullivan deal, and the denture deal >> that's pretty good.
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>> i remember these. and i'm wonder wlg theing wheth there's more m and a coming in this area. >> we put between $200 and $300 million capitol to work in m and a each year. and we expect to continue to add more businesses to our platform. so we also, as i said earlier on, organic growth between 4% and 6%, which is, you know -- >> much better than what people are offering >> two times plus the gdp growth >> i want to talk about technology for a second. earlier has earlier last week, i talked about software but you guys are a dominant player in that business. >> we are the largest provider of dental software, to dentists and schools and large practices and on the animal health side. just over half of the veterinarian practices in the
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united states have our software, and i think that will be the case in a number of other markets around the world >> this selfie generation, everybody seems to want -- even if you want braces, they want you to go back and have a line >> a line is a typical example of the digitalization of an industry they have digitalized in a very successful way the orthodontic space. just like sarona and others have digitalized the prosthetic and the manufacturing of the prosthetics, and also in the laboratory >> that's all good >> that's great and that market is on fire anything to do with digital, ism advancing in a rapid way >> that tell s -- every day i came out here thinking that's the one i recommend. these are the declines you use
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before i go home and gargle some gin, i want to talk about what's happening to netflix in after hours. i talked about how the retailers and suppliers are striking back against amazon then i talked about how intel is striking back against nvidia it looks like disney and cvs are striking back against netflix. now, this disney split with netflix i think is earth shaking. and netflix stock is going to take a bruising for a bit. but you know what? how about this what's the possibility that there is room for everybody? 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 t.
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