that money has been rotating into the market. >> checking on nike as well. decent quarter, clearly tough setup. it's been down 2% plus now down less. >> after the call oft. people find another reason to like it. we'll see if it happens. >> and giving us guidance in there too. that does it for "closing bell." >> "fast money" starts right now. yes, it does live fl are from the nasdaq market site in times cold war square this is "fast money. i'm brian sufficiently your traders on the desk are pete najarian. brian kelly, dan nathan and tim seymour. tonight on fast, stop us if you heard this before. another one for the record books. stocks surging to you guessed it, all-time highs again what is really behind this amazing run? we get answers plus who ever said that breaking up is hard to do >> kneel sadaka. >> match dumped and shares soar. that got us thinking what other stocks could benefit from breaking up

we will name names and later a prediction so wild and bold that honestly we question if we would even talk about it and bring it to you we debated it. but we are bringing it to you and you will hear it coming up true story all that ahead in the next 60 minutes. but nike bouncing back a bit after the steep post earnings drop lets get the numbers, talk about china with seema modi. talking about her hometown heroes, nike, seema. >> that's right, brian sthars of nike turning around after slipping as much as 2% in extended trading a solid beat on the bottom line. but the company said margins were negatively impacted by higher input costs primarily due to incremental tariffs in north america. sfratly nike reported greater china sales of $1.85 billion up 23% this quarter but a slower pace of quarter than last quarter when sales grew 27%. still, nike has been able to

steadily grow revenue in the country over the past five years. targeting the chinese consumer using platforms like alibaba to sell shoes and apparel and in the earnings release outgoing ceo mark parker really emphasized growth in digital those comments come as nike severed ties with amazon back in november which was seen by wall street as a sign that nike is doubling down on the e-kmerps initiatives and direct to consumer model the stock has been trading in record high territory all this we can it's worth noting it's underperforming a rival adidas which is up 65%. the earnings call has begun. >> portland finest seema modi. thank you very much. what a run on neek ee this year any reason to own it or buy it here. >> i would wait for a pull back. part of that is i think it's stretched looking at the valuation and the growth right now. you compare to some of the others in the at leisure world

it's 30 in terms of the pe right now. this is something where you'd rather wait. i'd like a pullback. we might not get it but i'd expect to see other -- if it's working i think there are other names working better if you look at the growth prospect of lui lulu lemon and i think lulu is better buy nike i feel is too expense i have. >> i'm onboard with will you lieu nike nothing wrong with florida. >> did you call pete a lulu. >> i did call him a lulu onboard with lulu. >> not the first time it's said. >> nike doing quite well however have margin issues some to do with tariffs tariff but otto priced with nike now they have the digital transformation going well process but it has to continue to go well and almost as if everybody priced in the good news for the name when it comes to nike you wait for the pullback it doesn't mean one day. this could take a couple weeks to get the froth out then back in.

>> the thing is the froth in the stock doesn't seem to abate. if you think about the strength -- china was maybe a mild disappointment. i think the street was looking for 24%. but strength across all geographers. >> and oom not sure we know where it could go. you look a at a brand with total control of the destiny -- i'm not saying they're going without traditional distribution because everybody needs that but nike is such a powerful global brand you are talking about at leisure. i'm not sure we know the multiple the historical multiple i don't think applies. >> you are throwsing at dtc be -- direct to consumer it's important but this stock has been a double in the last two years. but revenues have not doubled. >> right. >> is anything there out of whack. >> high single digit eps growth which is what these guys deliver comfortable with u.s. comps. look like they are back in control of north america that gives me reason to stay the course long the stock. >> yeah, it's a mid-teens eps

grower and a high single digit revenue groier when you think about 23% growth in a region like china given all the headwinds we've had the last few months with china and there is national issues think about this arsenal's game was not played in china the other day because of something a player said. this company is right in the cross hairs of this behavior we saw what happened with the nba. when you think about it, i mean to do 23% in china it's great and only gravy from here on out. another point pb seema mentioned the amazon deal, the notion that they are doing well enough in their own d did tc consumer direct to consumer they made the acquisition of russell wilson start-up trace me a couple months ago, a technology platform that connects influencers, athletes -- i think they are doing a lot well. so tour point, this stock broke out in late september after that last earnings announcement and at 90 bucks and went

straight to a hundred. >> 90 is the target i'd like for on the pullback. when john donna hoe takes over in january, that's a whole different thing. because now we are talking about a new ceo who has full -- his arms totally around that world dtc, the whole thing that i think is something positive but when does it kick in. >> takes a couple of quarter skbls i'm looking at balance sheet and income statement ebidta increase friday 5.4 to 5.7 billion on annual basis. revenues gone up by 5 billion. growing to dan's point mid-single digits. >> yeah agreeing with you because we're waiting for the pullback we think what you imply is maybe it's expensive, right we're looking for the pullback. >> well you think the growing. >> there are other places grow growing faster i'm just saying >> hold on or the growth is going to one of the two things has to happen. >> i think you have to question whether or not the going to skrermt given the environment we're in

i think they are doing a lot of good things. but is growth going to accelerate is there something incrementally they can do that not priced in today. >> at leisure again. go to sneakers innovation it's a word you apply to technology but it applies here nike is the innovator. you look at at leisure you see what lulu lemon does athletica is could go. these are places where nike is competing and arguably in a pole position because they are closely assigned innovation, higher margin is the reason you pay more for the stock brian. >> nike we're watching that. obviously more tonight of course tomorrow morning and we'll talk about lulu lemon later on in the show. >> huh. >> of course you know folks, we are in the home stretch for who will dau shopping. december 19th por feet's sakes but not maybe a merry christmas. we breakdown the naughty list. but iac is breaking up with match. but no tears here. that got us thinking what other companies my benefit

investors if they were broken up with, became single in the parent company we are naming some names as always live from times square, back tethis do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended

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♪ >> neil sadaka. ♪ breaking up hard to do. >> breaking up can be hard to do sometimes it's for the best. because that's what happened between match group and iac interactive both going separate ways at iac spins off the dating website. but when this did it match shares soared process because we are tv types that got us thinking what other companies could benefit from a big time breakup in splitsville tim seymour kick it off with the name. >> we talk about google and the argue whether the regulatory stuff could the company be split up i think when people look at the parts in google there is a core business youtube is something that i think is extremely intrinsically valued and part of the problem for investors is they don't really breakout youtube testify new it's tough to know based upon what we know they did last year somewhere around 14 billion in net reef revenue if

you look to it multiple they could be implying this is a $150 billion company on a stand alone if you want to put the $1500 target on google which some other people may not want to do. it's about 10% higher. injury it's interesting. may not happen in the short to medium team term because youtube is valuable to goog and fits in with what they are doing. bus but since we are playing it makes sense. >> when think about the parent that has a trillion dollar market cap or so, that value for youtube is very much a big part of that. so i'm not sure spinning out one of the billion-plus user properties does the parent a lot of good. i'll make one other point, when you think about google they don't have a social property amongst all the different properties. >> that is it. >> this is about it. and they need to keep this thing. it's an important point and meshes together a lot of the other services >> the social aspect is very important. all the names, facebook, google it's all about network effect. where can they sell ads, get

revenue and what levers they can pull talk about it all the time they have a lot of levers to pull if you break out something like yub, youtube itself my do well terrible for goog. because they wouldn't have the levers and the -- >> did see the highest paid youtuber, came out $26 million a year 8-year-old kid reviewing toys. 26 million bucks. >> i've done something wrong. >> you didn't review toys. >> what have we done right is a better question. >> breaking up hard to do. dan nathan do you have a name might benefit from breakup. >> this is a faber report. >> going to be great. >> yeah great. >> elliott took a stake in at&t earlier in the year and pushing for divestiture of direct tv this is one this company brought direct tv about 20 million subs at the time. about four years ago paid $50 million for it. when i think about this at&t has been very inquisitive have the vertical strategy they are trying to employ they have a ton

of debt and $190 billion in debt and they have to pay that down and that direct tv base is shrinking and may not be as valuable i'd be with elliott and this should go. >> i like what you are doing there. because i think elliott is forcing for change they are forcing change in the c sweet might avoid the next bad purchase like direct tv. what's it worth here you are selling this asset near the bottom that to me i'm not sure it the right time to do it even though it makes sense. >> but it's an anchor. i think that's the point. >> what didn't make sense was the god father music. >> or was that young frankenants. >> i would saythis is the exac opposite situation that google and youtube have where youtube is very valuable dish to me is an anchor on what's going on at at&t and you need to cut it loose >> okay. now give us your pick. >> now it's my turn. >> my turn time to shine "fast money" it's kraft heinz this is a merger that would just was horrible from the get go.

>> i got it. >> you want these two to split apart. you have warren buffett in there already told you this has been a bad deal the problem the companies have is they're just this massive conglomeration of brands that nobody wants they have some good brands but can't pivot, shift, can't address the activates of america today. and if they made a acquisition and shift add bit they are so big it's not moving the needle for me i split them apart. kraft one way, heinz the other warren buffett in themyle saying. >> is that what you're saying they never managedny efficiencies. >> pushingback. >> has there been a food deal that we point tout out to that says that's worked great. >> rjr nabistico. >> it's i was around for that. >> kraft heinz would be the name anybody there believe that kraft heinz could, would. >> as these guys talked about that was about financial

engineering. squeezing as much as you could out of assets that frankly the food companies traded at a premium. the problem again splitting up at a time when food companies saw a peak multiple 18 months ago. i don't know how you get the value back. >> okay. pete your pick. >> i give you something just totally off the wall that makes a lot of sense however which is delta with the credit card company. go back and look at target when they spun off theirs 2012, got $6 billion from td for that entity when you look at american express right now, the global billing is 8% of those comes from the delta american express card so that is something not being priced in at all i don't think right now. and by the way, when you spin it off, you hold on to 51% put out 49% still have a piece of that and that's a business they say is a six, 7, 8 billion-dollar business by 2023 and still a piece of it. >> i think you have learned that lesson from your hometown favorite target. when they. >> darn tooth sfwloon when they

spun out the credit card they spun out the business. i would like delta to model after target. >> a lot of people are looking at what target does many other things they mirror that this is one more. >> good stuff there. interesting names and interesting thing there. we have the god father music as well. >> young frankenstein. and much more "fast money" ahead. here is what's coming up. >> announcer: what a difference four months makes. back in august bond markets were flashing warning signals but what are they saying about what's to come in the new year plus "star wars" fans gearing up for the final installment. but will the box office be a boon or bust we have more when "fast money" returns. you and i both know we need term limits, that congress shouldn't be a lifetime appointment. but members of congress, and the corporations who've bought our democracy hate term limits. too bad.

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all right welcome back to "fast money. you knew that stocks hitting highs again today. but there is something big happening in the bond world that's a total 180 from what happened just a short time ago so let us fire up the oltd "fast money" time machine for a trip back all the way to late summer when this was playing out on our air. >> a brutal day on wall street stocks plunges as the yield curve inverted since the occupy. the dow dropping more than 800 points >> yeah, remember that, late summer panic of the yield curve inversion. imminent recession imminent doom today the spread between the two and 10-year treasury hitting the highest level of the year. dan nathan is the bond market sending the all clear. >> of course not when was the last time we had a yield curve inversion.

2006, the stop market didn't top out for 12 to 18 months which is what everybody was saying last summer chill out the market is not crashing here. but we have a year, 18 months. that's the average i the don't find that particularly useful one way or another. i don't think anybody was saying on august 6th, 2019 the market is crashing here because of the 2/10 spread inverted >> it sounded like melissa said that we were down 800 points. >> was i the only one that heard that. >> the commentary shows the yield curve gets a lot steeper right before a recession what's interesting, if you watch that yield curve along with jobless claims, jobless claims tick up, yield curve gets steeper then you have the recession. but that's 12 months from now. we're looking q42020 at the earliyiest. >> is the yield curve steepening from the short end or long end what do you want to see? i would make the argument that the fed cutting rates and

sending out the vibe you saw a bull steepening from the short end. the rix bank in sweden said no mas to negative interest rates we heard with the boj. we're hearing with this the fed who started this globally. zero interest rates are not working. and we hear central banks making this plea ner trying something ultimately that pushes yields higher. >> i want to make one point. your point is when the fed cut interest rates july 31st 25 basis points they fixed the inverted yield curve and did it two more times who the heck knows what was going to happen there on out the market was getting killed that day because of the new tariffs. that combination was a weird situation. the point was 12 to 18 months when you get the recession on average in the post world war blah blah whatever who knows what the market does

between inversion and inception. >> we'll wrap it up. number one a good lesson to viewers and listeners that one indicator dos not a market make. the swedish rix bank said no more in swedish. lets bring in tom lee coed founder and head of research at fund saturate global advisers. released more 2020 outlook, this morning bullish, tom. >> yeah, i think 2020 will be a continuation of the market we saw this year. but it's a lot more about the fact that earnings could beat invitely on the upside we have a pmi recovery an inventory build easing financial conditions plus potential for fiscal stimulus. all this means earnings could grow more than 10%. >> the majority of the guests on outlooks and predictions optimistic but not wildly so 7, 8, 9% gains high single digits for the s&p

500 where do you stand. >> i think the minimum is plus ten. >> minimum >> that's just in earnings with flat pep i think pe could expand i think total return next year will be better than 10%. looking like 2010. >> what part of the subsectors do you think you get the most earnings inflection whether recovery from trade in where do you get most. >> 45% should come from tech, industrials, energy and basic materials. a lot of them are sectors pmi if you want to be cyclical overweight thosen and it's like 2016, 2017. >> we know the federal reserve said they are tolerating more inflation. when does that erode the earnings you are talking about do we have to worry about that in the first half of 2020? >> yeah, inflation a wildcard because a little bit probably is embraced by markets because as you say negative rates aren't perceived as healthy

but a hot inflation read would scare people because of what central banks have to do it's uncertain but, you know, i don't think expectations are high. and i think we won't see anything for at least the first half. >> tom, we talked about -- talking about the yield curve and everything what about financials? where do you stand for 2020? how -- is that a great area to be you mentioned tech, energy, a lot of things. i don't know if you heard you say financials >> i should have mentioned financials because it's 21% of the russell 1,000 value index. financials have really been good earnings producers in a tough environment as the curve steepens they can make more. they are underowned i think they do great next year. >> one point, all summer i heard you as lead up for the inverted yield curve. you were lake don't panic. i give you credit and i read your stuff you guys have been dead on in that but the point about the stock market next year and saying multiple expansion didn't we see a lot of that? year over year where s&p

earnings estimates were the start of 2019. >> microsoft. >> and where they're going to be right now. we're down 12 points and the s&p up 27% and trading at 19 times isn't that how we got the expansion? isn't that anticipating what you say is probably a base case scenario for earnings. >> yeah, so 2019 was all pe pch started off at 12 times. we're exiting at 18. it's been an ease collapsed pe has gone up. but when you do forward estimates, i think earnings estimates are going up for 2020 and 2021 i think the multiple might actually contract but skens sus bringing numbers up. i think that's why you can still get 10% but lose a point or two on pe. >> making a lot of people happy with the predict if it comes true but we're having you stick around if you don't mind i think tom has a lot to say about what's coming up next. there is a call out there i can'ten, so wild and bold, literally debated before the

show whether we should even talk about it ooh. but we will. and we're going to bring it to you and get reactionhe"ft ne rurns wn as

all right welcome back to "fast money. lets look at bitcoin, the crypto

falling this we can. one major bitcoin bull says it might be ready for a big time breakout long-term venture kpap i will tim draper doubling down today that bitcoin price cost hit $250,000 each in the next two years. brian kelly at the plays it ma i have to be honest when we talked about earlier today i said i don't know if we should talk about it. because i felt it was so bold it's almost irresponsible. but he is well-known he is not saying anything he doesn't believe. we did this. i mean, is there anything you see that could make this bizarreo prediction happen. >> you know, it sounds bizarreo but won be out of the realm of what bitcoin has done in the past that's why i wanted to bring up the chart. this is not my call. the chart we have here is a long chart of bitcoin since 130u7

as carter worth would say, the lines draw themselves. but you have this channel back to 2013 and trading nicely in that look at this if you go out here to the top of the channel here, that's about 200,000, 250,000 so bitcoin just stayed in this pattern and this is normal analysis that people do on all asset classes. if it just stayed in that channel, the top of the channel is around 250,000. that's the technical behind it the fundamentals lets call it that if bitcoin were at 250,000 that would be a $4.5 trillion market cap half the market cap of all the gold in the world i think tim draper thinks and i have this view is that bitcoin is taking market share from gold if you think in the next two yeerps it could take 50% of the market share then the prediction isn't out of whack. >> not too far out of whack. come on back to the desk tom you've been bullish on bitcoin. i mean, and again i'm not disrespecting tim drape he were

at all he is an incredibly smart and successful guy but is this a headline you put out to get news? or do you believe this can happen, not you but him. >> i mean, i kind of agree with brian. when you look at that on a log basis, the idea that bitcoin would get interest would be consistent with the idea of a generational trade i don't no he if 24 months is how long it would take but if it took five years i think it's still considered a huge massive surprising success. >> 250,000 -- >> anybody. >> heerp is the point the guys are making i would put it in different terms for a guy not in the bitcoin market every day the volatility you see in the asset class is so extraordinary that it's been a great year for bitcoin despite the pullback. >> it's doubled. >> people playing in the asset class from the impinge are used to these kinds of moves up and down and are not running for the door at least not the the dedicated. there are a lot of folks running into the asset class and run for the door and i think that's the message.

>> lets not forget bitcoin was basically worth a penney the first couple years of existence. it's had the incredible run zploos i think that's the point. it's not unusual for thisasset class to move that much. whether it gets there we don't have any idea. but it's not unusual to see it >> and my beef with the call is not that i don't think that bitcoin has value. i mean, it's that i wonder if that move down from 20,000 back gown down has just scared off to tim's point so many potential buyers of the asset class. >> but i think we are washed out. listen you don't need a $250,000 price target to do well in bitcoin. if it went to 14,000 you'd double your money. >> if i was 8 feet tall i'd nb the nba if we could, right >> i'm the world's worst basketball player. >> but the point, it was up 14,000 this year that's not that unusual. up 139 earlier this year the moves extraordinary but not

unusual. >> anything else in the crypto space, tom before we let you go that you like. >> in blockchain plays >> you know, i mean i'd still say if i looked at 2020, the easiest way to make money in crypto is a position in bitcoin. i mean, as you guys mentioned it's done well this year what's interesting, is that you know crypto especially bitcoin does seem to be textbook in some of the systematic model. one of the best is tom demarks his combo counts and if you look at thecharts at 13s they have been turning points. bitcoin is getting close to a buy. >> a well-known guy to the show mark husgo if i screw up yorp stat, mark i apologize. >> of course he is watching. >> his whole point, a wealth management guy and hedge fund guy his point if you had one or two% of the portfolio in bitcoin one or two% you would have increased gains -- again i screw

up the numbers -- by a couple% a year you substitute one or two% from some other asset class and you would have increased your overall returns very nicely. >> yeah, and if i think regulatory opposition which has been a dark cloud the last few months, if that diminishes next year, 2020 should be a lot better than 2019 for crypto. >> all right good stuff. >> good risk reward. >> and bullish on the equity markets 10 plus% you hear the music and you see the tree with only a few shopping days left until christmas we are finding out what retailers may have made the naughty and nice list as always live from the nasdaq so close to that tree. back right after this ♪ with the kids jingle belling and everyone telling you be of good cheer ♪ i♪t's the most wonderful time of the year ♪ we're carvana, the company who invented

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all right welcome back to "fast money. we are in the final countdown to christmas. five full shopping days lever. ramp it up and cnbc all america economic survey finds 43% of americans plan to shop online this holiday season but the majority of respondents will still head out to stores.

that's good news for retailers hard hit by e-commerce giants like amazon and others the in next made millions running balls runs raider hill advisers dan, welcome please dispel one myth i believe exists and maybe it's not true is that the internet while growing still is not going to kill everybody, because americans fundamentally a like to shop. it can be fun and it's an experience i'm not defending all retailers. but i'm not -- amazon is not putting everybody out of business. >> they are not and in fact they've taut retailer how to distribute properly. they're actually helping retailer thrive. at the end of the day in our business the best merchant wins, whether amazon, macy's target, wal-mart never bet against wal-mart we lerpd. as a practical matter if vuk a bricks and mortar presence and

digital presence you're a winner >> who is doing it right. >> target is doing it right. wal-mart is doing right. best buy is go are doing great 70% of those people going into a store by online pick up in store, are also buying something else in the store. so the cohesion between the two, between the bricks and mortar and the digital is what's making people successful. those that aren't doing it successful will ultimately fail >> two out of three, minneapolis companies giddyup. >> great companies, there, yeah. >> i do wonder if that's the hidden part of the retail story, dan that not enough people are talking about which is when you go into the store you're coming out with something i didn't anticipate buying online you target a thing and buy that. that's the lost revenue of retailers they don't talk about. >> but it's still happening. because the up sale when you buy online and pick up in store -- people will be incentivized to pick up in the store because

retailers lose money shipping you goods for free they have to figure out a better way to get you in the store. when he they get you in the store there is the up sale and that's highly profitable and we'll see more of that as this evolution continuing process. but the whole concept of apocalypse of bricks and mortar was overblown we talked about that for years best buy was the best kpafrp people talked about them disappearing they have done a phenomenal job turning it around abbas wal-mart and target. >> but the apocalypse around department stores noticeably absent from the analysis here. are they dead? so tied to the mall experience you know well. >> i think some will struggle to survive and some get it done right. i happen to be a fan of macy's i like what ms. ds is doing. >> what are they doing. >> sophisticated buyers. they are reinventing the inventory, sourcing the right goods at the right price right time they have to make the experience better obviously. but in many respects in our

business people talk about experience the merchandise is the experience you can have a great experience. if you have lousy merchandise it doesn't work and macy's has a great buying group i wouldn't bet against. >> you mentioned the up sale with the omni channel approach and amazon making other retailers better and that's clearly the case with names like target, forced them to make the investments. do you see amazon doing another acquisition of a bricks and mortar retailer because obviously that was their first step because they are just online or were online. they're getting 50% of new online growth, right with youo but don't they need to broaden it out wouldn't best buy be a great retailer to own nationally. >> i think there would have been a number of great retailer for amazon nationally. the request he is if they have a store. forget about whole foods just amazon store i'm not sure what they put it np they are great distributors of goods. but walking in the stores i don't know if you argue they run a great experiencing store with terrific merchandise

they have to run a different kind of store. but i think there is the opportunity for them to have expand the reach dramatically. >> i do hope just for the sake of places like northeast ohio where there is a lot of unemployment and the giant hulking empty malls they provide down the value of everything around them, that amazon or somebody else buying them and use them as distribution centers that could bring jobs or whatever we'll see that's a different conversation dan horowitz thank you very much happy holidays happy new year. >> happy holidays. >> the christmas shopping season might be closing, a few days something happening in the new year that options traders set sites on and one ien at leisure stock a name we talked about earlier oppenheimer. alone rosen is at the plasma to break down the action. >> we are approaching a unique period in the first three weeks of january with the holiday

updates, quarterly sales and icr conference starts january 13th for three days, unique pliefrmt. bringing sellside represent he wassen banking and research and private and public companies discussing trends in the consumer industry. one thing we noticed is there is a lot of moves because 25% of the preannouncements occur in the three-week period. we want to focus on lulu lemon, a stock many people love i was there last weekend buying clothes and they're scratching the surface in many areas. we want to add exposure. looking at the statistics the last eight years they moved up or down 12%. but the options give the opportunity buying the 220 calls in january spierpg january 17th, the three-week period. paying $9 for this the stock was around 224 it's a $5 premium. 2.5% it's a cheap way to add

defined risk exposure. one thing we like with about lieu you lemon specifically if you look at the implied kohl volatility you buy volatility cheap and also seeing the stock starting to churn a bit every dip being bought we want to maintain upside you have a great way to add exposure, define risk we want to be in lulu lemon calls higher into the new year. >> alone rosen welcome to "fast money" good to see you we'll see you again. pete we know you love lulu. >> continue to love it all they do is continue to deliver. whether the e-commerce side of the business or they talked about men and they're absolutely killing it on the men's side as well there is different -- we talk about the stocks all the time and where they can grow from where they are that's where they're growing those two elements -- the other day there was a huge seller out there of almost $3 million worth of stock that was holding down the stock a while. now that's executed and we have

more upside coming in the stock. i own the stock. i would sell calls against my position because piem already long but sell them well out of the money. you get great premiums every two months, the end of the year it's an incredible amount of money percentagewise you can get back in. >> that chapter on the one-year basis is a work of art lower left bottom right. and you drew the lows from 2018 $200 is a level where we'd be back at the up strend and that's a great entrants but the trade that aloep laid out you risk a few%. targeted ray event telling you on average the stock moves this much around the event that's a way to do it around defined risk. >> talking about the addressable market totally change. you look at this 4.5 bagger in the last two years but the valuation with that kind of growth i'm reluctant but can't defy the market opportunity. >> it's been a heck of a run by the way they had issues, the ceo, the founder had a fight

this thing has been a phoenix rising from the ashes. >> they do big intel. >> i'm check going out, you know >> i'm just saying. >> big and tall. >> they do big and tall. >> what does he is mean for that. >> all i can big and fat now thanks a lot dan nathan final appearance. >> for more "options action" be sure to catch the pull show tomorrow at 5:30 p.m. eastern time pass the peanut brittle. up next, "star wars" opening weekend and julia boorstin live in hollywood for the movie launch please save us may the force be with you >> well, may the force be with you. this is disney "star wars" exhibit, the evolution of the storm trooper, the basements of the el capitan theater in hollywood where there is a 24-hour movie marathon since last nighttime in the lead up to the rise of sky walker we show you how disney is

pulling out all stops for the final movie in the "star wars" saga we'll tell what you it means for the media giant. that's coming up after the break. >> announcer: "options action" sponsored by think or swim by td ameritrade ♪ ♪

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all right. welcome bang to "fast money. so we quote breaking news on darden restaurants the parent company of yardhouse, long horn steak house and olive garden the stock down 6%. the buzz kill. shares falling offer the restaurant operator missed estimates on top line posted the biggest loss since march of 2018 stock positive on the year but lagging broader market saying literally tim looking at the release. the lasagna mia promotion was a bust. >> didn't get people in the store. >> you think there would be margin there. >> what happened here the same store sales at olive garden with all due respect to long horn, the fact they missed same store sales by 1.5% and extended thanksgiving period brings in question whether they hit the full-ier guide at a time when there are other call them secular structural dynamics labor, food costs this stock at best is neutral looking at the street. and don't follow the news in

there tomorrow. >> anybody like darden >> no. >> no. >> maybe at $100 but it looks like it's going back to that i don't think you have oh. >> tough environment. >> it is thank you. all right moving on. as we saw julia, the final frontier for disney's "star wars" trilogy, the rise of sky walker theaters around the globe. julia boorstin in hollywood, california. >> weird. >> it's a trap julia, thank you >> there has been a movie marathon going on here since last night in the 8th film in the series. last jedi playing now and the rise of sky walker debuts in a couple of hours and the theater, the disney's el captain isn't one of 21 around the country that has been doing the movie marathon to give you a sense of the demand from the superfans when the 500 tickets for this marathon went on sale for $125 apiece they sold out within minutes. now, com score projects that

this week this will gross about $$175 million at the box office. $$200 million would be the second biggest opening of the year and the seventh biggest of all time even in that range it would be well behind the prior two "star wars" films. now disney says it will not release another "star wars" in movie theaters for another three years. but the streaming service and the parks still have a lot riding on the franchise in the meantime disney spent over $1.0 billion on each of the "star wars" lands in orlando and anaheim opening earlier this year, the company admitting that early attendance was lower than expected. and swars is of course a key piece of disney plus "star wars" spin off the mandalorian. as a spin off the launch and they have several others in production we'll see whether it drives up more interest getting people into the movie theater or raises

the bar for people getting off the couch and going out to movies compared to the arrive reviews for the last two films, this film has a 58 positive critics rating on rotten tomatoes. negative in contrast there backup but no question that disney is a $4 billion acquisition of lucas film has paid off. the first four films that disney made including the last two have grossed nearly $5 billion worldwide and requesting into the weekend no matter what happens disney is dominating the box office this year with nearly one third studio market share for the box office in the domestic market here back to you guys >> any sign, julia of "star wars" burnout? sounds like that might be the case >> well, we'll have to see because there was a huge amount of enthusiasm for the mandalorian. sakting maybe a break since the last "star wars" there was a huge resurgence of enthusiasm. but i think a lot of people will

be curious to see how it ends. but the fact that are seven mandalorian episode at home they are expense etch the kind of thing you see in theaters. will that be a plus or mine us >> thank you very much just looking at the chart from "star wars" from streaming count, a note saying disney plus brought up 24 million new subs last month the stock does well. bob iger nobody questioning what a great job he has done as ceo but the mandalorian a little bit all over the place the new "star wars" as you said julia rotten tomatoes attendance maybe not what they want it to be stock has been a winner? stay with it >> disney plus is losing money but it's about market shapiro and i like disney. i'm not running away from that box office is enormous frozen 2 is a billion you had avengers lion king, toy store iv that's the fly wheel that keeps giving that's why the multiple goes higher >> listen if we get bad reviews

or bad numbers this week, then disney goes down monday. that's the opportunity to buy it. >> all right up next, we're getting our final trades att the names ready guys get th together as well. back on more "fast money" right after this at fidelity, online u.s. stocks and etfs are commission-free. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk while our competition continues to talk. - [spokesman] if you've tried colleg(group cheering)shed, snhu lets you transfer up to 90 credits

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it is time for final trades. lets go around the horn pete. >> everybody knows i love home depot which i do i think lowes has room to the upside giddyup. >> guyed giddyup. >> bk. >> bitcoin pounced off the interesting level, same level on the trend ryan last year the market continues to misprovides. >> how about 250 i'd be happy with that. >> is it me or does it feel like wal-mart has been basing at 120. >> basing. >> feels like getting sup set up to break out. >> would wal-mart be a top retail pick. >> i'm just saying the others we talked about really outperformed i think this plays well. >> i got to ask he can talk about anything. >> he can. >> dan can do it all. >> brian big and tall whatever you are. >> tall. >> what we talked about nike at the top of the block the gross margin expansion in the short run runs into some

headwinds from tariffs but again i think that's a one-off moment for effectively the leader in a duopoly. nike is the stock i think can you stay long brian. >> it appears that everybody loves lulu honest will good show tonight appreciate that. we'll see you tonight. "mad money" with jim cramer begins right now "mad money" with jim cramer begins right now my mission is simple, to make you money i am here to level the plain field of all investors. there is always a bull market some where and i help you to find it. "mad money" starts now >> welcome to "mad money." >> i am just trying to make you some money call 1800-743-cnbc o or @jimcramer. so much of successful investing is regroup b