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tv   Mad Money  CNBC  May 22, 2018 6:00pm-7:00pm EDT

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>> do you have a final. >> i do have final trade got me thinking about -- >> thinking, that's what was happening. maybe for the theme to come up couldn't remember what it was. 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. i prop mise to help you find it i'm cramer welcome to "mad money. i'm trying to make you money my job is not just to ept ntertn you but make you money broken stock or broken company on a day like today, after an explosive rally yesterday, with the dow dipping 179 points and
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the nasdaq down, i like to look for a particular kind of damaged merchandise. stocks that have been hit even though the company is doing fine most people prefer to chase what's hot while it's happening. who doesn't want to be riding the next hot stop? but the problem with hot stocks is they draw late to the party better approach, find cold stocks of once hot companies that could ignite again. that way you could enjoy the whole run. find broken stocks of intact companies. what does a broken stock look like nearly two months ago, president trump decided that amazon was paying too little to the post office for its distribution. he went on a twitter ram page aga against the titan. the post office is turning a profit from amazon a profit
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forget the president may have attacked amazon because it's ceo owns "the washington post" which has been critical of this administration it crushed the stock amazon shed 200 points a rare breakdown in one best performing stocks of all time. it was painful to buy amazon >> a house of pain. >> every time the president went after them, the stock went lower. if you had done homework, you would have realized even if the post office tore up its contract and put the screws to amazon, it would have reduced the company's earning by a nickel. i remember telling people that they had to buy amazon pick it up every time the president tweeted. hardly anyone wanted to listen people were afraid amazon reports the best quarter of the year with a 43% increase in sales
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that's right, 43%. the perfect example of a broken stock. not a broken company the darn thing bounced back with a vengeance. a week ago, take-two reported. if you waited a few minutes on the conference call, the ceo announced a fix date for the release of red dead redemption ii it had been delayed multiple times. the stock made up the seven points and tacked on three more. that's how big this game will be after grand theft auto, i could argue it's the most important franchise. last we heard from the ceo of iff, here is a company that made a very bold move to buy a competitor which has a lot of exposure to the fast growing natural taste category the problem is, the deal cost a
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fortune, $7 billion. so the stock dropped like a stone. down 11% on the news, not just because of the price tag but because iff will have to do a $2 billion equity offering. that freaked everybody out if you own iff, you took a real beating here you got my sympathy. if you don't own it, you have my opportunity. this deal should be added which means iff is a classic broken stock. that's why i think it's a steal. you are off 17%. rare to see a stock down tha much for a year. i would buy half your position and half when the deal closes. how about waste management we have them on all the time the garbage disposal business is doing great because of all the construction they are cleaning up the stock got dinged last time it reported because of one line item on mosaic of businesses
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newspaper recycling. as the chinese pulled out, likely because of the trade war. we know that the chinese absence is baked into the stock. what happens if china comes back in now that our president was making nice, was, because middle of the day this sell-off started snowballing because the president is grousing about the talks. why not buy waste management before the chinese breathe new life into the recyclable news print business let's talk tough raytheon where was this guy when it was higher i don't know about whether this guy is right i think this analyst broke the stock. he didn't dent the company, which is the hottest product in the universe buy some when you see selling like today, it's not done the next day too heavy.
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how about nordstrom? this is a high-end department store chain with a strong balance street the company executed poorly. the stock plunged from $51 to $45 last friday. i think this was a highly emotional session where panic was everywhere in the name nordstrom did screw up, i would argue the stock is more broken than the business. the managers are good fluff to fix it it's always possible that the nordstrom family wanted to buy the whole company for 50 bucks will come back and bid for it now that the stock is down more than 8%. that's a stretch i know i'm putting it out there those are what broken stocks look like. how about broken companies how do you know what to avoid? this morning, ceo of j kjcpenney resigned he was heralded as who the
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company needed turns out, he was not what the company needed it decked a battered stock it sent it down 6% that's awful do we buy? i submit the answer is no. i think it is indeed a broken company. what makes me say that i looked at where their bonds were trading bond buyers are more discerning. the 5.875% note got hammered today. the unsecured notes due march of 2025 were annihilated. now yield a high 11% those are red flags suggesting survival might be at stake remember, we are looking for stocks of very good companies that might have made a mis-prid
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as long as you know the difference between a broken stock and a broken company, i think you can do very well for yourself by searching for unjustly marked down merchandise like iff, waste management, nordstrom. don't buy all at once. recognize that broken stocks rarely turn on a dime. when they do turn, they turn with a vengeance let's go to gregory in california >> caller: hey, how are you doing today? >> i am having an okay day how about you? >> caller: i'm doing okay. it wasn't too much fun today in the market i'm calling about a stock company called bidu. they were on their way up to 300. i thought i missed them. the weird thing happens friday one of the chief executives steps down >> right saw that >> they drop a ton this might be an opportunity to get in i get in then they have kept going down
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they haven't seemed to benefit from the announcements that seem positive what do you think? >> not yet give this time they are the names that i endorse from china i don't think you should buy them all at once bidu, yes, alibaba make sense. george in new york >> caller: thanks for taking the call >> of course >> caller: thanks for the action alert guidance also your recent review of the new cloud-based company. >> the cloud kings i have to focus on them. what's going on? >> caller: based on coherent stock, ran up to 320 in january. first quarter missed -- made it in terms of revenue, missed on earnings now we're down to 170 from a 320
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high i'm wondering whether or not there's any gas left in the tank >> look, ever since -- i have an aversion to the laser business i am not going to be the guy who will recommend that stock, even though i see it's down dramat dramatically and has an inexpensive price. know the difference between a broken company and a broken stock. you can make a lot more money if you buy a distressed stock of a solid company. whether it's air, ground or rail, the transports move our economy. with freight costs rising, could it be the time to ride the rails? oil hit fresh highs today taking some of the market by surprise tonight i'm revealing why you could have predicted the move months ago micron technology shares soared today after news of its $10 billion buyback and robust business is there more up side ahead.
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i'm sitting down with the ceo. stick with cramer. >> don't miss a second of "mad money. follow @jimcramer on twitter have a question, tweet cramer. send jim an e-mail give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.
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like i today you last time when we heard about president trump's trade armistice with china, a major shot in the arm for the railroad a company like union pacific which makes money by shipping chinese products without that worry, we can focus on everything that's going right here in this country we heard from so many companies this earning season who complained about costs of transportation you know what, they are winners. when union pacific reported, the numbers were excellent earning per share up 27% these are staggering companies the company is holding its investor day next week i bet we will like what they
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have to say. this is a great place to be. let's look at the chairman, president andof union pacific welcome back good to see you. >> good to see you. >> when you speak next week, will you talk about the industrial renaissance >> absolutely. it's happening in this country we're right in the middle of it. >> there seems to be a staggering amount of activity, building, construction, in one of your areas. the amount of work, the amount of physical goods that has to go to that is staggering. >> it is staggering. there's investment happening all around the country right now i think it's in part at least, maybe in large part, to tax reform also regulatory reform we see it across the steel industry we see it across industrial, chemicals, in the energy sector, housing starting to pick up nicely it's pretty broad in terms of the expansion. >> to me your last quarter
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suffered from congestion literally so much business, but you are the safest railroad in the country. you are not going to do anything that makes it so you are pushing trains where they shouldn't go has that been solved the bottleneck solved and therefore your operating ratio lower and better >> the bottlenecks have been resolved it was about too much inventory in specific spots. we have that pretty well resolved we're 80% of the way back. there's more work to be done in order to get back, we put excess resources into the network. we have excess costs that have yet to come out. that's our work that's ahead of us. >> you are hiring. at the same time, you are letting people go. it seems like it's management let go this is a nice twist on capitalism it's regular workers that are getting hired. >> pretty much that's right. we have taken our overhead structure, our administrative burr a burden and streamlined that. we are right in the middle of
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hiring we have a full training pipeline we're actually paying $10,000 and up to $25,000 signing bonuses for different parts of the country. >> bounty? >> i wouldn't call it bounty i would say trying to find the right people for the right job. >> fair enough we hear from many of the companies that -- recently campbell's soup. freight, freight, freight. when i think of the rails, they are a bargain versus trucks. is there any way that the companies who didn't think twice about it can realize that you can compete against the trucks maybe they're not spending their money right. >> that's happening as we speak. all of our markets that are truck competitive -- there's a fair number. we're seeing more demand in those markets. we're seeing pricing opportunities in those areas we are seeing more customers come to us looking for solutions, ways we can help them with this very tight truck market we're in a sweet spot for that. >> do you need more sales people the story is such a good one
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getting price, productivity, top line growth, excellent service, product as you say, it's not a commodi commodity. it's a story you should go to every manufacturer who says, we have freight costs and you can lower them. >> i totally agree it sounds like we're doing it right now. i hope they're watching. we have an excellent commercial team they're doing a great job. they are deeply engaged in every state and all the industries. >> net hot buttxt hot button isa you really are the train hubs ou out of mexico. are you worried about the peso being so low the president cannot be happy? are you worried about the huge amount of autos that are your sweet spot >> i am worried about nafta overall. what concerns me right now is there seems to be this idea that we have to race to a deal. if we can't get it done soon, we will have to pause for a while that strikes me as an unhealthy
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place to be. we have trading partners in canada and mexico who want to modernize nafta. we have good ideas i think there's a path forward to success for all of us to win. that's what i want to have happen. >> you say we. does that mean you have had a seat at the table? >> i have not spoken to the president about this i have spoken to his administration we made our interests plain. the links, the tight links between our trading economies, the fact that nafta is a trading block is positioned to win globally what we need is more markets available to us, not fewer we are talking about let's modernize things that make sense. the dispute resolution system needs to work better we need to modernize around e-commerce and intellectual property there's other elements i think there's a clear path to win. i think it can happen. >> one last question i know everyone is excited about the financials i don't blame them that's what this show is about you have bought back -- 946
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million shares in 2012 22% increase in dividend that's $1.25 back then versus $2.61. honestly, what is everyone hoping for given the fact that there is absolutely a lot of buying going on already not enough >> i think what our shareholders are looking to keep up the excellent experience that builds long-term value. keep being the safest railroad that builds long-term value.you investing. it's our money and we want it. whether it's dividends or bikebabik buybacks >> you have room to recapitalize, actually recapitalize >> we took our old guidance off the table, and at our investor day, we will reveal what we think the right capitalization for the company is
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>> you are in the sweet spot for oil. can it continue? you know what? we're pumping all we're going to get out of the country. >> it seems incredible the growth rate. it's producing in the neighborhood of 4 million barrels a day and growing. >> double from just a few years ago. >> it's not obvious to me where that peak is i think it gets driven by oil price and the ability to move the oil to market. >> it's a remarkable time. if the market comes down, it's union pacific in general chairman and president of union pacific. i hope you like what you heard i sure did
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welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. save up to 15% when you book early at hollidayinn.com
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people seem astonished that oil could hit fresh highs again. west texas crude touching 72 bucks. but the lodgic behie logic was. you got it less than a month ago from the smartest person in the business the ceo of the oil service giant. when it reported, he told us that supply and demand were in balance. global crude stocks were well below their five-year average. that he said meant oil could start to move up smartly very soon given demand was running up 1.5 million barrels over last year sure enough that's what happened he talked about how the dramatic
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underinvestment in global activity had at last taken its toll with countries like angola, mexico, indonesia and china experiencing notable year over year production declines these countries need to spend more on drilling or their output will keep falling. which means the recent gains in oil may be here to stay, especially since none of the countries are doing much to produce company. he said libya and nigeria, they are usually reliable sources of crude. they are running at full capacity not so good. he predicted the trend would sell u.s. shale field and russia and the uae were the only three sources of short-term supply growth in the world. they're not big enough to push prices back down there was no way they could meet the demand from the strong global economy something he thinks only a trade war with china could slow. he seemed surprised that the skepticism among oil producers about how long the higher prices
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could last given the high demand and dwindling supply that's caused producers to spend much less money than they should he figured they should be ratcheting up spending, especially with venezuela in free fall. president trump enacting sanctions on iran and venezuela voting in the same corrupt leadership venezuela has the largest oil reserves because it's halfway toward being a failed state, it's producing 1.3 million barrels a day. put this in perspective. they were pumping 2.5 million a couple years ago i think it's downing on some of the oil executives that it's time to ramp up production they need to spend more than they are doing and planning to do i'm not just talking about the south american exploration programs it's mystifying why some of the
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bigger u.s. pinnindependents ha issued equity here what the heck are they waiting for? i don't understand what's keeping the countries, like mexico and china, from dramatically increasing their drilling budgets china is flush mexico has a decent economy going with the peso hammered since trump was elected. when oil was in the 40s, all of the entities kept getting burned when they tried over and over to produ p pro -- without new exploration, oil will drift higher. if you get pullback, i recommend using it to build up some oil exposure maybe a major like chevron on pioneer natural or perhaps the most obvious, the stock on the man who predicted it all vinnie in california >> caller: how are you >> i am good
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how about you? >> caller: good. i'm a longtime follower. i decided to call after watching your speech to your stepdaughter's class at bucknell thanks for selling your personal struggles. >> thank you >> reporter: i had a question about valero i have shares in a roth ira. recent consolidation in the industry long-term, there's a push towards electric vehicles, more fuel-efficient planes and reducing carbon emissions. i wanted your thoughts on my position going forward, given i'm in my late 30s and it's in a dividend reinvested -- >> they see everyone going away from petroleum i think valero is fine i like marathon more i think they have more pro-shareholder attitude it's an interesting choice you have a half dozen years before i would really worry.
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that's the differential between texas and crude from brent >> caller: love your show. watch it every night with my two daughters at dinner. >> thank you >> caller: my question is on anadarco it moved up 6% with the recent rise in crude oil this morning, wondering, are we going to see the move up? >> here is what we did put it on a small position betting it will come down and get big at it. that's what i think you should do 52-week high slowly it's a very irrational and erratic market robby in california. >> caller: hi. professor cramer, you are a scholar and a gentleman. thank you for helping main street america. >> i'm doing my best sometimes very hard like today try. how can i help
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>> caller: i got real lucky and bought endeavor and marathon petroleum two days before their merger >> nice. >> caller: i want to increase my investment my question is, should i buy more marathon on should i buy more andeavor? >> you should buy marathon i don't want -- i just -- after what i saw with nxpi, not that analogous other than you see what happens when a deal breaks down, i can't take it. i think what matters to me is the marathon guys are fantastic. investors are surprised by oil's rise should they be i don't think so much more "mad money" ahead. this stock soared. i'm digging into micron's buyback.
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the economy is disrupting from hospitali hospitality. i'm talking to the ceo of rent the runway a very disruptive "mad money" is ahead. oil costs, rapid fire, tonight's edition of the lightning round stay with cramer
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did you see the stock of micron surging 6.4%? if there's any doubt this company changed its stripes, they put it to rest yesterday. micron makes dynamic random access memory chips.
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along with flash memory, two building blocks of technology. because they are widely and incorrectly considered commodity products, it made it easy for competition to flood the market with new supply, destroy pricing. there's been skepticism. many investors believe micron's business can stay this hot earnings have to collapse. to be fair, this is how it played out in the past even after this run with the stock up nearly 90% last year, over 40% for 2018, micron sells at 5.2 earnings. this time the company is telling a different story. they have gotten more complicated. management is adamant their competitors can't flood the market with new supply overnight. yesterday micron took a meat ax to this. they announced a monster $10 billion buyback, 15% you don't get that unless you think your stock is too cheap. let's go to the president and ceo of micron. welcome to "mad money.
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honored to have you. let's get right to it. $10 billion buyback. remarkable how can you be this confident? jim, when we look at the market trends for data memory and flash and all the applications, whether it is your smartphone or data centers or autonomous vehicles for the future, the demand trends are strong very importantly, micron is really executing well. micron, the new micron is absolutely focused on accelerating technology. we have produced great results we are very optimistic about our future as well >> you are humble. you say that you weren't where you wanted to be you talk about a competitor you think is doing a better job. what makes us think the competitors can't flood the
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market because let's say you call -- you call applied materials, you say, i need all the machines that we can get. they can't do it right? >> you look at the industry. look at the digital revenue that has been spend in the industrial over the course of last several years, it's around 30% micron has the same approach as well when you look at the technology complexity, it's increasing. each successive generation of new technology that is deployed into production is actually giving you less supply growth capability on a per basis. the cap is increasing as well. that combination is leading to stability of the market in terms of supply growth we project 2019 and beyond, approximately 20% supply growth. 2019 and beyond, approximately
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40%. when you look at in the context of demand, demand is 20% or slightly higher over the next several years for d-ram and 40% to 45% >> growth because you have autonomous vehicles, artificial intelligence, internet of things mobile growth, video game, cloud data centers micron is in all those now >> you got it right. micron is everywhere billions of devices on the edge as well as in the cloud computing. cloud computing data centers are the fastest growth driver for micron >> we have not been that happy with flash pricing d-ram pricing has been strong. last week, sysco admitted -- they are huge buyers it turns out it's stronger flash, you are not predicting a huge decline it's single digit decline.
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it's low at that >> we have predicted decline. the cost for the cost declines, as long as the price decline is not ahead of the cost decline, that's for the industry. remember, price decline happen, supported, that makes the market draw bigger. you displace hard disc drives in cloud. >> explain to me, you did a secondary october 12 you did -- last year 29.3 million shares. raise ad a billion dollars. you paid down debt you are buying higher than you sold was that because in october you didn't realize how strong this year could be? >> that was a good move at that time because it allowed us to pay certain amount of debt, which was high interest debt >> 7.5%. >> it was tied to -- we offer --
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do equity offering we could retire that debt. >> i see >> it enabled us to retire that debt of course, at this point, we are confident in the future. that's why we announced a 10 billion buyback. >> people have to recognize that that is a huge portion of the company's entire market capitalization you are retiring. >> we are confident about the future of the company. absolutely looking at continuing to execute well, looking at the market backdrop. we are excited about the future. >> you have applied materials all the time these are two amazing companies. they are talking about the discipline customers are all your -- are all of your opponents as disciplined as you are? >> i can tell you that we at micron are absolutely focused on return on investment any investment is absolutely
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targeted i believe the rest of the industry looks at driving profitable growth as well. >> when are people going to recognize five times earnings is ridiculous you have do it yourself and show people what a good bargain it is. >> you are right that's why we say we are going to buy the stock starting fiscal 2019, 50% of cash flow >> i'm a believer. the stock is ridiculous. it's cheaper than some of the auto companies they're great companies, but they can't do it i make you the cheapest of all 500 stocks the ceo of micron. thank you so much. >> thank you
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welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. save up to 15% when you book early at hollidayinn.com
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save up to 15% but as it grewook early bigger and bigger,ness. it took a whole lot more. that's why i switched to the spark cash card
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from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. and that 2% cash back adds up to thousands of dollars each year... so i can keep growing my business in big leaps! what's in your wallet? it is time then the lightning round is over are you ready? start with judith in massachusetts. >> caller: thanks for taking my call
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a few years ago, you recommended altria group i bought it. you said to let -- to reinvest the dividends, which i did do. honestly, lately it hasn't done anything >> it's got this competitor that is -- we call it jewel it's hurting the whole industry is being ruled by this i can no longer recommend any tobacco. let's go to daniel in texas. >> caller: captain cramer, thanks for all you do. broken glass or will it shatter? >> i don't like optical fiber. i'm going to say no to that. molly in michigan. >> caller: hi. thanks for your expertise. i want to know about beacon grouping >> a lot of the companies -- we did -- a lot missed their quarter. can they come back yes. would i sell them?
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i don't know the problem is that they had a good quarter anything in housing is going down i want to be careful let's go to ray in massachusetts. >> caller: hay love your show follow it regularly. my question is about vrnt. >> this is -- one of the companies that does surveillance digital video. i like that industry i also like it i'm okay with it frank in ohio. >> caller: frank from ohio here. a first-time caller. >> good. good to have you >> caller: i would like to know if i need to buy more or sell sprint >> i prefer -- t-mobile at $57 i think t-mobile is the one you want to own, not sprint.
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let's go to ron in jersey. >> caller: how are you >> i am good how about you? i'm in a similar resident. what's going on? >> caller: i was interested basically -- i was watching opco health >> it's been a disaster. i don't know what to say it shouldn't be. i think the company is a reasonable company it doesn't seem to get any traction that's why we need phil frost on dawn in california >> caller: hey i love your show, your books >> thank you >> caller: great advice. a question, flex, buy, hold or sell >> there was problems with that last flex quarter. there were some accounting issues i can't recommend any stock that has accounting issues. accounting issues equal sell let's go to mark in pennsylvania >> caller: professor cramer.
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i'm calling from the city of brotherly love >> philly. >> caller: my kids and i are longtime listeners i wanted to get your thoughts on a stock i've had for a position for a while. until recently, it had been going sideways it started acquiring debt. the stock is for first data. >> that was a terrific quarter i didn't expect it to be that much of a blowout. conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy.
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we're searching for game changers, revolutionary companies. sometimes that means going off the tape with privately held businesses that are at the cuttinginnovation. consider rent the runway this is a brilliant idea there are tons s of occasionsa women feel compelled to spend a fortune or a dress they will wear two or three times in their whole life if you want to wear something nice, it could set you back thousands of dollars for something you might wear once. nine years ago rent the runway lets women rent high-end luxury
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apparel online you pay $159 a month for four items in rotation. that's how they have 9 million customers. it's generating more than $100 million per year it's how it made it to the number nine on disrupt the 50. this has the potential to shake up the apparel space let's dig deeper with the co-founder and ceo of rent the runway i also have to say, changing the work rules welcome to "mad money. have a seat. honored to have you on the show. you have done enough for our staff, all of whom use you >> that's amazing. >> they all do i want you to tell me about the closet and give people the rudiments of how this works. >> we enable women to rent clothes. as you said, we started off with renting in special occasions
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we recently launched a subscription to fashion where women could have a closet on rotation, have unlimited possibilities of what to wear. we're finding that the average subscriber uses rent the runway 150 days of the year as opposed to reaching into her closet. >> that's everyday work to look their best. >> 100%. it's a consumer behavior change. instead of going to the closet or buying something new, you rent an outfit for work or your weekend. >> one of the things that came to mind -- i was speaking to regina, my executive producer. this is both the rent economy but also the netflix economy you buy the clothes. you then rent them out even in the end, there's a residu residual you can sell that in the end. >> it's asset utilization. it's all about how we take this blazer and restore it to perfect condition after every use and turn it as quickly as possible >> one of the things i like about what you are doing -- i'm putting it in high you are a private company.
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you can do this. you treat your workers differently. in the end, you think -- for self-esteem but enhances profitability. >> so we decided to equalize benefits across all of our employees hourly and corporate give the exact same policies to people across parental leave and paid family sick leave not only do business leaders have to be moral leaders, this is going to save my business millions of dollars over time. talent is the competitive advantage in the new economy 70% of millennials won't work at a company unless it exemplifies this you don't have to acquire new talent, those are higher costs than equalizing benefits >> why don't more people know that why don't they know that >> i actually don't know when we talk -- when we thought about this financially, it makes
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so much sense financially. i think that it's a matter of someone stepping up and doing it so much of business is about pattern recognition and copying what others have done. >> talk to me about which of the subscriptions -- why would someone go for the more expensive? also, do it in terms of not just demographics but also size of space in someone's apartment >> right one of the reasons why i had a vision for the closet in the cloud is that every single person around the world has this storage facility in their bedroom. we call it a closet. 80% of the stuff in that storage facility is worn three times or less in its lifetime there's an enormous amount of waste and financial value that we're placing in things that we don't use. the idea here is to completely save people thousands of dollars a year by nature of giving them 150 days of the year they can
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have new stuff of course, be giving them access to the real designer product that they wouldn't have been able to afford >> have a take no prisoners attitude you really would prefer retail to really kind of go away as a way to be able to buy. it's a very inefficient way to clothe yourself. >> people should think about their closets like they think about a stock portfolio. things you want to invest in make those investments you shy invest in a great pair of jeans and a cashmere sweater. have things that are higher quality that last. for everything else, just have that on rotation have the ability to take risk and constantly have newness and variety. that's a subscription. >> people -- we went over the numbers, how many people this is rapid acceptance you decided to go some brick and mortar >> the brick and mortar is -- if the closet is in the cloud, the stores become your dressing room we power with technology you can go into the store, drop off things you have worn, take
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things off the shelf and leave without paying we legalize shoplifting in the store. it's this magical experience for women to be able to have really convenient way to get something new. >> you have revolutionized a lot of things. that's why you can have an incredible run for rent the runway co-founder and ceo, i love this story. "mad money" is back after the break. thank you so much. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today.
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♪ ♪ (baby crying) ♪ ♪ don't juggle your home life and work life without it. ♪ ♪ and don't forget who you're really working for without it. ♪ ♪ funding to help grow your business... ♪ ♪ another way we have your back. ♪ ♪ the powerful backing of american express. don't do business without it. - anncr: as you grow older, -your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up!
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- anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. reiterate oils are going to come down. i want you to pick one find one you like. i think oil is not done going higher it will be good to have a little exposur exposure chevron is fine, too even exxon 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." ♪ whee! whee! my name is david mealy, and this is my wife dominique. "nique" for short. look at me! we live in tampa, florida, with our son austin, and we are expecting our little girl caroline in about two weeks. nique and i have been married for five years. i met her my very first weekend here in florida. i landed a job with actually two of the largest golf companies

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