tv Mad Money CNBC December 20, 2024 6:00pm-7:00pm EST
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is starting to grow again. >> karen >> yes, i like the oih which is down for in year but it is -- some of the underlying stocks have made a lot of cash so it is gotten even cheaper. >> steve >> tyler, go luc btc, >> that was a quick retire. >> "mad money" starts right now. my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm trying to make you a little money my job isn't just to make you money. i put stuff in context we used to call days like today exquisite moments. those are moments where the
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bears overreach and they get ahead of themselves because they don't know when to quit. we had one this very morning i want to teach you how to spot them so you can pounce the next time this happens. these moments yield big gains. the market will be incredibly weak and then, kaboom, the averages are reversed. this exquisite moment has come and gone but there will be others you need to know when the next one could be coming. these moments always start with a market that's deeply over sold to spot that i used the s&p oscillator by a company called market edge. this is a unique tool that shows when there's too much buying or selling pressure the oscillator starts at zero, neutral zone as it goes higher we begin to get nervous that the market's being over bought. when the oscillator gets to plus 5, i want to buy something for the travel trust, i don't.
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i walk away. plus 5 you are over reaching and the odds are no longer in your favor so you probably won't get a good cost basis and you could start a position in the hole >> the house of pain. >> when the oscillator goes negative, it's the same story but in reverse once it touches minus 5 you need to hold your nose and start buying. >> buy, buy, buy, buy, buy. >> no matter how bad it looks. minus 5 means it's over sold and we're due for a bullish bounce when the oscillator goes below 8, the only thing to do is buy hand over fist at that point the selling ship has sailed. >> sell, sell, sell. >> the odds are against you if you sell it to an extremely over sold market. you might be selling right at the bottom i asked the good people at market edge to run me the data how you would have done it if you buy at minus 8
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if you buy the s&p 500 after the oscillator hits minus 8, you would have averaged a 2.88 gain within the next 30 days. over a 10-year period. it's even better 60 days out the average gain was 8.93% and the median is over 9%. those are some huge moves. how about your odds? 30 days after the oscillator hits minus 8, the market was up 70%. 60 days the market was up 80% of the time that's an extraordinarily reliable pattern, people nothing in the market is a sure thing but the frequency means the odds are heavily in your favor if you buy in an over sold market this time we anticipated the oscillator which gets reported ott the close. we put a lot of our reserves to work right into the weakness. >> buy, buy, buy. >> it's why i keep emphasizing the club because it's an
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excellent compliment to this show if you were watching the oscillator, you knew we were dpur a day like this one when you have a big decline followed by an up opening and another big decline on day two, totally disheartening, right makes you want to cry. and then on day three the market also opens down, down big and that's when you have to have your shopping list ready this was day three and that's what today's market was all about. the now you can use this method of buying to your own advantage even with individual stocks. let me give you a textbook example of a stock you know, nvidia it got hammered down to 128 amount change on wednesday it opened strongly on thursday at 131 it reached about 134 and looked terrific there was no positive. it looked terrific we were hearing the company was losing market share even though they're partners and they don't directly compete you know i like nvidia i had to tell people to stay
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away from that spike, never buy a spike, no matter what. next thing, the stock is down and gives up the gains finished back down at 130 and change oh, but today, today with a down opening we had a very different story. when nvidia opened deep in the red, that was your sign that it was time to -- >> buy, buy, buy. >> that's the action we're looking for. sure enough, it ran like a rabbit exquisite. next up, the lack of a budget agreement in congress. wall street never likes it when we seem to be headed towards a government shutdown. people forget no government shutdown has ever caused a market to stay down. sure there's always a chance this moment could be different elon musk was involved he's not elected not accountable to anyone. when every government shutdown produces a buying opportunity, you don't want to go against it. i think it's entirely possible
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because he event is so telegraphed all is selling ahead of time. by the time the fed started running out of money, that's baked into the market and you have to buy. next up, you look at the proximate cause of the selloff, the fed's hawkish rate cut on wednesday, that's what we all need, you need to recognize the fed can have subtle do overs make us understand there's no chaos out there. sure enough we got them in spades today, like clockwork then you need to see the bears overraising in some frighteningly moronic way that demonstrates the overconfidence. a key stock influence palantir, apple, nvidia. they were going down hard and being shorted by people who believed they were shooting fish
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in a barrel. i love when the bears overreach like that. the they put their necks right into the noose finally you need some data point about -- to say everybody cares about the p and s. when they're overbought, it needs to be picture perfect or the market will roll over. when we're over sold, it's the opposite a bad number doesn't do anything a good number causes a short squeeze. nd that's what happened this morning when the personal consumption expenditure consumption showed a slowdown on inflation. just 2.4% when .5% was there that was an easy call to buy the dow. the bottom line, that was everything you need. just enough overconfidence and positive data point because, again, the downturn and most importantly the oscillator that measures extreme volatility.
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it was an exquisite moment this morning. when they do, you don't have any choice but to pounce let's start with ed in it texas. ed. >> gunther city texas, jim >> what's going on >> caller: boeing. i've been riding it all the way down and i'm wondering if you've noticed in the last ten days or two weeks it's starting to move in against a down market and i'm hoping you'll tell me it might be one of the big sur prices for next year. >> i think if kelly or tberg can execute, you will be right why have we not bought it for the travel trust i think it's a tough stock i do think it's bottomed and he might do a good job. i'll tell you how i know if he comes on "mad money," i will know. let's go to bob in new york.
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bob. >> caller: hi, jim how are you? >> i'm glad you're watching. >> caller: my question is i'm a long time holder of cisco systems. what's your take >> i think it's a buy. chuck robbins has the ship righted. i think there's lots of orders this is an excellent moment to own the stock of cisco systems how about brandon in california. brandon. >> caller: boo-yah, jim. >> how are you doing nice i'm doing well, how are you? >> caller: merry christmas for you. dava, what are we doing? cava. >> cava is a winner. i think the way i would approach it, if you want to get back into it, it's coming back down. up 176%. i would wait until january, let it come in a little, buy some stock, let it come in again. that's how i would approach it extremely volatile stock bob in new york.
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bob. >> caller: hey, jim. how are you doing today? ell. how about you, bob what's going on? >> caller: jim, over the last couple of weeks, my family, my friends, we've all been doing our christmas shopping, virtually all of it at kohl's. the stores are crowded, parking lots are jammed. quite frankly, if kohl's starts closing stores it would be extremely disappointing for the community. what does kohl's have to do to stay viable? >> all right this is a very good question a good report. i saw the retirement of a terrific executive i think kohl's viability is a question in itself because it's brick and mortar and i don't know exactly what is the raise on debt of kohl's. tough verdict. got to call it like it is. exquisite moments like this don't happen very often but when you get the negativity like we had this morning, you have no choice but to jump in and buy.
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on "mad money" shares of adco dipped what could cause the stock to jump ahead what should you make of cvs health i'm digging into the decline and giving you my take after another investing club monthly meeting, i wanted to answer more questions from our amazing members so stay with cramer >> announcer: don't miss a second of "mad money." follow on x. have a question? tweet cramer #madmentions send him an email or give us a call miss something head to madmoney.cnbc.com. 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
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what's happening in the agricultural space last month we had a tough quarter from agco. the maker of big ticket farm equipment. the forecast came up a tad short but crop prices aren't in good shape. when farmers make less money they buy less machinery. as a result, agco stock dropped 3% still down 20% over the next year could this be a good entry point? let's check in with the chairman, president and ceo of agco welcome back to "mad money." >> happy holidays, jim. >> same to you, eric i've got to tell you, there's been times when the farmer did badly and agco did orse. i think you changed that i think you can now kind of outrun the cycle because of changes that you've made and i want you to tell people how this is no longer -- you're not hostage. >> right this is a fundamentally different company.
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at the trough 12 perfection percent marge beginnings, at the peak, 8. when i first came in we said we would be 10% we hit that. then we raised it to 12% on track to hit that yesterday we announced we're going to be more like 14 to 15%. excited about the structural change >> your technology, getting new equipment if you want to be more productive it's so self-evident that it's not the agco i've always liked it. >> yes. >> don't want to disparage, but this is a different agco. >> absolutely. we closed on the biggest ag tech deal this april to accelerate our journey on tech. the cycle of the whole industry
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is down. '25 is going to be the bottom. when this market starts taking off, which it will, this company is ready to run. >> i've always heard gem, gem, gem when associated with fed i've never seen the money put behind it. >> yes, fent is one of our biggest growth drivers we have a full line equipment business that we're taking global especially in north and south america. the customers that get to appreciate the fendt experience won't go back. >> tell people what they do. >> that's our premium brand that sits at the very top of the market the best of the best tractor, combine, planter, sprayer. best in terk chnology. best in support. best of the best for the most demanding farmer this fendt experience is something that once farmers taste it, they won't go back. >> south america, i look at some
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of the countries that they'll have a terrible weather position and then that does really severely impact your sales >> weather is something the farmers can't control but they know that. they have years where things go their way and sometimes they don't. they know how to mank that they keep an equity position in their business that happens everywhere in the world. farmers understand that. >> here's where i'm going. yesterday i had the president and ceo of conagra brands on he said inflation is intractable because of eggs and animal protein. i hear that. why can't they produce more and take advantage of the higher prices. >> poultry is going to respond faster that's what he said. beef takes longer. the herd was reduced quite a bit. now it's being built back. it takes two or three years for that cattle to mature to a point where it's beef ready. >> what is precision ag doing for someone who wants to take advantage of the need to have
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more animal feed what can they do that they couldn't do before >> essentially our precision ag is to help the farmer grow more yield, have more bushels per acre and manage their inputs more effectively a couple of the exciting one, selling an utonomous kit put it on a tractor and it allows you to pull the operator out of the seat. no person in the tractor the combine that is harvesting, as it fills up and gets full, it summons the tractor. the tractor drives alongside the combine, no operator, locks in with the combine the combine unloads the grain. in fact, you're seeing it -- this is a forge but the one before that was grain. it unloads the grain when it's empty, the tractor drives off no operator in it at all they all help with labor we have an ai system on our sprayers where the cameras can tell the difference between the weed the size of a dime versus a
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corn plant or soy bean and only spray the weeds instead of the cornfield. saves on inputs. those help make the farmer more productive. >> how old is the oldest tractor in the world you can take care of them. at a certain point don't they have to say i can't get the yield unless i go to agco? >> this is important agco thinks about retrofitting a typical tractor lasts 10 to 15 years but e technology grows faster than that essentially we'll sell a module on to an existing planter or sprayer and it doesn't matter which brand. we serve all farmers of all brands it could be our competitor number one or competitor number two, could be 5 years old, 10 years old, we'll upgrade that directly for the farmer to have
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new capability. >> look, i've got to tell you, i just feel for you because the farm jers, they've got -- you know, the weather, bad, but you know what does matter though if they want to get more out of their field, which is a substantive thing, they can go to agco. when '25 comes around you have to be -- there have been some runs in agco that are staggering >> yes yes. >> these will be a little smoother which means it's not going to be as tough i want to thank you, chairman and president, ceo of agco "mad money" back after the break. >> announcer: coming up, what's ailing cvs health? cramer's sharing his diagnosis on the slew of issues facing the health care name and writing up his prescription for profits next
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things went from bad to worse for cvs health this week and i don't see how they can turn it around it's been problem after problem for these guys first, it's been hit hard by random theft and now they lock up a lot of their merchandise making the shopping experience suboptimal hence why they keep losing market share to amazon.
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cvs has tried to turn things around by closing the worst stores, owning health clinics and opening up aetna they now have more than 900 mini clinics and 200 oak street health clinics strange moves given that walgreens has been scaling down clinic visits and walmart decided to get out of the clinic game entirely. they can't find the workers so they can't get the people they need if walmart can't make a go of it, how can cvs get a good return second problem, cvs appointed aetna to make them one of the largest. it's been struggling for a year and a half now aetna has to pay for the procedures at the same time they dropped the ball for management benefits plans. it's come back to bite them as people use more health care services
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the government is getting stingier with these reimbursements unfortunately it's caused the ceo her job. they booted brian cain and lynch said she'd personally oversee the insurance business she never got a chance to turn around aetna or the rest of the business she was fired abruptly in mid october and replaced by david joiner yeah, this stock's been a disaster all year. after trading sideways for much of the summer and fall everything fell apart this month. feels like investors are giving up entirely. the stock is down 25% for december some of it is because they have been doing poorly. the shooter did something horrible, you can't just shoot people because you don't like the business model
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it's generated a lot of negative headlines for the industry, that includes cvs then this week the entire farmly benefits manager took it on the chin when president-elect trump talked about cutting the middleman out of the health care industry to bring down costs while trump didn't say who he was talking about there, investors went ahead and assumed he was talking about the pbm they are in both of these businesses and it fell 5 points on monday and then on wednesday night the justice department filed a lawsuit against the company alleging that, i'm going to quote here, cvs knowingly dispensed controlled substances in violation of the controlled substance bes act, end quote for background, two years ago cvs was one of several pharma companies that agreed to a settlement over the opioid epidemic they agreed to pay up to 4.9
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billion over ten years which sounds like a lot but considering the present value of money isn't as much of a hit as it seems at the time we figured this put the opioid-related litigation to rest that was it, right the 2022 settlement did not involve the federal government which is who came after cvs this week, the justice department i like to read the complaints when you see big justice cases against the company i cover. i took a gander at the 97 page complaint against cvs. i've got to tell you frightfully damning. justice department has detailed information about individual patients who died over drug overdoses. it is hard to imagine how any legitimate pharmacist would give anyone such high doses in in such a short period of time. the detail is excruciating and is horrendous.
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that's the eye catching part of the complaint as are some of the individual examples of cvs filling prescriptions from doctor's offices known to be pill mills doctors with a medical license then the justice department alleges, quoting, cvs prioritized profits over safety in dispensing controlled substances cvs knew that its pharmacists lacked the final to comply with the professional practice obligations including the exercise of corresponding responsibility cvs also knew that its staffing policies and compensation and performance metrics emphasized speed over safety and, quote, justice goes on to say, as a result of these policies and practices, cvs caused the pharmacists to knowingly dispense pursuant to invalid and dangerous practices. these problems persist i have to tell you, this is not good something i think cvs will have a hard time to combat going to
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trial. stock was down yesterday 3.3%. assuming the trump administration's justice department goes after them, then we're probably looking at another multi-billion dollar settlement for cvs or maybe there is no settlement maybe justice is willing to go for blood here the arguments are so powerful. now after reading the complaint, and i read it twice because i thought it was so bad. i couldn't believe it. i felt the need to take a fresh look at cvs's balance sheet and i did not like what i saw. company has $59 billion in debt. debt 17 billion. both of which would be fine if cvs was putting up good numbers. 20 billion before interest, appreciation, amortization in 2023 this year cvs seems on tap to have a 25% decline in ebitda
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suddenly the company has a lot less breathing room, which is a big reason why the stock is for sale imagine they have to come up with a few billion dollars to settle an opioid case? maybe the feds would stretch it out, again i'd love to be more constructive the retail stores like to be challenged in the business, that seems to be in the cross hairs of the trump administration who knows if trump follows through. he's had similar dustups but do you want to stick around to find out if that's what's going to happen here? that was all true before this incredible justice department opioid lawsuit here's the bottom line cvs health has a cascading set of problems.
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while i'm ing for them, i definitely would not invest in it let's go to joe in new york. joe. >> caller: mr. cramer, how are you? >> everything is fantastic thank you for asking. >> caller: christmas shopping. okay i owned merck for many years i just recently added to my position it's a great widow and/or fan stock, i love it, but it keeps going lower but they got ketruda, the cancer drug i'm thinking i should add more to my position. >> joe, you should you should this is part of a sector move, okay there is nothing wrong with merck. if anything, i think rob davis is doing a remarkable job. i find this one cheaper than j&j, cheaper than pfizer i think it should be bought. they have good growth. i think you're really on to something and i hope you have a good holiday let's go to larry in illinois.
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larry. >> caller: jim, thanks for taking my call >> sure. >> caller: at the introduction of the highly effective glp1 weight loss medications that are now becoming more widely prescribed, folks are getting healthy, losing a significant amount of weight but they're also losing muscle mass. i can see a much larger market for protein shakes in the years ahead as more people take advantage of these medications i wanted to ask your thoughts on bellereng brands. >> we did a nice profile, larry. it's been a real horse since we did the download on it i would like to see it come off a little bit it sells at 34 times earnings. yes, we think the company is great. cvs health has its work cut out to turn things around and given
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all the problems it's currently facing, i can't advise you to inve in this turn around much more "mad money" ahead, including a look inside the investing club and later i'm addressing the training activity in this tape and all your calls rapid fire in tonight's edition of the lightning round so stay with cramer
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great job, everybody! 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. 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. yesterday we held our investing club monthly meeting once a month we get together to walk club members through our thought process of how we make decisions for the portfolio. we discuss our current holdings and take questions
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we didn't have enough time yesterday to go through all of them i'm going to give you an inside look at what we do for the club tonight. so the first question is, mark in the u.s. who says, hi, jim, i love the club. thank you so much for educating me apple is my biggest holding consistent with the club and it's been doing great lately i'm concerned it may be too large and weighty in my portfolio. how do you determine when to trim a holding typically these are cross. we like no more than 5% in a particular stock own don't trade apple. the result is that we're at cross purposes so it's a little bit more than an art and a science. we like apple to go and continue if you are even the least bit concerned, the least bit concerned, then you sell it down take it down to 5% we do not want any investor to be concerned about the size of a stock. that shows you that they can't live with it got to be changed. next up, dan in colorado asked
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me, jim, 2024 has been a good year for the market and portfolio. knowing hogs get slaughtered, what advice would you have for trimming thanks all you and your team do for us thank you so much for thanking the team it means a lot to me this is a really difficult problem because i go through this with jeff and i said we were way too beady we had a real huge gain in broadcom got to take om some off. if you are in the situations and up huge on where you bought it, you take something off because we do not want to be pigs. that's why we took off some broadcom and let's hear from kim in arizona the hi, jim and jeff eli lilly. thanks for all that you and your team does for us the answer is right now. lilly today in the morning market before it opened was up
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80 points. by the end of the day, why was it up? novo nor did had a competitive new drug that was not able to look at the new standards. that left her best of class. this shouldn't have been a 10, it should have been a minimum of 30, maybe as much as 50. i have to tell you, i think lilly, this is where you buy steven in texas wrote with the incoming administration and geopolitical risks, is it still feasible for oil to approach more than $100 a barrel? >> i'm never going to say it's inconceivable. president trump says that's it, you'll have a big spike. or something happens to russian production i don't think it will happen i have to tell you today i wanted to buy more coterra
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because it went to 3.50. jeff pointed out it's just a hedge. if you felt like you make a lot of money, buy chevron. i don't expect that to happen. next, a question from joe in minnesota. i established a small position in palo alto we awed to crowd strike. it fell precipitously over 10% over a period of a week with nothing going on whatsoever. therefore, it was a disparity with the fundamentals. the one to buy right now at this moment is crowd strike starting to bounce back we had the ceo visit 130 dmps 100 days in order to be able to become, what did he call it? the apology tour i really like that one better. now heading to paul in the u.s., he's wondering is at&t a buy planning to return money to
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shareholders who share buybacks and dividend increases while i don't want to own at&t, your description is very true. why do i want to own it? if i remember want anything in that space, i want to buy growth and mike is doing a perfect rifk job. it's been incredible a horse. i'd rather forego that dinner which can't be as important it is dell did not have a good quarter. i think dell's second half will be much better i do not think that much of its first half if you have the patience to be able to own the stock, i don't think there's a lot of down side and i think there's an up side we own things in the portfolio
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i still like nvidia at 134 more than i like dell just saying. steven richard in the u.s. writes, i currently have a substantially large position in netflix, nfl heading in my account. >> those options are not good enough for me because i would add a buy. you have "squid games 2," nfl game christmas day you have management being vastly superior you have an add team that will be in the coiffeurs. and "mad money" is back after the break. >> announcer: coming up, cramer takes your calls and the sky's the limit. it's a fast-fired lightning round next
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>> announcer: lightning round is sponsored by charles schwab. trade brilliantly. it is time it's time for the lightning round. sell sell sell, buy buy buy. and then the lightning round is over are you ready, skee-daddy. john in michigan john >> caller: hey, jim. i love the show. >> thank you. >> caller: just wanted to know if i could get a twofer. i'd like to know what your thoughts were on exporting lng and shaneer energy. >> i like the lng market now that we have president-elect trump coming in because he's pro
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lng. it's up 22%. you can do well. let's go to frank in new york. frank. >> caller: jimmy, how are you after the tumultuous week. what a week. i'm looking at a stock that i think is in the sweet spot what do you think of rista networks >> she is an incredible ceo and that business is hot i would be a buyer of arista. >> stafford in california. stafford >> caller: hey, jim. happy holidays >> same to you. >> caller: i wanted to get your thoughts on texas specific land corps. >> this stock has been a horse it's royalties off of oil. i have to tell you i'm going to hold off tim in idaho tim. >> caller: boo-yah from beautiful boise, idaho >> must be great there >> caller: it is beautiful hey, jim, under armour kevin plank's back
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looks like they have a turn around going on. >> here's the way i look at it it's a great spec. we have to have a couple of good quarters nike's coming back with a vengeance but it is a spec but a good one marvin in california. >> caller: special boo-yah from southern california. i wanted to thank you and your very hard-working staff for doing such a great job and making the sacrifice it takes every day. >> we do have unbelievable staff. thank you so much. >> caller: thank you so last week i rang the register on some high flyers and i was able to pay off my student loans early. i want to thank you for that >> oh, you're quite welcome. >> caller: so my stock has a very low price to earnings
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ratio. should i buy, sell or hold wells fargo? >> i like wells fargo right here i think it's going to be a fantastic year in 2025 i would be a buyer of wells fargo. let's go to curt in nevada >> caller: curt from vegas long-time viewer, first-time caller i have a quick question. i bought carvana the $11 a share. >> you're up take up 22 bucks double and be let the rest run and i will feel terrific i won't have to worry about you. let's go to alex in exas alex. >> caller: jim cramer, how are you doing? >> i'm doing well. how are you? >> caller: i hope the eagles win. >> we need to beat the commanders he won't stop irritating me about how great the commanders are. enough already let's put them in their place.
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how can i help >> i've been holding the stock for a very long time , and i wan to know your thoughts on csx corporation. >> i'm going to give you a twofer i think union pacific is great here these are all worried about tariffs. you have to buy them when they're low. terry in florida terry. >> caller: hi, jim wanted to ask you about a stock that you recommended in july of '23 and i bought it at 206 and last month it reached an all-time high of 377 i believe it was and while doing that i should -- it's been down ever since for the past month it's eaton >> no, you want to hold with eaton. they're a buy and hold story they'll revolutionize that
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portfolio. they are pure winners at eaton do not sell. that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by charles schwab. coming up, have some traders on the street turned investing into gambling? cramer's revealing why he's calling for an end to the short-term day trades next
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at one time i was known as reverend jim bob and the late great mark haines former anchor of "squawk box" and i was deeply involved in day trading. i was a professional with huge amounts of resources and full-time research staff that was 24 years ago. since retired i've gone away from day trading and now we buy which is my twist from buy and hold because things can change i've created my travel trust which you can follow by joining the cnbc investing club. unless you're professional, i am dead set against day trading zero dte options these are options that expire the same day
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they're no different from gambling on any time touchdowns on draft kings except draft kings offers safer trading with better warnings. let me say after the outset that i want to call for an end to this nonsense. we must police ourselves there's no reason for these things to exist other than trying to get people hooked on the fentanyl of wall street. there's no reason to push people into zero day options other than pure greed the industry is encouraging bad behavior after reading this, people creating these should be embarrassed for doing so they should read this story and repent i know what people are gambling on and so do you they're day trading uranium and commercial space, quantum computing, future mobility stocks i don't know who dreams up these stocks but we all can see the volume we know they're mostly day traiting vehicles. can we make a value judgment my value judgment is that those who have a huge stake in
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promoting options at brokerage houses, they need to be held accountable. we need to help those who are getting addicted and we need to stop those who might become addicted after all, the markets were created for investing, not day trading. there's a big difference between making an investment or pure gambling we ought to merge these. draft kings has plenty of warnings and provide resources for those who might have a problem and offer tools like deposit and wage limits. i like that. much more honest than our industry we have to help the people by making it more difficult and slapping a warning label on the crack cocaine, even if we can't get rid of it. i wish we could. after reading the article today i think this is pretty urgent. wall street is hurting people, real people. they aren't doing it just by themselves the people push these products
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need the money that badly, shame on you, if you do. shame on you the answer is, if you need that money, go set up a casino, darn it at least then nobody will have any illusions with what they're doing with their money i like to say there's a bull market somewhere i like to try to help you find it i'm jim cramer see you next time. they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ narrator: first into the tank is an innovative new technology to enhance the flavor of a favorite beverage. ♪♪ hi, sharks. i'm phil petracca. and i'm david mcdonald. we are the founders of fizzics from newark, new jersey. we're seeking a $500,000 investment
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