stocks that under and over perform. >> what will you watch tomorrow? >> jim cramer talking mostly. >> did the homework. lulu is up broadcom is up ways to watch. that will do it for us "fast money" begins right now. live from the nasdaq market site overlooking times square. this is "fast money. guy, tim, kyaren and dan cathie wood is making a bet on this name. should you what it is and how to play it. bitcoin breakdown. the crypto on pace for four straight weekly losses a sign of more trouble or buy in new kid on the block one of the traders is bullish. we'll find out why we'll start with the countdown

of the most important inflation report tomorrow. cpi and what it could signal to the fed. economists expect a higher number could this spook the market? guy, what do you think >> look. before we get into it, you can't start that way making it to january it's 15 year just we have done 3,300 shows and the third time you've hosted you are carl quintanilla you are on the par the nonof cnbc i know i can speak for the others and flabbergasted what was the company absolutely if this thing is a 7 handle and not out of the realm of possibility the market is spooked. the fed's in front and not behind it and taken the word transitory from the lexicon and i think in terms of that they're prepared i don't know what to expect and

karen can speak to this. i don't know what to do in the market. >> is there a different playbook for being hot and cold >> i'm not sure what to do as guy said if it is really hot i think that we know that the fed is going to increase the pace of the taper that's baked in. but if it's not so hot are they already committed? do they increase the taper anyway i think they do and made their position known they've primed the market for it i think they should and a hot number is more likely and spooks the market i think the high flier stocks, the multiples can't continue if rates are higher that's the position. i think that even though inflation might be transitory is not the word to use. might go down a little bit it is very high and positioned for a

lower pe stocks. >> tim, there's talk that cpi to reflect oil coming down, shipping rates coming down and then the president this morning says this print might not reflect that that's where stocks started to go into trouble today. >> welcome, carl great having you the point on cpi this is so well flagged and i think we also do understand even people that haven't spent time understanding core and the headline print i actually do think that wholesale retail gas prices are going to fall off dramatically. i do think that the food prices up and show half a percent rise in november are unsustainable. while i don't use the "t" word i think the market is almost been -- i wouldn't say enyoured

but the inflation is with us and the bigger concern is growth so i think it's more an impact of what we think the read will be for the fed next week and i think the fed, 180 turn in the p posture is something we don't know what to we get coming out of that fed meeting. >> a narrative today is the cpi print really snisn't where the risk is. but the market getting comfortable for several years regardless of tomorrow's number. >> yeah. really that's something if you traded over 13 years on the tip of the tongue and following the global financial crisis. this time around we all know what did fed chair powell do in december of 2018 when the stock market started to get rallied at the pace of the rate increases

he went dovish i wouldn't expect that playbook to be the same one right now and a reason why we haven't had a lot of volatility because we do know that if the stock market is down too fast because of the taper or expectations for rate hikes the fed will change the tune and if you think about how to trade this into the cpi number i'm with tim. i think the stuff will revert. we'll talk about that was transitory and mattered is three or six or nine months. i don't believe that this pandemic changed the way our economy's going to work for good going forward. the last thing about the stock market look at what happened today. why did microsoft and apple and why did alphabet trade so well relative to the high growth names? nasdaq 100 down 1.7%

most names down less than a half a percent or so. seeing the continued crowding into those names that should be i guess somewhat insulated from runaway inflation. i think the crowding in the names and the absolute devastation in the market is not a great set-up. >> interesting guy, does that mean that essentially the fedput is dead and too costly for the fed to continue and crowd into safety names to cloak the underlying pain in the stock market >> certainly feels that way. dan mentioned october, november, december 2018. much different time. then the federal reserve i think bow beat by the administration and the report card is stock market and going down 19.9% in 2 months i think they got forced

into doing something karen brought this up last week. this administration doesn't seem to be focused on the stock market the bull's eye on the back is inflation and the first comments of powell after the nomination about inflation and which i find fascinating. i think they're focused on that to hurt the market in the long run. i don't think that fed putt is in place as much as people like to think that it is. >> karen, i missed that comment but you made note of the fact the force comment out of the box? >> yes it was quite clear he couldn't have been more clear. and then he did it the next day and then another president of the fed that came out and said the same thing and seemed rather interesting. let me say one thing about the fed put. if the fed does reduce the taper it is an acome dative fed.

right? rates are zero-ish and buying some if they reduce the taper and end in march it is an accommodative thread. i don't see huge hikes to 2.5 in the near term and so used to zero financing that now it seems like taking that away this is terrible i don't know that it needs to be terrible but people will flip out. >> we'll find out in the morning. for more on the print let's bring in steve liesman what are your thoughts going into the morning >> i want to know why guy said if we make it to january will something happen? i think we'll make it. i wouldn't worry about that. that's the first thing this is going to be a bad number and i will say this. be careful because economists do not have a good feel for really

predicting this economy. last month the print was double the expectations on the headline came in at 0.6 i think whoever said -- maybe guy if we have a 7 handle on this would not be out of the ordinary and the problem is not it's baked in. i think that's right the risk is what's not baked in here you have a wave of two things could possibly be happening. first one is waver of additional housing inflation. the housing costs out there not on the cpi look like they rise faster you also have another wild card with the used car prices and the auction rates strong there the other thing not necessarily reflected is wage inflation. those are going up you look at 11 million job openings tells me we have not reached equilibrium on wages and once we adjust the wages for the rank

and file workers might be another wave from the managers say if that guy is making this i ought to be making that. there's more to come i think that's behind what tim was talking about. i guess i did listen to all of it this idea that the fed is going to be much more hawkish coming to inflation right now and position themselves essentially to respond and why they get the taper done early and talking openly about two, possibly three rate hikes if you look at the pro probabilities. i think karen's right if that's it it is not that bad and talk about a 75 or 80 basis fed fund rate next year >> steve, i hate to play the hype thetd call game but we see

short squeezes in everything we do and something happened i think with jerome powell and said to retire the word transitory if that number comes in tomorrow really soft, low 6s, high 5s, the first question to get is did you retire transitory too quickly? how does he respond to something like that? >> i think he responds to it by saying i look around at the risks out there and the idea of risk management is a tried and true and traditional way for the federal reserve to run policy and i look at the risks out there and i say the risks are to the economy are to higher inflation. appreciate the uniqueness of the situation. we have high inflation and good growth and we have good earnings growth and exceptional profit margins when you look at profit as a

total of gdp we are at all-time highs. throw a question back at the group. if you knew six months or a year ago that inflation today was going to be 7% how would you position and make money differently? you would say i think that you would get out of the stock market, short the bond complex i think it's a unique situation of strong earnings growth and high inflation it is not that inflation is the only economic story out there. you have to deal with the balance sheet that's good for companies right now. >> the jobless claims number this morning remarkable. 52-year low. gdp, atlanta fed looking at 8, 9% for q4. does anyone at the fed think current policy is ridiculous and change it today if we could but we have to soften the market to

do so? >> jay powell thinks that. whoever said the first word is inflation i think a lot of folks have come to the conclusion that this economy does not need this kind of stimulus at least through june and the only reason i think they're still doing it is to give the markets time to ajust. if they had the druthers i know a bunch that would get rid of it right away they want to move this stuff gradually. what they're doing now and this turn about and came from the november inflation report which said two things. higher than they thought it was going to be and more widespread and the key. i'm going to look at the number tomorrow and look at the diffusion of prices out there. if it's a couple things i think the fed would say it's

transitory and will run off. that's why i think ultimately they're going to be more hawkish and try to do it gradually and get there. >> we'll find out in the morning, steve thank you. what does a faster taper mean for corporate bondholders. let's bring in chris white let's talk about the corporate bond market. >> thank you i think that that's actually something that the fed is going to have consider when they talk about implementing the policies for raising rates. they started to taper with direct bond purchases. they sold the purchases out in 2021 and tapered with buying treasury bobds and mortgage bonds and what this does is starts to change the value of corporate securities in the marketplace as people anticipate that the real interest rate environment is going to be

higher and therefore current corporate bond holdings lose value paying the low yields. >> it is karen if we get a hot number tomorrow, do you think the curve will move up and the slope stay the same how do you think this plays out with a hot number? >> look. i think that any time we talk about moves hamming in the marketplace and in close to mid-december i think everybody needs to relax in terms of what ibt means for the broader marketplace. things get choppy in december. traders are on december. people try to book profits to get paid i wouldn't overreact to the moves on the yield curve what i would look for is in the beginning of q1days. what i would look for is in the beginning of q1, what's the trading activity movement out of longer

maturities into shorter dated maturities because that would be an affirmation if people think that rates are going to be raised possibly pretty aggressively and they want to make sure they've got powder dry >> chris, it's tim thanks for joining us. you're also a credit guy two weeks ago, we had high yield spreads at nine and 12-month highs and while i don't think we're anywhere near a credit problem right now, ultimately, we talked about scenarios from two years ago. two years ago, we were talking about that large kind of tehran tehr of triple b minus that was on the edge did you see any of that weakness in the lower grade stuff a couple of weeks ago? >> we've had a year where where junk bonds have had a tremendous year in 2021

if you see a pullback, that's only natural here. we've seen double b spreads at levels we've never seen before, but actually, your question is a great one because the fed is in a really precarious position here because something we're not talking about is the wall of debt that is maturing from not only u.s. corporation, but there's about 72 billion in emerging market debt that's maturing in 2022 if the overall global interest rate environment raises or rises too quickly, a lot of these junk bond corporations or junk bond emerging market institutions that need to retire their debt in 2022, they may not be able to refinance at favorable interest rates, which could start to raise the default rates. how this impacts the u.s. markets is what we've seen is in this sort of area where yields have been really hard to capture for asset managers and pension funds, they've had to buy

emerging market debt in order to sort of hit their yield bogus and fixed income you remember what started happen when chinese real estate companies starting defaulting. lots of asset managers had significant positions. these are things the fed has to consider it's not just what's going to happen in the domestic markets they've got to think about just how broad investing activity has gone outside of the united states and how their interest rate policies are going to impact those companies as well >> yeah. deaf definitely throwing a large rock into the pond, there will be a lot of ripples thank you. that was great let's trade this, cdan. what are your thoughts when you think about new issuance, enough dry powder for now or will they sense the window closing >> i think that's a great point. corporate balance sheets are in a really good spot here. carl, you're new around here i'm easily the dumbest guy on

this panel any given night, but i'll just tell you this, man you know, steve liesman categorized the economy as rocking and rolling, but we threw like $5 trillion at this pandemic, right? why are those balance sheets the way they are, both business and consumer what i hear about margins, corporate margins where they are, they seem like it's a peak sort of scenario especially when expectations for rates are higher and all that debt we had that we have right now, i don't think rates are ever going meaningfully higher, but i also think growth is going to disappoint next year. if you think about goldman sachs just lowered their 2022 gdp growth below 4%. you know what we were averaging pre-pandemic after the financial crisis about 2.2% in q3, q4, they're expecting it to handle. that's where we're going back. we're choking on debt. corporate and sovereign.

growth is going to disappoint and it's going to be a tough environment for stocks when you consider the performance we've had over the last two careers and how much capital it took from both the fed and obviously the treasury and congress just to get here. >> all right that's going to be a longer, harder question to answer, dan, for sure coming up tonight, we're all over the after hours action in some earnings. oracle, broadcom, lulu, all on the move first, the bank by berkshire going public tethe's a lot more "fast mey on" afr is about the market the t. get decision tech. for insights on when to buy and sell. and proactive alerts on market events. that's decision tech. only from fidelity.

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nubank making a blockbuster debut today. shares jumped nearly 15% from the ipo price. >> nubank seeing the double digit pop shares of the brazilian fintech closing above $10 on its first day of trading after pricing 9 bucks of its expected range under the ticker,

nu n-u. it made its name as a challenger bank it's now valued at more than brazil's largest incumbent bank. this was a big milestone for the kbroeing cohort of startups in latin america. the ceo -- of how to build a high growth tech company there and attract high profile investors. nubank's preipo bankers include berkshire hathaway and there have been a flood of investors so far to that's a threefold increase just from a year ago. but in public markets, some of nubank's public comparisons have struggled lately take a look at a hot fintech

ipo. mercadolibre, stone. and a tough few months for some others square and paypal are also negative for the year after big years in 2020. investors have been rotating away from growth lately as you know, but those stocks also negative on the year carl, back to you. >> fascinating, thank you. tim, what do you think is this a brazil play or a fintech? is fintech universal in any country? >> it's the right question to ask. also the right question to ask and the right ipo to talk about when the brazilian bank raised rates. 700 basis points in the last seven of eight months because of endemic inflation and a concern. and a banging system that's been on the brink while nubank has a bigger market cap than the juggernauts down there, this is a bank that's moved ahead of so many banks not

only in latin america, but around the world nick valez understands the dynamic. this isn't just a tech story these are, this is getting folks their first access to credit cards, to bank accounts in the em world, this is a story of leapfrogging both technology and immediately arriving into a place where i think this platform will be very sticky for a lot of other fundamental banking endeavors, but also yes, very disruptive tech and digital access and et cetera this is absolutely a global play and this is a financial play because again, in em, so many people are underbanked and these people move a lot faster than the encincumbents >> look at that screen there the only one in the green. here's what's next >> the earnings keep rolling in. we're all over the after hours action in some big names the details are next plus, a crushing day for

crypto as the big coins head south. so what's next for the space you're watching "fast money" live from the nasdaq market side in times square. we're back right after this.

oracle shares are higher by about 10%. hey, julia >> well, carl, oracle shares shooting higher better than expected top and bottom line results. the company's biggest division cloud services grew 6% and the company authorized a 10 billion

in share repurchases you see the leg up during the earnings call. the ceo saying that revenue growth will accelerate she guided to 6 to 8% fiscal third quarter revenue growth in common currency and she said that full year revenue will finish solidly in the mid single digits saying that cloud bookings growing faster than the cloud revenue growth rate and they except cloud revenue will accelerate further and exit the fiscal year in the mid 20% range. she did note that cloud is a more profitable business than their own premises business and their margins will be better than pre-pandemic levels larry ellison, bullish as well, he pointed to the particular strength of oracle's autonomous database and also their my sql database divisions saying quote, because of their extreme high performance, both products present huge growth opportunities for a cloud infrastructure businesses.

so some positive commentary about the fiscal third quarter is what's sending that stock up now over 10% guys >> thank you very much let's trade it, guy. what do you think? especially in light of what's happened to enterprise software names in the last three weeks. >> guess what's now a cloud growth company yes, you guessed it. oracle 47% operating margins. now it looks like fusion, 8500 customers. revenue grown 35%. net suite, 28,400 customers. revenue growing 30%. it trades at a pretty much a market multiple. maybe a little bit north of that with growth that is just off the charts this stock should be north of 100 bucks off the back of this earnings release and i can almost categorically guarantee that analysts who have been behind the curve on this are going to raise their numbers over the next couple of weeks. >> meantime, broadcom surging.

that call's also underway. josh lipton has those details. >> so remember heading into this report, they were up about 30% this year. trading around its all-time high now reporting q4 results here. revenue, 7.14 billion. q1 forecast, about 7.6 billion versus 7.3 billion expected. bernstein telling us this was a solid beat gross margins good good dividend raise and the company announcing that $10 billion buyback. there is nothing here not to like, stacy says his rating outperformed. attractively valued. better control of the semibusiness less volatile software business. the highest margins in the space. on the call, hock tan saying enterprise demand rebounded sharply. strong wireless growth driven by the rise of next gen phones by apple. turning to software growing 8%

year-over-year, reflecting the strong enterprise recovery we are well positioned, hock tan saying, in every franchise market back to you. >> thank you let's trade broadcom dan, can you find any hair on this >> no, no hair on it another $10 billion buyback. we just saw oracle name that same number. again, here's a stock trading below a market multiple. i think the problem you have here is that the stock has rallied 23% in a straight line in just about two months when the stock was consolidating near 500 in mid october, you could say that was cheaper then and you had an optimistic outlook about maybe just dealing with supply chains bet eter. that was the time to buy i just don't know how you chase it here. one thing to extrapolate, why has apple been so strong of late they're 20% customer of broadcom here this is good for apple you draw a line for the march

lows you see a nice uptrend there there's a place to reload on this name. it's probably not here at $620 >> i'm watching your reaction off camera what do you think? is it too late >> dan, i wasn't shaking my head at you dan makes great points about the move the stock has and he made points the stock didn't do anything wrong the valuation, 18, 19 times, very cheap again, i just think sweet spot of data center networks, they, like marvel, prove they're less susceptible to supply dynamics i think they can do what they want here and yes, they are goosing the stock by buying back that gives you reason to stay in this name. secular tail winds for these guys, by the way they have trailed some of the move in the big data center plays and i think you stay with these as some of those get more competitive. >> last but not least, lululemon. hey, courtney.

>> hi, carl. yeah, the conference call still ongoing, but wrapping up turning in a stronger than expected earnings and revenue number for its fiscal third quarter. full year earnings guidance, ali a little light the cfo notes the company did raise guidance they also note that while there are several large volume weeks ahead of us, we feel well positioned to a strong end to 2021 revenue grew 28% north america 40% internationally, calling out china specifically for strength. total comparable sales growth of 28%. store growth grew 32% and when you're looking at the portion of online versus in-store, online was 40%. gross margin did improve to 57.2% and the cfo noted that mark downs declined when compared to 2019 shares are down here just about

2% after hours still up about 20% year-to-date. but fairly rich valuation on this one back to you. >> thanks, court a lot of cross currents on this one. you've got to dispute with peloton over moirror. let's trade it >> so, there's a lot to like the cross margin, that was good. so less promotional for a better mix or some of both. the full year guidance a little light. particularly since this quarter was fine yet the guidance didn't go up by as much as this quarter, but they might be sort of lowballing. all that being said though, you know, at 55 times and just trading at a less than 2% free cash flow yield, they're priced in for perfection and delivered it, but what if they don't it's too rich. obviously a great company. i wouldn't short it. it deserves to have a premium multiple

whether it's 2x, that's too rich love the company, but can't own the stock at this price. >> you in the same boat? >> love their products i won't get into great detail, but i think karen's spot on. you're looking for an entry point here you're looking for a place to buy it i think that comes in the form of the october 21st low, which if memory serves, was 385. that's where you get into the name >> we'll see what happens tomorrow coming up, ark invest cathie wood weighing in on twitter today, calling the social stock a sleeper. is this stock's performance a dream or a nightmare plus, the crypto carnage the major tokens take a leg lower.dot gonyer n' awhe. "fast money's" back in two digital transformation has failed to take off. because it hasn't removed the endless mundane work we all hate. ♪ ♪ ♪

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dropping more than 5%. ether down nearly 5.5. the two biggest assets on pace to end the week lower despite making a slight recovery from the wreck over the weekend bitcoin is now more than 30% off the all-time highs in november on saturday morning, that number was closer to 40 how much do you think is being

flushed out here in a good way >> if you look at the drawdowns in bitcoin over the last couple of years, 30 to 40% is almost garden variety going back over time if you look at the chart and you can draw an uptrend going back a few years, you could say down to 41,000, not bad. i think the conversation around bitcoin is really now more of a conversation about it being called the proxy play for the bloc chain and the dynamic around bloc chain that nobody is questioning. and certainly some of the financial institutions that we've been talking to. i'm sure they'll tell you they expect to be doing a lot of settlements are all going to be bloc chain bitcoin as the proxy, not a surprise to the extent that we're having a fed heavy discussion and concerns about inflation and less liquidity i think this has to affect the price of bitcoin and again, the people that trade it so not totally alone, but most

people holding bitcoin >> the technicians have said they've not been sellers going into this last quarter of the year and we've seen a lot of year end 100 k targets >> yeah. you know, carter braxton had a note out very bullish on ethereum he thinks it is setting up to a nice breakout. it's pretty staggering with eth up about 450%. you see eth consolidating here i think what tim was alluding to is a lot of the really interesting stuff in crypto related bloc chain stuff is going on with smart contracts right now. whether it be ethereum or solano ethereum is about 55% of the market cap of bitcoin so there's a lot of people thinking about nfts thinking about ways to unlock

web3 defi to me, i find ethereum very interesting. i like to have pullbacks on it because i like to buy more i have a longer term outlook not really trading it. i don't really think of bitcoin that way because to me, it really feels like that digital store of value digital gold and i was never a buyer of the gold, like guy >> we're going to talk about cathie wood in a few minutes, karen, but she did say this morning on squawk that if big, institutional money came into bitcoin over the long-term, it could add half a million dollars to its value >> to each share, coin, rather that's a lot that's clearly a lot of value. that would be 11 times from here i'm not sure where that comes from i'm a believer inthat in digital currency i'm a believer in bitcoin. in the idea that you know, currencies, if we just keep printing money, that could be

prop problematic and needing to have crypto exposure, as i do. as tim said, this is sort of a garden variety pullback. i don't know where that half a million, i hope to god she's right. that would be pretty amazing but i don't think it needs to go there for a lot of people to make a lot of money. >> that's for sure speaking of which, coming up, cathie wood betting that twitter stock is going to fly. are the traders buying that pitch? we're going the find out and cvs set a new high i've got some options traders piling in. we'll tell you how they're trinthna wn as money" returns

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there's a sleeper in twitter that we think most people don't understand what we're seeing is that this platform, which used to be dominated by tweens, teens and celebrities in 2012 when we first evolved our research ecosystem, has now evolved to knowledge workers. we find it essential at ark to engage with the communities we are researching and actually to become a part of those communities. this is a very powerful social network. >> that's ark invest cathie wood

speaking to squawk box this morning about why our fund picked up shares of twitter. twitter rising as much as 5.5% today, but if the stock's a sleeper, it's having a nightmare, down nearly 15% for the year now without its long time ceo, jack dorsey. dan, what do you think is she right is the stock about to pick up? >> she's right about the power of the platform. we've been constructive on the story, but the stock has hard. i was disappointed when i saw the news i don't think anyone was disappointed that jack left. i think it was probably time but their choice of the new ceo is disappointing when you consider their ability to come up with new technology, to better monetize, and grow their user base. that's it. that's the problem so i don't know why you would promote the cto to be the ceo of this company so i'm no longer in the name i think we're going to see lower

lows i think we'll see the stock below 40 she could be right if there's another evolution of this company, but they have been unable, i think they call it daily monetizable active users i mean, they are on this 200 million bound and i don't really see how they're going to be able to monetize it we've seen a lot of new products this year. they've gotten rid of some that haven't worked there's some interesting stuff, but i don't see them getting to a half a billion users based on those products >> those long range targets, even the bulls, tim, say is at risk they also point out that engineering fixes aren't something that get solved or show their worth in a quarter or two. >> i agree look, it was just that investor day back in february not that long ago. they said they were going to double revenues to 7.5 billion that they were going to get to

350 million. i think there's a credibility problem. and yet going into that investor day, the stock almost doubled. so i think there's a lot of investors that really bought into that and i think the rerating that went on was a mirage and they need to prove it >> guy, they've been through sort of the kissing machine regarding speculation of a takeover whether it's microsoft or salesforce we've all heard these scenarios being spun but do you think there's a likelihood that someone takes another fresh look at it given sort of the societal liabilities you'd have to put up with owning this thing >> i'm never been in one of those machines so it's hard for me to comment on that. i think the answer to that question is absolutely yes i think it's too valuable and asset in this environment. tim just mentioned the $7.5 billion if you start doing the math, at current prices, they're trading about five and a half times revenue. which if you look at it against their peers, it's sort of cheap.

i'm with cathie wood on this one. i think jpmorgan just came out and said they could see the stock doubling i think your point about m and a -- >> still to come, we're going to check in on cvs options. how one trader is betting today's gains may just be the start of where it's headed you're watching "fast money" live 're ckft ts. as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com ♪ ♪ ♪

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welcome back here's a sneak peek of the cramer cam jim is talking with a ceo of hormel you can catch that exclusive tomorrow i'm sorry, at the top of "mad money" in the next hour. don't forget, you can have cramer delivered right into your in inbox. check out cvs jumping more than 4% to a new record. they expect sells to accelerate in the new year. in the options pits, traders are betting that will translate into more gains for the stock hey, mike. >> hi there, carl. yeah, so cvs traded more than 5.5 times its average daily call

volume traders making a lot of bullish bets coming out of the news that the company was offering the most active options where the weekly 100 strike calls, we saw over 11,000 of those trading for about 11 cents that's a very cheap option 1% of current stock price, but what people are doing there is making cheap bets. the big move we saw today might continue tomorrow and if it did, those would be a ten probably a low likelihood. but we'll see what they're betting on >> thank you very much for that. karen, another big buyback from those guys this morning. although all retailers sort of struggling with this new era of organized theft and a lot of them are starting to lean on congress to help them fight back in these marketplaces where you can sell stolen goods. >> yeah, that's been a problem for we've seen it now with target i forget, there was another one last week. i don't know how we're going to solve it, but you know, that will obviously weigh on margins if some amount of your inventory

you get zero for so i mean, however, they seem to have a great handle on their business and karen lynch seemed very excited about, she is closing 900 stores so they're going to be able to be more efficient and she thinks without really losing any revenue, so that would obviously be a good thing. also, they're focusing more on primary care and you know, she came from aetna so she knows that side of the business well all that said, at 12.5 times earnings, a little cheaper than that, i want to own low pe stocks and i think this one's got momentum and with the buyback, dividend, it's 2% now i like the story so also last thing, 97 and change there's a gravitational pull towards 100. >> all right yeah, people like round numbers. for more options action, tune into the full show tomorrow at 5:30 p.m. eastern time up next, your final trades i'm searching for info on options trading, and look, it feels like i'm just wasting time.

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look, serena williams... matrix... serena... matrix... serena... matrix... ♪ ♪ ♪ get your tv together with the best of live and on demand. introducing directv stream. let's go around the horn tim. >> thanks, carl. car max. >> karen >> cvs thanks for being here, carl. >> dan >> visa.

growth at a reasonable price >> and guy >> mcdonald's, q >> thank you, guys thanks for watching "fast money. "mad mo "mad money with jim cramer" starts 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. i'm trying to make some money. my job is not just to entertain but educate putting context, teach, call me or tweet me let's talk about pain! >> the house of pain >> raw, nasty pain not the kind that stop