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tv   Mad Money  CNBC  February 12, 2020 6:00pm-7:00pm EST

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canada goose reported an okay this is if anything weakness to quarter with good but not great buy. >> i'm with heather fischer. results or at least it seemed >> i think it's over done there. okay until management slashed their full yearforecast. >> twitter, brian and there's only one quarter sufficientlien >> guys thank you very much. left in their fiscal year >> tune in tomorrow night. meaning they think the current quarter is going to run out bad scott mine rd with us th and turn out ugly. the stock got slammed last friday sinking more than 4%. my mission is simple -- to make you money a nun think thing happened on monday after taking all weekend i'm here to level the playing to think about the numbers, some field for all investors. there's always a bull market analysts decided to rerate the somewhere. stock. and i promise to help you find technical term meaning they it decided to give a new "mad money" starts now perspective on whether something should be bought or not. while goldman sachs downgraded hey, i'm cramer. from buy to hold, baird did the welcome to "mad money. welcome to cramerica other people want to make opposite friends. yougrading it from market i'm just trying to make you some money. perform to outperform because it my job isn't just to entertain was down so low. but to educate and teach you so yep, we have a three-way analyst call me at 1-800-743-cnbc. dog fight. i love when we get these dueling or tweet me @jimcramer. research reports because they let you evaluate the best we have a serious public health problem on our hands arguments from the bulls to the bears so you can decide. more than 20 million cases, once you put both to the test we can have a much better 210,000 hospitalizations now understanding. more than 12,000 deaths. "mad money" beyond thunderdome and it's not over.
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the disease is still raging. one analyst leaves so let me walk you through both don't let anyone tell you otherwise. the numbers are staggering, much camps. i think you won't be able to worse than we thought. figure it out but we will except i'm not talking about the together coronavirus. i'm talking about the regular canada goose old seasonal flu we are having high-end parkas are fabulous my wife has two of them. here in the u.s. even with the flu shot it's been i think very highly of the ceo danny reese, the real deal plus incredibly rough yet nobody is freaking out over canada goose was a phenomenal this influenza outbreak. performer for its first 18 months as a public company and maybe they should. recommended this one the night see, the comparisons are it became public nearly three starting to dawn on people years ago it was a dud trading china may have the equivalent of 16 bucks and change and if you a bad flu bug. throw in the fact that the bought it down there, well, you still have more than a down. front-runner from the canada goose surge the to the nominations is a guy wall street 70s in november of 2018 thanks believes is completely to his turbocharged sales and unelectable and have a recipe earnings growth and cold weather for a terrific rung and the dow but then the market rolled over surged 275 and stock plunges to the 40s s&p gained 6.5 and the dow since then never fullry gained 0.0%. recovered. every time it attempts to it seemed euphoric but i know rebound it ends up breaking down for the last few it's been stuck never to quibble with a rally. in the 30s stock prices are up. how did canada goose lose its you can sell any stock tomorrow that's up and take that money to mojo we started getting warning signs the bank no teller is going to say, sorry, that was made off a year ago when results met euphoria and we can't take your expectations rather than
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money. exceeding them and imagine but we have to ask yourselves. maintaining its guidance rather than raising it. is all this positivity truly may not sound too terrible but it was a high flier back then enoughed and justified longer with a high priced earnings term what we do, tackle the issues multiple and those need to keep beating numbers to justify head on so that we don't just what's known as the premium say, you know what, i'll get caught up in this because valuations premium to the s&p 500 everything is clear in china and and that was the moment when we're in great shape canada goose became a first, we have to ask, is the battleground state coronavirus outbreak under we don't like battlegrounds on control? i'd say no "mad money." i use the word volatile. the company reported its first sales miss since it became the situation is still volatile. public with a pretty subpar while the virus appears to be plateauing in china, it's still forecast last may growing at a 40% clip popping up pretty much yes, we like it. now management said they'll everywhere else except here. guide for at least 20% well, that's a major slowdown our quarantine surprisingly is didn't help we had a trade where working. the experts didn't think it with china and the people's would but it is. republic and key growth. they usually don't work. in response they got correctly and even as things remain dynamic, the danger in china eviscerated to the mid-30s seems to be abating if you study any of the numbers that the not loneonly a battleground butt chinese give out, a lot of different ratio, all seem to was losing and management indicate things are getting thought what they were doing was better fine and weren't familiar with the ways of wall street. but you know what, they're getting better and wall street even though the next two is not happy quarters were better than expected they couldn't seem to wall street likes to get ahead get the stink off lackluster may
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of the story wall street is acting as if it's done number, in particular last november it delivered a carnival with its highly plagued spectacular 14-cent earnings beat over the 43-cent earnings ships. when you see carnival up 2.6% on basis up 27.5% the possibility of a big but the response, crickets quantifiable chunk of earnings crickets going away you know the market is driven -- i'm not saying it's nobody cared about the beat because management refused to smoking but driven by hope raise their forecast the carnival company has two investors want a beat and a ships in the coronavirus raise. you got to have both, people crosshairs, diamond princess canada goose gave you a beat with 3600 people on board. without a raise which is like a it's under the care of the rebel without a cause. japanese although you know what, because it suggests the future might be worrisome real problem for a company like i think care is a very general in that gets half its sales during the holiday quarter last thursday, when canada goose reported its holiday results, rougs wo -- generous word. this t 439 of the people had been headline numbers were, oh, so tested on that ship as of slightly better than expected. yesterday and 174 of them are really they were in line infected nothing terrible well, then there's the second nothing special. ship, called the wester dam, canada goose used it to smash holland america. wall street estimates and seems no virus but had to stop at five like they've fallen out of ports before cambodia agreed to practice much more worrisome after two take them in that all sounds pretty bad quarters of beats without raise,
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who the heck would take a cruise this time they cut their full right now with the virus year forecast. sweeping through the cabins? that's deadly. carnival said it could lose 55 before canada goose projected 20% revenue growth the number to 65 cents from thee that's no that was so horrifying, well, now they're talking about 13.8 really a lot -- i'd say a lot to 15% revenue growth. throw in rapidly weakening less harsh than many of us were margins and management predicts expecting meaning plenty people are still willing to go on they will be flat to down slightly up 25% cruises. more important it has been flat to down quantified by wall street reaching for the stock and it for a growth stock and this is a is like the stock up less full year forecast for fiscal if things stayed the same i'll year with only one quarter left. bet you start hearing the u.s. flu is much worse than the coronavirus and hear about the t the implication, it is falling things i said at the top the only difference we're used to the flu so we don't talk off a cliff. the company disruption in travel about it endlessly it's not novel but that doesn't has hurt them in north america make it any less deadly. and surp so is the goose cooked? their flu is novel our flu is garden variety except [ drum roll for if you get it. >> couldn't resist but i don't given this is a crucial week know let's talk about the analysts. first back from vacation in one of my favorite, vigorous guy has a terrific track record and china we should presume more and he's generally been pretty more factories will go back on bullish on canada goose and his line and while china gdp is downgrade was so striking. greatly reduced and plenty to he says canada goose is facing
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buy, now, i thought about apple saturation pains in its core all day, i think apple can still canadian market. go up more, micron is not going they're a canadian company and the outbreak means their major going up, applied materials, expansion plans in china are on terrific number this evening pause. maybe the new news we're having skyworks is probably the biggest with more bullish theme about lever to china china maybe could help them. broadcom is one i took an interest in and travel trust skeptical about their ability to owns starbucks they reported a fabulous quarter expand beyond coats, into recently but kevin johnson, the adjacent categories and they ceo, couldn't give a forecast need to make it happen more risks moving into lower because of big china exposure. i like the stock of starbucks risk products and they because they're solving the downgraded from buy to hold. airport line problem i talked their direct to consumer business came in weaker than about the other day, something expected and the coronavirus outbreak is down stating and jimmy had his campaign online and looks like we've gotten noted it's proving more production in-house that could somewhere so i think it works. result in high inventory levels going forward and too much inventory is the bane of all bank of america, they like the things retail. casinos and recommended a wynn goldman's record recommended after it got crushed in may and while it worked initially hung and las vegas sands. i think they're scratching that on too long and it came right one. i wouldn't pick up a pair of back down. so now it's a towel throw. dice after they've been blown on at the craps tables. how about this bull thesis from bear how can they upgrade to o'hanlon or touch a cell phone right there at the craps tables. outperform when the problems
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how about our election new seem so dire they believe the estimates had been reset in other words, that the bad hampshire. bernie wins, mayor pete comes in news is in canada goose cut its earnings second, klobuchar, third forecast by 20% and the stock you know what that is? only dropped 4% on the news. that makes them think the just enough disorientation to negatives are mostly baked in make wall street for confident which is why they like the risk of a trump victory and so i reward over the next -- next always say hate him or like him, year or two. if anything goes right, first if this guy, he is fabulous for the it ever gets cold the stock can stock market which he regards as his take flight once the coronavirus presidential nielsen ratings subsides they think the stock could plus permanent wall streeters potentially double if things are scornful of bernie keep going long bear says you're former goldman explained it with protected because it no longer this tweet from last night has a prime evaluation quote, if dems go on to nominate basically if that hideous sanders, the russians will have guidance couldn't break the stock what can to reconsider who to work for to persuasive argument. best screw up the u.s. it downgraded canada goose sanders is just as polarizing as before it peaked in 2018 trump and he'll ruin our economy good screed cred and doesn't care about our still, i have to side with the military bears on this one. if i'm russian i go with sanders sorry, danny this time around, end quote. this is tough. i mean baird has a point about wow. the potential upside but i think whoa that sums up the prevailing view it's crazy to stick your neck out for canada goose not just because i saw dozens of them on on wall street they're confident sanders will the racks at sax fifth after and
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lose he's loathed by the wealthy and thinking, oh, my god, it's 50%, he welcomes their hatred and are they hung with these betting a good class warfare they report in may and i want to will be good you might think that makes see that before i catch the sense. there aren't a lot of billionaires or mul falling knife because baird is multimillionaires but their wrong point downside being money speaks loudly as we saw limited. it sells for 24 times before with president trump and with earnings they know they'll get clobbered. former mayor mike bloomberg. bottom line i think canada goose last time wall street was can eventually turn itself convinced that hillary had it around locked up but it's fair to say danny is smart but you need to bernie has an uphill battle and be patient while some problems are the market is not a believer in temporarily, it doesn't mean they can be resolved overnight this guy he wants single payer that puts and the stock could still go insurance companies out of the lower before it gets, let's say business why the stocks of united health turned around. and others among the biggest for now, let's leave goose in gainers because we have shopify. the oven on warm until they show if there's no chance of a us they can turn things around sanders adds ministration in 201 reggie in illinois. >> caller: what's your take on buy cvs that owns aetna that was elf? >> it's making a comeback. down today i would rather be with higher if you think the coronavirus have terrific interview on "closing bell" with sara and scott and breaked. e.l. is the one to be in larry. made me feel like the stock will elf has had a terrific run but
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go to 76, 78 where it would be the one to be in he stay lauder. we like best of breed on "mad more fairly valued one thing it doesn't lack is money. confidence confidence the chinese have the the essence of best of breed firestorm under control and confidence the factories will let's leave canada goose in the oven on warm until they can turn re-open and tour richlg will bounce right back. things around. i think they will do eventually. confidence that investors will see through the weak corona much more "mad money." dimes are forever. could an investment in sig last as long? casper, the unfriendly ipo quarter. rapid-fire in tonight's edition of "lightning round. if all this pans out it's good so stay with cramer. news for the stock market. but will it? at fidelity, online u.s. stocks and etfs are commission-free. the bottom line is i don't know. but i have one conclusion. if you haven't gotten your darned flu shot already, do it unlike the coronavirus patients in china, most of the people who have been hospitalized for the and when you open a new brokerage account, flu here and misdemeanor who your cash is automatically invested at a great rate. have died would have been just that's why fidelity leads the industry in value fine if he got the one while our competition continues to talk. infection. even if anyone, that's worth investing in ♪ talk, talk
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california ♪ >> caller: boo-yah belated happy birthday to you. ♪ >> caller: first time caller but longtime follower. thanks for all your devotion to help us get deeper into the don't just plan to retire. plan to live. markets. >> you're terrific an annuity helps cover your thank you. great way to start the show. essential monthly expenses, thank you very much. >> caller: of course so you're free to live the life you want. likewise my question for you is that i find out how an annuity bought into dropbox when it ip can give you lifetime income at protectedincome.org oscar'd at 30 something and hemorrhaging money should i still hold on to it >> there's a man, there's a man. he's in seattle. his na-- he doesn't like dropbox he owns microsoft. it's a powerful enemy. drop dropbox jay in florida jay. jay. >> caller: boo-yah, jim. >> jay, good to have you i thought for a moment i had
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lost you oh what's up. >> caller: i'm here, i'm here. to take care of yourself. >> me too. but nature's bounty has innovative ways what's going on? >> caller: thank you so much for to help you maintain balance everything you do. my question is about verizon and help keep you active and well-rested. i know that it's one of your because hey, favorite stocks. tomorrow's coming up fast. do you still recommend it based nature's bounty. on now the mobile and sprint because you're better off healthy. merger >> look, i mean i think that raises a really good question. i always see bobby a couple times a week, my buddy uptown. stick with verizon i always say stick with verizon and i'm not changed. everyone thinks t-mobile will be perfect with sprint. i say you stick with verizon and stick with cramer. there are plenty of things in flux right now but this stock market, ooh, it does not lack for confidence is the positivity justified? time will tell in the interim wall street is get ago head "mad money," shopify, is there still time to stop & shop at the othroughout the country for the past twelve years, nature's bounty. mr. michael bloomberg is here. company or has the move been made you'll hear my exclusive vo: leadership in action. then not two, but three, only mayor bloomberg and president obama worked together in the fight for gun safety laws, one leaves don't miss it. to improve education, and to develop innovative ways to help epic smackdown over the fate of canada goose valentine's day is teens gain the skills needed to find good jobs.
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friday obama: at a time when washington is divided in do not miss my sit-down with old ideological battles he shows us what can be achieved when cigna. it is not too late to buy something and stay with cramer we bring people together to seek pragmatic solutions. bloomberg: i'm mike bloomberg and i approve this message. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet cramer, #madtweets send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something, head to madmoney.cnbc.com. at cignet juul, parent of jared's. signet was at so and change after bringing a new ceo they didn't seem to turn things around maybe it was too mall based in a year when the mall is under siege but in the last few through the at&t network, edge-to-edge intelligence months, signet caught fire and gives you the power to see every corner of your growing business. stock up roughly 160% from september lows from finding out what's selling best... 160% most recently it came last month when holiday sales numbers came in much better than expected to managing your fleet... allowing management to raise the
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forecast i think it could be the real thing. don't take it for me to collaborating remotely with your teams. let's check in can jenna drosos, giving you a nice big edge over your competition. ceo of signet. that's the power of edge-to-edge intelligence. and now that valentine's day is right around the corner, maybe we get gifting ideas good to see. >> you good to see you. >> i know this is the star but we're committed to making college more affordable., we got to go right to you. that's why we're keeping our tuition the same you came to me, you came to me a through the year 2021. couple of years ago, three-year - [woman] i knew snhu was the place for me turn of around when i saw how affordable it was. don't get ahead of yourself, jim. it will take three years - [narrator] find your degree at snhu.edu. i wanted to come -- i drove the idea now, now, now we were paying an arm and a leg for postage. i was early. you weren't. it's really working. i remember setting up shipstation. >> transformations take time one or two clicks and everything was up and running. it is a few steps forward. a step back and we had some i was printing out labels and saving money. things we needed to fix in the company and the strategy is shipstation saves us so much time. working. good to see. it makes it really easy and seamless. >> go through it when you told me about it, pick an order, print everything you need, slap the label onto the box, sounds business schooly. and it's ready to go. it turned into the real deal. our costs for shipping were cut in half. >> it's the real deal so three just like that. key strategy, customer first, shipstation. the #1 choice of online sellers. omni channel and building a culture of agility and owe go to shipstation.com/tv and get 2 months free.
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efficiency the last one first, saving company in the money, driving out costs that customers don't but when allergies and congestion strike, see or care about so we can invest to grow take allegra-d... we're on track to deliver 200 to a non-drowsy antihistamine plus a powerful decongestant. 225 million in our three years so you can always say "yes" of transformation. to putting your true colors on display. we won't stop. say "yes" to allegra-d. we're building a cost conscious mind-set a new muscle and we'll continue to putting your true colors wheneveryone is different.a, to save so that we can grow. which is why xfinity mobile created so what are we investing in? a different kind of wireless network. customer first that's been all about bringing one that saves you money new product, product that really by letting you design your own data - giving you more choice and control compared 'nates with customers. to other top wireless carriers. that was one of the key drivers of holl. >> i >> what i think people have now you can choose unlimited, shared data, to understand. there was a previous administration, we don't deny or mix lines of each and switch any line, anytime. that and when it was $150, some of it was pumped up on steroids. no one else lets you do that. design your own data with xfinity mobile. it was in many ways a bank that sold jewelry it's wireless reimagined. this company that you're running simple. easy. awesome. is a jewelry company for people who love jewelry i think that's a very big change. >> we're a jewelry company who wants to make customers have a great experience. >> what kinds of customers because you have the best diversity i have ee heard. >> we do
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you know, i think it's important that we represent our customers and company. we have a very strong stance on diversity and inclusion. one of the few companies that has gender parity on leadership and board of directors, 75% of my store managers with rim true inside the company but also true in how we represent our brands and celebrate all love. showing a lot of diversity in advertising. in fact, we have our first spanish speaking advertising sor there are great days and then brands directly targeting hispanic consumers. there are days like the one >> you have 16% is lgbtq bridal shopify, one of the greatest companies in the world just had with the e-commerce enabler market which i want to congratulate you reported a spectacular quarter, >> thanks. >> that means people know you sending stocks surging 8%. are an inclusive place to shop i've been pushing it for ages. they can tell who is not if you're a small business that inclusive. >> we feature same-sex couples wants to sell things online, in advertising it's important to us we're they are your guy. but even i didn't expect such a inclusive of all couple, all kinds of love. big beat >> i salute you for that they earned 43 cents a share >> it's important. >> most people don't get the way much higher than expected sales. america looks right now. >> but it's also where as you 47% year over year say exactly where customers are few companies can do that. going.
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management gave you full year millennial consumers really want to shop with brands who are more forecast plea months ago and now 501. diverse and inclusive. we saw over the holiday, this company has it and it's got relative to other jewelers, our profit target customer was younger, let's look at harvey more millennial, higher spending and so i think this customer finkelstein. targeting that we're doing and welcome back to "mad money." the way we represent our brands harley, great to see you > thanks for having me on. is starting to work. >> it's going to be long lasting >> this was it because they're younger. first of all, a joyous >> absolutely. >> and they like, let's just run conference call which i love through some of them but more than a billion dollar i think it's exciting. as a guy reading through it, i per week you're doing. how is that possible >> yeah, $61 billion for the didn't understand center of me this was a big hit. year which is up 49% from the >> it was, i mentioned to you previous year. last time we talked there are but this is a story of three key parts of our independent brands and merchandising strategy one is building big iconic entrepreneurs doing well and brands so you see neil lane and consumers are voting with wallets and it's powering the vera wang and building and bringing innovation on those entrepreneurship movement. >> a lot say, you know what, brands and create our own big we're about the customer and iconic brands so this is a consumer you were adding everything that they need, this shopify signet creation that did well over the holidays. the idea is that, you know, she fulfillment network is what they need to compete with the biggu can be the center of his life
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even when things are really busy or, you know, in any kind of a couple that can work that one is really, you know, helping to center the others, we launch mari lyn monroe for the first time it's been huge for us. >> you source responsibly which is really important. a lot of millennials will say, where do they get their stuff? are they doing things i don't want >> it's important and that's an area where signet has been a leader. >> you are a leader. >> absolutely. so we set the standard in the and do you use shopify industry all of the jewelry that we sell, >> we like that position the diamonds are all responsibly we like being behind the brand and make them look good. sourced. all of our metals are when you go to brooklynen and conflict-free so we really make tom shoes or bombas. sure that people can feel great about buying our jewelry. >> i want people to understand you have some businesses really we're behind the scene. >> kitchennad announc-- kitchen on fire, piercing pagoda is really -- you can put how many more of those up. >> you know, piercing pagoda has announced. kylie, you talked about that been on a great run. before i will tell you we have a but there are outfits that fantastic team on that business. just -- no matter how big can they are so energized. use you but you also won't take a really charismatic leadership the ones that are complicate and
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of that organization and they've will drag you down. been out in front of trends so >> there are some who want to yellow gold is a big trend come and add all their we're seeing now across all of our banners, piercing pagoda got complexity and it's not great their first. for us >> free cash flow bountiful so the bottom end, every 60 seconds don't have to worry about that a brand-new entrepreneur gets very large yield -- his or her first sale on >> working on that, though this is one of the areas we shopify. >> million merchants. talked about building a more >> that's fantastic. >> you offered something i think durable balance sheet and refinanced debt to give us more is long time coming. people like point of sale but they don't want to pay a liquidity and i've been working fortune. i'll say it. on the cost savings but i though that square has inventory to give us better cash -- empowered people but take a big >> a lot of mall based chunk. will you be superior had this big deal yesterday with technologically to square? >> we hope so. the bid from simon properties. point of sale and brick and how do you feel about the mall >> you know, there's some people mortar is something people think is dead. it is not. who feel differently from how i it will always be important. do but i think there are malls last year weigh announced our that are very much alive hard weier kit in the next couple of months i see our footprint as a coming out with shopify point of competitive advantage. we still have more optimizing to sale next with new software and think we can be as impactful as do we are overexposed to c malls. we've been on online retail. >> you offered something -- my i ha've been working on that and
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daughter said it would be big got out of 12% of our store internationally but i don't footprint and work to continue speak the language to optimize to bring a better you're speaking the language. >> traditionally shopify has in-store experience and to do been focused on the english that in the right places so a lot of times a trade area is speaking world but 29% are very good. outside that and international we just need to move our store growth is going to be a major out of the mall and into an off part of 2020 for us. maul location so it's a >> you had an amazing -- i'll combination. >> sustainable turn. use it because i loved it, bfcm, that's what people want. you're delivering it. >> well, thank you black friday -- >> cyber monday, $3 billion went we're just getting started. >> i like that through shopify during those four days and 25 million the ceo of signet, the yield is consumers checked out and the good the store is making very big best part about it was at our comebacks in i think record time peak we sell $1.5 million per but you always told me it's going to take some time. minute happened through shopify that is the example where direct congratulation. >> thanks, jim. >> "mad money" is back after the to consumer is no longaer a fad break. [ indistinct talking ] >> two years in san francisco i told people i had met you and said this is the most unbelievable company i think you quadrupled everyone got mad except for two large companies. they told me not to mention them they said name your price and you wouldn't sell. >> yeah, we want to build a
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100-year business and two decades into it so we have 80 years left to go we think why can be the entrepreneurship company while other companies are trying to build empires we are arming the rebels and the rebels are winning. >> i love it you did something that no one else has been able to do you talked about 2020 being a heavy investment year. you know, harley, every time it the stock goes down 10, 15% they realize you're investing for the future. >> they're profitable on an adjusted basis and 2020 is our opportunity to invest in international, shopify plus, point of sale and the shopify fulfillment network. we are still in the early stages of that. we have to get fulfillment right because the small businesses and brands need to compete with big business and we think we can help. >> if they need money or advanced. >> we've given $800 million in cash advances. >> what's your default rate. >> very low.
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>> better than a bank. >> the reason we do it, these are traditional business that is couldn't go to a bank. what we're trying to do give them money to buy inventory, invest in marketing and the result of it is they're going to be really big businesses >> how many people do you think you've empowered. >> we know at least a million merchants are using shopify but we have thousands, tens of thousands of partners building apps and themes referring merchants to shopify so know the shopify economy is getting a new kind of investor is changing things up. bigger we believe the economy is bigger than shopify itself. >> well, i know -- kylie built with an app that's changing the way we do money. the brand. do you have people building million, 2 million, 20 million download robinhood now. brands quietly that we should all get to know. >> absolutely. so what we're seeing it's great we get the kitchenaids and pepsi and p&g. >> they are the most savvy cpg companies and know they have to reach people through you. >> they'll be going direct to consumer the most exciting are the home grown success stories that start at their mom's kitchen table and grow to be category leaders.
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the jim shark, companies that are just completely changing the game and they're all doing it on shopify and we're very -- it's meaningful to us it is truly something we think is special. >> passion. >> passion >> pure passion. >> harley finkelstein. you see why i love it. "mad money" is back after the break. >> announcer: coming up, cramer puts a ring on it with valentine's day upon us, will this jewelry stock show investors some love? >> annoncer: "lightning round" is sponsored by td ameritrade. diamonds are forever but "mad money" returns next at fidelity, online u.s. stocks and etfs are commission-free. it's time. it's time for "the lightning round. >> buy, buy, buy. >> sell, sell, sell. brukt buzzer >> and then "the lightning round" is officer. are you ready, skee-daddy? time for "the lightning round. doug in new york doug >> caller: hey, are you doing? >> thank you
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>> caller: all right happy belated birthday, number one. >> much appreciated. >> caller: okay, j.d. com -- and when you open a new brokerage account, >> no, we like alibaba your cash is automatically invested at a great rate. willing to give you that we won't give you anything else? that's why fidelity leads the industry in value why? we don't trust them. okay period, end of story while our competition continues to talk. i know it's up ♪ talk, talk alby bab is up too kevin in florida kevin. >> caller: boo-yah, jimmy chill. how are you doing. >> i be chilling what's up? >> caller: right on. calling from beautiful belleview, florida probably never heard of that one. >> no, that's a new one. >> caller: it's right near ocala. i am calling about dbb >> awful that is awful, dbd horrible numbers they're going nowhere fast brent in alaska. brent committee jim, boo-yah how are you doing? >> i'm good. how about you? >> caller: i'm great boo-yah from the last frontier
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tick iriq. what is your take? >> the chinese netflix with a lot of people at home you figure they are doing well and i like alby baba. eva in pennsylvania. eva. >> caller: hi, first of all, happy belated birthday. >> caller: thank you thanks for taking my call. my question is, what do you think about christopher when compared to so many -- >> i like the spec i like the exec as you recognize it is a spec donald in new york >> caller: hey, jim. as a dividend investor, i'm finding the yield on this is very spelling -- >> it is the best of the lot i don't like to represent this has been a mild winter. pipelines or fossil fuels. it's incredibly warm which means they're history and a good it's been an unforgiving winter example is how great enterprise products is. don't matter, yield 6.7. for outerwear companies. nobody wants it so i'll be the we just booked last to tell you to buy it
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jeff in oklahoma jeff >> caller: hey, boo-yah to you dr. jimmy chill. >> you bet >> caller: my question is about at&t >> i think at&t is fine. i believe in the bull case i'm aligned with the bull case of partners. i'm not in the bear case of nathanson. reid in florida. >> caller: boo-yah, jimmy chill calling from clearwater, florida. >> jack, we're ready for you what's shaking >> caller: your thought s on virgin galactic. >> not a lot of stock around do not touch it and that, ladies and gentlemen, is the conclusion of "the lightning round. [ buzzer ] >> announcer: "the lightning round" is sponsored by td ameritrade i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions.
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you've been thinking the market east a big debt to caspar the unfriendly ipo. the total collapse of this mattress deal should sideline a ton of crummy money losing offerings, unicorns for at least a couple of months slow in the possibility of a coronavirus devastation at airbnb and it will keep the supply of stocks tight that means the demand can take
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you higher and high flyers will have more room to run. how the fed is driving things and this sounds smart when they haven't done much homework and don't know about the stock market nobody calls them out. i just did president trump and his anything goes pro-business attitude he's been good for the stock market but more focused on cracking down on china and some of his agents exhibit a populist bias against some great american companies. ftc investigation of facebook, microsoft, google. look, i i understand antitrust but i want to see them make more acquisitions and more value for the shareholders trump helps but that's not the whole story. that's definitely part of it finally the only game in town cohort judge them against other asset classes. while the stock market don't really offer much, that doesn't offer much competition to stocks, oh, yeah, then, of
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course today the coronavirus was solved yeah me, me, i'm all about supply and demand we keep taking out via massive buybacks witness t-mobile some groups snapping up travel bought and the bankers can't pump out enough supply to meet the demand so stocks go higher which brings me back to the ghost of casper. a specter of a deal almost surreal in its horribleness. stephen king-like. no demand for the thing at least not it will it dropped to 10 bucks. they tried to price it at 17 to 19 bucks no interest. took it down to 12/13. still not much demand but the bankers forced it anyway at 12 bucks in a moment of pure desperation. having done these kind of deals both on the sell side and client side i can tell you there's momentum to an ipo and whoever
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picks 17 to 19, let me tell you i got made something made up for you, thank you, dylan. this is for you. a legendary wall street funnyman either the client desperately needed money because they felt the competition breathing down their neck or the people should transfer to clown college or even clown university. maybe they gettance advance clowning degree. in other words, the deal never should have happened last spring casper did a fund-raising around the fed at 1.1 billion. now barely worth 400 million pretty soon i won't be able to talk about it it'll be so small. these investors should have to go back to school with rodney dangerfield. underrated movie i told you to stay the heck away from this one. friday, i thought it could go lower. despite endless buzzwords with the go to market strategy that's personalized in a lean in way and direct to consumer with a supercharged omni channel platform if not an ecosystem you should be sure to double click
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on, at the end of the day it's a darn mattress company for heaven's sake. it could be the worst home category ask malt tress firm which went back corrupt in 2018 sealy, the llisa all as compelling as casper and much cheaper in cozier in a consumer centric multichannel go to market double click in the end casper ipo reminds me of i searched in the lexicon of various areas of my cranium and came up with the producers took a huge number of investors in a private funding round including target and completely diluted valuations and the show was a bust if this deal had worked we would have had seen a dozen more ipos coming jamming as money losing unicorns, falling from the sky
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downtown flooding the market with supply. that would take capital away from high flyers we like, the adobes and cleat a lose environment something that could have gutted the stock market >> sell, sell, sell. >> we would have had the clean to unicorn the stables with no imme imme implements just our hands. there are discussions with unicorn ceos saying unless you have a path to profitable we don't want your deals and can't hurt the buy side like we hurt them on this casper. i don't want this on my desk so thank you, casper, for doing a deal no one liked in a category littered with failures. sorry. you gave this market a nice breather from the ipo onslaught. for the report the bed is nice i bet it has technology in it just like all the other beds stick with cramer. [ applause ]
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situation in china is still fluid and dynamic. so stay right here but you should do not want to miss a cnbc special report on the coronavirus outbreak and it's hosted by tyler mathisen coming up next. i don't know about you but shopify is up so much i can see you say, listen, i don't want to be in it i know thigh charitable trust sold it of a big gain but now they're take on square on point of sale. they'll win. they'll beat square and what that tells me there is another
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leg up for the stock of shopify. i always say there's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer see you tomorrow the cnbc special report begins right now. good evening, everyone i'm tyler mathisen this is day 44 of a global health crisis. continue, quarantined americans in california demand better oversight after a patient who was pulled out of quarantine and tested positive for coronavirus was mistakenly released, rejoining the group, possibly making others sick new york city health workers have cleared seven people under observation. airlines have cancelled 85,000 flights to and from china. the world health organization issues
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