live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. guy adami, karen finerman, and intel, snap, and twitter intel and snap just kicking off and we are dialled in and ready to break down the big headlines. didi falling another 10% and the leading headline out of china that had investors slamming the brakes and later, gushing with opportunity. one top technician says it is time to hit the buy button on

big oil and the two names he is hitting. we start with a pair of social climbers snap's call just getting under way and let's go straight to julia boorstin who has all of the details. julia? >> melissa, let's stat out with twitter with 74% growth and revenue and earnings per share more than double what analysts estimated and the user growth of 7 million was right in line with those expectations, but the company guided to higher revenue than projected and our range between 1.2 billion and 1.3 billion also saying that it expects head count along with total costs and expenses to grow 30% or more and that revenue will grow faster than those expenses >> i spoke to ned segal and he told me that twitter grew and in the coming quarter, he will have more features and geographies

and business profiles which launched in april will start to be able to sell things starting in the next few quarters i asked him about the impact of apple limiting its ability to target adds and it is modest and too soon to say how it plays out over time and that they're happy so far >> meanwhile, snap's call just got under way and that stock up 14% and almost 15% after beating estimates across the board not only did snap report a ten cent per share gain versus the loss anticipated, but it also added 3 million more daily active users than it anticipated and 13 million new daily active users and guiding for faster than expected revenue growth, a 58% to 60% in the third quarter and user growth saying they expect 21% user growth to 301 million. in evan spiegel's prepared

remarks that he just started delivering he made progress with the reality augmented lenses with more than 200 million snap chatters engaging with ar daily on average and over 200,000 creators using the studio to build lenseses for the community and they more than tripled their content submissions from the prior quarter with time spent on spotlight growing more than 60% between q1 and q2. melissa, i'll jump back on to that snap call, but we see those two social stocks soaring right now. >> julia, keep us posted thank you, julia boorstin. we will hear more from twitter cfo ned segal tomorrow at 8:30 eastern time on "squawk box. you were watching these earnings for the impact on facebook and we are seeing the impact on facebook in the after-hours session. >> right new all-time high for them and new all-time high for snap, as

well it's like they took their business into a whole new gear, that is phenomenal growth and the stock was at an all-time high before that i think it bodes well for facebook julia brought up the idea of what kind of impact will we see from apple's new privacy rules and we don't have a full quarter of data, and good for google and good for facebook, and i don't own twitter or snap, and they might be guy names and they're not my naps. good for them and that was impressive, and way higher than i thought they could do. >> guy has been on the twitter traim train for a long time and they're at the cusp and the tip of the monetization efforts. >> what's the word when you're steadfast behind something >> steadfast steadfast? >> see that's why i ask you because you know these things and we have been dan power pitched this thing you've still got to love

twitter. listen, i understand the comps off of last year really shouldn't make those comps, but we are up 74% year over year in revenue and even if you go back to the 2019 second quarter and the revenue is year over year percent with 2019, and a remarkable quarter i think it sets us up to trade north of the $80.75 high we made back in march. there's a lot to like and i understand why it will trade sideways for a couple of days and maybe people who own the calls will take money off the table and you'll start to see a pause. this quarter should accelerate the stock to an all-time high, in my opinion. >> what stood out to you when it comes to either the snap or the twitter? >> first of all, dau is up 11% >> people have been critical when they haven't been able to grow the user base and the monetization and the acceleration so leading to revenue. remember, that investor day and

hit the bar way too high so, look, you're starting to see delivery, but when the company mentions that they're very excited about and seeing more opportunity and followthrough from small and medium-sized businesses and that's great for me and that's great coming off the headlines and off the tape we all know what that means for facebook and the majority of at least ad revenue despite the fact that facebook's user base is also very much individualized i think you have a case where twitter is learning how to monetize in that segment and relative to snap, twitter, very, very chief and relative to its price action, twitter has been all over the map in the last three months and now it's poised to break out after-hours trading here has been volatile so far and some excitement and there should be >> when you hear twitter talking about the opportunities of small and medium-sized businesses, do

you think that's at the margin a threat to facebook or do you think that pie is growing so much it's enough for everybody >> i think it's the latter, mel. when the company is making just shy of $5 million in sales and when you think about what the total sales number is, they're still a monopoly for all intents and purposes and that's been a major part of the bull case for snap and twitter when you think of the low revenue bases is and you think of the growth and daily active users and combined to 450 million here i will mention this about twitter and one reason yet stock is not trading as well as snap in the post market here. they lost a million users here in north america, and they hit the 7 million and the revenue guidance while it is a beat and it is low single digits and might they be setting themselves up and they had the analyst meeting that the expectations

were very high when you see the bullets that i saw in segal's face there and what he's going to be talking about. they have a bunch of stuff yet to launch, and it should cause greater engagement and the ad growth that we know has been powering the stock in the last two quarters, and to me it's not really relative to facebook. it's basically the pie is probably growing and these guys are finding more ways to modify the existing users despite the fact that the users are growing 10% or so. >> in terms of what you're paying for though, guy, in terms of growth stocks is twitter it or is snap it? >> for snap it's the year overier revenue over four years over at post earnings. so does the multiple for snap make more sense than the multiple for twitter >> not if you look at it with price to sales

i think the price to sales is twice that on twitter. on that metric alone, you have to go with twitter not to cast aspersions we talked about it at the time snap was basically left for dead and when facebook ran into the problems they did with the election and it's been off to the races ever since and in my world, snap had the prior all-time high in february in order to take the next leg higher and i much would rather, since we are playing the game of would you rather, twitter over snap >> i mean, you've got to ask that question, don't you, dan? i guess you don't. you can certainly own both, but for some people out there they may have a certain allocation for social media, and to guy's point, priced sales on twitter is 14 and snap is about 35 right now. >> yeah, and on next year's numbers it's 17 versus nine or

something like that so i'm with guy on that front, and when you look at snap's performance in the wake of what tiktok has been able to do over the last year and a half it is truly remarkable when i see my teenage daughters and how they use their social apps i would have said that tictok is eating snap's lunch and kudos if guy can do it. >> kudos, you mean >> that's what you used to get in grade school, the kudos >> plural. >> there is no singular, by the way. i looked in up in case anybody cares at all about that. >> oh, really? >>. >> yeah, because it's greek. >> does this give you hope that facebook's earnings will be very strong seeing the strength that we're seeing in snap

>> yes the only bad thing i can see about this is the bar has been set higher for facebook. so already it's pricing this in somewhat as it should and the correlation has been very high and that's my only hesitation is that it will be all priced in and sometimes we see so much excitement going into earnings and the bar is too high and they absolutely can't deliver, but i'm not going to sell in front of earnings next week. >> tim, what do you think? >> i think this is get really excited for google and facebook. i'll take google on that one, and i didn't say would you rather i just said i like google. there's scarcity of social media investments, too, and when the core is at acceleration and the digital ad space, i think that's part of where investors need to have allocations and have exposure to this and that's why snap has had the move its had. maybe even outperformed twitter and that's why there's more room

for twitter to outperform. this is an allocation story, but this bodes very well for google and facebook >> coming up, the earnings train keeps chugging along we'll break down the big headlines as that conference call gets rnd way. energy cooling off today and one technician says the sector is abt srkoutopa up. the two names he's playing for a pop. "fast money" is back after this. millions of vulnerable americans struggle to get reliable transportation to their medical appointments. that's why i started medhaul. citi launched the impact fund to invest in both women and entrepreneurs of color like me, so i can realize my vision and give everything i've got to my company, and my community.

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welcome back to "fast money. we have an earnings alert on intel. the conference call is under way. let's get straight to josh lipton with the details. josh >> let's remember intel was up about 10% this year, and it was also down 20% from the 52-week high back in april as you americanoned in the after hour, the report beats on the bottom and the top and you saw dw gross margins clock in at 59%. he says the report is a mixed bag in his opinion and it was a good q2 report and gross margin guidance for q3 and q4 is disappointing and there will be debate about that and management is being too conservative here

and bears will counter the pc cycle could be turning pat gelsinger is on the call right now saying intel is uniquely positioned to capitalize when the energy has sustained growth and intel will deliver the leadership products that customers look for in every category seven nanometer is progressing very well and he has the latest and greatest chips as for segments he sees strength in the pc market and data center is strong, as well and that strong demand is pressuring the supply chain and shortages could continue and it could take one to two years before industry can meet demand. josh, thanks josh lipton in the after-hours session and lows down 3% or so guy adami, how do you interpret that i guess it's in the eye of the beholder. >> i look at it and say they beat this quarter basically by 21 cents and they guided higher

by 3 cents and wait a second you're guided higher, but you're not and it's not as commensurate as it should be. i would say that is a lot better and operating margins north of 35.5% and there's a lot to like here and not the least of which is the valuation and there's no growth that people are getting excited about. i don't think you'd be that hurt at $54 if you're called back in january, but there are better places to be and we've said that for a while and amd in earnings next week sets up better than intel at 54.5. >> data center beat consensus by more than half a billion dollars and that was quite a beat there, tim. is it too early to cast judgment on pat gelsinger the new ceo. >> no. we what pat gelsinger can do and he'll spend $20 to $22 billion next year and we know that they're going hard at work and

this global foundry's deal is no comment and i think he'll be aggressive in moving things faster than people expect. i think the issue is you can't turn this business around after three or four years of underinvesting in it overnight and the pop that came with gelsinger takes over and a man who has certainly been in the dna and the fiber of the company and known for innovation comes back onboard and the updates are great, but what i heard out of this tape was more the company talking more about dynamics in pc and addressable market and what's going on for the industry to get back to some of the supply chain dynamics that it wants to i don't love the outlook because i don't think you could have expected a lot here. i think the stock is very cheap and that's what you're excited about. >> for more reaction to intel's earnings let's bring in jared

weissfeld, tech sector specialist at jefferies. would it have been too much to expect raised back half of the year guidance by more than what they are already beat given pat gelsinger's been on the job for a matter of months >> no, that's a great point and exactly what guy was talking about, if you take a look at the full year they raised about 20 cents and if you look at q3. they look at a 4% tax rate and they're benefiting from very low tax rate which is artificially boosting the number. that's something that ibm investors can remember all too well, and the bigger problem here while shares are down and it's all about the second half where the implied q4 gross margins are down and they're missing the street by 200 basis points and we are exiting the year closer to 53% and investors are already worried about competition from amd and this

will only feed into the narrative in a significant way >> what do you glean from this intel quarter in terms of what this means for competitors >> do you see that intel it remains weak that competitors are still eating their lunch >> unfortunately, it's just more questions than answers because the narrative will be how should we think about pricing amd has an incredibly competitive product with their new product milan and they're at a firster rate versus the prior generation when you have the first margin trajectory, you will only fear what that means from a pricing standpoint and it's not just amd because you have the chair from the architecture of the data so there are a lot of challenges ahead and it was a very strong quarter and data center beat and that was important for the stocks and they had the highest margin segment and data center, upside of the quarter from the

margin standpoint into the back half of the year is deteriorating and as we think about what gelsinger is doing to re-focus this business and he talks about having the 100-plus customers that are potentially engaged and the issue there is that can be diluted to gross margins. >> that for joining us what do you think about global foundaries what do you think about strategic partners m and a fast forwarding this for intel? what do you think the ceo's going to do? >> he's got a large balance sheet and he talks about it on the call, and honestly no comment and he's interested in general -- and you have a healthy balance sheet across the board with semi, and you also have them trying to require xilinx i think you realize what he's

got around him and obviously he has the federal government support and you think about the chips act, there are a lot of avenues for him to consolidate the industry longer term >> how does this set up for amd next week into the earnings release on the 27th? >> i would look at this and say, you know what? everything points to a really strong quarter lisa has been crushing it and what does this mean for earnings next week? >> every fundamental data point is that amd is share and based on our work they're getting share at a more accelerated rate i think this goes to what gelsinger was standing -- there was concern earlier in the year, and intel locked it up and that would be a problem for am, did,

but amd got huge numbers and it's hard to imagine given the momentum that the business has been enjoying that that momentum is not going to continue so i have to imagine that the ceo left some gas in the tank, and i think all signs are pointing to a data center acceleration and into the second half similar to what gelsinger is talking about and that should bode well for amd. >> jared, thank you. >> thank you very much. >> jared weisfeld of jefferies dan, what do you think of intel? >> interesting your question to start out the segment was new ceo, and then we hear low-quality beat, right and that's not what you want to hear right out of the gate so to me we talked about it and it's cheap that is expected to grow earnings and sales at 12% and growing about 16 times and it seems reasonable to me they reported it and the outlook that they gave, the stock did get knocked down and it was about a week and a half

ago and bha reported and it's still consolidating here, and i thought that some of the commentary about the supply disruptions was more optimistic than what we are hearing out of intel. >> i prefer qualcomm on value and a taiwan semi with a breakout in the stock near-term. >> it's interesting that zach gelsinger had every excuse to not give much guidance and he kicked it off when he laid out the outlook for the chip giant in terms of what he spent on what and here he is giving more guidance that he ends up disappointing when he said things are fluid, still. >> yeah, i guess i don't know if he felt he had the ability to do that i would try to do and, and i think people are in guidance anyway, and it was -- e, had, and i don't know if you should

be re-rated at all given that there's so much -- i don't know, acceleration even though it's priced significantly higher. >> coming up, energy losing its heart, but the bottom may be in for the beaten down space. he will explain, but blackstone breakout and what sent the stock surging in the back of the earnings rulests we're digging into those details. much more "fast" right after this this is franc lefranco, the owner of lefranco construction. specializing in projects like this. and this and this. everything was business as usual, until...

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network, support and value-- without any tradeoffs. that's t-mobile for business. welcome back to "fast money," the energy sector losing power. the xle is down 10% in the past month. the next guest says now is the time to buy. let's go to chris verrone of

strategas. >> where we should be buying some of these stocks we look for two things when we look for a good deep, oversold number one, we want to see an internal plush and secondly, we want to see an external flush and both conditions are present right now so i brought along five charts and the first slide i'll show you is looking this week, we have a flush in the number of stocks with 55% of the energy sector, when you're in an uptrend, when you're in an uptrend and you get these surges of new lows it typically means you're close to a good, tradable bottom and you're in the zip code and we've got that condition earlier this week. we look for an externally oversold condition and we have the rsi in the neighborhood this week and that was the first oversold condition for the xle

since september. so we have that internal flush and the external flush that's a very good combination particularly when so many of the constituents are still in long term uptrends. 90% of the constituents of the xle are still above the 200-day moving average and you have the short term oversolds and that's typically a viable cocktail and what are two names we can use to take advantage of this here? i want to show you hess first, and i think some perspective here is important. hess is up 160% since november we consolidated 15%, 60% and that's what we traded to on monday morning and i think that is the zone or that is the ballpark where this whole bottom for the remainder of the year and i like adding to it here and

lastly, this is the ticker and energy name, and it's up 300% since november it's come in 30 over the last couple of months so good, long-term uptrend it's been flushed in the short term, great support near 75 and bier we're a bare ouyer of this stocd you have the great energy sector in the next six months. >> quickly, while we have you, what is your next call in rates? >> i think this week we put a low in hoping that 110, 112 neighborhood and what you want to watch for is 129. if we close the week above 129, we would have made back the entire week of decline in rates. i think that's a very, very big reversal level here. >> chris, great to see you thank you. >> chris verrone of strategus.

if you, and when i say you and dan nathan, believe they can be lower and stay lower, can you believe in the energy trade? >> sure. i don't think rates are going to go that much longer. i think you'll see a break of the tuesday low and you'll get somewhere just above 1% and all eyes will be on jackson hole and any pivot and any hint towards a taper at some point late in the year and we may establish a new range of 1.5% in the ten-year u.s. treasury yield. that being said if rates go up too far too fast then crude oil has some problems and we also see the dollar -- or at least very firm here with dixie just around 193 my point is that the recovery is not going to be linear and globally coordinated and we'll see fits and starts and it corrected our money in a meaningful way that stopped right at that two-year uptrend

should it hold i hope it holds. if it doesn't hold, you'll have it move back towards 60 in the not too distant future and the technicals aren't important here, and if you see them take a move back toward 1%, i think they'll be moving up rather precipitously as we get closer into the summer in jackson hole. >> what do you think of the names chris flagged? >> there is one that he didn't mention that i happen to like and i know you hate it when we play our own reindeer games and halliburton sticks out like a sore thumb i think a $26 price target and held the 19 level of the april low. out of all of the names if you want to be an oig and tim might agree with me, i think halliburton sets up very well. >> quickly, do you agree >> i agree with guy.

the best of breed which i think there's not total conviction from broader investors is chevron, eog and i believe it's schlumberger those are capital discipline companies and i think all of the trends that chris talked about could be played up through those three. >> not everybody cease rising oil prices as an opportunity to buy energy names and read about hsbc's downgrade of the sector and go to cnbc.com/pro blackstone surging on the back of a big beat and we'll break down the results, plus didi in distress, why investors are dropping the ride hailing service. n'go anywhere. much more "fast money" right after this tailor made or one size fits all? made to order or ready to go? with a hybrid, you don't have to choose.

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welcome back to "fast money. plaqu blackstone, and the company reporting a record $684 billion under management an impressive run for blackstone shares are up 13% this month alone. guy, you have been on this for i don't know how long at this point. >> steve schwartz is the man the entire group and i'll say this and i'll get added and

blackstone is what they used to be and there's still room to the upside people say valuation is rich i get it, but there aren't a lot of folks out there that be doing what blackstone is and oh, by the way, we broke into the story a week and a half ago and that gets them in an entirely new vertical i'm going to say this and i'll probably ruin the day that i will say it, but the sky's the limit and it can continue to go higher >> to that very point, schwartzman on the call or in the earnings release says the second quarter is the most consequential ever for blackstone because of the moves in the new verticals, tim? >> it's exciting and if you look at exposure to asia at a time when it's not exactly very hot an incredible private equity business and i would agree, the smartest guys in the room and 37.3 billion including 19

billion in credit this is the story here and the liquidity environment that we live in today is extraordinary for exit. it's the perfect climate for a firm like blackstone and great dividend yield, too. >> it's not a bank, obviously, it falls under the financial umbrella and schwartzman is no jamie dimon, karen, but do you like blackstone? >> i do. i've missed it and kudos, one, multiple kudos who guy who has been under 70 points or so normally companies like this face succession issues and i think they have a very, very great jonathan gray who i think is brilliant and has taken the mantle already and has done an extraordinary job. the correlation between blackstone and the s&p and for a while it was pretty close and not surprisingly and then in the last year it took off and went

into the stratosphere. so, i mean, i can't buy it here because i can't buy it at a place that's 70 points higher than where it was, but they've done an extraordinary job, no question it is a machine and it should be priced at a super premium and it is >> could you, dan, buy it here >> i just don't buy things that go straight up like that and everything they had to say about jonathan gray and the aig thing and just from some of the stuff that i have been reading and it does seem that it could be transf transformative and it definitely seems interesting and mel, you just mentioned j.p. morgan and care know's got a thing for someone over there, and look at that chart on j.p. morgan here is that the forming of a head and shoulders top and maybe a neckline at 146 and man a gap down to the 200 day moving average and maybe the new

fangled financial institutions are dealing with the money centers and the rate could be a pressure on this thing and we already saw the bank earnings and despite them being very good and q2 was as good as it gets and i'm still not particularly ready to say they're cheap and pricing in everything that people are expecting in the second half of this year >> coming up, shares of didi heading downhill as china cracks down on the ride hailing giant, but is the worst yet to come we'll discuss that, plus get your pizza domino's serving up big gains and we'll tell you why wall street is so hot on this stock >> miss a mont omef fast follow the fast money podcast.

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welcome back to "fast money. check out shares of didi plunging 12% and reports that china could be considering a harsher crackdown and deidre bossa joins us with the details. >> d. bo >> the damage to didi could end up being far worse chinese regulators are considering a slew of, quote, serious and unprecedented penalties from a massive fine to

a forced delisting or even a state-owned investor that would come on top of the pain that has already been inflicted, namely its app has been removed from chinese app stores it's been prohibited from signing up new users, its offices raided and those tens of billions of dollars that have been wiped off its market cap in just a matter of weeks investors were already wondering when and where would all of this end and is this crackdown about protecting user data or reining in monopolies or getting chinese companies to list on their own homegrown exchanges or what happens all of the above while they or we wait for answers or some kind of indication, shares of didi and other u.s.-listed companies can continue to feel the pressure we have to note the etf is lower by 20% year to date, alibaba saw a bounce deidre, thank you. deidre bossa

we were just talking about alibaba in the unknown, regulatory landscape and here we are talking about the potential de-listing and yes, that could be the extreme penalty here, but the fact that it's even on the table is shocking. >> on the table, yeah. >> yeah. guess who else owns a piece of didi and trial i banna and tencent and two of the poster children with targets on their backs and the cybersecurity authority of china and it is basically free to do what they want, and i've said this before. when i think of the world we lived in 20 years ago when resources in oil, specifically were important with strategic assets and data is the new oil and guess what this reminds me a lot of crackdowns wooe seen in other countries especially in places like russia. i hate this, and at first -- i've said this, i'm not adding to any chinese investments here.

i don't think they're going to kill the golden goose. i do think that different companies have got know religion and two days after they raised 4.4 billion, it's a $10 stock and no signs of letup and clearly, this is a message that's being sent. >> they may not want to kill the golden geese, but there is a lot of potential downside from here to that point, karen so when you think about shares of alibaba and we just talked about it yesterday and you're an investor, et cetera, et cetera at one point you start thinking, you what it's just too murky. >> i haven't added normally if i have a stock, i like the valuation and i like the business, and i would be adding here, but i haven't this is the way i've chosen to play where i think of as authoritarian capitalism which is clearly difficult, but i think that, you know, it's sort of, like, they're not the target

at the moment. didi, even though it's down a lot, that's something i wouldn't consider because that one is far murkier to me. the de-listing is sort of the ultimate that does make me somewhat afraid but i'm sticking with it for a while and i'll look at put spreads for the unknown. >> coming up, dominos dishing up new all-time highs mu me as rhtft this"ft"ig aer someone once told me, that i should get used to people staring. so i did. it's okay, you can stare. when you're a two-time gold medalist, it comes with the territory.

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welcome back here's a sneak peek at the cramer cam jim is sitting down with rich at the top of the hour on "mad money. domino's topping the tape. the stock hitting an all-time high as strong demand for pizza fueled in the latest quarter same-store sales are up 3.5% despite price increases and the food stocks have been on fire. chipotle and starbucks also hitting new record highs in today's session. guy it was pretty early in the morning or during the session today that the blowout continues and emojis, of course, you said

in emojis. >> no. i was talking about the stock and i wasn't talking about what was transpiring in my arc body, as you say it's funny you mentioned domino's i spent the day working at domino's and shake shack will catch up and mcdonald's is where you want to be and what was that word you told me before? steadfast, and i know tim has thoughts and mcdonald's has earnings next week and difen what we heard from the rest of the guys and gals sets up extraordinarily well speaking of mcdonald's, mike khouw spotted sizzling options what did you say >> i was taking a look at mcdonald's and as guy pointed out there was enthusiasm here and this one, too, hitting a 52-week high and bullish trades outpaced bearish ones by more than 2 to 1. the option says market implied the stock moved 2.9% after they report earnings and that may not

seem like a lot, but this isn't a stock that moves a great deal on average and it's only moved 1.7% and the options that captured earnings were the july 30th weekly and those are the ones that expire two weeks from tomorrow we saw those trading for $2.65, and what wooe e're seeing is the making a bullish bet and given the fact that options premiums are relatively low going into the catalyst, i think this trade macks a lot of sense. >> what do you make about the bullishness surrounding the fast food trades? >> i think mcdonald's in particular, you look at that consolidation since april and it's been trading at 230, 238 or so the weekly is kind of binary that's not kind of my jam. you get that direction wrong just by a little bit and you will have a total loser. i'd look out to the august 240 calls costs about 215 and that's

1.7% of the stock price, and if for any reason this stock rages leak chipotle or domino's, and you just did a fix my treat before the options action. tim, you're in a couple of these. >> mcdonald's i would stay long and i would say in the jam as he uses the term. it's the same for chipotle it's higher ticket sizes and it's loyalty programs and we spent a lot of time in the past talking about what mcdonald's has done in terms of the digital and the kiosk and frankly, a hipper approach to the menu. i think they're going to bread and butter and they're the golden arches of old and i think they're being embraced and the valuation is absolutely being pulled up by domino's and

chipotle and i would stay with that trade >> all right mike khouw, thank you. we do have a buzz kill for you that will definitely kill your buzz, you own these shares in particular. >> boston beer reporting a miss in the top and bottom lines and the disappointing sales of hard seltzers the company saying it overestimated the growth of the hard seltzer category and that stock is down right now by 19% karen, it seems like everybody and their brother has a hard seltzer brand at this point if you walk into the supermarket afls which i don't know if you do often, but you know that for a fact. >> i don't, but i do know hard seltzer is everywhere in my house and after a night of the kids being alone it's everywhere in the house super popular for sure but it's interesting to me, but it got

competitive already and i'm sort of surprised, but i would let sam shake out a little bit and get over the hangover and maybe look at it a little while later. >> guy, your two cents on this >> those commercials just on the back of those commercials alone this stock deserves to be down twice as much as it's down now those commercials like what do they call it with the ear tick things they make me crazy, number one number two, the stock had a huge move to the upside and another $100 and that probably makes sense, and i think tim would echo this, as well and just goes on show you how ahead of the curve at constellation brands was and continues to be and the hard seltzers and i've been at those kids parties and seen every single one of those cans is half filled they're open and half filled what does that tell you? they have a couple of sips and they say these things are lousy! back to you, mel >> tim, what do you think about

guy's constellation assessment >> i'm bullish on constellation despite the fact that my next white seltzer or whatever we're calling it will be my first one. >> i didn't drink wine coolers or zima in high school. >> you didn't have bartels & james? >> really? >> scout's honor why would you go near bartels & james? no, but i do like what constellation's done and they've down sized some of their broader portfolio and their beer portfolio is doing quite well. drink a beer and drink the whole fanbeap. uy says d hpy >>inal trade's up next ♪ ♪ ♪

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the world's first fully autonomous vehicle is almost at the finish line what a ride! i invested in invesco qqq a fund that invests in the innovators of the nasdaq-100 like you become an agent of innovation with invesco qqq final trade. tim seymour. >> energy trade again, best of breed, eog despite the derivative hedges that cost them a lot of money i think it's a great company >> karen finerman. >> on the heels of what we were just talking about with being in mcand domino's, like starbucks, their digital game is really good also, i know it's high, but it

should be. >> dan nathan? >> intel feels like a value trap here and i'd go with taiwan semi, tsm. >> guy adami >> in that same vein, amd. >> thank you for watching "fast money. see you back here tomorrow at 5:00 "mad money" with jim cramer starts right now field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. let's tall it the great american snag, yeah, the snag it's tha