tv Mad Money CNBC December 14, 2017 6:00pm-7:00pm EST
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likes it, but you're playing with all that bitcoin money anyway i think goldman made a big double top there 245. >> i'm melissa lee thanks so much for watching. see you back here tomorrow at 5:00 for more "fast money. don't go anywhere, "mad money" with where i can starts right now. my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you 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. we always say you should buy stocks into weakness when you
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have an exogenous event that drags down the whole mark and always say this could be the opportunity to get your toe in the water if you've got some spare money lying around yet after senator marco rubio said he couldn't vote for the tax bill the market took a hit and dow ultimately dipping 77 points s&p declining 0.41% and nasdaq edging down 0.28%. how many took this moment and treated it as a -- >> buy, buy, buy >> i'm betting most of you didn't i don't want to get in front of this d rail freight train. not after we've rallied hundreds of points based on the idea this tax bill will pass yet, the risk of being a pollyanna, i'd like to point out
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this is precisely the kind of event that brings out mass sellers, especially in the s&p 500 stocks, well, and then creates the momentarily proverbial sale. >> sell, sell, sell. >> on coveted merchandise you would otherwise have to chase to own and always say, look, there's a store that throwing a sale in the mall and, hey, let's get mothballs and i'm a buyer. same kind of merchandise it is true if another republican senator strays from the reservation and that does look like it could happen i do expect an indiscriminate and brutal decline that takes down the good with the bad look, i get where rubio is coming from and betting tax credit is a great idea and would seriously improve the optics of the bill but if you were banking on the swift passage of tax reform to bolster your portfolio this had you tearing your hair
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out. i clearly beat you to it however, after you finish freaking out and i know that's what they were doing at the bell, you need to ask yourself something, can this latest washington drama scuttle the real hard-core reasons stocks have been climbing higher, maybe even for ages? you know, i had something happen this week that kind of shocked me i did a seminar with legendary money manager ken fisher i've known him forever and dazzled with stunning statistics about tax reform turns out corporate tax cuts may not be such a panacea for the market fisher's research showed that since 1927 corporate taxes were cut 10 times over the following year, the s&p 500 increased, increased by an average of 121.3% stocks rallying in six out of those ten year, pretty good,
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right? get this, fisher notes that we raise taxes 13 times over the same period and the s&p rallied an average of 12.5% in the year following each of these tax hikes. increasing in value 9 out of 13 times. yep, at least according to history tax hikes seem to help stocks more than tax cuts. okay, that's corporate, all right. and that's what's at stake here but how about personal taxes, your taxes, according to fisher there have been 15 tax cuts since 1927 with the s&p gaining an average of 8% in the following year yet on the 13 occasions when personal taxes were raised, we got an average gain of 15.7% the stock is rising ten times out of 13. now, look, we all know this market isn't set up for rubio and newfound gop fellow travelers to derail the whole darn tax deal but i think fisher's evidence shows
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conclusively that taxes aren't nearly as important as many may think. in fact, you could argue that stocks tend to go -- do better when taxes go up stranger things. what really matter, though, what always matters is where we happen to be in the business cycle, the level of euphoria, a drattic increase in the value of other rival assets like bonds and most important, the things that individual companies do to help them sell ♪ hallelujah which brings me to the biggest story of the day and perhaps, i don't know, you could argue the year, walt disney's $52.4 billion offer for fox's critical assets that will make the combined company the pre-eminent entertainment and sports play worldwide. how important is this deal as i told you before the thing that's dogged disney's stock for
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ages is the declining viewership for espn once their premiere cable property but with this acquisition that becomes a much smaller piece of the overall disney puzzle. disney can talk about global subscriber growth that includes espn, and that's why disney's stock rallied 3 bucks on the news this is exactly the kind of deal i adore. one that makes so much sense that investors can't resist buying a stock that's recently been more synonymous with the doghouse than the mouse house. if it gets regulatory approval and a big if i believe it's headed to new highs and think the remaining part of fox will be a bargain since according to david faber it could pay a big dividend no wonder it jumped 6.5% even after these runs, i want to make it clear i think the stocks of both disney and fox and i
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didn't think the latter was buyable. yes, even after the runs now if you're really cynical, you might think that the justice department's antitrust division will bless the deal because it's good for rupert murdoch, a big-time trump backer who got a call from the president wishing him congratulations on the deal. that same kind of cynical mind might believe that the justice department is seeking to block at&t's attempt to purchase a time warner because president trump railed against the deal before he was elected, perhaps because he doesn't like cnn. i read earlier he doesn't watch it frankly, i'm not that cynical. regardless of how you feel about this administration, the justice department is not staffed by hacks. it's staffed by smart professionals who take their jobs seriously so should we be wary of owning the stock of disney because that have don't be silly i've long held that disney stock is too cheap and the franchise is simply too fabulous to ignore
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with or without these assets in fact, i'm not even sure it needs to buy these fox properties to propel the stock higher that said, though, i do love the deal i like it even more because of a story that david broke earlier today about how comcast the parent company of this network was willing to pay even more for fox, yet fox turpined them down because it wanted to sell to disney talk about validation. you don't get any better than that and i say that as a humble employee of comcast which owns cnbc disney needs more scale, i told you. needs to bulk up, geithner get bigger to take on f.a.n.g. and it gives them all the scale it needs but let me go back to my main point you buy stocks because of what's happening with the economy, what the individual companies are doing to create value. not because of washington. ceos like bob iger don't like to see their stocks do nothing and that's not just because their
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compensation is pegged to the stock's performance. the fact of the matter you don't get to run a publicly traded company unless you're pretty competitive person honestly all disney really needs to make me a believer is to get fox's regional sports network. that's how much i like that but also getting control of hulu and the coveted international assets including a lot of subscription revenue among other things that's the icing on the i don't care about the espn subscriber loss anymore cake because they have growing subrevenue galore one attempted acquisition is not a reason to embrace the whole market but consider all the mergers we're seeing and activism and buybacks and dividends and the terrific earnings we've seen from so many companies even after the market's recent move i think there's a lot to like especially if it comes down on this whole up here. that's true regardless of the tax bill and if the broader market ends up getting slammed by an exogenous cause like a
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temporarily derailment of tax reform get your shopping lists ready. you might have a chance to do some buying. when you buy the s&p 500, you are aren't getting an index of corn or wheat or soy or lumber, some commodity with no real ability to help itself you're buying an index filled with ceos who can do something to improve the value of their enterprises. today disney's ceo bob iger did that for one of the most obvious and well-known companies in the world. who knows what the other 499 ceos in the s&p are planning for tomorrow how about we go to max in connecticut. max. >> caller: how are you doing >> i'm having a good day how about you? >> caller: awesome >> good. >> caller: my question was in light of the cbs merger announced cutting, do you think this sets precedent for other
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markets and do you think that's a precedent in the pharmaceutical market in the whole? >> i think the pharmaceutical industry is somewhat immune from any sort of price cuts but more importantly united health care is the way to go and can take advantage of it because of outcomes business called optum that's so great. >> caller: i'm confused here yesterday bernstein and company said take out a $330 today, no, no, this is not right and everything about bernstein i went to the restaurant and there were only five people. what do you think? >> i didn't catch the stock's name i'm sorry.
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>> caller: chipotle. >> that was a solid analysis i was skeptical too. i was skeptical and mentioned it on my mad dash with david faber. they pointed out the metrics of chipotle aren't cheap enough to make someone want to buy it. i was suspicious too but the empire cal data and rigor of the work cannot be denied i know some were scared off. i don't blame you. this is when you need to be reminded you buy stocks because of the big picture because of what the companies are doing. not just because of tax reform always have your shopping list at the ready on "mad money" i have the exclusive with a company focused on two of the hottest teams in this market. drone and electronic vehicles. where could it be headed going into the new year and pointing out stocks offering you prime time names from what i just talked about and nutanis is up from 90% when the company's ceo first
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joined it. i've got the exclusive with one red hot company and the ceo. so stick with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet him #madtweets or send him an e-mail at madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something, head to madmoney.cnbc.com.
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i'm always on the hunt for ways to play the biggest trends around but every now and then you find a company with exposure to not one, but two major long-term thieves. take aerovironment now, avav, i got the stuff behind me, which some of you may recognize as a maker of unmanned aircraft systems meaning drones for the u.s. military and know thea the aerospace industry is on fire at the same time what you may not know about aerovironment is
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it's got these, this promising electric vehicle business. you'll find their technology powering charging stations, battery packs and electric motors the stock has been red hot but more than downing since the beginning of the year but avav has its doubters including a short selling research firm bruce point capital criticizes them for weak corporate governance and looks like the short sellers have a lot of egg on their face givens that week they reported a fabulous blow-out quarter and stock went up 26% last wednesday and some may be short covering but this mayan the next big thing what made it possible and more important can it continue? a closer look with the president and ceo of aerovironment to learn more about how his company is doing and where it's headed mr. vavi, welcome to "mad money." >> good to have me >> we've got the latest products i want to get obviously the quarter was blow-out some of these concerns were that
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this short selling firm mentioned seemed like they were kind of not really, let's say, accurate given how well the quarter was. >> jim, as you know, short sellers make money by trying to get the stock to go down we are focused on executing our business and let our results speak for itself and had a great year last year on track on our plans this year and delivered on first and look forward to the quarter >> i've been following it for some time and to me, every part of your business seems strong but i want to start with military if you can, can you walk us through the most lethal drone and this drone. >> before i get into the products we are a great position, we are the leading global provider of system solutions to both defense and commercial markets with drones,
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analytics and -- >> you have commercial. >> commercial, absolutely. >> and do a lot of agriculture and we'll talk about this one in a second but it's clear kind of got the field to yourself. >> this is a game changer for our customers who are the men and women of our military in the front lines when they're being threatened by adversary, switchblade is a product and a solution that we introduced many years ago, about a decade ago and essentially allows the war fighter in the front lines to put this thing out of the rucksack and carry it with ten pounds weight, put it down, push a button and instantaneously get access to their surroundings, identify the adversaries and then it actually has another incredible feature where it turpins into a kamikaze drone or missile and basically follows the target and prosecutes it so the good guys come home safely.
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>> people tell me this is the most lethal thing in the skies is the word. >> jim, we're very proud of this product and now we have drone this business, revenues since 2011 has gone from $6 million up to $75 million last year and the number of varrance of this product has grown to multiple different variance one which is black wing, a nonlethal version of the switchblade that launches out of a submarine. >> wow >> that's right. >> i want to talk about the difference between a mission success and mission failure. meaning going toward maybe what could have turned out to be an ambush or maybe not and seeing over a wall and this. >> so, jim, i'm glad you asked that question because this is one of our latest innovations we have introduced to the market. you know, we pride ourselves being a technology company and there is a requirement for drones that can operate in harsh environments as you mention, look over mountains -- hills
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across the side of a street or an alley, walls and he essent l essentially a pocket and foals goes into the pocket of a soldier and within a matter of minutes you can launch this thing and while you're walking around, you could see what's going on around you and save lives. this saves lives for our customer. >> incredible. i also want to get to what i imagine is probably the -- well, i know is the number one in for electric charging vehicles maybe walk us through that. >> we've been focused on this for many year answer leading global provider of ev charging solutions for electric vehicles in north america our solutions have been chosen by nine of the top global automakers. >> all the ones that we really associate maybe we think that they're not -- doing the most but they're spending billions and are ahead of famous company that talk -- >> this represents a significant large multibillion dollar opportunity for us in the years to come and positioned very well
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and this product is an award-winning product called turbo cord which is the only indoor/outdoor rated charger that can do both level one and level two charging which is basically almost four or five types faster so small, compact, indoor/outdoor, ul certified safe and we are in the leading position in this market for both residential and commercial applications. >> let's talk about commercial this drone, i understand, is something that if i were a farmer, big agribusiness would like. >> absolutely. so what we did in this case we just intro doused this to the market recently and in fact, today customers can order these on amazon so you are the first to know that this solution is available. what we've done is taken drones and software analytics and turned night an app. if you can turn on a tablet, push go, the drone and the software does all the rest it's fully automatic, take off
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vertically and transition to horizontal flight, come back and land on its own while you have a cup of coffee. >> what is the suggested manufacturer's listed price because it might be an interesting gift. >> we are -- the solution set and with one year of subscription to our av decision support system software is $16,500 on our website today. >> not so bad. >> commercial solution for farmers, for agriculture and those industry, jim. >> well, thank you so much you've got a very exciting company and you are the dominant company. thank you for what you do to save men and women soldiers' lives. that's why nawabi is the president and ceo. they have one smaller than this and all sorts of ones. we've got this stay with cramer >> announcer: tomorrow inside the world of crypto. bitcoin, bubble or bonanza
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all right. let's figure this out so the fed raises interest rates but the bank stocks have a severe two-day sell-off >> sell, sell, sell. >> aren't they supposed to be going up. >> buy, buy, buy >> what the heck all because janet yellen didn't say the economy is red hot so hot that the successor had a difference from the suggested three. of course, the banks all go down together like one big etf and all seam like the wounded tigers waiting to be put out of their misery now you think, darn, we didn't hear something scary about multiple rate hikes which is the -- what the financials do to
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employee away the numbers. i guess we should join the sell party and dump them. suddenly the litany takes over and they're going to have shortfalls anyway because there's not enough lending going on never mind that the banks got pretty much exactly what they wanted to the fed yesterday and they'll be huge beneficiaries of tax reform assuming the gop still has the votes. it just doesn't matter sell, sell, sell that's been the pattern in this market there's some sort of weird unrequited love for stocks that then causes a quick jilt to kick in and suddenly the romance is over only to start up again a few days later when no one is looking. 3m holds an analystses meeting and they doesn't substantially raise its forecast so some people sell the news while others see it go down and assume headlines will be disappointing. anyone who caught the substance of it knows things are going well in 3m the region will turn out to be
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another chance to buy this legendary stock. home depot invites everyone in and talks to them and explains how things are much better at the company and in the country and tell us business is strong in almost every aisle. just like what they say by the way when they reported yet it wasn't enough. so the stock goes down almost 5 bubbles instantly in premarket trading. stays heavy all day. forget it. it doesn't matter. up big and the extremely well run life sciences conglomerate held an analyst meeting where it gave us better than expected growth numbers yet it too sold off. what is this bizarre world we're in this could still be one more buying opportunity look at that chart for danaher how come it's so hard to get the respect they deserve what can happen? what catalyst might happen between now and the next time
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they report other than the negative one the estimates are too high because we're not seeing enough lending or trading. when investors look at it like that, glass half empty they figure okay, banks are done. the banks are done this is another refrain we get all the time oh, the cyclicals are done rails are done and then you look a few weeks later and wonder how the heck did gap get up there. have you seen vf corp. you mean caterpillar broke through the 140s did nike stock continue to rally after foot locker said things are better it's almost as if the stocks are playing leapfrog over your ability to perceive where they could go and as if you were frozen by the fact that jpmorgan broke out above 100 and you didn't expect that and wells fargo had trades in the high 50s and even touched 60. who knows how much you'll hate
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bank of america when it bounces above $30. that may sound glib but in this market every time you've let the worries of the moment scare you away from these stocks it has been a mistake now, there's real concerns if we don't get an uptick in long-term interest rates, the rates that determine what banks charge you for the loans maybe the financials won't lend as much it's not worth the risk. trading revenue is not good as they acknowledge so maybe they do miss the numbers. but there were risks with all of these other stocks too and guess what, they've just moved systemically higher. so the next time you see weakness in a formerly strong group, remember the stocks do get cheaper as they go down. far too many people treat pullbacks as reasons to sell when in reality they could be excellent buying opportunities especially if stocks break out of all ranges and fail to be contained by what you thought would contain them
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levon in florida levon. >> caller: thanks for taking my call. >> thrilled you called what's up. >> caller: regional fast food chain, frgi had a horrible q2 and q3 but the stock has run up over 20% after announcing changes to its ord and menu. do you think the recent run-up is a head fake or turnaround point? >> you know what, we have a couple of restaurant chains that we really like and one of them is mcdonald's. we think the world of it and like darden too. we -- let's say we dabbled and dallied in fiesta the one you mentioned and it was a mistake i own that mistake i didn't see the shortfall once i did i told people it was time to go all right, yes, there's weakness today but where there's weakness there's often opportunity and we're going to find it together. you and me my take on one of the most remarkable comebacks of the year, the ceo of nutanix to see
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how they were able to turn it around and exclusive for the company capitalizing on a more connected and talkative world rebounded from lows and have they put together a turnaround and all calls rapid-fire in "the lightning round. so stick with cramer >> announcer: tomorrow, kick off the trading day with "skrauk qun the "street sign the street." >> i have google you don't have to ask it in the form of a question >> the google.
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medical bills. moving costs. solid ground. a personal loan from sofi is a smart way to consolidate credit card debt. certain borrowers cut their credit card interest rates 42% and increased credit scores 17 points on average. borrow up to $100,000 with low rates and no hidden fees. find your rate in just two minutes, and take on your debt at sofi.com. we need to talk about the incredible comeback in the stock of nutanix ntnx it's a leader in hyper converged systems meaning next generation technology that combines all of the business' server management and storage into a single platform the stock has had a roller coaster ride and became public
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14 months ago at $16 a share and spiked up to 37 by the end of the first day of trading but this was only known as a sliver deal only a small fraction in the market and once there was a lockup, the stock got hurt by may 1st, the stock plummeted back to 14 that's 2 bucks below where it became public and surged back up to 35 thanks to strong results, now given us a monster 90% gain since we first spoke to the ceo at the beginning of june plus based on the terrific quarter they reported i would not be surprised if it doesn't have a lot more room to run these guys have real sales momentum so let's take a closer look with dheeraj pandey, the so founder, ceo of nutanix, find out more about his company's prospects. mr. pandey, good to see you. have a seat. well, your company is living proof that stocks don't always have a bead on the company
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your business is about as strong as possible and it really was just some -- a big bit of supply that hit the market that drove the stock down. >> i think it was also a little bit of q2 softness but q2 was february of this year. but, yeah, i think it's all about resilience and execution we talked about in the past as well and then there's the whole discovery process, the trust to build investor, the trust in main street, the trust that comes in wall street. >> what's interesting, i think to some degree the problem of nutanix, the stock, is different from nutanix, the company. it's a little hard for people to understand so what i'm going to ask you to do is i always tell people if you can't explain it to me in a paragraph, i don't want to you buy it could you give the paragraph version of what you do i know it's going to be oversimplified. >> simple. digitalization with all around us with music, photography, shopping carts, everything, just became pure software, apps
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stopped touching these geisss is what's happening in the datacenter basically everything that used to be special purpose boxes is becoming pure software cloud is just a digital datacenter the thing that we actually don't have to touch and feel anymore. >> you guys fit in at which point? for instance, we did have a competitor of yours v.m. ware and i know you're tough but you know what, where are you distinguished, say, from them. you've got a lot of momentum but they're an incumbent. >> it's like they are a partner. they're a competitor just more things in-and started in an era of cloud and they started ten years before us so a lot of our design, architecture, philosophy, the idea of the human machine interface, how to make things simpler, consumer grid design are different in that and also the fact that we are trying to figure out to blur the lines. what do you have -- >> on premises and off premises
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and what do have you in the cloud and how do the tool lines blur is a big question. >> i know some were thrown because you were kind of a hardware/software company but you've gone all software but that's the nature of the beast, right? >> yeah, i mean it grows our tam. windows, before iphone nobody knew how to put an appliance or phone around then when apple showed the design pattern of what a smartphone should look like, android gained credence so we had to first show the world that this architecture needs to be embraced like this and used like that and now we're ready to go and expand it toward what an android looks like. >> so i'm conoco, a giant oil and gas company. sell me why i should use nutanix because they did >> there's tons of people. a lot of oex in existing infrastructure and extreme fragmentation and wastage and
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undigitized. when you put them in software infrastructure is cold cold is programmable which means now all of a sudden you've taken a lot of people out of these infrastructure datacenters and now you're using a few people, a lot of automation and a lot of machine learning to build highly efficient -- >> i bring in nutanix and there is a selling proposition look, we will save you money and how quick a time >> i mean as little as three months actually, you know. >> really. >> and then it's a cloud-like consumption. pay as you grow so you're not buying mainframe big beasts. they're about speculation. speculating three to five years in advance when it's all about agility. buy small and pay as awe grow. >> i think this world is big enough for both nutanix and vm ware i like the xet for i know you do work with dell and you all work around together and all try to take each other's business too this is one very strong sales-driven company and that's
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dheeraj pandey, the ceo of nutanix. boy, do they have momentum "mad money" is back after the break. ♪ (news anchor) downtown traffic is still bad. expect massive delays. (radio channel changing) (news anchor 2) all lanes on highway 50 remain closed at this hour. (news anchor 3) the stats are in and this city leads with some of the worst traffic, with the average driver sitting in gridlock the equivalent of three days a year. for every hour that you're idling in your car, you're sending about half a gallon of gasoline up in the air. that amounts, over the course of the week, to about 10 pounds of carbon dioxide.
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growth is good, but when it starts impacting our quality of air and quality of life, that's a problem. so forward-thinking cities like sacramento are investing in streets that are smarter and greener. the solution was right under our feet. asphalt. or to be more precise, intelligent asphalt. by embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to study and analyze the flow of traffic. then, we will take all of that data and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. and sacramento is just the beginning. with advances in cameras, sensors, and network speeds, we have the ability to make cities smarter, and happier. what excites me about this technology is that we're using some of the most cutting-edge machine-learning, and ai, to help solve the most fundamental challenges that cities face around the world.
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who knew asphalt could help save the environment? (lani) and the possibilities are endless. [vo] progress is an unstoppable force. the season of audi sales event is here. audi will cover your first month's lease payment on select models during the season of audi sales event. >> announcer: "lightning round" is sponsored by td ameritrade.
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it is time it's time for "the lightning round. buy, buy, buy. sell, sell, sell [ buzzer ] and then "the lightning round" is over. are you ready skee-daddy teresa in my home state of new jersey teresa. >> caller: hi, jim hi thanks for taking my call. >> of course. >> caller: i've learned a lot from your show i'm new to the stock market and my question is on venator. >> we're going to do for work on it because we did a spin-off welbilt. ryan in kentucky ryan >> caller: hey, jim. t-mobile had a nice run since the sprint deal collapsed.
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is it still a good buy. >> frankly i'm puzzled by the acquisition. i like it. i did not understand the video acquisition. john, come on the show and explain it to us let's go to anthony in california anthony. >> caller: hey, jim. long time fan. first time caller. >> thank you. >> caller: what you think about ee. >> i like it but take two i think is better. activism -- big upgrade from goldman. read that report it's positive. inesti in new york. >> caller: hello, boo-yah. >> boo-yah >> caller: estonia >> we were trying to figure out if we should buy property there. what's up? >> caller: everything is fine. i have a question about -- >> the stuff is not -- it may not be working acordia. like a bristol-myers, merck,
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pfizer or eli lilly. we'll go for those janelle in illinois. janelle. >> caller: jim, should i buy more or wait for another pull back in wowens corning. >> i'm torn here why? we had mike on the other day and, boy, was the story great. that said the stock has been up in a straight line of 62%. we're going to wait for more of a pullback that's too aggressive. robert in new york. >> caller: big boo-yah how are you? >> i'm good. how about you? >> caller: i just want to say me and my son nick follow you he is in the air force and want to ask you about regeneron. >> earlier there was a guy that ask the by a biotech stock i wasn't craze i is. r re
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regeneron is doing great. dick in virginia >> caller: hello >> dick, it's jim. what's up? >> caller: hi, jim i wanted to wish you and your family and your extended family at "mad money" happy holidays. >> sick, thank you >> caller: yes, and go, eagles and my question i followed your advice about buying boeing which has come up quite a bit and i was wondering what you thought about trimming it a little bit to buy cummins engine. >> two great companies but i can't tell you to sell boeing because i not a $400 price target out two years 18 months even that, ladies and gentlemen, is the conclusion of "the lightning round. >> announcer: "lightning round" is sponsored by td appear trade. ? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture.
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>>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. your bbut as you get older,ing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember.
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we are the driven... the dedicated... the overachievers. we know our best investment is in ourselves. we don't take no for an answer. we fight for what we want. even for the things that were once a given. going to college... buying a home... and not being in debt for it for the rest of our lives. but we're only as strong as our community. who inspires and pushes us to go further than we could ever go alone. sofi. get there sooner.
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but this stock has had a rough time for the past couple of years and lost 33% of its value in 2016 and down another 24% year to date it has seen slowdown because the company got a little too levered to a couple of specific mobile products and lost orders that said, it does seem to getting its house in orders. when synaptics we learned it rebounded 20% from its early november lows. could this be sustainable? let's dig deeper with the president and ceo to find out about it welcome back to the show >> thank you very much great to talk to you again. >> you were on august 24th and did a series of acquisitions you said could start getting the
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company going in terms of momentum how have they worked out so far. >> one thing we increased revenue expectations for those acquisitions in the very hot consumer iot area. go to the store and see what voice-enabled products are the hot product for holiday 2017. >> now we talked last time about amazon i didn't know how powerful voice was. now it seems like it's become -- we were out in silicon valley recently and it has become the hottest thing in the world why is that? because you know if you told me a year ago voice would matter, i would be skeptical >> now, i think you're right, jim. it's an interface leader we're not fulfilling that unless we're playing in voice so what's happened over the last couple of years is voice has gone to, frankly, almost an annoyance if you had it in an automobile or
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other applications to where there's been technology breakthroughs. one by the acquisition we made that's really made voice extremely accurate now and the recognition as well as what you do with those phrases has gotten to the level as if it's you're talking to somebody and useful application and it's just taking off and hitting, you know, price points where you got to have one, got to have one for every room. >> now, we do, by the way. we have one in every room. funny you mentioned that the people keep giving them to us. i take every one you mentioned internet of thing, iot and autos is the next big great grete market where do you play in that? >> so, of course, we play in our traditional areas as you expect and the touch and displays and we've enjoyed really good success there. but now again voice, if we can do what we've done in the home and the automobile for voice, pretty much everybody will be using that as a key interface and think of the power that --
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you don't have to take your eyes offer the road and can do it conversationally and can bring that level of accuracy in fact, during our analysts day a couple of days ago we increased expectations of revenue we expect from voice from 3x today in 2022 up to now 4x in 2022 >> okay, last time you were on you talked about optical fingerprints and what i wondered is that something that is -- i don't want to say whose time has come but for instance i have an iphone and it has face recognition and cool i mean optical fingerprint is still used a lot but it doesn't have a big shelf life coming forward? >> yeah, jim, again, a great question and the facial recognition, other people prefer optical fingerprint. if you look at the benefits bringing this is the first time so kind ofour big news for today is we have a worldwide top five smartphone manufacturer
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deploying our fingerprint solution in a phone early next year in mass production and really more secure and actually faster and it's more convenient than what you see from certain types of facial recognition. solutions. >> now, when you had your analysts meeting i have to tell you i thought it was very good and went through the notes. are you starting to get that institutional interest again because i think there were a lot of people kind of felt you know what, not enough mote for what synaptics does that your business is far stickier and won't lose customers. >> no, it's absolutely right so the reality is we were dependent on a small handful of customers for a lot of our revenue and now being diversified and mention the smartphone manufacturer, vivo using our fingerprint solution they are not known here in the u.s. but they are in a very exciting worldwide brand that's decided to work with us closely and develop this technology and
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bring it forward and that's what we need much broader than a couple of customers and, of course, the consumer i.t. business also, entirely different set of customer, a lot of revenue and opportunities and have that sustained division tent profitable business-month-old i believe our investors are looking forward. >> just want to go back to voice for a second recently david faber my colleague interviewed john malone, the terrific guy about the amazon death star and how it destroys everything and, you know, no sooner i go home and what happens, my wife is saying, this -- the devices are listening to everything. they know everything there's no privacy anymore amazon is too powerful now, does anybody else worry about privacy or just a couple of people? >> well, to me it's ultimately it's a balance so privacy and security there's also convenience and at some level large companies whether it's google or amazon have a lot more to lose by
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compromising privacy or security so as i said i have eight of these in my home i'm not worried about it at all. i think it's a pretty safe technology and certainly there's control mechanisms there if you want to you can turn offer the microphone but it's certainly a very safe and exciting -- >> what i said to my wife because i love them. i think they're the greatest rick berman, president and ceo of synaptics pretty darn interesting company. stick with cramer. just like some people like wet grocery bags. getting a bad haircut. overcrowded trains. turnstiles that don't turn. and spilling coffee on themselves. but for everyone else, there's directv. for #1 rated customer satisfaction over cable, switch to directv. and for a limited time get a $100 reward card. call 1-800-directv the chase mobile app changed the game for us.
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where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. what can i say i never lost faith and you know that i was behind disney whether espn declined or not and now the fox deal and bob iger is delivering tremendous value and if this stock goes down along with the delay of the tax bill, you're getting still one more chance to buy. i like to say there's always a bull market somewhere and i promise i'll find it just for you right here on "mad money." i'm jim cramer see you tomorrow
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>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ and i'm tanecia. (all) and we're from hampton, virginia. (lakesha) we're basically sisters. we're best friends attached at the hip. looks like we're ready. we've been event planners for over ten years. we were looking for something simple and versatile that we could add to recipes that would give our events a unique taste. so good. i think this is gonna be the best batch ever. we put our heads together, and the results were incredible.
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