tv Mad Money CNBC February 10, 2020 6:00pm-7:00pm EST
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>> there you go. utx. >> i am along with this name it's up 60%, six days, staying long. >> courtney, we love having you here cmg continues to break out to the upside. >> making me hungry. thank you for bein>> my missione 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 other people want to make friends, i'm trying to make yo 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 when the global economy is slowing. what do you do
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it's easy. if you're a portfolio manager you know exactly what you do you go buy the cloud stocks. you pick up some softwares as a service companies and then you sell everything else this was a good day for the averages with the dow gaining 124 points and nasdaq climbing 1.13% but it was the surging cloud stocks that led the market higher a move like this doesn't start with people waking up this morning and saying you know what i feel like buying some growth today. it starts when money managers are stuck by the lack of worldwide growth and default to growth in this case the culprit is the coronavirus outbreak which slams the brakes on china. president trump has worked hard to get american companies to source products from china and he's had some success. but we still rely on china for rare earth millennials to things like clothing. china have taken a share in
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manufacturing so now that huge chunk of people's republic are in lockdown, i think there will be some shortages. and tons of european exports end up in the chinese market and suddenly that is a big vulnerability. while china growth is slowing for years it was slowing gradually. 6.1% gdp growth last year that developed countries would kill for. and with the coronavirus the china gdp growth is about to hit a wall the fact ories where still offline. most companies that import from china take down inventory ahead of the year and so i don't expect them to be hurt immediately. we won't know how bad things are for another week or two or maybe not until the month of march but i think we'll have sources problems and that could drive up prices and the next crude, oil, and if
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china's economy grinds to a halt you spect oil to be down and sure enough there is west texas crude and the longer term demand for oil driven by airlines locking in prices, that is slacking too now most money managers don't spend time talking industrialists and retailers and oil people as i do they don't have to because the money managers are could take their cue for the bond market. and they need to worry about a slowdown and that is why they switch to stocks putting up good numbers even in a weaker worldwide economy. at this point we've gotten through the bulk of earnings season so they could take what they saw to earnings season. and there is only one theme that is resonating and that is the cloud. it makes sense the software service companies had a great quarter and very
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little to almost none exposure to china they are born in the usa it is hard to imagine bruce springstein creeping about the soon we saw an acceleration in the revenues initially i didn't believe it. so when microsoft reported a strong number for azure they figured they were taking money from amazon. not at all amazon blew away market estimates and the harkt has expanded even if the growth was slightly and that is speaking. you don't see market expansion when there is fierce competition and the amazon stock has caught fire have you seen that stock now i know it was like a bomb went off but the google cloud generated some excellent numbers. octo published a terrific piece
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where they estimate google cloud grew at a 67% clip faster than azure. new leadership in the form of an oracle star the dazzling thomas curran has brought in $50 million deals doubling year-over-year, that is impressive and amazon and microsoft and alphabet aren't completing on price. microsoft is with hybrid and google with artificial intelligence and machine learning what they're competing on is capacity because the demand for data centers is exceeding the supply and that is why portfolio managers bid up the two companies that make the nuts and bolts of the data center, amd and nvidia i know i told you to buy it. now the stock is above where it was trading before and reported a bad quarter as forr ---in vida -- that is
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over shadowed the retail business and alphabet and microsoft windows business you might think that is the tail wagging the dog but it is wrong. but it is the future dog wagging the trail. who else wins? when we think of the cloud, with we think of software as a service. that means we think of service now, oh, man, did you see that, that is -- adobe and it is on -- work day and bushry and vm ware and we have sanjay pulley on and splunk and salesforce and cloud kings and there is coupa, hub spot and octa and simple team are only dud was new relic which experienced a slowdown so i'm handing it over to alter
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ex taking money from microsoft xl don't look at that stock, it will blind your eyes we don't know how long this new found love will last if china manages to contain the coronavirus you could expect money to rotate right back out of these names and into more cyclical stocks including semiconductor with major china exposure with bombs today. we could see weakness if banks pump out more cloud stocks there are always more waiting in the wings but good news there. i think the stink of casper the unfriendly ipo down almost $2 from with where did became public last week could keep a lid on new deals for the moment. even if i know that is a mattress company by the way, that is been a terrible industry. you know what is not very firm, mattress firm. the bottom line, sometimes stocks fit a theme so perfectly they could ignite the averages without any other company doing anything at all and that is what happened today if you own them, don't get too greedy ring the register a wee bit but
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you have to hold on to something. i want to go to marvin in new york marvin >> caller: good evening, jim i've been watching your show for about ten years my question is on cvs viacom and to me it seems undervalued, they're earning $7.76 and the p.e. is $4.47 and they pay a dividend of $2.77 and the market cap is $21 billion. they're going to spend $18 billion on content -- >> i've got to tell you. i made that argument i talk a lot about my winners and we happen to own microsoft and amazon and alphabet. one of my biggest losers is viacom and i'm proud of that i want to describe what i said last week on my conference call, it makes me so mad i believed in the company. it sells at the lowest multiple
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of any stock in the s&p 500 but i was wrong, i got it wrong and i believed i'm wrong and that is wrong, wrong, wrong. so all of the things you said are drew it is what drew me to it but i'm wearing the viacom post-it and if we have tape i would put it on right now v-i-a-c right here wren in missouri >> caller: hey, jim. happy medicare age birthday. >> well, thank you different from part d and i've been working on that are where is part c and i get i guess a and i give up good but any way, it is a mixed blessing this medicare i'm working on it. what is up. >> it is good to see your sleeves rolled up for the little guy i'll calling about a
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security not affected by the coronavirus. the last report beat earnings and sales estimates, it also continuously raised their dividend but the stock has been on a tear lately, market excess, mktx, what do you think? >> well as my friend michael haley would say, winner, winner, chicken dinner you wan to own that stock believe me it is definitely a winner. the cloud stocks are winning but don't be greedy. if you own some ring the register on part, not all, but part of your position. but please hold on to something. there, now does that tell you the truth about viacom my crack staff knows exactly how to hake me look good on "mad money" is there still game in the market and i'm sitting down with the ceo for what is ahead and uber is on the road to profitability and i'm eyeing the company and what should the next move be when it comes to fossil fuels in the market i'm giving my take you know what, you're never too
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old to eat your words. 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 adss something he to madmoney.cnbc.com. what'd we decide on the flyers again? uh, "fifteen minutes could save you 15% or more on car insurance." i think we're gonna swap over to "over seventy-five years of savings and service." what, we're just gonna swap over? yep. pump the breaks on this, swap it over to that.
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pump the breaks, and, uh, swap over? that's right. instead of all this that i've already-? yeah. what are we gonna do with these? keep it at your desk, and save it for next time. geico. over 75 years of savings and service. ...take the personal assessment i love the new myww program, because it's tailored to you! and get matched with a proven weight loss plan. find out which customized plan can make losing weight easier for you! myww join today with the ww triple play! 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
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what in the world happened to the stock of take two interact software. one of my favorite names in the video game space for years and all of the 2k sports titled and the outer worlds and they have amazing franchises yet last thursday the company reported a disappointing quarter which sent the stock plunging 12% on friday even though they had a top and bottom line beat, a couple of negatives. bookings were slightly and weaker than expected thanks to soft performance from 2-k and
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wwe 2 k and they called out because they are a transparent company. they called it out they didn't get investors excited for the future so for that i can't blame them. is this a buying opportunity or do we need to be more cautious let's check in with the ceo. and mr. zeldin welcome back to "mad money." good to see you. >> thanks for having me. >> well first i have to congratulate you and i don't mean to be backhanded but companies will tell you they didn't miss anything and they did. i'm listening to the conference call, you told me wait a second, we're thought up to snuff and happy with ourselves so can you improve it >> i think we can. i think there is a lot of good news in the quarter. it is mostly good news we guided up twice in the year and we landed in the middle so i think the market is very used to us beating consensus and beating guidance and here we're right in the middle most of the news is great and
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one thing that was last is grand theft auto online is expected to have another record year, six years after the initial release and borderlands three and mda 2 k ahead of last year in terms of unit sold and red redemption has sold 29 million and so let's talk about the softness. there are two -- >> that is whateem did talk about on the call. >> two spots to do better. the first is people are accustomed to only great news out of the nba 2 k franchise and we don't expect to set a record. why? we made changes in the in-game economy which meant the consumer spending won't be as high as we expected we still have great engagement in fact the my team mode is up 35% in engagement and a profitable title we don't expect to set a record. the bleak spot, it will be rather small was wwe 2 k 20 where we missed on quality and
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sales. >> but straus, i was on the wwe conference call for the actual company and they fired a guy who has been on the show, i thought was a pretty good guy and i got the sense there is something very negative going on in the company right now. could that impact you? >> we have to take responsibility for what we do. the truth is it is a great brand and growing where it should be we have a great relationship with them. our game was not up to measure it was not good enough and they gave us all of the support. >> that is one of the things you ride yourself on. >> yes and in fact the most disappointing thing is we made the decision and i made the decision to bring the development in house and everyone expected higher quality this year and our scores were actually down. so we have more work to do. >> now, there was a departure and it happened -- started in the spring it was dan houser. now this is a rock star. a lot of people love this man and think he is the creative genius behind rock -- but behind grand theft. you made the point that his
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brother is still there but you did not answer the question about whether hes was the creative genius. >> so, well first of all, we're so blessed with so many creator geniuses and we describe the team sam houser founded rock star games over 20 years ago. he's been with the company ever since. he's president of the label. dan was vice president of creative and been on an extended leave since last spring and he's decided to move on and we wish him well. >> okay. >> and we really value his contributions. there are more than 2,000 members of the rock star team. >> that is important. >> so we believe it is a team sport and sam house ser a great player coach. >> all right >> the results are incredible now being able to say, look, we're going to set another record for grand theft auto online this year. >> let's talk about things that could really go right. we're close to jenson long, and when they wish you happy birthday, you think holy cow not that anybody else doesn't and -- he showed me what they
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have there is no difference between an actual movie which is the world you're from and this world that you're also from which is video games. now you're able to assess this, is this not the quantum leap that we've all b been waiting for? >> i think you'll see with the new console from microsoft and sony in the next holiday season, it is a big leap forward that has drew all different kinds of technology advances, not just for us and i think we'll have an even bigger and broader and better canvas on which to paint. >> do you think it is 4 g to 5g. >> it is hard to say we don't know the real express of 5g. i think it is a big step forward and our developers are excited about what they could bring to the screen. >> and let me be the oddball there is a new unfortunate stay at home move and china could come here because of coronavirus. it takes two hands i know you don't want to -- >> i don't want to say that. >> i waffled on asking you that because it puts you in an awkward position
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and anything that causes more people to stay at home is good for take two. >> i'll probably let you say those words. my own view is we would never want to benefit in think way from someone else's discomfort. >> but you see i have to ask >> it is hard to know. when i was in the movie business if we had a bad opening people would say it was a weather and if they had a good opening they would not claim it is the weather. so i'm not sure. >> oscars were down 20% this year good tor take two. >> yes we're the fastest growing in the entertainment industry and we expect that to continue. i've said this before on good days and on less good days we'll say, it we have to execute we mostly executed in the past quarter, but not across the board. we have more to do. >> i followed you for years and if you say you're not happy with the performance, that is when you buy the stock. because you don't find that kind of under-performance acceptable. >> no, i don't.
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>> thank you so much straus. straus zoellick. only a couple of break downs in the stock. everyone has been followed by a breakout quarter "mad money" is back after the break. fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right by consolidating your credit card debt into one monthly payment. including your interest rate right
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the next time you start worrying that a company can't change its stripes just look at uber when this thing came public last year management seemed unconcerned with profitability and the game plan was to lose money to take market share but fast-growing companies with no earnings swiftly found a favor on the wall street fashion show and uberstock spent the summer getting hammers that is when management did something remarkable they changed course. they've done it in record time suddenly uber cares about profitability. in fact, they expect to turn a profit literally by the end of the year and that is why the stock surged 9.5% on friday.
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what a move. i went positive on uber in late november, okay still back at 29 and at 40 with more room to run and let me tell you why i turn positive. because the company sure made it easy on me last week taunt's results we learned that it is working better than expected ceo dara shaw has getting that the company has been losing too much money that is what we learned. in december he put uber eats up for sale and i wish he would sell the whole thing because delivery is a tough industry and he sold it to -- this is structured like uber past deals where they sell the foreign operations for exchange for a stake and when they should the chinese business to dd schuster they got a stake in the
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china ride sharing king pen and then sold to grab in 2018 they got a 27.5 stake and ube ser losing businesses and exchanging for them ownership stake in leaders that they had a hand in creating because they move out of the market. if you look at the moves as a whole, uber suddenly and steadily become a more domestically focused business with a portfolio of international holdings that feels like others that we like isc interactive or soft bank i think they could be huge winners like when the stake happened in alibaba. in the short-term they're pairing back to focus on profitability. meanwhile it doesn't hurt that we're hearing rumors of consolidation in the domestic foot delivery. uber has been a black hole but it is more val automobile for grub hub merges with door dash
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of course grub hub denied the possibility and did it again last week but these gave uber stock a major boost. so into the quarter there are already meaningful improvement we didn't know how meaningful. when they reported on thursday night -- i hate to use this overused cliche but it did shoot the lights on. they delivered a nice top and bottom line beat and revenue up 37% year-over-year and market acceleration and smaller than expected loss. grow bookings increased by 28% and margins improved and that means that the competition is probably dropping a little bit it is getting less competitive monthly average platform consumers meaning users were up 22%. even better. on the conference call shaw told us exactly what we wanted to hear first the ride sharing business is profitable. it raked in $742 million before ebidta uber is having success overseas and the attempts to differentiate between high and
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low end services are paying off. and uber eats is still a money loser as they're trying to be the number one or two player and they will continue to follow the rides playbook and focusing toward healthy growth and market leadership and expansion that is what we wanted and some of the businesses are very profitable and just want to get out of ones that aren't. he added this quarter should be the period of peak investment for the business and you to hear peak investment and basically they're investing to compete in the markets where they think they can win and bail in markets where they're losing which is what i was pleading with when they reported before third and most important dara dropped a bombshell. that uber was targeting positive earnings before interest tax and depreciation and amortization by the fourth quarter of this year. you could imagine the year-over-year on -- contrast between losing and making money. it is incredible how did they get there better execution
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i'm going to quote, it is important to we tlab pla achieve profitability in the current competitive environment and without the changes to our current portfolio, end quote this isn't some pie in the ska forecast it is based on uber'sable to help itself. uber is not just pursuing growth, it is pursuing profitable growth. listen to this, while we've already started demonstrating strong profitability we view 2020 as a transformational year beyond which we believe we'll erm -- emerge with revenue growth and a positive ebidta, end quote. uber will no longer chase what he called bookings are empty calories and heard that meaning unprofitable rides or deliveries and then they had disappointing guidance if they were still focused on growth at any cost like you were supposed to last year at this time. the 2020 gross bookings were
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both substantially weaker than expected i thought that would kill them but after hearing him talk so much about profitable growth wall street loved the numbers because of the profitability figures were off the charts off of those sales uber forecast ebidta loss of $25 billion and much better than the $1.72 billion they were looking por. this is the tangible evident that they are sacrificing in growth and the empty calories only have profits and that is what this market wants to see. no wonder the stock rallied 10% on an ugly tape on friday. i thought it would go up again today. i think this might be a gift for you. listen to what he told andrew ross sorkin on a interview on "squawk box." >> if you look at our plan for 2020, for every dollar of revenue growth from q4 to q4 we expect to drop 50 cents to 55
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cents and that is by q4 and make the kind of investments we want to make to keep a high growth rate for many years. >> that is reassuring from someone who is bankable and i respect a great deal ube ser not are perfect. they're in constant war against local regulators that favor the interest of cab companies and we have them fighting for you in those cases and they didn't say much about uber trait -- freight. and i'm still worried about companies like post mates and door dash and don't care because they have backers who operate off the same revenue growth that is so out of style with casper breaking 10 today but at $40 this one is worth it remember, this thing came public last spring and it was hch worse back then and after that phenomenal quarter, uber has clearly gotten its act together. i bet it could soar past $25 and keep cloming as long as it hits
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the profitability target and believe in the ability to make the numbers because in dara we trust. roy in california. roy? >> caller: jimmy chill >> i'm the chill man. >> caller: calling from san diego, california. >> what is up. >> caller: booyah and want to wish you a happy birthday and also my mom's birthday. >> well that is -- that is nice. happy birthday to her. >> caller: thank you this is a real great day so it is bob iger's birthday. >> caller: all of the real ones were born today. >> all right >> caller: so today i want to ask you one of my favorite trends to invest in this the proliferation of disruptive software and technology companies, some of the biggest winners have been with shopify and ultra x. >> those are good companies.
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>> caller: we've seeing growth of e-commerce and the internet of things and the 5g roll out and the growth of fin tech and the different sectors hot right now, right. >> right. >> caller: with that being said i feel like the importance of cybersecurity should be at the top of every ceo's mind today to protect their own company but also the customers'. and i know that cybersecurity is competitive. >> and china is demanding that we have it witness the equifax so how could i help. >> caller: so we would like to get your perspective of crowd strike. >> crwd. buy it i think it is terrific that is a good one with. speaking of good oneses, i like the stock of uber and there is a big block according to bloomberg out there of about 6 billion shareses might be a great opportunity, okay. now i think it will hit its targets and therefore the stock
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could keep climbing through the $45 price where it became public much more "mad money" and including how an announcement from georgetown the university has colored my view of fossil fuels. and then bernie sanders could be china's economic nightmare, no one is thinking about that but i will and all of your calls on "the lightning round." so stay with cramer.
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i spent the past few days in washington, d.c. at georgetown university parents weekend and i've got some important news, i'm not talking about the jolla's come from behind victory over the paul university blue demons on saturday i'm talking about fossil fuel. they announced the university will invest in fossil fuel over the next decade. you know why i think oil and gas stocks are are bad long-term investments. this is a huge part of it. but crude sale wouldn't sell them at this moment. they got crushed today i expect a major boost later this year and that is when you should sell. more on that in a minute why unload later in year because
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it is not only georgetown. just the day before the tack ult at harvard, my alma mater voted to demand that the university pull out of fossil fuels these stories keep coming up if feels like it is turning into a groundswell and these things could have a life of their own and a major impact last month black rock very publicly embraced sustainability and said they would make it a part of the investigation decisions. microsoft is going carbon negative by 2030 and i did the show this stuff matters i know i upset a lot of people particularly the oil and gas people a week and a half ago when i told becky quick that they're in the death now tase and they reminded me in the tobacco stocks when they were uninvestable when you pick stocks you need to game out where money managers are putting capital and now huge university endowments are
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marking tor esg purposes that is environment and stability and corporate govance and i think the oims a-- the oils are tradeable. if trump is at the favorite in the election, the whole fossil fuel complex should give you a bounce republicans love fossil fuel you have a few polls that looks like the take back of the house of representatives then it could roar from these levels so i'm not saying this is the bottom i'm saying there could be a tradeable rally and that is we're hanging on to bp and which you could follow along on our club and i don't want to own it but i sense it could rally with this red hot economy giving president trump a boost i bet we'll have a better chance to sell with crude breaking down below 50 so that is an important caveat as i predicted oil has been hammered and anything with a bounce including the stocks, they do bounce, listen to me, you have to sell you haveto sell them in the strength because long-term it is a lot of
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trouble and can't be owned you can't make good money owning them long-term because it is difficult for a fossil fuel company to go carbon neutral i can't imagine how many trees exxon would have to plant to be carbon neutral let me explain georgetown are going to seize new investments in fossil fuel and georgetown is the only second major university to make this commitment behind the university of california shem. why does that matter because it is coming if from the students at georgetown they conducted a year long review process in response to student pressure and i have to think this was a much easier call. while georgetown only has $1.8 endowment, the 60th largest, they are the bubble team in march madness of endowments but the point is students and faculty are pushing for the same thing everywhere, you're just seeing the manifestation right now in georgetown. you know who is the number one seed of endowments, it is
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harvard. with $40 billion under management last year and the faculty of arts and sciences voted in favor of divestment 179-20 and the university president said it is under consideration. the faculty thinks that investing in fossil fuels makes them look bad. they are right kids take climate change very seriously. and the faculty doesn't control the portfolio but they have a very loud voice. even if you think climate change is a hoax, you have to admit it is a successful hoax people believe a real problem for people at universities, that is why i expect more and more schools to get on board tor divestiture bandwagon and push these stocks down long-term. for example, late last month pen announces they would no longer invest in coal and that is what georgetown did two years ago and divot from fossil fuel six months ago the university of california system is investing in fossil fuel but they didn't do it to placate
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environmentalists. as the chief investment officer explains it we believe hanging on to fossil fuel assets is a financial risk and that is why we made our $13.4 billion endowment fossil free and the $73 million pension will soon be that way as well, end quote. they have a point. since the university of california made that announcement and vowed investing in mid-september and the energy spdr is down 11% and the s&p is up and nasdaq up 17. it is a dog for years. people realize the fleas ain't going away this is a victory offize own success. we're sitting on massive quantities of oil in the united states and a ton of capacity unused because it is not profitable with the price of oil under $50 a barrel when they open it up they open up the spigot and then the price goes back down
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that is why the earnings have been so disappointing. and core labs that is a good company have slashed the dividends and i expect to see a ton of mlp and nat gas companies do the exact same thing in the near future. there will be many bankruptcies if that doesn't help let it pass. i think the oil will bounce hard because later this year people can't resist the big yields and even some are unsafe when they rebound that is when you have to bail who am i to make this call okay, listen back in 1983 when i was at harvard law the school was invested in companies doing business in apartheid south africa and i argued it was immore to invest and not only that it was bad business bad for our endowment. in the end harvard divested from south africa and the investment movement put out the hold of free elections i would like to think i played a role but i don't think i was alone in recognizing the stocks as
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terrible investments were selling any way. the same thing with big tobacco in the 90s i think we're now seeing it with fossil fuels it is one thing to own oil companies when the stocks are are going up, but when they are going down it is easy to take a stance against pollution when they are wrecking your portfolio which they will. the bottom line, amongi the divestment movement and it is too hard to invest in fossil fuel any more. i'm betting you could have a good trade out of the group if president trump's numbers tick up once that happens, you need to sell and sell into whatever strength you could get and be finished with this group as an investment class "mad money" is back after the break. legendary terrain in telluride,
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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. >> announcer: lightning round is sponsored by td ameritrade ♪ happy birthday from everybody ♪ happy birthday to you. all right. well it is -- yep, my birthday and it is time, time for "the lightning round. and then "the lightning round"
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is over. are you ready ski daddy for a version of the lightning round. >> thanks for taking the call. happy birthday and -- to my portfolio, bud, your thoughts. >> it is thought bad it is better than it used to be and gives you good income. if you do like the beer business i suggest consolation because i think it is making a big comeback to david in virginia >> caller: hi, jim happy birthday. >> thank you >> caller: i was wondering what your opinion of msa -- >> i have liked this stock i gave a speech fieve years ago and i was about 50 and i can't believe some major company hasn't bought it and i stick by it they make the best product there is to u.p. in carolina. >> caller: jim, first of all very happy about the -- >> thank you, u.p. >> caller: i have a question
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about ali bargain outfit. >> yes there was an -- -- a sad man, a sad death, mr. butler who ran the company and i just think he wasn't -- i know he wouldn't want me to say that. but he was the company and i'm not recommending it. let's go to alex in california thank you. what is up >> caller: i'm curious of the recent purchase of habit i want to know if it is a buy, sell or hold. >> that was a very bad pizza hut quarter and the stock reversed after i went over the credit card i did not get encourage add at all that there is a turn any time soon. to mark in california. mark >> happy birthday kbuia, jim. >> booyah. thank you. >> caller: i'm sure you know here in california the
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electrocute ilt has been shutting off the power grids preemptively due to fire danger. it affected a lot of homes and businesses often for days at a time i live in the mountains so i bought an emergency back-up generator from jenner acand after talking to the installer i also bought the stock. >> i think you're right to do that i felt that i'm like you in an area where the power goes out way too frequently and debated doing it and getting one myself and all i hear when i do my work is that the demand because of the grid in this country is so poor is high i with wish they would fix the grid in the interim you buy that one. how about we go-to guy in new york guy? >> caller: happy birthday, dr. cramer. >> thank you, guy. >> caller: i have a question i own both raytheon and united technology would y i would like to now how the merger is going to affect the
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share price. >> you'll end up a company that is combined. this is great. this is one where you got to own it you're going to get this combined institution and it is unbelievable and i think it is going to be the best other than candidly i still like that combination of l3 and harris my fave. to mike in florida >> caller: jim cramer. start with happy birthday, my friend. >> thank you. >> caller: booyah. i am interested in talking about vpe petroleum. >> this is one that makes me say that fossil fuels are no go. that is exactly why. you can't touch it i'm very sorry and that, ladies and gentlemen, is the conclusion of "the lightning round. ♪ happybirthday from everybody ♪ happy birthday to you. >> they have the numbers backwards. who set this up?
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>> announcer: lightning round is sponsored by td ameritrade it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight.
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thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪ whatever happens out there you have the hilton app. will the hilton app help us pick the starters? great question, no. but it can help you pick your room from the floor plan. can the hilton app help us score? you know, it's not that kind of thing, but you can score free wi-fi. can it help us win? hey, hey! we're all winners with the hilton price match guarantee, alright? man, you guys are adorable! alright, let's go lose this soccer game, come on! book with the hilton app. if you find a lower rate, we match it and give you 25% off that stay. expect better. expect hilton.
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it has been a rough few weeks for china. there is the coronavirus outbreak and a public health nightmare and economic catastrophe. the communist government is in crisis and it will get worse when new hampshire holds the first in the nation rhyme tomorrow why? because the polls suggest that bernie sanders will win the granite state tomorrow and unlike 2016 when he had no chance of beating hillary this time they are fragmented but mayor pete is doing better in the polls today and when it
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comes to china, bernie sanders makes trump look like a dove to bounce the scales for the people's republic and trump's tariffs brought them to the table to open the door for the conditions that want to compete fairly over there. that could balance our trade deficit and so far the chinese are sticking to the deal but as hard as trump has been on china, sanders is a lot more harsh even though no one talks about it this is a guy consistently opposed every trade agreement with china for years now and he thoughs china made a millions of jobs and these deals were about selling out the american workers and own the almighty dollar but it could be the worse economic night here it is not just trade you self-professed socialist to be soft on a communist regime
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but he is a hardliner on abuses. watch this he also wanted to support the people hong kong against the repressive community party boy do they hate that. in other words when it comes to trade with china bernie sanders is a more of a hardliner and much more aggressive i know when president trump called xi jinping a great friend, but if sanders gets the democrat democratic nomination the prc could have a tough time. they were banking with joe biden. they wanted his victory. seemed natural but after the poor performance in iowa that looks unlikely. if he picked up the nomination they may pray for a trump victory come november. it is hard to imagine president xi surviving a sanders
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administration who could have foreseen that trump would be the softy certainly not xi but after tomorrow it might be self-evident stick with cramer. to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence.
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(vo) save over 40 hours a month with intuit quickbooks. the easy way to a happier business. all new american greed calls herself a financial myth buster but feeding fairy tales but when suspicions rise she silenced investigators. don't miss it. 10:00 on cnbc. thank you for the fabulous cookies. everyone weighed in, my sister and my wife and my kid, but cramerica when you weigh in you make me feel terrific about
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being this age i have a lot more in store for you. i ain't going any are where. stay right here because you don't want to miss the special report about the coronavirus outbreak i promise to find it just for you right here o the cnbc report begins now good evening, i'm scott wapner, as we come on the air there are several key breaking story lines surround the coronavirus outbreak the death toll in china just passed 1,000 and has been 42 days since the world health organization was alerted to the health care crisis >> desperation in china. authorities take a new defensive measure. mass spraying of chemicals design to the kill the deadly coronavirus. >> the good worry here in beijing, the millions returning to work this week. >> this as
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