tv Mad Money CNBC January 20, 2021 6:00pm-7:00pm EST
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whirlpool, i like the valuation. i think there's room in the housing trade. whr. >> guy adami. >> steve gave you a rock i'll give ah stone black stock in about a week. >> thanks for watching mad money with jim cramer starts now. my mission is simple, to make you money i'm here to level the playing field for all invest to investos there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm creamer welcome to "mad money. welcome to cramerica my job to entertain and teach. call me or tweet me @jimcramer the trump era is over so how do you prepare your portfolio for the biden era? this feels like the most
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consequential change since perhaps the raegan administratio or civil war that's not really true i'm betting it will have a bigger impact than ocbama to trump. the dow gained 258 points, the s&p pole vaulted 1.4% and the nasdaq soaring almost 2% in part because nothing crazy happened at the inauguration the absence of a negative these days means a lot in the wake of the aborted capital push what does change trump was anti immigration he was profossil fuel and vocally hostile to china bid bi biden is opposite. hard to imagine anyone can do worse. we put drug distributors in
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charge when everybody is in charge, nobody is in charge. it comes down to county level officials. what do they know about setting up a national vaccination program? once again, the bar is low in the vaccine front. if biden simply finds where the extra viles are hidden, pfizer and dern moderna says they have thousands hidden how many have gone bad sitting in closets and how many have fell off the back of the truck we'll hear from one working on a new type of vaccine that might obliterate the mutant strains kw you've been hearing about. this is not fear mongers, it's "mad money." tonight we have an updated feel like biden's cabinet picks. first is e commerce. a lot of people are nervous that
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the e commerce story will fall apart once we beat the pandemic. that will be the least of the problems this remains in it's infancy the chain is forced to embrace the web. the wipinnners, think target an use today to bring in mason and a lot of swedish fish. chipotle, no wonder it was up 3.6% today and same for the e commerce enablers, shopify, etsy, square, don't forget it of the and prematurely considered dead fang. facebook is the best way to advertise online amazon is well, amazon apple has the e commerce device and netflix is the king of entertainment and a cross between between facebook and amazon and led the market today. second theme, the great reopening. let's keep it simple
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marriott, southwest air and airbnb all those, what are the obvious ones go with them, sales force, workday, the number four cybersecurity. earnings season is in full swing and listen to the calls, it's breathtaking how much they spend. you have operators like crowd strike and z scale and cramer family fav octa and palo alto i like them all. as for number five, that's the 5 g wireless buildout. last week i gave you a basket of the t-mobile, crown castle, man, sky works, qualcomm, taiwan semi, that basket is paid for itself nine ways until sunday. those are fine especially the chip makers because we have a massive worldwide semi conductor shortage 5 g is a juggernaut. pick one theme six, biden's covid-19 stimulus plans this is tricky
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you'regoing to hear a lo infrastructure another round of stimulus checks is good news for amazon, target, co costco, home depot, lowes, dollar tree and whirlpool and stanley black and decker biden and the champ amp stressee will continue to take a hard line i don't buy this if i were the editors, i would send them back saying go do homework biden has been in politics for 50 years he's never been that hawkish on china and as much as i believe in the trade war, the business community wants to stop it who wins the companies with a lot of chinese exposure like apple, nike, starbucks. it's because of what i'm saying. let not forget boeing. china needs planes and employs 2 million americans. if biden plays nice, they will
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throw orders boeing's way and you'll pay 250 for the stock the stock picking and wealth management think morgan stanley and goldman sachs. morgan stanley is the best what an amazing quarter. capitalize investors that recognize picking stocks is a good way to manage your money. the asset gathering momentum is extraordinary. they are crushing it crushing it. number nine, remote work is here to stay. even when the pandemic is going. why? simple for the last ten months millions of white collar workers are stuck at home. call me 3 a.m., 7:0 a0 a.m. i would wake them up at a quarter to 3:00 and make them work william williams-sonoma, way fair, zoom video and amazon ten is health care biden doesn't have the votes in congress to do anything earth shaking here but i think his administration will try to make
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it easier to get insurance and that's good news for cvs because they own aetna asand regeneron. have two new themes brought to you by the biden white house be ready for electronic vehicles this is not new to you i'll bring them to you constantly, not just tesla, plug power somebody put a rate on that and electrical vehicle plays emerging with special purpose acquisition and ciig, which is merging with u.k. base arrival. everyone is hot on that one. i'm increasingly drawn to ford because they're electfying the f-150 and have an investment in the $25 billion electric truck developer. general motors are cheap and they've got momenomentum. second is housing.
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i've been reluctant to do this, d.r. horton, lennar because i was worried about higher interest rates but after what we heard, i believe rates will stay low for a long time, maybe years. biden is proimmigration which is gigantic for home builders there are 10 million undocumented immigrants that can come out of the shadows and ask for credit to buy a home and that will be amazing for home builders since we have 2.3 months worth of homes for sale now and that's the lowest among record if we get extra aggressive push, buy caterpillar. if biden goes big on solar energy, sun power. i think the jury is out of those themes they don't do enough work. what's the point of identifying these big themes simple they give you something to fall back on. you don't chase these stocks on the way up you wait for a pull back and pile them on the way down when everyone else is squcared to death. the themes give you staying
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power and you've done the homework the bottom line, most of these teams don't need an old president or new president put a dog in the office and they will work. the on thing they need is capital and this stock will provide, this stock market will provide any capital needed in a heart beat i'm starting with josh in texas, josh >> caller: boo-yah, jim. big fan of the show. >> thank you very much >> caller: my question is regarding the cannabis as a whole. with both houses of congress as well as the executive branch now being democratically controlled, what is your outlook and perspective on the immediate and long term investment of timesty of the sector? >> i don't like the immediate at all. i like the long term and that's why i keep coming back to canape growth because they have the balance sheet. i totally get that canape growth has the management skills and it's got the money that you're going to need to be
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a long hauler. i need to go to carl in pennsylvania, carl >> caller: jimmy chill, what is cracking, brother, honor and pleasure. >> same. >> caller: hey, listen, my question is about a company you had not too long ago stuck trading in the $115 range. with earnings next month and joe bide p inn in office and the mat green, what do you see as a catalyst to move this under the radar esg play and the nation's largest recycler waste management out of this range >> unfortunately, i did once believe that is the let's say the thesis but it really about home building. it's about construction because that's what they make the most out of and a lot of people feel like they are doing a lot with fuel cells and methane but not esg. i really like them but i'm not putting them in the esg camp let's go to arti in florida,
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arti >> caller: boo-yah jim long-time listener, first time caller. >> long time, first time what's up? >> caller: i wanted to ask you about gm as it comes with bargain valuation when you compare to tesla and neo they are making clean energy in the agenda, how well do you think a company like gm with an established user base and massive manufacturing capabilities is positioned to succeed after clearly showing the commitment to focus out of ces last week? >> all right if they call themselves general motors electrical vehicles corp, this $79 billion company would be 00 billion, that's how ludicrous it is. it's being rewrited in the face of us. she's doing so many things right. don't count out farley from
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ford i like the imagery okay now, now you got the biggest investable themes for the year sure, some don't need a new administration but it sure doesn't hurt. on "mad money" tonight, up over the past week but under the covid player, gristo be worth considering after a spectacular move or are we late? i'll talk to the ceo and seeing plenty of changes in washington but could the biggest themes look the same? i'm talking the rise of the streaming wars and whether the trend will continue in 2021. you will need this segment to make judgments and president biden has pledged to push a sweeping 2 trillion$2 trillion,k that, letter t trillion plan i'll sit down with the group of renewalble energy group to see how it can benefit so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter
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how about a feel good story for this upbeat inauguration day? look at grit stone oncology that seen the stock quadruple that's right, quadruple. they were an early stage drug developer experimenting for immune therapies for cancer. they announced they've been working on a second generation covid vac stcine and had an agreement with the institution
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of allergy and infectious disease to test it this immunotherapy could be a game changer if it's still just in phase one even. that's how a little biotech stock quadruples but is it for real let's check in the with the ceo to get a better sense of the initiative and what it means for the pandemic dr. allen, welcome to "mad money." >> thanks for having me on, jim, great to be here. >> no doubt when listening to president biden he's going to work studiously and endlessly and rigorously trying to solve the pandemic but i'm not sure how much they're doing about these new strains such as the south african strain that has so many people concerned. grit stone might have a solution for that, correct? >> that's the hope, yes. >> so would you be doing something that's similar to what you're doing with oncology or is this a whole different kind of technology you're working n? >> this is very similar to what we've been doing in cancer
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what we did with cancer when we started five years ago is to frame the problem as one of identifying what it is on the surface of a cancer cell that looks abnormal to the immune system and then isolating those abnormal proteins, putting then into a vaccine, delivering them to humans to generate in particular these killer t cells that can effectively kill tumor cells. that's what we're focused on originally and as covid came along, it was clear it was possible there would become resistance variants within the virus and using t cells and that arm of the immune system is part of the solution would potentially be important so we started working on this last year and indeed, it obviously caught the attention of the gates foundation who has been funding us in the preclinical development of this and more recently the nih have wanted to take it into phase one human testing, which is what we announced yesterday. it a very natural extension of what we've been doing. at some level, we hoped it would never be necessary but we're
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starting to see resistant variants arriving such that we may need some alternative approaches such as ours. >> so doctor, i've been following and writing about obviously the pandemic for a long time and i'm always concern there had are a lot of companies that say they're getting in and haven't really produced anything versus some of the big guns but in someways, if you don't mind, you remind me a little bit o one that a lot of people didn't think could become a major company when it came to the vaccine and that is moderna. you have similarities. >> yes, we do. we both have programs working in cancer and obviously, they have done a beautiful job of driving those first generations vaccines for the treatment or prevention of covid, which is fantastic to watch. what moderna and others have done is to focus on the spike protein, which sits on the outside of the virus and is a target for antibodies and they have a vaccine that generates really nice levels of app tie
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bodies and we were all please ce -- pleasantly surprised when they showed 95% protection against covid-19 disease, which is fantastic the t cell system which doesn't neutralize the vie rus before i gets into a cell and that's why we have both of these limbs to the immune system. they compliment and reinforce each other and what we've done is we've captured the benefits of spike potentially so our program does drive antibodies to spike but now we're ex ppandingo include additional targets to the virus and strong t cell responses against the virus and that may be helpful if you're getting mutations in spike, you have the t cell system to give you backup protection. >> there was an outfit that was skeptical, they downgraded your stock to sell saying basically, i don't mean to just do too much short hand, that they're
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unimpressed by the preclinical data since the effectiveness is already very high leaving little ground for quarrel, your option to improve upon. to me, that's apples and oranges. i don't think there is anything about the current ones that has anything to do with what you're talking about. >> i would agree with you, jim i think today we're seeing fantastic safety and effectiveness of the first generation vaccines. that's magnificent we're in this together we're hoping for the best. we're preparing for the worst. the worst is that the spike starts to mutate, and starts to become resis ttant to the antibodies and today, literally today a paper came out from the rockefeller invuniversity showig the south african variant appears to be relativity variant to antibodies to the first wave of vaccines. it not complete loss of protection so we're not going to go from 95% protection to zero but the worry is we go from 95%
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protection potentially down to 75% and maybe another mutation happens and drops down to 50% and that's the concern so we're, again, hoping for the best, we're preparing for the worst and using other targets from the virus beyond spike is obviously a rational approach to dealing with this problem. >> last question, we know president biden of course, as i said, is deeply committed to solving the pandemic his predecessor came up with operation warp speed would it be anything to help find grit stone that warp speed made it companies would have enough money to be able to do it or do you think you have to go back and tap the public market for more money >> nih is working with us and running the phase one study and they will start shortly and the real expense is manufacturing scale up if we need the product such as the one we're developing at scale, that's the real expense the good news ispoe ponents areo
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those being developed by others and we can see that that can be scaled up very effectively by a lot of manufacturers out there around the world and that's been supported by federal dollars and so our hope would be that if indeed that kind of scaleup becomes necessary, we would have federal help in paying for that. >> we need you and we need what you're doing and we tahank you for what you're doing. dr. allen, nice to meet you, sir. >> thanks so much. wow. i ha hf tvealofhe mo dern that. i wanted to go full.
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2021 are looking like the biggest themes of 2020 take the rising stream of video taking endless market share from cable. not long ago a ton of people were worried this industry had gotten too crowded these days it feels like everyone has their own streaming service. it has to be zero sum. netflix, amazon prime, hulu, apple tv plus, discovery plus and the upcoming paramount plus. that's a lot of subscriptions so they migrated to roku to strep to your tv because it's an arm's deal to the entire group why bet on these 100%? unless something changed last night netflix reported spectacular subscriber numbers, very impressive since the previous quarter was lackluster. that tells me this industry has a ton of room to grow and maybe
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it's too soon to write off the stre streaming services so let me start with the new challenges. i need you to know this group because it's not going away and companies we're just hearing about, people will be hyping them all of 2021 before the explosive $85 run, netflix spent six months around $500 after a big move higher from the march lows what changed netflix has one key met trick. paid subscriber addition the stock got slammed when the number was soft. today it's flying because they had 8.5 millionsubscribers netflix was looking for 6.1 million. if you look at the other numbers, not that great. earnings, weaker than expected and gave ugly subscriber guidance for the current quarter. the last time netflix reported was in july and the stock sold off in response. what was different they have a great pipeline and
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new content and news coming out later this week about bridger ton, which is good because my wife is addicted gave me a chance to watch hours of football so thanks to you so much but the big difference is that this time netflix told us they are quote very close to being sustainbly free cash flow. the company will break even in 2021 and everyone was freaking out about netflix and content and competitors was sharpening fives and netflix has enough content while paying down debt and maybe buying back stock. you might not want to chase this one after today's move netflix remains the top dog in the streaming and i got to tell you it's absolutely worth buying i like this continually. i wouldn't put it in fang if i didn't like it i came up with fang. but i'm very modest and you only get to hear about it like every other segment. i like disney, too their streaming service is taking off but this point the stock is more reopening play
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how about the arm's dealer like roku or the trade desk roku is the preferred way to stream to be built into more and more tvs, the stock is on a tear a 30% gain in the past 12 trading days two weeks ago the company reported prelip naminary data a the stock pulled back in response and turned around and hasn't looked back since because the analyst fall all over themselves to raise the target feels like a live auction. i got that and that. i used to auction for a living i kind of liked it yesterday jp morgan came on top of everyone with an over weight rating with 475. just for charity i did it. their thesis, advertisers shifted spending from tv to streaming so there is a lot more upside for roku as they chase the target audience. it gets better and better.
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it's gotten so hot i mean, i just don't want to just say go buy roku because oh, man, no, if you own roku and you got a double or triple, can i suggest something? just a little. if you don't own it yet the stock is trading at more than 20 times sales. that's one of the most expensive stocks of the market $428.50. the trade desk helps companies manage data driven campaigns when advertising on streaming video. we know advertisers love streaming video because they have old fashioned tv video to find the right audience and knows who looks at the stuff the trade stocks surged 208%, unlike roku the stocks pulled back from 973 the night before christmas to 811 tonight i honestly can't find a good reason for the sell off. maybe it was due for profit taking
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whatever the reason i think it's a buy here the trade desk quarter was good. behind the big income -- incumbents, there is mag night giving more streaming and we know a lot about this company. they reported a fabulous quarter surprise profit to send the stock skyrocketing from nine to 34 the research firm, so far the shorts, they have been steam rolled my view i'd rather the trade desk a company not with an entry point. next up is fobu tv those people are not ill advised. it's the skinny bundle like an alternative to hulu like hulu live tv or youtube tv. i warned you away from this a few weeks ago because the stock listed on the new york stock exchange came out of lockup in december and very smart short
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sellers, they cursed the capitol with fubo in the sights. they jumped hammering the shorts why because the company said it's acquiring victory that's a sports betting company. i thought it was cool. they played against their sports book at the end of the year. what does gambling have to do with streaming video except they are both in style? got to admire it they are throwing red meat to momentum traders but i'm not scenical enough to recognize the stock. i like draft kings i do my bull market fantasy show that's on tomorrow and you see a guy downgraded that to a sell and today it roared. this guy, these guys as a company i never heard of to talk about for the first time, first time, maybe long time, pubmatic that came public with a bang in mid december it's intriguing. they are a steady 20% -- i love
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these names, 20% grower with solid profitability. they had an insane move for no particular reason. 27 on friday 34 you got my blessing to take it under 30 bottom line, streaming is here to stay and the best way is to stick with what works that's why i'm pounding the table in the trade desk of the recent sell off and let's get ceo jeff green back on. i like that guy. for netflix, roku, pubmatic, how about a pull back before you pull the trigger "mad money", we got more we have my exclusive with the renewable energy group talk about a great name for a new administration can the company meet the growing global demand for lower carbon fuels and lead the way to a more sustainable future than even inces investors who haven't watched know that it's positive. i don't know i caught some of it. you guys like it a lot of -- you like that? the wife liked it.
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this would be a great year for alternative energy there is another roaring with alternative energy when you turn vegetable oil into bio diesel you get a clean fuel. going big bio fuels mean the government can throw money at farmers that does help politically which brings me to renewable energy group , north america's largest producer it surged 163% last year including a monster 67% move since biden won the election has it gotten ahead of itself or is the new administration that good let's check in with c.j. warner, the president and ceo of renewable energy group to learn about the company and biodiesel business welcome to "mad money." >> thank you, jim. >> c.j., your company is exciting not just because it has biodiesel and renewable diesel and ultra clean, tell us about these different grades and what they mean for shareholders.
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>> well, biodiesel and renewable diesel class together as bio mass base diesel and they're both made from basically waste bio oils, either animal or plant fats, think used cooking oil we convert them to high quality very low carbon diesel fuel. if it's biodiesel, it's made through verification and that doesn't matter they actually both have similar very strong good qualities if you make them from used cooking oil, they're 85% lower carbon than ultra low sulfur diesel, in other words, petroleum diesel they both have better tail pipe emissions from criteria pol poll pollutants they can both be used in a conventional diesel engine without modification and they can both because of that decarbonize today and now. it's the fastest path in
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transportation to decarbonization and better than electric vehicles today because the e.v.s are waiting for the grid to decarbonize. compared to a passenger vehicle if it's on the u.s. average grid, biodiesel and renewable diesel are 65% more carbon and if you use the california grid even still, 42% lower carbon when you use biodiesel and renewable diesel. >> i listened to this and think why aren't all trucks using it why doesn't every ford f-150 diesel use it? can president biden do anything to make it so we all use it? >> well, i'll tell you it's happening faster than we think. it been a bit of a sleeper because the average person especially in the united states doesn't really relate to diesel much so there is a little bit more focus on some other choices. but renewable and biodiesel are growing rapidly and a great
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example of that is this last year a pandemic year when energy industry was hit really hard and demand really created a hole for example that dropped 75% in the second quarter gasoline dropped 50% and diesel came down by 20% renewable and biodiesel actually increased in demand by about 7% for the year and i think that is demonstrating the blend levels are coming up and demand is starting to rise as we're basically hitting this inflection point consumers are aware we need to decarbonize and made choices and the more they're aware what we can do with biodiesel and renewable diesel, the more the demand continues. >> we've had clean harbors they do safety clean and go around and collect these different oils how are you able to get them and is it something that actually scales even bigger
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i know you've got a big smart plan being built i want to know is there enough fuel >> such an important question. it really -- the answer starts with the history of this industry so 25 years ago, we basically started because it was being produced in a high quantity that the farmers couldn't get rid of it at the same rate they were selling the protein meal that soybean oil was grown for. that was the only feed we used about five years later, we realized hey we can process used cooking oil as well. we need to make modifications to clean it up but learned how to do that. five years later as we were growing, we added distiller's corn oil which is a waste product so this is just an example of how as we're growing, we're finding new and better sources of feed stock. we're very confident that we're going to continue to grow. there are additional new sources coming on both from collecting more used cooking oil in the
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u.s. we still have a little ways to go and international develop like cover crops that are actually helping al culture to enhance soil quality and capture more carbon in the soil and make more oil for us to create this low carbon solution. there is a lot more to come. >> have you been in contact with anyone in the biden, the new biden administration about this because this seems like a natural thing that our country could do. >> yeah, we're very excited and have gotten some really good interest we had some biden administration fellows visiting biodiesel plants so they are very aware. we do offer this rapid solution that is available today and while other interesting solutions are still in development and they will be important parts of the overall puzzle, we can help them decarbonize more rapidly by growing. it really important to remember
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we've enjoyed very strong by part isan support on the part o the congress and that's helped us grow as far as we've gotten there is a common recognition w add significant value to society from decarbonization and stronger rural economy more jobs. so we've been very pleased about that and with the biden administration focussing even more on decarbonization, we're ready to work together to accelerate. >> i'm glad to hear anything can unify people this is terrific and we can make money. they want to make money and do good c.j. warner, president and ceo of renewable energy group. great to meet you. >> thanks, jim, nice to meet you. this is an interesting story. got to keep going. i wish it was my radar screen when i was lerow but never too late to find good ones "mad money" is back after the break. ever
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. it is time, it is time for the lightning round. buy, buy, buy, sell, sell, sell and then the lightening round is over are you ready, ski daddy time for the likeghtning round. let's start with dillon. >> caller: boo-yah, this is dillon from arkansas i'm a high school economics teacher. lo long-term play >> we don't know they have a lot of contracts we can't break into but cybersecurity is good and
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dominic in michigan, dominic >> caller: boo-yah, jim. >> boo-yah >> caller: my first time on the show thanks for having me on. >> my pleasure >> caller: the stock i'm calling about is currently trading at spac a big player and i game sector a few big names are spotify, fortnight they are projected to turnover $900 million for 2021. jim, the company i'm calling in about today is ticker symbol bft. >> that's pay save that's going to be a terrific -- that one works what can i say i like fin tech. i feel like that every fin tech company has worked i like what you're talking about. let's go to matt in pennsylvania matt >> caller: yeah, what's going on i'm looking at rocket mortgage, rkc. >> everyone is asking why it
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stalled out. i got to tell you it is hard to understand the housing business is good and mortgage business is good my take is there has to be, let's just say, people want to be in a bank these days because the bank stocks have a big run or they want to be in a fin tech company and can't regard this as such even as i think it is i'm not sticking my neck out right now. i'd like to. that doesn't mean i like it or don't. i'm flat on the name let's go to mason in new york, mason? >> caller: boo-yah jim how are you? >> i'm good. how are you? >> caller: good. i'm calling about workhorse with such a play, is this a good buy? >> it's an exactive speculative play and there are a ton of them and i like others more than this it's fine. again, it's spac you get overwhelmed.
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christian in california, christian? >> caller: boo-yah, jim. thank you for answering my phone. >> boo-yah, absolutely. >> caller: hey, big fan. with the new administration being an advocate of alternative energy, what do you think about goev they have their drivable rolling chassis which directly incorporates battery modulars and two partnerships with two big automotive companies. >> we like this and profiled and thought it was very good again, understand i keep having to mention speculative because the group has gotten very frothing and i don't want anybody to lose money. that, ladies and gentlemen, is the conclusion of the lightning round. >>nnnc: aouerthe lightning round is sponsored by t.d. ameritrade that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit
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my biggest surprise last night, president trump didn't pardon joe exotic from "tiger king" on the way out ithought that guy had it in th bag. it would have made great tv. netflix, how did they get 200 million subscribers while generating so much cash they can afford to explore stock buybacks and paying to produce incredible entertainment. these numbers were shocking when you drill down there is no mystery here netflix makes phenomenal tv shows and motion pictures so
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people are willing to pay up for subscription most of us would probably pay a lot more than what we're currently being charged. it the greatest bargain in the world for entertain ment there is an incredible beacon pointing you in the right direction ceo reed hastings. i can't tell you how many times netflix was pronounced dead. remember when they lost the rights to "friends" and had to tap the public markets multiple times for capital. nobody likes that. the story came down to one simple issue do you believe in the ceo? do you believe in reed hastings? i've been a believer for years. it's hard not to like the guy but more importantly, he runs an incredibly tight ship. he's not alone in offering a product that's better than a competition and cheaper to boot. couldn't you say the same thing about tesla? it's a vision brought to you by elon musk.
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he wants to produce the best electric car and sell it at the lowest possible price. that's how tesla's market cap is able to grow past $800 billion and it's why conventional auto makers haven't been able to catch up with them no matter what they seem to do musk is counted more than any executive i can recall he was supposed to fold up shop a ga zillion times i've never seen a stock more hated. the smart money had total contempt for tesla and for musk. they didn't realize that making electric cars is really hard tesla somehow managed to make the best car on the road the car so good they don't even need to advertise. every car they sell is a new add. how about jeff bezos at amazon might be hard to believe but there was a time when amazon was so heavily shorted you were embarrassed toe eadmit you own h stock. very few people said i like
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amazon the endless loses in pursuit of endless expansion. the uncertain financing. the unsustainbly low price of amazon prime we heard it again and again but bezos didn't care. he just kept making a vision a reality and now his vision defines e commerce who would have ever thought who would the pandemic be like without amazon driving down prices and bringing things to your house it's incredible. w we owe him a great deal of debt for what he's done and apple under the leadership of steve jobs and successor tim cook. again, this is a deceptively simple story apple is a technology company that makes the best p.c.s and watches, the best phones i mean, can you really go without this i can't. this is the thing i have more than anything else in my life that changed my life
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their stuff isn't cheap but when you factor in the carrier's subcities, you are getting themless it sounds ridiculous but it's true the stock is written off repeatedly after the past 20 odd years. there is something pathological for eagerness to give up apple at the first sign of adversity hastings, musk, jobs, ceos that defied the vision to create the best prod duktucts and servicesn the world. at the end of the day, we don't give the companies their due or credit for flat out making better stuff than the come competition but sooner or later they get rewarded and they understood a simple preset and that's that the customer is always right and that's what really powers all four people and all four stocks with the late steve jobs, we miss you every day. i like to say there is always a
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bull market somewhere and i promise to find it just for you right here on "mad money." i'm jim cramer i'll see you tomorrow. the news with sheppard smith who did an unbelievable job in washington special inauguration coverage starts right now. the first official press briefing of the biden administration live from the white house moments from now i'm shepard smith. this is the news on cnbc >> congratulations, mr. president. >> america turns the page to the next chapter in our nation's history. >> democracy has prevailed. >> joe biden sworn in as the 46th president of the united states and wastes no time getting to work. top of the agenda, a deadly pandemic and economic crisis a nation divided we break dow
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