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tv   Mad Money  CNBC  November 8, 2024 6:00pm-7:00pm EST

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go. oih. >> tim? >> coinbase brian armstrong traded into this election, also successfully. i think coinbase goes higher. >> steve? >> i feel like bonawyn forgot his final trade there. >> nev.er maybe a little bit. my mission is simple, to make you money. i'm here to level the playing field for all investors. i promise to help you find it. mad money, starts now. >> hey, i am cramer. welcome to mad money. i'm just trying to make you a little bit of money. job is not just entertain, but to educate and teach. nope, not at this level. i'm talking about the s&p 500 are all the way to 6000.
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straight line. buyers were everywhere. sellers, they were nowhere to be seen. that's how we get another good day. dfw is down with points. nasdaq, hitting .09%. all the major outages closing at new record highs. it was another amazing session. amazed. i have set it several times, we will say it again. this is, ladies and gentlemen, a historic move that we are witnessing. fueled by election, voters chose a candidate who lowered interest rates and taxes. love him or hate him, donald trump, is the most explicitly pro-stockmarket president in history. now that he has won, that is paying off for a host of sectors. consumer products, financials, these are spectacular. they are driven by money manners -- it matters that are terrified that they won't have enough stock in their portfolios. they won't sell.
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at the same time, we are about to see wave takeovers as the antitrust regulators will stop trying to block every deal under the sun. a new broom is going to sweep clean. i know that some people say donald trump's agenda benefit the wealthy. we live in a democracy. he got a clear majority. this is the outcome that the voters wanted. even if it s not the outcome you wanted, you might as well take advantage of this incredible stock party. it is not closing. i'm not denying that. anybody that is willing to save some money, can own some stocks. this donald trump rally won't last forever. it doesn't hurt that the fed blessed us with a quarter-point rate cut. that was finally able to push in the right direction. that's some rare octane thrown on this fire. the question is, can the fire continue next week? that is a tough question. i will tell you why. we are up so much. when we do this? why do we do that game plan and
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make some sense of it? we have monday. monday.com. reporting in the morning. fema, has workflows, and provides visibility to people working on at your business. there is a ton of it just like it. this is a quintessential software bite. i am starting to gain with it. this group, enterprise software, they are so relentless. sellers just walk away from these companies. salesforce and service now are able to soar during this period. i think stocks have a much more to go. there are just a lot of sellers. they are as blessed now as they were cursed not that long ago. tuesday, is huge. cnbc investing club, home depot. this is the quintessential stock to own one feds cut rates have always been, and always will be. since 1988, i have been playing rate cuts with this one. raising numbers, given that we are headed for a low interest rate environment. first real growth in years. this will take the stock. it looks like it is up. it could go much higher.
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e-commerce facilitators, shop if i, last quarter, is a little bit too much. in business, you have to spend it to be able to handle it. i think shopify will be spending this quarter. a lot of people want to know why food prices got so out of hand in the last few years. why don't you listen to the tyson foods conference? you will get a ton about pricing, and the dominant player for meat and chicken. you listen to the stock. you listen to learn. i learned from tyson. in conclusion, spotify. spotify, reports that they keep raising numbers beyond even the wildest productions. i think they can do it again. it's like netflix. it is just a bargain. this is predicated on the nonhostile bomb market. change the bond markets mood. wednesday morning, we have to worry about this thing. it is called the cpi.
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center price index. this could put a damper on some of the buying that we have been having. cyber ark, reports wednesday morning, exclusive cybersecurity company. calls the keys to the kingdom, of the digital kingdom. i think it will have personally, great numbers. whatsoever, how driven the stock performance, both crowd strike and palo alto networks, they do it for the people. there is so much business going around, you have to get in them. we like it here too. cisco, this is the csc o kind. the network of choice, for a.i. and non-tran33 uses. it has been able to offer a cornucopia of analytics. that is a powerful combination, and one that can surprise to the upside. thursday, we will hear from disney. there have been so many good things happening at disney. they keep being obscured by the weaker theme park numbers. i think we'll get stronger. the company is expanding the cruise line business. that is what they are focused
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on right now. the new ship is about to have an inaugural voyage. can the expansion actually move the needle? as it gets bigger, the answer will be yes. it will probably be a deal. i have the survey this week. showing the cnbc investing club members love the monthly club meetings. we will set this for the future of -- jeff and i, it is a big video. we host one of these meetings on noon at thursday. join the hour-long meeting. it has been a highlight. i'm just passing up the survey. thursday, amen. this is going to be the semiconductor capitol. i actually love the search too. i should say. this has been falsely accused of weak demand. they have done a real horrible job explaining the story. hopefully, applied materials clear things up. they have been weak as of late. as applied materials, can change that dynamic. finally, friday, friday morning, ali baba reports.
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if you want to invest in china, you need to buy shares of ali baba. it is a legit, monstrous, online retailer. we know the chinese consumers hobble when it comes to luxury goods. there seems to be a sense of witnesses in that populace. ali baba, makes the numbers are ready routinely. it is the amazon of china. you didn't even know that i am not recommending anything in china. not here, not anywhere. i think the economy is a train wreck. the government's efforts, are improving including today's $1.4 trillion local government bailout. another plan that will put money in people's hands. people that are dealing with the deflationary environment. they need that money. it is so desperately needed if china wants to return to growth. they are making this run to 6000. i am saying that you need to be looking at second by second. take a breather, maybe monday, restaurant, hardline retailers
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war. then we might go back to the financials, and then the industrials. it is an incredibly bullish, virtual circle of gain. i'm looking at the stocks that are performing very well under president joe biden. why doesn't he mention that? i just did. president joe biden, didn't necessarily care much about the stock market. it was a distraction for the gentleman for his four years in the oval office. here's the bottom line. stocks are about to have a champion way. even if you think they are on board, they will have a presidential sport. -- support. we have a lot more room to run. john, in kentucky. john. >> hey. i consider you a friend. you have been coming into my home and living room for the last 20+ years. >> thank you, thank you. i hope i can return the friendship. what is going on? >> i bought a stock back when they came out with the weight loss. much on your recommendation. at the time, i think it went
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along. i've gotten into the trade. i have more than doubled my money. >> i love that. >> your words. do i sell it? it has been on a platform, getting ready for a trade? >> i went over it today. excellent ceo. i hate being harsh about a man that i think is so excellent. he did explain the deal very well about what happened with the sales. going around, starting to make some calls. talking to the investment houses, i'm getting a better picture. then demand is incredibly strong. the stock was up 34% today. you need to stay in it. thank you for the kind comments. max, max. >> apologies in advance for the pun. are we checking in or checking out of airbnb? >> we need to stay in airbnb.
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disappointing habit, of always telling you hat things are not going to be as good in the future. that is because he is humble. that is because he runs scared. i would like that, but i would temper it with a little bit of enthusiasm about how some things could go right, not just things go wrong. don't take that too personally. this is what i believe. mike, in ohio. mike? >> jim, how are you this evening? >> good, how are you? >> i have a question for you regarding chevron. pretty heavy position in december 2023. 142. for the dividend play. more than that, the equity, i'm not really happy with the equity position right now. equity appreciation. >> it has been the underperform of the group. which is a shame. mike goodwin is a good man. it is coming back. very good things to say today. this made me feel that things are turning up a bit. you compound that dividend, go
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with mike about what he is doing in the gulf of mexico, and what he can do. you will find yourself in a very good, long-term story. there is nothing wrong with long term. the buy-in for stocks is good. there is still a lot more room tonight. on mad money tonight, dutch bros, popping through. looking for the support? i have the top brass more and more. sweet green, 20% earnings overnight bouncing back to the end of the weekend. in the grain. i'm checking with the ceo. dome is a special mad money tradition. ahead of veterans day. outstanding west point cadets are joining for the stellar investing questions. stay with cramer.
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media could have a lot more room to run. let's look at christine borough. the president and ceo of dutch prose. what's going on with mad money?
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>> thank you so much for having me. >> sometimes, the superlatives don't work. i love your place. i'm going to the heart of the matter. can you tell your viewers what the 911 is? >> okay. the 911, you can have it hot or iced. ice is always our specialty. we will add an extra shot in your drink for you. >> how many shots? can i get six shots in a 911? >> you can get six shots in a 911. >> people have to realize, everything is a little bit tawdry compared to dutch bros. you guys understand the quality of taste, but also the excitement of coffee. it has been lost in other places. i find when i think about it, great tasting coffee. people who somehow remember my name. how can you in this day and age, where we have to worry about throughput, he will
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remember your name, and know your coffee? >> since the very beginning, we focused on speed, quality, and service. it is all three of those things together. i think the service is about your name, about connecting with you, making sure that you are having a great day at dutch bros. >> i went on reddit today. i haven't been to a starbucks in months. dutch bros, is so much better. they always have a great selection. sugar-free, protein milk, energy drinks, the combos are endless. tell me about the combos. >> one of the things we are focused on right now, is the holiday beverages. in fact, i'm having a candy cane mocha right now. we make drinks for however you want. one of our specialties is really personalizing it for you. i know that you love the annihilator. we have different ways that we can make the annihilator for you. chocolate macadamia nut in it, protein milk, we can make it skinny for you. all different types of things.
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>> when i hear about the problems that starbucks has, brian nichols is there, he's going to make changes. they had trouble with all the different permutations of drinks. how come you guys don't have a similar problem? >> i think since the very beginning, we have been about ice, convenience with connection, we have been about speed. really just connecting with you. all of that personalization has been a big part of us since the very beginning. i think we have really built our operations. we have built our brand, around the ability to personalize really well. >> when you try to hire people, you are opening a lot of stores. are you searching for people who have good memory of names? >> i think we were searching for people who want to be a part of dutch bros. we are searching for people who want to be part of a team. they want to come in together, and support the person that they are working next to.
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we feel like we can teach them everything else. we have an awesome training program. we invest in learning the drinks, we invest in connecting with your customers. i think one of the biggest things, we give our baristas time to connect. >> what i think is amazing, a couple of years ago, i asked your company before you got there about labor. labor shortages around the company, it was difficult. can you please tell people the ratio now of people who want to work at dutch prose now, versus who you want to hire? >> we shared this courier, that we have 400,000 applications this year. for 11,000 positions. >> wow. that is incredible. obviously, when you are expanding, you have to take that into account. i know that there was talk about how you were going to do a certain number of stores, little bit less, little bit more. how are you thinking about the expansion, now that there is not an endless pool of great labor? i think sometimes, when dutch bros fell, the stock fell badly before you.
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i thought there was too much expansion. how are you modulating expansion? >> the way that we think about real estate, the strategy is really working. i think about matching your process, the data and analytics. you know what you are -- going to look like as you grow. i think we really have all of that dialed in, and matched. tons of learnings, from all the expansion that we have done. more rapidly, we are feeding in those models. we are really getting that real estate stretch right. >> stretching from real estate to the extra metal -- actual matter in hand, never overdo the cost of coffee. only one small part of the coffee. we know that coffee prices are spiking. >> that is something that we absolutely watch closely. as we look at our overall basket, coffee is a little bit less than 10% of the overall cost basket. we look at it closely.
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>> as you are expanding, when are you thinking about making a big push to the northeast? >> that might be a little while. as we expand, we are getting people ready. all of our growth is predicated on people. 400 operators, many toward the open markets. we are growing across the states that are next to each other. we just had the ability to enter florida this year. we still have a lot of growth ahead of us. >> good. if you told me it was within the next year, i said you are expanding too fast. we don't want that. even if wall street doesn't want that. frankly, they don't care. you are a terrific steward of the dutch bros brand. the president and ceo of dutch bros. inc. you for coming on the show.
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>> be careful. i want six shots in mind. see you soon. mad money, is back after the break. it all started with a small business idea. it's a pillow with a speaker in it! that's right craig. pulling in the perfect team to get the job done. i'm just here for the internets. at&t, it's super-fast! you locked us out?!
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what is happened to the
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stock at sweetgreen? by far, the best restaurant chain. 75% for the year. 39 and change. pulling back 6% today. this is fantastic. the market is part of the results. i was screaming at the tv. this is ridiculous. they were down 14%. correct, the buyers came right back. 6% from the day, slightly down for the week. let's go down. cofounder, ceo of sweetgreen. better read. >> great to be with you. >> so much in your conference call. so true to your word. i'm going to look at the answer that you gave all the craft -- cuff that i like so much. delicious, credible, culturally relevant. operationalize them in a way that fits with our model.
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that is that technology and taste that you guys are famous for. explain how important that is to people that are coming into your store to own your stock. >> absolutely. the idea for sweetgreen, was to make it easier, more delicious, convenient to eat healthier food. we have this amazing model that brings together this powerful technology, with the infinite kitchen, as we look forward, as well as creating these menu hits. we take these fast food hits, and give you a healthier version of it. think about the first thing we made. guacamole green. guacamole and chips built into a salad. chicken pesto parmesan. this is what we are doing right now in our test. taking an american classic with french fries, but doing it without seed oils, air frying it, and making is something that can be a permissible indulgence. the key is coming up with these credible delicious things that fit into our model, drive in the mentality, and help us build checks, all while making people feel good about their
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decisions. >> you went to the infinite kitchen, i was blown away. one of them said cramer, you fell for that. it is all just a graphic. something to look at. i saw from the numbers this time, not only is it great for your margins, but the customers love it. they get their food hotter, quicker, better. >> that is the key. the way i run the business, is the core framework that i use. everything needs to be a win for the customer, win for the team member, win for the company. infinite kitchen does exactly that. customers are getting better quality food. temperature control, perfect portioning. you're getting a consistent product. team members are loving it. it is easier for them to operate. we are seeing that with turnover in the stores that have it. it is great for the company. seeing allie 700 basis points of labor improvement. over time, going to be second and third order benefits. some of the stores that are opening, some of them have been
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open that our new stores. in retrofit, we are seeing that store. we are seeing some nice competition lift with that store, and we are seeing some frequency lift with the customers. they can now get their order on average three minutes. i think it is a true win win win. it is going to be the inflection for the company as we move into this year. >> you open in westport, newport beach, new york, new jersey, columbus, ohio, charlotte, north carolina. how are you able to ensure quality control when you are all over the map? >> it starts with the food eat those. it starts with having really clear standards of the type of food we serve. we call it the sweet standard. it goes into a lot of the tools, systems, and most important, our culture in our restaurant. the head coach, store manager, is the key to the business. that person is running on average $2.9 million restaurant, with over 20+ employees. it is the culture they create. the standards they create, all
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about this idea of serving food safe, and really high quality food. at scale. there's a lot that goes into it. we have a lot of systems and tools that help us maintain the quality. there's a lot of what i call this balance of art and science. a ton of science. the art as equal is important. leadership, how we make guests feel everyday, that really matters. >> i wish we could tell people. hard to describe 2.9 million. it is difficult. i want to not dwell on that. that is wall street stuff. they want to know how you did the last week. i look at things individually. i'm a grower, i'm a gardener. i grow kale. i would never stem the kale. i will have the time to de-stem the kale. you guys are de-stemming the kale every minute. >> the stemming the kale every minute by hand. i don't think people realize. in some of these images, we scratch cook everything in our restaurants. not only are we sourcing superior quality food, really
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leaning on regenerative agriculture and sustainable farming, supply chicken is billed regionally. on top of that, we are making these things from scratch in our kitchen. we are marinating, roasting, on the hour. we pull things from very short periods of time, to maximize freshness. one of the things that i'm mentioning on the call, one thing that i talked to my team a lot about. get better as you get bigger. a lot of ompanies as they get better, they slowly chip away at what made them. for me, it has been a commitment not to do that. as we get bigger, how do we continue to go and look back on our core? what gave us the license to get here? how do we make sure that we do not lose that? really invest in the quality of food. for me, it is a real commitment to the quality of the food. >> also, indulge the wall street learners out there. x percent comps, got better every single month. greater october. i know those things matter to wall street. what i care about, you are continually looking at what you
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told me. not going to open the doors until you have the highest quality, fall harvest menu has to be a big deal for people. right down to the caramelized brussel sprouts, you just have to care about this in order to do that. that's how you get the cadence of good numbers, right? >> absolutely right. we are building a brand for the long-term. we want to take an intentional approach for how we expand. the worst thing that could happen is that we go too fast, and we lose the quality that got us here. we very intentionally, slow down our restaurant a little bit this year. to really get things right in the infinite kitchen. as we look forward, we think there is an opportunity to accelerate. given the success we have seen in a lot of emerging markets, we look at the opportunity to intensify these markets with openings. even as we continue to grow, we are going to stay true to our roots. stay true to our roots around the quality of our food. creating great jobs for our team members. i think that win win win salon city -- philosophy, -- for a
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long time. >> they want to have a company -- have your stock go up 250%, requires you to say no to the guys that want to put up 200 units right now. it requires you to be able to put the steak of the same thing, and say we are not like the other guys. that is how your stock ends up great. you realize you care about quality and the technology. giving it to the people who are your patrons. who are your bosses. i want to thank you so much. sweetgreen cofounder and ceo. congratulations, great work. >> thank you. great to be with you. >> okay. mad money, will be back after the break.
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on monday, it is veterans day. special time for this country. it should be for all of us, to thank the women and men that served in our armed forces, and those that we have lost. that will bring back one of my favorite mad money traditions of the year. the annual salute to service. we take ime to honor those who commit their lives to protect ours. one of our long-standing and most sacred traditions. having the u.s. military academy on our show. many times, we have hosted west point on mad money. we are looking at the camp is on their term. 2017. tonight, we are joined once again by some very special guests. from the finance club at west point. these people are the brightest and the best.
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i'm so excited to get to answer to some of their markets. let's get started. >> hi, how are you? >> i'm good sir, how are you? >> good, thank you. could it from new jersey. >> we crush every time we played you. >> no way. what is an aerospace defense company that you view having a strong returns in global tensions increase? >> great question, i will tell you why. think about the hardware companies. i want to go nimble. that is what we see in the papers. that is what we do very well. aero environment. they came with us, 170 points ago, and showed us drones that were being used in agriculture. next thing you know, they are being used to help protect, and to help you guys do a better job. where i want to go. >> thank you. >> let's go to work. >> thanks for having me on. cadet michael jackson houston, texas. with the white house pushing
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the pentagon in intelligence agencies, focused on a.i., do you see this as the beginning of a a.i. ? what should benefit from this? >> it should be the beginning, but it is not. great reformation from the defense point. i urge everybody to read. they understand the german process. most important, they understand they have to be faster and better than the bad guys. my idea, even though it is up a lot. pounce. >> what's up, jim? from utah, i'm stoked to be here. can efficiently diversify their portfolio with limited to. >> you have to start with the s&p 500 index. i'm not a guy per se because i like to pick stocks. the bedrock has to be index fund, then you have to pick stocks. go that way. >> thank you. >> thank you. >> hello, i'm from texas. how do you adjust investment strategies during economic uncertainty, such as high inflation or potential
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recessions? >> the key thing is cash. i'd like to make things difficult. when things are tough, you raise cash. when things are good, you put cash to work. fancy screws it up. cash. >> jim, i hope you are having an amazing day. lynette charles live from frederick, maryland. with a lot of debates on the need for affordable housing, how do you predict the trend and ministration will help real estate equities perform? >> the biggest problem we have in housing, it is very difficult to get the regulation and environmental buildings in many homes. what you have to do, you have to lower rates to the point where there is inventory. if there is inventory, prices come down. that is what has to happen. >> cadet owen fisher here from wake forest, north carolina. my question is with the current environment, is it safer to rotate into more bonds? will stocks have more returns? >> do more stocks. you will have more money by the time you get there. >> hey jim, cadet from p
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carver, washington. brian nichol had great success at chipotle. can you replicate that at starbucks? >> you but he can. he has taken some profitability so he gets it right. we are going back to starbucks. going to do it for us. >> salutations, from california. given the rapid growth of decentralized finance, do you think i could 30 eating into some of the bank stocks? >> absolutely. in the old, they are watching for a ferment. the firm is doing a lot of things that are much faster than they are. >> cadet from new jersey. oil and gas stocks have been strong this year. there is an increase in pressure fort greene transmission. how do you see traditional energy companies balancing long- term sustainability goals? second, do you have any specific stocks or strategies that you think will do well and thrive in this environment? >> what i want you to do, is look. they have a compensation system that makes it so that if you go up with long-term sustainable
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ideas, you will do better than the people who just keep their nose that grinds down, and drill, drill, drill. i love that. if you can create a system that addresses sustainability, internally, and pays people more, you're going to be more sustainable than anybody else. >> cadet jerry, from litchfield, minnesota. with the current market volatility, how should retail investors look at their portfolios? >> retail volatility is going up. what we want to do, is be as much invested as we can. we are in a low inflation environment with interest rates coming down. that is about as good a moment as you can have. we have a deregulated new president coming in. regulation and growth. you have got to have all in. particular for someone who is young like you. all right? fantastic read fantastic. i want to thank all of these amazing cadets at west point. mad money, thanks every veteran for their service.
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we salute you, cadets, as you pursue the next step in life. like you for your service. mad money, his back after the break. come on, let's get the buzzer. >> [ applause ]. [ screeching ] [ chuckling ] [ vocalizing ] that's a choice. [ vocalizing ] think of what we could do together. business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone.
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and in the lightning round is over. are you ready? [ inaudible ]. let's go to mary. >> hello, my friend. mary, from idaho. how are you doing today? >> i am humming. how are you? >> i'm doing all right. we had some technical difficulties, jim. yesterday, when i called. i just want to make sure that you know that you have been appointed and confirmed to be the official wizard of wall street. >> a lot of wizards. i have met real wizards of wall street. thank you so much for the kind complement. how can i help you? >> i just would like your opinion. i previously owned. i did extremely well for two years. i sold it when the bottom started to fall out of it. due to a class action lawsuit that was filed earlier this year i believe.
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it now seems to be trying to make it to backup. even though the losses have not been up buried the attorneys are still calling encouraging shareholders. >> forget the attorneys. what is the stock? >> with some of the profit that i took after the markets, great run in the last few days. i'm wondering if it would be a good time to get back into the stock, or if it would just be better? >> what is the stock? >> the stock is dominoes. >> i like what he is doing. i think this quarter is actually going quite well. i would own the stock right here. you for the time. was go to mark in wisconsin. mark? >> jim, thank you for taking my call. new information that is coming in, claiming that their mantra for energy, is going to be drill baby, drill. i have got a stock on the
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houston shipping channel. they don't drill. they load, baby, load. should i be adding to my shares in enterprise product? >> it just spiked. i do like it. let's go to andre in california. andre? >> jim, longtime listener, first-time caller. i'm a huge fan of yours. your stocks are always up 20 points in my book. >> thank you, very kind. >> i want to know what your thoughts are. >> yesterday, i thought they did a good job. under pressure today, the stock can go to 160. let's go to eric in florida. >> hey there, jim, thanks for taking my call. it has been a wild since we have heard from dr. on bio haven. i would love for him to come back out on the show. in the meantime, would love an update for your perspective on the sock.
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>> full disclosure, i am working. drawing the tenant with the company. i'm going to have to take a rain check on that. the drug works, it is going to be great. i don't want to recommend the stock. i am working with them for a drug that i have got. it helps people. full disclosure. was go to david, in california. david? >> david, i spoke to you a few weeks ago. you gave me amazing advice. he told me to hold n. i did. it is up 55 point since then. by golly. >> better to be lucky than good. how can i help you now? >> i have been in and out of this stock for 30 years. six months ago. i want to know what you think about interdigital corporations incorporated. >> card company to understand, but it has great technology. it has forever. therefore, i have liked it.
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thank you. let's go to georgia. >> hey, mr. cramer. thank you for taking my call. i have a question regarding wells fargo. >> wells fargo, it was one of the large ones from the trust. we took a little bit off. letting the rest run. it is very cheap. let's go to rich, in florida. >> hi, jim. i'm an extremely happy club member thanks to you. >> thank you. big meeting next thursday. hope you will be there. how can i help? >> last time we talked about universal display. o l.e.d. i think this is a good quarter. more conservative for the forecast. the stock however has been hammered recently. i'm asking you, is now the time to buy, sell, or hold?
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>> it came down on the forecast. i think it is now redeemed to sell. this is a level that you can buy. still a high fire with high- priced moguls. let's go to daniel, in new york. daniel? >> jim, how are you feeling? >> not bad, how are you? >> okay. what i'm thinking about, securities exchange. specifically taking a special jumbo dividend at the end of the year. i want to know what you think about cme. >> consistent moneymaker. own it. mr. duffy is terrific. let it ride. and that, ladies and gentlemen, is the conclusion of the lightning round.
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once your stock leaves the realm of traditional evaluation, you have one of two things. you have a new way to adjust the stock's evaluation, or simply accept that the stock has left the value of the market. that is what is happening right now at this very moment in the stock of tesla. valued at over $1 trillion. that price tag, tesla cannot be valued during a traditional pricing method. it sells for 133 times the earning. impossible to justify it at that price. if it stays on the current trajectory, tesla could sell for as low as 76 times earnings. even with that incredibly generous metric, it is hardly a bargain. anyone that thinks tesla is more reasonable, the trades are at about 10 times sales. s&p 500, three times else.
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maybe it is a rationalization of tesla's price. do you know what? i would rather say wait a second. maybe tesla's stock has separated from the traditional numbers, and needs to be judged by a different kind of metric. maybe it can't be bound by the four walls of the stock canvas. like the green bay packers. quickly owned, nonprofit corporation. owned by 538,067 stockholders. people own it because they love the team. each share cost 300 bucks a piece. there are two anomalies that ruin that analogy. you can't sell or trade those were take profits. there will never be any dividends. you essentially own shares to the packers as a keepsake. shares are going to be the keepsake that trades. you are buying tesla, because it is tesla. the packers are in green bay. maybe you have to develop a whole new way of thinking about the stock. let's try this one on for size.
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for the longest time, he will buy shares to brookshire halfway because warren buffett runs it. the earnings, are keeping with the stock. it doesn't matter. when you are buying to brookshire, you are buying a little bit of warren buffett's mind. as long as it works, you are all in. that is the reality. follow that logic. if you buy a share of tesla, you are getting a piece of the elon musk remarkable. many business ventures, spacex, owns the satellite wireless company, starling. -- star link. you are getting the supercomputer brain. ability to handle traffic of all kinds. running the way for the world's best electric vehicles. getting a call on his proven ability to create value. when you look t it like that, you can include that tesla is a lot less expensive than it should be. even at $1 trillion evaluation. here's the real kicker. i actually believe this is the case. the last 400 points, tesla cars, you can buy the stock.
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you can. i don't know how much it can hold money value from year to year. who is a say that it doesn't go to 2 trillion to 3 trillion, given that it is powered by the greatest mind of our era? could go for 450 million. including the interchange, sold for 300 million. why should tesla not be worth $1 trillion? what could da vinci do? what could it be worth? this is what people will pay for it. you can't put a price on tesla is a stock, under than the one -- other than the one it is currently selling for. they are way up here. i think we are seeing. it is ridiculous to use traditional evaluation metrics. you may just miss the best stock that there is. who is to say that the da vinci couldn't sell for 500 million? a share of tesla could be 521 and not 321. we will have a whole different conversation. at the end of the day, it all comes down to belief. tesla is working up right here.
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i do believe that. if you don't believe, just forget about it. no point, or could be viewed as possibly overvalued by skeptics, who remain agnostic to the man, and the company. i like to say this as always. for you on mad money, i'm jim cramer. see you next time. chicago community. >> the girls would be scantily dressed, and they were noticed by the residents. >> narrator: dentist gary kimmel launders money for sex traffickers by purchasing cars that keep pimps rolling in style and sneaking sex workers in for after-hours repairs. >> dr. kimmel clearly understood that these girls were in harm's way and chose sides. he picked the side of the pimp. >> narrator: and what brings the dentist down? his own big mouth. >> i don't think he was

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