tv Mad Money CNBC September 27, 2023 6:00pm-7:00pm EDT
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>> he must be bored if he does that >> is he a dean or -- >> dean. first name dean? >> sketchers i'm size 11, by the way. psx. i think it's breaking out to the upside >> thank you for watching "fast money. we'll see you back here tomorrow at 5:00. cr" thim, "mad moneywi j amer starts right now. watching money. in the meantime, "mad money" with jim cramer starts now my mission is simple, to make you money i'm here to level the playing field for all investors. there is always a bull market somewhere, 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 make friends. i'm just trying to save you a little money my job is not just to educate, but to put this into context so call me at 1-800-743-cnbc tweet me @jimcramer. sometimes the market makes
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noceps whatsoever, or does it? if rates go higher, you have to sell stocks. if oil goes higher, you have to sell stocks. that's what september taught us, right? dow finishes off 69 points, but the s&p advancing. most importantly, the nasdaq is gaining after being crushed. yesterday was hideous. how is this comeback possible? is it fanciful or real okay we got oversold. that's all we have stocks that have been dropping for days, weeks it hasn't mattered at all until today. why? first, we are about to turn the page from september, particularly if september is bad. if september brings rain, october bears fruit. there is too much history of that happening you can't afford to ignore history. that makes for bad choices oil is soaring second, and perhaps more important, i tell members of the
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cnbc investing club we use something that's objective to pay service called the s&p oscillator i use it to measure when the market is overbought or oversold i know this kind of thing probably sounds like genuine wall street gibberish. let me explain the oscillator measures buying and selling pressure things are relevant. kind of meaningful but when the oscillator gets to plus five, it means there is way too much enthusiasm, and you have to do some selling. at plus five, you missed that upper move how about the other way? mirror imagine it opened at minus five and change selling pressure, way too much when we get that oversold, indeed, we rebound sure enough, this afternoon we had that snapback rally.
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no one knew why, but everything i'm telling you is probably why it happened. in the last year, in the last year, every time, go around. sometimes it is small. sometimes it is large. you can say it's apple but it's worked for me since i started following it in 1987 you cannot sell when it is this oversold you have to wait for the market to go higher if the oscillator is more negative, you have to just buy that and nothing else because interest rates were awful today. they were higher and they called this market for real look, i look at everything okay anything that can help us make money, you and i are going to get it i trust the oscillator short-term, just short-term, especially when we're coming into a seasonal strong period or stocks especially the sellers of tech who seem to walk away around 1:00 p.m it happened. maybe they too thought they were
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selling. first time, at least will they stay away? i don't know maybe they will come back. we keep get the readings that show the consumer struggling we know the prices at the pump will make things worse rates have gone up on a day like today where interest rates were tame until oil prices shot up, we have to follow it. our biggest problem is we can't find a reason why oil might go down everyone we have spoken to has a good track record says that oil can go to $100, but not much further. $93 and change maybe some jumped off. hard to tell to excess when prices are this high haven't done it they aren't even tempted we don't see rigs swing into action normally oil is above $90, they would be drilling like darn crazy because they would be so excited. not happening. so we can't find a reason for
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interest rates to stop going higher, either the fed is still selling bonds, pushes prices down we do see some signs of inflation peaking, which is big. amazon and walmart bigger. i'm excited to have craig on the show because last night's costco's cfo who runs the call told us inflation dropped to 1% to 2% down to 3% to 4% in the previous quarter if jay powell shops at costco like everybody else, maybe that's the price to apply to the vendors. we know as long as unemployment stays low, we may be stuck with higher interest rates. as long as people have jobs, they will continue to borrow they need to make the mortgage payments because their home keeps going up in value. if the send truly wants to beat inflation, we will have to see mass layoffs you and i both know that
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i know that's not something we want, but it is what we need just don't want it to be us. all that said, i talked about capitulation and how you could cut it with a knife. so i saw this guy on the street today who said to me he said, hey, you, i know who you are. why can't you stop the selling i explained as big as my head is, i don't have that magical power. he gave me a look like, how could i be so useful people do not stop me in the street and ask me for help to get the market higher. when you get desperate like we are today, people say can't you stop the selling i wish i had that power. i am able to tell when too many people have that same desperate, desperate people i guess i trust the oscillator and club numbers know all too well, it can measure how many people are asking me to turn the market around and more or less an anecdotal. let me tell you what happens
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there tends to be a wave they're hiding they're under their dusk, in bunkers. they come out tomorrow morning and tell you all sorts of stuff you already know the people have been short in the treasury start being fearful of being short. maybe someone takes profits in oil. is it all tactical and based on sentiment? i don't know is it about october? >> i don't know. did today's bounce mean a lot? well, yeah, it kind of did there is a bottom line because for once in the last few weeks, the bears who have had a jolly good time of it finally had something to fear. and that alone means there could be a rally, at least as long as nothing whatsoever happens to the bond market tomorrow because this god forsaken month is almost over and it is worth it to be a little more bullish than the fundamentals would indicate. let's go to rodney in texas. >> caller: jimmy the jill. fly eagles fly. >> oh, yeah.
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>> caller: and boo-yah to your friend on his 30th anniversary. >> how do you like that? 30 years congratulations. fantastic. what's happening >> caller: hey, i'm infinvested ai airbnb this year has been doing extremely well but it's gone up at the end of july it took a dip. at the end of september, it took another dip. my question for you is this. right now, is it a sell, buy or a hold and what do you think? >> this is a great question. now, when the stock was at 90, at 100, 110, we had ryan on. i would call him and he says, business is strong business is strong with the stock at $134, it is still a buy. today showed that finally after the last four weeks the bears have something to fear and that's what really drove things i will tell you they will
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search let me see if this can be the real deal. then, the sun isn't shining on is solar stocks, is it give me some ways to play. and everyone is talking about shrinking the retail sector, but costco is not seeing much of an impact i'm getting the story from this unbelievable box store so stay with cramer. don't miss a second of "mad money. follow @jimcramer on twitter tweet cramer send jim an e-mail at cnbc.com or give us a call. miss something head to madmoney.cnbc.com.
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♪ >> look at it go cloudflare made a series of very exciting artificial intelligence announcements this morning that sent the stock up nearly 7%. it spent the last couple weeks pulling back with the rest of tech but clearly ai news was enough to move the needle with nvidia, microsoft, meta. these are meaningful, maybe not to this quarter but 2024 and they are doing great tools for developer. i have been a fan of them because they make the digital trains run on time and safe. it is all about people businessing operating more efficiently and saving money let's dig deeper on birthday week, the co-founder and chair welcome back to "mad money."
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>> jim, thanks for having me. >> before we get into the nitty-gritty, let's take it at a high level what does generative ai technologies in the aggregate mean to you and why does it represent such a major opportunity? >> there are two parts of ai one is training where you build the models but the real value in ai comes from using those models to do infrengs one will be on your iphone it comes up because apple loaded a model on and can search through all your photos. but some models are more complex than that. some of them won't fit on your phone. think of the next best place for those to run is on a network like cloudflare where we can run the most complicated models. >> what i found disturbing is this notion of the captivity
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cloud versus the con neck tiffty cloud and there are cloud businesses that don't want you to leave yet, what you just described would be hindered by that. we should be rooting for what cloudflare is doing here. >> i think there are good places for the public cloud providers but they design their business models to be like the motel california you can put your data in, but they charge you to take it back out. we believe you should be able to take your data to wherever innovation is being done, wherever the best features are what we see from the hottest startups, they're using cloudflare they want to use it as a way to connect altogether, give them a layer of security, the tools they need and get the best out of amazon, google and microsoft. >> a lot of monies have come to me and said, jim, i know you love nvidia. or we visited him and he
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understands us i thought your actual nvidia tech closer to the edge is what jensen has spoken to me about being most important maybe you can talk about how this is not a photo op. >> i think nvidia is an incredible company some of their ai products, and we're really doubling down on that relationship. the fact that we weren't able to acquire arm to get into the device being on cloudflare is the next best place they could be in order to get their chips access to developers and being able to do ai at the edge of the network and for any device connected anywhere across the internet. >> edge of the network is a very important term for everybody maybe you can put that in english for people that are not that familiar with the nitty-gritty. >> yeah. so the cloud in the first generation of cloud companies intended to be in centralized locations, virginia in the sort
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of rural coast, places where either networks came together or where power was very, very cheap. instead of putting a lot of machines in one location, we have spread them all around the world. today we're in hundreds of cities around the world, over 120 countries. within just milliseconds of everyone on earth. that's powerful for a couple reasons. the first is time. we can make these processes faster by being close to them. we can beat the speed of light by moving the technology closer to them. more importantly, as more and more countries and jurisdictions say you have to deep data local as privacy matters more and more, what users want to is to keep their information in the country they call home. >> i read this excellent piece today because it is birthday week what they talked about is people want to control where their data is handled, which should address
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potential compliance and regulatory requirements that are likely to arise as governor's create policies around ai. so you are anticipating what the governments will do? >> we have seen this italy banned gpt because they didn't want all of their data going back to the u.s. and most of the ai infrastructure lives in the u.s. i live in the u.s. and it is great that data can be in the u.s., but there is a whole bunch of the world that isn't in the united states. they want to use ai tools, too that's what cloudflare gave any developer the power to do. you can put them all around the world and serve a global audience that's what's unique and will help position us that ai can move forward, but developers can still power the future. >> i don't want to give a short trip i have known them from what they do with snow flake, the competitors, microsoft but i thought that meta was most
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interesting to me because people think meta is a dull instagram, facebook it sounds like your partnership with them has a sense that meta is really a technology leader. >> yeah. i think that what meta has done is built the large language model alternative. so we worked with them in order to put that model on our edge and make sure that everyone can have easy access to it but it goes beyond that. we also worked with hugging face, which is this hot up and coming startup, which is the github for ai. there are hundreds and thousands of models that are out there we worked with them to say whatever model you want to use to do ai, with one click, you can deploy it everywhere in the world, run that infrengs, get it in a cost effective way so whether it is an established model or up and coming models listed on the hugging face at marketplace, we are making that
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available to any developer anywhere in the world. >> okay. well, this is exactly why ai is exciting but will also be additive to business matthew prince is the ceo of cloudflare who has, i think, one of the best models of what ai means. thank you, matthew and happy birthday. >> thank you, jim. >> we need to stay on this, people everyone has gotten sick of the hype of ai this is not hype this is business that's what we care about. we care about earnings per share, and it will be there soon enough we'll be right back after this. coming up, cramer is walking on sunshine. a renewed interest in some top solar power picks next
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need to know some big numbers with high energy prices have been obliterated people love those. but the etf is down more than 20% since the end of june, even though solar gets more attractive when solar gets more expensive, right what's happening here? simple while the solar stocks benefit from high oil, they're hurting from interest rates, which are a more powerful metric when it comes to solar they need to be financed higher mortgage rates, people actually need homes to live in solar panels can be cut out at the cost of financing is too high than those pesky interest charges. that's why i have only recommended two of them regularly. first solar and end phase energy, which makes residential
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solar systems. solar is one of the few stocks in the group that's actually working right now. it is up 6%. it is much better than its alternative energy come prad dress. it is one of the few publicly traded companies that makes money. that's something technically they reported a loss last year, but that was the first full year loss since coming public in 2006. next year they could make $13 a share, at least close to it. even better, this is a cheap stock. that is a bargain, to say nothing of the solar issues where you have no earnings whatsoever there are a few other reasons it worked this year first, they sell to primary customer, not ordinary
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homeowners it is a b2b situation. these customers are such less sensitive to higher interest rates. they're even worried about finance charges, orders can be placed in advance. they're sold out through 2006. the solar edge technologies is down nearly 55% for the year businesses love first solar because it makes a superior product. their technology uses 98% less semiconductor material than traditional solar panels that results in a cheaper and more efficient product first solar is the largest solar panel manufacturer by far. there used to be a big liability when we had a flood of chinese solar panel. but ever since president trump hit the chinese solar try with tariffs, their business got stronger and last year president biden extended those tariffs for four years.
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the global supply chain disruptions during the pandemic, made everybody feels less confident about sourcing stuff overseas the ira for the purchase of, yes, solar energy systems that are made here in america that's first solar no wonder they're worried about this through 2026. i think the stock should be bought here. it's pulled back 31% from its highs in may never almost done with first solar hosted an analyst day earlier this month that i thought was encouraging, but wall street didn't seem to care. analysts were fighting about how much these guys could make in 2027, the first year they're not sold out i couldn't believe it. now, the other solar name i had recommended regularly for quite some time is end phase energy. let's talk about it. it's a much residential focus -- it's residential mostly and it is down 55% this year.
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let's go over this i like end phase because it is focused on microconverters previously inverters sat at the edge of any given set of solar panels do you ago convert to solar eny at the site making them more efficient and the panels last longer see, they have a better mouse trap, okay that's why they're profitable. end phase built a better phase for not the business market but the residential solar market that's been obliterated by the fed's relentless rate hikes. it led to sharp selloffs for the stock including a 25% single day decline in april then when they last reported in july, they had a small sales short stol and issued a soft quarter. the outlook was, and i quote, a
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one-time correction as it worked through excess inventory that was the kiss of death i hope they're right but who is to say things won't get worse through the end of the year so should you bet on end phase i'm atttorn i get that i've been in this business a long time. i wish i'd warn you away from it higher i didn't do that that was wrong on me remember, this is a profitable company and stocks of profitable companies get cheaper as they go lower. it is now 24 times earnings, so it is much, much cheaper they have a big expansion underway in europe they are much more ahead of us when it comes to any natural form of energy that could offset the weaker u.s. market. they have a more realistic view of the situation hopefully that signals that management will be more conservative moving forward. that's why i'm not prepared to
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throw in the towel on end phase. but i have been wrong on the stock all year i'm not the best judge bottom line, the solar sector has been wrecked over the last few months first solar is different it is an enterprise oriented solar play, not residential. great technology got nothing to worry about for solar. end phase, though, it is a residential solar play it's been dragged down along with the rest of the group i think they have their house in order. but it is still in show me mode as rates go higher spoiling the solar part of the story. >> caller: hi, jim i hope you are well and love the club. >> oh, thank you boy, we have been working around the clock. that's a good deal on that oscillator i talked about. it's been so right in terms of don't just blow out of positions. how can i help you, mark >> caller: the department of energy has a ten-year program to aid in the development of plans to produce electricity profusion
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and the hubs to supply the hydrogen to do this, they need ai, hydrogen and infrastructure. it is early on and not forgetting the "mad money" rule about companies that don't make money what will the best play here, the companies generating the electricity or the ones supporting it? >> well, i think that it's going to be very hard. i think the ones that are generating it -- look, in the end, the only one i'm really trusting right here because we care so much about profitability, as you said, from the club, i am going with first solar. and nuclear, i am recommending as a total spec. there, i just said it. i can't believe i recommended that stock because it is up a lot this year. but a $5 stock that's a spec, count me in. you know what? i still think first solar is inexpensive relative to its
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history. more "mad money" ahead consumer concerns, rising rates, ongoing debt problems. can costco continue to rise above its retail peers and target announces closing stores in major cities across the country. is this crime crackdown strategy the answer some say it is just a way to give earnings per share up rapid fire in tonight's edition of the lightening round, so stick with cramer. ♪ is it possible to fall in love with your home...
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excellent quarter. at the same time, membership count came in higher than anticipated. they don't have much of a problem with theft because people don't steal from themselves that's right, this is a member only operation in response, the stock rallied today. so let's check in with the ceo of costco to get a better sense of the quarter and what to expect. >> jim, thanks for having me today. thank you very much. >> well, you had an amazing quarter which made me feel it is just business as usual while i know you are never satisfied because i'm aware of the way you operate, it does seem you have to be happy with these results. >> well, we're certainly happy we would hope sales would actually have been a little bit better but that's not the case.
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you know, non-food pricing has come down significantly based on a roughly 60% change in price or discount price on container costs versus where they were last year. but one of the things like tvs, things like that, although the units are up slightly, we're not seeing a big improvement in dollars in sales in some of those categories our health and beauty aids, apparel continues to be very strong our christmas is starting out very well. we're very pleased with that but so is our food summaries keep in mind last year, you know, people forget last year everybody was overinventory. and to get through the year, we had to take big markdowns to move sporting goods, furniture, things like that that's one of the reasons also the march gins have improved a little bit >> but at the same time, you did have a nice decline in
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inflation. rich talked about 3%, 4% last quarter, down to 2%. is that because the kirkland brand is putting pressure on the brand or did you tell them, come on, man, you have to give us a break here. >> well, everybody is trying to get a break. you have a little more leverage over your own kirkland signature. all i can say is our kirkland signature is coming down faster than the brands are coming down. and also, one of the things that's happening also over last year, our signature is up one-and-a-half percent higher and better penetration up almost 16% over last ear. so, you know, kirkland signature is part of our stick, great quality at a great price. >> i want people to understand you are trading up, not trading down when you go to kirkland signature. other than coca-cola, i can't
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think of anything you started at signature that is taking shares away from the brand. >> well, there is really only a couple we never did well on our best food mayonnaise and our beer other than that, we have been very successful with our kirkland signature brand as a whole. >> now, a lot of people have been talking about the theft at various stores when i go into my costco, i always feel like i'm a member of a club why would i steal from a club? it looks like theft is not an issue, much to speak of at costco. >> well, let me tell you this. our shrink is up one basis point. there is a lot of reasons for that first of all, in four of our top 20 shrink items this year were things we call underneath the basket, toilet paper, water, paper towels we even had watermelons in there. these are items that are
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self-inflicted that we should be catching these things as we're running through the register so, you know, that's on us do we have little upticks in maybe apparel? yes, we do but i'm not prepared to say that's not internal issues could be receiving could be how we're receiving the merchandise when we're sending it back to the supplier. i would not say shrink is on a huge uprise in our organization. >> one thing that was was tremendous sales in very tiny but a one ounce cold bars. as soon as you get them in, they're sold what does that say to you? >> well, we talk about this all the time you know, you can talk yourself off both sides of the cliff and say, hey, look, the economy is bad. and then which, in my opinion, it is not great. but you put these $2,000 gold bouillons on there and they sell out really quickly the reason for that is the value
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of that gold that we're selling. you know, we'll take less than a 1% markup on that, and we sell it very fast it also drives a lot of people to our website. >> i was going to say that to me it was a website item and that you are doing a lot of changes to your website and it will make it far more competitive. i know it hasn't been a major focus, but it seems like it is now. >> well, it is we are improving on our app. we're going to, what we call, costco next which is a marketplace, but it is a marketplace for our suppliers, not necessarily a third party seller our suppliers. and we control everything that goes on that site, include of, you know, when i say control, we look at the pricing and the competitive situation. so when we're looking at the pricing of these items all the time, the difference is the supplier fulfills instead of costco fulfilling to the member. >> oh, that makes a ton of
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sense. but others don't do that let me ask you something that's more subjective. i'm seeing lots of videos, lots of tiktoks from younger people with no affiliation with you whatsoever but are probably your greatest brand salespeople has your demographic had a very big shift to younger people? are you seeing where younger people sign up more than typical? >> we're seeing more younger people sign up, absolutely what you don't see is their purchases. they're slightly going up as they become longer members but initially, the purchasing power from the younger generation compared to the boomers or x is a little bit different on what they're buying so some of them haven't even started families yet, so the purchases are less >> but at the same time, i mean, what i found interesting is that many younger people don't have -- they live in one bedroom. they live in studio apartments
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they would not be users of costco these people are attracted because there is something different at costco. i feel like people are getting a bargain beating you, when in reality you are based on volume, not on price. >> absolutely. we're not a margin house we're a volume house our concept has always been sell merchandise for the lowest possible price and that's the way we run our business that's the way we run our business for the last 40 years, and that's how we will continue to run the business. and someone that pays for a membership expects to get the best price possible in the marketplace. and i think everybody appreciates that. >> well, i was going to say it seems like worldwide i know that our relations with china have been frosty i know when you opened a costco, there were thousands of people that signed up in china.
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other than in some places in america, it is the strongest of all your chain >> well, china has had a very strong start to the market we have five over there that are doing relatively well. and we have two more to open in the next three months. so we're -- we're bullish on china at the moment. and there is nothing to suggest why there is not greater opportunity in that country. >> now, when you open one -- i mean, is it all just word-of-mouth? because we're finding the chinese have not been involved with anything american this seems to be viral for you guys in china. >> well, we think so but that's kind of how we have always built the business. as you know, we don't -- it is a membership driven. we have never done advertising we're not really involved in tiktok or facebook or those other things we let people talk about us and word-of-mouth is how you build a business, so it's got a lot more credibility than what we say
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when your consumer is talking about you. so that's kind of how we run the model. >> that's why everybody likes costco so much craig, it is great you came on the show i really appreciate it. >> jim, i appreciate you and take good care, okay >> thank you, same "mad money" is back after the break. coming up, kramer takes your calls. and the sky is the limit it is the fast fire lightening round next you founded your kayak company because you love the ocean- not spreadsheets. you need to hire.
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something exciting i want to share with you the reason it is so special is because it is just for you, the viewers. you always hear me talk about the work i do for the community, the cnbc investing club. for just a few days, i will share a little taste of the work i do with jeff marks during the day. earlier on the 10:20 morning meeting when the market opened up, jeff and i urged subscribers not to buy the open. we thought it would be phony here's why dow started today's session higher, but throughout the day, it's lower ultimately down over 300 points and its lows those who were rewarded who waited, they were rewarded with buying prices much better because of a visually oversold tape we're there every day to help you navigate a confusing one and those that paid attention told to stay until the open. but, i don't know, did pretty well i think this stuff is to important to educate you about being a better investor that i think you should join. it is worth it
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we have insights that are good we have some that aren't but at all times we do our best. so grab your phone, open your camera and point at the qr code or go to cnbc.com/jimoffer do our best, not always right, but sure do try. now it is time it is time for the lightening round. are you ready? let's start with steven in tennessee. >> caller: thank you for taking my call, jim. >> no problem. >> caller: wanted to get your opinion on soi. >> it's a play i actually like very much. i think it is a very good spec here let's go to brian in utah. brian? >> caller: hey, jim. brian smith. how are you? >> i'm doing well, brian how are you? >> caller: good.
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listen, cvf did the long-term ai software deal with a company called vri which should reduce operational costs by 30% and their warehouse operations, of course they will shut down stores is cvs a buy or sell >> my problem is cvs is some of these companies that have a big theft problem, they have not addressed it in a way that makes me feel like they have it under control. i will say not yet george in massachusetts. george. >> caller: hi, jim i hold stock in a company that services equipment for the distribution and monitoring of electrical energy. analysts expect the sales -- analysts expect the sales to be up 29% this year, and they expect the earnings per share to triple this year what do you think of it? >> profitable company in the right kind of market
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it is an electricity market. that has been one of the great plays for 2023 you got a winner let's go to brad in new york brad >> caller: hey, jim. long-time listener first-time caller. thank you for everything you do for us. >> man, that's what the club is for, too thank you. >> caller: i'd like to get your thoughts about a high dividend yielding stock tell me. >> i need growth if i want to go buy eggs, i will buy them at costco, which is a great place to buy eggs. let's go to brent in michigan. >> caller: boo-yeah, professor cramer. >> i must have tenure. what's going on? >> caller: boeing keeps losing alt altitude is it a buy, sell or hold? and should they do their own manufacturing? >> well, remember, they sold a
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lot of those contractors that was their thing in retrospect, i think it was a big mistake. but that makes me feel like boeing is still not right. i think you can go lower and that, ladies and gentlemen, is the conclusion of the lightening round coming up, we're not done yet. keep it here for cramer's hottest take of the day next in the u.s. we see millions of cyber threats each year. that rate is increasing as more and more businesses move to the cloud. - so, the question is... - cyber attack! as cyber criminals expand their toolkit, we must expand as well. we need to rethink... next level moments, need the next level network.
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is there a better way to celebrate the phillies clinching a playoff birth than ransacking a bunch of apple, foot locker and lululemon stores it's almost become a proud local tradition. looters got away with a lot of money. without punishment, these krakt marketplaces based on stolen goods won't be reliable. tens of billions of dollars of stuff gets stolen each year in this country and the regulators do nothing to crackdown.
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yesterday target took the bold action of closing stores because those stores are just not worth operating with all the theft and retail crime causing way too much havoc in other words, sure they will lose money, but it's not made up two home depot workers were killed in vain attempts to confront shoplifters that's horrendous. and that's what the target cfo is worried about some incorrectly you better believe he beliefs in giving people the merchandise they need. this store in downtown san francisco is rampid. i know it. last year i was in that target when i saw something amazing i was next up at the register when the person in front of me dropped change all over the floor, causing cashiers to scurry around to help the person pick up money. a wave of people ran out of the
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store with everything valuable they could get their hands on. it was one of the most unnerving experiences i had. i once saw a customer in front of me pull a knife on the cashier at walgreens two police officers caught him and gave him a strong warning. but the target was different like a movie where looters were scrambling before some sort of apocalypse target before the ransacking and asked her if there was a lot of theft at the store because i saw a bunch of customers administer hypodermic needles to each other a few doors down when i say her after the raids she said, see? i stressed to him that the store seemed dangerous he stressed to me that it was important to the community he's not a cap list monster. if he only cared about the money, he would have shut the
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door down years ago. we forget how dangerous it would be for retailers to deal with shoplifters. i told the cashier she just shrugged. it is not their job to confront criminals. that's why retailers stopping organized crime is so important. unless somebody is stealing big ticket items, prosecutors don't care so much about petty larsson. rico, the racketeering organizations act will throw the back at the criminals who fence the stolen goods on sites that look real on amazon. it is ironic the fed of the fdc goes after amazon she will have to deal with the fact that amazon is a plain old safe to stop for those that think it is all about earnings, i'll never
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forget a man running out of target with as many bottles of cranberry juice as possible. i'm sure it was once a very nice store. we are all at risk these days. i say enough is enough all i can say is there is always a bull market somewhere. here f money. see you tomorrow "last call" starts now. right now, "last call", retail mayhem, philadelphia ransacked by looters, what is surging the country's surge in left can anyone actually make money off of hypohypo. the cannabis industry riding high meta revealing the new vr headset. does it stand a chance automakers going all in on ev revolutions and the ultimate
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