tv Mad Money CNBC January 29, 2020 6:00pm-7:00pm EST
6:00 pm
>> to me it was. but i want you to be happy. >> it was obvious to you do you think it was obvious to everybody else. >> excellent point by you. what was obvious the excellent quarter by the nasdaq scott. >> ooh that does it for us thanks for watching "fast money. "mad money" with my mission is e you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money" and welcome to cramerica i'm not trying to make friends, i want to just make you money. my job is not just to entertain but to educate and teach so call me at 800-743-cnbc or tweet me @jim cramer you know what this market loves? it loves transparency.
6:01 pm
they pay lip service to transparency without doing anything about it but today it did start strong without giving up the ghost and s&p dipping and and nasdaq we saw a triumph of true transparency. i'm talking about apple. apple. saw the stock jump 2% in the wake of a spectacular quarter. back in november of 2018 apple upset a lot of people when it decided to change the way this reports. it would not longer break out the unit sales for iphone and max and ipod because the ceo explained it at the time the number of devices sold was no longer really a valuable metric in how to value the stock. the bears came out in full force arguing this were to longer being transparent and why not hide the numbers unless something was wrong and a said mot to worry and i said what i
6:02 pm
always say, own apple. don't trade it and it collapsed falling from $122 when this announced the shortfall thanks to a decline in chinese business for a moment it looks like the bears might be right maybe it did go opaque because the best days were behind dit a few days later i went to see tim cook and he had never felt better and wasn't surprised by the decline because the market could be emotional in the short-term but assured me the pipeline has never been better and the eco-system has, quote, never been stronger. and and it was too soon to reveal that i would be basiled, so would you. and then the iphone 11 came out and that is exactly what happened most wall street types assumed this is nothing special. number 11, come on but it is the biggest blockbuster yet.
6:03 pm
and he told me last night, the product is incredible and people love the battery life and the camera look at this portrait of my wife lisa harbor iphone 11. it is so great it does what hundreds of people that were shot by true artists it looks like annie leibowitz and it issar bis, but no it is me the growth of the iphone itself responsible for the stock's phenomenal surge today, apple is up 128% since everybody freaked out about the business a little over a year ago and apple wasn't trying to beo pay when they changed the way they reported. new pricing plan at $35 a month, they made unit sales a worthless metric like apple said it would be they have nothing to hide. the phones are selling like crazy same thing for the air pod proand the watch and the only thing is the service retch stream, up 16%
6:04 pm
we wanted 17%. but the long story short that people that bet the most transparent company had had missed out i hope you listened to me when i told you to stick with it. i got that one right i knew the bears were wrong because apple has a tell every time the stock gets slammed, they get the stock to buy. he's listen to this. and since 2012 they sent $325 billion on repurchases and average price of $129. by the way, that is 40% of the company shares obviously most of that happened when the stock was crushed a year ago or in years before the program started but in there buying back stock all along and that is the tell they don't spend massive amount of sums on buybacks and try to hood-wink you. apple is transparent you just had to take tim cook at his word and you could have taken a killing. who else has done that
6:05 pm
general electric ge tried to obscure every weak portion of the business which is every part of the business i only took a year of accounting but even i could tell the ge bookkeeping was more fiction than fact. there was no way to understand how the company was doing but then they got in larry culp and he realized you need to be an al memmi mem -- an al chemist to understand it. he told us everything. it was disspiriting when he revealed how bad everything looks. but he's a straight shooter. when the guys at page -- i won't mention his name about how the numbers were crooked, culp had a ton of credibility when he responded by purchasing $2 million worth of stock at 7:00 dollars and change and called that hit piece market manipulation pure and simple, end quote. correct. culp is always working to right the ship and the stock has
6:06 pm
roared since last summer and today ge jumped 10% after results were excellent and more importantly they were easy to get your head around they look like the numbers you get from -- an industrial. a huge winner. and all you have to do was believe larry culp and include that purchase five points ago. and the final act in transparency is boeing reporting a hideous report but stock rallied. imagine the bogus reassurances about the grounded 737 max and stop telling the critics to shut up and gave you cold harded number the fact that the backlog hasn't gone down but boeing made it clear they don't know when the max will be back in the air. that is up to the authorities. all they could do is try to make the plane as safe as possible. at long last they were candid they just don't know hearing that was frankly a breath of fresh air. sometimes it is admitting what you don't want to hear the fiasco is paying millions of
6:07 pm
dollars because that is the price to get this right and they'll spend more before this is over. why did it it very bad news allow the stock to rally because boeing stopped treating everybody like idiots. we were tired of the bogus certainty and hearing from the previous regime. it is not a surprise we knew the max is a disaster but we heeded to hear management be honest about it bottom line, investors want the truth. when we get the truth, you need to recognize it for what it is or you could miss out on tremendous opportunities it is easy to assume everyone in this business is cynical but taking that approach kept you out of monster gains at apple, and in ge. some ceos have earned the benefit of the doubt and guess who is getting the benefit of the doubt this very evening? none other than elon musk of tesla who has gotten about as transparent and you could get but not as satya nadella from
6:08 pm
microsoft. >> jim, thank you for taking my call my question is on john deere, with the first phase of the china trade deal complete will it help the farmers and how is the coronavirus going to affect the company in terms of chinese consumption, and, by the way, i own john deere equipment and let me tell you something, nothing runs like a deere. >> i agree i own the equipment too. nothing runs like a deere. and it is ininstructable forget about china and phase one is good for them and the ag market is weaker with all commodities and great time to buy stock in deere how about miguel. >> caller: jimmy chill booyah from tennessee, my guy. >> jimmy chill is being tried by the tesla people who don't realize that i like it but go ahead
6:09 pm
what is going on. >> caller: so wrestle mania is near i know it brings a lot of our payment success, will it bring stock success for wwe? >> well i'm not as much of a fan. i like them when they were on. but you know what, you want to play it another way. do take two where i have to believe that they have been able to capital more than anybody how about steve in virginia? >> caller: hey, jim, i'll try and be real beef i'm 57, recently retired, got a decent pension i'm looking to add csx to a well-rounded, solid long-term growth portfolio. >> okay. i think it is very smart but it is not a growth stock what it is is a company age to figure out with revenue not doing well how much money you could make a precision railroad. look at for folk southern where the volumes were horrendous and
6:10 pm
the company cleaned up that is precision railroad and i think that means treating the customer the way the customer should be. investors want the truth people and when they get the truth, you got to recognize it for what it is on mad tonight, the big game just a few days away and i'm focusing on the companies that could score big for your portfolio as my countdown for kickoff. and penn national just picked off barstool i'm talking to the two heads of the company to find out what it means and striker helped people get on their feet is is the decline a red flag don't miss my exclusive and stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc
6:11 pm
6:12 pm
osteo bi-flex - now in triple strength plus magnesium. apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com
6:13 pm
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. or here on a wifi hotspot. lte xfinity mobile has more coverage to keep you connected to what matters most. that's because it's the only wireless network that automatically connects you to millions of secure wifi hotspots and the best lte everywhere else. save up to $400 a year when you switch. plus, save even more with $100 off galaxy a50. click, call or visit a store today.
6:14 pm
with the big game only five days away, i'm going to spend this week comparing some of the favorite stocks to the players in sunday's face-off between the chiefs and the 49ers i wish you could say the name of the face-off but the nfl trademarks it. since i sarted taping the show 15 years ago i'm trying to make investing for regular people, young old, it doesn't matter so i like something in america's pass time a football analogy you could understand how a company fits into a given
6:15 pm
industry yesterday we talked running backs and tonight is about wide receivers. where teams look when they want to gain lots of yards and points in a hurry in the last fur years there is a shift toward passing and this position is more important than ever there is a most football drafts include a couple of top flight wide receivers in the first round and you know the names michael thompson, julio jones and devante adams and there is the peril of being a wide receiver these players are capable of making huge plays but they could be erratic and bust production they are like speculative growth stocks, specially in tech. you could see big gains if you pick the right one and got help if you pick the wrong one. so what is the analogy the best wide receiver for c kansas city is someone i love is
6:16 pm
tyreek hill from san francisco and deebo samuels not as good as tyreek hill but for the purposes of the analogy, it will work now hill reminds me of the stock of shopify the rapidly growing e-commerce facilitator and samuel is a rookie and feels like the stock of row co of roku. and it could be inconsistent when it it comes to stock performance. let me tell you why. why don't we start with tyreek and the chiefs now tyreek is in the fourth season and established as one of the most exciting and the fastest player in the nfl. over the year he's become a consistent receiver and he did get injured but he's a tough kid. after he came back in early october he fell right back into form more than 500 yards receiving and five total touchdowns in the first five games post injury and he had a huge game in the playoffs against the texans hauling in five receptions on seven passes for 67 yards and two touchdowns well, best of all, tyreek hill
6:17 pm
is an exciting player. his games come in big chunk plays. averaged 15 yards per reception and that is down by that he runs a lot of screenplays that feels like shopify. the cloud based software company that helps small businesses set up online stores like hill shopify comes into big chunks producing some incredible long-term performance. last year the stock nearly tripled. it is up close to 20% for 2020 and like hill seems unstoppable and shockfy stop got injured last year selling off hard during the big momentum sell off in the fall like so many other stocks in the same category and then in november it bottomed and roared right back about the time tyreek started playing again the darn thing has rallied 200 points in less than a few months time should give it a speeding ticket my charity trust did catch a gain but i'm kicking myself
6:18 pm
because that is my nature. they are a great momentum player and so is tyreek kansas city have another terrific wide receiver and that is sammy watkins first round draft wick 2014 and under chiefs head coach andy reid he's had an amazing resurgence and reminds me until today when the stock got killed amd, big chip maker and no longer the new ceo dr. lisa sue. for years this was a semiconductor conductor play and now an industry leader with a stock up close to 150% last year and what is funny about this one is if sammy watkins folds like amd did today then the big game may be won by, yes, the niners how about the niners they are unusual these days in that they have a run-first offense. and doesn't put up passing statistics so they don't have a
6:19 pm
breakout wide receiver and the best guy is a guy drafted and then cut because i was a dope and that is deebo samuel over 800 yards receiving and had three touchdowns because passing is not a huge part of the strategy and he is a great player and this is a rookie season and he was phenomenal playing for south carolina but he's also inconsistent deebo was an on again, off again member of the team cramer. i looked at him and he was off my team whenever he got the touchdowns and by the way, my fantasy team is not in your average league because everybody said mention the league i drafted him and i dropped him and anyway, i dropped him later in november. just bad call. i keep going back fourth on this guy because it reminds me of roku i drop and i like. this is the ultimately growth stock and they used to be a hardware company making devices to stream video from the internet to your tv but if
6:20 pm
recent years they've moved into software now roku technology is imbedded in most smart tvs and people were against it and then boom, more software, more say -- well i would say that it is pretty much in your tv if you check one in the new one underestimated roku from the get go after it became public in 2017, stock sagging 30 to 27 and then down to the 30s during the nasty fourth quarter selloff and the stock flying to 176 and then plummeting below 100 by the end of the month is this deebo. speb the last couple of months drifting lower back slides to 129 as of today. it is just an agonizing stock. in short roku up more than 200%
6:21 pm
and down 23% from the highs and they go back and forth just like they went back and forth on deebo. in all honesty, i keep getting both wrong i like to tell you when i get them right but i also like to tell you when i got them wrong and roku is one i got wrong. and what should you do with shop pie and roku i like respect for roku. they are momentum that trade on revenue growth which makes it tough to value they are both very expensive on any metric you care to name and they selloff hard when the market turns against momentum and that is why i compared them to wide receivers because you want to throw the ball to the stocks when they're open i don't think this is the right time i think you should wait for a pu pullback and then pull the trigger. they both report in a couple of weeks let's hope they deliver good numbers and then they'll get hit like we saw with amd today. high complying tech stocks are
6:22 pm
just like quality wide receivers along the signs of tyreek hill or deebo samuel. when everything goes right, they're explosive players who could get the team a significant amount of production in big chunks but don't be there if they drop the ball stick with tyreek, and stick with cramer. woman: what does the word "partner" really mean? someone i can trust. (impact, click) who is with me for the long-term.
6:23 pm
who understands i'm dealing with lives, not only livelihoods. that in order to help people, i need more than products, i need quality support and insights. can i find someone who partners with me to achieve people's long-term success? with capital group, i can. talk to your advisor or consultant for investment risks and information. we were paying an arm and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running.
6:24 pm
i was printing out labels and saving money. shipstation saves us so much time. it makes it really easy and seamless. pick an order, print everything you need, slap the label onto the box, and it's ready to go. our costs for shipping were cut in half. just like that. shipstation. the #1 choice of online sellers. go to shipstation.com/tv and get 2 months free. legalized sports gambling in 2018 we've been looking for winners to step up and take advantage of an amazing opportunity. that is what penn national gaming did today this is a company that runs kro casino and race tracks and they bought in barstool sports at $450 million penn national demographic spend money trying to attract customers but with barstool they
6:25 pm
may be able to lure in the company's much younger fan base and rabid fan base it is brilliant. and a great move to give the company a newer younger public face and more profitable too let's check in with jay snowden and erika nardini and dave port noy the barstool founder welcome and congratulations because this is one exciting thing. erika, let me start with you. >> all right. >> you could have been independent and doing unbelievable well and had accelerating growth, why this and why now. >> they had all of the things we wanted they wanted the barstool sports brand and the largest retail footprint in the united states they have a great management team and a shared vision of winning in sports bedding which is something dave thought about for a long time and we're committed to as a company. >> i think you said dave talked about for a long time and people think it is an overnight success
6:26 pm
but the truth is you've been putting out a rag for a long time. >> we've been around 17 years now, barstool sports and started as a fantasy newspaper and i handed it out outside of subway stations so we've been at it a long time. >> what did you see here because you have a 55-year-old base which is not bad. i ruin your demo but you've decided to do a -- what is kind of a radical makeover and decide to go young? >> well when pass book was over turned in may of 2018 and sports betting became a state by state legal opportunity for us, we're in 19 states we operate 41 properties and we're represented in more states than any gaming company in the world. and what we were missing, however, in this equation, to really participate in the sports betting opportunity, we didn't have a sports brand and so we met dave and erika in july and honestly we met two or three times and you knew a deal was happening. it came together quickly they have the brand and the fan base and we have the
6:27 pm
distribution and the infrastructure and it really makes sense. >> so where will i see the name barstool will it be on an app or casino and are you barstool >> i don't know if i'm barstool in the near future but you will see a app before football season and you will see barstool sports books at all of our casinos where it is legal and you'll likely see barstool sports bars throughout our property as well we're excited about the brand and very excited about working with dave and erika. >> dave you know i think you are the bright star this year. i said it to you behind and at the eagles game and i just feel it but i'm going to ask point blank, are you going to be compensated enough because i think you have immediate empire and i've always felt that immediate empire should be a mogul. will you with be a mogul >> yeah. so it is two fold. a, i was compensated well but for me the opportunity is so big i'm trying to get to sports team
6:28 pm
type mogul and this is what will hopefully take it there and i believe it in a million percent. >> and i would jump in because when we talking about this deal and coming together and i proposed to both dave and erika if the consideration going to the two of them could be more penn equity than cash and they said we want the same thing. they didn't even look at each other and they said we want penn equity as well. >> straight shooting people should be like that. i see they get one bite? >> we'll build one byte pizza bars. >> that could be worth -- >> but it is still maybe and now we'll have -- >> it is not definite. >> we love one bite. do you want to buy it? >> do i want to buy it i would do it in a nano second i have one bite. >> let's talk. you may have to buy from this guy. but we'll put pizza places in their casinos. it all plays together. it is hard to separate any
6:29 pm
barstool has a fudge funnel and what hake this is work is giving someplace now to leverage it, so monetize and placing the bets and orders and all of it. >> why do you come up with with the $7 to $10 billion betting. i think in thein -- the infancy it would be like that but if it is legal, i thought every sunday people are trying to figure out whether to take the one or not. >> we've built this company on underpromise and over deliver so we're using what are probably conservative estimates and there is an opportunity as states legalize which states and when does it happen so we're guessing. but seven to $10 billion by 2025 feels like a conservative estimate. >> the moment you did the deal the stock went up more than the price you're paying. >> that is a sign of a good deal. >> so erika, let me ask you, some of the casino commissions
6:30 pm
could be conservative. and i don't think you're radical but there are people that say you are. are you worried about some of the organizations saying i don't know if barstool is the right thing. >> we thought about that from the on set of what the partnership would look like. jay and i spent a week on the road meeting with every single possible regulator we could meet with we take gaming regulation seriously and will implement those the way dave would describe it, if you give us the boundaries, we'll play within the boundaries and it will change behind the scenes how we understand what the rules are, making sure we have the right infrastructure to make content that fits those. but at the end of day, we make content that breaks through because it resonates and it is real and it has been real for 17 years and we have almost 70 million fans who are engaging with us every month. we're going to continue to placate them and drive them. >> and your comfortable, jay, with the idea you're not --
6:31 pm
you're a conservative company and not necessarily in the -- you may be conservative but you know that these guys are different culture. >> no question we've spent a lot of time as erika said and dave and i have had conversations and i feel like they understand what the guardrails are and erika heard it firsthand from regulators with me and we're comfortable we could pull this off and it is such an amazing company and so engaged with fans and so entertaining and still be all of that but be responsible around topics like gambling. >> so you won't be rained in i still get my prez, right. >> there is guardrails which we totally understand and throughout the 17-year history, we've morphed. we live in different times and different jokes you could make so we'll play with them and be just as if funny if not funnier than we've ever been. >> i don't want to be too touchy feely because it destroyed the
6:32 pm
chemistry, but you dreamed of this and you lived your dream. i want people to hear it from el prez, what is it like to live your dream. >> it is surreal for those people that didn't know i flew to vegas and tried to get involved in the casino industry with this passion of mine to come full circle now and be in the position that i want to start out, sometimes you pinch yourself but it is also a lot of people i'm sure out there who may doubt us and that drives me so ican't wait to attack this, it is something i've dreamed about. it is the perfect mix, perfect relationship so i'm excited to do it. i don't let myself dream too much too much into the reality. >> and the dream you were born in the krocasino world. >> yeah. who would have thought three years ago that you would have an amazing sports media company and platform coming together with a gaming company with 41 properties and who would have thought. and but the sports betting is bringing it altogether it is our nexus to really
6:33 pm
thinking about the future and to targeting a younger demographics. >> you were five and your moms was the dealer. >> and i would pick up paychecks with her at the frontier in las vegas and i knew i wants to be in the business and here we're talking about sports betting. >> congratulations and this is one exciting thing and i hope it is the beginning and staying your being with it and being compensated and i think you're worth a great deal and thank you for giving them what they're worth. we care about them. >> they're worth betting on. >> you bet that is erika nardini and dave port any and jay snowden take a look at that stock. and given what is going on in macau, that is the gambling stock to own "mad money" is back.
6:34 pm
do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended 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. hey frank, our worker's comp insurance is expiring, should we just renew it? yeah, sure. hey there, small business owner. pie insurance here with some sweet advice to stop you from overpaying on worker's comp. try pie instead and save up to 30%. thirty percent? really? get a quote in 3 minutes at easyaspie.com. wow, that is easy. so, need another reminder? no, no no, i'm good. uh, yes please. oh. ho ho ho, yeah! need worker's comp insurance? get a quote in 3 minutes at easyaspie.com.
6:36 pm
6:37 pm
8% organic revenue growth. solid full year guidance and the stock got hit any way slipping 1.6% this is the buying opportunity it is had a massive run and that is why it went down. so let's take a closer look of kevin lobo with the first time in five years an the stock returned close to 170% since that last interview. trouncing the s&p 500. welcome back to "mad money." congratulations on the quarter good to see you. >> good to be back >> in many ways, we talk a lot about the millennials but the baby boomers are aging. >> sure. >> and they are basically in your hands, aren't they. >> demographics play to our favor with the technology that we have to offer they play to the aging population whether it is knee or hip replacement or stroke. it does give us a tail wind tor growth. >> that is why you've had a seven consecutive quarters of accelerating organic sales growth. >> that is the engine of our growth is new product development where we spent an increased amount of money on r&d
6:38 pm
going from 5% to over 6% of revenue and we've been very inquisitive as a company so we've acquired since about six companies and each tends to have a higher growth rate so after one year it is part of organic growth. >> and a big acquisition of wright medical and i don't know how that is going but that is killing it. >> this is a deal we announced that will close in 2020 but it hasn't done yet. there aren't a lot of billion dollars companies growing 10% and we had a five time sales for med tech and it did spook the analysts, just the size of the deal and the fact that it is a little bit dilutive. if you remember last time i was here we announced the maco acquisition which is dilutive. >> and how did that turn out. >> a complete home run. >> and explain that. >> robotics assistance surgery for knee and hip replacement
6:39 pm
robotics is here to stay in assisted surgery and now one out of every few are done with the robot, it is a complete game-changer. >> how would anyone not want a robot, like davinci, for the local hospital i did a pinch why would i not want to use make yo it is an advantage to a hospital. >> absolutely. it is like i say a complete game-changer not only for the patients or the customers but for the hospitals that have attracted more volume as a result so davinci is the leader for soft tissue and maco for hard tish or bone replacement. >> it is difficult and delicate but you are doing something nobody has done before. >> for streak treatment in particular we have three businesses within neuroand stroke is the biggest one. we call it our [ inaudible ] so this is -- [ inaudible ] strokes and so you if have a bulge blood
6:40 pm
vessel we pack it with titanium coils through a artery or pass a stent and put the sten out we're treating more and more patients and life saving and it could be debilitating and if you do survive but with our treatments you get the that treatment done and you're back to normal life. >> one of the things that disturb me about striker is there are rumors that you're going to be bought you want to be independent you have had 40 years of consecutive sales growth the best record of anyone in the -- publicly traded >> it is a remarkable track record if you think about. it we went public in '79 and 40 consecutive years of sales growth and our market cap is $80 billion and we were subject to lots of rumors and now we ar a large player. >> you have white space and emerging markets and you're there but you have a lot of
6:41 pm
room china too. >> absolutely. it is only about 6% of the revenue emerging markets but last year we had the best year since i've been at striker vong double-digit growth great performance in china, india, brazil, turkey and russia and all growing beautifully. it took us a few years made management changes and acquired distributors to get closer to our customers and they are paying off and we have a huge runway for growth in emerging markets. >> you are a medical guy and i hate to say this but like any medical guy i'm like tell me you're in china. what are you hearing in coronavirus? >> so right now it is really early. and it is really that area where we don't have a lot of employees and business this that area. our employees are all safe but with such a small portion of our overall business that it is not going to have much of an impact i don't think but it is too early to gauge the impact. >> i just want to talk about the knee business. there was a period during the great recession where they actually -- knee surgery went down
6:42 pm
it is supposed to -- like the ultimate noncyclical thing and how did it come back and what happened >> knee surgery is elective. and if you don't stay on your knee, unlike hip surgery, then you don't have pain. so hip surgery, if you have hip pain, even at night you feel it. >> right. >> if you're off your knee you don't feel it or delay it with a shot hyaluronic acid but you do need the knee to be replaced and now the market is robust growing 3%, 4%, 5% the last four or five years. >> do you think that is right. i felt that my college roommate it both knees replaced and you were not able to do anything. >> you could delay it but you can't get back to playing golf or the activities that you've done but now with surgery and doing kneeses without bone cement there is less pain, faster recovery. the word is spreading had a th patients have the knee for a long time but satisfied. there used to be dissatisfaction
6:43 pm
rate around 25% with knee replace mts so you didn't have the full range of moment and like a hip replacement but the surgery is getting better and the word is spreading so i think high school this is a tail wind for a long time. >> i'm gladded to hear you say someone who is going to hopefully not need it but it is in the cool kit. >> when you are ready. ic i hope i'm not that ready and i have a great long-term story and i don't want people to think anything other than a opportunity. that is the chairman and ceo of striker. it is a company go to the website and see the things they're doing. it is bionic "mad money" is back after the break.
6:46 pm
>> announcer: lightning round is sponsored by td ameritrade >> it is time. it is time for the lightning round. and then the lightning round is over are you ready? skee daddy jerry in new york. jerry? >> caller: thanks for taking may call your thoughts on at&t. >> i didn't think the quarter was nearly as bad as the stock
6:47 pm
was down 1.50 and the yield is 5.6 and i'm a buyer here andrew in georgia. andrew. >> caller: [ inaudible ] laboratories. >> they missed it badly when the semiconductors are hitting it out of the park. stay away. james in connecticut. >> caller: how are you doing >> i'm good. how are you. >> caller: the last of the characters on tv that really know how to teach. i learned a lot from you >> that is what we're trying to do teach every night. what is going on. >> caller: i have one suggestion and then i'll give you the stock. the ceo of this company has been working on this for five and a half years, the sca approved 25% cardiac care patients improvement. the name of the stock is amoron and supposedly pfizer and one other company i look at it --
6:48 pm
>> i don't know about the takeover but i agree with the the excitement of the situation and count me as a speculative buyer. let's go to anthony in michigan. >> caller: hello professor cramer would you tell me if vir biotech is a buy. >> what is that like -- that is biotech stock that i don't know whether to opine on and i would like to come back. to prash in illinois. >> caller: i have a quick question for you a small market cap company called man quest about up about 400%. >> that is stock is like quadruple or quintuples in five minutes so i have to come back on that one. when it it comes to the biotechs, i would rather say let me kick the tires than just say that looks good or bad because that is not what i do on this show to gabe in florida gabe >> caller: booyah, cramer.
6:49 pm
>> booyah, gabe. >> caller: i've been in facebook for a while. do you think it will continue to outperform -- >> i'm watching maybe fall i think people say that buy twitter because that is more opportunity or do people say the web is slowing so we have to hold that in abeyance and my travel trust sold some facebook and maybe not enough didn't want to take some taxes let me do work but i do happen to like twitter and i use it a lot obviously. a lot. to john in florida john. >> caller: hi jim. it is quite a while. this is john kay in eden, florida. >> how are you doing what is going on. >> caller: could you give me your insight on rite aid. >> this is a short squeeze when they reported the quarter. it went up big and then came back down. you know what, look, i like to -- i can't game short squeezes but i like cvs. that is charlie victor, not the
6:50 pm
pathetic cbs which is thousand buya come. larry merlot doing a fantastic job there. to richard in california richard? >> caller: hey, what is up cramer thanks i'm calling from oakland, home of the stormer warriors. >> the town. they call oakland the town on the show what is up >> caller: you're in the town. yeah but now i got to take niners too since the raiders are leaving to vegas. was calling about sprout farmer's market and what is going on. >> just like the raiders left and the warriors left, i think you should leave this tock it is certainly not where you want to be it is all of the worst combination, up against amazon and dairy and beer and retail and you've got store and you've got grocery and in other words stay away. let's go to connor in new jersey connor >> caller: hi, jim my name is connor, i'm from mountainside, new jersey and i was -- >> i like -- you have a very
6:51 pm
goodellks in mountainside. >> caller: yeah. i was curious as to your thoughts on line dell. >> i saw what dow chemical did and talking about inventories being low and i thousand it is the way to go and i would be a buyer and that ladies and gentlemen, it is the conclusion of the lightning round >> announcer: the lightning round is sponsored by td ameritrade ♪ ♪ apps except work.rywhere... why is that? is it because people love filling out forms?
6:52 pm
maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com
6:54 pm
what do you do when the market is just plain wrong in you have to be bold enough to take the other side of the trade. these mistakes tend to correct themselves and you want to be there when this happens. sometimes it takes minutes or days but you have to make a move i bring that up because market makes mistakes during earnings season when there is so much news that it is impossible to process it all at once after close tonight when people are trading thing crazy. this morning mcdonald's when i was looking at dow chemical and ge, mcdonald's reported. i focused on same store sales, auld the key metric and they came in at 5% and u.s. up 6% number so good i thought it was a typo they sent me a hard copy and it is no typo it is a real thing but when i checked with the
6:55 pm
pajama traders, the people who trade before the open while they wear their doctor denton footy pajamas. they were selling it, it was down a point and a half. at first i thought there may be a catch. maybe i missed something bad in the quarter but there was no catch. the pajama clowns were down and they close up 2% and this was like taking candy from a pajama clad baby but the market subject on mcdonald's have corrected itself starbucks and amd this morning i had the privilege of interviewing both of the ceo's i spent hours working on the seven to 10 minute interviews. ask my wife, it is nuts because what is the point of having this kind of access if i don't ask the best questions for you and here is what i saw both stocks got hit today and they don't deserve it. starbucks reported 6% growth in america. good and only a few years ago we were worried this chain would not get back to 4% because of the blew
6:56 pm
bottle and the cologne and blew stone lane but technology and improvements longer hours and new products and loyalty starbucks clawed back on top the it has a huge china business and everybody is terrified and correctly with the coronavirus outbreak starbucks is closed half of the doors and the situation over there is too uncertainty for forecast i talked to the head for action [ inaudible ] club and i own the stock and knew it would kbo lower. we knew it but we knew that the climate was wrong because sooner or later in coronavirus will peak and when it does i bet starbucks goes to $100 that is why i think the stock is fabulous buying opportunity down here at $86 and change off 1.88 today. amd. here is the stock with a huge run from the last quarter to this one when the management sounded circumspect about the future that gave the weekend investors a reason to sell what the the truth
6:57 pm
amd is on track to deliver another huge year with the road map and the chips and demand with the new gaming cycle coming in the endless cloud buildout and amd was down 6% and the lower it goes the more i like it neither reflect the real story underneath could they still go down of course. but i'm saying point blank that neither starbucks nor amd is priced for the future which is why you should use any additional weakness to do some buying stick with cramer. but nature's bounty has innovative ways to help you maintain balance and help keep you active and well-rested. because hey, tomorrow's coming up fast. nature's bounty. because you're better off healthy. nature's bounty. through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition.
6:58 pm
that's the power of edge-to-edge intelligence. imagine a mouthwash that strengthens your enamel, imagine, feeling fearless when you walk into the dentist. while preventing cavities up to 70%. act anticavity rinse. for a confidant feeling in your oral health, stop imagining, start acting. man: can i find an investment firm that has a truly long-term view? it begins by being privately owned.
6:59 pm
with more than 85 years of experience over multiple market cycles. with portfolio managers who are encouraged to do what's right over what's popular. focused on helping me achieve my investors' unique goals. can i find an investment firm that gets long term the way i do? with capital group, i can. talk to your advisor or consultant for investment risks and information. n[ inaudible ] -- an unbelievable blowout quarter and then tesla and they're so far ahead of where we thought they were people can't stop buying the stock. i wonder if anyone is still short because oh, my is that a nasty squeeze. i would like to say there is always a bull market somewhere and i promise to find it just for you right here on "mad money. i'm jim cramer and i'll see you tomorrow since "shark tank"
7:00 pm
ignited america's entrepreneur spirit. and we're still blazing a trail for those who take their fate into their own hands by working hard... at doughp, we serve nostalgia by the scoop. -whoo-whoo! -we're here for the big kid inside of all of us. -...by working smart... [ cuban laughs ] it's hardly ideal dipping conditions. but not with saucemoto. narrator: ...by thinking big... bolos: we want your help to bring deskview to every window around the world. narrator: ...and chasing their dreams... where do your envision your business going? world cookie-dough domination. -wow! -you're an amazing operator. o'leary: but i want a little more equity. i'll do it for 50%. -you've got to be careful. kevin is a vampire. -silence, please. captions by vitac -- ♪
95 Views
IN COLLECTIONS
CNBC Television Archive Television Archive News Search ServiceUploaded by TV Archive on