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tv   Mad Money  CNBC  January 10, 2022 6:00pm-7:00pm EST

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>> houndstooth >> listen, i don't know about the game tonight >> you're surprised i knew that. >> i know disney wins the -- disney, tis. >> thanks for watching "fast." "mad nemoy" with jim cray myrrh starts right now my mission is simple, to make you money
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i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now my job is not just to educate but to teach you tweet me you've got to do something s&p declined 1.4% and the nasdaq had a furious come back .054%. first, if you want to be a good investor you need to buy stocks getting low prices at least low the market was with all of this this very morning. you had to buy the nasdaq when it was public. in this case i think it could be wrong. maybe there are no call strikes but there are certainly missed opportunities. when you see a big decline, big decline like this morning in the nasdaq, it feels like a call strike nothing and then the market goes right back up. we know that many people like to
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buy a rising market because they fear missing out they're trying to buy high and then sell higher but sometimes they simply buy high and get crushed. the thing is if you buy now, you're buying low or at least much lower than where we were a few weeks ago. but that was because we finished the most ugly. my discipline is to look at the ugliest stocks the stocks that are down the most have really good companies and are doing some buying as sara eisen told you on closing bell today the leader on the down side in this market is starting the decline is adobe getting slammed this morning trading as low as $497 adobe finished up 3% to 525. i chronicled this today on
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twitter, believe it or not while this company is very profitable, its results were widely panned. since then big tech has been wobbling on january 4th ubs slashed the estimate for adobe and downgraded the stock and said it isn't making a comeback. i don't think that's necessarily true i had adobe ceo on this show after the company reported and i thought he said a lot of good things he dotubted that there was any slowdown i'm with him now it's true there were some lines that weren't perfect, however, adobe below $500 where it was at today's lows is a very different beast that was at $680 unlike so many other stock pontificators, it isn't factored in enough to people's thinking it's no shock that people talked about adobe. even if last week's downgrade was right we're now getting in on a high quality stock at a
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much better price despite there being no real evidence that the business deteriorated since they reported the court price matters. that's what you need to know when i say eyes on adobe price matters. reason to hold your nose and buy? smart businesses are taking action here which tells me that the lower prices are creating new bargains for other companies. there are two ways to value a company based on what investors will pay for a stock and based on what another firm might pay for the whole enterprise i told david favor it was too early to buy zixynga. i saw the stock plunge from $11 to $6 late last year that was that selloff that began right around the time of adobe i think the video game business is simply too competitive. but today take two interactive bought xynga, i couldn't believe it, 13 billion in cash and stock. that's a 64% premium for where
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it finished last week. well below where it favored. the nasdaq was high flying in the summer zynga might not be a lot to any investor take 2's ceo told us when i asked him about the deal this morning. public investors aren't the only buyers out there when a stock gets too cheap another company might pounce take 2 thought it slugged on the news plummeting. i trust straws he knows this business better than i do. smart people taking action a fourth consideration, when the stock market is taking the cue from the bonds then it's possible that the decline can reverse if bond yields ever stop rising we're all used to seeing stocks that can go straight down but bonds tend to over shoot in a particular direction giving short periods and then they correct in the other direction today we saw bond yields surge in the morning before going lower in the afternoon and
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finishing the session up very slightly that became a clarion call for traders to scout and come in and buy the dip. by the way, the scalpers really won today because when rates turned they continued to go down and that gave you that window to buy. now obviously the scalpers aren't the best kind of investors and traders. they do show you that this market's interest and sensitivity went up. anyone who thinks rates can keep moving higher simply has not studied the way the bond market works. same stocks got crushed earlier this morning will be up again tomorrow except this time investors will be looking to buy the dip, not sell it because they saw what happened today fifth, the stocks that typically bottomed first when they were in the decline, the food and drugs and consumer staples did well in the morning as we would expect giving yourself a sense not everything would be obliterated. you can pretty much count you
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can't have a bottom without it they're the ones that always bottom first i actually worried this time that the playbook for them bottoming wouldn't happen because almost all of these staples have supply chain problems or raw cost issues but the ones that reported keep telling me they had pricing power coming in and the consumer won't decrease the pricing increases. it's a place that is working when i say working remember i told you before the bottom it's working right now it's not where i want to be but it's working there are a couple of things that still disturb me about this market many of the industrial winners have yet to be coming down some did fall in the last two hours. we need them to go lower in the end, everything corrects in an environment like this. that's the last shoe i don't like how well -- two shoes. how the bank stocks are looking. coming in way too high with the earnings unless the ceos say we are predicting a major earning breakout because of the fed, i
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expect them to pull back these are bankers, not tech guys they aren't prone to make bold predictions. fintech, there is no bottom. you know i follow paypal, travel trust owns it. it's been a mistake. the decline in the stock is far reaching how low does it have to go before the sellers conclude it's not worth dudumping? the pattern in this part of the market is to rally off the lows and go higher. massively higher before coming in a bit between 10:30 and 11. if it opens up tomorrow it's very difficult to figure out what to do it's another reason why i keep stressing you need to do buying into the weakness of ugly days like today like my charitable trust did. so the bottom line, market opens down tomorrow you should look for something to buy but if it opens higher, hit pass remember, when an important index like the nasdaq trades at
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a three-month low you have to at least buy something that's being run out because they can't all be that terrible mark in connecticut. mark >> caller: yes, jimmy chill. >> yo. >> caller: i have a couple of stock picks. do a segment once a week do the math show us how to value different companies like say five nine you do one week. the next week you do a bank where you show us how to do the price to book. >> all right remember, a lot of what i do is try to be as accessible as possible i like that idea to try to figure out what the book value is versus citi we've done it a couple of times. i try not to bore people candidly it's hard to understand. i try to put some sugar in it. >> caller: stock picker's market right now. >> i have to try to educate. i took the bar exam, it was a dry subject to make it come alive. as far as five nine, you know
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that we have liked it, we have it and we think it's terrific, mark that's the one that zoom video tried to buy let's go to kate in georgia please, kate >> caller: hi, cramer. how are you? >> i am good how are you, kate? >> caller: i'm good. first i want to say like i've made several wise, sound decisions and there's a direct correlation of being part of the investment club. >> that's terrific thank you. that's great i want people to join. it's very important to me. so go ahead. >> caller: so a while back my son asked me what stock he bought, you know, i should recommend for him, and i liked isrg, intuitive surgical let me see if i can do a little bit more due diligence i was smart enough to come on the show and ask you about it and you recommended it as a buy and he got it and i got more of it, but it's gone down and i
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feel like we're moving well through the pandemic i know things are rough right now. i feel like things are going to get better and elective surgeries will go back up again. i'm wondering if this is a good place to add to my position with it >> yes, i think you've got it right, kate. that is a stock that's been hurt by covid because people don't go in and use the procedures because they're worried about getting it as this peaks isrg is going to be a stock that goes back up fortunately not that much off its high it's tempting which is a little bit more than 10% which is perfect. if the market opens down, you have to look for something to buy, okay? you saw it happen today. if it opens up higher in interest rates, start going higher again "mad money" tonight analysts are rolling. one name repeated among the crowd. i'm taking a closer look at uber and sharing if i think this is
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the stock to buy for the new year then this weekend sports betting became legal in new york state so could some winners emerge on wall street after the groups decline? i'll give you my take. and dexcom slipped i'm going straight to the source to get a read on an amazing stock and a great company, the diabetes equipment maker that i think is just so good, dexcom. so 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. 3mail to "mad money" @cnbc.com miss something head to "mad money".cnbc.com
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as 2022 gets rolling, this is the time when the analysts love to roll out their full year outlook. i watch them pretty closely. i'm looking for the best ideas for you. this year there's one i've seen repeatedly took me by surprise. probably you, too. uber technologies. now it's certainly a curious choice uber came public in that entire time the ride sharing stock, let's say it has been completely dead money in fact, it's down more than 3 bucks from its ipo but suddenly there's a surge of optimism for uber no less than 5 different sell sides have named this stock one of their top ideas for 2022. and you know what, i think they've got a point because this could be the year when uber finally works. by the way, it's very rare to see such unanimity from people who didn't care about it before.
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if you are worried i've lost my mind, i get that give me a minute i know i've spent the last couple of months warning you away from tech stocks with no earnings it's been hammered by the pandemic i'm betting this outbreak will peak sooner than most of us expect simply because it's so virulent the tight labor market means they've had to deal with a major driver shortage which translates into higher fares for their customers, sometimes much higher the headline numbers were better than expected. they had positive earnings for the first time ever but a few weeks later the federal reserve got hawkish. they turned against unprofitable growth stocks. where they have the numbers and ebitda and that leaves us to this one tumbling from the mid 40s to the mid 30s so uber doesn't really fit the pattern of the kind of stocks i've been telling you to own so
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why the heck am i pounding the table right now? all right. let me give you the bookcase first off, this is a well-rounded business for the first time that i can remember the ride share division was doing well but their delivery platform was horrible. really struggling. at the same time the online delivery services were all locked in a bitter struggle for a market share that made it very difficult for any of them to make money then the pandemic made money while there was great business for delivery, it was all for the cab business because there was nowhere to go. everyone was scared to get into the cabs if we can finally beat covid this year which is what i expect, then the ride sharing division will be in much better shape. you can't think about it now, look to the future it's changed radically the few remaining operators are predisposed to business. these numbers are pretty telling. 2019 uber eats lost 1.4 billion on a 1.4 billion revenue number.
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in 2020 it exploded to po3.79 billion. for the ride sharing business, it's all about return to normalcy one reason it's spreading so rapidly is many people are living their lives as normal the shares rose by 62% once the omicron wave peaks i bet those numbers get even then there's a division you know i've been focused on i've had the ceo of it on. i think it's going to be a major contributor, maybe next year, not this year. it's uber freight. trucking is a huge part of that.
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it makes uber freight more central than ever. they just acquired trans place it brings the business much closer to profitability. it should break even by the end of the year and next year will be a major probability uber's already profitable on an ebitda basis on a moment when long-term interest rates are rising sharply and maybe as many as four, could be five rate hikes, investors have no patience with money losing companies uber's pivot is happening just in time. if you look at the analyst estimates the company should be able to generate 1.4 billion, here we go, in earns before ebitda but they've never grown to 3.6 billion in 2023, 5.4 billion in 2024. in terms of actual earnings per share, it should become positive
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i think companies that break into the black are meaningful. third point, this stock got hammered by the growth selloff and then it bottomed in mid december it's been holding up better than the true high flyers what turned things around? on december 14th the ceo revealed that uber had just recorded its best week ever in terms of overall gross bookings. while they haven't fully recovered from the pandemic, the ride sharing business had its best week since covid hit. delivery had its best week ever. this is a really good sign uber reports february 9th. then they hold investor meeting, february 10th, my birthday, very significant. they will paint a positive picture about their company, not about me finally we're starting to hear positive chatter about economists driving in. this was initially when i dreamed about uber, what was a big difference maker when they
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got rid of the drivers that turned out not to happen. now it's getting to be on the cusp of something big. i don't want to bet on it specifically because the headline risk is enormous. it gives you a nice long-term kicker it's finally there uber would be profitable if they could start cutting drivers out of the equation. when you look through the bullish analyst reports, they have a similar set of arguments. they love how it's expanding into groceries they're salivating over the profitability. they see uber as a play. getting over covid should help solve the labor shortage they like that uber is cheap i've been telling you avoid stocks that trade in multiples and not earnings it trades at three times sales that is a bonus. remember, this is one of those stocks where when it pivots it should pivot big, not like this, but like this. here's the bottom line
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uber is not a slam dunk. you still have a regulatory risk and omicron risk i think it's reached the point where the positives outweigh the negatives. you've got my blessing to put on a small position of to buy uber. i expect the investment to be a month from now to be a major positive catalyst but i like uber stick with cramer. >> announcer: coming up, states are getting much comfier letting fans roll the dice and cramer wants you to play it smart odds are you'll want to see what's next on "mad money.
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morning online sports gambling officially became legal in the state of new york. while we had legal in person sports betting before, it was mostly at a few casinos and we have more online sports betting. draft kings, fan duel, caesar's sportsbook and new york is now one of the most popular states to legalize sports betting we're talking about potential for millions more customers. as i watched it this weekend, i don't know about you, it struck me as being bearish. pen national was the worst draft kings which is the most highest betting bureau those are the group group. it's high.
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the industry is just too darn competitive. too many players competing for too much business. then they started taking this personal sports betting and they already launched five others bally bet from bally's, wynn interactive, resorts world which is a subsidiary of a malaysian company and points bet full disclosure, nbc universal, cnbc is an investor in that. gamblers can wager on the last week of the season and tonight's ncaa game between alabama and
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georgia. the other five are still going through the process. they're all expected to come fairly soon. as we watch the launch, the thing that stood out the most was the plethora of deals that were available from the get-go there are so many pro possessions it's ridiculous. caesar's offered $300 then they matched betters 100 initial investment draftkings is offering you to bet $5 on any 18 nfl bet meaning easy bets with no point spread if you won you get $200 in free bets pick the buffalo bills over the jets you pick the colts you know what i mean fan duel's big promotion involves the ncaa promotion. you can bet $5 on either team to
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beat the team. if your team wins you get $150 cash payout. of the four, bet river had the least attractive promotion if you put that $250 you can gamble 500 these deals didn't stop with the initial bonuses. many continue to offer sweetheart options in order to be able to acquire new customers. on saturday caesars had this deal where you could bet up to $25 on the new york knicks sposp scoring a single point the knicks are bad but no team is so bad that they can't make a single basket draftkings let you bet $25 on the jets or bills scoring a touchdown and they're making the same offer for tonight's ncaa championship touchdown. obviously there are some
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caveats. most of the winnings aren't actual cash. they're credits to make bets on the platform you need to make another bet and win in order to see real cash but, man, when you look at the overall situation, these online gambling companies are throwing money at people to win the market share there are five more books that haven't started yet. imagine the deals you'll get when there are nine. on top of those promotions all of these outfits are spending a fortune on advertising new york is just not a cheap media market you can argue that these promotions all work. we're talking about temporary up front costs to earn long-term customers. tom reed was on "squawk box" this morning and he said they had almost 1 million bets in the first 39 hours caesar's is most generous in terms of promotions. i have to wonder how much they used to lure in the analysts these plays are selling out all kinds of customers to bring in
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customers. they have no loyalty if there are eight other players, why wouldn't you keep switching until you used up all the best deals on top of that, tax rate for online gambling in new york is astronomical they're taking a 51% gross revenue. not earnings but revenue and that's on top of those $25 million licensing fee. talk about racketeering. on the subject of illegal activities obviously there's a huge black market gambling business and there's no telling if that will go away remember, most bookies will give you credit the down side to what happens if you can't pay. i like the fact no credit for these sites because people could do a lot of things i think would be irresponsible earlier last year there was a ton of optimism about the scale of online sports betting as we see what the reality looks like, there'stons of competition for market share little in the way of profits too bad, profits are what this market wants right now that's why every single one of
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these stocks has been obliterated. the trajectory looks a lot like what happened to the cannabis stocks years ago cannabis is still waiting on legalization at the federal level. after canada legalized it, all of the cannabis sales soared we've got to see florida, texas, california they're not open yet that can be terrific we know there will be last-minute standing before you can think about buying the sports gambling stocks, i think we need to see some consolidation we need to see some companies being taken out. we think the gaming companies with physical casinos know the advantage. they have the infrastructure draft kings has it and fan duels has the majority another one to watch is spac sports entertainment acquisition.
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it's a super group the whole purpose is to run up the industry the bottom line, until we see fewer commercial deals and fewer m&a deals, they're very difficult to own even as i am tempted, as i said last week, about penn nat and draft kings adam in ohio adam >> caller: hey, jim. love the show. thanks for taking my call. >> thank you, adam what's up? >> caller: my question is recently one of your investment bulletins you mentioned this stock that's, quote, dead money. i was wondering if you could provide a little bit more clarity on what you meant as well as with my cost basis of one on one, any guidance what i should do, buy, sell, or just hope to break even my stock is wynn. >> yes, i did. i was very critical myself of wynn i was beating myself up. i would have put the post-it on my forehead with wooiynn.
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i didn't know about omicron, delta and china would crackdown. we have to see covid end and china relax maybe after the olympics before the stock runs united states doing very well. the ceo retired which i didn't want many, many things have gone wrong with wynn but i still think it's worth considerably more to someone else, not unlike wynn -- look, remember, until today we didn't think that take two would have a lot of value when we looked at what happened when they went to buy -- oh, man, this sucks. went to buy zynga. if someone were to buy wynn, it would be like someone being bought by take two that's what you have to hope if you are wynn hope shouldn't be part of the occasion it's not too early to get wynn it's just not this one i think these online sports
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betting stocks are too dangerous to own but they are trying to bottom we are seeing consolidation and fewer promotion deals. they are like wynn which is one of the companies we just mentioned. there's much more "mad money." dexcom, i'm talking the latest with the ceo then coaches across the nfl got the chop today some warranted, some not how is this compared to the stock market and how to help you make money and the lightning round so stay with cramer.
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the last couple months have
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been just brutal for stocks. dexcom, the maker of continuous blood sugar monitors that transform the way people manage diabetes this is one of the greatest growth stocks. running from under $60 to the end of 2016. $659 last november thanks to the drug apocalypse it's plunged to $462 and change. today they presented at the big jpmorgan health care conference. it's in line with the estimates, issued conservative guidance in 2022 i said this company under promise and they over deliver. wall street's not inclined to take any chances and therefore the stock tumbled 2% it was down much more than that and rallied in the close can this be a buying opportunity? let's check in with kevin sayer. welcome back to "mad money."
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>> good to be on, jim. >> okay. so i've got to tell you, it's a little bit of a letdown. i read what the standard care is even after all you've done the standard carey mains the finger stick in. >> well, by many people it is. jim, i think we've shifted that largely in the insulin using community. in the nonintensive space we have a long ways to go. >> that's important. you talk about access and awareness. listen, i see the commercials at 5:30 on cnbc i come back because i do work with other health issues the lack of awareness shocks you. when you see a great product that is not yet in the marketplace well known >> no, and it happens all the time i have told a couple of stories. i have a bunch of friends in my fantasy football league.
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they saw somebody wearing a dexcom they told the story of what they had to go through baecause their doctor didn't know who we were we have to do that. >> how do you get them to understand it could be good for all types of diabetes? >> we've done a lot of things. we have a study we talked about, the mobile study where we use the product on people on basal insulin only saw the same with intensive insulin management we've seen our type 2 studies show massive reductions. one of our companies work with welbot i referred to this study for people with an average glucose value above 180. they put them on dexcom for 24 weeks and the average reduction was 54 points. no drug can do that. that's a tremendous win for us it's creating a body of data it's getting some people to take
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some chances and pay for it. jim, we're just trying to push all the buttons to get there. >> when i saw you last, which was of course before covid, i thought that the size of the actual product was pretty small. the new one, the 76% reduction from what i saw with you last. >> 60% reduction from the g6 it's a little bit bigger than a nickell. little bit smaller than a quarter. little bit thicker you don't even know you have it on your body that will open up doors. we're very excited about this product. >> how is it possible that this epidemic seems to be accelerating when we do have awareness of diabetes itself what is happening that this thing is still exploding >> it's just lifestyle and a buildup of poor habits over a number of years. a lot of it is genetics too in all honesty. i meet people who just have this history of diabetes and type 2
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diabetes in their family and it doesn't go away, but i think where we can make a big impact as this is exploding, by giving people the information when they first get diagnosed, they first start treating this saying, look, here's what you need to do to keep this from getting worse. that's where we can have a big, big impact in the future. >> i would have thought with covid where i keep hearing, all of us have heard could morbidi diabetes you would think people would say, look, maybe i have to change my lifestyle because i can't afford to have this disease and then contract covid. >> well, that is one aspect. i think for us the comorbidity in the covid environment has been the use in the hospital the hospitalized number of patients with diabetes, particularly type 2 diabetes, has been very big. that gave us a window to get our product into the hospital and start gathering data
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we're now running a pivotal study and we can get it in and make patients and caregivers lives much better for everybody, not just these places where we've gotten the exception and the ability to go in. >> one last question i was surprised at how lacking in penetration you are internationally. anyone says this is packed out it's not packed out domestically and internationally hasn't started yet. >> no, we haven't, jim we have to build infrastructure over there we have the right products coming over there. one product we're launching. g7 will launch first in the international markets. we've made it much easier for international patients and physicians to get onto the system we need to keep pushing there. it is a very, very key strategic
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goal >> look, congratulations the stock price does not reflect all the good things that you are doing. the market doesn't like this stock right now. you and i have seen that many times in the past. you buy it when they don't like it great presentation today thank you. >> hey, thank you. >> okay. fantasy football kevin sayer, chairman and cceo f dexcom don't freak out that the stock is down because people don't know about it. "mad money" is back. >> announcer: just chill out >> is this chill master? >> the chill master is in the house and he's happy. >> announcer: the lightning round is coming up when "mad money" returns
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it is time it's time fosht lightning round. and then the lightning round is over are you ready, skee-daddy. let's talk with jay in arizona jay? >> hi, jimmy chill how are you oing >> i'm doing well. how about you? >> caller: great i have a stock i've had for a while. it's in phase 3 and it's at the bottom of the scale. i would like to know where it's going. the stock is called veru >> very important breast cancer indication they just got fast track
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designation by the fda 5 bucks. made no sense it didn't go up. how about we go to mark in north carolina mark >> caller: hey, mr. cramer >> mark. >> thank you for taking my call. s . >> of course. >> caller: i'd like to ask you about nio. >> no, not recommending any stocks in particular i don't like that stock. they're people who want to speculate all the time on china. this is a different kind of china. it is a communist country that does not favor capitalist development. let's go to rolland in virginia. >> caller: thank you, jim. thank you for taking my call. >> you're welcome. >> caller: southeast asia super app that has over 670 million users, ticker symbol grab. >> we thought that was interesting when we look at it it literally is. it's gotten much more than uber.
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delivery it's got everything, food, market i like the stock i like it. we liked it when we looked at it let's go to zachary in new york. zachary. >> caller: hi, jim happy new year to you. >> thank you same to you. >> caller: yeah. yeah of course. i'm curious your take on the stock international paper -- >> cheap stock but always a cheap stock. i don't want a stock that's always a cheap stock i want a stock that moves higher let's go to john in indiana. john. >> caller: boo master of the closing bell how are you? >> i am good thank you. almost what's up? >> caller: mark global holdings? >> i've got to relook at it because this is involving smart phones and smart phones are under pressure here and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d. amer ameritrade coming up, it's firing season for nfl head coaches.
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which stocks should be on the chopping block of your portfolio? cramer has more next ♪ ♪ ♪ ♪
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they came this morning, didn't they? the ones that aren't there yet regardless whether they might be building something big talk about how the miami dolphins booted their coach. bears fired matt nagy and they cut loose mike zimmer. ing this is for all coaches who disa point their ones owners faced blackm monday and the organization blows out the losers i bring this up it's very reminiscent of what's happening
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in the stock market. there are some true losers who deserve the boot, many didn't deserve to be fired. maybe the teams are worth picking up and maybe the owners were impatient that's how i look at some of the stocks that got tossed out today. just like many stocks this morning, i think some of these fired coaches were actual win winners. my feeling has always been that if you want to be a dispassionate stock picker you need to leave the stock universe to find a new perspective on your portfolio let's consider these football coach firings as a learning lesson starting with mike zimmer. he coached the vikings i think zimmer's analogous to the kind of stock that's been losing for a long time and should have been kicked out of your portfolio ages ago. if you own a stock who has been a serial under performer, that
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stock should be sold the coaches of the bears and broncos. after three seasons each, i'm not sure you've had the time to consider the merits of the firings. if the stock hasn't delivered in three years, would you buy it? would you bet on the broncos and bears to win obviously not. the possibility that teams might do a lot better without the coaches. well, i don't know they don't have a lot of talent. pretty slim. then there's brian he was actually turning his team around the last two seasons were winning ones i liked that i'd be glad to be the head coach of the dolphins as they have gone from laughing stock to genuine contenders you want to find stocks like the dolphins who fired flores. the team may be on the come. now you might say who needs these teams when i can buy belichick and the patriots or reed and the chiefs? the answer is that unlike the stocks i've been talking about,
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those stocks have not been obliterated. these teams that fired their coaches, they're cheap the good ones rarely give you the evernticing entry point. you want to find other good merchandise but at a better price. one of the themes of tonight's show is price matters. that's why we like the stocks that are similar to the miami dolphins, ones with the impatience of sellers. one like marvell technologies. the portfolio managers got scared and they acted impulsively and booted it as if it were a bad company not like a wounded stock. it feels like a stock i talked about earlier in the show, uber. its stock got crushed late last year think about coaches rightly and wrongly fired today. you have true losers that need to be sold in your portfolio you have ones doing okay, not really improving
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too tough to own in this downturn if you get a chance to pick up an improving team that's all set to buy because it got sold out prema toorlly, one with a winning record and sales earnings, that might be the merchandise worth buying i like to say there's always a bull market somewhere. i promise to try to find it for you right here on "mad money." omicron's crush of the workforce. i'm shepard smith. this is "the news" on cnbc the great american sickout. >> we have the usiness, we don't have the staff that's really frustrating. >> staff shortages from your pharmacy to police department. what the two vaccine makers are saying about a fourth shot and getting people back to work. testing centers shut down, schools closed, not because of covid but the cold freezing t

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