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tv   Fast Money  CNBC  August 24, 2017 5:00pm-6:00pm EDT

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i don't care what the rate is. i basically have no idea how any of it works. >> such an industry now. obviously the corporate side especially it's really hard to dismantle. >> much more coming up on "mad money" that does it for us on closing bell "fast money" starts now. it sure does we're live from the nasdaq market site overlooking new york's times square. i'm michelle caruso-cabrera in for melissa lee. our traders are on the desk. tonight on "fast" two storms are blowing. a full fledge hurricane barreling towards the coast of texas. we'll bring the latest on that another storm in washington, d.c. as president trump wars with his own party and threatens a government shutdown. and that according to nicholas johnston could turn into a quote, his words a nuclear event for the markets. he's going to join us. first we start with amazon going
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for the throat announcing its deal with whole foods will close on monday and immediately lower prices on staple good and prime members will get discounts news sent shockwaves throughout the market wiping out $23 billion in market cap in a matter of minutes. the list goes on and on. the nightmare future for retailers it's here. starts on monday what do you do as an investor in these name tonight >> i think it sets up not too differently in mid-june when amazon announced they were buying whole foods you just talked about $22 billion in market cap. the stocks went back to where they were back to early june you'll have some buying opportunities. maybe a name like kroger it's important to remember that whole foods combination with amazon while obviously prime is
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a huge differentiator for their grocery sales they are about less than 5% of u.s. grocery sales. kroger they have $120 billion in grocery sales last year, $120 billion. that's 10 x of what kroger has investors are shooting first asking questions later you'll have some trading opportunities and some names like kroger like you had over the summer let the news digest. the close terrify deal happens >> i do agree. i would play it with walmart all for the same reasons whole foods is 1.8% of the food segment in this country. that's nothing amazon is .8%. when they talk about cutting prices it's a big deal but people shoot first, ask questions later. these are all buying opportunities. >> higher margins. >> i think walmart is under siege here >> why >> do you think the buyer --
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>> 50% of walmart's revenues come from grocery. they have roughly an 18% market share in grocery if you include sam's club that's a massive market share. think about this >> not the same client >> whole foods bringing prices down to attract that client. >> you know how much -- >> more likely the whole foods customer will go walmart >> the fact that whole foods is expected to have $700 million of income this year, give that all back in price. that's what they will do break even on the business gain market share. aggressively they will take it from the likes of walmart no doubt in my mind. >> expecting a profit as opposed to a walmart investor who is more traditional in thinking about stocks >> it's not the same customer. they don't sell the same product. if anything, this is an
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opportune for walmart because it will be the highlight that whole foods was too expensive in the first place. >> that's the point. that's like saying i'm going to compare mangos to cars >> trying to get those customers. >> you'll get a better quality product. >> you lower the price of a mercedes from $150,000 to $100,000 the guy buying a camry done care. he's going to walmart for one thing. it's not the same client they would have to cut prices in half and then some >> no, not necessarily they are significantly bringing pricing down >> there's been studies -- >> they captured 3% of the grocery share. they are number five number five player the combination. you got kroger, nice number two
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player and you got -- at the end of the day -- >> you think this was not in the carl edwards, no one knew about this, no one thought -- >> we talked about it on the show >> we talked about it. walmart actually outperformed if you look at the stock chart. everything that was heard walmart's chart looks the best >> isn't part of what happened today when the deal got announced, oh, amazon is going into the grocery chain, going to shake it up. it won't happen immediately. the deal hasn't closed it closes on monday. see these 12 products we're cutting prices on those. next we're going for everything else >> bring the price down. a better quality product people will come >> you don't buy a mercedes at walmart. it's not the same car. that's the point >> maybe for a kroger, you want to argue kroger. >> 28% year-to-date. >> walmart is a different store.
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>> same customers that shop at amazon shop at walmart >> some do >> you don't believe so? >> i think so. prime membership is across all member classes i don't think it's restrictive >> there's studies on it >> why are you focused on walmart? >> costco down 8% today. 5% year-to-date. >> costco is 6.5% market player in the grocery space walmart is at 18% market share player >> two different clients >> the person shopping at costco is not shopping in walmart >> i think he's on to something with costco. hardest hit ones a company that has $100 billion in sales annually and this membership model listen, i think the way i look at whole foods they have 154 stores not a whole heck of a lot. kroger has 4,000
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i think amazon probably has a business plan to go after each one of these models, the costco model, the bj model, the walmart model. i think they want to keep the whole foods thing. they want to keep the mercedes or whatever high end sort of stuff. >> what about the suppliers? what about people who make the products that go in all the stores are they safer or are they going to be because -- >> i think they get squeezed because there's some cross over but not necessarily. you're talking about what does whole food sells they sell the organic shampoo. they sell grits. >> what about selling pepsi. >> they may but they also said they are going to let whole foods be whole foods and operate their business now if they want to change the whole foods business model and start selling cases of pepsico la, walmart is in trouble and everybody else until that happens i don't think walmart is in trouble. >> could happen.
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i'm not saying -- >> i could grow five inches by the end of the contract. >> i assume they return it all back >> let's stick with amazon because our next guest says it's about to get worse for some of the other fang names >> can it get worse? what we know the market itself is barely down, down some 1.7% of its all time high and yet i want to show you the stats, of course, where the top stocks in the nasdaq are relative to their own 52 week high 52 week high, and the price percentage change, let's go back if we can, if we can that's fine price percentage change and what you got here, let's zero in on this apple down 2.2 microsoft 2.9. facebook you got tons of stocks that are down much more than the market
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let's fast forward so the issue here, this is not nothing. the market is down 1.7 is this recent unwind going to continue sydney think it does. let's look at some charts. what i have is a group chart of those six stocks it's valued at about $3.2 trillion it starts not randomly from the day of facebook's ipo. let's draw a trend line. now i didn't draw those lines. those drawings draw themselves that's a mathematical channel. to the penny, to the penny we've blown through the top. often if you blow through the top of a channel you will check back to the top of the channel i think that's the bed to make for these high flyers. okay let's roll through them one at a time that's a head and shoulders top. a break in trend that's amazon. not good let's look at the next one
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priceline. you got a huge drop in gap here. not good let's go to the next one now still on trend, but my bet is at a minimum you get back to the trend line that would represent lower for the group. let's keep going google this is what amazon was doing before it faltered it has the look of a top and my bet is that this is going to break trend. couple more and we're done microsoft. near perfect perfection exists. doesn't last moving forward apple. also quite good. i want to focus on facebook at the end. this is really -- we've had check back, check back, i think you're due for a check back. watch this comparative chart, basically year-to-date this is a real tell. facebook has yet to really give ground these all quite similar, 1110,
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10 facebook here now maybe is the most vulnerable of all as it plays catch up to the down side with others that have come apart. >> carter come on over to the desk ♪ >> what would you do >>so what's interesting to me is a lot of these names he mentioned, yes they could check back but relatively short term support. let's just take facebook it looks like it filled the gap from july 26th now it had some decent support around these levels. what do you as a technical analyst constitute when is the support whole versus trend line. >> there's two with a broken trend. that's amazon most importantly and priceline. there are two on trend perfectly, apple and microsoft and then there's one hovering at trend, that's google then there's one that's too far above trend. not even whether it breaks trend but if it checks back to trend that represents lower prices for facebook and principle of the group. the key is this. that this group in aggregate is
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down considerably where the market is not. even today's action. take that basket that basket of stocks was down 40 basis points. the market is only down 20 there's slippage i don't think it will continue >> to that point, if what you're saying happens and these stocks, these basket of stocks give back more, is it going to be the same ratio to the overall macro market where does the s&p go? >> if these are as important as they are, if money come out of this area of the market which it has been doing for weeks it has to fine another area for the market to stay even much less go up it's not going into energy or financials, consumer discretion has been whacked again part of the problem is it's net selling. the only way market can sustain weakness at one end if something else picks up the slack. >> in the wake of wpp, got
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hammered, the advertising space and everybody immediately says okay well facebook is picking up share from the traditional advertising, et cetera, et cetera he talked about all these consumer products companies really pulling back pretty tramttram -- dramatically the ad spending dollars aren't as accelerated as previously thought i have to think that's bad for facebook >> back to walmart and google, voice is a very disruptive mechanism when you think about advertising. can place the same kind of advertising. video was the big thing the last couple of years. voice have been disruptive i'm with you right there you should hit the sector a little harder. >> ipg got murdered four weeks ago. >> that's where the dollars are going. they are all going there across the board. traditional advertising, tv is down because we don't have the
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olympics olympics and election. >> but they will advertise less period >> advertising revenue actually is up. it's growing so i think looking at it year-over-year it's growing. the trajectory of that growth is -- >> specific about consumer products >> they are just going direct and avoid going through an agency they go directly to a facebook or go directly to a google because they are doing all the leg work >> nib buying fang on the dip. >> amazon, apple, facebook, they make up 45% of the nasdaq 100. i look at that and the july low, it looks like a great level if you want to -- >> i would take it >> you think it gets there and that's the spot you would load up >> reduce your weight having been under weight. >> now is anybody buying >> i understand the psychological side of it
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the fundamentals haven't changed. they outperform for a good reason they are pulling back. they outperformed so much. i look at an amazon, facebook, netflix, these are names i want to continue to own and i'll buy the dip as they come in. coming up house speaker paul ryan say there's no default but the bond market, one particular bond says maybe they are worried about it we'll explain. hurricane harvey is quickly approaching the coast of texas as the state braces for its first hurricane in a decade. we'll tell you what it means for your money >> david is stepping up to the plate for the fast pitch he has one biotech stock that's d 's6% in the last six months. anhe betting the farm on more names when "fast money" returns. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be.
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they save us from getting lost, getting hungry, and getting tired of places like this. phones changed everything - shouldn't the way pay for them change too? introducing xfinity mobile. where you can pay for data by the gig, and share it across all of your lines. no one else lets you do that. see how much you can save when you pay by the gig. xfinity mobile. it's a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. welcome back to "fast money" hurricane harvey gaining strength as it makes its way towards texas now being forecast as a category 3 storm when it makes landfall wbit meteorologist joins us with more on this developing storm. >> reporter: that's right. hurricane harvey is continuing to gain strength as it churns through the gulf of mexico right the eye of the storm between 20 and 25 miles in
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diameter now forecast tube category 3 storm. the radar showing hurricane harvey about 300 miles to the south and east of corpus christi, texas right now in the fire. for some of the most catastrophic damage. right now a category 1 hurricane, expected to gain strength, become a major hurricane by tomorrow morning. as it continues to track towards the coast of texas into the gulf coast. that warm water fueling the storm. a number of watches and warnings in effect. a storm surge warning in effect for the entire gulf coast of texas. you see where these hurricane warnings are shaded in purple. also a number of tropical storm warnings further inland in texas. again this will be the first category 3 hurricane to make landfall in the united states in 12 years, a major storm that the entire state of texas is bracing for right now.
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we continue to keep you posted for right now. that's the latest on hurricane harvey >> gas lynn futures and refiners got a boost today. what are you doing as investors? >> i think you stay short. valero has 25% exposure. it's a sell. negative in general if you look at it for crude, especially given the fact the refiners will come to a slow down. the commodity itself you could see build come in. >> refiners come to a slow down. creates a squeeze. they are buying product creates a squeeze and demand destruction, everything else slows down refiners could still be a buy. >> they are going to get smacked. >> to short refiners is not good risk-reward. you don't have any probability of what will get knocked out the better play here is to wait
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and see and see if this goes up to category 4. then buy refiners on a momentum trade. to short into this storm would be a bad mistake >> all right still ahead, ulta beauty, an amazon approved stock so they said does such a thing exist. in the meantime here's what else is coming up on fast >> we will clear debts and make the debt limit -- hit the increase before this is penetrated meaning we'll pass a debt limit increase. policemen of option in front of us >> maybe not because traders have becoming increasingly nervous about a debt default we'll tell you how to protect yourself the best thing it taste sos great. >> know the best thing less filling. >> the best thing about beer stocks has nothing to do with beer at all. we explain what we mean when "fast money" returns
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welcome back to "fast money" we're live at the nasdaq market site and here's what's coming up it's the new trend in the beer industry that has all of wall street buzzing. let me tell you what is it and which stocks could see the biggest spike. david seaburg is doubling down on one health care name what is it find out when he delivers his fast pitch as the debt limit looms paul ryan is calling for calm >> reporter: paul ryan in that
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interview tried to reassure the public that the debt ceiling will get raised and that came after public criticism of ryan by president trump in a tweet he blamed ryan along with senator majority leader mitch mcconnell for making a mess of the debt ceiling negotiations when i sat down with ryan i asked him for his response to the president's comments as well as whether he would support a clean hike of a debt ceiling >> i don't think he's going after me that's an option we're looking at i won't negotiate to the media we have a lot of options i'm not worried about getting this done. we will pass the increase before we hit the debt limit. >> reporter: now conservatives have been calling for some massive spending cuts to paired with any increase in the debt limit. republicans have to work with democrats to get it raised and there's no clear path towards a compromise yet but in today's white house press
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briefing press secretary sarah huckabee sanders also echoed the same message that the debt ceiling will get raised and find a way to get this done >> look, it's our job to inform congress of the debt ceiling and it's their job to raise it and congress and the previous administration haveobligated in spending >> september 29th is the deadline that lawmakers are facing, but it will be really tough for something like tax reform to get any oxygen on capitol hill and amid all these other debates. >> only so many days in sep. so this is having somewhat of an effect in the bond market. this chart shows short term treasuries that mature in october, right now yielding more than those that come due in november and december. so these are t bills that have risen. we haven't seen anything else across the curve that would
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suggest the markets are very wary what do you do right now what's the trade here? >> i don't know there's a trade into this except indication of putting risk to work i think that the consensus trade as we know it they will get this thing raised which obviously then poses the biggest risk in term of the near term of the market if they don't >> but the risk to the market even when they don't, history has only been basically a half of a percentage point decrease in the s&p and the overall macro market the trade is to sort of stay in the stocks you're in and buy on dips there won't be a default i can say that 99%, 99.9% there won't be a default >> what if there were. what if we were three days late paying a t-bill. >> it's not a problem if there's a solution if we're three days late and going to get some kind of a solution it's not a problem. for me one if you want to protect yourself use s&p puts or
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use those t bills that are yielding a lot >> we won default but the president did threaten to shut down and he didn't come out pretty prominence members of the senate, mcconnell and mccain and flake. what does it mean getting it done depending how bullish you are, how you see this legislative agenda like being a tail wind for the markets that's what it comes down to. >> it gets messy in september. >> some sort of agreement. taxes won't happen you get some sort of repatriation in 2017 this goes back and i say this every night, then you have an unpopular president who is at war with his party going into a mid-term election year >> the only thing more unpopular than the president is congress approval ratings for congress is basically 16%. so middle america done like
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congress and they like congress less than they like the president. so i don't think -- >> you have a t-bill due in october that's selling off isn't it worth it -- how much money would you have to put into your t-bill to make it worth you have to leverage like crazy. >> this is a pro trade you have to leverage like crazy. you got to do massive -- you're talking about tiny, tiny spread. if you used enough spreads you can do it. but if you're at home, i would stay away. >> this is a hedge fund trade. it's an institutional trade. absolutely not a trade for people at home if there's dislocation in your portfolio on this it represent as buying opportunity. my guess it's short-lived. >> only one government shutdown when one party controls all. >> what's the likelihood of congress being unable to pass a debt ceiling increase. nicholas johnston joins us with
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a major warning for wall street. you think it's likely? >> no i view the possibility of a debt limit showdown like this the same as i do as being hit by a steroi an asteroid. usually currency markets would ignore those kind of thing eisen a small headline out of a meeting that republicans were having, a back bencher comes out and tells us what's happening with the negotiations and the dollar moved that put the fear of god into me this could be a nuclear event. >> treasuries are barely moving on this. in fact when debt got downgraded by s&p back in 2011, treasuries rallied. people bought more of it because it was in the middle of the european debt crisis they saw the u.s. government bonds as safety. >> that's what they always are it's the largest liquid safest
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market u.s. government debt. that chart about t bills perfect chart. those are the warning signs people are looking at this date in october when this might go wrong and starting to price in that fear. when we did this last time in 2013, it was that 30 year money that we were watching and that's the one that started to move first. >> quick question. you used the word nuclear. nuclear event. to me it's a market crash. down 25% that's a nuclear event if this doesn't go through what does the market go down, in your opinion? >> who is paying treasury interest the next morning? if the treasury market shuts down for three days and you're a bank that has a $100 million payment to make payroll and it doesn't show up the analog i would use what happened with the park i watched the market fall 700 points we get to the same place on the debt limit, where a debt limit bill falls apart 700 is where i
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would start it i would buy bitcoin or gold to protect myself >> that leads me to my next question you're running le say some kind of big pension fund, right and there are delays in payments on t bills do you suddenly sell all your 30 year bonds and your ten years because they are late by a couple of days the thing is where the market for debt there's not that much other safe debt in the world. germany has only got $2.5 trillion worth of bonds. there's no other place to go so it's embarrassing it's awful it shouldn't happen. good god, it's the united states but ultimately when you have that much -- there's nowhere else to put your money >> i don't know. the key point to say is it's unprecedented. we've come close people got very frightened always it happened at some point and as you know, paul ryan is saying the right things, mitch mcconnell is saying the right
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things, the treasury secretary said the right things but the president went on to tweet about not doing the debt limit he wanted to. 99.9% chance it happens? 0.1% chance that the treasury market imploeds? >> you're saying 0.1% chance that the u.s. waits for three days to pay their t-bill and come to a resolution after three days and that's a nuclear event? >> i don't run a company i'm not running my household making t-bill payments on time your other watchers are running banks who have a line in their spreadsheets saying if the t-bill comes in on this day and no way you can go into excel and zero it out. it never happen. i would love to bring on a banker and say what happens if that t-bill you're expected on october 25th comes on the 28th can you handle that?
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>> yes >> we'll see maybe we won't see it's provocative thank you. let's bring it back to the stock market i like the options trade the option s&p. price the movement between now and then was about eight bucks now you can say that's complacency. the important point like we know the generals are a fire wall against thermal nuclear war. we have the good guys to help from this nuclear situation. we won't have a default. the options market isn't pricing a lot. >> anybody dependent on cash flows has already sold them. >> and also listen, if the u.s. defaults on the debt and it's a real default like we're not going to pay it those people have bigger problems than making payroll. that's crazy >> despite fears of a shut down
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metals continue to rally option traders see more of a run. what do you see? >> s&p metals in mining, etf, call volume was three times that of the puts and one trade led me to believe that one trader was looking for higher highs when the fef was trading 3134 today there was a seller of 10,000 on the december 32 calls of 144 they used some of those proceeds to buy 15,000 in december. 35 calls pay incorporate 50 cents. i have a chart second largest hold cigarette alcoa. look at the xme. the break even on those calls is back towards those 52 week highs where that line is look at the alcoa chart. this is pretty interesting one we got aluminum trading at, you know, 52 week highs. that's a ten year chart. that thing just broke out. this is one way to play a lot of those members of that fef
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without that risk. >> i like that play. listen, metals, you can come up with different reasons why maybe they were talking about future inflation, maybe not. alcoa is break out like the play. doing it with the option >> for more "options action" check out the full show tomorrow night 5:30 p.m. eastern time still ahead ulta beauty looking ugly in the after hours session. why a once hot makeup stock suddenly turned very cold. david seaburg made his way over to the plaza warming up to pitch the one stock he's calling ndutme run for investors fi o what is it when "fast money" returns [pony neighing] what? hey gary. oh. what's with the dog-sized horse? 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?
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welcome back to "fast money" ulta sinking in the after hours session after reporting earnings let's get to courtney regan. she's back at headquarters with the details. >> reporter: ulta turning in a decent quarter expectations are high for this player in this sector of retail. it turn in better than expected earnings in revenue.
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comp sales improved 12%. 11 straight quarters of double digit comp sales growth. on the conference call the ceo explains the retailer chose to prioritize earnings and margin growth over comp sales this quarter. ulta didn't discount as much this quarter that helped margin online sales grew more than 72%. ulta's current quarter guidance is mixed revenue strong but earnings ranged disappointing compared to consensus. now the beauty retailer's loyalty program 23% year-over-year now up to 25.4 million active members marydillon says data shows ult did gain share in prestige beauty, maverick category, skin care and hair care also gaining share in salon service like color and blow-outs, makeup application too. now while only 1% use those salon services those that do spend three times more so ulta is testing a new model
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to improve the experience and attract more shoppers to that section of the business. >> thanks for "the rundown". what do you think? >> this used to be a crowd favorite it was over $300 everyone had a spot for this in his portfolio. it's failing now at a certain point ulta will bounce but i think it's in free fall >> when you listen to these retailers it's either they got to make a choice for market share or margin. they are choosing margin and still the street doesn't like it >> a few years ago macy's bought blue mercury and going for the experience this is one of those retailers where the experience is important. to me i bought back macy's the other day after that disappointing report i think that one is kind of washed out, pretty cheap stock, some assets there. that's one way to play this
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thing. >> what yield did you get? >> like 7, 7.5 >> what is the brand worth in macy's, 18 million, 20 million >> are you confident in that >> i bought it a couple of months ago and i sold some at 24 to me you want to trade it a little bit it will need something very strategic in the department store space for things to work out. >> actually in the retail space that's the play. you don't go to ulta if i want these cold stocks ulta was a crowded trade. once they break they break for a while. i would not try to buy the dealership >> one biotech name that could take off so says david seaburg talk about a fast pitch. what stock is worth to buy we'll vote whether buying or selling. your pitch >> i like stocks that are cheap,
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have a catalyst and totally misunderstood and that's abvie there's a lot of risk on the street bio similar competition coming in 2018, 2019 is what the street is anticipating won't come until 20/20 or 2021 their drug pipeline they made some smart acquisitions. they have a drug pipeline that's under appreciated, especially in the oncology area. there's a catalyst where we get data on their oncology products for lung could you see the stock rip on that the yield, roughly 3.5% yield. this thing is trading at 11.5 times next year's earnings if you look at their tiers this is trading at a roughly 40%
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discount looking at the chart, you see right here this is when the entire group rallied this is when the entire group rallied. you look back it just reclaimed its 50 day moving average. being very positive. i'll tell you it looks really positive on the chart. seeing some consolidation along the way. the stock is a buy buy it for a short term basis. your down side risk is under 70 bucks. much more long term play in my opinion playing for a catalyst at the end of this year and long term growth in cash flows. >> anyone have a question? >> i have a question brian kelly, first time caller long time listener the pipeline you talked about what's the time frame. buy this until the end of the year what's the specific cat list and time frame for when those lung cancer trials come out >> by the end of this year we
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expect to get combo data on their lung cancer tests. we'll get combo data on. that's expected to be pretty good it comes out better than expected this stock could lift off. >> grasso? >> when i look it's up 15% year-to-date if i'm looking -- you would agree there's binary risk with buying a pharma stock especially one like the stock you just pitched. would you >> look that's my point. the binary risk is basically priced in. when i say to you it's trading at 40% discount to its comparable peers and a pipeline that's super underappreciated you're basically pricing in that risk in my opinion your down side risk is 70 bucks and the stock could work well. >> the misunderstood part. let's vote you guys buying or selling >> i'll say, okay i'll buy we'll say buy it but use a 50
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day moving stock 71.75. >> b.k.? >> a certainly are of two things one the pen they gave me to write this with. but i'm also a seller of abbvie. looks like a false break out >> i'm a certainly i thought that was a great present jays if that stock was trading around 60, 65 bucks i would say back up the truck, the yield higher, but i got to tell you your buy was half a percent stock >> it was like a friendly -- i'm out really quick all right. thanks, dave two sales on the desk. vote on our twitter poll @cnbcfastmoney we'll reveal the results later
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money" summer may be winding down but sales for the biggest names in beer are turning up. believe it or not has nothing to do with their brew landon dowdy is here to tell us what's driving the sales >> nonalcoholic seltzer sales have soared. beer companies are taking a notice boston beer entered the market last year acquirin year they highlight the pressure on brewers to extend beyond beer which has been losing share of the total u.s. market to liquor and wine it's paying off. for example in its most recent report boston beer is a truly speck and hard sparkling water fueled sales than the company's main stay product beer seltzer brands are 429% from
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2015 to 2016 the overall hard seltzer industry grew by 3,000%. but can hard seltzer help brewers keep their buzz. while it has dropped the pop, he doubts the sustainablity is this a trend of hard soda 2.0. it brought in $116 million many industry players used in to get in that space. now hard seltzer is the buzz of the industry but investors will watch to see if the trend has staying power or fizzle out. is it worth the buzz >> we'll discuss that. thank you very much. beer stocks aren't the only ones getting a boost.
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cigarette stocks, philip morris higher by 25%. so if you are looking to bathe your portfolio in sin, do you stick with cigarettes or beer? >> i'm a beer guy. i think you look at anheuser-busch that's a cheap stock big gap on earnings. gave back all of that. trading by 22 times. nearly a 4% dividend yield i like that. back to landon's bit about the bubbly that's a fade >> not a reason to buy beer stock. >> it's a fad. >> you remember the '90s i won buy beverage stocks on this stick with a consolation brand >> stick with the powerful brands stay with powerful brand spirit brands that will continue to win in the long term. i don't see the budweiser
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drinker drinking a -- it's a girl drink it's a different market. but i don't think the lost market share from beer to craft brewers hitting sam will be a pick up on the other side. >> totally different generation. >> would boys drink it too >> i think so. different generation you never know no one went the casino way wynn resort up 50% i would stay with. ride your winners. biggest thing in trading is learn how to milk the winners and sell the losers. >> still ahead your buying seaburg's pitch for abbvie still time to vote in our poll we'll reveal the results right after this so don't move thank you clients? well jd power did just rank them highest in investor satisfaction with full service brokerage firms... again. and online equity trades are only $4.95... i mean you can't have low cost and be full service.
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in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. . welcome back to "fast money" the votes are in america has spoken here's the song seaburg knows so well david is pitching. it wasn't even close >> i think you should check the track record >> if you don't want to make money that's fine. >> final trade >> walmart buy it on weakness.
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>> okay. >> brian kelly made a compelling case to buy metals >> walmart take profits on this news with amonaz >> "mad money" with jim begins right now. my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now i'm cramer welcome to "mad money. welcome to cramerica my job is not just to entertain but to teach you, educate you and put this in perspective. tweet me @jim cramer why does this market always seem to stall out

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