tv Mad Money CNBC July 23, 2020 6:00pm-7:01pm EDT
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>> you have twitter, right >> am i on twitter at this moment, you mean yeah. >> no. not during the show. the bottom line is the engagement on twitter right now, i don't know why people awouldnt stay there, buy it >> "mad money" with jim cramer starts right now 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 and teach, put it in context call me 1-800-743-cnbc or tweet me @jimcramer a vaccine, my kingdom for a
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vaccine. if you want to understand this market, including today, the dow tumbled 354 points s&p lost 1.23% and the nasdaq plunged 2.29% with many big-cap tech stocks taking it on the chin. you have to recognize things will never be the same in this country or around the world until we get a vaccine the pandemic, not the fed -- >> they know nothing >> not the election is the most important driver of the stock prices that's right we get a vaccine sooner than expected, we save the economy. but if the process drags on and we don't have any stimulus, we're going the need to adjust to the slow to no growth huddle at home normal therefore, our fate is in the hands oh of a few dozen companies. whoever get there is first is going to make a lot of money
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that's why we decided to do something new. we surveyed 92 drug analysts, the best we could find, state and local level, to handicap the chances of each of the main players. we don't bet on -- at least we don't like to bet on life-threatening situations. this is a terrible disease but, and this is an important but, we are asked over and over again who is in the lead these are lives, not horses. but this does per se resemble handicapping, because we are judging vaccines and stocks. that's our business. so coming in first what if support of 21 respondents, it's the oxford university vaccine we just read about. second was a tie with moderna and pfizer
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they both got 19 votes the third is casino bio. after that is johnson and johnson, novavax, with seven and the honor of being the company least likely to bring its vaccine candidate to market. they voted inovio off the island what about covid treatments? gilead owns remdesivir, which has been effective in cutting short hospital stays, follows by rejeneron. ely lily in fourth, roche and
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glaxosmithkli glaxosmithkline. you better pray one of these injections works, because that's the only way we beat the virus for good and this grim reaper fl eer flu going to make a i have uviciousk in the fall. many of the doctors i deal with are very concerned about the fall and the race for a vaccine might have more than one winner. it would be like the flu, where there's a new vaccine every year with that in mind, how do we take advantage of this poll? again, the only one that i've seen, maybe that's in bad taste, but my job is to help try to satisfy your needs to make money. it's what you want so how do we figure out what's going to happen in this race for the vaccine? what i find most interesting is
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that the stage of testing doesn't matter much at all novovax got a $1.6 billion commitment from the government to complete their scale-up manufacturing. they start phase three trials in the fourth quarter, but they're tied with johnson and johnson and haven't started human testing. i think the excitement about this makes sense i know many people that want into that trip because the initial results were so promising in the smaller group, even though the stock has been crushed why do people sell the news? i think the expectations got out of control they got something very positive and still within the bounds of reason the thing about vaccines opposed to cures is the fda that never just stop the trials and declare
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a winner, which xhim sometimes regular drugs. testing a vaccine takes time because you have to give it to thousands of people and see if they get sick. even though we can't speak it up, i like astrozeneca's stock here i used to be a huge fan of moderna, because they have an exciting a.i. approach to data then they revealed some positive news on covid as the execs dumped the stock i can tell you, they should have been canceled going into what was going to be a period of higtsenned scrutiny. yes, moderna has been too quick to praise its own work off a small sample size, because they
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never really produced a vaccine before i did love the stock in the 20s and 30s, 40s and even 50s. but at 75, oh, and the survey was taken before the company lost an important patent contest. the patent decision could cut into the company's profits if it succeeds i say no thank you pfizer's partner, and they have been remarkably nonpromotional about the relevant success pfizer has a portfolio of decent albeit boring drugs. so if their vaccine doesn't win, they can make some exciting acquisitions i can't say much about this
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company, it's chinese. the only chinese stock i recommend is ali baba. jny, novavax and the sanofi glaxo team-up. novavax is ultrahigh risk, high reward it's a long shot that is trading like it won. why? because it got a $1.6 billion commitment in the president's operation warp speed initiative. well, it's disconcerting that people think that they are in the poll position. johnson and johnson, hearing nothing but good things about their trial. more importantly, aside from covid, they are the best pipeline for these drug companies. i think it's a buy right here. there's not much to say about the others
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i like regeneron for its non-covid drugs. and nvovio, the handicappers say sell the bottom line, if you want to make an informed wager or at least invest on the vaccine stocks, astrozeneca is the most promising, but jnj is the best stock because it has so much else going if it turns out to be a loser in the covid-19 race for a sure, or at least immunity mark in florida, mark. >> caller: hi, jim a pleasure to speak with you on baseball's opening day >> yes, indeed something seems normal at last and i hike the guy who is throwing out that first pitch for the nationals. he's got an arm that -- fauci, who did he play before this? what's up? >> caller: i have a question
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about domino's i know it's a company you like i bought it six days ago and if the four days the market has been open since then, it's dropped 16 points. i thought maybe because it's considered a stay at home stock and the country was expecting a vaccine. but the package food stocks all have done well where do you think it's going to go from here >> domino's ran up in the quarter. it was an xe seexcellent quarte. i think that it is just a very, very good stock and a very good company. and i would own it right here. let's go to zena in massachusetts. >> caller: jim, boo-yah. >> boo-yah >> caller: jim, i bought this at 30, and i didn't expect it to go all the way to 55 so fast. i love the product, i leave in the company. but the jury is still out on whether or not stay at home is here for the long-term should i keep pushing the pedal and buy more, or --
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>> no, no. i want you to cut the position in half tomorrow morning just say you know somewhat i'm going to play with the house's money. i've been doing a lot of work on gym openings it's going to be very hard peloton is going to be in business for a long time bulls make money, bears make money, and hogs. jim in florida, jim. >> caller: jim, thank you for taking my call >> of course what's going on? >> caller: my question is on a rei reit that yields 37%, and has a pe under 9 the symbol is geo. >> i like that music is that geo's theme music? you don't want to touch geo. that yield i think is unsustainable and you're playing with fire. and i've got to tell you, when you see yields over 7% in this market, you've got to start thinking that's not sustainable.
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all right. things will not be the same until we get a vaccine as much as i want everyone to wear a mask, it's a vaccine. if you want to invest in the vaccine stocks, astro oh zenec is the most promising. but jny is the best, because if the vak seen doesn't succeed, you may not lose money on "mad money" tonight, enseeno soaring 195% but is it worth it or did you miss the move? and then i'm breaking down tesla and microsoft. and i'm talking with the ceo of turning lemons into lemonade stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer #madtweets. send jim an email to madmoney@cnbc.com. or give us a call at
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is that what net fflix was tellg us when it sold off? how about apple in their rarepot next week? i predict pain >> the house of pain >> all these big tech stocks trade together when you kick off mcearning season, it doesn't bode they will netflix was different. the ceo lowered the boom on us with a discouraging forecast tesla put up good numb ers sensational. we heard there was some hair on azure, and somebody else complained about the strength of the windows forecast years ago, i got to go on an aircraft carrier called the "uss harry s. truman.
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it was one of the most thrilling things i've ever done. i found myself to an officer who guided planes to land on the tarmac when a pilot is landing on a carrier, they have one goal, slow the plane down enough before it goes off the edge. periodically, the man would say, you're coming in too hot didn't mean there was anything wrong with the pilot or plane, it was just going too fast that's how i feel about these tech companies they're all coming in too hot. will they come in too hot or pull up and live to play again i am betting apple will be fine. facebook, the long knives are always out for mark zuckerberg and the bar for amazon is the highest it's ever been
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they play for the long haul. all of them are coming in too hot, especially with the anti-trust hearings next week. so what do you do? if you want to own these stocks, you have to be willing to take some pain. you'll have to watch the rest of the market catch up to them while they decline in value. but at some point they'll make a comeback maybe you're nimble enough to get back in at a lower level that's what i have tried to do with my hedge fund most people are not that nimble. if you're not a long-term investor, it makes no sense to do anything other than ride it out. you should listen to the conference calls the stocks just got too hot for the moment the fundamentals had nothing to do with the selloff. unfortunately they had nothing to do with the last 10, 15 percentage points of upside, which is why their nesam are so vulnerable stick with cramer.
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over the last couple of months, this market has been flooded with new ipos. >> sell sell sell sell sell. >> and some of these stocks are soming in so hot, that they're impossible to ignore take encino. they make cloud based software for banks. they rose to 71 before closing at 91 on the first day of trading. this thing, it tripled in less than 24 hours. that's the biggest first-day move since the chinese company in 15 years. since then, they've started coming off it's pulled back to 71 and change as of today. but still way up from the ipo price. so i think it's worth asking
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whether this stock deserves the hype on the one hand it makes sense that people lap this up. cloud-based software and financial technology it's a marriage made in heaven on the other hand, the stock is very, very expensive this morning, expensive cloud plays aren't cheap to begin with before we get into the pros and cons, their key product for ncno bank operating system helps financials digitize, automate and streamline complex processes, with the help of data analytics and artificial intelligence the banks tend to not be able to do this themselves think loan originization, regulatory compliance. and they know what banks need from their software. the company was founded in a bank that's right, a bank in north
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carolina did it. they realized they had a solution for the entire industry so they spun off the company in 2011 some say it's indispensable. this is a good time to be in the thin tech business that's why financial institutions spend more money on tech than any other industry did you know that? and because the banks were relative late comers to the cloud, this transition is still in the early innings, maybe first inning and that's where ncino comes in. they help banks go fully digital and enables employees to work remotely can that really justify the incredible move of the stock out of the gate? the last fiscal year, they have 51% revenue growth that only slowed to 49.9% in the
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most recent quarter. plus, the company increasingly is making its money from lucrative software people love subscription software they are not yet profitable, because they need to spend to grow like a weed but the margins are headed in the right direction. that's solid and there are operating margins. so where do i come down on this? i get the appeal what could be better than a cloud-based financial technology play in this environment with a subscription kicker? the cloud stocks have been some of the best performers in the cramer covid-19 index. i like the rapid growth and the 50% growth rate seems stable normally companies with ultrafast growth start slowing a lot of people accused microsoft of having that with
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azure last night but they have been hanging in there 50% margins for years. maybe best of all, the business won't be going away. yes, it a es the stickiness i'm talking about. that's the whole point of the business model but they're extra sticky when a bank brings in their software, that's as mission critical as it gets. switching to competitive would be very expensive and something could go wrong we know that because it takes them 6 to 18 months to land a new client last year, the client had 146% subscription revenue retention, meaning the customers stuck with him, but spent 50% more on their services than years before this is just common sense. they run the bank's operating system which banks?
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bank of america, which is very tech savvy barclays, tv bank and key bank, among many others. given that bank of america is the best digital presence in the industry, that's a strong endorseme endorsement. and they run on salesforce.com's platform i trust theirjudgment on early stage software given they pretty much invented the industry now, these are all positives what about the negatives i don't love that they're unprofitable and they have negative operating cash flow, not great my biggest concern, okay, like most of the attractive ipos in the last couple of months, the stock is insanely expensive.
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it did only $138 million in sales this year, so they're trading up 47 times not earnings but sales. if a company can keep growing at 50% clip, it will work out to be 31 times sale, which is a nose bleed. you look at the 50 cloud software stocks we keep track of, only four of them are more expensive than ncino and listen to this, zoom video, you know that's been fantastic datadog, everybody wanted to buy that company livongo, we've had them on multiple times and is maybe a life coach for many dangerous illnesses. on these years numbers, it's the same as crowd strike, fastly, livongo health that is about as rarified as you
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get. crowd strike and livongo are close to profitability the thing is, they are covid plays. opta is a super cybersecurity play, and we had them on last week, they're doing terrific i don't feel comfortable paying that much. it feels like chasing. if you valued ncino at 20 times sale sales, it would be a $68 stock i can't give you my blessing to buy this one until it falls below $68. and ideally closer to mid 40s. if you're patient, i think you'll get the chance. this was a sliver deal, meaning they'll only sold a little stock in the ipo ncino is a terrific combination,
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but we have to be disciplined here, which means waiting for this ipo to come down before you pull the trigger daniel in new york, daniel >> caller: jim, yesterday on "squawk on the street," you and david brought up the ten-year trip, up over 700% so i thought of vooiva systems, over 650% in five years, over 80% year-to-date $1.3 billion in free cash and no debt so do i have time to start a position in this >> i know that peter has been on the show a bunch of times and he's terrific. you have my blessing remember, these stocks are coming under pressure. 10% and then leg the way down. we have a tough week for these
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stocks coming up daniel in california, daniel >> caller: boo-yah, jimmy chills >> boo-yah, my friend. what's up? >> caller: long time viewer here, first-time caller. i just want to say i love your mask initiative and thanks for your tesla call. >> you're the first person to acknowledge i liked it at 270. people say he came in too late 270 is too late? go ahead, what do you got? >> caller: after investing in a few ipos, i wanted to add to one of my positions after reading an article about there was multiple banks that started coverage on it this tuesday. it only had one buy rating now it has 15 buy ratings, two hold rate ls aings and a consensus pu 25%. and with the virus surging, walmart, kroger and the other
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big players are so expensive to get into, so my question, what do you think about aci >> i think albertson's is a good slow grower. i like it very much and i think you can go to 18, 19 i don't bet it goes much further than that. i understand the type surrounding ncino. it is terrific but i understand discipline. so wait for it to come down a little understand these stocks are under assault here much more "mad money," including my sit down with the ceo of lemonade can the company use more out of this company and all your calls on rapid fire in tonight's edition of "the lightning round. so stay with cramer.
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this summer we've had a major ipo heat wave. it started with lemonade the compan revolutionizing the insurance industry they shot from $29 to $69 on the first day of trading they are a disrupter, to make the once agonizing process of buying insurance painless. they do renter's, homeowners and pet insurance. last week i told you this was a phenomenal story but i think you should wait for a pullback i worry about valuation. we saw a big revolt, that said, the business is very compelling.
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at the right price, this is an exciting company let's talk to the ceo of lemonade to get a clearer picture of how his company is shaking up the insurance industry congratulations on an amazing ipo. >> thanks, jim great to be with you >> daniel, i have to ask this immediately. do all the insurance companies hate you because we don't like dealing with them. i have friends who brag about your app and show me how much money they save. >> i do hope they don't hate us. we have a lot of admiration from them, and i don't envy them. insurance may be the most disruptable industry on the planet, and it's led by start people, but they're managing companies founded in the auj of the horse-drawn kashcarriage you have tens of thousands of
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brokers. i think our job is easier than theirs >> one of the things that fascinates me is the brokers make their calls, put it out they come back and i don't know how much money they make, is it is so engrained in society that i don't know if any of the companies that are currently in business can pivot to what you do >> no, i think it's genuinely difficult. what they're discovering is that things that seem for the last hundred years to be assets are beginning to look like liabilities. so tens of thousands of brokers. you thought that was a fabulous asset. in -- it's beginning to look like liability you've been investing in tech and you have this spaghetti code that costs you billions to maintain and it's much more of a black hole than a black box. is that an asset or liability?
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very difficult to transform these businesses >> one of the things i would say is they have accounting house aspect to them, where you're actually a b corporation you guys just decided you wanted to be good guys? are you capitalists? >> we are capitalists and backed by capitalists and we had an ipo recently but it's plagued by the costliest problem in insurance is distrust. people don't trust insurance companies. people don't believe they're going to pay them when the day comes. so when it came time to look at insurance, when we looked a @
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sector, we found a sector that was plagued by distrust, people felt entitled to embellish their claims, the brand loyalty was way low. so we wanted to tackle that problem. in lemonade, you're buying insurance policy in 90 seconds you get paid in as little as three seconds. it delights consumers. but there was a deeper problem, which is how to avoid the conflict of interest establishing ourselves as a b corps, where a lot of profits -- nothing like insurance companies. you pay me a buck, i'm going to keep 25 centing s on the dollar give it to a charity of your choosing this isn't just do good stuff but aligning interests so i don't make money and you'll
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think twice before embellishing your claims and hopefully return what is today a clear came, a conflicting relationship between two players by having nonprofits as well. and it's allowed us to climb the ranks to be the number one most trusted brand in insurance >> is covid-19 playing any sort of role in your business >> normally, our businesses have been resilient and in fact, most of the trends we were seeing in terms of growth and conversion, which were progressing nicely before the pandemic, have continued throughout the pandemic and being built as we are in a digital substrate, everybody works from any browser in the world, teams have been able to remotely work. and buying insurance rather than
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with a broker, all of the kpis, all of the core elements oh of our business have continued to thrive throughout the pandemic hopefully that will continue going forward. >> one last question, i know that you have a great business model. i think you can really trush it. but how long do you want to lose money and taking over this space? because you do have to block everybody else i know that. at the same time, you can't let these older guys come in, but we don't want you to run out of money. >> no, and the fundamentals of our business are very healthy. so on par with the best in the industry what we're doing is making investments in the future, launching new products and new territories, capturing more customers. we think that somebody is going to become the iconic incarnation of what insurance has been in the 21st century insurance companies can do over
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$100 billion a year. so this is definitely a prize worth fighting for classic incumbents are flat footed, so we want to make heavy investments right now. we could be growing with 100% of the year, that's been compounded for a few years now. that can continue for such a long time in this market that is as unlimited as possible hopefully every dollar will be returned to us seven fold for decades to come. >> i think you have a great story, i really do great to meet you, sir >> thank you, jim. guys, sometimes you hear a story and say i'm willing to risk how expensive it is this is a terrific story if you want to buy some after listening to this man, i say it's okay. but remember, the high multiple stocks of which is th is one, are under a lot of pressure right now. "mad money" is back after the break.
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usaa is made for what's next no matter what challenges life throws at you, we're always here to help with fast response and great service and it doesn't stop there we're also here to help look ahead that's why we're helping members catch up by spreading any missed usaa insurance payments over the next twelve months so you can keep more cash in your pockets for when it matters most and that's just one of the many ways we're here to help the military community find out more at usaa.com to help the military community hey! lily from at&t here. with some helpful tips. tip #1: you can currently get the amazing iphone 11 for half-off on at&t, america's fastest network for iphones. second tip: you can put googly eyes on your stuff to keep yourself company. uh for example, that's heraldo. he's my best friend. oh, sorry nancy, i forgot you were there.
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it is time it's time for the lightning round. [ indiscernible and then the lightning round is over are you ready, skedaddy. let's start with theresa in ohio theresa! >> caller: boo-yah, jim. >> boo-yah >> caller: love, love, love you, the book, the club shout out to your staff. and a huge thank you to your family for their sacrifice of your time and hard work you give
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>> you are very kind >> caller: sincerely appreciated. >> thank you very much thank you. >> caller: you are so welcome. mean every word of it. i meereached my full position o ticker ttd >> i hilike it very much. it's the only company that people want to use other than alphabet stick with it. wild trader, though. thank you for those kind comments dylan in georgia, dylan. >> caller: hey, jim, my dad and i are big fans of the show >> thank you >> caller: your thoughts on the company apro do you think it's a buy? >> no. it's too speculative if you want to do anything aerospace, i'll have to send you to either raytheon or honeywell, which reports tomorrow morning tom in florida, tom.
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>> caller: hey, jim, how are you doing? thanks for taking my call. appreciate all of your help. you're awesome i'm going to get right to it can i talk to you about gd pharma, now known as greenwich biosciences. they have that fda approval for a drug for epilepsy made from marijuana. they cranked up to 195 now they're coming back. >> tom, here's what's happening. people kept thinking they would use it off label in other words, doctors would prescribe it to more things, and they haven't done that, which is why the stock is stuck i like that. i think it's a good company. you're going to need dosing if you're going to have any sort of success to cannabis. let's go to waz in colorado. >> caller: hi, mr. cramer.
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is this a good investment -- >> i like it i'm very much alone in liking this i don't know a lot of people that like it, but i do bonnie in california, bonnie >> caller: hi, jim, thank you for taking my call >> you're welcome. >> caller: i have been a fan of yours for years. we have your book and watch you every night. >> thank you >> caller: you're welcome. i was wondering your thoughts on cicada farm suitals. >> good company, i wouldn't mind buying that stock. i'm in favor of that stock dave in new york, dave >> caller: boo-yah, jim! >> boo-yah, dave >> caller: jim, coming from a guy who loves -- [ inaudible
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every time the white house ratchets up tensions with china, you hear a lot about manufacturing in american companies that move lot of merchandise in china but the most important industry caught in the cross fire is one that rarely gets attention, and it's called rare earth minerals. they're critical materials used in high tech end markets we need theme for drones, fence systems, robotics, even smartphones. there's just one little problem, the vast majority of rare earth
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minerals are produced in china so that dominance gives them, not us, a lot o leverage there's just one rare earths mining and processing facility in the united states, and the company that owns that, mp, and that's mary peter materials is now looking to go public this is an interesting story the mine's previous owner went bankrupt five years ago because of chinese dumping but in 2017, when the president started taking a harder line on china's unfair trade practices, investors came together and bought the mine. then they rolled out a man to come public via reverse merger with a special purpose acquisition company, called fortress value acquisition corps. you know what? i'm intrigued. let's take a closer look with the co-chairman of mp materials, who is slated to welcome ceo and
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chairman once that goes through. welcome to "mad money. >> hey, jim, thank you for having me. excited to be here >> thank you, jim. so can you please explain the business and the opportunity as the only rare earths mine in the united states. >> sure. so we make the materials that go into, as you said, electric vehicles, drones, robots, the advanced motion technologies of the 21st century, as well as a lot of sophisticated weaponry like the rail gun. so we are unique in that we have the ability, because of our resource base, we are really the only producer of scale in the western hemisphere and the only environmentally friendly one of scale outside of china and so our opportunity is to essentially help a global industry decouple some of the supply chain for china >> so in the old days, we used
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to get a huge number of calls in the lightning round about molly corps. and i said two things. one is the chinese, which i have been very critical of, are flooding the world with this stuff and their balance sheet was bad. how are you going to deal with the problems molly corps had >> so molly corps was a decade early. a great analogy would be if you think about the internet, what happened with how technology impacts our lives today. when they went public, there wasn't even a tesla on the road. so they were ahead of their time they had a lot of execution challenges when they went bankrupt, a lot of people didn't think this site would compete against china. we took control of the site in 2017 we had eight employees at the time we have 220 today. we are profitable. we are solved most of the molly corps challenges and we represent 15% of the
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global rare earth industry today at such a critical time as we see the demand >> so the obvious question, given our viewer base, they would have loved the piece of an mp materials ipo so why are you choosing this particular method to be public >> absolutely. so we strongly considered an ipo. we were working towards it ultimately, the structure was the most efficient, effective way to get public quickly. and we thought we were able to be more transparent with our business plan. that's a detailed presentation on our website and we historically they have been challenged by misaligned incentives but we were able to structure something that eliminated the misaligned incentives and made all stake holders focus on trade valuati valuation. so the evolution of the structure, you'll see a lot more
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capital formation this way there are a lot of benefits to the structure as we found as fiduciaries for our company. >> explain to our viewers about the magnate concept so they don't think this is something in a test tube. >> starting about 30 years ago when the chinese took over the rare aiearth industry, they movd downstream and took over the magnet industry. so if you think about your tesla, that magnet was made in china. our mission as a company is to restore the full, rare earth supply chain to the united states of america. and so we have this unique resource we can also do it in an environmentally conscious way. i'm sure you heard, and i believe you mentioned on air today about -- that is state of the art and environmentally conscious in the
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western hemisphere so that provides a unique opportunity to move downstream into the magnet. when you think about your viewers thinking about the predecessor, we have the opportunity to transform the crash flow stream of this company into a volatile commodity to a cash dream focused on magnets and before what is a high growth industry that should really allow us to grow the bottom line as well as have multiple expansion for the company. there's lot of examples of companies able to transform their model. when you can really get that multiple expansion, there's a lot of long-term enterprise value created. sthdz >> this is very excited. i did like molly very much except for that balance sheet. >> we are full y e squrvegs
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uitized. >> that's the ceo of mp materials, merging with a spac and that is one exciting story "mad money" is back after the break. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but you're not mad, because you have e*trade, who's tech makes life easier by automatically adding technical patterns on charts and helping you understand what they mean. don't get mad. get e*trade's simplified technical analysis. our retirement plan with voya gives us confidence... ...we can spend a bit now, knowing we're prepared for the future. surprise! we renovated the guest room, so you can live with us. i'm good at my condo. well planned, well invested, well protected. voya. be confident to and through retirement.
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ght, , the branding guru behind some of the world's most successful consumer products, joins the tank. i'm looking on "shark tank" for the next billion-dollar exit. you think that you can put the fear of god in elon musk? yes, i think we have the potential to do that. and we have the sales to prove it. i wouldn't play with fire. we've got battle-tested ip. -why do i not like it? -because you're not a millennial. oh! whoa! ♪ narrator: first into the tank is an accessory for the tech generation. ♪
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