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tv   Mad Money  CNBC  August 23, 2018 6:00pm-7:00pm EDT

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i feel way late on this canopy growth -- >> i'm probably going to buy it. cgc. >> that does it for fast thanks so much for watching and see you back here at 5:00. "mad 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 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 make you some money. my job isn't just to entertain but to educate and teach you call me at 1-800-743-cnbc. or tweet me @jimcramer >> i'm with stupid i'd love to wear one of those t-shirts on this show with
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stupid being the market, because it's like wall street gets a temporary lobotomy four time as year the four earnings season, doesn't matter if it's an up day or down day like today with dow slipping 77 points north dakota declining .13%. the market just keeps making stupid collective decisions almost as moronic as collective farming. even though it infuriates me i spend all day seething and yelling at my screen, the market's idiocy, let's just say, it's your opportunity! let me give you prime examples how this works and then i'll give you one actionable right now! if you stay tuned. that's called a tease. a week ago, one of my favorite companies, home despot because it's the ruler it went up three points on early
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morning trading. on the street i said such a move would have to be sustainable and it had to pull back to do buying, i didn't want people to chase. i didn't want people to talk about how low housing turnover on a conference call, people would say, don't worry about it and people would get worried sure enough, let's say it gave you an opening, a brutal opening that day see that you know, the call began, management turned defensive pretty much, i'd say two-thirds of the way through it with the questioning and so many analysts focused how hard it would be for home depot to make money now that we're in a housing bear market where not enough new homes are being built and not enough old homes are being sold. listen, it's true. you see, it shouldn't matter it didn't matter home depot earned $3.05 per share, the street was looking for $2.85 it was almost double versus last
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quarter when the street was expecting much less than that. didn't matter the purchase was over $20,000, 20% of sales, and contractors are hard at work refurbishing homes these people only cared about housing and the forecast market. the gains were erased and the stock quickly declined by two bucks. actually went down that's insane! that would have been a great time to buy because sanity returned a week later. toll brothers made it sure home depot was up and kicking the home depot is up nine bucks. housing bear market, maybe yesterday. yesterday, it was lowe's turn, their competitor the reported terrific numbers but not terrific enough and the stock fell three points in early
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morning trading. it wasn't really accounted for in the release new ceo marvin ellison made a resounding conference call, at one point up 10 points before closing up 5 today, it tacked on another buck and a half we saw the same thing a few weeks ago when the bedraggled 3m reported a quarter that showed a nice acceleration from the not so hot numbers they gave us last time we had unloaded shares from 3m from my travel trust fearing the disappointing result when it came out we were kicking and screaming because it finally looked like the stock could stable in advance, sure enough 3m went up a couple points in 3 market savings and i railed at myself for selling it before the quarter was announced. as the conference call went on, 3m made a u-turn and it started cratering. i was aghast eight straight points evaporating in minutes i was shocked and screaming and
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going buy buy buy buy buy to anyone who would listen, which, of course, was no one. i was talking to myself. like a great swimmer. >> mike: call phelps, touching 190 in reverse, grabbing 200 as fast as it went down mind you this was on the identical set of facts, nothing new, not upgrade, people getting it wrong. upon further review, decided to circle back. last week, gotten an obvious one i talked about endlessly, nonetheless excruciating invidia, makes the chips for graphics and data center and artificial intelligence i was telling everyone you had to expect a steep drop-off from chips used to mine cryptolike invidia. you couldn't tell what it was using the chips for and it had a steep decline. it doesn't take a genius to tell the intheria market practically
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vanished and there might be a pause in the market as new more powerful chips are introduced. despite this not just known and talked about obvious, the stock gotten a ni lated and ended up down 12 points and dead as a doornail since then the stock, what's it done it's rebounded 22 points, as in nvidia showed off its new chips much faster, much cooler go back to the tape. that's precisely what the ceo jensen told us to expect as he came on the show hit an all time high today before reversing into the bell you had to buy the shares of this amazing company envied by nearly everyone in silicon valley right into the teeth of the decline and buy them when andrew left and popped up in a bunch of media outlets what i
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can only tell is an ill informed short case he later said last night he covered most of the short positions. hmm. you heard me give you this complete list when you should have bought and how you would have done, i'm giving you the one you can take action tomorrow get this down. i want you to write it down. talking about children's place p-l-a-c-e. this stock was down today after a beautiful quarter, double digit same for store sales, to take on its competitors. we interviewed the ceo earlier this year in florida where she traced out a solid plan where she can take on all comers and exactly what she's doing with a bold play. it didn't matter this time they're focused why it isn't making more money per share and didn't matter it had to do with omni business totally inexplicable and how she's
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shifting from chinese manufacturing to the point the $500 billion tariff figure won't do much damage to the bottom line rather than focusing on her marvelous 13% same-store sales growth i thought was a typo! or her plan to decimate the competition and take permanent market share in a conspirator that doesn't have a great birthrate frankly, all the analysts could focus on was the potential for weak gross margins, like the home depot conference call all over again there's the rub, people. home depot stock rallied hard in premarket trading and did that swan dive that turned into a belly flop the shares of children's place down a buck 75 at the opening, like home depot, did the exact same pattern that's what i'm telling you, get ready. a week later we can't see the decline in home depot. i think the same exact thing
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could happen to the stock of jane elfers hildren's place. diana in california. >> caller: hi, jim my stock is horizon pharmaceutical it has gone up a lot in the last couple months. they beat on the earnings per share by 17 cents and beat on revenue. it was recommended many moons ago by usa speck i'm finally close to even. do i hold or do i sell >> sell sell sell. >> take your profit. we've got some really incredibly high quality drug companies for sale i'd rather have you roll into one of those linda in illinois. >> caller: hi, jim, this is linda from chicago >> how are you >> caller: good! since the fda has recently approved tandem, symbol tndem
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insulin pumps for diabetics it has been spiking up for six months the competitor is a company that has insulin on the market, however, tandem has extra features and a slimline. they have already paid off their debt ahead of schedule if you look at the fundamentals, do you feel that this stock can keep growing at the same rate? >> i talk about this stock a lot at the office and talk about dexcome another one i really like i felt very badly i have not features camden diabetes because i have been talking about the epidemic for some time do you have a good one brad in new hampshire. >> caller: how's it going, jim >> i think it's going real well. how about for you? >> caller: i'm great i'm a marketing specialist and took notice of planet fitness. a few local owners i talked to about the business model and
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started buying stock as a result of those conversations my question, is a dividend expected like for 2016 what's your opinion of the stock. >> we had the company on after sitting down with the ceo i felt darned good about the business plan. you have pizza night it is not just a place where if you're not in great shape you feel like a dope i think it has a good business plan and room for a lot more, i like it! >> sometimes, stupid makes stupid decisions, stupid stupid stupid if you have the patience for stupid you can and will make some money william just made impressive earnings i'll talk to him are we living in some kind of alternate reality? i'm not talking about washington recent moves on amd and intel.
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i've got telurion founder sharif suukyi to see what's ahead boy, has he ever made us a lot of money may i suggest you stick with cramer >> don't miss a second of "mad money. follow cramer at "mad money" @cnbc.com or give us a call at 1-800-743-cnbc miss something head to "mad money"@.cnbc.com. ♪
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in the business of stock picking, you're always searching for a to tem, something that can help clarify your thinking about a particular industry. in retail, that to tem is williamson nomar last night, the furniture and homegoods purvey or reported pretty much the perfect quarter in a moment filled with excellent reports, so many of them it's easy to say which retailers didn't blow away the expectations just penny and l. brands
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seems like they're in a time warp they had a strapped consumer, rising raw costs, and amazon and now the president's obsession with slapping tariffs. it was supposed to be too much under these precious i look at the bets among retailers they become crowded meaning these stocks have a way too many people betting against them for all the reasons i just mentioned. few retailers more heavily bet against than william sonoma with 24% sold short it sells furniture and strike two, it can't compete with amazon and strike three, the sales and strike four it has a heavy mall presence where the mall isn't exactly thriving either unless you're talking about strip malls, definitely not william sonoma the president is about to put on
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a 25% tariff on inports of that furniture. theoretically that was supposed to be way too much for sonoma and its magic team led by laura sierra to handle, right? wrong! the company delivered stellar numbers with accelerating growth, fantastic comps amongst its many brands at least on a two year stack basis that's how the stock could rally a glorious 16% today or $10.53 53% of their business is online by far its most lucrative channel, because it's so well honed and not hampered by brick and mortar costs the internet makes it's easier and cheaper to do business and we heard about raising prices causing it to lose sales. they seem mystified how management could avoid this painful topic.
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management said they adjusted and came wake up supply efficiencies that completely offset it and it did not hurt william sonoma 15% would get hit by a billion dollars in tariffs the president proposed sounds bad william sonoma is on the call moving production out of china the loser from these tariffs won't be the american consumer, it will be the chinese factories. finally, fertilization my wife had a tip for the west elm manager when she took a trip way from our home to see what it looked like. that was a big loss for them today. now, she wouldn't have to take it home, she could just visualize it using the software. brick and mortar, here's how it was explained to us. >> when you go into a store it's
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wonderful and it helps you make the purchase we see our best customers focused online and on big stores we know that's how you shop. >> why have an unprofitable store in this day and age and they added a robust loyalty plan across it and that more than likely brings repeat customers why it's the perfect thing that's working at this very moment in retail right now much more "mad money" ahead including my take on two tech titans, what intel can tell us about the overall tech sector and sharif suukyi is considered someone to ask about what he has to say about the sector. and with l brands dropping, like victoria's secret, i'm talking to the company challenging the
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bra behemoth stick with cramer. you always pay your insurance on time.
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lately i've heard a lot of feel say we must be living in some bizarre parallel universe usually, they're talking about politics if you ask me, the best evidence we've entered a weird alternate reality or maybe even the matrix is the simple fact we live in a world where&has now become a better investment than intel if you asked me whether that was possible three, five, 10, even 30 years ago i would have accused you of blasphemy in the old days this company was such a loser they didn't know what kept them going out of the way to stay afloat and the fact
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they weren't a monopoly. intel was the bluest of the blue chip semiconductor names the idea&might be a better buy, let's say that was laughable &was always second to intel in the graphics processor market. you had to be crazy to prefer& boy, oh boy, has that changed. so far it has more than doubled. intel is up less than 2% so far,&has been more exciting than intel three years ago it was selling for a buck and change, now over 22 bucks, giving you a 1,000 plus gain. 15 times the return from intel over the same period who says you can't own individual stocks. it's even more pronounced over the past few months as&stock keeps exploding higher it's worth six points, 6.5% to a
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new high intel started getting slammed earlier this summer. how the heck did this happen how the heck did&managed to supplant the all powerful intel. let's start with the rise of&. this has been many years in the making in october of 2014, after struggling for years, the company's old ceo stepped down and directly lisa suh, the previous chief operating officer took over and the old company had been in deniable they had been reporting blowout quarters so bad the stock would lose 15% in a single session that's when su took over a week later they announced a plan to cut costs and she set about fixing everything else it can take years to design
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cutting new edge products in the semiconductor business it takes time. this one has started to pay off. hire's how she did it. first, su changed the company's whole strategy amd was an also run company by choice and cut price given it was losing market price for years and given it was a losing business model she wanted to compete with intel by designing better chips and releasing new reiterations more frequently she did that job one fixing the balance sheet and she broke into the data center, on gaming chips, what a business, three red hot growth markets needless to say, it worked last year,&roll amd rolled out
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new family of processors and they are arguably better than intels i didn't believe it. i read the specs i got schooled, taking share in desktops and -- last week they launched a new version they claimed was the world's most powerful desktop processor her timing was brilliant and launched it after they launched a major comeback after being in the doldrums they launched a new brand of processors and did surprisingly against nvidia it's one of the raps just for gaming, uh-huh used for machine learning, too speaking of data center, they've gone from having no real presence at all to taking this market by storm. amd servers are used by many
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providers. amd sales were shrinking and last year, they grew at a 25% clip and last quarter, 53% cliff. that's an acceleration can you believe these percentages i'm giving you the company swung to a profit last year and posting impressive earnings growth. in other words, dr. lisa su is a miracle worker, no, she's "the" miracle worker what happened to intel a few years ago they owned the pc market they decided to start diversifying away from the personal computer and they acquired altera for the former and mobile eye this is not bad. it is growing at a 37% clip. because intel took their eye off the ball in the pc business it became clear amd leapfrogged them
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they began to put pressure on intel's gross margins. meanwhile, intel's latest next generation processors not good those chips were supposed to come out in 2016 but got pushed back to 2019 because the company had trouble producing them efficiently. let's not forget the security issue. we learned out their processors had a flaw leaving them vulnerable to hacking and some people feltlike it slowed down the power of the chips what i regret here, the unfortunate business with the former ceo, brian, who turns out had a relationship with a co-worker, violated company policy, he stepped down. here's the problem krzanich was a great ceo and was executing that plan and with him gone there is what i call leadership vacuum, no offense to
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interim bob swann. we need to see a permanent ceo before things can stabilize and they need to find a person who can do the job better than brian, who i think was terrific. intel has something going for it if amb doesn't intel sells for a piddly amount, crazy, frankly amd sells for 35 times last year's numbers valuation gets more reasonable, you look at the out-years, only trading 25 times the earnings. not bad for a growth spot. amd is expensive for a reason. it is growing information like a wildfire a value stock. i know some people who pay 60 times earnings for that growth 30 times earnings is relationally -- i would say pretty much in the mix, combined of a bargain intel has a 10% long term growth rate the fact it's selling 11 times earnings i find absurd
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bottom line, thanks to the remarkable turnaround first started with the balance sheet and then engineering and great sales mastermind by dr. lisa su. amd has turned itself into a fabulous business. su is hungry and never stops working. intel you can never count out a company with a storied history and great balance sheet. without a great ceo i fear they will stay second fiddle to an underdog team it routinely crushed for decades on end to jude in kentucky. >> caller: hello, jim, a big booyah to you and thanks for helping me retire early. >> there you go. we did good. pip need to help myself retire early eventually, like when i'm 90, two years younger than pop >> caller: the micron went down
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and i should i buy more at this level or sell while i still have my shot. >> it sells at four times next years earnings that tells me people think they can't make the numbers, the numbers have to come down because of the flash, not because of d ram i would not sell here, dwight, i would buy more when it ticks back down to 48 level, get a better basis it is a great company. we're going to michael in new york michael. >> caller: booyah, jim, how are you? >> good, how about you >> caller: very good my portfolio has become an mna mess >> what's the atter? >> caller: thanks to you, white wave was a hit i have stocks in disney, involved in that, the reverse split killed me. but now i'm talking about oclaro and momentum basically valued at 54, a 35%
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share in the combined symptom of momentum is it worth holding out? >> no. we willca thing chat one since you follow me closely you know what i say for the club, buy some alphabet. did a great webinar yesterday with my friend, mark, we both agree alphabet is the cheapest of the big guns. i'd rather have you on that. i'm leaving kudos to amg's lisa su she came on street when the stock was where it was now, it is time. natural gas space is punished as people are worried about tensions with china? are the worries warranted? i'm sitting down with the only man i trust. remember him now, he's got a new one. find out how a private player could benefit from victoria's secret owned by l brand stumbles
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you don't get to witness the birth of a brand new industry everyday in the last few years we've seen
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something extraordinary, the creation of a totally new kind of business that has nothing to do with silicon valley, talking about the liquified gas export space. two years ago they started liquified gas and this year opening a new facility from tell uran, a company founded by sharif suukyi, the guy who pretty much invented this business he was running shanir when it all got started. he may be the father of the greatest export boom in our nation's history i'm not kidding. these products take years to build but the demand is off the charts the united states is overflowing with cheap natural gas and the rest of the world is desperate to get its hands on it sharif is investing in terminals for natural pipelines and even production people are worried about whether the chinese will refuse to take the natural gas.
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i don't care i will speak to sharif suukyi, and he will tell us the real story. come on in. >> good to see you again >> you're cofounder, chairman of te tellurian. you're not the ceo but that doesn't matter if the chinese say no to lnyg, what does it mean? does it mean you cannot build and does it mean this industry is over? >> you cannot say no it's a commodity, they don't come with a print that says made in america it will go wherever the price is if they impose tariffs on american gas all it means is they will receive different gas and it will just be substituted. it's not a big deal. >> i've read a half-dozen articles that told me your industry is dead
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we have the cheapest gas in the world in a variety of different ways the trick is keep it affordable and effectively priced >> you're buying a lot of acreage because you think natural gas has come down a great deal, you have told me you have more natural gas than you use and you are offering huge stakes to companies, big money they have to put in. any takers >> plenty. >> really? >> it's simple if you propose a great capital basis people will take it. >> explain this is not a billion dollar project. >> remember, it raised $30 billion. we sad in the process we were almost bankrupt. >> you ended up making a fortune for everybody. >> this time, at least we don't have debt looming the next two or three years
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the project you have is gigantic, the number of trains, as we call them. you are doing something far more ambitious than you did before? >> no, it's the same >> really? phase one is gigantic. sharif, phase one is huge. >> 16 million tons >> how much is that. >> what we did was 15 million tons put it in perspective. not so hard. we've done it before >> when you talk about -- you're saying tellurion plans to acquire 5 trillion cubic feet of natural gas for phase one, you're acquiring it, not leasing it what are you doing, buying up, as we speak, are you buying up properties all over the southeast? >> not yet we've looked at everything thereis no huge rush for us. at the moment, if you had your choice, the plants are more important than owning the reserves you can go to the basin and pick
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up gas you know an incredible number right now? >> no. >> we are flaring 300 million a day in the basin >> that's enough to power how much of europe >> it's pretty significant piece. it puts us at risk of becoming one of the world's largest flarers of natural gas on a global basis >> we need your plant. why are we not going to the germans and saying, stop it with gas. we have the natural gas. you stop those contracts in 2023 we've got it and you can use our natural gas. does the president not understand that? >> he understands it very well two of his cabinet members, including your buddy, larry kudlow, him and steve mnuchin have both said they're prepared to sell natural gas to europe. >> did they speak to you
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>> no. this is america. i'm a businessman, not a politician i will sell my gas to the people who pay me the most for it >> when you started this, there was no market for this now, there's an actual spot market you can sell into >> yes when we started chenure it was point to point and we allowed the spot market to move significantly. natural gas is becoming like natural commodity, traded on national security gas prices on a global basis >> one last question many of them people i spoke to said there are too many projects on the drawing board and it will come to inaugurate >> every project is not the same we've been very deliberate about developing our project very carefully and making sure we understand our costs and understand our opportunities we are on schedule we will be finished with our program by the end of the year
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you have to make sure your costs are right, work with people you trust, like bechtel and g.e. and put all the pieces in place and hire the right people to do it we now have 165 people working at tellurian, a startup and most people come from chenure or another company and used to work with me with a lot of experience >> this man is probably the greatest hits we ever had other than salesforce or regen ron this man, charif souki, tellurion is publicly traded with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done!
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it is time the "lightning round" is over, are you ready skee-daddy i'm starting with michael in nevada, michael! >> big eagles fly booyah
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>> go birds. >> caller: go ahead. i saw your webinar with mark chalkin yesterday and i was very impressed with all your stock picks. >> which stock >> caller: my question concerns a stock y'all were high on but a little cooling off now i took a position in cnc and not sure if i should add more. >> i should tell you that webinar is available online if you go to the street both he and i felt it was a great stock and may have run too much too fast. i would hold on and then pull back otherwise, no. >> caller: booyah. figure symbol dske >> transportation. i think xpo is a much better
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buy. larry in new york. >> caller: hi, jim thanks for taking my call. the stock i want to ask you ability is briggs and stratton >> si that quarter they put together good numbers, the first of many. let's go to jim in california. jim! >> caller: hello there this is jim. >> okay. go ahead, you're up. >> caller: i've had oracle for over a decade and it was one of the greats >> oracle. oracle is an inexpensive stock i am in search of a catalyst salesforce reports next week, i think it will be a good quarter. to jerry in pennsylvania hey, jerry >> caller: hey, jim, how you doing? >> good, how about you, partner. >> caller: good from the steel city asking about cleveland-cliffs. >> i don't know how many
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iterations it has had. a nice run cha-ching cha-ching. charlie in pennsylvania. >> caller: i've been watching you over 12 years now, your financial acumen i have become a quasi master of the universe, i am eternaally grateful >> i hope i live up to that. >> caller: god bless you looking at a stock with rising earnings and recently raised dividends, i think it should do well with rates in the near future the stock i'm looking at this is regional bank community bank systems. what do you think, jim >> community bank system is not that expensive, but it is an unusual situation it is up a great deal this year i would defer and suggest you wait for that to come down it's had too big a run we will take another one, steve in new york. steve! >> caller: hey, jim, how you doing? my question is, ero
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international. >> i have not done the work, i can't opine on it. i've got to do more work it's a company from india, i have more work to do rather than cuff it. to john in new york. john oh, joanie, joanie go ahead it it's joni in rochester new york, searching for a value stock i came across this. >> i don't want to be in the automotive financial services, rather see you in mastercard that, ladies and gentlemen, is the conclusion of the "lightning round" >> the "lightning round" sponsored by td ameritrade dogsd jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids,
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last night, l brands slashed its guidance with victoria's secret it got thrown in the chipper any other retail with competent management has been making a killing here why does victoria's secret keep struggling have bras gone out of style? seems unlikely we need go off the tape and check in with privately held academy using technology to disrupt their competitors. when it comes to women's
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underwear, that's thirdlove. you may not know this for many women finding a comfortable bra that actually fits can be a nightmare. it lets women take pictures at home and let a machine figure out the best size. they're the first company to use half sizes, a huge deal as third% of all women need them. that's why thirdlove is growing like crazy and already profitable let's take a closer look at heidi zach, the cofounder of thirdlove. most of our audience skews towards men. half size, what's the big deal most of my staff skews women, they say, jim, nobody else has half sizes how can that be? how did you think of it? >> we use data we saw a lot of women were falling in between traditional cup sizes. you think about it, shoes have half sizes and why shouldn't bras that's how it came about
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it's hard for a brick and mortar retailer to carry half sizes because it can be skews for them >> how can you carry so many >> we have over 30 sizes and victoria's secret, it's more than double. >> the founder of victoria's secret gave an interview to the "times." he was asked by the journalist about the predictive power of algorithms and pooh-poohed the relevance and said it was dismissive and didn't matter what do you think? >> i disagree. we built our decision with data and data drives all our decisions. from product development, inventory management and personalization we use data for customers. >> could that be because of the couple of years you spent at google or mit? >> that, too >> where are we in terms of what
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people are willing to spend because we have just gone through a period where we found that apparel spend is the single hottest area of all areas in america. you've seen the same thing >> absolutely. i think there's a real focus on quality and consumers demanding quality. we're not the cheapest you will find but high quality and will last what women really want how about the way -- conscious, i don't want to be sexist, women who shop, it seems like it's a tougher thing to shop and try on a bra than say go get a handbag or go get shoes, size doesn't change that cuts in your favor, doesn't it >> absolutely. there's no women who say, you know what i want to do on a saturday afternoon, i want to go bra shopping no woman wants to do that. when i started the company it was about convenience and amazing online experience,
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that's what we focused on. >> are there not some people who -- you use the selfie method it seems to me mentally invasive, isn't it >> we have a fit finder the app was early days we ask the questions in 10-12 seconds and using the data we will recommend the cup with the data with every woman who uses the fit fire and it gets smarter and smarter and we had over 10 million women use it >> is there wait list to get your product >> we had close to a million and a half women on a wait list for all these new sizes. get asked the questions, how did i figure out what sizes to launch in bras i looked at the data and launched those and sold out in under 30 days. >> leslie often says men don't ever go to victoria's secret to
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pick up bras except for right before valentine's day and right before christmas are you having any men customers for women? >> we do a small percentage of our sales as well. a lot of times men will hear about our company and say i hear my wife, sister complain about bras and buy them a gift card and tell them to check us out. >> last question, where do you source >> asia. >> china >> yes >> how quickly can you ship out of china >> we're working on it >> there would be a tariff how much percentage is china >> about half right now. >> how quickly can you get out of there >> we're working on it >> if you're not a public company i won't press you on that heidi zach, the thirdlove cofounder. look what she's done you have victoria's secret going right down
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right here on "mad money." see you tomorrow >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ who feels she has a way to find love easier and faster. ♪ my name is val brennan, and i'm cofounder of three day rule. we're requesting $200,000 in exchange for 10% equity in our company. now, we are changing the way that singles in big cities meet.

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