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tv   Mad Money  CNBC  July 14, 2020 6:00pm-7:00pm EDT

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>> right to carter's point fcx looks like it wants to continue to move higher. >> thank you so much for watching "fast money." "mad money" with 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. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain, but to educate, teach you and put this in context so-call me 1800-743-cnbc or tweet me
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me @jimcramer. you have a pessimist you have the camp that believes the latest covid outbreak is no big deal because the mortality rate is lower and then the super pessimist that say spiking cases mean no sports, no going out and millions of job losses these four camps, i have to tell you, they are going to -- they are at war every single day. including this one, the dow gained 557 points, s&p advanced 1.34% and nasdaq inched up 4. 9% one can win because there is so much money going into stocks the recovery plays don't go up as fund managers need to sell one group to swap into another and that's why the dow stocks did much better than the s&p that did better than the one scorching nasdaq this is highly unusual but it makes sense if you think out market in terms of competing camps. so who is winning?
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or who won today i like to use the sore thumb index as in which stocks stuck out like a sore thumb today? let me give you today's examples first tell is mccormick. the big spice maker roared to a new high driven by further camp followers willing to pay any price. what do we know about mccormick aside from the fact that they make this? okay what do we know. a huge blowout hotter than frank's hot sauce and crushed red pepper but after spiking up on the news, investors took profits over the next day and a half the stock gave all of its gain what did mccormick do wrong? did they pick up less aisle space? there a hidden message no mccormick happens to be the ultimate stay at home recession stock but had the misfortune on reporting on a day seemed like america was reopening and covid
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was under control. now the stock is roaring and sticks out like a sore thumb the strength tells you the recession camp is assented and people are betting on at least a partial lockdown if you can't go out to eat, 15 million jobs will be threatened. people are betting on in more stimulus theory. at the end of the month the federal government expanded unemployment insurance comes to an end if they don't pass another stimulus, it could be a disaster mceldercormick is the stock youy our old friend clorox, this goes beyond sore thumb. it's more subterra raranean blus clorox sores when the economy is in trouble particularly from a
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pandemic the rally here practically screams the pandemic is going to get worse judging by the numbers, that's true you hate to see this sore thumb because it's not just health, it's fear. when this stock trades sideways, we're doing better but when it rallies, that tells you the outbreak could be out of control. what else? the drug complex rallied hard today including johnson & johnson, which reports tomorrow. the biotech class slow down stocks were on fire. led by reagageneron i still expt them to win a race maybe for a vaccine but certainly for treatment. the fourth sore thumb probably never heard of it. ensino it stream lines and came public in the stock surged $60 right out of the gate. that's an insanely successful
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launch hope you got something here is the thing. this market never has enough money for the banks and the financial technology stocks, it's either one or the other right now the banks are latent with potential bad loans no credit card risk. we got results from three of the largest banks in america today citi group, jp morgan and wells fargo. they have too much economic risk versus this pristine play that just came out of the chute and reported a truly heroic quarter and wells fargo, don't get me started. when a major bank takes an ax 80% cut and tells you the quarter is disappointing, time to swap out wells and plays, maybe not this one but maybe this one all three banks stress they don't have a crystal ball. future is mirky. with the exception of trading
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they talk about stagnant growth. citi group for instance sells at an enormous discount, almost impossible but because it's no longer allowed to buy back stock, they can't close the gap and that sore thumb tells the story, mastercard. this is the ultimate non-bank financial which soared on a conviction from goldman sachs. foll to round things out, walmart and costco lit the sky up. look out, another lockdown might becoming because these are two chains regarded as essential service stores, and they thrived in march and april and then went down when we felt that the lockup was ending. or lockdown was beginning -- well no lockdown was great for these guys and then the unlock was great for everybody else walmart and costco working for the clamp downme that's terrible for our economy but not a big deal for other countries. that explains some of the winners. union pacific, caterpillar
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these benefit from a strong global economy, not domestic but global union pacific connects ports on the west coast with the rest of the company. caterpillar is a big china business, big oil and gas and works with crude above 40. free port is a compromiser the chinese consume half of the world's copper now remember when i said there is not enough money to slight the supply from other groups when we get the lockdown thesis and that's why the nasdaq lagged the s&p and really under performed the dow today. the tech stocks in the nasdaq need to slow down but need very low inflation. unfortunately, the consumer price index was too hot plus .6% inflation erodes the purchasing power of money in the future, growth stocks trade based on money they will make in the future and that's why amazon went down even as walmart and costco zoomed higher puzzle solved. the thing about the market, the ability to strange stripes at
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any given moment but a group of sore thumbs. there could be tremendous growth tomorrow and not these but the guys who lagged. why? moderna said the vaccine in an initial safety test produces antibodies to the coronavirus in every patient. that's an incredibly bold event that sent that stock soaring in after hours and might put the wild optimist, the actual v shape curve believers in control tomorrow but after today's session, i wonder if the baton is pass from the nasdaq leadership to the slowdown plays you see in the dow. if that's the case, then the cloud plays, the e commerce and cybersecurity stocks, they might take a backseat for a bit, maybe not go up as hard. the weird thing is you can buy the recession consumer package good plays along with bigger industrials that need a healthy economy but that industrial that ran are global, not u.s. the bottom line, today's actions suggest the united states will
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stay to the pandemic and the rest of the world flatten d the curve to return to growth. tomorrow, i don't know with this mederna news, what knows jo john >> caller: cramer, big boo-yah from augusta, georgia. >> who has my green jacket >> caller: i milsssed you last week hope you had a good vacation. >> i was gardening tomato plants, that was easier to do than wonder if amazon will be 4,000 what's up? >> caller: my question is about apple. i bought apple the last time it split at 200 in 2014 as the stock approaches 400, what are your thoughts on it splitting again? >> you know, that's a great question remember, stocks do not create more value right? when you split something in half, it doesn't create more value but does bring in more
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retail buyers. now retail buyers are using fractional shares and i think maybe apple is not incentivize to split the stock like otherwise. mariah in ohio, mariah >> caller: hey, jim, what's up >> not much. how about you? >> caller: i'm good. i'm curious where you thinxt th five months considering their acquisition with post mate >> they have to take the next step they have to get out of the markets they are doing poorly in and we have to have people feel very comfortable that you won't get covid when you ride in an uber so that's a tall set of hurdles. randall in missouri, randall >> boo-yah, jim. >> boo-yah. >> caller: i want to give a shoutout to my wife working hard we're a big fan. we've been watching since march. >> thank you. >> caller: this stock is an spac
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they just announced the acquisition of the golden nugget online casino. i'm a perspective investor and would like to know if landcadia holdings is good stock to get into in. >> tillman will make money for people with that and i think that i'm not a buyer of that segment, but i think that tillman is worth banking danny in california, danny >> caller: boo-yah jimbo from sunny, san diego. >> beautiful what's going on. we should hike there. >> caller: i got a potential three-bagger for you. >> i like those. >> caller: this company is a lader in t leader the stock broke a one-year down trend. you actually recommended the stock along with lavongo and lavongo was a massive home run
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and i want to thank you for the great call. >> quite welcome. >> caller: should we expect the same explosive move higher from health catalyst -- >> i did like that i did like that. i'm surprised the stock today was one of the first good day. yeah i'm standing by that one i think that's a good one. by the way, it shows you there is still some bargains they are losing a lot of money but these young company and that says to me maybe it is time. this market is divided into four camps that go to war every single day today suggests we're going to stay in the pandemic tomorrow with maderna saying good news about the antibodies and vaccine, it could be a new day. a company up 150% but could it keep climbing don't miss my exclusive about lavango. where could the s&p be headed? i'm going off charts to find
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out. the economy, the ceo of paychecks so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question tweet cramer #madtwee #madtweets, send jim an email at 0-dmoney@cnbc.com or call us at 80743-cnbc miss something head to madmoney.cnbc.com. feeling stressed? try new nature's bounty stress comfort.
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vv vertigo. it helps manage chronic diseases and use smart devices to monitor data, show it to doctors and give advice on the healthier lifestyle. i think of it as a digital health coach that does a have great way to help you. last tuesday, lavongo announced numbers that exploded from 77 to 105 in four days then yesterday the stock surged to 115 before plunging to $97 as the market rolled over but today got the opposite, they traded down to the low 90s and turned around closing up 101 and proceeded to climb in after hours because credit recommended it with $132 price target. that can actually make your head spin since the stock is up more than 300% for the year i thought all the way and any weakness like yesterday is a buying opportunity, don't take it from me let's dig deeper glen tollman is the executive
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chairman and find out how his company is doing welcome back to "mad money." >> always great to be with you, jim. >> thank you known you for many, many years one thing that stands out, you did a conference call at goldman sachs on june 10th and revealed and did it publicly some of your clients, that's when i said double down on livongo. >> the most innovative employers in the economy today are focused how to keep employers or empl employees healthy, how do they keep them productive in the time of covid they are doubling down on livongo to keep people with hypertension, diabetes, with behavioral health issues to keep them productive. i think you'll see a lot more of the top companies across the
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board when we talk on august 6th, you're going to hear about a lot more companies moving to livongo. >> we're talking about amazon, target, kaiser permanente which is the smartest health care system in the country.mployees,o of them. you've demonstrated the return on investment with livongo is extraordinary. >> it has but i just want to correct one thing you say and i'm always nervous about correcting you but it's more than 7 million federal employees now because we signed geha that's the -- >> oh, that was -- that's new. that's new. >> yeah. so we have more than 7 million, but what they are doing is they are using livongo to do something that's a step beyond telehealth and monitoring and we're calling that consumer directed virtual care. it's putting people back in charge of their health that's
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really important and doing what we seen in every other area of the economy. that's using technology to give people more information, more choices, allow them to better manage their own care and that drives the return on investment and drives cost savings and the big companies are looking for three things keep my people happy and sati y satisfied number one, make them healthier number two and give them the tools to stay healthy and do it for a lower cost or keep the cost flat and that's what we've been able to demonstrate. >> glenn, i've got to tell you, one of the stocks we've liked very much is teledoc and you've had nothing but good things to say. consumption of health care, it's easier for a doctor and for the system using livongo. >> well, look, we work hand and hand with teledoc the issue is you want to keep people healthy at home, make it convenient and when they need
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care, make it easy as possible to get the care. remember, telehealth today is one on one and livongo is about taking it to the next step consumer directed virtual care is one to many it's about saying let's look at the population, let's find out who needs care and then let's get them the most convenient care possible and that's telehealth we love telehealth we love remote monitoring but we got to take it up to the next level and that's where we're using data science to really take it to that next level. >> all right let's talk about covid your two target markets, buy e diabetes, hypertension to be preexisting condition for covid. these people really need livongo. what do you do have you have diabetes and you're worried about covid? can livongo do for you
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>> if you are in one of those groups that has a preexisting condition, we know that you're disproportionately affected. you're not more likely to get covid but if you get it, results are devastating. 78% of all the icu admissions have been people with preexisting conditions, and more than 90% of all the deaths have been people with preexisting or chronic conditions so again, the first thing we want to do is make sure we keep those folks healthy, those are our members. we care deeply about them. we want to keep them healthy second, if we can, we want to keep them at home. we don't want them showing up at the hospital for a test when being surrounded by other people that might have covid. so keep them healthy keep them at home. give them the right information and if they need care, then get them to a place and of course, i know you've been big on this we sent you some livongo masks
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but it's really important to us, use proper practice and follow the science. that's what we need to do to get beyond this and get our economy going again. >> so glad you understand more than anyone how important the mask is given the prevention you're trying to do. glenn, you put together a remarkable company and i believe, you know i think it's not done i think you have many more -- you have a platform of many more things you can help people with. glenn tollman, founder and the executive chairman of livongo health you see why i like this for so many points? "mad money" is back after the break. - [narrator] at southern new hampshire university,
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the virus came here and stocks got pulverized state after state and lockdown and wall street panicked well, once the government took action, the market turned on a dime giving us one of the hottest rallies i've ever seen last month covid cases started spiking again and we're seeing horrific numbers and averages got dinged, once again we've got a swift comeback perhaps because people expect a vaccine imminently now in addition to watching the pandemic data, we need to keep track of earnings season i expect a lot of confusion because the future is mirky. how do we navigate our way through an uncharted waters? in times of uncertainty we need to remove emotions a. more quantitative approach, that's why tonight we're going off the charts with help of larry williams an absolute legend trading future commodities and stocks since i was a child. he has his own website i really
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trade.com and a host of technical indicators and most importantly, an incredible track record with the show specifically williams knocked it out of the park repeatedly over the last few months and hard to fathom the method dology keeps winning. they predicted we would open for business in made may thousands of people were dying from the virus every day his methodology made him realize we're headed higher. we botched the reopening he was dead right. two weeks ago williams gave us an idea many of you did and i'm thrilled for you, the fourth of july trade if you buy the s&p 500 a couple days before the holiday, then sell it into the strength of wards, historically you almost always made money. once again, he totally nailed it it was just a fabulous trade it was one full day where jimmy chill got nice comments on his
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twitter feed so where does williams see the market headed next take a look at the chart of the s&p 500. the spread line is williams' forecast based on historical action how does the forecast work when it changes direction, that's when the market is likely to change direction, too the forecast doesn't tell you anything about the magnitude of the move just tells you when up trend could turn into a down trend williams sees the s&p 500 peaking around july 27th, so we've got two more weeks of strength, that's a lifetime in this market that suggests the sore thumb thesis could be very right that the s&p might be better than the nasdaq but the dow could be stronger and in the meantime, he wouldn't be surprised if it rallies back to the old highs. if williams is right, it go a short shelf life what makes him so confident we could see serious upside before the rally runs out of steam? does he know about a vaccine
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no check out this advance decline line this measures the number of stocks going up versus the number going down on a daily basis. every day you add or subtract the difference in other words, it shows you the markets breath crucially, this is a leading indicator. williams says advance decline line tends to peak before the market sales off and when advanced decline line, a.d. line breaks out, the market tends to fall and that happened in 2019 the indicator made a new high and the s&p 500 made a new high later, six weeks later to be precise. so advance decline, blue was good and moved the next one. let's zoom in this undindicatoro the past few months. you can see the s&p lags advance decline line which went to a new high in early june if history is any guide, williams expects the s&p 500 to make a new high a month and a
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half later i think about the end of july, that's not all take a look at the pair of charts on top, the nasdaq on the bottom the nasdaq started making new highs weeks ago. i tell you that's because the nasdaq is full of tech stocks that benefit from the pandemic there is a lot of over lap between the nasdaq and cramer covid-19 index, however, williams says the action the nasdaq often foreshadows what we'll see in the dow and s&p i think this differential s&p over the nas may have started today. finally, williams has magnet prices this is something you learn from tom demark, another titan of technical analysis whose work we future on the show the idea there are certain points, certain price points that markets tend to gravitate toward demark came up with a certain resistance level very close to the last major high or low according to williams, the price for the s&p 500 is somewhere between 3346 and 3348 and that's
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right now up nearly 5% from right here this is something carl and i continue to debate almost every morning. where is this -- those numbers he expects the s&p to keep running until it hits this level at which point he's betting the rally stalls and yes, a chunk of it gets repealed so we'll get up to here and then maybe we go like this. okay how horrible stocks get hit if williams is right the market will peak in a couple weeks probably too soon to tell. the suspects roll over, the rollover will hurt because too many people now are long here is the bottom line. the chart is interpreted by larry williams suggests the s&p could climb another 4 or 5% but come july 28th, he expects the market to roll over given the unemployment benefits expire at the end of the month i wouldn't be surprised if he
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nails another one. gary in massachusetts, gary? >> caller: hi, jim, how are you? thanks for your advice, appreciate it. i know you usually recommend an s&p index fund and with the current volatility and guy rations in the market, do you recommend the s&p fund or switching over to a dow or nasd nasdaq >> no, s&p s&p is terrific you can do a lot of low fee, no fee, etfs stick with s&p that's the way to go let's go to omar in florida, omar >> caller: hi, jim i want to know your thoughts on opk moving forward they are producing 25% of the covid-19 tests and have major contacts with the state of new york, the nba and major league soccer i want to know your thoughts on the future there boo-yah by the way. >> boo-yah you're from miami and that's where they are located bio reference labs, meg terrell interviewed them
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if they get the nfl, opco at $4 can go to $5 this is by reference was a not great acquisitire -- acacquisit. julian in florida. >> reporter: this is julian castro's mom we love your show. >> fantastic. >> caller: i'm a second-time caller i called when i was 14 and now i'm 17 thanks for your help i made a lot of money. >> fantastic. >> caller: my question is las vegas stand, with social distancing and cases rising in nevada, casino stocks are taking a hit. despite this, lvs most of the institutions lifting restrictions, i purchased shares so should i buy more or -- >> i want you to hold. there are so many industries really taking off here i don't need you to be in something that maybe one of the last to do well. now, let me tell you something, julian if we get a lot of good vaccine
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news, the casinos and airlines and the cruise ships are the first stocks to rally so you might be able to -- well, tomorrow, with your current holding in lbs the chart suggests the s&p can rally over the next two weeks before it rallies over much more "mad money" ahead. as some economies reopen and some reclose, i'm talking to the small business environment i'm talking about small business environment with the man looking at the big picture don't miss my exclusive. then, why the robin hood traders may have to rethink their approach rapid fire in tonight's edition of "the lightning round" so stay with cramer.
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how is recoloravery holding with states across the south and southwest are going back into partial lockdown the payroll process and human resources outsourcer that mostly focuses on small, heed ymedium-d businesses when they reported last week the company posted better than respected sales in line guidance
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for the next fiscal year management is talking about a 2 to 5% sales decline and earnings, i know, nothing to rave about but could have been worse. however, still the stock got slammed down 5% in a single day and today got hit with a brutal piece of research from goldman sachs that initiated coverage with a sale organiarguing the e is too weak. is goldman right let's look with the straight shooting president and ceo of paychecks a stock reremended sie the show began welcome back to "mad money." >> thanks, jim, great to be here. >> you're a change company you're a human resources company. you have sticky contracts. no one is leaving. it is just to me as close to an annuity stream and yet, there are still people who do not realize that you are more than just someone who cuts paychecks.
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>> well, jim, i think we ended the year pretty strong as you mentioned. we even with the tough fourth quarter, we end theed the year h 7% revenue growth for the first time we doubled revenue from 2 to $4 billion in the last ten years. the operating margins are over 35% and i think we had a very strong year given the tough quarter, and i think clients are sticking with us, as you said, because we provided such great support and service to our valued clients with covid-19 impacts. >> one of the things that you have taught me is there are people who like income, and they want good growth paychecks pays a large dividend. i want people to understand that is easily covered by how much money you make. >> well, absolutely. we ended the year with over a billion dollars in cash. we continue to generate great cash flow operating cash flow and we're very dedicated to the dividend obviously a board decision but
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be committed to that for sometime now and we're well positioned to continue that in the future. >> things are fast moving. july 7th you reported that and gave the outlook since then arizona, florida, california, texas, would you change your outlook if you reported today >> we wouldn't, jim. we haven't seen much fallout from there there is going to be some impact in the small business index we put out every month, florida and the south are still leading really with the best job creation, construction is leading and that's where it's happening both commercial and residential. so i think we're going to have maybe a possible little blip here but i think generally, things are looking up. we mentioned that our met triris had been positive since the first of may and continue, meaning more checks per client are being processed and more clients that were in suspended mode have come back. we're now down to less than half of those clients who had suspended are now back processing again. >> what does that say? i mean, we had the banks today
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report people were concerned about big losses people were concerned about job -- about failures and layoffs but when i read through your quarter and looked through the fifinancials, i was a little heartened how small and medium-sized businesses are doing. is that too rosie? >> we've seen, as i said, the met trirics have been picking u. we seen that since may 1st we're not back to precovi d-days but positive impact. some information came out the other day, new business starts are now up year to date over the last year. so new business formations are happening. >> now, one of the things, there is a sign behind you h.r., payroll, benefits, insurance, the second one is all people talk about. i was very impressed by the benefits you're offering including how to handle one of the most difficult prom ggrams e ever seen which is ppp you helped people get the money. >> well, jim, we're so proud of
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that you know, when the paycheck protection program came out, we were the first to have a payroll process, report that was available prepopulated you could file immediately for your loan and now we have the best forgiveness estimator that's out there all you have to do is enter your information and next week, we're coming out with a signature ready forgiveness loan application will be completely filled out with the payroll information. you put in your other information regarding rent, utilities, et cetera and comes out fully filled out ready for you to sign electronically and send it in for forgiveness we're all over this. we're helping support 28 billion in loans for our clients under the program so we feel the forgiveness estimator is doing great for them and they are giving us great kudos. >> if you have a small, medium size business you can pay ancients or paychex. the government -- not commercial
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it's one that the government is going to understand and not feel like you're doing something that you shouldn't be doing one last question, would you please tell me, what's the difference between a furlough and lay off if you're paychex? >> a furlough is keeping people on the payroll and normally you're still paying benefits to those mployees, but you're not paying them, necessarily and a lay off of course, they are completely coming off the payroll and we've seen a number of both. but i think the furloughs in particular are keeping those employees, remember four and a half months ago it was a tough environment to hire anyone that's keeping those employees on your system and then you can start them up pretty quickly as things open back up. >> all right terrific the sell at goldman sachs, i don't know maybe they should look at the new company and not the company of a couple years ago. marty, president and ceo of paychex. great to see you, sir. >> thanks, a lot jim. >> i stand by payx
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this is the growth that's not insane it's going to sleep at night growth i like that, too "mad money" is back after the break.
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it is time, it is time for the lightning round, buy, buy, buy, sell, sell, sell. the lighting round is over let go to mark in florida, mark? >> caller: jim, i hope you were able to enjoy your gardening but it's great to have you back. >> you're very kind.
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thank you. >> caller: i have a question i bought a stock a week ago down 6.2% it was even down today and i couldn't find -- i can't find any bad news on it. i want to know whether you think i should buy more at this price, hold it or sell it i know you've mentioned the stock before it's vm ware. >> many good things happen to vm ware i like the management team and i think you should buy more stock. how about jacob in georgia, jacob? >> caller: first time, long time. >> excellent >> caller: keep blocking the haters on twitter. >> i want a better mask to wear. what's going on? >> caller: i want to say i'm only 20 but remember watching long enough ago i remember advice my question is about cyber ark you had their ceo on december. their stock is down. it seems like a great play -- >> i agree with you.
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look, i think that every time people count out, it comes roaring back people are much more crowd strike it's still good. let's go to rebecca in new york. rebecca? >> caller: hi, so happy to talk to you i love your show and everything mouses when i wat pauses when i watch you show. >> there you go. including the earth, the moon and the stars. >> caller: i'm curious what you think of gap >> it represents a pretty good value. but then i go to the store and i say what the heck? i'm torn and if i'm torn that means buy costco let's go to alejandro. >> caller: snapchat. sell or hold
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>> which one snap is why i like snap facebook keeps shooting itself in the foot and people are worried about twitter and a lot of hating stuff so you end up -- hold it that's what is happening jimmy in new york, jimmy >> caller: hey, jim, how are you doing? >> well, how about you >> good, good, thank you for your wisdom. i love the show, pal. >> thank you. >> caller: in respect to covid-19 what do you think is sorrento. >> i'm banking on regeneron. i know novavax everybody likes that i'm less excited about it. if you want a $7 chip in the game it's a long shot. 20-1 shot. let's do that. it's an analogy. ca carol in new york. >> caller: good to have you
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back. >> thank you. >> caller: one of the companies i have a position in shell 15% last week on news. i still do have a small profit i'm 65 and wondering if you think it will regain its share price and maintain the dividends? or after warren buffet signed if i would be better investing somewhere other than da dominon. >> people are disappointed in the pipeline stuff buff you know how i feel about the oil and gas. every time they left it's time to go. this is utility and i'm fine with it. guy in new jersey, guy >> caller: hi, jim, this is guy from new jersey. first time caller. first time caller. thank you for taking my call boo-yah. >> boo-yah. >> caller: i'm looking for an opinion on chub insurance. >> i'm not a huge fan about
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that if i wanted to ensure it, it's an easy call the answer is cub. john in new york, john >> caller: jim, big boo-yah from south shore long island. >> there all the time. >> caller: three weeks ago you had the ceo of national gaming on lots of questions concerned with the pandemic going on. my question is you like it three weeks ago at 31. do you love it today at 29 >> it's terrific i like to tie in with bar stool. it's exciting to me. i like the fact sports are coming back bit by bit and i know some of the casino stocks aren't doing well but it's diversified well and that, ladies and gentlemen, is the conclusion of the lightenining round. >> announcer: the lightning round is sponsored by t.d. america are trade.
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. every day i like to check what is trending on the tracker of what the robin hood clients are up to. it tells you what the firm's 12 million plus clients, young people if you're like me and you love statistics not affiliated with the actual robin hood a god send i like to watch the popularity change list, what is getting more love and less yesterday traders for tesla and ever holding a $5 stock company makesgambling. they are losing money and disappointed in sales and profits, that doesn't seem to detour you it fell from $15 to $5 with the pit stop makes it more popular, not less it does have a genuine pedigree, the product of emerging between
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global cash, access and multimedia games and like i said at the top of the show, it's fin tech but artificial intelligence machine learning, a try if he can -- trifecta. they have something in common. they are both companies you can dream about. the sky is the limit for impressive battery technology for cars september 22nd maybe it becomes the go-to choice if you can dream about, a contract and maybe someone else comes there to buy a stock at a high eer price than you. i like tesla i can get behind something high risk, high reward and bothers me is not those two what bothers me on the robin hood leader board to give you
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this robin track.net they don't seem to change much day to day the leader board shows the younger investors are piling to ford, general electric and american airlines. to me that's crazy these three are being bought because the low dollar stock is a big brand name and big problem but the worst problems are easy to ignore. on the credit side these traders don't seem to care about the debt sure ford motors is a household name but got more than $150 billion in debt and now some of it is secured. don't worry about it but 150 ge is a fallen angle with too much aerospace exposure. a big pile of debt and on going restructure. american airlines is getting crushed. their only hope is we get a vaccine sooner than expected it's a vaccine stock american is the weakest and the mayors as we saw from delta this morning aren't doing so hot to put it mildly. if you buy household names with
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single dig dit stocks, rethink your approach. american airline stock is still a teenager but barely. i say so what? this isn't a history lesson. it's stock picking g.e. might be able to start making a come back for the second or third quarter of 2021. if you're really attracted to low dollar stocks, i got an idea ditch those losers and buy fractional shares and high quality companies like amazon or apple or tesla for that matter they let you buy fractional shares, use it it might sound weird that i like the robin hood popularity change stocks more than the leader boarddeeply troubled it is a clearly a foreign concept to many traders. you seen $6 for amazon thriving right now. not whole shares in companies struggling to stay afloat. go for hot or fractional but not
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stocks of companies with bad balance sheets that rarely ends well and stick with cramer
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with positive vaccine news, i'm skeptical and the v trade seems to be back out of nowhere. yes, sore thumbs all over the place. i like to say there is always a bull market somewhere and i promise to find it here on "mad money. i'm jim cramer and i'll see you tomorrow 10 years since "shark tank"
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ignited america's entrepreneurial spirit, and we're still blazing a trail for those who take their fate into their own hands by working hard... introducing batbnb. -blood-sucking bats. -[ gasps ] ...by working smart... this is called the coyotezapper. [ dog barks ] grr. aah! [ laughter ] ...by thinking big... armenti: not only do we serve your favorite foods, but we do it all on one sandwich. -no! -yes! ...and chasing their dreams. all i need are my black-belt business partners. greiner: my god. oh, my god. [ laughter ] so, sharks, who's ready to dig in? i feel the big one! i feel the big one coming! captions by vitac -- ♪

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