carnival, one of the things they blame, chinese are not taking boycott from last year.ecause >> taking a direct bite out of -- and i wonder if that becomes part of where this goes. anyway, thank you for watching "fast money" begins right now. >> "fast money" starts right now. live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. welcome to the traders on the desk tonight on "fast" ge having its best day in three years after the former dow stock announced a major restructuring. what are the sum of the parts really worth we've got a special "fast money" game he says there's one thing that could save the crypto universe he'll be here too explain this controversial call first, we start off with the big story of the day, the midday oil surge. president trump sparking a crude rally after the u.s. says it will push for allies to cut oil

imports from iran to zero. oil soaring above 70 bucks a barrel and wti's highest level in the month and this is on track to be the best performing sector this quarter. so is rising energy prices goo or bad for the rally. >> it's bad in the context of what you just said, president trump is ratcheting up the rhetoric but with the last two years crude has been rallying probably for the right reason. because economies are getting better globally so in a vacuum it's a bad thing in the aggregate i think it's a good thing and levered energy plays continue to work the petroleum was a power pitch and if you look at it there's a lot of runway. >> appreciate the credit

anyway, trump rhetoric bad, overall very good. >> there was a lot of confusion. ultimately what they ended up doing by doing a million barrel increase which is theoretically probably 600,000 barrels on market is they should have seen that as a negative event opec and non-opec are very much i think working together and i think the outcome has been supply discipline. i think we continue to get supply discipline. meanwhile if you're an investor in energy stocks, the discipline in terms of cap ex is fantastic. so apc is one of them. but i think you say in the mid to upstream and i love mlps as i think you know and that's based us very well with a consistently higher oil price. >> where do you find value in oil, karen >> i don't find value in oil between friday and today's move so guy talked about it being a spiky kind of move and we haven't seen yet or i haven't what response the other

countries will have to trump's policy and whether they'll go along with that. let's say ey don't we'll see oil come back in, right? so i wouldn't be choicing oil right here i don't have a ton of exposure to this space which is part of what's going to go up. you talk about underexposure to the energy space. >> do you think in the absence of trump's proclamation that oil prices should be going lower >> no. maybe $3 or $4 absent that the economy is doing we well. >> i don't see how a 3% move -- let's call it geopolitical without an increase in demand is good for the economy there has been an underlying theme since oil is doing better. so if oil is going up because

the economy is getting better and i'm one who is long oil at this point in time, if oil is going up because the economy is getting better, great for the rally. if we continue to spike on this hey, let's cut down on -- let's not buy this oil with no increase in demand then it's not good at all. >> i think it's interesting that we are rallying on supply disruption news when two years ago or a year and a half ago we had all the supply disruption news you could ever want so right now the consumer i don't think cares. >> and on the flip side we got the warning from carnival which saw a rise in all costs including fuel and what do we see in the airlines we saw airlines go to session highs. that spike in oil happened and then they closed at session lows. >> you have to ask yourself in terms of cruise lines, we talked about it last night, a name like royal caribbean which is down from 135 to 105 over the course of two months, is that priced in valuations in these names are

becoming reasonable. the airlines have made sense on valuation for some time. probably not the best reason to own them but devoid of any other reason it's good enough. >> you're in airlines. how much >> if oil stayed right here that would be a problem. >> if oil stayed into this because it grew into it, that's okay profitability will be hurt but they will be able to have some >> were airlines rewarded on the way down where was this windfall that people talked about for the big three priced into their valuations so i think there's -- look, there are airlines analysts out there, we talk to them all the time on this show that think higher oil prices give airlines pricing power and that gives them the ability to pass higher costs to the consumer and that's something the airlines have been saying they want to do. i think they'll do it. >> we should find out. that goes back to we started this year with this global synchronized growth. now the u.s. is the only place

we saw people running into the u.s. the equities, running into idiosyncratic growth in triple qs, in russell if you can increase prices because there isn't additional demand then we have a problem. >> that was the united problem for the airlines if they rein that in somewhat and we've seen a little bit of discipline, we should be very good. >> i think airlines, we're talking about a growing economy. airlines are priced for a recessionary economy ten, 11 times isn't representative of an economy that will do 3.5% gdp. >> here's a question. >> macro question. >> it's always a game. >> why can't i just ask a question on this show?

we have the fed raising interest rates, we have potential tariffs got a bunch of products. >> fed raising interest rates would put some of the ceiling on o oil. we've talked about this. that's what you should be concerned about. >> they're in a box about raising rates. >> they shouldn't be focused on the market if the market goes down on the back of the fed so be it we're eight years into this thing. >> you're saying they should or should not >> they should continue the course they're on and even be more aggressive in my opinion. >> i agree the market is not -- should not be one of the biggest factors at all. what are they going to do? time the market? that's not a policy. getting out of this eight year

experiment -- >> but the market is a reflection of the concerns in terms of the confluence of tariffs, the confluence of oil price spike. >> i don't see why these things are moving so if the fed is raising rates because the economy is great, have add it, knock yourself out. keep raising them. but if the economy is stagnating and we have higher oil prices and a trade war and we have margin compressing then that's going to be a problem. >> we have to look in context. the raising rates from here, right? >> again, i harp on these regional fed surveys because everyone we've seen i've shown enormous price pressures.

so i think there is price inflation and that will push the fed faster than people think. our next guest says the energy rally is just the beginning. let's go to chris veron to find out why. what are you looking senate. >> we brought along crude to start and what i think is notable is the last month of price action over 20 days oil goes 73 to 63 and then in a matter of a week it makes it up that is bull market price action, we're showing you the three month low line so the lowest price crude has made over the last three months so that is characteristic of an uptrend not a down trend xle peaked relative to the s&p almost 10 years ago to the day in june of 2008, underperforms by 65 over the last ten years.

that's about as bad as you get when you look historically at the worst sector decline so the worst day for the energy side are behind him but in the ve near term if we look at the xle, higher low, higher low, higher low, right on the verge of breaking out back above 78 we think ultimately this goes to 85 i would echo the view that e and p is how you want to play this we brought along two names, this is eog right on the verge of coming out this big base so we have a good chart and this is oxy, another name right on the verge of coming out of this very big base. you get this one above 08, you're looking at $100 stock so we think crude up, enp is how you play it. >> chris comes over. >> yeah. >> come on over, chris. >> a statement not a question. >> bring the chair in. >> and ultimately can we do

anything about it? >> no, and i'll just ignore you. so you brought us the chart of the xle but you say the way to get it are the enp names so i assume it lexington better? >> when you look at the xle you have to remember what the weights are. you have a lot of big names that haven't participated when you get to the xop, you're gettingog, marathon, oxy it's been true the last six months we think it's true the next six. >> so looking at some of those implies higher oil prices. i look at the chart i see 80 bucks as resistance and then 09. is that what you're thinking >> 82/83 has been our target what's notable in our client meetings how few people think it's going i don't think most people realize we're back to 72 $crude he -- $72 crude here so the trend is up i love how it digest it had news from last weekend.

that could have been portrayed as bearish news for crude. two days, boom, right back at the highs, that's how bull market instruments act. >> what has been the relationship of late between crude and the u.s. dollar. >> weak. and historically frankly it's been weak, too there are periods where it matters. i would be his teesitant drawin many conclusions about u.s. dollar strength and crude not going up. >> that old saw, that's out the window >> a lot of things we hear in this business when you back test them aren't true. >> if you think about what the dollar has done, the dollar has had a 6% rally off the floor during that time i think you have seen the dollar because, again, oil -- why did this happen? because oil prices are priced in dollars, that's why producers want to see oil priced in even chinese yuan, but totally agree they are the most leveraged oil prices those are the ones that make sense a and are levered to this move right now.

>> if you look at the oil field services relative to these and how do they compare? >> i think we look at a halliburton or slumbchlumberger they're probably washed out to take a long side i'm not convinced. so iwe're looking for a shot for something washed out, not a bad spot to poke around. >> chris, thank you. >> thank you. >> chris verrone what your favorite pick, guy >> halliburton if you look at where it could rally i think halliburton is interesting. but i'll say it again, anadarnao petroleum has had a tremendous room and has room to the upside. coming up, breaking up is hard to do but maybe not for ge. the stock is soaring after announcing it's shutting its businessistbusinesses. so what's the right price for ge well, a lot higher according to one of our traders. lus, trump goes hog wild sounding off against harley-davidson so is the company the first trade war victim or there something else

irking the motorcycle maker? we have the details. later, wall street's king of crypto is back and he says there's one thing the crypto universe is missing that could bring back the bitcoin boom. w rk sarine from timesque neyo city. much more "fast money" after this brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - 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. one second. barely enough time for this man to take a bite of turkey. but for cyber criminals it's plenty of time to launch thousands of attacks. luckily security analysts and watson are on his side. spotting threats faster and protecting his data with the most securely encrypted main frame in the world.

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we have a news alert out of the trump administration, let's get to kayla tausche. >> larry kudlow is looking to

restock the white house economic team amid turnover this is according to three people familiar with the matter. among the people kudlow is considering, dan clifton and stephen moore, the conservative economist and kudlow's close friend clifton has been floated as potential deputy director of chief of staff and is said to be one of the handful of candidates considering over agency officials and one current nec staffer. moore's name has been mentioned for a bespoke senior advisory role according to art laugher, he's someone in step with kudlow and could fill his shoes when he's away clifton and moore declined to comment. kudlow did not respond to requests for comment roughly a quarter of the necs 24 jobs are open including senior roles of agriculture policy. one person is set to take a senior role at a financial trade

association but may remain at the white house to run its legislative affairs arm. the white house for its part said it would not comment on who larry has spoken to only that he's interviewed several candidates both internally and externally for the position p. melissa. >> kayla, thank you. all of those names should be familiar to cnbc i think it's -- >> all these guys. >> probably a good thing >> i think so. these are big picture minds that may fit the posture of this administration but these are folks thinking about the big picture as it relates to foreign trade. >> very free trade oriented. but i'm wondering if that free trade -- is that the policy? i don't know maybe it appears not at the moment ultimately maybe we'll see something different. i assume we will but at the moment it feels like the less free traders -- >> it feels like when kudlow had

a heart attack and he was sidelined for a time that navarro and lighthizer gained some say and sway within the administration. >> i sense a conspiracy theorist in you coming out. >> no, that's just my thought. >> it doesn't help that the trade rhetoric has been amped up so you get people in there that are more free traders. >> market friendly. >> i'm just thinking maybe the former soviet union in my head and people doing nefarious things, move on. >> why are you taking down -- >> let's stick with d.c. in the trade wars shares of harley-davidson suffering their fourth day of losses as president trump goes hog wild, threatens the company with new taxes let's get to phil lebeau in chicago for the latest. >> it wasn't just the tweet this is morning where the president not just once, not twice but three times went after

harley-davidson with pretty pointed attacks. he then went back at them in the afternoon when cameras were allowed into a cabinet meeting here's what he had to say about harley-davidso harley-davidson. >> i don't like that i've been very good to harley-davidson and they used it as an excuse and i think the people that ride harleys are not happy with harley-davidson and i wouldn't be either. >> what does harley-davidson think about being called out by the president? we reached out to the company and heard nothing back as far as i can tell, i have not seen any response from haid harley-davidson. it brings up the question. if the president goes up against your company, could it hurt business could people say i agree with the president? i don't like harley-davidson look at what's at stake for harley-davidson in the u.s it has roughly half of the market when it comes to motorcycles in the united states its q one sales were down 12%

that made not necessarily the indication of harley-davidson's struggling as much as there's soft demand right now when it comes to motorcycles in the united states so as you look at shares of harley-davidson, i know a lot of people will be saying well, will they ultimately say something will they respond because they're getting beaten up? there's two ways to handle this if you're a ceo, melissa, as far as i can tell because i cover so many companies that have been attacked by president trump. you either go to the white house or go to the president and you have a conversation and ultimately make a deal, you saw that with boeing, remember the air force one project. now they get along swimmingly or you don't say anything which is what we've seen from general motors, toyota, the german automakers you just sit there and take it and you don't respond the way that you might ordinarily if somebody attacks you on social media. those are really the two ways we've seen companies handle the presidents when he's attacked in the past. >> phil, thank you phil lebeau there chicago. then you have to ask if the president says don't by a

harley-davidson, are customers go inge to not by a harley-davidson? we've seen -- >> yes. >> yes and no there's going to be a whole other faction going you know what i support harley-davidson, i'm going to go buy a harley we've seen that with many things i think wh delta airlines or a couple, not most recently, but a few months back -- >> i think president trumps that a lot of harley buyers tend to be trump supporters. by the way, harley's issues are secular, not cyclical. they're having a tough time. they've been having a tough time for a long time. 12% down year over year. u.s. sales down 12%. worldwide down 7%. this is not a trade war stock, this is just a stock in decline. >> stock is only down .6% today on the back of trump's -- right, today, on the back of trump's sport of amped up rhetoric. >> and maybe this will the. >> you road a harley in college? >> of course i had a side car that you wanted to get in all the time. >> nice comeback. >> you have to be careful who you're working with. >> with that said i'm with tim

it's a company in secular decline for the last five years. phil said, dn 12% in the u.s that's bad but i'm telling you another thing. you're two or three days away from a youtube video of a guy torching his harley in the front lawn. >> you think that brings the stock down >> that might be the bottom for the stock because you get into a place now where you look at it and maybe valuations make sense, last quarter gross margins hung in there. >> sell the tweet by the torch >> i like that like what you just did. >> hurts the side carp. >> but to that point we have seen -- and this is everything time and time again you have these big sweeping statements and they're walked back so you look at harley already beaten up appears to be support. to me it's great risk/reward to play that. listen, this is going to be walked back. >> for more on what the trump trade policy means, head over to cnbc.com for more coverage. still ahead, ge soaring

today after what looks like the start of a breakup so what's the stock worth now? we've got an unusual way to value the stock and tim will break it down. i'm melissa lee. you're watching "fast money," first in business worldwide. here's what else is coming up on fast >> announcer: in the battle for your money, big established stocks are getting crushed by upstart rivals it's the story of the market no one is talking about and we'll tell you how to cash in ♪ baby come back >> announcer: that's what they're hoping traders will do when it comes to bitcoin, but 'sothe buyer you'd normally think of. he'll be here to explain when "fast money" returns you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it?

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crypto dedicated fund and it's a big raise. $300 million that will be used to invest in virtual currencies like bitcoin and either as well as blockchain related projects the funds will be co-led by former doj prosecutor catherine huan and chris dixon the launch comes as bitcoin has lost 52% of its value in 2018. dixon telling cnbc the firm is not worried about the ups and downs of the cryptocurrency market and some of the downturns can be the best investments. further more dixon says all though the bitcoin white paper is ten years old, we believe we are still early in the crypto movement the infrastructure needs to be improved and the applications are difficult for non-early adopters to use. many crypto applications still get dismissed as toys. we believe this will change quickl quickly. they did make early investments in instagram and airbnb and has

raised over $7 billion across seven funds. also worth noting andreesen was one of the first firms in silicone valley to put money in cryptocurrencies back in 2013 when it invested in coin base. however, bitcoin not catching a break today, down about 1%, 6180 melissa, back to you. >> seema modi at the crypto desk what is striking about her background is her doj experience. >> absolutely. she's been at the forefront of this as well as andreesen horowitz so what's interesting about this, we've talked about -- and i've talked about this wave of institutional money coming. >> it's $2.5 billion that they've invested in cryptocurrencies and blockchain ventures over the past few

years. he could build the space out. >> i think that's really what we hear from the community more than anything. i think they're investing in tokens but the platforms are where people is excited and that's where these guys are getting their credibility. many believe the emergence of institutional players will drive crypto our next guest says there's a bigger catalyst that could bring about a crypto comeback -- you at home. bart smith a head of digital assets at susquehanna but he's known as wall street's crypto king hope you like your nickname. >> the narrative has been about this institutional money andreesen horowitz, that's great money but they're venture capitalists, they're fintech venture capitalists at that so i don't feel that's a tremendous departure from what they've done

and when you talk to those folks you don't get that sense of urgency. i think an area of the marketplace that hasn't been touched upon as much is secretary -- hinman from the s.e.c. two weeks ago when he talked about eithther no longer being a security and stating why, a lot of these other tokens don't meet the criteria? coin base, gemini, circle, all of those people are servicing retail investors. >> so when we think about retail investors and we think about the guy at home, we're talking about high net worth individuals who may be going through their ria so they have more capital. are they the same people in at

the height or different people >> there's over 600, 000 registered reps in the united states and the vast majority are not able to advise their clients us to buy bitcoin and as regulatory clarity and you're seeing there's an opportunity for some firms out there. at the bottom end of the spectrum you have the disruptor, the robin hood who offers to their four million mostly millennial customers, ether and bitcoin and the top of the food chain you have abigail at fidelity and they're building out a crypto platform there so there is a sense of urgency for an asset grab. >> we're sitting in the u.s. and we get focused but crypto is a global asset more than 50% of the volume traded is in asia. i'm starting to see asian offices, high net worth investors buy this market. is that more of a catalyst, perhaps, than the u.s. retail

investor >> it is, i mean, generally you've seen this in the past where the ra market has led institutional. that's what happened in the etf world. in the early stages of etfs coming to market in the early 2000s, institutions called them bad and dangerous, that they were inefficient and so what the ra marketplace did is they took these tools and used them to build portfolios and as they gathered assets and started doing institutional sized trades, that ended up being the case study for larger institutions like pensions and endowments and insurance companies. i think in this space you could see the same thing where you see large pools of retail non-institutional asset bus family offices act like small institutions so that might be a proving ground where you see the lower end of institutional leading larger. >> in terms of institutional demand, what have you seen what did you see as bitcoin tested its year's lows >> again, i think that the

institution ral world is looking at this. if you look at most of the people who manage head funds in the crypto space, they're not people like you, they're not capital markets people, they're engineers, computer cientists, they haven't managed 350e78's assets and they feel like in the huj fund mood i can grab one of these funds or launch my own and i would have a -- advantage given the fact that i already have institutional customers. >> great to have you with us. >> thank you. >> crypto king of wall street. >> i mean, look. >> what have you seen in terms of your interest >> it e's interesting i brought up the asia part of it and what we have seen is a lot of demand coming out of asia and the feeling is this is an asset class.

it's something we want to have some portion of allocation and the institutional demand is probably the family office high net worth. i agree with bart. if we can get retail money and fidelity coming on board would be massive for the space and that's going to come. >> let me ask you, what comes first, the chicken or egg? the investor themselves saying to their ria i need this allocation or the other way around >> i would guess that you get somebody -- let's say fidelity you get them, there's tremendous demand for the fidelity product buying bitcoin than the ria saying we have to do this. still ahead, general electric having its best day in three years, stock surging after announcing a plan to shrink its business is the worst over for this formerdown stoform former dow stock and david versus goliath there are a number of underdog stocks locked in battles with the biggest companies in the market and the small guy is winning. wel e y'lthelou the surprising

names when "fast money" returns.

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welcome back, general electric used to bring good things to life today it announces more details about its restructuring plan morgan brennan is with the new york stock exchange with that story. hi, morgan >> thanks, melissa well, spinoff the health care business, exit baker hughes, derisk ge capital, cut corporate's footprint. this is part of the long-term strategy unveiled by ceo and chairman john flannery today to

turn around the struggling industrial company. >> ever since the pain my life savings is in the stock so i have the same sort of connection to the issue. the second thing is we've gone through a tough patch. we've faced into the issues. we're dealing with the issues. we have a plan we know where we want to go stay tuned if for ride here. >> how he plans to get there, health care becomes stand alone. that's the process that will take 12 to 18 months, going the exit baker hughes over the next two to three years remember, ge merged its oil and gas unit last year, similar deal under way at transportation right now as well. the results, a quote simpler stronger ge. one that is focused on aviation, power, renewable energy which flannery's bet willing unlock value for areas like health care

but help shore up the balance sheet. investors have been looking that the for months this is the reason the day ended up 8% but i caution it will take time many details are still unknown, particularly around ge capital also the future of the dividend, ge says they will maintain it at the current level for now. but ealth care is stand alone, those payouts are going to be reassessed according to the company. back over to you. >> all right, thank you morgan brennan at the noysyse. we thought the perfect time to play t pri"the price is right. when the traders are done, traders will vote on whether or not they think the price is right. let's get to it. who is the next contestant. >> tim seymour, upper west side of manhattan, come on down.

>> how much should ge be worth >> maybe not the greatest. i tell you what, here's how i like to do that. i think ge is worth $17. ultimately let me give you a quick pie chart of what the core businesses are the other half is health care, ultimately you have power, transport and baker hughes and ultimately if i do the summit of parts here, folks, i end up with rough roughly $195 billion in the enterprise value of all these things together. so that's a real business and baker hughes, which they own 65% of, right away that's $25 billion so that's $25 billion there so i have to subtract the

debt and i'm left with $145 billion in market cap with $8.7 billion in shares and i get $17 a share. it's not all the same business, not all computed the same way. that to me is very conservative. if anything, i don't want to overdo it, i don't want to underdo it. >> traders, i hope you're paying attention. he says ge should be trading at 17 bucks a share. >> that's what i'm saying. >> so higher or lower? is tim's price right >> assuming it's all done and the whole thing -- the whole plan has been enacted i'm going to reluctantly -- 16. >> lower

>> should we review the rules of the game 17 is the base, you go higher or lower. let's try this again brian kelly, what do you say >> i mean tim made a compelling case i guess to me many, many assumptions are in there that i'm not sure i can get a handle on so i'll go with lower. >> lower two lowers >> i don't think you can do the math. >> i was told there would be no math. >> the last person on the desk guy, thank god for your name tag there. >> come on, guy. >> what do you say lower. >> tim makes a cogent argument but we've seen stocks that are being takeover talks that traded at discount to the takeover price. i think the reasons why are risk arbitrage a lot of times, market doesn't believe it in my opinion the market doesn't believe it should be worth the sum of the parts still too opaque. >> so lower. >> i said lower. >> i'll take the other side of

that trade we're talking sum of the parts on businesses as they stand. there's no question about that to me and ultimately the market will pay a higher premium than a year or two. >> tim from the upper west side, thank you for playing. >> so excited to be here thank you you folks at home. >> that does it for us, don't forget to get your pet spayed or neutered. >> what? >> homage to bob barker. don't you youy books about game shows now it's time for you at home to weigh in did tim get the price right for ge or should it be higher or lower? head over to our twitter poll vote at cnbc/fastmoney do traders think this unlikely trend will continue? we have the details. much more "fast money" right after this

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welcome back to "fast money. we have a market flash on wwe. it's soaring let's get to contessa brewer. >> do you know who roman raines is >> no. >> you're about to because there is a big deal happening. they have signed -- wwe has signed a new deal that is going to bring smackdown to broadcast fox network on friday nights so that all of america can enjoy it whether you cut your cable cord or not and in afterhours trading now this is up 5.6%. they're extending their deal with usa network which is owned by nbc universal comcast but the

big news is that it's going to broadcast tv. >> roman rain? >> yeah, he goes up against the undertaker. >> i know him. >> and ronda rousey is with him. she needs a special name now like ronda rousinator or something. also, could you put those lights around me. >> did you like our name tags? we'll send you one contessa brewer, thank you. >> the caretaker we should have withwe name tags >> do we have a trade on that? >> the stock has been parabolic over the last six months the shorting have been betting unsuccessfully so til you see a day where it trades time normal volume i think the stock goes higher. >> wwe isn't the only underdog taking on bigger rivals. some say bigger is better but that might not be the case for some well-known brands

let's get to bob pisani at the new york stock exchange for details. >> the s&p 500 is about 11% but there's plenty of so-called pear trays that have produced amazing returns. a pair trade matches a long position with a short position in a pair of highly correlated stocks that are usually in the same sector. it's true over the last year smaller competitors have been beating out their larger rivals in several sectors so shake shack versus mcdonald's shake shack has a market cap 1/50 of that of mcdonald's but it's been up 90% mcdonalds is flat, up just 5%. in retail another example, etsy has a market cap less than one-one hundredth of amazon but etsy is up 175% versus 70% for amazon in the last year. another one dunkin' brands is 8% the size of starbucks but it's still outperforming, up 25% versus 16% for starbucks square is less than one-third

the size of american express but it's been up a whopping 161% in the last year versus up 18% for american express with this kind of outperformance you might think the shorts have it out for the underperformers that's not the case with these pairs, mcdonald's and amazon are not heavily shorted stocks right now. american express was heavily shorted several years ago but was not anymore. only starbucks has slowly seen its short interest in the last couple years but that's not heavily shorted either only three days to cover for the short positions there, not considered very excessive. back to you, melissa. >> thank you very much, bob pisani so as the underdogs take on the reigning top dogs it reminded me of the biggest underdog story. >> u.s. olympic team >> no, close. >> you getting into harvard. >> never gets old, does it little david defeating goliath

we thought we would play a game with the underdog or top dogs. which are the better bets? the davids or the goliaths a literal would you rather, if you will, so we'll start with tim and you're going to look at dunkin' versus starbucks dunkin' being the underdog, the david, starbucks the top dog, which one? >> no question, goliath. you have a dynamic here where david has outperformed by about 50% or so in the last three yea years. why would i want to get in this trade on the side of dunkin' when dunkin' is running into slower growth? i think that multiple isn't deserved kevin johnson gave a long chat where he didn't have a chance to rationalize a lot of these u.s. comp numbers that knocked the stock down dramatically so there's no reason to me, you're selling starbucks.

i would be owning starbucks over dunki dunkin'. >> this is david versus the goliath? why is the incredible hulk -- put that graphic up again. that's the craziest thing. >> that looks like a transformer. >> creature from the black lagoon. >> the crack staff could have -- they should have got an biblical david and goliath. i like dunkin' better than starbucks. starbucks is up against it, i get the valuation story but valuation story might be rich given their growth so i'd rather be dunkin'. >> karen, etsy is the underdog, amazon is the top dog. david or goliath >> i have to go with goliath mathematically they're difficult to get behind on a valuation basis but if you think about it goliath has so many more resources plus it's more divorce

phied. it's not that i don't like etsy but i think all right, there was a freak accident and david won overall, though, goliath were they to fight ten times goliath -- >> goliath wins the war but david wins the battle? >> there you go. >> next up is bk >> is that david or -- >> what is that? >> that's david. >> it's a slingshot. >> oh, oh! >> get with it will you. >> i'm up on my biblical reference now. >> let me explain why. >> very deep, this gain. to be clear. pect a slingshot >> are we ready now? >> yes, please. >> square to me is more nimble, they're solving a real problem they're out there with small businesses solving a problem for them that i don't see that american express doesn't -- they don't solve that so to me if you're talking about

payments and where the growth is, a company like square, that's where it's at. >> can we get the slingshot again? >> thank goodness we're on to our last pair. shake shack -- shake shack is david or mcdonald's the goliath. guy? >> shake shack is david and goliath is mcdonald's. slingshot. i take the slingshot full disclosure i worked at shake shack and it was a $30 stock. look at it now people say valuation is ridiculous it is ridiculous. >> that's how we got here, valuation. still ahead, this stock is soaring and traders are betting the run is just getting started. we're live from new york city's times times square much more "fast money" right after this i'm a small business, but i have... big dreams... and big plans. so how do i make the efforts of 8 employees... feel like 50? how can i share new plans virtually?

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that's a good strategy for the home gamers. >> for more options action, eck0 p.m. eastern time. up next, final trade see that's funny, i thought you traded options. i'm not really a trt guy. what's the hesitation? 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. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade

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that's confident. but it's not kayak confident. kayak searches hundreds of travel and airline sites to find the best flight for me. so i'm more than confident. how's your family? kayak. search one and done. final trade time guy? >> watch "the price is right" guy is telling you buy ge. >> melissa >> i'd say citibank. good bottom.

that's what i'd say? >> karen >> no, she wouldn't, you can't see it no, karen wouldn't but bk would tell you to by xop. >> tim >> i don't have enough time. >> thanks for watching we'll be 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. every night i come out here for two reasons. the first is i like the attention. and second and more importan