tv Mad Money CNBC September 14, 2018 6:00pm-7:00pm EDT
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>> fedex. >> fedex fedex long. >> didn't mean to stump you there. >> call spreads. >> xlf. >> good stuff guys thanks for watching have a great weekend does it for us on options action back nex don't go anywhere. "mad money" with jim cramer is next 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 make you some money. my job isn't just to entertain but to teach you call me at 1-800-743-cnbc. or tweet me @jimcramer here we go begin, as soon as we get optimism about the low level trade talks with china the president comes out and lowers the boom telling his mignons to proceed with tariffs on 200 billion worth of chinese
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products so the market goes up initially and then we pirouette right back down and spend the rest of the day meandering back to even. s&p advanced 0.03 present. kind listen, listen, good, you need to realize the president doesn't want china to talk he wants china tcave we need to stop getting all you -- buy, buy, buy. >> every time one of his advisers says something encouraging never believe we'll make a deal with the chinese unless you're hearing it from an outspoken protectionist like peter navarro. still, even though tariffs and trade remain in the driver's soot something different about today's action the industrials held in just fine many did quite well like united technologies, what is going on
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there? is a split-up coming normally they get punished but the border market gave up most of its gains so, please, let's learn from today if not from the other ten days this is happening. don't be taken in the next time treasury secretary mnuchin maybes it sound like we're making progress with china he is not in charge. withthat in mind let's look at the game plan. first on monday, we hear from fedex and from oracle. we pulled up with the ceo of u.p.s. on "squawk on the street." he talked about the opportunities and challenges in an increasingly e-commerce dominated world. i don't envy u.p.s no matter how fast you are and how much you spend on workers it's nearly impossible to get the holidays right you never know when you're going to get some sort of surge in demand you're not thinking about. he says we could get a big move out of nowhere like a new apple launch. it's fickle.
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it's expensive not looking forward to the numbers from fedex it stock fell over a deadful couple of weeks and it works back to 255 which heightens the risk having too much business is not a high quality problem in the shipping industry. it's just a plain old problem. just like fedex, oracle disappointed last time because the company didn't disclose how fast its cloud business is growing so investors figured, well, maybe it was losing shares to salesforce and sap. unlike fedex, oracle did bounce back hard to believe they'll disappoint this time the problem is the upside. how much is it going to go up? not clear. want upside. autozone reports on tuesday. the auto parts retailers have been down in the dumps until last quarter when we started to get good numbers, i don't want to talk about trying to profit from the horrible hurricane you can't put a price on human
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life but anything that causes cars to get damaged tends to result in a lot more business for autozone and business is already good i keep hearing they have so much demand their inventory is in short supply autozone's buyback shrunk their count from 64 million shares a decade ago to 27 million shares right now. shortage autozone stock. we get to hear from general mills. this stock has been rallying with the rest of the food group but needs a new catalyst before it can have much more upside i'm concerned about commodity cost and the crowded market for high-end pet food after they paid a fortune for blue buffalo. what disturbed me was the $1 billion equity offering 44 bucks to help pay for the deal after jr. mills bought back hundreds of millions of stocks i think you can do better. you know, we love the cloud kings here last tight asdoebby reported a
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good quarter and they took off gaining 6 bucks today. glad i got to talk about it on "mad dash. give me a break. it's a cloud king. i bring that up because we hear from red hat on wednesday and the last time red hat reported it got obliterated stock fell from $169 down $132 in the wake of what many investors considered to be disappointing billings red hat, though, is a cloud gang and these trends are so strong that i bet ceo jim whitehurst will deliver some stronger numbers. it's a decent spec going into the quarter. stocks that work when small business optimism off the charts, i miss one, herman miller the maker of furniture, especially office furniture. now, we know our age, that's home furniture doing well, thank you, gary friedman for giving you are viewers a tip you were buying your stock. i think herman miller is going to be good too last time they really crushed it i think they'll do it again.
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thursday is full of controversy. we start with darden, the parent of olive garden. i don't have many disagreements with my wife lisa but she does invision inindividual what and amd are called everest and she doesn't like olive garden to the point where she insists our olive garden in tuscany be called an olive grove. she news never had the endless pasta and fresh leafy salad and never has gone to an og with cargo pants to abscond with half a dozen great rolls. her loss a couple of quarters ago darden reported a quarter that was widely panned and the stock sunk from 95 to 84. i pounded table right here right now telling you buy and it's now 190. well, the odds favor a better quarter like last time i don't want to be greedy. if you don't own any of it you have my blessing to buy a little you sure aren't early to dinner here okay, glampers, we get results from four industries too and
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this dominant maker of rec makers has seen its stock go ice cold after a tremendous run. you can bet they'll have a good quarter but i sweat the small stuff. namely costs of steel and aluminum because of tariffs and don't like the stock of camping world is still down in the dumps. too hard to call after the close we hear from micron after david tepper said he's very, very long this commodi commodity semiconductor maker. if they don't guide down, though, then tepper will look like a genius. if micron cuts its forecast, i still think the stock goes lower. there is though a huge short position finally friday we get manufacturing purchaser managers index. i think the number will be strong that could push the yield on the ten-year treasury above 3%
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a key benchmark which we hit earlier today. that in turn would send the bank stocks flying. the cheapest these day something goldman sachs. they just announced an important reshuffling that could bode well for more rational cost structure and a more investment bank heavy ord table. given how gloomy the trading business has become, so here's the bottom line, we've got controversy galore flex week with lots of risks if you buy any of the stocks i said i like you need to leave room to buy more afterwards just in case they keep going down let's go to alex in new york alex >> caller: jimmy, a bit disappointed 0-1 to start the fantasy football season, boo-yah, baby. >> how can i help? >> caller: ltm, the largest carrier in all of south america has been floating at or near 52-week lows for a few weeks now. is this a buying opportunity
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>> you and i play fantasy football that's a fantasy stock you know what, i would not put real money on that thing i think it's too darned hard all right. now we'll go to josh in carson -- josh, in north dakota, josh >> caller: jim, to you and north dakota state's own carsonen wentz, hey >> what's up >> caller: i'm an outdoors enthusiast and bought american outdoor brands back in the smith & wesson days at 22. you know it said that a pro-gun administration it's good to have stocks but now it's time to buy, buy, buy with the 40% jump after earnings came out in august and the 13% -- >> right. >> caller: is it time to double down >> no, that was the move i think that was the move. i think they actually gave you a chance to lighten up on the situation which i do not have a
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lot of conviction in i just think it's just not been a good situation to be in and to see it jump up like that is good, it's good so you can -- all right, risk and controversy abound next week i say autozone is the best player to keep our eye on. on "mad money" tonight could boot barn still have you doing the boot scooting boogie that's hor that's hard to say i'm sitting down with the ceo to find out football is back you know what that mean, time for some wings eyeing wing stocks to see if it keeps flying higher one. the best success stories up 72% and you may never even have heard of it so i'll reveal the name if you stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet cramer, #madtweets send jim an email to madmoney@cnbc.com.
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these boots are made to bring the style of the west to your wardrobe. but can the spirit of the frontier rustle up returns in your portfolio one of the hottest retail stocks is a chain that many of you might not be familiar w boot barn, symbol boot devoted to western and work-related footwear, apparel and accessories. it's the place where you buy your cowboy boots when you're ready to be the man from liberty valance. boot barn's stock has rallied more than 250% over the past 12 months 79% gain year to date. monster move these boots were not made for walking but running. when the company reported a month ago they were ready to shoot the lights out it earned 15 cents a share excluding a tax benefit and wall street was only looking for 12
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higher than expected revenues, up 11.6% they got 233 stores across 31 states and they plan on adding 23 more locations in the current 2019 fiscal year no wonder the stock has been roaring. yes, it's a terrific growth story. don't take it from me. let's check in with -- such an exciting story, jim conroy, president and ceo of boot barn to get a better sense of the company. welcome to "mad money. have a seat. >> thank you. >> i'll quote because you know i'm excited. i'll quote something from my friend matthew boss, jpmorgan. firing on all cylinder, ecom growing 20%, margin math compelling you are expanding gross margins at the same time as blowing out the numbers. there are very few companies doing that how are you capable of doing that >> boot barn has an incredible proposition. 85% of sales are -- we're
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pulling back on promotions everyone else is promoting and you're pulling back. a fortunate place to be. a huge industry. it's a $20 billion market. it's been hidden in plain sight for decades and we now have the opportunity to just continue expand across the country. >> one thing you do in your handout is amazing you have -- motion people have their numbers, you have a picture of an f150 you havea picture of nascar. you got thousands of rodeos and country music popularity that's you >> that's boot barn, yes, i grew up in new york so -- >> huh >> that's right. i grew up on -- >> the west side of new york. >> very good but when you get out and fly from here to l.a. and you look out the window for 5 1/2 hours of that six-hour flight you're looking down at customer who is drive a pickup truck the most popular vehicle in the u.s. and listen to country music. they wear boots, hats, workwear and blue jeans this isn't a costume at all for them this is what they wear. >> it's important to point out because you affiliated with the
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great music star woman, women love this. >> that's right. well, it's a store for the whole family we sell men's and ladies, work and western and have had really nice growth in all parts of the business recently so it's been great to see that. >> i've been thinking honestly i think that you've got one of those huge road maps where i think that there's a lot more states you could be in and a lot more places. >> that's right. >> do you think you could continue that grete. >> absolutely, absolutely. we said we grow 10% new units a year and kind of on pace to do that this year we said we'd grow 23 stores but we only have 233 stores and we think we can double the store count just in the u.s. >> now, let's talk about that. i think this works in paris. i think it -- no, come on. you know that. that's what they love. everyone who loves a jon fortt movie talking about great countries in europe would love it china would love it. >> i think americana feeling in china someday could work right now internationally our biggest country is always
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august but from a store growth perspective we'll get there someday for the foreseeable future we'll look at ohio, pennsylvania and the contiguous states. >> there's a lot of people candidly believe it's country and it's not a part of the rest -- now let me ask you, i've got to ask about the 30% i know it's not as important as the beautiful dresswear but we are big believers in workwear. we've been recommending cintas over and over again. >> work has been perennialially strong for us in the most recent quarter. we had tremendous growth in work boots and in work apparel. and i think that partly unemployment is so low and -- partly the growth in the texas market given that oil has recovered so we're seeing a lot of flame resistant product and product guys need to wear to work on an oil rig. >> right we've been on oil rigs we totally identify with that.
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now, you are kind of non -- you're -- >> amazon is a competitor but a store purchase first and foremost our customers have the capability to buy from also on online or amazon on line and our store's business is much bigger and much more vibrant than the online business and for us, i think when people want to buy a $300 western boot they want to make sure it fits. so they come to the store and want that expertise and want the authority of a lifestyle brand and if they do go online we for our product many of our vendors sell more product to us than they do to amazon so bigger than amazon in many cases. >> you also come up on searching google and you dominate searching google which must be a great way to get customers >> that's one opportunity to go get net new customers and while excited to be in 31 states we have plenty of places where we don't have a store >> all right
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i would be doing you a disservice if i did not let you talk about some of the merchandise. >> sure, i love all boots equally and when i look at it there's for -- >> they're your children. >> for a show like this you want to bring exciting and, of course, the sizzle but what actually pays the bills are brown distressed leather boots and work boots that, you know, guys work in these in either one of these and they wear through them and need to come back and get another pair so i think oftentimes particularly in new york, people think, this is a cycle that comes and goes. but that's not our core customer our core customer is wearing a brown distressed leather boot and a pair of jeans and when they wear through them they come back. >> and some is private label where i think the margins must be terrific. >> that's right. the private brand opportunity for us is great. we have five brands, two of them are in the top five in the company. two of our biggest five brands are private brands and just on wednesday of this week we launched a new brand with
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miranda lambert. >> everybody and my team loves also don't want be to remiss, apparel, belts. >> sure, belts is a big business for us and for our stores we denim is one of the biggest categories outside of boots, of course, and when somebody buys a pair of jeans we want our associates to then get them a belt in their hand and as such we brought you a belt that i think is in keeping with the mantra of your show. there's always a bull market somewhere and -- >> jim, you are too kind i'm wearing this tonight we're going out in summit, new jersey, and i put these on, put this on, completely in costume maybe we can show this -- this is the type of thing it's genuine tv when you do these things you got a great store and it's going to be a great store for many, many years congratulations. jim conroy, president and ceo of boot barn, symbol boot "mad money" back after the break.
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if there's one thing the stock market loves it's dramatic irony. look at wing chains. for well over a year this stock roared higher as wing stop wouldn't stop. you know, business is up 140% since the end of 2016 including a monster 82% gain year to date. just as football season kicks off last week with the fabulous eagles notching up a win, a "w" is "w. downgraded from buy to hole and mostly a valuation call and goldman sachs does the same thing. suddenly it seems to have lost its mojo this pullback begs the question what do you do when you got a red hot stock that's entering
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what should be its best time of the year and it gets slammed by a couple of negative analysts who urged people to take profits. do you use the weakness to buy more or do you reassess? i need to say we spoke to the ceo charlie morrison in february of last year and i've been positive on it ever since. listen to that bullish interview and bought shares you have a more than doubled your money so what is the story here? well, wingstop wasn't too impressive when it became public they got their act together. by last year the numbers were looking downright fabulous making this one of the sexiest restaurant chains around it had already had steady same-store sales growth of 2.6% last year but the more important component is the regional not to national but regional to international expansion story. the company has franchises at a thousand locates in the u.s., another 100 in the rest of the world. they added 135 new ones last year that terrific new store growth is what's empowering their run
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even when it was more than 25% or 5 presents lower last year, there were doubters. in december deutsche bank initiated coverage with a hold they were worried about wingstop's valuation then a few weeks later it was downgraded from outperform to neutral citing similar fears and thought earnings estimates were overly optimistic and figured it was too darn expensive i get it things trading at roughly 60 times earnings and that is pricey only evaluating them, 60 times earning is too much. the company has a long-term growth rate in the mid-20s which means that even the most aggressive growth oriented money managers typically wouldn't pay more than 50 times earnings. this is ten turns higher than what they would pay. but if you were only looking at the price to earnings multiple you missed the point and more importantly, you missed an 80% rally. so what was the point? well, i don't know
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i'm proud we got the darn thing and helped because we interviewed the ceo. when i checked in with charlie last january at the gigantic icr conference in orlando, he laid out his plan for world domination, just listen to this. >> in six years i've been here we certainly more than doubled the size of the chain but started to build an emerging international business and cleared our 100th restaurant, 106 total but that's just scratching the surface >> when he says scratching the surface, he means wingstop can grow its 106 international stores into 1,000 stores and that's just staying within the markets where they already operate. throw in the potential for 2500 stores in the u.s., remember right now they have about 1,000 and you've got a fantastic story. but to understand you need to be willing to judge wingstop based on what we call the tam or the total addressable market that's the key metric here meaning all places where they can put up new restaurants and
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not price to earnings multiple that's not big enough. doesn't capture the greatness. sure enough in january they preannounced a quarter, 5.2% same-store sales growth and paid out a $3.17 per "the specialists" dividend. talk about shareholder friendly. now it sold off hard in february wall street didn't like management's cautious guidance but turned out to be a fabulous buying opportunity why? because management was being conservative that's their nature. when wingstop reported in may they knocked it out of the park and not only did they deliver top and bottom line beat but posted some stuing 9.5% same-store sales growth. when the analysts were looking for 5.4%, that's probably the biggest difference that i saw,ive enshall this quarter remember that wedbush analyst, he downgraded them in january? by june he was forced to upgrade the stock again. in fact, he went so far as to say the long-term domestic international growth opportunities remain under appreciated. hey, he would know and you know what, he deserves credit for changing his mind
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when it basic clear that he had been wrong certainly he picked a good time to upguede because when wingstop reported in early august they knocked it out of the park again. this time even though the same-store sales came this light mostly due to tough comparisons management felt confident enough to raise guidance. they told us they'd roll out new locations at a faster pace and expanding their footprint to 12% to 12.5% and told us long term they were planning to keep expanding the store count by more than 10% per year even better wingstop told us the current quarter was looking good so far best of all the company started talking about three new growth initiative, digital ordering, delivery and international growth all online orders account for 24% of their business and gradually rolling out delivery nationwide you know what this is starting to sound like to me? sounds like dominos pizza. remember it went from a $10 stock to $280 stock right now and the secret to the success was going digital and expanding
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overseas millennials hate ordering over the phone. they love using an app or website to get food delivered directly to the comfort of their homes or their parents' basement when wingstop says we see no reason why our digital sales cannot approach the levels that are being achieved at some national pizza chains, they're talking about being the domino's of chicken wings and already tested delivery in las vegas and chicago and austin and in each of those markets it gave their sales a high single digit boost and these additional sales were very profitable. as for the international side of the thing, what could be more popular than chicken they already have 600 international locations lined number 13 countries. that's huge. right now wingstop only has about 1,100 locations total. the stock rocketed higher after that last year but like i mentioned earlier it's pulled back over the past couple of weeks, thanks to the pair of downgrades, now goldman is warning people away and once
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again their fears, what are they about? tiresome, valuation and argue it's fully valued so it's time to ring the register my view, sure, wingstop looks expensive selling for 67 times next year's earnings estimate stipulating that but this is a total addressable market story if they can really hit their growth targets then when we look back at this moment a few years down the road i think the stock will look cheap in retrospect. wingtop is an incredible worldwide expansion story. owned it all the way up, i know, yes, okay, ring the register and bulls being plenty, bears being plenty, i'm betting the recent pullback will be a great buying opportunity. >> buy, buy, b bu, buy, buy >> you can use the weakness to buy more world domination, who am i to disagree victor in hide show. victor >> caller: boo-yah jim.
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this is tammy and vic from idaho. >> what is going on. >> caller: we enjoyed you highlighting avermet and picked it up last year when you highlighted and still smiling and grinning my question, jim, is keurig green mountain went private then they picked up our dr. pepper stock and merged -- i just could not figure out how to figure out what it might be worth when they merged >> well, remember they paid you that dividend. it was really hard what you needed to know, what's the key thing, bob gamgort he made us a huge amount of money in pinnacle foods. he'll do it again. it is a terrific one and thank you for doibringing attention t it congratulations to you and please cash in on your position on wingstop. if not this pullback, it could
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end up being a great buying opportunity so eat up. much more "mad money" including my exclusive with the top execs of broadrein how can a leadership change going forward then i'm eyeing the pot stocks to see if they can light up your portfolio and make you some money and rapid-fire "lightning round" so stay with cramer
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four months ago i introduced you to a company, fin tech with a smoking hot stock. broadridge financial solutions the huge payroll processing from bay in 2007 and in the last five years they've come into its own. technology helps banks make themselves more efficient and better at managing risk. since we checked in with broadridge the stock went from 112 to 137 most coming after they reported a blow-out quarter a little over a month ago and over the summer it was out of the s&p 500. but this week we got news that should always cause investors to take stock we learned that come 2019 broadridge's ceo is retiring
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although he'll stick around as executive chairman with the current chief operating officer coo tim gokey taking the helm. when you've had huge wins we get reassurance with the outgoing ceo of broadridge and his successor tim gokey. the current president and ceo who take the reins as ceo starting next year welcome back to "mad money." welcome to "mad money. we know it can be one of these things where people say i like that guy dale. i don't know about the new guy let's say why don't you say why it's not a bad thing >> jim, the board and i know that if you're going to go down as a decent leadership team you'll get session right we started on this over a decade ago. we had a strong management team and still went into a two-year search to identify tim he led the turnaround of our capital markets and solutions segment.
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and he's checked the box every step along the way he's been a great partner with me and led our team on the next generation of our strategy that we rolled out at our last investor day last december tim's the real deal. we got this right. >> tell us about your background the capital markets work you did and what you've been working on in the last year. >> yeah, absolutely. really i'll start with the last year which is we've been working with the whole senior management team on really where to go for the next ten years and we are very excited about the vision that we have for that. we talked about it at investor day last year, around really big opportunities in extending the franchise we have in governance, in how we can help our global capital market clients simplify and improve their technology infrastructure and really how we help wealth management firms in this country address the challenges they'll have as things evolve. >> including things like passive investment, robo advisers. all pressuring the markets.
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>> big pressures and we can help with that. >> so one thing that i think is very exciting, rich, we talked about something exciting, mail, mail, mail and data, data, data. block chain which is financial tech and what it means for our investors at home. >> so, at broadridge we're looking with a long-term point of view investing day three to five years out, block chain is a new technology that will make our world better think of it as being like the internet on steroids with security, all right. so, we will lead in those activities we've invested over $150 million into block chain so far. we've rolled out under tim's leadership proxy in the u.s., proxy around the globe, all right. and on top of that it's digital as well because we want to get your listeners, the rehe tail investors we both care so much about, the ability to give them the information they want in a
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digital format and make them better informed with less work on their part. >> how about speed >> absolutely. >> right, faster than -- >> click of a phone. >> now, you also have kind of built-in business provided by our government s.e.c., 30e3 what does it mean. >> that is for your listeners a new regulation that we are -- that we were supportive that will help simplify the distribution of information, regulatory information to end investors for mutual funds and it will help reduce the amount of paper and postage that is a cost to everyone and we think it's a very positive thing and will take a couple of years to roll out >> okay, i think that people want to know what will be the day-to-day interaction and they don't know they're interacting with broadridge. you're behind the scenes but people are dealing with you.
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> yeah, so a couple of different areas, first of all the most obvious one is around communications and pretty much all of the regulatory communications you might receive particularly around boards of directors elections would come from us and many cases some of the other things if you buy a mutual fund and get a prospectus afterward that would come from us a whole range of communications but even deeper than that as you mentioned the other things we do behind the scenes for many firms their books and records, cleans and settlement and some of their core technology we provide for them on a software to service basis. >> the situation i was in, i said i didn't think my share count was right and you knew the share count of how much i voted. that's what came to it no one knows this stuff other than you. >> you had reason to trust us because we're the only entity that has the technology and then on top of that provides independent verification. >> right that's what we knew. we needed someone -- and that's what you do.
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>> we're the true honest broker. >> i need to know last thing with president trump i thought there was going to be less regulation, but there hasn't been any lessening when it comes to the regulations you guys are involved in. >> here's the great news, jim, you're the champion of the retail investor. >> thank you. >> you know i'm passionate about retail investors and i know how much they matter better news than that the cha m chairman of the s.e.c. really cares about investors. everything he says and writes always comes back to the retail investor so, we now in this scenario not adding more regulation but making sure the investor gets counted so going forward, your investors who i said the last time really matter, with jay clayton will matter more he is running a roundtable you can't get anything done unless the s.e.c. vets these things they're using a roundtable to do it we'll be there with the abcds of
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broadridge's technology future tim is leading this, ai, block chain, cloud and digital. >> we got it covered thank you so much. that's rich daly, the outgoing ceo and soon to be executive chairman and this is tim gokey, the current coo and incoming ceo of broadridge. "mad money" maglaya is back after the break. i think that she's a very nice girl... ...you never got the brakes looked at? oh yeah. no. at cognizant, we're helping today's leading manufacturers make things that think and do automatically. imagine that, a world of new digital products and services all working together for you. can i borrow the car when it's back? get ready, because we're helping leading companies lead with digital.
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>> announcer: "lightning round" is sponsored by td ameritrade. it is time, time for "the lightning round. >> sell, sell, sell. >> buy, buy, buy >> sell, sell, sell. >> and then "the lightning round" is over are you ready, skee-daddy. start with john in alabama john >> caller: cramer, well done fly, eagles, fly >> go, birds what's up? >> caller: i'm in need of a little continuing education, professor. i bought at about 150, spotify and now it's pulled back and trading sideways for the last month. do i hang on to it. >> you know you ought to buy more actually. the problem is, wild, wild trader but three to five look.
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this is one of the great subscriptions, we love the subscription economy don in virginia. don. >> caller: jim, thanks for taking my call. >> you're quite welcome. >> caller: i'd like to ask you about gov. >> yeah, okay, listen, i have to do work on this. this seems like a really legit terrific reit but it yields 10% and that's worrisome we got to come back and see if it can sustain that. to ray in pennsylvania ray. >> caller: hi, mr. cramer. ray from pennsylvania. >> okay. >> caller: thanks for taking my call first time caller. long time listener go, eagles owens corning, down 20%, should i sell or hold >> you know what, it's going to be a rough slog. why is it a rough sloggy because of the fact that it's related to housing. i don't mean to conflate human life and money but you know what you may get bailed out of here because of the hurricane
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that's what we're doing. let's go to tom in florida tom. >> caller: hey there, jim. boo-yah, skee-daddy. i'm asking about fbc, flagstar >> no, no, here's where you are in that. >> the house of pain. >> you don't want to be in that address. steven in new york steven >> caller: hey, jim, want to ask you about the chinese discount -- >> sell, sell, sell. >> vipshop >> we have disliked it for a long time. i need to go to waz in colorado. waz. >> caller: hey, mr. cramer thanks for all you do for us. >> thank you >> caller: your opinion on cray computers. >> i have enough problems. why don't we stick with cisco. let's stick with cisco, hardware/software. gregory in california. gregory. >> caller: hey, jim. i'm a proud and very happy club
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member and i love it >> i did a big hour and 15-minute call still online how can i help >> caller: i'm calling about a company i bought before their earnings triple d. 3d system. >> i went through that conference call. that was a great quarter it took people by surprise it was really good i've been recommending hpq as a way to do it i think that 3d might be investable i didn't before. mike, mike, mike in california >> caller: boo-yah, jim. about a month ago i got a stake in dpt, and, jim, this week i've been thinking about adding to my current position. >> no, it's a wasting asset. i don't want you there you're buying at a 52-week high. ixnay on that trade. ladies and gentlemen, that is the conclusion of "the lightning round.
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>> announcer: "the lightning round" is sponsored by td ameritrade haters going to hate >> caller: i almost forgot how to say boo-yah. >> up over 160% the money is pour nothing this stock. believe it or not, look what happened aerovironment is flying high but our sky -- [ buzzer ] >> caller: on behalf of the eagles, go >> i like that analogy oh, look at this quotations from chairman mao doesn't this come in handy during the trade war ha, ha, ha last time you remember on you gave me a gift. >> oh. >> and, no, no, come on. i need you to say -- >> i was wrong. >> thank you that's all i wanted. now i love you even more >> "mad money" is back after the break. what's the hesitation?
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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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the normalization of weed is happening so fast it makes my head spin. although maybe that's from secondhand smoke it's not just that canada and a host of states have outright legalized pot, it's that marijuana has gone mainstream. want proof earlier i interviewed brian athide, ceo of green organic dutchman you may think he's a
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counterculture rebel you know what, get this, he's spent 25 years tolling at procter & gamble i can't even explain how this is a year or maybe two years ago i would have told you that sounds about as plausible as cheech and chong joining the dea or howard and cue mar go to breakfast at tiffany's. he was in town to present at the cannabis conference and told me even two years ago when he was the cfo of andrew peller limited, wine and craft alcohol company in can -- he would have never imagined working at a pot company. that was before canada embraced full legalization. now he told me that the opportunity was just too great especially in green organic dutch pane's particular niche. high-end organic ganga he hopes to become the whole foods of marijuana i fretted that investors might
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get hurt if they chased this group too aggressively he didn't want to talk short term and i don't blame him even though green organic has more than $300 million in capital. it still has no sales. they only just launched the brand this week. but he said something fascinating that really resonated with me. the whole universe of cannabis stocks is worth 30 billion did you the disruption could be huge, as much as $500 billion worldwide when you tally the market for oil, pharmaceuticals, pet health, edibles and most important, beverage talks about tea, coffees and alcohol drinks that will displace billions worth of current sales, something we've heard from rob sands of consolation blands, the u.s. distributor of corona that's why constellation bought a huge stake in it sands doesn't want to get left behind when people start getting stoned instead of getting drunk. just as you'd expect from a p & g vet he made a point of urging people to be sensible about the stocks, yes, the group
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is becoming more investable but cautioned you shouldn't expect huge profits or even a big surge in sales when canada ends prohibition because there's still going to be so many rules and so little infrastructure for selling this stuff legally it's not like you'll be able to belly up to the bar and order a shot of cannabis liquor. that said the longer term view is incredibly bullish and share that the sheer scale of the opportunity created by legalization is just enormous. call me a believer i asked tim about the prospects for sales in the united states, and he said that might have happened eventually. it wasn't saying now but the pharmaceutical companies and the private prison companies he says have waged a behind the scenes campaign to keep cannabis prohibition in place thoughtful, huh? my view, i want to introduce you to high quality new companies one by one but need to echo brian's concerns don't get ahead of yourself with the cannabis cohort or gains could go up in smoke
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a lot believe sales will take off the moment prohibition is rolled back in canada. if that doesn't happen many traders and investors will be disappointed pay close attention, dabble if you want don't believe all the hype stick with cramer. - i love my grandma. - 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! - 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.
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at&t provides edge-to-edge intelligence, covering virtually every part of your healthcare business. so that if she has a heart problem & the staff needs to know, they will & they'll drop everything can you take a look at her vitals? & share the data with other specialists yeah, i'm looking at them now.
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& they'll drop everything hey. & take care of this baby yeah, that procedure seems right. & that one too. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & when your patient's tests come back... i'm aching two pledges to you one, i will be on the cannabis stocks. i will review them and will bring them on, two, i cannot have you be senseless about these. i can't have you buy them right into the big repeal of prohibition and think you'll make money when some of the ceos in the industry are saying, please be careful. it may not be so great right out of the gate. i always say there's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer 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." ♪ are darryl and randy lenz with a product to help ease the stress of traveling with children. come on, honey. ♪ (darryl) come on. come on, honey. hi, sharks. my name is darryl.
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