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tv   Mad Money  CNBC  September 8, 2023 6:00pm-7:00pm EDT

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>> sell goldman sacks and morgan stanley. >> brian? >> buy a call spread in oracle. you guys look good in the new set. >> thank you. >> mike khouw? >> call spreads in adobe. all right, that does it for us here on "options action." we'll be back next friday. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now! hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. or tweet me @jimcramer.
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wall street last week, how mappy t happy this makes me, up just a little bit, it's going to get more exciting next week. why? so often the filter for companies is dry and methodical. a statement, a q&a, research. not next week. next week we get the real skinny from hundreds of companies who speak for a long time. kick off by telling you what i think you're going to hear. this is the narrative, and i quote, business is pretty darned good, after all the rate hikes would have expected business to have slowed down dramatically, but it hasn't happened. we're always wary and customers are taking longer to debate decisions, it's pretty darned good. end quote. inspect that from the laguna ko conference, one of the most
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important confabs of the year. and jp morgan ceo is going to kick things off monday around 1:00 with what i bet will be a screed against the idea we need more banking regulation. we're near the end of the fed's cycle. five, six months left, heading to 2% for inflation, you have only a couple of rate hikes left, you need to get more bullish in the stock market historically speak. but at this point the fed has sent the economy into a slow down, so now the companies may go down. but this year i expect a few more of those, and you have to buy the stocks of companies doing well, just spoken, whose stocks get drowned out and go down because of the negativity
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of a few companies. my charitable trust put a ton of money to work for lower levels and i'm tempted to buy into the latest downturn, especially in tech, which has been clobbered, and one of the companies we'll have on tonight. can't wait. we're going to san francisco monday for the largest tech conference in the universe thrown by salesforce. i learn more here than the rest of the year combined. it's undervalued stock, it rallied huge, gave back all the gains and is trying to climb back. it's an opportunity. i'm excited to hear from oracle monday night. which we've been starting to buy for the trust. oracle and salesforce have been among the most aggressive artificial intelligence
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adopters. those who can use it to save money and time are the best of a.i. for customers and shareholders. they've had lids on of late thanks to apple's china worries. i get there could be consequences for apple, but i'm not on the bandwagon of doom. the new iphone released wednesday, it's pulled back hard ahead of the release. maybe it turns things around. although the first comments, just so you know, are always from the negative. the last comments are from people who like it. stock tends to go down a percent or two on the launch. if you want stock to bounce off good news on the china front connected with apple, broadcom. acgo. it does a ton of business with
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apple. and a deal with vm-ware that would be positive. if there's a thaw in relations, you get a big win. we own in the trust because i believe the deal will get done. but tensions with china might make it harder, i respect that. minefields nextweek, too. a bit of a gauntlet. wednesday, we get the consumer price index numbers and those could derail the positive trends i see coming. i don't think so. retail sales numbers on thursday, all the numbers are incredibly important. if we get through next week without a wild market reaction, we'll see a lot of bears converted by here. not kidding, it's an important week. will be tough. plenty of analysts expecting hard ending, or recession, i
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don't know what data they're looking at. but i expect a minor slowdown, not enough to count as soft landing. deadline for a labor deal with the uaw and ford, gm, and stellantis. the ceo of uaw is an incendiary guy but knows the long strike favors the automakers, bigger war chest. ford has five months, uaw, five weeks. the arm ipo, the semiconductor company using chips for just about every device, best known for the set. they're partnered with nvidia on their important semis. if you can get in on the deal, you should. doesn't hurt that arm's management is very strong.
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thursday night, well, adobe reports. i think it's going to be interesting. why? because they're making the best use of a.i., helping thousands of clients build websites that can change constantly and are much more responsive. last time stock ran up in the quarter, rallied after the report, then got crushed the next series of days. before that rally, 100 straight points. hope the pattern here where you can buy after a big quarter is repeated so you can buy in a weakness that's unjustified. also on thursday night, lennar. home prices just won't come down, i don't know what is going on. lennar is too well run to have a true debacle. even with the mortgage rates.
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worry phase of the market on friday because next week is the fed meeting. if we get macro numbers too hot, cpi, ppi, and retail sales, ban will be back in play. the fed are waiting just like we are. if they're okay, they can skip this time and makes me feel more sanguine about the market. what else? bottom line, interest rates stabilizing and a break in the relentless oil rally. both could happen and if that's the case, declines will reverse so radically, you better hope you can do some -- >> buy buy buy! >> dan in minnesota. >> caller: how are you? >> i'm doing well. beautiful day here, happy you called in, how can i help? >> caller: i love it. my dad, jimmy, started his first
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restaurant at 17 in austin, minnesota, home of hormel. we've been a big supporter of their products and stock. but we haven't seen it this low since '18. nice move up in q-1 of 2022, past 50, now stuck around the high 30s. what are you thinking about it? >> so glad you called me. i happened to look at the stock today, friend and i were talking about it. i think 3% yield, you patiently buy some. want 100 shares, 25 right here. then you wait by yield. another 25 at 3 1/4, another at 3 1/2, 3 3/4. that's as low as it's going to go. it's a good one, it's not going to happen overnight but a good stock and great dividend producer. let's go to piyush in
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california. >> caller: changes for taking my call. >> my pleasure. >> is amgen a good buy? >> i like this deal. i'm glad they backed away. the pharmaceutical deal will be strong. i'm a fan of orphan drugs. think the bull case for the market will build if interest rates and the price of oil behave. "mad money" today. could an investment in celsius be right for your portfolio? i'll see if the move continues with the ceo. then signet, the jewelry company could be a diamond in the rough. and rh is toppling, should we buy or remodel?
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i'm with the ceo. stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. adss something? he to madmoney.cnbc.com. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley. power e*trade's easy-to-use tools
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that first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. godaddy. here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch, it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.
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(announcer) enough with the calorie counting, join the millions of people taking back their privacy carb cutting, diet fatigue, and stress. just taking one golo release capsule with three balanced meals a day has been clinically proven to repair metabolism, optimize insulin levels, and balance the hormones that make weight loss easy. release works with your body, not against it, so you can put dieting behind you and go live your life. head to golo.com now to join the over 2 million people who have found the right way to lose weight and get healthier with golo. there's a lot of wisdom in the old investing mantra, buy what you know. you'll understand why i'm excited about celsius. valued $22 and change.
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22 bucks. we them on less than three years ago and we liked them. it's 94% run year to date. when they reported last month they once again delivered record sales and once again almost doubled wall street earning estimates, and the stock jumped in response. can it keep roaring or should we be concerned due to the scale of the move? let's check in with the chairman and ceo. welcome back to "mad money." >> glad to be here. >> first had you on in '22, and you told us a great story. i have to believe it's only gotten better. last time, previous quarter was the first time you exceeded 200 million in sales, then you exceeded with 300 million in sales a quarter later. how are you putting up these numbers? >> it's amazing, coming up on
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one-year relationship with the pepsi sponsorship in october. the company is doing well, drinking a refreshing sparkling fruit punch that hit the market, it's in circle k. we're going intergalactic, it's phenomenal. bringing out the most refreshing energy drink brand known to mankind. >> let's talk about the demo and the story. i think there's a group of different people my age who don't want to get hammered, even buzzed, they want to get healthy and they're avoiding hard liquor and drinking celsius. is this a generational pull? >> i think what you're seeing with celsius, which is phenomenal, we have refreshing flavors, lemon lime, seven essential vitamins, green tea, ginger, biotin.
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we're thermogenic and help you achieve health goals. we're bringing in new consumers and we have great mocktails coming up for the thanksgiving holiday. check out on instagram, tiktok and snapchat. >> these with beer with no alcohol have taken off. you've tapped into it. a company called monster, 2,729% return. and people didn't believe it. never thought it could happen. i hesitate to say you could be the next because that's one in a million, but there are characteristics of your company, where you're found, the pepsi relationship, club relationship, demographics, it could come together in a spectacular way. >> yeah. jim, i think we just announced
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last week, barclay's conference, jersey mike locations, subway locations. the celsius port foalfolio, we' more than energy. consumers drink with sandwiches, at lunch, expanding the usage occasion with energy. we have a total beverage play potentially as the energy category is getting more broader with the great flavors we have. >> this is anecdotal but we're gigantic drinkers at the office. does anyone like to order, we like to ship like target and they're out of celsius lots of times, is it in short supply for a lot of retailers? >> we're producing a lot. see the numbers in the second quarter, $326 million.
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we're working hard, producing. lot of great flavors, high demand. number one on instacart. seeing a great success in retailers and chains. hopefully you can find one near you. >> the pepsi relationship. they got in in the '70s but the stock spiked before that. 2022. i speak to pepsico, they love you and proud they identified you. when we first met people were shorting your stock thinking you were making claims you couldn't back up. all the stuff the shorts told me, i guess it just went away. what happened there. >> yeah, the short thesis, you know better than me on that. but what is real is celsius and the partnership with pepsi has gone phenomenal. they're great partners and executers. they brought us from in the
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reported stores 60% acv, now we're at 95%. you should be able to find us in any store near you. 15 on average facings at retail now and adding more. also before the partnership, 3.4 share in the category. today, closer to the 10 share that haven't been done in over a decade. astonishing achievement. great hard work, partnership, and great brand, portfolio and flavors. >> how do i enroll in celsius university? >> we just graduated 170 college students. phenomenal. i got the whole leadership team presenting, teaching them about business, operations, finance, management, consumer marketing. they're going to 76 college/universities around the country to be ceo on campus.
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we're going to graduate another class in the fall. super exciting and would love to have you as a guest speaker. that would be amazing. >> frankly i'm intrigued. i'm fascinated by successful business people who have done great things and we should celebrate more business in our country. that's why i think what you're doing at the college level is exciting. it's original, no one else i know has done it and you're cre cre creating ambassadors every school. when the hard liquor needs them but doesn't go with them. >> we fly the -- flew the kids down, hotel in fort lauderdale beach and every parent said they were scammed on timeshare or something else. we're real, the brand is real, numbers are real and consumers love celsius, most refreshing
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drink on the market. >> we're great testimonials in our office. and frankly i'm glad that kids are getting away from hard liquor. never good, and going with celsius, i like that. john fieldly is the chairman and ceo of celsius, thank you, good to see you. >> good to see you. >> "mad money" is back after the break. >> announcer: coming up, have a soft spot for something shiny? cramer polishes the report by signet, next.
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reports in unusual chains. talked about the turn around at lululemon, that's a good story. today, i want to highlight signet jewelries, it told a much improved story overlooked by everyone. it was one of the greatest turnaround stories out there, was in big trouble in 2017. they were more of a subprime lender than a retailer with nightmare stories from people working there. got rid of the portfolio, outsourcing to third parties, stabilized the core business. tremendous digital acquisition, including blue nile that tried and failed to go public. after the covid crash in 2020, signet stocks soared from mid single digits to triple digits
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at its high in 2021. then the fed declared war on inflation and post covid era. it's still a long way from previous highs. what changed here? last year signet was clubbed by the same issues of other retailers. end of the pandemic era stimulus payments, people had less to spend on big ticket items. now they can go out again. i expect a lot of jewelry was bought in 2021 because you can't take a vacation or go out to dinner. but another covid thing hit them hard last year, decline in people getting engaged. on average, couples will date two or three years before getting engaged. took me ten years, slow mover.
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problem is, it was hard to meet people in 2020 and much of 2021. two or three years later, there weren't as many couples looking to get married, fewer engagement ring sells for signet. it's been controlling what it can, cutting costs, making smart acquisition. when we spoke to her, she said the work they've been doing behind the scenes was about to pay off because the jewelry market would recover, including more engagement ring sales. 20-25% lift in the next three years, i like that. still one more big quarter left in signet, the report in june, overall mixed, ugly same store sales but solid. substantial cut to the four-year forecast. talking about macroeconomic
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pressures and the competitive jewelry industry, things you don't want to hear. but everything changed when they reported thursday. ahead of expectations. same for total sales. earnings front, $1.55 per share looking for $1.45. better than expected margins. this time the guidance didn't torp torpedo it. it was light but better than three months ago. best of all, cutting every line of four-year forecast in june, this time they slightly raised the earnings and left the rest untouched. got the negativity out of the way. why? she reached out to me, said that signet to beat the expectations thanks to the flexible operating mode that came off years of
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structural cost cuts. second, they're starting to see green shoots on the sales front, saw quote a robust improvement through the quarter. good cadence there. fashion merchandise, by female self-purchasing. interesting. and gifting helped with higher price point fashion sales. great engagement comeback? it's still on track. 25% lower this year than before the pandemic. using their database to predict the engagement trends, she expects the pool of couples to improve 700 basis points this quarter. signet is standing by that prediction, they're even more confident than they were before. the balance sheet continues to improve, liquidity has more than doubled from prepandemic levels.
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and they don't have too much merchandise, won't be too much discounting. now we've seen them deliver. in april investor day they introduced medium term things. three to five years, expect to reach 9-10 billion in revenue. that's up from 7.3 million high end this year. big gain. $14 to $16 earnings per share, up from $10.14 at the high end of the forecast. easier to feel confident in the numbers because signet is no longer disappointing us. these boosts were shocking and that's why the stock bounced up. it's given back in the week's heavy action. that's a gift. super cheap, 7.6 times the
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midpoint of the four-year earnings forecast. stocks only get that mobile when wall street doesn't believe the estimates. i think the worst is behind them. should be upside. signet has gone through a rough patch the last 1 1/2 years, thanks to forces beyond their control. but the long engagements low is going to start ending and they're in good shape thanks to the self-improvement efforts. i would be a buyer before the turn begins in earnest. once the comeback is obvious to everyone, you'll miss the best part of the move. ann in indiana. >> caller: calling from the heartland, happy club member. thanks for taking my call. how did you know after the first messy quarter from footlocker
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not to -- your position instead of seeing a buying opportunity. >> first, i should not have bought at the beginning. she came on with a good story and things have gone wrong since then. but i knew, the trader in me -- when a stock goes to a level and can't go up no matter what good news for tape there is, or the whole market moves up, that means sellers are just sitting there. when sellers are just sitting on a stock, that's going lower. something i've learned as a trader -- i'm an investor now but traded for a long time. that stock action meant it was going later. thanks for the kind comments. rico in massachusetts. >> caller: boo-yah, thanks for taking my call. long time listener, first time
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caller. thank you. i'm interested in your analysis off a stock i think has great seasonality, that is dltr. >> i'll tell you the problem with them. they reported recently and i read the call, they were negative about themselves. literally said we did a bad job. i'm never going to tell management the system did a bad job, no, good job, it was just bad. signet has been through hard times, the company is in better shape and it's great to get in now before the turnaround gets going. next on "mad money," all eyes on rh, i'm sitting with the ceo. why curiosity could be the key to your next investment, and rapid fire lightning round. stay with cramer.
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take the first step to see if your small business here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre.
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we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. rh, luxury home goods artist, restoration hardware. it was spectacularly positive headline numbers, some from timing quirks, but the quarter was great. the straight talking ceo gave us a conscious, some would say caustic outlook on the economy and the luxury housing in particular. he correctly called the coming downturn in retail last year after the feds starting tightening. that's why the stock plummeted today, but that's a plain old
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mistake. rh has growth initiatives coming, especially in expansion overseas. they repurchased a staggering 17% of share count. you don't buy that much back unless you're confident. don't take it from me. let's check in with gary friedman, the chairman and ceo of rh. welcome back to "mad money." >> thanks for having me, jim. >> gary, something jumped out at me this quarter, top of your release, the company repurchased 3.7 million shares in the second quarter, $325 average. 17% of the total shares outstanding beginning of the quarter. i've been in business 42 years and never seen that much bought at one time. obviously you're taking a longer term view, betting things are going to get really good for rh. is it an inflection point? >> we believe in inflection points but the other headline,
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3.7 million shares were purchased last year so almost 30% outstanding shares. we believe it demonstrates our confidence in what is about to happen here. >> does seem, the stock had a bizarre decline today, i try to read the different things you put out in a vacuum and don't look at the stock. i thought it would be up today because that's how, if you take the longer term view, the only way to view the rh quarter. >> there's three headlines, we reiterated guidance for the year and actually took it up a little. brought up the low end. our performance is exactly or slightly better than communicated. and we just launched the most prolific group of new products with the interior sourcebook followed by the new contemporary
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sourcebook in october and modern sourcebook in january. all of which we believe will create an inflection point in our business in the second half of this year despite the difficult housing market. then that will hit a peak inflection point in the first half of next year as we launch the second phase with another sourcebook mailing. will be about 80% new products at rh. >> people want it. >> it's the biggest, most impactful thing we've done in my entire career here. hence the share buyback. >> what i think is going on, people are worried about the economy. i'm not one. i think things could stabilize next year and believe therefore rh would be a coiled spring. not kidding you, spent a lot of today with jeff march who works with me on the charity and trust, we wish we could just buy it for the trust. you've been with me a long time
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and i've never seen you this more optimistic about the longer term, what we care about. i don't care about margin problems from the sourcebook for the next three days! >> wall street tends to have a short-term view and we always lead the business with a long-term view. going into my 23rd year here and never been more excited. i think when everybody sees what's going to happen with this business over the next couple of quarters, i think they'll feel the same as we do. but look, you can't do anything about short term. i concur with your feelings about where the economy is going. i think we've hit a bottom in the housing market. i don't think interest rates are going much higher, and if anything, hopefully the fed will start easing because it looks like they've got inflation finally under control.
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>> i agree with you. i always think you run out of locations, then you say you identified 40 more. and seeing where you are, going out west next week, thought you might be, no, you're in miami beach coming up with another iconic thing. if this stock was up 50, wouldn't be talking like this, just trying to get people to understand. you're in miami to instill one more thing no one else is doing. describe it to us. >> one of the most important pieces of public property in miami, 1 ocean drive, they're doing a public art piece for. we believe miami is one of the most key local cities in america. there's new york, los angeles and miami beach, three iconic places in north america. it's a bridge to south america and a global city. there's a chance to do something spectacular here. we're proposing to one, restore the site, originally a public
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park, to historical origin by re replacing a parking lot with a public park, views of the atlantic ocean, expanding green space, and incorporating rh beach house, a version of the guest house we introduced in new york. beach club, bathhouse and spa, design studio with a architecture and design library. three restaurants on site. we think it's a magnificent opportunity for the community of miami and the most significant capital contribution we've ever made. 150 to 170 million with 50 million of public benefits. we think it's great for the city of miami beach and the rh brand in one of the most important
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cities in the world. >> also you've got dusseldorf, we haven't talked about what you're doing in the uk. you're expanding all over the globe. but you're not at this point near any saturation, are you? let's say people who have done well in their lives and want great looking places, there's still places to go for rh. >> we're still halfway through the north american transformation, transforming the legacy galleries. we have another 40 to 50 design studio opportunities in smaller cities or second home markets. then we're just starting our global launch, just launched rh england in the countryside which we think is a magnificent way to introduce a brand. we'll be opening rh paris next
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year. we've got madrid coming, milan coming. in a couple of days i'm flying over to milan to meet with the city council. and so we're just beginning a global expansion of the brand. it is very early in the rh story and we couldn't be more excited. >> that's what i wanted to hear. the average price you bought the shares, $325, it's rare i've seen this opportunity to buy where you have bought. gary, to me you're just delivering after delivering, and i urge people interested in this story to actually read what you have to say, it's very different from what the reportage is about what you're saying. i am a little steamed about it. i know what an artist you are and how much money you've made for people. gary friedman, chairman, founder and ceo of rh. thank you so much, good to talk
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to you. >> thank you, jim, thanks for having us. >> "mad money" will be back. >> announcer: coming up, cramer takes your calls and the sky is the limit. it's a fast fire lightning round, next. every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. the best advice i ever got was to invest with vanguard for my retirement.
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...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. [ bell ringing ] >> it is time. it is time for the lightning round. you say the name of the stock. i don't know the calls or the name of the stock ahead of time. i tell you whether to buy or sell. when you hear this sound -- [ buzzer ] -- then the lightning round is over. are you ready, skee-daddy? that, ladies and gentlemen, is time for cramer to start the
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lightning. blaine in washington. what's happening? >> caller: thank you from seahawks country in washington. >> i got charboneau. >> caller: a utility stock, 3.4% dividend, near a 52 week low. read an unknown whale sold a large amount of shares tuesday, i'm down about 12%, my question is, should i hold this utility to the winter months or dump some now. it's american electric power. >> no, you buy. won't be a smooth ride. 4.2% yield is good. the short-term rates are high because the fed has raised rates. that's why it's down, nothing to do with the company, incredibly well run, i would be a buyer.
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wyly in nevada. >> caller: boo-yah from utah. >> what's happening in utah? >> caller: beautiful, golf weather here. question on verizon. i bought at $51 a share, done nothing but gone down since -- >> we don't care where they come from, but where it's going to. verizon, it's 8%, i'm willing even with this management team own it. can't believe i said that. didn't mean to be mean. mom said if you don't have something nice to say don't say it, but i just did. gary in tennessee. he's going to be lucky, this guy. >> caller: boo-yah, professor cramer. how is it chill today, greetings from louisville. chur churchill downs.
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>> it's always been strange, was nothing but pizzazz, but i say buy draftkings. they're crushing it here. this is the conclusion of the lightning round. >> announcer: coming up, a defense of the stock picker. start with an index fund, do your homework, stick with cramer. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley.
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people always ask me, cramer, why are you so possessed with individual stocks. i like index funds fine, not that interesting but great bedrock investment. i got stopped in europe this morning by a nice man who asked about the tomatoes i post on twitter. wondered how to get his to grow like mine. said thanks, look, it takes a lot of luck. it's not all luck with individual stocks. you need curiosity and the power of observation. that's what makes owning individual stocks so much fun. and lucrative. let's take our guest tonight,
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celsius holdings. in summer of 2022, my daughter told me all her friends were drinking celsius. had them on the show, interesting story but some negative press about the ingredients. but asked the younger people on this show and surprising number were drinking it. instead of monster, red bull or coffee. it's become the drink of choice versus the others. incredible. first time they were on in october of 2020, 22 and change. march of 2021, 48 and change. 2022, $104 a stock. now it's 201. if you listened to our interviews, paid attention to younger people drinking, or looked around when pumping gas, could have seen it coming. it was everywhere and nowhere.
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say you bought it on your observation, someone else did, the people who run pepsico. they know more than we do. $550 million stake in celsius, 8.5% of the costs. it was well above the $75 level. $98. if you bought celsius after hearing in 2021 about pepsico, you're rewarded handsomely. if pepsico got behind it, could happen quickly. you could have lost money of course, but you had a chance to put your eyes and ears to look and make more money than an index fund. or you liked carne asada in 2019, i ranted about how much i liked the stock. management talking about how well things were going after
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chipotle introduced the delicious dish, you could have bought two, three shares and now it would be $1,945 stock. difficult, i don't think so. it can work both ways. been to cvs or walgreens, we know it's easier to order from amazon. nothing against them. but observation and curiosity are the cornerstone of individual stock picking. don't be buffaloed when everyone migrates to n migrates to instagram, says google it. it's not the end, it's the beginning. there's more homework to do before we buy any stock. i wish the critics understood what i know, the vast majority of those watching the show have
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the ability to do this, understand this and process the craft and more importantly, you have the eyes, ears and brain where the good stock picking begins. it's a joy. don't let the curmudgeons take it away from you. there's always a bull market somewhere and i promise to find it for you right here at "mad money." i'm jim cramer. right now, on "last call," a retail ransacking. brazen thefts, sweeping the industry. but how much is it costing investors? we've got numbers you will not hear anywhere else. nvidia, ceo selling big stock. but is it the warning some feel it is? elon musk, exposing his power in the ukraine-russia war. and whether it should be reigned in. employee happiness, falling through the floor. our covid lockdown, suddenly seeming like a golden era. we'll try

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