tv Mad Money CNBC November 21, 2017 6:00pm-7:00pm EST
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stocks >> guy >> i'm so bummed, no "options action" on friday. >> you'll have to watch a rerun. >> i'm kidding dan was t ouin times 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 cram america. other people want to make friend item trying to make you money. my job not just to entertain but to educate and teach call meor tweet me @jim cramer when he used to call it the era of good feelings
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no i don't mean the decade where our party only have a political party, i'm talking about this week of thanksgiving where the buyers pay up. >> buy buy buy buy buy buy >> and the sellers walk away >> sell sell sell. >> t almost as if there's a selling ban. the dow down today, s&p up, nasdaq falling fresh all-time highs across the board. we have to go and resort to the tape i want to give you some examples so you foe how to spot this kind of behavior. let's start with the stock of apple. it's soring. why? this is how you know it's good you go and check out the news fold we have a half dozen articles about apple's home pod is way
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behind amazon's machine and how the devices lay for the holidays negative, negative, negative, negative the stock rallies 3 bucks. why? because the sellers are on strike how bad facebook you check the news flow. buzz feed has a negative piece about how facebook may be kicked out of russia. as cuban explained, you can see the worse for at&t challenging the justise department but talking about the dominant players, facebook and alphabet they'll probably say the companies are so great that at&t has no choice than to acquire time waern just to stay in the race i don't see. >> they've been in -- they've
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been incredibly fair it should be a bad day for facebook and alphabet, regardless of the government's motivates. what happens, facebook stock rallies three, alphabet up 16. then there's campbell soup which reported a hideous quarter. whatever they do it simply isn't good enough. stock got crushed. it fell $4, 8% it was on indictment of the whole supermarket. the sellers dry up and buyers come in, era of good feelings,
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whole group should have been obliterat obliterated, but the seller strike allows craft times food play to go higher. general mills basically did nothing. next up, i've been recommending this scaquare for ages because it's on fire. every since the company announced a pilot program for bitcoin trading, which the cfo talked about when she appeared on our show last week the stock has been a long time high. it's incredible. the buying doesn't stop. another example, for months we've been told the rally and everything related to the building blocks of personal computers certainly cannot last. sooner or later the supply will
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crumble. in the era of this seres money managers -- the sellers letting the stocks lift and the the buyers are reaching. they continue to buy the stock of marvel, it focus on the internet of things, adding billions of dollars on market cap over night more on that later for now, all you need to know is that the inquiring stock is supposed to go down. marvel stock had run up dramatically two days in a row cracker barrel reports a revenue midst. caders, fallen $6
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4% the restaurant brands are up a hurt in chipotle but the border group is unscaved no negative pin action here. we keep hearing the transports are rolling over perhaps because of what the nafta talks may bring. today out of nowhere buyers come rushing in for the rails >> all aboard. >> despite a tough back drop kansas city southern, c su, the rail that would most be hurt by any chances of nafta rally strongly some groups feel more good than other. even with crude creeping up there's plenty of resistance owning anything in the oil complex. a report from d s w, a food
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chain and burlington stores help bring down in-chain foods. tonight hewlett packer announced a bad quarter. gave you a 200% share return in total since 2012 and the stocks trading all over the place. suffice to say it have a good quarter. they pronouned two weeks ago ge, let's discuss it general electric stock get hit, we remain surprised ge's up beat tone and pitch flannery's sticking to some of the fancy accounting measures used by his predecessors and he
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seemed oh blifuous to the cash flow but the selling has been limited to ge and nothing else the other industrials keep flying how long does the era of good feelings last? usually thanksgiving week. that said will this market know. maybe investors decided they shall pay more giving us the gift of multiple expansion if you are scared of this market like so many are, if you truly believe there's a crash or something terrible is out there, then feel free to use the era of good feelings to lighten up. nobody ever got hurt selling i need to speak to jack in tennessee. jack >> caller: hey jim go philadelphia eagles >> you bet what's going on? >> caller: oh man, i don't know.
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i went and bought that knop that everybody was touting it's going to be a strong buy and it feel through the floor. >> yeah that's for certain ye yeah, you know these offshore partners are getting killed. i the got no defense for these stocks it's like people are saying, hey i got to get out i got a 2% yield but yeah, i know the feeling that group is awful. edward in tweet home alabama >> caller: hey, big booyah from alabama. >> on a role what's up? >> caller: yeah well we're eagle here >> eagles. big name >> caller: yeah, big name saturday man >> do you know that my wife's sisters-in-law was an eagle let?
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>> caller: get out >> no i'm not kidding. >> caller: i think it's great. >> probably a little off topic but i had to point that out. what's up? >> caller: with the media wars and increased valuation of content. i'm thinking via come. great access, kind of overlooked it's been beat up this year and it's cheap what about those >> no, that's going to be like university of florida football program this year. sorry. what i really think, go with discovery with that merge erg because that john malone did a fabulous interview i preview you be in that one sam in illinois. >> caller: mr. cramer how are you today? >> great how about you. >> caller: good. first of all i wish you and your family a happy thanksgiving. >> right back at ya.
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>> caller: i were a company twilio which started off at 32 i got out at 32 got in at 24 i'm looking at a company called yex. >> we like that company. had them on i think they're in good shape there we want to own it. all right we are in a era of good feelings, it's represented by the fact tonight. i called they're on the eagle scoreboard okay it's thanksgiving phenomenal with the market, who knows. on "mad money" tonight the at&t/time waern deal hit a speed bump but not all loss. then as the market new coming floor decor still looking for flor after the up and down action this year and buzzer has been taking on water lately. with the stock down 10%.
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7.8% today on top of that. this is only the latest merger but i think marvel and -- complement each other. i'm with the president and ceo of technology. hear more about this deal and what this means. welcome to "mad money. have a seat, matt. first of all i condition caanno anything a star is almost born. walk us through why an acquire stock is going higher. >> i think you're right and we think the combination is fantastic. we're surprised at the reaction. i think investors embrace this because with you put these two companies together you got the best of breed to provide the
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companies to do silicon, software and solutions and everything in between. >> we also talk about automotive, you guys were the inventor of the wifi car >> that's right. and if you're talking about edge computing it's the ultimate edge computing application. marvel in 2011 was the first company to enable a wifi enacted car, and we improved in that area, as well as we got a whole knew incline in t ether net in the car. it's an enabler of autonomous vehicle. >> could it be standard if going toward the vehicles? >> it has to be standard think of it as dial-up moe dumb capability to do going in t-1 inside the car just like the processors you
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hear about nvidia and others you need a high-speed network on ether net to support on the inside of the building >> i'd be remiss if i didn't say you came in as part of a team, put on by a mart bunch of people and we made the company -- remade the company just talk about the ark of turning it around before you can even get to this point >> sure. very much a challenging environment when i came in which was july of 2016 the thing about marvel is it's a great company. so coming in, in terms of ark of the company first thing was to get the financials healthy get a management team built, which we did, and get the company refocused. i think that's led us to where we are today
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we refocused fundamentally on storage, networking, cloud and infrastructure as the key drivers for our company's future and that's set us up over the last year to grow our top line, make a -- with customers and enable us with a balance sheet that we've got >> now what's interesting a lot of people has pigeon hold marvel this lowers the amount of disk drives so therefore raises the -- it worked >> yeah, there was concern when i got in rightly so, on the concentration, the hard drive. >> right even though it was the best. >> it's a great business -- but it was a large business, close to 40% of sales when i got there. when you combine with kaf yum and factor in the growth we're seeing it goads to 25% of the
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company. and that 25%, a good portion of that is growing with hard drives all the drives that's going into data center, the big capacity drives, that's growing into hard drives >> arm had really fabulous technology, looks like you partnered with them on a lot of things >> as marvel we were an early on partner. we sell stand-alone partners but we also use their cords. long-term with arms and as you move to kaf yum, another long-term arm. >> so this is kind of -- again, cloud, data, center, enterprise, service provider, small medium
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size it is all the things that are the internet of thing and that's what you guys are now? >> that's right. we think of it as the industrial of things. >> it's a pure plan. i got a lot of companies that dabble with 20%. you have given wall street the stock that they want >> i think sell. the reaction we've gotten over the last few days is they love the fact you're getting a pure play infrastructure, cloud levered, iot levered company that really takes care of all the inner connections within the cloud and to the edge. at the device level we have some solutions for that too once the data gets on to the internet that goes through marvel and kaf yum and technology >> congratulations on what you've done. a lot of people gave up the stock. just now some are saying wait a
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. everybody in this business loves ipos and tend to got a lot of coverage. in honesty, unless we're dealing with something that looks uniquely good or bad there's no need to jump all over the company right at the deal. in fact i find in many times it's better to wait. then, six months later the lock up on insiders expires, they different a ton of shares and
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the name in question just gets hammered this is happened so many times it feel like instituting a post-ipo -- give it six months and reassess monies the lock-up is over. tonight we're putting that in practice we're playing know your ipo with a company that became public 7 months ago flor and decor a retail of hard surface flooring 82 warehouses across 20 states i'm kicking poois for not highlighting this thing before it became public, floor and decor, i didn't think anyone would be that interested it debuted at 28 bucks and the day after it was closing with 30 bucks and change the stock surged to $47 in june. by late august, floor and decor
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had come back downto $32 and change as of today it's rebounded to $39. it's been trading sideways for months the story started looking different in the past few weeks, the 180-day look up period expired months ago it's time to take a closer look at floor and decor to see if it might be worth owning. first, consider the concept, floor and decor operate huge warehouse stores where they sell the industries broadest stock of tile, wood, lament, at every day low prices it's a one-stop shop for all your flooring needs. if you ever re-model your house you'll need a lot of floor
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customers want to pick out their own tile over the last few years, floor and decor invested heavily upgrading the business with this foundation in place management believe they can -- bringing the footprint up roughly 400 locations within the next 15 years. i believe they can deliver, seasons the new stores here tend to pay for themselves in the first two or three years i'm inclined to give management the benefit of the doubt, why, because floor and decor ceo tom tailor who took over in 2012 comes to this company by way of home depot tailor spent 23 years at the home desk spot speaking of home depot in their recent conference call, they tell us flooring could sign for the whole industry
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enough with this stuff let's talk numbers in 2017 floor and decor seeing sells deter rate the company had 34% new growth in 2017 it went to 30% and the most recent quarter it came in 20.8%. a retailer, 25% plus revenue growth is a very rare beast indeed, even in the relatively strong arm prudent space the numbers have been down right stunning floor and decor deliver figures from the low teens to the 20s. this year the numbers have moderated, 13.5% in the latest kwaurtd. that's the numbers companies would kill for just a second, let me just turn her off, i have her on i mean i can't -- master
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yeah, if i'm the master why are you interrupted my floor decor speech anyway, that includes major store closures due to the hurricanes its existing stores still deliver border line numbers year after year after year. stay away from it. even better floor decor has been improving. there's housing shortage, people redoing their homes. now, predicted 14.5 to 15% increase i'm calling this classic dupont.
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meanwhile the margins are on the rise too floor decor is not in amazon's cross hairs. if you're remodeling your house you need to see this stuff in person amazon i think cannot kill these guys up 41% in the latest quarter only mild deceleration even though it got bigger floor and decor was a private equity backed ipo and those can come with complications. sometimes these guys can cut to the bone, take the company public and regular shareholders get burned floor decor belong to areas management and they seem to have a business for making the company fabulous i'd say they did an amazing job. private equity backers can create problems for
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shareholders the stock was hurt back in july when it lost 20% of its value. then they did another sell this month, the deal closed yesterday. after dipping to 36 and change it bounced right back to 39, which means so far you're up nicely at this point, 43% of the stock own, freeman have 21%. if they want to keep selling it's a bit of pressure so is it worth buying, i think so the tufundamentals are fabulous. sells for earning -- on the other end this is a terrific growth story given the company has 37% -- 27% long-term growth rate. i like floor and decor here.
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but with the private equity overhang and the those bleed, may with worth the patience. i am blessing the buying for floor and decor. john in georgia. >> caller: how are you doing jim? >> i'm having a bang up day what about you? >> caller: not too bad i want to check with beacon. >> i think eacon's cheap anything related to housing. steve in new hampshire steve. >> caller: hi jim. i want to get your take on delieutenant holdings. >> i think it should be higher i'm going to suggest sin that is which is better because cintas
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is all about the uniforms. i'm watching the square go up higher again it's unstoppable let's go to chris in pennsylvania >> caller: jim, thanks it's chris from the workers pare dice of pennsylvania. >> you're from the pittsburgh or philly side? >> no the northeast part, scranton is there any other parts. >> no. what's going on? >> caller: jim i've got two sons that's been putting me in the house of pain. i just want to get your opinion oochlt let me get the symbols. >> caller: hac.
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>> it's such a good company chris, it's up 32% what was the other he's gone, chris is gone the house of pain is not hor recess scope i like owens i like floor decor but only around 35. be patient that's the key to investing. much more "mad money" including my exclusive with brauns one corp. i'm sitting down with the ceo. all your calls, rapid fire master is doing the "lightning round" so stick with cramer.
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some great companies just can't seem to catch a break. stake branz wick, a month ago the company reported a quarter and they lost 15% of their value. now, some of this is understandable, we wants to buy a boston whaler during a period when the whole golf coast was being pounded by a storm let's take a close look with mark swabber, the chairman and ceo of branz wick corporation. welcome back to "mad money." good to see you sir. >> employed to be back, jim,
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thank you. >> okay so momentary disruptions or something we have to worry about? >> yeah, i think the fact we took the guidance down a bit talks about things we're seeing in the marketplace that may continue a bit more so in big boats and the fitness segment. but a reminder the fast majority of our else is so place else and was doing well >> let's talk about fitness because i like that business, you said north america and europe are turning >> the fact we took the guidance down it doesn't turn within months we've got a if you remember of things, a great line of cardio that's coming out that we're part of. we also from the standpoint of things we're doing on the customer solutions moving beyond we had an opportunity to really
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talk about what that customer solutions piece will be for the business >> now, you are doing a lot of -- adding a lot of technology to all of your products, one that's really stuck out for me and something i need very badly. autonomous docking this would be something, this and joy stick are two things i think a lot of people wanted for a long time. >> the joy stick has been there for days autonomous docking is still something we're working on but the capabilities are really there to keep exploiting technology >> let's talk about longer term. we know first of all, fishing is the second most popular outdoor activity you're talking about using boats if a different way boat clubs, partial ownership, this has got to be a long-term trend that's popular for you
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guys >> thing the whole boat clubs is good because of people on the water, it may change overtime. the other part is the fact that as you get them on the water, the boats in the clubs are going to get more usage but you'll translate into other new boats again, it's really going to the dna that's within a lot of millennials about wanting to be on the water >> right, it's a great opportunity. they love instagram. i thought the logical trend would be millennials to family boaters to committed boaters it's a gateway that maybe didn't exist at one time. >> no. there's the shared economy around boats the other part is there's boat clubs today. i think it's going to be a certain category of boats but i think it is an entry point into boating. >> let's talk about the fact that pipelines are at a much
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healthier level. we mentioned large boats, today the number sits at 400 so there's no sense that you have to do discounts to get rid of them >> no. a lot of times people talk about what if the cycle ends, what about last time. we're in a different time today. the make up of our business sense today including our fitness which is way way way of a different business cycle than what we looked like last time. >> after storm sandy a lot of voters got checked because you can't get a boat off the lot without insurance. is that a possible spur from that in the houston and florida area >> i think there'll be some up tick typically we see that happening 12 to 18 months later. we're getting some initial stuff
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down in the texas market that is a little encouraging september through december is small retail what we've really been focused on is around growth in the saltwater market and the repower. florida, texas, we're very well positioned to take advantage of the recovery >> terrific. look, i think the long-term secular growth of boating is something that has changed all right that's mark the chairman and ceo multi year growth ahead. stay with cramer
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>> caller: jim, booyah >> nice, what's up >> caller: i'm calling about one of my favorite long-term holds, henry shine. >> stock's been wobbling by i have belief. i think stanley buourbon is doin a nice job so much good happening with that company i'm going to stand by it let's go to phillip in new york. >> caller: hey jim how are you doing? >> i'm doing well. >> caller: thank you for the great education that you give us i appreciate that. >> thank you >> caller: i have a question based on november 3rd and 4th a drop of 40%, and enough use to warn such a deep line, has this company been unfairly punished and therefore a buy or should we stay away? it has a d and e, the company's kem. >> i think that's a decent idea.
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let's go to jay in minnesota >> caller: cramer. >> woa man what's up >> caller: this is jay from minnesota. a thank you and your staff for all your help for educating us all. >> great staff what's up? >> caller: i'd like to get your opinion on lie sol oncology. >> we think it's a very good speck but it is just a speck we happen to like the small molecule cancer drug stocks because we do believer on the show paul in florida. paul >> caller: hey jim how are you first time caller. deutsch bank made a hell of a move what do you think >> don't sell it
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manuel in illinois >> caller: yes, sir thank you for everything you do for a home gamer like myself. >> travel trust nucor we continue to stand by it. if the president was to ever end the dumping i would say stick with it. let's go to cluck in texas chuck. >> caller: hi jim, appreciate all the great insight you share with us. your opinion on splung. >> i like that conference call, it's a fabulous analytics company. it's very very good. we're going to zack in new york. >> caller: hey cramer this is zack in rochester new york
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how about these eagles take over birds. what's up. >> caller: i got a question for you on stamps.com. >> i got to tell you something, i cannot figure this stock out to save my life. it doubles, it goes down, it's too hard for me. and that ladies and gentlemen is the conclusion of the "lightning round. m talking before that. do you have things you want to do before you retire? oh yeah sure... ok, like what? but i thought we were supposed to be talking about investing for retirement? we're absolutely doing that. but there's no law you can't make the most of today. what do you want to do? i'd really like to run with the bulls. wow. yea. hope you're fast. i am. get a portfolio that works for you now and as your needs change. investment management services from td ameritrade.
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you know what's driving me crazy? i guess i should say even more crazy. this endless chatter about how stocks are so dangerously and hopelessly overvalued at this point in the cycle i put air quotes around that phrase because whether every people say, i feel like they're trying hard to put the stock market in some sort of game, it's the ninth inning, it's the game quarter we haven't had a recession yet but we're about to and if that's the case, stocks are way too expensive. what makes these conversations so painful for me? because i find the reasoning ironic if i was still working at goldman z goldman sacks given advise to rich families i'd tell them to go in. last week we heard from the ceo
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of brightman, and he does his best to try to lock down the inside of an organization. why do i bring this up because when hackers do break in they want money. but not just any money for the most part they'll only accept bitcoins to ransom back your files at the time they're failing regime all over. the british people, they know what to do, they buy bitcoin so you have this currency that's up to $8,000 but people anxious to move their money without government scrutiny for whatever reason a year ago one bitcoin was worth 7 $750 you mean to tell me that's not a bubble you think that's a safe place? last time i mentioned somebody played $450 million for da vinci. that's a classic example of too much money chasing too few
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goods. this was either ridiculous but either way a painting is not something that generate income and this particular painting may be a fake. how about real estate? in new york city the rents of commercial has gone up to a point that bmw no business -- almost no business can afford to pay them real estate in manhattan has gotten elevated that many people who try to -- away from whooin are -- does that make new york real estate a good investment sure there are others less expensive but san francisco makes new york look cheap. for someone who spends a huge amount of time babbling in real estate -- dabbling in real state i'm shocked at the lengths you
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need to go to find anything of real value and when you do find it the location's so hard to get to its not worth it the worst of it is the junk barn portion. then there's treasury, where there's little hope for inflation. on the other hand, there's the stock market for a long time i felt other than three stocks you could pretty much say the market was valued and the three were ones that can't be gauged by traditional -- the two of these have real grounding. netflix has won the international entertainment distribution channel heck of a lot better than the restoration channel. amazon is both the retailer and unvalued tech business, thanks
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to its cloud division services tesla remains the free financial situation. in the last six months we've gone from having three cold stocks impossible to value on to fundamentals to having just one. that's reassuring. netflix would be worth $100 billion, amazon would be worth $1 trillion. i don't care where we are in this cycle i care where we are in the supermarket of investing and right now stocks are in the only aisle with real and obvious doubt. stick with cramer. ...don't know if you can hear me, but [monica] what's he doing? [lance] can we get a shot of this cold front, right here. winter has arrived. whooo! hahaha [vo] progress is an unstoppable force. brace yourself for the season of audi sales event. audi will cover your first month's lease payment on select
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right in the heart of the was in his financial crisis, and saw his portfolio drop by double digits. it really scared him out of the markets. his advisor ran the numbers and showed that he wouldn't be able to retire until he was 68. the client realized, "i need to get back into the markets- i need to get back on track with my plan." the financial advisor was able to work with this client. he's now on track to retire when he's 65. having someone coach you through it is really the value of a financial advisor. don't forget the week is the era of good feelings week which means the stock lever state because the sellers are on strike there's always a bull market somewhere and i'll find it for you here on "mad money." see you tomorrow
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