with us every weekday 69:00 a.m. eastern. have a great west of your weekend have it great weekend thanks for joining it. see you next time. ♪ ♪ . gerry: hello and welcome to the wall street journal at large. it was truly a historic week in america for only the third time ever the senate voted weather to remove a sitting president and as predicted the democrats impeachment failed is all but one republican, mitt romney, stood by president trump. that came less than a day after the state of the union speech was remarked on more for the rancor show nancy pelosi than the content of the president's message itself. and on monday, we had the first official votes in the

2020 presidential race. what happened and i would turned into what was called caucus chaos. a glitch with the app used to record the choices of democratic caucus goers prevented the results from being down that night. the number that did eventually come out this week are still being questioned. technical snafu was a disaster for the party becoming the big story of the week instead of the actual votes. mayor pete buttigieg and senator bernie sanders apparently came out on top. while the presumptive front-runner form on prep vice president joe biden finished a week fourth behind elizabeth warren. after stumbling out the gate they are turning their attention to the primary new hampshire. the big question is whether buttigieg in sanders can cap up but with warren and biden rebound? many have been won or lost in new hampshire. the struggling clinton campaign took off after second place finish there. the same was true for john mccain. on the downside president

lyndon johnson's poor showing in 1968 made him announce he would not seek reelection. and for your saft or that the tearful performance raise questions about his mental health and ending his white house hopes. so we will look upon the state to see whether presidential dreams are made are. we'll take an in-depth look at the whole event. he works for bill clinton in 1996, was a key advisor for barack obama in 2008 and 2012, and then took the role of chief strategist and hillary clinton's run. he is currently the ceo of the strategy group working with pete buttigieg's campaign. thanks for joining us. so obviously iowa did not come out as anyone expected in terms of the process is as much terms of the results. >> . gerry: iowa usually is thinning out the roles.

where do you think we stand just a few days ahead of the new hampshire primary? cnet there's a lot on the line in new hampshire and we will go into a little bit more. but historically you mention a 1968 race where johnson faltered in new hampshire. that we have not had a nominee who hasn't come in first or second in either iowa or new hampshire since hubert humphrey who jumped into the race in 68 when johnson dropped out. so these states, although they are small, they don't have heavy delegate loads, they create a narrative that takes on a life of its own. and you have to if you have done well, and over performed you have to sustain that. so pete buttigieg and bernie sanders have to do wellin new hampshire to keep that momentum going. for joe biden and senator elizabeth warren, the pressures on them. they cannot have successive performances where they underperform and then expect to have a big rebound. gerry: let's talk about joe

biden he has been the front runner since it started. the staples in national polls put them on top. he came on fourth and iowa in the campaign looks to be on life support. >> first of all the media narrative on these things are often off the mark. barack obama did not lead in a national poll until february of 2008 after he had won the south carolina primary, think about that. i have said to people from the beginning ignore national polls they don't matter. the challenge for -- and even senator biden right now let's take new hampshire. if you look at all the polling, before this month leading into this month, they were about 30 polls done and new hampshire. there were only seven were he was below 20%. there have now been 20 polls in new hampshire and there are only five -- where he is above 20%. so he has been losing ground in each of these states, yet people continue to see him at the top enough but if you look

at the new hampshire numbers it has been a downward trend, not an upward trend. so i think he has a lot of pressure on here, and from what i hear the campaign may not have a lot of money in the bank going forward. gerry: if he doesn't win new hampshire finish second where does it go from there? >> that is going to be up to the campaign. but if you underperform in both iowa and new hampshire, the challenge here is the momentum story, weathers positive or negative, it really becomes the meaning that locks in on not just the press, but the elect taurean. they start thinking wait a minute, this guy was the presumptive nominee a few months ago and now he can't get into the top two of the first two states? i think he would have to have a really big comeback and be able to do that in south carolina which i think it's a states that often gets undervalued as supposed to the emphasis on iowa.

it is a last chance before super tuesday to be live when you go into super tuesday. gerry: cell bernie sanders he came out pretty strong out of iowa. he is the favorite, i would think everybody thanks to win new hampshire. once again to take for bernie sanders to be the nominee? >> after new hampshire, let's assume you come out of new hampshire at two or three people contending. i think at that point, you are going to see where the voters across the democratic primary are as liberal as the media make out or is it more centrist electric. a lot of people think it's the democratic primary voters are very left wing. but having looked at this on the state-by-state and certainly in its entirety, you have about 75% of the people who considered themselves somewhat moderate, or somewhat liberal or moderate. that is not hard left in the party. they say the party has been taken over by the left.

i don't think that's true. senator sanders is extremely competitive he has a clear crisp economic diagnosis around inter- quality which resonates with a lot of people. but it's also got to show over the course of this primary that you've got to win people in the middle. in fact one less historical note for you, the last time the democrats nominated the candidate who is the most left of the party was george governor 1972. gerry: that brings me to it my next question, can bernie sanders beat donald trump? >> i think going into this race, donald trump goes into it with a lot of strengths, a lot of money, historical trend say we don't often vote against a one term president's. but he also comes in with a unique set of baggage. and i think it will be a challenge to beat him for anybody who is taking on incumbent president. he usually is. he's arty out there raising hundreds of millions of dollars for this. but you have to make an argument that speaks to people

about their lives. what's the shortcomings of this administration? the economic picture is not as rosy for the average working people's donald trump was a thing. gerry: we have a quick break stay with us while new hampshire is in focus now the democrats are looking to super tuesday and beyond. course michael bloomberg's enterrrrr at fidelity, online u.s. stocks and etfs are commission-free. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk

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browsing hundreds of styles and sizes to find the perfect fitting shirt and blazer. so that tonight john could feel totally himself. at stitch fix we don't just see your size or your style. we see you. let us find your perfect fit at stitchfix.com. gerry: i am back with joel, pete buttigieg was just about the winner or tied in iowa. and clearly seems to have some momentum. with the biden faltering badly, is buttigieg now emerging as the candidates that would be the centrist candidate to beats bernie sanders? >> i don't know if he's emerging yet. i think we expect to look at new hampshire and see how he comes out there. that's a state where we have people you know can go in and ask for a balance in any party.

and a lot of people do that. you mentioned john mccain et cetera. and then they can walk out and ask to reregister with another party so independents, republicans they can have some cross party movement there. i think pete buttigieg is offering a message that is obviously still left of center, but is more centrist than bernie sanders. i think new hampshire is a fiercely independent states, at prizes itself live, free, or die is the state motto. i don't think they want to be a rubberstamp on iowa a lot of times. that was in 2008, president obama had a big win and iowa, hillary clinton had a win in new hampshire that reinvigorated her campaign. so it's a little bit of a jump ball here. everybody has pressure to perform as well or over perform. if the two front runners come in one into again, that is a very bad piece of news for

everybody below them. gerry: new hampshire, you know it is not as regular state. you look at the base of african-american based a lot of the states have african-american. is that going to change? with this current standing among african americans i don't see how he could when the nomination. >> if you look at the current standing we've only had voting in one state. and we haven't had voting at in south carolina. it's a state where it's going to be the first test, and again, we talked about momentum stories. if people feel better in south carolina with african-american voters them we had so far, that story will take hold. if he goes below single digits of where he has been, that's a narrative that then they are going to have to work very hard against to move forward, particularly as you go into super tuesday where you have

some states with larger african-american populations that are very big. >> . gerry: let's talk about the man on the ballots is not even on the ballot but will be at super tuesday. michael bloomberg. the theory is if biden is faltering and it buttigieg is not an acceptable candidate to the voters, that bloomberg is the moderate candidate who can beat sanders. how do you see his prospects? >> i think first of all the people are only going to go with someone who can beat donald trump or beat anybody, i think voters want to fall in love or at least very deep like. i think mike bloomberg is testing the system here. at remains to be seen if it will work. if not the first person of means who is willing to pour a lot of money in. but he's going to have to have a very strong showing in states on super tuesday that her delegate based. take a look at california. he's arty spent over a hundred million dollars in that state and he's pulling where he

broke double digits and only one pole. he's got to demonstrate that he can win with a different kind of campaign. barack obama had a different kind of campaign in reverse where he built up a big ground campaign in 2007 and eight and then augmented it with a very significant paid media campaign. bloomberg is going to have to get people on the ground to support him. he's testing the theory of whether you can just win this with. [inaudible] gerry: what the odds we get to june july, the convention and nobody has a majority? >> greater than they have ever been. only because of the rules and how they are set up. the formerly superdelegates, now called delegates it on the sidelines, so you don't have a pool of 18 or 1900 people who can tip it one way or the other. that could mean that nobody gets to a majority on the first ballot. gerry: then, we could start all over again. there could be other candidates coming? >> as highly unlikely that the delegate body at the

convention would shift to a body that someone is been outside of the race. i don't think there is i don't want to sale white knight, a warrior candidate who could come in at that point. gerry: you don't think hillary that that would be the mullet for hillary to come back? >> i think that's a moment for anybody to reemerge at that point. that's a long way off, it has never happened. people always talk about it and have a brokered convention, i still think momentum counts. so in summary gets on the path of winning, i think they can have a glide path to the nomination at some point. gerry: thank you very much joel. if that happens will have you here and figure it all out. up next builder new hampshire and ask where the top posters in the state when he is seeing there ahead of tuesday' tuesday's primary. stay with us.

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gerry: we've been mentioning new hampshire's we've talked to new hampshire survey and the practice of political science there. preston thank you for joining us. >> glad to be here. we have seen a bit of a fiasco in iowa this week. in new hampshire you've got things more simple. have a primary. we are not going to have a repeat army? >> i would highly doubt that we would have a repeat. new hampshire has more elections than any state in the country. the primary here is run by the state, not by the parties. and we have never had a problem with accounting in the primaries is pretty easy to count votes. >> . gerry: historically new hampshire's taken a different approach for different line from iowa. the winning candidate in iowa often goes on to lose in new hampshire. tells about the history there

what it might mean this time? >> on the republican side there is never been a republican other than the incumbent president whose loss in the same year. on the democrat side it's only been twice since 1972. al gore in 2000 and john kerry worked candidate won in iowa and one in new hampshire. so the reason for that is the electrics tend to be quite different. most importantly, in iowa, you have really low turnouts, so it's typically just the activists to come out and vote. new hampshire will have high turnout spirit i highest turnout here is 56% the record high away and iowa is 16% so just regular folks that came out and vote in new hampshire determine who the nominees going to be. not just actavis. gerry: is further complicated by the mess in iowa and a potential tie between pete buttigieg and bernie sanders. so it's kind like we are starting afresh. what is your expectation in terms of what's going to happen on tuesday right now.

boarded that stand in the polls? >> as a poster i was i am dubious of any polls the primary because so many people make up their minds of the very end. for an example in 2060 on the republican sign, 45% of republicans said they made up their mind in the last three days and 15% made up their minds on the election day. i think that's the format this year. but if i had to predict right now i look at the polling numbers, the history, and the organizations of the candidates. bernie sanders one here big in 2016. he is leading in polls here. he is at least tied in iowa and he has a really strong organization. so i would say sanders is one of the top two and i would say my second choice here would be pete buttigieg. at high in iowa, he's got a very strong organization here and he is moving up very dramatically in the polls. taken support from joe biden and joe biden's poor performance is questioning if he is an electable candidate

or not. gerry: you have candidates from neighboring states and bernie sanders from vermont who one last time and elizabeth warren from massachusetts. is it a help or hindrance, new hampshire people are famously independent live free or die, do they agree upon their neighbors do they actually think that the disadvantage? >> historically expended vantage should be a new england candidate. goes back to 1972 and ed muskie one here. but that said, it's not because people know them better here, what it really is is democrats in massachusetts for example are just about the same as democrats in new hampshire. or democrats in vermont were bernie sanders and from is very similar to democrats in new hampshire. see your campaigning to the same kind of voters that you are used to campaigning to. the second advantage of being a new england candidate you can take some of the support is from your home state and bring them up here on election day. not to vote, but to help you get people out to the polls. steve got that built-in

organization that's right nearby. the third advantage, this is really a psychological advantage is you can go home and sleep in your own bed. the campaign for president is long and grueling. the advantage of being an arrestable environment is very underestimated. gerry: and just really quickly, how good is new hampshire's record and picking the eventual winner? what should we be looking for in tuesday night if the winner -- is it likely the winner of new hampshire will win the nomination? >> while the nomination process is one of momentum. winning in the early states builds momentum for the states that come "after words". new hampshire is historically been the most important state in that process. no candidate has ever won the parties nomination without either winning new hampshire are finishing second in new hampshire. so plays a very big role in determining who the nominee will be. most importantly i think what new hampshire does is that whittles down the field. after new hampshire we will

know at the front runner is that we will know what their primary challenger is. those two candidates will be the one to slug it out from here on. gerry: if and only if they managed to count votes. thank you very much indeed for that, you are going to have a very busy few days in a long night on tuesday. i look forward to talking to again about that. just ahead this may as well been the best weekend of donald trump's presidency. donald trump's presidency. i will tell you why imagine traveling hassle-free with your golf clubs. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call, we'll pick up and deliver

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gerry: as democrats are trying to unscramble the mess in iowa, events in washington were moving rapidly in ways that underscored the larger challenge the party faces. on tuesday, president trump to live the state of union address that was a reminder of how fermentable a performer he is. and highlighting his economic successes he took pains to address the democrats criticism he's been a decisive president calling out african-americans, latinos, and women in the audience, he sought to show the gains in his presidency have been widely inclusive. nancy pelosi may have theatrically torn up the speech, but images of backgrounds was a powerful one. on wednesday the president's inevitable acquittal by the u.s. senate and his impeachment trial only enhance the image of a president getting the job done in the face of a hostile and partisan environment. now they're still nine months ago before the election and president trump does face an uphill battle in many respects. but the democrats iowa mess, stake in the union, the failed impeachment effort may just

add up this week to the best week of his presidency so far. well that's it for us, for the latest please follow me on twitter, facebook an instagram. i will be back here next year with more in-depth interviews ght here on the wall street journal at large. thank you so much for joining us. >> barron's roundtable sponsored by cute cute cute, this week meet economist mohamed a. el-erian weighs in on the wild ride impeachment politics and more. what that tesla stock rally tells us about the future of the electric car company in the industry. and why sustainable investment can and prove your investor. barron's roundtable starts now. being nine welcome to barron's roundtable with the sharpest minds need to get behind the headlines and prepare you for the week ahead. i am jack otter and will begin

with what we think of the three most important things investors should be thinking about right now. stocks climbing back toward a record despite corona virus. in pencil week for shareholders ebay pressured to make changes and tesla pulling back a little bit after buying frenzy pre-what's behind these moves? my colleagues tran eight, bev goodwin, and carlton english. crazy politics and yet the market was up on the week even though friday was low dodgy. >> friday was a little tough, but out for the week, up for the month, up for the year. the market is doing what it does best is shake off a lot of bad news. jack: why is it doing that? the jobs number beat expectations 20 -- 225,000 jobs created. that should be good news. within the market was down. >> that is goodness but the

market went down that there is a little bit of hope that price into the market might cut rates. that probably has gone away now. so that put the little glass half-empty on the good news. jack: so flat on rates for 2020. in its usually unusual in election year to do anything different. then, your favorite metrics for determining how the economy is going is to look at something related to jobless claims. but actually the jobless claims number as opposed to the employment number. >> p.m. payroll tells us how many jobs are going to be added. jobless claims are weekly and they really show us how many people are getting laid off. and as long as it doesn't go up too much, from especially a year ago, we are okay. but if we start seeing that the average number of people getting laid off is rising compared to a year ago, that's only going to start worrying about the economy. right now it looks okay. jack: you can't look at one weeks membership to look over

time. >> 's very volatile and could jump for a number of reasons. we had some problems at the end of december because there were strikes, there is going, there were all these issues going on. she had to take the moon bead beam average what they called on wall street and compared to where it was a year ago. as long as i hold setting you're probably okay. jack: the too busy week for activists investors. >> it was revealed that they have a stock in softbank and they put a discount where the company is worth less than some of its holding allie baba. they're pushing to do some buybacks and it's a narrow spread. jack: it's a clash of styles with elliott versus the softbank which is a much loosey-goosey kind of had a we feel about this company first? >> exactly in one cornea of the head of softbank who loves visionary investors, loves adam newman it was all about i love division -- singer is

much more shrewd he took down argentina at some much more about driving efficiencies and companies. it's less about the vision more about the action results. >> what i want to know is what's going on between star board and ebay? that was really weird. >> elliott is in that one too. what we had earlier this week was star board, which is also pushing for change at ebay saying it's taking too long. i want you guys to sell your classified business. a few hours after that letter goes out, it's revealed that the intercontinental exchange owner of this dark stocking stone made a bid for ebay. now markets hated this idea, absently hated it. so basically it's all ice shared tank even though management try to talk of the merits of the deal. i know you're interested in this. >> exchanges, i know that's just not good businesses any more more stock trading getting down off of the exchange, the cost, the

amounts are able to trade for trading is just going down. why not ebay? they have great data products, they have great data products with ice. maybe turned around that site. sumac and ice would say were all a marketplace so why not. shareholders are saying your 50 billion-dollar company taking over 30 billion-dollar company. >> you could buy an old print or shares of tesla. what was going out that stock? >> so it's the end of a buying frenzy of the stock was left for dead in august of last year. it was about $200 in everybody's wondering who is going to go down. instead the stock started rallying and this week was kind of the culmination of that. it's gone to close to three 100% since that august low in the last three months it's nearly tripled. it is just insane. and this week we had a 20% groove where everybody jumped into it. it was really a speck in the to buying frenzy. jack: if you need another example of speculative, if you type should i into google the

very first thing that came up to answer your query was should i buy stock in tesla. >> and when you see that it's time to sell. jack: socially responsible investing but many sg funds are us with the market that's a cover story coming up. but first economist mohamed a. but first economist mohamed a.

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if you are talking but the equity market, it doesn't care. it is striking how quickly we have come back and reached new highs while the coronavirus uncertainty is still considerable. but if you look at the bond market or the commodities market, they care. they have it come back to levels that we have sought before the outbreak. so it's all about liquidity ultimately. liquidity continues to disconnect the equity markets, not just the other market but also the fundamentals. jack: so another words there's just so much money chasing stocks that investors just aren't concerned about a small thing like a pandemic? >> yes, as absurd as that sounds, and there is a couple of reasons for that. one, most of the sp, temporary,d reversible. so think about the attack that

took out half of saudi arabia's oil production in september. think about the attack on killing an iranian general. there is a lot of concern, but the markets treated them as temporary and reversible. and that was right. secondly, markets have been conditioned to trust central banks. when you trust central banks, you buy on every dip. you get this fear of missing out. so when you see a selloff, it is a buying opportunity. i think these things are that we have disconnected quite a bit from fundamentals. jack: so an important question is how long the central banks can keep on supporting this bull market. speaking of which last fall you told us on market watches market brief that you are concerned about a recession in europe. can they prevent that from happening or is us on your radar? >> so first of all, the numbers have not gotten better.

this week, we got a horrible industrial outputs number out of germany at 2.1% contraction, the biggest, the biggest in the last decade. and in addition the forward-looking indicators, orders, are also pretty bad. so, germany will be in recession, germany is the locomotive of europe. it is not the caboose of europe. so i do worry. i think we are going to hit stall speed in germany which is somewhat in europe. when you hit stall speed economically the risk of recession is high. can the ecb do anything about it? can sure try but it won't. they are starting with negative interest rates, their monetary policies not only push on this terrain, but there is concern that it is becoming counter productio productive. that negative interest rate is

causing increasingly worried puppets of the east cb's can try to do but they will not fundamentally change it. getting a much comprehensive policy response. jack: but the trade war between u.s. and china signed just a bit which of you there? >> so it's a good thing we've had the truce, but i would not bet it will be followed by phase ii. i think more likely we are going to seek tensions escalated again. jack: weatherhead lane to ask you about is a big week in u.s. politics and the market just doesn't seem that interested. what you think? - yes, it isn't, it is a good reason. the good reason is the argument is that it's too early. so you don't want to position for something that can still play out and is uncertain. the second reason, which is not so good is that the market is so obsessed with liquidity that it doesn't care about anything else be at policy's or economics. i think the coronavirus is a really good example of that.

because it's economic effects resemble what is called a sudden stop. that you bring to a halt economic activity. it starts with the areas that are most impacted and then start spreading. and look at what we have heard from one company after another. they are saying's sales are down 75%. that is quite a sudden stop. even fayette saying it may close one of its factories in europe because the supply chain disruptions. the airlines have canceled trips, visitors have come to a halt. so be careful of these sudden stop dynamics. it is not easy to restart an economy. jack: 's that's a slightly scary picture you paint is there anywhere in the global economy where assets are to heidi see some opportunity right? >> first let me tell you economically there is one bright spot and that is the u.s. the employment report this week again confirms that we

are in a good place. not only did we create 225,000 jobs, not only are wages going up faster, but we are attracting back into the labor force both labor force participation and employment. that is good news. so the u.s. economy is doing well. u.s. assets, to the rest of the world are still more attractive. but i have made a relative statements, the absolute level of asset crisis or risk asset prices whether restocks or corporate bonds, remains elevated. jack: mohamed a. el-erian thank you so much for your insights we hope to speak with you soon. jack: coming up our ideas on what you can do right now to improve your portfolio. the first esg funds are booming we will t t t t t

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jack: companies are embracing esg, that's environmental social and corporate governance and more than half of the stocks of the barron's list are the most sustainable companies outperform the s&p 500. calvert ceo john streur joins us now. but beverly i want to start with you because you and leslie teamed up to put together this list. first of all can explain to us what you mean by sustainable? >> really all businesses should be sustainable. if you want to keep being in business you have to have sustainable practices. but we looked at specifically are companies that were really focused on not just the short term and not just their shareholders. but also their clients, their

employees, their communities they operate in, and the environment. jack: and you found that investors don't actually sacrifice returned by focusing on these things they could even do better? >> not at all, this is the third year we have partnered with calvert on this list. all three years those top ones have beaten the market. this year we did again by a few percentage points and we did it without the help of the bank. so no facebook, no apple no google no netflix. jack: that's an amazing trick because those companies were so important to the outperformance of the s&p last year. >> but this time 55 companies beat the market on their own portfolio as a whole. jack: so jon you said that 2019 was a tipping point for esg. what you mean by that? >> rethinks the companies were analyzing over 86% of those companies in the s&p 500 are measuring and managing sustainability issues. so a lot happening because

they're very operational to corporations. second, investor action. more and more money has been coming into esg funds in 2019 was a watershed year with a significant increase. and third, as beverly said, performance. it is very important that this it can be done in a way that provides competitive long-term returns in 2019 was a great year across the board for investment performance of sustainable funds. those three things together, really bring the herd along across that tipping point. jack: one of the companies that focused on sustainability is delta. i caught up with their ceo and asked why sustainability is important. >> you take your employees the better you work for them the better they work for their customers the better they do for their owners and their communities in jobs and investment opportunity. >> airlines are the big polluters?

>> i think that's the reason energy efficiency matters so much to airlines. ceo of delta was focusing on how they treat their people. super important. energy efficiency, also very, very important to airline profitability. delta is focused on fuel efficiency, cut fuel use by 3% through efficiency measures, and they have gone carbon neutral by buying off site. to the group of travelers that once a travel green and not be shamed by the airline travel, likes delta because they are carbon neutral. >> and what was the criteria you used to measure company for the barron's story? c met the criteria was related to a specific business were looking for the companies that can best manage their specific environmental exposures, social or societal, which employees often and governance stretched sure in ways that matter to those specific companies. so issues like climate change, diversity, inclusion, employee

well-being, ceo paid, and compensation alignment with shareholder interests. those of the big ones. jack: chana want to drop out a little bit for example with the employees, what are the specific criteria that suggest a company is treating its employees while i was that important? >> employee engagement is critical. is the capable of interacting with the company to the surveys, real-time interaction that tells the company how the employees are doing, how they're feeling. and does the company have a strategy for creating well-being based on that information for a diverse and inclusive workforce? that's the big one. in some industries, worker safety is still critical. some manufacturing plants in many facilities, worker safety is a big marker of how companies are treating their people. jack: gotcha, and when companies do that they are performed in the long-term. quickly i want to go to beverly, gives three examples of this stock solderless. >> number one was technology

that makes its tools and software for diagnostic means paid all the companies on our list have a myriad reasons that got them there. one donated a lot of their equipment to china for investigating and researching the coronavirus. cisco, the networking equipment maker, is a remarkable corporate citizen, taking on everything from the homeless problem in san jose where they are based, to educating a new high-tech workforce and getting them jobs at cisco and elsewhere. autodesk is another example, they are software company that works with architects and construction and engineers, and 30% or 33% actually of all costs just basically get flushed because of mistakes. and their software brings people together in a much more efficient integrated way. that is the planet benefit and the bottom-line benefit. jack: john streur thank you

very much we'll be right back with actionable ideas from the roundtable. at fisher investments, we do things differently and other money managers don't understand why. because our way works great for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide? cookie cutter portfolios? nope. we tailor portfolios to our client's needs. but you do sell investments that earn you high commissions, right? we don't have those. so, what's in it for you? our fees are structured so we do better when our clients do better. at fisher investments we're clearly different.

jack: and barron's tradition we want you to go into the coming week ready to make your next move so beverly, carlton and then we went one actionable idea from each of you. beverly you're sticking to esg? >> i am that is on the top of our most sustainable list i think it's a really interesting tech. it was only 28% leicester so there is definitely room, that is largely due to china. 20% of its revenues from china, but that is actually huge opportunity for them. china has a stated goal of expanding its biotech and life sciences business but they also don't plan on building any tools.

jack: "when you're picking a very unloved stock. it's a hated stock. >> hated, few want to come back story you have to look at the stock that's been pressured at scone down from its business last year. the avenue ceo, you have a lot of assets that can be sold some great assets i'm not so great. it's about streamlining it's about paying down debt and it's about keeping those dividends healthy. jack: this is one of buffett's biggest mistakes i hope you are right. then, you are also could terry and gm. >> this company reported earnings this week and did well. but it's also the sweet spot here. it's not as overpriced as tesla comment traded just six times the earnings so it's cheap. also has a lot of money going into electric vehicles and autonomous driving. it has its crude division which is $19 billion in the private market. you look at it it's just really well position. he can go up a lot from here. jack: it six times earnings

compared to tesla's 85 in the markets three times. to read more check out this week's edition of barron's.com indefinite follows on twitter at barron's online. that's all for us, see you next week on barron's roundtable. activity. [♪] lou: good evening, everybody. president trump's week of winning rolls on. the president began this week setting a record for an incumbent president in the iowa caucus. tuesday the president addressed the state of the union, focusing on his historic administration achievements, and the blue collar boom. wednesday the president acquitted in the u.s. senate of the charges brought by the radical dimms and their impeachment farce ending a year