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tv   Mad Money  CNBC  September 28, 2018 6:00pm-7:01pm EDT

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51-47 put spread a bear ib bet there fl thanks for watching see us back here next friday at 5:30 p.m. eastern time don't go anywhere. "mad money" with the one and only jim cramer starts right now. ♪ hey i'm kramer, welcome to our last night from cnbc one market in san francisco. welcome to "mad money. people want to make friends i'm trying to make you money my job is to teach and educate, not just to entertain. so call me or tweet me the third quarter is in the bag and it's been a good one, best in five years. even september was good and historically that tends to be a rough month.
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despite the chatter about tariffs and trade most stocks seem uneffected including today. s&p drifted .05% higher. in fact, the market has been robust that you have to think hard about stocks that log behind two losers stand out tesla and facebook tesla's stock got hammered because elon musk, the founder chairman and ceo turned down the settlement that the sec offered for his extremely ill advised tweet about taking the company private at $420 a chair. now they're throwing the book at him. no wonder the stock plummeted 14% later. facebook the most hated company in silicon valley, revealed there had been a security breach one that allowed hackers to take over 50 million accounts this is the kind of thing that
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makes shareholders worry that facebook needs to spend more on security because it hasn't been spending enough. when that splits, the stock comes down with it that's why you saw a 2.6 decline today. join the action alerts club. it's become quite a distraction to the process of making money nevertheless, despite the ugliness from tesla and facebook it had a pretty great quarter. what's the game plan for the next week? monday night we hear from one of our favorite new companies, stitch fix we're in san francisco where everyone is talking about disrupti disruption, well stitch fix is acting as your digital personal shopper. one look at the website tells how you powerful it is, the company's revenues are growing like wild fire and it's already profitable it has the ability top turn
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users into buyers of the stock, like tesla this stock has given you 40% gains since i started recommending it three months ago but pulled back over the past couple weeks, worried about competition from amazon. you have my blessing to buy stitch fiction tuesday, earning season, starts with pepsico inja reinvented the company transforming it into a diversified operation with healthy offerings. i've come to respect her for not just her business acumen but her leadership role as focussing on doing good works worldwide she was ahead of the curve on diversity, equality and stainability, i hope she stays on as a role model for
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everybody. the sector remains out of favor and i don't think pepsi co's earnings favor that. we have basically free money for payroll processers because of the float the competition among companies that advise on business servers one of the smaller division has gotten fierce. and square has decided to get into the payroll processing business itself. they're a big time disrupter and about small and medium size business which is paycheck's wheel house. call me conflicted wednesday we turn to a despised sector in the market, housing. when the fed raise rates they turn against the housing stocks. that's what they have to report in the morning and i don't think
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the giant home builder can k b home delivered a monster beat earlier this week and meant nothing to the stock i doubt that lamar can report a better number. imagine the task when they try to explain how well things are going. i've rarely ever seen the housing stocks go up during this phase of a fed tightening cycle. everyone is worried about mortgage rates heading hire. this came up as they dispaterra over business and the strength of the stock so i say you have to be careful with lennar. when you want to see what happens when a visionary company deals with skepticism, i say this one it may not be enough to boost the stock. in this country the beer business seems to have peaked
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for the major producers except constellation. the numbers were good that investigators were willing to give it a pass, blind eye. but that seems to have changed with the last two quarters which while strong weren't strong enough second there's constellation's aggressive pursuit of marijuana, the most advanced player in the cannabis business as far as having a global go to market strategy some investors see this as a sign that the company lacks faith in their core alcohol business i bet the stock would get punished if that happens i wouldn't want to be a biuyer i think the weed strategy makes sense to me. costco, i think will deliver numbers, stocks up 26% for the year that's what costco has been giving us but a wrinkle,
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concerns of tariffs and whether costco eats the cost or passes it to members. friday we have the most important news of the week, the labor department's nonfarm pay report we'll hear concerns that the fed is putting brakes on an economy that's cooled. if it's too strong we'll hear the fed needs to raise interest rates faster i bring it up because it's the worrisome part i think the fed is doing a great job and we'll get a goldly locks number one that with stands the inflationaryive. friday's labor report is the most important number if it doesn't come in just right you have to be ready for a bit of a sell off, after a strong quarter we might as well be set up for one. let's take calls robert in pennsylvania. >> hey, jim, go eagles. >> go birds.
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>> my question regarding take two interactive. i'm interested in buying the stock. the thing is it's at nearly an all-time yearly high >> right. >> and the september, you know, correction in nasdaq didn't move down at all. in fact, it's still going on so my question is, what do you think of the company, and second, how would you go about pulling the trigger? >> i think the company is the best in the business this has read dead redemption two coming out if you want to buy something, i think it's at its all-time high today. you can buy some but then have it go lower. i can't have you come in at new high and then have you say to me, jim, you crushed me. eb in florida. eb >> hi, jim hey, jim, i have a question here
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bank of america today said it was going to ban -- put a ban on the penny stock -- >> right. >> and i have quite a few shares of bank of america what can i expect? >> i think that this was just a prudent thing by brian and company, we don't want to speculate in stocks we don't want to talk about on the show the banks are under pressure the interest rates did not go higher that they lend at the price they have to pay you on cds and deposits did go up. that's why the stock went down let's go to dennis in minnesota. >> hello, jim. i have owned vector grove since 2003 it's been a steady dividend pare i know that tobacco group has problems with e cigs, people
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smoking less, et cetera but vector has diversified with its real estate business earnings are down and the payout ratio, the stock has crumbled from 23 to 13. is it time to buy more avoid? >> there's three things i don't like i don't lyle juule coming in that real estate business i want it separated they seem to be unwilling to do that friday is most important news we get it next week things are tricky with this one. it has to be just right. on "mad money" tonight it's our last night in san francisco. better do things big we had a royal on set. not prince harry i'm sitting down with the cloud king to see what's ahead for the company. the fastest growing cloud king service now is here to discuss what's going on with the company. first tesla tumbled quickly.
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what should you do with the stock? you'll hear my take. and, of course, stay with cramer >> don't miss a second of "mad money," follow at jim cramer on twitter. have a question tweet, # mad sweets send an e-mail at cnbc.com or call us at 1-800-743-cnbc missed something head to "mad money" at cnbc.com. turmoil at tesla, the latest on s oh,c charges, can the company win back wall street squawk alley monday, 11:00 a.m. eastern. ...the welders and electricians who do all of that. the diner staffed up 'cause they all needed lunch.
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teachers... doctors... jobs grew a bunch. what started with one job spread all around. because each job in energy creates many more in this town. energy lives here.
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simple. easy. awesome. ask how to get $300 back when you sign up for xfinity mobile, and purchase a new samsung phone. visit your local xfinity store today. so much for elon musk. the candy operator, the guy who was always one step ahead of a posse of angry short sellers the posse finally got their man. they're going full ox bow innocent when you read the complaint about what musk did, basically fabricating this bid to take tesla private, precisely in order to smash the people getting against the stock, the thing that stands out is his hub are you. he tried to destroy the shorts and destroyed himself. you might think that's a strong
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word but it strikes out a $420 offer designed to force the short sellers to cover their positions, buy back the stock to cash out, or be obliterated. and he had a chance to settle with the sec that did the complaint, offered him a deal that was a slap on the wrist, pay a nominal fine and step down as chairman of the board for a couple years, no admission of guilt, no resigning as ceo, instead he blew up the settlement at the last minute and decided to fight it in court. this man is his own worst enemy, no wonder tesla stock went down 14%. would you want to own the stock without him at the helm? he's good at selling people on the company. second, given the brazen totally madeup story about firm financing for a $420 bid the
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concern is not the sec, it's the justice department potentially charging him with securities fraud. when you read the brief by the company, it does everything except say he manipulated the stock for his own benefit. i think at the least the justice department will feel compelled to investigate how would he be so reckless as to fight the sec when they seem to have him dead to rights with information that looks like he may have provided himself. musk insists on his innocence but it's too risky to own the stock while we wait to see the other shoe drop i think. tesla has refinancing coming up soon, there's convertible bonds by november and a chance he misses forecast, he's done that before and needs to raise money again all of that is more difficult. backers raise money for anybody except if they're going to
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prison the justice department investigates or the sec recommends they should, we have no ideas if either of these will happen, i expect most bankers will say no. they don't want to add a risk factor like the ceo will end in jail that's the problem, tesla is in need of so much money, they lose so much per car. if that weren't the case, we could have a new discussion about a new ceo stepping there's nothing about a company with a balance sheet from hell trying to raise capital with a ceo who could be charged for securities charge any minute why isn't the stock down more? tesla is a cold stock with no middle ground, the shorts believe it should go zero, the longs believe it's going to 1,000 and felt wrong at the upside where tesla talked about capping it at $420
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a price he picked apparently to impress his girlfriend the longs will wait and if nothing happens, oh well it's worked every other time they know musk passed up a deal that would have been better for tesla and shareholders, something that could have made him less distracted with an inspect chairman and board members. if he had taken the sec deal it would have gotten the stock hire when they go to press their bets they may find there's not enough stock to borrow. that's how you short something, borrow the stock, sell it high so i think tesla's stock can go down, but i can't see it trading in line with an ordinary car company because they'll craft some narrative in their heads where musk can stay on and do a better job as he fights the sec and makes the best cars. that's what it means to be a
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consult stock and musk followers are consult like in their devotion until elon musk is removed from the premises, the tesla bulls will love the stock. if he somehow keeps his job they'll be back as biers they can't resist the car or the man. his best defense at this point might be to invoke a sanity plea my advise to you, please don't drink the kool-aid let's take some calls. let's go to eric in texas. eric >> how you doing any question is about ge stock you recommended as a buy below 15 i bought at $12.50 and it's still dropping is it still a long term hold, should i cut my losses, or dollar cost losses >> it was predicated on the idea that perhaps they had a plan that would very quickly fix the balance sheet and that did not come to pass i think you can hold it. but i can't recommend taking a big swing at it.
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i just can't there's got to be more tangible evidence that that balance sheet can be fixed i want to go to tony in oregon >> hey, how's it going >> doing well. how about you, tony? >> i'm doing pretty well, too. >> okay. how about a stock? >> my question is, back in february the stocks kind of tanked after morgan stamly came out with a report saying lithium was going to reduce in price by 45% in the next seven years and fmc is a chemical company they're going to do a spinout of their lithium branch and i'm wondering if either stock is worth investing. >> fcm is back in play as a positive situation it's a philadelphia company, go birds. i think it's going to do quite well this is a decent level to pick it up, i would do so as long as elon musk is at the helm tesla bulls will love the
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stock. for you i'm asking you not to drink the kool-aid we're going to talk to the m wear then i'm sitting down with service now, the stock is up 270% over the past five years but could the move continue? i have the ceo and a let's pull out all the stops before i hop back on the red eye edition of lightning round. so stay with cramer. i know that every single time that i suit up,
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one of the greatest gross stories around while we're in san francisco we've been checking in on as many of the cloud kings as we can because these companies are leading the charge take vm ware the company that pioneered the technology that makes the data so powerful the stock gained nearly 25% for the year dell still owns a controlling interest in the company and were considering gobbling it up they have their finger on the base like no one else. earlier we spoke with the chief operating officer of vm wear to find out what's next for the company. look >> welcome back to "mad money." >> thank you. >> since i've been following you, a company i thought had been left behind, but since then
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you've had a renaissance, because you tapped into the cloud to make it work. maybe you can walk us through it and tell us what it does >> the story of vm ware is profound studies have found a dollar spent on vm ware turn into $20 of economic value. we've accumulated maybe a half a trillion worth of value. i brought a t-shirt. on the left-hand side you see the data center, what we invented to make the onpremise world look like a cloud, we call it private cloud the world is now moving to the cloud. the same with the desktop, the top part going mobile. so what customers were asking for us, i see why you're relevant here, the left side of history. but how are you relevant to the future of history, which is cloud mobile security.
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two years ago we made a pivot in the company to embrace the public croloud we moved the head winds off the public cloud to become tail winds for us now customers are not just spending on security but also on traditional on premises business, which is great. >> i think it's important and one of the reasons i've liked your stock so much not a lot of companies have good, unblemished relationships with amazon. how did that come about? that may be the fastest growing part of a company that many of our viewers have -- >> amazon is a special company, clearly number one in the public cloud. pat my boss's ceo, andy and myself and a few others got together and said listen we have a business we decided to invest, we felt we could create this partnership that was special we don't do barny partnerships -- >> i have to tell you out here i
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hear a lot of them i say that's not real and it turns out they're not. >> the way in which you can tell the real partnership is there's deep engineering, deep sales collaboration, deep marketing on all of those fronts. we meet on a quarterly basis and look at our teams and sometimes you can't tell where an amazon engineer and vm engineer are apart from one another our events -- >> amazon people there. >> yes andy was on stage, 150,000 people come to their events if we take the 250,000 people and make them joint events when we collaborate in the sales force, we have very, very strong relations that's resulting in momentum for both of us in the market. >> are there a lot of companies saying i have to figure out how to get in this world, i read amazon web services save me money, how do i do it? and they find their way to you
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because i.t. consultant? >> yes we are the king of the private cloud, the worlz that exists on premises as customers make their journey, they want the elastic capability saying i want to shut down my data centers, using the new economy and that's what we've been able to engineer in this cloud. >> we had brinks on recently, walk me through -- we thought people see the trucks. they are a sophisticated cash management and valuable asset management company what do they need vm for? >> they're looking to not just take care of cash, but what's the future of the truck, digital cash, block chain? if they can run their i.t. operations securely in a managed fashion, reduce their data center, they were on stage to talk about how they built a private cloud using our software, and now using our
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amazon relationship, our building vm cloud on amazon and been able to reduce their data centers dramatically, that helps save costs now they get back to focussing on the business and we make the infrastructure run. >> i wanted to ask you about dell, i understand that's in flux, can't talk about it that's my understanding. >> we focus what we can focus on, that's the long-term growth. and dell has been an incredible partner. >> i've been on the sales force, lots of it is education. you too believe in education, it's your passion. >> absolutely. i think people used to go to old trade shows, consumer boat shows to buy stuff these are not selling events they're education and inspiration events at vm world we had a brilliant talk and then a special guest speaker, a noble peace prize winner, she is focussed on young
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girls and education. i had people, big men crying at the end of this thing. it was amazing to hear how inspiration her passion for education. i believe if you are doing well, which is vm ware, you should be also doing good. that's part of the mission. >> that's the major theme this year that's sanjay, he's the chief operating officer of vm ware i hope you understand why i think this is so important "mad money" is back in a minute. live from the nasdaq market site. >> the most powerful business show on the planet squawk box 6:00 a.m. eastern on cnbc oaster. ♪ quit cable uh... ♪ quit cable
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i spent this whole week telling you ant the many ways the technology companies are changing the world revolution niezing the way we do business take sales force, not only do they have a track record of charitable giving they announced another $15 million donation to the oakland and san francisco school districts this week but they also give their software away to thousands of nonprofits and charities. earlier this week we had an opportunity to speak to ebony felix, sales force.org's
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executive vice president about the company's commitment to few lan throwpy. take a look. you have a novel title you're chief philanthropy officer. what do you do at sales force? >> i'm excited to be here and i have the best job. the chief philanthropy officer means i have one of the best, my title and roll is responsible for engaging the 30,000 sales force employees who want to give back and make a difference in the community, but also responsible for grant making, the resources that go back into the community for the nonprofits we care so deeply about. >> you have an announcement today on the type of grants you have why don't you make it? >> today we're announcing $18 million going back into the local communities. 15.5 of that going directly into san francisco and oakland unified school districts
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2 million to go to homelessness and hunger and 500,000 going to the san francisco parks. so we're really focussing on education, housing and homelessness and having really clean, safe places for kids to play. >> i think it's important that we mention that the commitment that you have to public education. because most of the time people say that's the government's job why do they have to help >> it's really a partnership for us it's we're six years in with san francisco, three years with oakland really we take this commitment, we take our responsibility to the community very seriously we really want to wrap all of our services, meaning our employees' time, our grant dollars and our technology around the school because we know what happens outside the school impacts what happens inside the school. so we started off six years ago with wid jets, with stuff, right?
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so it was ipads in the school, everybody was doing that now we realize it's the teachers, it's the math, the critical thinking, the computer science, it's mindfulness. we're concerned about that whole child, from the parents to the community to the teacher the kids we want to make sure they have what they need to thrive. >> the sales force e thoughs is 111 yet when you google it it's not clear. tell people where you fit in with 111 particularly how you guide key parts of that equation. >> 19 years ago sales force was founded and the 111 model was a part of that, that meant 1% of the company's equity, 1% of the employees' time and 1% of the technology was going back into the community. that was very important to mark. giving back is part of our dna, out of that our model has grown
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to so much more to date we've given over a quarter billion dollars away it's huge. i heard mark say that yesterday, and it was like, gosh. a quarter billion dollars away and our employees have volunteered over 3 million hours. they'll do a million hours this year and we've given our technology to over 37,000 nonprofit organizations. you know i love that every day one of every sales force employee they give back. they give back and a lot of them join our company because we give back we offer seven paid days off to all of our employees to do whatever they want we do encourage our employees to get involved, give back to the local community. so that could be cleaning up a park or knocking on the door of your public school and asking, what can i do? >> this is very interesting because you have a cloud dedicated to education >> yes >> tell me if i'm wrong but a lot of companies would say i can
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actually -- we can't give it away, we have to charge. so sales force does something rather amazing which is it gives away with the idea you're going to get back too. there's obviously a return on investment you measure it's not like here's money and if it works out, it's fine. >> doing well, doing good, we believe that the business of business is to improve the state of the world right. so we do well when our communities are thriving when our kids learn and have critical thinking skills, they grow up and contribute and be positive members of the associasocieties. they come and work for companies, including sales force. we do not take it lightly. >> you're self-effacing but right with information technology you did not join necessarily to volunteer. it was a journey for you, right? >> i did not my degree is in computer
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science, i came from a banking organization i never thought of working for a nonprofit. i always volunteered from a young girl but the fact i get to do this as my job every day is amazing. >> congratulations on the good work you do. sales force.org. thank you so much. >> thanks, jim. watch it, cnbc on apple tv catch up with top news, and watch full prime time shows now. your cnbc all in one place down load cnbc on apple tv ke ev. they reveal in extremes and defy limitations. these pursuits may seem unnecessary. but the scariest thing i can imagine is a world where this, doesn't exist.
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by td ameritrade it is time fired up lightning round play the sound and then the lightning round is over are you ready? michael in new jersey, michael >> what do you think about groupon? >> i was wrong i thought it bottomed at 4 and change, here's 3 and change, i'm not backing away it has a good balance sheet and doing well let's go to mark in kansas.
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>> what's going on, buddy? >> not much. how about you. >> good. wix? >> i've been a backer of it, i think it's excellent helps in the same way but more indepth. going to russ. >> from beautiful las vegas, nevada >> whatever. >> i believe that las vegas sands is in an oversold condition due to trade fears with china now beijing considers macow a bright spot to their economy and i'd like to knowif this is a buying opportunity or will the chinese cut off their nose to spite their face. >> i think they would cut off their nose to spite their face they're playing the long time, what you keep hearing, that means the short game, i'm not recommending the stock i need to go to mark in
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california >> hello, jim from the west coast. >> i'm here. where are you? >> right next door to you, just down the street. my wife is a big fan of paycome and she's been buying it for some time. only recently have i gotten on board with the stock i know it had a strong run up, do you think there's more upside potential -- >> your wife has horse sents the stock is a little high, it's elevated but one of those stocks let's say it's anointed. let it come in a little before you buy it let's go to gregory in california gregory. >> big condolences to you my friend on the loss of your pal bug. i'm sure the house feels a little less populated now. you'll get through this. >> thank you bug was a very good boy. how can i help >> i read a great piece on real
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money pro the other day about restaurants that might be set up nicely for a buyout or a sale, one of them that really caught my eye was bo jangles. >> i understand why someone might think that, the stock was up so much today because what will happen, i recommend a stock and it's up there on a takeover basis. i'm going to take a pass here, i understand the thesis. mark in arizona. >> yo, jim don't tell me about the labor pains just show me the baby. two picks today. they're so hideous i can't look away keep them or dump them >> what was the stock? what was the stock fed ex i think fed ex is terrific
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they're not as worried about world trade as other people. i like the last quarter despite the fact others didn't let's go to john in arizona. john >> how you doing, jim? >> not bad, john thank you for asking how about you? >> i've been watching you for many years, back when larry kudlow was on the show. >> holy cow. >> i was wondering about -- i own a stock called fold it's a pharmaceutical company i was wondering if you think that thing will take off >> it's speculative friday i have to tell you my take on that is that is one of the most speculative stocks in the books. i remember doing a book, it was in there, i thought it was good but it's been a house of pain as of just late i can't recommend it let's go to steve in pennsylvania. >> the people in nashville, fly
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eagles fly i want to ask you about discover class eight. >> well, you know this stock has been on fire since david facebooker's incredible piece about how great the stock is therefore it's so high i cannot recommend it i can tell you that i think disney is terrific that's the conclusion, ladies and gentlemen, of the lightning round. >> the lightning round is sponsored by td ameritrade days. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪
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cnbc presents productivity at work, insight from corporate leaders. apply now at
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cnbc.com/productivit cnbc.com/productivity/atwork >> want to know why i spent this week in san francisco talking to tech executives? look at simply service nows, i maimed it one of the "mad money" cloud kings. the stock has rallied about 50% for 2018 after putting on a 75% gain last year, that's the power of cloud computer and it's perhaps the best of the best this year forbes named them the most innovative company. their secret to success, let's businesses automate technologies, this strategy has allowed them to put up incredible numbers of the seven companies i call cloud kings, these guys have the highest growth rate. earlier today we got a chance to check in with the president and ceo of service now
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take a look. >> john, people who don't understand service now need to understand something you make the world of work works. how does that come into practice every day? >> that's our core purpose as a company we want to make the world of work work better for people what's behind that is over the next five to ten years technology is going to change our lives at work profoundly over the last ten years in the consumer mobile revolution, technology transformed our lives at home, with things like e bay or uber. but technology at work is frustrating. with cloud based platforms like us now, there's no reason we can't have the kind of experiences at work as we do at home. >> you have 47% growth in deals over $1 million, that's
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extraordinary. no one has anything in the 40s that i follow. >> well, what's happening, jim, is customers and companies everywhere are embracing digital transformation it's no longer just a business buzzword it's a strategic necessi necessity. you must digit tuesday your company. and we're a company to help transform companies digitally. >> i want to talk about what it means for a company when you cut the ticket resolution from 36 hours to six hours people get frustrated at work with i.t.. you solve the bottlenecks. >> think about again the analogies in the consumer world. i'm taking lessons from my 10 years at e bay say you have to reset your papal password they have your money but you can reset your pay pal password in
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20 seconds think about at work if you have to reset your e-mail password it's brain damage. >> what would you do >> service now enables you to have the same kind of experience at work where you can reset your password safely and skuecurely. and employees want things to happen in a self-help fashion. that drives greater productivity and efficiency for the company and drives a happier employee and provider at work that's what service now enables is transforming the experiences at work in the same way you have at home. >> it's doing so well that a lot of companies in the field, let's say work day, sales force, they're saying you know what, they worry me. not the ceos, but because they're so powerful they can take on us but that's not been the way you've been doing things. >> i'm driven through the eyes of the customers i've met with 500 cio and ceos
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over the years i've been to asia, europe, been to new york meeting with customers, they're all saying the same thing, they're embracing four to seven strategic platforms, often it's sales force, adobe, work day, service now does i. t. and all work flow around all of these. often a slack or microsoft 365, a drop or dropbox and they want the platforms to work together so i think there's going to be multiple winners we're customer focussed we'll find ways to work together to deliver the great experiences at work. >> i want you to describe one of your best customers, which is the government as americans we want to work with the government in a better fashion. >> everyone is embracing cloud and now governments are aggressively embracing cloud initially they had concerns
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about security and now they're recognizing it can be more secure that on prem software i was in australia a couple weeks ago meeting with state and regional governments, in europe meeting with a post system in a major country. they're delivering better experiences for the citizens and drive greater product and cloud enables you to do that and that's what service now does, it's a platform that enables better experiences for customers and employees and significant productivity benefits from automating work flow. >> one of your biggest fans is someone we're fans off, oscar from united continental. i felt since the merger it's been rocky, he talked about it being smooth looks like service now is playing a roll. >> we're one of their strategic technology platforms and we're proud and honored to have the role and we're helping them automate
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work flows within i.t. and across work flows. think about united employees, he has hundreds of thousands of employees all over the world if united provides those experiences -- those employ eows with better experiences, whether it's -- a whole host of things embracing platforms like service now is enabling united to provide better employee experiences as well as their customers. >> the numbers you are producing are extraordinary precisely because of the things you're talking about right now. >> that's one of the things i appreciate most about service now. is that its historical focussed on being a customers focussed organizati organization, combined with the cloud tail wind, that's what's driving our success. we're proud of our success, revenue and growth but we're focussed on listening
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to our customers and determining how can we help them transform maier business to do that in a way that drives economic value if we continue to do that, our growth will continue. >> that's how the stock is nonstop because the company is nonstop. remarkable job great work. >> thank you, jim, great to be here >> thank you thank you. wireless phone call in 1983. yes, this is bob barnett in chicago. (john) we were both working on that first network that would eventually become verizon's. back then, the idea of a nationwide wireless network was completely unreasonable. but think about how important that first call was to our lives. it opened the door to the billions of mobile calls that we've all made in the last 34 years. sometimes being first means being unreasonable. i'm proud i was part of that first call, and i'm proud that i'm here now as we build america's first and only 5g ultra wideband network with unprecedented wireless capacity
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that will not only allow for phones to be connected, but almost everything-- transforming how we all live, once again. (bob barnett) as you know, this call today is the first call that we've made on the cellular system. you're still here? we're voya! we stay with you to and through retirement. i get that voya is with me through retirement, i'm just surprised it means in my kitchen. so, that means no breakfast? voya. helping you to and through retirement. the riskiest job. the consequences underwater can escalate quickly.
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the next thing i know, she swam off with the camera. it's like, hey, thats mine! i want to keep doing what i love. that's the retirement plan. with my annuity i know there's a guarantee. annuities can provide protected income for life. learn more at retireyourrisk.org what a fabulous quarter best in five years and what a week it's been out here, there have been so many great ideas and i love the spirit. i also want to thank all the great people of one market cnbc san francisco who make us feel at home when we parachute in and take over their office in a way that we should be more gentle. it's been a great time there's always a market somewhere, i promise to find it here on "mad money." i'm jim cramer and i'll see you monday
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>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a gre idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ to the dreaded parking ticket. ♪ my name is david hegarty, and i'm from san francisco, california. my company is fixed, and we are seeking a $700,000 investment for 5% equity stake.

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