tv Fast Money CNBC June 2, 2021 5:00pm-6:00pm EDT
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that's part of it, but the name liken rallying off the lows seems people are suspect of this bounce as being durable so they came under pressure for sure. >> we barely talked tesla because of the 754 million share that's exchanged hands of amc today. unbelievable not even a tweet in elon musk. that does it for us for "closing bell." "fast money" begins right now. life in the nasdaq market over looking new york city's time square this is "fast money" i'm melissa lee tonight's trader lineup tim seymour, steve grasso, guy adami, tonight on fast lights, camera, rally. amc shares what we saw nothing short of incredible. mike khouw said he never seen anything like it he will break down the blockbuster activity plus watching shares in fireeye after hours announcing $1.2 billion deal to sell it's
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product business, we'll hear from their ceo in moments. and later, james will take the announced pitch his next-best idea why he thinks this consumer stock is ready to deliver beautiful returns, we'll bring you that name. we start off with america under a hack, the latest victim, the steam ship authority of massachusetts, the service ferries people to cape cod and nantucket this attack came hours after learning of the russian group behind the can attack that shut down avs meat packing company, weeks after the pipeline crippled fuel delivery along the united states. so our food supply, energy supply and transportation network have all been hit within a matter of weeks, so what is going on here and what's being done to stop this next big hack? let's kick-off it off with a-symptomati eamon javers >> it's a wave
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of attacks it's fuel, food, all of the things we need to build our society, a lot of it is come from russia, the key is to what extent could we see vladimir putin involved in the transactions is he allowing criminal hacking games in russia to do their thing or is he orchestrating this as a show of strength against the united states, there's dispute on that in security communities but the consensus seems to be he's tolerating this criminal activity because the enemy of mien themmy -- my enemy is my friend kind of thing latest with the meat hack at rbs is in fact they were able to get most of the plant activity up and running today. they said they would be up and running. that seems to be the case today. we'll wait for more details from the federal government on how
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much production happened today but it seems to be something we're moving past at this point. clearly, melissa, there's a lot here to think about. just about every industry is vulnerable >> what's interesting, eamon, these were disparate attacks if they happened in concert it would have a completely different effect, do you think officials of thinking about it in those terms, a simultaneous attack on food, transportation and energy supply it would get a lot more attention than these disparity separate attacks. >> i guarantee you people in high position of power in washington are thinking of the strategic yic implication of ths in case of the pipeline if you give us the digital we'll unli it, what if there wasn't a digital key, how long would it take to unlock that system it could be a real problem for the united states. do that times all of the energy
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grid, the food supply, the transportation networks in this of intelligence how to do thatot with these ransome wear attacks. >> sounds like it could be cover to stage an attack on the united states that could be considered by some as an act of war under certain circumstances. >> absolutely. there's no question about it and that is one of the schools of thought in washington right now. >> right. >> that this is being used as sort of a proof of concept of how you would do that. u can test little bits and pieces of it ayou go along activitye cover of this criminal but officially what the u.s. government says is that they don't believe at the putin government has a hand in this. they believe this is putin simply tolerating criminal activity presumably there's corruption involved as well and though criminals are kicking back to
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potentially some of the officials inside the putin government as well it is creating an enormous amount of activity in russian there's consequent cyber activity in e united states in terms of the ybusiness of cybersecurity itself, fireeye announcing it is going to sell big piece of its business, it's onof the mosfamous cybersecurity company and are selling $1.2 billion piece o the company, it's products, business and name, an all cash sale symphony technology group, expected to close in the fourth company, the remaining company will be known as mandiant d talked to kevin mandian t the ceo and asked why he is selling, why now, the answer seems to be he wants to unlock some of the high-growth pieces of the company. >> fireeye products with over $500 million in revenues, and
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mandiant over 4$400 million in revenues, we wanted to show mandiant were coming the majority of bookings, billings, wh we report on and the majority of our growth. >> kevin manant and fireeye were the company that spotted the initial solar wind hack d got a lot of press in the last six months they're prominent in washington as their political thiing, as a thought leader on that, so i asked mandiant where is all this going because we're seeing a wave of hacking attacks aimed at every single sector andwhat's the ultimate solution, here's what he said. >> right now there's a nation that is allowing folks to hack united states companies from 10,000 miles away with impunity, there's no risks or repercussions we're all playing goalie and t puck is flying at us fromevery single direction so somethingoes have to get done
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>> so melissa, what mandiant is saying here is that ultimately this puts a lot of pressure on this upcoming putin-biden summit in geneva in two weeks that's where they will have to sit aye ball to eyeball and iron out rules of the road in terms of what is acceptable, what's not, espionage, stealing information from countries, no one likes it, crippling industries is there a way for biden to get that back on track, we'll find out in geneva in a short time. >> eamon, thk you. so many ways to tradthis, you had the deal announced at 4: this afternoon, interesting because firefly fun houseeey fireeye -- -- grasso, why would you go on trade? >> beyond meat that's what is up today, if you think ofhe strongest thing go
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with what worked why have the cybersecurity stocks not worked in six months. they all rallied and can't again, why >> i thought it was rhetorical. >> i was wondering if it is rhetorical because i don't know, i'm just the host. >> it was rhetorical to you, but i thought tim would jump and answer it. >> i'll help you i don't know if i have the answer other than i like crowdstrike, the like the last numbers about 74.5% arr growth -- they got a pipeline, they got a backlog, i hate that it trades at 35 times ev to rev on 23, and again, crowdstrike nortof $1 billion in revenues at a time you look at the enterprise there are those who think we're flying as blind as we did in the late 90's when people aren't using an virus or what not, i think the stocks are expensive, i think these stocks areoing higher, you're absolutely right it's six months
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of dead money. >> $1 billion in revenues and $50 billion in market cap and was at $242 in february. >> meanwhile we've had solar winds and colonial and these events, they've really done nothing. >> guy i will go to you, why is this group going nowhere. >> they answered the question, it's valuation and dan nathan talked about this, that's clearly what's going on, they're high-valuation stocks from any metric you look at i get it, in mid-april they topped off, all of them back, palo alto, z-scaler back to the april highs, and seemingly are failing. i think there's a much bigger picture that eamon just laid out. i don't want to get political but toling out the boats to than
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tuc nantucket is nice and quaint, i'm sure bk is upset about it, think about if it went to the bank or exchanges. these are just test balloons in my opinion for much bigger things down the road i do think although these stocks are expenexpensive, not caught the broader market, i think you want to be in them, fireeye will be a different company but zscaler despite how it makes sense so does palo alto networks. >> by the way, either scenario in the criminal group were responsible for these attacks or the russian government, either is not good. it's either a country, nation state going after our basic infrastructure or it's criminal group which could be selling whatever tools to another nation state or criminal group out there. james i want to get you in the coersation where would you gonot trade? >> i go with mcavy -- a name
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with a lot of experience on the consumer side, pc's are going to need to be protected democracy of couple hundred years taken for granted security and has come in many forms i this current digital age i think there's a lot of risk on mobile phones and pc and that translat to mcafee as a stocolder, the risk to industry and national security threat is a real problem but a stock like mcafee up 50% this year to date coared to the other names, as people become more conscious of risk that stk will benefit. >> we're going to the end of the road in terms of what these hacks could result in, let's just -- if we pull it back, i mean, we're at a state where raw materials are in short materials, that there are chip shortages right now, if we had one of these attacks could
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really throw a wnkle into this recovery. >> again if we go to thebs dynamics we know what it eventually meant to meat supply. 28% of beef. and 25% of pork. public y're not getting your rotissiere chicken it's not happening. going back to whether this is an enemy state or an independent group, some of that in russia you see it over and over, chaos is created and the kremlin isn't necessarily n doresing it -- endorsing it but certainly not putting an end it to it and it's a force that believes they're loyal to the kremlin whether the kremlin asked for them to do this or not. and i'll save it for another political show but the point is i don't think this will end and currying political favor that might benefit russia is something that happens in many sectors we see over and over. >> we're talking about inflation
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because of tight supply in general, what happened to oil? during the colonial pipeline hack what has happened to the price of beef at the supermarket, right, exactly, up so what happens here if a criminal group really wanted to wreak havoc on the economy and the recovery and then in turn on the stock market this could be the ticket i mean, it makes perfect sense how do you want to devastate an economy do things like this, without question and again, we talk about it all the time new fed chairman or chair people are going to be tested by the market, guess what, new presidents are going to be tested by the market and other forces as well, that's what we're in the midst of now. by the way, all of the companies that will have to invest or reinvest in cybersecurity, they have to spend that money, guess who that gets passed to, the consumer you're 100% right. we could have the inflation conversation all day long and mohammad on the network earlier
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today voiced the same concerns a lot of other people have voiced. i think it is not going away soon and tim made the point, i think it gets worst before it gets abouteter. >> i think the big worse before it gets better. >> i think the bigger issue is what if you go online to your bank and the money's not there that's the bigger issue. it's not about meat prices for me, it's about where's my money, everything's online, all of a sudden it says zero. who going to back it up? yes there's fdic, but what are you really ensured for, that's the bigger crisifor me >> you're insured for $250,000 per account. >> so there's a lot more money in the system than $250,000, right. so there's a lot of people -- if you don't save your paper statements, and this is something that happened the last time the grid went out, my banker said save your paper statements so not to get too anecdotal, but
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what are you supposed to do? >> right the possibilities really are endless. we seen in new york city a black out in the past. >> yep. >> we seen it. just by equipment failures nothing il. >> i was gonna say, the grid has enough fawwazj on its ow enough flaw s on it's own. >> right. matrix as if it is bridges to ty the city you can see the ports where there are weaknesses and vulnerabilitie if we can see the sophistication of these attacks, if you think of the solar winds attack, very, very sophisticated on our goverent. >> yeah. coming up oil pumping higher, crude hitting the highest level since 2018, fueling the 7% gain from one oil etf that we just talked about yesterday we'll drill down on that trade just ahead amc keeps cranking higher. we'll talk about the options
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we're invested in making our apps easy... ...to give you personalized assistance around the clock. and we're committed to keeping our team and customers safe by working from home... ...and using precautions in store. see what we're up to at xfinity.com/commitment welcome back to "fast money. check out the move in the oil market today, services et f oih,
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soaring to more than 7% highest level in over a year, this coming as crude prices hit their highest level since 2018 guy, we taed about this yesterday, tom lee of fun strategy, diamond hands lee said this is the one you want to hodle. >> no doubt about it and tim's been talking about this for quite some time. he wasn't early and wrong, he was early and right. halliburton will trade back to the january high, i think it was 39 slumber j excuse me. halliburton is almost through the names we saw in 2020 and lever names like pf x closing at $90 is off to the races. i don't think this is done any time soon. we agree with tom lee yesterday and a few weeks back and tim's been pointing it out for some time. >> james, the question on twitter, oih, big move, is too
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late to get in, pl implying it's seen its move what do you think? >> i think demand will continue to go up we just eclipse the march levels, very volatile in the space, traders were here looking at uso unthinkable -- this is a recovery play, i think the demand curve would imply that this continues. this is something obviously we're never going to not need. these etf's provide easy access to retailers and people will be looking for the bull market, after the bull market, transitioning to a bear market, so i think this continues. >> yea the et f is the way to play it that's why people go after etf. to me this company is an efficient player
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the structural decline in profitability and down grade cycle of the analyst community is badly lagging and i actually think they're so far behind often on this dmam i -- why not be in best of breed. >> wasn't long ago we talked about oil stocks very under owned and. analysts dropping seors because of lack of waiting on e s&p it's still small but it's growing at this point. >> not only it's still small b esg investing was hanging over the entire space and did nothing, now slumber j definitely best of breed up 60% year-to-date 20% of the oih, which is up 45% year-to-da it's a way of hedging yourisk. >> in what way >> you don't have to attach yourself to one name you get a basket of stocks,
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don't have to worry about buying slb and being attaches in case people say slb is over valued. oih is never going to be over valued in the next year or so. >> the comment about missing this trade, if you think about where oil services and oil stocks are relative to the price of crude, i realize it's not linear relationship about how about pre-covid and where oil demand is not where it is with supply disruption. this is where the market has been totally wrong and inefficient in terms where they're pricing the stocks relative to where they were pre-covid. >> coming up shares of amc nearly doubling today. you won't believe what we saw on the options, straight ahead. and nvidia hitting all-time high after bullish call from bank of america, what's in store for this semi stock? don't go anywhere, "fast money" is back in two
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welcome back to "fast money. another monster day for amc, the eater chain stock nearly doublingoday our next guest saw some interesting moves and how amc debt is trading, let bring in ceo of bond crisp great to see. >> great to see you too, and great to be back. >> is the bond market jiving with what the stock maet is telling us about the prospects of this company? because if you just look at the stock, it looks like everything is coming up roses for amc >> the perspective on whether to invest in stocks or bond will be different in what market you're in, what we're seeing in the bodnar the equity market bled over into the bond market the most actively tradedond for amc traded three times the
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average daily volume over the previo month so there was a lot of trading activity i think the correlation between the movement in the stock and the movement of the bond happened a lot earlier in the-year. >> would you say it was predictive i'm assuming you are saying that the bonds traded up, closer to par, and that preceded this huge run in amc shares. do you think that was prictive and do you think bonds could be used to predict where the stock will go next >> it really depends on the details of the covenance of the different bonds, earlier this year you had a major event happen with amc directly related between stocks and bonds, the amc rally that occurred in late january allowed amc to convert a debt deal into equity, that was a deal they had done with silver lake, that took $600 million off of their balance sheet in terms of debt and made them a much healthier company. that's where you saw the rally in stocks and rally if bonds occurring together most actively traded bond for
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amc right now is their five-year bond what we're seeing is the lift-up in value that occurred in the beginning of the year, the bond went from 25 cents on the dollar to about 70 cents on the dollar when we get into february and march, we saw a really big rally and what we've seen in the past month is we've seen the bond trade 90 cents to the dollar and today trading close to par it's really preceding the action happening in the equity market if you're just going to compare the magnitude of the moves in the equity market compared to the bond mart. >> hey, chris, it's tim. thks for joining us, this is fascinating stuff, because again this is not about reddit rebellion you're talking about balance sheet repair there's a dynamic of fake it until u make it, you can all interpret that, what can you compare this to? other scarios? are there other kwps you companies where you feel like we've seen this independent of what that company did. but where a broken company was
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able to transform itself because they were able to either again covenance would be converted from debt to equity or they were able to raise equity to a int. i brought up tesla yesteay and i think it's fair a company that clearly had issues on the balance sheet blew them away, no such thing, no such talk with tesla any more >> i think actually what you are -- the example you're looking for is all around you, we're seeing a high-yield market rally massively in 2021. what that has allowed people to do, we can say fake it until you make it, certainly appropriate here because what it basically does is allows a lot of companies that are struggling either because of covid-19 or whatever is going on with their particularindustry it allows them to issue more debt at much cheaper levels at amc you're seeing bonds hold steady at 95 to $98-dollar price range. i'm at amc i'm thinking can we maybe issue some bonds here
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which would then create a rally to current wonneds in the market depending how people perceive the fundamentals with more cash on their balance sheet >> let me get it straight, you said that the ceo of amc should issue more debt. >> i think for anyone -- any company that is in this sort of cycle where their business has been badly damaged by covid-19, i think that the fed absolutely by design has been keeping interest rates low and directly buying corporate debt so that companies can issue more debt and hopefully borrow their way out of this, you know, the obstacles that they've been facing over the past 15 months i think the issue at hand is how are these companies applying these newly-found cash to their longer-perm prospects, that's where bond investors will look at the decisions being made as something they would like to hold the paper or you will see
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them dumping it. depends how the company uses the cash going forward it's like a credit card you have to use it responsibly. >> chris, thanks for joining us. >> thank you. >> so, james mcdonald, i'll put it to you, i've tried to put it with the traders who have been with us talking about amc. amc has dramatically changed its capital structure. it is a different company from what it was a few months ago does that make it more attractive in your iew >> wow, it's a great question. it really depends on your investment risk tolerance. this is a stock that's going to get pushed around, going to get bullied around, the run up has been extraordinary what happened today is something that doesn't happen often. the balance sheet is a story for management it's a story for shareholders and bondholders long-term. in terms of stock market investment it's a tricky area because there's so much risk surrounding it and it's volatility
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i would say amc could be an exa examineple -- example for those looking for support. it's done well for its shareholders it's been an eye-popping day and an extraordinary stormy in 2021 and extraordinary investment since the pandemic hit. >> grasso would you agree with tim in early its -- terms of the tesla example. what's similar for tesla was the debt on balance sheet. >> yeah balance sheet. >> right and that went away largely. >> tesla had a business strategy where they had future growth i mind you have to believe in the movie theater business i agree they shoulbe raising a ton of money and then shou go out and start creating content and then start trying to become a netflix because the movie theater businesss not going to exist. >> uh-huh. >> unless you're imax. imax is an experience.
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people want an experience in movie theater, they don't want to go to a theater any more. >> what's the size of that market. >> no, i know. >> you're right -- >> how many people want to go to a movie today. >> you can buy up beat up movie houses and make them experiences, make them different, better than they are, what's the size of that addressable market, streaming is going home, i mean, this is wh people are doing. >> that's the point. tesla had a future so they cld raise money, they only had a balance sheet issue, they needed a bridge right and that's the w amc was, they had get to the other side, we're on the other side and they're sitting on a pile of cash. >> one interesting thing he said, he referred to the fed how they've kind of been in the game to allow this to happen with a lot of companies. >> absolutely. >> how about the fed allowing this to happen for the u.s. governme how about monetizing our deficit? if you think about it this is a microcosm for what's going on right now with fed policy
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>> let's get more on amc and the action there something stunning happened in the options market mike khouw in fact said it is one of the biggest days he has ever seen in a single option mike, why don't you run us through what you saw >> yeah, so amc has up until today already been a very active single-stock option, trading over 900,000 contracts a day on average today it surpassed that five fold trading more than 4.6 million contracts. to put that in peri perspecve te entire u.s. options market traded 42.5 million contracts. that means amc options represented nearly1% of all of the options traded on a contract basis today. which i think is pretty remarkable also remarkable was the cost of these options. just to put it in perspective, the july athe money, 65 strike straddle cost about $65 at one pointoday. that meant if you sold that straddle you would make money as
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long as the stock was below $130 the most active single stock option in it today was weey 73 strike call. about 230,000 of those traded. the average price was $8.30 those expire just two days away, that means there's $200 million in premium betting that the stock could rise another 30% by the end of the week. and as you point out, i mean, this is, you know, every time we see something like this we say it's extraordinary, it's unparalleled, there's been other stocks with exceptional options volus but this is certainly a stand out in the years that i've been in the business and i've been watching it since the late 1990's. >> let's underscore this, 11% of the total options activity in the u.s. market was amc today alone. guy, you know what's interesting is chris white had said if they issue more debt the bonds would rally to spur another rally in stocks.
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yesterday they issued shares to mudrick, amc made money, mudrick made money, options market is making money, everyone who touches this thing somehow makes money. it almost seems like alchemy, i say itrhetorically because thi is a fascinating case. >> you go back to the invisible hand, adam smithall that stuff. -- just to throw in one more -- all of the stock did is basically go from the upper left to the lower right. so the demise of this industry was long before anybody heard the word covid what's changed in terms of the business model so i mean, the stock is what it
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is, that's fantastic, and you know what, i hope people do make a lot of money on the back of this my certain is, and tim spoke about this before, at some point more people wind up losing than miking i don't know where we are in that cycle but that will inevitably happen >> on the day of this monster rally with amc and options market, goldman sachs down grades imax to sells mike khouw for option actions tune in to the full show on friday 5:30 eastern time coming up, analysts pump the target on this name. we dig into the call on a few. and jim's taking the mound to take his pitch, saying this next stop is a home run investment. we'll bring you the name when we'll bring you the name when "fast money" returns t-of-its-ki, personalized education center.
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us a potential way to do both, it's a uniqucompany that creates a unique category, a fast, affordable, non-evasive skin care treatment appealing to men, womenyoung and old, all around the world, millenials, gen z, this is the same group that flocked to peloton and lulu lemon these folks want to be fit and hard body and look good with glowing skin, this is a way to piggy back on covid trends w saw from those names for 30 minutes the machine painlessly cleanses yourace and sucking ouyour pores, hide gr high drading your skin it's ineve acive skin care products are coming back online coming back to work people will take advantagecoming in at 52% pre-pandemic growth -- they're going to grow significantly higher
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q1 margin increase to 66%. q1 income $2.4 million positive versus operating last last year ebitda adjust $7 million compared to $2 million loss last year this equipment is offered in the four seasons, mandarin, oriental, all high-end spas but is accessible to wide range of consumers, demand is comg back with 30% ebitda grth and the ceo was head of surgical for bauch and lom. thers skin correction and this is an inexpensive, effective treatmen vanity is never going away, i think the stock will go higher >> interesting pick. and has that ic k factor when you said sucks out the black heads. evyone twinges anyone with questions for james. >> i do. no question there's a technology
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factor addition to the tailwind to a segment in beauty and health that i thinthere's a lot going on, i'm struggling with a company that's not making money, can you talk about the profile on the valuation. >> the valuation is cheap here we look at price to sell going forward it's less than $10 othecompanies in the space have between 12 and 15 pys -- price so sells before covid this was on fire and i think it will continue to grow 17,000 delivery systems in 87 country. s. 70% of revenue from america but extreme growthn japan and china and that profitability you're looking for will come online quickly it 4 is a trending this is trending issue, people always want to look good, remember suzanne suppl summers machine, i think this is a popular play, and people want
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to pick up look good >> i think it was a thigh master no more questions. time to vote are you buying james' pitch on beauty health ticker skin, guy adami what do you say? >> mel, can you read my smart board. >> let me see, bets on brent. >> bet on brent. now, you say, what the hell are you talking about? well, brent saunders got his hand in this sucker and got to tell you something, his history, he's the orric gold finger of this space, allergen, baush and lomb if he's involved i want to be involved. good job james >> t seymour. >> i thought it's a fascinating sector, no one likes to exfoliate more than i do, i hate the 48% move in the stock it masks a valuation that's a little bit tough but compelling pitch. >> steve grasso? >> so i had a blackboard
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malfunction. >> you're literally writing on paper. [ overlapping speakers ] >> the magic marker won't work so i am, i do have a probst with the i do have a problem with the valuation, i don't think it's time to buy the stocks with high multiple, and no money, the problem is when i look at the chart it's done nothing but go straight up, so i am willing to give it the benefit of the doubt, that's one heck of a pitch, pimple popping and all, goto take off the mask one da >> yeah it's been too long you can vote on our twitter vote if you're buying james' pitc up next, nvidia with a big me ov in today's session, we got that when "fast money" returns.
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- [announcer] if you've tried college but never finished, snhu let's you transfer up to 90 credits toward your bachelor's degree. - [woman] it doesn't matter how old you are, you can do it. you can finish. - [announcer] finish your degree at snhu.edu. welcome ck to "fast money", check out nvidia jumpi out to a all-time high after bank of america boosted the price to the chip makefrom 750 to 700 and boosttrong time growth in latest nvidia earnings report guy, did you like this move?
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>> yeah, i did this is another we talk about for a while. we talkin about preearnings, that 750 price target you are seeing a lot of analysts raise the price target on the back of earnings, i think you will start to see it go north of 800 it made an all-time rally today and b-lines to 750 from here. >> yeah, tim >> this is a high-multiple ocks that deserves it. and i think where they are located, again, gaming was up 106%, we knew about their gaming business two years ago and still growing at these levels, 49% of their total. drawing bells and whistles, on stocks that is not areason to pick a stock, just based on what's going on with gamestop and amc i think it's an nvidia case, this company is a dominant, dominant player and now obviously integrating through acquisition and i ink they can do more.
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>> james, what do you say to people concerned about the valuation of this one? >> i point to the growth in renue, i point to the growth in market share, and i point to the growth in trends, in those areas, in crypto and gaming those areas will continue to expand and nvidia has an envious space competing in this space and the price targets will continue to get raised as long as we stale bullish in the overall market this stock continues its trajtory. >> steve >> yeah it's a problem for me, if rates don't balloon than you're okay i've been calling it just the sweespot so they're not going too high. they're not fading too low so i think it's the sweet spot, it could work. bells and whistles of a stock split actually work with the retail population, i would be a buyer of nvidia though i don't like tech. >> coming up,
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which name to hone in on, and still time to cast your vote on our twitter poll at cnbc "fast money. "fast money" back in two no dad, it's a video call. you got to move the phone in front of you like..like it's a mirror, dad. you know? alright, okay. how's that? is that how you hold a mirror? [ding] power e*trade gives you an award-winning mobile app with powerful, easy-to-use tools and interactive charts to give you an edge, 24/7 support when you need it the most and $0 commissions for online u.s. listed stocks. don't get mad. get e*trade and start trading today. how do plastic bottles turn into this? wm and repreve he given new life to over 20 billion plastic bottles. and we're just getting stted. see how recycling is one of the many ways wm is always working for a sustainable tomorrow
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hour on "the edge" the promise, the profits and problems of the great reopening of america, on tap tonight at 6:00 p.m. eastern right here on cnbc check out these five names on deck to report tomorrow, time for our trader's choice, guy, which are you watching? >> docusign, valuation is ridiculous, will probably trade 100 times next year's numbers. you have earnings growth, this is one of those secular trends that's not going away soon i understand the concern about valuation. i'm fascinated to see how it reacts post-earnings, i think docusign is worth a look here. >> yeah, james >> i like crowdstrike. this is a company that's been on fire throughout the pandemic and coming out of the pandemic with a good business plan, solid management team and growing market >> grasso? >> lulu lemon, people are putting ands back on to walk around the office, so much
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competition, declining trend lines, interesting to see what they actually print. >> steveo you put pants on one at a time. >> not today. >> people actually -- -- >> carter uld come on the show and talk about his abc's, i was going to mention lulu too, i think the consistency of the brand is more an just i covid fenway phemenon, they're expected to do north of 68% growthevenue, the valuation doesn't make a lot of sense, i think they'll trade to the upside, the stock's been trading side ways looking for wayso break higher. >> james do you think this suffers from the pandemic being over >> no because of it's cult following, people reallyove the brand and are going to extend t brand, i think the brand will adapt to life as normal and connue to take advantage of that cult following. >> yeah. and guy, in terms of lulu -- i
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feel like -- >> you never buy lulu, right, guy. >> he might be wearing it right now, you never know. >> yeah don't let him -- he's fit, he's trim, i mean, he's happening. >> doesn't like mfort, right, guy? >> no i don't. i'm not about comfor i do have the boxer briefs but i'm curious as to whtim mentioned the always be closing format of joe curran, what a's do you talk of with these lulu lemons. >> that's what the pants are called, abc's. >> it's a particular kind of comfort, we can leave it there. >> for men we'll watch all of the earnings report tomorrow on fast. up next we'll reveal the twitter poll resultsou y have two more minutes to vote so go vote on twitter. "fast money" right after this. innovating, sourcing organic ingredients,bright after thi. this kright after this right after this fermenting? yeah like kombucha or yogurt.
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to the most businesses and advanced cybersecurity to protect every device on it— 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", time to find out if the audience is buying james' fast pitch on beauty health ticker skin while it was a beautiful pitch the twitterverse was not buying it 63% said no. only 37% said yes, james >> well that's fine. >> it was a good pitch anyway.
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skin time for the final trade, let's go around the horn james? >> i want to congratulate my baby girl graduating from high school as president valedictorian, daddy loves you, congratulations. i'm still in for skin. >> go crimson. guy adami what do you say? >> i say go crimn as well i'm all about that i also say o and hope trade very quietly, all-time today, oracle. >> t >> interesting on a day we're talking about cyber attacks, palantir had one of its bigges you're seeing some aping going on in amc land, i think you have a little bit going on for this name above level, palantir. >> meme stock phenomenon, palantir steve grasso >> this was a spac stock, stem inc. it was in a declining trend line it's actually broken above that
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trend line now it's the only artificial intelligence bat rstorage play in the market right now. it's breaking out in the sweet spot for a lot of things market wide. >> all right thank you all for watching "fast money. see you tomorrow at 5:00 at the nasdaq market site on the edge starts right now i'm scott wapner and this is a special edition of "on the end" on cnbc hacking america. your beer, your beef, your gas and now, your vacation is under attack how have these cyber invaders disrupted our way of life? >> every day there say hand full of these hitting vital supply chains. >> mission accomplished or still mission critical. >> we have highly effective vaccines we have restrictions being lied, a recipe for a strong
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