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tv   Mad Money  CNBC  January 12, 2018 6:00pm-7:00pm EST

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facebook as well >> mike khouw. >> utilities, buy those march 51 calls for a buck >> dan nathan? >> you want to define your risk. >> looks like our time has expired. i'm limessa lee. have a meantime, have a great long weekend, everybody enjoy monday "mad money" is up next my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer how high, how high can this market ultimately go after another terrific day, dow
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228 points, s&p climbing .67%. nasdaq gained .68% >> house of pleasure. >> you have to wonder will we get a monster run to dow 30,000? is this a total s&p 500 jail break? is the sky the limit that's how i feel after watching hours and hours of tape and marveling that once again we have such broad leadership from the industrials, the airlines, the financials, even the tech stops. this move is eery. what's driving it? oh, you know, come out here every night, same as always. stock shortage, it's really been acuteness in the industrials 401(k) money being thrown at the market animal spirits a stronger consumer. tax reform deregulation and a general reevaluation higher for all stocks. who's doing the leading? once again, it's boeing, it's caterpillar, adobe, alphabet, it's apple and it's netflix. oh, sure, periodically we have to change things up.
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today was all aaang, which is what happens when facebook stumbles so badly it isn't worth the faanging a nic ing acronym. i swear if boeing keeps worrying, you know what we have to do? change the short to baang. facebook's crime wants to improve the user experience, it wants to get rid of intrusive often fake news. it wants to stop auto play ceo mark zuckerberg is trying to kill two birds with one stone. keeping his flagship site fresh, possibly placating regulators. you know how hard they from to please, who might crack down on facebook as a major distributor of news, let's just say, is not that reputable zuckerberg also acknowledges the changes will cause people to spend less time on his site. he really put that one out there. you know what, maybe that's initially. my view is it's a smart thing. more people ultimately come to facebook, but that wasn't what people thought when they were selling the stock. now, a good question, is the stock worth buying my charitable trust owns it. here's my take
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yes, but you got to wait come tuesday afternoon, it will probably make sense tuesday, market's closed monday, to pick up facebook. by that point the stock will likely catch for downgrades. we only had time for one analyst to say time to get out other analysts had to take a swing at the pinata before it settles down on the other hand jp morgan reported what was supposed to be spectacular earnings tonight only propelled the stocks of the world's largest banks to all-time highs i was concerned the numbers would be convoluted. we talked about that last night. that's exactly what happened as the stock industry seesawed between the red and black for the first portion of the session. i mean, before breaking out, some investors got their heads around just how fabulous the story was. jamie dimon. what's more? what more can you say? now jp morgan is a terrific place to start the discussion for next week's game plan. because they set a benchmark that other banks which all report next week are going to find hard to beat. now, first up is citigroup which we've championed for ages.
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you know that. ever since mike corback took over as ceo five years ago when the stock was in the 30s, jesus, now almost at 77 now we told you last night that citi would take a big loss because of tax considerations. supposed to be in the order of $ $20 billion. i belief tve the company will e up slowing excellence earnings growth even as it's clear from jp morgan's numbers that fixed income trading a big revenue generator for jp morgan and citi was worse than thought citi will be hard pressed to top jp morgan. heard from unh big dow stock. what can i say i expect one blowout quarter, what we're expected to get from them unh is going to raise numbers and talk about how the dat data-driven part of its business is growing like crazy. the stock's up big today actually that's not atypical for this incredible equity which is frequently telegraphed the best of its quarters. the rails. the rails have been red hot lately >> all aboard! >> with the most surprising leadership being csx
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this railroad titan was one of the best performing transports in 2017 after the late hunter harrison was named ceo with the stock jumping more than 25% in the wake of the announcement, that he would take office just a little less than a year ago when harrison passed away last month, the stock gave back a quick 10% but since then, it's rebounded. rebounded to the point where it's now trading well above where it was at the time of his death. my view, though, if the rails have a weak link, it will be csx because it has run so much wednesday we get the results from two different kinds of financials first there's bank of america, they're not all created equal, people then it's goldman sachs where i work bank of america has a massive deposit basin, therefore, the big bank that benefits the most when interest rates go higher. it lacks the worldwide tentacles of a jp morgan or citi, for that matter this, remember, is a global bull market that actually puts it somewhat degree of a disadvantage that deposit base can be great for net-interest margin. goldman sachs is a much more
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trading-oriented investment bank and lately the markets have lacked the kind of volatility that translates into terrific profits. that said, i still believe goldman will find a way to triumph. i want that conference call, marty, to be a little more upbeat, please i'm more concerned here, though, that lloyd blankfein who steered the bank through the hardest of times may decide to hang up his spurs and devote the rest of his life to charity which would be par for this incredibly good man's course i say not yet. please even though most of the ceos i know who are my age are starting to say they're done. please, lloyd. stick with it. anyway, there's an often overlooked stock that deserves to get a lot more attention. that's asml holdings how many of you have heard of it it's the semiconductor equipment maker. why should we care about this one? simple there's a consensus that we got too much semiconductor capacity coming online. if we hear orders are through the roof through this equipment maker, anyone's canceling them because they've been through the
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roof, i can see commodity chip makers like micron disappointing with cheap stock action. did you see that the stock was down today big up day the commodity semiconduct eor group has been sluggish lately by thursday the bar for bank earnings will be set so high that i do not envy morgan stanley ceo james gorman when he has to present his numbers. now, look, i think they'll be excellent, but by this point, will anybody really care aren't we more likely to see a wave of profit taking once all the big banks have reported? you know what, that's actually a reasonable bet let's keep our eyes open i'll fill you in we also hear from ppg, a regular on the show, before the open, and i think this industrial stock is starting to reflect good things, not just bad things happening to underlying company including the sale of paint. i think you could be on the verge of a value-enhancing merger i hope this time will be friendly if i owned it, i would essentially stay long. if it gets weak earlier this week, i would buy it now ibm reports after the close. we learned after the close yesterday at 4:01 that the company's cfo martin schroeder,
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should be not a stranger to you, he's been on the show, will be moving to a new spot going to a senior vice president of global services it's a nice promotion for him because this is pretty much the exact same position that ceo jenny rometti held before her promotion to the top it will be martin, however, who handles the conference call. if you're going to trade this, which i don't want you to, you got to wait for the call because you can't just react from the headline numbers they can often be hard to understand until schroeder explains them. analysts, we give schroeder a little bit -- stop being so hard on the guy i mean, it's ridiculous. good guy now, i'm looking forward to listening to ibm why? they started new mainframe cycle and has been good news for the company historically warren buffett seems to have stopped selling shares, thank heav heavens. that's good news for the stock finally on friday, one of my absolute favorites, charitable trust name, club members know how much i love this we call it slob.
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some call it slum berger it's schlumberger. when the oil downturn began in 2014, schlumberger was the first company to realize just how bad things could get everyone else was, it's going to bounce right back. we had a lot on tv said it was going to bounce right back well, slummer j schlumberger wat oil went like this right after right after schlumberger said it was going to plummet when schlumberger reported last time, pretty much everyone assumed oil would be stuck in purgatory for ages that was when brilliant ceo paul kibsgard called the bottom three months later oil surges and the stock has taken off like a bat out of hell. this stock has been up for 11, yeah, literally -- not literally because two days that were down. 11 straight unanswered points days is the way i looked at it kibsgard was right in 2014 and right again in the last three months why? because he knows more than everybody else he's got the data. it was an empirical call
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not emotional. a worldwide company, got an order book, tells you everything the oil-producing nations haven't drilled enough in the last few years to maintain the reserves, paul told us, so now they have no choice but to drill more and to drill in 2018. so pay attention to schlumberger, and hope it gets knocked down before they report so you can buy some because it's been straight up from 63 to -- yeah, to the high 70s. here's the bottom line you have to respect the fact that we're in a once in a lifetime move. we're even when a megacap stock like facebook gets slammed, it has no pin action whatsoever on the rest of the market you know what you got here, don't you? we got a beast still, on tuesday, the beast is going to come in real hungry after a couple of days off i bet it gets fed once again bear meat taste good dennis, in my home state of new jersey dennis >> caller: yes, hi, jim. this is dennis from new jersey
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about six months ago, around june, union pacific was $100 a share. today, it closed up at $141 and change i'm in a dividend reinvestment plan with unp. my question is, do you see its growth slowing down any time soon >> no. unp is tnp unp, union pacific, takes no prisoners. i would stay long. if it comes back to $130, i have is to pound the table. let's go to anna in michigan anna >> caller: oh, mr. cramer, thank you for all the work you do for us on investing. >> my pleasure. >> caller: i watch your show every evening. >> thank you. >> caller: my interest is in an old name, motorola solutions -- >> msi, it was hot today you see that >> caller: yeah. >> what happened well, look, i'll give anna the benefit of the doubt that she was going to say positive things about it because i'm going to say positive things about it it this stock is incredibly cheap sells at 17 times earnings, got
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great growth i don't think you should leave it i think you should run to it i need to go to steve in california steve? >> caller: hey, jim, how are you doing? >> man, i got to tell you, i'm all fired up how about you? >> caller: okay. my serious concern is with this new sale that went down between dst systems. >> right. >> caller: the shareholders were not informed of it and whether or not we got a fair price for our stock at $84 a share also we don't know anything about what the dividend is going to be with this new company. the -- the earnings report is going to be on january the 25th. so what's your -- what's your thought -- >> my thought on this is on page 190 of jim cramer's "get rich carefully. said dst systems has to be taken over and taken over now because it's so poorly managed the answer is you got lucky. it's better to be lucky than it
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is to be good. listen, people, this is a once in a lifetime move this is a beast mode market. and i don't think it's ending any time soon. "mad money" tonight, i'll review the most -- look, the four most dangerous words that could have a big impact in your portfolio then the house doesn't always win, tonight it could be your turn. it's a high stakes casino battle royale and i'm checking the odds to find out which stocks and space you should hold onto and which ones to fold and are the moves in pharmaceuticals giving you a headache like a migraine it's been quite the week for the company. i'm going to sit down with the ceo, talk about the latest results. so stick with cramer >> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call, at
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say that the four most dangerous words in the english language are "this time it's different. the idea being this kind of rationalization inevitably leads to heartbreak. but honestly, i've now been at this business a pretty long time i'm beginning to wondering if the four most dangerous words about stock investing are "this time it's the same." why do they climb to the notion that it's foolish for anyone to believe that stock history won't repeat itself? why do i think they're mistaken? first, when you look back at stocks, until a few years ago history pretty much always did repeat itself. hey, you know what, let's say you bought a group of 300 worthless internet companies during the dotcom bubble, well, you got had. just like the know it alls predicted. it's incredibly difficult for young profitless companies to become a major tech enterprise it was clearly a bubble and history tells us that bubbles always burst when i look at the big capitalization tech stocks now, talking about facebook, amazon,
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alphabet, apple, the fact is this time was very different if you listen to the gray beards, you missed out on some remarkable moves even after facebook stock's 4.4% decline today. why am i thinking about this because earlier this weekwe sa something that i once considered unimaginab unimaginable wholesale attacks of warren buffett. a man who even without mouthing the words definitely falls into the "this time it's different" is dangerous camp. buff buffett is close to untouchable in this business people buying crypt tocurrencies not only did h e reuse to endorse them he said the whole cryptocurrency move, particularly bitcoin, would end badly. after all, he said it's a bubble and this time won't be different, when it bursts you'll get crushed. look, if you bought cryptocurrencies like bitcoin below where they're currently trading and sold them for a gigantic gain, guess what, good for you, call it what you want wagering, trading, investing, gambling, who cares. as long as you made a profit, i salute you here's the thing
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guys who got in early on that tool craze not too long ago, like a couple hundred years, made a killing, too. however, eventually prices collapsed and people who held on to their tool through 1,700 were ruined back to buffett. goes without saying it's foolish to condemn someone with such a track record he's worked to stick with his methods include a rigorous long-term view on progress and profitability. while buying stocks that represent bargains relative to the actual value of the underlying companies that's pretty much his thesis. nevertheless, you end up missing out on some big gains. when you refuse to embrace the idea that this time could be different. i'm not talking even about bubbles here you would have missed the greatester fo performers of our era, faang that's just not ight to profit from facebook, you had to believe that the world would embrace some idea about social networking that was dreamed up
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by a bunch of college kids now, i went to harvard where they did and like everyone else, i got the physical facebook, perused that pretty quickly before freshman year i looked at face after face, name after name. i wondered who are these people, what did they do to get in, what are they going to do the idea that this concept could become an extremely profitable $521 billion business must have seemed ludicrous how about amazon really thad too believe this tim it's different if you're buying shares in an online retailer, give them your credit card information, trust that they'll send you an overnight. what kind of dreamer would actually say, you know what, this time is different enough that i'm going to purchase shares in a much-looney-losing companies, bet it works out big. isn't that the story of the $95 billion netflix? oh, how about a company that offers you a service where you type questions in and it answers them what's that worth? w turns out it's worth billions. alphabet
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did buffett missed these yes. should he have i say who cares. he made it his way that begs a very good question. they missed all these stories because of their old saw it stopped them from taking what turned out to be a calculated gamble on four companies that would have made fortunes for those who believed things really would be different this time so cryptoids, give buffett a break. anyone who believes these four words are deadly should ask themselves what good is it that kept you out of the greatest wealth creators of the era the success of faang says the wisemen are wrong and the frays should be retired. stick with cramer. >> get your market fix find smart money tips. catch top ceos. >> what's your response? >> see the cramer remix. >> can what stocks fit you >> watch can all online. cnbc's got the clips
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last year, the casino stocks continued their miraculous comeback in fact, they were so strong one of them cramer uber faved, swz winn resorts, ended 2017 as one
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of the top performers in the s&p 500. we covered the wrap-up earlier this year. i think the theme is so strong i got to revisit it and come up with new analysis for new numbers. remember the two big worldwide casino stocks, winn and las vegas sands, very much placed not on the nevada casinos, not on vegas, but macaw, the chinese gambling havehaven. when china's economy started taking a few years ago and the communist government cracked down on government corruption, macau went into a tailspin for years if you wanted to influence a chinese official, you took them on a junket to macau. suddenly that was frowned upon by the communist party don't want to get on the bad side of the people's prrepublic that to blit raobliterated wynn vegas sands. steve wynn decided to -- >> buy, buy, buy. >> as i pointed out roughly 16 monts ago in 2016, the chinese
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economy started picking up steam and more importantly the macau gambling figures -- after two years of double-digit declines we're seeing increasing gambling activity in h macau. wynn, las vegas sands, had opened brand-new casinos there while the stocks rebounded pretty substantially back then, i thought they had more room to run. sands up another 21.5% of course, to put that into context, las vegas sands actually lagged the phenomenal return from the s&p 500. it's up nearly 30% wynn left the averages in the dust of course, wynn's done better since i started recommending it at $82 in february 2016. hey, better be lucky and good. that was much closer to the bottom since then you caught yourself a double now makes sense, wynn's casinos in macau are a play on the high rollers. supposed to be this incredible palaces. i got to get there the issue for vips who, well, lose a lot of money at the tables if they're coming back in force, it mieans these guys are
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practically cleaniprak practically coining money. what have we learned since then? all right. for starters, macau has been darn good of late. in fact, the gamers have been pretty much consistently improving. okay last month just okay over the past year and a half. at least up until what we saw in the most recent numbers. in 2016, macau's total gaming revenues were down 3.3% which is actually, believe it or not, a very impressive figure when you consider the numbers were down double digits in the first six months of the year and last year the numbers were flat-out great. we don't yet have the official figures on macau's total casino revenue, but adding the numbers up month by month which is the way you do it, looks like macau was up 19% versus 2016 in local currency more importantly, the cadence of these numbers, the lyexactly whu want to see. for instance, last january they were up 3% april, may, up 18% may through november they were up more than 20% nearly every month a very nice acceleration of course, wynn and las vegas sands have been underperformers
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in 2018 largely because the december numbers were up a little degradation there the macau figures dipped to the mid-teens in september and bounced right back so i would not fret the program here. these are general numbers, though we need to know how wynn and las vegas sands are doing in particular remember, both of these casinos just opened new casinos in ma u macau. the growth is pretty stunning. in the first nine months of 2017, wynn's macau revenues increased by 71%. believe me, he told you, shout from the rooftops this was going to happen. why we liked it so much. staggering numbers, aren't they? las vegas sands are less impressive total macau revenue increased by 16% in the first nine months of last year. at this point, i think it's clear wynn is pulling away from the competition. the stock is cheaper than las vegas sands because of that. what about that deceleration last month how about the news last week that china's imposing new limits on overseas atm withdrawals? and if you're from mainland china, overseas includes macau look, we've been through this before okay in december of 2016, there was the scare about china slashing
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the atm withdrawal limit in ma may of last year we started hearing macau would start monitoring atm withdrawals. none had any long-term impact. i think it's going to be the same this time the best thing about these stories, wynn and las vegas sands look pretty darn cheap on an earnings basis. wynn which is maybe one of the best companies on earth sells for 20 times next year's estimates. las vegas sands trades at 22 times next year's numbers. given its apparent growth rate, wynn deserves a multiple growth year wynn simply is not that expensive, even after its monster run. for those who listened to me on wynn and bought a position in this one, let her ride if you own las vegas sands, sell, swap into wnyy what if you don't want to own something that's totally hostage to the prc after all, there's nothing stopping the communist party from cracking down again whenever they feel like it maybe you prefer a casino stock that's a much more domestic play something like mgm resorts which had a lot of exposure to
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las vegas. as well as properties in washington, d.c., that people are crazy about and atlantic city new casino set to open in springfield, massachusetts, later this year. not much around there. could be a magnet. since december 2016, the stock has given you a terrific 37% return that's despite the fact one of the casinos was the location of the worst mass shooting in american history just last year still, mgm is putting up phenomenal numbers doing a great job. in fact, the company's domestic business of 23% in the first nine months of last year, actually doing better than international holdings the stock trades at just 19 times next year's earnings estimates. not bad, right i think the next leg here may actually be all about some strange factor the supreme court. this spring, the supremes will decide whether sports gambling, sports gambling, should be legalized outside of vegas many legal experts seem to think the rule in favor of legalization, which could be a terrific tailwind for mgm, as it would establish them to -- it would allow them to establish a sports book in their regional
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casinos around the country i got to tell you, people, it would be a game changer to make that legal ausround the country. i think macau can keep rebounding, means wynn resorts might have room to run i always pick wynn over las vegas sands. if you want a domestic casino play with overseas exposure, mgm has a lot going for it i'm hard pressed to pick between mgm and wynf they're both that good how about we go to howie in new york howie? >> caller: jim it's an honor to speak to you. first of all, let me wish you good luck on your eagles on saturday night >> well, you know, if they -- when nationwide sports book, you could put a bet on the eagles. i am not allowed to bet. thank you so much for that opportunity. what's up? >> caller: okay. i am a holder of phillipmorris stock.
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i've seen it go to present $104. while this is happening, i'm obviously going down i'm watching amazon, apple, all the other stocks, netflix, you know, boeing, it goes on and on, all rising higher and higher so i'm really wondering should i just stay with phillipmorris, wait for the turnaround or -- >> you know, i got to tell you, i would -- look, i don't recommend tobacco stocks let's go right upfront with that i will tell you this, there was data out today which showed phillipmorris actually gaining traction with its new novel delivery system so i hate to you sell it with a 4.1% yield. there are currency issues there, too. i want you to hold on to it here, but if it does go back up, we're going to have to do some trimming thank you for your encouragement. you never want to play roulette with your stock picks you want to understand why the casino stocks are actually making the comeback that i like so much. mcc macau has a lot going for it wynn and mgm are winners much more "mad money" including my exculusive with something tht millions of people suffer from,
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migraines and alder pharmaceuticals, what it's doing to try to cure them. last year was tough for the company. down 45% in 2017 this year it's telling a different story. ais i'm sitting down with the ceo to talk about the latest developments. a private company that's got an endless summer style. don't miss my exclusive with one of the companies that my kids love it's called fara to see how the clothing brands competes. and i want your calls. rapid fire tonight's special edition of "lightning round." yes, a look back at the week that was so stick with cramer monday, kick off the trading day with "squawk on the street." live from post 9 at the nyse >> how about that? free of charge >> you like that >> no, for that big, shoot me in the box, "mad money," cramer >> yeah. wow. >> would they do that? >> no, probably not. >> no. you're not worth it. >> it all starts at 9:00 a.m. eastern.
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in case you may have not noticed, this has been one crazy week for alder biopharmaceuticals we talked about this company before symbol is aldr a development stage biotech w k
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working on o a number of drugs including a migraine compound in phase 3 trials a real wide trader since it came public so far to 18 has been a very good year for these guys in less than two weeks already seen its stock rally more than 50% including nearly 40% gain since last friday. the reason the company showed up at this week's big jp morgan confab, health care conference i keep telling you about, with pieces of good news strong clinical trial results. detailed version of the supposedly disappointing data we saw last summer that caused the stock to get hammered. announced new financing and allowed the company to settle pending litigation with the gigantic teva pharmaceuticals which has gotten red hot, itself let's check in with randall schatzman, co-founder, president and ceo of alder pharmaceuticals, to hear more about how his company is doing and where it's headed. mr. schatzman, welcome to "mad money." >> thank you, jim. it's good to be back with you.
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>> all right, sir. can you explain to our audience what the trial results you announced earlier this week were and the significance of them for sufferers of migraines >> yeah, the trial we announced this week, jim, was the top line data from what we call a phase 3 trial, one of the last trials that a company conducts before we ask the fda to approve the drug for commercialization in this case, we were studying a drug that's known as eptemezumab. in a group of patients that are with what we call chronic migraine patients. on average, these patients had about 16 migraines that they suffered every month of their life and what the trial showed was that when we administer it in these patients, as soon as day one, we can see a dramatic clinical benefit, 50% less migraines on day one, efficacy persists through the study and
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also demonstrated a very high level of magnitude of effect what i mean by that is about 15% of the patients in the study had zero migraines for the 12-week duration of that study and that's going from 16 migraines down to zero, and this is with a single dose of eptemezunab that lasted the full three months of the study. >> okay -- >> we think it's an opportunity -- i was going to say it's an opportunity to really transform how migraine is treated today. >> i totally agree during the summer we had such high hopes and the stock did go down rather dramatically from 17 to 8 what happened in that period versus down that's made it so you have -- you and obviously the people who run the trial are much more confident? >> yeah, so that's a great question so, in june when we announced the data, investors tended to focus on what we call the primary end point. the primary end point is really about how you get a drug approved through the fda and while our results were
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significant with that end point, they were actually sort of in the middle to the low end of the class. >> okay. >> and as you know, we have three big competitors in the space. and i think the investors were afraid that with that result that it might not be competitive. in contrast, the data on monday demonstrated it was well above the class, our competition demonstrated, in the same group of very, very severe patient. >> okay. why would i prefer your drug to the current allergan and amgen tests that are going on right now? >> yeah, so, again, it really boils down to how fast the drug works. we see that efficacy on day one. in addition, we're able to deliver a high number of patients to what we call higher levels of efficacy a third of the patients have a 75% reduction in their migraines and in addition, we saw those
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15% that had zero migraines whatsoever and to date, none of the other programs have shown that level of etch fficacy. >> the others are pill form. yours is intravenous would people not prefer pill form given the fact you have to do it four times a year if you're with -- >> what we find amongst the very severe patients, patients don't care how they get the drug they just want relief. they want it now and want cig cab significant relief for them, whether it comes as an injection or iv that they take four times a year, that's very appealing for them >> last question, if this -- if this data continues or is this current data enough to get approval by the back half of 2019 >> well, what -- yes the answer is yes to that. the data that we demonstrated actually in both studies promise one and promise two are of a level of significance that makes
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the drug approve bl so the next steps for us are to get that filing for the fda together and get it in and look forward to continuing our interactions with the fda for an ultimate approval next year. >> well, this should be fabulous news for the millions of people who suffer from migraines. usually lose work for it i hope that everything works out. that is randall schatzman, president and ceo of biopharmaceuticals stock got dinged sounds like it's coming back stay with cramer ♪ (nadia white) the moment a fish is pulled out from the water, it's a race against time. and keeping it in the right conditions is the best way to get that fish to your plate safely. (dane chauvel) sometimes the product arrives, and the cold chain has been interrupted, and we need to be able to identify
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...again and again and maybe just one more time. indulge in irresistible freshness. febreze unstopables. breathe happy. we rbut we are not victims.ack. we are survivors. we are survivors. we are survivors. and now we take brilinta. for people who've been hospitalized for a heart attack. we take brilinta with a baby aspirin. no more than one hundred milligrams... ...as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study brilinta worked better than plavix®. brilinta reduced the chance of another heart attack. or dying from one. don't stop taking brilinta without talking to your doctor,... ...since stopping it too soon increases your risk of clots in your stent,... ...heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily,... ...or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers,... ...a history of bleeding in the brain, or severe liver problems. slow heart rhythm has been reported. tell your doctor about bleeding,... ...new or unexpected shortness of breath, any planned surgery, and all medicines you take.
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if you recently had a heart attack, ask your doctor about brilinta. my heart is worth brilinta. if you can't afford your medication, astrazeneca... ...may be able to help. >> announcer: lightning round is sponsored by td ameritrade >> it is time. it's time for the lightning round. cramer's "mad money. >> sell, sell, sell. >> buy, buy, buy >> and then the lightning round is over. are you ready, skee-daddy? a special philadelphia eagles get on a bus or go home lightning round on cramer's "mad money. let's start with dennis in new york dennis >> caller: hey, jim. how are you? thanks for taking my call. >> all right, skee-daddy. how can i help >> caller: i'm looking to add a credit card company to my
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portfolio. i'm interested in the mastercard stock. what do you think of that choice is. >> i think you ought to pull the trigger on monday. they're going to blow away the numbers. like that stock very much. let's go faster. let's go to dave in pennsylvania dave >> caller: hey, jim, thanks for taking my call. >> of course. >> caller: my stock is blessed in omaha corp. >> i liked a the that company. i don't like the billboard business les let let's just say this, sell, sell, sell let's go to brandon in florida brandon? >> caller: boo-yah, cramer. >> boo-yah. >> caller: talk to me about citizens financial group >> it's moved up too much. swap out of that and go to jp morgan go to marissa in missouri. marissa? >> caller: hi, jim, boo-yah from kansas city. thanks for taking my call. >> love kansas city. how can i help >> caller:time a millennial that loves taking selfies i wanted to know if estee lauder, symbol el, is still a good guy. >> one of the greatest executives in the world. buy them
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get on the bus bart in texas. bart bart >> caller: jim, is waste management, wming a buy, sell or hold >> a super duper buy, buy, buy see the buyback they just announced? i've been telling club owners at actionalertsplus.com both fabulous. i'm not done i'm going to lawrence in until physical lawrence >> caller: jim, boo-yah from clear water beach. >> what's up never rains there. how can i help >> caller: fog today hey, arbital atk, symbol oa. >> that's kind of a done deal. i like it very -- they made a lot of money i think raytheon, time for raytheon and general dynamics. let's go to craig in new york. craig? >> caller: gulfport energy >> which one gulfport no, no, no we're going only the highest quality here we have to go literally schlumberger or simerex.
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oh, my god, and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade hey, cramer, and boo-yah >> boo-yah, cramer i'm here with my dad >> hi, jim. >> i'm 10 and i like trucks. is it a good time to buy and take a ride with ryder >> i -- oh, sorry, i jumped the gun. by the way, it was founded by his grandfather. let me -- i got to scratch this. 20th annual conference too short -- you would need a microscope or at least one of these things to see where it is. >> caller: yeah, i don't think you sleep very much. >> no, i actually don't really care for sleep ever >> jim cramer. jim cramer jim cramer life of pain. >> i did, i woke up siri
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i got to bust it i can't. i woke up siri. >> jim cramer. jim cramer jim cramer jim cramer looking? >>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. >>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.
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earlier this week we got a chance to hear from all sorts of consumer-oriented businesses at the gigantic icr conference in orlando, thank you, icr people, for having us down we didn't just speak to publicly traded companies we checked in with some startups that just might represent the future of retail
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take a company like faherty brands, f-a-h-e-r-t-y brands up and coming high end lifestyle brand focused on apparel and swim wear. the company has on six stores but they're in fancy locations soho, west village malibu, newport beach in california they've been having a lot of success. i guess the preppy beach bum look is in if you give it a guarantee for life, probably that helps we sat down with alex faherty who founded faherty brand with his twin brother and now serves as its ceo. i'm thrilled to have you you're part of the american dream. you didn't like what was on the rack, didn't like what was there, so you decided, you know what, we're going to make high-quality clothing. why were you able to make that leap you had to believe in myself. >> believe in myself i'm fortunate to van identical twin brother -- >> we do have alex, right? you're not doing one of those switches. >> i'm alex. mike's not here. identical twin since we were kids mike was
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always a talented artist, decided he wanted to be a fashion designer since we were 10 years old we talked about having a clothing company one day. here we are talking about it. >> there's a perception in the country that all the retailers out there are done, no new one, who would go into that you guys surprisingly have great economics. you're able to pull it off. >> we are. it's a new world of retail and the customers are looking for something new. i think it's been the same retailers opening up more stores and i think now the customer now who wants high quality, wants something that's authentic, wants something that's craft feeling to it and it opens up an opportunity for a brand like ours. >> but it's also a guarantee of quality that i don't know anyone else is offering >> correct we have a lifetime guarantee in any piece of clothing i make. >> how can you do that >> we can do that, at the end of the day, jim, clothing should last a lifetime. that's our belief. >> hammers with craftsman --
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clothing >> that's our commitment we put our heart and soul in everything we make it should last a lifetime. that's our belief. >> you must have tight control over your manufacturing. >> we definitely have tight control offer manufacturing. my brother spends about a third of the year traveling, himself, to all of our factories overseeing all our production. it's a hands-on operation. it's our life, it's our whole family's in it. >> right. >> this is how we get -- this is how we make it. >> well, speaking of whole family, i called my wife because i knew you were coming on, i said what you know about these guys she says, i'm reading the capital. a 20-year-old, a 19 -- this -- these are sweet spot people, aren't they, for you >> yeah, so we're reallyspot pe, aren't they, for you >> yeah, so we're really that 21 to 45-year-old demographic, this is the person who, you know, wants something that's just a little bit better and feels a little bit more special and they want -- they're willing to pay a little bit more for that quality. >> you have a store in bleker street the economics allowed you -- a
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lot of people who are watching say tg not possible, i'm a designer, i went to parsons, f.i.t., the equivalent, there's no way you can do it you pulled it off. >> what it is, right now with all the stores that are closing, it creates opportunity for new brands landlords are willing to do shorter-term deals with the brands can actually make money i think that now is going into our favor as far as being able to open up new retail stores. >> okay. expla explain to me the model, wholesa wholesale, where are you >> we are going into this year, we're 40% e-commerce. >> 40% -- did you -- you're going -- you're backing that in. most of the guys who are in clothing are desperate to try o to -- >> we started wholesale, for the first three years that's wh what we did, gave us scale, got us into 150 small specialty stores across the country. i traveled to almost all of them handshake with the owner, help sell to their customer, you build that relationship. then from there once we figured out the wholesale channel, we could retail well against established brands --
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>> right. >> -- we decided if people like our brands in nordstroms of the world, they can like it in our own store. because of companies like shopify who allow a small brand to do things -- our technology, we can do whatever the largest of brands can do now the barriers of entry have completely change. >> we recommend -- precisely what you're talking about, we like etsy, shopify explain to people what they do for you. >> okay. basically what used to cost $10 million to build a back end of a website for a customer, i for $1 $1,000 a month can basically have the world's greatest mouse trap when it comes to creating a website, i can do, create anything i want in this site and there's open source app creations that allow you to basically add on anything you would ever want to add on to the website. it's magic it's amazing. >> now, twin brothers, one seems very style, very fashion your background is finance a good marriage there. >> yeah, so i am the -- i kind of handle all of sales, operations, you know, all kind of the back end nonflashy side
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of the business. mike handles all the design. graduated from college, worked in finance for almost ten years and, you know, fortunately, like, mike and i were able to marry this together and, you know one thing about having a business partner who's your twin, it's ultimate trust. >> sure. >> even in the hardest days of a startup company where i could barely make payroll, we had each other to lean on. >> one last question i know because you know finance, you could come public someday, but is it too confining? i mean, a lot of people who are public now wish they'd never gone public or something you want to do because a lot of people want in >> you know, it's a good question, jim. i think, like, you know, i think still, like, we're willing to submit -- to your point on the american dream, i think one day to have a public company is still, like, that is really cool i mean, that's something where, like, you're part of the american dialogue and you can help make people, you know, retirement work if the company does well and really let people share in that success. i mean, i'm still a fan of it. >> well, you deserve it. you deserve every bit of success that you're having okay that's alex faherty, i think,
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not his brother. >> alex, yeah. >> founder and ceo of faherty. i got to congratulate. you are the american dream. >> thanks, jim. >> put it there. the great emperor penguin migration. trekking a hundred miles inland to their breeding grounds. except for these two fellows. this time next year, we're gonna be sitting on an egg. i think we're getting close! make a u-turn... u-turn? recalculating... man, we are never gonna breed. just give it a second. you will arrive in 92 days. nah, nuh-uh. nope, nope, nope. you know who i'm gonna follow?
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my instincts. as long as gps can still get you lost, you can count on geico saving folks money. i'm breeding, man. fifteen minutes could save you fifteen percent or more on car insurance.
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we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. here's a, i'm leaving the office wondering will the stock of boeing go down?
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i like to say there's always a bull market somewhere. i'm jim cramer i'll see you tuesday >> 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." ♪ with a money-saving idea to help parents entertain their kids. ♪ i'm nikki pope. i live in los angeles, california, and my company is toygaroo. (singsongy) look what i have. yay! i have 13 nieces and nephews, and they absolutely love playing with toys. i call them my playtime professionals.

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