tv Mad Money CNBC November 22, 2019 6:00pm-7:00pm EST
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be contrarian is to do a little bit of energy, halliburton and conoco. >> sell call spreads in tesla. >> sam >> i'm with -- >> paper over to read it "d prd.e spot the sea >>mamoney" 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 a west coast cramerica takeover over people want to make friends, i'm just trying to make you some money my job is not just to entertain you, but to educate and teach you, call me at 1-800-743-cnbc
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the nasdaq climbed 0.16% what do we miake of next week it's an odd one. a week's worth of earnings spread over three days yes, it's thanksgiving week, and while it tends to be a placid period these days, who the heck knows. that's why we're starting the monday portion of next week's game plan with a hope for breakthrough in the trade negotiations personally, i doubt we'll get one, but the market seems to be counting on it, hence the rally. should i be more concerned let me tell you what does concern me, memories of last year when fed chief jay powell was still going around talking about how strong the economy was, even though things had already started to slow down powell's rate hikes were doing the job, but he didn't know the strength of his own deeds and he pressed too hard throwing the economy and of course the stock market for a loop what matters to me is that we don't get a repeat of last year. if powell keeps as tight-lipped this time and pays attention to the data, we should be fine. so i don't think it's the end of the world there's no breakthrough in the trade talks, but i recognize that people are getting a little too confident
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that we're going to get a deal the impression a deal may be imminent doesn't come from here, it comes from the chinese. because so much of the mainstream loathes trump, they let the chinese government control the narrative. i wish they would be as skeptical of china as they are the white house. of course, a deal is always possible, but the longer the stock market stays up, the less likely it is we'll get one a strong market means president trump has more leverage to hold out for better terms make no mistake, the president is paying close attention through his advisers to some of the more salient decisions that companies are making about how much they should scale back the chinese exposure he thinks that the longer this trade war drags on, the worse it is for china and the better for the united states. he also knows that president xi can't say the same thing, although xi's people have put out the word that the talks can be derailed if trump says anything positive about democracy in hong kong now, there's some real irony here, in the fact that so many commentators would rather back a repressive, totalitarian communist regime than be seen as
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be on the same side as the president they view as repugnant. either way, the deal or no deal conundrum and the state of play in this week's expected hong kong riots will determine the action monday and maybe the rest of the week. monday also brings some important earnings for a weak sector, which is retail. the other for a strong one, which is cybersecurity to get a better read on retail, particularly the department store mall retail, i'm talking about. let's listen to manny tirico, the ceo of pvh, one of the largest power concerns in the world. you know calvin klein and tommy hilfiger when you hear about weakness in department stores, that causes weakness in pvh. they've seen real strength in europe, but will that be enough to offset the mall on the cybersecurity side, we heart from palo alto networks, that's a firewall company with a hybrid on-premise and cloud business with the latter aided with some big acquisitions of late are those coming together? they sure did last year. last year's palo alto stock dropped precipitously after the headline numbers came out.
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then it soared a as we goat more color. that's why i always told you to wait for the conference call before you jump to any conclusions. tuesday, we get results from burlington stores. as i like to say, if you want to succeed in retail, you either need a strong online presence or incredible bargains. as an off-priced chain, burlington has the latter. i think it is every bit as good as its compadre tjx which reported great earnings. and we also heard from dollar tree, and i expect a good quarter from them, too, as they continue to turn around the family dollar business that they bought i don't think the tariffs will get in the way of that, but people are always concerned. then there's best buy, bby, which will give us a good read on the holidays. i anticipate a pretty good quarter, because best buy represents in-store value. dick's sporting goods could produce some strong numbers, too. what i want to know about, i want to hear about how we're going to benefit from nike's decisions to stop selling its goods on amazon. tuesday is also a big day for old tech we heard from dell and hp inc after the close.
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last year, they were a little sluggish and their stocks sold off. i don't think michael dell will let that continue. hp is fighting this faux suitor, xerox, which is too small to acquire them i want to know how their actual business is doing. remember that? maybe the most exciting quarter will come from vmware, the cloud king that's recently regained its momojo, along with splunk, d salesforce.com just like i predicted again and again, you've got to go back to growth, people the migration of the cloud is still in its early innings we're only maybe 15% of the way. you'll hear from some companies later on talk about that. which gives all of these companies an enormous amount of runway, very positive. we get results from hormel, the food company best known for spam and this stock has always worked its way back to its old highs. i keep thinking about america's new love affair with spam. hey, there's no accounting for taste. but the profits could be there last but not least, we heard from avi, analog devices all we get here in silicon valley, we've listened to semiconductor ceos talk about
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robust growth. analog devices is an internet of things, iot chipmaker, one that's linked to the weakened end markets of manufacturing, and autos. more than traditional tech infrastructure, the stock has been gloomy and sanguine based on the progress of the trade talks more than its actual fundamentals finally, deere reports wednesday. wednesday morning. now, here's one of those stocks, and we have a bunch of them, where it doesn't even matter what they say. wall street seems to love deere no matter what why is that? because the trade war is a win-win situation for deere. either we get a deal and our farmers get lots of orders, or we get no deal and that business goes to brazil and our farmers get bailed out by the government because we're headed into an election year. either way, deere's customers will have the money to buy new equipment. essentially, the stock tends to trade down after earnings because the automated machines that generate the headlines for these stories aren't very good at writing them. they'll say something like deere cuts forecast, then the conference call begins deere tells a great story and the stock gets bought. i wish there was more to it.
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there isn't. it's that simple also, after wednesday, we eat turkey and ton friday, we eat leftovers. knowing there's an unwritten rule that nothing important is supposed to occur on wall street bottom line, will the president slaughter a turkey this year or slaughter the market i bet he goes for the former let's take some calls. let's go to mike in kentucky mike?! >> caller: a big kentucky bourbon boo-yah to you, jim. >> let's go to work. >> i want to ask your opinion about intel sat, symbol i. it rebounded a quick 10% and traded sideways the last two days this company has an odd 5g play around it with the auctioning off of bandwidth by the federal government my question is, do you like this stock for a slightly longer hold or should i sell and take my profit >> this stock is down 66% in one of the greatest markets in my lifetime i have to tell you, we'll have to do some work on the letter "i," the old interstate. let me do some work on intel sat
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and i'll come back i wish i knew it better. let's go to keith in illinois, keith! >> caller: hey, jim, love you, love your show, and any show you're on, man >> thanks a lot, buddy >> caller: cool. so virgin galactic holdings, has been rocketing down about 40% since it became available to the public being the first of its kind in the sector, is now the time to jump in before it takes off? and if so, for how long? >> i don't know if it's going to take off it was one of the most hyped, ridiculous -- i was very disappointed that everybody coalesced to be able to say something good about this thing. i am not a believer in virgin galactic i hope one day we all go to mars, maybe even jupiter i don't care i don't want to own this stock let's go to bill in oregon bill! >> caller: boo-yah, jim. this is bill from eugene, oregon, the home of the flapping ducks. >> exactly right >> caller: -- for growth stock investing. my question is on chipotle and i recently read that the stores are all company owned >> right >> caller: could you speak to
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the risks versus rewards of the -- >> i think they run such a tight ship that it's actually not that risky. i like the franchise model i like everything that's run well and chipotle is run well, which is why i think it is a -- >> buy, buy, buy buy, buy, buy. buy, buy, buy. >> that's three times, that makes six buys next week is historically a placid week, but let's hope it stays that way on "mad money" tonight from our last night at cnbc's one market, clorox has had a bit of a rough patch this quarter, but the company clean itself up? then i'm talking with the ceo. and how could the news of a potential charles schwab/td ameritrade tie-up affect a company like sew fyi don't miss my exclusive. and looking for cloud coverage in an uncertain market you know what, the group may be moving higher this week, i'm eyeing one under-the-radar player that's been the talk of the town because of voice! so stay with cramer.
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>> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an email to madmoney@cnbc.com. or give us a call at 1-80 1-800-743-cnbc miss something, head to madmoney@cnbc.com. i'm a regular in my neighborhood. i'm a regular at my local coffee shop and my local barber shop. when you shop small you help support your community - from after school programs to the arts! so become a regular, more regularly. because for every dollar you spend at a small business, an average of 67 cents stays in the community.
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as we close out our week in san francisco, i want to check in on one more household name that calls the barrier home and it's clorox. the last couple of months, rough for this iconic consumer products company last month, clorox lowered its full-year forecast at an analyst event. and a few weeks later, they reported what was widely considered to be a disappointing quarter. the culpriculprit, the company s fierce competition from bargain brands and private label while it deals with some business lines that have slowed the stock has fallen from 156 over the summer to 146 today where, where it has a 2.6% yield. has clorox been punished enough? let's take a closer look with
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the chairman and ceo of clorox, who just celebrated five years at the helm to get a better read on where his company is headed mr. door, welcome back to "mad money. you've done a remarkable job but you started this most recent call with, we are not satisfied with our top-line results. you've never dukd acked any question tell us how you'll get things moving in from the top line. >> so q1 was not our strongest quarter, clearly, as we're managing through challenges on two businesses but what we're seeing is we're still on track with our fiscal year objectives, and that we're projecting growth that is more the type of growth that you're used from us and that we expect from ourselves in the back half. the key to getting that growth is innovation. we have a very strong set of innovations across most of the powerful in the back half, and that's how we'll bring growth back >> so you say, it really comes down to coal and trash explain that to people, because if you can fix coal and trash, you can fix bags if you can fix charcoal, i think
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that we would see a different company a year from now. >> that's correct. so two businesses that have been struggling, we're seeing a lot of strength, three out of the four segments are growing margin, are growing volume but coal and glad are two businesses in the household segments that haven't done as well why is that? we're seeing some distribution losses post-pricing. we've taken price increases and retailers didn't necessarily like it and competitors didn't consistently follow. and that's created weakness in the business that we're addressing how are we addressing it we're lowering the price gaps towards competition. that's been working on glad. we're seeing glad pick up. >> green shoots on glad. >> and we're putting better business plans in place in kingsford for the 2020 grilling season kingsford's now growing again in consumption. and then, like i said, we're going to back it up with innovation on both businesses in the back half. both businesses fundamentally are very solid they deliver superior value to
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consumers. they are backed by strong innovation, and they're generally loved, which is why they're market leaders in that category we're confident we're going to get those back >> sometimes i think that you've got brands, when we talk about burt's bees, this is, i think, one of the fastest growing, particularly among millennials, because of the labels. do you need some of these other businesses, because you've got some businesses that are so on fire they kind of want to own those businesses >> we love our portfolio and you know, having a diverse portfolio is a strength. >> okay. >> and i will tell you that there's always one or two businesses, we're in 13 major categories that aren't doing that well. and right now, it's kingsford and glad last year was brita. two years, it was litter but we know how to turn those businesses around. burt's bees in particular has been on a tear for a long time 19 consecutive quarters of shared growth, grew double digits last quarter, and it's one of those businesses where we're applying the clorox innovation engine very effectively. and we have a lot of innovation
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coming out, if i may just share -- >> sure, please. >> this is one that i'm really excited about. this is renewal line retinal is a very hot ingredient, but retinal is harsh and synthetic. we have in this line a natural alternative to retinal without the harshness and it works as well >> really? >> this is one that we love. and then, of course, this is hemp, a new line that has hemp seed oil, but is known for its hydration qualities and we have a body lotion, we have a lip balm, and we will have a hand cream. and we think that that's very on trend and natural extension to our burt's bees line so we expect a lot of growth to keep -- >>will you advertise online fo those? do you think that's a facebook, google, amazon kind of thing i would like to see that >> it is one of the things we're saying is that we're devoting ourselves to purpose-driven brands that we're going to market in a personalized way
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so marketing online is something that we know very well we're the only company, i think in our space that spends the majority of their advertising and sales promotion dollars online last financial year, 56% the rois is what drives nap we're getting particularly good returns, and burt's bees are ones where our consumers are, we're following them >> i've seen your compostable wipes, which has been an unbelievable category. you're the only company i know, that you better do esg as an exec as part of your compensation is that what's driving these kinds of things? you've got people thinking, listen, in order to be able to move up in clorox, i have to do something good for the environment. >> we think that doing something good for the planet is also good for business, which is why with our new strategy, ignite, which leads us through 2025, in which we've just kicked off last month, we're going to make a double-down effort on sustainability and this is the first one out. we've made a very bold goal that we want to reduce the virgin plastic and fiber that we use in
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our products and packaging by 50% over next ten years. and compostable wipes is one that consumers love. 65% of consumers want a compostable wipe >> absolutely. >> more than 60% of consumers want a better alternative that is more sustainable in wipes and this is the very first wipe that's being introduced right now and we're excited about the initial reaction that we get from retailers disinfecting wipes is a very important business for us. >> fabulous business, right? >> it is a fabulous business it's the fastest-growing business in home care. we are the market leader and we're nurturing it with innovation like this >> last question, will we -- because i'm somewhat nervous to say his, but you've got that back yielding at 3%, because the stock's come down, but your dividend has been remarkable you keep raising and raising i know it's up to the board, but should we expect that to continue, even if two business lines have been troubled >> yes, absolutely
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we have increased our dividends every year since 1977. and we expect that to continue that's something that our investors expect from us we deliver very strong cash flow and we put that cash flow to work either by investing in the business or by returning it to shareholders and the dividend, of course, a very attractive way of doing so. >> and that's why you have the best total shareholder return and why i've believed in you from day one and every has been the opportunity to buy this is no different that's chairman and ceo of clorox new products fixing these categories it's going to work "mad money" is back after the break.
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industries, disrupting industries companies like sofi, the personalized online banking play that they're about to have a football stadium named after them in los angeles. sofi recognized that traditional banks weren't fully harnessing the power of the web to connect with their customers so they built a whole business around the idea and now it is worth $4.3 billion, as of their latest fund-raising round. let's dig deeper with anthony nota, the ceo of sofi and a longtime friend of the show. saint, welcome back to "mad money. anthony, sofi has come a long way since you've come in, and i think really, the naming rights is a very significant event for where sofi is right now. >> yeah, absolutely. it's been almost two years since i joined the company and a a year ago we were primarily a desktop companies in two loans, now we're a member-first company, mobile focused, a complete suite of financial services products, sofi money where you can pay your bills and your friends you can spend with a debit card,
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spend with apple pay or samsung pay or google wallet we also have sofi invest, which is the ability to buy stocks without commissions. you can by etfs. we have four of our own etfs focused on millennials and jen "z" and buy cryptocurrency >> i think the crowning achievement is to actually, it was a brilliant idea to take the stadium for the chargeer sand the rams to be like a long game. you're playing a long game >> we are playing a long game. now that we have this complete set of financial products, we have to build awareness of them and become a household name and the stadium is a great platform for us to partner with an iconic brand like the national football league, but also all the other events that will be there, the world cup will be there, the olympics, a couple of super bowls. obviously, if the teams make the playoffs, there are a number of other major events, college football and national championship so we want to be part of this iconic destination for live sports and entertainment and that will help us build awareness, build trust, and become a household name, so all of these products are used by all the great americans that deserve to have them >> millennials love your
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product. we have about 900,000 accounts now? >> we have over 900,000 accounts, over 9 million registered users we introduced sofi money and sofi invest in the spring. they have done incredibly well we have griffin millennials and gen "z"s real products and offerings. things like fractional shares and unique etfs that give them diversification at a low price point and have introduced home loans and in-school lending. >> would it matter in a democrat swept the house and they got rid of student loans >> at the end of the day, we're helping people achieve financial independence, which means they have enough money to do what they want. regardless of what the regulatory environment is or what the rules are, people still have a need to get their money right and that's what we're focused on, helping them get their borrowing right, savings, spending, investing and protecting and that's a complete portfolio of services, including free financial advice through our certified financial planners and advice with a partner we have so the regulatory world is going to change, but ultimately the
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needs of the consumer remain the same >> were you surprised about these rumors about possibly schwab and ameritrade tying up outfits like you that are really driving commission are driving the world. >> we assume there will be a fair amount of consolidation the financial services industry hasn't had the type of innovation you've seen in ecommerce, in online travel. and just in this year, we launched products that have nondisclosure been brought to the market before. tablet to buy $1 of amazon, if you wanted to buy a share of amazon today, i think it was over $1,700. we noticed that our users were buying stocks that are less than $10. >> but you mentioned they were buying ford and -- we don't want that -- look, ge is making a turn ford could be good but you know they should be buying growth. what did you teach us? buy growth but they can't afford growth because these guys won't split their stocks anymore >> the insight we had is when we first launched sofi invest, we saw the two most popular stocks being less than $10 and they weren't high-growth stocks and they certainly weren't brands that millennials and gen "z" are familiar with. so that's what led us to launch
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fractional shares. >> are people understanding that they can buy a fraction of apple and buy a fraction of google are they doing it? >> they understand they can buy $1 of apple, $1 of amazon. >> are they doing it >> they are. in fact, 50% of the first-time traced of our new users are using fraction aal shares to ma their first investments and the most popular stock on that platform is amazon >> then you did it because it's been -- i've tried to get these ceos to realize they have to split the stock, but you know "commission business, they want to pay fewer commissions, which means they actually believe that you can get retail investors to pay $1,700 they're failing in their mission, so you have to take it upon yourself to win >> the most interesting thing that's happened since we done that is we've seen the changing of the most popular stocks, but have also allowed people to buy something like berkshire hathaway which is really challenging to buy >> are you surprised that millennials have suddenly discovered the stock market when we thought all they cared about was cash and gig economy and trying to make ends meet >> i'm not surprised what's made a difference is
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we're giving them access to investing and it's imperative they invest in their 20s or it's hard to catch up later in life giving them more accessible products like $10 etfs for a $500 share etf, that's broadly diversified or the ability to buy a stock at $1 at a time has really made a difference in the growth and we've seen tremendous growth, not just in number of users for sofi invest, but also assets that they're investing and then also buying our other products so they're becoming multi-product customers after they join the platform >> now, are you still -- how much are your businesses still the student loan business? because it was such an important business at one point. >> the majority of our revenue is still student loan business >> it is >> because that's where we make most of or revenue the other products are early days, they are driving small amounts of revenue, but have scaled really significantly with users. you can see us a year from now being 50/50 in terms of the number of non-lending members versus lending members >> are any of the older banks getting good at trying to get your youthful cohort i know bank of america has a really good app. all sorts of people.
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goldman teams up with the apple card that has to surprise you you worked at goldman? >> we're looking at what the member needs and try toll uniquely meet their needs. we're aware of all the other options that are out there and are trying to make sure what we put in the marketplace is differentiated for the members' needs and having a complete suite of products on one app, on one technology platform and treating people like members has really made a difference >> so it is still -- the member idea, which i remember when you first introduced me to, was one that i thought he was doing socials and trying to get people together, you're doing a little more traditional banking, fewer socials? >> we approach it slight lip different than that. we approach it from the standpoint, what does this person need to get their money and build out from that. we don't ask, is this a good business we ask, is this a product and a service they need. >> you give what the customer wants. >> we're focused on what the member wants and not just what comes to them traditionally, but what they need specifically for their generation and for their lifetime >> well, you've really in the time since you've gotten there skpleft twitter, it's a real
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company. >> it's a record quarter, we grew over 55% in the top line. great run rate in revenue and great adoption of the new products >> you know, sofi, we're okay, jim. but we're okay you've done it >> we'll keep running faster >> i knew you would. >> that's anthony noto, the ceo of sofi. "mad money" is back after the break. whether your beauty routine is 3 steps... or 57, make nature's bounty hair skin and nails step one. it's the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. nature's bounty, because you're better off healthy.
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on the 2020 pacifica limited the amount of student loan debt i have, i'm embarrassed to even say. we just decided we didn't want debt any longer. ♪ i didn't realize how easy investing could be. i'm picking companies that i believe in. ♪ i think sofi money is amazing. ♪ thank you sofi. sofi thank you, we love you. ♪
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> the cloud stocks have finally gotten their momentum back, but some of them held up the whole time, held up a lot better when the group was going down like take five nine. the company that provides cloud-based software for contact centers, helping its customers to improve customer gaugemeanim. earlier this month, five 9 reported a fantastic quarter and followed it up with a bullish analyst date to the point where the stock is once again making new highs. could this thing have more room to run let's check in with rowan trollop, he is the ceo of five9, learn more about why his company is thriving in a environment
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where others are faltering mr. trollop, welcome back to "mad money." what is an intelligent cloud contact center squm >> it's software that's in the cloud. it's a website where businesses can have agents that talk to customers. and that's talking on the phone or say messaging on a website or sms or whatever. we're basically the pointy end of the spear when it comes to how a company connects with our customers. >> so if i call someone at an organization that's yours, they can call up my record and know what i've done and where i've done it, instead of being clueless and just putting me on hold >> exactly as soon as you call in, they get the full 360 view of who you are and what you've bought, so they can treat you like a human being and not like a number. >> so we've got the holidays coming up, black friday coming up got places where there's a lot of calls >> yeah. typically, we're ready to be on hold, but we'll go to another place now. how about if we pick up an outfit that uses five9 >> black friday, cyber monday,
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huge spikes in retail and cloud is perfectly suited to these kind of environments lululemon lululemis one of our customers. i know you've talked about them on the show. they have got a really, really awesome configuration on their website, where if you go on their website and they're trying to buy something, chethey can c to you or if you call in and you have a return or a question about a product, it's all using our software and they will scale up and down by hundreds of agents within one day we can do that within an hour. oracle provides the crm side and five9 provides the engagement and communication side >> when i go to your website, i've learned that there are companies with a legacy expensive onpremises system, and i said to myself, how can any company still have that? >> 90% of companies still have hardware sitting in closets and it's super hard to maintain and keep working, which is why a lot of times you'll call in and you'll get disconnected, you'll have bad experiences that's what we fix it's a website
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you push all of that complexity into the cloud and we handle it and make it easy for you >> one of the things i notice is during this whole era of new companies, some companies have decided, the more money they lose, the better other companies lose sight of the fact that cash flow matters. and still others seem to have no real path to profitability your stock hit an all-time high when many of these others were cratering. what distinguishes you and is it about caring about things like cash flow? caring about things like a path to profitability >> my cfo barry likes to say, we're a little bit old-fashioned and we like it that way. we look at things like cash flow, as other companies think that they're quaint. we pay a lot of attention to it. in q4, we've committed to the street, we'll be at 20% ebitda margin and we are cash flow positive. the company has grown responsibly. we're in this for the long haul, jim, and that means that we need to have a responsible growth path for the company we're still growing fast
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you're still growing last quarter, 28% but it's not a growth at all cost strategy at all we're quite different than a lot of shriek companies that it's this responsible and digestible growth story >> when i look at what you guys are doing in terms of the cloud penetration, i have to tell you, i'm astonished that it is so little a lot of people tell me, jim, you interview all of these cloud companies, it's got to be much further along. i'm trying to figure out how you can survive as a retailer and not use you these days >> you really can't. we're doing surveys and talking to customers 84% of customers say that the experience you deliver is as important, if not more important than the product or service that you're delivering. so that's -- and by the way, it's much more important for millennials than it is for boomers, who i think people who are older have a different expectation of like, i know i'm going to have a bad experience, but millennials are saying, you know what, and even gen "z," hey, that experience is super important.
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companies are starting to come to that realization. they've got to upgrade this stuff. even though cloud is only 10% penetrated, it's accelerating. so i think we'll now go through over the next decade a transition of this technology from the on-premises to the cloud world. >> now, one of the things you talk about on your site is predictive dialing so i think that's a great idea but i also worry about spam. i worry about whether your robo calls and whether if you're doing predictive dialing, they're going to start bothering me >> absolutely. and we don't do that at all. we're the most conservative company out here we focus almost exclusively on inbound and we do allow our customers to do outbound, but we don't allow for anything close to what you would call robo calling or, you know, where -- >> but how can you police that -- we police it we've configured our system -- and actually worked with the fcc and others to basically say, look, here's the gold standard we're considered the gold standard in this area of making sure we don't allow anybody like that on to our system.
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and some customers of ours, like a great example is signify health they do do outbound calls. they're a very, very innovative health care company. can they are calling out and getting doctors and nurses to show up at customers' homes. but they're doing it one number at a time. they're not banging a whole bunch of numbers to try to do telemarketing. this is very, very targeted outbound, is what our customers -- >> and i like using the voice escalation, you were at sales force with the einstein bots >> voice was a big deal. >> i think that was the theme. and you guys were a major part of it. that's rowan trollope the ceo of five9. guys, this stock actually hit a high when many of these stocks were cratering and you heard why, great growth and conservative use of their cash "mad money" is back after the break. i knew about the tremors.
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so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid.
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doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. it is time, it is time for the lightning round on cramer's "mad money." that's where i take your calls, rapid fire, one by one don't know the caller or stock question ahead of time when i play this sound, the "lightning round" is over. are you ready, ski daddy time for the "lightning round" on cramer's "mad money."
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ramesh >> caller: hi, jim >> hi. >> caller: how are you >> i'm good. how are you? >> caller: i'm good. i just had one question at this level. >> well, it just ran about 40 points, the pickup truck has given back about 20. if you really do want to buy it, i'm not going to recommend you buying it. another 10, 15 points down, and then maybe take a look let's go to nick in maryland nick?! >> caller: hey, buddy, jim, thanks for taking my call. >> of course >> caller: hey, two-part question dunkin' donuts, do you like it and is now a good time to get in >> actually, i prefer starbucks to dunkin' donuts starbucks is way down from its high and i think it's got more momentum and has gotten too cheap. that's one i prefer. let's go to al in colorado >> greetings from snowy denver >> i didn't know snow there. good to have you >> caller: yeah, a little bit. my question is about lam
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research it's been a great but volatile investment over the last 20 years. >> it's been crazy, but we're up about eight points for the charitable trust we did trim back a lot, because we didn't want to be pigs. bulls make money, bears make money, and pigs get slaughtered. i would wait a little bit before i would buy more maybe goes down to 2340 let's go to albert in florida. albert >> caller: hey, old buddy. boo-yah to you >> boo-yah >> caller: i've been watching you since you were on with cramer, i mean, kudlow. recording the shows every night. >> fantastic thank you. >> caller: listen, you recommended a 5g play a wild back and i bought a small position in marvel what do you think? >> i think the world of this company. is this quarter necessarily going to be good it's caught up in the trade talks, but who has an unbelievable portfolio of 5g along with a lot of other things that makes cell phones work better, it is marvell, you can follow along at action alerts
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plus.com, and i think you'll see that marvell remains one of the better names in technology john in missouri, john >> caller: boo-yah, cramer >> boo-yah >> caller: i want to thank you for everything you do for the home gamer >> oh, thank you >> caller: i would like to get your thoughts on a biotech, kura, kura oncology. >> it's got personalized treatments for cancer and anyone doing personal immunology i have liked as a spec and a spec only. let's go to debora in ohio debora >> caller: hi, jim, i just love you. and i joined your club and i love your club and recommend it to all your viewers. >> you're terrific thank you so much for being a part of it >> caller: thank you my stock is net ease, symbol ntes >> you know what, this is -- it's a chinese internet play that i have been skeptical on and not correctly skeptical, so therefore i'm going to have to say, it's not -- look, you remember the club, you know, i
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don't ever go beyond my range of thought and this one is a befuddling stock to me about why it goes up other than the fact it has a good dividend let's go to dustin in arizona. dustin >> caller: boo-yah, mr. cramer >> boo-yah >> caller: hey, my friend, i would love to hear your device on buy, sell, or hold on ulta. >> i think ulta's been beaten up enough i know that a lot of people feel last quarter wasn't that good, and there are some problems definitely in skin care, we know that i believe in mary dylan. i think they were going to report in a couple of weeks and there's still possibility they wouldn't be a blowout court. they've got a great loyalty program and are doing so many good things, i'm not deserting ulta jim in massachusetts jim? >> hey, jim, how you doing >> i'm doing well, how are you >> good, good. here's a great weekend boo-yah to you my stock is $2 off its 52-week low and has several buy recommendations. it's caredx, cdna. >> yeah, that's a diagnostics
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we get to hear about salesforce's philanthropy. this company is one of the best there is when it comes to giving back to the community. and i think it's worth remembering that businesses can do more than make money. now, over this week, we had a chance to sit down with ebony be beckwith, salesforce.org's chief financial officer and executive vice president for marketing take a look. >> ebony, you are at the forefront of doing things that are charitable and it seems like dreamforce is a great place to be able to show off some of the things you're doing. so why don't you just run down, because you're way ahead of the game, as always. >> i'm so excited you asked me about dreamforce we have four amazing jam-packed days fall of content, 140,000 people at dream force, 2,700 sessions, we want everybody to go to every single one of them we believe that witnesses, the greatest platform for change and dreamforce is a great big platform, where we can amplify some of our messages and we love that we can really infuse our corporate culture of
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giving back into the spirit of dreamforce so we have a lot of things and initiatives that we're doing at dreamforce >> it seems like you've got a focus on leadership. and also on kids i love the idea that kids should not be intimidated by coding >> absolutely not. >> i love the idea of bringing along the next generation of leaders. these products, are they something that's going to be 365 days a year and you're trying to recruit people to be involved now? >> well, education is one of our major focuses after salesforce in our philanthropic work. so that doesn't just stop, you know, at dreamforce. we extend that programming to dream force. so we have over 750 kids from the barrier coming to dream force. my big vision is to have a dream force for kids that's a few years out, though but it started a year ago, and we're now evolving that to, like i said, the 750 kids coming, we have 250 from san francisco in oakland middle schools and every day, they're doing
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kids coding and programming and all kinds of amazing things. we have 450 young adults coming from workforce development programs these are our future leaders and you can't be what you can't see. so we invite them to dream force, so they can interact and network with ceos and leaders in the barrier. we've seen so many amazing connections happen between young people and current leaders, people getting jobs, internships. it's been really amazing and learning about our technology >> what do you think about the idea that someone might say, you know, that's really the government job i don't know why salesforce is doing that salesforce is supposed to be making money for the shareholders >> it's everyone's job we care about shareholders and our stakeholders you know, so when we think about who our stakeholders are and you look around at your community, those are the schools, those are the homeless, those are -- every constituent, every person in their community is part of our stakeholder community. so we really try to bring them
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all in every day in our work >> it does seem that the rest of the business world is starting to come down business roundtable. we call it green washing, when it comes to the environment, sustainability people say, you know what, we're really sustainable and they come up with some green washing term. i find that when you talk about sustainability, you have some hard facts about what people need to be able to do. it's not touchy feely, it's not amorphous. >> no, and actually, we are committed to the u.n. sustainable development goals and these are the world's to-do list for the people on the planet by 2030 and so we are really amplifying that message at dream force. we want to build awareness for our attendees so that they can contribute so, for example, sdg number four around quality education or sg number 8 around decent economic work or 11 about sustainable cities we want everyone to get involved and learn about them, so they can personally think about what they do, what they can do to
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accelerate and achieve the goals, and then take it back to their companies. because philanthropy is not a individual sport it's collaborative we want the business roundtable and folks to be talking about it, so we can do more together >> let's talk to executives that are thinking about what their company isn't doing or some younger people that are forming a company and right now don't think it's too early, although mark told us, that's the exact way to do it what's junior instructions do you hire a lawyer is there a handbook. a lot of people say, jim, i would love to be more philanthropic. i don't know how to do it. >> we have this amazing website, we have all of the tools to get started, whether you want to give 1% of your time, 1% of your equity, 1 percent of your product. whatever it is and you can start wherever you are. if you start with zero and give 1%, that's great mark always said, we started and had nothing, very easy to do but you can also be a fortune 500 or a 100 company and just ask your people. like, your people will tell you what's important to them
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that's what salesforce, we give our employees seven paid days off to volunteer to the causes they're passionate about and they make such an amazing impact around the world >> how do you monitor the 1% of salesforce time of the product >> we have a product for that. >> really? can other companies use it >> we do, it's called philanthropy cloud available for people so we realize that we use our own software and our own product for so many years, but we realized, and we would go show people how i run my business, how i monitor philanthropy, they were like, we want that too. so last year when it became available. it's an amazing product. >> mark makes it very difficult to say no. he answers the objections to people who want to give money well ahead of their objections and allows people like you who just kind of make it as a ritual and i don't want to work, if i were to start -- i wouldn't want to work at company that didn't have someone like you who is saying, look, this is what we do and if you don't share that goal, work elsewhere, i guess, right? >> and it's a real
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differentiator we work in an industry that's extremely competitive. and so when you have programs like this, that allow peopleno only to give back and also to use their, you know, their skills, you know, you get the best of both worlds. soy love that i can go volunteer, you know, on a wednesday and work on thursday it's great >> if i started over again, this is exactly what i would do i came from the other school work for 50 years and then maybe do something good. no, do something good now. >> yeah, why wait? why wait we've seen more productive teams, we see retention rates increase we see that people want to come to our company because they want to be a part of our culture. it's contagious. giving back is contagious. you feel good! >> i like that >> and we know that doing well and doing good go hand in hand >> right so true. that is ebony beckwith, the evp and marketing and chief philanthropy officer at salesforce.org you just heard how easy they make it. executives out there watching, i
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don't know -- you're running out of excuses go do it so ...how are you feeling? on a scale of one to five? one to five? it's more like five million. there's everything from happy to extremely happy. there's also angry. i'm really angry clive! actually, really angry. thank you. but what if your business could understand what your customers are feeling... and then do something about it. turn problems into opportunities. thanks drone. customers into fanatics change the whole experience. alright who wants to go again? i do! i do! i have a really good feeling about this. but in my mind i'm still 25. that's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. osteo bi-flex - now in triple strength plus magnesium.
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doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. robinwithout the commission fees. so, you can start investing today wherever you are - even hanging with your dog. so, what are you waiting for? download now and get your first stock on us. robinhood. step up, please. empty your pockets. looks like you're all set for that business trip. you've got your smartphone, laptop, your other smartphone... woman: is this all the devices you have? your tablet... seriously? smartwatch, your backup tablet, and... woman: anything else in your bag? ...whatever that is. (beeping) this isn't working. introducing samsung mobile workspace solutions. with the galaxy note10 with dex software, you can run your entire business on the one device that does it all. samsung business solutions.
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two stocks impressed with, one clorox and nordstrom last night reported a very good quarter. i think it's for real. i want to take a moment out to thank everyone here at one market, this fabulous bureau that we've got, everyone's incredibly supportive or it would not be able to work. it's not easy when we parachute in for salesforce and kind of create tremendous mayhem, but we get so much out of it. so thank you, everyone and i have to tell you, i thought benioff and what he was doing this week at salesforce is so exclusive and so sustainable and so good for so many different stakeholders, not just the shareholders, that it is a joy to be out here i like to say there's always a bull market somewhere, i promise to find it just for you right here on "mad money." i'm jim cramer and i will see you monday
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>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ k is leslie haywood, a southern housewife with a charming idea. ♪ hey, honey, i'm home. i am leslie haywood, stay-at-home wife and mother, and i created a product for anyone that loves grilling. with all of this going on, it is hard to keep track of everything on the grill. okay, who had the spicy chicken?
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