tv Mad Money CNBC March 16, 2018 6:00pm-7:00pm EDT
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to see what that stock is going to be at that level or beyond it by expiration. >> final call. >> buy oracle. >> mike. >> put spreads in square. >> dan. >> i like the april 65, 60 put spreads. >> our time has expired. i'm melia lesse. for more options action, go to our website. don't go anywhere, though. "mad money" with jim cramer is up next. >> hey, i'm cramer welcome to "mad money. welcome to cramerica i'm just trying to make you some money. my job is to educate and teach you. call me at 1-800-743-cnbc or tweet me @jimcramer if i had to sum up this market in whole word it would be
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challenging. i say that when the dow gained 73 points. nasdaq essentially flat. challenging as in stocks can be up right from the get-go then we give up the goods. the averages come roaring back except we do it with fewer stocks rally and many names left behind welcome to the post-highs market where there's too many headwinds swer swirling from rising oil costs to west wing revolving door and failed take office and unhelpful government intervention. mixed in with all these negatives is the one certainty of this era, earnings are fabulous, people we have an endless stream of surprises. so it's the earnings you need to keep your eye on as we go over next week's game plan. on moan night oracle reports after the close. this is a cheap stock. it's got a strong old school software business and a cloud
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business getting stronger. i think if oracle can boost its growth rate by a couple of percentage points the stock can take off the risk-reward is pretty good even when oracle is disappointing in the past it barely gets hit because bargain hunters can't resist it. if we get a surprise or have the kind of run that throws cisco from low 30s to 40s in no time flat on tuesday we hear from children's place comes in the morning. we pull up ceo earlier this year she's defying it with products that need to be tried on at the same time she's covered the firms plank with a buy up in the store or free shipping children's place is expensive so the stock, not the store, so i think that being down 5% this year could be a bargain. after the close, one of my absolute favorites, fedex.
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these guys have been questicrusg the competition. but they are worried about the phantom of amazon. small percentage of fedex traffic. we know this stock can be highly erratic. it trades lower which upon further review is positive numbers. buy half before and half after by buy general mills reports wednesday and i've been championing this one candidly, admittedly to no avail for its blue buffalo pet products acquisition many think they are overpaying but i like the deal not just because of the love mr. nvidia shows for the product, buying blew buffalo diversifies general mills. we like the humanization of pet store whether we're talking about zoetis or red hot idex labs now the narrative encompasses
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general mills. after the close we hear from another retailer, philadelphia's own five below liquidation toys "r" us remind us retail is fickle. thursday is the most important day. darden, the parent of olive garden okay which has done an amazing job providing good food for low prices not everyone loves it. my wife for instance insists on saying we own an olive grove in italy because an oligarch sounds too much like darden chain my daughter and i love going there for lunch. when you see the numbers i bet you agree i'll right and lisa is wrong. done watch the show. i'm a-okay we've warmed up with conagra it transformed itself from dated
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group of pantry brands to a favorite set of meals and treats loved by millennials that uses better packaging not that plastic like gillette i like the risk-reward going into the quarter of conagra. when we type it in acn it spells sex. i bet wall street will be shocked that this information technology expert can deliver such great numbers the only thing surprising me is how people don't see this companying accentura helps companies get digitized. then at the close we get numbers from nike, kb homes. nike is charged with controversy not just over earnings but sudden departure of one of my favorite executives who so often told fabulous tales of success on each quarter. he's the keeper of jordanser and friend of personalization. he will be missed.
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even as i'm expecting it micron will be a blow-out. we hear from one of the customers. and the ceo confirmed that prices for d rams one of micron's two key products remain much firmer than anticipated even last fall the stock had a fantastic run as of late but that's usually how it works before a terrific quarter. that stock of the rampant again today. remember we just got back from silicon valley where many tech gurus are shocked that price cigarette refusing to go down. they should listen to the ceo of applied materials, gary dickerson who knows the semiconductor manufacturing equipment that his company makes is in short supply and that's very positive. means no one can suddenly flood the market with new d-rams kb homes is controversial. when i loved it in the low teens wall street loathed it since then the stock doubled
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it makes me nervous about this national home builder. finally on friday we get two macro numbers that might break the logjam i'm talking about durable goods and new home sales durable goods can be okay given strength in material stocks. new home sales will be weaker. something to cause rates to tick down to 2.7. if that happens the mark will give a sigh of relief. we have some terrific trading opportunities next week all with buyers to the outside. don't forget the thicket of national news mostly elm naturing from the white house has not been good. not been good for stocks lately. hopefully my old friend larry kudlow can calm things down a bit. however we can no longer rely on washington to give us a positive backdrop which is what makes this market so challenging compared to last year. may we go to paul in
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pennsylvania paul >> caller: hey, jim, how are you? >> paul, i'm fine. how about you? >> caller: oh, i'm doing fine. i want to wish you from down here in philadelphia a great boo-yah and eagles go for number two. >> i got to tell you, i was surprised they had to let vinny go but the salary cap issues do matter what's going on? >> caller: okay, jim my stock is u.s. concrete, uscr. i have some worries about it but i've also have some hope for it and you said to be patient when you recommended it back in december at about $83 to $86 >> i've been behind it for a long time. it is down at the bottom end of the range and i believe in u.s. concrete i think it's a fine company. eric in massachusetts. eric >> caller: boo-yah, jim. thank you for taking my call
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two years ago i bought mobile at $2 a share t-mobile stock do you think we'll see t-mobile stock break out of its consolidation phase. >> it's a hard verdict to call static it hasn't done that much you know what i've been eyeing this one for the club and i think that john leasher whom i just tweeted a few minutes ago is going to report a good quarter and i think t-mobile is a straight out best stock. be ready for plenty of opportunities next week with a bias to the upside particularly fedex, darden, conagra, accentura. what can i say that's not bad remember, don't rely on washington for positive backdrop any more don't be lazy about that it's not presidential strong buy time any more. how can trump's tariffs on
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aluminum and steel impact? let's ask the ceo. then it's a global media behemoth it's up 65% so far this year netflix is crushing it and has become the content king. should you consider streaming the stock? you don't want to miss that piece. i sit down with a tech company winning businesses from 23 me to domino to one of the largest airlines all sophisticated clients. is it time to consider new i'll talk to the ceo so stick with cramer >> announcer: don't miss a second of "mad money". follow @jimcramer on twitter have a question. tweet cramer, #madtweets sends jim an e-mail to "mad money" @cnbc.com or give us a call at 1-800-743-cnbc miss something head to mad ds moen spomoney .am
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fidelity. who entertaining us, getting us back on track,thing? and finding us dates. phones really have changed. so, why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. choose by the gig or unlimited plus for a limited time get a $250 prepaid card when you buy any new samsung. xfinity mobile. it's a new kind of network designed to save you money. click, call, or visit an xfinity store today. >> what do you do with a big industrial company where everyone is freting about a trade war. take united technologies making
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elevators, climate control equipment and security systems while the global economy is on fire management floated the idea of breaking up company the company will be hit directly by the president's new steel tariffs and target for retaliation if our trading partners decide to go tit for tat. that's why the stock is down 8%. we could be looking at a nice buying opportunity "early today" i got to check in with greg hayes the forthcoming chairman and ceo of united technologies take a look. gregg, it's good to see you. i understand the analysts went very well. give me 30,000-foot overview of the main points that you made. >> hey, jim. good to see you as well. so today we hosted our annual investor meeting, about 75 of our key institutional investors as well as some other folks and
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high liked each of the four businesses, aerospace business, climate business reiterated what the goals are for the next three years financially as well as the investments that we're making in innovation >> now did you stress some of the longer term views, urbanization, middle class, long term demand for aerospace? >> yeah. actually the part that i covered in my introth this morning. urbanization is the growth of the middle class, growth in air traffic. all those trends are things that will benefit our business over the next five, ten, 15 years if you think about aerospace specifically, it's about 29,000 aircraft flying today in the world, commercial aircraft by 2030, so 12 years from now that number will be 47,000 in those next 12 years you'll have to produce about 30,000 new aircraft in order to meet the
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demand that's a huge number of aircraft so we're going build more in the next 12 years than we've built in the last 50 years so a huge ramp but, again, it's really why we're in the commercial aerospace business is to take advantage of that big macro trend. >> one of the things i was thinking of you in this last week because my old friend larry kudlow versus the hard-liners who want tariffs, so much of what you do, you're a dominant player in china for our country whether otis where you really have just made your name aircraft, we know chinese need so many. at what point are your concerned more about politics than you are demand, which is incredibly strong >> yes so i think that is a concern, an overriding concern that we have today is we don't want to see a trade war with china again, we import a lot from china. they import a lot of aerospace
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parts from us. specifically from boeing as you know boeing is the biggest customer that we have in the aerospace system side. a trade war, nobody wins and i think, you know, the fear if we get in this tit for tat on trafs that's a problem hopefully the chinese will react which they have so far a pause and not go down a bad path but it's a concern >> i know you did discuss the worries about commodity costs because you're a gigantic buyer of the metals that the president is putting tariffs on. at the same time this is probably the best i've ever seen, all three -- i guess we can call them four because the way you divide aerospace the best demand i've ever seen how do you balance this? >> well, if you think about, you know, the metals we buy 5 or 600,000 tons of steel a year we buy 3 million pounds of
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aluminum most is bought outside of the u.s. only a third of the metals are actually bought here in the u.s. so as we think about the impact to the business in the short term it's not going to b significant. it may cost us a couple three pennies this year. some of that you'll recover through pricing, but it's one of those worries out there again if you start with tariffs on steel and aluminum where do you go next >> right i think we have to recognize that lots of companies are getting shaved two or three points you got something going that i think people don't understand. people feel that all engines are the same one aircraft engine is the same as another aircraft engine that's not the case, right because of engineering you have changed the game >> well, yeah. i think it's beyond engineering it's innovation. if you think about what pratt has done with this turbo fan that we talk so much about a $10 million investment in development that we've made.
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it changes the game in commercial aerospace we've talked about this. the engine is about 16% more fuel-efficient than the engine it replaces. it's got about 75% lower noise signature. it's got about a 50% reduction in emissions so if you think about it, each one of the engines typically gets introduced two or three-point increase in efficiency this is 16 points. frankly despite some of the issues that have been out there the customers love the engine. >> all right now you did see these, talked to a lot of your investors. how many of them feel that climate controls, aerospace, that they don't necessarily go with elevators how many people said, you know what this is the time, gregg, i know some of the shareholders are really agitating for this and feel this is a great synergy >> well, i think it's interesting because we asked that question and i heard from a lot of investors today some of them say absolutely you need to break the company up
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because elevators and air conditioners have nothing to do with jet engines other investors have a longer term perspective, understand the benefits and synergies you have for having a large company together best in class sg and a around 10%. none of the industrial peers have that. we have it because of the scale of the business. so obviously you lose some of that if you break it up. still something we need to think through, need to go through the process and i think we owe investors an answer by the end of the year. >> i know that a lot of ceos including you say we have a board to think about you're uniquely set up to make a decision i know fred reynolds for years he's on two companies that faced these issues ellen coleman few people have understood the need to split or not. and brian rogers if i want to know whether i
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should break up he would be the first person i would call. would the valuation go up? so is your board -- are those people going to be sitting down with you and saying, you know what we think that this would be best for stakeholders, best for shareholders because this board is uniquely, you task them they will come up with the right answer >> look, jim we're blessed to have a great board of directors you mentioned a few people you got j.p.garnay, terri mcgraw, you got just a great group of people that have a keen understanding of the investors and of the business. i would tell you, those the first thing the board and we had a boar meeting here two days ago i said the first thing we need to do is close on rockwell collins. we'll do that in the next two, three months once we closed down on rockwell, once we started the integration i told the board we would go through a process by the end of the year tomake a decision
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having brian rogers on the board, having ellen who went through this process while she was at dupont, having fred reynolds who has been through this process a number of times as a board member those are invaluable insights. so it's not like we need to go outside and ask a lot of questions because i think the board truly understands what's important to investors and long term stakeholders in the business >> look, congratulations on just a great run since you've come in, done so much right i personally just think that they are both good options staying with and breaking up i'm sure you'll make the right decision thank you so much, sir thank you, jim take care.
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portfolio managers some analysts and commentators have a very hard time recognizing a good idea, even when it smacks them right in the face. that's true when it comes to growth stocks. consider the incredible case of netflix. here's a long time favorite that's made you a fortune. netflix is best performing stock in the s&p 500 for 2018, up 66% year-to-date the darn thing has rallied more than 1,000% over the past five years. but after spending a week in silicon valley i realized something crazy. the thing the experts love the most about netflix is massive library of original content. not that long ago this was the single most hated part of the story. for years the experts absolutely loathed the idea that this company was spending so much money developing its own programming. if you listen to the conventional wisdom you would have thought netflix was burning
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the money. some even said this original content would be the company's downfall even the bulls assumed that these costs for netflix is achilles heel. now one of the company's biggest selling points yeah one of the biggest selling points these days we're told netflix content library is what will defend the business from its competitors far from being the company's weakness universally acknowledged as its greatest strength why i do bring this up i don't want to take a victory lap and point out how i was right and the bears were wrong netflix is just an example of a larger trend wall street loves growth but lots of professionals hate it when companies spend money in order to get growth. so they try to steer you away from stocks of great companies with amazing prospects just because those companies are investing in their future. i don't want you to be frightened away from the next
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netflix which is why we need to go over what happened here this story illustrates a very important point for the future these days we accept when netflix spend 7.5 to $8 million in nonsports content it's a good investment good because this program cigarette what fuels the company's explosive subscriber growth and new subscribers are the magic ingredient that sends this stock to new highs but it wasn't always like this look back to 2013 and 2014 when netflix was starting the most recent leg of its rally a ton of analysts thought the company was making a horrible mistake. in january of 2013 right after netflix reported a terrific quarter, rich toole recommended selling the stock. it was a take over story to an untenable content library -- i'm sorry, content liability growth
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story. end quote. throughout the year he kept emphasizing the same thing calling the company's content liabilities a ticking clock, like there was some kind of time bomb remember at this point house of cards and orange is new black already made a huge splash the stock kept surging at the end of the year toole threw in the towel brian fitzgerald downgraded netflix in april of 2013 when the stock was around 30 because of valuation concerns. if you took his advice you missed out on a ten bagger but he kept flogging the sell call by 2014 he saw the company's increased content as a reason to be wary. all these investments would hit netflix margins which was missing the point as the stock was a revenue growth story he threw in the towel. but throughout his whole run jeffries rated netflix either as
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a sell or hold because of these very spending worries. finally the worse offender of them all and the nicest guy, michael packer second time i had to bring thunder. i'm sorry, michael honestly you've been a bear on netflix for more than six years. he had an underperformed rating on this since november of 2011 michael. every step of the way, he pointed to the company's ever rising content cost as the major reason to avoid the stock. whenever netflix would blow away the numbers he expressed content concerns remain or the company is hampered by content cost. last ok he pushed a title prices go up as content costs climb reiterating underperform, raising price targets to 88. $88. as netflix climbed from $100 to $300, he raised the price target
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from 50 to 90. he took it to 110 after the latest fabulous quarter. open-minded fellow in his last headline your cash ain't nothing but trash. packer says he expects netflix to burn cash to fund content acquisition. never mind the company blew away the subscriber growth forecast, he just can't get over the fact netflix keeps spending more and more money on content. i'll give him point for being consistent he's focused on his discounted cash flow model. he won't let something like the stock price change his mind. but it doesn't work for a turbo charged growth stock that envelopes just doesn't work what these have been missing is netflix is trying to take over the world. one of the few services in the world that generally must have -- can you live with that i can. the home grown content is the reason why i love their stuff that's how these guys can raise
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prices without upsetting the customers. unlike television networks netflix knows what you want. they know what you like better than you do. so they've been very good at creating content that causes more people subscribe especially foreign language contend that's been driving the company's strength overseas. i watched titles i never have time for titles many of the best minds in the industry want to work for netflix because online streaming service can give you a lot more creative freedom than cable tv or a film studio is a win for directors. when netflix spent $90 million on "bright" people acted like the company was spending money like a drunken sailor. when the film came out the reviews were nightmarish it's bean huge success for netflix. one of their most viewed original titles ever look it's a virtual cycle we have with netflix.
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it spend heavily on content. causes more people to subscribe. they plow it back into new programming. that's the model for years and years and obviously works. however lately netflix has started catching downgrades again. first one in 2016, valuation in the wake of the stocks incredible run but you also hear same worries about content costs being echoed again. after netflix shot the lights out with its earnings report in late january, matthew herrington knocked down the stock again this was really more of a valuation call which i get he's been right. my view, betting against netflix has been a huge mistake all along. given how much this stock has run if you don't already own it i suggest waiting for a pull back before you do any buying simply because i hate the chase. bottom line of all the things that can derail spectacular growth story spend cigarette low on the list despite the hand
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wringing the bogeyman the bears used to frighten you for years out of the stock, all the money netflix was throwing at original programming is now a reason to own the stock. and it doesn't get any clearer than that. i'm going to dave in illinois. dave >> caller: dr. cramer. hey, i want to thank you and your staff for an important and informative intersfrus silicon valley earlier this week and also early into your 14th season of "mad money" >> there we go we're trying to do it. thank you very much dave yeah, out west was fabulous. it was fabulous. how i can help >> caller: you are getting it done jim, i want your take on net neutrality recently a group of some 20 states attorneys general filed a petition in federal appeals court to challenge the fcc's recent repeal of legislation requiring internet service providers to operate internet
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traffic neutrally. so, jim, your take on the balance. >> look, i've been telling club members it's a tough story that it's still right to own comcast because the stock is 359. this is the most i've seen it down from its high in a long time a lot of that is self-inflicted because of what they want to do with these properties with fox i say you still own. i'm not worried about the attorneys general. at 35 i'm close to telling people who are club members that you got to go back to the well all right. don't let the nay sayers scare you. own netflix. it's still a spectacular growth story. the company is up 30% year-to-date can the stock continue to move high center i'll talk to the ceo. he's a bright guy. after spending nearly a week talking to some of the greatest innovators of our time on the west coast, which company deserves to be highlighted for a
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moment the answer i'm telling you will surprise you oracle back to new jersey, not new york edition of the lightning round so stick with cramer (daniel jacob) 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 to about 10 pounds of carbon dioxide every week. (malo hutson) 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.
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by embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to analyze the flow of traffic. then that data runs across our network, and we use it to optimize the timing of lights, so that travel times are shorter. who knew asphalt could help save the environment? ♪ or a c-anything-o. but i've got an idea sir. get domo. it'll connect us to everything that's going on in the company. get it for jean who's always cold. for the sales team, it and the warehouse crew. give us the data we need. in one place, anywhere we need it. help us do our jobs better. with domo we can run this place together. well that's that's your job i guess. ♪
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when the market gets more uncertain we fall back on powerful long term themes. they can keep generating gains even if all the big picture stuff goes sideways. that's why i'm always talking about the cloud. because the cloud is one of these transformational stories that will be with us for a long time you just need to find the right ways to play it. take newr the cloud based application that helps other companies keep track of what their software is doing and how their users interact new relic provides digital intelligence in real-time. help clients get inside the heads of their customers company is in great shape and stock is on fire can it keep growing? yesterday we sat down with the founder and ceo of new relic take a look. congratulations, you're making
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money and making money well before i thought you would >> thank you we're thrilled with the progress of the business. it's been -- we can learn some great results last quarter but really just a step along what we think is a really exciting long term yourn to change the world i hope this moves faster with their software >> you're revenues are moving faster not the kind of thing where i was concerned oh, they make money maybe they are slowing down actually your skrieting. >> we accelerated revenues last quarter and there's a lot of factors driving this growth. so first is like every business right now has to move faster they have this imperative of they are competing on their software and whoever moves the fastest and delivers the best customer service will wen. think about when you go to take a flight, if you're like me, check in on your phone >> the mobile. >> absolutely. like you got to make sure that works. one of the largest airlines in the world came to us we need to you help us deliver better customer experience. we eliminated their arrows and
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helped deliver flawless customer service. >> i want to go into that there's nothing like that hand-held operation going down for people frightening, scary and it has to be perfect >> it does i ordered dominos the day before last it arrived right away. that digital experience was core to it. come to no, sir is a long time customer they realize this is our business we have to treat this incredibly seriously and new relic helps them manage it with precision. >> i'm glad you mentioned domino patty doyle now retiring, he i always say is a technology company that delivers pizza but you're too modest. a lot of what makes the ordering perfect is actually new relic. >> we like to help businesses be at their very best with their digital initiatives. we want to take them to a place to be confident to move faster
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an airline that describes themselves a technology airline they can see in real-time with what's going on with they're customers. >> we call this is cpg quarter consumer products -- look at this mccormick -- the biggest what are you doing for these guys >> what we're doing for them we're helping them move into the 21st century with their digital initiatives. if you connect with your consumers you have to have a digital strategy your primary market to go strategy and new relic helps them succeed with that >> i want to talk about how many multiple million dollar customers you have now versus say five years ago >> oh, gees. it's got to be -- i mean it's -- we don't have a number that we published on multi-million dollar customers fastest growing segment.
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>> you can use 319 from third quarter 2016 to 629 third quarter 2018 you shared us that. that's amazing >> that's the high end of our segment. so that's growing faster one of the interesting things we've seen about our customers more customers spend with new relic more likely they are likely to grow customers who invest with us and have the capacity to grow with us grow faster that's because we're particularly strong in the enterprise segment fastest growing part of our business we feel it will be underpin the growth strategy for years to come >> you seem to get to know the people who get technology. fox and major league baseball. 23 smartest people >> absolutely. you think about what 23 and me does they help people understand their genetic makeup do analysis of your genes and they do that through an immensely complex software system that has to work. i visited them last year i was amazed what they were
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doing. more amazed how they bake into the fabric of how they run their operations >> they can't be wrong eat per >> they are smart folks >> one of the things i loved about your recent interview, someone asked you about artificial intelligence and you had to explain that's the word that's thrown around but you're talking about what it really means. >> absolutely. our customers don't come in saying what are you doing with artificial intelligence. ai is an interesting opportunity for us because we can reduce the cost to our customers of running these complex systems, reducing the amount of manual labor i feel to turn this off and over marketed think what your customer as problems are sometimes as a great tool. >> also there's i think another miss n misnomer are you on or off
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premise. >> so in a modern architecture again what's driving all of this is businesses need to deploy software multiple times a day. changing their production environment multiple times a day. in the traditional environment they might change product twice a year so imagine something that used to change twice a year now needs to change a bunch of times a day. modern architecture enables customers to do this but there's this risk that wasn't there before. if you change things around new relic helps you to move with confidence that's by far the fastest part of the market. it includes more than cloud executing. that's what we think of as home turf >> when you speak of home turf, wait a second could they get killed by amazon >> they are a great partner for us the ceo has been on record saying how new relic is a great partner for amazon we think the same of them.
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new relic customers have a common mindset basically they are in the business of kpeefting on technology. amazon helps them compete better with their technology and so does new relic when new relic and others like google, microsoft, ibm, when we partner with these major cloud providers we help our customers move faster with software and that helps the bottom line >> you've done a great job for customers and shareholders new relic has been killing it. new relic, this is the founder and ceo. amazing stock. thank you.
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for being you, man >> well, thank you >> caller: my stock is ctrl. >> too competitive an area it's down. evan in massachusetts. >> caller: cramer, how's it going. >> doing well. how about you? >> caller: question on well. >> investment trust we do not need that right now. i got enough headaches go to jimmy in arizona >> caller: i appreciate you picking me up. jim, i need your direction on this you know, you do your due diligence and try to find a stock that's good to invest in and then it gets hit by a short activist hedge fund activist and i need to know if this is real or not but my stock is credit -- >> that guy has done nothing drone company. i have to tell you here's what we'll do for you because i happen to like it. we're going to dig into this
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story. i can't get it done in the next five days but we'll find out what's going on there. i can't say go buy it because this guy is making some serious charges. mike in georgia. mike >> caller: cramer, what's going on >> not that much how about you? >> caller: i'm having a wonderful day down here in atlanta. i need help on this stoic have i bought it for my grandchildren, three of them under 3 years old. i'm looking at run >> solar a good solar stock which is quite surprising but for teenage group 3, i like that my problem is that this stock has run a little too much. and that's the lightning round >> announcer: the lightning round is sponsored by td ameritrade my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan
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they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management. take a deeeep breath in... and... exhale... aflac! and a gentle wave-like motion... liberate your spine... aflac! and reach, toes blossoming... not that great at yoga ya but when i slipped a disc, he paid my claim in just one day. so he had your back? yup in just one day, we process, approve and pay. one day pay. only from aflac i we worked with pg&eof to save energy because wenie. wanted to help the school. they would put these signs on the door to let the teacher know you didn't cut off the light. the teachers, they would call us the energy patrol. so they would be like, here they come, turn off your lights!
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if you want to really get your head around what's working technology, you need do what i do you need go out to the west coast and meet the executives of these marvelous companies face to face. that's why i go out there multiple times a year because i think it's the best way to grasp incredible innovations that are the life blood of the industry there are just so many powerful themes at work here and it's a lot to wrap your mind around if you don't go out there in person you got the cloud revolutionizing the way we do business you got big data where companies take all this information and mine it for useful insights.
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you got the payment and finance pioneers like paypal amazing things being done with semiconductors and to make those chips you need expensive equipment. intel is transforming the brains of the personal computer not to mention working its way into the heart of data center and autonomous vehicles. hp is making a come back twitter is allowing the president to cut-out the middle man while firing a secretary of state in an insulting way. and now that so much of our lives are conducted online, we need to keep our data extra safe as well as our bit coins which is exactly what fire island and other cyber security plays is all about. that's a lot to keep track of. every few months i go to san francisco. i think of it as paying homeation to the greatest innovateors of our time. you can't interview them by satellite. you have to press the flesh in order to earn their trufrt
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i like all the tech stocks i mentioned. intel is the cheapest. they all look good to me of all the innovative companies i talked to in san francisco the most i'm fascinated one the one that's not a technology stock. clorox yep. i regard clorox as a stealth tech pay granted all the obvious tech names i mentioned have tremendous growth driven by powerful customer demand in many cases they are growing at a double digit clip clorox is trying to scratch out 2% growth which puts it in the portion of a stagnant cohort gee how am i mentioning clorox in the same breath as these tech kingpins this company has been backed into a corner for clorox and innovate or die. ceo needs to develop new
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products or his stock will go solo that the company may have to get acquired by a larger competitor for a fraction of what it could be worth so what does he do he comes up with new lines for its organic divisions. he buys health and wellness supplements and stretches them from a foot drugstore so more like a yard per store. new products for startling innovation to get the word out to the next generation of consumers. he puts half of his advertising budget online. that's where the readers are clorox may look like one of the more boring businesses to man. but it's an innovation machine the stock is down 22 points from its highs. as much as i like the company no denying consumer staples are out of favor with wall street fashion show and that goes double for clorox as the latest quarter was suboptical
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it can go lower. stick with technology names i mentioned earlier. for those of you that love innovation but fear volatility of tech, clorox is exactly the kind of stock that could be worth buying slowly and patiently into expected weakness. as this market is no longer willing to give the consumer product stocks the benefit of the doubt. stick with cramer. at&t gives you more for your thing. your me-time thing. that sunday night date night with hbo allllllll night thing.
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what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley all right. among all the tech names, this one was broad qualm. it's an inexpensive stock. the holders, there were so many people that thought they were going to get qualcomm they dumped it wholesale. but the quarter itself wasn't bad. it was okay. i'm jim cramer see you monday
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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." ♪ with a product she believes will help expecting moms feel beautiful. ♪ hey. my name is deidrea haysel. my company is hot mama gowns, and i'm seeking $30,000
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