tv Mad Money CNBC June 2, 2023 6:00pm-7:01pm EDT
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i like catching my oracle position with the long put spread just after the earnings, play a little hedge and take the risk off of that. >> mike khouw? >> rsp is the average stock but their options prices are below average so i would buy clsn al i rsp. >> that does my mission is simple, to make you money. i am here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. mad money starts now. >> hey, i am kramer. welcome to "mad money.". my job is not just to entertain, so call me or tweet
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me at jim cramer. now, for weeks, i told you about the market. by the time something good happens, it's already too late to swap back in at the lower level. you won't get lower level. we have good news in the form of a strong labor report. a true goldilocks set of numbers. so the s&p is up above 1.45%. it was a real good day for the bowl. what is going on situation anyway? everything kind of works out right. i don't think that will always be true. i think it's the same report for me this morning. it makes it more likely that we will pause and ponder this next week by the need to tighten again neatly. of course, the stimulus package in china, the easy package of
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the debt ceiling margin, maybe you get a great day or a great week. like i told you last night, the market has been chopped up by the magnificent seven, the cash stocks from the s&p 500 throughout may. now that we have put that in the rearview mirror, we have a day that allowed them to pause. it's easy to imagine a perfect scenario where recession can be taken off the table. but remember, we like the market when it was hated. i'm starting to talk more negatively beginning on monday as the market gets poorer. i don't love a market where everyone is coming around to a bullish way of thinking because the market is wandering away from the seven. i liked it more yesterday than i do today. because it is higher. that's how you have to think. with that in mind, what's coming? first, there is a meeting this week, you know, like hbo plus
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which is now max by the way. anyway, this meeting could be very interesting, a wildcard. it might affect the price of oil. if so, i will most likely tell you to sell as i will try to sell some oracles from our trust. i don't want to overstay are welcome in a difficult group. we had the cnbc best in club meeting at 20 on monday. the big story will be the apples of the worldwide developers conference. i think it is a fool's game to try to train apple which hit a new high today and is within two bucks of its all-time high. that's why i tell you, just own it. more on that later. we also have the american society of counseling or a sco. they have big news. the first is moderna. right? that is coming first class and code to code. i have been able to find
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convincing efforts once the pandemic ended. hey, maybe they got something up their sleeves. maybe it's related to personalized cancer medicines which is something i know they are working on. then there is merk that made a lot of money. and they are buying from $11 million onto the new pipeline. that said, i think they will mostly focus on the oncology parts which are the best -- okay? they have cute trued up. there are a lot of different things. i realize -- franchise. tuesday, so this is the important channel for the consumer package place. smart goods delivering, but the stock is falling because wall street pushed into defenses. is smuckers good? the money might flow back to
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this group. we have a bunch of them for now until tuesday, too. including first horizon and another from bristol-myers. this was a refill bank that god a raw deal a long time ago. regulars were forced to back off from the takeover. td is willing to pay $25. i think it is a strong buy here. you know i like it very much. i would buy it ahead of the usb. i say that as someone who does not care for the regional banks. the departing ceo was talking about his anticancer medicine and what we can get out of ai. maybe we can see a raised estimate at the meeting. they can show us they have something new to get excited about. smuckers kicks off with a good
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day. you know what? you might want to buy some campbell's soup. the company is doing much better than the stocks are saying it is. the ceo has a multiyear turnaround. campbell's is down more than 10% from its high. >> i like the odds. >> next, gamestop might tell a good story coming thanks to the power by nvidia. it will be meaningful hype. gamestop loves to wrap itself as trading high because it's real business, selling gamer stuff people buy online. it has gone ice cold. they are high for shares. that is excellent. now we have brinker. that is a packed choice. and then the restaurants, this is one of my favorite companies. they've got more upscale. they have more money in the process. 25%, despite people paying, all the restaurant love goes to
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this. i had a great bowl today. it was sensational. the stealth move makes no sense for me. because the ceo is a total winner with a good strategy that is getting great. it will only get better as the food costs go down. that's what will be happening. labor is getting cheaper. we just do it. it is really helping. don't overlook it. hey, how about considering ures? it is doing so good under the ceo. by the way, she is an eagle fan. she has a consumer business. it's a little confusing that the stock is 4% for the year. and i bet she has a good story to tell as she did when she came here not that long ago. my wife recently came back from a skiing trip. she had a great time. i think it is a bargain chip.
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i sold the bills. it is rocking hard today. american express, it is tough. 3.3% yield, not to mention strong matching. you know what it is? it's part of the theme i keep telling you about. we all have money but we are short on time. that's what i realized because of covid. now, what else? the market only seems to stay big on the premium covid plays no matter how far the pandemic gets in the rearview mirror. the only thing purer at play is the ancillary play. from thursday, doc you sign. i love it. jim cramer? you know how it works. unfortunately, it will face real competition. i think docusign is too close
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to post covid. i don't know. ever since july of 2021, it has been all downhill for this company. i don't know what can turn it around. it is facing competition. the best i can say, it is two weeks short. i don't want to be a bother. now we are back in china again, we have a chinese cart that is allegedly tesla. all i know, is china -- this one will pop, then you have to sell, sell, sell. bottom line. we will be hearing endless chatter about what we will be doing. my take, i think it is a titan one or two times. either way, club members, here's what i'm saying. we are not going to overstay our bullish welcome. just when we saw and predicted the market would go from there and abroad. when that happens with a senior vote, it's time to say goodbye.
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alice? >> hey, jim. good to hear from you. >> thank you, same. >> i have been interested in spirit airlines and seeing what is going on with all that. with that, i was curious what the calls are with the recent developments. >> the only one i like is delt , and i like united. i don't want a script that heavily now. we are late in the travel leisure trend. it is still working, but i don't want to stay in the railroads. i'd rather stay in the marriott's and the restaurants. let's go to michael in texas. >> hey, jim. big fan, love cnbc, love your show. >> i wanted to ask about lockheed martin. they have a strong defense industry. they have had great contract wins. there have been big overnment budget cuts. what is your take?
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>> i think the ceo is bankable. i think it stinks. it is going down 6%. you kick off quickly, you can get a 10% move in lockheed. that's how they traded in 2012. boom! bingo. yes. tony in washington, tony? >> mr. cramer, hello from spokane washington. >> i can only say good things. that is it. >> i love the zags. >> i have been very fortunate to see big run ups recently. i'm wondering if right now is a good time to skim some profits off the top of those, and reinvest them for ladders in my portfolio? that would be dutch brose which is down recently -- >> give me a second. josh has to stop growing so
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fast. he's going to hurt the company. if he were here right now, i would say listen. i don't know coffee like you do. i don't know the annihilator, but i know stocks. stop the overexpansion. you are hurting the franchise. protect the franchise. okay, now we get the dramas over with. i think they will take a wait and see approach with the cuts. remember, everyone is joining the bullish party. you know what we have to do when that happens. the inflation picture, many are freeing stocks. ♪ hostess, twinkie, yes. find out how the environment is. plus, now that we've heard from you, i am offering my key takeaways and reports. first, flying higher with r&d, this is a 40% just in the past week. stay with kramer. ♪
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>> don't miss a second of "mad money.", followed jim cramer on twitter. have a question? tweet him at @madtweets or give us a call. miss something caught ? go to our website. is it possible to hp keep our online platform safe from cyberthreats? so we can better protect our customer data? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with global secure networking from comcast business. it's not just possible. it's happening. the first time your sales reached 100k with godaddy was also the first time your profits left you speechless.
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at the counter or on the go, save 20% with the lowest transaction fees and keep more of what you make. start saving today at godaddy.com i remember being on aau trips, high school games. my mom would always say, "you need to fuel the body and you need salt." i would always be the kid not cramping, ready to go. fast forward 20 years and i go from eating salt out of my palm to drinking lmnt. what happens if you ever need to miss work for a long period of time? why would i miss work? i don't know. you could sprain your ankle, throw out your back. get hit by a school bus. or a regular bus. get kicked by a horse. fall off a ladder. bathtub mishap. polio. boating accident. stuck by a fork. rabies. wolves. scurvy. talk to us about disability income insurance today. feel comfortable about tomorrow. massmutual. we moved out of the city so our little sophie feel comfortable about tomorrow. could appreciate nature. but then he got us t-mobile home internet. i was just trying to improve our signal,
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so some of the trees had to go. i might've taken it a step too far. (chainsaw revs) (tree crashes) (chainsaw continues) (daughter screams) let's pretend for a second that you didn't let down your entire family. what would that reality look like? well i guess i would've gotten us xfinity... and we'd have a better view. do you need mulch? what, we have a ton of mulch.
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related costs. so, shareholders in the old bio haven retained everything pfizer didn't want. the new version is much more perspective than the old one. most of it is shown as early stages. some are in markets we simply don't know much about. but when they held the r&d date this week, the stocks soared. we got roughly 40%. did they like what they heard? i want you to get the same story. this is the chairman and ceo of bio haven. welcome back to mad money. >> i appreciate you having me here. we have been busy since the sales of pfizer in the last few months. we have 10 programs over seven class forms from early-stage to late stage and yesterday, we
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tested them out, filing a new drug application with the fda. >> tell me about the product. it is hard for me to understand. i'm sure it's a terrible thing you're working on. >> yes, for this indication, it is called fca. it's a genetic disorder that is ultra rare. it affects a part of your brain called the cerebellum which is the back part of your brain. it's involved in coordination and walking. it starts to deteriorate. it's a progressive disease. over time people die after becoming wheelchair-bound. and our drugs show data that it decrease the progression of the illness and reduce the number of falls for patients which is very important for people who suffer from this disease. >> that is sensational. does it have anything to do with what you are working on with parkinson's? >> -- yeah. >> some of these indications, that's a narrow one. i'm sure it cost the system a fortune. you will get a good price for it. it will still be cheaper for the system.
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people have the treatment -- >> that's correct. and with no treatment available, no options. when you look at other companies there is nothing in the pipeline. we are excited to bring this forward for people who suffer from this. and you mentioned parkinson's, that's a big indication. we are harnessing the immune system to try to treat parkinson's. it's a new approach. we are excited about it. >> the immune system, not the brain. everyone is talking about the brain. maybe that's the way to go. >> that's what we think. people are looking at plaques that have been forming. the immune system attacks the plaques for the degeneration of these disease. we actually think it's the immune system attacking the plaque. if we can quiet that, we think we can stop -- >> is anyone else doing that? >> there's others in the field of neuro- immunology -- >> it is amazing what you have been doing. that's amazing. now, now, you had a home run.
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you wanted to get to pfizer. everyone did well. pfizer is trying to get the word out which is very good. but isn't your stock up since you came on in october? >> it doubled over 180% since we were on your show in october. the pipeline has been broadening. people see the value potential for the pipeline. >> i'm going to say this wrong. bad? >> it's a bad neurological disorder as well. it's another example of us using a module for the brain system. you can see focusing on the immune system, our drug has potential. it is a small module to greater. it degrades part of the immune system that is causing the problem in that disease. we are excited about bringing that forward as well. >> we know that the drugs are the most successful drugs, but they don't have big success. >> that's right. what we have to do is get to the root cause of these
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diseases. we think there are antibodies causing disruption that gives you arthritis. if we can degrade that with rd graders, we can bring forward a class of agents in the area. >> when you say we, how big is the company now? >> we capped out at 1200. the commercial team went over to pfizer. we brought the team to market. it's the r&d team that will deliver new therapies. >> any one of these that hits, -- >> this, we can change the paradigm in multiple disease states and create value for patients and investors. >> i'm the chief spokesperson for the american migraine foundation. i ran the brain foundation gala. the man i'm talking to is a real doctor and a real scientist. he understood. no matter what
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we did, you needed a giant sales team to sell the drug. >> actually, we needed pfizer's sales team. they can reach 1 billion people who suffer from migraines. this is a paradigm shifting medication. it gets people back to normal within an hour. >> when the rain comes, it's not the current company. you need to know the background of what this man has accomplished. it is remarkable how many lives you have saved and how many hours of lives you have saved. did i tell you, doc? i still don't see people taking it. it is crazy. >> we are still getting the word out on newtek. but what we did for those patients, we want to do with other brain disorders. that's what drives us. >> i said it was speculative in october but i knew it was real. i always want people to understand, these are very early drugs. but this is the real deal.
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he saved a lot of people. he's going to do it again. >> it's good to see you. >> "mad money" is back after the break. coming up, is defense the best way to play offense? a round up of cyber security companies that can guard your capital, next. next on last call, we will have breaking coverage of president biden's rare oval office address. plus, a major oil cut at this weekend's meeting in vienna, next. cnbc. everybody's going to have some type of success, but are you complacent with that, that, or do you want more? this fuel, this energy,
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not every company that disappoints is a bellwether for industry. so you have to take a cue from the worst of greed operators. some are untenable, turning eight dud of the quarter. the stock punched 19%. ♪ the cybersecurity outlets report, and industrywide problem . something that could be lurking out there. but now, six weeks later, it paid a pretty darn different
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picture. there are still plenty of giant winners. ♪ we are separating the wheat from the chaff. and we know who is good. and who is not. [ inaudible ] content delivery never rose higher while the action was good. the sales quarter was viewed as grim. it is an increasing macro. it is hard for them to post deals. they took real well, 21% in response. a week later, we spoke to the ceo, matthew prince. he said something that stuck with us. he told us how they are struggling now. they are having shorter cycles, sales cycles. he warned us that motorcycles will ultimately experience the
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same issues. at the same time, he sounded more confident than he expected. he said that cloud cover would be able to -- it would take longer. i hope you took him seriously. it went up 60% since that one interview. now on may 8th, it was going much better than they thought. they also raised the three year forecast substantially. they are coming all the way from under 90 to about 140 today. they even managed to beat pretty consistently. we have also gotten solid results from companies who helped [ inaudible ]
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want cybersecurity solutions from vendors. he said single groundwork. so that very much includes palo alto. he pointed out this is what customer relation management's offer. now process is happening in cybersecurity. palo alto is playing a similar role to salesforce. this could be one of the best stories in the industry. i'm sure we will be stuck with this for a while. i think the $66 billion company is headed to $100 billion. and the cash from warez is going to get us there. he is the best at this. palo alto has done incredible. we heard from a few more security companies. wednesday night we got results. network security play, it was a little bit of a mystery to me. for the current quarter, it raised progress.
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typically, it's 13% plus trading. 2%. i can't see why it would go down more from here at least. we have high numbers to raise the bar at the quarter which closed in disappointment in the first place. the ceo made me less enthusiastic about crowd strik . i think you get enough chance to buy into weakness when stocks come in today. it could be crowd fair. unfortunately, there is no way -- >> the house of pain. >> this is the old-time favorite of mine. then there is sentinel one which is a security play, one that became public as part of the ipo class in 2021. do i have my numbers? they are mostly good. the current quarter, reese the
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forecast, but wall street chose some that were not so hot like morning performance, obligation of po, and the measures, the amount that they still haven't done. both of those metrics missed expectations. the general senses is they are seeing a big slowdown and it is starting to show up and indicate future business. the stock came in the quarter way too hot. it tumbled nearly 18%. sentinel one, it was just plain ugly. a first quarter miss, guidance to the second quarter, keep it here for your forecast. previously, we were talking 40% annual. now they cut estimates to the mid-30s. the whole thing was flat out, formal. the cybersecurity plays i mentioned, sentinel one is
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impossible. this is one of the companies that became public in 2021. given the lack of earnings for this one, even if the stock was 35%, with so many genuinely good street ways, i wouldn't go bottom fishing in the absolute worst one. it's give you some guidance. we have learned from the security office in the earnings season. it was a mistake. things have gotten tougher in the industry. i think there is much more ahead. collin in california, collin?
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>> hi, jim. it's collin from santa barbara. we are curious on your opinion. where do we go after the interview this week, the recent lawsuit and the competition with meta? >> i don't want you in that. there are so many good ones. i like thomas. i have known him for 25 years. i think let's tick with the best one. >> jim, jim, if you were to ask me how successful i am at investing, i tell you i drive a nice car but i wash it myself. i need a real winner so i can stop wasting capital on turtle wax and back and body.
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i think i might be able to afford me a monthly detail. what do you say? >> ed, we went out to santa barbara. i interviewed tony. i looked him in the eye. i said, i've known you for years and years. i said, is this going to do it or not? are you going to do it? you know what? it's at seven bucks. student loans are coming back. he's got the right idea about keeping loans on the book. i have been with him since 1998. all right. we are seeing a separation among the winners and the losers in cybersecurity. i will just pick the winners, okay? the losers -- winners to make that up front. palo alto networks. all right, but for mad money, my sitdown with hostess brands, how could the interest rate impact stocks? not that much. but i am offering my take on apple ahead of its conversation this week. and of course, friday, stay with cramer. ♪
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♪ >> many investors have fled from these stocks. these are plays they are less worried about, if the feds start raising rates. even in this environment, some stocks have powered higher. take one of my favorites, hostess brands. the parent company is hostess. but it is all over the place, up 17% for the year. i think it's part of a broader bull market in snacking. they had a rocksolid quarter one month ago. to get it higher, the president and ceo is a favorite on the show.
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welcome back to "mad money." >> it's always good to be here. >> you got the donuts. i'm going to accuse you of something right here, right now. i don't believe these have zero sugar. i have a full bag of them today. i feel fat. is it zero sugar? >> zero sugar in the cookie category, and that subsegment has grown twice the rate of total cookies. >> i look for something guilt free. it is less than 100 calories, they are fantastic. you are putting out -- we have to start banning these. three of these today? tell us about these things. >> this is the latest innovation. it's off to a rocket start.
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we are reimagining cake into a broader snacking market. the way you do that is you reimagine the way consumers intersect snacks. you bring them baked goods which they universally love and put it in a bar with what they love. combine cake and bars and make it indulgent. >> with your innovations -- you are an innovator all over the place. this, i folded up. then i had it again three hours later. it is the same. a lot of them used to be like a saltine. no. this is all your stuff. >> we have the zero sugar. we have t in the easy open pack. we put it in a bag so it is more shareable. so the innovation team is doing a great job. >> now, all right. we all played a quiz today. we had to figure out what are the five targeted occasions for smacking? they are all true, morning, sweet start, afternoon reward, if we go over that today, immediate consumption. afternoon sharing, i mean, you
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wrecked our day and made our day. >> yeah, that's one of the things about being an indulgent snack. it's growing the food. right? there's this mindset that healthy snacks versus indulgent snacks, the reality is that consumers do both. almost half of the u.s. snacks more than three times a day. >> absolutely. >> so they do everything. we are bringing them the products they love to be able to do it. >> the work from home thing, i am jealous. i have to come here every day. i'm jealous that 2:00 you get a little grace. don't get me started. you brought in some stuff over time, this stuff is believable. i have to hand it to you. everyone told me this was dead. you could never make any money off them. you are almost back at the peak even though you had stuff that went up in price. it's obvious you are advertising correctly because people are getting it at the
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right spot. you must see what spot they are eating. it is coming together for you as you said it would when you first came on the show. >> i did. one thing is the ubiquity of our availability. we are in immediate consumption, we are in the grocery store. as consumers went through covid they are at home snacking more and driving more. both are good for business. snacking, they have got these accessible and indulgent snacks that are good. i have to hand it to my team. they invested in product quality. we don't have a forever shelf life, but we have a window of shelf where the product is really good. we spent a lot of time on it. >> there are guys who do donuts. i've got to say, i love a good donut. but after 8:00, done, done, done. this stuff, all day. people come in when they are driving home, right?
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they are hanging out at the house. people at work friday anymore, right? what are your friday numbers? it must be off the chart. >> when consumers are going through the convenience store, they are getting ready for the weekend. they go inside. we call it inside sales in the industry. even when gas prices are going up, the frequency goes up. they go in. if they are going to cut some dollars, they will cut it in the beverage first. they will keep their snacks. so we have availability and access in the economy. >> one of the points you raised, you are an incredibly transparent guy, this is something you actually teach your kids about. i taught my kids about this. i said, when i was younger, this is what i ate. they said, dad, you are cool. >> the kazbar is today's cool. kid snacks ill be talking about it like you and i talk about twinkies. >> so this is our newest
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bakery. it is coming online in q4. it will expand our capacity on cake and donuts by 20%. and we need the capacity. the time is perfect. the board approved them. we will be ready to go. >> i bet you walmart wants it. >> walmart is a great customer. we have great relationships with customers. >>'s statues, going into walmart, put them by the court. >> they are a terrific partner. these are very important. not just supporting them with innovation and the supply chain, but also in the supply chain. during covid, we made it a point to innovate and service customers. >> you've done everything you said you would do and more. and darn it, this stuff tastes good. all day, not 8:00, but 4:00 until 8:00 -- >> if you need an indulgent snack we are there for you. >> you are too much. national donut day? >> we consider every day donut day. >> the president and ceo of hostess, this has been an amazing stock. it is the best of the snack food category. we are back after the break.
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coming up, what is on your mind? give us a call. the lightning round is storming the nyse, next. (vo) this is sadie. she's on verizon, and she has the new myplan where she gets exactly what she wants and only pays for what she needs. she picks only the perks she wants and saves on every one! all with an incredible new iphone. get iphone 14 pro on us when you switch. it's your verizon. this is the all new, all electric lucid air. a car that goes as far as it does fast. as sleek as it is... spacious. as smart... as it is beautiful. introducing the lucid air. experience the best. ♪
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- psst! susan! experience the best. with paycom, employees do their own payroll. - what's paycom? a magic payroll genie? - it's a payroll app. - payroll is way too complicated for the average person. - paycom guides them through it. missing or duplicate punches, pending expenses, unapproved pto, on and on. - why would employees wanna do all that? - this could be a stretch, but i think it's 'cause they wanna get paid correctly. i like getting paid correctly.
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thanks for all you do. >> thank you. >> your advice on metcalf medical company located in utah, their major product lines are oncology, critical care and cardiology, all growing areas in oem business worldwide. normally, they beat their estimates. they don't overpromise. they don't under -- they are earnings per share. you sure to tweet about 11%. 7.5, what do you think? >> i'm sorry? >> medical? >> the stock has had a very big run. i think you do have a winner. i think you could pull back a little. it's up 20%. so we had it come in a little, but i agree with you. let's go to dennis in new
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jersey. dennis? >> big boo yah from here to new jersey. >> by the way, i love your taste in movies. he got the oscar for that. >> how do you like that? you're absolutely right. what is up? >> i want to get your thoughts on lumen our technologies. >> that's a money-losing company involved with auto driving. we have to say no to that. i like this a lot more than auto tech. but thanks. how about radon in california? >> hey, jim. how about father? >> i can't recommend it. you will lose a lot of money. it will end up hurting us. let's go to michael in california. michael? >> what do you think the gameplaying is? what you think about ownership? >> i don't know, jacksonville?
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i'm starting to get a little more cool in some of the real estate companies like that one. let's go to bobby new jersey. bob? >> jim? >> show man is in the house, what's happening? >> first time color, long time listener. is the ai boom a real deal oro valley before we had to recession? if so, how do you think about the stock? >> i don't think the company is worth what it is selling for. i think it is a means stock, frankly. let's go to nick in illinois. nick? >> boo yah. >> boo yah. >> you should've never changed your dogs name. i think they make money monday through sunday. what you think about energy transfers? >> they have done a lot of good growththings.
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they have very good yield. i did not trust the company, not anymore. i think it is a buy. let's go to matt in wisconsin. matt? >> hey, jim. i have been watching your shows since i bought stock in college in 2005. >> yes, that's why i miss the old college trying to get back. what's going on? >> i'm asking for your opinion on lng. >> i'm going to trump that with new fortress energy. that is wes edens company. i really like it. and that, ladies and gentlemen concludes the lightning round. >> the lightning round is sponsored by td ameritrade. ♪ ing experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand your perspective. and a dedicated trade desk of expert-level support.
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♪ >> there are only 2 stocks i tell you to own them, don't trade them. tonight, i talk about the original. on monday, apple is expecting an augmented reality headset, not just the updates we expect from the annual worldwide developers conference. as is almost always the case, i predict those who trade apple who bought the stock today in hopes of making a killing on monday will be disappointed. if apple does reveal the reality pro which is a meet --
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mixed reality pod, something concerns me. these have not been a big hitter for anyone. i know the apple senior vice president said apple doesn't put out anything unless lots of people at the company try it and like it. they said they say no to so many more products than they say yes to. i don't believe it would be something that is unpopular. what can i say? i trust their judgment. even if it is good, the stock has run up dramatically which limits your upside. you should know that. that's why i always tell you you get into it for a short- term trade, then you dump it. you lose money. if the device is great, you discourage them.
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when you are trying to make money in apple, it jumps steadily higher. tons of people themselves out of the stock over short-term concerns and worries. that has been my decision for almost 10 years. remember why i like apple so much. they are a tech company with the highest customer satisfaction. that means when they put something out, it is loved. that is on a customer basis. it is the value of each customer . that is what the stock trade is for. it's growing its user base by another billion people as regions build out their 5g networks. i think china should be considered in the mix. they have a big footprint there. so if you think you can make money on the new apple product reveal, history says you will probably not do so. you know what that reminds me of? the traders who faded, faded the stock of nvidia after learning it could make $4
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billion more in sales than analysts were expecting. that is the biggest guide up i have ever seen in 42 years of training. if you follow me regularly, you know this is the only stock that gets my own it, don't trade it approval. i told you to stick with it. i was right. the stock keeps rolling. i understand. i'm never going to get it to take profit, okay? but the riley space is not about evaluation, but future evaluation. and they have a habit of way over achieving. in a couple of years, i think you and i will look back and realize, you know what? the stock was so expensive. it turned out to be not expensive at all. what we have seen time and time again, i bet it happens one more time. you shouldn't trade now with nvidia. you should stick with it. these signal much more firepower behind them. so just hold on. hold onto nvidia. hold onto apple.
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don't try to trade them. i think you will probably regret it. there are plenty of other stocks you can sell huge slots of after trades. there are good investments like apple and nvidia over time. try to find just a few here on mad money. i am jim cramer. see you next week. i hope to find my voice. last call starts now. i'm brian sullivan. we begin tonight with breaking news. in minutes, maybe moments, president biden will address the nation from the oval office. it is his first ever oval office address to america. in the statement, he is expected to take a political
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