but a lot of folks believe 5g could be a tailwind for the smartphone industry. samsung is telling you today they intend to be a leader in 5g and could also help average selling prices, guys. >> appreciate it, josh thank you. this does it for "closing bell." >> have a good evening "fast money" begins right now. yes, does sara and scott thank you. live from the nasdaq market site this is "fast money. i'm brian sullivan in for you again. traders on the desk are tim seymour, karen finerman, dan nathan and guy adami tonight the maga trade trumping nearly every other one out there, microsoft, amazon google and apple adding more than a half trillion dollar in market cap but it faltered a bit today. can they keep up the momentum? plus don't call it a comeback. bitcoin above 10,000 will the boom continue

watch out, apple samsung pulling the curtain back on the flipable phone. josh gave you a taste a moment ago. a big monday show and lets begin with lyft. shares in the red for more on the quarter lets go to deidre bosa who has more on the conference call. >> i've been listening in. in the ride share space we moved from path to profitability to who can shorten it by the most uber moving that up when it said it's ebidta profitable by the middle of this year. investors looking for update on the 2020 target it outlined previously when i spoke to brian roberts they said they would address the time line on the call. 30 minutes in we haven't heard anything we'll lotte you know if it happens ceo logan greene said lyft is making progress on the path to

profitability and how it gets there. have a listen. >> we expect to deliver continued strong top line growth in 2020 while also making progress on the path to profitability. as we have discussed on prior calls, there are three key themes we are focus ds on. first is product innovation, second is profitable growth. and third is operating leverage. >> now cfo brian roberts has been speaking on the call about 10 minutes already and still no mention of any change to the profitability time line despite a beat on top and bottom lines brian as you moeted shares are down 4% in the havre hours it rose on the back of uber earnings when it updated it's time line. another key question likely to be asked is the impact of regulations. while uber has been making changes to the platform, lyft is observing them it says and focusing on a ballot initiative that could exempt them from the gig economy law known as ab 5

could require them to treat drivers as employees versus independent contractors. roberts telling me earlier that the 2020 guidance assumes status quo. we'll continue to monitor and bring you anything if it changes direction of the stock price in the after hours. >> investors don't like it and the early reaction long way to go. guy adami lets talk about it. >> yes, sir. >> you have the lyft crow talking up a couple of things. one is profitability wouldn't you like all three profitability, profitability and profitability. >> yeah, and they addressed this a few quarters ago i think this is a very good quarter. i think the reason the stock is down is because it's gone from 38.5 to 53.5 in a straight line. and people are taking profits on the back of it if you look at contribution margin 54% this year last year this time 45.5%. what scared people might be the full-year guide. but i think this is a stock got ahead of the skis in terms of

stock price. it did a little back and fill. i don't think it's going to the 64o 3 level is failed at a while back but the high 50s is no the cards. >> more focus on profitable rides whether airport rides is something to talk about. but to get a away from structural profitability issues we thought were part of the transportation as a service sector out of the gates is crazy to think we can have gone from a place -- and the stock is up 24% year to date 112.5% into the print over the last five days. i want not a huge surprise when you don't get the renewed fuel for the fire to profitability. to be clear they were ahead of uber talking about profitability. they have a simpler business model. but profitability and rationalization in terms of competitive landscape between these to you folks i'm no the sure is here yet. >> karen, they are domestic to tim's point, do not have the food delivery business trying to remain stable. you look at the analyst

community. 38 analysts covering it i don't know why but 30. >> 38. >> the high-price target is 90 the low is 35. median is 65 the analyst community has no visibility into $5 price difference in targets. >> that is interesting i think though when they are talking about profitability i think they are getting to break even as the first measure of profitability. then i think talking about margins is how do they grow the business and grow the margins? i actually like lyft i agree with guy had it not been up so much into earnings i think it would have been a very okay. we'll see what he says on the call about does the time line change any that's important but i like it for the reasons you said it's a cleaner story than uber. >> yeah, i would mention this. obviously this is a two-horse race as far as the product is concerned. the last thing you want to do this far from profitability is see the companies tripping over each other to get ahead of skis

and ahead of themselves on guidance getting to investor visibility and the analyst community, at the end of the day you could obviously drive a truck through that sentiment i think they have laid outed guidance when they get adjusted ebidta whatever that means because it doesn't mean profitability. but i think the investors want the path towards it. i'll say the last point here is that this stock broke out of that the 50 level, been below there for i don't know five months or so i think investors are comfortable on how these guys are getting to that 2021 guidance i don't think you want to see them get too far ahead of it. >> it's a weird world guy adami. >> it is. >> we talk about this company. >> and lyft. >> tesla, you might have heard with them heard of them a few times. >> a few. >> everybody talks about the autonomous cars. driving us around won't need

ride sharing or if we do it's in some sort of tesla related vehicle. >> maybe or maybe that's the existential risk to ford and gm and the reason those stocks traded horribly the last six or seven years. i don't know you can make a fair point. i don't think it's the death nele for uber and lyft you have to decide which is better situated, has a better platform i continue to say it's lyft. i think the run up is such that it makes sense people are taking profits. but the numbers are improving. 36% revenue growth quarter over your your and year over year 28, 29%. that's an interesting play right here 48.5 is where you get back in. >> it's interesting you bring in the tesla valuation, because at least with tesla there is pie in the ska you can incorporate in terms of data, battery pack. this is ultimately -- it's a service revenue dynamic for them to get to that q42021 ebidta positive they have to grow trip

growth 24% rpu revenue per ride by 24%. that's straightforward it's not a case where you take the valuation and begin extrapolating growths prospect i don't think can you. >> let me make a point we're talking about a company you said yes public at $72 now at $52 they put 3 billion in carbon the balance sheet and preserved their ability to get to whatever the targets are. you talk about data and existential threat to the car makers, someone has to make the karps that are going to be autonomous on lyft and ewe uber networks this company -- people talk about when was apple buying tesla? this company will get bought by -- some day by a massive data could be apple, google. >> not gm. >> or tesla. if you looking for vertical integration. this market cap if they can accelerate profitability at some

point this is not a $13 billion enterprise company. >> brian i'm not sure if you're aware that guy adami was working for lyft with the talk about employees being drivers. >> i did and. >> have you thought about come back to the squad. >> they called me a number of times. i was an early driver. hopeful the crack staff back in dak searching for the footage because it's wonderful there you go look at me with my -- look at the white gloves that's what we call white glove service, brian look at that watch. >> sounds like you just. >> genius. >> at the end of the day and lyft pr is on the phone in 30 seconds. >> why, why. >> do you invest in a taxi company. >> i don't necessarily. >> i know -- >> you're being difficult for the sake of being difficult. think about. >> i'm being difficult for the sake of think about it. >> think about how disruptive these companies that didn't exist two years ago are massive

industries to public transportation, auto industry and. >> beating nvidia. they have driven up the price for the taxi it's for another show. >> the medallion business lets not get into. >> another big story, karen may chime in bed bath and beyond falling hard down 21% after hours after warning on the sales for the current quarter. i came in saw the chart and looked at karen and said didn't it just fall 20% a couple weeks ago what's going on. >> only so many times can you fall 20% forever you can. but this is a giant miss again it was unfortunate because, i thought that -- i don't own it i still think just the sort of existential risk towards -- from amazon is really a real threat i think -- i thought there was going to be last quarter a kitchen sink quarter where they marked down everything, gave you as sort of downbeat as they could.

apparently not this is pretty bad when you have same store sales like that you're having margin compression which they are saying as well it's very difficult. this is a falling knife. stay away. >> anybody around the table. >> yes, sir. >> willing to take a chance, put a bid in on bed bath and beyond. >> a lib abb reference remember the song take a chance. >> take a chance on me. >> or is this the investor as waterloo. >> better job. >> take it all on amazon thank you. >> knowing me knowing you, guy you have a case where this. >> bring it in bring it in. >> anybody buy bed bath and beyond. >> no it would be $7.5 stock in pawing there is hunl short interest watch for tomorrow, does it trade four or five times normal volume maybe indicating shorts covered and chance to go higher. but answering the original question no you have to be a dancing queen to do this

properly. >> what's really weird they are known for the 20% off coupons. four times in the last two and a half years this stock has declined 20% after -- that just seems weird. >> it's like off the stock and the merchandise. >> it seems odd. >> can you hear the drums fernando down basis points and it was heavy on troemsle activity taking them down $7. the stock doubled into the print. don't chase this it was treated ato as dead rallied because people thought they overcame the promotional activity and what we read is unprofitability is coming through. >> i met the ceo at dinner a former school teacher from australia by the way. >> come on. >> excellent hire. >> we could get into men at work songs. >> come on cnbc. mark if you are listen be love to hear from you investors would. >> a trade making your portfolio great again. and later, what is this mystery

stock? and why are we showing it to you? because options traders are betting that prices are going to pop. there is the chart money-making opportunities right here on "fast money. in the meantime, don't forget, no tv? no problem watch or listen live anywhere on the go on the cnbc app and we are back right after this ♪ we can go walking ♪ ♪ as long as we're together ♪ we ended up creating, as you all know, so much more. peloton is truly a category of one and we're just getting started. now, let's do this. together, we are going further than we ever thought possible.

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all right welcome back to "fast money. we are getting more details on lyft and that maybe path to proermts or profitability or not. deidre, bosa what are they saying. >> the first question during the analyst portion. would lyft move up the ebidta profitability time line after uber did so last week. the cfo said when we set the target a couple months ago with a bit of a chuckle he wanted to be clear the strategy is to drive profitable growth. he says quote we remain confident we can achieve our q42021 target. shares remain lower in the after hours by 4%. >> deertd thank you very much.

not moving the stock still down 4.5% after hours there guys. if they say something -- lets move on if we go back to this briefly. if they say something about bringing the profitability target forward, does it change your view on the stock, guy. >> yeah. >> or do you have to be skeptical they achieve it just because a company says something doesn't mean they do it. >> coming across the tape here they say the market underappreciates the metric of revenue per rider and need to get the numbers up appear they are picking on uber when he they say they are not looking for loss leaders profitability, yes, that's the issue. we have not seen structural profitability in either of the names until they told us about it and we've been taking at the them on the come here. if they can take more that would be positive. >> about the targets i heard

cofounder in the fall john zimmer said they haven't missed an outlook they have given they laid out the profitability target the last thing you want to see is them sweeking it. you want it something achievable a year out and then put up the numbers on demonstrate on the other metrics how you get there. i don't think it's something you want to track quarter to quarter. >> not moving the stock still down 4.5% after hours. a lot more to do here is what's ahead. >> in "fast money" world maga has a whole other meaning. that's been the driver of the market gains this year but where is it going from here? later, unfriending facebook. what's causing the stock to drop drop today we get you answers that and more when "fast money" returns. this is the age of expression. everyone has something to say. but in a world full of talking,

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all right welcome back by now loyal viewer, of course you know the fang stocks but have you heard of the maga trade. don't worry, nothing to do with politics but dan has been wearing the hat on this that trade for some time. >> i came up with we think it's pretty original. we're calling maga microsoft, apple, google and amazon hashtag that m.a.g.a. >> back in september of 2018 since then, the maga trade has absolutely sky rocketed. dan, congratulations, you coined a new acronym. even the president tweets about this. >> listen, sully what we did is made acronyms great again. this is interesting. the point here is the four

companies given the motes, profitability, we knew they are special. at that point in the fall of 2018 it became very clear to me that sentiment was getting a little hot valuations picking up a bit. my view was then if they trade together then the market follows with them that happened in q4 of 2018 there's been other periods since the summer of 2019, all tray trading together amazon was a bit of a laggard. look at year and the performance of the four names all up between 10 and 18% driving massive performance in the s&p 500 at a time when there is a lot of headwinds to growth and owning equity and interest rates aside. stay on the concentration of it. you think tim that there is ominous times where a few stocks

run the performance. >> lets pat you on the back again. we talked about this, you talked about it in the fall of 2015 when we saw the same four stocks effectively be the leadership that was -- people running into capacity because global growth was very much in question. and of course the caved first two months of 2016 so i don't know if this is foreboding certainly these companies announced blew the cover off the ball as they announced ix numbers. >> bring up the graphic guys where you showed half the maga trade was up and half down today. look at the market that's what happened the nasdaq 100 0.1% ito did we learn unless they all participate it's not really up. >> carter talked about apple

soft and amoogle. >> because microsoft and apple broke out so much. that was interesting to me that's happening or has in the last few days. i think the run is getting a bit long. >> what i'm saying, guy adami, if ma goes up appear ga goes downen if half up and half down. >> can the broader market still rally. >> or do we need the four clydesdales pulling the cart tim has been talking about. >> or to carter around karen's point can two take the helm from the other two and dan is shaking his head mentions this quickly. microsoft traded two and a half times normal volume. that's something to watch. 24 hours does not a day make, brian. but if it doesn't. >> you know what i mean. >> docent it.

>> let me tell you what's different this time. it 2019 apple gained 113%. earnings and sales growth flat year over year the iphone units did not grow. what was that doing? multiple doubles microsoft had high single digit earnings and sales growth in 2019 but the multiple got to basically a record high the last 15 years trading 32 times or something. that's what's different. i'm not going back to 20 years the company didn't have that profitability are or the moats or anything. but i think 2019 pulled forward a lot of good news especially as remote era reflected in the multiples. >> one of the four names has something we be talking about exposure to china and coronavirus we have breaking new numbers numbers on the outbreak lets get them with meg tyrrell. >> at numbers from hubai province the epicenter of the outbreak confirmed cases rose by

1638 and additional 94 deaths confirmed bringing the toll to more than 1,100. and we get numbers from all of china later this evening but a note the country changing the way it counts confirmed cases. now someone testing positive for the virus but no symptoms won't be considered a confirmed case last night's new case numbers were markly lower and that could explain why. there is skepticism that china may have changed the methodology to keep case counts lower. experts i talked to said this would be logical to count all positive cases it has a official that name. covid 2009 the virus seen in 2019 they needed a name that didn't reference a place, group of people or animal for concerns about stigma the names create. they don't want another swine flu or mad cow disease.

>> covid 19. lets talk about the investors and market and your money. joining sus john hancock's investment analyst >> proper in. >> what a night to come in, emily. unfortunately coming off the news that i wish was better. if you had at john hancock to say the most important thing for viewer's money in the markets is coronavirus, the fed, earnings what would you pick. >> you obviously read my notes the three top things that we're focused on right now i think if i had to choose one i think it would really be the fed or central banks globally. you think about all of the geopolitical risk that markets have been presented with in year, whether iran, the coronavirus, never be ever fight the fed. never ever fight central banks >> even in the face of a potential global pandemic. >> you have seen chinese policy makers respond with epic amounts

of stimulus over $300 billion in the past week. markets reacted to that. the challenge now is that we see portions of the yield curve reinverting. i don't know if that's a word. they are inverted again. that's putting the fed in a tough position can you believe they added all the stimulus and now the yield curve is inverted again? they are in a tough spot. >> a hypothetical. lets say we have good earnings >> right. >> and get strong economic data and people start to question the fed's resolve or even desire to be helpful to this market. is that really bad for the market you don't want that good data. >> i think it's a great question i think it is. because i think markets are reliant on this now. think about not q.e. the fed increased the balance sheet over 400 billion at the end of last year. >> qe 5 is coming. >> they said they are at 60 billion until tax season and beyond

what if we see that pulla. i think the end of qe is a risk. >> welcome, we talk about this a lot. you talk about the fed and the market i understand that but that's what everybody says that but why? the fed and market should be about as far apart as they are. >> i think it's too late the markets hang on every word from jay powell. i think he stuck to the script last couple days reiterating neutral stance but watching coronavirus. the other thing to think about the earnings back drop you look to 2020, expected growth for the s&p a lot from highly cyclical parts of the market industrials materials energy we think you need to to see acceleration in the economy to get there. >> the viewers smartest out there and they know this but it bears repeating pb the fed cheap money, issue corporate

back usual the cash shrink the share count make the eps go up. >> it used to be the easy money was there for a corporations to actually, you know, buy or spend on capital expenditures hire get the economy going. we haven't seen that since we had the rate cuts in july and since the fed expansion of the balance sheet. >> buybacks are fueling this market look at where the retail funds are going. $80 billion out of equity funds last year where the market was up 32% granted that was multiple expansion and we can talk about this but this is a environment are where the market has a lot going right. everything is awesome. >> what is it 22% -- i'm throwing out the numbers. >> sarah teigen. >> 22% of the available stock came out of the market through buybacks think about that 1 fifth of the market is gone. sure makes the eps numbers easier to hit. >> especially for tech, maga, fang, whatever you want to call it. >> you highlight the trep tags

about where we are in the cycle. it's the only year central banks pulled in. and they did when the markets got slammed. got scared and ran for the door. why should it change >> think about it. it worked. if you think willo process leading economic indicators hasn't gone negative in the u.s. for 10 years sue, 2016 when china's economic growth was falling off the cliff. >> what happened more liquid i. now it's a balance how to get out of it. >> i don't think we know how. >> the risk to the market is what. >> the end of not qe. >> which is by the way in april. isn't april when they roll this program off. >> for now for now. >> our view iris should mark cardiums emily roland great stuff. >> thank you. >> with first quarter gdp in the u.s. now downgraded to 1%. it's tough for the fed to be reeling stuff in when the economy is coming off -- even if

corona and that's supposed to be one off. >> downgraded on squawk and friends there was the shair sharma on of morgan stanley that u.s. makes up 56% of market capitalization and our economy at 20% of gdp. there is something wrong at that point especially when you see the shocks. >> or right with us because the world is afford and bringing money here. >> right but back to the maga trade. >> we should be at premium but maybe not 100%. >> bashir is smart guy but our capital markets are so much more liquid than the ones making our economy progression proportionally less of the global gdp u.s. is a safety trade in a difficult market this is what emily is saying i think we goodbyed the guest but i think that's an environment where you could see u.s. outperformance. we have seen it before. >> egg making the opposite case. so you know the rest of the

world is outperforming because of the spread. >> quickly brian you brought it up one of the many unintended consequences of the fed made corporate america lazy because they've been able to do what you said and not focus on business because if the stock goes up everybody is happy that's a problem. >> making corporate america lazy again. marble head mass and will the flip flap we'll talk about it. is the facebook run finally fished win analyst thinks so. back in two minutes. ♪ ♪

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phones but the star of the show, you are correct, the folding phone i'm showing it to you guys this is the galaxy z. flip what you are looking at is a 4.2 inches device with a 6.7 inch glass dpla a lot of dpla in the small form factor release date february 14th the price $1380. now the question becomes how excited are consumers about that phone? are they excited enough to spend $1400 snp because the developers have to aspen the time and money to create the cool compelling experiences for the product. another question, samsung how much marketing dollars do they put behind the product wasn't the folding phone only. they came up with three versions of the s-20 line pup 5g enabled, new camera system, secure processer, faster charger

starting at 1,000, 1200 and $1,400 and samsung dominates in submarine industry but facing pressure from huawei seeing the market share climb in 2019 and other chinese vendors competing with samsung in emerging markets but today this company was saying they intend to be a leader in fiechg there are plenty of analysts thinking the technology will be a tailwind in the smartphone industry samsung average selling prices were falling the 5g phones coming with a higher price tag sending the asv's higher. >> tim lets talk about you could buy the korean market. >> you could buy in the otc market except for market cap stocks this is a bag maga cap so trading with liquidity

there is multiple catalysts. they could do a lot. remember how excited we got about apple. i think the headwinds on display, whether it's o led. and this is more compensated by volume growth in d ram and nans. and the iphone -- the smartphone business is certainly a global stahl wart i think is never going to be knocked out of the game this is a company you look at maga cap tech, 12.5 times forward pe when everything had a huge ral samsung up 40% since september is still value territory. >> but dan is is it that versus apple? there is room for two. they have enough room for five. >> there is enough room for five focus on china this is the emerging market play the android with 85% market share globally that's the play you see the push toward

nationalistic. apple moved from number two in smartphones in china to maybe four or five behind huawei shami. i have to say again i saw craig move et i think on the "closing bell" he will earlier. if you are vechg in fiechg right now for ma 2020 upgrade cycle ink ink i don't think it's it materializing any time soon. the hit to the supply chain in china is what moves it out that's the q3, q4 surprise in my opinion. >> coming up, it's your equal of the day. why one analyst says a fang stock is falling fast, plus why is bitcoin going bananas we unpeel the cryptostory. >> and live in the times sfaur, the nasdaq market site more "fast money" straight ahead.

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all right. welcome back cnbc has another big interview come your way tomorrow deidre bosa with an exclusive interview with goldman sachs ceo david solomon, coming up tomorrow, 4:00 p.m. eastern on the "closing bell. d.j.sol. fischer so says pivotal research your call of the day

pivotal michael levin saying sell the stock it's possible the federal government will try to break up phone number and adds spending to drop off due to what he calls loss of signal with the consumer shares react, fell 3% today, karen. do you think there is a chance the federal government will come after facebook the administration saying they are looking at ten years of tech deals and look for anti-trust. >> i don't know how you unscramble the tech deals that have been integrated already good for the analyst on the bold call i'm more optimistic. he talk about cookiepocalypse. he he has 17 times eps a couple years out as thetarget multiple i think it's a premier business

that deserves a premium multiple who knows where the market is then i'm long he makes interesting points. but i'm long i think it's a decent value here. >> here is the bottom line what he is saying is, what we are afford had been the next shoe to drop is kohlo: signal loss loss roi return on investment native and director to consumer ads spent. is there an ad risk with facebook. >> not according to the last quarters people don't leave and advertisers don't leave. who knows what could happen going forward. in terms of the stock, i think his price target is 180 or so if i'm not mistaken this was a $125 stock gapped to 225, the 50% retracement is the 175. the level is is the july we mentioned 2018 well the closing high of that year was around 210. here we are now. if you have a close below 210 a couple days that 175 might be in the cross-hairs.

>> we talk about the breakup is a catalyst this isn't necessarily somber when you consider what's app and instagram are massive global assets some argue are undermonetized forget tick we they have really underformed but underperformed the s&p by 7% last two years you talk about the regulatory side and related to that is management i don't think the market is willing to give this management team any kind of multiple. we have seen that more than two years. >> zurek needs to go you think. >>io comment i don't know that's the answer. >> i know- you keep saying it's not happening. but tim said the management team is not getting a multiple in the market facebook in many ways is the intranet. >> this is a management team has a lack of trust. but they had issues with the business in terms of how they control security and privacy

they are constantly tinkering. and need to. this is a cost related it the business that continues higher and can't be measured. >> zurek has bigger issues if they get 2020 election wrong the way they did in 2016 there is going to be people with pitch forks at the menlo park headquarters this is a big year some of the actions they've taken i think on free speech don't lend itself to -- listen, this is a bipartisan thing right here. it would be great to see them get it together. i will mention this. it's such an odd stance by the administration at this point in election year where it really -- informs a huge benefit to this company. i think they ran 6.5 million ads on facebook. this is the trump campaign from june to november in 2016 it clearly helped this election process. they are already in the works to do it all over again so i just kind of find it weier they are taking such an aggressive stance to break up the company at this point when this is an important year.

>> coming up, with earnings on deck, will this name pop or drop there is the chart we're running through it. >> remember those. >> lets get a sneak speak on the cramer cam jim speaking with the ceo of columbia sports wear catch it on "mad money" at 6:00 eastern. after that, the cnbc special on the coronavirus outbreak the impact to the world, the economy. tonight at 7:00 eastern time tonight. you won't want to miss that. we're back on "fast money" right after this what'd we decide on the flyers again?

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all right. welcome back to "fast money. if you thought that earnings season was over, you got to think again. this is a huge technology company set to report tomorrow after the bell and the options market is betting that the stock could take off lets break down the "options action" with mike clo in san francisco. mike, who is the mystery giant >> yeah, the mystery giant we're talking about is caseo cisco cisco saw about two times average daily call volume. right now the options market implying a move of 5% higher or lower by the end of the we can less than the 5.2% move the stock averaged the day after reporting over the last eight

quarters where we saw most activity was buying the 50.5 strikes weekly calls spires expiring this friday buyers obviously betting the stock rises above the price by the amount of money any paid representing increase of 4% by the end of the week. looking how the stock behaved the course of the last year or so we can see it's materially underperformed the market. right now seeing that implied move being less than average we know the omissions are cheaper than they are going into earnings so this is an intelligent way to basically manage your risk going into this to make a bullish bet. the final point i would make on the last conference call we heard chuck robins use the word challenging several times describing a slowing macroeconomic environment. we can see that when we look at the pe multiple of cisco the market wasn't anticipating good news in the cisco relative to s&p

for those thinks we might have a bullish bump after earnings right now options are cheap it's a good way to make a hedged bet to the upside. >> i think mike lays it out great. defined risk to the upside it you think it breaks above the $50 level that's resistance. it's good to remember mike mentioned the last quarter where chuck robins mentioned a challenged environment i'm not sure much has changed. the dollar is higher the trade war situation is not better the coronavirus thing is worse less demand from that part of the ream where they get 30% of the sales from the ameya pacific. to me, i'm kind of skeptical i think this is an important report with 75% of the s&p 500 already reporting and missing the corona stuff, what they have to say is important tomorrow night. >> i think the company still trades on yesterday's fundamentals versus tomorrow's the margin profile of this company is so much different and better since the move to security and software this is not necessarily the hardware company you grew up with i think it's a value play in

megacap tech it's a name i'm long and being clear, it's moved into the security news. the kpeerdia equifax. sorry experian definitely not you you highlight the risks right now in security and cisco is in the middle of the treed. >> wasn't exceedia and expedited. >> sorry. >> it's all right. good stuff cisco tomorrow night a big deal according to dan for more "options action" tune in the full show every friday, 5:30 p.m. eastern time coming up, call it the bitcoin bounce or digital dynamism don't call a comeback becae eye enusth'vbe here for years and we dig in on the stealthy rally stick around >> announcer: "options action" is sponsored by think or swim by td ameritrade.

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pretty great, right? oh phil's legally dead. fell off a boat. going by denis now. celery. long story. what do we got here. oh. not going to want to see this. i don't think this is going to work. at&t has america's best network, now with our best plans, at our best prices, starting at $35 a month per line for 4 lines. new from at&t. how is that for a graphic? bitcoin's boom time continues, back above 10,000. if you are not paying attention you probably should be bitcoin now up 44% this year so, tim we went from zero to

20,000, back to 4,000, now back to 10,000. is anything different this time around >> i think what's different is first of all you have shoek shaken out weak players, and shaken out momentum, and further down the road in terms much institutional follow-through you had major banks talk about blockchain platforms had a dynamic where money is freer than free. gold is rallying why shouldn't bitcoin rally. >> i think i agree you think about the last part, the fed gone nuts as guy thinks it has, all the central banks going nuts, that's part of the bull case for bitcoin plus institutional interest as well. >> but listen so we got rates lower. gold up with you, utilities up bitcoin up all acting like save haven taking me back to the maga trade what's going on that seems bifurcated in the market where they are doing the heavy lifting. but the other things we identify as save haven assets are perked

sflup possible coronavirus a lot of the buyers coming from that ut part of the world. maybe protecting money hiding it in bitcoin. >> perhaps but i believe that in a world where central bankers are tripping over themselves to devalue currency, bitcoin wins in the world of fiat currencies bitcoin is the victor. >> it certainly has been up 44% this year it's that time for final trade. why don't we go around the table. tim seymour kick it off. >> before we do do feshl guests. st. of the st. thomas aquine as. we can showpeople there they are. >> we can do whatever we want. >> all right and how now back alibaba maga capablea. >> i'd be seller of apple calms. i think it's had really a very far run some downside. >> on the back of that i think apple struggles at 320 microsoft reversal is interesting. if you want to short maga short the qt. >> i heard from members of abb

and they are "fast money" funs a shout out. jet blue seems to be breaking out, breye >> watching jet blue guys, appreciate that. thank you, everybody for tuning ito fast corona tonight. >> get it. >> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. trying to make you some money. my job's not just to entertain but to teach you, so call me or tweet me @jimcramer. kraen on a senior medical adviser tells us