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tv   Mad Money  CNBC  March 29, 2018 6:00pm-7:00pm EDT

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company. stay long. >> i like taiwan semmy and bitcoin, below 7:000 big spinal down on volume. this could be the wash out. >> guy. >> my mission is simple, to make you money i'm here to level the playing feel 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 teach you and educate you. call me at 1-800-743-cnbc or tweet me @g@jimcramer how do he explain today's
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fabulous run nasdaq launching itself into the stratosphere, up 1.6%. simple this market's acting like a coiled spring. it's like a venomous snake, all coiled up and ready to strike. tech, health care, bang. and they've bit the bears during what amounted to be a torturous quarter but an awful nice span stocks have been on a benign poppy form to like the blood-soaked fields of flanders, with trenched warfare and endless artillery bombardments today we finally saw how they caved when the army poisoned with mustard gas drowned i just go over it all, but i
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think amazon defines the modern day stock market battlefield here's a stock that gave up 120 points in two days on rumors and stories on how president trump hates amazon, not facebook can't make it. yesterday the white house press secretary comes out and says trump's not targeting amazon, yet today the president tweets that amazon pays little or no taxes to state and local governments, uses their postal service as their delivery boy at the ex-pensipense of you and is putting thousands of retailers ots of business. i hope someone explains to him that amazon is a huge taxpayer amazon's never evaded taxes. that would be illegal. it's an incredibly profitable partner for the post office. it subsidizes the cost of your
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stamps sure it has indeed wiped ot thousan -- out thousands of retailers, so has walmart. jeff bezos hasn't exactly been a fan of the administration. but still, it snaps more fantasy than fact. if you can't handle the news both fake and real, you need to use this rally to lighten up as the names that have caused you the most fright are done going down and then up again it's time to reassess risk, everybody. we are in a serial moment when people can come on tv and make fake accusations about a business and when the stocks fall, they can justify a decline, saying if the stocks weren't expensive, why did it go down so much it could handle any accusation
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with aplomb, couldn't it the stocks are vulnerable. and this circular reasoning works. make sure you can handle the short sellers and presidents and let's take a look at what's happening next week so you can steel your heart ahead of time as we unleash the dogs of war. i remember playing where's zuka. i am betting the press will be all over facebook again, because it's just too much fun all sorts of innuendo, because mark zuckerberg remains in the war room, once again, i plead that these facebook executives let the outside director speak
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for them, like dr. susan desmond, or ken chenal they should come in and preside over the practices it's not rocket science, even though i know they can do that it is the only way for facebook to get past this debacle and people clearly despise zuckerberg they don't even like her, you know nobody despises dr. desmond, they're revered. no one is going to believe anything that cheryl or mark say until they bring in a reputable representative regardless of what they tell you. on tuesday, we hear from clau claudera lately, the cloud stocks have been crushed, given the gains
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until today. maybe it's a reminder why wee-wee like them this the first place. if you want to know who monitors the big data we talk about how nvidia's buying so much of the autonomous community. we'll get to the cars and cryptocurrency everyone's so worried about housing and auto sales i don't want to fret that's not my game i want to know which is why on wednesday, we have to know lennnar and carmax maybe we should be thinking about the power of the army, people who close out merchandise from ali's it's a three-bagger.
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i'm book another solid quarter thursday we hear from monsanto i don't care as much about the quarter as i do about which countries want to retaliate against the u.s. now that we are showi showing some backbone. monsanto will tell us how worried we should be finally on friday, we get the labor department's non-farm payroll numbers. at the same time, we don't want too much wage growth, that will sow panic. this is the most important macro number we get. it does determine much of what was bad and good, like what was bad from the data in january and what was good about february, at least until the fangs were
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defanged and took everything with it. bottom line, look, i hope today's positive action will ten, but i'm not pollyanna, it's not going to if the hate continues, you have my blessing to sell t my charitable trust will be joining you. why don't we go to john in new york john >> caller: hey, mr. cramer, it's always an honor to speak to you, sir, especially today. owing day in t-- opening day in baseball you are the new york yankees of the investment world >> i like the '27 yankees. what's up? >> caller: you're right, the babe and lou gehrig. i've been following you for the last 20 years, and you have given me nothing but great
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advice and great picks in the stock market >> darn, thank you >> caller: it is doing so well, jack dorsey's company that i heard from you on television, two years ago, square. >> right >> caller: i don't understand why these analysts keep on picking at it. this company has a great balance sheet, great management. they have a great product, great services, and now they're on the rise again the stock today i think closed at 50. i'm a big holder in square what is your opinion as a long-term investor >> john, i think some people didn't like how fast it went and sarah frier's doing such a great job as cfo i think you're going to be right, but you know what it be floppin' and choppin'. joseph in pennsylvania, joseph >> caller: a great big philadelphia boo-yah to you. >> oh, man, howie roseman, go
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first boo-yah. what's up? >> caller: first time caller, new investor with the recent fines on bank of america for fraudulent activities, where do you think this company is going? do i build, hold, or sell? >> bank of america's heading higher, the largest ben fishery of rate hikes. and we have a rate hike happening in the fed i prefer the data. i am what's known as data dependent. but bank of america is an inexpensive stock. you have to hope we go back to the old world, but i don't think we're going to "mad money" tonight, it's the bane of the long-term investor's
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existence. and vincent wang and my exclusive with constellation brands can it keep up the momentum? stick with cramer. don't miss a second of "mad money. follow follow@jimcramer on twitter. have a question? #madtweets send jim an e-mail at cnbc.com or give us a call at duncan just protected his family
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with a $500,000 life insurance policy. head $75? $50? actually,duncan got his $500,000 for under $28 a month. less than a dollar a day. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncans wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford.
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right now hot money is everywhere and if you're a long-term investor, it is the bane of your existence. today we got a reprieve. but i keep thinking about all the hot money stocks i like, amazon, netflix, nvidia, and it drives me crazy that they have so many weak-handed shareholders weak because they were only
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strong when the stocks were flayin flying case in point, micron. here's a company, and there was a shorter of d-ramps they have become so packed with silicon. in the old days, micron would get crushed whenever competitors started building new plants. d-rams are huge. flash memory chips were once hottest of the hot while the recent quarter was much better than expected, mostly driven by prices of d-ramps. in the 19 days leading up to
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this el monstro quarter, cheered up by bulled up analysts why do i call it hot because i got to ask you, who the heck else would pay $61 for this stock dead ahead of the quarter? after micron rallied only 30% in under three weeks, definition hot money. why don't you say i missed it or i'm going to wait for th quarter. no no no they couldn't wait hot money was seduced by the thoughtless blast office these guys are just like lemmings and just like lemmings, they end up diving off the cliff. then a few minutes off the obligatory bounce, it continued to fall. all the way to $54
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then another analyst with $100 price. no doubt the stock wouldn't see 61 anytime soon has sent micron down to 52 can you imagine if they had missed visions of 100 dancing in their head, now they want to cut and run at any price they don't know the difference between flash memory or grandmaster flash. but what they do know is what the chart looks like it will have a real ugly chart a head and shoulders pattern so analysts who bought in at the high 50s don't know that the stock has peaked while the company can earn this year, they're saying most likely it will be a down year because of flash and anytime wall street thinks you are going to have a down year, you are in the doghouse.
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right now, the short-term sellers are in the money they scuff up the walls and take down the fix tours on their way out of micron. and after this brutal lly shortened week, nothing is more discouraging for investors than having to deal with hot money, and right now hot money is all over the place sometimes you just need to let things cool off before you pull the darn trigger jay in virginia. >> caller: a big boo-yah from virginia beach, virginia and go eagles. >> what's going on >> caller: vmw, how do you see this playing out for vmw if the debt laden dell and 98% stakeholders move forward with imposing itself to avoid its own ipo? >> here's what i'm going to look
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at i think vmware is an inexpensive cloud king i have no thoughts on the others go to david in illinois. >> caller: i'm a 21 year old investor in college right now. thank you for all you've taught me about investing >> college kids watch the show i love that. how can i help >> caller: my question is about lamm research. about a trade war,en it sent lrc down over the past two weeks or so i'm wondering what your outlook is for lam sfla >> i think it's going to report a remarkable quarter you've got horse sense it is captivated by the aura that is micron, which means it's going to go lower before it goes higher rental shareholders in micron are your enemy wane the hot money
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nvidia, i'm finding out where the company stands in the self-driving car race following the uber crash then drinks from constellation brands can the move continue? can the move continue? all your calls, rapid fire, the in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. lightnin
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when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. the stock of nvidia, perhaps the most important company of our future, it makes the software for gaming, autonomous cars they're riding a host of incredible themes. get this nvidia stock is up 560% over the last two years and over 17% over the past five years, far more
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than any fang stock. and while the company keeps doing amazing things, the bears are certain. you talk about autonomously-driven pedestrian fatality, crypto mining business i say it's an overreaction and these are distractions in the broader brilliant scheme of things let's hear from the man himself. jenson wang. we're going get an idea of what's happening in his company. mr. wong welcome to "mad money. >> it's good to be here. >> you are the keeper of one of the best-performing stocks of the era. you had a technology conference. i was struck by innovations, health care, video games, life-like architecture artificial intelligence. what do you think are the driving forces for the next 25
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years that you talked about this week >> well, hey, look, you know we're broadcasting from the middle of gtc. this is a -- [cheers and applause they couldn't control themselves there are 8500 scientists and a.i. researchers, roboticists. it was amazing 8500 people, 600 different sessions we saw all kinds of new technologies, and this is a, this has turned out to be the tomorrow-land of technology. this is how you see the future >> thank you for pointing that out. we've had people come on our show and say because of the visionary things that you're doing, literally, they have held back the creation of games, of video games, the fastest-growing industry we know because of your latest chips that are so much more life like can i tell the difference between simulation and reality
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now? >> well, you know, computer graphics and video games is the driving force of gpu computing and this week we announced twice as much performance as we announced just six months ago. this is the volta v-100, 32 gigabytes. we introduced rtx. and it's the biggest break through in graphics in the last 15 years, took us ten years to do and it makes possible for the very first time, real time rate tracing and sin mat eck rendering like the one over my shoulder it's completely done in real team this is going to be a ground-break being development for computer graphics and video games. of course, as the driving force of what has now become one of the largest technology companies in the world, gpus, this is going to propel our next 25 years hike y
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years like you can't believe >> this is why lucasfilms has picked nvidia? >> it's been integrated into tools from all over the world, adobe, auto desk, it's being used by film studios, pixar, unreal, from epic, unity so you're going to be able to see these beautiful computer graphics integrated in all sorts of industries. it generates about a billion frames per year and takes hours on a super computer to render each frame we can do this with just a few gpus so we can save the industry an enormous amount of money and time we're going to do this in real time everybody knows the more gpu you buy, the more money you save >> i love that, that's a theme throughout your speech i want to deal with the thoughts
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and misperceptions about your company. people think you make chips. in reality, platforms, architecture, soft way, ecosystem. why are you being pitched as a chip company >> well, we started out as a chip company, nvidia, 25 years ago was one of the most exciting pc chip companies. now we reinvent ourselves. we're a gpu computing company, and we can use our gpus for all kinds of problems. i'm looking at, i'm standing in front of a brand flu syst-new se call the dgx 2 it has 16 of these processors. it's the most powerful super computer in one box. it replaces 300 servers. that's several million dollars, all shrunk into this one little box for $399,000 we've created the processor, the system, the system architecture,
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all the system software on top of it and it's designed specifically for a.i. researchers. as a result of this box they can now train their machine-learning models, 500 times faster than just five years ago. >> and how about -- >> when you think about this box -- >> how about heat generation >> how about what? >> how about heat generation versus the other >> oh, my gosh 300 servers consumes somewhere along the lines of call it 160,000 watts. we reduce all of that to 6,000 watts. we save money. we save power, we save floor space. and just as importantly, we make it incredibly easy for a.i. researchers to just buy one of these boxes, install it and start developing their models. in addition to that is correct we take all of the technology we've created through this and make it available to all of the cloud service providers and all the system makers all over the
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world. i'm standing in front of ibm and cisco and hewlett-packard. and so we create the entire system we make it possible for the entire industry to create these systems. as a result, a.i. researchers will be able to access the n vidya computing platform wherever they are at all kinds of price points. >> now i pick up a piece of research tectonic upside. but is nvidia ahead of itself, by jeffries. here's a piece by wells fargo, questioning whether the cryptocurrency risks are growing. here's a piece from j.p. morgan saying it's not possible to man tape the cryptocurrency, $250 million run rate, so therefore, we must be concerned about the stock of nvidia, what do i say to these people, jenson? >> well, our core growth drivers come from video games.
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it comes from professional graphics visualization like you see over my shoulder, our datacenter business, which is a multi-billion dollar business, doubling each year as well as in several years our autonomous vehicle business the reason why cryptocurrency became such a popular thing on top of our gpu s, is our gpus ae the largest base of computing. and it creates a public ledger, perfectly safe, distributed all over the world so our processor serves as the perfect processer to enable the capability to be distributed cryptocurrency gave it an extra bit of juice that caused our gpus to be in such demand.
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over the long run, krip toy currency will be here >> what you're say something that even though a lot of these people are hung up on cryptocurrency, it is maybe not as big as say, a new big game, as something that you're doing in datacenter, but people, if people think it is that important, they're going to miss the bigger picture >> absolutely. gaming is a much bigger business datacenter is a much bigger business our professional graphics is a much bigger business, and of course in the future, everything that moves will be autonomous. we'll have autonomous capabilities that's going to be a much bigger market so cryptocurrency will be here the ability for the world to have a very low-friction, low-cost way of exchanging value is going to be here for a long team and blockchain is going to be here for a long time a fundamental new way of computing.
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so i expect blockchain, i expect cryptocurrency to be an important driver for cpus, but the core market for our company are the things that i mentioned. >> please stay with us we'll have more of jensen huang.
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you or joints. something for your heart... but do you take something for your brain. with an ingredient originally found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. we have one to two fires a day and when you respond together and you put your lives on the line, you do have to surround yourself with experts. and for us the expert in gas and electric is pg&e. we run about 2,500/2,800 fire calls a year and on almost every one of those calls pg&e is responding to that call as well. and so when we show up to a fire and pg&e shows up with us it makes a tremendous team during a moment of crisis. i rely on them, the firefighters in this department rely on them, and so we have to practice safety everyday. utilizing pg&e's talent and expertise in that area
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trains our firefighters on the gas or electric aspect of a fire and when we have an emergency situation we are going to be much more skilled and prepared to mitigate that emergency for all concerned. the things we do every single day that puts ourselves in harm's way, and to have a partner that is so skilled at what they do is indispensable, and i couldn't ask for a better partner. i cannot overstate the importance of having great leadership our markets can roar when our leaders come back with a vengeance. the averages rocked it higher. this story is so important that for one of the few times in "mad
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money's" history, i'm going to go back to the well to jenson huang. let me ask you we know that you have been paving the way for autonomous vehicles and that you have said transportation this week $10 trillion market. but we recently had a fatality from an autonomous vehicle and you say you are taking a pause from what i understand is your five-car fleet until you find out what happened. but at the same time, when your pa partners continue to want hardware for autonomous vehicles you are going to give them everything they need, is that the state of things? >> first of all, the fatal incident that happened this week is sad and tragic and we need to make sure we learn from it but the important thing is that nvidia's technology is an open platform uber developed their own sensing and driving application and software we want to make sure that we take a moment. wait until they do their
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investigation and learn what we can learn from them. but their technology and our technology is completely different. we're developing our own sensing and our own driving applications, and we call that drive. they use our chips in theirs, but they develop their own driving applications, we develop our own drive platform our platforms are used by oems partners around the world. everyone knows that the reason we want to do this is so we can ensure that transportation is more safe. there aren't enough trucks to carry all the online shopping going on there aren't enough cars to support the next billion people who come online. we want to make the roads more safe so we are more determined than ever to make sure that autonomous cars work perfectly our commitment is to build world's first, functional safety computer for driving
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weical that a cell d we're going to turn these into autonomous computers and we'll be able to put them over the road our partners are running full steam ahead. we now realize the importance of their wo this work of course and we're going to continue to do it as safely as we can >> do your partners have any thoughts on the uber incident? you are working with floods, blizzards. it seems that you are doing a lot of things that perhaps the uber incident, let's just say, may not have had a lot to do with what you're up to >> yeah, they don't, their driving technology and sensing technology is completely different than ours. and they're doing that independently on their own the thing that we're trying to do is we want to make sure we create a freiggreat computer the world travels about 10 trillion miles per year. that's 10 trillion miles the best we could do, even if we had a whole bunch of cars on the
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road is millions of miles over the course of several years. the only way to solve this problem is to create a virtual reality environment where cars could learn how to drive to be great cars and fully safe cars in all of these thousands of parallel virtual reality worlds, as a result we'll simulate billion the and billio billions and billions of miles that's how we're going to be able to bridge the amount of driving that the world harks. the rest of it we're going to do in the virtual reality simulation we call that drive constellation. i announced it this week and the enthusiasm is just amazing they're super computers like this with driving applications and car companies can come and buy that from us and simulate billions and billions and
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billions of miles in virtual reality. >> it's going to make it so people would detect early cancer, detect early problems with heart we can do so much with health. people say to me, who is this guy, jenson huang that you like so much, where did he come from? why does he still have the fire burning after 25 years and i said you know what, when i put him on the show, i'm going to ask him who the heck he is. who are you? >> well, jim, i'm the product of my parents' dreams and aspiration this is just an amazing story. so i guess some 45 years ago, my dad came to the united states for the first time i was 4 years old. he was in his early 30s. he came for the very first time in the '60s and went to new york city of all places he was sent there by courier, the air conditioning company to train. he said some day he's going to send his children to the united states this is an amazing country, and
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he wants his children to grow up there. the pursuing years, my mom taught us english, to prepare us for the united states. and, as you, well, at the time, my mom didn't understand any english at all here's a person who knows nothing about english, teaching her two children english every single day, she would pick a random ten words from the dictionary, and ask us to spell it and ask us to tell her the meaning. now she has no idea whether we said it right or not, but nonetheless, my father's dream, my mom's aspirations for our success is what ultimately put us here, and i owe them a great deal >> like you say, is this a great country or what? jenson huang thank you so much for coming on "mad money." i am most grateful that you're here >> jim, it's great to be on the show with you. >> thank you wow. this stock goes higher sometimes i wish i worked there.
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"mad money's" back after the break.
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duncan just protected his family with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually,duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncans wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford.
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it is time it's team f it's time for the lightning round! and then the lightning round's over are you ready, ski daddy krista in new york >> caller: boo-yah, mr. cramer >> boo-yah >> caller: first-time caller, just bought amd this week. wonder if you still feel good about amd for the long term. >> pc exposure, i feel good about it they're up against intel and nvidia, so it's always going to be a tough time for dr. lisa sue, but she'll get through it let's go to arlene in florida. >> caller: hi, jim, thanks for take bei taking the call. since the fda approved the
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dexcom monitor >> i was impressed it's going to be hard for that company to stay independent. max in indiana >> caller: boo-yah >> boo-yah, max. >> caller: i had paypal for about five months, and i wondered if you thought three were going to keep one their forecast >> the members know that we bought this aggressively this week why not? it's going to come down. sandy in rhode island. >> caller: hey, jim, a big boo-yah from little rody my question is about cds we're averaging out at about $86 a share. is it worth keeping long term sen since we're down $24 a share >> if they would come on air and
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tell their story on this show, the stock would probably go up why? because it's too inexpensive but they've got to tell the story, and they're not any good at doing it. michael in oklahoma. >> caller: boo-yah, ski daddy from tulsa, oklahoma i have a company in the health care industry. in the periphery -- business >> what would that be? >> caller: in their last report they had the fourth quarter, 49% growth, in the last year, they had 47% growth year-over-year. their gross margin is in the 80s. >> what is this company? >> caller: axgn, four times in the past two years what is your recommendation. >> i don't know it well enough to be able to opine, but boy, that is some record. let's do some work on it
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we'll have to come back. and this is the lightning round! the lightning round is sponsored by td ameritrade you can't h-- this was like five pianos laying on you when you're walking down the street if you have a long-term perspective, you may want to dive in iguanas now. oh, man, happy birthday to you, partner. partner. >> thank you, appreciatee the f. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice?
quote
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yeah, but i'm pretty sure it's the same plan they sold me before. it. 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. >> okay.ecurity helps protect, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time bust that. that's the power of and.
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look at constellation brands go here's a long-time cramer fave, you might recognize it some of the most popular brands of beer on earth they have a substantial wine and spirits business, some of my favorites. blowout numbers like they issued today, higher than expected sales. no wonder the stocks shot up
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3.4% today is this the beginning of the next leg up? we'll take a closer look with the ceo of constellation brands. welcome back to "mad money." >> thanks, jim >> all right, rob, once again, you were the, really, the only source of growth in the whole sector why are you continuing to be able to take share and put up big numbers? >> you know, it's all about the brands, jim. we just have the best brands in the entire industry, with brands like corona and wine brands like the prisoner and we've built the portfolio of brands that today is probably the, a stable of the best brands in the entire beverage alcohol industry. >> last time you were on, wine was a little weaker. this quarter wine stabilized during that period a lot of people panicked and sold the
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stock. you bought a ton of stock after that happened. >> yeah, we actually bought back a billion dollars worth of stock this year and returned about $1.4 billion to shareholders in beau the stock buyback and the dividend, so yeah, wei took advantage of that, and we don't give quarterly guidance. we give annual guidance. quarter to quarter, fluctuations usually aren't technicalparticuy important in our business and represent seasonality and shipments and depletions it was a great year. third quarter wasn't indicative of anything. >> you talked about canopy growth and investment that has already doubled. can you explain to people what's going on with that now. >> sure. we invested in canopy growth, which is the largest medical
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cannabis company in the word, headquartered in canada. we invested in it for strategic reasons, to ultimately develop beverage brands for markets where cannabis becomes recreationally legal but that said, even though the intent was strategic, the investment itself has been a tremendous investment. we've bought approximately, in the form of equity and options, 20% of the company and about $13. i think the stock closed at around $33 today so it's a tremendous investment. but the strategy eck elemeic sth most important >> cinco de mayo is on a saturday you told me we would begin to see growth with victoria, so now we're selling, second is corona, and now victoria, where did that
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come from? >> hey, victoria, now victoria's a very large brand in mexico, and therefore, it's very well-known to the hispanic community, very unknown to the general market, but it's a fantastic product, and we're now seeing high, double-digit growth in victoria as well as the rest of the portfolio >> it keeps happening. how about corona premium, nationwide launch, what do we expect >> i think it's going to be a fantastic launch he think by all cpg standards, it's going to be one of the most successful launches ever premieres, it's a freiggreat co. it's growing rapidly, and it's going to be the premiere category >> you use the nba, you use the
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nfl, now ultimate fight club will i be seeing those commercials for that product for the, during the playoffs >> i'm not sure, to tell you the honest truth >> i sure hope so, the sixers are going to be in the -- >> well, we, well, i hope we do, but sports properties have been absolutely one of the best vehicles for our advertising, and weaver' g've got a signific increased investment in advertising those brands all throughout this current fiscal year that we're in now, so i'm sure we'll see it in a lot of places we are a primary beer sponsor of the kentucky derby so you'll have to be looking for us there for sure. >> one last question, it always seems that there's something out of washington that snags you aluminum tariff, what does that mean for the next years for
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constellation? >> i'm happy to report that it's completely immaterial to constellation. we don't buy a lot of aluminum in the united states in the first place, plus, cans is a relatively small percentage of our business, and with what we do buy in the united states, we got ahead so we don't expect it to have any impact on our business whatsoever. >> let's leave it at that. another great quarter from rob sands. they bought a ton of stock i told you to do the same. president and ce
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no, i don't trust this market we had a day like this earlier this week and everything looked great, right and then what happened i wouldn't trust this market as far as you can throw it. like i say, there's always a bull market somewhere, i promise
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bull market somewhere, i promise to find it for you right >> 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 her"shark tank." ♪ my name's derek pacque. i'm 23 years old, and i just graduated from the kelleye onool of business at indiana university. it has graduates such as u.s. state senators, c.e.o.s of fortune 500 companies, and even mark cuban. i got the idea for my business when i was still at school. "mad money." i will see you monday!

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