tv Mad Money CNBC November 10, 2021 6:00pm-7:00pm EST
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look at value stocks less than ten times earnings, almost 4% dividend great management team so walgreens boots, and great job by julia with bob watching "fa. "mad money" with jim cramer tarts right now. >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there is 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 wants to make friends, my job is not just to entertain but teach, call me 800-743-cnbc and tweet me at jim cramer it is not time you see a billion dollars company born before your
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eyes and that is what happened today with the infant that is rivian that just became public when it first started trading this very morning. not so hot day for the averages. declines 40 points and s&p sank and nasdaq down 1.66%. at one poin it is much uglier. they closed up 30% this company only delivered 156 cards in the end of october is the same size of general motors but i'm sick of this that is a terrible comparison. electric vehicles are in a league of their own compared to old school auto companies that rely on the come bustan engines. but it does mean you can't dismiss it out of hand of course the skeptics out
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there, well they find this analysis absurd. they think that my analysis is sophomoric and only 156 cars but rivian is believing that electric vehicles are taking over the world and there is enough to send the stock into the stratosphere they see a company that built the world's first all lek rick pickup truck and the lek rick suv, and the electric vans and purpose driven and they see rivian, and as i mentioned this week, ford will soon by the biggest rival thanks to the f-150 but yet they own 12% of rivian amazon, yeah, amazon, owns nearly 20% of they've ordered 100,000 vans ford might cash out for its
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electric capabilities, i hope they build a battery mega digga factory. the sustainability team is saying they could buy any and every electric van they could get their hands on it is not often you see a company sold out before it enters production. and you might say this is ridiculous did you see the action in the rest of the market today the averages were atrocious because the market shows its true colors. last night when i told you things were to coop fusing so we have to make more clarity. the red hot consumer price index numbers, as i told you, everyone how could this be ref letory, they send the bond market into over drive and over a cliff. yesterday it was going down, i figured that might mean it is a false tell we don't know where bonds are going to go, but we know if there is inflation, rates are supposed to go higher and sure enough today bond yields surge because there is a new sense
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that the federal reserve needs to raise interest rates quickly in order to cool down an overheated economy that is the true colors. i expected the oct inflation numbers to be hiddon but my expectation numbers don't matter you needed the data to focus the beast on whether it is bull or bear and today the ursa turned out to be a major bear every gloej stock that trades on future earnings glot slaughtered because that is the group that inflation hits the hardest so why the heck wasn't rivian slaughtered too, and it ome produced 156 vehicles most of which were sold to employees this is what inflation hurts it is trading on what it could make in 2030 how could a stock like that price at $78 and close at $100 when the market is turning against this kind of investment? >> it is simple.
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rivian is not rallying in spite of the growth sell-off and they sold off because of rivian and sold off similar assets to get as much stock in as they could or participate in the deal so you have to understand how the mark works if you want to understand rivian. given only interest in this, the ipo is guaranteed to be red hot. it was inevitable that it would go to a premium, above where it was priced how much of a premium? this is where rivian stock is difference the averages. it is will something called allocations. who gets and who gets shutout. usually the company that becomes public is cool about the process so they like the cynic bdesk in charge because the syndicate desk need to keep it happy and to continue merchandise and business it is a reward but this time it was different this time rivian ceo r.j.
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skrirj, he was able to the shots because his stock was so in err do -- most in demand and not small-time hedge funds, he wants to reward people who would stick with him, okay i don't know the man, but obviously he's very thoughtful about this stuff these company accounts put for 10% of the public shares becoming public. they aren't going to get that much but that is how you want a ton of stock to the deal makers. so these nonflipping institutions get a nice chunk on the ipo but because they're big they have to buy much more to have a meaningful position within their funds so they come in after allocation and sell the shares of fast growing tech, we saw that all day until the near end of the day and they buy rivian shares. [ inaudible ] it is the mechanics of the market, people.
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now you could argue these institutions are the same. they give an inflationary edge to the company and that is short sided. it is true that inflation is way too high and stocks are worth less than they were yesterday because the future earnings are being eroded we say we misjudged yesterday. but rivian is not just any stock. when amazon reloads with orders, you could make the case this could be the next tesla and that could earn a trillion dollars value apgs could we accept that that is what people are chasing. i'm not saying that it will be the next tesla i think it depends on mass distribution and don't you think the automakers wouldn't have gotten into the action years ago. a scorching cpi number will have some lasting impact. it is been able to create several days worth of selling when we've gotten them before
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but ultimately this could turn out to be a rearview mirror number once what are the recent decline in oil is for real and everyone is just ignoring it and what if inflation hit a wall and we're sorting out the poor congestion problem and housing continues to cool you know what is happening, mortgages are getting more expensive and then you're kicking yourself for not buying stock here it might just become a safe haven because at the moment there isn't enough stock around to stave all of the buyers maybe they have to go higher a fixture of the new tech world until the selling expires in six months and then things could get tougher. so let me give you the bottom line when you see a stock like rivian exploding out of the gate, it is not just that people believe in this electric vehicle story, it's because the mechanics of the market are very much on the side of the bulls when it comes to rivian. let's go to mike in texas.
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mike >> caller: yeah, yes, wanted to give you a big thank you for making us all look really good >> thank you, mike, i'm sure trying every day i really appreciate it. >> caller: good job. i appreciate it. jim, are we going to throw in the house at roku at $275? >> i don't know. i saw that vizio number, wasn't that crazy about it today. that is the tv i think that roku reminds me of the companies that do better in a pandemic and thank heavens the pandemic is winding down and i don't have much more to say about that it is peloton-istic. or as peloton-ruralistic something to think about to john in florida >> caller: hey, jim, how are you doing today? >> i'm doing well. how about you. >> caller: excellent big shout out to alex and ally my beg question is with rivian and all of the things we're seeing on in the market, do you
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think that inflation has been priced into the legacy stocks like fedex and tee and ford? >> well, i have to tell you, i like fred smith. and i like what he's build at fedex. and i think fedex could be a very good situation. i also like ford, it is owned by my travel trust as is united parcel and if you want to find out more data just become a member of our investment club and i urge you to do so by the way, here is a little known fact, okay fred smith, his son is arthur smith who coaches the falcons and i've got a guy patterson on the falcons and he's crushing it in fantasy that is about as worthless as anything i'll say on the show. rivian isn't just about the ev story, it is on the side of the bulls when it comes to this one. on "mad money" tonight, a deal
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with pfizer for migraine treatment so should ooirns be concerned be concerned let's check in the ceo and then mastercard held the analyst day highlighting the sure size of the network by the way, it is larger than a firm and i'm talking to the company's top brass. and with a tight labor market, i'm eyeing on automation that could be worth watching. stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.
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hi, what the heck just happened to the stock of bio haven pharma, favorite of cramer, the maker of nur tech which i do have to take when i get migraine the stock plunged to 131 yesterday morning they reported a solid quarter. we'll find out more about that but it also has a partnership with pfizer to sell the big migraine pill overseas that is pretty good news but because bio haven announced strong results, the good numbers were baked in. the pfizer deal was seen saz a negative, because they hoping this company would be the take over but this seem committed to grind it out as an independent company so could this be the mother of
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all buy all, let's check in the ceo and what comes next, doctor, welcome back to "mad money." >> jim, how are you? >> i'm good, dock. how have you been. >> i'm doing great and yesterday we what announced the collaboration with pfizer to take what is the market leaving migraine therapy here in the u.s. around the globe to patients who really need new options. >> so let's thick that playing away as so to speak, let's start to a question from calhan just asked, great numbers, why didn't you just sell the whole company? >> well, jim, this is a great deal for bio haven and a great deal for patients. there is over a billion individuals who suffer migraine around the world pfizer is i global powerhouse and this collaboration will allow us to bring this drug to
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those paretients and it allow us to retain all u.s. rights so we have optionality in the future and this is going to bring in x u.s. revenue and it is a smart deal for shareholders and for patients. >> will it accelerate profitability? >> not only will it accelerate profitability, we believe it is going to bring us increased revenues from around the world when you look at how difficult it could be for companies to launch an in all of the major markets and other associated markets there are few companies that could do it like pfizer, right. pfizer is a really series of blockbuster drugs that they've successfully brute into all different markets around the world so it is going to bring in we believe increased revenue booth sooner and a higher magnitude of revenue that will help us to get to our profitability. >> let me play devil's advocate. a big company has a competitor,
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ubrelvy, you're crushing them. why do you need pfizer's help? david is crushed in the goliath that is ab vieh. >> we are the number one subscribed -- here in the united states and nur tech otc with the action and dual acting prevention effects could prevent the next attack is differentiating from abbvie and what you look at what we've done here, we want to bring the same profile to patients in the outside of the u.s. and if a small company like ourself tried to do that around the globe, the infrastructure spending cash burn would not let us goat to profitability unless you have multiple drugs in your pipeline, it is very difficult to bring drugs and commercialize it across the globe pfizer has those capabilities, that is a big brand presence in every market across the world
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and they're going to team up with us and help us continue to be the market leaders across the globe. >> so doctor, i want to amazon before i came out here and oh, look at this we have tylenol, ultra relief extra strength for $8. we've got the excedrin, i took about a thousand of those for $17.27 bufferin has something too and what the advil head-to-head versus you, how did those do >> yeah, they're a different segment since they're not prescription they do not hit the same type of efficacy as well as prevention that we have and so we're actually the only migraine therapy that both treats the acute episode and prevents the next. there is no other therapy out there for migraine that could do that that is how we differentiate from all of those over the counters the over the counters could be very successful for milder forms of migraine. but for people who have more
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moderate to severe, not as successful as prescription treatments and now with our new standard of care being one pill that could be both treatment and prevent the next, that is what differentiates us from everything else out there, jim. >> just anecdotal, i've tried every single one of those from my 27 out of every 30 a month and that he didn't do anything and i wanted to thank your drug for making it so i could come to work every day what else is in the pipeline because you have all of the money coming from pfizer >> jim, we have a very broad pipeline in neuroscience we have a number of studies coming up including a read out in aos and ataxia. but in a few weeks we're expecting our internasal data and the drug is the only crp antagonist in the nasal form we think this will get to a ultra rapid on set of action and people with migraine they need to get back to functioning as quick as possible.
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this is another potential tool for patients with migraine that could give an even quicker onset of action than the odt and the up coming data we'll be filing and the drug is also part of the collaboration with pfizer will allow us to rapidly bring that to markets across the world if this study is approved. >> so i woke up monday morning with migraine. pretty brutal. took a nur tech. it was -- went away in five minutes. why do i need a nasal spray. five minutes isn't a bad time. >> we think nur tech odt is go to be the market leader and for most patients that will solve the problem. however if you need a quicker on set of action, for you you had a quick on set and others it might take longer, we want to have another medication in the toolkit so if you need it it is there and that is an important part of treating migraine. you want to know with confidence that you'll be able to get rid
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of a migraine and so we want to have multiple approaches so that we could serve the most patients. >> one last question, on prevention, i know when one is going too happen because of barometer pressure how do other people know they're about to have one. >> it varies for different people and some know their triggers spl women around hormonal get migraines anz they could take it during that period of time, other people when they travel and on altitude, they could take it ahead of time and seasonal allergies would bring on those type of migraines. so for every individual what is great about the dual therapy is that parents and doctors could customize it and use it acutely and preventively when they have identifiable triggers so that migraine is not interfering with their lives. >> i'm chuckling because i'm going to san francisco this weekend and i know i have to take a nur tech beforehand or
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i'll wake up with a stunner that will make it so i don't even know what city i'm in. but thank you again. dr. george is the ceo of bio haven pharma and i'm acutely aware of what bio haven has done and i thank you for coming on "mad money." >> thanks, jim, take care. >> you may want to take it out or ride it, but i could tell you it is not imperial, it is anecdotal. "mad money" is back after the break. >> with mastercard announcing big plans for long-term growth, could an investment in this company prove to be priceless? the ceo joins cramer fresh off its investor day next.
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on an ugly day where the market got hammered by inflation worries. you need to remember that there are plenty of companies that benefit from inflation and that includes co includes credit card companies like mastercard. but translated into more money for the credit card network that processes the payment and that is one reason that it soared today but more importantly long-term growth targets at the investor meeting and explain how they have the scale, keep that word in mind, to realize them. they deliver an excellent quarter a couple of weeks ago and i'm glad we own this one for the charity trust. if you want to figure out what we're doing before, you have to join our new cnbc investing club and i hope you do because it is a lost fun for us. today we had a chance to catch up with michael miebach. he's from mastercard
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take a look. >> i started an investment club for cnbc and you're in the investment club because the more i study your company, i realize you are the dominant scale player in pages but a lot of individual investors don't know what mastercard does and i'll give you the floor to tell people. >> i'll happily take the floor we have a majority of institutional investors so i don't often have to take the floor to explain in simple terms what we do but here is what we do we make payments work everywhere around the world for consumers so you show up somewhere in moscow and want to buy that souvenir and we will make it work at the till of the mer chant. as simple as that. then we do a few other things. we make the payment safer, there
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is aip lot of cybersecurity cloou solutions in the background you can't see it but it does work we do data analytics so that the loyalty program that you might have on your card feels more targeted so that is what mastercard does. it is all about card in the name but in reality we do the same, we own card payments and account payments and of late in crypto as well. >> now, nice space but the reality is your worldwide. tremendous business in cross border, when means that there may have been a lull because of covid. but you must be coming on strong as the world reopens >> right so there is -- you know, march last year, everything shut down. the first thing that i saw was that domestic spend in every day spend categories like you couldn't go to the shop. but what are you going to do are you going to shop online for groceries? so we saw some massive shift in
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behaviors, neg discretionary didn't happen and cross border didn't happen but every day spend happens. so fast forward to today, and we're starting to see two days in after u.s. borders open for travel and flights are full. tourists are arriving and they're spending wherever over the last 18 months people have had the ability to travel, they actually did. because they wanted to see friends, they want to see family so we're the net beneficiary but it is not a zero sum game. that online spend stays. we call this a mastercard speaks the secular trend but there is a digital solution that is better than cash and people are not going back to what they were before so we look forward and very excited in saying there is a more digital world but at the same time the power of travel is coming back. it is coming back to our p&l and the trends are encouraging ands the u.s. is opening you still look into asia and see in asia nothing has opened
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they're at the very early days so that is aup upside. we have an investor day today and said 20% of the top markets around the world from across border perspective are currently at 70% pre-pandemic volume that is 30% upside and then you take the u.s., u.k. and canada, which is the largest markets where the borders only just opened this week, they're at 50% that is all upside because people will go out and travel, that is corporate and consumer. >> one of the reasons i waned to start with this concept of worldwide because there is a perception of fin tech companies, and a firm right when they got this amazon deal and their very smart people, they're talking about a very exciting thing with buy now and pay later. if you're in a jam basically and a lot of people feel that mastercard doesn't understand these things and can't play in scale. isn't it the opposite in. >> it is exactly the opposite. it is something of a leading
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question to scale, it is important to notice nearly 3 billion people on the planet that hold a mastercard payment digitally or in the form of plastic it is 3 billion. 80 million merchants, that is scale. if you look at your buy now and pay later, today that is 1% of the payments market and the other 99% is somewhere in the 3 billion and the 80 billion i just talked about. we're in 200 plus countries around the world so there is scale. now we understand consumers want different choices. my kids might not want to use a credit card at some point. they might not they like a debit card but they might like some crypto payment or buy now and pay later because it is a cool experience. for whatever the reason, we do lean in. we will always promote the benefits and the value of the card payment system. you have zero liability, you're protected as a consumer and buy now and pay later, you may not so we show that and bring it so what said is why don't we
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just take all of the banks that work with us around the world and say do you want to offer buy now and pay later at the point of sale for consumer so as they buy something i'm offered up as do you want to pay this in four, why would the bank say no to that they said yes. >> let me play devil's advocate. i led before, now let me do direct i'm concerned that people think that banks have to be duplicitous. they offer credit cards that could charge interest rates and i would be rather with someone blowing um the system and no hidden fees, what do you say to that >> there is a as peck of responsible borrowing and as far as responsible lending and what you just were asking so you see regulators around the world and banks looking at that and saying we have to ensure that people don't overextend themselves you could be irresponsible in all sorts of ways. buy now and pay later is just
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another option on how to pay and the same principles have to apply. you have to make sure that people don't overextend themselves and the system needs to be blown up banks have a role to play. alternative lenders come in and regulators will look at this space and i'm 100% convinced and he'll make that some of the more questionable aspects of that might be sorted out. >> i'm glad you bring that up because if you're not responsible it doesn't matter. you have a 73-page booklet so to speak. >> right. >> and when i go through it, you mentioned crypto candidly i found only one page that talked directly, page 28, that talked about supporting the crypto economy but then there were 72 other pages that doesn't address crypto so how serious is your company about crypto >> so crypto is no question a hot space. so a lot people invest in it and
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what else could you do with it other than investing as an asset class. we have a role to play in making sure that people who want to invest into crypto, they could do so on a mastercard and when they sell again they could get it back on mastercard. >> so like ethereum as my mastercard. >> you have a bunch of partnership programs where you do that. if you if you would go to a coffee shop, and you want to pay crypto and that is not happening. but we're getting ready, we are technically ready for it. >> there is a business away from crypto that is large >> sure the digital euro come, we are ready for it. we have said whichever way the crypto eco-system needs to be served as long as there is regulatory compliance, mastercard is not just about card. >> and we have to wrap up and mention how many stores and people so we know what we're talking about here.
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>> you're talking 211 countries and territories, 3 billion people and 80 million merchants. true scale. >> and i like true scale and honesty and transparency and mastercard thank you very much. a terrific analyst day everybody could read about it. 73 pages and it is not hard. stay with cramer there is a landfill in the ocean. bring your visit to outdated montepisa! our sights will take your breathing away. our food will make your mouth leak. and our roads will make you break wind. translation is complex. transperfect makes it simple. our experts help your business succeed. in any market, any language, any industry. simplify global business with transperfect.
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salute to veterans veterans day terry bradshaw: hi, i'm terry bradshaw in any market, any language, any industry. rocky bleier: and i'm rocky bleier. col. greg gadson: and i'm col. greg gadson. terry bradshaw: on this veterans day, our heartfelt thanks, to all of our military veterans for their service. col. greg gadson: we honor our veterans, and those who are no longer with us. rocky bleier: to all of our military serving around the world, thank you for defending the many freedoms we enjoy. terry bradshaw: tune in to salute to veterans for discussions about the issues our military veterans face daily. salute to veterans presented by sap, navy federal credit union, verizon, visit us online at www.salutetoveterans.org
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rockwell automation machines and they sell hardware and for the fast growth, they sell software to help industrial companies automate their manufacturing process. now i've been recommending this one for roughly a year it is up more than 90 points after the quarter last week i bet it is got more room to run they delivered a mixed quarter with weaker than expected sales. they said about guidance, forecasting 17% organic growth and wall street was looking for 7% and the stock jumped $23 to an all-time high but since it has pulled back. today they plan to grow the sales from $7 billion to $9 billion in the future le' take a closer look with blake beret. you could hear the same that the professionals got. welcome back to "mad money." >> hey, it is great to be here and we're having a great automation fair in houston and just concluded a really good
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investor day where we laid down plans for future >> well, blake, the acceleration that rur predicting is rather mace yg. i know some of it has to be the tail winds from a tight labor market but some have to be the dazzling things behind you dazzling me with a couple of things i would be seeing if i were at that conference. >> well, jim, first of all, it is about all of the pieces working together to provide outcomes for customers in specific industries. so when you're an electric vehicle manufacturer, you don't care about the individual characteristics of the products or the software, you care about how it works together to help you turn out more jobs per hour and to do it at higher quality and more scheduling precision. similarly with medicines and with food and beverage, some of the new things that we have are our cloud native software that we built and we bought ore the last year. some of the hardware like independent current technology which is used to provide more
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precision motion control than could ever be provided before, and some of the services, the digital consulting and the cybersecurity services, some of the new acquisitions that we made, we made nevada a part of the family here in the last week and so it is organic and inorganic and it is about all of the pieces working together. >> so let's talk about this digital consulting in the last week, and in just last night, i spoke to probably a half a dozen ceo's andthey want to know where the people are. they keep mentioning the people, the people they're not a manufacturer if i was in manufacturing and i called you, and i said look i can't find the people, would you help me, would you send a team out and show them what they could do is that the kind of thing you're going right now for companies. >> we do it in a variety of ways it would help to understand how they could make the best use and the most effective use of the people that they do have to use the automation to free people up
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for what people do best and that is make decisions and use creativity to induce new lines of business and more productivity but it is also about the hands on training capabilities that we provide for those customers through our veterans training program, and through the curriculum that we could provide those customers so that when they find the people, they could make sure they have the skills to do a great job. >> wait a second tomorrow is veterans day, what do you for veterans? >> so we are taking returning veterans who are returning to civilian life and free of charge to those veterans, we could put them through a 12-week hands-on training program that equips them for technician roles in jobs across the country in a variety of industries we started doing this a couple of years aago and i could tell you it is a thing i'm personally most proud of in my career for launching with rockwell to provide a service to those
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manufacturers and to our service people >> i don't mean to detact from the conference at all, but this is something that we care about on "mad money. are you finding that people who return and are veterans represent leadership qualities that you see, represent attention to detail, let's say a level of ethics that we don't find in other people >> you know, it is those soft skills that make the difference. it is people who understand how to work collaboratively in a group, who are self-motivated, who are willing to work for a larger cause, all of those things make veterans a great choice of work force talent for factories all through the u.s. and it is been tremendously received it is the right thing to do. and we're continuing to look for ways to scale this even more broadly. >> we thank you for doing that one last thing, you did this big strategy. >> win at magna.
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a lot of evs could not be made by themselves, we have though contract with the outsourcing maker of auto parts, magna, how did that deal come about >> well, it is about our capabilities and in some cases differentiation with respect to different parts of the ev manufacturing process that are different from traditional internal combustion engine manufacturing so whether it is independent cart or use of the software, all of these things are differentiators and won the win with magna, the software and wear working together to produce outcomes is what it is all about. >> i want to applaud everything you're doing for veterans and make things in this country now that we have the great resignation and retirement the chairman and ceo of rockwell automation for coming on and explaining to us everything you're doing and for that incredible organic growth that
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you're going to be showing thank you so much for coming on the show >> thanks so much, jim >> well sometimes you get a story that turned out to be not a story but reality and i love that and i love what this man is doing. they just are doing what we need more than anything else right now. hiring vets and making it so that we could make things when we can't find the people to do it "mad money" is back after this
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round. and then the lightning round is over are you ready skee daddy michael in pennsylvania. >> caller: booyah professor cramer. >> getting ten you're again. what is happening? >> caller: now i'm one to over exaggerate but the stock i'm call being is the potential treatment fof breast cancer and prostate cancer and a potential treatment for covid-19 give me harper for nlmpp give me wa-wa over sheets and please give me your opinion on their rue. >> i think the prostate cancer drug is real and i think it is a very real situation and i think for $8 you're in good shape. let's go to chris in colorado. chris? >> caller: booyah. >> what is up? >> caller: i'm asking about a stock that i -- to digital
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records for vaccine, is it going up any higher. chnd. >> it is a good steady company it is about time we have some healthier companies that are not up and down 40 points. i'm okay with it how about jason in new jersey? kr >> caller: hey jim, i want your thoughts on arrival and how you feel. >> honest to god, i think we crown a winner today with rivian and even though it is up gigantically, it is going higher rivian is not done, okay so there we go let's go to jack in ohio jack >> caller: thanks you for taking my call. in the supply chain issues, do you think it is okay to add more emr, emerson. >> we have the ceo on and i have to tell you, got my view there you go we're not done let's go to joe in also my home
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state of new jersey. joe? >> caller: hey, jimmy chill, a big booyah from livingston, new jersey. >> i would go there for deli what is up. >> caller: first time caller but a long time listener and i want to thank you and your staff. >> there was sa guy that go there and ceo and you love the bulls. what do you got? >> caller: i've been doing my homework and listening in on the conference calls goldminer, this miner has a 50% partnership with barrett gold who i know you like they developed the alaskan diamond goldmine which is the holy grail of goldmines. the new nevada and what they consider the premier gold in the world today and expected to produce over 1 million ounces per year for decades with more than double the world average grade. the stock prices have been
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depressed but i hope for a pop, so it time to double down? >> no. and i like to have gold. but it had a nice move just be careful. and that, ladies and gentlemen, is the conclusion of "the lightning round. >> announcer: "the lightning round" is sponsored by td ameritrade and thinkorswim trading™ is right there with you. to help you become a smarter investor. with an innovative trading platform full of customizable tools. dedicated trade desk pros and a passionate trader community sharing strategies right on the platform. because we take trading as seriously as you do. thinkorswim trading™ from td ameritrade.
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metaverse and i kind of like what i don't see that is right. you could call it the metaverse or the verse, i don't care what you call it, i call it profitability. so now we're on the hunt for the best ways to play it since people will make money which i why i want to give you p reflections because it is filled with metaverse mark zuckerberg's amazing explainer of everything that could be done in the metaverse and in mark's view, it is okay, call him mark, where your avatar could do everything you do in the real world you could play cards an go to concerts and even take class and surf with zuckerberg himself will young people want it and maybe money managers love it even more. and the metaverse feels like a game-changer i like the fact that we're there were 29 other kids in the class. and it could be the great equalizer assuming you could get
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a vr headset i would set out the marker for anyone is equal and everybody gets these let's come at it from another angle. my wife will go down to florida because she hates the winter i could text her and call her, but i like to play rummy cube with her don't tell her i let her win. that is why she wins so much you keep that between us but it is fun. i need to do more than just text about how rur doing. that is metaverse 101 for you but it is fantastic. someone who celebrated mental health month, they could be amealy ated by human interaction but you might not be able to make yourself leave the house. the metaverse is an obvious interim solution and i'm saying interim, i'm not sure zuckerberg understands how powerful this could be as a mental health
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pool and by the way, just so you know, think that they're going to do what is right to try to make this epidemic, get control of the epidemic. meanwhile, try to get control. meanwhile, you could shop until you drop in metaverse, and the best way to try on clothes without leaving the house. how about the avatar ant the interaction with other people. that is where nvidia comes in. you need the high power graphics chips to create your own digital twin i want to learn to act from olivia and i want to hear a poet from muhammad ali. and i want lines and all, crows feet and you get it. and nvidia will have you covered with their omni verse platform maybe i want me when i was like 28 we've already got plenty of virtual reality games including some of the most popular like grand theft auto maybe you want to make your own
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game, where you don't want to kill everybody, you have a metaverse and you get paid for your efforts and if you want to do something wild and crazy and beautiful, check out what unity did last night this is a company that makes software tools for video game developers but last night they brought the vision of peter jackson's visual which handled all of the cool visual effects in lord of the rings that is real --. these are companies that are currently doing the best work in the metaverse. in the end i think it will succeed or fail based on the ablts to create powerful experiences. a person that is loney could use a card game and if t feels like your around other human beings other people might like to watch henry the fourth and even at the globe. or maybe see a metaverse production many companies will claim they got a piece of the metaverse,
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but now it is facebook which i know could do more for mental health and nvidia, road blocks and unity, i can't tell you what they have lined up for sports but it is go to be great there is always a bull market somewhere. and i try to find it for you right or was he a victim who shot inself defense i'm shepard smith. this is "the news" on cnbc. kyle rittenhouse takes the stand, appearing emotional in tears and hyperventilating, offering a defense for his killing two people during protests in kenosha. plus, why the judge lost his cool with the prosecutor. >> so i don't know what you're up to. our program for kids ages 5 through 11 is hitting full strength thi
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