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tv   Mad Money  CNBC  March 28, 2018 6:00pm-7:00pm EDT

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like a movie >> brilliant. >> you know what else is brilliant. big cap pharma names, pfe. >> i'm melissa lee see you back here tomorrow at 5:00 for 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 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. you can't just go back to a stock that you hated for ages
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clorox even as every company trump has gone after has survived the wrath. that's precisely what people needed to reckon with today a day where the dow dipped nine points up 231 points at one time. and nasdaq got pasted again losing the cramer fave stock rallied hard for a second day. on the other hand, amazon got clocked for more than 4% when we got word that the president is obsessed with this company and wants to come after it with everything he has. the problem is trump is
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motivated and not quibblings with prime the story headline is trump hates amazon not facebook. or if that is too harsh, maybe the president is ordering a bigger boat to take a bessos it was a respite for the sellers in facebook. we live in strange times the white house press secretary said there are no specific policies she says her boss is always looking to create a level playing field for all businesses and this is no different amazon stock didn't go up at all from its lows. when people hear no specific policies, i think they assume
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only because it hasn't been formulated it. it is easy to imagine this administration cracking down on amazon though retailers don't call it the death star for nothing only the government can stop amazon just like only amazon can stop facebook. and why couldn't the president go after amazon? one branch of government and another, i mean, big deal. by the way, that was the reasoning behind the obliteration of twitter stock yesterday when vocal short seller said the company is vulnerable about companies selling out its users. no one cares about a social media company's denial anymore it was serious enough to do serious damage to serious stock in a serious way you want more strongmen, i have
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a bunch of them in tact. i wonder -- using their chips to get poor quick forget the fact that these crypto maniacs are only a tiny fraction of the business why let the facts get in the way of a really solid negative story that sent the stock down another four bucks on top of more than 20 if you are interested in the facts and though i hope it doesn't mean a declining audience for "mad money," we will have ceo from nvidia on tomorrow night every day, ever since the fatal accident of uber, even as in reality, it is full speed ahead with them. although nvidia did sideline its
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own featof fi5 self-driveing cars the truth is, this is where the money is not its own tiny fleet. when a stock is free wall that is the narrative nvidia is not slowing down the making of any chips for its self-driving car customers when these beloved tech stocks get hammered you have new winners clorox to me, it meant you are getting a terrific buying opportunity. this largely american company had its shares of increases but they were temporary.
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it is getting its merchandise into all major drugstores. there was a time where the probiotics that i swear by couldn't be found anywhere now i can find it in all my favorite drugstores. of course when i recommended clorox back then, ten-days ago, people acted like i had gone crazy. let me see, they went to 2.75%, wrong direction. i heard the chart was death warmed over especially compared to the charts of the fang stocks and look how that worked out i heard there was a vicious head and shoulder product developing. what is driving the strength in clorox with rates that are lower, people fear there is a slow
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down investors look at it like the best of the best look, as i keep telling you, this is a challenging controversial market and he with are not used to and not for everyone we could lose hundreds of points in the time it takes to down a burrito. but you may want to dive in and pick up facebook, i am sure it is down there. we have the norwegian cruises on later on tonight and too bad you couldn't book yourself on a titanic that has become apple or the alphabet. i say stay the course. stay the course. that's right maybe don't watch the minute by minute action. i was running panels they look great. when i finished they looked even
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better it was only after i kmexamined e action in between. in a difficult market, formerly beloved stocks tend to become targets. it is being blown out of proportion at this point if you can take, if you can't take the pain, you know what, forget about those facebook, forget about the fang fellas and go by clorox brian in illinois. >> caller: ramblers. >> why not i was thinking the same thing. wow, they are charmed. what's up? >> caller: they are. they are i had a question i bought hri about a year and a half ago hoping we would have some good infrastructure bills and recently their c fcfo steppd
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down >> it is in bonita springs this is good equipment rental company. a lot cheaper to rent than to own. i think it is fine oh, you know, i think we should have another call just because i am being told by my producer i have another call. let's go to paolo in ohio. >> caller: booyah, mr. cramer, it's my 19th birthday. >> happy birthday to you. >> caller: thank you i appreciate it. have protests by the catalyst to the plunge of kmi stock prices >> listen, my young fella, we call these things that are driving stocks down balance sheets and that has got a nasty
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bad balance street in a nasty bad industry if you want to make it to 21, rethink the idea kmi tm to me means kmart, at an i. you know what i am talking about. this is a fickle market. i am saying stay the course. i am getting to the retail seconder do miss my exclusive this too shall pass, i am going over the worst case scenario for facebook and telling you how you should approach the situation. and with such wild action, you may have missed radical shake ups in health care tonight i have a rare exclusive with the united health ceo to find out if its pull back could be a buying opportunity.
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and to find out what they think of the amazon death star i am quaking until the president strikes back 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 to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.
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okay remember last week i told you to buy some pvh and they turned out to be better than i expected i thought the numbers would be good but not this good it totally blew away the numbers delivering 11 earning base sales up to 18.6%. what you have to hope is we get some crazy tweet that doesn't like calvin klein or some
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tsunami of selling that does happen then you get the opportunity. let's check in with the chairman and ceo of pvh, manny, welcome back to "mad money." >> nice to see you usu usually there is one cylinder that hit and another one hitting. >> look, strength in both brands we have made over the last three years significant marketing investments behind both brands i think the brands have done a phenomenal job in hitting the target consumers and it shows in the numbers and great product at quality value prices works >> there was an outfit, h and someplam talking about inventory. >> at this point, we have been
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chasing inventory and going into growth planning the first quarter growth of high double digits, high teens. >> we've been around for a long time >> the fourth quarter you touched on, seems like set up for the next quarter >> some of the places that are selling have to be stores in the mall. >> biggest company, macy's retailer and i was in the stores in january, and i have never seen the inventory as clean in macy's, and obviously now set up for early easter and i think they are clicking. >> global synchronized economy, i have been to your stores the beautiful shopping district of berlin, i have to believe that germany, britain, spain,
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all great. >> europe is on fire for us. a brand even as big as tommy hilfiger which is significant market share, seeing high single dict growth in sales fall 2018 up it is, the strength has surprised us but we're riding it and we are also, with calvin klein in europe, a brand that is under developed in that region of the world compared to tommy. seeing 25% growth we are seeing with calvin. >> we spent a lot of time with a strong dollar, you would have to back it out this or that even after you back out a weaker dollar, these are some of the best numbers reported.
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>> that is correct and for us, we suffered through the foreign current pain being a large international player in '15 and '17. as we are turning into '18, should be a tail wind for us so look forward to experiencing that. >> many people say what is amazon doing to them and i say they are partners with amazon, right? it has been good >> we have been able to work closely with amazon. specifically on calvin klein brand but heritage brand but that digital area for us is our fastest growing and sales there are in excess of 20% both our ecommerce coupled with theirs. >> how about the chinese i have said you have found the
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lowest cost producer. >> we are opposed to tear riffs as a way to solve problems apparels is not one of those and we need to level the trade and i give credit to the administration for going after it i don't think the apparel is going to be an industry met with tariffs. i can't imagine that the administration would put another 25% on apparel, footwear and other products i would like to see with us negotiate with china and come to terms utilize both our other
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partners around the world because some of the trade practices aren't there. >> what is something that was on, you're the guy to ask. jeans tax? out of europe? >> i have to be honest. >> france is thinking about putting the jeans tax on >> jeans has been a category as apparel category that has been under pressure globally and just until recently. >> they also want it on liquor and i think these are things that you do when you are trying to make noise. >> hopefully. >> if you are going to combat world let's say tariffs by throwing off something against calvin klein jeans, i don't think it is the statement. >> i would hope not. >> you have to hope that the market goes down to be able to get in pvh, this was the best
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quarter i have seen. manny has been on the show more than anybody else. >> thank you good to see you agai you know what they say about the early bird...
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. listen to me when you've last playboy, you've lost america we found out that playboy, the thinking man's dirty magazine has had enough of facebook and leaving the social media platform playboy was one of the few that decided to take a principal plan as if there weren't already enough ways to find pornography on the internet.
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playboy claims that 25 million of their various fans, whatever this company might stand for, that is a lot of paces playboy joins the high minded elon musk. strength in numbers. who is next? penthouse? hustler? here is the issue, these departures may not seem large, but i have to admit if they continue, it is going to hurt facebook's numbers hard to value the stocks which has been on the ropes ever since we learned about the came bridge an litca data. here both the estimates and the press earnings are in flux and that is why i am trying to come up with all sorts of
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scenarios and figure out where the stock might bottom it closed up 81 cents and the best way itening this is by looking at similar situations. plenty of outrage when united airlines dragged a passenger and the stock fell when we heard about the egregious cross selling chickanery at wells fargo, the stock got hit by 14% decline the long time ceo of wells fargo was forced to leave. it was a big deal. pales in comparison to facebook's 21% decline since the
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data breach. so maybe it is more like target where had a gigantic credit breach and the company sat on the news for three straight weeks target stock fell 19% and took a year to recover. the pain made perfect sense. it is very easy to take your busy to a different retailer certainly easy to leave target than it is to leave facebook it is not like you can take your business to another social net work there is facebook and then who is that other? oh, instagram. oh, that belongs to facebook twitter is vulnerable, why because it is vulnerable that's why here is the worry. if facebook's stock does keep
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fa falling, you have to wonder where it is going to end could the stock lose half of its value? perhaps only a third of its valuelike equifax did. these incidents were much worse than facebook. and you could describe what they were chipotle made dozens of people sick worse than facebook equifax breach affected 150 million americans. of course equifax has been a terrific buy at its low. you know, i bet facebook is going to be more like equifax than like chipotle i mean, the ratings, companies, come on.
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i think facebook has similar advantage. we can't call it an oligopoly if it is only one facebook, putting the stock around low 140s. and at that level it would be insanely cheap but yeah, it is possible facebook could have more downside from here this is what happens when you infuriate consumers and the representatives in congress. when facebook begins to bounce, it will bounce hard but may end up bouncing from a lower level if the company doesn't hire outside investigators to get back to the bottom of things and roll back the tide that is threatening to many are saying ryan in illinois >> caller: professor cramer booyah it is a first time caller from chicago, illinois. how are you today sir? >> this has been up an easy
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relaxing day, i don't know what to say. >> caller: i am here with you. thank you so much for your insight and guidance i really appreciate it. >> thank you. >> caller: so the stock i am calling it is adobe. record first quarter and strong guidance nongap earnings growth the week before earnings, trading between 216 and 221. and they are trading 213 now they have a new announcement with nvidia. >> obviously it is a cloud king. i like the cloud kings what happens if you are a cloud kings or a member of fang or nasdaq or semiconductor. i tell you what happens. >> sell, sell. >> and why because the stocks are up. because they are tech. they are up.
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they are tech. stick with me. they're up they're tech sure, facebook could have more downside before it bounces don't write it off that would be silly. i am sitting down with the ceo of the biggest health care company in the country, united health you can't miss this. i am sitting down with the ceo to see if it could be in your portfolio. and rapid fire in today's edition of the "lightning round. stick with cramer. it's all yours. wow! record time.
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at cognizant, we're helping today's leading life sciences companies go beyond developing prescriptions to offering subscriptions with personalized, real-time advice for life-long, healthy living. honey? you almost done? nope. get ready, because we're helping leading companies see it- and see it through-with digital.
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and i am a senior public safety my namspecialist for pg&e. my job is to help educate our first responders on how to deal with natural gas and electric emergencies.
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everyday when we go to work we want everyone to work safely and come home safely. i live right here in auburn, i absolutely love this community. once i moved here i didn't want to live anywhere else. i love that people in this community are willing to come together to make a difference for other people's lives. together, we're building a better california. . this increasing difficult market i think it is worth falling back on extremely well-run companies even though the underlying business is totally domestic and getting better companies like united health group that withdrew from the obamacare ages ago
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a decline of this magnitude for this high quality company is a rare thing indeed. earlier today we had a chance to talk with ceo of united health group david wichmann what am i getting that the other guys won't give me >> a lot of things 285,000 people that are focused on helping people live healthier lives and helping make the health system healthier every day. they hope to bring you a better health care experience every day. >> what do i have to do to be a good patient how do you get people to take better care of themselves? there is nothing in this to say i have to do a good job myself that is why we tried to engage
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you as a consumer. and engagement is a big part of the health system. and you managing your health systems as well as keeping yourself well. >> you talk about the two holy grails you are able to get data from them and what outcomes are. >> well, it is not just about getting the data from them, it is about making the best use of the data you have and applying it against the best known science. identifying gaps in care, and places that you can treat, change the way in which you access the health system and make yourself better. >> this last mile access, you have got a business which i am fascinating by, a med express. and in it, you say versus the emergency room, you say med
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express can do 90% of what emergency rooms do at one tenth the cost. >> that expresses one of many assets that we bring and as you realize quickly, the health care system is made up of a number of systems. and managing millions of relationships with physicians as well as bringing our own innovations with the market. med express gets great consumer response a well reported company. we have a pilot underway in 15 stores across several markets. and it is the early stage right now. just coming up on the first year in the first implementations of that every months we look at it and evaluate it and discuss it and we do our best to evaluate whether or not it will fit
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nicely into a forward looking health care system. >> i speak to a lot of health insurance executives and drugstores and they are not afraid of the death star and what it can do to health care. why is united health not afraid. and why do i bet that in the end, they turn to you or take your people or realize that you can do a better job than they can? >> we are operating our business in an expansive market that can continue to grow over time and expectations around growing around five critical areas advancing consumer centric benefits and advancing a digital and health information aspects of our business as well as going global and as i said before, millions of relationships that you need to manage and that
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would be one that we need. >> i like big data, that is how i predict what you want. why don't they just say, we can't reinvent this. >> 200 million people in the administrative side and in the medical records. advance technologies broadly in health care and making a difference on the predictive values of understanding who may get sick and under what circumstances we need to help them with their care. >> well, speaking of that, kind of analysis, i had cigna ceo on the other day, and they are good these guys work closely with you, do you expect changes when they finish their merger with express groups changes for your company >> i think our company will continue to pursue the same
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growth opportunity over all. cigna is a very fine company and a good partner of ours and certain aspects of our business. >> there is no reason to think that you can't it is not either or? >> not either or at all. do you envision today where health care wouldn't be a huge part of the gdp? >> i can envision a day when that could happen. if you look forward to the future, call it seven, eight, nine years out you can see the strong implications of technology to help cure health care costs. the health systems going to broadly based mechanisms will drive greater efficiency we are up against a series of macro demographic trends with an aging population health care costs are driven by chronic disease and that is not
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going to shift any time soon. >> do you think you can manage drug prices and i say that because this coupon initiative is one that i am a customer, i want to know more about it because the one thing i know is there are drugs that i want and the prices are too high and i see in canada and other places they have coupons. are you in favor of them >> drug prices are too high. and we work every day to bring greater affordability like we did announce a few weeks bag, bring greater discounts. >> jeff bessos is in the news every day that nothing has been done i was with kohl's yesterday. >> aetna adopted a similar
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policy and hopefully the rest of the industry finds its way to that position. >> you think about the need to have people think healthier and i am a person who works very hard are there people health risk because they take their job too seriously? >> i don't think so. it is a good stress reliever, work >> they of got mindfulness rooms, yoga rooms. if you wanted to lower your cost of health care, would you tell people, you know what, be mindful and get those employees in one of those rooms. is that a sensible thing to do >> it is, actually we adopted our mindfulness businesses today it is more in a venture format we are, early stage in its development. and we are incubating and modifying the model. stress relief is an important
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factor in managing your health also, and many of those efforts make a lot of sense. >> there are a lot of people who make fun, when i say i am trying to be mindful, people are like, are you kidding me, that is something in san francisco are there people who are trying to take care of their mind >> a lot of our engagement tools that we rolled out to seniors, focus on engaging their minds. loss loss of memory is something important to manage. we apply mindfulness, particularly with those who engage in more stress than others, like our nurses who are working every day to bring health care to people. >> if i am president of the united states, i would call you in and i would say, okay, here
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is the keys to the car you have done a remarkable job, it's all yours if it was all yours, what is the first thing you would do >> the first thing i would do is there is about a trillion dollars of cost that are in the fee for service that is largely unmanaged. we could do a better job in applying practical i would have everybody get focused on a similar mission and drive a culture to improve health care costs by lower them, drive greater levels of effectiveness overall and making sure we are driving a great deal of consumer. >> we don't want to put united health out of business. >> no we don't but i think we can work together to make a difference. >> terrific. that is david wichmann, ceo of
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united health care, a stock i have been recommended. and it has been a winner
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>> announcer: lightning round is
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sponsored by td ameritrade it is time it is time for the lightning round on cramer's "mad money." [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning let's start withbo. >> caller: love your show. for a long-term holdings, should i maintain my position in henry scein? >> i think zoetis is better. victor in south carolina. >> caller: do you suggest deere.
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>> i think deere is fine nicole in florida. >> caller: big southwest florida. booyah i think i am taking a position with fitbit. >> keep thinking but don't pull the trigger. so many other plays than fitbit. don't do it. russ in michigan. >> caller: booyah. long time fan. love your show i like smaller tech stocks i found a semiconductor with a niche market in brazil they reported last and up last three days until
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today. >> i think what has happened is the sellers have found that one too and after we spoke with gary dickerson last week and that stock is down eight points, i far prefer applied materials let's go to jig in new jersey. >> caller: booyah. and go eagles. tech is getting hammered and i want to make sure if i should buy or hold splunk. >> i was going to tell our gang for the club, that we ought to put this one on the bullpen list so it is good. so that is the conclusion of the "lightning round". >> announcer: lightning round is sponsored by td ameritrade so all... evening long. ooh, so close. yes, but also all... night through its entirety. come on, all...
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in this newly volatile environment. we need to reassess the groups we really like some we can keep working and others dangerous what about the cruise line stock. i have been a big fan. but the cruise stocks have been humbled this year. and just the overall fickle nature of the market consider norwegian cruise line holdings and the one with the most
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exposure in american consumers never the less, stocks down nine bucks. it was a company that reported a solid quarter and tremendous momentum let's dig deep with frank del rio to get a better sense of where his business is heading. good to see you. all right. i am doing this health care thing and saying i need a break. i text my daughter and say do you know anyone who has taken a norwegian cruise lines holding she says dad, that was the best trip i ever had. how did you attract someone like my 23-year-old daughter to be on a norwegian cruise lines trip? >> she is not alone. 25% of customers are millennials. fastest growing in absolute term
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fastest growing. why? we've got everything millennials want experiential you buy stuff. they don't want to buy stuff they want experience. >> they want the pictures. >> they want variety on board a cruise ships these days with the wonderful amenities, you can hang out by the spa, go to the pool. racetrack. >> there is more bars and lounges than they are in any five streets in manhattan. >> and the last thing they want is value and the cruise industry offers the greatest value there is on the face of this earth >> there is top tier suites. better value >> no question best suite in the house two
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bedrooms, butler service for half of what i just spend in the peninsula for two nights. >> i like the peninsula. >> and i don't even get a free mini bar you get one at norwegian. >> apparently, the chinese like them you are talking about recently launched marketing, promotional and yield marketing management so you are actually doing quite well financially a will the of companies are saying you have to lose money in china before you make money. >> i think that was the beginning. it is still a work in process. we can still make more money we are bullish in china. feel much better about china today than six months ago. it is getting better competitors have pulled out. the travel restrictions have waned off.
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little momentum. little wind behind their back. it is positive in china. >> chinese government likes cruise lines, why? >> they do i think it is because it is part of their push to get the chinese p populous to be more of a consumer they want family oriented vacations and that is what the cruise business is all about. >> i think the "mad money" business is all about making money. since 2013, earnings per share grew more than six fold. is this the strongest period you have ever had, i mean since you have been become public. >> it is strong. i think the best days are ahead of us. we are booked in the best position we have ever been all of those years where six and
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fold increase, '18 looks better than that. taking a sneak preview at 2019, it is looking strong. >> probably my daughter. >> when are you getting on >> i am too old. >> multigenerational cruising. >> maybe she will go with me. >> i have two other brands for you if you want older. >> frank del rio i like the stock how about owning a stock for more than 37 minutes it might be a good one stick with cramer. whoooo.
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the lowest prices. we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. okay, so congress hates facebook and alphabet. the president seems to dislike amazon do you think the supreme court hates netflix? i like to say there's always a bull market somewhere. i promise to try to find it just for you right here 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." ♪ my name is tony devine, and i'm from bristol, pennsylvania. my product is going to revolutionize the way we train for basketball. finish! finish! oh, let's go. use that left hand! i've been a basketball coach my entire life... let's go! and i always felt like there was something missing, and that was the realism when you practiced.

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