tv Mad Money CNBC January 2, 2025 6:00pm-7:00pm EST
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watching their husband/dad irl. >> irl. >> it's in real life. >> in real life. >> and it's great, starting the year with you. >> great to be with you. >> bristol myers, you big stud. >> thank you for watching "fast mone" erody,evyby. guy, thank you ♪ my mission is simple. to make you money. i'm here to level the playing field for all investors. there is always a bulwark somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. i am trying to make you some money. my job is to not just entertain, teach you about all the crazy stuff that happens here. call me. tweet me @jimcramer. have you notice the extreme
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negativity seeping in already? closed down, finishing down 152. nasdaq losing 0.6%. i heard, we have been up two straight years, due for a pull back. these are perilous times like the 1930s, high tariffs, world trade coming, ten-year treasury inflationary, overextended stocks. sure, i get it. being a bear is easy in this business. if stocks go up no one will remember your negative prognostication. you will become the big get every time the market goes down big because you have street cred and you see that bear go -- you know, i love that thing. you know me. sure, the day was disappointing like last week. i want to tell you what can go right. ten things that might cut in favor of the bulls.
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all right. no trampling the bears here. just some things let's say they make me want to be more positive than the others. i need to tell you what can go right because nobody else is. i like being alone. some of the best moments of my vacation just ended -- were being alone. biden's antitrust regulators, the ftc and justice department will be fabulous for the market. she despised every deal. no matter how great to might have been for the economy or you or the average worker. she is in the end way over her head. her swan song, a case point that raises the price of alcohol for everyone if she wins. a real asset to president biden. with him out of the way, deals will help rationalize smaller companies, banking, retail,
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pharma, compete against the big dogs. fantastic for the stock market. just fantastic. you know, we have had developing shortage of equities. we are not getting big ipos yet. if we do, i am confident it will still have a shrinking share cap. you remember the stock market is a market and like any other market when there is not enough supply, you get higher prices. third, what happens if trump's tariffs turn out to be negotiable? a smart non-program won't be good for world trade. if you own stocks and want them higher you hope for negotiable tariffs that cause lower prices to us or make multinational companies move their manufacturing base here to a more friendly country. consolation brands, it would not force modelo or corona to be
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made in toledo, ohio. fourth, we are seeing what happens when there is overbuilding as is the case in florida. once prices come down, buyers start staying away hoping for lower prices. it usually works, causing sellers to panic, can cutting prices themselves. it's called the cycle. although it has been operating normal the last few years, i think 2025 will reassert itself and the fed will win big on this one. big enough to cut rates slowly but cut nonetheless. that's why the home building stocks keep coming down. way too early to bottom fish there. fifth, hope that bobby kentucky jr. goes after foods bad for you. the makers of the glp-1 drugs have good data. even cancer if they are going to get kennedy on the other side. otherwise he will say no to mow
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overturn owe. yes, to diet and exercise. i think it turns out that family hit bottom ahead of the appointment taking affect. sixth. come on. i have been on vacation. 20 years of this. sixth potential positive. we see real a.i. wins, not just small expense cuts. maybe some true data how to stop cancer, devices that kill diseases. well, we will have modelled every major attempt to fix the body and how every protein reacts. seven, a.i. gives us robots that are programmed so well that do the work of five people. robots replace people in restaurants, retail, home building, transportation, they will be unloading the trucks, medicine, insurance, credit card call centers. sounds harsh. trump won on a hard deportation policy.
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you will have massive wage inflation or widespread automation. i prefer the latter. eight, president-elect trump declares the highway system a self-driving zone and allows tesla to become the national self-driving car. big win for elon musk. the federal government endorses starlink for the country and musk combination satellite phone and internet services cost $60 a month. win for musk. starlink is amazing. very tough competitive. tenth, stocks trade in the millions. way too many think it's outrageous over a $1 trillion, meta, alphabet, microsoft, tesla. the usual suspects. these stocks could have a big surge if we keep getting more money going into index funds that's what happens propel these, not just the businesses themselves, even as the businesses are phenomenal and deserve the premium. there you have it. ten potential positives. i could have run a whole segment.
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1933, i could have suggested mass deportations drive up wages to the point the fed raises rates, rah! come on. anyway, i know i could have said apple, nvidia will miss numbers, go back, or maybe tell you that -- cut in half and bitcoin goes down to $50,000. but the problem is here is the bottom line. i don't believe those negatives will happen. so if you excuse me, i don't want to offer cassandra. im let everyone do that job. they are much better at being pessimistic than i am. james in new jersey. james. >> caller: hey, jim, happy new year to you and the team over there. >> thank you, james. the group is so good here. every bit as good in 2025 as 2024. that is saying something.
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>> caller: i bought a stock a couple years ago planning to hold it many, many years. problem is, it's run up so much on me, it's now 20% of the portfolio. should i stick to the plan and hold or do i need to trim some meta right here? >> how much of it? 20%? okay. let's say you have ten stocks. i am okay with 20%. i think that that's -- i think meta is an up stock, going higher. i am not going to tell you to sell. if it gets up to 30, 25, 30, cut back. i think meta's okay four you. for the travel trust i wouldn't let anything above 5%. i think that meta's going higher. chris in massachusetts. chris. >> caller: hey, jim. how you doing? love your show. >> thank you. >> caller: big fan. happy new year, my friend. >> right back at you. thank you. >> caller: let's talk draftkings. i have been holding on since 2020. it seems they can't get out of
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their own way, jim. a lot of headwinds with this stock, right? lawsuits. no insider sales, no purchases in 2024. state tax increases. i mean, california, texas coming onboard? >> they need california and texas. you said it. right now it's kind of like a 14 parlay and you get the three right but never get the fourth. what can i say? that's how it feels. they need those two states and then you will be okay. keith in florida. keith. >> caller: booyah, jim. wallstreetbets, what's your opinion on robinhood this year? >> need to be more diversified. their client base is in crypto and options. they need to do more. they are lapping all the other brokers. they understand what young people want and other guys are run -- other companies are run by guys like me, too old to understand. i am young at heart.
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i think robinhood is fabulous and the others should have figured that out and they haven't. kind of embarrassing. i could be a negative nelly or nancy. but i need to tell you what i think ask actually go right because nobody else is doing it. tonight ringing in the new year by breaking down the biggest winners and losers starting with the nasdaq 100 and wooejs and estee lauder, can they craft a comeback? stocks that led and lagged the path. and dividend stocks that could buff up your portfolio in an uncertain market, so stay with cramer. don't miss a second of "mad money." follow @jimcramer on x. have a question, tweet cramer #mad mentions. send jim an email to "mad money" @cbs nbc or call us at
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♪ we don't have many years like 2024 where everything seemed so obvious. and obvious winners actually hit the jackpot. but that's what happened last year. if you tried to get clever, you missed out on some truly idiot proof winners. losers, on the other hand, were not as easy to spot. many cases, they were the market's former winners even if they long ago lost their way. like every new year on "mad money," we probe what went right and wrong the preaches year. in the nasdaq 100 and then the s&p 500 slightly below its high-tech comrade. a bullpen that feels like an old
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time sitcom, we curse at certain stocks for how overly loved they are. knowing that one day there will be a better mousetrap and you wish you would have gotten off the spaceship earlier. best performer in the nasdaq, of course they use a.i. and advanced algorithms to target advertising. they do a great job. of course, there is none better until somebody else comes along with something cheaper, stronger, powerful, and app lovable. 8% of the company shares are short. people know that competition is inevitable. google could dominate if they weren't worried about the trust division, although those goons will soon be broomed. 2025 will be here when venture capitalists start funding apple loving alternatives. try telling that to the true believers who sent it up 713%
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last year. another 5.5% today. which frankly i find ridiculous. enough app loving already. as for the second best performer, i don't know why this microstrategy is allowed to exist. we have a company that's making a leverage bet on bitcoin. that's what it is. it's an investment company. software company, nobody cares to hear crypto regulation whatsoever especially now that we are about to have a crypto friendly president. it advanced 359% last year and will probably go up again. i like bitcoin, i own bitcoin, because i can't own stocks. if you can own stocks and believe in bitcoin, feel free to buy microstrategys, bitcoin on steroids. most obvious winner for 2024, pal auto tier. the defense software company trying to revel uslutionize the way the pentagon works. the ceo is a brilliant bad boy smashmouth philly guy like a version of elon musk who
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probably threw know ball at santa claus from the lower level of the linc. another breakout year because the doge unit will work with these guys. they are part of the same circle. they understand the procurement process. they will win a lot of business in 2025. palantir, yes. next up a fun game of tom and lori's on new year's eve. another person at our dinner table, people had to guess who it is. i was not alone. i was alone when it came to the bubble out of my mouth that said, yes nvidia. the stock up 1711% last year, up 4.3% today. for a chunk of the year there was worry about a late product and client who wanted to design its own chips because nvidia's cost too much. believe me, if i thought anyone could touch nvidia's products and platforms i would be happy to say sell it and book the game.
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but i can't justify that. this company is the biggest thing working against this stop is trades. any other company i would say a ban in the stock. nvidia's too good and the ceo runs harder than anyone i ever met. i expect great things next monday. read my wcbs bulletin about my latest move. finally, axe on, the body cam service model for the criminal justice system. i wish i had specifics, but now overseas. maybe there aren't enough analogues. i feel like they don't get the attention it deserves from the analyst. i would like to see the tazr and stock up 130% last year. needs to keep split to keep rolling. that's a good collection of winners. the nasdaq 100 losers aren't so horrible as the declines make you think but they got clobbered
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because they were emblem attic of golden calves. kind of like the false idol edward g. robinson in ten commandments. david faber does a great imitation. something critical. intel and the financial situation. intel is a national treasure. it nt ka be allowed to file. too dire? i don't think so. the product line isn't good enough. sure, nice guy messianic former ceo is gone. but so what. intel needs a plan. 30 days or the stock keeps coming down after last year's staggering 60% decline. intel is too big to be finessed. it's a -- the risk is existential. second, down 43%, still one more company that helps you develop applications, blah, blah, blah blah, blah, blah blah.
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2024 we turned on enterprise software. there are too many companies doing the same thing. if you have slowness, you are a dead man walking. it's a pretty good company. 72 times earnings? no thank you. hope springs eternal. third, biogen running on fumes for the alzheimer's drug. a good ms drug in a crowded field not enough. not with the unmet projections. the stock 41% decline. it feels burned out here. fourth, for years dexcom used to be a steady client for the show, this stock's been hurt. i think a lot because of abbott's blood sugar monitoring device may be better. it's twice as expensive over a year. not necessarily better, more cost effective. by the way, a big reason why we own abbott for the travel triple lutz. that's cheap given how great the company is. dexcom let's say gave you in
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line forecast and 2% decline in u.s. sales. the numbers from the second half of 2024 shocked people. docks come doesn't miss. some sort of sales reorganization? didn't cut it. the stock finished the year down 37%. i am mystified what happened here. finally, there is microchip. if you wouldn't exhibit a why the fed needs to keep cutting interest rates, they have the misfortune to make chips for the auto industry, terrible first half without help from the fed. the autos seem to be in trouble, rates don't come down, stay away from that group. obvious advances and declines all the way. see what i mean? bottom line, let's hope 2025 is just as straightforward and hits another home run as strategic bitcoin reserve drives up microstrategy and nvidia delivers on chips, but app loving gets some long-awaited app hating because i can't bring myself to root for that last one. "mad money" is back after the break. coming up, cramer's diving
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especially without pelletier, nvidia and a dp ion. let's start with the second best, vistra, up 258%. second largest nuclear play thanks to an acquisition. we have a shortage of clean power in america and we need more of it to support the big data center build-out. i am starting to think this move is absurd. it's like a stock created for the moment. i come back and say its doppelganger are utilities with no ability to scale at the level of the stocks kate. it could help them add more nukes if all goes well. don't be greedy. once people realize it doesn't have the ability to grow fast enough to back up this move, it could go higher, but it's giving me a nosebleed.
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number four, it's united airlines. for the first time i have seen the trade war in an investment. that's what they is. the stock is up 135% once they removed capacity. they cult cut pack 3%. i can't believe it. the problem with boeing the production there kept some airlines from being -- they were -- they could get -- the plays they needed plus the money short on time thesis that burst post-covid never quit. actually power higher, might be a good buy. it's rolling over because we excluded the top five we cover them this the nasdaq, three more from the s&p. number six, texas pacific land -- corp., a strange series of tracks from a bankrupt -- vast quantities of oil and gas permian basin that we covered and i am proud we nailed. this stock finished up 111%.
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at one point it was much, much higher. i think the oil trade will be hurt by excess drilling, something that seems to happen when we get a fossil fuel friendly president. i like cotariff as natural gas and oil. number seven was obvious h broadcom. up 108%. we had the ceo on and he laid out a vision where the company will be making a killing from the data center. it's rare you have a -- come on the show telling you exactly what will happen and then that executive delivers 100%. he is greeted with disbelief, surprise, move higher? he said it all. not too late to get onboard. we have a slug for the travel trust. i talk about it all the time in our investing club morning meeting. target resources up 105%. maybe the key to keeping the permian growing. gas needs to be taken away.
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can't be flared. target has the pipes and the ability to fraction ate natural gas liquids. it was believed to be a big loser when president biden announced that pause in lng construction. that pause is over and -- well, i think it will be lifted immediately and that will lift target more. i think that cheniere energy was better to buy. i think target has the ability to rebuild the one/dividend and that's a good reason to stay on the stock. the s&p's biggest losers, they are powerful. powerfully bad. >> boo! >> starting with walgreens, down 64%. here is a company that needs a beyer or buyers. something for the back which could be used for all sorts of drugs. the ceo is good, causing money to be lost in stores, incredible bargains on the home page. but the balance sheet not so hot. to turn around needs the other pharmacies to go under to raise
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prices or break up different parts of the enterprise and sell them off. i would not bet against wentworth. you can't. the stock is too low. second, moderna. the post-covid hangover one of the last on the doom video and docusign taken offer. the numbers are staggeringly bad. it got as high as $195 billion. now it is 16 billion. >> a "house of payne." >> declined in 2022 to an expected 3.3 billion last year is eye-popping and nauseating. keep waiting for the promise personal vaccines. i like the ceo. nice man. but i am sad to say the stock would roar if he were to step to down as manager even if he needs to help on with vaccines. great guy. shareholders deserve a better performance. federal reserve stock, makes plans, got his clock cleaned, down 55%, revenues flattened, profits fell.
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typical of all material stocks. this one like so many industrials needed china to recover and it didn't. also needs aggressive rate cuts. until we get both don't bet on this one bouncing back. we own several stocks in travel trust that need china to come back. i hate those stocks! >> sell, sell, sell! >> until they annualize their crummy chinese numbers. estee lauder lost 49% last year because it went all in china so every part of the business fell apart. even as management kept promising over wise, they overpromised and underdelivered. eviscerated by competition from elf beauty. management would never admit their products are way overpriced. they would say radically inferior -- my wife couldn't tell the difference. i put them in front of her. i told you this story already. we got gapped for the travel trust.
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we were wrong. we regret the error. and finally, a solar equipment. made some of its equipment in china. th the -- we can expect higher tariffs. i think it's amazing they were only down 48% for the year. hey, there is always 2025. possible winners among the ones i mentioned, but the potentially big winners for the s&p 500 are the same we covered in the nasdaq. the losers, here is the bottom line. need to see the big plan, a change for moderna, china return to industrial selling, change in management and return to growth in china for estee lauder as well as more realistic pricing. i don't know who to do for in face. i don't think they do either. how about robert in texas? >> caller: hi. i value your opinion. >> thank you. >> caller: and i've held apple
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so long and it split so many times. and now it's like over 30% of my portfolio and i feel like i should diversify. >> you have to. that's too much. it doesn't matter. discipline trumps conviction. sell some apple tomorrow i can't have you have 30% apple even though it's one of my favorite stocks. that doesn't make sense. please, please, please, take some off the table. john from my home state of pennsylvania. >> caller: happy booyah auto year, jim. >> totally. where is your accent? you sound like me. >> caller: bucks county. >> really? that's where i was. wasn't it great? >> caller: it was wonderful, yes. >> thank you. >> caller: hope you had a nice time with family and friends here. >> i sure did. thank you. >> caller: good for you. jim, i haven't thanked you and your staff for quite a while for all your hard work. >> thank you. >> caller: you are welcome. thank you for that. looking at a play.
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just wonder if you think this stock is expensive, p.e. seems high on colgate-palmolive. >> frank had a guest this morning. i felt compelled. that stock came down from 109 to 90. i think you should put more in. thank you for those kind words. i do love bucks county. i always -- i grew up in montgomery county. i always wanted to -- if i move up into life i do it. i finally got there. in 2024 there is a lot of overlap between the winners and loser. we will have to watch to see if the winners have what it takes to keep winning. some high yielders that could be prime players in the new year. two themes that could drive the 2025 action on wall street. what stocks could pen about fit from the trends. of course. tonight's edition of the 2025 "lightning round." so stay with cramer.
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♪ we kick off the new year, feels like we are headed into a period full of uncertainty. a few months ago we now the federal reserve would be blessing us with a series of fairly aggressive rate cuts. but now the fed is a lot less dovish. the bond markets are moving the wrong way since september. we already had a huge trump rally, but we don't know what the second trump administration will prioritize in terms of economic policy. if it's tariffs, that's another story. what works in times of uncertainty? dividend stocks. all sources of safety and it doesn't hurt that they high yielders have fallen out of
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favor as bond yields soared making dividend stocks less attractive in comparison. if you think there is a ceiling on bond yields this could be great time to buy high yielders. 128 in the s&p 500 pay 3% or more. out for the holidays, we embraced time off by pouring through the 32 stocks and came up with five high yielders that should work in 2025. first up, realty income. they have been on the show, primarily focused on retail properties. that letter o has the second highest yield among the real estate investment in the s&p 500 at 6% and the only one that pays a monthly dividend which is fantastic. plus the company raises payout, raised it five times last year. reality income is down 19 ferrari were the october highs. the bond market is nor competitive and wall street is
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feelis skittish about like dollars scores, pharmacy chains. when sweet roy came on the show in november he explained that his company's managed to grow earnings faster than both high traits and low ones. very convincing. plus even some tenants are struggling, not many lease issues and they have so many prospective tenants doesn't matter. take the 6% payout and wait for the market to work through the concerns about the stock. next, an interesting one, u.p.s. i know u.p.s. has been a serial underperformer for a couple years. but if tur looking for income fedexcup has 2% yield, u.p.s. 5%. back on tour, u.p.s. supporters strong quarter and now that it's gotten past tough comparisons from generous third quarter from the union, the company is beginning to get the costs under control. the teamsters contract was bad for them. i thought so. but after popping more than 5%
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response that quarter the stock has tumbled back down again. look at that. as i explain that, their rate now is trust. three year financial targets that wall street does not believe. if they can deliver a couple more quarters like the last one, the trust could be restored and the stock could have a nice run. if they can't, the board could change management and the stock will go higher, too. meantime, they are paying with that juicy dividend. i like the risk/reward there. a number of utilities hit the high yielders risk, dominion energy has regulated gas and electric utility business in virginia and the carolinas large clean power generation business nuclear power plant, ambitious but clean energy projects, divested big assets, much more focused operator and i like what it's focused on. the service area is northern virginia, one of the highest concentrations of data centers in the planet. they have the demand for
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electricity. they are 5% dividend yield doesn't hurt. a couple of regional banks made the list. i feel comfortable with keycorp, cleveland-based parent of county bank. i don't know if you remember we had the ceo on just a few weeks ago. i liked it. by the way the, i like many banks. they have been languishing for two years, after a banking crisis since 2023, they made missteps with the bond portfolio. lately, keycorp sold a chunk to bank of nova scotia which gave them a bond portfolio, taking a loss but putting the problem to bed. the infusion could allow key to make some acquisitions. remember the fdc more favorably inclined. long-term interest rates have risen. i think you should use that market to buy some keycorp as it's already dealt with the bond portfolio to wait for the market
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to figure out at the stocks. finally, chevron, which barely -- to the list of finals with 4.5% yield as of the end of last year. it's been flying for two and a half years now. more or less, since the inflation peak inside 2023. that happened amid declining or stagnant energy prices and company specific issues, like acquiring his, including a dispute with exxon over certain international projects. it will be hard to keep chevron down much longer. i am less sanguine of the country under trump. more supply translates to lower prices. there will, obviously, be some benefits for the integrated goals from the new regime in washington that is more fossil fuel friendly. currently 13 times this year's earnings estimates. good value in a market that looks stretched and 4.5% yield seals the deal for me.
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reality income, u.p.s., dominion energy, keycorp and chevron, five dividend stocks you might want to put on your shopping list at the outset of a new year filled with uncertainty. if you looking at 2025 without a clear idea where to put new money now, those five stocks may be a great starting place for your capital. "mad money" is back after the break. coming up, cramer takes your calls, and the sky's the limit. it's a fast five "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.
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it is time! "the lightning round." and then "the lightning round" is over. are you ready? frank in texas. frank! >> caller: jim. booyah to you from san antonio, texas. go birds. >> go birds. let's go! >> caller: jim, i have a position in uber and i'm down just a little bit. what do you think? should i add? hold? >> i want you to buy nor uber. it's really down way too much. preston in illinois. preston. >> caller: best in the house. happy new year. >> happy new year. >> caller: aes. >> 5% yield? down way too lie. time to pick up that utility.
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robert in new york. >> caller: first time, long time. happy new year to you and the team. >> happy new year to you. how can i help? >> caller: i was hoping to get good news. espnews hit, two times way too soon. >> what's the stock? penn entertainment? no. i don't like them. a new broom needs a sweep there. trey in texas. trey! >> caller: jim, watching you and president trump at the exchange a few weeks ago was inspirational. >> thank you. trey always has nice thing to say. really appreciate it. thank you. i try to play it down the nvidia. that's all i do is play down the middle. what's up? >> caller: i mean, the single most influential and brilliant person on earth standing next to the president-elect. wow, what a time. believe it or not, i actually stumbled on this stock ticker while trying to purchase a
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recliner online. after some research i think lazard shareholders are sitting prettier than owners of la-z-boy. can get a hallelujah? >> absolutely. really inexpensive. all this m&a stuff, you are absolutely right. i am going to give you annie time touchdown. i love that. kurt in georgia. >> caller: hey, jim. been a long time follower, over 30 years now. >> wow! >> caller: i'm calling about -- everybody said, yeah, back in the street years. >> sure. >> caller: i am calling about a stock everybody said would be $1,000 stock. great numbers. great products. really well run company as far as i could tell. i started buying it just over 900 and kept buying as it went down and down and down. really hit my portfolio last year. do i sell it or hang on to eli lilly? >> the problem is people are saying after a year people are
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no longer taking the drugs, they are going off it, use percentage off it. i think if you own it because it's about cardiac instances, it's about high blood pressure, it's about dementia, maybe even about cancer, not just weight and diabetes, so i think you hold on to eli lilly. continue to hold for the trust. i think there will be good numbers. that last quarter wasn't good. i understand the trepidation about the stock. i still like it. nick in florida. >> caller: big booyah from florida and a happy new year to you, man. >> thank you. same to you. >> caller: my girlfriend diana, jim, this stock is down 26% in the past six months and has been a staple in my portfolio a few years now. my question to you is buy, sell or hold? kicker symbol nue, new core. >> i thought it was bottoming. this great steelmaker. i have to see -- the material stocks are weak. there is a lot of dumping of steel from china again. all they do is hack and dump and
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they get away with it. that's what's hurting the stock. allen in florida. >> caller: yeah, jim, thanks for taking my call. a number of months ago you interviewed the chief executive officer of laboratory corporation of america. and i own a lot of that stock. and it seems to me that that stock has been dead money and i wonder what your thoughts were about it now. >> lab corp. had a spike over covid. i interviewed the ceo. i think the stock at 15 times earnings is fine. people don't like the health care stocks. what could say? that's the conclusion of the "lightning round"! >> announcer: "the lightning round" is sponsored by charles schwab. coming up, has the optimism around the market reached a fever pitch? cramer is digging into the areas where he is seeing too much speculation next.
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ehh... hmm. oh, that's very, uh... - 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. ♪♪
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the beginning of the year is always filled with optimism. i like that. far too often the analysts gin doom based on rates or valuations or what is the dark flavor the day. sometimes there is too much optimism in certain sectors. we have seen this movie before. faster battery chargers, electric vehicles, vaccines for cancer that never materialized. this year, nuclear power and quantum computing. they have promise some day. it's not near enough to justify the valuation. there are utilities that generate a lot of nuclear power. the latter just got a big
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contract with the feds $1 billion. utilities are trying to meet power demand. i think these two stocks are now way ahead of themselves. they trade like they will build many nuclear reactors next to the approved ones. but building them will be, it takes ages to construct is one of these things. big overruns. decommissioned plant with northwest signing a contract for 20 years worth of power sounds great. the process of restarting a dead nuclear power plant won't be easy. consolation, even if their stocks are overextended, when it comes to nuclear power overenthusiasm we have seen smaller companies offer alternatives. new scale power, small form factory technology are exciting but years from developing anything meaningful. or as chair of jpmorgan wrote in an outlook, wake me when we get there.
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i don't want to go into the specifics of these companies that are devoid of revenue. the most important builder ge is about as bearish as the promoters are bullish. more positive on the prospects, but he won't. after the engineering hurdles, cost overruns, he doesn't expect anything viable for a decade. i don't think you want to be in the nuclear stocks too long. how about quantum computing? it is not a hoax. it's kind of a low bar. a facility dedicated to it, super fast computing using super conductors that require a specialized computer environment based in part on cryogenic technology. sounds promising. the others burn too hot. it's not a reason to buy alpha. it's not ready at scale. i like alpha for travel trust, we like progress in youtube and google cloud services. quantum computing is a long-term project. for example, when i look at
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regetting computing, $5.6 billion condition, professes to be a leader, i am concerned. money loser with 11.9 million in revenues in the last 12 months. it was 6 cents four months ago. now 20 bucks. it's big break at the end of the november when it sold 50 million shares at two bucks. it was off to the races since then. it's a quantum gamestop, okay? i am weary of d wave kwan it up with 9 million in revenues the last 12 months and big losses. also earned can about quantum komt putting, $2.34 billion with 400,000 in the last 12 months ant big losses. i believe in nuclear power. when the company that that has the most to gain from uptick in commercial nuclear power anytime soon, quanting computing in infancy, people get hurt speculating on the biggest companies and the smaller ones. please understand that like all
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new year's the animal spirits are in play for a few stocks and don't be trampled by wayward bulls with visions of riches in front of their greedy eyes. you just won. take the gains and go out and buy yourself a nice cashmere sweater. just for you right here on "mad money" in 2025, i'm jim cramer. see you tomorrow! investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ my name is ryan carpenter. i live in portland, oregon, with my turtle, mo, and i'm the owner of moberi. i love living in portland. portland is the place where weird ideas thrive, and what i do is definitely a little weird, and people really like that here. leading a healthy lifestyle is something i've done for a long time. i frequently ride my bike around to the farmers market,
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