Skip to main content

tv   Mad Money  CNBC  October 23, 2020 6:00pm-7:00pm EDT

6:00 pm
name twilio. looking to buy a november called vertigo. >> call spreads in adm going into earnings. >> have a great weekend. se my mission is simple to make you money. i am here to level the plain feel for all investors there is always a bull market some where and i promise to help you find it. "mad money" starts now >> hey i am cramer welcome to "mad money," welcome to cramer america. my job is not only to entertain you but educate and teach you, call me, 1800-743-cnbc or tweet me @jim cramer the dow industrials.
6:01 pm
you need to prepare yourself for some intensity all the most important companies in this entire market. i do not have time to kofcover of these let me tell you what to look for from the biggest names there are so much tech they think tech is done, especially the big dog, microsoft, apple and facebook. it was driven by a belief that the economy is about to get stronger because of a stimulus bill and the only way you should play is sell, tech and buy the industria industrials. well, we are going to get to see this it is probably not until the election take monday. we are from otis worldwide
6:02 pm
some people see this as a stimulus otis is more of chinese elevaorr maintenance. biden stock, people perceive biden is being soft on china monday night, two major tests, i keep on telling you about the bull market. listen to nxp. the other there are periods of happening. they don't last that long.
6:03 pm
few companies are more richly. tuesday morning we get results for some big drug companies. pfizer and merck and eli lily. we heard the president saying on last night's debate around corner i care about the covid therapeutics if we can get you in and out of the hospital faster while preventing long-term damage which is the real thing everyone is worried about caterpillar, many feel this stock is running too much. ever since it decides to allocate its cash to buy back a ton of stock which they don't. you may want to buy some cap before the quarter
6:04 pm
that's what we focus on and not just a highway buddy i keep on hearing about. there is stanley, many of you showing me on twitter this week, i am confident that it will deliver good numbers tuesday night we hear from the most important companies in the market, microsoft and amd. they both have excellent results. the only problem is the company has more businesses than it can handle how about md >> today nearly okay results when amd reports, you will get something. a lot speculators thinking lisa sue will mass it
6:05 pm
i doubt that lisa sue, a hero of ours would do her stock like that wednesday morning, united parcel we know ecommerce is on fire i expect great things from the new ceo. she's a no nonsense, he'll give you a rigorous and positive look of the holiday season. i have been telling members that this is the quarter for boeing which means it is time to buy. why not wait until you are at the trump quarter you may ask plainfully that's what everybody else wants to do. you have to get in ahead of everyone else. you don't buy a turn around story at dawn. you buy it when it is dark before the dawn like in the fourth quarter of the eagles game last night.
6:06 pm
it is all until he'll care business and not enough to intrigue, can you give ge two more months. ford has a guy as a ceo who actually likes cars. oh, he likes fast cars and he likes to drive we got a raging bull market in autos. no, she's not getting one, f 150. there is no hummer it is already sold out she kept on trying to hit the button look at the game watch it, it is not going to
6:07 pm
come they're not giving any hummers, they're done >> i told you to watch twilio on monday night i expect a blow out for service now. blow out this is it right now i am telling you, blow out. not a blow out like a blow out tire blow out, all right we are hearing from pitches, these are beloved companies who love to make its stops, i like service now. pinterest is going up along with snap these stocks are not quitting. thursday's earnings galore in the morning. not as insane as my prediction four out of five
6:08 pm
the pandemic hits and amazon took over the world. i blame wall street. i would take them down and put an end to this charade you know that. it is being led by a thing called instagram shops they came up with this brilliant idea to help small businesses operating online it is working. it could be a $50 billion business it was a great idea. small business loves them. they are ambassadors as for starbucks, it is a work in progress. it will snap right back if biden wins the election.
6:09 pm
they need a couple of starbucks. finally on friday, we have a tale of two oils, chevron and exxon. exxon better have something up its sleeves. it gives you a 10% yield chevron is sitting pretty. ceo mike worths is so confident of this and he's talking about helping the environment. i am not joking. it is a tough week confusion lies ahead if you like something then do a little homework. service now is going to be better that's the blow out. that's my blow out prediction okay for the week. ashwin in california
6:10 pm
>> hey there jim i have been listening to your show for a long time i see it religiously every single night on my dvr >> oh, thank you very much that's a lot more than my wife watches it she says why do you work so late you have a show that ends at 10:00. it is the other show >> i know, i know. let me tell ya, a lot of the stocks you have given over the years, i have definitely benefited from i want to ask you another. >> okay. >> no, i like up work. i think it is a terrific situation and actually one of my -- online recruiting and an bishs work t good. i like it. let's go -- let's go to craig in
6:11 pm
new jersey >> hey, jimmy, it is craig from booyah, new jersey >> i know it well. >> a while back you had the two ceos on your show about the merger of utc, i purchased uch at about $14 per share i got nervous and sold it for $17.50 >> i wish you had not sold it. >> craig, that's good, man they're going to blow that thing out the next couple of years and they'll do some acquisitions and going national even --i will tell you even in the 50s. remember that? it was in the 60s that they had it they were going to come in on
6:12 pm
"madmen. remember they did the ad for uggs that's how good that brand is. this is the playoffs next week is going to be a tough one. perceive with cautions, remember, it is big time it is one of the pandemic biggest winners. find out more of the toy story why not circle back and i am going to tell you what's still working during the pandemic. mattress sales are soaring and sheets sheets that you can't live without. don't miss my sit-down with the top man with sandman
6:13 pm
>> have a question tweet @jim cramer, give us a call at 1800-743-cnbc. miss something head to madmoneycnbc.com sales are down from last quarter
6:14 pm
but we are hoping things will pick up by q3. yeah...uh... boss: doug? sorry about that. umm...what...its...um... boss: you alright? [sigh] [ding] never settle with power e*trade. it has powerful, easy-to-use tools to help you find opportunities, 24/7 support when you need answers plus some of the lowest options and futures contract prices around. don't get mad. get e*trade and start trading today.
6:15 pm
6:16 pm
look at this stock like uno reported last night, matel. they made 95%. matel more than double the earnings expectation make sense kids got nothing to do, you got to keep them entertained some how. this move was gettable
6:17 pm
we know because we repeatedly spoken to the ceo and he kept on telling us the second of the year is strong let's check back with the ceo of mattel welcome back to "mad money." >> hi jim, it is good to be here >> as it happens, this is the highest quarterly growth for mattel in the past ten years of any quarter. not the third quarter. that's amazing. it is not even a holiday quarter. >> that's right. the third quarter was very strong for mattel. we saw a significant increase in profitability.
6:18 pm
we are able to drive demand and this is working very well. our strategy is clearly working and we are very excited by consumer demand and continuing momentum heading into the nourt quarter. how much of your demand i is -- kiis -- is -- parents are tired of kids looking on a screen. >> the the industry is proven to be a strategic category reta retailer, parents looking for high quality products and trust brands and affordable pricing. >> you told me you are going to fix the balance sheet. box check. you also told me you can use the
6:19 pm
intellectual property, covid have knocked one for a loop. how did you get that on track because you have a great movie background >> our movie project and development are progressing well we are not impacted and driven by covid we announced our ten movie projects in partnership with the director of james bond "the final solace." overall our strategy to commercialize and drive forward is working very well so we are not impacted by covid. we have made a lot of progress on our strategy. i put up on twitter that you are on and i ask for questions and e got answers. how many barbies does your nation need? >> barbie is just doing an am e amazingly well it is up 30%
6:20 pm
almost in every segment. demand for barbie grew 50% this is all driven by great product, design-led innovation and active demand and cultural relevance. so we could not be more excited about barbie >> one of the things you did say in the conference call that you supplying the stream is that something you can fix in time for the holiday season? >> well, tremendous amount for our product, more than we expected with such surge in demand we are working hard to fulfill it extraordinary and the growth and demand, coming in the first half
6:21 pm
into such growth in the third quarter and heading into the holiday season, we are working hard to try to fulfill it. >> i was talking to becky quick this morning, we were doing our cross talking. we played uno 55 years ago, how come it did not go away? >> uno is a great brand that we own. it performs exceptionally well it was the number one item in the entire games and category in the u.s. today the brand resonates across many levels and we expect to see it continue to dproe and have additional momentum heading into the holiday season >> so i think you are a hard charging guy >> fisher-price is doing much
6:22 pm
better than it did it is down barely 1% >> that's not acceptable to you. i know you, that's not acceptable to you. >> that's right, we are on our way. fewest growth and demand is growing for the entire category for two consecutive quarters in a row. we are working hard to turn it around you will see growth in fisher-price as well >> there is people speculating mattel is for sale and it could be bought. >> i don't hear someone says it is time to flip it >> we are consistently showing progress in our strategy we had nine consecutive growth our ibita went from $126 million in 2017 to $200 million and we
6:23 pm
just got to $625 million in 2020 this was 50 million more before the pandemic we have a lot of confidence in our strategy and showing consistent methodical delivery, quarter after quarter. the momentum we have and the brands resonating well and opportunity to capitalize well we could not be more confident about our future and the path forward. >> i want to thank you so much for coming on. you deliver everything you said on your money. good to see you, sir >> thank you so much >> "mad money" is back after the break. before we talk about tax-smart investing, what's new?
6:24 pm
-audrey's expecting... -twins! ♪ we'd be closer to the twins.
6:25 pm
change in plans. at fidelity, a change in plans is always part of the plan.
6:26 pm
6:27 pm
the third wave of the pandemic, it is time to review the cramer's covid-19 list while we made some changes here and there, it is mostly the same index filled with tons of text dots some financial tech names and some healthcare and consumer package. cramer covid-19 index is up 19%. what about somemore cap stock? the russell 2000 gave you the same move as the nasdaq. when you took down, even the
6:28 pm
20th best performer in the index, logitech is upset of 85% the last six months. there are 16 stocks in here that doubles. so let's take a closer look at the top ten. i know you love these stocks this is a content delivery network with a security kicker they make sure all are running smoothly cloudflare trades it more than 30 times sales tesla is 12 times sales. i would not buy more maybe then you can pass, not right here >> number 9 is the trade debt. 141% the last six months and more than double these guys help other businesses
6:29 pm
managing digital advertisements and especially streaming content. it is on fire for the same as roku it may make it more resilient the next time high fires get hit with a sell-off. data dog, a software for application performance modelling. they make sure all of those clouds stuff works at the time it was trading 44 times sales and since then pulled back nearly 10 bucks. although it is up since the covid index. it is a little over two weeks. they benefit from the age of remote work. let's see what they had to say not yet. seven best performers.
6:30 pm
boy, boston beer you may have seen it earlier this afternoon the parent company, sam adams, a big clean up so many hard sales of these companies, boston beer did not stop they reported of another magnificent quarter. we are talking about absolute stunner. analysts were expecting $4.50. breaking out above the thousand dollars. you got a huge game here, let's not be too greedy, maybe a little registering when ever lyft or air bnb sends you a text message, they're using twilio software.
6:31 pm
last week by the way, we learned twilio acquiring segments. i think it is a smart move number five, well, everybody's favorite, square yes, the digital point of sale who would thought the point of sale is this plug in your phone with a fall business kicker and under appreciated payment act and paypal and venmo square reports in less than two weeks. stocks pull back and earnings, i would buy them fourth is zoom video are you surprise that this did not make the top three zoom stocks have surged more than 300%.
6:32 pm
i am still a believer even up here all those gains have been rolled back and it is the end of zoom it will be a buying opportunity. people say oh god, all cramer does is zoom yes, i have. take that. >> by fantasy players. that one is mine and it is in the lineup, okay >> number three, fastly. not my lineup. fastly printed out some revenue, tik-tok, they thought this was a
6:33 pm
one off problem. this whole group is under pressure today tik-tok only makes up 20% of business we got to learn more later livongo, it is up 239% you know i love livongo. why? it is for chronic conditions like diabetes or serious factors of covid it is merging with another teladot. i would stick with this. people on twitter, i don't give you that, i told you to watch the show this is good finally number one, peloton. at a time where it is not safe to go to the gym, peloton have
6:34 pm
become the best way to exercise. this stock is up phenomenal of 280% they argued the upside is baked in and there could be problems of this holiday season i would keep a little something on the piece is still alive one last point we got a slot to fill in the index. i know the values stock have been dead. going forward, i like sempra energy since we created the cramer covid-19 index six months ago, the stay-at-home working at home stock has not been working traditional sempra stock left in
6:35 pm
the dark i say we go to lester in illinois >> a big chicago booyah jimmy! >> long time, first time, i like the way your club is playing, what's happening >> steve w.h dropping out on wednesday after winnebago, those dropped i think a winning combo may be to buy one >> $28 it is pull back big. it is as really well-run company. i think you bet it right here and you buy more if it goes lower. > >> larry in south carolina >> how are you, jim? >> i am pretty fired up.
6:36 pm
my fantasy team is doing very well >> i have been following you for about 20 years > >> no, come on >> i have one of your books, too. >> i am only 25. >> thank you thank you. >> got a question about stitch fix. is that a hold or a sell >> i am a huge katrina like our team has been -- it was an okay quarter. something is going on. i don't know what's going on with stitch fix. i am sorry, katrina, profits on half we liked it at 16 and it is now at 35. all right, it has been six weeks, six months since we created this incredible index. will you look at this? >> look at the performance here. the stay-at-home stocks have wrapped up the recession stocks left in the dust much more "mad money" ahead
6:37 pm
including the sheet business which stock should you be considering? i am going to give you my take and stay for our "lightning round. stay with cramer some things are good to know. like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. something else that's good to know? if you have medicare and medicaid, you may be able to get more healthcare benefits through a humana medicare advantage plan. call the number on your screen now and speak to a licensed humana sales agent to see if you qualify. learn about plans that could give you more healthcare benefits than you have today. depending on the plan you
6:38 pm
choose, you could have your doctor, hospital and prescription drug coverage in one convenient plan from humana, a company with nearly 60 years of experience in the healthcare industry. you'll have lots of doctors and specialists to choose from. and, if you have medicare and medicaid, a humana plan may give you other important benefits. depending on where you live, they could include dental, vision and hearing coverage. you may also get rides to plan-approved locations; home delivered meals after an in-patient hospital stay; a monthly allowance for purchasing healthy food and beverages, plus an allowance for health and wellness items. everything from over-the-counter medications and vitamins, to first-aid items and personal care products. best of all, if you have medicare and medicaid, you may qualify for multiple opportunities throughout the year to enroll. so if you want more from medicare, call the number on your screen now to speak with a licensed humana
6:39 pm
sales agent. learn about humana plans that could give you more healthcare benefits; including coverage for prescription drugs, dental care, eye exams and glasses, hearing aids and more. a licensed humana sales agent will walk you through your options, answer any questions you have and, if you're eligible, help you enroll over the phone. call today and we'll also send this free guide. humana, a more human way to healthcare.
6:40 pm
we told you of the stampeding market in home goods. anything you can find at bed bath and beyond is flying off the shelves. we want to focus on a particular company, linens. sheets and bedding and towels are where you want to be turns out the textile business
6:41 pm
are on fire. one of the leading players in te textile industry this is not just any private company, boll and branch, their brand is presidential. the cofounder along with his wife and ceo of boll and branch. mr. tanner, welcome to "mad money. >> how are you good to be here. three out of last five presidents and anyone listening to siris or listening to your podcast knows your company >> it all started with howard. i bought so much stuff off of that show, you got to believe able to sell sheets, too it has been an incredible ride
6:42 pm
in your hometown in southern new jersey >> my best friend, ellen hailey, she teld me about you. >> she gave me the speech when i heard it i didn't believe it could amount to it. she talked about treating people humanely and how workers do well and i said well, this can't be something in america that works but it does. >> imagine a directive consumer business in the bedding home category that's profitable for four straight years and keep people above the property line rather than pushing them down. it has been incredible >> your industry is unfortunate li ly know to notorious for treati
6:43 pm
people poorly. >> it was not until we learn of the bedding category that we realized that there is a lot of problems if we are going to tell our kids about this and neighbors and family and friends and put our name on this, we'll see if we can do it right from the ground up what start was an experiment wow, if we do itourselves and do it the right way, we can have an economic advantage on the category which is why we have been able to be growing really quickly and doing it symmetrically while we are adding it to the bottom line >> we use your sheets everywhere they are a different quality and i am trying to figure out what makes it so that they feel different from other sheets? >> well, i think it is -- most people have not tried organic cotton, right? the better the cotton, the better the product what's happening is organic cot
6:44 pm
tong is ju cotton is just cotton. they end up with terrible products suddenly you bring back the best quality cotton and you pair it with heritage craftsmanship. we got a different business model and we think we can help you change your fortune and help the people that work with you live properly and correctly and be able to afford education health and things like that for their kids they feel better because they're organic cotton if they spend one night is life-changing. >> one of the things that's confusing is my wife was buying this stuff online and i was in a brick and mortar store, i thought brick and mortar was not
6:45 pm
the way to go but you seem to like the combination >> it is amazing when you sign some leases before covid we have been successful in short hills and i think what we have found is a lot of people don't know our brand walking through the mall and they're heading to the department stores that they gone to forever. this category is still 92% and 93% precovid offline they're walking in and touching and feel our products and they feel the difference. our store offer us an opportunity to create a two dimensional billboard. the showroom model is arrilive d well >> well, it is tough to sell in brick and mortar and covid, is
6:46 pm
it >> it has been >> we just opened a store in boca raton and trying to do some different things and this is still important and keeping them clean and safe. when your employees feel safe, your customers feel safe, too. >> one last question >> rh. any chance that one day we'll be able to own shares at boll and branch >> i certainly hope so the team has been amazing. we have been with them for a year now
6:47 pm
our model have surprised them and we have been able to apply a lot of things over the years we are up 77% since october. they have been an amazing partner. >> it is a great category. you are the leader i want to thank you so much for coming scott tannen ceo of boll and branch thank you, sir >> wow, "mad money" is back after the break. at calvert, we know responsible investing is hard.
6:48 pm
if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities? for nearly 40 years, calvert has delivered competitive returns by investing in companies making a difference because we see value in doing good. talk to your financial advisor about investing responsibly with calvert.
6:49 pm
state of the art technology makes it brilliant. the visionary lexus nx. lease the 2021 nx 300 for $359 a month for 36 months. experience amazing. at your lexus dealer.
6:50 pm
it is time for "the lightning round.
6:51 pm
are you ready? thomas in new jersey thomas >> hey, jim, how are you doing i love your show, man. >> thank you, buddy. >> i am calling about nls. i bought some shares early last month and i am showing that 70% profit with covid numbers spiking and could this either close or having limited occupancy and peloton is dealing with some back order issues. >> true. >> i don't want you to be graed agre be greedy. thomas in new jersey got hurt. oh man that's what we have to do. let's go to gary in north carolina >> jimmy, how are you doing? >> how about you
6:52 pm
>> i am doing well fort bragg, north carolina, b booy booyah >> what's going on >> my wife and i love the show and love the education and the entertainment, mostly the education. tonight we want to talk about cell tower company >> i am ready for you. >> jimmy, jay brown put up a good quarter but he did not give me the blow out expectation numbers that i wanted. >> i think you are fine. the bears are all over it. i want you to stay in the course let's go to danielle in nevada >> hey, booyah, booyah, cramer >> i like that a lot of enthusiasm. what's going on >> i appreciate all your advise and wisdom i was calling to see what your thoughts on if i should buy the
6:53 pm
albertson's. i am exhausted by albertsons i thought they reported an absolute good quarter and i interviewed them and i liked what they heard and it won't go up the super market business is not as good. i don't mind holding it but i am not going to say buy more. >> do we have time for one more? >> do we have time we have one more so we do to doug in new york doug >> jim, this is doug >> what's going on >> i am from new york. >> there is something of the 20-yard line that makes you fallout. i get that >> make me some money and put me in a better move >> a brazilian cloud company with brazil that's on fire,
6:54 pm
whirlpool. >> that's the conclusion of "the lightning round. "the lightning round" is sponsored by t.d. ameritrade and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪
6:55 pm
6:56 pm
to stimulate or not to stimulate. that actually is not the question
6:57 pm
when you look at the cyclical, it tells me wall street made up its mind a stimulus package is coming, it is not a matter of if, it is a matter of when the stimulus package in january. i warn you not to expect another bail out before the election they generally don't love spending ton of money. the economy is doing well enough that they see no reason to compromise >> president trump is making a deal close to $2 trillion. the democrats playing hardball because they figured by got trump on the ropes the big disagreement is how much money to give cash to state's government there is an election in a week and a half maybe that's the right thing to do for the country
6:58 pm
for now we have a situation where both parties can deflect flame while they do nothing. in the end, investors are betting negotiations don't matt matter anymore they see a democratic wave coming now i don't mind people trying to gain the election i am begging you to learn from history because history says this is a just to trade, not investment infrastructure project takes forever to get rolling i keep on thinking of all the money that's lost on u.s. betting. they can thrive if biden wins. he may roll back trade work. remember our government has forgotten how to build stuff you want to own the infrastructure place for china business, not their business of
6:59 pm
u.s. government. let me give you another way to play the inevitable stimulus even if it takes a few months i am talking about the banks bonds have gone down in value and up in yield. there are algorithms out there set to buy the bank stocks when they see rates ticking higher. that does not change the fact that the machine will keep on buying it when we see it it is the journey that matters and not the destination. the journey translating to higher earnings and instantly higher here i am thinking jp morgan and goldman sachs and morgan stanley. the second is not so much but does not matter. goldman sachs and morgan stanley are the investment banking
7:00 pm
business so if you want to play stimulus, go to the bank stock they're cheap. i like to say there is always a bull market some where and i promise to find it just for you right here on mad money. see yo. the news with shepard smith starts now i'm shepard smith on cnbc and this is "the news. race to the finish campaigns barnstorming the country. with just 11 days until the election, the final push to get more voters out to the polls that's a difficult and challenging situation to be in. >> half a million covid deaths a new model forecasts a deadly winter ahead as the pandemic shifts in a dangerous direction for america. more mass evacuations in colorado tonight, a new threat. the raging

108 Views

info Stream Only

Uploaded by TV Archive on