exiting now mexico consumer business as they have been doing across asia in some markets in europe, ahead of which was announced last year. up about a persont in after hours off bad news,which will be interesting to larry more about within they report their earnings, which is on friday but we are out of time today on closing bell, thanks so much for watching. "fast money" which starts with sarah starts now. >> tonight on "fast," we are trading the tech takeoff the big guys like amazon, meta, apple, all ripping higher while multiple names, peloton, docusign, is the tech on shake shack, sizzling hot, the stock 13%. i just spoke with the company's ceo. what he says about the future that has investors licking their lips later, we have a guest trader, taking the mound, why she thinks this regional bank is a total home run

we'll bring you the name welcome to ""fast money", everyone." tonight's trader lineup, tim see more, pete najerian, it's good to be back with you guys let's start wuf a be right backing news out of biogen it's trading sharply let's go straight to meg tirrell with the details meg. >> reporter: hey, sarah, biogen falling after they said they are going to narrowly or proposes to narrowly cover the company's alzheimer's drug to have approved clinical trials this is a much narrower reimbursement coverage position than the folks that watch this company in this space had been expecting. investors in biogen have been hoping for, they're down more than 7% on this news, cms holding a call, explaining its decision saying while there may be the potential for promise

with this treatment, there is also the potential for serious harm to patient was. biogen already out with a response to this, saying the decision will significantly limit patient access through an fda-approved treatment, especially for under served patients biogen is the first drug and only drug on the market with this in this class of drugs target aa.m.eloid black in the brain. sarah, back to you >> yeah, down about 8.5% after hours. meg, thank you tim, what itself your take on the biogen news? highly anticipated announcement. >> well, sarah first of all, a rare treat having you here thank you for joining us look, i think the story for biogen is a story of you know first of all this news announced

aduhelm has now ultimately traded well through share price. i think biogen was 2.70 a share when the news was announced the fda approved the alzheimer's druchlth an exc drug. lack of convincing do you that, lack of doctors ready to prescribe it and monitor it and obviously the price point. on some some level this has been an albatross for stock. the biotech companies and ibb overall, so this news, not a big surprise interesting each incremental news flow was more negative for the company than they had announced this drug. >> remember when there was that takeout rumor from samsung, pete, they were going to buy biogen and samsung came out the next day and said, no, that's not happening. here's another blow to the stock

and i the ibb >> you are 100% right. i was on that night. we saw that news and the stock price to the upside. i started looking at biogen a little closer. the amazing thing is how low it trades at right now. it has a good pipeline and categories you want to put it in the news tonight not good. they're pressuring it down near 52-week lows, close to multi-year lows at this point in time it's just amazing. you know what, this albatross as tim called it, this is something that's been going on for a long period of time with so many different companies that have tried to get the cure for or treatment for alzheimer's in anyway, shape or form. unfortunately, once again, this is tearing up the stock. so it's frustrating, i'm sure. it's frustrating for all of us as investors as well but this is exactly,

unfortunately, the kind of news that makes you want to shy away from some of these biotexts for a while because of the fact we know this can be this dramatic in terms of the stock. >> moving fast as we speak, down over 9%. mike, does it get interesting? or are you always staying away >> yeah, i think the situation what you ought to be looking sat is that multi-year low that pete was referring to i think the stock got down below 217 or so, two-and-a-half, three years ago. that's kind of the landfall i think if it breaks through there, then i'm not exactly sure ben when the next stop would be. the point we heard is the company is not as particularly expensive on a trailing basis. it might make it an interesting trade on a bounce, i would use calls to do it i would you also also say if you wanted a more diversified measure of exposure, we capture it with ibb would be the way to no >> which is down for the year around over the past year.

we'll turn no you to china's wall of worry. a third city entering lockdown authorities imposing tough restr restrictions cocontain a bicker outbreak major manufactures shut down dozens of in-flights cancelled as the global supply chain has disruptionles. all of this as the real estate budge threatens to pop in the evergrand default. take a look at the action stock. china tech, cheesecakeing off all these fires, climbing more than 3% the technology stock i mentioned on fire, big names starting in 2022 with a bang, all blazing higher china crushing it despite the wall of worries. is this a trade you want to be many, karen, is all that bad news already priced into these names? >> i don't know if it's priced in baba i sort of particularly sense it, because i lost money in it and sold at about 195,

which seemed like a good sale. but nevertheless i lost money in it i feel i can't fight that unknown of what china government crackdowns could b. it's not surprising that it bounces, because it's so cheap. there is a lot to like about it. i can't get back in. the thing interesting about china, though, with the things you cited, the lockdown all of that i see names like nike, like a starbucks that do significant business in china. i think that's what's weighing on them. we may see more of that we might see it in the luxury space i don't know where else. but i think that we will see it and so i've kind of stayed away. >> tim, i know you have also invested on some of these china-focused names jb jumped 10.3%. is this a sign things are turning or do you just not have that visibility yesterday?

>> well, jd was relative last year, not seeming to be in the crosshairs of the government on some level, not that national company that really is at risk from the regulator i think if you look at, first of all, the china story overall, i actually think we are starting to see a thaw on supply chain dynamics i know there is a crackdown. you will get cpi numbers out of china tonight. cpi is expected to come down almost two percentage points i think the worst of the covid disruption, even in the face of this one step backwards is to the market's advantage ultimately, for investors, ken pointed out, ali baba, i think they report on the 29th or 30th of january, absurdly cheap relative to itself obviously relative to other globl meg go cap companies 13 times this year 12 times next year you had slowing gmp growth

there is a story of a major investment period i think they will slowdown this year. the company is spinning off assets it comes down to do you believe big brother is going to continue to put the pressure on ali baba. i don't think the pressure is off. but this outperformance over to the k-web by 15% of the last month i think is a sign that at some point stocks get too cheap and this is one that i think is too cheap. >> there is the concerns about regulatory issues, big brother, as tim says. there is also concerns about the property sector as i mentioned you have been pretty bearish here expictureing a credit event. is it something investors aren't already alert to >> well, i think that's a part of it. you know the narrative i think for a lot of these tech names has been that basically we were concerned about chinese government action in that for dd and didi and baba and the big

constituents of k-web, that's been the issue but i think karen's point is one we should be paying attention to evergrand is not the only problem on the real estate side in china right now because there is a lot of e exposiev to that from sort of that burgeoning middle class, we have to expect there is going to be basically carry-on effects. if you were anticipating, for example, increased market share in china and that was a big part of your story, then you'd have to call it into question i think that is also a part of the story at least when we talk about baba that gmb tim was talking about, if we think it was going to metastasize and hit chinese consumers, everybody that's playing for a real explosive growth there has to question a portion of that assumption i think that's a part of the story. i also think as long as we don't have clarity on what the chinese government will do, these are highly speculative for many i think it's a no

touch. >> so, three out of three, not into china, not into biogen. pete, is it any different from you? >> well, the bun thinone thing say i view this story as regulatory issues. we seen that play out over the last couple years. i think that's the thing for investors outside of china, it's very disturbing. it's something i think a lot of us have to view, hey, look, it's a no touch in terms of invest. think it is a touch in terms of trading. mike and i being options guys, it's options trading all the time can i tell you this, after everything we have seen over the last couple of weeks when everything is really, really short term in duration of what they're bike everything is sa week out two, weeks out, maybe out to three weeks. now today in the last couple days, we've seen some interesting option paper in there in the fxi where they're actually going out and melco, they went out a full year.

so buying a little extra time to buy time to see will this play out to the upside? from that perspective, i am in, i am only in on calls, i am not in any stocks in china >> one out of four then. here is a counterargument, tim, i'll start with you. these stocks have gotten really beaten upen the reg thattory concerns, on the property concerns when it comes to the lockdown and china zero tolerance for covid, which is weighing on the growth rate, if you think omicron is the final chapter of this pandemic, like we pray and we hope and a lot of experts are saying that, then eventually china has a big reopening story to come here, because they had lockdown in the way nobody else has and that's held back their growth rate and that could be a really bullish factor. >> i agree i'm claiming to be two out of four not just pete. i think you have a case here where a lot of the worst is over

you j you pushed me over the top, i'm taking credit, because, no, it's okay. i think this is a case where we have seen china, look, remember, in the summer or june/july of 2020, remember nike was giving us their outlook from china how they were starting to see things turn starbucks was doing the same i think the travel mobilities, pete mentioned melco, those are not reasons. so the inability is a reason to buy these stocks you are not buying them if you are worried about license re renewals i don't think they will go after malco, or las vegas or any of them i can't ultimately judge that. that is a calculus a lot of investors are fearful of at this point i think u.s.-china tensions will remain tense i think there is a lot the two sides will focus on in the next six month, including covid and

climate change i think a lot will get better. a lot of u.s. stocks and china adrs folding up shop, china mobile, you can only buy it of there. that is a big issue. i think there is a lot of consternation there. >> let's turn back to the u.s. it wasn't just china tech stocks the nasdaq gaining nearly 1.5% the best day of the year so far, titans, amazon, meta posting solid gains. look at the higher multiple names, pell lo on the, docusign and block outperforming. what do you make of the tech action it was actually the best week from christmas week? >> to me, it was they were oversold by the way, i didn't thank you for the double header. not just the years of hosting the show back-to-back double head,. so good endurance. >> it ismy pleasure. i love you guys. >> we're glad to have you.

>> so i think it was kind of oversold i think the underlying conditions of we're in a fed environment they're going to be raising and multiples will come in we have inflation that will keep the pressure on the fed, even if inflation slows down, which i think it will. i think that bigger picture of a rotation out of the high flyers, maybe they'd come in a little. that doesn't moon they're cheap. stock is down $100 it doesn't mean it's cheap so i think there is still more to that trade. we haven't really saw four days of rotation. i feel there is a lot more of that in 2000 when the internet bubble burst that was a much, much bigger rotation i think we're at the beginning of it here >> so you winon't be buying the higher growth, the higher multiple name, would you buy on the weakness we've seen lately >> well, i'm long google or alpha bet.

i'm long facebook, long apple, long microsoft much bigger bet in google and facebook i think of those as value, the elder statesmen of tech. really if you look at the cash flow, the margin, the earnings, you back out the enormous cash piles, i this i they're value stocks >> yes some people think value. some think defensive, mike, what do you make of the rebound that we saw in the nasdaq names for both groups? do you think it has life >> you take a name like alphabet, or you take a name like microsoft which is clearly a higher multiple. but in either case, i think what you are talking about, it's not value like an egg static type of a way. it's value in growth in a reasonable price kind of way i think those are good places to be when you can buy a name like alphabet out of the low market multiple with a rock solid balance sheet and obviously tremendous pre-cash flow, we're

talking over 40 billion and you know a good growth rate, to me that seems like kind of a no-b no-brainer some of the higher stocks, we have an fomc meeting in a couple weeks here, i doubt what you will get is an all clear for what i would otherwise have to describe as fairly speculative types of stocks that were frankly in many cases trading on a pandemic frenzy as much as anything else. that joepg ti don't think that y will return. i have a hard time people will run back to pell lo on the here. >> despite the tech turn around, our next guest is warning. the chief market strategist, tony, it's nice to see you it's interesting because i don't usually think of you as very cautious i think of you very bullish generally and optimistic as a strategist so what's different now for you? >> i like to wake up that way.

if you look at open longer term, i am that way. ultimately, you know the market correlates to earnings unless you go into a negative position, that is positive it shut down the availability of money, you do want to be a buyer. the question is when do you not necessarily want to chase and as you know from the "closing bell," it's nice to have you on both shows as you know from that show, we found it that it's up 25% in a calendar year since 1980 it's always, each time it's had, it can always be different this time but each time it's had a correction it's a median 5.2% correction early in the year. so our whole tactical policy into this year was to get the market to come in a little bit and maybe attack it as it got oversold using some of our key indicators >> are we at that point yet? do we have a multiple? >> no, it didn't, so war down

2% your median gauge is down 5.2% what we use i say openly to the team, they know over the years, i use a percentage of s&p 500 components as a guide. that didn't get oversold how bad it felt yesterday morning. i used the vix the ten-die rated vix. when it gets over 50, there is too much volatility. i know pete and i have talked about this before. so you can get a balance clearly you are getting an oversold balance i think this whole story on rates has become very interesting. somehow the market participants, people like me come on tv. the fed who is about to stop buying on this, is going to raise rates four times even though they're still buying bonds in the middle of the year, people are saying they're going to dwindle down the balance sheet. maybe that can happen. why would you still be buying bonds two or three months in front of that. so later in the year that may. my whole point is i think that

expectations by the fed maybe has gotten a little ahead of themselves, which allowed for an i don't have sold balance in some of these tech names. >> so what do you do with all of that the volatility and uncertainty on rates where yields are moving. as you say, more downside ahead because of some of the levels on the vix? where do you want to be? >> if you are looking at a 5% downside, it means if you have cash to deploy, honestly back in october into closing bell, how things is banks, cranks, shanks, the industrials, the materials and the energy now they have become extended. we also found over the course of the last two years and got back to the great recession to make it, to look at it again, but when the russell 1,000 value has outperformed the russell 1,000 growth to this degree on a ten-day rate of change, it reverses it happened yesterday, tear it forward to today

it could continue for a little bit. but eventually, we do want to be long more cyclically those names throughout the year. >> and finally quickly, we're about to turn to earnings season does that change the trajectory here >> the good question, our margins will be impacted by inflation. we've done a study that showed that margins don't peak on a macrolevel of course, companies can be affected, from a macrolevel, margins, s&p operating margins do not peak until the end of the cycle within the top line begins to slow. when the top line is still growing pretty well, you can pass along, you can pass along the price increases. so if you look at the correlation between s&p operating margins, one of the best correlations actually afternoon inverse correlation is to the unemployment rate when the unemployment rate peaks or bottoms and begins to lift. it means that people will spend

less money, that shortfalling revenue ultimately leads to a compression of margins but until then, i think you know we should get upsided earningles not just from too much expectations of margin pressure but the impacts of buybacks. >> tony dwyer, always great to check in with you, on closing bell and on "fast money" >> great to see you. have a great day >> let's trade this, karen what do you make of tony's call on the market? >> i kind of agree with him i think, which is that if he is saying, did i interpret it right, sort of a short-term negative in that he doesn't think things are oversold. i do think there is names to buy out there that you know something that's sort of like a walgreens boots that's not so, the pe multiple is cheap i think that fed-ex, which, you

know, has been in for a long time, it went up north of 300. i didn't sell it i think it's cheap here it's good to on the banks are good to own. the only thing i don't like about the banks is that going into earnings when the stocks do well, people are usually disappointed with the earnings so they sell it off. i'm not going to trade on that i'm long banks going in. i know this will happen. it happens every time, just about every time i look at it in the long remember the i think i want to be in the banks. i think there is great value there. >> up 6% for the year so far next, up, up and away, boeing shares, what is behind the takeoff? details next a dose of retail therapy for you straight ahead we're going shopping and some of the names seeing bigger moves higher here. that and more when "fast money" returns. you need to hire. i need indeed. indeed you do.

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it was the 11th straight month the company reported positive results. when you look at the numbers for 2021, definitely an improvement. here's what boeing reported net orders on an adjusted basis 535. deliveries, 340 planes, the backlog stands at 4,250 planes the deliveries are expected to ramp in 2022, that's some of the good news, some of the opt manyism that is there when you look at shares of boeing right now. they will be steadily increasing the cadence in terms of production for the 737 max it's expected to go up to 31 this month early this year then there is talk about potentially going higher a little later on this year. nonetheless, there are challenges for boeing right now. that's one reason why the stock while it has, it bounced off that 200 level it continues moving up into that 220, 225 range they have the 737 inspection process. they haven't delivered a dream

liner since last spring. you have the china market that remains frozen speaking of airbus, it made inroads. a couple high profile customers with boeing making indications that they're either ordering or intend to order some of the narrow body airbus aircraft. all of this has to do with what we're seeing when it comes to the airline market overall so when you look at the airline market, we will talk domestically here. remember american was out essentially with a me-announcement on the q4 results. in it, in an announcement, the company said it expected to top consensus. it expects a pre-tax margin that will be better-than-expected thursday is when we hear from delta, you take a look at shares of delta that will be the first airlines earnings report of the day nonetheless, a couple decent days of boeing the stock moving higher today. sarah. >> phil, thank you let's trade it

tim, i figure you are in this name it's had a nicecomeback. >> i am. >> still year-to-date. a big underperformer what do you make of the numbers? >> listen, the numbers are encouraging. they trail airbus. the 787 pause as phil pointed out, that is the money-maker, the bred-winner. the backlog increases a bit. the max certification in china will be a catalyst here. it's something to be excited about. i look at the stock on the charts we're in a down trend from march of last year we're at the top end of that down trend range, in fact, i think a break of 225 to 235, it looks very interesting if you look out two years, this company is back to being a pre-cash flow machine. i think in the meantime, these victories will be slower it will not be a straight line this is a great place to own boeing people forget about the business and are tethered on what i think

are short to maybe medium-term delta, covid, omicron dynamics in the airline industry. but long term, this is boeing. this is a great time to own it >> do you agree, pete? >> i do. i look at the backlog like tim mentions and obviously phil brought that up as well. the fact that that's growing you are talking about huge numbers in terms of the backlog. yes, they still travel behind airbus, but they are improving that's what we need to see we needed to see that start to perk up a little bit when would we start to see a little more appetite for the 737? we're starting to see that so there are some good and bad, i think more good than bad the stock price is interesting it's held above 200 for a little while, starting to see a break to the upside. tim's point is very important, though this is not an i don't have night story. this isn't a tech name where you say you know what in the next year, this is probably going to

happen this is probably a multi-year hold if you are patient enough to get the stocks back to some of the glory it had in the past. i think it can get there i do think it will take some time >> all right we got a lot more ahead for you here on "fast money. here's what's coming up next >> giddy up. one of the big stock picks is soaring today. is it time to put money in that name we'll dig into it ahead. plus, queue the tumbleweed we have the good, the bad, and ose ugly on the u.s. consumer. thtrades and more next ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq,

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welcome back to fast money

check out shake shack after the company upped the guidance in 4q revenue. on closing bell, randy rudy at the must watch conference. here's what he had to say. >> we had this strong, consistent, slow recovery through covid. it really peaked into q4 anybody that has been around new york and doing things in fourth quarter, things were starting to move again >> for more on the other headlines coming out of the consumer icr conference, let's head to courtney reagan. hey there. >> the senior conference is one where consumer companies gather with the investor community and because of the timing of this a lot of the pre-announced results from the holiday quarter to be able to discuss them shares of abercrombie a big winner the supply chain issues didn't have enough inventory to match

shopper demand leaving to lost sales opportunities. now that this merchandise is available. it seems they will ac sell rate. while preliminary expectations are short of consensus, investors like what's happening now for that mall retailer recoptureing potentially some of the lost sales like abercrombie, american eagle outfitter is sharing resources when there are staffing issues from the omicron outbreak. while they forecast the hom say sales up mid to high teens instead of the 21.5% analysts project, investors were comforted by the cfo's comments that the omicron issues will at least be short term in their opinion and as a result they up to the 2023 full year revenue expectations a little less rosie about what's going on it's seen traffic in sales slow in early january due to omicron and whether shares of big lots down 1.5%. sarah that's a retailer that does rely more on in-store

traffic than it's commerce sales as sort of one of those offprice discounters. >> courtney, thank you, for rounding it all up for us. let's trade it, karen's on retail maybe that's the description on who is getting hurt by omicron, how much you rely on stores and traffic. in lululemon stores yesterday, that's what they were blaming, staffing around some of the stores, not necessarily consumer weakness >> right and i thought that was really interesting. lulu is good at online, so we thought all right that could be a ballast for them to guide to the low end, they must have some trouble in the retail stores. so that is going to be a problem for a lot of retailers that rely so heavily on that my biggest retail position is in target that i hope will be given what they were able to do while during the pandemic to become an ecommerce busy as well they had already started that before the pandemic hit. but that accelerated it.

to me target is my biggest retail position. i like it, it is a below market multiple it's relevant situated walmart is well, it's more expensive. that's kind of where i have most of my ecommerce. i wonder, though, if china lockdown is a little bit of a headwind for luxury there? so that's something to worry about. but i still like target. probably with pete on this one >> pete, i was going to say, pete, are you still a target lover, too >> i am. i am as a matter of fact, on that last dip we had where it got right around that 220 level, i bought more. you know what, i like the stock. it's cheap as karen points out, that i have a great ecommerce business and i think whether it's during the pandemic or after the pandemic i think they are well fit for says going forward. they're not shopping they're continuing to move along as a company they're not letting this hamper

them from the future either. they continue with the smaller stores and the rest of it. i would agree also with the walmart comment, a little bit more expensive you know what is really expensive and got hit the other day is costco. we think they do everything right it seems but they are really stretched when you get a pe of a costcoversus a target or a walmart. we put those comparables together i think the ecommerce world is definitely the important place to be. when you talked about lululemon , it did shock me the other day when we heard about the news, when we talk about the labor shortage, that makes sense, obviously, ecommerce is big. people go into stores, they tend to buy more. that's something that lulu is missing out on because of the numbers they reduce to get into the stores safely and the fact they are having such a difficult time with labor. >> everyone is having a difficult time even shake shack today has this good news on revenue,

complaining about labor. we talked to the ceo of crispy cream. mike ko, how do you pick your spots in retail right now? >> it's interesting. some of the weakness that obviously they were talking about as far as labor is concerned, part of that actually is you know ironically an expression of consumer confidence we have seen that a number of people have been you know quitting their job presumably looking for better ones. that's the kind of activity that a company, employee of a confident consumer might make, with respect to lululemon, it's interesting because it's on my holly index, the list of companies that my wife spends a lot of money on and what's interesting is that she doesn't buy anything from lululemon online she likes to go if she likes to see what the stuff s. then she walks out with something that weighs about a pound but costs about a that you dollars.

a thousand dollars. some people want to be in the store. i can understand the labor situation. it's also interesting in consumer discretionary, names like carmax. that's interesting because i think we have supply issues on a out side that's kept used cars relatively elevated i expect that to continue for another couple years >> i did not see that turn coming from lulu to carmax still ahead on this show, batter-up! i love this show we got a fast pitch on an under-the-radar financial name you might want to bank on. i'll bring you the name when "fast money" returns "fast money" returns >> well, would you look at that? jerry, you gotta see this. seen it. trust me, after 15 walks... gets a little old.

i really should be retired by now. wish i'd invested when i had the chance... to the moon! ugh. unbelievable.

. welcome back to fast money believe it or not, it is almost earnings season, big banks, j.p. morgan, wells fargo, citigroup out with results starting this friday the next guest is taking the

mound. we see a total home run. welcome, ava, a chief investment strategist ava, you like signature bank why? >> we like the bank because of in an inflationary environment it can increase their mar jips we like signature because it's not only a bank but also a great growth entrepreneurial story this is a bank that started 21 years ago with 50 million in assets and the they manage to grow them to 100 billion organically. that's very unusual in this area where most banks grow acquisitions so we like the growth. exceptional growth net income margin before the 6%. in fact, if you look at 55 global competitors in this space. this bank represents in the top five income argument, it's growing it for investigation% a

year >> it's already had such a strong run up 100 more than 40% of the last year the best performing name in the until sector over the last group why has it had strong performance? how can that continue? >> that's right so last year it was up 140%. as you said, one of the top performers but we believe they still have room to run. the reason is, they have very large deposit biological weaponss they have over 60 billion in deposits right now, they're generating zero percent when we start seeing the first interest rated hikes, for every 1% interest rate increase, this bank will be adding 6% to its pre-tax income so we can only be even more bullish going forward. >> ava, thank you. it's good to talk to you having another good day at 2%.

so are traders buying ava's pitch on 60 banks? tim. >> i think ava crushed it. that bahama went straight over the center fooled fence. this is a stock that has outperformed the xlf but their digital asset growth and crypto loans, this has a lot of thin tech in it, too. it should be treated as a groetd stock. i like the sector that it's in >> mike. >> i mean, take a look at this thing trading 20 times forward earnings, on a price-to-book value maybe a little above their peers wind chill this thing growing in the high 20s, i'd have to say, yeah, she did hit that one out of the park you can buy signature bank i like it. >> karen, what about you >> i'm going to, even though i'm a value investor this is hardly value but there is value there it's just not cheap. i'm going to buy and that is my

ill ledgible signature i thought it was an excellent pitch. hopefully they're not your run of the milbank oh, hold it up a little higher okay that's my illegible signature. i think it is sort of like a thin tech. i think that you know the growth they've had, the margins that they've had, it's expansive. one other thing, this can be a nice acquisition for somebody. >> pete. four for four in >> well, i got to say, yeah, i think it's a sweep, sarah. when i look at this and the organic growth and the digital growth and the loan growth and all of that, the only issue i have is what karen mentioned which is when i look at the price to book or maybe mike or karen, the price-to-book is a little bit high. outside of thatting everything looks police deep, the balance sheet is awesome that's a home run. >> all right not the sexiest name but who knew that's a strong performer with a home run with the traders. now it is your turn. are you buying ava's fast pitch on 60 bank you can vote in our twitter

poll, cnbc "fast money" to weigh in we'll bring you the results later in the show. coming up, biostock up 40% in the last two days what options traders are saying is next for the name don't go anywhere. there is more "fast money" right after this >> i really should be retired by now. wish i'd invested when i had the chance... to the moon! ugh. unbelievable.

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. welcome back here is your sneak peek at the cramer camp. j jim is talking with zoetis tech you can catch that at the top of the hour on "mad money." don't forget, you can have cramer delivered to your inbox with the cnbc investing club. coming up on "fast money", a big bet in biotech mike finds one unusual "options action" in one name. wee are breaking down that trade. plus there is time to vote in our twitter poll e signature bank a buy? thresults coming up. that's@cnbcfastmoney the results coming up. the results coming up. >> lisa has to send some files, like asap!

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how are you playing this one what a monster >> this is a company that depends heavily on that you can doctor they're guiding the full year and peak revenues maybe around a billion. that's what investors were waiting for as they were presenting this week we saw ten times the average daily call volume. most of the activity was in the january 20 strike call we also saw a lot of activity in the january 17 calls buyers of those calls are obviously betting the rally we've seen these last two days continue through thend o end oft week >> got it. more more option actions, tune in friday 5:30p.m. eastern you have tame to weigh in on the fast pitch the final trades coming up

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welcome back to ""fast money." time to find out if you at home are basking on ava's pitch often

signature bank it turns out 58% say no, not a buyer here don't agree. we will ask for a final trade. let's look around the horn him tim. >> buyer of your efforts tonight, sarah thanks for joining us lululemon trading 32 times, bar gape trade for this stock. i like it here. >> karen >> yes, in the retail space, i like target and thanks for doing the double header. go home, ice your shoulder, you too, pete, thanks? i am home. pete, what about you >> i still love paypal the stock everybody loved it at 5200 hrks it tropd to 190. its still a buy at this level. >> mike. >> so i'm a glass is half full kind of guy. obviously, i like lulu so does holly. i like consumer discretionary

etf, xly i think we could be a buyer of that one here. >> thank you all for being so gracious and for letting me fill in for melissa i love the show. thank you all for watching "fast money", "mad money" with tim cramer starts right 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. i promise to help you find it. "mad money" starts now hey! i'm cramer welcome to "mad money. i'm trying to make you money my job is to entertain you and educate you and teach you something. call me. sometimes there is just too much good news to ignore. and that's how i explained today's rally. dow gaining