tv Mad Money CNBC February 15, 2019 6:00pm-7:01pm EST
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mike. >> cbs is cheap. june 50-60 call spread is cheaper. >> dan. >> nike i like april put spreads. >> guy. >> it's just an honor to be here on set. >> it's great to have you. >> carter is in the caymans, i hope he's watching have a nice, long weekend. >> see you back here next friday "mad money" starts right now my in addition mission is simple, to make you money. i'm here to level the playing field for all unvestors. there is 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. some want to make friends, i'm just trying to make you money. i am going to teach you. so call me or you can tweet me. now if you see the princess bride, you know the blunders, never get involved in land in asia and never go in against a
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sicilian when death is on the line today we need to have a third one. never underestimate the power of a trade deal the stock market caught fire today. the dow turnsurging. nasdaq gaining 1.6% because we heard positive chatter about president trump's trade talks with china if we get a deal, economies could start growing. without it, weakness will be exported to the rest of the globe. $17.7 trillion in line there i know there is a lot of sun six right now. can a trade deal really reverse the trajectory of slowing earnings something that now a given by most economist who's opine on the issues you bet it can if we get a deal, even a big deal, i think there are so many international companies or companies based here can rally at this point the earnings estimates are too low. a traed deal translates into higher earnings and higher earnings lead to higher stock prices what is bizarre, the rally
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wasn't isolated to the stocks with tons of chinese exposure. manufacture the teches and retailers soared higher. many, but not all. facebook, amazon, netflix, alphabet, faang went high. they don't have any china exposure you know what is happening money managers keep using them as a source of funds to buy other stocks now i've been adamant that we're not going to get a shake and bake deal with china there is a lot of negotiation ahead f you're worried that a deal is impossible and if you believe the tariffs will go from 10% to 25%, today's news is reassuring hence the 440 point rise in the dow. the domestic stocks boost now that we know a second government shutdown has been on the table with that in mind, what is in the game plan for next week? monday's president's day love that. this but when the market opens again on tuesday morning, we'll hear from walmart and med tronic i expect walmart to beat the numbers and tell us about the
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plans to bust amazon by delivering food right to your fridge the fact that i can say that with a straight face tells you how much better walmart's digital team has gotten. when i hear about flip card. did they pay too much for the indian thing if they change the laws medtronic, it shaded down the earnings forecast. we were in j.p. morgan urge you to buy it in that weak decision i pounded the table. now medtronic is up ten points if management is too cautious this time and the stock pulls back, you have to buy it again mbt. cvs health, see the stock today. see how it is moving up. cvs is transformed itself from a brick-and-mortar chain to a diverse feud health care company that doesn't have to worry before b. direct competition a lot of investors are worried
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that cvs may cut the forecast. i think many people are waiting for the quarter to get out of the way. get the lower rating get the lower numbers before they buy the stock either cvs does shave down the guidance the stock may jump as long as they don't take the full year earnings estimates below $7 that is the magic number if they don't cut the numbers, this thing is going to $75 in a straight line. that's one reason we own cvs you can follow along with our moves by joining me actionalertsplus.com club. i gave a conference call and i really pounded the table on it i feel so confident about cvs next week we hear from balsh health i had them on the show many times. you have to be impressed by everything joe poppa has done to revitalize the drug company. we'll see more progress. many people put up a lot of debt on bouchy. but there is no short term pressure on.
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this no money comes due instantly. the focus will be on new drugs the stock is trading seven times last year's estimates, it's too cheap to ignore. i like baush health. if you can prove you have nothing to do with cell phones, your stock may be a winner otherwise, not so much analog devices is a winner it is iot. i believe they'll put up a good quarter. dwoeld which disliked the car rental stocks for a while correctly by the way, suddenly went optimistic on avis. stayed negative on hertz so i'm willing -- i wouldn't go on a limb like this unless it's okay i'm willing to nfendorse avis safety stocks, we're going to put that to the test when we hear from hrl, the paurrent of spam to i didn'ty more to organic applegate farms.
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justice, we have that in the pantry holy good guacamole. we make our own good wag moly. there you go anyway, i think these latter brands are the reason why hormell stock let the other companies in the dust. thursday morning we get results from one you know we like. we did a shoot from it n norwegian cruise line. he runs a tight ship when the cruise stocks are saggy, they held up better this could be a standout to potentially reignite the whole group. the travel and leisure stocks stood out. i'll be watching norwegian like a hawk can they keep the momentum going in a time of rising labor cost the answer is yes. not because my wife lisa loves that double cheeseburger had, she gets the double date with the bacon, who can eat that much anyway, a few weeks ago
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restaurant brands, they put up an excellent -- she doesn't watch the show i'm not going to take any heat put up an excellent quarter. i think wendy's will do the same everybody is always so worried about that i think she doesn't know i'm on the morning show it's been seven years. we hear from dominos the stock is up 13.6% for the year, it's still down more than $20 from the high for heaven's sake interesting. now we recently had the ceo on the show i thought he told a good story this is a fabulous long term winner i bet it will continue to deliver. business joke p after the close, this is one of best tech companies out there. i caught a tech company because until they used the technology to beat the heck out of h & r block. it's a wild trader expect a good number i pushed it really hard after that last quarter. i also want to point out the best time to bite stock is when it does go down. because there are a lot of stupid people in the stock a lot of people that are not advised.
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we hear from auto nation which sells used cars and beginning to see stock pick up life i've been a reporter of the related autozone what a buy i told you they were just incredible stock. when they get better with time as people go for longer periods. finally, the uncredibly controversial wayfair. the online furniture retailer. it is 35% for the year i am concerned given a much run monster short position the bottom line, money lovers may get a trade deal many people want to sell the news i say no i say stay the course. gene in texas? >> happy friday austin, texas. >> i love austin who is this moving to austin i just talk to go ahead what's up? >> caller: i need your short, long, and medium term opinion on the stock i got last week after er they turned a profit after a
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couple of years. it's a one trick pony stock. and it would help from the second trick now infer they have an app that syncs information. >> i call gopro. i saw a goat on a surfboard with a go-pro, i think that's as far as it's going to go. i haven't liked it since it was $90. someone else is going to have to recommend it i'm not going there. let's go to matthew in oklahoma. matthew? >> caller: what's up, krayemer >> not much, you know, looking forward to the weekend maybe have a cocktail. how about you? good. >> caller: i don't know really >> okay. why don't you mull it over i will mull it over. you don't want it to be monday without having done anything >> that's true that's true. >> i have horses
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>> caller: all right yeah under do you think l sbrandzbra long investment or is it a bad investment because of how poorly victoria's secret is going >> i'm going with the latter h i like growth. i don't like yield i like growth. i would rather see you in ralph lauren, rl, making a major come back i think that is terrific that's what we're going to do. okay i know cynicism is running deep. okay but the truth is a trade deal will be used for the markets i would not sell on the news i'd actually buy more. stay the course. on "mad money," johnson & johnson through down the gauntlet with news that they're acquiring a robot ikz company for $3 billion with competition heating up in the online food ordering space, i'm eyeing what you should do with a company that is the top dog. and there is serious cash spent
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in the animal kingdom. the stock is headed higher and i've been behind it now for literally 70 point i got the ceo. stay with "cramer! >> don't miss a second of "mad money. follow us on twitter, have a question tweet cramer #madtweets send jim an e-mail to madmoney@cnbc.com or give us a ss s at 1-800-743-cnbc miomething head to madmoney.cnbc.com. -i call it my comfortable future plan. -it's our confident forever plan. -welcome to our complete freedom plan. -it's all possible with a cfp professional. ♪
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internet that puts you in charge. that protects what's important. it handles everything, and reaches everywhere. this is beyond wifi, this is xfi. simple. easy. awesome. xfinity, the future of awesome. all right. here we go the last time we spoke to johnson & johnson in december, his health care conglomerate was on the defense they were accused of selling baby powder that contained a carcinogen and something my research said was no the case muchst the stock did plunge in a single day at the time i sold you this was overblown. if the allegations were true, they lost $40 billion in market cap. that is just not right
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even the lawyers suing them over that said that they should get the groove back up they're up almost 13% for the chris ma is eve lows j & j had a series of terrific mainlior announcements this year the nasal spray for depression used to be -- we'll talk about that just got a thumbs up from the fda advisory committee it will probably be approved quickly. we learned about them acquiring oris health, a robot ics compan. there's a lot to like here let's check in with the chairman and ceo of johnson & johnson and get a better read. welcome back to "mad money." good to see you. >> great to be here. >> i've not seen j & j on a roll like this in a long time you've been around for a long time i've been a big supporter. there is a series of things whether it is the new drug or the device i'll tell you, the watch
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you're the one -- you're talking about millions of people that can be helped. give us the story. >> it couldn't be a more exciting time at johnson & johnson. the past few weeks, first of all, we ended 2018 with great results. solid performance t double digit on the bottom hin. but even more importantly, since then, we announced a number of really important agreements that are going to end up impacting patients, consumers and are patients for the next several decades. now you announced a few of them. let's start with the one -- the good news we just got with the fda this past week as you know, there is more than five million people in this country who are suffering from severe treatment resistant depression unfortunately, as a result of that, almost 40,000 suicides are committed every year in this country. there hasn't been anything new in almost 30 years and to finally get a dmoucompoud that offers hope for patients and goes to work in a short period of time and also has good durability and offers them real hope and that's going to be
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something we could not be be more proud >> will it be used in a point of idiation >> of course, you need to see the physical first once they're prescribed, they can be treat bid a health care practitioner immediately you'll get a few doses. after that it, they'll be treated literally on a weekly basis, by weekly basis after >> will teenagers be using it? it's the leading cause of death of teenagers. >> we're studying. >> it's important. >> you know, clearly a huge unmet medical need all of us know veterans, family, friends who have been afflicted by this. and so to be able to bring something out, we're just so excited about it. >> you should be i'm proud that you're doing it my daukt's counsellor in this area there hasn't been anything new just like you said and they're desperate. we have to stop the suicide of the younger people. >> we absolutely do. >> okay. so tell me about the watch i've been a big believer that someone is going to take this
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watch and really develop something that is so useful and it looks like you're doing it. >> jim, we're the most exciting parts of my job right now is to see the technology that is usually equated with california and the west coast and whether it's ai, machine learning eastern, you know, robotics. you're seeing it more and more integrated into health care. and so with the remarkable partnership that we have now with apple, we're taking this technology built into the i watch to help detect things like atrial fibrillation earlier. we know there is over 35 million people around the world that suffer from this condition if we can detect that earlier, we can get them the right medication, help them be kplinlt on the medications over a longer period of time, ultimately we're going to save lives. it really shows how some of this new technology is coming to health care new, innovative, unique ways that he can wouldn't have even imagined a few years ago. >> do you think through artificial intelligence you'll be out to monitor a pattern?
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if the pattern defend aviates g the doctor heart attacks are preventable. >> that's right. that's what we're talking about. we're talking about algorithms built into the watch, monitoring it real time it can detect the anomalies, you know, far before something really manifests itself and the patient is going to recognize in terms of tomz. >> i think it can save billions of dollars in health care and lives are what matters this is what we need is preventative the oris position is unbelievable robotics the is way things are and the best hospitals have been using. this most of them, you could expand this around the world >> another great example of how this technology is fundamentally changing the way we're thinking about health care. today less than 5% of surgeries are done with a robot or digitally. in the future, we think that's going to be significantly greater. what we're so excited about is just as technology as changed the way we drive a car, think about it, you pull up the map system, whether you stee that light go on if you start to
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change lanes, think about that in surgery suddenly a surgeon can go in preoperatively, get utilized imaging to help him or her navigate the way specifically to the lesion they can actually get guidance and we know that's going to lead to better precision, better outcomes for the patient and better value overall for the health care system. >> my doctor used it he said -- i'm not saying anything is mistake free but there are huge number of mistakes and this ends most of them >> well, absolutely. think of it with the monarch zhim system so now if you happen to have a lesion or a tumor on the very far out section of your lung, they, of course, have to go in through minimally invasive surge troy do a biopsy or better diagnose what you v we take a tree and turn it upside down we can run this wire down through the system way out to the outer end of the leaf.
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and once we get there, we can do a biopsy we can use imaging in the future to actually, you know, determine what kind of a cancer it is. or we can deliver a therapeutic perhaps a new kind of oncology agent to that specific lesion or we can go ahead and cut it out those are the kind of things being made possible by the new technology at a company like ours. >> so exciting i did see last time to anything talc update. there is nothing new >> we put safety and quality first in all of our products and we believe in the more than 100 years of experience with that product and we'll defend it appropriately through the course >> i know there say company that filed bankruptcy seems like you guys are -- you have your position the position is fought over for a long time. and you've done, you know, more than your fair share i think you tried to explained what is really going on here. >> what is most important is people get the facts and continue to educate. and we think this will play out in an appropriate way. >> that's how i felt
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you gave me the facts. i looked them up you know how i concluded i'm just one person. i'm not the jury but i'm one person that is the chairman and ceo of j & j. i hope you understand all the exciting things they are working on they're a true health care company. your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity.
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when i hear someone talking about how the essence environment capitalism is competition. part of me wants to wince. competition is fabulous for consumers. for regular people none of us wants to live in a world controlled by -- but businesses hate competition. i don't want a level playing field. you want an empty playing field. that's why we're always looking for monopolies or slap happy and inherently any competitive business that's can charge the
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companies whatever they want they're bad for democracy. they're generally illegal when we have a government that cares about enforcing the antitrust act. but they're great for shareholders so whenever i see a situation where a company goes from having very little competition, nirvana, for shareholders to having lots of competition, the house of pain, it worries me i have to tell you, that's how i feel about the food delivery space right now. for years you had grub hub by far the largest the stock was incredible grub hub dominated this market there were competitors but they were smaller. they couldn't really compete on the scale that grub hub could. that's no longer the case. delivery market is intense and cutthroat. grub hub now has a host of well funded rivals. there is square's caviar, uber and door dash. you have companies fighting over the same pie, the profitability takes a hit. you have to spend more money on marketing and improving the service and then may need to cut
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prices to stay competitive that's why i'm concerned about the whole group. both grub hub and the soon to be public post mates. yes. i am worried about this competitive area the on line delivery business has never been hotter. restaurants desperately want to use the services to sell more food sell sell sell especially with millennials. they like to sit on the couch. they play the fortnight and have the dominos pizza. it's powerful. at this point the easy money has been made. look at grub hub which also owns a delivery platform from new york city. they were public five years ago to $26 and they worked up to the $149 last september. when they didn't have much in the way of serious competition, they made fortunes and the stock was a great investment >> house of pleasure >> then they reported in october
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and the quarterly results were fantastic, it was mixed. it didn't matter the company got it for higher than expected revenues they said the business would be a lot less profitable in than wall street was expecting y? grub hub said they needed to invest in marketing and expanding the network. the stock got slammed on the news maybe the market overreacted in the heat of a very bearish moment maybe they were one time, right? they reported just last thursday, the numbers, they were down right disappointing a modest revenue short fall coupled with massive earnings short fall daily deliveries were up 19% the earnings per share slafrpg by 47% the guidance for the next quarter and full year was down right grim long story short, grub hub is
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spending more money than they used to. we're talking about a down turn in profitability it is now $66 at the lows last thursday did you see that drop? amazing. down 20% but then the darn thing turned around they told a reassuring stock and the stock finished at $82. adam dewitt is like a magician explaining it to companies investing the future growth and making them feel like everything will be okay in the long run and the margins return to previous levels by the end of the year i'm calling this david blaine of cfos but consider me unimpressed. i'm too concerned that grub hub spending is more about playing defense against some of these companies than it is about playing offense. that brings me to the competition. so many other players are crowding this space. you have square, the financial technology company
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with the terrific caviar business p caviar is an amazing sfgs square says it could be a $11 billion opportunity. it is growing like weed. however, caviar's costs are growing slightly faster pace than the sales more importantly when square talks about this business, it is private as a part of a broader services ecosystem that is building for the customers we don't know where the caviares will lose and the way to get restaurants to use the payments and pay the systems. we don't but it wouldn't surprise me. and that does not inspire confidence in the broader online delivery space i think square is worth owning here h and then there is uber eats holy cow already the second largest player in the business and going to be publicly traded. now uber eats is growing like crazy. i think it represents a foremidable competitor it already has a whole network of drivers from the parent company. however, there was an article in the business last weekend. it's not profitable.
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it wasn't near profitable. now i'm a big believer in uber ceo. and we know uber eats is doing great business huge playses like mcdonalds and starbucks. the last thing you is want a deep pocket competitor like uber that can lose money to take market share then post mate, it is a economy based currier company that is going public this year post mates is already in more than 3,000 cities. they have a subscription service on part of a per delivery basis. that's a good business you are going to hear more about the companies as the ipo is proechs. if you put a gun to my head. i would say take the gun away. but if you ask my opinion, i'm not sure i could recommend it in this environment and then there is door dash. larger than post mates staying private. they're unusual. they're now focused less on lowering costs for consumers and boosting sales for the restaurant partners. no idea how that's working
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but the venture capital guys seem to be happy it with they just kicked another 1 there are billion and a much higher valuation than the last round of funding. i was astounding those are the big ones then you have deliver ruin in the uk how about the former ceo of uber, he is launching cloud kitchens danny myers is investing in bold belly. we had had them on not long ago. put them together and the delivery space is feeling mighty crowded. when grub hub had the on line delivery industry to itself, the stock was huge now they have all these competitors nipping at their heels. the market share is waning and so is their profitability. and it's not just grub hub this is a case where too many cooks spoil the pot. delivery may be booming. you may love it. but that doesn't mean there is a good way to invest in it much more "mad money" ahead h can the move continue. i'm talking with the ceo then what is in for nvidia
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something with potential to give you massive multiyear emphasis not short term but multiyear gains, i won't shut up about it i don't want you to miss it. that's why i spent years of talking about the humanization of pets. the idea we spend more and more money on our companion animals we treat them like members of the family of that's what you should do. when you treat your cats and dogs like they're your children, you spend a fortune on health care which brings me to the huge animal health care company that makes drugs, vaccines and medical devices for pets and livestock h yesterday was a spectacular quarter. the stock fell to $5 and tacking on another $2 today. putting a buck way from the all time high. this is incredibly consistent company co. the stock have more room to run? take a closer look the ceo of zts hear more about the quarter eastern the company's prospect welcome back to "mad money".
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once again, just an amazing quarter. i was concerned. how can they top it? but you clearly did. and some of it might be something that we haven't even talked about yet we have not talked about diagnostics. >> it's integrating very well. we're doing all the things that the tool companies are working together t providing now to the kpusts a percent of products services everything that is in the hands of our team. and providing the type of products for our customers i always trying to get you to talk about a vet, you go in and it's cash. it's a real -- you know, it's a business its no the federal -- it's not medicare but people do anything and diagnostics is what we need. and they have been abysmal >> yes but i think it's even more important in pets in animal health than in human >> yeah.
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>> human people they can talk and explain. animals, they need to -- they need to run tests. to snow exactknow exactly what t do >> when you do something for pets in animals, i have it memorized, don't worry we know that pain is not something we can address but you're addressing. >> we are. and not only addressing, the company that many years ago define the market for first time and now we have a problem which is p insect. but the more important is we have in our pipeline an ability that will be treating pain for dogs and cats. and this will be something that definitely will be good. >> i rescued a cat we have a lot of rescue animals in our family. i rescued a cat that had a ring worm on it we kept watching and watching and the cat -- i see you're starting to recommend more top call things for things that anyone that has -- who goes for rescue animals has to expect
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these things, right? >> yeah. we have always having problem for cats but now in the u.s. we have new medicine for cats called prevention plus. it is combining two active ingredients. the active ingredient for sim pattica. it will have trongstronger proto for fleas, ticks, and heart worm >> you have one we use it is strong hold. i just -- we rescued a dog that had, you know, the dog threw up and you saw the worms on the floor. a lot of people don't understand when you get a dog or cat from a shelter, there are things that go wrong you have stuff for that too. >> we have we have already products that are providing treatment with single pill for the internal parasites. but more important, in 2020, we expect to launch something that we call a top call
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>> what is the triple combo? >> it is combining the active ingredient of sympatica with another tool and this will help for protection for ticks, fleas, and also internal parasites, heart worm will be protected -- >> with one drug >> yes. >> we do so many drugs right now for all of those sfwlchlt ye >> yes this will be an auto formulation. one month. protection one pill and then it will be a very nice problem. >> with food >> no, you separate it it will be a pill and then something that will be there the pet owner feed to the dogs and you have full protection for a month for naes, ticks, and heart worm >> i know there are a lot of trade tensions with china. you pupt a factory in china. you're doing great there >> we're doing very well china now, the third largest country. so first it's the u.s.
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the second is brazil the now is china >> i'm glad you mentioned brazil they take their pets very seriously. they were the first to do immunization >> yes but brazil now is growing very fast also. what has been always very strong in livestock and beef and pork and puoultry and now companion animal is very important and we have been extremely successf successful interaction >> i want to ask you about one that is -- the cyto point. people need to understand. these are blockbuster drugs. in other words, you have drugs that are huge. we mentioned a bunch of them but the ones that you breaking out now are applequill we didn't even have that and that drug is down, now $400 snl. >> $465 million last year. >> and you told us it was big people didn't know tell people what it does
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again, unfortunately a lot of our dogs are not in good shape it is something that's been a real terrific saver. >> it's treating allergic reactions and the conditions in dogs and well, it's something that has been working extremely well. we launch it in the u.s. four years ago and now in total sales there are 464. but then if we add also another product that is also treating allergies which is an injectable formulation and cytopoint, combining the two, it's close to $300 million per year. >> those of us, if you know, that means you don't have to wear the hat you don't have to put the -- it's like a giant lamp shade you don't want your dog to have to wear it you're doing great things for pets we pair passionately about them. yes, okay, so you make money too. there is nothing wrong with that that's the way the ceo likes zts. look, if you have a pet, you
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it's time. and then the lightning round is over are you ready? susan in indiana susan? >> caller: hi, cramer. i love, love, love your show >> you're dynamite thank you. >> caller: i have a question we bought disney stock for our daughter 24 years ago when she was a baby the compensation is should we buy or sell? >> no. you don't sell disney. bob eyeinger is doing an amazing job. i don't know about the next couple quarters. you know with over the top but i think long term you want to own disney very badly dave in california dave >> caller: boo-yah, jim. >> boo-yah, dave >> caller: american super conductor is on a terror >> oh, my god.
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i think it's been too hot, frankly. i think we have to let some go i don't have that level of conviction up here marie in florida >> caller: hey how are you? >> good, how about you >> caller: fine, thank you for asking thanks for taking my call. and i just want to say how much i appreciate and respect the insight that you share with all of us on the other side. >> you're very kind. you just made my weekend what's happening >> caller: you're there day and night. my question is this. i've been holding atdi for some time now a big part of it i saw the earnings release the other day. and the stockmovement post so what is your call on this company? >> no t look, they had the bounce i'm not saying it was necessarily a bounce that wasn't deserved the company is not as bad as --
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it's now settled in. i think i'd rather own ea on the way up let's go to darren in minnesota. darren >> caller: boo-yah, jimmy. thank you for taking my call >> of course >> caller: i got an interesting one here i took a position in a stock last year that made me some serious mad money. but in recent filings they showed a large gps on declining year over year revenue and they're getting back to even which is a great book. that is a red flag should i take profits on pcmi or hang on? >> pcmi? to me that is a copycat company. kind of online mall. i have to say that i would sell. i sell that one. tim in kentucky. tim? >> caller: good afternoon, jim >> what's going on, tim? >> caller: boo-yah to ya from southeastern kentucky. i want to ask you about arrow
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head pharmaceuticals arwr >> that's a really hard biotech. i did the biotech bible for the street i'm so out of touch. i have to come back. like manufacture the biotechs, i can't say it looks great i have to see what is in phase one, two, three and what is about to be approved wow. cool name. adanis in illinois >> caller: jim, you're a legend. thank you for taking my call thank you for everything do you for your viewers >> you're quite welcome. >> caller: jim, i like to get your opinion on ticker symbol cmg, chipotle. >> brian nickel has it going buy, buy, buy. >> the ad campaign is brilliant. the food never lost the edge and by the way, he knows we ordered on fridays, the whole time we never gave up on chipotle a lot of sunshine soldiers there. a lot of the patriots. all right. how about we go to chris in new
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york >> caller: hey, jim this is chris out of buffalo, new york how you doing? >> well, man, you're like my friends, suffering with the bills there. what's up? >> caller: i just wanted to say thank you for inspiring me to start my charity trust i distribute cars to the needy in my neighborhood. >> good man. >> caller: calling about cve tonight. >> number obviously, i'm not going to recommend fossils but that one had a nice little move up. i would say sell sell sell how about paul in california paul >> caller: hey, jim. thanks for taking my call from the 15th tee at carlsbad crossing i'm asking about docusign. >> i like them i have them on the show. very, very smart company and, look elie may just got a bid. put that way how about we go to bob in
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indiana? bob? cramer, thank you for taking my call been a regular viewer for ten years and thanks for all that i learned about investing. >> that's the goal, to teach you. is the show nutty? give me a break, it's a show about stocks it better be interesting what's going on? >> caller: many my stock is loco >> you know -- >> i like. this i got it wrong. i stuck with it. and now we're getting back up. i got to tell you, i can't i'm -- i fear this the house of pain and that ladies and gentlemen, the conclusion of the "lightning round. >> the lightning round is sponsored by t.d. ameritrade >> i've got you the perfect valentine, trash >> just a sec. that's new normal. do i have time for a quick nap
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do i have time for a quick nap and at least for now -- oh, come on. look >> mr. green jeans nobody seems to care i'm just on tv what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ when did sleep become something that requires effort, like an obstacle we have to overcome every single night? with tempur-pedic, it doesn't. and now is the best time to experience the most advanced pressure-relieving material
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last night nvidia's ceo pretty much called the bottom of the stock. he explained on a conference call that was much more upbeat than what we heard from the company a few weeks ago. the world needs more computing that simple statement is the main reason why nvidia can turn things around. the time frame, that's a different story. nvidia is called one bottom already and that didn't pan out. the retailer that's sell the graphics cards have way too much inventory like a pig being swallowed by a python. so has the pig been digested first he gave me the data center the come back of cryptocurrency. that is the chief reason this business fell off a cliff in the first mace anything high power like artificial intelligence or machine learning or autonomous driving, can you use it. i think they're the leader in the market nvidia's stock was cut in half by two missed quarters they couldn't forecast how weak the end markets were the latest quarter that showed
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horrendous deceleration from the previous three months tells that you people are chomping at the bit to own this one. i don't ballistic missilame nvin it wrong imagine if they had the chinese gaming market cryptocurrency got beat and they had a subdued pill of pace even though it was supposed to have no economic sensitive to speak of. layer on top of that a different transition to necht generation of graphics chips. that is the touring line which had more power than most people needed in a time when the market was already stuffed with lower quality chips. well, transition that, is always a problem. so why is nvidia feel more sanguine they see the data center buildout coming back online. they see the explosion of fortnight and other free multiplayer games which translates into more demand forever the graphics processors. the games are free the company believes there will
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be more, far more players. so far that has proven to be the case this he see dell, hp and le in. o. vo this he soo no further slowdown in china it's now been over a year since the krip he could crash began. so they've had had enough time to work through the excess inventory. remember, nvidia misjudged the market cryptomining used the same chips and they thought crypto was a much more chunk of the business than it turned out to be that's a lot of bottoms to call at once. the question is, why should we believe them simple because nvidia is not a cell phone semiconductor company. it's product cycles are unique with only amd really being comparable and amd pretty much called the bottom too hence the parallel rally in the stocks. so was it just a pause a nightmare visited upon a visionary company? no nvidia is a company with the products that suddenly saw the quota evaporate for a variety of reasons, not all of which are in the rearview mirror.
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we know they're right roo about the driving need for more computing power. that's why the stock can rebound. i also think you need to be careful not to be too enthusiastic there is no reason to rush now something that the people by the way that bought nvidia at $162 this morning as the stock gained back much of the gains and closed at $157 stick with cramer. that's why we designed capital one cafes. you can get savings and checking accounts with no fees or minimums. and one of america's best savings rates. to top it off, you can open one from anywhere in 5 minutes. this isn't a typical bank. this is banking reimagined. what's in your wallet? hey, how ya doing? uh, phil. are you guys good with brakes? we're ok. just ok? we got a saying here. if the brakes don't stop it, something will.
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that's not a real saying. it is around here. i wrote it. just ok is not ok. especially when it comes to your network. at&t is america's best wireless network, according to america's biggest test. now with 5g e. more for your thing. that's our thing. guess what day it is? guess what day it is! huh...anybody? julie! hey...guess what day it is? ah come on, i know you can hear me. mike mike mike mike mike... what day is it mike? ha ha ha ha! leslie, guess what today is? it's hump day. whoot whoot! ronny, how happy are folks who save hundred of dollars switching to geico? i'd say happier than a camel on wednesday. hump day!!! get happy. get geico. fifteen minutes could save you fifteen percent or more. i that's the retirement plan.e, with my annuity, i know there is a guarantee. it's for my family, its for my self, its for my future. annuities can provide protected income for life.
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learn more at retire your risk dot org. two really good ones tonight. j & j and wong i think they'll go higher. j & j is really down too much because of the that -- some of the let's say headlines about the lawsuits but now you heard what they're really doing okay this is major, major blockbuster on the horizon they did some great things with the digital device i got to tell you, they really nailed it with the apple watch i'm jim cramer and i'll see you next time!
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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." ♪ to make babies' feeding time easier. ♪ hello, sharks. my name is martin hill. and i am the owner and creator of the beebo. i am seeking a $200,000 investment in exchange for a 20% equity stake in my company.
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