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tv   Mad Money  CNBC  January 22, 2019 6:00pm-7:00pm EST

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strength. >> you call himsteven like the full name. >> she throws it in in final trade, i like. >> it didn't i. >> mcdonald's, earnings on the 30th or 31st is extraoinily rdar compelling. >> that does it for for us "mad money" starts right now my mission is simple -- to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to save you money. my job is not just to entertain but teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. okay okay, so it was a little too easy can only rally so much on the idea that the economy is slowing, so we don't need to worry as much about the fed. no wonder we got slammed today,
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the dow plunging over 300 points the s&p plummeting 1.1%. i mean, it's not like companyks come out and say when they report, okay, we were doing pretty well until the fed screwscrew ed up. but if they get it right, we'll be fine. no, it doesn't work like this. these companies have to extrapolate from last quarter and when you do that, things look ugly. it doesn't matter if the fed changed its stance after the quarter ended. that picture still looks hide s hideous, right companies love to underpromise in january to overdeliver later in the year. so let's set the stage for this decline. the first time we were going to get hammered came from oil, which at one point was down almost $2, and we know that the oil rally has been -- let's say part and parcel of the entire rally this year. that matters there are a ton of hedge funds
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that rely on computer programs, and those programs are set to sell the whole s&p 500 when oil goes down in price don't ask me why it's by machine. we know in reality, in rationality that 90% of the s&p benefits from lower oil prices so the linkage is surreal. in truth, the programs are trying to measure the health of the global economy and use the price of crude to measure it when there's a whiff of a trade deal with china, oil rallies when we heard that the u.s. turned down an offer of trade talks, though larry kudlow came on air and said that's not true, well, oil gets trashed >> sell sell sell. >> remember, the stock market hates the trade war. without a trade deal, there's a widespread belief the global economy will continue to slow down, which is why oil got hit
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today. you sell oil because you're worried about the global continue, you should sell the s&p, too now, if you think the u.s. economy should be insulated from all this pain because we have such strong growth, i got bad news for you >> the house of pain >> we keep being fooled by these employment numbers this morning, we got existing home sales for december. and they dropped a staggering 6%, the slowest sales pace since november of 2015 the mortgage bankers association pointed out that existing sales have decreased for four straight months because of a lack of confidence in the broader economic outlook, because of stock market volatility, and higher mortgage rates. ouch and this macro weakness is impacting a lot of companies, like black and decker, who
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reported a decent number but gave a horrendous forecast because of the slowdown in the u.s. housing market. the company added that auto tools were also weak it was a jarring call. worse, the international outlook sure won't let them make it up just listen to stanley black and decker's ceo, who told us, and i quote, holy cow, i love this quote. i think we all know the european economy has slowed quite a bit italy is a disaster! amazing the company still made that you are numbers in europe but i don't think that travel log is all that encouraging. and this environment, the fed chose to raise interest rates? this is why i spent months going off on fed chief jay powell for his tone deaf attitude and his lack of, yes, homework, homework, i'm going to emphasize that again
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my homework told a different story, and no wonder the stock plunged more than $21 today. jay powell, that's homework. normally on a day like this when we would see money flow into the pharmaceutical companies, right? but not today. why? because johnson and johnson chose to give a forecast that shocked investors. so there was no safety in safety stocks in the case of j&j, i think the company was underpromising so that they can overdeliver later this year, because this is what we come to expect from them. i saw nothing that would tell me not to buy the stock >> buy buy buy buy buy buy >> still, it was like a pintzer movement
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so what do we make of this i think there will be a rush of traders trying to take profits, betting we'll have a retest based on the damage the fed has already done by raising rates and the troubled trade talks with china in this environment, look, i think you may want to wait before you buy anything, other than the stocks of companies that have already reported much better than expected quarter after coming back to earth, you get a second chance. we have had a huge run here, so it's natural that money managers will want to take something off the table. go down 19.8%, go back up 13%. the only counter, better earnings, better earnings like we got tonight from ibm, which promised to stabilize margins, grow revenues for the full year and hit a full-year earnings per share target of $13.80 when it spoke last and you know what? it did all three, and then some. and i think it's positive news,
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which could send the stocks soaring after hours, but i think could have legs beyond its core confidence i think there will be pit action off this bold, terrific name and if you hear something good about red hat, which is go fog reawake the cloud kings. i think you need to be careful how much you sell, because i doubt that retest theory i heard all day. there are way too many stocks of high quality companies still below their 52-week highs and i don't think those level also get taken out. but i understand the dilemma how can the ceo of an industrial company tell a good story when the global economy isn't doing well how can executives tell us not to worry when even johnson and johnson sounded worried? the bottom line, this is a moment where you have to figure out if you can thread the
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needle are you nimble enough to sell now and buy back a few percentage points lower? if so, go ahead, you have my blessing but if you don't can swap out and swap back in lower, it's okay to wait and then do some buying i want to go to nancy in new jersey nancy! >> caller: hello, jim. happy new year >> same. >> caller: i've got some questions. i'm a retired teacher after 37 years. so i've got a roth i.r.a. and i also have a pension. the reason for my call is this -- i bought g.e. as part of my roth i.r.a. and, well, you see what g.e. is doing so in general, how much does a stock's value have to decline before you sell it >> we're not going to sell
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nancy, first, i feel bad, because ge has crushed people. but i think the time to sell ge has passed you have a great ceo in there with a great plan to get things back in action i would rather be a buyer than a seller of the general election corporation. louise in north carolina louise >> caller: hello, jim, in north carolina glad to talk to you. >> luis, what's up >> caller: editas medicine, it's a great company with gene technology but today the stock cratered 20% down on the expected news that the ceo is leaving the company >> yeah. >> caller: so the question is, for the home gamer like me, should i stay, should i go what do you do in a situation like this? >> well, you know, i don't like
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it when the ceo just steps down like that. i saw that i was watching a couple of these stories, my friend is following some of these biotechs today so i've been keeping a close eye on them. down five? you know what? that stock is probably going lower. that was unexpected. and by the way, definitely worrisome, okay? i think we're going to see a rush of profit taking in that environment, maybe ibm runs count toer to that you can wait to buy anything other than the stocks that have reported great quarters that went up a long and are coming back down. be careful how much you sell i don't think things are nearly as bad i'm eyeing the latest data and telling you what, if anything, it means for american companies chld and get your passport i pick the fundamentals.
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and china, you keep asking about chinese stocks i said no. i found a guy that likes them. how is that impacting other companies? i'm talking to the ceo so stay with cramer. >> don't miss a second of "mad money. follow @jim cramer have a question? tweet cramer at #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. ♪ ♪ the unknown beyond the horizon.
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for 2018 came in just at 6.6%. that's the lowest number since the '90s meanwhile, this is a staggering thing. china's unemployment rose from 4.8% to 4.9% those are the official numbers we have lower unemployment than they do. the managing director christine la guard said the world's economy is growing more slowly than expected and risks are rising she blamed the slowdown in europe and china can't help it, because american companies are scrambling to move their manufacturing from china to just about anywhere else, so they can get out ahead of the upcoming tariff increase from 10% to 25%, which is going to happen chinese economy is in lousy shape. i've been pointing out china is
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a paper tiger for months the unemployment rate continues to stay low because of the rapid decline of immigration and the tax cut. and a stronger dollar, which makes life more difficult for u.s.-based companies that do business overseas. third, in response to these macro officials, money managers are fleeing to the defensive stocks, although it didn't work, because j&j gave us worries about the dollar fourth, these ugly macro numbers don't explain the real weakness in our economy, which is in housing. housing something that's almost entirely domestic. home prices are unaffordable and now that prices are coming back down, the whole industry is rolling over the hideous guy danidance from and decker drove that home rates have to stay low more importantly what do these
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weak numbers mean for the fed? i think this bad data matters because it will have to impact the mind of fed chief jay powell all he ever easy is i don't see it but they see it if powell factors in the weaknesses along with the housing weakness, there's a solid argument to refuse raising rates for the rest of the year for now, you have to hope powell continues to exercise patience and looks at what happened today in the stock market. either way, i figure the weakness in china will make it easier for president trump to get an edned ed advantageous t. i bet the chinese government is trying to find a way to show us they'll respect our ip and let our companies operate independently in china, a sticking point that larry kudlow made today, even as he denied
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that there is any cancellation or behind the scenes talking ahead of the bigger confab it's not a perfect solution to the people's republic, but considering what the tariffs are doing, they may not have a choice at the moment, we have no trade deal, and the federal reserve should be less likely to raise interest rates in the near future it is just too dangerous and even jay powell knows it, which is why if we get more good numbers like we got tonight from ibm, we could get back on track after a couple of speed bumps, but we don't want to lose the fed when it comes to no raising rates. much more "mad money" ahead. concerns over trade in china hampered markets today but maybe there's some signs that could be changes for the people's republic. i'm eyeing what's ahead. it will blow you away. it is amazing. then, logitech just beat earnings estimates
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so is it game on for the company which reported than a better expected quarter and the pc power house known as dell has returned to the public markets. should you consider investing in the stock? don't make a move before hearing my take. and stay with cramer ♪ hawaii is the first state in the u.s. to have a hundred percent renewable energy goal. if we don't make this move we're going to have changes in our environment,
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the whole market got slammed, i think it's worth considering the other side of the trade. we just got some hideous china numbers. the gdp grew at 6.6% clip. i've got to tell you that may sound like a lot, but that's actually, get this, it is their slowest growth since 1990.
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keep in mind, these are the official government sanctioned numbers. in the fourth quarter, china's consumer spending in car sales slowed substantially we know the trade war has been terrible for the people's republic when the united states hits them with tariffs, it hurts this is a no-win situation for china. either they make concessions to president trump and open their markets, or they maintain the status quo and continue to get devastated by the tariffs. how can the chinese get out of this so if you're investing in chinese stocks, you have lousy performers when is the last time we heard good news about the chinese economy. their stocks must be in a terrible house of pain do you know how many chinese stocks bottomed months ago
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they all pretty much got slammed today terribly, but they're still up from the lows and in return, i have to tell you, the recent dips have turned out to be buying opportunities. this is just looking at the chart. for those of you are scratching your heads wondering how these chinese plays are trading higher, i'm going to go off the charts with the help of dan fitzpatrick, old friend, president and founder of stock marketmentor.com, as well as being my colleague here. he has a really interesting thesis he thinks the weaknesses are already priced into many of the chinese stocks look at the charts he believes they have bottomed dips like the one we had today should be treated as buying opportunities. again, this is very against the grain. before we get into the specific
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examples, how can the stocks of the big nigh cheese companies turn around even when china's economy seems to be deteriorating? simple that's how bottoms work. it's always how they work. the stock market is a fortune telling machine. occasionally it gets it wrong, but which the time we get the latest data out of the chinese economy or our own economy, it should already be baked into most stock prices. that mean it is you just look at your screen, it tells you nothing. we saw the flip side of this in the fourth quarter here in the u.s., the unemployment rate was fabulous, but investors were worried about the future after the fed chief promised rate hikes. he said he had to do it. investors seemed baffled the market will almost always
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peak before the economy peaks. it will almost always bottom before the economy bottoms that's what fitzpatrick is predicting with some of the better chinese stocks, and these are stocks i have sustained. i admit i've been pretty right this is what you wanted to avoid, right this is the big chinese e-commerce stock that got crushed. fitzpatrick thinks that jd.com completed a buyable double bottom at $20 per share. look at this there you go, $20 bottom that's still holding up with the stock at $21.68. it didn't get taken out today. that floor held even during the selloff today. this is a sign that they are ready to run but the real strength here is in the moving average, or the mac
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technicians use this to detect changes before they happen fitz points out this has been surging higher since september look at this it's been going o ining up, eves is going down. that's what technicians call a positive divergence. it means the mac-d is signaling jd.com has dot top bottomed, no about it he thinks that jd.com could be stuck in no man's land for a while. however, if jd.com can break out above 24, and he thinks you can have a lot of easy upside, in fact, once the rally is past 24,
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fitzpatrick says it can tack on another 20%, rallying to around 29, which is where the 200 day moving average will be in a few weeks. he thinks you should wait for that breakout and if it happens, that's when you pounce i like lower stocks, but this is an interesting thesis, on a company i had given up on. let's tack on this chart, kind of like the chinese netflix. just like jd.com, the stock got crushed, before performing a double pattern so the stock sank nearly 7%. right now, they're trading at $56 and change now, the stock has a ceiling of about $70, but if it can break out above that, fitzpatrick
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thinks it can go to $85. so takes out this, goes to that. bottom line, after today's brutal china selloff around the world, it's worth considering what some of these chinese stocks are in better shape the charts suggest that the best of china's internet companies may have already bottomed, although you should wait for more of a breakout before you start buying the stock i don't know if he's right and i don't recommend buying any chinese stocks, but it's always worth giving the other side of the trade some serious consideration. that's what i like i love the seriousness of what they're up to there. hey, how about chris in new york chris.
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>> caller: mr. cramer, boo-yah >> boo-yah, chris. >> caller: my condolences on your eagles, sir >> we could have beaten any one of those two teams yesterday, but go ahead >> caller: by question is alibaba. in my leaf, it will rule the world at one point how do you feel about alibaba. >> if you had to own a chinese stock, that would be the one i would say. i would buy it in calls. there's a lot of upside if we do a trade deal, that stock could go up 40, 50 points. john in oregon, where my daughter lives john >> caller: boo-yah, jim. >> boo-yah >> caller: my dad is looking for a good company to buy when things are real cheap. we've both been interested in united states steel for a while. so your thoughts on it >> it caught a downgrade today
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the down grade was compelling. that left me with new corps, back to $57. best in show, 2.7% yield very good dividend buy some new corps today's selloff may have margins driven by china, but it's till worth considering whether the best of these chinese stocks may have already bottomed holy cow much memorial "mad money" ahead. i'm talking with the ceo of logitech to find out what is ahead. and then you're getting a dell at a discount. does that still mean it's worth buying and all your calls on the lightning round. so stay with cramer. (vo) we're carvana,
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the qulo februaglobal-e spoy is on fire logitech raised its guidance, but can logitech continue to win market share >> at the end of last year, we saw a major meltdown in all things technology, and many of these tech stocks are down
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dramatically from their highs. take logitech, makers of keyboards and mice, mobile speakers, remote controls and gaming equipment when logitech reported, the stock got obliterated. today, logitech reported again, another very good set of numbers, and it barely got any bounce, because it was such a heinous session. management raised their operating income for 2019. again, it wasn't perfect logitech missed wall street's estimates in three of nine product categories still, there's a lot going right here, and the stock pulled back nearly 30% over the past six months let's check in with the president and ceo of logitech to get a better sense of the quarter. welcome back to "mad money." >> hey, jim, thanks for having
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me >> i've got to tell you, before we got this session started, your stock was up big. people were reacting to the fact that you had amazing gaming numbers and it seems to be worldwide. >> yeah, we had a strong quarter, up 8% overall, oug bierest three categories were all up double digits and profit numbers up 22% >> in the conference call, you said -- you through it out there, but east boards is destined to be the world's largest spectator sport. >> i totally believe this. one of these days i'm going to come on a show with a chalk board and draw a picture, and what you would see is that if you're under the age of 25, you're so into gaming relative regular sports so those people are now
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watching -- they're spectators of e-sports on line. so those people are going to grow up. as they agree up and have kids, it's going get bigger and bigger >> we know that electronic arts, they disappointed. but maybe we have to be thinking about fortnight. maybe that's what has taken over and it's for real. >> you know, i think fortnight is absolutely for real we always believed there would be game titles that would come in, as this e-sports rise happened and explode and for the first time in six years i was here, we saw steady, strong increase by overwatch and the games already out there. fortnight is the first to really explode and i think there will be others. >> i want to talk about, in the fall, there were reports that said you were mulling buying
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plantonics for $2.2 billion. i felt it was surpu-- is the st true and did it make sense >> we look at so many acquisitions every year, probably a hundred plus. none of them efficient make it into the press unless we do one. this one did get into the law, and we h-- get into the press ae had to confirm it by law but it wasn't meant to be. >> fair enough you talked about mitigation actions because you have equipment that comes from china and you talked about relocation of manufacturing can you tell people why what is that like? >> yeah, we're an expert in relocating manufacturing
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we make about half of what we sell but the other half, we have somebody make it somewhere in china. so we're used to moving between our own factory and somebody else's factory so part of our mitigating actions has been to move some manufacturing out of china this is a system where it's a tried and true process for us. >> now, i love your speakers, the bluetooth speakers category got too comcompetitive. >> the category went on a tear for four, five years in a row. so now it's crested and declining. but the good news is we have this portfolio just like an investor can have a portfolio, our secular or growth across the aggregation continues to be very strong, and we can manage the volatility with any of the single categories so it's actually -- i love the strength of the portfolio as a
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way to live in a world where you have multiple categories and you have multiple dynamics >> talking about the notion you had negative organic growth. it didn't seem like you disagreed with that, just that you were saying the compares were difficult >> yeah. they were talking about the u.s. alone. what i said was, a year ago in the u.s., 50% growth in bluetooth speakers and 30% growth overall if you back out the acquisition, the two-year growth would be 14%, 15% so we're not worried about our amr or american business >> one last question to e-sports do you see an era where we'll have many, many students from the get-go, fourth, fifth, sixth grade trying to be good at this so they can get ncaa scholarships >> i absolutely see it, and i think you're going see it sooner
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than anybody thinks. there are some colleges starting to offer scholarships for e-sports athletes. and'9" will grow like wildfire this is going to be a very big trend. >> i completely agree with you today was an unfortunate day to report because the market got hammered great to see you, sir. >> great to see you, jim thanks so much >> the company had a tough day to report. it wasn't a tough quarter. "mad money" is back after the break. i'm ken jacobus and i switched to the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. which i used to offer health insurance to my employees. what's in your wallet?
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lightning round is sponsored by td ameritrade it is time it is time for the lightning round. [ indiscernible and the lightning round is over. are you ready, skedaddy? time for the lightning round start with joy in illinois >> caller: boo-yah, jim. how are you doing? >> doing well. how about you? >> caller: very good, my friend. helping us make money heerl. just a quick question on nvidia.
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>> i think nvidia is trying to bottom here. i am willing to say -- >> buy buy >> i bless it. craig in new jersey, craig >> caller: boo-yah, jim cramer >> boo-yah >> caller: from your backyard here in new jersey >> close enough, what's going on >> caller: thanks for taking my call >> my pleasure >> caller: i'm a holder in lgnd pharmaceuticals. >> you're a risk taker, my friend that's a risky stock i don't know makes a little money, but i have to tell you, i don't like the trend. i think the stock can go lower i would be careful let's go to chris in colorado, chris? >> caller: this is colorado chris, jim i have a question on my stock is eix. the competitor seems to be bringing it down >> i don't want to invest in
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anything in california i don't need the aggravation if i do utilities, i want to sleep at night con ed, and american electric power. let's go to ralph in washington, ralph. >> caller: hi, jim, this is ralph here should i continue buying arcd? >> i do prefer j.b. hunt, which had a very good quarter. let's go to dennis in new jersey, dennis >> caller: hi, jim thanks for taking my call. >> of course >> caller: the stock i wanted to ask about is from your old stomping grounds, it's isbc. >> investor savings. i've done a lot of business by them when brian moynihan was talking
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about many more banks combining, i thought about investors. that said, new jersey, not a great state for business and the banks have already had a big move betty in michigan, betty >> caller: hi, jim boo-yah to ya. thank you for taking my call alb. >> we had a big downgrade last week i think this is a cycle is over for this one avoid this stock, but cathy in indiana. cathy. >> caller: hey, cramer, how are you doing? >> doing well. how about you. >> caller: doing good. this is my fourth call i appreciate you taking my call. i've got to tell you, cramer, investing starts a conversation that brings these three generations together like i haven't seen before. >> i agree go ahead >> caller: it's great. and we learn about the world at the same time.
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my question is about microsoft i trimmed my position, which was good but i think i might have trimmed a little too much. >> don't trim anymore. we did the same thing for the action alerts plus club. we're done selling thank you for the kind comments. let's go to ceasar in california -- sorry, cathy in california, cathy! >> caller: happy new year, jim cramer >> oh, same. >> caller: i bought kmb in 2010. after a few years, i had 100% profit i took my profit off the table. but none of my gains are beating my index fund, so it seems like it's time to scale out >> you don't have much time. they report the 23rd, and we'll
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see the number and that, ladies and gentlemen, is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪
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dude, you're getting a dell. last year, dell technologies completed its process of returning to the public markets. [ applause ] so what do we do with it
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this question is more confusing than it seems. dell has been private for the past five years and just came public again through a bizarre process that's difficult to fathom although you could own it via a tracking stock i like dell here the stock is too cheap to ignore but we need to catch up with what's going on here the dell technologies is very different from the deltha went private in 2013. for starters, in 2015, the company acquired emc a major player in hardware and software overnight, dell went to an enterprise kingpin and they have a major cloud infrastructure play, and one of our cloud kings.
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what a great story that is with the emc deal closed, dell changed its name to dell technologies this is where things get confusing. last year, dell explored several different ways to become public. dell offered to pay cash for the stock. and now all that drama is a thing of the past. when dell started trading on december 28th, the one that you can go buy, it took off. by january 2nd, $29 stock. since then, $it's pulled back to ldz $44. they have a big pc business, but it has a lot more enterprise exposure, which we like. the old dell that makes computers and all sorts of
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storage solutions, but there's vm ware, dell's cloud king subsidiary put it together, and dell technologies has a lot going for it dell is one stop shot for all your corporate information technology needs yep, the new dell was all about enterprise spending on hardware and software keep in mind in the latest quarter, dell's infrastructure solutions group, the corporate i.t. business, grew at an 18% clip. and vm ware remains fabulous, with sales up more than 15%. it's not -- i've got to tell you, it's worth noting that the pc business declined in the fourth quarter worldwide the new dell technologies isn't quite finished knitting itself into a single integrated business that's good for you. as the process goes on, the
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company has an opportunity to improve its gross margins. now, the best bearish argument, man, what a balance sheet. hideous. they boarrrowed to go private, n even more to go public now, a lot of it doesn't come due for five years, so there's some real refinancing, but maybe we shouldn't be that concerned but i don't like that much debt. but we may be near the end of the technology investing cycle i think the spend is far more secular, meaning it's going to go like this, than cyclical like this we have had several years of elevated technology spending, especially from corporate customers. that spending got a major boost
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last year from the taste cut but now we have annualized tax reform so investors may be less willing to shell out large sums of money. but i think it's imperative to keep up with competitors spending might pick up again now that the fed has eased up on its plan to raise rates. if you want to open dell, maybe the biggest issue with dell is about corporate governance the company may be publicly traded again, but that doesn't mean public shareholder also have any influence on how the business is run. dell technologies remains under the control of michael zeldell,e hones 55% all by himself you have to rely on michael dell
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to care about michael dell well, you've got to deliver good numbers. i like his strategy. i'm not thrilled when it comes to shareholder voting. but i think the positives outweigh the negatives dell technology stock is dirt cheap at these levels. that means dell is trading at less than six times 2021 fiscal year earnings estimates, which is insane given that historical michael dell has been a good star ward of his investment. at these devils, the negatives are baked in and the positives are not, something that's more obvious when you can recall that dell stock rallied today, even as the rest of the market crumbled and believe it or not, i think there will be people who think about this like they do ibm, and take it up again tomorrow. michael dell will be on "squawk
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box. he's in davos tomorrow morning now that dell technologies is publicly traded again, i recommend the company is far from perfect but that darn stock is too cheap to ignore. you know what it is? it's a -- >> buy buy buy >> stick with cramer to prepare them for the future of work. we go into classrooms and we teach entrepreneurial skills and leadership skills. when you actually create a business when you're in your teens, it raises your self-confidence. junior achievement is really unique because they inspire young people to think creatively. the citi foundation's pathways to progress initiative helped us reach kids in over 50 countries. citi has also loaned us their executives and their employees to help us deliver our programs. our youth are three times more likely to become entrepreneurs and they're more likely to create jobs for others. they are going to bring an entrepreneurial spirit to making our world a better place.
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♪ your but as you get older,hing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. ♪ hawaii is the first state in the u.s. to have a hundred percent renewable energy goal. if we don't make this move we're going to have changes in our environment, and have a negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪
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if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ important this morning, the big position in ebay they talked about the idea that it should be split up if you own ebay, please do not sell if you don't own, consider it. i think the value may be as much as $50 for this $33 stock and i want you in there. so far, my work verifies what elliott is saying about so many of the divisions, that i think it looks like a very attractive, limited downside situation, ebay, which i have not liked for a long time. there's always a bull market somewhere, and i promise to find it just for you here on "mad money. i'm jim cramer, and i will see you tomorrow >> welcome to the shark tank,
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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." ♪ i'm oliver. and i'm sam. and we're best friends and business partners from denver, colorado. we're high school freshmen, and we've been friends since preschool. sam, what do you think about this? i like it. oliver: our moms and dads are entrepreneurs, and they've always encouraged us to think and tinker and invent, and it's just really in our blood. sam: one day, oliver and i were enjoying one of our favorite treats, and an idea came to us -- a solution to solve a very sticky problem.

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