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tv   Mad Money  CNBC  March 20, 2018 6:00pm-7:00pm EDT

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>> zinga, buy it >> i'm short iwm. >> i'm keeping in the casino family wynn resorts >> i'm melissa lee thanks for watching. see you ckerba he at jim cramer 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 save you and make you some money. my job isn't just to entertain but to teach you call me at 1-800-743-cnbc. or tweet me @jimcramer how can this market get it tallahassee back on track after a day with the dow gained 116 points but was up a lot more s&p advanced just 0.15%.
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what do we need to see before we can start believing that we are in a sustainable rally this market is going to need a big machete. to carve a path forward for the bull it will not be easy. we're in maximum controversy mode meaning it's filled with elephant grass, mosquitoes and trippi canopy cover making it impossible to blast the bears. that doesn't mean that nothing can go right it just makes the gauntlet more difficult. what needs to happen i'll trace it out. first the fed chief needs to blow us away with his statement at tomorrow's press conference but believe it or not this is the easiest part a lot of people are acting we're about to step on a land mine with this guy. but nothing could be further from the truth the guy has been practicing for this role his entire life. he knows exactly what the market wants to hear and he will deliver it
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specifically he needs to tell us the economy is strong, not too strong but robust enough to create a lot of jobs and stress how there's more job creation coming down the pike and has to dodge any questions about trump other than to say the corporate tax package has spurred good growth take a shot ef rhyme time he says the word growth but i don't want to be responsible for that kind of liver damage then he pass to defend the rate hike and say he sees incipient inflation enough to remind us to get interest rates back to more normal levels. now, this is really important. he must, must, must talk about how amazon or its ilk and new digitized economy are agoing to contain the inflation you would normally expect at this point of the business cycle no one talks about it. it is just dumb. automation and competition are keeping prices down. by the way, autos have already peaked these are good things if you're the fed chief. the real inflation is short term higher plastic prices because so
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many factories closed down after the hurricane and surge in demand for drivers which we keep hearing about. you know what, i regard that as a high quality problem it means there are places where relative unskilled workers can still get decent jobs and he needs to justify the rate hike as a preemptive strike that could come with the fast growing economy even as it hasn't come yet and has to talk about the next rate hike i want him to do it like his predecessor, explain he'll remain data dependent even if he wants to normalize rates and can't be tone did he have to the dangers of lockstep rate hikes but if he wants to he can tentatively commit to three and the market will love it. that's all he has to do. that's all he has to do. if he follows my script, i think he actually will, then the banks and techs and health cares with rally. i think today's afternoon run was about the script i just outlined and how it can occur. it brings me to the next
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ingredient the cloud kings have to soar last time oracle announced what was called a slowdown, it was kind of brutal it's amazing that the market's reaction was not to think their slowdown infected the whole group. it was the opposite. workday, saleforce, vmware and adobe roared higher with the latter seeming in an uncontrollable romp. after the close although it hurt the stock they bought mule soft. this is a $6.5 billion cash and stock takeover by salesforce for mule soft. i know the stock used to be much lower. people will complain it's too expensive. we like takeovers on "mad money. other good news, square, some good news it's back to taking a leadership position and remember those who thought nvidia was rolling over
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well, neither nor the dog or stock is playing dead. intel continues upward if tech continues to keep acting as a leadership group, let's if micron blows away the thursday thursday we need to see the european commission pledge to look into not act but look into taxes on u.s. companies like amazon and google that do business in the "uth we need to hear these could be as high as 2% no higher because anything above that will jeopardize the move in amazon up $41. and continue to roll back the price of alphabet which is a disappointment the fourth thing we need for a nice bull run we really like to hear a bunch of things from the president. and firing mueller is not one or getting rid of sessions and making quid pro quo to have a new attorney general who fires him immediately. too much like october 20th, 1973 yes, saturday night -- ideally what the president will say before he puts on any more taff
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riffs on china he'll sit down with them eye to eye and can make a deal. now, the president used to meet with aluminum and steel and stiletto and negotiation 06 billion in duties are coming at you unless you come to the table. i've been a major advocate of pushing back against china's unfair practices but it's better if we can resolve it amicably instead of taking it to the next level. while we're at it the president should send out chief economic adviser larry kudlow out and instead we won't hit europeans with reciprocal tariffs on cars if they commit to say building more car factories in theu.s let larry make the point you don't have to be the heavy only if they can't come to an agreement. that happens, well, let's say larry comes out, says good things, the industrial stocks will war they haven't been able to break out lately because of the tariff fear but i bet they take off it
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we start negotiating fifth. the really and retailers to continue i like the action some of the mall-based outfits like american eagle, urban outfitters. kohl's is climbing back, nordstrom's, macy's they were horsed yesterdayand suppliers, neither will the stock of ralph lauren, estee lauder all-time high, costco were strong today remember jay powell can help that's probably eighth one i've used fedex reported a boffo quarter, i was going to use strong but too much e-commerce continues to work no one is following this retail rally except for yours truly because no one believes there is any life in the mall or strip mall the fact that the group ignored the relative tepid forecast from children's place is a terrific tell it's like the cloud kings ignored oracle and shethese
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retailers ignored children's place. i'm going to give them a game plan to follow later in the show that will help get the company out of purgatory but they need to follow my plan to the letter. they'd be foolish if they don't. if facebook starts being smart its stock will go down but the fundamentals won't matter until management changes the narrative by pretending to have some humility and we need to have recent roadkill. general electric needs to sell emerit emerson electric pronto. it's caught up with the consumer product stocks not the techies bottom line, we have about 24 hours to fight through this thicket, machetes at the ready extra case point can be reached. lz is hot but a terrific place to lift off from let's go to garrick from connecticut. >> caller: boo-yah
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jim. how is it going? >> i'm all fired up today. how are you doing? >> caller: hey, i'm doing great. i just want to get your thoughts given the fda's rule making proposal on cigarette nicotine levels do you think there will be any residual impact with such regulation on a company like philip morris international? >> i don't like to touch these tooks. i met with a guy starting a company that will make it incredibly easy to stop smoking. i think the last thing you want to be is in a tobacco stock when this guy's product rolls out and i'll get him on the show all right. now you know what the market needs to get back on track i've given you how to get through the gauntlet and then it could be off to the races but every single thing has to happen on "mad money" tonight i'm breaking biotech in tonight's off the charts see if there's stocks in the group offering up potential buying opportunity then with twitter's recent drop, have its wings been clipped or could it be a chance to buy the bird you might know him from "shark tank" but from his bay job
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robert herjavec works hard to prevent security brachs so what does he have to say about the action in facebook i'm sitting down with the shark himself so stick with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet cramer, #madtweets send jim an e-mail at madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something, head to madmoney.cnbc.com. your brain changes as you get older. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown
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in this increasingly volatile changing environment, does it make sense to start circling back to beaten down, get this, bio tech stocks? this group has been a real laggard but safe consistent growth, you know what, might become more appealing to wall street in the world where more and more turbo-charged growth stocks keep getting called into question so tonight we're going off the charts with the ken of the
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brilliant technician to runs fibon fibonaccqueen.com. well, she admits many of the charts look sloppy, without a clear pattern there are a couple of names she's stauming in case any give us a nice buying opportunity. not saying it right here but if we see a few specific technical changes near term she thinks she would be ready to pass don't get there, you don't if they do, you do it. boroden wants to take a look at the etf, the ibb which no one is talking about. in february the market got hit with a downside correction but she points out the ibb ended up finding support from symmetry. what's symmetry, you ask we talked about this before but it bears repeating for technicians symmetry is when
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swings in stock prices tend to terminate at levels similar or equal to past swings in the same direction. in the case of the ibb, the peak, trough decline was $18.28 which was almost the same as the previous big decline of $18.36 going to the lows of november 2016, big klein, big decline if you want to understand, by analyzing the side of the ibb's past swings she sided an area of possible support for the etf and may sound totally crazy. why on earth should swings in stock prices tend to be similar in size? but it works for whatever reason you see moves of the same scaling repeated over and over again after it came down 18 bucks she was watching for any positive action that would con term we bottom when those buy triggers started firing off she knew that buying the ibb was a very decent bet. why does this matter as long as the biotech etf holds above 101, down 9 bucks from
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here, she believes it can continue to power higher heading to its next ceiling of resistance at 124, her target. perhaps even going to 1306789 wouldn't that be something i mean everyone thinks this group is left for dead earlier this month the etf pulled back to 105 and lately coming back down although the decline was bigger she expects it to retest the march 2nd low, you can see that and that's where she'll be waiting for the next buy signal and in short it appears to be cooling off after a nice queen so on the lookout for patterns that tend to repeat themself there should be no rhyme or reason if the stock market was logical, technical analysis would be pointless but the market is an emotional beast which i why i think her methodology works. and right now that's why she's watching two biotech stocks that everybody hates.
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she's watching regeneron and celgene. regeneron we filed for ages. and they have an anti-cholesterol drog. regeneron has been in the doghouse after surging, it spent month after month getting mumblpummeld a bunch of reasons remember her methodology depends on ratio discovered by leonardo fibonacci. she spots areas where that stock is likely to change its tra correctry. one of the most important in this whole realm is the 127.2 extension this is where moves tend to terminate.
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regeneron is approaching a 127.2 extension of its run from april of last year into june meaning it's erased that gain and gone 27.2% further or it will have if the stock hits $310. no surprise then that regeneron bottomed to 313 this mid-february as of yesterday it rallied 39 bucks although after the market beatdown it's only up about 20 bucks. she also uses this method to analyze the x axis that's the chart -- the time is the x ago cyst keep it 127 and the time she measures the duration of past swing, runs them through the same fibonacci prism and finds a date where a stock is likely to change course. they got a bunch of them in mid-february where it started rebounding the other reason it has to do with symmetry when it started declining in late january she measured the two previous swings, they lasted for $84 and
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82 in february, regeneron stopped going down after an $82 decline. that's how the fibonacci queen operates could this be sustainable? take a look at the next version of regeneron's daily chart, okay since last june the stock has been stinking making a consistent pattern of lower lows and lower highs and remains intact notice it rallied $39 to its peak, okay you can see that was a nice -- that was a nice catchable trade. peak yesterday before getting banged down along were the rest of the market. there's a bang-down. that matters to her because their prior rallies tended to last for 33 to $50 it needs to break out of this pattern which means clearing a bunch of hurdles in the mid-50s and mid-350s and mid-360s this is a lot to ask for remember,at the top of the sho i talked about the gauntlet. this is a gauntlet this may seem far away after yesterday's beating but it's
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what she is watching for long term to judge whether it can snap out of its funk if it can break into the mid-360s she believes that it goes to $455 mighty big if. mighty big return. how about the other buy she's eyeing celgene. once red hot stock obliterated since last fall coming down from 147 to $88 investors become increasingly worried about competition in their regulatory woes. daily chart is brutal. wow. even as a think celgene still has stuff going for it she believes the stock has found a floor of support in the mid-80s right here, okay right here that's down a point or two from where it's currently trading celgene to break out to the mid-90s from here. that would tell her that the stock is ready to run and tested those last week and cleared them but she's waiting for the stock to make another attempt. the chart is interpreted by her.
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and she thinks it's worth watching them in case they start getting traction if regeneron and celgene can break out to the upside she would get positive fast. me, i think they're absolutely worth watching he special celgene which has been punished far too harshly but there's easier ways to make money. my take on twitter the stock is down but could be prime to buy then the man, the myth, the sharks, tonight, robert herjavec from "shark tank" is lending his eye to spot the next trend and ask him about facebook hey, by the way, zuckerberg, listen, i'm more him for a playbook to get you out of this mess it will. i know these things. you could simulate craftsmanship
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the hits just keep coming in social media yesterday it was facebook getting absolutely pancaked thanks to its data leak. cambridge analytica, although that continued today and one of those organizes that helped get trump elected. today it was facebook again. over afederal trade commission probe about how they handle their user data. but the pain also spread to twitter. it was down 0.4% bloomberg reported israel was considering the legal action against twitter. according to the israeli justice minister twitter has been ignoring their repeated requests to remove content that incites people toward violence against the jewish state doesn't surprise me. there is a lot of awful stuff on twitter but does the make sense for them to sell off 10.4% on the news that one small country is thinking about a lawsuit? that's excessive
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twitter does seem to have a problem with virulent anti-semitic users but think it's more of a public relations issue than an earnings issue in fact, i think this weakness represents an incredible buying opportunity in what's become a very high quality growth stock now, just last week when we were out in san francisco we checked in with twitter's new chief financial officer. i don't know if you liked him. he told a compelling story there's a reason that this name has more than doubled over the last 12 months look, all the things that made twitter one of the hottest stocks in 2018 until today are still true twitter has spent years trying to get its act together. starting in march of last year they began to make real progress it was almost exactly one year ago that purged 630,000 accounts to fight extremism and partnered with ibm they wanted to make it a better place to be.
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gentle, twitter becoming troll central but the atmosphere has become more friendly from personal experience trolls have been very deep in the comments and the sponsors are hidden unless you're a real masochist unless you active lie view that. my kids don't mind looking at my file anymore last september they shut down another 330,000 accounts for promotion of terrorism it seems clear they've gotten the message and know they need regular housekeeping and it costs money but that's okay. you got to house clean constantly to purge these highly problematic users. that's what they're doing so he wants to get more aggressive i doubt management will have a problem with it and limited the bots that used to clog up your feed in january more than a million accounts vanished after there were fake followers. so the fewer neo-nazis get that little blue check mark next to their hage
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at the same time twitter's being improved -- its content rolling out streaming deals across news. a lot of sports, entertainment three years where they've excelled and its president is the favorite medium. trump just fired his secretary of state via a tweet rex tillerson deserved more. he's a great patriot but he got the tweet. hard to quantify exactly what trump means for twitter's business but it's darn good. in short they've done a great deal to improve the platform in a short period of time and lately initiatives have been paying off they had five straight quarters of double daily average user use. in truth twitter has been giving us excellent news for a whole year but the past two quarters were stunning. in october they delivered a nice top and bottom line but their daily active user growth accelerated to 14% its monthly active users increased by 14% that's a turn. even better the company gave
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very strong guidance for the next quarter when february rolled around and twitter reported fourth quarter results the company whew away its own bullish forecast and generated $731 million in revenue when they were only looking for 686 million and earned 19 cents a share. while twitter's monthly average user growth stayed steady at 4% would have been higher if they didn't reduce spam and bots. it dailyuser base grew let's put this in perspective. a year ago their harrison ford was shrinking. down 7% in the first quarter now it's going again up 2% for the full year analysts forecasting are guessing at 10%. that's what a comeback looks like this. is what happens when you get a massive pivot and acceleration in a short period of time. i think they deserve a lot of credit for making improvements by purging bad actors and adding new content it wasn't afraid to show it had fewer users.
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that's constructive. twitter has been doing a better job of monetizing and far more profitable than it was in the past they've had four terrific earnings beats in a row and the reason it's become better, resulting substantialally higher margins and that's really paying off. that's called leverage but put i all together easy 0 see why it's caught a series of upgrades. in particular over at jpmorgan they really nailed this one when they had a $27 price target calling it one of his favorite small tomidsize ideas for 2018 at the time that was the highest priced target on wall street and he was dead right. we often call analyst for being wrong but it's also worth pointing out when they surely know what they're talking about. when you consider all the positives, i think it was crazy to dump twitter today and it's wrong to sell it here because israel might be taking legal action to make the company get more aggressive about cracking down on violent anti-semitism.
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given their track record i think they'll want to get ahead of it and go past what israel wants. when you see a high quality stock lose over 10% of its value in a single day you got to ask yourself if it's worth buying particularly after we saw them last week and feel great bit when fist got clobbered yesterday and today i told you it was still too early to pounce although i think at the bell facebook was rallying nicely but what's happening to twitter is a lot more straightforward and i think it's absolutely deserving to be bought into this excessive pullback hey, you know what, i'm just hoping you can buy something at these prices and buy something even if it goes lower because twitter is absolutely the right stock to pull the trigger on >> buy, buy, buy. >> alan in new jersey. alan. >> caller: jimbo, a big garden state boo-yah. >> thrilled to have a home state baron going. >> caller: what's going on with snapchat >> they changed their format a lot of people were liking it so many stopped liking it.
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more interest in instagram but instagram is in the black hole of facebook and until facebook does what it has to do it will remain a black hole. arrogant, no my time that i've had. i know what they need to do. tweet-tweet. the stock of twitter has gotten hit. you know what, buy it. there's much more "mad money" ahead when robert herjavec isn't investing on the next big thing on "shark tank" he manages cybersecurity on some of the biggest companies on the planet. i'll sit down with him and ask him about bitcoin. are we safe in bitcoin are you raisi. how should he get out of the mess, mark zuckerberg, and the lightning round so stick with cramer
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hi i'm joan lunden.
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with pg&e in the sierras. and i'm an arborist since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up in the forests out in this area and honestly it's heartbreaking to see all these trees dying. what guides me is ensuring that the public is going to be safer and that these forests can be sustained and enjoyed by the community in the future.
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as if we need another reminder cybersecurity is important. because of its poor handling of the user data server, it serves as a reminder. this is the worst one i've seen in terms of how to handle it we got to find someone would knows more than anybody and that's why i'm thrilled we have a chance to check in with robert herjavec he is the cybersecurity expert and entrepreneur behind the herjavec group a major privately held player in the space and you probably recognize him as one of the original sharks on "shark tank" and author of "you don't have to be a shark creating your own success. mr. herjavec, welcome to "mad money. i can't believe you're here. okay just discovered there is a big data breach that one of your clients, you've been brought n. one of your clients has been silly enough to let 50 million
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people have information they didn't think is this a data breach or something you take seriously or something you just say, hey, easy come, easy go >> i think, you know you raise a great point. is there really a data breach when the consumer has given permission for the data. the problem in the case of facebook is i don't know what you're doing with my data. i may have given you permission to tell me which fridge to buy, but i probably didn't give you permission to sell it to the russians or to somebody else who is controlling that data. >> well if you were called in which they should have because you are a the number one -- >> yes, they should have we are >> would you not have said you have to get ahead of this. >> yeah, absolutely. i would have i don't think people take information as critically as they should. it is the modern day weapon. jim, we are living in a cold war right now and we are under attack every single day. >> that's why we need a purple
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team i started reading about your book. >> people need to test and verify a lot of people take it -- don't take it seriously. >> i saw expedia, 800,000, for orbitz, a hack did they say, hey, you know, look, it's really information and we're going to get hit there's nothing can you do about it. >> we are going to get hit and the u.s. is one of the few countries that doesn't have a great national privacy law look at the uk. >> i was going to ask because i was going to say what do gdpr mean. >> that is -- oh, my gosh. data protection -- >> we're talking about europe being a leader in terms. >> the uk is a leader in protection, but the key is, you have to have teeth with the regulation, jim. gdpr is a 6% penalty to your global sales if consumer data is taken. now do you think the facebook would have taken privacy more
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seriously if they had a 6% penalty. >> this is the problem is that everybody feels its penalty-free no matter what hey, the worst it happens they'll's get my credit card and visa won't make me pay don't we have to have someone in the system saying, listen, you use your password and generic password know what, you're in trouble. >> i hate to say it, it's the government hate to say it internet is about free use but the government has to come in and put some regulation around this because the large corporations fundamentally aren't going to care facebook and companies like that are becoming utility there's got to be some regulation around that. >> okay, now, speaking of unregulated, we had on the cybersecurity guy last week talking about how -- >> with dr. merit from splunk. >> cloud king. >> doug called us out as one of the key reasons for their
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success in security. we've been with them for eight years. it is the future. >> they have tons of data and -- >> tons of data. >> i'm glad you like them. i think they're right but we were talking about -- talked about bitcoin. >> yeah. >> why does everything think they're so safe with bitcoin and why do think the worst is they'll have to pay off ransomware >> first of all i don't think you're safe in bitcoin i die think it's extremely speculative and will go back up again. i do think people get very excited. people love to make money, jim don't they >> yeah, when you have something that geese from 200 to 20,000, i'm sorry. we have amazon but that is not -- this is turbocharged amazon. >> if people can make money in tulip, they would buy tulips bitcoin is tulips and we'll see it go up again but fundamentally you can't trace a bitcoin transaction. that's the problem. >> what i'm wondering when you get hacked and someone says, listen, you can call this
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bitcoin desk, and we will destroy the data we have which looks bad for you should we trust them. >> well, look what happened with facebook facebook assumed that the people they sole the data to legitimately have destroyed it and they didn't. so would you trust a criminal who says i've destroyed your data the answer is, no. of course not. >> will, with that -- >> you shouldn't pay ran someware but a lot are especially hospitals >> hospitals. >> one of the biggest sectors getting hit is health care they havant indicated old systems, computer systems. they can't afford security they're not keeping up so they're being hit. it's one of the biggest issues right now in the united states >> do private companies just individual -- >> private companies individual hospital. >> why do we not know this this is the first time i've heard it. >> i hear it referevery day. it's a big deal in that world. what they have to do dealing
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with patient records, you're on that hospital bed. i got to pay for that ransomware so the hospital is actually paying for it. they're trying to camp up with the system. >> i did not know this holy cow i didn't know this i've got to come on "shark tank." some cloud phase what do you think? >> in terms of cloud faves sand cloud >> love sand cloud there were three kids selling towels that -- >> turkish. >> turkish towels. >> they're nice towels do they dry me off no, but i'm old. i'm not a millennial and come up with cool towels and here's the great thing. you know what their sales model. you buy one, you post a picture on how cool you look and you can become an ambassador other kids buy the towel, and they do the same thing no sales force 17 million in sales. two years -- can you believe that. >> that's amazing but let me just say something my daughter, my executive producer, there are people who
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are addicted to your show. my daughter is doing a tree house hotel and knows you guys are, you know, you fund but you give hope. i want to point that and these three guys -- >> i love kids the greatest reason i do the show is there and women, women, amazing number of women are and i think that's so fabulous because we have very few women ceos and know there is a glass ceiling. it is absolutely incredible and the other thing that's incredible your story makes it incredible yugoslavia, get here with nothing. number one cybersecurity expert team in the country that you put in the word, not the country tell us your story i love your story. >> i'm really proud of so many things 36% of our staff is female and i'm proud of that. when i came we originally landed in canada. literally on a boat called the christophero columbo one suitcase no money
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somebody lent us own to take a train to toronto and live? someone's basement one thing i love about "shark tank" and i really believe this, this is the land of opportunity. >> yes >> i still believe that. i still believe that america is the greatest country in the world. and i think here nobody sees and i know people do and i know it's hard and i know people are watching saying why can't i get ahead. i'm telling you my friend. race, color, sex, if you can add value you can get ahead. >> is there any other country that you could have such an opportunity? >> canada. >> canada. >> australia maybe but america is the best in the world. >> our best friend by the way, i like to remind if i were with the president right now i would remind him who has been our best friend in war and in peace canada >> absolutely. >> that has to be brought home to some people in washington because they don't remember. >> isn't that the great thing about our show five average people who are self-made and we give people
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hope and i got to tell you when i see somebody come out through the doors i cannot not think of the opportunity i had in this country and how hard my family worked their butt off to get here if you work hard, and you have an idea, man, you can make it. >> here's what i want to you do. come on as much as you can your message of hope is what people need to hear. >> thank you. >> i am tired of gloom and people not respecting what this country can do for people and i need more people who understand the roots and what can be accomplished and what they're doing for women too. all right. >> thank you. >> okay. that's robert herjavec, the -- you got to look into this company. herjavec group founder this, is fantastic. i got -- there's -- really easy, cybersecurity conversation for 2018 we learn about hygiene and where we learn about the idea there is a purple team and you don't have to be a shark to get your own success. terrific book. i don't think this show, this man, thank you so much. >> thank you
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can i do it once, jim? >> yes. >> boo-yah
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>> announcer: lightning is responded by td ameritrade
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it is time the lightning. >> buy, buy, buy >> sell, sell, sell. >> then the lightning round is over are you ready, skee-daddy? time for the lightning round let's start with brett in florida. >> caller: jim, boo-yah. >> boo-yah >> caller: hey, i'd love to hear your prognostication on wells fargo. >> it does not don't think about that. >> to bill in maryland bill. >> caller: hey, jim, big baltimore boo-yah for you. 13 years -- >> thank you, partner. >> caller: questions about silc. they dropped off a lot last week wondering if i buy the dip or sell it or hold it >> i don't really know that one and i don't -- the other day i got one which has been taken over i did not -- i was not close to
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them so i won't cut that one let's go to mitchell in new york mitchell >> caller: hello, mr. cramer thank you for naik taking my call my question is about therapeutic dass -- >> thanks for taking my call first time caller. my question is take two interact i have. >> salesforce put together an amazing company. under pressure from a lot of different ways i stand by my recommendation anthony in new york. >> caller: hey, jim, my question is on the first nasdaq listed canadian licensed marijuana producer, conos group. >> you got marijuana in there because they bought a stake in one. let's stick with consolation and do report next week. i saw an upgrade i liked it chuck in texas.
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>> caller: hey, jim, this is chuck from texas how are you? >> i'm good. how about you. >> caller: listen, a.k. steel has gone south but these tariffs in place >> the company isn't that good i mean frankly that's -- doesn't matter if the dogs won't eat it. how about volgi in ohio. >> caller: boo-yah to you from cleveland indians. new ipo called casaa. >> >> i got to do that an do all these because they're important and communications and the stocks are trading wildly. how about harsha in arizona. >> caller: hey, kramer how are you? thank you so much for everything you do i'm learning a lot. >> yes that's what we do it for you. >> caller: just a little perspective. i'm 33 years old and looking for
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growth what do you think about true car. >> why not buy amazon. >> why do we need amazon >> and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade ids? 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 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.
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what can facebook do to get its reputation back and, yes, its stock is moving higher again. one thing is certain what they're doing now is not
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working. yesterday facebook's vp of marketing carolyn emerson told an audience the company is beyond disturbed by the scandal and, quote, it's an incredible violation of everything we stand for. okay, that's terrificexcept wh is the heck is carolyn emerson and what is she doing making these comments at shop talk. bush league. it's a huge company can not one but two household name executives, mark zuckerberg and he's the founder and ceo sheryl sandberg chief operating office zuck and sheryl have to face the music. first mark has to come out of hiding and say we apologize, it will never happen again but anyone who has seen "the social network" knows he wasn't mr. humility even before he founded facebook they have to take full responsibility for what cambridge analytica did. they're not thinking they deserve to they keep saying it wasn't their data breach. that may even be true.
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who cares. this is the court of public opinion, people. where you're guilty until proven innocent and if they're not careful ending up in a court of law because the senate,th house and ftc will suggest they have too much market power. there's the steve bomber route when microsoft was being investigated and obama said we don't care what janet reno thinks janet reno happened to be the attorney general of the united states with that attitude microsoft found itself on the wrong side of a monopoly power lawsuit and its stock fell 15 points when the verdict was announced. an jamie dimon approach. it never should have happened. ceo dimon through himself on their mercy and said we were not only dumb, we were stupid. that was admission was brilliant. be like dimon. on top of that they should forgo
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salary or stock options until it's cleared up. you may want to opt out of any survey because you they can only do so much to police how your data is used most of all they need to recognize the truth is a total distraction ab traction. i recommend and this issen portion guy, do this playing the equivalent of a special prosecutor who is above reproach ken knit fi kenneth fineberg, i recommend and once he's hired facebook should do everything he says even forfeiting recompense when you go before the senate you need to say one thing, we made a mistake and we're sorry if you don't know how to feign remorse look at the testimony of the bank ceos in front of congress they apologized repeatedly and make friends isn't that what facebook is for. isn't that why it was invented he needs to spend time in washington and schmooze with
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good lawyers and go on jimmy fallon and stephen colbert and go on jimmy kimmel and be human. the future of its stock depends on his ability to show humility and sheryl to be the sheryl we thought we knew. stick with cramer. i think we should do that meeting tomorrow. well wait. what did you think about her? it's definitely a new idea, but there's no business track record. well, have you seen her work? no. is it good? good? at cognizant, we're helping today's leading banks make better lending decisions with new sources of data- so, multiply that by her followers, speaking engagements, work experience... credit history. that more accurately assess a business' chances of success. this is a good investment. she's a good investment. get ready, because we're helping leading companies see it- and see it through-with digital. or you could you experience it for realnce
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at the lexus command performance sales event. lease the 2018 nx 300 for $339 a month for 36 months. experience amazing at your lexus dealer. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 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 having 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
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any planned surgery, and all medicines you take. if you recently had a heart attack, ask your doctor if brilinta is right for you. my heart is worth brilinta. if you can't afford your medication, astrazeneca may be able to help. that news is complicated one hand business is definitely strong on the other hand they are very worried about protectionism and tariffs which is interesting because, remember, fred smith is a republican he's conservative. but he does not want to see trade wars salesforce a little different story and buy mule soft. the first thing you say why didn't they buy it last year that's true. perhaps they should have but the point is they'll have enterprise resource software and that's where you want to be like i said, i always say that's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer and i will 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." ♪ who believes she has a new and improved version of a ubiquitous product. ♪ hi, sharks. my name is ivori tennelle, from irvine, california,

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