tv Mad Money NBC February 6, 2016 3:00am-4:00am CST
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"mad money" starts now. hey, i'm cramer! welcome to "mad money." welcome to cramerica, and welcome to our last day out here in san francisco. and, boy, are we closing it out in a big way. other people want to make friends, i'm just glad this day's over. my job's not just to entertain, but to put it in context with what's going on with swelling. call me or tweet me @jimcramer. calm down. think before you act on both sides. the sellers and the buyers. this is one of those declines that's both creating bargains and crushing you at the same time, and i know you need to remember this. this, too, shall pass. yes, we got hit with one more ugly day. the dow plummeting 212, nasdaq nose diving an astounding 3.25%.
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annihilated beyond all reason, just laid to waste. maybe they haven't found a bottom. linked-in collapsing 44%. tablo soft wear down 49%. those were darling. the spillover to all the high growth stocks from sales force.com to adobe. many of the growth stocks are being punished excessively, it's too early to start to pick up among the rubble. this has become a verizon market to mention a solid company with a good dividend whose ceo will be speaking to it later in the show. this is a defanged market that's taking it right to facebook, amazon, net book and google. i'll get to my game plan in a moment. we're in a rolling bear market. i talked to you about this before. whole sectors are being revalued negatively down on the fly just as one group starts to recover, another one goes into free fall. they've taken apart the oil company. they've parsed the commodity stocks, they've obliterated the pharmaceutical, pummelled the retailers.
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pulverized. i want you to get your head around this hideous action. for once it's nothing to do with the fed, the dollar, presidential politics. the latter, presidential politics still a toxic storm in the side of the beleaguered politics. no, this is a shooting range, people where high growth tech stocks are the target because thee two companies, this linked-in and that tablo software, they've tarred and feathered their weakened groups with their terrible numbers. were they terrible? why does it matter? i'll tell you why. linked-in and tablo are being used for everything internet, social, mobile, cloud, connectivity and analytics. all the good stuff that people have loved for so long that they've turned, tablo soft care is a good collector and analyzer of your data.
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fact that it's not cloud mobile. this is a market cap stall lieization of $3 billion down from 6 billion 24 hours ago. it has 600 million of sales. they're losing market share in a competitive space. linked-in though, linked in's the real deal. it's a social, mobile, cloud company that came right out in its conference call last night and said the world is slowing, particularly europe and asia. nobody expected this from a high growth company that's riding a sector of the waves beyond most all companies. linked in, to say this, it's pretty clear that the action in europe must be big. we know the european banks are terrible. that's something that's very much arrived across the atlantic. we know that asia slowed. they're telling us chinese are going to pizza hut less because of the weakness in their economy. we get that. people who sold linked-in today interpreted this quarter as signaling that the internet, yes, the whole internet and all
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saturated, slowing, possibly going into a recession. the interset. now i don't think that's true. what is this, 2000? more on that in a moment. it doesn't matter what i think. there's something else at work. more damaging, more crippling, more dangerous and that's the case of the weakened ownership. simply put, there are many large hedge funds and mutual funds with lots of exposure, meaning they own a ton, to high growth stocks like fang, adobe, sales force.com and they've been losing fortunes since the new year began. right now i believe they're getting redemptions or they're simply panicking and selling which means you can't just come in and buy the stocks without accepting some real risks, risks that linked-in might be right, the growth tech companies aren't doing nearly as well as we thought they were or that the selling would drag on and on regardless of the fundamentals. both of these are wholly unsavory choices. the companies are doing well.
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what's important here is that the major owners are wounded so they're selling and much of that selling is forced. why does this weakened ownership matter? et cetera let's go on to our game plan so i can explain. monday, yelp, good company, great franchise. admittedly some of the big dogs like google have decided to eviscerate yelp. what do you pay for the stock of a company like yelp? social, mobile, cloud, very hard to value because yelp is valued on the momentum of its listings, not its price earnings multiple. right now it doesn't have enough momentum. it's very expensive on earnings even after declining 8% today. in other words, yelp is stuck in a brutal world war i like no man's land. that's a tough place to be. why don't you contrast that for a moment to tuesday when coca-cola announces its earnings. coca-cola is a nice, steady business with a 3% yield that's doing just fine. is it over valued?
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no, because it's safe and safety's at a premium. coke is not in no man's land. however, then we have disney after the close. here's a stock that's all about espn signups. even as it should be about so much more given everything the underlying company has going for it. right now the bear has disney its its grips. it's a terrific company. if you can stand the pain, you can buy it knowing five years from now you won't be thinking about disney as a play on the additional espn subscriptions or the subtraction from them. right now we're stuck for the verdict. you should be ready for the stock to get cheaper after the quarter. wednesday's more no man's land. twitter. a cloud play that's slowing. linked-in showed you how to value it. unless twitter reaccelerates or puts itself up for sale, i don't see how it can go higher. thursday, we're back to what people want, kellogg's, molson coors, and pepsico. sometimes i wonder if it matters
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they offer consistent growth in an inconsistent world and they have solid shareholder base. then there's zillow. zillow. here's another internet play that we have a hard time valuing now so when it reports after close thursday i don't know if it matters what they say either. if zillow's weak on any measure, it will be by the door. not much going friday. let me just wrap things up by saying this selloff is not like the selloff, yes, i'm going to bring it up of the dotcoms in the 2000s. i lived through that period. right now there's no price that anyone is willing to pay for the tech stocks i mentioned even though a few months ago people would pay extreme amounts of these. take it from me. there's a real difference. back in 2000 we had more than 300 tech companies, ipos that became worthless not long after they became public. the companies people are dumping furiously now, they're lucrative with excellent franchises, huge cash flows. they really are riding a genuine wave of social mobile cloud and connectivity. they're not phony.
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that's why the selling has to eventually run their course. once the hedge funds are done liquidating you'll be able to buy the stocks at prices you would have salivated over a year ago. now they seem like worthless pieces of paper. trust me, they aren't. they're being revalued lower traveling from a continuum of expensive to cheap as we figure out whether business has gotten soft or the sellers are at last. finish before selling. giving you actual bargains for real growth for the first time in ages. for now though we're in a vicious bear market and it has consistent growth names with good yields. just remember, these aren't all oil companies losing money hand over fist, they're simply techies that nobody wants at the moment but the bottom line is, that will change when these high growth stocks represent better values with stronger shareholders. until then they are falling knives and unless you're a buescher block, i'd stay away from the kitchen until gravity runs its course.
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phil! >> boo-yah, cramer. >> boo-yah, phil. what's on your mind. >> >> i've been investing for eight years. where do you see apple within a few years and can that become another win without steve jobs? >> that's an interesting question. it's a rim without steve jobs. it's got tim cook. apple is a tech stock. if you noticed it, it held up better than most tech stocks. why? it's selling at a much lower price earnings multiple. verizon has been saying, you're going to get a new iterations of an apple phone later this year. you hold on apple. you made a great investment. don't trade it. own it. larry in massachusetts. larry. >> jim, you've been as strong this week as cam newton's arm. safe trip home. in light of your great segments on coach and brunswick but with
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things upscale. i'm trying to defend restoration hardware or wait for an updraft and move into something more mainstream like mast masco and stanley. what are the good things to analyze to decide whether the rich will remodel their homes? >> there's one in san francisco at a new pier. it's not as inexpensive as it used to be. thank you for the kind comment. stanley works is what my travel trust owns. been put through the mill and have low valuation. market. be careful. have no fear, this, too, shall pass. last night in san francisco so why not make it down. i've got a lineup for the record books. find be out what mark fields
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the iconic automaker. under armour snags one of the biggest stars of the year and whether cam newton will walk off levi field a winner this sunday. the prices available for the big game will set you back 20 gs. i'm talking with the ceo behind the business. stay with cramer! >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question #madtweets. send him an e-mail at madmoney @cnbc.com or call 1-800-793-cnbc.
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a wonderful new world of fords. >> since the first model t rolled off the assembly line, ford has been moving america forward. as consumer trends change, the future's become unclear. can design, digital initiatives and pure unbridled horsepower get ford back in front of the pack? >> is it possible that the automobile business is doing better than the conventional wisdom would have you believe?
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can be peaky. it's a curious disconnect now. what smacks more, recession or fantasy. i don't know which. you know i'm determined to find out for you. i think the best way to learn is to talk to the straight shooting ceo of ford motor company. it's a pretty darn good fixed income equivalent. i think mark fields, the president and ceo of ford can give us insight into what the heck is going on with ford, ford stock and the incredibly important all the tow industry. >> thank you for coming on. >> i appreciate it. >> you declared a special dividend. fixed income equivalent of roughly 7%. your balance sheet is amazing. selling at five times earnings. what am i missing? >> you know, we -- we -- when
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think we're undervalued. we think that the people are underestimating the u.s. industry. underestimating our improvement, our international operations, product lineup. we're going to stay really focused. we're going to focus on growth, we're going to focus on derisking the business and we're going to focus on rewarding our shareholders. that drives value. >> i've got your january numbers in china. 130,000? >> yes. >> best ever. >> ever. up 36%. >> yeah, best ever. not china. u.s. we know is frankly unbelievable. europe, i was very worried about it two years ago. you told me, don't worry, going to come together. came together. latin america. latin america, it's hard to imagine 295 million. it's hard to believe that could be the driver to wreck
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>> when you look at our results for the fourth quarter we're profitable in our operations. south america is a political issue, economic issue, commodity issue. we're committed there. we've been there for over 80, 90 years. commodity based economy. it will eventually come back. it's tough. when you look at the rest of our business, you're back to profitability. china now, a significant contributor to our earnings and north america continuing to be rock solid for us. we're always looking for down side risk and we're looking at it through clear colored glasses. >> a fellow from deutsch bank. ford is not addressing current or other challenges. ford management has come across as disconnected from the market's fears. what do you say to that? >> we're just going to lay out
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if you look at the fear right now, has the u.s. peaked? the next couple years can be pretty good. jobs and wages are growing. energy costs are down. inflation is low. interest rates are low. that puts a lot of spending in consumers hands. when you marry that with what we call the physicals in the industry, the oldest that the car park has ever been. in any given year 80% of the industry is replacement value. you add on top of that, housing recovering. not anywhere near prerecession levels. that's important for the truck sales. we're looking at the data. >> i'm struck, too. i come with an open hand. i see the f-150 numbers. i know you guys make a ton of money on that. that's not peeking that i can tell. >> absolutely not. we're going from strength to strength. when you look at the average age of a pickup truck in the united states, 50% of them are 10 years
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years or older. you combine that with the better gas mileage and the housing still coming back, that's the biggest correlation in pickup trails, the housing market. we think barring any fiscal or economic shock, the u.s. market will do well. we're continuing to watch consumer confidence. let's face it, consumers are being bombarded with the world is falling, are we going to fall into recession? we think the fundamentals here and the u.s. are very good. >> what is the correlation if the fed were to raise rates a couple times this year? >> well, our view is, listen, when the fed raises rates that means the economy is doing well. if they do it gradually over time, we think that's not going to be an issue. if they do it, you know, rapidly and in large steps, that could be an issue. >> well, a struggle esoterically this week. people aren't buying cars like
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licenses. got to be a worrisome millennial trend. >> we're looking at that data. it's true. millennials are waiting to get their driver's licenses. when i turned 15 i was down at the dmv getting my permit. >> you made fun of the guys, what's the matter, what's the matter? >> exactly. in terms of what does it mean for the market? it's too early to tell. there could be a more efficient use of the car park, true. you could also say there will be more vehicle miles traveled because the accessibility to having mobility with it there more, people will want it more. that could be good for the industry as well. >> look, you can just keep on returning it. you can turn the balance sheet. you survived the great recession. you're in the best position from spending that was misdirected. you buy your stock back, keep raising the dividends?
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continues to be on the table. this year we elected -- in the last two years or so we've gone back to our shareholders $6 billion. this year we decided to have a supplemental dividend because that benefits all our shareholders. that's important given the very large and diverse shareholder base we have. there's a time to be rational. that's mark fields, the president and ceo of the ford motor company. answered a lot of questions you're trying to figure out and so am i. stay with cramer. coming up, under armour athlete cam newton with a bold guarantee. >> i guarantee you this year, next year, year after that i will be putting myself in the ranking. >> i've got my end. >> have you got your end? >> right here. >> announcer: the ceo on his
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it's hard to be an athlete and not be aspirational. the best thing about our brand, we are aspirational. now it's time to perform. >> it started with a more technological t-shirt and has grown to include apps, equipment, and some of the biggest sports stars today. can underarmor stay ahead of the competition in the war of wearables and beyond. >> on a day when so many high
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pummeled, let's talk about a good one. under armour. the digital wellness company. we know is doing incredibly well. remember, after months of the retail market, under armour reported a truly magnificent quarter. it's been crushed since then. earlier today we got a chance to catch up with kevin flag, the ultimate competitive chairman, founder and ceo of under armour. take a look. >> the year of the champions, kevin. how did you identify who were going to be the champions before they were champs? that's been the number one question we've gotten. it comes back to culture. jordan spieth, stefan curry, missy copeland, tom brady, now cam newton, carey price in the nhl, bryce harper in baseball. under armour has an incredible lineup. this has to be one of the most banner years in sports marketing. >> i start because isn't that some of the secret sauce how you
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72 degrees, you don't have to worry about the right clothes. >> true. >> it's about ethos, it's about being human? >> it's about you've got to produce. i mean, our competitors, they're shooting three, four commercials and picking the one they like best after they go ahead and they focus group, look at it. we've got one shot and the shot better be right. i'm not saying it's right all the time. we've missed. we've certainly done that. you know, one of my favorite quotes is the harder we practice, the luckier we get. you know, we'll keep working on it. the athletes have a lot to do with it. there are some great stories. >> give me some cam. give me some cam. it is super bowl and we know him and we know him as a like what >> right. >> and hunger. >> right. game. >> let me tell people about cam. if the real cam newton happens, people get the true perspective. this is a guy every summer, he comes and trains and works out with the trainer. he comes to baltimore, he works
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this year he brought all of the carolina panthers. january they lost a playoff game and after that happened he said, nate, i need you to come what are you talking about? you had 18 weeks, 19 week nfl season you have to go rest your body. no, he goes, go rest. cam said, no, i'm not going to rest. he said, i want to train for the next three weeks so that my body knows what it feels like to play through a super bowl victory. like you talk about a champion or a winner. you know, this guy doesn't drink, doesn't smoke. cam is -- like he is like he is today. he's an exciting athlete. >> he's kind of you? >> he's -- well, i don't know. he's got a big small and he's tall. >> they love him. >> a lot of personality. >> let's talk about the company because one of the things that i've seen from the time we met, i said you were a talent company, then a technology company that sells apparel. now i think you're a
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health and wellness that happens to be digitized technology. >> i don't know, i think our story you'll see me always say, don't forget to sell shirts and shoes. in red ink in the middle of my office. reminds me every day. some of our story about connected fitness might have gotten people worried about it, are you still selling shirt and shoes. we're lucky to have this business and still growing at a 31% rate last quarter, 28% for the full year, 25th consecutive quarter 25% apparel growth, 23rd consecutive quarter of 20% top line growth. 95% growth in footwear. like every indicator from our women's apparel to our men's apparel to our youth, everything is up from our international growth. we grew over 80% the last two years. we are a growth company and within that we're absolutely -- we are a technology company.
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changing the way athletes dress to now focusing beyond that we don't want to be a cool logo to changing the way athletes live. of course, our definition and aperture of what athlete is, that definition continues to grow and expand every day. >> we have an intersection that's a strange thing. you're a winner. all high growth stocks are losers. how do you train people not to focus day to day on a stock price that may not be indicative of how you're doing? >> it's controlling the controllable. we celebrate our tenth year as a public company november last year. 30% average top line growth. 30% bottom line growth. winning is a culture. all we can do is point to that. we had some negative news come out about us in the middle of last quarter. >> right. >> you're in a quiet period. >> do what i do. >> you're part of being in a public company and you bite your lip and you wait and say, you wait till they see what we look like now. >> right. company. we're very proud of the results human.
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that streak of 20 plus percent top line growth is somebody asks you, how long do you think you can keep it going for? we don't think in terms of when is it going to end. >> that is really important. >> question, can you believe what happened? can you believe where you are? we never believed it couldn't happen. why does it ever have to end? why can't we keep going? we look at our team the same way. the expectation isn't us competing against someone else in our existing space, we want to be prepared sitting out here in silicon valley. what is it going to be if the silicon valleys started making apparel, before they start making footwear. before they jump in the game we're going to jump into technology. >> this annuity streak that connected fitness is developing, not recognized by wall street. how can you -- that didn't really -- in the end we're saying he sells shoes which he can't beat niko. he sells clothes that are too warm. we have a holistic group of millions of people that identify
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connected fitness. >> right. >> is the story being told right? >> so a year ago i appeared on your show this month and i told you that we announced these acquisitions. we announced this community of 120 million people. that would create a math house. that's a digitization of our company. we're a company like amazon. they credit 40% of their revenue to the recommendation engine. you bought a tube of toothpaste several weeks ago, it takes eight weeks. would you like us to send you a new tube? they know a customer's purchasing habits. through our math house. >> math house. >> we announced over 160 million users. we have over 130,000 downloads occurring every single day. that means every eight days we're adding another 1 million people to our community that are voluntarily telling us how much they slept, what activities they did, how hard they did it, how many steps they took, what they ate with my fitness pal.
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over 2 billion exercises booked into our platform and over 8 billion foods. it's the world largest database what are we going to do with this data? first and foremost, we can use it to enrich our consumers lives better. we're understanding, meeting them where they are and building a product that answers customers problems and solves problems for people first and foremost but does it in a way that's informed and not wasting. what you'll see from shipping to fishing to the way under armour can create -- i think we can reinvent what the expectation of a sports brand can be. >> entire ecosystem coming. kevin plank, founder and ceo of under armour. stay with cramer. check this out, bro. what's that, broheim? i switched to geico and got more. more savings on car insurance? yeah bro-fessor, and more. like renters insurance. more ways to save. nice, bro-tato chip.
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what is thriving in the difficult environment. stocks like verizon with a 4.4% yield. not only does verizon have the best wireless network, but they have an excellent tv and broadband business in terms of fios. they had a stellar fourth quarter. they're gravitating towards the stock because of the high quality dividend names and a moment when bond yields are plummeting by the day and that's how you get a stock on the 52 week high list on a totally nightmarish day. we got to speak with the
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is a new england patriots fan. >> this is a super town where the super bowl is and you have built a super network which takes super effort. you're linked with the nfl. how did this all come together for you? >> this has been like a car racetrack for car manufacturer. we've added hundreds of sites. the information kiosks are all network cell sites at this point. the speed that we can deliver, the capacity that we can deliver has jumped dramatically. >> is this the template for the rest of the country for the verizon foot work? >> yeah, it is.
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to test ourselves. you walk into the stadium this time, let me give you an example. in 2012 at the indy super bowl we did less than 250 gigabytes of throughput. this year during the three hours of the super bowl, 6 terabytes. you know what that would be? that would be 25 billion posts to the "mad money" facebook page. >> there you go. let's talk about "mad money." you know it has been the number one recommendation. i apologize to tim cook. i say apple own it, but i've felt dividends are the most important thing. your stock has been through thick and thin. how is it you are a growth company because it's the only one left? >> we've had to transform ourselves to being a tellco which has been a dividend stock. this year we bought aol. we think that can turn into a real growth engine for us.
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we withstood all of the hits from the discount carriers and delivered good, balanced growth and profitability but we saw things like mobile video take off, internet of things take off. aol, i think, is going to be one of those growth engines of the future. >> i'm looking at your three tier strategy, aol, internet of things. why not add yahoo. it doesn't cost much. the company is being given away. >> if they are giving it away, we ought to talk. >> financial reports. >> we said on this show a month or so ago in december, we said we would look at it. their board has been very responsible in how they're doing this, deliberately and logically. we have to understand the trends but then at the right price i think marrying up some of their assets with aol and the leadership would be good. >> how has aol gone?
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other companies and they get subsumed. this sounds like you're bringing it to the fore. yahoo could be a good fit. >> one of the things we did is keep it separate from the core company. i want that to continue to deliver every day. we put this in an inc. cue baiter almost and we have been feeding the information from our money subscribers into the aol engine. as you saw in the fourth quarter. >> fabulous. >> 300 million from quarter to quarter incremental revenue. we've only had it six months so i don't want to declare victory. we have a long way to go. putting more pieces into it like media, perhaps some things from yahoo! might make sense. we can turn it into something special. >> apple, they started and the relationship that i think of is verizon apple. a new iterations. these iterations, how do you get ready for them? >> i have a great relationship with tim. goes back to when we negotiated
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there. for example, on things like 5g which we're working on now, we go to apple and say, why don't we go ahead and install a cell site on your campus. let's experiment and then when we do that we bring new, innovative things to their market. >> a lot of ceos mention your name as a guy they like. you're feisty. i have the $50. i don't need all of those different channels. >> right. >> somehow switzerland and you're on the attack. >> i wish we were switzerland in all cases. i try and my team tries to make things a win-win. sometimes we are disrupting the model and it does break down. we always keep the communications going. we have to disrupt. >> you're over the top.
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i watch espn on my hand -- i have the apple. i mean, that is disruptive in its own. espn is disruptive to cable companies but should you have relationships with comcast, our employer on the stock end of it. you have relationships with people that i didn't think you could have relationships with. >> we don't always agree on everything. that's the key. >> right. >> you look at google. we partner with google. people say, how can you partner with google? they build fiber. they're not over building fiber on us and we see opportunities to develop fiber. >> you're wearing a winning jersey. number 50. is that okay? >> well, look, i'm focused on things like how do we bring smart technologies to the city of san francisco. i don't tweet so the discount carriers are going to take shots
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>> on shark tank, i asked them what company they respect, verizon. apple says verizon. verizon is a utility. it's not meant to be cool. >> we don't think of ourselves as a utility anymore. i mean, there's a part of that that's our heritage. it's a great company. we think we can build on it. if you look at the access that we have and the technologies that we can bring to cities. this example in san francisco, they can use that to become a smart city, one of the smartest cities in the world. we want to be their partner there. >> is the u.s. behind or ahead in technology? >> i don't think there's any question that we're ahead. >> i'm going to leave it at that. chairman and ceo of verizon, vz. yes, my number one recommendation why growth,
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it is time for the lightning round. rapid fire. buy buy buy, sell sell sell. and then the lightning round is over. are you ready, ski daddy. the lightning round. dan in massachusetts. dan! >> caller: cambridge, mass., mr. cramer. thanks for taking my call. >> how are you? >> caller: saying hello to all of you listeners.
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>> doing a great job. high multiple stock people don't like. it will come back in favor eventually. the forecast is pained until the fourth quarter. charles in new jersey. charles. >> caller: jim, lpx. >> oh, geez, what a fine company. charles, you know what, they're selling all of these stocks. i would tell you louisiana pacific is making a comeback but i prefer, i prefer wy. why? because it yields 5% and you want dividend pro tension here. let's go to linda in delaware. linda. >> caller: jim, nice to talk to you. hi. >> same. go ahead. >> caller: good to talk to you. >> thank you. >> caller: just wondering what your thought is on bb&t. >> did not have a strong quarter. i wouldn't trade around it. there are others doing better. i have to tell you if you want a
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prefer key or first horizon. can we take one more? let's go to tom in florida. tom! >> caller: hey, cramer. boo-yah! >> boo-yah! >> caller: i wanted to ask you a question regarding ionas over former isis. >> okay, yes. this is stock -- this is stanley cook's company. here's the problem, they'rall going lower. you have to be willing to take some pain. i don't know if you can side step the pain or not. it might be worth it. good company. doesn't matter right now. that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by t.d. ameritrade. we were below the 88th southern parallel. we had traveled for over 850 miles. my men driven nearly mad from starvation and frostbite. today we make history. >>bienvenidos! welcome to the south pole! if you're dora the explorer, you explore.
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>>what took you so long? if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. >>you did it, yay! a heart attack doesn't care if you run everyday, or if you're young or old. no matter who you are a heart attack can happen without warning. if you've had a heart attack, a bayer aspirin regimen can help prevent another one. be sure to talk to your doctor before you begin an aspirin regimen. bayer aspirin. dry spray? that's fun. it's already dry! no wait time. this is great. it's very soft. can i keep it? (laughs) all the care of dove... ...now in a dry antiperspirant spray. enough pressure in here for ya? i'm gonna take mucinex sinus-max. too late, we're about to take off.
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you have been watching our countdown to kickoff. i bet you've wondered how you can get a ticket to the super bowl. ticket master, you can buy legitimate tickets secondhand. to be fair, you better be willing to spend thousands of dollars if you want to attend the big game. we have an amazing opportunity here. we have the president and ceo of live nation entertainment. we'll talk to him. welcome back to "mad money." >> thank you. appreciate it. >> we checked, $920 for not good ones, 2800 for good, 20,000 for the best on your site. when did the nfl decide this was the right way to go instead of having a guy ask me if i have any extra tickets on the street? >> content has been trying to get ahold of those tickets for the last few years. if you're the nfl, if your a an artist or sports team, you're not doing well when they're selling on the street. most of the artists, teams have been trying to create their own
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their own exchanges so they can understand the data and pricing. in this case we have nfl exchange with them and all of that information and all of that data gets fed back to the nfl so they can control and monetize the experience. >> is this the super bowl for the live nation, too? >> ticket master will do very well this weekend as people scramble to try to get into the weekend sunday show. i think right now on average $5,000 if you want to -- >> yes. >> -- get in there on sunday. so, yes, i'm sure the price will go up over the weekend as the supply is just incredible. >> you're much bigger than the super bowl. who can say that? you are the concert venue of the world. i happened to have the privilege to be with lars this week. he said you used to do concerts to sell records. now he does records to sell concert tickets. that's part of the revolution that you've -- that really you've put into place. >> yeah. you know, this is our tenth year, our anniversary of going public. ten years ago we had the same
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the center of the wheel, the artist was going to have to go on the road to pay the bills and build his community. if you look at it now, we're doing almost 25,000 shows, 41 countries and every day an artist wakes up and whether it's a brand new artist or they're the rolling stones, this he have to get on the road. the best way they can monetize their audience and connect with their audience and deliver their music. >> one thing i'm shocked about is apparently something that we do in this country does travel and is dominant. the countries that you have been to, national geographic at this point. >> it's a global business. one of the things we're gifted in. first, it's a global demand. if you're a 19-year-old lady any country in the world, you're on youtube and you're looking a the the new reannan album or cold play. we can bring all of these artists and they're superstars and we want to be in the streets
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those shows on. >> use the metaphor of sports.com. been instrumental in doing customer relations. both your stock and his stock under pressure. >> yes. >> unlike what people think, your company is making a lot of money. >> yeah. yeah. >> yes. >> yes. >> people think, well, we can't -- operating capital can't be trusted. >> market's a little crazy right now. our job is to keep building this business. we're going to have a record year for us, cash flow, stock, ticket prices. we think 16 is looking now to top 2015. there's more concerts. we're selling more tickets than ever. we're going to continue to place great results. >> no global recession, right? >> no. as of this morning we've got the data. tracking ahead of last year on ticket sales. those consumers are still going
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a year. >> october 29th conference call, we have live nation tv in beta with yahoo!. that sounds pretty exciting to me. how is the beta going? are we rolling it out now? >> one of our core businesses is we are the nfl in terms of advertisers. we have 800 advertisers. we have 63 million customers went to a live nation show last year. that is bigger than the nfl, the nba or the nhl. we do a great job selling 800 sponsors those events, but we had to make sure we added a digital component to it. had to have a media element. yahoo! and other ways we now take those shows, stream them live whether it's online or on a mobile app. we've been able to double or triple our online advertising. >> you know the information that you can purchase the merchandise that i want as opposed to spamming. >> yeah. we have the largest database in the world. we know exactly what show you
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be to, what your wife went to. we can have a great one-to-one relationship. thanks to the platforms provided, we're really driving a per ticket show because of that one-to-one data. >> it's good to hear the social cloud is alive and making money. mike is the president and ceo of live nation. one day you like growth stocks. you don't know, but you've got to learn them. stay with cramer. can a toothpaste do everything well? this clean was like pow! it added this other level of clean to it. it just kinda like...wiped everything clean. 6x cleaning my teeth are glowing. they are so white. 6x whitening i actually really like the 2 steps. step 1, cleans step 2, whitens. every time i use this together, it felt like... ...leaving the dentist office. crest hd. 6x cleaning, 6x whitening i would switch to crest hd over what i was using before. there's a more enjoyable way to get your fiber. try phillips' fiber good gummies plus energy support.
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i like to say there's always a bull market somewhere and i promise to find it for you right here on "mad money." i'm jim cramer and i'll see you monday.ight on 1st lookwe're tting out of dodge. is it riding time? woman 1: it's riding time. [horse snorting] (voiceover): we're hitting the slopes. do you want to put your goggles down? (voiceover): setting up shop in the sand. i feel like, free and beautiful. love it. (voiceover): and soaring to new heights. [woman screaming] (voiceover): from the fresh snow in park city, utah-- let's go out in the powder a little bit.
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