to 9:00 a.m. easter with mornings with maria. right here on foxbusiness. that will do it for us, thanks for watching, see you next time. ♪ ♪ ♪. jack: hello and welcome to the wall street journal at large a new year was less than 48 hours old and we got stunning news from halfway around the world. u.s. drone strike on iraq had iran's top general. they said qassem soleimani was planning to attack in the middle east. they're responsible for the death of hundreds of americans in previous acts. the military tension and our

u.s. and iran is not the last. iran's leader, vowed retaliation tweeting the great nation of iran will take revenge for this heinous crime. the killing of soleimani send shutters through the financial world. oil shot up stocks under immediate pressure. but that came after the best year since 2013. the dow ended 2019 up 22% with the s&p 500 and the nasdaq a doing even better. of course wall street seems to live in the perpetual state of worry. so despite overall optimism that the stocks in the economy will continue to grow in 2020, there are fears about what could finally put the brakes on the expansion we have seen since the great depression more -- where the binned unknowns of the presidential election. president of trump has gone over strong economy. and if it stays strong that will bode well for the

incumbent. after all they famously told us when it comes to winning presidential elections it's the economy, stupid. but trump's potential rival see things a little differently. they.to income inequality, soaring healthcare costs, soaring student debt, the president's behavior, and many more as bringing about fundamental economic change in america. so what to expect in new york? build the markets keep their pace, will the economy keep up its growth, and how will the conflict with ironic the presidential race change the equation? well here to help me answer all these questions today, mark think it's mr. joining us. >> it's a pleasure. it's. gerry: let's start with the big news for this week and of course it is iran. of course they have a vowed retaliation for the assassination of soleimani. markets initial reaction has been negative, but not hysterical at say.

how do you see these kind of events playing out over the next few weeks? it's - i think you will have volatility. but at the end of the day, it's a little bit of what you just said. it's really the economy. so if the economy is doing fine which i think it is, markets will do fine. i don't think the market will be up as much as it is this year, but markets will do fine because the economy is okay. gerry: okay markets will see how it unfolds of the next days or so, but they seem to be taking it really reasonably wellin stride. are you surprised that people are relatively calm so far? >> there, because they don't know what's going to happen. i think if there are events that lead to americans dying, and where does it go? does it stay where it is? just keep escalating? then i think the markets will get extremely nervous about that.

gerry: those of risk tend to be overstated. in terms of their impact, their actual impacts on the economy and the markets, and some of us are old enough to remember the stock shock. but 911, there is an immediate reaction within the market came back. goal for the market took it in stride. these events although everyone worries about them, they do seem to not to fundamentally change right at the start. it's kind of the trajectory of the economy. i don't think they will and less prices stay high. then you will have a real impact. gerry: but sometimes that helped. now they are net energy producer and exporter. they help oil producers in the u.s. >> but does not help the consumers. the economy is earned by the consumer. so i think if you end up having, if the oil when it's around 55 to 65 it's fine. but if it gets above that, i

think it starts having impact on the consumer. gerry: let's talk more broadly to the markets before this all happened. we were basking in the extraordinary markets that many people did not see it happening. i year ago people were saying stocks were going to be really rough last year end they were wrong. bonds, despite the strength of the uk, the u.s. economy was how bond yields on the year overall down but stocks were up. why did the marcus takes my surprise? >> i think if you look at what happened at the end, or the beginning of this year, the end of lesser beginning of this year, the perception was that rates are going to move up. so rates moving up is not positive for the market. nobody forecast that in essence the fed would lower the rates. the lowering of rates, and lowering to where it is today,

has fueled this expansion and is continuing to fuel this expansion. i think the fed was worried about growth, and saw that growth had slowed down a little bit. and decided to lower rates and because of that the market is taken off. gerry: cannot go on? if they say they are not planning on cutting rates and again, and maybe not 2020 but maybe 2021? will that put a cap on what may happen to the markets overall? >> i think it will, but he think what she will have with the rates as low as they are today, and the economy doing fine, if the economy is growing at 2% them markedly fine. the question is, does economy slowed down to sort of a 1%, right now i don't think anyone is forecasting that. civil me look at it, we think gdp will be around 2%. so i think that's fine. it's. gerry: where the wrist to that? we talked about the political risks in the middle east. tech is been a big market

issue. do you see this happening and changing things? >> i think a lot of it is good to be a little geopolitical. and part of it is sort of what happens here in the united states. two people start getting nervous. the problem is every year people keep telling us this expansion is not going to continue. so windows somebody did side i'm not going to go out and spend money when the literally two thirds of the gdp is driven by consumer spending. so if there isn't any of that consumer spending you can see a slowdown. i think it is going to be hard just because everybody's interest payments are getting lower, so people are getting more money to spend. you've got a low unemployment rates, so it would be hard. even things slow down a little bit, mama slow down run one half% is fine. the markets will be fine. gerry: let's talk about one of

your particular areas of specialty's debts. what is going on the debt markets, what is the concern, one of the features we've seen in the last few years is huge explosion of corporate debt. they're buying back a lot of stock in particular with taking advantage of low interest rates. how much should be can be concerned about the levels of debt and the economy? >> it's growing. the problem with the debt that it's going on out there right now -- the good news for the company scissors no real governance on it. it's going to be easier on that company. but the amount of debt that is growing, it just keeps getting larger and larger. i don't think it's an issue yet, but it will get there the next few years. gerry: you mean the terms of the debt is easy on the company. >> yes. gerry: said easy terms you have easy interest rates it's

still pretty, by historical standards very good. >> it's very positive. gerry: so does that mean we can continue to see the companies issuing the debt they had last few years? >> they will for one civil reason is the problem today if you look at what's going on in europe, and the u.s., rates are low. so where is somebody going to end up making that coupon, that interest payment. so we can you can go borrow two or three or four percents, you're gonna do that because on the equity side, theoretically if you issue equity or expose to make ten or 15%. so today if i can issue debt and pay four to 5%, that's about half the price. i'm going to do that as often as i can. gerry: this expansion is already the longest in u.s. history we aren't the 11th year. normally this stage of expansion you see stress or inflation picking up. maybe there's housing market bubble or maybe a bubble and other asset markets.

were not really seeing any of that, we don't see those that might derail the expansion. >> i don't think you will. and what you've never seen his rates this low. with rates this low, it's easier to have mistakes. so for companies that are borrowing, the borrowing costs are lower. so even if there is a slow down, they can end up meeting the interest payments for consumers it's easier to borrow, so that's was feeling this. and it will continue to fuel it as long as rates of the slope. gerry: minute take a break quick break but stay with us. we are to look at the markets and economy in 2020. and we will also look at the political climate and what we can expect in the presidential election. stay with us. most people think of verizon as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations.

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gerry: i am with mark lazzaro. i know something this excited shoe into rails expansion on the republican side is president trump's defeat at the hands of the democrats and the election. maybe we will have a democrat who doesn't favor pro- market policies. what you think on the democratic you've raised money and you have donated to presidential candidates joe biden has lead in the polar just little bit away from the polls in iowa. >> people like joe they like what he stands for. i think at the end of the day he will be the nominee. so you sorta have seen over the last three to six months, we started out with probably 20 candidates, and that keeps on, i know yesterday another candidate dropped out. so i think you will get to sort of really four or five

candidates. i think right now it's really biden. gerry: there is a desire for change there wasn't toy 60 when and they elected donald trump. the democratic primary people like elizabeth warren and bernie sanders are making running. it seems of the going significantly to the left. do you think biden answers the call for change? he is been in politics as long as you and i've been alive. he was elected to the senate back in the 70s. as he setting aside his age, his does he represent the possibility of renewal? what democrats really looking for? >> we are going to find out. at the end of the day from is not about change. he can talk about it, but he's been in office, he is running as the incumbent. gerry: he is change things look at immigration, and trade, he's definitely change that. >> but people want that they

will vote for that. i think what biden is representing his look hearers he has a different view of the world. the question is do the majority of americans agree with that? the great thing about this whole thing here is, at the end of the day people are going to vote. and whether it's biden nordstrom, or it sanders, earl warren, someone is going to come out on top. and that's can it say where the country's leading. so my view right now is that biden will end up getting the nomination. gerry: if he doesn't, i talked to somebody the other day and they said bloomberg is kind of a biden the hedge. it's kind of a similar type of politics certainly not the left wing, but biden, falters we know bloomberg is not in the early contest is that what you think? that bloomberg would be kind of an acceptable backup to biden? >> i think bloomberg has a

brokered convention. i think it has to be a convention where biden didn't get enough of the votes, and warren didn't and bernie didn't and everybody didn't get enough. i think that is the only way bloomberg could come out on top. and that is if all the sudden everybody decides to come around. gerry: what about hillary clinton you've been close to her and you know her very well. we talked about a brokered convention, what you think? >> there's always possibilities, but i think that would be hard. i think you have to be in the race and i think that is why bloomberg and joining the race. so in the very least there is a brokered convention, he could argue that a number of people voted for him. it's hard to end up saying i want to be the nominee. gerry: you are a democrat let's save your candidate joe biden did not when if it were bernie sanders or elizabeth

warren, could you back them the general election? >> i think i would. at the end of the day but i believe in, i do believe there has to be changed. i do believe we need to try to help others. and there is a cost of that. i do know what the cost is, that cost is i will have higher taxes. and i am willing to do that because i think it helps others. gerry: we have to take one more quick break and then we'll be back. we'll talk more about the presidential election, sports and we'll see how the mbas going. this is the epson ecotank color printer. no more buying cartridges. big ink tanks. lots of ink. print about... this many pages. the epson ecotank. just fill and chill.

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gerry: my guest is mark lanser is not only a good investor but co-owner of the milwaukee

bucks. let's just go quickly back to the presidential election first. as we sit at the open you got a good strong economy unemployment is at the lowest rate in 50 years the market has been strong inflation is low that's usually a recipe for reelection for an incumbent president. how on earth, thus swimming the economy does not tank this year, how to the democrats beat president trump? >> it's actually very easy it's not complicated. if you sort of think about everybody on the left is going to vote democratic. everybody on the right is gonna report vote republican. so every prudential election is decided by three or 4%. so it's everybody who's in the middle. are the people in the middle tired of all the noise? if they are, then they are voting for change. if they are not, if they're happy with the noise and they are happy with what's going on their lives, then they will vote to keep president trump.

that's what's not really that complicated. gerry: but it's complicated in the sense of the democratic message surely has to be we can maintain -- we are not going to end this expansion we are going to expand growth. can they do that with the policies are proposing? >> i think they can do if you want to keep increasing deficit which i think they will end up doing. gerry: will talk about that a little bit but would talk about the box. they had the best record this year. what's the secret for that success? i know you have an extraordinary guy, the greek free you call him, what is the secret? >> i think part of the secrets, and we have the best record so far, is before me game i sorta give a pep talk and that seems to be working. [laughter] always have to do guises score. i think what it is is everybody the team knows their

roles. there are exceptional players. we have a team that knows exactly what they're supposed to do. everybody knows their roles. the coach is phenomenal. there are moments in time when everything comes together. i think we have that this year. last year we were in the eastern conference finals. this sure what we really want to do is get to the nba finals. gerry: canyon when this whole season? >> i think were good to do it. gerry: we heard it here first. thank you very much for joining us. just ahead why president tromp with that iran is a clear warning to tehran. warning to tehran. stay with

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gerry: president trump's critics are critical to describe the strike as a reckless escalation of the tension between the two countries. and joe biden presidential contender said it was like throwing a stick of dynamite into a tender box. escalation? yes it surely that, but it's worth remembering the context of this bold move. they had been provoking america for months. alas you're tired ron was led was believed to be behind attacks on the oil tankers. then iranian missiles downed a drone. next a drone attack in yemen

cause massive damage to oils. last month proxies launched rockets at a place so when u.s. responded by hitting a camp that had militia they storm the embassy in baghdad in scenes that were chillingly rum assistant of the compound and around. in short, it is iran that is been aggressively escalating and destabilizing the allies and killing americans and others in the reason. you can be sure it was qassem soleimani that was the mastermind of all of these moves. is his killing was a long-overdue response to this aggression. the sheer boldness by the u.s. military is surely a warning to iran. escalate this conflict at your own peril. that's it for us this week, for the latest show updates follow me on twitter,

facebook, an instagram. i would back next week when i talk with world chess champion , and that's right here on the wall street journal at large. thank you for joining us. this week on barron's roundtable tensions escalating what is it mean for the market and your portfolio. stocks, bonds, real estate, the very best options for income investing. and ceo eric yuan on the highest performing tech. barron's roundtable starts now. ♪ ♪. jack: welcome to barron's roundtable the sharpest minds on wall street me to it get behind the headlines and prepare you for the week ahead. i am jack otters. we'll begin with what we think

through the most important things investor should be thinking about right now. stocks slid after u.s. air killed the top bar general. right sharing and food delivering companies under pressure to raise prices on their low-cost services. wyatt could be rough on consumers, but good for your portfolio. and to major homebuilders set to release earnings, the outlook for housing in 2020. on the barron's roundtable tonight my colleagues been an jack. panel start with you the big story friday were these airstrikes killing general soleimani. oils prices spike the markets little bit. what are you looking for when the markets open on monday. >> i think it's going to be a new week and i think people are good to start looking. but i don't think there's can be another big selloff. this could go many directions and everyone is expecting response. but what the responses gonna

be is anyone's guess. but it seems if there is a full out war, it is not good to be good for iran. you have to think they don't want to go there. so if it doesn't go there, it's probably not going to be terrible for the markets. they can be more focused on other things. they are going to be focused on maybe the trade deal which is going to be signed on generate 15th. you might even be looking to china to stimulate the economy by lowering the reserve ratio. so i think it's going to be interesting to watch. >> i would add ten years of the stock market rally and there have been days where we have seen horrible news items on tv and a rise in the stock market. doesn't this market seems to care about is due to interest rate stay on the floor, making stocks look good by comparison. will they raise interest rates? in this case surely not. >> warm buffet loves to take us back to a century of history with pearl harbor and everything else. he just kept on going. i will say with the middle east, is a 3d chess match. you think about are the u.s.

history there, we didn't like the prime minister, we overthrew him and i ron. and then that besieged ayatollah. and that got rid of emily cause problems would not proceed. so things could happen there for gets ugly. >> it couldn't we have to think about that. we talk about with the market cares about, it's different than what people care about. and in this case i am not sure what the market is in a care about this. we are going to price in some sort of a preemie and into oil. >> oil is knocking to see $30 for while as long as his tensions are out there. maybe a lower for five. it makes it investable. but that might help there. but if it's really going to be something to sink the market, i don't think so. >> especially if you looked in today's close. i mean future markets indicate a much sharper drop in friday's trading that we paired a lot of those losses. we still end up down for the day but not bad is that it looks thursday night friday

morning. the market isn't taking it too seriously, or i should say maybe it's not taking it as it be as worried about it. jack: it would take a and say let's look at jack and what is wall street suddenly coming around to the idea that selling stuff at less than cost may not be a good business model. >> is alarming news if you like free stuff. let's say you put in a lunch order let's say meatball hero, or root beer and cheese doodles in europe the ten bucks. and you get it delivered from one of these third-party delivery services. morgan stanley estimates that's about $5 in cost for the delivery. this service is losing more than three bucks to bring that food to you. that is equivalent of checkfree cheese doodles for you. we've all been getting it and the reason is a hot tech market for a long time men's venture capital would throw money at anything whether there is a path to the

possibility or not. the tipping.was the flop of the we work ipo in 2019. all of a sudden, people want the businesses they invest into have a chance of making money at some. you will probably see prices rise for services like third-party food delivery and it were left. jack: one interesting thing about this, streaming kinda follows the same model. netflix will sell you a month of movies what it cost to the one movie. how long can that last? >> i think longer because fortunately because we all like cheap shows. in this case these companies aren't going into venture capital for their money. there a lot of well-established media companies with deep cash flow from their cable businesses. another thing they can can continue to try to gain market share and streaming for a long time. so i would expect cheap streaming to stay here for a while. some of the other free stuff might be going away. jack: homebuilding sometimes it's a bellwether for the economy. next week will hear from two

homebuilders from the earnings, what you looking for? >> it's a really interesting set of dynamics at play. we have low interest rates, we have low unemployment and we also have those millennial's you know this people he heard were never going to buy homes, they are returning to the market because their heat in their peak earning years. the report out next week we are looking to see is that trend continuing. and it looks like it might be. jack: are you sure of this millennial thing question guy here they are just not selling telling their parents did. >> they don't have to be just like their parents were they really work well with this first buyer homes. we are not looking at the mcmansions looking is relating into the financial crisis. millennial's are looking to small homes that are closer to an urban center. but eventually once people had this peak earning years they don't want to just paying ever increasing rents. they want a sense of ownership and equity in their property. jack: and think there's a

sense in homebuilders that they actually have to go to a customers want. and they do want to these smaller entry-level homes. it's the high-end homes that are not doing great. if you look at where the price gains are in the country, they are not in the high tier homes in new york city. those high-end homes have dropped value of the last year. but the mid tier homes actually gained. >> the best advice ever heard about homes as they are a piggy bank you can live in. they are forced to savings of people that financial discipline that way. jack: coming up the panel has ideas for the best ways to generate income. but now ceo eric yuan is going to talk about his in unlikely immigration

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jack: 2019 was a shaky year for ipos like uber, pinterest, (bears a great year for certain segment of tech ipos as enterprise software. the biggest winner, the video communications companies zoom. earlier i talked to zoom ceo eric yuan about a successful startup. jack: it wont talk to about your eye, last april he came into the market $36 and up popped and it went up to two and a hundred announcer on 68. so that's pretty good in the year that was very disappointing with left uber and the really high-profile ones. it did not even come to market. one thing that zoom has that other companies don't is that you are profitable. anything all she does think you're doing right that makes wall street so happy with your stock? >> i think they all will do very wellin the future. you look at zoom, i think it

was really. [inaudible] we tried to manage our end of the cost as well. maybe because we were profitable before we went public, maybe that's part of the reason why investors really like our story. but we have to work harder to really care about our customers and make sure we do not let our investors down in the future. jack: so what is about zoom that's better about skype, zoo google hangouts and others. >> we do architecture and other solutions from many years ago. data collaboration, all new conferencing architect sure. that is key. jack: i got some neat features that when you're on a video conference you can actually picture around background upcoming beat the beach or whatever you want. one thing i have noticed about videoconferencing software is half the memes i go to the first five or ten minutes everyone's trying to figure out how to set it up, how to

get it on the big screen and so forth. you've done a little bit to address those issues. tran h you are right rather than multiple clicks and you try to figure out how to get into zoom and it works. so from our perspective, it's very easy to have any new users join zoom quickly. it is good quality and background. that's why the customer really likes our service. jack: and it sounds like the jetsons or something there if the person on the other end of the line as drinking coffee you have a way to smell the coffee is there virtually a way to shake their hand? >> absolutely. we are going to have a much better online meeting. there'll be cool features like remote handshaking, your

drinking coffee from a remote's, and i can enjoy the smell as well. but they are not available in the foreseeable future. i will take several years of effort. jack: i want to ask about will more slightly different topic. it's at immigration. you apply for visa eight times, were denied each time and found in the 19 got your visa. obviously this country is in a lot of debate over immigration right now. what is your thoughts. you have over you have a lot of u.s. employees working for you. your billionaire, what can we do to create more people like you? >> you know first of all you look at the high tech industry. you look at google or yahoo, those cofounders all came from the united states from other countries. i'll look. [inaudible] to sell immigration laws i think it would be good to work in part, government is working

well. but we have to fix that. we have to bring in the talents of those who want to come here and work for the high-tech community. i think we should embrace more talents. jack: thank you so much. coming up what you can do right now what sheet to improve your portfolio. buttttt most people think of verizon as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation...

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jack: every year barron's writer offers his best ideas for income producing investments. and every year seems to get harder as rates continue to fall. anders story appears in this weekends barron's and he joins us now to share some of the

highlights. andrew thanks for joining us. an interesting dynamic, the review is to understand is as asset prices are going up, yields tend to come down. so that makes your job tough. you found some unloved energy stocks and other energy producing assets that had decent yield, so let's start with pipeline. >> i think energy globally is one of the best places to look. pipeline right here in the u.s. was in favor of a few years ago and now out-of-favor. it's a vital part of the economy and the utility -like qualities of much higher yields. very they have a 6% yield and tender morgan is around 5%. jack: some of these have an mlp master limited partnership structure was that mean? >> that means the partnership you get a k-1 which many people don't like. there are some of their tax attributes that are favorable but many people don't like the k-1. but i increasing number are converting to a williams company are some of those

which they favor over those because it's a simple structure and they like to get a 1099 tax form. jack: sony look overseas for bargains that have not done as well as you ask you and landed on some other energy stocks. >> i think some of that better globally are called the super majors in europe and dutch shell and bp. your time at 6% yield on these companies and ratios around 11. they are quite well. >> eight so people don't buy single stocks overseas rickman etf? >> there is a global gtf it's ief a, it's an etf, it's around 3% right now. jack: everything but u.s. stocks? >> yes everything outside of the unite states. jack: junk bonds is again some energy there. >> junk-bond's have been in favor this year except the one pocket that is not is because of the energy because the prices. you can get some interesting yields on a number of energy bonds. i would highlight rage resources, dimon auction, talk

about eight to 10%. >> don't you worry about these companies going bus to not be able to pay those yield? see mcafee careful in what you buy at the companies that talk about here strong enough financials and goodenough prospects, so i think these bonds or money good. jack: i also notice the maturities are not too often the future. see your talking three or four years. so they have the same business to pay back. >> so right you are taking a little bit of risk tickler to get an eight to 10% yield in this market you have to take some. >> cilla matthew about telecom. you mentioned verizon and you mentioned at&t a 5.3%, but you get some extra tv assets and streaming with it. you take the safe 4% deer reach for that extra at&t with a high risk? >> i would stay with the horizon it's a simpler story and there is less weak there. i think the 4% on verizon is the better one. the others a lag with at&t in the market this year.

>> and there's a lot of excitement with the horizon with the new 5g and that will help the situation. >> i think the terms are expectations are low on wall street for this. something it could be a positive catalyst in 2024 verizon if things work out. jack: at&t is juggling an awfully lot lines of business there. >> that is concerning there's a lot of debt, you've got directv got the mediator got time warner, there's a lot of debt and there's activists with pressure. it could be helpful but it's a messier story. rethink the horizon one is simpler and i think maybe it's a better risk reward on it. jack: let's talk about a couple areas we see some opportunity for the classic income placement you are a little bit cautious. >> your talk about three and half to 4% dividend real's on reach like residential. when take a little bit more risk there there to new york as celgene and around 4% that

is been out-of-favor. p1 takes and risks you can buy the mall companies, there's a leader there there's about a 6% yields and nine. jack: will more area talk about as municipal bonds. some people love their tax free, there is thought that if someone should come into offices on the left side the democratic party and raise taxes, but is that good? >> i think what's good is the prices. you are trying that one, two, maybe 3% yield, not a lot of yield and a lot of risk in the markets. i know it's popular with individual investors. jack: utilities have also been popular. you are not a huge fan. >> i am not a huge fan of utilities right now it's about a 3% yield from utilities. i think telecoms of the u.s. are better, but overseas telecom companies are kind of interesting. i would highlight china mobile, digit telecom, bc and canada your tongue about 45% yields and they have been out-of-favor, but they offer some nice yields right now.

>> they pulled back all lots, the utilities in the last three months we had this big rally in the s&p 500. no bargain shut up there? >> there's never many bargains in the utilities right now they're up to 25 to 30% in the last year. see your talking to 3% dividend yield. the price of ratios of utilities are above that of the s&p 500 and you have lower growth. so i think utilities are not the greatest bet right now. think they're okay if you want to hold them, but i'm not sure if you should be committing a lot of fresh management right now. jack: andrew thank you so much for digging up these income opportunities and looking forward to how liberty mutual customizes your car insurance, so you only pay for what you need. i wish i could shake your hand. granted. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ i had no idea why my mouth was constantly dry. it gave me bad breath. it was so embarrassing. now i take biotene dry mouth lozenges

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jack: jack industry was calm this week you wrote that your kids love applebee's but walmart santos crazy about the stock. >> i know you fancy pants global elites don't do casual dining chains. but i go to an applebee's type of place now and again. the stock is 11 times earn. these kind of chains are deeply out-of-favor right now. there has been a move, actually the economy is great but the restaurant business in general has been slumping for the better part of five years. there's been a move toward independent craft dining, that's what younger consumers seem to want. i think a company like this like applebee's and it's ihop. company right now has a lower market value than what ihop paid for applebee's more than ten years ago. so it's deeply depressed, it's cheap the diner names. i think it's a chance for the company to get a bounce from here. >> way cheaper than

mcdonald's. >> of that is fine dining it's 60% earnings for chipolte. anything with the village's ability towards growth right now. jack: and we want to give you couple action ideas to go on the week. let's start with you paying on? >> yes it is the second largest insurance china we have two dynamics at play right now where you have rises in wages and an aging population. some more of a demand for insurance products. and this is a company that is very tech enabled to their using technology to really drive their credit decisions. lotta growth there. ba been you're looking at retail? >> i am looking at nordstrom. it has been for a long time trading along with macy's, and kohl's, and these others you don't attach. but it's not really doing that anymore. it's actually starting to look okay, but it still cheap just over 11 times earning has a nice dividend years close to 4%. maybe starting to grow its profit margins. if it starts turning a larger

profit it could do quite well. >> to read more check out this week's edition@barron's.com. and don't forget to follows on twitter at barron's online. that is all for us this week, >> good evening everybody. tonight from west palm beach, florida, president trump tonight is wrapping up his first campaign event of this new year in miami. the president looking to energize further his already enthusiastic base from the important evangelical community, looking to bring as many as 25 million of them to the polls this year. at tonight's rally the president announcing to the world that at his command one of the most merciless and savage terrorists on earth was ordered killed by the