tv Fast Money CNBC May 11, 2021 5:00pm-6:00pm EDT
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something that you're watching to see where the mood is there >> the tells are tentative i said this morning amazon and semis if they bottom and rally shows there might be something behind this and they did but it didn't bring the nasdaq up with it i think it's nip and tuck. down 8% from the this morning's high >> we're out of time on "closing bell." "fast money" starts right now. i mean, melissa lee and this is "fast money." tonight's trader lineup guy adami, tim seymour, karen finerman and pete najarian tonight on fast we're following after-hours actions of ark. we'll bring you the headlines. palantir stock finished higher find out what drove this turn around later, it's trader's choice, breaking down three big movers on today's session we start with a fast money first, yes, a first, we're
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making history folks, we're just hours away from getting the one data point all of wall street is waiting for, that's right, we are counting down to the consumer price index tomorrow at 8:30 eastern many traders point to inflation fears as culprit behind recent sell off in high flying tech look at what's getting into tomorrow's print, nasdaq erasing a two percent drop at the open to end the day flat, this as yields edged higher. is today's tech turn around a head fake, guy, what do you make of all this? >> you heard mike talk about cpi is a watch pot type of thing i'm actually with him on that. unless it comes out extraordinarily hot which i don't think you will see i think you'll see this relief rally continue into tomorrow although i do think bond rates are going higher in the short-term tomorrow might be a complete head-fake in terms of where
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rates go 162.70 closed today on the ten-year, again, unless this is extraordinarily hot number i see rates dipping below 1.58 and tech continuing to rally like today. again, i think rates are headed higher on the back end of this year, i just don't know if it's tomorrow. >> yeah we're sort of making light of cpi being the end all, be all data point and hardly talk about c pi because it is one single data point, read on consumer prices, karen, the point is the market has been fid on the motion of inflation, sniffing out any sign of inflation whether commodity or labor and jolt this morning, certainly there's a concern about wage inflation, that's really been a driver here for the markets. >> yeah, so there's sort of two parts of the inflation discussion to talk about there's near-term inflation, which i really believe we will see. there's so many. anecdotal things and you can
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look at commodity id prices 20 to see where there's real inflation. second part, is the fed right in the idea inflation is trans torty because you have a pent up demand and supply and other things that could be temporary i actually believe we'll see inflation in the short-term and in the longer term that's how i'm set up. all that said though, you know, the stocks that had super high multiples they have come in a lot. not talking about the fans i'm talking about etf we talk about, coming in -- rallying three or four percent from the bottom maybe in the near term that's it inflation scare at the moment for that sector is done. >> you know, some might say, pete, that some of these, particularly the software stocks karen is talking about, they've come to a point they're buys
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look at fastly to pick one out of the hat, it's off 66% from its 52-week high at this point, does it look to you like a bargain what do you make of this bounce that we've seen today, at least, in some of these stocks. >> i think you could make an argument why that makes a lot of sense, mel, you look across the board, it's teladoc, docusign, fastly, all of these kind of really great rebound today when you look where they were on the lows to where they actually closed many of these names are up somewhere close to 10% or more off of those lows so it was an incredible move. i think at the same time, for me at least, when you have no pe, or a three or four-digit pe, i usually tend to stay away. i actually will dip my toe into couple of those names with the options but overall those are really toxic names because at any moment you could have these incredible pull backs and i think what we're seeing right now is what started back in
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november but this rotation, i still think we're in the midst of it and today was on the negative side because of the way the names traded in industrials and financials i still think that is in tech, i think it's an an om alley, we'll see over the --anamoly i think we'll see higher highs in materials and energy and the rest i do believe inflation is temporary. it's here and further out i think it's here. >> just quick, pete, give me me an example of a name you're toe is dipping. >> i will give you a great example. i'm in a stock celsius it's an energy drink and they have incredible growth but when you look at the numbers it's really 2u6, tough it's a- head scratcher, share stealing market share from
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monster and red bull, they're moving to the upside but look at the multiple what kind of multiple do they have? do they have a multiple? the reality is this is one of those kind of names but i'm a believer in this name because it's very early and i see the growth their getting. >> tim was the message of the market tomorrow. >> the message is that the market may be more concerned about inflation than the fed is. and so, remember, friday's payroll number was bad news was good news. stan this morning many a great interview and penned an ope ed in the wall street journal where he pointed out you should have zero confidence the fed will leave the party, they stayed way too long in the last couple parties. chasing 30 or 50 basis points of inflation to over shoot and create an asset bubble is not a trade off any of us should want. i don't think that sentiment is across the entire mark -- market
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you mentioned fastly, it was the first of the high-growth stocks to set the table, that's mid-october last year. i think the route that's gone on across that space is something that i think, higher inflation and then higher rates, i don't know which is bigger for equities, i think we want to see the ten-year 220 i don't think it's a big deal. higher inflation is something to watch out for. i think investors need to start focussing on credit. if things are ugly under the surface as market believes in last few weeks better check out the junk bond index and german bund things glued to our screens because the next thing to watch. >> glad you mentioned that "squawk box" interview this morning and in part he said he was doing with his portfolio since last summer is loading up on commodities, on the resource trade and long-dollar. >> yeah. >> really the inflation trade is where he's been for the past several months.
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>> yeah i push back on the long-dollar but i'm with him on the resources. obviously tim and pete have talked about it quite some time despite the fact the stocks have had extraordinary moves i still think there's room there maybe i'm in the minority but i think the dollar is back on the trajectory of getting torched in the back half of this year with a run up in the dollar index up to 94 and basically retraced the move i think dollar low yields higher be and i know what it means for the resource trade which is alive and well. >> let's bring in bank of america securities, great to have you with us. >> great to be here, melissa. >> is the market more concerned about inflation than the fed is that the right position to be in >> you know, i think the market is concerned about inflation, and i don't necessarily think this is just transransitory.
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i think what's worst than a long-term run of inflation is just the tightness of the market right now. you know, i think what's interesting is that you're seeing not only demand shocks from this reopening but you're seeing a short shortage of workers and gumming up the system from supply chain disruption -- you know, i think this microcosm doesn't just happen and then life goes on as usual. market participants not necessarily -- i think the market is starting to pay attention to the idea this inflation shock is actually pretty extreme i will give one example of some of the data we're looking at. if you look at the number of companies that have cited inflationary pressures be it labor or raw materials we've seen 800% increase year-over-year in the citations of inflation this is monstrous.
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we had to literally redraw the chart it is an asotonic line there's these type of anomlaous shocks heading to the market that don't get absorbed and that's what the marketplace reacting to. another aspect interesting is we get questions about valuation. so if you look at the valuations of financials today they're higher than a year ago, does it mean we should sell? what's remarkable to me is when i look at the average mutual fund and what their holding today versus a-year ago, they haven't really changed much. this is shocking to me how little reaction we've seen in positioning of the buy side of the long-only investment world in terms of where they're invested they're still positioned for a disingenuous
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-- inflatio . >> 8 million, 9 million jobs, seemingly employers can't get people in those job but they will if they raise pay, chimt s chipotle raising their minimum wage to $15 will the market raise -- is that the final piece of the puzzle wage inflation. >> absolutely this is why we down grade the sector a week and half ago, the idea that the companies most valuable player im companies most impacted by minimum wage inflation, services companies, and retail ers, that's where you're going to see the margin from pressure this is a typical mid-cycle market where you see upward pressure on rates, commodity id prices, on wages, i don't think it's doom and gloom for margins.
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in fact, i think a lot of the companies can absorb these costs over a longer period of time because demand will also be resurrected by this reopening. i do think that we as investors should avoid some of the stocks that have chronically seen margin pressure coming into wage infl inflationary environment i would avoid consumer stocks, the sales to ratio is lowest across all sectors one casualty of wage inflation. i think that's the final shoe to drop we seen it in commodities, copper, oil and starting to see it in wages. i guess the bigger question is are folks not working because they're collecting stimulus checks? will they come back online when they run out that's something to think about. i think the tightness in the labor market will be a bit
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painful for more labor-intensive companies. >> thanks for joining us, this is less quantitative which is your wheelhouse then qualitative but a shoot that's fallen is the sense from guidance that companies their business has come back. >> yeah. >> yesterday we listen to simon property saying they're 95% pre-covid rent collection which is extraordinary, even if malls are under pressure, what do you think as a look at the market and dynamics you watch every day in your dashboards, your canaries, are you worried about -- because i guess i'm worried about once companies tell you we're back to good, that's not good for stocks, that's bad for stocks. >> right right right right. it's all expectational it's a great question and a lot of measures show we are back to pre-covid levels we're tracking a very robust economic reopening so i think those are generally positive
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look, i'm super bullish on earnings growth this year, we're expecting of over 30% eps growth for 2021 this is a monstrous number, a huge recovery. we could clear pre-covid 2019 levels by the end of this year so i think this is all good for earnings but i don't think it will necessarily be good for s&p 500 writ large i think there's pockets of the market you want to be in i listened to your last segment and agree in materials, energy, cap ex beneficiaries, financials, those are the type of places we want to be in in this market environment but the interesting thing is nobody is there, there's chronic under weight in the average portfolio. those are the areas that still have a lot more juice and to your question about does it get bad when the second derivative changes and expectations are back to normal, potentially, which is why we're not so enthusiastic about stocks in the second half of the year. >> all right, great to get your
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perspective. thank you. from bank of america so that could happen in terms of expectational changes as the same time this trans torrey or not transitory environment happens, and at the same time in the fall, ceo jane frazier pointed out today in the economic club in chicago, in the fall when unemployment benefits and eviction moratoriums come off, this is a potent mix of things that could hurt the consume erp in the not-too-distant future, tim. >> yeah i think they could and again we've had a consumer with so much pent up demand and pent up savings but at some point you're going to get back to reality. i think while there is wage growth we're seeing it in selective industries, there's a lot of industries there's not a lot of pricing power so i agree financials is a great place to be hiding out at some point i'd bring it back
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to consumer credit issues, possible corporate credit issues and things we're just not talking about right now, but if it's this much pressure these will come forward. >> karen, in consumer discretionary and wage inflation, sales to wages is interesting way to look at it because it is low when looking at any retailer, you got all these people on the floor and how much in sales are they making per person. >> right well, that is a good point but i think you could kind of flip it around and look at it the other way, you have a lot of people who are -- who are working, who are now getting $15 an hour, who do some of that workforce tends to be spenders so they have more money to spend. also, i think retailers are getting a lot more efficient with their labor and certainly the shift to e-commerce for retailers is less labor intensive than having people on the floor.
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i think it cuts the other by potentially. >> interesting there coming up we're trading the turn around in palantir, that stock was down 6% but finished the day higher, first all about actions on ea, that call is under way right now. we'll bring you the trade when asmoy"etns lac post-pain show! aflac! what a day of upsets. ha ha. jill is certainly upset with that unexpected bill from her back surgery. aflac! let's see that one more time. ♪ ♪ (bleep) (wincing) oooh, right in the wallet! ouch! aflac! aflac would have paid jill cash directly to help with expenses health insurance doesn't cover. hold on, i think she's trying to give us a side-eye... because she can't turn her head! (laugh) get help with expenses health insurance doesn't cover. get to know us at aflac.com does your vitamin c last twenty-four hours? only nature's bounty does. new immune twenty-four hour plus has longer lasting vitamin c.
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welcome back to "fast money. we have earnings alert on ea, on the move after-hours, hey, josh. >> heading into this print ea was down 5% from recent 52-week high, up 20% in past 12 months q4 results, 26 cents, not comparable to estimates but adjusted revenue $1.49 billion versus expectationsations of $1.39 billion. q1 guidance $1.25 billion versus expectations $1.16 billion and for the year -- i checked in with eric who said q4 was good. booking guidance in line with
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expectation and will ultimately prove conservative on this one bottom line, investors received what expected, he said ea is a buy and is well positioned for growth in fiscal '22 in the call, ceo is saying ea is accelerating to expand sports franchises madden, nfl, biggest year over, growth of over 50%, and legends over 100 million players, strong growth in gaming in asia specifically, 20% growth in net bookings there. back to you. >> thanks josh lipton giext what do you make of ea? >> solid quarter better than the street was looking for. if you want to maybe you can knit pick on the guide this year's number, the fourth quarter, i don't think it's all that expense of. the problem is as our technicians will say, it's had
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trouble at 150 on three occasions last summer, february and now. a break out is above 150 i think you will see that break out. i think this quarter is good enough i think the stock goes higher. >> we're off after-hours with that knee jerk reaction lower, pete, what do you make of ea, or the game trade. >> i think this is a solid number, not earth-shattering by any stretch but when you look at the fundamentals it's and, cash flow $2 billion, great, expanding into the sports areas, that's great they got to break out. they've been stuck for a while year-to-date the stock's basically unchanged. you wonder what is the catalyst, i guess it would be that they've got to show they have more growth that what we're seeing. with 23 pe therabouts i think it's very, very fair and i got to take a longer look at this stock because i think longer term this could be a home run at some point. >> maybe the catalyst is they have to prove they still have
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growth even when people are out and about and not in front of their screens, tim. >> i think that's definitely where the jury is at i'm long the stock i love the valuation these are media companies, interactive and gaming companies, they should be treat and maybe seen that way from content perspective. i think the sport interactivity is a dynamic we're really just in the beginning of and where the leagues are going to be more involved as well apex legends, everybody thinks this is going to be a franchise that's no longer part of the core but it remains so so, yeah, the valuation is good. the precash flow is good i like the story i think there's great secular trails. >> we'll continue to watching as it is 10% up after-hours still ahead, shares of quantumscape moving lower as the call is under way, we'll see if they have anything new about the allegations of fraud and palantir, stock making major
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we had a responsibility to develop using our dleadership t develop the test for development and also vaccine phase if we are going to rely solely on vaccine, i think we've done an amazing job from the development to the r roll out but if we rely solely on it it's not as complete as you'd like. >> that's ceo robert ford watch
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the full interview on "mad money" 6:00 p.m. with jim cramer check out the about-face for palantir, reversing course after dropping to finish the day higher by more than 10%, announcing 49% revenue growth issue bullish guidance through 2025 and ceo considering adding bitcoin to its balance sheet, getting a lot of attention to retail traders palantir passed gamestop to become the most discussed name on wall street bets today. what do you make of the turn around guy adami who named palantir the p and the hope trade. >> it is the p and hope trade, i think didn't think it would go below 24 and traded at 17 today. scratching my head, wait, the growth is there, precash flow is there and by the way operating margins were ridiculously strong and i think the street woke up to that. this company, if they can ever
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get scaled down their offering for the mid-size businesses out there it will be a monster, i think they'll be able to do it the fact it traded close to 200 million shares more than two times normal volume is encouraging and i love the price action and think the stock continues to go higher. >> karen, what do you think? >> yeah, well, this is one of the few high-flyer, in terms of valuation, that i am long, even with today's rally, i might have brought around 24, so, i agree with guy, i thought it was a really good quarter. i was surprised how it put the woosh down was pretty strong i think the only weak spot -- not only, but a main weak spot, was international, which i think is a little further behind than we are i expect to see good growth there. the u.s. growth was fantastic. so i liked it. i chickened out. i didn't buy more. >> do you think it's just been getting hammered because it's in
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the cross hairs with the high valuation, karen, which you shorted. >> yes >> you shorted igv more broadly. >> right i covered some igv yesterday and today, yeah, it definitely falls in that group, for sure. >> let's bring in mike khouw, he spotted interesting action on palantir options today mike, what did you see >> guy was highlighting that it traded 200 million shares and also traded over 1 million options contract times multipler over 100 million shares traded calls did outpace puts some that caught my eye was on put side, we seen a lot of weekly puts trading including 19.5 and 18.5 trading. this was not wall street bets either a lot of these were larger blocks, couple thousand at a time on the buy side, it exceeded the open interest the stock was down around 17
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beginning of the day, those long the stock could look to hedge some gains they saw risking 33 cents to lock in the gains they got. >> yeah, pete you probably spotted this action too. >> yeah i totally agree with mike i view this more as these wherebiers that were hedging themselves against stock and maybe entering into stock positions to buy inexpensive puts to give you protection to the down side. i think it's a very smart trade. you never really know with puts obviously but it sure felt like that was a very smart hedge. >> yeah. tim what do you make of palantir action we saw today is this. >> guy made a point on the volume, certainly where sentiment was ichbl vinvestors needed to see the number on high expectation. the 49% percent growth, ability to broaden again, their fortune 500 audience is drawing as it is,
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the guidance there is extraordinary. this is part of reddit mania and i think that hurt the stock, it confused with stocks like gamestop that don't have fundamentals yes, valuation needs to make sense but i think it got to a place a lot of value investors are able to own this thing you look at the software space overall and at some point we're starting to see that. >> all right, mike khouw thank you, tune into full show friday at 5:30 eastern time. coming up, real disaster, plunging 20%, one hitting the buy button and one trader says this stock is ready for a big break outside. tus.on" e when "fast mey rern
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monitor, check and lock down you money with security from chase. control feels good. chase. make more of what's yours. y yous 6789 welcome back to "fast money" i wanted to correct what i said in a conversation short dollar short treasures. meantime if you're looking for the next big opportunity in the market you're
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in luck. we have a guest, fast pitch line up for you courtney dominguez, you're pitching an interesting one given the price of stock and record highs so what propels it higher >> there is interesting -- expected copper could get high as $6 by the end of the year with mines in three couldn't continents the it's one of the direct investments through s&p 500. the supply and demand constraints are only expected to get worse. supply worse we've seen but demand expected to increase and clean energy demand for copper is expected to increase five fold this decade there could be significant
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supply shortages in mid 2020's which will increase copper prices further and benefit free port clean energy is good play using free port and that said copper is a efficient sourc transmitting energy fo wind and solar add on top of that, electric vehicle use four times as much copper as traditional combustion engine, i think the copper wave will only continue and will be a beneficiary of freefor the look at the one-year chart trading close to 52-week highs but is trading at zount compared to s&p 500 and free cash flows are pretty healthy. >> what's the lever you're most concerned about. you mentioned the end use ers of copper if any soften, say housing market soften or market for ev soften which are you most concerned about.
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>> it's something to keep an eye on demand is not what we're expecting that's a risk here china is where you want to look they're 50% of global demand for copper, believe it or not, i don't think it's a major concern but if you're looking for something that's something to be watching for >> courtney, so, i'm curious, when you look at the balance sheet is that something you're looking at and just saying, wow, it's just too cheap because where it is trading on a pe level and the cash flow everything else is intriguing for you at this level? >> it is they didn't have free cash flow last year and now they did have it this year you look at forward pe's it is cheaper than the rest of the s&p 500. so i think you got to look at some of those fundamentals and it is a good value still. >> just curious courtney do you like a lot of the other resource stocks or freeport is that a stand out. >> very much i think inflation we talked
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about a lot on this show is very much here to stay. i do think it is something we need to hedge in our portfolio so materials in general is a good opportunity to take advantage of inflation kicking in freeport is a good example but not the only one by any means. >> it's time to vote are you buying courtney's pitch on freeport? guy adami? >> mel, are you able to read my smart board for me pleerksz -- please >> says preaching down arrow choir. >> she's preaching to the choir, spot on, well-done, despite the move i think it trades up to the '08 high which i believe was $58 or thereabouts. >> go to tim, what's your vote >> he's right. i'm also a buyer mel, if you could read my smart board but it says fcx equals fcf
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free of port is a cash flow machine, you don't need copper to go higher next year's multiple trades 4 times at its peak at $58 it traded the 7 times ebitda so i think there's more to go i don't see what changes fundamental story for copper supply demand dynamics yeah, i've liked this story for a long time. i continue to like it. >> pete, you mentioned this as well. >> i did, mel, i tell you what, courtney i thought did an absolutely job, she had me at hello, she had me at fcx this is a name i had a nice run in and i have seller's remorse. i've been in this name since november i got out of it last friday. i want to get back into it already so i likely will be into it maybe as early as tomorrow. >> karen, round it out, what's your vote.
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>> i'm gonna pass. i mean, i learned something new, which is great, how about how much copper goes into ev, i always like learning something new. however, when i look at the forward curve i feel like the copper, frenzy will maybe abate and even if the free cash flow is there, the sentiment around the stock as copper prices go down will go down so i will let that ball pass it might be a strike i'm not sure but good pitch i'm gonna pass and kudos to my three counterparts for all being long now or in the past i never was. >> well three out of four traders ain't bad, courtney, our thanks to you. the key here is whether or not you out there watching the show are buying freeport, vote on our twitter pole cnbc "fast money. we'll have the shows later we have another earnings alert quantumscape on the move after reporting results, numbers are
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i'm 53, but in my mind i'm still 35. that's why i take oste bi-flex to keep me moving the way i was made to, it nourishes and strengthens my joints for the long term. osteo bi-flex, plus vitamin d for immune support. ♪ welcome back to "fast money", we've got another earnings alert for you, quantumscape is on the move
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after-hours, phil has been listening on the call, what's the latest. >> this call is focussing on a lot of where the company is in its development of the cells, the next-generation solid-state battery cells that the company is putting together. the stock trading down lower after they reported a wider-than-expected loss of 20 cents per share. they spent $30 million versus $20 million in the fourth quarter. this is a company focused on hitting key milestones and they have hit a couple and expect to hit a couple more. here's a couple in the outlook, pre-pilot line for developing the next generation battery cells expected to enter next with $1.3 billion in cash. and they added a new milestone, commercially relevant prototypes for automakers next year those commercial cells they expect to have to their customers in the time frame of
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2024-25, and the creon the call talking about the fact that he's not going to be selling any of his stock. here's what he had to say. >> based on the ground-breaking results we have shown so far i'm optimistic about our ability to execute on this vision and achieve our goals. i'm committed to lock up any of my holdings until we deliver the prototype -- >> take a look at shares of quantumscape since april 15th. the reason we're showing you since april 15th because that's the day scorpion capital short seller put out a scathing report you had the people on a day or two later and in that report they called this a giant pump and dump scheme. and that made a lot of people think okay despite everyone at quantumscape saying that allegations is false, would the s.e.c. get involved?
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no mention of the s.e.c. either in the earnings report or on the conference call. again, this call is focussing on the milestones they hit this year and what's expected in the next couple year >> commercial cells to customers in 2024-25 time frame, does that mean they'd be manufacturing at scale by that point? >> they didn't say at scale but you can deduce if you're adv volkswagen, one of the primary customers of quantumscape you're going to want it at scale by 2024-25, you're not going to want a limited run whether or not they can make it to scale of production for the next generation cells the four layer and eight and ten layer cells, that remains to be seen but they're talking 2024-2025 for commercial production of these next-generation cells. >> phil thank you. >> you bet. >> quantumscape is now down 2% after-hours. guy, we did have scorpion on
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they had a 90-some odd page report on this thing it was at least the third short-seller report to come out in the ev-despac company space, which is interesting this is a sector that's been absolutely crushed of late >> yeah, well, listen, the comments out of the ceo are very encouraging saying he will not sell other than his tax requirements he's not going to sell stock, that's obviously encouraging. this is what i'll say, couple things, cowen initiated this $56 price target, will be fascinating to see if they backtrack on that, one number two, they filed for $13 million secondary priced only 10 million shares at 20% discount month and half ago from 48 where it closed down to $40 it's never sniffed that price again to me you got to sit with your popcorn in your hand and watch
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how it plays out because i'm not sure what happens but it will be fascinating. don't is this we'll see 40 soon but hard press to think they can push much lower from here. >> question is will we see it again. it's right now down more than 70% from 52-week high. i think of karen when i say this, should it ever have been that high? i think that's the question investors have at this point with the froth or enthusiasm whatever you call it coming out of this space. how do you value a pre-revenue, pre-profit company with an untested technology, karen, i don't know how you do it >> i don't know how you do it, especially for a technology that i don't understand that valuation, whatever -- that valuation, you -- it should never have been there, no question are we going to have a discussion three to six months from now it should never have been at 29 so it's filled with everything i couldn't possibly get
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comfortable with, on the flip side, i wouldn't short it either, because who knows. >> yep coming up, the traders choice. we're breaking down "fast money" trades on three monster movers in today's session plus it's not too late to vote son "fast money" vote on our twitter poll, results at the end of the show. as we head out, quick message from our cnbc reporter as we celebrate asian-american pacific-islander heritage month. >> i think being an outside gives you huge advantages, personably, being the only asian-american in the room you develop a bit of a chip on your shoulder, you want to out-work your competitors because that's within your control. that work ethic is rocket fuel for career success this is how you become the best!
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all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. welcome back to "fast money. three months movers in today's session we're calling trader's choice we'll lay out the moves. the traders will give trades
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roblox and real real. and 3d systems on earnings let's kick if off with roblox. >> books the up 160% year-over-year, i get the valuation thing but the stock had gotten whacked traded down to 64 and spent the day ratchketing higher, i love the produce action and traded normal times valu -- i'm not sure if it went at all or in the later rounds, i like it, stay with it. >> tim your pick on trades. >> is roblox would probably be in my portfolio. guy talked about the growth numbers and the size of the
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demographics, how valuable it is, gen z and it's important to understand the growth is there and engagement is something they can monetize. er i love the partnership in china. it's a global story. the meta verse yeah i'm into it. >> yeah karen, which stock's do you want to trade? >> okay. so, real real. i mean, you know i watch it all day you know, it was on sale, clearly, very much on sale, can't help myself. i had to buy some at the end of the day, take it home, see how it looks in my portfolio i think there's more growth to come i think this really is a reopen stock. there was reports that said the reopen growth is already priced in, i don't know if i'm getting that exactly correct, but i don't. i think we'll see people go to more fancy events and social events and they're going to want real real's product. it is a great name, their
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balance sheet is in great shape but they have cash, they have time, i don't love that the ceo left, it could be inoculatous, i would like to dig more on that i don't know i think it's interesting normally i wait three days if something misses but it was on sale, you know how it is, i might take it home and it might look terrible but i am long. i think it's interesting. >> 20% off always lures me in too. pete, trader's choice. which name do you want to trade. >> by what you just said i was thinking about tj maxx money coming off no i'm going with 3d systems the new can ceo has a complete focus on health care and industrials and beat on the top and bottom they're doing things the way we hoped they would i think the fact they're new and refocused sort of plan to go forward is really starting to
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work and i think we'll start to see that pay off into the future we already saw it today, because stock reaction and obviously there's a pretty large short interest, but the combination of those two really push this stock to the upside. >> all right, up next, you can still vote on courtney's fast pitch weigh in on our twitter handle at cnbc "faston." mey results after the break. back right after this. hey, guys! they have customized solutions to help our family's special needs... hey, graduation selfie! well done! and voya stays by our side, keeping us on track for retirement... ...giving us confidence in our future... ...and in kevin's. you ready for your first day on the job? i was born ready. go get 'em, kev. well planned. well invested. well protected. voya. be confident to and through retirement. ♪ i wish that i knew what i know now ♪ ♪ when i was younger ♪ you need a financial plan that fits
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welcome back to "fast money. time to reveal whether you at home are buying courtney domi dominguez' "fast money", yes, she knocked it out of the park, 63% of america says freeport is a guy. time for the final trade, let's go around the horn, tim? >> bhp resources trade in commodity goes higher this is the leader of the pack. >> karen finerman. >> yeah we talked about real, i don't make many trades in a day, this is my final trade. >> pete najarian >> i'm going to give you u, unity software, they crushed it, i think it's going a lot higher. >> guy adami
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>> tremendous power pitch for the first time out, right, mel, don't you love the power pitch. >> absolutely. >> one of the best segments. >> "fast money", yes. >> i like the way mastercard traded today off its all-time high, traded well, ma. >> all right, thanks for watching "fast money." see you back here tomorrow at 5:00 n'go 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 trying to make you money. my job is not just to entertain but to teach, put it in context, educate, call me at 1-800-743-cnbc or tweet m me @jimcramer. you know what we want? a normal stock mar
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