tv Mad Money CNBC September 10, 2024 6:00pm-7:00pm EDT
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the season with a vaunted top five defense you say, how do you give up eight consecutive possessions? >> inexplicable. >> so is the move in gilead. >> thank you for watching "fast money. "mad money" with j cmeimrar starts right now. my mission is simple, to make you money. i am here to level the playing field for all investors. there is always a market somewhere and i promise to help you find it. "mad money" starts now. >> i am cramer, welcome to "mad money" friends, i'm trying to make you money. my job is to not just entertain but to explain and educate. so call 1-800-743-cnbc. in this market every time you stray too far from technology, especially tech titans, you
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will only get slapped in the face buy reality. that is what happened today, with the best-performing in the world, j.p. morgan laid a huge egg with its forecast, that spoiled the big chunk of the market, the dow only dipping 93 points, the s&p itching up 4.5%. the nasdaq dating eight point 4%. ever since that they gave us the all clear signal we have seen money flow out of tech. this is the fabled broadening out that people spend all your clamoring for. when we bring in more groups of winners, we are supposed to have a healthier market. there are tons of financials about the s&p 500 and the strength and the stocks were a source of mirth for everyone who had gotten sick of the negatives. but a funny thing happened in the way that rotted out the market we had economic choppiness. and we have downs, that were
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intolerable to any of the leaders, and the kisser to the stock of j.p. morgan you can be a leader when you are slashing your forecast. that is when the shareholders will take you to the curb and find someone new. but today j.p. morgan's chief operating officer, lowered the boom who desperately wanted to buy something other than tech. the big bank told us that these are less robust than we thought. there isn't as much capital market as we had hoped and most importantly, for next year, they are too high, they will likely miss on that key metric. one that atlas expect to come down. j.p. morgan is going to miss the numbers with the bell cow of finance, how the heck will anyone else, so they stock comes down 5.1% even uglier, and the other banks rollover. the company was slated to spend 1 to 2 billion on tech, this year, j.p.
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morgan is spending 2 billion but a lot of that is cracking down on fraud, great, that is a deadweight loss they must spend with no real return. to help them cut cost at the 250,000 people in the call centers that are doing other back-office jobs, what he calls operational things, many people will be impacted which i guess is code for laid-off? the rest will be what he calls operational efficiency, more productivity from the same people the good news is, at least j.p. morgan will have some lower expenses over the next 3 to 5 years, given that everything that has gone the wrong way, maybe someday they will be a return on investment, but you can't just say that out loud because lots of deadwood is about to get and, deadwood's people, wall street used to say stuff like that but these days we are coming up with more trainer euphemisms, we don't do layoffs we do efficiency moves on the workforce. and another financial that became a true good leader,
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goldman sachs, my alma mater, said that business will be down 10%. ouch, we thought it would only be down 6.6%, that is a huge delta on wall street. business is not as good as we thought, so scrap your numbers. now let's go to the recently shunned sector, let's go back into technology. orval wants us low growth enterprise and reported a blowout quarter. these guys a couple of years ago with the most competitive man on earth, talking about building lots of data centers to house all of the equipment that the hyperscalers can't get enough of, the project stalled but now another incredibly competitive person and a dynamo have billed 162 data centers and they are just crushing it as each data center is positive. guess what, that is not nough, he wants to build maybe 1000 or 2000 more data centers. an oracle holds the best security and low cost and the least mistakes, the company
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with machines, each one will make more money and the bigger they get, the higher the earnings will go. that is why the stock shut up -- shot up 11%. with the debacle over j.p. morgan, there is no business that j.p. morgan can throw money at the banking business will remain hostage to the economy, forcing them to have rates within competition, oracle on the other hand is in control of its own destiny, when they give you a classic ai use case that represents the future, i was at stanford with my son one time and it took three people to actually find his x-rays. but, in contrast he says, this is how you find the x-rays for us, you say, oracle, please show me larry ellison's latest x-rays, it's voice interface you look at the computer and it knows you are the doctor and you are authorized to look at all of the authorizations to come with ai, the
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modernization. and you don't have to worry about logging on, you just look at the computer and recognize your face or voice and it knows what you are authorized to look at all of the alterations come with the ai oracle arm, but that was an advertisement. but it should make a lot of sense. i think that is a multiple hundred billion dollar opportunity with a terrific return on investment for companies that adopt the system, not just for healthcare but for everything. now oracle makes for a great leader because anything connected to data centers have tremendous connection anything from people keep talking about nvidia slowing, you are either bored of it because it is not slowing it is growing, to cool the backup power and every equipment to start to see that stock coming back. let's not forget about the electrical infrastructure that we need to power these things, the need for data centers and their construction will be with us for multiple years, that is what ellison told us, i never bet against ellison, and this open brand of marketeers in next week's meeting, we don't have to play an interest rate
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guessing game because the fed is tangential. the data centers only get billed whether they are 6% or zero. the bottom line, a stock like oracle is even up more than j.p. morgan they had a 52 week high while j.p. morgan plunged. leadership that you can bank on, you can't yank on the bank stocks right now hence why the great broadening out is fraught with risk. meanwhile, tech on a day-to-day basis but long term, it is a cornucopia of reward. bill? >> hello, thank you for taking my call. >> of course. >> and goldman sachs, do you think that is a buying opportunity? >> i want to wait for numbers to come down, i was surprised that goldman didn't see more capital markets. where are the ipos, it is september, i think that maybe the election has everything frozen buy that means golden sax numbers are too high and i don't want to make a big commitment to the stock even though i love the company.
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john in georgia? >> first of all, jim, a big boo yah to you. >> i like that and i give one back to you. >> [ laughter ] -- i wanted to check on the company called vista, >> i don't know, i have miguel's had on my desk, i am liking him a lot, the ceo, one of the few energy companies that are holding up. if oil plunges before 65, even that one is not immune. listen to me, the great broadening might hold just as much risk as the tech trade, tech is a cornucopia of awards. and i am hearing about campbell's plan for growth including a name change. and we know that snack is a tough corner of the market. where does -- stan, i'm doing a deep diving to be my take, and 130% of the last year, could
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the stock of wingstop -- can they continue to fly?, so stay with cramer! don't miss a second of mad money, follow @jimcramer on "x", have a question, use #madmentions, send jim an email and madmoney@cnbc.com, or give us a call at 1-800-743 cnbc, missed something, had to madmoney.cnbc.com. growing your business is easy once you know the moves. with godaddy websites plus marketing, you can quickly create a website, and ai will customize it for you. get your business out there and get more customers in here. no sweat... for you anyway.
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growth while these aren't blowout numbers for the tech stock they are pretty good for a packaged food product and they are changing the name, no more soup, it is just the campbell's company. and this kind of stock tends to go out of style when the fed starts to cut interest rates, so can you buy it now? let's take a closer look, the president and ceo of campbell's soup. welcome back to "mad money". >> always great to be with you. >> i am so thrilled that you are here and it is very clear that this is a new campbell's i'm going to use that but why don't you tell people what that means because you and i are close on the situation may be coming now and not realizing that this is not the old campbell's pork and beans, i hope you change that symbol, too. >> look, i don't want to sound too corny here, but when i joined the company six years ago, this was really the day that i imagined and yes we have navigated the pandemic and some
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inflation and a little bit of economic uncertainty but we are at a point right now, where i think we are ready to turn the page to the next chapter, and appropriate so, we talked a lot about writing the ship and turning around. and stabilizing the business, and reshaping the portfolio, all of that are important steps in the journey but as we sit here today, i really believe that we have the most advantaged portfolio in food and we have completely retooled our capabilities in our execution. we have been able to deliver results consistently over these last several years, that puts us in a position, to reframe our objective admission, from turnaround to really setting the standard in the food industry. >> will you please do me a favor and stop talking about the term algorithm because we have a lot of investors at home who are bedrock investors they don't know what that is, they just want to go and buy your stock because it is doing well and you are doing well, can you explain to people why we aren't just talking about growth? >> that is the name of the game
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we know that the role for campbell's and it is so important to us, is to be able to create a dependable and reliable growth driven name in the industry that is what we are doing, and you know when we talk about all of the variable metrics that are out there, it is all born of a couple key things, one, growth that is sustainable that we can drive across, and a great opportunities that continue to find ways and ultimately, driving earnings in a very consistent way, that investors are able to depend on. >> now, did you know how quickly, rows what turned out to be something that would be steady and growth, because a lot of people felt you overpaid and, i used to go there, but i use the sauce, but you know, but did you know that it could be this good, this fast? >> yes, so clearly, we had hoped and expected it to do very well but i have to say that really it crossed every metric that we look at, we are ahead of the
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game. this is as strong and as good of an acquisition that i have ever been a part of , and it is really a testament, to one, the fantastic people that work leading and driving so close and the quality and consistency of the brands that are a part of the portfolio. and the great news is, we are not done yet. there are so many opportunities, to continue to drive this business, we believe it can be an everyday staple in households across america and we look at the runway i had whether it is brand awareness or innovation and portfolio expansion, we can see a variety of ways, to keep pushing and driving this momentum. >> so explain to me what happened for years and years, we know that the store was a dead zone. and you want to be at the perimeter, when i read your absolute i want everybody to read before they buy the stock, it is so clear, 7% in the center compound, and how did that happen, because you are very much a part of the set. >> look, and, it is a great
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time to be in our meals and beverages categories, i love snacking but i actually love the fact that we have not this portfolio of very diverse but focused brands that allow us to play both in the higher growth, or the historical snacking businesses but in the return to the store, we are perfectly positioned because what is driving it is the things that consumers need most right now, it is value, it is quality and consistency, and the shift back to in-home meals and in-home cooking have never been higher and when you think about our portfolio, whether it is soup, broth or pasta sauce, across the board we are bringing the solutions to consumers and i think this is a trend that is not just a covid phenomenon, this is a trend that is sustaining and very resilient, through a variety of different economic environments, that is what i love about our portfolio we have a lot of ways to win in
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a lot of different categories and economic environments. >> how did you know that sauce was going to be where america was going to mark >> i think as we all know in the world of trying to manage this variety of challenges our consumers are facing right now, economic pressure, convenience and time, being among the very most important assets, the traditional italian dinner at home has always been a mainstay, and now it has become even more profoundly important, and with the quality we are bringing in both the combination of an everyday mainstream, and then a sauce, that everybody set, eight or nine dollars a jar, no way that has become every day but when i compare that to a mediocre italian dinner that you get on door dash for $30 and i think about what i did with the rao's dinner, this is a tremendous value and we will see it grow across every demographic of the consumer base, so i think, sauce really kind of checks every box that consumers are looking for. >> i have to tell you, the one
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thing that we are asking for is that we all any office genuinely believe, that your crisps that you can do much more with the mexican side of things, where are you there because i know that your presentation it is italian and i think you can do much more, i think you can own that category because you are very good at pricing you are very tasty. so i completely agree with you, this is an area that when i think about analogs to what we have seen on the italian sector, where you have premium brands that are elevating experiences, as well as everyday dependable mainstream players, we are really perfectly positioned to do that, as a relates to mexican sauces, you think about which is a brand that is iconic and very dependable, and our expansion from salsa to things like cooking sauces and taco sauce as they have been very successful, we just launched
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late july. >> and that is what we love. that is what everybody loves. >> brand, which is built on crane ingredient labels, organic ingredients brought into the mexican center store spaces as it relates to salsa and sauces, we think is going to be the next opportunity to create this two headed beast in that category, around more premium along with more mainstream, so i'm with you, i think this is a great opportunity for additional growth. >> i don't think people know you own it, they should know what portfolio you own, and how you made the balance sheet better, with a great dividend, you have done a fabulous job, president and ceo of campbell's, thank you. "mad money" will be back after the break! >> up next, snacks fight back? how one stock is making another eat their words.
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what do we do with the packaged food stocks now that they have rallied so hard? thanks to the recession proof nature. i think you need to be selective about which ones you own because that that is about the card start cutting rates and something that tends to make food go out of style, because so many people are taking these weight loss drugs, these revolutionary injections reduce your cravings for all sorts of things especially junk
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food, you still want to eat it but you just don't crave it, so you think snack food is the worst bunch right come about that is not the case, so, take mondelez international, for their orioles, and chips ahoy, which i have been eating since the days and they were called kathleen's cookies since i lived in the summer in southhampton, a ton of candy brands, like toblerone, giving them the number two position in chocolates, right behind mars, on top of that you have ritz crackers, triscuits, wheat thins, sour patch kids, for good measure somehow, mondelez is the closest you can get to a peer snack food play, and, it is only a few bucks, and from its all-time high, so what is behind this surprising resilience of mondelez. we can see where were asked why this business has been so steady, during tricky periods and he played that cookies and
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chocolate and baked snacks, he was very confident for each category, probably because mondelez is the best brands, those come from emerging countries were most people will be able to afford the glp-1's, however, he sounded incredibly confident, about the long-term strategy, and at the same time though, mondelez has been putting all of its eggs in one basket, maybe they have made some acquisitions to work up their exposure, like protein and energy bars, i wouldn't call energy bars that healthy but compared to oreos, they feel and look a lot healthier. let's look at the eight major acquisitions that mondelez has done, a lot of them for healthier brands, and before glp weight loss drugs, permanently changing our eating habits, they have been relentlessly focused on controlling cost, not as exciting but the markets have had held up well when it was
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rapid in 2022 and 2023, very impressive for a food company, all of that explains the action any stock in a different market, maybe but right now, mondelez has been worried because wall street has embraced recession proof -- proof stocks, and a slowing economy. i think these have dumped the vets to hit the accelerator on the economy but the market is a lot of stupid things as we know, like yesterday and friday, i mean, look the market has done a lot, mondelez has left his forecast since january but the market was a lot less excited in the spring, back in april the company reported in-line sales but wall street seemed disappointed that they refused to raise before your forecast, however, went mondelez, posting a small revenue mess and a small earnings beat, they finally through the will the bone, saying they expect organic sales to come in at the high end of the previous 3 to 5% range, that is very good for a food company, do not change the earnings forecast. and, also some encouraging things to say. first the company is now finished adjusting prices in europe after some hikes over this year, they can still get away across the atlantic.
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north america, consumers are pushing back, so mondelez has had to find ways to offer better value, the company has been good about selling smaller form factor suites, which is a dream come true for glp-1 users, these people still have a taste for snacks, it is just that you know longer crave them, you just like them and find it hard to eat them in large quantities, but they are still a comfort food. and in a glp-1 world, those smaller bags will get more customers because glp-1 will give you the will power to let's say, not eat a huge bag, but feel comfortable with a small back, and they had a very positive on the snack market. listen to this, quote while many food and beverage segments are continuing to experience softness, snacking remains relatively doable, overall we are seeing volume growth start to rebound as inflation cools, consumer incomes rising, and the financial strain on many households and as a result, private growth label is
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decelerating while brand and share growth is improving and people are trading back up the mondelez portfolio brands, that is why they like toblerone so much. oh, and let's remember that many people who used the office to work, now they can goof off at home and nacking their heads off while pretending to click keys, while they do their jobs. got to love them, i can get away with that stuff, but it brings me back to the key question, how can mondelez keep performing as well as glp-1 spreads throughout the population like every other packaged food ceo, he doesn't see a major impact on the business, however, this guy is going into more detail than any other ceo, he has modeled out the potential impact, and, mondelez things within 10 years time, they might cause a .51% hit to the company's volume, rather than an apocalyptic problem, these guys thinks it is negligible. consider that it is diet and exercise that works, so you eat in moderation, so if you are
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eating, mint chocolate bars, well you can save some for later because they are so darn good, in the end that looks optimistic to me but at least they tried to address the issue, still, let's think about this, even if they are truly hurt buy the glp-1, it is clear that the snacking category is strong , and it does one that can deliver consistent performance in a choppy environment, earlier this year, there was a guy gigantic spike and it was obviously wrong but you can hardly notice that if you look at their earnings, this company has been able to put through price increases and offer new value options via different form factors, which has helped some of their brands, take top shares, as a well oiled machine, i cannot force mondelez to admit that it is being hurt buy glp-1's , i don't have a subpoena or something. in fact while self-serving says it is optimistic they put a 1.5% impact in 10 years, some of any specific comments from
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packaged food companies won't even talk about it and ay they have studies, at least he admits that a certain amount of the population aren't eating as many oreos as they used to. they can still chow down but not as much anymore. so the bottom line, i commend mondelez and the ceo for taking this issue more seriously than the rivals, although this is a terrific business, and so if you want a piece of it, wait until the fed will start cutting rates, and they will most likely pull back, maybe hard because and whether the fed will stimulate the economy but longer-term, a well-run snack food company is a great place to be, as we saw from those before and got that huge it from mars, the food company, not the planet although it sure felt like that was way out there somewhere. i say we take calls. let's go to susan in california. susan? >> hello jim, i am doing great. you always have a great attitude.
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>> i like my job, that should not be held against me buy the bosses, if they are watching, they think let's give cramer an immediate deduction or something, but don't worry about that. what is going on? >> so my favorite show in the world, about yesterday, costco, i have two questions, one is related to the dividend and yield, i was comparing it to my other stuff, disney. disney seems to have a better yield, i may be wrong, and in comparison, is costco's dividend a fair amount for what it is price is presently? and how do you see it on the right? >> i remember a special dividend, that is what a lot of people live for, we are happy with that for the travel trust, that is a very big dividend, and also remember that costco is a volume name, in other words they try not to do price, they try to make it on the card and they raise the price of the car, so they are doing everything they can to return ceremony to shareholders, but never sacrificing the real earner, which is the shoppers,
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which is the way i always view it, of course, shareholders are the owner but you know what i mean, they're trying to make money, they're trying to make it so that it is not as expensive to live and i applaud that, over and over again. james in new york? >> boo yah, what is going on? >> not bad, how about you? >> gilberts, hoping for an all green super bull. but they put a damper on that last night. >> well, we don't know, we just hope that he has got it going. we want howie to have it going. how can i help you? >> we have the mets anyway. hey also i never thanked you, and 2020 recommended regeneron and it has been a big bagger for me. >> i recommended it in 2005. i saw them, in the street and i just thank them for everybody watches the show. what a home run. >> so, i am blessed with four beautiful people in my life, and, they all use this consumer product every day, and wherever i look at is in the house and
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in their apartment, and the company has a revenue growth of 50%, 60% of the sales, are international, with a weaker dollar, and the average analyst price, target is 220 that is 100% upside, the downside is that it's off 104% from the high, one month, 33% down, 21% down, and in five days, and the question here, this holiday season, we will be enjoying the movie, alpha. and will he be enjoying, the stock price of health? >> there are people that are actually pushing the stock down, this is not a short read, the company is doing well the company that is as we know, so i would suggest, 31 times, but a little bit to let it come down, let it work for you, that is what i should say, why complain about the short sellers, let them work for you and get a better price, and i
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sure do like your attitude, i also like mondelez, it has strengthened on the glp-1 issue. more so than the other guys, part of what makes me a fan of theirs, and i like those parts. now more from "mad money", when stop hitting it out of the park i have seen this stock to be a winner winner chicken dinner when i sit down with the ceo. and i am sick of the apple haters. i am taking on all of the haters, i'm sharing why i'm excited about the product announcement. a little bit of hubris there perhaps. and then the lightning round, so, stay with cramer! tomorrow, and big short investor, steve eiseman, finding opportunity in a volatile market. washington's impact on wall street, stay out of the market, tomorrow, 6:00 a.m. eastern, cnbc. were you worried the wedding would be too much?
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next on the red carpet we have gina costa... looking simply stunning... with this season's hottest accessory. -[ cellphone vibrates ] -oh, what's this? she's opening her fidelity app... to buy that stock... for exactly the amount she wants... no fees or commissions... what will gina do next? gina has roller derby at 6:00 pm. i'm there. get started investing for as little as $1. talk about easier investing. what we do with one of my favorite stocks, when stop.
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this longtime cramer favorite, reported a strong quarter at the end of july, it might be a spectacular 28%, 28% domestic sales but the stock barely botched in response. of course it has rallied since then but let's not forget that when stop is up more than 130%, it is down almost 12% from its all-time high in june, so pay attention, let's talk with the president and ceo of wingstop. welcome back to mad money. >> thank you for having me. >> there are many ceos, that we take them the task, with the second quarter results that were truly remarkable. with you, it was actually an understatement. >> jim, we believe we operate in a category of one, we have a strategy that we are is proven and actually, that 28%, was almost entirely driven buy transactional growth. >> not price.
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>> that's right, transaction growth, it's been to the opportunity we have, just a few years ago, we set a target of our average volume to $2 million, over that three-year period or so, we are up over 40% in sales growth, almost entirely transaction growth, yet when we think about opportunities like brand awareness, we are still one of the biggest brands that nobody has heard of and we have a huge opportunity, to drive awareness which we believe along with the other strategies where executing against, with line of sight from going to a 2 million dollar averaged over $3 million. >> i see the size of your stores, you have them all over new york those stores would be a million-dollar generator what is going on inside my >> our average unit volume is 2 million but believe it or not my 10% of our system is doing over $3 million today. >> how many people work inside
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of wingstop? >> you can run a wingstop with as few as 14 members, there is actually a point in time where sales volumes go up and you don't have to add any more labor, and you start to get leverage on the line and the unit of economics gets stronger and i think that is what is leaning to a record pipeline of salt restaurant commitments and we are at just over 2000 restaurants in the u.s., 300 outside of the u.s. but the progress for making the white space in front of us, and we just updated our long-term target. two over triple our footprint over 6000. >> so it was over 4000, and up now how much is this heavy rotation, i saw because i watched too much football this weekend, >> it is a big part of our strategy, we believe we have a huge opportunity to close that gap. and brand awareness of other national brands, it is a double digit meaningful gap, and a 28%
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that we talked about earlier, if we talk about brand awareness, just a year before, we only moved it a few percentage points, so a ton of runway and so our system sales are growing at record levels and that is increasing our national fund and allowing us to show up in a big way on nfl and chip away at that opportunity. >> also i think you are doing something that i think maybe it may be incentivized but bear with me when you go to a wingstop it doesn't seem to be any more expensive than it was five years ago, but you go to a place where you can get a happy meal, and, it is like double. so, how can you get away with not raising price? >> we have been very disciplined around pricing, that is paying dividends today and our approach to pricing, one that is a baseline a lot of consumer research, we stay close to this consumer and understand how they are feeling and how much they are spending and dining out and we are trying to win our fair share and we do think that this is a
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very unique opportunity for wingstop where consumer behaviors have clearly shifted and they are not willing to pay up , for a fast food and they are looking for value, but it is not just the menu price it also has to do with quality, so when they learn of wingstop, and try that cook to order, hand sauced and tossed chicken wing, we will win every time. >> so let's go over the possibility of what you can do international i remember when, i had popeyes and it turned out, that there are these countries, that just great stuff, they didn't even know it. they had figured it out, this has got to fly into a lot of different countries. >> in 10 countries outside of the u.s. today and we are just getting started there. and one of our more mature and established markets are in the uk were a lot of other brands haven't found success and wingstop is thriving. and we are actually at 50 units in that market and we are generating average unit volumes that are in excess of what we
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see here in the u.s. and the eunuch economics are just as strong. >> and you pay operators there, and i think the only people that know how to do this, that is not true. >> we have a great team and the way, who has really leaned into our strategy, executed our playbook and the brand is thriving. >> your research must show that people as much as they love this, they are fed up with the other guys they are fed up with the prices, double double of what they were three years ago. >> you can see it in their behavior, and you can hear a lot of other brands talk about it and they have been more discerning with how they spend those dining out dollars, and we know, that if we deliver on the quality and value that they are looking for, we will continue to win our fair share. >> one last question is it possible that other guys thought they could charge whatever price they wanted and almost contemptible to the average american? >> it could be, because there was a lot of money that was being pumped into the economy
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and to the consumer's bank account, and so, they weren't having to be as disciplined as they are today as inflation has settled into the levels of where it is today and thankfully for wingstop, we stayed disciplined in our approach to pricing and we think it is going dividends. they have to get over there flywheel of wall street's numbers, you do the opposite, and that is why your stock is down a couple of dollars from its high, the first time at the 52-week high, so people are forgetting the opportunity to buy the stock of wingstop, where president and ceo of wingstop western everything is overpromised and more, because he offers value and taste, thank you, michael. >> thanks, jim. >> "mad money" is back after this. >> coming up, hit us with your best shot, and electrified lightning round is up next.
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♪ ♪ >> it is time -- wait a second and then the lightning round is over. are you ready, we will start with jim from florida. jim? >> thank you for all of the help. >> the smart people on my staff, fantastic. >> wonderful, just like you, i looked at -- and id to get that in but i wanted to ask a question. i had sold my position in jpmorgan about a year ago, and
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went into banking stocks and a look that citigroup, and j.p. morgan today and ask lf, is citigroup a buy at this point? >> i would rather in jpmorgan, i don't understand what you are describing from the book value and the actual stock, so i'm going to say no to citigroup and yes to jp. , now sam and pennsylvania. >> jim, i would just like to say also talk to my sister bailey and her new husband to them. so model talk to them. so anyway. i have a stock that is not covered buy analysts, and it is the integration of data centers, ai and infrastructure buildup, >> i know the company, and it's in the right spot, i'm going to throw into, i tell you that company, the ceo is a smart guy, that company has come down with the end of the data cente
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, the data center is not over, let's go to craig in tennessee, craig why? >> jim, great to be on the show, thank you so much. i am interested in quantum computing and what i can do for ai. so i am looking ahead. which ibm -- >> ibm is doing quite well we are playing around with watson, which is unbelievable when it comes to espn and your league, i just get more and more impressed, i know as the stock goes higher, there is no doubt about it, they have really reinvented the company. now, let's go to mustafa from ohio. mustafa? >> hello, jim, how are you? >> i am good. how are you? >> i am good. i have acquired around $50, and it has been decreased buy 12 , and, do i add to my position, or hold or sell. >> that company is not a great
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i cannot have you put more money in that operator if the stock goes up and you will have a chance to sell it. let's go to vijay in california. >> vj? >> thanks for all of the kindness. >> thank you for calling in. >> i have a quick question. and on the energy sector, i mean, where are we going to the end-of-the-year? >> i think right now the stars are aligned, to send energy, which is stock you want to know about? >> i am deeply invested in exxonmobil. >> it is actually cheaper than exxon mobil. and it alleles a 3.4%, it is not that much better than chevron which yields 4.7% and they're both going down, this is not the moment to own oil, and, demand was never there i didn't understand why he was up so much, let's go to kieran in texas. >> good evening. my name is karen, first-time
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collar. and thank you for the call. and to let you know about -- the company keeps falling down for the last few months. i have had issues in time to buy. >> we are in an environment this is not what you want to be right now. and that is the conclusion of the lightning round! >> the lightning round is sponsored buy charles schwab! coming up, own it, do not traded, but don't stop the homework, cramer on apple, up next!
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next on the red carpet we have gina costa... looking simply stunning... with this season's hottest accessory. -[ cellphone vibrates ] -oh, what's this? she's opening her fidelity app... to buy that stock... for exactly the amount she wants... no fees or commissions... what will gina do next? gina has roller derby at 6:00 pm. i'm there. get started investing for as little as $1.
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disappointment other than the first couple of models, every iphone only represents incremental positives, don't even bother reading the reviews. that is what the critics will tell you every single time. i will give you y view, which is contained within my own apple traded ethos, and the eagles has been dead right, they advised us there are more than 300 million people that haven't upgraded their iphones since 5g, given that all three major wireless keurig carriers are offering deals, there's no real step up in price at least when you include the subsidies, i like that, so often people forget that a trade in means the customer getting a new phone and the one getting the old phone, overseas, a burgeoning market, in the philippines and, apple is growing like crazy, nobody cares about china, every other country makes you jan, but when you jan, you miss and loose, and second the feature sound incremental now but the short incremental versus three or four years ago, let's the series from a childlike spotter to more of an adult companion, the new camera and the
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instagram generation, brings the iphone even closer to the highest standalone cameras which can cost five times as much. take a photography class and you will see, there's a slightly bigger screen for those who have dropped and broken their phones before. and i have never met anyone with a current battery life, now i neededthe hearing to block the noise but i have to take out my multithousand dollar hearing aid, when i get a call, so i can put in my air pods about 30 million people have some sort of hearing difficulty most are embarrassed and can afford the marbles, but if you don't wear them you dramatically increase your odds of dementia for people like us, the new air upon hearing aids are a game changer, years ago i showed tim cook how important this could be, i'm sure many others have said similar, i great reason for millions to get them, the big issue is charging time, that will come down a great deal, and the new
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watch is 30% larger, 30 million people have sleep apnea but only 6 million diagnosed, a highly debilitating disease but it is hard to detect because you cannot hear yourself gasping for breath in your sleep you have to watch for sleep apnea, then you can take a glp-1, that is how you can control it, a major health advancement , and apple an intelligence, and a little action right there. now and apple aficionado i want to point out to me, that all of this means is a step up and how many people take apple services, that is important revenue stream, as the dominant revenue stream that is always given a short trip even this is becoming a larger part of the puzzle, since numbers just seem like less exciting than hardware sales and if you think about 300 million people with phones from 2020 or earlier, and say half of the folds get recycled you are talking about maybe 450 million people who might be enticed to subscribe to the various services or increase what they subscribe to the moment they buy the phone. that is a huge point of contact and a major moment for apple to sell some incredibly lucrative subscriptions, we don't know how customers will react to the
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new phone, it has always been guesswork but what isn't guesswork is that the improvements are astonishing features, to tens maybe hundreds of millions of people, and that is what keeps you owning and not trading the stock of apple, one of the greatest wealth creators of all time. and, just for you right here on "mad money", i am jim cramer, i will see you tomorrow! oung en. as it gets bigger and bigger and bigger, it gets a lot more challenging. this baseball legend is also a business heavy-hitter with over 20 years of experience in entrepreneurship and investing. what is your competitive advantage? why do i want to invest in your business? like, we don't let any excuse get in our way. 'cause i'm scared right now, but i'm fighting it to be here in front of you all. what do you have in sales this year? $100,000. ouch! at some point, you got to have sales. -you need sizzle. -a deal with me will not stink. -i think you're a perfectionist. -perfection is the enemy of profitability. i'll give you the $500,000. wow. shark. o'leary: ooh!
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