steven weiss >> i still like united health care i think their stock will be off to the races >> you guys are really original. josh brown, do you have something new? [ laughter ] >> i'm going to long amazon. good help me >> thanks, everybody "the exchange" is now. ♪ ♪ thank you very much, scott hi, everybody. i'm kelly evans. here's what is ahead on "the exchange." our market guest has some unique ways to find stocks on the upside and he's bullish on one reason in particular he think also drive upside. we have the details ahead. plus, the biggest standout with meta's results might be how much it beat on revenue guidance. we'll look at why with the stock up 14% and we're in the final countdown

to the 2023 cnbc stock draft there's that music ten all-star teams picking their favorite stocks next hour. the seattle seahawks wide receiver metcalf will join me live this hour with how he plans to take home the trophy. we're seeing some considerable upside the dow up 336 at the highs, a 1% gain. the s&p back above 4100. and the nasdaq up almost 2% today. meta driving some of these both s&p and nasdaq gains after that beat and revenue guidance well above estimates. this is up 15% now the stock has nearly doubled this year, up almost 100% since jan 1. h hasbro is up, too.

p inventory is still a little bit of a concern, the stock up 12.5%. and inventory is the story behind caterpillar's drop. the stock breaking below its 200 day moving average as you can see right here after that 2.3% drop, the margin strength overshadowed by high dealer inventory it was twice as high as expected by the way keep in mind as you look at declines like caterpillar, microsoft and meta are powering the majors higher this week. here is the russell 2,000, up 2/3 of a percent today. but even with today's gain, only 6% away from making new lows lack of bread in the s&p, as well this is something that traders are carefully watching and that brings us to the next discussion a recession looks inevitable after the bank stress we have seen my next guest says there is one bright spot. joining me is allen boomer good to see you. you're still bullish on china. welcome.

>> yeah, thanks for having me. i am optimistic about china. china is reopening it reminds me of the united states circa 20 1, when we saw a rampant return to economic activity we're starting to see that in china. i think your portfolio needs to reflect that, because the u.s., you mentioned it, it's almost inevitable that we are heading for a recession in the next 12 to 18 months so we might need to look for growth outside of the united states >> let's talk about the stocks my eyebrows went up when i saw that alcoa is one of your picks. it's had a tough year. >> absolutely. they are in the metals business, and when you think about china and their power as a manufacturer and a producer, they really need to consume a lot of metals. so alkoa is really big and aluminum, china uses about half the aluminum that is produced and used in the world so as aluminum gets used, as

prices rise, we think alkoa will benefit. we expect that alkoa's earnings will increase by about 20% so they're positively leveraged to that aluminum price and other metal prices, as well. >> there's plenty of people who say their biggest concern is more downside with commodities even today, lumber is back at its lowest since 2020. is it just possible that they're telling us there's not going to be as much strength broadly speaking, maybe even globally speaking, as we expected >> only one way to find out. i will say the metals in general, a lot of these commodities are trading at a discount to the broad market so we like to buy things at a discount you can buy these metal producers at about a 20% discount where other stocks are trading in the s&p 500 >> so i kind of raised this in

the market check a moment ago. a lot of focus is on the fact that just a couple of tech stocks, nvidia and the like, have driven all the games this year you strip them out and the s&p would be lower the russell is closer to making new lows than new highs. what does that tell you? >> i think it's rotation time, right? one of the rotations that we're doing is, again, thinking about companies like ali baba. that's a tech name it's leveraged to the chinese consumer, a consumer that is being revitalized with the reopening of their economy last year was all about value. this year is all about growth. again, the ability for u.s. growth stock that continue to outperform the way they have is becoming very limited. that's why we're looking at china as a reopening trade that we think clients will benefit from and investors will benefit. >> for people piling into the likes of meta and microsoft and nvidia now, saying in a

low-growth environment, i need growth you don't think that's a smart thing to do? >> i won't say that. like nvidia, like microsoft, these are companies that you should own for the long run, right? i just think that right now, you know, when i think about if i want to position myself in the next, i'm going to call it 12 months, i want to be closer to an economy that is also some growth potential ahead of it in the u.s., recession is the word of the day. economists, every day they're reducing the expectation for growth in the united states. in china, it's the opposite. the chinese government has a 5% growth target. it's looking like 6% could be the number they achieve this year again, you want to be where there will be growth i think a lot of the united states, the growth is already priced in. not to say we should sell out in those names. but i think there's better opportunities today. >> ali baba, i mentioned alkoa,

allan, thank you for being here. >> thank you investors hoping for some great news on the debt ceiling when house speaker kevin mccarthy was touting his spending cuts earlier today. take a listen. >> for the president not to negotiate is not what the american public wants or how our government is designed it's not what we have done every time before, whether it be a republican or democrat we believe in responsible, sensible plan that puts us on a path, raises our debt ceiling and makes our economy stronger >> analysts aren't so sure, the cbo is scoring this package favorably because it cuts spending $4 trillion while raising revenue. let's debate joining me now is our economic policy analyst at the american enterprise institute and ben white, both cnbc contributors ben, you know, i'm struggling

for words because of the sfom r -- stock market today investors are shrugging this out, although we know that cvs numbers have jumped. >> we have sween the action in the treasuries, but the equity market is not taking it seriously, this idea that we could get close to a debt limit crisis and default, i think they're underestimating those odds right now, given how far apart the two sides are. this proposal for the house speaker is not going anywhere. the white house won't come anywhere close to what they're calling for in terms of cuts and programs across the board. so we're nowhere this may force the white house to come to the table and start talks. then we'll get to a conference and all that sausage has to get made down the road and will. but it takes a market reaction to get that to happen. >> where is the public on this, ben? >> yeah, i don't think the public is focused on this issue.

the public is very much aware of the size of the national debt, and worried about it.arguments t raising the debt is effective. the debt limits allows us to pay more uponme money appropriated congress and not default on our debt but it is easy to sell to voters, we can't do this because our debt is so big >> people will say, when are we going to do something about it because no matter who is in washington, it just keeps going higher when interest rates go higher, it gets a little more scary to think about. >> yeah, the ultimate, ultimate endgame, if you are worried about the long-term deficit, i think it will take a market reaction from both sides to come together and really do something about that i don't think that is where we are today. i don't think it is likely that the biden administration will say, you know what if we have some sort of technical default, people will

blame the republicans and we get a short-term win great. i don't think the president will be running for re-election -- a lot of risk here for a recession. people are expecting it. the last thing this administration needs is an additional economic shock to make a recession more likely heading into elections i think they will de facto negotiate. i think there will be a deal at the end of the day >> so how does it, from the president's point of view, how does he come to the table and say i'm running for re-election, everyone knows the debt s.ceili is a gop thing so what is the compromise that he's offering or the deal he's getting? >> listen, it can't be the mccarthy plan. it's not going to be a plan that causes massive spending cuts or a plan that will undermine the "inflation reduction act," which is part of biden's legacy. i'm not saying it's on a narrow path maybe it's something like something that would help the

"inflation reduction act," but also deregulation, republicans like it. toss it in there some sort of technical budget things it's not going to be a huge package, but it might just be enough i just think it's not in anyone's interest for there to be a problem there will certainly be a short-term political blow for republicans, and an economic shock is not what the biden administration needs, not what the american public needs. so, listen, it's not significant that we have a problem here. but i just don't think it's very likely >> ben, i'm getting excited, because now we are talking about reform if that is the deal we're talking about, who isn't happy >> who does not get excited about -- >> i do. >> and we love you for it. you're a policy wonk among policy wonks but he's right there will be a deal at the end of the day it will day some market

freakout, it will take a little give by biden and the white house and democrats. nothing close to what mccarthy is doing they'll get destroyed on all the stuff they're trying to cut and they will come to the table a couple of days before we have to get there. the problem is, we'll get there sooner than you think. >> maybe it's late july or what not. final question, what is the language biden is going to use to signal he's coming to a deal on this in a way that will be palatable to his base? >> he's going to say closer to that time, i don't love some of these things, you probably won't love them either it's in the interest of the u.s. economy not to flirt with default. i'm going to meet halfway my republican colleagues. >> are we cutting spending as a result of this >> i don't think in any major, long-term way where you cut discretionary spending for years. maybe slight cuts out of the current budget, but nothing

structural, the kind of reforms that would deal with long-term debt and deficit >> all right great. so we're going to raise it again, nothing will happen >> at least we won't default >> hopefully james, ben, thank you both we appreciate it coming up, meta hit a new 52-week high on revenue strength but what about the rest of the market we'll take you through the numbers, next. all having a nice start to the year, including a regional bank we'll look at intel, t-mobile. and let's get a look at the markets. dow is up 1% even the russell participating the ten-year at $3.51. "the exchange" is back after this what if beer could get to the right place, at the right time, all the time? not like that. like this. getting this beer... all over the world...

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welcome back to "the exchange." here's a look at the tech results that have been powering the major earnings this season with amazon on deck, microsoft's ai story impressed meta's efficiency and numbers came in strong a little more mixed bag for alphabet here is a losing the ai arms race amazon is out with results today. shares up 30% this year. snap reports, as well. that was the canary in the coal mine a few quarters back both names are 5% higher into these prints jason is here. i don't know, jason, i've got first republic, scars from monday what do you think about amazon >> yeah, i mean, amazon, you

definitely have investors rallying the stock just on the general mood, right? that, number one, maybe the end market is better than people thought, and we have seen the bottom that cloud trends are maybe not as bad as people thought you had. google cloud, you know, was stable not too strong but stable. you know, after the gdp number you just got, maybe you get -- maybe the fed is almost done, which would be good for these types of companies so it's more of amazon has not been -- i would argue relatively out of favor and afraid they will miss it into the print tonight. >> exactly let me mention snap in the same breath some of the stuff that's going on with average revenue is not that encouraging, and yet, you know, why do you think people are still excited? >> snap has definitely been a

lot less -- probably down half, versus three months ago, a good amount of the strength you have seen in the stock has to do with what happens to tiktok, and more investors saying i don't want to be short the stock, in front of more noise around congress and tiktok look, if you talk to advertisers, there's not a lot of kind of momentum around snap right now, which has been tiktok and then meta, and meta fixed literally a lot of the issues that were a head wind for them over the past year >> right >> so maybe it's just not as bad, like revenue slows down dramatically rel theative to the fourth quarter maybe they basically tell you that they will have stability and numbers go up from here. numbers go up, stocks can trade up >> quick question on meta.

rarely do we see a stock with such a strong pop, not only hold it but sustain it into the next day. that's what they are doing now it's one thing to raise eps and say we have another round of cost cuts. what was driving that? is it a unique situation >> for the revenue side, you know, they have fixed a lot of the issues coming out of the apple privacy changes. that really is what it looks like the things they have done internally, things with machine learning, better at figuring out what ads they should show you and being able to measure your conversion, getting advertisers to get them to trust the machine. they also highlighted china, directing sellers out of china sounded like really rebounded. and some of that may have been without facebook or instagram as an advertising outlet. they just couldn't find other ways to reach the consumer and

when meta fixed that, the sellers came back on top of shipping costs coming down, and china reopening. so you definitely have a lot of what i will call meta specific factors that drove the revenue, and i think the outlook. >> that's really interesting if it's true, it speaks to their ability to have that differentiated strength. i can hear allan boomer smiling as you mention china, as well. jason, thank you coming up, remember when all those mansions in greenwich were empty? the hampton housing markets hitting some milestones. we have the details next despite the strong market, crocs is down 20% today. wnatceo joins us to break th do, that's ahead on "the exchange." stay with us

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not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire welcome back to "the exchange." home prices in the hamptons have been red hot lately, hitting new records in fact. but sales are at their lowest levels since 2000. robert frake is here to explain. hi, robert >> that would be good to watch the brokers saying there are at least two buyers for every sellers in the hamptons. prices in the hamptons hitting an all-time record with the average sale price now over $3 million. that's $1 million more than the average sale price right now in manhattan. that's the largest spread ever brokers say demand remains

strong, especially at the very high end bidding wars for luxury properties were at or near all-time records, and the share of deals done for $10 million or more also hit all-time highs the problem here is a shortage of trophy beach homes for sale that's the high class problem. inventory is less than half what it was precovid. brokers say the properties that do come on the market are, well, largely overpriced now, with the rental market strong, they don't expect a lot more homes to come up for sale so prices will be strong and sales weak this summer but if you are looking, one listing that just came on the market, this modern beachfront home was featured in season three of "succession." it's 2 1/2 acres, 11,000 square feet, 10 baths, heated infinity pool, 230 feet of beachfront and the price tag, including that pool, is $55 million. >> so what's the land situation?

you know, how many parcels are available at what cost lumber is at a three-year low. if we buy some land, get some cheap lumber and throw a house together, this has to be a great time >> yeah. that's an arbatros around the country. there's not much land for sale there is, though, to your point, quite a bit of construction going on so brockers are hoping that construction can finish quickly. maybe some of it this summer, maybe in the fall. that will perhaps jump-start at least some sales >> all right so different from several years back robert, thank you so much. let's get to leslie now. welcome back for a cnbc news update >> thank you so much, kelly. at this hour, secretary of state antony blinken and homeland security secretary mayorkas releasing a new plan that calls

for regional processing centers to slow down what is expected to be tens of thousands of new asylum seekers who are waiting for the pandemic era title 42 rule to end. the president of south korea addressing the joint session of congress today he told lawmakers that korea, u.s., and japan's try lateral security operation needs to be sped up to counter increasing north korean nuclear threats this comes after he and joe biden reached an agreement on wednesday to counter nuclear blackmail from kim jong-un former professional skate border and tv personality bam margera was arraigned on assault charges in pennsylvania. he turned himself in this morning, and his preliminary hearing is now set for may 27th in chester county. kelly, back to you >> leslie, thank you very much coming up, t-mobile is less than 3% from its 52-week highs intel is nearly 40% below that

mark can today's results help the chipmaker turn things around that's next.

welcome back today is the busiest day of earnings season. let's take a look at a couple of mornings we have intel and t-mobile and new york community bank bought a significant chunk of signature bank and it reports tomorrow morning to preview all of that -- well, first let's run through intel, the stock up 11% year-to-date, down about 35% over the past year, as chipmakers struggle we saw samsung with a weak report so investors are looking for an update on cost cutting measures, and its ongoing turn around plan as i mentioned, joining me for these trades is danielle, vp of options. great to have you here very busy day. what do you do with intel? >> so when you look at intel, it is a relative strength loser the fact of the matter is, even though they've been regularly beating earnings 11 out of 12 times out of the last 12

quarters, they have still continued to trade lower so when you look at this and the fact that we have eps estimates that are also on a downward trend, plus the weekly chart pattern in a bearish trend, for me, even if they trade higher on earnings, which is improbable, i think it's a bearish trade here. so when i'm looking to downside targets, i have about $25 for my t downside target, so you can short it on a move into 30 or on the break of 28. >> all right i can't say i'm surprised, but i'm curious what you will make of t-mobile. shares up 16% for the year as communication surfaces is the best performing sector in 2023 so far last quarter, record subscriber growth they acquired mid mobile we just saw a notable analyst

downgrade it do you like this stock here? >> i do like the stock i think it's a great relative strength winner. i love the long-term weekly trend. they did well throughout the pandemic but they have continued to do well after the fact. when you look at earnings, they have continued to beat estimates, and they got really positive moves to the upside there's been a few quarters where they traded lower, but only by about 1% when you are looking at the stock overall, we are up against some resistance at that 150 crack point. so when you look at my overhead target, i have about a 160, 165 price target on this stock so i think if we can get a positive move from earnings, which is highly likely, we can break that overhead resistance and trade on upwards into that $165 trprice target >> the last one is a curveball it's new york community bank they're out before the bell

tomorrow we're watching for that interest income and deposits. new york community bank acquired a significant chunk of signature bank last month. is this a stock -- what do you think of their behavior here >> so when you look at this stock and any of the bank stocks, obviously you have that big bank crisis issue where, i mean, hey, if they come out and they say that they have been having issues with deposits, this can tank. i think it's a big issue when you look at that but overall, even ignoring the bank crisis, you can look at the longer term trend on this stock. over the course of the last year and a half, this thing has been on the down trend, and you're up against resistance even if they don't have an issue as it relates to the bank crisis and deposits, i still think that it's a longer term short because of the overall trend >> all right it's $9 a share today we should point out, as well danielle, before you go.

amazon was such a biggy after the bell maybe i can throw snap in there, too. these stocks are 5%, 6% into this triple digit. what do you think about amazon's prospects here >> when you look at amazon and you particularly compare that to the way that the market has reacted to microsoft and meta so far, what we are seeing this earnings season is that we knew that momentum was going to be slowing down that was expected. and earnings were expected to be -- earnings were expected to be feared. so when we have these results come out and they weren't as bad as feared, and we're seeing that yes, we're seeing these stocks rally. that's the case with amazon, as well i really like amazon stock here. i think that after the split, and after the fall that occurred over the course of the last year, on a technical basis, on the weekly chart, it's starting to shift higher, and we're

seeing buyers come in. so if we can get a report from amazon that is better than feared, it doesn't have to be amazing, just better than feared and we can break up above the january high i think with that, we could really see some upside momentum in amazon stock. so with this one, i am buying the stock here especially in the kid's account, because i think it's a great long-term play >> that is fascinating danielle, thank you so much. appreciate it. >> thank you still ahead, crocs going the other way today, down almost 20% despite beating the top and bottom line but had weak second quarter guidance we'll talk to the ceo. but first, minutes away from the 2023 stock draft at 2:00 p.m we'll talk to this guy, captain of team own, not loan. he's up next "the exchange" is back in just a minute

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welcome back, everybody. just moments away from the annual cnbc stock draft on draft day, but it's for stocks there is the rutgers cheerleaders welcome, ladies. each team selects a portfolio from the midst of 60 stocks with assets like oil and gold, but only one team can come out on top. let's get ready with d.k. metcalf. his stock draft team is own, not lo loan, and he has the fifth pick today. tell me about own not loan, why is that your team maim the >> i made my first few mistakes of being lent money or loaning other people money or paying for their mortgage and not making the best financial decisions until me and my financial adviser sat down and said the goal is to own, not loan people

money. that's where the team name came from >> have you picked any stocks in the past or is this new for me >> no, ma'am i'm tell learning, so just excited to dive into this new realm of business and financial businesses >> do you outsource it to him and give your feedback on it give us a glimpse into your process. >> well, this was a pretty -- i will say 75/25 team split where he did the heavy lifting, but my two cents were added you know, he helped me along the way and wrote down a few notes about a few stocks that we're looking into >> so i don't want you to get specific, but tell me about your biggest money policmistake? is there anything that stands out? >> before i even owned a piece of property, i owned my own car. you know, as a lot of people

know, that's not the way to go you know, an nfl career is not the longest. so just getting rid of the old mindset i used to have and this new mindset of forward thinking and long-term thinking instead of just in the moment buying >> what about other pro athletes you look to as kind of setting the tone for what you want to do how often do people talk about it or do you -- do you reach out to them or do you have people coming to you to get involved with things? >> i would say it's a little bit of both. but people i look up to, who have done it well on and off the court or field, shaquille o'neal is one that sticks out to me lebron james, just people who have built their enterprise or brand that is very sustainable and is going to last them, you know, well after their playing career >> absolutely. so you're one of the best football players in the country. can you handle it if you don't come away with this trophy next year >> i'll definitely be back if i

win or lose. so i'm very competitive in that aspect this is going to be pretty fun for me >> who do you think is your biggest competition? we have a bunch of athletes out there today. >> for sure. not knocking anybody, but we can only get in our own way, me and my partner, joe. so the only competition is ourself. >> do you ever have a goal being an owner of a team, you know, a franchise owner, real estate, how far do your thoughts extend? >> of course one of my biggest goals is to own a franchise or a sports team one day. i think that goal is very attainable with the path that i'm headed down. >> absolutely. it's a pleasure that you are here to join us. do you want to tell us your stock you're most big on >> yeah, i can definitely tell you -- no, i'm not going to tell you. >> dk, thank you for joining us

today. we appreciate you taking the time look forward to seeing you soon. >> yes, ma'am, thank you still ahead on the heels of strong results, we'll talk to the crocs ceo. why they're betting big on sandals. that's next with the market near session highs. and check out another big earnings mover helen of troy, up 21%, having their best day since 2001 after a big earnings beat and strong guidance "the exchange" is back after this ten minutes away or so we're close to the 2023 cnbc stock draft. stay with us sfx: [alarm]

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welcome back to "the exchange." shares of crocs are down 18% today, despite strong results. the street fixating on its weak second quarter guidance. but the stock was a pandemic darling, up more than 400% over the past three years joining me now is the ceo of crocs. good to see you again, andrew. >> thank you, kelly. >> let's start with the positive

what went well in the quarter and contributed to the things you experienced? >> yeah, look, we had a strong quarter. so revenues were up 36%, profit was way above what we had indicated it would be. that was due to higher growth margin, but also, you know, sg&a control. and obviously in the first quarter, we had a partial year -- or quarter we purchased hey dude last year on february 17th so that gives us an outside revenue growth but on a performa basis, our revenue growth was exceptional so what we can take away from that is our brands are per perfper performing well. and some of our focused categories we are looking to drive attract new customers such as sandals and some of the focus we put on asia is working well >> really interesting stuff there on china

but let's talk about the guidance the way that i was looking at the numbers, revenue guidance was a little soft, but earnings guidance was very light. are there higher costs is the cost of that hey dude acquisition, what is going on, on the cost front? >> investors are focused on q2 guidance what we did is we raised employer guidance. we're going to grow double digits, and we raised the growth rate that we anticipate for the year we also raised our profit expectations in terms of we previously provided 26%. if you look at the four-year, we're going to run double digits and have incredible levels of profitability. we're going to have strong cash flow and improve our balance sheet by paying down debt. it's a great picture what investors are focusing on is that q2 really what's going on in q2, it's not a softening of trajectory about brands, it's

about compared to last year and pipeline filled for hey dude if we focus on last year, because of the vietnam factory closures in '21, we had light shipments. a lot of that pushed to q2 so we're up against that from a hey dude perspective, we're up against pipeline fill, where we have shipped a lot of brand new customers, very large amounts of product to stock their entire chains. which was hugely productive for the broader distribution of hey dude so it looks like we're slowing down dramatically, but if we focus on consumer takeaway, it's not slowing down at all. so i think that's what the street is getting a little bit sideways on. and in terms of profitability, look, i think last year, we had a 30% margin in q2 we're obviously not going to comp that. that was due to buying hey dude and being able to ship a lot

quickly, but we haven't had the time to build the infrastructure, and frankly, that infrastructure is what will allow us to grow that brand hugely over the next 30 years. so i think it's a little bit of an overreaction. we feel super confident about our year and about the long-tern we feel superconfident about the long long-term. >> there's one stock theme this year is efficiency is being rewarded what's your message to investors who say we like the trends and launches, how do you become literally more efficient what's on the table and not on the table? >> yeah, so, i have no concerns about our expense base we'll have more expenses in q2 than he had last year, those are appropriate due to our growth expectations for the brand this year and in the future

i'd point out our level of profitability between 26% and 27% margins are extraordinary in our industry nobody's even close. so the level of efficiency we have in terms of profitability and cash flow generation for this company is extraordinary. so, i feel very confident about that. >> all right, strength in china, are crocs going to be the new -- if you fete this launch going well -- >> i can tell you that flglobaly distributed. sandal, a very strong franchise in clark's that's what you know us for.

the sandal business is a global business on a basis, we think we can penetrate that very significantly. we'd been working on that for a couple of years. 67% growth in q1 i think we're firmly on that trajectory >> it's bring your kids to work day. crocs are banned at school when you get bans you know you're doing something right. >> kids, look, we love kids. we have a ton of kids around here today they're very welcome they're in our product areas they're working with your shoe designers. they're having the day of their life if we can get kids bought into the comfort and the great styles

we can deliver to them hopefully we're getting consumers that can grow with us for years to come >> andrew, thank you for joining us on a tough day for the stock. defending your plans we very appreciate it. >> thank you the dow is up 435. s&p is up 1.6% meta continues to lead the way with almost a 15% gain for post-earnings. 2023 stock draft is up next on 2023 stock draft is up next on th i'll see you on the other side of this break. ht." go boldly. emerson.

all right, folks, forget the nfl, this is the draft you

should care about the 2023 cnbc stock draft. pick by pick analysis. and we have jim cramer who will join us with his take as well. a great lineup of competitors this year. you can see them all there they are the champions. the mountain gates are back to defend their title we have three nfl players. c.j. mosley, we'll ask him about his newest teammate, a guy named rodgers. we have the rutgers investment club, cheers, go all right, welcome to rutgers. >> welcome, everybody, the first pick today in the 2023 stock

draft belongs to wwe

the mountain goats the draft day wasn't enough to drag them down if you're playing, what would you be your first pick. >> playing field to the booth. anyway, apparently, i tell you what, the game is all about the performance, sometimes it's not about fundamentals x i've chased the company that really was maybe on its way down and it went down further, or the

companies you make the most money when things go from terrible to bad, this year's draft, fipfizer is one of those names i wouldn't drafted down 30% into the draft, trades cheap to itself, et cetera, et cetera i actually like pfizer here. second round got to be schwab. it's kind of the jalen carter of this draft you were going to say the same thing. >> totally. >> there are problems here but a first class franchise, a lot of talent if you're going anthony richardson, you go carvana you can strike gold. he can be out of the league in three years. that could be how you win this type of contest. >> you'll hear that sound a lot and that sounds mean that the pick is in and for the first pick, in the 2023 stock draft, let's go to charlotte flair, wwe superstar

>> my pick is nvidia >> why you like it and why you pick it number one. >> because they are at the forefront of the a.i. space which we know is growing day by day. >> i think you got that right. let's go to melissa and tim for reaction as olympic swimmer is on the clock. >> timmy, it's been on fire a company that's rallied into the draft. we could make the argument that a.i. put 81 million into value cap. one of most exciting companies out there. not surprising -- >> you don't need cheap for the draft. you need runs. >> well, look, a.i. right now, based on the last three months, we called it the a.i