Skip to main content

tv   Mad Money  CNBC  December 18, 2024 6:00pm-7:00pm EST

6:00 pm
be buying this here. a couple of things that are wrapped up, higher for longer and this kind of generative a.i. trade. i would avoid. >> courtney? >> yeah, i agree with karen here, i would look at the banks. they were really hit on the fed, like a hawkish cut we saw today. i think my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market summer and i promise to help you find it. mad money starts, now. hey i'm jim cramer. i'm trying to save you money. my job is not only to entertain but this is a contest because they're hard to understand. so call me, tweet me @ jimcramer. is the market too hot or too
6:01 pm
cold. they split the proverbial baby. nobody seemed to like the answer. the dow tumbling 1,123 points. s & p plunging 1.2% and nasdaq plunging 6.3% i guess the baby got thrown out with the bath water. it was truly hideous, a little unexpected and yes wicked. even the market is oversold we may not get that quick bounce back because after the bell, we got disappointing guidance, well and also earnings from lenore that's a giant florida based voter. a disconsorting forecast about chips. homes and semis both bad.
6:02 pm
not good, not good at all. so why did the home market fall apart in response to a rate cut? i mean, i've seen a lot of markets that have been clubbed by rate increases. but after listening to chief powell, i think a lot of people got more baffled. because he seemed to get caught having to fulfill a prediction of the need for rate cut and that need was no longer self evident. the data didn't back it up. there is real inflation that hasn't come down enough to many more cuts soon. now we've been saying that on the show but you hope that everybody agrees with you and has thought, yay, i heard it on mad money. i'm clear with how the market today, there's several people craving for cuts and those cuts may not come soon. and those people, they were
6:03 pm
wrong. chief powell told the reporters in that excruciating conference. people weren't happy with the inflation cut count. those who want lower rates were, everybody similarly confounding. almost seems like he's rising rates than cutting them. we have the raise there's nothing we can do. but he did. of course not. we have two economies that people wanted. they come together in a way that probably people didn't fathom. i want you to consider the company you may not have heard of but it's a very big company. j.vill. $27 million revenue. this is what's known as a
6:04 pm
contract manufacturer. jvill makes everything, data center components, medical components, tech, auto. the company shot up 7% and dramatically raised. ceo michael dasenport said he expected $6 million in data center revenue. people are saying maybe it's amazon. 30% growth last year. 30%. data centers are quite hot and this extends to utilities. we simply need more energy than we have. our current grid won't cut it and that's actually moving the gdp. at the same time, another business regulator, microcosm
6:05 pm
again. that's focused on things like renewable energy. ice cold. this is including solar and will continue to be weak. when the same pharma business which is currently doing great because they're promising to bow out if client gop. talk about smoking hot again. this is a worldwide company, its biggest manufacturer mexico. will slow the growth f american companies. in the past these towers have been largely passed through cost. so you get this. all with the one company indeed microcosm of our economy. more exposure to the companies out there. how about the things that don't. but it seemed like it just hit, that many many other companies hit an air pocket today as the companies spoke. and that could be vulnerable to
6:06 pm
other pockets. it's the largest streak since 1974. then there's another side to this story and that's the industrial economy. residential, commercial construction. we have a commercial properties especially office buildings. we have way too much capacity this part of the economy it needs rate cuts. then there's autos, gigantic part of the economy. responsible for 1. 1 million jobs. rate cuts needed. how about housing. we saw more tonight. we have two problems with housing. first we aren't building enough homes to equal demand. we won't get the supply we
6:07 pm
want. it's put a real hex on housing. these rate cuts when housing and auto and commercial construction are weak you get softer numbers from the materials companies. the service companies involved in the buying and selling of homes. including the retailers. doesn't look like they're going to get it. inflation and food, insurance, health care, rent. gets even more complicated when you consider what the fed isn't supposed to be worried about immigration. immigrants who come here from all over the world are integral to the economy. and we don't have enough for robot check to do anything. at the same time, immigration puts pressure on housing. because everybody needs where to live. talk about tricky for the fed, tricky for you, tricky for me. let's throw in a couple of issues that the fed should not be worried about but it should. endless run ups in nuclear power, commercial space, the speed of the rally, bit coin
6:08 pm
could or worry you. those club owners think these kind of speculations are concerns and is coming home to roost. the feds simply fanning the flames. others say without the fanning the flame is going to go out. what are the feds going to do? raise chickens. we're not going to afford a cup of coffee at dunkin donuts. why can't we cut out the middleman in pharma as we see saves money. we won't be able to estimate when airlines will bring the cost of fares down, but when. they would have been better off if they would have taken a wait and see approach before this meeting. this time they calibrated the
6:09 pm
wrong thing, hence the melt down. if the inflation comes down the fed does have more room to cut. here's the bottom line. a previously dated dependent fed chose not to be data dependent today. that's what drove the market down instead of that quarter prate down. something that's supposed to be good news for stocks but it turned out to be the very opposite. >> the house of pain. >> jack in new york, jack. >> hey, jim. thanks for taking my call. first time long time. >> excellent, excellent. >> i got a question on the company i've held for for a little over a year. i'm in the house of pain actually with this company since november. it's been steadily declining. and there hasn't been any bad news. although i think it's caught in the doza effect. my company is l.a. checks harris. i'm wondering if i should buy more here in the dip, hold it or bump it. >> we're getting worried. the problem of continue resolution. we're getting the shut down,
6:10 pm
the government kind of stuff again. the defense department is a natural space people want to cut back even though you and i think they shouldn't. that's what you're seeing and that's what you're getting with the idea that we have an elected president who has said. we're going to put an end to some of these wars and that is also driving it. there are many other stocks in similar situations. that's more of the misery loves company, sorry i said that. but what can i say. it's going down for a reason. jimmy in kentucky, jimmy. >> with bazel three and hopefully earnings will be positive next year. what do you see with bank of america? do you see maybe thinking 4.50? >> i think that bank of america is now going to be in that situation where we have to readjust knowing there's not going to be as many rate cuts as we thought. we thought there would be 3, 4, now we found out it's two. we think the stock is probably
6:11 pm
fairly there. if it goes under 40 i think you have to call minnesota paul. >> cramer, you bald headed beauty, how are you doing today. >> thank you, for getting me as correctly as i see myself every morning. >> it's a winter down here in florida. i'm perplexed, and my favorite stock i own is down from 66:00 to 44. do i buy it tomorrow morning? >> no, you don't want to buy it tomorrow morning. here's why, because there are a lot of people who are looking at this stock. it's up 137% for the year and they're saying you know what, i better lock something in because i think the market is going to be bad. now that is not necessarily the case. but remember, we have to adjust to what people are going to react to. not just what we think. even when we will in the end be right. okay. look, i just wish the fed had
6:12 pm
not been so definitive to covering. we would have been much better if they would have taken the wait and see. self-driving cars and more and we're continuing our series on opportunities in health care. the life sciences as they get chill. and a treasure for aprofoil. i'm looking at top brass see where their thesis stands. so stay with cramer.
6:13 pm
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. create a beautiful website in minutes with godaddy.
6:14 pm
z's bakery is looking to add a pizza oven, create a beautiful website in minutes arissa's hair salon wants to expand their space, and steve's t-shirt shop wants to bring on more help. with the comcast business 5-year price lock guarantee, they can think more about possibilities for their business and not the cost of their internet. it's five years of gig-speeds and advanced security. all from the company with 99.9% network reliability. get the 5-year price lock guarantee, now back for a limited time.
6:15 pm
powering five years of savings. powering possibilities™.
6:16 pm
what do you do with a stock of lyft. the number two ride sharing company. the stock shot up 20%. a big part of it is we keep hearing good things from the autonomous driving space. whether it's waymo or tesla. we're seeing potential risk to list model. especially when elon musk is in very good place with president elect. let's take a closer look with david richer. will come back to mad money.
6:17 pm
>> david it's great to be back. >> how is lyft doing right now? >> so lyft is doing great. the reason we're doing great is we continue to be customer obsessed. every time we get to talk we're talking about the same thing. our service is doing better. nobody likes surge pricing. you don't like it, i don't like it. a couple of quarters ago i said we were going to open up a can of woopass. i have the can here. nobody likes driver cancellations. we're down from 50% about year and a half ago down to less than half. as we do better, riders get a better experience. >> what are you doing to make
6:18 pm
these changes occur that are happening. what is the game plan of woopass? >> you know what it is, there's a lot of math to it. remember 2 million times a day we give a ride. every single time a person opens that app we have to make sure that a driver is close to them. we predicted where that demand is going to be so the supply is close. sort of all this background math. the other thing we've done is we've created this product called price lock. if you commute every single day and you don't like your price bouncing around for $2.99 you can lock up a price that will not go higher than that. it's a whole bunch of work behind the scenes but it's supposed to be easy, simple and pick you up super fast and get you where you need to go. >> our eyes glaze over when we talk about partnerships. but to see what your partnerships are doing for your
6:19 pm
growth, it's very meaningful right. >> warren buffet said this. he said this about your spouse. that the spouse you pick is the most important decision you're going to make in your entire life. i feel the same about partnerships. we just partnered with door dash. door dash now, people are, if you have dash pass and you're not taking lyft you're making a big mistake. because you get cheaper food delivery and all this sort of stuff. these partnersships are the whole greater than the sum of the parts. i thank you for bringing that up. ask your wife how she feels hanging out with you. i have been married for 29 years and i would not have it any other way. >> i think insurance is up too much. i know from a conference that you had at barklays that your team agrees but no one seems to be able to do anything about
6:20 pm
it. i imagine you can't self-insure because you don't really know your drivers but this is the run away cost that i most worry about with your business. >> so i tell you something, so this is a cost that i would say is very much under control now in a way that maybe a little while ago people thought it wasn't. so we, just to be super kind of interesting about this thing. insurance is a big ride for ride share. it's expensive to ensure these expensive vehicles driving around. and so on and so forth. we have a whole team. we actually do self-insurance some what but a lot of the risk we add to third party insurance companies. the best thing i can say about that is is actually what you just eluded to. we actually have a very tight relationship with companies. we gave them an enormous amount of data and insight into what
6:21 pm
makes for safer driving. there's all sorts of weird litigation stuff that drives cost up. auto parts. but we are doing our best to keep our insurance cost low. unlike other ride share company, we said we were not going to pass along the price up on customers. >> and i want you to talk about waymo. i think there's misinformation that caught people. >> the big autonomous vehicle company had done a great job. but there's also a lot of dismiss information and a lot of human nature looking at one little data point and trying to extrapolate. let's talk about this for a second. in san francisco what we've seen, where you know waymo in
6:22 pm
particular has been very, very impressively aggressive in spending money. we've seen it a thousand ways. 30-1/2% a year ago. we've grown 50% year on year. i know it's a lot of math but that's how it works. when we look at another market, phoenix. where we see a lot of autonomous vehicle growth. what does that tell you? what that tells you is as autonomous vehicles come into the market the market starts to expand. new people, they do all kinds of things. some of it is tourism. some of it is wow, i never thought i was going to take ride share. >> maybe you don't necessarily need to sell your company to tesla or waymo, huh.
6:23 pm
>> we do not. we do not. i think it's the opposite. i think back to that word partnership. i think what you will find. if you look at 5 and 10 years, every car is going to be autonomous. >> right. >> if you have that car in 10 years that the not autonomous it's going to be like buying a car without a radio. it's going to be built in. companies like us that generate demand and that have fleet management and do pricing and do on boarding and figure out insurance on behalf of drivers today and cars tomorrow. we think we're in a great position. so we're super excited about it and that's certainly the way i wake up every morning thinking about. >> it's the kind of stock that people, not all stocks deserve to go down. i want to thank of rich for some great common sense. david you really do understand your business so well. it's a joy to speak to you. >> thank you, jim. super super pleasure. have yourself a great holiday. >> you too, you too. >> back after the break.
6:24 pm
coming up cramer's health check continues. don't miss his prognosis, next. [alarm beep] you make it through security so fast, ♪♪ the agents applaud. your travel itineraries are so well written, they're on the best seller list. and you have access to lounges that don't officially exist. that's why you rent with national,
6:25 pm
where you can skip the counter and choose any vehicle on the emerald aisle. because travel isn't a competition. except that it is. and you're winning. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. our advanced matching helps find talented candidates, so you can connect with them fast. visit indeed.com/hire your loved ones are getting older, and they need your support. care.com is here to help. it's an easy way to find background-checked senior caregivers in your area. and some piece of mind. see why millions of families have trusted care. go to care.com now
6:26 pm
“all my friends sleep on a purple mattress now. it's the only mattress good for every body. see why millions of families have trusted care. the grid flexes where you need it, cradling all your pressure points. and it's got instant response for an undisturbed sleep. it's soft to push in where you need it, and firm to support and keep your spine aligned. thanks to purple's grid, now i can finally sleep on my back. to learn more, go to purple.com”
6:27 pm
given how much the markets run this year i wanted to prepare for 2025 by searching for value in one of the best
6:28 pm
sectors out there. health care. the average health care stock is down 20% from its high. people are worried about the policies of robert kennedy jr. as head of the health care department. this kind of move has and historically run its course. that's why we go to the best beaten med. and we go to the tools and sciences core. this is one of my favorite sectors because it grows really fast. there are only 10 of them and nine of them are down double
6:29 pm
digits. but there's some genuinely attractive companies here that don't have sensitivity to washington. i want to think of myself as an arms dealer. they have big ticket equipment these companies need to conduct research. most come from consumers and serves as cost. it's struggled since the stock peaked, pulled back in 2022 it's pretty much has been, afterward there was an industry wide inventory glut of their machines because you only need so many in research labs. plus it doesn't help that we haven't had many medical ipos in the past like thermal fisher. for much of last year the company was working on its way
6:30 pm
high. from october of 2023 to this last september it was up 55%. but the stock now down 18%. when the coming was coming out of a quarter the ceo told us that the company was firing in all cylinders and even had some decent things o say about china which you don't hear these days. slightly better than expected earnings and guidance that seemed. stock definitely to sell up. it only stopped when the company announced its buy back in november. two weeks ago they announced we purchased $1 million of stock. but physical they keep buying back a billion dollars is not going to be every two weeks you know that's a different story.
6:31 pm
i think these will gradually improve for fisher. if the ipo market ever comes back to life, there'll be a new wave of biotech companies and spending the money on life science equipment. this year's estimates will be very well. a 30 multiple stock over many years and i've got to tell you, i'm used to having one of the highest in the s & p. and full disclosure this is a name we've been battling for a few years now. the system was established in early 2022. we stuck because we have tremendous respect for the company. i always believed once the temporary cleared this one would bounce right back. so is the high earnings so it got annihilated today. had this will gigantic outbreak in july. they traded sideways for a
6:32 pm
couple of months just like thermal fisher. i think it's a good entry point. and i am not alone. last friday, analysts at bank of member published the outlook note for diagnostic tools and they upgraded. noting that business should get back to normal next year. even in china where they expect a miningful meaningful pick up. there's been no growth in this sector. more to say about this one in our investing club meeting. and services for customers in life science, diagnostics and end markets. this one is down 52%. in the news because if company hosts an analyst state yesterday. from what i hear they told a pretty good story. companies confirmed its
6:33 pm
previous long term financial program but those numbers are solid. combine them with steady markets. only double digit earnings growth. they also provided more detail in the company's reorganization dubbed ignite. while making it more customer centric and improving productivity. i think it was good reintroduction for this fine company which might have fallen off investors radar during this listless the period for lifeless space. at its peak in september of 2021, the stock sold at 37.4 earnings. for a reasonable valuation. i have more confidence in the numbers because we just got them from yesterday's analyst meeting. that's three names that could be worth buying. i'm planning on that all who life sciences tools. thermal fisher scientific, dan
6:34 pm
herr and angelent technology. i've given you four beaten down stocks. let's go to the phone calls. >> booya, happy holidays. >> same to you. >> happy holidays to you, your family and the whole staff at mad money. >> we are a family too here at mad money. >> just a quick shout out to my dad because he's recovering of knee surgery. quick shout out to him for a quick recovery. >> perfect, okay. >> and my question jim is a follow up to you with regard to johnson and johnson as its at a 52 week low. i think it's got a great growth, dividend and resolution coming up. do you think it's a good time to buy and load up. >> i think there's two things. there's the litigation, also a patent that for big drug that's going to go off. i don't think it's going to
6:35 pm
matter. i will tell you this, i have not seen j & j this cheap in many year. 3-1/2% yield. aaa balance sheet. but the group is so so hated. i tell you this, if you can handle a little pain, i think you can get a lot of gain. how about that. let's go to marisa in california. marisa. >> hi jim. >> hi, marisa what's up. wanted to ask you about moderna and mrna. i know the stock declined over 50% this year and it's low, it's at 12%. and there's huge range for price target. and i know they've got some strategic initiatives and potential catalyst. just curious what your thoughts are for the next. >> that's a great question. remember the market is going from $100 million down to 14 billion. i have to tell you, even these guys do not have any revenue
6:36 pm
growth. what's most disturbing they're not disciplined. they just seem to mind that they lose so much money. and that's why the stock has gone from love to hate. i think thermal fisher, dan herr are all strong companies. more mad money. you probably don't think of ai this kind of company having ai tool and recycling, major implications on the company's ceo -fplts then. you pull in all the timing asking me about the spectator. how does that hold up in this new environment. we're going to cover a name you have been asking about. stay with us. ehh... hmm. oh, that's very, uh...
6:37 pm
- right? - mmm... this store doesn't have agentforce, so an ai agent didn't tip off the stylist as to what i might actually wear. - yes. - oh. that's a commitment. [glass knocked] hey bud! whaddaya think? you know, people can see you out here. ha ha ha ha, yeah, yeah, right, right, ha ha. love you, too. agentforce helps retailers prevent fashion fails. it's what ai was meant to be. ♪♪ ♪ it's what ai was mea♪t to be. ♪ ♪ whether your phone's broken or old, we've got you. with verizon, anyone can trade in any phone, any condition. it's your last chance to get iphone 16 pro with apple intelligence, on us. and, ipad and apple watch series 10. all three on us. that's up to $2,000 in value. only on verizon.
6:38 pm
6:39 pm
doors lead us to new opportunities. your dedicated fidelity advisor... -surprise! -for you, mama. ...can help you open those doors. by proactively reviewing your entire portfolio. with an eye on taxes and risk. doors were meant to be opened.
6:40 pm
after the federal reserve scaled back their plans for next year, people started thinking. which brings us to republic services this is the number one two player in what they call the trash and recycling. they bore the week of election. not as much as wn though. let's check n with john vanderon. welcome back to mad money. >> great to be with with you, jim. >> sir, your company is in 43 states. so you have a very good look at
6:41 pm
the economy. today we got a federal reserve chairman who seemed a little flumish that you thought it was too hot. what is your basis on what is coming off the economy. >> we're coming off three very good years. which for a business like ours which is pretty slow growth is a great outcome. this year we'll see that grow start to modulate a little bit. we'll probably be in the 5 to 8% growth this year. volume is then flat at best. so, we're seeing small business on one hand is very strong. the construction side and the manufacturers side have actually been a little slower the last two years. we're optimistic going forward but the last two years have been a little sluggish. >> you are, you have an excellent deck. you're highly correlated to housing starts and that's been
6:42 pm
part of the economy that really has not ignited even as the feds cut rates. >> yeah, a one year housing start is a best predictor of our unit growth or demand in this space. we're seeing that being negative year over year. we need to build more single family homes in the united states. we're seeing we're in 1,000 dots in the united states we see it in boston, fort lauderdale, california. the f the fed county rates help. we also need the 10 year to come down and get the mortgage rates down so people are going to start to move. and when people start to move that unlocks new opportunities and i know whether that's going to happen over the next three to six months or three to four years i'm really optimistic we're going to see growth in this space. >> at the same time what you're doing, we're doing a lot of things that we want tour waste disposal companies sort to speak to do. you are recycling, you are doing things that i thought
6:43 pm
were not possible. because your artificial intelligence. you actually are separating trash that you felt people could not be separated. you are really doing what we thought we did when we were using recycling cans to begin with. >> yeah, we've really sophisticated technology. when we take it to the curb and we tip the container we can scan that stream. we can see what is a real recycle material and what is garbage. we can let the consumer know. you have to clean up that stream because if you put garbage in it risks contaminating the entire load. in our recycling centers themselves, a high level of sophistication to be able to sort things many many times over that allows us to get everything in its right spot and get the maximum yield to solve that aluminum and fiber and plastic into our market. >> the consumer has to do
6:44 pm
better. when we're in a company like germany they fine you if you put things. if you put the brown glass into the green trash then you get fined. what do we have to do in this country to make it so that recycling is taken more seriously? >> yeah, education is a big piece. i think we have to tell people what is recyclable and there is some wish recycling out there. the greasy pizza box. educating on the postconsumer recycling. the three arrows. that is made with recycled material but that doesn't mean it's recyclable. and communicating that is a big matter. >> does it matter about the
6:45 pm
ethos of the presidency. president-elect trump concerned about the environment in a very different way. does it matter who's in the white house in. >> oh yeah, we've now had the fourth election where we've flip-flopped and we've had a really run in our business. because we take it through cycle mind set. we don't build our business based on one administration and the other. because we're largely generated on the local market. the biggest driver is consumers. whether they're democrats or republican they want to do the right thing. they know this material has value and they want to build a circular environment. why do i want to pay money to put something in a landfill when i could take it out of the landfill, reduce that cost and get a second revenue stream from it. >> when you've seen the market down like this, being consistent growers that are not linked directly to the economy like republican services. thank you for coming on the
6:46 pm
show. >> great, happy holidays to you. >> mad money is back. coming up, cramer takes your calls and the sky is the limit. it's a fast higher lightning round. next. it's time to feed the dogs real food in the right amount. a healthy weight can help dogs live a longer and happier life. the farmer's dog makes weight management easy with fresh food pre-portioned for your dog's needs. it's an idea whose time has come.
6:47 pm
♪ [music] i could unlock my front door ♪ with fre♪ while i dinertioned for in baltimore ♪ds. ♪ no lock box to explain ♪ ♪ ♪ at 9:00 the doors would lock up ♪ ♪ save me from forgetful slip-ups ♪ ♪ if my home just had a brain ♪ ♪ ♪ i could make a custom pin ♪ ♪ watch the dog walker get in ♪ ♪ so ziggy won't complain ♪ ♪ ♪ when my in-law comes a-knockin' ♪ ♪ i can open, maybe lock it ♪ ♪ if my home just had a brain ♪ it's a lot to be a caregiver and a daughter. because you kind of have to take a step back. getting some help would be a great relief. from companions to helpers to caregivers. find all the senior care you need at care.com
6:48 pm
is a bitcoin etf the same as owning bitcoin directly? from companions to helpers while bitcoin etfs might offer
6:49 pm
a familiar face, they lack the true ownership and flexibility of directly investing in bitcoin. with itrustcapital you can buy and sell real bitcoin 24/ 7 with the tax advantages of an ira. real bitcoin means no middleman, no restricted stock market hours. choose the path of direct bitcoin investment with itrustcapital because access equals opportunity. invest in bitcoin at itrustcapital.com today. it is time, the time of the lightning round.
6:50 pm
are you ready? we're going to start the round with jim in california. >> happy holidays to you and your family. quick shout out to jackson, we love watching mad money together. >> good to have you on the show, what's going on. >> my question for you is about a stock that i recently purchased. i'm currently down 11%, should i should, buy more or sell >> after the last quarter the stocks are being punished and will be continued to be punished until we get better news. so oracle does go lower in my opinion. >> let's go to beverly. >> this is beverly in south jersey. i want to get your opinion on gilliad sciences. >> gilliad sciences is a company that the stock has come back and that's terrific. but i don't think the business is worth as much as the stock
6:51 pm
is selling. i would take profits in that stock tomorrow morning. let's go to mike in pennsylvania, mike. >> jim, booya. >> booya. loved the interview with president-elect trump the other day. >> thank you, thank you very much. i appreciate that. how can i help you. >> this one is kind of like a flier i came across. i saw it on fast money. i tell you combination infrastructure ai bit coining mining bit coins and they just broke brand on a mega watt facility the coral reef to host core scientifics. core. >> if you think that today was a seminal market that the fed did something that is going to make people very nervous. this stock will go down for maybe a couple of days. it is very intriguing. remember it's losing money. losing money stocks will not do
6:52 pm
well in this newer environment. so let's be careful before we buy more of that stock. now let's go to gary in massachusetts. gary. >> yes, jim, listen uber is down 27%. definitely gm. >> it is discouraging. i find that uber. a lot of it is the chart looks like a terrible chart. people have decided these companies are going to get hurt by ride sharing. i don't believe that. i think that uber is attractive and it's come down a lot and i do like it. that ladies and gentlemen, is the conclusion of the lightning round. >> the lightning rounds sponsored by charles schwab. >> coming up thinking of speculating on specks stocks. don't make a move before hearing cramer's take, next.
6:53 pm
to go further, you need to be ready for what's down the road. as energy demand continues to rise, we're harnessing breakthrough innovations to increase production in the u.s. gulf of mexico. our latest deepwater development, anchor, produces previously inaccessible oil and natural gas, allowing us to deliver the energy we all need today so everyone can follow their own road.
6:54 pm
that's energy in progress. (♪♪) (♪♪) (♪♪) everyone has goals and dreams. and everyone deserves a way to get there. wherever you're going, getting there starts here. state street invest in your future with dia, the only etf that tracks the dow. (♪♪)
6:55 pm
6:56 pm
i never want to ignore or criticizing our viewer. especially a day before our members only event. but what exactly counts at speculation. like justice stewart talked about pornography, i know it when i see it. let's go over what we've been hearing. stocks they fall into three groups. commercial state engineering, and quantum computing. you can understand the exciting about all of these.
6:57 pm
the space business, nuclear power we have a critical shortage thanks to all these data centers are being build. microsoft will be able to recommission one of the rafters. these groups don't necessarily trade up with each other. they move independently. i don't correlate. but when things go bad like today they all get trashed. for space people, will be focusing on rocket lab usa. robert labs arrival of elon's space empire is losing money but it's generated $365 million in revenue over the last months. they expect to relaunch a multiuse rocket. it had 203 million in revenue over the last three months with 359% revenue growth. another real company. nucleares tough.
6:58 pm
it's a small part of over all pie. it's not speculative, but it's expensive. it has natural gas turbines. and muscale power has lost moneyover meager sales. no thank you. in the meantime, related services $10.9 million company but slow growing. not exciting after speculation. there's a controversial clo okay lo. this $2.2 billion company is chaired by sam aldwen from ai. big data center, but it's losing a lot of money. then there's centrus energy corp., not excited. how about energy fuels with the table, you, you, you, you, ticker. this company has one of the
6:59 pm
few commercial ran mines. and finally there's cameco very real company from canada. hras last you may have seen the quantum company. for years we've been told that computing is the better way of computing than we have right now. but the current quantum company. there's quantum computing, $3.5 billion business that went off today. it's a money hraotzer loser but that doesn't matter right now does it. losing money very e little revenue. next up we have a call on computing. $3.5 million company. making quantum chips but loses a hrol of money. upon a simple it's developing quantum computer software and hardware. losing a lot of money. talking about spinning it off.
7:00 pm
not enough to move the deal. there's the scoreboard. it's what you've been asking for. you can speculate away but realize that there's a lot to lose if they don't pan out and many of them won't. and stocks don't do well . a gr, they'll invest their own moneyr, or fight each other for a deal. this is "shark tank." ♪♪ i live with my husband, jason, and my two kids, wesley and clara. my husband and i are both doctors. i'm an ophthalmologist, and he's a cardiologist. i don't think some people realize what it actually takes for a woman to get ready in the morning. there's hair, makeup, and that's before you've woken up the kids to get them ready. we're gonna be late. my product is unique, and it solves a near-universal problem for women.

0 Views

info Stream Only

Uploaded by TV Archive on