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

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yield punting. ike looking at the tlt that got rejected six times last year >> you're punting, got it. >> that does it for us here on "fast. don'got anywhere, "ma 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 isn't just to entertain but to educate and teach you and put this tough market in context. call me at 1-800-743-cnbc. or tweet me @jim cramer. we're having a subterranean home sick blues moment here because you do not need a weather man to know which way
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this market blows. just need to follow certain key stocks to give you a good read on the situation better than talking about the average, still after one more day, one more nasty day with the dow lost 200 points, s&p plunged 0.81% and then the nasdaq 1.13%, well you need the right tools to navigate through the troubled waters tools to help you recognize when the market is ready to change its mind and break out from the bearish malaise. that we suddenly find ourselves in the tools, it costs a fortune, a trick trading machine, source of data -- no it's simple. you need to have the prices and charts of half a dozen stocks that tell -- let's just say they give you the feel, okay, they tell you the tale of the tape of this market. because the action in these games will give you a sense when the averages are ready to turn we had a lot of positive action
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today believe it or not, but it's not there yet this is what i developed a decade, back when i worked at goldman sachs. when i was on the road, beating the hustings for new clients i'd pull up at a pay phone with a stack of quarters. oh, to everyone under 25, it's an ancient device, you put money in the slot and you speak, not text, and speak to another human being. oh and then i call in to the office to see what was going on that was -- there was no time to chitchat we were always very busy it was goldman sachs for heaven's sake. it was all lightning round all the time i could squeeze in quote -- a request for six stocks before my partner hung up on me. six stocks to give me a read on the coloration of the market and where it's headed over the next few days if not weeks. i do you have asked walter about where the dow and s&p were, but then it was off to the individual six keys to the
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market which stocks which i would have asked him today on the pay phone? first, we have a gaping hole, and you know what it is, the transports they have been done -- a total nauseating down ten straight days pummelled by relentless selling. i could ask about the dow jones transportation index but it's filled with flotsam and jetson i asked how is fedex, the most emblematic on what's happening in the market and to the transports averages. fedex has fallen off the cliff here holy cow, the stock seems incapable of even one iota of stabilization. let alone a brief respite from the sellers. more importantly they report in two weeks and there's some major fobs going on here fobs -- fear of big sellers. who will bolt they're afraid of a weak quarter sell sell sell sell sell it shed $5, 3% a common theme of the stocks i'm talking about.
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here's the thing we're not looking at fedex to get a read on the fundamentals amazon is using them or not, okay, whatever we're using -- the stock is a referendum on the possibility of a recession. fedex is a global shipping -- they touch on nearly every aspect of worldwide commerce it's a stock this stock tells you whether or not that people are afraid of the slowdown important concern given that the european central bank cut this morning. this stock would indicate fed chief powell has our back now. i think this decline of fedex is based on the rearview mirror when it was strangling the life -- the life out of the economy. but powell has changed his tune. he's with the good guys. right now, fedex is being beat on the pulp by the shareholders. they assume it's too late to avoid the recession but i think the reality is much better than that down ten straight days -- i don't care as long as the stock at fedex
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keeps going down we know that the sellers do fear a recession. before i can get more bullish on the market, i need to see the stock of fedex reverse directions, a potential slowdown is baked in, meaning it can be ready to rebound and then the buyers will want back in they will be fomo, not fobs. this ship maker has been at the vanguard of the recent run macron climbs from 29 to 43, that anticipated a turn around back to growth and then they ran into the wall. in part it's fall on the $37 and change this stock can't find a bottom, i think it's because sellers are anticipating a major guide down when micron reports. at times it did trade higher, finished down ten cents. i don't know when they rally it's a sign that global commerce is picking up.
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because there's more chips than they're pumping out. macron may be worth a couple of points -- maybe a couple points, you know what that would do, it would ignite the semis to have the entire market go higher. >> house of pleasure. >> third, i'd ask for a quote on the workday. because remember, they were great leaders. the stock sold off anyway last week sell sell sell sell sell that marked the beginning of a brutal sell-off in the high flying cloud stocks. and it hasn't let up one bit i wouldn't trust any high roller to work until it starts bouncing the stock did spend a bit of time on the block, but it ended off off 68 cents it needed to finish in the black. you need to watch goldman sachs. goldman climbed out of an incredible chasm not that long ago. and it was like that chasm out
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there, ever been out to cornell, it was in thegouge i used to go up there, that made me think of it but then the stock is hanging around at the tangible book value and the ability of money you get if you liquidated anything, go out and buy yourself a sweater it exaggerates every move in the market even better than jpmorgan. a group that amounts to roughly 20% of the s&p without them pointing the way david solomon will be testifying in front of the hostile committee, led by maxine waters. goldman sachs rallied higher but still finished down a couple of smackers and in this market that's encouraging the health care stocks have been acting terribly and i'm afraid to say it. because i'm like affiliated with -- maybe i whisper it maybe -- if i whisper it, will people know it's me. okay
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cvs. cvs. cvs. you know i -- cvs. i actually like this one but i feel like i'm taking my life in my hands which is why when i say it's because my mike is over my -- i had my hand over my mike cvs is with aetna along with the -- it is considered to be a toxic stew i walked along the canal the other day and i thought i saw cvs swimming in it where the green stuff coming up. it's not even st. patrick's day. the ceo told alice that their forecast was too high, talk about a kiss of death. it's trading around $70 and now it's down -- it's down for 11 out of the past 12 days, it's down 24% from when i was in italy which was like yesterday the ceo -- let's say he came out here and he drank this bottle of red hot sauce i threw it many my eyes no, he said, you know what,
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we're still in business. i think the stock would actually go up. i don't know maybe i think that could turn it around cvs is emblematic of the sickness inflicting the market and they reloaded and reload and is only don't care what price they get that means your worst enemies are often your price insensitive shareholders anyone who doesn't care about the price can destroy the stock when they decide it. they're the worst enemy. don't touch the health care. they shed another 3% down and is down 20% for the year who the heck keep sells it here? it was up 38 cents at 7:00 that's ridiculous. just someone is going to blast that and they did. even down here they don't care. maybe the strength in costco after the bell is stemming from the huge beat might remind you that they have a retail component. this market had a leader not that long ago and that leader was facebook why? because investors thought the -- the future held at higher margins and we read that facebook is creating groups that
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are closed off to advertising, quizzical. i mean, when i saw that, oh, see, they have gone tone the university business. have they? anyway, unless facebook can shrug off the new found worries and sellers it's up for the year the whole faang cohort could be in trouble bottom line, discouraging day. watch the six key stocks fedex, macron. you can call in on -- you can use one of these things. you will have a real good feel for what's going on both now and in the future. right now the future shows that an oversold market at murky might be fine at the bottom but you know what in the case of it's a -- you got it let's go to al in louisiana. >> caller: hey, jim. bouillon i'm a big fan, man
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my question is pertaining to goodyear tire. i have been tracking them for the past couple of months. is now the time to buy - >> no no no. we don't -- hey, listen, we've got to get out of the house of pain you and me would be at the same address if we do that that's not the zip code but maybe the apartment building i want you to be in companies that are doing well whose stocks are doing badly, not companies that are doing badly and the stocks are bad oh, come on! i have more time for questions well, i have to do it at home. because i really -- oh, just a second a stock came to my mind. all right. keep an eye on the six which i think will give you a solid read on what could happen in the next few days fedex, macron, workday, goldman and facebook okay, "mad money" tonight, a puzzle of gold pieces, i'm talking with the ceo of barrick golds. then forget about hasbro and mattel i'll tell you why this is a new
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toy store for the market and one of the hottest areas of tech and you never heard of it i'll reveal the name so stay with -- and stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #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. -i call it my comfortable future plan.
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-it's our confident forever plan. -welcome to our complete freedom plan. -it's all possible with a cfp professional. ♪ -find your certified financial planner™ professional at letsmakeaplan.org. this is moving day with the best finain-home wifi experienceonal and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments
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then we got a new twist. the barrick gold led by bristow made a competing bid for newmont. and just when seemed that barrick was left for dead, goldberg and bristow met in new york city two days ago to bust up the gold corp deal and let barrick buy newmont. it is very confusing, so i was thrilled to get some clarity with mark bristow, ceo of barrick gold earlier today take a look. mark, a lot has happened since i have seen you last you have done a big deal one i applaud. it's terrific. and you're doing another deal now or -- isn't it time to call what you have, take a look and think you know what, this deal alone is enough and you don't -- you don't have to go after newmont right now. >> so how is it, jim, how are you doing? >> i come right to the chase this is getting too nasty.
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we have to drill down. >> this is about shareholder value, jim we're engaged in the constructive manner and, you know, at the end of the day that's all i want is how can we create real value in this industry for our respective owners and by the way, there's such a big crossover. whatever we do it's going to be good for everyone. >> well, you're talking about the missing billions i like that kind of talk because i want our shareholders to make billions how will you find them with this merger >> so, you know, the opportunity in nevada is to put which has been over 22 hours that people have been talking about it, so good thing is we are engaged and we are in discussion gary and myself have met already and we are talking so that's a good thing
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and you know they're capable of delivering a lot more and if you put the assets together and we unlock those millions, we can do it without issuing a single stock. >> well, that would be amazing i know but i have to tell you you have since sat down with gary goldberg but we have an interesting sound bite from gary about what he thinks of this deal and i want to play you what gary goldberg, the ceo of newmont said a couple of days ago. >> we took a look at it, reviewed it with the advisers wand our board and that whole approach didn't make sense we still believe the best approach is for us to continue to pursue the gold corp transaction as we are. and to work with barrick on a joint venture that can deliver this synergy values to both sets of shareholders. >> now, you have said joint ventures don't necessarily work, but you heard mr. goldberg he doesn't sound like someone
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who wants to do a deal with you. >> so he is -- as you know, there's been a lot of debate about the joint venture and that's a large part of the missing billions so i think, you know, maybe he's being a little defensive on the bigger deal but what he's said to the market and what we are engaged with right now is can we find a way to deliver real value out of where all this conversation started and worry about the rest later. >> you have taught me a couple of things and one of them, you have some great prospects in africa, but lately the congo has gotten hard to deal with some of the countries the more -- i have to tell you the more affluent you make them, the harder they play is this something that barrick needs in order to make it so africa is not as big a part of the pastiche, the mosaic >> you know, jim, the one thing about mining is high quality assets make money.
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you start with the top line at its highest. and you can't make serious, superior returns if you don't start with great assets. we had two great assets, barrick had three great assets and the potential to deliver two more. newmont's got a number of really tough flat assets and that is the dominant collection of tl-1 assets so we as leaders in the industry owe it to look to ways to maximize the return and you know the industry also needs a real genuine intro specktion. it needs to look at it's not created value for its shareholders, as you know we have always focus on that at rand gold and focused on the exact same philosophy in barrick. and i can promise you we'll continue to do that. >> all right well, look, to me -- it's such a
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good deal, why not tell goldberg, we'll slap on a 15% premium. give you more upside and walk away the other thing, gold corp. that's how valuable this is. let's make it happen how about we do that right now on the show? >> so i don't -- i don't give away premiums that i haven't earned and the logic about this whether you're looking at a joint venture and a bigger rearrangement of the assets in the industry the inherent fundamental logic, the industrial logic is so sound and it delivers value for all shareholders by the way, the crossover across the industry of shareholders is such that there's no exclusively. if you pay a premium it's like pinching from peter to pay paul. it doesn't work. what we need to do as managers is deliver value >> but what do we say to joe foster who runs vanik
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international, they are saying that they oppose this deal i mean, he's one of your biggest shareholder. i mean, he obviously thinks you're not creating value. he is the biggest in the game. >> he hasn't said that you're listening to the press, not what he said and wrote he said we need to focus on unlocking value. >> guilty. so he thinks -- so in other words, he thinks -- is there a price where he would come around and say this is a great idea >> well, he certainly has made a clear statement that he thinks the joint venture strategy is what we should be logically pursuing he says that at the end of the day, i think he hasn't opined on the greater transaction. but he's encouraged us to go and have a discussion and by the way
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it's the first time in the history i know where you have a hostile situation that two leaders of industry have sat down and said isn't there not another way to work this out >> well, that gives me hope. if you're a shareholder of barrick, listening to you. that something good is going to happen with at least novato. is that definitely the case? >> yes jim, i can tell you one thing. something good is going to happen, period nothing is off the table but we're not -- we're not there about creating crises for people we are only focused on value creation that's our principal guidance. >> one last question i guess it's not as dangerous to mine in nevada as the gold coast of africa. >> look. nevada is an enormously attractive destination geologically and barrick has some amazing assets. and so at end of the day, as i have always said to you we're
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equipped to manage world class assets wherever they are and nevada has its own challenges but it's very different to africa. >> excellent i know you do try to get -- to create the most value. no one disputes that that's mark bristow, president and ceo and not of rand gold anymore, but of barrick gold stay with cramer
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as this market turns treacherous, we keep seeing unsettling new patterns. company reports below the quarter but then the stock sells off immediately or briefly spikes up before giving back all of the gains and then some common denominator in the silt situations you have a large contingent of shareholders who are eager to ring the register how many times do i have to tell
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you a little teaching moments nobody ever got hurt taking a profit but this kind of action creates a cascade of selling they start to go south for no particular reason. they figure it's all over but the crying and they desperately rush for the exits. sell sell sell sell sell in order to get out before the fellow panic shareholders. they don't need to beat the bear out of the door, right they need to beat you. it's no longer fomo in this market it's fobs. fear of big sellers. who could run you over as they head for the exits sometimes though this kind of freakout can give you a fabulous buying opportunity which brings me to the stock i like, but it may turn around immediately and the stock is funko. controversial, tiny. $462 million company that makes little toys. i guess my pop would have called
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them tchotchkes. they sell consumer collectibles and think of tv shows, video games or musicians or anything else there's a demand for. you may have heard of their brands like pop and dorbs. and the figurines with the big heads. who doesn't like dead pool's bob ross or, you know, i think -- i mean, i like this one for instance richard. richard. exactly. now, they have been on a roller coaster. if you're coming public in 2016 -- it caught fire only to get obliterated during the market wide sell-off and then rebounding in january and february the market was breaking down, and at that time the stock had implode. plunging 21% it's recovered -- i thought it was a good quarter but the problem it wasn't a perfect quarter. despite being on most line items
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the gross margins, the gross margin was a bit weak and in the dark days of november that was enough to send the stock into free-fall. now, marioty told us a story about these. he convinced me that funko had a bright future and they got slammed down to $11. as a fast grower last year, it was in the middle of the blast zone there was nothing wrong with them, the company just the stock. the company wasn't broken. so in the general sense in january, after fed chief powell gave us the stay of execution, no more rate hikes until we needed them they came back fast forward to a week ago and it's traded at 189 again anyone who bought it near the lows has fantastic gains it's $21 stock and then traded up to $31 near the high in the peak of september. then last thursday we get that giant moment
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they delivered the biggest blowout yet. the company reports a monster -- that's right, 10 over a 43 cents basis. and up 38 year over year when we first started to talk about it last fall i liked the fact they had -- it's like cracked to most money manager. they grew at a 21% clip and then to 35% now they have they're up to 38%. best of all, management gave you a full year forecast and coming in much higher than what wall street was looking for once again, it wasn't perfect. the gross margin after the cost of goods sold continues to shrink this was the subpar line that crossed them back in november. but we got a compelling explanation. quite different. see, often drinking gross margins can be a positive sign often it means that the company is discounting the products because there's not enough
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demand at the higher price or they want to fend off the competition. that was not the case with funko. no what happened here is this the company's margins are under pressure because they're -- they're actually desperately straining to meet demand high quality problem brian marioty said we consciously made spending decisions knowing it would depress the margins in the near term if that's the price of radleycally higher than expected sales it's a price worth paying. even better, the incredible demand can continue through 2019 all told, there was a lot to love about this quarter and what happens? is remember we're back in the bear face. well, look at this the stock initially shoots all right, this is what bothers me so much. it shoots from $19.89 to $24.31 that's 22% gain. at the highs but that's when a ton of shareholders decided to ring the register, repealing the bulk of
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the gains. the stock closing up just 5% at $20.92 that's a nasty pattern this is your worst nightmare you've got -- you nailed the quarter. you got -- you made the money. you did all your homework and then boom they take away the gain he's nimble -- who is nimble enough to nail that? high quality problem, not exactly. the profit taking never stopped and over the last week it's continued do go lower and 17 bucks and change yeah, but at this point they're trading at a discount to where it was before the quarter. in other words you're getting the spectacular results for free better than free you're literally paying less than nothing for a fabulous beat and raised quarter one of the largest of 2019 so that's why i believe that the levels -- it's a steal first, they referred to themselves as an index of pop culture. they do it on the fly. we could have had their stuff, a mountain of this thing and they sound overly ambitious but i think it fits.
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hasbro has been -- they have tons of licensing and deals for toys based on iconic disney characters "star wars," marvel comics but the lie sensing model can focus on different brands everywhere they're much more omnivorous than hasbro. they can team up with the hottest properties and turn out the signature figurines and collectibles well, what's the hottest thing in the world right now fortnite, right? the video game and they have been -- they upended the entire industry. they're owned by a privately held company and you can't make money on that and funko has a fortnite brand which makes it one of the few stocks to play- see how quick and fast they are? second, they're just lightning in awe too months -- in a few months they turn it into the product on the shelves, highly unusual that's how they get so many great partnerships. they get your toys on the market while they're still relevant we know the model works because they turn out the awe inspiring
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quarters instead of just saying there's nothing proprietary about funko they're manufacturing a quality product. it's the process that's special. you have to trust the process. as long as they can go to movie and tv studios and video games publishers and get their characters on the shelves faster than anyone else in a popular toy format that's the real edge. it doesn't hurt that they only sell 13 times next year's numbers. but again the shorts hate this stock. they keep thinking that there will be a stumble. bottom line, they just reported a fabulous quarter but they got hit with a wave of profit taking after endless selling i'm telling you this stock is i think a buy. just don't buy it for your retirement, please this is small cap stock, much better for your discretionary "mad money" portfolio. to ralph in pennsylvania ralph? how about james in indiana >> caller: hey, i love your show. >> thank you.
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>> caller: so many my question is about ea. it's been up since the launch of apex legend, and recently it lost the top spot on twitch to fortnite so ea still have room to run or wait for another pull back >> i think that -- look, when you have something like this, you have a stock that just goes up and up in a bad market. you're going to get another leg up in the good market. so i don't want you to abandon this stock it's hot, it's doing well. you're going to hold on to it. let's see whether something else could happen that's my case that's what i think will be for ea all right. funko puts the fun in investing. i think the buy after the recent dip -- i would buy it but only for discretionary portfolios as long as they come up with toys buy the stock coming up, log me in down 34% over the last year is it more like log me out?
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i'll give you my take. and then as many as one-quarter see no treatment from depression treatments and all your calls, rapid fire in tonight's edition of lightning round so stay with cramer
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whenever i get a call about a stock that i'm unfamiliar with, we take our time to do the homework we research it then we come back to you with what we hope is a considered opinion. sometimes that takes longer than i'd like, but because this is the most interactive show on television -- [ applause ] it's time to start working through the backlog of homework or else why bother to say i'll do the homework? let's talk about log me in one word, log me in. logm this is a stock that steve in indiana asked me about on november 7th i said i'd get back to him and the darn thing which i thought was the chinese dish, well it imploded so what is log me in and what has happened to it this is a cloud based provider well, we have heard that a lot well, there are a lot of them in
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there. but this company's platform helps workers connect to the office files remotely. i have used the product, i like it and they have expanded to collaboration, identity, and access management, customer service, connected products and information technology, all crowded fields they use a free version of the model and then higher quality subscription based versions as you go up the chain. the stock was a fabulous outperformer in 2016 and again in 2017 after they acquired go to meeting that was terrific spinoff of another company worked out for everybody. it was a transformational deal and sent the combined company's earnings through the stratosphere last july, they slashed the full year's earnings forecast and they plunged from 109 down to 77 however, management was ultimately able to beat the lower numbers and they actually raised their guidance the next
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time they reported in november and that's around the time when steve in indiana called to ask us about the stock and again, steve, i apologize that we took so long to get back. there is a tremendous burden of just trying to get everything right on a day to day basis. well, since then this thing has been a roller coaster. sell sell -- buy buy log me in traded in line, plunalling to the earlier rows when the bear market mauled everyone and then rebounded in first couple weeks of february then three weeks ago the stock ran into a brick wall. what happened? on february 14th, valentine's day, log me in reported a solid quarter but management's guidance for 2019 was down right putrid talking about earning less than $5 a share and down significantly from what the company made in 2018 yeah they're forecasting a down year. and that's the last thing that
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money managers ever want to hear why are the company's earnings about to take a big hit? the ceo said that 2019 is going to be an incresment year and that's a term that's the kiss of death on wall street dragon sound i don't know does it work you tell me. go on twitter, let me know anyway, trying to soften the blow, all about setting the company up for the reaccelerating organ i think growth all well and good, but what happened to the old era of growth some get the benefit of doubt when they spend like crazy, but unfortunately they don't seem to be a member of that exclusive club so they plunged down from 95 to 82 not great action too many investors and analysts weren't willing to wait around to see how things looked once
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log me in turned to the better the question is what do we do at this point well at this point, the stock has been humbled for the second time in less than a year presumably there's some turnover in the shareholder base. the people who don't want to wait for a return have already sold i have to tell you i'm -- i'm actually torn on this one. on the one hand, the darn thing sells for just 16 times this year's earnings, which is cheap their an lot of the consumer packaged goods companies like cloroxs and pepsicos they had 20% plus revenue growth last year, 16 times earnings feels like a bargain while log me in looks poised to have a down year in 2019 it's still profitable which is rarity in this industry i look at at some of the stocks looking at the multiples, i look at them and i think i can't get -- i can't recommend them because they don't have enough earnings but then what happens of course is well, let's just
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say the earnings aren't there at all. man, that's why i'm not sold on this the thing about value stocks is that you need to be confident that they'll actually maintain their value. can log me in do that? i don't know the company had to slash the earning guidance last summer that's a scarlet letter telling you to shun the stock. wince again, they gave us disappointing forecasts that doesn't inspire the confidence i'm concerned in terms of the value trap what if their investment is kaput, what if they're a market share donor to more dynamic companies like okta which made an acquisition right now, preannouncing good numbers but may not be good enough or identify management, we had them on recently. how about simple team? and then slack for collaboration software that i think has a great product. i bet this one sells off, because slack is priced to log me in -- you don't want to be in
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this stock to me this space is looking increasingly crowded well, that means price cutting and that's why log me in needs to invest in improving the product. in a crowded industry i think it's too risky to bet on the company that has an inconsistent track record what am i saying you have to take a pass -- don't buy, don't buy, don't buy. until the investment year is closer to the conclusion the bottom line on this bit of homework if you want exposure to the cloud base, i suggest putting okta after this big -- the acquisition and all the different earnings numbers come out. do that after that the stock is really selling off in the aftermarket which is why i'm focused on it. they both should be on the shopping list. even if they're expensive. we have been waiting for a market wide sell-off to get a better entry point it's happening and given that the market is suddenly turning against the faster growing cloud plays like workday i think you can buy them gradually when
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they're the weakest with the higher quality companies that are in the cloud i'm confident that the stocks will get cheaper as they go lower opportunities will bound after the washout. it's playing out at this very moment much more "mad money" ahead. stick with cramer. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast.
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>> announcer: lightning round is sponsored by td ameritrade >> it is time. it is time for the lightning round. -- sell sell sell sell sell -- when you hear this sound -- [ buzzer ] -- then the lightning round is over are you ready, skee-daddy? nick in connecticut. >> caller: how are you >> good. >> caller: thank you for all you have done for so many years. for some much needed humor and thank you for the charitable work you do for so many people. >> thank you you always like -- thank you for pointing it out. i don't -- but thank you what's up? >> caller: i know you don't, but you're modest about it. >> all right i'm embarrassed, but thank you >> caller: i want to ask you
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about a stock i have a small position in that recently announced good earnings. i don't believe i ever heard it discussed on your show although i could be wrong about that called epam systems. >> no, you're right. i don't know it. i have to do work. i have not talked about epam systems. i'll do the work georgia in florida >> caller: hey, jim. >> i mean, georgia, go ahead >> caller: i want to know what your take is on exact science -- >> it works. exact science, it works. it's a way to cut down on colon cancer i apologize, i have the box there. i have to use it you have to be kidding me. we're going to carter in virginia carter >> caller: what do you think of avalar >> if i'm in there, i'm in intuit that's the one i like. les in virginia. >> caller: thanks for taking my call what do you think of philip
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morris and altria? >> i don't like to recommend tobacco stocks on the show but it had a chartist say they're good though. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td round is sponsored by td ameritrade jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade at&t provides edge-to-edge intelligence, covering virtually every part of your finance business. and so if someone tries to breach your firewall in london & you start to panic... don't. because your cto says we've got allies on the outside... ...& security algorithms on the inside... ...& that way you can focus on expanding into eastern europe... ...& that makes the branch managers happy & yes, that's the branch managers happy. at&t provides edge-to-edge intelligence.
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it can do so much for your business, the list goes on and on. that's the power of &. & when this happens you'll know how to quickly react...
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i can't believe i'm about to say this again, but stop being so darn cynical. what's the world coming to when i'm the guy who needs to make that argument? every night i say this show is not about making friends but
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making money one that make mess the most sincerely sincere men in america. in the excess of cynicism is one of biggest impediments to making money in the stock market. okay, something incredibly positive happened this week and it was met with cynicism the fda approved a drug known as bravado known for depression i heard about special k it's ridiculous that the fda would give their blessing to something that peek tame away with ecstasy. i have to tell you this kind of chatter is horrible. my extended family has a history of mental illness. so i know that's a paucity of good drugs that can help severely depressed people. every year in america, 40,000 people take their own lives. and there's only so much doctors can do to help people with extreme depression take out the negative thoughts that make it sound rational to
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commit suicide this nasal spray can save lives. the studies were conclusive. most will be helped with this drug particularly when it cops to suicidal ideation it's $4,720 in the first month and then reduced in the later months it could be the biggest breakthrough when prozac was introduced 20 years ago. honestly i wish we had a better term for this. when my niece dislocated their elbow they had to pull her arm out and put it back in the joint and they gave her ketamine to deal with the drug no one in the operating room thought they wanted to party hardy because of the way that hospitals work i had no idea how much it cost us. but she screamed as loudly as i ever heard anyone scream out when they yanked that forearm out and jammed it back in and then she was quiet and then
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giggly giddy. smiles laughter she asked me if she behaved way or screamed out in pain? now they want to help with more than elbow pain. they want to use it for another vital organ called the brain when is this culture going to accept the concept that a brain illness, mental illness is every bit as legitimate as a dislocated elbow it's a good thing, not when -- who cares it was related to the club drug. the only thing that matters is it works that's why the an sprofl so important. last time algeren reported on a fast acting pill i salute j&j and the ceo for taking on the system to get this drug approved. the fact that it works is nothing less than a miracle. and the fact that it works quickly is something is that most antidepressants can do. i bet it will be a blockbuster win for j&j who can reach a billion dollars in sales in two
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years. the street thinks this is a party drug, a band-aid like any other j&j product but i think it was a life saver i bet people suffering from depression will agree with me. stick with cramer. experience amazing at your lexus dealer.
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my bad, we didn't mention kroger, and burlington, but after the bell, costco delivered a good quarter retail is allover the map and that is disconcerting. people want it all good or all bad. there's weather, there's tax returns. it's all become so murky you can't find a real bottom in murkiness. that's why i gave you six stocks and start thinking like i do we have to get the sellers done because too many people fear big sellers. there's always a bull market somewhere and i promise to find it for you right here at "mad money. i'm jim cramer i will see you tomorrow.
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>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ with a solution to the dreaded chore of doing laundry. ♪ hey, sharks, my name is maxwell cohen. i'm from new york city, and my company is afresheet. i'm seeking $100,000 in exchange for 20% of my business. lydia here, she's a busy woman.

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