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tv   Mad Money  NBC  November 17, 2016 3:00am-4:00am CST

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>> i don't accept it. >> cheers. love you guys. >> morecans watch nbc news my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make money. my job is not just to entertain but to teach, educat put it in perspective. so call me at 1-800-743-cnbc or tweet me @jimcramer. there are wacky bids underneath all over the place, and they're making for a far more orderly stock market retreat than you might expect after this remarkable rally. hence why the averages have failed to get crushed, which is what you'd expect after a move of such great magnitude, right? dow backsliding 55 points.
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it was indeed a benign selloff. before i give you some examples, let me explain the concept of bids underneath because this is a technical term used by professional money managers. i want you to understand this stuff. these professional money managers have actual experience in buying and selling large chunks of stock. they don't just do the analytical research about why a stock should be liked or disliked. that's what we usually talk about on "mad money." now i'm going to talk about trading mechanics. stock sinks, there are people who are ready to stand there and do some buying. in short, buyers are lurking and they're ready to pounce. how do you know they're there? if you're an institutional trader, you're often asked for what is known as a picture, meaning what is the actual supply and demand balance in a given stock before you pull the trigger. so what does that picture look like with a lot of stocks in this market? let's start with the first
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disney. see, if i wanted to buy disney in size -- and that's another technical term that means if i wanted to buy, say, at least 100,000 shares of disney, that's size. i would ask my trader for a picture beforehand. they'd ask around to various brokers, and in this case they're likely to reply, jim, it's much better to the buy side, meaning there are more buyers lined up to purchase the stock than sellers above willing to let it go. a nice move since it reported, that's a very encouraging sign. it tells you that just because disney stock has rallied a great deal, it still hasn't turned off the buyers and still aren't huge sellers above. now, if the stock comes down, these buyers will be ready to snap it up. why? because they're lurking underneath. so my trader would come to me and say, jim, it's so much better to buy that we might actually have to pay up. translation, if i really wanted
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100,000 shares, i'd have to bid aggressively, meaning i'd have to get in front of other buyers by putting in an order above the lurkers. and if there were tons of equally aggressive buyers, i most likely have to lift the offer -- my final technical term -- meaning i'd have to move the stock itself by paying up from the last sale and taking whatever stock's out there for sale, even if it's all the way up, to get in my 100,000-share order. and that's how demand overwhelms supply. it's how stocks like disney can go ever higher even on a down day. it rallied $1.42 in that process. the lurkers stopped lurking. they paid up. they lifted offerings, and they took the stock. so what transpired at disney to make traders want to lift the offer and move the stock to get their order filled? why were they so willing to do it? a week ago this stock was swooning on concerns that espn's business was losing subscribers. these concerns were not alleviated by disney's earnings
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but in the q&a portion of the conference call, which is often the most important part, ceo bob iger said he was feeling more bullish about espn lately and that there were encouraging signs connected with the business. today deutsche bank upgraded disney from hold to buy because of those encouraging signs, giving big buyers the conviction they needed to step up from where they were lurking, lift their offers, take the supply, and move the stock. so even when the market turned down, this stock didn't lurkers underneath and the more aggressive buyers who decided we can't wait any more for disney's stock to come in. the opportunity was just too great. they didn't want to miss it, so they took it. another example. two weeks ago, there was a lot of tepid praise for the quarter reported by starbucks. in fact, after initially rallying, the stock pirouetted, ending up retreating about and buck and a half. 52 bucks it traded down to, only slightly above where it was when there were rumors that the quarter would be weak. a miss. now, though, starbucks has
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the picture looks a lot better. how much better? one of my favorite technicians, bruce kamich of real money, where i blog, actually changed his tune today on starbucks and said the momentum is now with the bulls. that's those lurkers paying up even in a down tape, meaning the stock market going lower, saying that whatever people disliked on the call may be less relevant than all the good that's going on, especially in china as ceo howard schultz told us right here when he came to the show. then there's tjx, the discount retailer. yesterday this company gave you a totally bullish conference ll although management still gave you its famously cautious guidance. somehow this time the guidance was viewed as gospel, but buyers were lurking underneath, no doubt recognizing the tjx didn't mean things were going off the rails for the holidays. today the sellers didn't come back, forcing the lurkers to lift offerings and take the stock ever higher. it closed plus $2.90. this was the same stock that went down yesterday.
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lurking. how about uber discounter target? the giant chain had missed projections for the last couple quarters, and when cvs reported its miserable results, it mentioned its stores within a store pharmacies in target, not doing that great. so the stock of target didn't participate in last week's great retail rally. in fact, it was heavily shorted or bet against going into today's report. but, bam, it was a strong report, and those who wanted to buy it were in a furious battle. it was like hand-to-hand combat. furious battle with those who wanted to cover their shortages and the ones who were betting against the company had gone awry. the result? the stock rocketed up more than 6%. oh, and make no mistake about it. the guidance was so good that i expect a second-day move, and the lurkers underneath will probably have to pay up again to get in their positions. there are lots of stories like that out there these days. people were perplexed about the recent results from illinois toolworks and cummins and caterpillar, so they sold those stocks down when they reported. but ever since the election,
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they end up being frustrated and lifting offers. you can see the positive action pretty much every day. what looked like obvious instances to cut and run turned out to be classic buying opportunities because of the trump rally. remember, this market regards trump as builder in chief even if today he had to take his name down from a myriad of buildings because of the obvious conflicts that come with being president. i call that a high-quality problem. by the way, i can't believe how much caterpillar must be killing the short sellers here, who senses that nothing was going to get better for this machinery strong dollar, right? giving its foreign competitors like komatsu a real edge. but that was before trump's election. now post-trump, cat's widely held as the stock to own. why? because maybe trump will make the federal highway administration use only american equipment if it's going to get the money it needs after trump issues the $500 billion, 30-year make american highways great bonds. it could easily happen. by the way, it's my plan. i'd like to get some credit for it if it's adopted. let me give you one more example
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money," what did i do? i said, hey, there's this company. its stock is too high. nvidia, right? i said maybe it pulls back. i said it's becoming the new intel of this generation, the semiconductor company for gaming, data centers, machine learning, artificial intelligence. the stock had just moved up 20 points on the best earnings beat of 2016. all i did was say i don't think it's done, but that it should come in. i saw there had been buyers lurking after that run. i sensed that they would be impatient if it didn't pull back. but even as much as the nasdaq opened lower today, nvidia hung in. it was unchanged. next thing you know, the patience wore off the lurkers and they frantically started lifting offerings, and that's how the stock finished up more than $5 on nothing. no news. ever since the trump rally began, that have been buyers lurking underneath pretty much everywhere. when the s&p 500 futures might drive stocks down off of some event, they prop up the stocks that they're lurking under.
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and the buyers start to compete with one another, pushing these stocks higher. here's the bottom line. buyers just can't wait for this market to come down. they're stepping up each day for a host of stocks. the result? i always say at the end of the show there's a bull market somewhere. right now there are almost too many to count. elaine in new york, elaine. >> caller: hi, cramer. thanks for taking my call. for about a decade, i've owned teva pharmaceutical, an israeli pharmaceutical of generic and specialty drugs. it's done quite well, but the la disappointing. i'm wondering whether possible drug deregulation plus retiring baby boomers and medicare's desire to control costs via generics all might give more upside or whether the risk of trump's tariffs might mean more downside. >> elaine, i got to tell you. a lot of guys downgraded this stock today. generic issues. they paid $40 billion to allergan which owns 10% of the company and has been crushed because it owns 10% of the company. so i say teva, i don't know.
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i would sell some tomorrow. there is something -- this is not working out. bob in new york, bob. >> caller: hey, jim. how are you? >> i'm good. how about you? >> caller: not bad. first of all, you're our family's financial gps. wanted to let you know that. >> thank you. >> caller: and over the past week, visa has taken quite a hit. i'm thinking in terms of a trump administration, but quite frankly in any environment, visa seems like a company that would thrive unless the fundamentals of the company have changed, and i don't see that. >> bob, it's total flawed funds. here's what happened. visa, mastercard, and american express, they're considered to be faux financials. they're what you buy when you don't like the banks, but you want to show that you own financials. well, if the banks are good, you got to sell something. so they're selling the faux financials. i agree with you. my charitable trust thinks visa is a buy down here. i think you're right. patience. dorothy in massachusetts, dorothy.
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good to talk to you. >> same. >> caller: i need some of your wisdom, jim. i want your opinion on two stocks if i may. >> two. >> caller: first one is new york mortgage trust, symbol nymt. the other one is empire state realty group, esrt. what do you think, jim? >> not a fan of either. you're reaching for income. i don't like to reach for income. i know people want to get that yield, but i don't like to do that. i think these are red flags. if you want yield, you got to stick with some of the higher quality real estate investment trusts that we talk about or at this point, because i think interest rates are going higher, maybe just wait. you're going to get a chance for better yield. all right. they're there, right under the surface. they're lurking. they're the buyers and they're putting bids in underneath a ton of stocks in this market. on "mad money" tonight, shares of the so-called netflix for textbooks, chegg, haven't been putting up perfect marks since its ipo.
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i'll ask the ceo. then warren zevon once sang, "lawyers, guns and money." i'll tell you what that tune has to do with the trump presidency and your portfolio. and helping thousands of businesses have a bigger presence online. can wix help you score some clicks? i'll surf with the ceo. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something?
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rs. let's end this. we live in a world where more and more of your life is going digital. you can order virtually anything via amazon. you can tweet an emoji to get a pizza delivered. you can monitor your heart rate via a smartphone app. lately even education at last is starting to go digital after spending years still stuck in the stone age.
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transformed itself from a textbook rental service into a provider of digital services for students including everything from online homework, getting scholarships, selecting classes. last week, chegg reported one of its final quarters before the transition is complete. they delivered a higher than expected revenue and a smaller than expected loss. we last spoke with chegg's ceo in february when the stock was trading at $3 and change, and all but a few of us had given up on it. since then, it's given us a phenomenal 127% gain. we got to ask can it keep climbi? first analysts day ever. so let's check in with dan rosenzweig. he's the chairman and ceo of chegg. mr. rosenzweig, welcome back to "mad money." congratulations. >> thank you, mr. cramer. >> all right. you came here last time. it was a tough time last time, but you said don't give up hope. and we said, no, we're not going to because you have a smarter way to student. >> we do. first of all, i want to thank you for the opportunity as a small cap company to have somebody like you give us a forum to explain the transformation. it makes a big difference to us
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>> you're quite welcome. >> things are going extraordinarily well. look, every business is being transformed. education has taken a long time to do it. but when you look at what's going on today, which is the demographics and socioeconomics of the student today is different. there are more non-white students than ever going to college. 72% of all college students have to borrow money. 25% of all college students have to take a class in writing or math just to be able to start to get credits. >> where does chegg make its fees in this, and how does it use chegg? >> well, clearly when they self-report, 90% say they get a better grade. 84% say they master the subject better. so what we do is help them pick the right college. once they're in college, we save them money on textbooks. that was the original business. but we're building this giant student graph, which is where you went to college, what your class is, what your major is, what your grades are, where you struggle, when you need help, what your interest is professionally.
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through subscriptions and through e-commerce, and the business is growing at an extraordinary rate right now. >> one of my favorite ones is for career. how does my major affect my career choice? i can't tell you how many people say, if i major in x, what will that allow me to do? i mean they shouldn't have to ask. there is no forum. this is it. >> you know, it's amazing. given that $10 billion is spent annually to recruit kids coming out of college, there has never been a site for it. there's never been data for it. so we now are building the opportunity to be able to say if college and you put in your major, we'll tell you where other kids who went to that college and took that major, what their career paths have been, what their earnings have been, how much money you can borrow in order to do it. we'll match you. we'll tell you which skills they require for the job you want, which skills you've got, and which skills you're missing and then match you to that skill. no one has ever done this before. >> no. you're catching people at the high school level. have you found people go all the way, high school through college, and then go through this career counseling? >> we have.
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month. it starts in middle school because we have writing help. we have easybib and things like that. >> i should mention that. this is imagine easy solutions that you bought earlier this year, and i think that was even since we've talked. so you should say something about that. >> yes. so imagine if you have a college kid or even a high school kid or middle school kid, the chances are they use easybib which does your citations and bibliographies. 1.4 billion citations are already in the system. 30 million students or 30 million people use it a year. it takes what used to take ho citations and bibliographies, and does it automatically. but what we can learn about you is what class you're in. what paper you're writing tells us what textbooks you use and then tells us whether you know how to write. do you understand sentence structure? we can actually teach students to write now. >> what i thought was interesting is it's got anti-plagiarism. how does that work? >> it does. the funniest thing is if you talk a little bit about the election, when melania trump gave that speech, we were able to know within five minutes exactly where that speech came from because we were able to put
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through everything and because we have that 1.4 billion citations, it can actually read it, use this technology. it's algorithms and identifies the original source. >> at college, one of the jobs i had was i actually had to check for plagiarism. that was a paying job. i was desperate for money. that job is gone with chegg, right? >> that really is "mad money." >> but you don't need that with your software. >> no, you don't need it anymore. what chegg wants to be able to do is help you every step of the way. so our homework help, our chegg study, which is our most explosive product, it actually gives you step-by-step solutions. it has this giant expert answer network. 7 million questions have been asked and answered. 3 million new questions get asked a year. we answer within four hours on any new question. everything we're doing is trying to help the student get a better grade, learn the subject, master it and get a job. >> one thing is for certain. even in the time since i've know you, the total addressable market of the company because of all these additions -- >> much bigger. just the learning services online alone, 88% of college kids already use a service outside the classroom online to
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science -- just think of it all -- is $30 billion. >> wow. >> so our market went from just textbooks, 8 to 10, to 30 on a much higher growth, much higher margin and much more profitable business. >> well, you've made this into a much bigger and better business in the time since we've been talking, which is why the stock doubled and i think can go up far more from here. that's dan rosenzweig. he's chairman and ceo of chegg. 127% gain since last time here. i don't think it's over. "mad money" is back after the braid. most surprising outcomes of president-elect donald trump's rise to power. one group of stocks has been soaring, but is this unexpected rally for real? cramer finds out when "mad money" returns. jack be nimble, jack be quick, jack knocked over a candlestick onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance.
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or, take mucinex. one pill fights congestion for 12 hours. guess i won't be seeing you for a while. why take medicines that only last 4 hours, when just one mucinex lasts 12 hours? let's end this. we've talked a lot about how donald trump's stunning victory has caused a massive rotation in
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stocks that benefit from a democrat holding the white house and swap into the stocks of companies that thrive when the republicans control the whole federal government. so far we've seen some very extreme moves. the bank stocks have come roaring back. hey, some of these were up about 15% until today's selloff. and the industrials are on fire. while they've already run a lot, i think these rallies make perfect sense. sometimes the pendulum does swing too far, and there are a couple of groups where i think to the election. i'm talking about the private prison operators and the gun makers. the prison stocks have rallied harder than any other group after trump won because both president obama and hillary clinton hated the for-profit prison business while the gun makers got slammed. that may seem counterintuitive. but you have to remember that gun sales surge whenever a democrat wins the presidency as people try to buy weapons before more restrictive gun control
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republican sweep, though, firearm aficionados don't feel the same kind of urgency. they know nobody is going to try to take away their guns now, so they can afford to take their time buying new ones. while there's some logic behind the rally in the private prison names and the hideous decline in the gun makers, i feel this is a case where you don't want to take your cue from the crowd's immediate reaction because to me, the crowd seems to be very short-sighted. let's start with the private prison stocks, which had some the two big publicly traded prison plays are corrections corporation of america, which is in the process of rebranding itself as corecivic and geo corp. the day after the election, geo rocketed up 21%. that rally continued with the stock tacking on another 5% over the next couple of sessions. but corrections corp. was even more extreme. its stock shot up 43% last wednesday, rising from 14 to 20. since then it's advanced another few cents. let me give you the background on these companies, explain whey they acted so shockingly to
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corrections corp. is structured as a real estate investment trust. it's the nation's largest owner of correctional, detention and residential re-entry facilities. geo group is another real estate investment trust that owns, leases, and operates prison and detention centers. just to give you some context, if you've seen the last couple of seasons of "orange is the new black," they were a pretty vicious critique of this entire industry. in the context of presidential politics, both corrections corp. and geo group put up some terrific performance the last time we had a republican in the and at least for a while, they did pretty well under president obama too. however, both stocks peaked in early 2015 as the industry started to come under scrutiny. they get paid per inmate. so, for example, some judges have been caught taking bribes from private prisons to give people the harshest possible sentences. you can see how there might be some perverse incentives for some of these operators. that's why this past august, the obama administration announced
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phasing out the use of private prisons. wow, that's a big chunk of business for these companies, which is why corrections corp. fell 35% on the news and geo group plummeted. that selloff was probably an overreaction since these companies make most of their money from the states. now, fast forward to a week ago after trump's surprise election win, and these two stocks snapped right back. the reason? some of it is because trump ran on a law and order platform. but mainly it's about illegal immigration. corrections corp. and geo group both have major contracts with i.c.e., immigration and customs enforcement. given trump ran on a platform of mass deportation, that could mean a lot of additional business for these companies. i've got to wonder, is geo group really worth 20% more because trump was elected? is correction corp. really worth 40% more? trump has already started
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so far he's said they're only going to start with illegal immigrants who are also criminals. it the not clear what he'll do after that. plus obama has actually been very tough on illegal immigration. he's deported more people than any other president in history. second, while criminal justice reform is often seen as a democratic issue, it's one of the few years where we could see some bipartisan compromise in washington because a lot of republicans want to fix the system too if only because we incarcerating non-violent offenders. so if they're looking to cut costs, i wouldn't be surprise if they start with these private prison contracts. granted a trump presidency is definitely better for private prisons than a clinton presidency. well, certainly. after all, she campaigned against them. but in the end, these companies have very high debt loads. they don't have that much cash and they won't have sky high dividend yields, which i see as
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corrections corp. has a 10.5% yield. geo group has an 8.5% yield. and whenever the yield is that high, you need to be very concerned that a dividend cut could be in the cards. worst of all, while they may not be shawshank, they're both on the wrong side of public opinions. far post-election, i think the gun stocks sold off way too hard. sturm ruger plunged last wednesday. that's a 14% decline. then it sank to 48 on thursday for a 12% decline. although since then it's bounced back to 51%. meanwhile, smith & wesson lost 15% of its value last wednesday and tumbled thursday. however, smith & wesson bounced
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still sitting there. the story with the gun makers is much easier to understand. as i explained earlier, these stocks always rally in response to anything that might cause more gun control legislation because it makes many people want to buy lots of guns while they still can. for example, every time there's a mass shooting, the guns stock surge higher since these terrifying events make the public clamor for stronger firearm regulations. for the same reason, both gun stocks have been rallying going hillary is pro-gun control. when trump won and the republicans kept both houses of congresses, these stocks plummets because there's no short term reason to buy lots of guns. that incredibly short-sighted. while fears of gun control laws might bolster sales in the near term, any actual gun control efforts would hurt these companies long term. but now we know that's not going to happen for the next four
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and however you feel about the politics of it, and remember, we leave that at the door here on "mad money." it just doesn't help us. we know that what happened is ultimately long term good news for sturm ruger and smith & wesson. plus given the recent selloff, both stocks are very cheap at these levels. so we have to make decisions based on the stocks. you might not want to buy a gun, but what i'm saying is the stocks are cheap and if someone wants to try to make money buying gun stocks, that's fine with me. here's the bottom line. after trump's surprise victory, the private prison stocks roared higher, but i don't think a trump presidency fixes their long term problems. meanwhile the gun sales got slammed. they may not get a short term bounce, but they've got long term stability, especially smith & wesson, which has fallen way too hard since the trump rally that is so far eschewed these stocks.
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ricky. >> caller: yes, sir. jim. war eagle, ak steel, us steel. what do you think it's going to do since trump's president? >> these have had a big move. they also have the same time have better opportunities if we do put some more tariffs on asian steel that's being dumped. i think you have to wait. when the quarter is reported, i don't think we're going to be excited about the stocks after they've had such a big move. i think you got to wait for a pullback. after this particular phase of the rally wears off, you might be able to get both these stocks cheaper. i prefer to own nucorp, nue, and that i would buy even though it's had a big move. i'd buy that right here and buy more lower because you're buying quality. eddie in new york, eddie. >> caller: how you doing, jim? it's eddie from oceanside new york. thank you for taking my time.
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>> caller: the question is i own philip morris and i notice since the election is over, the stock has been going down. i've been in this stock over 30 years. i reinvested dividends, which is a good thing but the stock has been going down and i can't seem to find a reason why. >> i'm glad you called me, eddie. the reason why they're going down is because they are regarded as bond market instead of buying bonds, people buy those because it's steady, slow growth, but they pay a good yield. now as the interest rates go higher, people would rather own bonds than they would owned the dividend extreme that comes from those tobacco companies. that's why they're going down. i say they're fine. as a matter of fact, i think p.m. is very attractive here. the market is a lot of things but nobody ever said it's a completely logical beast, at least in the short term. i think we've seen overreactions to trump's surprise in the big
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the gun stocks. i'd be wary of investing in prisons. the gun stocks are beginning to show some real value. much more "mad money" including my exclusive with the ceo of wix.com. has it figured out a template for profits? then despite today's decline, does the post-election rally continue to have legs? and dial for dollars. i'm taking all your calls rapid fire in tonight's edition of the lightning round.
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while many tech stocks fell out of favor after the election, most investors started selling them as a source of funds to buy the kinds of companies that are likely to thrive under a trump administration. there were some exceptions that managed to keep roaring higher. take wix.com, the cloud-based web design company that helps individuals and small businesses create their own websites. here's a stock that's more than doubled for 2016. it's up more than 70% since we
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wix has been able to buck the rotation out of tech in part because they reported a very strong quarter last thursday. the company delivered a smaller than expected loss with higher than anticipated revenue. management raised their full year forecast for 2016. that's why the stock jumped from 42 up to 47 on the news. they offer free service where they'll help you build a website and they also sell premium subscriptions where you get to use more advanced features. it seems like business is doing very well here. so we have to ask can the red hot stock keep roaring through the end of the year. let's take a look with avishai abrahami, the co-founder and ceo of wix.com, find out more about how his company is doing. welcome back to "mad money." good to see you, sir. you created quite an impression when you were on last, and i know a lot of people bought the stock and a lot of people went to the website because they wanted to know how to design their own site. 94 million people?
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absolutely. >> that's dramatically more than you when here last. >> we're going very fast. the more you get a product better, there's more room to grow. >> people can go to the site and see all the plans. i was most intrigued by something you didn't seem to be emphasizing, which is this artificial intelligence wix. >> yes, absolutely. we launched a new product called wix adi, i artificial intelligence that helps you design a website. we learn what works, what don't work. we take that information, using really sophisticated algorithms. it's super fast. you can build a website within five minutes in this technology and it will look good and work well. >> the reason i ask is i'm sure people who design their own sites and everyone likes a bargain, but they may be doing
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say, immediately, that has cut back business when you do that. >> what it does is it will not let you actually build the wrong things. it will build for you the right things. and in some places we just say the conversion, making our customers' businesses more successful. it's a new product, still very young. it's going to be incredible. >> when i looked at it, i said that's kind of what you really need because you will make mistakes. is once you're in, there's no churn. >> well, we have negative churn. we actually get more people -- >> which is pretty amazing. >> people at wix five years ago, they actually have more websites active than they used to have. we actually have negative churn, which is really good. >> 40% growth, that must mean every single country around the world is involved. >> 198 countries for now. >> 198 countries. >> which is pretty much everywhere except north korea
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get in. some might go with the $5 version where you can put ads on. but you say the most popular is unlimited. that's $14 a month. why are people selecting that? >> i think that it's the combination. it's got unlimited bandwidth, it makes you really build a business on top of that. i think the total value of that, which is unlimited, hosting unlimited trfi what brings it. >> you also talk a lot about how people get started pretty early now. i know my daughter, a student, knew wix, said this is how you do it. students use it. >> i think what we've seen in the last couple of years is we're actually now being taught in many, many schools. so high schools and colleges will actually -- wix is part of what you learn at school. and we actually go all the way to people like in the third and fourth grade that actually do homework on wix in some places.
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>> that's something you understand. you get hooked, though. >> well, and we also look at it that's what signified how easy the platform is, right? >> let me ask. people out here that are craft people. one of the largest companies happens to live near me in book lynn is etsy. i have to imagine etsy is filled with customers of wix. >> i think a lot of people use etsy and at some point want to grow beyond being on that website. and we have a lot of people who do both. it's not a competitive business. one is supposed to bring you your customer and the other is growing your brand. >> you're running your restaurant and changing your menu items. what program is the right one? >> well, we have one more restaurants, which is very similar priced. then you have ordering and online menu. >> you can press a button and it goes right to the restaurant? >> exactly. you can order everything from
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they're fully online managed for that. >> i got to tell you it's a remarkable story. when i first heard you, i said this is it because people don't know how to do it. they can pick out they want to do it. artificial intelligence. that's avishai abrahami, the ceo of wix.com. i'll tell you this artificial intelligence thing is very, very exciting. "mad money" is back after the break. no burning here. try alka-seltzer heartburn relief gummies. mmmm. incredible. can i try? she doesn't have heartburn. alka-seltzer heartburn relief gummies. enjoy the relief. ? harry's meeting clients from far away.? ? but they only see his wrinkles. ? ? if only harry used some bounce, to dry.?
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my cold medicines' wearing off. that stuff only lasts a few hours. or, take mucinex. one pill fights congestion for 12 hours. guess i won't be seeing you for a while. why take medicines that only last 4 hours, when just one mucinex lasts 12 hours?
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>> it is time! it is time for the lightning round! that's where i take your calls rapid fire. you tell me the stock. i tell you to buy, buy, buy or sell, sell, sell. we'll play this sound -- [ buzzer ]
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are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." i want to start with tony in new jersey, tony. >> caller: booyah! >> booyah. >> caller: how are you doing, jim? listen, church and dwight. in the past 15 years, every five years that stock price has doubled or more than doubles, but it seemed to have stalled out now. >> it's out of favor. people want to own these big industrial cyclicals. they think the climate is going to be better. that's when we put church and dwight away a little bit at a time on the way down because long-term forecast. you are right. joe in massachusetts, joe. >> caller: jim, a big boston booyah to you. i'm calling about the company high max technologies. >> too high risk, my friend. way too high risk. we're not going to go there. i've seen that company miss a bunch of times. if we want integrated circuits, we're going to go with broadcom. let's go to terry in west virginia, terry.
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booyah. my stock is bank of america. >> bank of america, thank you for sponsoring some of that brooklyn historical society. fantastic educational event last night. i think it's a buy when it gets to 18. it's had a big run here. let it pull back only a dollar. those who are aggressive, you can buy it here. by the way, they also say that morgan stanley is very cheap too. let's go to chris in california, chris. >> my stock is newell brands. >> newell brands is liking like church and dwight which we talked about earlier. it's acting like all the different. don't expect instant reaction, but remember when we had mike polk? it's a longer term. mike will deliver. mike has delivered before. mike will deliver here. let's go to rick in florida, rick. >> caller: booyah, jim. >> booyah. >> caller: december 1st, ulta
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earnings. what your thoughts? >> my thinking is the stock has spent enough time in the penny box. mary dillon has done a fantastic job. i think it's a buy at 240. it's one of those companies that has got thrown away because it doesn't make machinery. there's no hurry. let's go to slavko in illinois, slavko. >> caller: jim, how about a big chicago booyah? >> why not, right? right back at the booyah. what's up? >> caller: man, here's my company, heska. >> i'll see your heska and i'll raise it with idexx labs. the ultimate companion animal company. that's where we first heard about the theory of the humanization of pets was idexx.
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chuck. >> caller: booyah, jim. >> booyah. >> caller: i acquired some lucent years ago, put it in a drawer and forgot it. now it's nokia. i'm 70 years old. does that have any upside in my lifetime? >> you got a big drawer full of other stuff you got to forget about and that includes nokia. that's in the no fly zone. i'm sorry. let's go to steve in florida, steve. >> caller: hey, jim. greetings from one brown derby happy vip to another. >> okay. how about a stock? >> caller: how are you? >> i'm good. how about you? >> caller: i'm good. i purchased a stock kiwi, and it was doing well until russia invaded ukraine. >> it's from cypress. we're not going to mess with that. if we want payments, we can go either western union, which i
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and that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by td ameritrade. the decision to ride on and save money. he decided to save money by switching his motorcycle insurance to geico. geico motorcycle, great rates for great rides. un-stop right there! i'm about to pop a cap of ?mmm fresh? in that washer with unstopables in-wash scent boosters by downy. because this scent lasts up to 12 weeks, which is longer than any relationship i've ever been in.
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it's been a little hard to get your head around what's really driving the rally we've had since donald trump won the election, isn't it? i mean is it because we're more laissez faire, maybe make the government get out of the way business can do its thing? in large part, the trump rally has been tough to quantify because trump himself is a political oddity. in a typical election, you've got a democrat who wants lots of government spending, helpful to the economy, but also lots of regulation and higher taxes, unhelpful to the economy. then you've got a republican who wants tax cuts and deregulation -- helpful -- but they also want to take a hatchet to government spending. unhelpful. trump, though, wants tax cuts and deregulation and more spending, which is an unusually positive combination for growth,
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propelling many of the large capitalization stocks we follow higher. but how about the small cap stocks? they're also on fire. this one's on trump too, i think, because there's another big change coming that people aren't spending enough time talking about, and that is the deregulation story. i can't speak for the american people, but i know that business owners are sick of washington getting in the way. they're tired of complicated new rules and changes in health care policy and taxes that make them want to export jobs overseas to places like mexico, where they the price by the way or maybe make them fear expanding their businesses entirely. the stocks and small capitalization companies are roaring because they can least afford the endless rules and regulations that the obama administration has put out. i don't like talking politics, but i founded many businesses myself and i can tell you that small business owners deeply fear the government. it's hard to think of a thing that government does for you.
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business owner, as i am, there are too many rules and regular laze, and too many people you need to pay to figure them out for you, too many lawyers and accountants and services you need. you got to pay them simply so you don't screw up with the government. i think these small cap companies are generally much closer to the kind of situation i find myself in both as a director of a very small company, the street, and as an owner of an inn and running a bar. if you're running a small bids like those, you don't want to do anything wrong to the point where you don't want to do anything, including expand. it's easier and less risky not too. now, look, i know the president doesn't write all the rules. they keep popping up, many of which happen at the state level by the way. some of them are way too deep to uproot. and obviously some regulations are good and even totally essential if you don't want to end up living in an upton sinclair novel. but for the last eight years,
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government has been focused on protecting workers and the environment and consumers, even if it means less job growth down the road. now, look, i totally get where president obama was coming from. he took over during the financial crisis, which was partially cause by the bush administration's ridiculously laissez-faire attitude. so obama wanted to figure many of the things that went wrong, hence all the new rules and regulations. the problem is these regulations also make it harder for business to grow, and growth is what makes capitalism work better for everybody. a wave of deregulation is good news for the stock market. that's why i think the trump rally will have legs over time. a business person in the white house who built his career on expanding his business isn't going to suddenly change his stripes. the market has lapped up the new ethos. you know what? judging from the rhetoric so far, it may be a worthy foot race. stick with cramer. what are you doing right now?
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e cake, i just see mess. it's like awful. it feels like am not actually cleaning it up. what's that make mommy do? (doorbell) what's that? swiffer wetjet. this is amazing. woah wow. now i feel more like making a mess is part of growing up. only new wetjet pads have absorb and lock to soak up tough messes and lock them away stop cleaning. start swiffering. mom's got this cold. hashtag stuffy nose. hashtag no sleep. hashtag mouthbreather. just put on a breathe right strip. it instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers.
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i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money." i'm jim cramer. see you tomorrow! >> i know many of you are deeply disappointed about the results of the election. i am, too! >> but that's not all hillary clinton said in her first comments since the concession closer to naming key cabinet post with new names being floated. the police officer who has been now criminally charged in the murder of orlando castile. hundreds hospitalized from dangerous smoke. is there relief in sight neighborhood, find out why bob dylan is skipping his nobel award ceremony.

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