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tv   Fast Money  CNBC  January 13, 2021 5:00pm-6:00pm EST

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and we thought it was going to be this tantalizing move, are we going to get above 1%. it blasted through it. it really did get stretched. i guess now it's probably more subject to news flow certainly powell's comments tomorrow will have some effect because people are wondering about the feds' message. >> we're out of time >> they are all relevant >> i'm melissa lee and this is "fast money. tonight on "fast," the house votes to impeach >> without objection, the motion to reconsider is laid upon the table. >> a new fallout this hour falling that historic vote in congress to impeach president trump for the second time. we are live in washington with the latest plus, intel surging as the company announces a new ceo. we'll debate later, pete is going to the
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mattresses why he says you shouldn't sleep on this stack. he's taking the mound on soft wick johnson yarnd johnson's covid vaccine, let's go to meg derrell with details meg? >> melissa, these are more results from johnson & johnson's phase two. it is not get highly anticipated phase three but those are due within weeks these results give us a reassuring look at what the results are likely to look like. this is the shot that's just one dose this is what they're testing here that would be a game changer what they found in the phase one/two study, that after a single shot, 90% of people got it after day nine. stable up to day 71. encou encouragingly, that was similar to what was seen with the mrna vaccine. it was the same across age
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groups if you're over 65 or under, which is also reassuring they did see side effects you see sometimes fatigue, headache, tiredness. i talked to a doctor he said we should see a high level of efficacy. now another important thing about this vaccine other than the single dose and what looks like high antibody levels is how easy it is to store and ship they can store it at minus 4 degrees perrine height long term and they can store it up to three months at 367 t to 46, wh is a regular ridge temperature we'll see results within a few weeks. melissa. >> we're seeing the stock climb. now up 3%. the latest on j & j ast one-two stays results. we talked about these -- >> hi. >> we've seen the stock react. what's your initial reaction to
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this >> well, a lot of reasons to own j & j. this is one of them. it's not the main one. i think all the bad news is behind them. valuation wise, trading at 17 1/2 times next year's numbers, which in my opinion, is cheap. that half their revenue comes from pharmaceutical, the other half from medical products and consumer products. it's a well connected company. this is the kicker, this is the tail wind but this isn't the sole reason. i think you can own johnson & johnson for a myriad of reasons. >> the gain is approaching 4% after hours. know that within a few short weeks we'll get phase three data pete, is this one you'd play either through the stock itself or through options >> well, you know, i love the stock. guy just laid out exactly why i think we all probably would like this stock, because of what they do and the value that they have and three different aspects of
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their businesses, i think that really does point something out that you're not just getting pharma you're getting the consumer and the medical devices unit and all that's great i think it's a quality company, absolutely but am i buying because of the vaccine? i absolutely would not be buying because of that reason i would be buying because i think they're a quality company that does so many things right they've had a few missteps here and there but very few i own pfizer and merck i like j & j, but this is not a reason to buy. >> if one wanted to be in big cap pharma is j & j the place, steve. >> yeah, i think it's as good a place as any place i've been with pfizer forever. when you look at the chart pfizer and moderna both have a huge run-up because of the vaccine. and i think j & j will do that
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huge run-up as well, so i would be a buyer of j & j right now right here on this news. remember, pfizer and moderna both pulled back dramatic kri. so get in, ride the pop and leave the stock. >> is there a further pop, you think? is phase three is favorable, do we see another pop here? >> i think it's a catalyst that then highlights also just the other parts of the business, so what steve's saying highlights what guy and pete were saying. their pharma business and it's been guided to be above market growth in policy pursuits, i think are very bullish medical devices business will begin to normalize in 2021 is this a catalyst that unlocks a value for people that are mostly neutral on this flame yes, i think you can stay here and get something out of this.
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>> we've been having this narrow pharma conversation. of course this has much broader implications for the economy and the opening trade in general if one is to believe it's much easier to disturb -- it's much easer to manufacture under a need one single dose instead of two doses to achieve efficacy, i would think you might feel a little better about the economy reopening and regaining some of the ground it's lost >> absolutely. and i'm definitely in that camp. i think we're getting over -- there's been a lot of different humps we've got to get over. obviously as we've gone through the entire year of 2020, all the pressure to get out a vaccine as fast as possible that's also safe i think we've started to get ourselves into a position now where we can look ahead and we can say, you know what, there's enough out there, the distribution problems, i think they'll get over that as well and i think that bodes well for
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different parts of the economy that vn been able to open up just yet but i think that will still happen it might take a quarter or two, probably two quarters before we get that comfortable, but i like what's happening right now clearly, hats off to all these various companies that have done such a magnificent job as far as the speed at which they've worked to make sure we can get these vaccines out as fast as possible i've followed pharma for a lot of years the speed we've moved in this particular case has been extraordinary. >> the ceo of j & j said they're on track for a billion vaccine doses by the end of the year so that's how fast it could get out to the general population. intel was a big story today. bob swan will step down next month. the ceo will take over the position the shakeup comes two weeks after dan lopes urged the board
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to pursue different alternatives given the run in intel, given the dan loeb entering as an activating investor, is this -- are we going to look back on that day as a turning.for intel? now with this happening, do we say yes? >> yeah. it's interesting i'll say no. i don't think so because i think the problems they have are they're very deep and it's going to take a while to get through them. the data center business, if you go back to last quarter, i mean, if one word, it's a disaster i think most people would agree with that. the real compelling argument is new ceo, dan loeb behind them. those are the things you're hacking your hat on. kudos to dan nelson who said that intel was the one he'd put a bet on that's proven to be correct. i will say this. there are other chip names there are better
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amd, although pulled off since touching a hundred dollars, a name qualcomm armed an all time high and lamb research which cons to grind higher all those stocks have a premium valuation but it's for a reason. >> this is the title of raymond james's note on this new ceo new ceo creates hope but intel's platform is still burning. that underscores the problems, the very big problems that pat gelsinger has to solve he's looked at as an excellent ceo candidate, excellent incoming ceo steve grasso, what do you think of intel now >> so the problem that guy had just mentioned, they have major deep, deep issues within intel the most of which they've had supply issues, they've had manufacturing issues also you've had apple, amazon,
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google supplying themselves with chips. so those are the major droughts that intel will have to deal with i think it's a secular problem for intel. i would not be a buyer, especially on this pop i wouldn't be a buyer of tech. you know where i am right now. but definitely not a buyer of intel on this pop. >> the knee-jerk reaction was up 7% but key bank had a thought that the new ceo may make it more unlikely that intel seeks to outsource more things that wall street thought would be a solution to the manufacturing issues that have plagued this stock for the past quarter or so >> well, i think wall street is thought that sintel wasn't up to it staying focused on the data center and things that are working but i think this had to be done. you have to be encouraged not only by the background of this gentleman but the history at
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intel, the first cto, and an understanding of a mix between software and chur. this is the right guy for the job to understand where the industry is, where it's going, where this company needs to go up think this was a company that was clearly underperforming. looking at a peer group, look at the smh, look at the outperformance of that etf relative to intel, and i think intel has a lot of catching up to do. doesn't mean it's going to happen overnight right man for the job, i think so i think something that can be leveraged and is trading cheap and deservedly so. so i like this announcement today. >> i think it was two weeks ago when dan loeb announced his involvement. i asked on this show what the stock would do if bob swan stepped down and here we are today. i didn't ask you what do you do with the stock after i guess that's part two here that i'm asking you. >> yeah. and i'll tell you.
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i sold i took off 50% of the options i had bought just the other day and somebody had sniffed this out, mel, no out about i was the buying just yesterday, stock was trading 153. this morning stock was over 160. it's a substantial move to the up side. the reason i would exit right now -- and i have a stock position as well and i've taken a piece of that off -- the reason i say that is look at a couple of great examples ofeve if you can find what we seem to think are the right people larry cull p at ge and charlie sharp at wells fargo, they've been there a year and a year and a half, the stocks have gone nowhere. why? because it takes a long time to turn these big battleships around the biggest problem for intel was the missteps one misstep after another and i think that was the big problem,
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because you start losing that market share to amd and to invidia and any of the other competitors and that's a major problem and it takes a while to get that back. i think they've got their work cut out for them i see this as a great opportunity. not too long ago, this was a $45 stock that suddenly traded for 60 today thanks a lot, i'll see you in a year or to i think until then, there are better names, micron, marvel those are some of them i think those are names that i think still have plenty of room to the up side and they traded a very pleasant valuation versus what you're seeing in some of the others. >> pleasant evaluation that's the first i've heard from pete in terms of damage to intel, is it comparable to the damage that was had at general electric over the course of decades when it comes to culture and accounting and bad acquisitions at bad
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times? bob swan was in the ceo role for two and a half years, guy, so do you think the turn-around is as difficult? >> no. i think pete makes great points. i'm glad he mentioned ge pete would agree with this a lot of stuff with ge was over decades and they took numerous miss steps i think intel's major mistakes is they didn't keep up they'll pass them by we were having a different conversation three or four years ago. we used to have a conversation that the only reason amd exists is so intel wouldn't be a monopoly it's fascinating how quickly things have turned around. the ge stuff to me was over decades. the intel stuff was probably over the last four or five years. >> tim, sings you're in ge, what do you think of that compareson? >> i'm in intel. i'm not in wells fargo
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>> ge. >> i think pete's talking about turn-around stories and the time it takes i don't think he's comparing the companies. so i'll just say this, too, know in terms of turning around, some of the issues at ge and some of the issues at wells fargo related to balance sheet and corporate governance and lack of trust. i'm not sure that's what we have going on here at intel intel is a technology company. it hasn't been at the leading edge of technology, i think it basically fell behind its peers. that's what we need to see they brought in a cto, an original member of the team. they brought in someone who really understands the technology that's needed in processing and where this company may choose to strategically be out a few years, but i think can shore up problems quicker than people think, and the core businesses that aren't going to change. >> all right let's turn to the historic vote in the house to impeach
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president trump for the second time let's go to elon for the latest. >> this time impeachment for incitement for insurrection. 232 in favor 197 against, and ten republicans, a record number crossed the aisle to vote with democrats. >> my vote is not a fear based decision i am not choosing a side i am choosing truth. it's the only way to defeat fear. >> the senate will not reconvene until january 19th that means that the trial would not start until president trump is already out of office a two-thirds majority in the senate chamber would be required to convict president trump today lindsey graham came out against this process, saying the trial would only divide the country further and possibly incite more violence the senate majority leader mitch mcconnell has been more sir come speck. he said i have not made a final
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decision on how i will vote. i intend to listen to the legal arguments when they are presented to the senate. he said a fair and serious trial could not be had before biden is sworn in next week >> back to you the fallout from last week's riots on capitol hill having fallout. disputed the election results. this is an area it seems lining there has been a slow creep of corporate america into the political fray and here we are for some of them i imagine they were asked by their employees, asked by their constituents to make such moves. steve grasso, is this wise >> no, i never think it's wise for a corporation to play politics, because you know, this is something where, i mean,
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michael jordan said it best. he said republicans buy sneakers, too. you never want to offend somebody on the other side you had 73, 74 million people in this country vote for president trump, so you're alienating almost that country immediately. so does everyone care about it no but i think that playing politics in corporate america is a very dicey game and it's very -- it's a tough game at most points because everything is running extremely hot right now, but i think the furr further away we get, president trump is basically out of office now. i think the further away we get from this, we wants to have cooler heads prevail i don't think the senate gets to that two-thirds majority, so let's leave corporate america out of it. that's my opinion. >> at the same time, it's interesting that there is a
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distinction between companies who specifically say they're suspending donations to those who refuse to recognize the election results and there are those who say they are suspending all political donations. you have to wonder if maybe this is going to be the new trend where they stay out of politics altogether what is the end game for them for donating the end contribution to a various number of senators and congress people on both sides of the aisle >> i think the end game is that they're not going to get as far away from politics as they seem like they're going to today. i think you have a case where if you think about facebook under a think an the advertisers that really went out of their way to say we're pulling money and got out there and up front and in some sense were making a political statement by making a political statement, and you know, there are times -- we know the corporations that have chosen to be more political than others over the years, at least
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the ceos or the heads of those corporations -- i think of starbucks as a company that at times has chosen to be political but they've done it for more i think, you know, broader social acceptance and to that extent, i think sometimes it's actually worked for starbucks nike, we know has been in the middle of politics ultimately, i think it's going to be impossible to get corporations and separate them from politics, because that's the nature of commerce but i think today and now, these announcements don't surprise me. i don't think they're forever. >> ok. coming up, don't get caught off guard. one top technician lays out the three most surprising charts in the entire markets what they are and how you can trade around them. shake shack surges what sent that stock sizzling higher much more "fast money" in two.
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welcome back to "fast money. got a news alert in the nba, and it could be our trade of the day brian sullivan joins us on the fast line with hat brian. >> big fan of the show first time in a long time here, guys seem to confirm that houston
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rockets have initiated and completed a monster trade more complicated than a four way barbell straddling action. james harden is going to the brooklyn nets. it is a four-team there action hard in is the key focal point here he's been unhappy in houston he is out. he'd headed to brooklyn to be reunited with k.d. and kyrie ir irving they get some first round picks and pick swaps as well a pick from cvd, too the headline, the pacers are involves they get victor oladipo. james hardin out of houston, houston set to launch on essentially a big multi-year rebuilding process as well lot of picks, lot of flops hardin is out. oladipo and others, i feel like
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guy donny calling the wfan >> brian, thanks brian sullivan with the latest he mentioned multi-team, the pacers, the cavaliers as well as the melts. you know i have no idea what was just said by brian he's a great guy, great reporter i will toss it up, jump ball i want to say. guy, why don't you take it >> nice job. melissa -- >> yeah. >> how many basketballs do they play at 2021 in an nba game? >> is this like a trick question one! >> no it's not a trick question. >> one i've seen basketball before. go ahead >> and now the nets basically in their nine fans have three of the most ball centric players in the league >> well, we have got a lot more
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ahead here on "fast money. here's what's coming up next >> markets off to a strong start for the new year but there are a couple surprises that could be lurking in the shadows. we go off the charts to find out how you should get ready for them plus, we're wapg a couple new members of the all-time high club the stocks hitting records today and where they're going from here we've got that and a lot more when "fast money" returns.
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welcome to fast fast think you've seen all the surprises this market has to offer? think again. our next guest is laying out three off the charts
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chris, what are you watching >> hi, melissa how are you. i think investors better get ready for a couple surprises this year. i want to start with bond yields we've pushed through 1% in an important technical breakout it's easy to make a case if they want to go to 135 or 140 i've never seen bond yields obey what the consensus actually was. and i think when you look at some of these charts here, resistance at 140, but look at the distribution that we've brought along on the second chart. a distribution of where the sell side believes ten-year yield will end the year. only four of 58 analysts out there believe ten-year yields will exceed 150. so what's the surprise here? i think you can get a two-year handle on yields
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the street is not ready for it second surprise. let's talk about the dollar. i think this goes than in hand with the yield call. if you're going to get bond yields meaningfully higher, that creates an attraction for capital flows into the u.s everyone is a dollar bear. i have think we need to be very, very mindful of how lopsided sentiment had gotten on one side our dollar survey shows one of the highest levels of bearishness since 2014 we had seen these coincide with dollar rallies in the past i don't think it would be a shock to see dxy bounce perhaps back to the 93 or 94 zone. it brings us to what i think is the third surprise energy more than just a trade every time people talk about the secretary o, even the bulls, it's described as only a trade we think it's more than a trade. we think adurable period of
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improvement is under way many this sector. one of the best readings we've seen in years that tends to precede future gains, future leadership i think that's starting to build here what i would really emphasize within the sector is owning the average stock. there are three names in the sector that comprise 50% of the weight that's too concentrated for us go down the cap scale on the average energy name, that's where we think leadership is found. so rates, dollar, energy, surprises for 2021 >> chris va rope, lots to talk about. pete, which surprise do you think has the highest likelihood of happening >> i'm going to go with energy, mel. my exposure to energy is high right now. friendships, i own exxon, the stock, chevron in stock. but in terms of calls, marathon
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petroleum, marathon oil, occidental, those kind of names where you're getting a lot of beat, a lot of bang for your buck i don't think it's over. i think there's still more up side we've asked crowd-goal up in a hurry. i don't see any signs of stopping there i think energy has a lot more room to run. >> grasso, same question to you. >> so i'm going to go with the ten-year, because the basis of me moving from g.o.a.t. to value has been rates increasing. the ten-year on a percentage basis is up 126% from its august low. so i like his dollar call. i like the energy call i think energy's going to have a problem with esg that's a main problem, a main head wind. yesterday, tutor pickering was out bullish on a hand of nat gas names, swn, rrc, they were out
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on three other names they're coming from such a low base, melissa, that they can double, triple and quadruple and still be just out of single digits a lot of these names. so i think energy can run a bit, can surprise a lot of people, but i think that tenure is going to run a lot further that people think. >> quickly, on the dollar, we've talked about how consensus is the dollar weakened if christmas surprise comes true, which trade is most vulnerable >> well, first of all, one of the trades he just mentioned the dollar rallies a lot, i think yields are going down. i think chris does a great job and all this stuff he talks about. but of the other trades, obviously, resources and repopulation trades in a higher dollar a dollar goes to 95, i'm bullar
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em mike co's on the show later. i think that trade would suffer a bit. a move to 94 is, you know, a bit of a balance but i think that's more of a balance. i think they move to 91, 92 sets you up for this trade to go weaker i know it's crowded, but i think there's a reason for that. >> all right coming up, we just talked about em emerging markets have been on the tear we spotted one trade that predicts it's running out of steam. first, this stock will give investors sweet dreams when "fast money" returns. our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs...
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now california phones offers free devices and accessories for your mobile phone. like this device to increase volume on your cell phone. - ( phone ringing ) - get details on this state program visit right now or call during business hours. welcome back to "fast money. pete says there's one under the radar winner that investors may be sleeping on he's stepping up to the plate with his very own fast pitch take it away >> all right i'm going to start with sleep number this is a name not many people know it's been around for a long time they had a name change shelly ibach joined the company in 2007.
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she's been navigating this stock higher and higher and higher, some of the investments she's made, the marketing she's done and some of the partnerships she's made as well, along with being with the mayo clinic, the nfl, i think that stand of the business itself, i think she has done a magnificent job on the second side of things, i like to lock at the fundamentals when i see free throw cash knows like i see in this company, they've got $200 million, that's 10%, pretty impressive so i like the fundamental side of this story as well. then when i look at growth and i see that the revenue growth is about 12%, the earnings' growth's about 13% and they brought back just about 50% of their outstanding shares, i think they're doing everything right. the stock looks like a rocketship it has been. i think it's going higher still, mel. i think some of the people out
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in the street, piper sandler was talking about how they think some of the growth is still going and getting a lot grothe-er as we go into 2021 >> let's open the floor to questions. guy, i belief you have a question for pete. >> each man of his work, he knows -- my one question should be, play devil's adequate. valuation. i mapped the growth. i madam the cash flow. are you comfortable with the valuation, given this ridiculous run the stock has had over the last six months? >> yeah. that's a great question, guy when you luke at what's really be going on there underneath, yeah, i think that's a very valid question to ask. i think the reality is the growth that they're seeing from piper sappedler and i happen to agree and we've seen what they've been able to put up, but going forward, i think this is a company that's going to be erpg well over $5 a share if that's the case, i think it's going to be cheaper than it appears right now. >> got a question?
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>> yeah. pete, so when you look at this as guy alluded to, this stock has had a monstrous run. i hear you on the buybacks that they've had. does the idea of it flirting with the rsi, relative strength index, of 70, which means overbought, does that scare you for a little bit of pull-back? >> a little bit, yeah. absolutely all you got to do is look t at this chart and all ha scares you. this goes higher as other analysts start to see what they're doing and what their growth looks like for this year. >> it's time to vote are you buying pete's pitch on sleep number tim, what do you say >> yeah. i don't like the move in the stock and i don't like the valuation, but i hyka the segment and i like pete sleeping here on this bed and i do think that this is a story that continues to move higher i think this is a trend and a space that i think fits into a lot of home trades. >> tim is like the van gogh of
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"fast money. what do you say? >> i might not be van gogh -- can you read that? >> my sleep number is 118. >> 1118. yes. 118 is a lucky number as some of you in the audience might know that's where i think the stock is going if pete's power pitching this thing, it's for a reason i'm with pedro >> is 118 a sleep number i think that's too high. >> i have to idea. >> steve grasso. >> i'm buying the pitch here this worked for me twice targets are mag nents in stocks and the price target usually attract the stock. i bought chewy at 68 it traded to 114 today i bought itbecause somebody threw out jeffreys, i believe. i think this gets to 108.
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i think we could see 118, 120 a number >> the traders have voted. are you buying pete's fast pitch on sleep number? we've got results later in the show up next, we'll break down trades on shake shack and game stop when fast money returns.
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welcome back to "fast money. time for our trader triple play. three big moves in today's session. let's kick things off with shake shack, jumping more than 7% today. when strong preliminary sales for the quarter released yesterday. at a kchs, guy, i know you worked there for a brief amount of time doing, i don't know what, but do you like the stock here >> first of all, i mean, the indignation, i mean, i worked this i did a great job for them they asked me to stay on but i said i'm true to "fast money." so that was my foray into shake shack. we've opinion steadfast in our belief the move has been great. it's extended now. it's right back up to the
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september 2019 highs you made that today on pretty big volume i'm inkpliepd to take profits but i don't think it's going to trade significantly. >> the highlight of their shack track initiatives yesterday where they will add drive-throughs and walk-up windows in urban areas do you like this do you go elsewhere in fast food >> i was in shake shack. i made about 25% off the trade now i look silly, because it's traded higher. this one has an enhanced digital platform, which that is what attracted me originally to dominoes pizza i think there's a lot that's already factored into this stock and the recovery route with this stock. it has outperformed mcdonald's by a large distance since september. i think we're running out of a
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little bit of juice but i did sell it myself i clipped the profit and i gave up some of this upside. maybe you get a little more left but i think you're running low on anymore momentum. >> hitting the bulls eye, trading at all time highs, finishing the day lower by a percent. e kmors sales more than doubled in november as well as december. i mean, these numbers were just staggering, total same day services were up 1393% 95% of sales were fulfilled by stores so pete, you've fast pitched this before. >> yeah. i love this name as a matter of fact, you can't say enough about what the ceo brian cornell has done at target to improve this company. it was a $26 billion market cap when he took over. now it's about a hundred million dollars market cap that shows what they can do in a
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short period of time how about drii think the realits the other side of it is as people get more comfortable you were talking about going into the future with vaccines and so forth. as people are doing more shopping, not just for essentials, that's where the margins are and that's where the money is for target i don't think this run is over yet >> we always ask about what happens on the other side when things go back to normal some analysts say that drive-up number that indicates that the games that target is making during the pandemic, they are going to stick tim, would you stick with target >> i like what you did i think it's enough to keep the multiple higher than it has been i think the trends we see in e-commerce, the same we're doing with walmart on some levels.
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i think they have pulled forward some business but we've got another round of stimulus checks on the horizon i think the second quarter will look strong as well by the time that filters through i wouldn't get too far away from this one this has been a took that every time it's moved higher, ice been worth buying on weakness >> let's round things out. the move appears to be a result of a short squeeze the individual o'game has been a hot space. we should note that there is a board shakeup, an activist investor who sent a letter in in november and got a seat on the board. got two of his former colleagues on the board by that way, that activist is the founder of chewy's tim, you are the gamer of the group. >> yeah. >> and you have -- loosely, very
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loosely, but -- >> hold on a second. you have no idea how i move around the -- i'll leave it alone. if you think about this story and you think about the structure issues that game stop has had, did for them. this is requiring a move to subscription services and some digital and some loyalty that i think is part of this rereading. but i think this is short covering at its finest and at its most painful who need bitcoin when this thing can move over the last three or four months 8% i'm not chasing this move. i think there are structural issues for this company where ladde hardware is not really the story. >> a little more than a week ago, the short interest in this stock competed the number of shares outstanding i didn't even know that was possible until i read that about game stop today.
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that's how squeezy this squeeze was. >> amazing i didn't know it was possible. actually camp out outside the gamestop brick and mortar stores to purchase whatever playstation or things that go there -- >> obviously -- >> shares today it typically raised 10 million shares, i think -- >> all right we are having problems with guy's mic. we're going to leave you hanging. no idea what he's going to say for another show coming up, is there danger emerging many sn markets are betting on that. head to cnbc fast money to find out.
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welcome back ticking higher today 6% since the start of 2021 it could signal a rocky road ahead. mike, what did you see >> yeah. so what i was taking a look at was the largest single listed options trade today.
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em traded more than seven times the average daily put volume and all that was related to a large block of puts that traded specifically the december 49 -- strike 40 strike and 25 strike puts each just state t under each they were selling the 40 strike puts and buying the 25 strike puts the hong and short of this is somebody was basically either shorting or putting a hedge on approximately $1.25 billion of market exposure. maybe that's not surprising given that em has rallied since the march 23rd low and is up 20% year over year right now >> tune in to the full show friday at 5:30 eastern time. up yet, still counting votes vote for pete's pitch on sleep number we'll reveal the results after this quick break turn on my tv and boom, it's got all my favorite shows right there.
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i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪♪
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welcome back to "fast money. time to find out if twitterverse is buying. looks like a sleepless night
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nearly 60% of voters were not buying it, pete. too bad. >> yeah. it's understandable. >> all right >> yeah. the chart, i think, scares people off sometimes >> all right time for the final trade let us go around the horn. pete >> i got to go with sleep number i believe in it and i think it's going higher >> tim seymour. >> don't sleep on emerging markets. finally breaking out after a 13-year part between new highs and a breakout on the highs. >> steve grasso. >> verging galactic. it had a poor test flight. the stock sold off aggressively. the window opened for a test flight this week i expect the stock to be about 40% higher when that test flight goes ok from there spce bye >> they're launching a space exploration etf. that should be interesting
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guy. >> you have quick thoughts on that hardon trade. i know you've be watching it >> it's unbelievable >> unbelievable. i think that sort of -- that really captures it i agree with that. james, welcome to brooklyn i know you're a "fast money" fan. lamb search 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 educate and teach you so-call me at 1-800-743-cnbc or tweet me @jimcramer. today the dow dipped eight

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