steven weiss used to talk about qualcomm, qualcomm, qualcomm. >> here at 77. >> right.t's been starting to make the move to the upside. i think it is on a breakout. i think it won't take too long to get the stock to 85 bucks. >> the last point is the competition. you have intel and others in there doing the same thing for cheaper. i wouldn't be a buyer. >> although they own the market share. intel is trying to get in there. that's one of the points i love about intel but qualcomm still owns this. >> josh brown, i see a sideways move until the summer and then a take your. what who made the more compelling argument as to where it goes? >> scott, i got to give it to pete. i got to tell you, i'm looking at a 15-year lenging highs not seen nins 2000 when it was trading 500 times earnings. selling at 13 times this year's numbers and it's going to break out of the highs. there's nothing not to like about this name. >> murph, for a stock that was sitting there sideways now appears to be breaking out, optimism from pete and josh about numbers. it's a compelling story. >> well --

qualcomm is a big partner of ours. it's important. it's important for us to be successful in the u.s. we believe we're off to a great start. one thing we didn't have last year that's different this year, we have all of our -- all the major dacarriers in the u.s. an around the world, are lined up big around this. you're going to see our partners really getting behind htc because they believe the team is right for this two-horse race to become a three-horse race. we have the best smartphone in the world. >> jason, we'll be watching. appreciate it. >> thanks, melissa. >> htc america. >> we talked about 525. tim brought this up, apple being tradeable around the 525 level. that's proven to be correct. up 4% or 5% since then. it probably has upward room. you probably trade it from the long side around 525. understanding, there not a lot of huge catalyst out there for the company. but the stock just feels like it wants to go higher. >>> google glass signing a deal with the biggest eyewear company in the world. we'll try a couple pairs on set

those two announcements just made by qualcomm.after-hours, not that much of a change. a little bit to the downside. probably unrelated. >>> you want to know which cities are the most expensive to live in in the whole world? economist intelligence unit did a study of 131 cities. the results are in. with score of 130, singapore took the cake thanks to currency appreciation rand price inflation in the city. cost of live anything singapore, 30% higher than in plan hat tan, right here in new york city. -- manhattan. singapore is the most expensive place in the world to buy clothes. armani suit costs two times the same price than in italy. a bottombottle of table wine is nearly doubled of the same wine in tokyo. ranking high in the list paris, france, which assumed number two spot. third most expensive city is oslo, norway. who knew. >> jobs data for the month of february, it could be released friday and has some economists already bracing for another weak report. so the question here becomes, how do we create jobs in this country, davi

look at the moves over the past five days for ibm, cisco, intel, and qualcomm. is it too late to buy into some of the tech players? let's start off with ibm. hpq's gain this year was ibm's loss. >> look at the last quarter at ibm.

look at the moves over the past five days for ibm, cisco, intel, and qualcomm. is it too late to buy into some of the tech players? let's start off with ibm. hpq's gain this year was ibm's loss. >> look at the last quarter at ibm. eps. but they continue to miss under revenue line. and they continue to miss badly. i think the business is floundering right now. but the stock performance, since they reported that quarter has been nothing less than staggering. the stock has held 175 three times. but since october, november, you basically put one in terms of ibm. i think you sell it with both hands here. i think they're going to probably have another lousy to miserable quarter. but the stock has been incredible now for a while. the last -- today's action in ibm, absolutely surprised me.

qualcomm. >> $124 billion. >> qualcomm. >> 124 billion. >> qualcomm. >> i'm just listening to the qualcommcomm. >> coming up next, the president's budget. >>> plus, secretary john kerry will be in kiev trying to ease tensions between ukraine and russia. >>> also, the markets are bouncing back after yesterday's sell-off. will it last? that's the big question. we'll find out where you should be putting your money to work. >>> and venture capitalist ben horowitz will join us. special hour with names that could be the next wall street winners, "squawk box" will be back. >> qualcomm, qualcomm. there's this kid. coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. could save you fifteen percent or more on car insurance.s everybody knows that. well,

we talked earlier in the week, i think qualcomm is one of those names. definitely new tech even though it's old tech. by the way, what i'm hearing from people in the market, alibaba is probably going to price around 150 billion. >> i'm kind of confused. old is new, new is old. >> companies that have been able to change their business model. >> that's exactly where i was going to go. you talked about cisco getting into the cloud more. it has performed good. cisco is right in the middle of that. cheap stock, nice dividend. >> let's go back to sheila, even more news on tesla. >> we have a statement from the company. saying they would like to thank governor cuomo for architecting this new agreement. interestingly the company ends with a line, tesla looks forward to a future where it can continue to create jobs. so, tesla saying a big thank you to everyone involved i'm sure they are. thank you, sheila. you were saying you're not entirely surprised. >> are you thanking governor cuomo? >> thank you, governor cuomo. please other governors go ahead and do it. >>>

. >> we're watching qualcomm. good move. new high for qualcomm.-moving to a five-mode handset. that is good for qualcomm chips. gold man saks is saying. the stock moved three% to upside. david: the yahoo! pop that is all about ali baba, right? >> sure is. alibaba announced it will come to the u.s. for the ipo listing. this gives them more of a global presence. yahoo! has a 24% stake of the stock was up almost 4%. liz: we should focus on hertz. that got nice move to the upside on talks of a potential spin-off, right? >> they are said to spin off the construction equipment rental business. could be valued four 1/2 billion dollars. hertz over the last year up 22%. david: they wean all winners today. herbalife a real downer. [closing bell ringing] >> herbalife pulled back 8%, under pressure absolutely. >> bells ring on wall street. green on lots of screens here. not to proverbially but of course with the markets and of course st. paddie's day. look a nice move for the dow jones industrials. up 178 points. do you believe we are up 205 at one point? loo

the upshot is, qualcomm has a portfolio that should benefit the stock.back at the 52-week highs. multiyear highs. >> based on chip sales and royalties. >> drop for verisign. >> verisign drops a u.s. plant. they give up web address control. sounds like you're pricing on a monopoly on web address. i don't think that's it. they have other businesses. the market's interpreting that's the only business. the stock looks like it's in freefall. i would not be a buyer of this just yet. wait until it makes a higher level. >> and a pop for earthquake face. this morning's earthquake in los angeles caught one news team by surprise. the ktla was broadcasting live when the quake struck. luckily it was more shamrock shake. but the anchor's reaction went b viral. and he updated his twitter avatar that captured his earthquake face. >> i don't want to be mean. >> you should be used to it if you live out there, right? >> yeah. i mean, that is -- >> i had earthquake face on that qualcomm thing. >> that was your own doing. >>> coming up, a huge day for the markets. explaining

but for me, you know -- >> i want to talk about qualcomm for a second.t's at ridiculous highs, but it's old tech that's become new tech. meaning, these guys are cutting edge, their chips, snap dragon chips in every new phone that people want to see. but ultimately, you have a place where they run into pressure. for the emerging markets to really adopt, they're going to be lower price phones, this is going to hurt qualcomm and i'm not sure people price this in. >> if you had to pick one favorite, what would that be? >> big cap tech right now. >> today. right now. >> oracle. i think oracle, they seemingly have tremendous tail winds behind. i think it's oracle one, microsoft two, apple's probably four or five on the list. >> we do have news on yahoo. let's go back to seema. >> preliminary talks to acquire news distribution network for $300 million. what makes this deal interesting is that it could serve as a competitive threat to google's youtube. now, melissa, we know that ceo melissa mayer has made online and digital a big part of yahoo's growth strategy.

when you were back here in july, like oracle, apple, qualcomm. what you like, three completely different names. pet smart. how does this one win? >> it is hard to create competitive advantages retail. pet smart the little bit different in that they have about 20% of all pet merchandise spending. two times larger than their competitor petco. they can pu push back the people they purchase from and introduce private label products because they have the size to be able to do that. they trade about a 7% pre-cacheh yield, excellent capital allocation. the business is maturing but you are not paying for a hyper growth business. you're paying for business that dominates its niche. that is pet smart. liz: and you're not buying at the top. philip morris, this was down 11% year-over-year. a best in class name. >> it is. the competitive advantage here savvy is selling an addictive product. hard to switch away from tobacco. this is philip morris international where the antitobacco movement is not quite as strong. e-cigarette movement is not as strong. consume

right now, i'm long qualcomm. >>> let's look at the intraday move on king digital entertainment.today. and it was its first day of trading. the ceo of king appearing on "squawk on the street." and he had interesting comments on the company's depen dense on candy crush. >> what we're here for is to build a portfolio of games. we want to build a network of loyal players that play a portfolio games. we have three games in the top-ten grossing platforms. the top-ten grossing chart is actually extremely stable. there will be always many games like happy birds that go up in the top ten. but top-ten grossing is a different matter. there's few players in this chart. they're very stable. >> it looks like he was unable to convince investors. it finished down 15%. is it the rest of the ipo pie plan get a ripple? >> i've been talking to trading desks. they're worried about it. i don't think it's time to hit the panic button. but it's time to be concerned. closing like that, that's a bad sign. we got three pricings. applied genetics, a biotech company. square 1 financial. trinet, which outsou

the best way i play is qualcomm. you can play with intel.stead of betting on who has the best wearable device, you have to see what guts are going to be in every device. and the odds favorite that qualcomm will have a huge footprint there. >> huge. >> tomorrow, shaq will have a deal. i guarantee you. he's not just wearing it for free. tomorrow, we'll find out who is he endorsing. and that's who you buy. >> 4,000 steps by noon. look how big that guy is, wow. >> i have a feeling, as it comes to wearables, we haven't gotten the first pitch in a nine-inning game. people are talking about watches. they're talking about fitbits. i think it has nothing to do with google glass. >> it's medicine. >> and nike, too. >> these are guys that people can live with a playable there. >> jim cramer is out on a boat. coming up next, we'll drill down on the energy trade. stay tuned. ameriprise asked people a simple question: can you keep your lifestyle in retirement? i don't want to think about the alternative. i don't even know how to answer that. i mean, no on

. >> we didn't get to technology, but it's qualcomm and e-bay top two picks. i'm with him.ou jumped off the bandwagon. you ought to jump back on. i had this debate last week. and the growth potential they've got as they build out in china into the 4g, all the growth they've got, i think that feeds right into qualcomm. the patents another stream of money they're getting, but i think this is way undervalued. >> i like the rig call. missed most of the markets upside over the last couple years, it's looked at as damaged goods. they're having a really tough time getting their story out there, but the longer you see energy prices remain elevated, more projects become economical in deep water. this is going to be a go-to stock for that sector once again. mark my words, i just can't tell you when that starts. that being said $40 i think you have a decent floor and you can do decent nibbling. >> we had money with lee at sky bridge, my only issue is i think the multiples are going to expand based on that consumer spending. but he is making a point about interest rates. so let's see w

qualcomm has traded well. intel, microsoft, so there are pockets, scott, when you're looking at big cap, it's that same rotation we've been talking about. big cap, people want to own it. talk about high multiples, people are selling. >> sheila, you've been at the scene of the crime, so to speak, almost every day. back today. these names, many of them that trade over at the nasdaq are the ones that seem to be driving the action in the overall market. >> that's all the talk. all these names losing steam. there's a couple of examples that people like to point out. twitter, for example, a lot of traders pointing out it's actually traded below that opening ipo price on that david's ipo at 45.10. we seen a break below that. today up on the session. again, something people are talking about. speaking of ipos, talk about king. this poor company as if being the worst ipo debut in 2014 wasn't enough, it is down for day two. talk about a big candy crush. and like you guys were talking about, all those big names, not that

he mentioned qualcomm yesterday. a way to play the wearable tech story. >> it's about the chip names. when you look at what's been performing, and intel and since they announced, that has been performing. there's names. there's pockets. wdc, seagate. some of the names, old tech. big data. some of the names perform well and the valuations are incredibly low still. >> talking up the old tech, let's take a look. for the first time ever, ipad users can download microsoft office from the apple app store. it went live at 2:00 p.m. eastern. the announcement came during the first-ever live event as microsoft ceo. the move signals a new growth strategy for microsoft. and the shares closed lower today. but they've been back up around boom time levels. levels we haven't seen since the year 2000. rick follows microsoft. great to have you with us. what do you think about the announcement today? >> the stock ran up in front of the announcement. i love the job that he did today. he's got technical credibility. he articulates a move

qualcomm has been struggling. it is about to change.are going to get a boost from china mobile. that means stronger demand. china mobile had been using its developed locally. those are your top headlines. >> one of china's original video heroes will go to the rescue of a slumping stock. we are talking about the youku. am i right in described it that way? >> you certainly are. they were won the first sites that have been successful. successs not seen a log in the stock market -- has not seen a lot of success and the stock market and it is listed in new york. to arrest those stock slide and get out of the competition like in baidu, they are seeking -- an unexpected course, captain america. >> i do not know captain america. >> it is a marvel character. you are right on. it is an american super hero movie. forces with a disney to build its market share as spin off the bigger rivals and has signed a deal to cosign it moves like this one. the latest version, we saw its stars coming to beijing. johansen and samuel l jackson. the premier, part

and qualcomm's board approved a $5 billion increase to its stock buy back program. the world's largest cell phone chipmaker also hiked its quarterly dividend by 20% to 42 cents a share. and that sent the stock up more than 3% to finish at $76.11. >>> oil and the global energy market were front and center at the annual cell week gathering of industry leaders from around the world today discussing everything from the russia ukraine conflict, the controversial keystone pipeline, u.s. oil and gas exports and more. share sharon epperson has more. >> reporter: this geopolitical uncertainty is fuelling the case for north american energy independence. even from foreign investors. >> we like everybody else just have to wait and see what happens over the next few weeks and what that means for the global economy and the trade in our goods and services. >> reporter: vhp bulletin the world's largest mining company based in australia with no business operations in russia has made a big bet on the united states. it is one of the largest investors in shale gas in the u.s., making a

>> let's take qualcomm. it has a bouquet -- a boot camp for girls.hem up the curve those kinds of skills that the world needs. create economic and social value? >> sustainable finance or economics, or it is just finance. it is the new finance. just in terms of being systematic about incorporating environmental, social, and governance factors into the investment process. corporate sustainability is corporate excellence for the long term. >> how does this manifest in the lives of women and finance? >> that is a complicated question. women in finance who work in finance or women who need finance, they need to use finance to empower themselves and their families. we talk about unilever. when you empower women and empower them, you make them more healthy and make their children more healthy. we will have better markets. this is about profitability. this is what people need to understand. hiring women is an economic input that creates better profitability. >> you talk about hiring, february's employment numbers were released today. the institute for women'

there for missing on lg, qualcomm, and it will hit the market sometime later this year. apple is now selling a cheaper version of the iphone 5c after sales of the lower-cost phone happen blockbuster. memoryeight gigabytes of and cause about $70 less than the 16 gig five c. available in the u.k., france, germany, and china. walmart is getting into the used videogame the is this. starting next with big customers used games. shares are down around five percent. we have a special show for you today, cory johnson gar editor-at-large here with in the studio as well as keith rabois, celebrity what year as a venture capitalist. >> that is true. pleasure to be here. >> how is it going so far? question is going great. i've invested about 18 companies in one year. trying to keep up with the entire industry. it has been an exciting year. venture capital is white interesting copy get to meet the most ambitious people in the world, reviewing everything from the sublime to the ridiculous. trying to figure out which ones are sublime and ridiculous. >> how do you do that? wasn't even the

is a changing of the guard at qualcomm. mollenkopf officially takes over sco.ompany raised its dividend and boosted its share buyback program. bitcoin is bouncing back. trading today at $668. this is just a week after mt. gox declared mcgruff see and when off-line. survey monkey had a survey for us to get your opinion about this. the ceo of surveymonkey dave goldberg is here with us. i don't understand why the price is going up after the after the bankruptcy of mt. gox. we're going to get to that in a moment. >> it seems like 2/3of the people, 64%, have said that they heard of bitcoin. >> most people know about it. >> there has been a lot of talk about it but very few people are using it. >> only 11% say they have bought any. >> i'm skeptical as a currency for transaction but i am interested in a store of value versus -- i am more excited about it as a commodity. a better thing to store your wealth and then gold in places like argentina or iran. >> are you nervous about it being stolen? >> i think we will see a change in the bitcoin economy. the first thing tha

one stock we want to point out we're watching is qualcomm. returning cash to shareholders. 20% boost to its quarterly dividend. back on the markets in 30 minutes. ♪ >> you are watching "bloomberg west." i'm emily chang with your bloomberg top headlines. radioshack's turnaround plan is not taking off retailer fell 20% in the fourth carter. $191 million. radioshack says it will close up to 1100 stores. shares are plunging today, down more than 13%. huber, -- ng at, out to iphones users is weak. back in december, it received plenty of criticism for charging writers as much as seven times the usual fare during east coast snowstorm and the controversy has certainly not ended. it is a changing of the guard. steve officially takes over as ceo. bloomberg is told smartphone growth is still in its infancy and they have plenty of opportunities in emerging markets. the company also raised its dividend and boosted its share buyback program. back tradinguncing today. this is just a week after mount and declared bankruptcy when off-line. survey monkey field

liz: have you gotten the qualcomm smart watch? >> i have looked at it., as we cover technology, it is going widespread. all over the place. is this stretching the membrane of our security way too thick? we have the ceo of a company. three. security for all of your mobile and wearables. it is free. we have the ceo. he sees this. the stock up more than 40%. this has the makings of everything a business deal really wants to see. how to spot companies. we will give you three of them. how to spot companies that have an advantage over all of them. we have a good friend of the broadcast. >> i love it. that is a good show. thank you very much. marco rubio unveiling a sweeping new agenda to get our economy growing again. he is here with the details. do not move. you can never have too much "money." ♪ when does your work en does it end after you've expanded your business? after your company's gone public? and the capital's been invested? or wn your compan's bought another? is it over after you' given back? you never stop achieving. that's why, at barclays, our amb

and we're particular weather upbeat on qualcomm, apple and microsoft. i think it's something when you look at the potential rise in rates, i do want to remind people that many money debts at the end of last year predicted a rise in rates, and we have seen interest rates, particularly in the ten-year fall, roughly fall 25 to 30 basis points. so i think we're seeing a modest, narrow band of interest rate moves, but i think we're going to be pretty much on par with where we are right now. >> so what are investors to do, you talk about we should take some profits from some low-quality non-dividend stocks, what would you do with the profits if that's the case? >> sure, sure. i think when you look at evaluations, we have a phrase at our shop, that quality evaluations, fundamentals and dividends don't matter until that's all that matters. when you look at the non-dividend stocks in the s&p 500, there's only 29 names, they are trailing versus the dividend paying stocks at 16.80. that gives us cause for concern. i like quality names, i like dividend names and pe

qualcomm in particular got bullish notes, saying the company is well positioned in. >>> we have yahoo!, one of the billing winners after ali baba. it's perhaps going to go public here in the states. also facebook, i will note is in the red today, a downgrade over by argus research, but overall a lot of the social mildia and enter net stocks are holding up just fine. back to you. >> thank you so much. >>> abigail, what do you make of this market? we did get the correction you were looking for. how does it look now? >> what stands out to me is the complacency. we have this situation in russia escalating. it makes sense to a degree, because we are in this age of the fed's got our back trade. however, i think that investors really need to take the possibility that the fed can't solve this situation. when i look at the charts, my angle on the markets, the vix looks like it's setting up to be higher than february. the s&p looks like a reddy for a move down. i think we're looking at a move to 1738, february's low. bottom line volume tilts, investors should be kalb, especially since the fed i

qualcomm. pete? >> they dominate the space. the 4g lte going out in china.o dominate again. share buybacks. >> drop for cliff's natural. down 2%. >> got a downgrade today. this has been dead money. not much movement in this. i don't think you get hurt. but i wouldn't put money into it. >> pop for bit shop. up 32%. >> these guys had numbers. they beat estimates. the revenue line is what people are watching. 185-times earning. this is t.j. maxx online of china. this is happening in if the chinese space. it's a $10 million company. take a look at the names. >> intuitive surgical, one drop. >> this is a clowngrade. the stock had a tough -- >> resurrected the clowngrade. >> this year, it got off to a good start. up 17% year-to-date. long-term, we love the name. but short-term, we're worried about near-term growth drivers. it doesn't seem like a great reason to go from buy to neutral. >> and a pop for pancake day. commemorating england's day on fat tuesday. one chef has the world's most expensive pancake. it features lobster, caviar and truffles. the flap jack use

also make money qualcomm investors, the world's largest cellphone chipmaker hiking quarterly dividend20% and boosting share buybacks by $5 billion. strong adoption of its technologies have enabled it to return capital to shareholders, and stock is up 3.65% and spending money, maybe they shouldn't be. twitter, spotted two 100-year-old log cabins for its employes to luncheonettes san francisco headquarters, that is despite a $500 million net loss last quarter. keep up morale somehow. apparently they do it. "countdown to the closing bell" just an hour away. 45 minutes cheryl casone the is in for liz claman. what is coming up? liz: free lunch is always good to offer. trading anyway, and a lot of volatility yesterday. and we're seeing nice moves for the market. the dow hired by 200 points. we will see if this will hold, the s&p higher by 68, we will look at george keith ablow coming up in the 3:00 p.m. eastern hour. there are opportunities in the market. to give me and u.s. sense of what is out there. and to go through those, this is a launch, power technologies, you point your phone at yo

qualcomm has been absolutely outstanding. then you look at the way the financials have traded. yes, there's a couple of weak spots. bank of america put up 18, pulled back. profit taking there. look at the regional banks after this stress test as well. they're performing well. on march 7th we had that activity in the kre. those options doubled to. >> these bank stocks are in focus today because of the stress test. you guys mentioned bank of america. this goldman note out today was very interesting. i cannot tell you how many times i've heard bank of america recommended by a trader on the show. gold machine saman says today o downside we worry about bac, 6 to 7 billion in expected return. is there a reason to worry, doc, about bank of america? >> there's always reasons to worry about everything, scott. if we worried all the time we wouldn't invest. i think the upside here with bank of america still remains north of $20. i think we get there perhaps by june time frame. in other words, second quarter, end of second quarter. i think we would be at that level. i think merrill lynch,

there's netflix, price line, qualcomm. the nasdaq is now on track for its fifth straight week of gains. >> the nasdaq continues to defy gravity. it's a diverse group of stocks powering the index. tesla, green mountain coffee, social media playing a dominant role. we had facebook shares up 30 shares year to date. wall street seems to be gaining a better appreciation for facebook's growth prospects. specifically on the mobile front. i found this interesting. cowen is instagram users to eclipse twitter users. instagram acquire bid facebook in 2012. if you look at the year to date performance of social media stocks, facebook not the leader. in fact, it's pandora. the online radio player up 40% year to date. also take a look at twitter. of course, that was arguably the hottest ipo of 2013. that stock down double dinlg gi. facebook up, twitter lower. >> steph, a stock that you guys have been buying in. >> we like it. we like it because the growth is really there. and seema mentioned, it's up 30%. that's a lot. but maybe not as m

look at where qualcomm is trading. bank of america pushing on highs. i think cheap names still have plenty of upside to go. that's why this market will move to the upside. >> bank of america, i've been in it forever. i bought it based on the catalyst of stress test. my question is now when we start to hear, today is not the big day. it's the 26th when we get the payout ratios. that's where you really start to see returning to shareholders. is it a news event next week? that's the key to the marketplace. >> grasso, thanks for being with us on the floor in your house. appreciate you coming on with us. >>> first up is lennar, the homebuilder beating on the top and bottom line. quarterly profit jumping 36%. there was a lot to like in here, stf. her homes at higher prices. >> yeah. i thought gross margins up year over year was positive. orders up 10% year over year. the reason the stock is having a muted reaction is because of the macro, higher rates these stocks are going to have headwinds. i would save these stocks. >> talking about fading, one of the lar

look at qualcomm, intel, micron. you're talking about basically companies trading anywhere from single digits and maybe -- as far as pe rz concerned, 13. even vmw, you're getting to the virtual space. you look at the growth. you look at the revenues. 6 billion in cash they've got. you look at that growth and trading at 25 pe it makes sense. so when you really start to breakdown, is technology in a bubble? i'm going to say absolutely not. there are areas that do stand out. tesla, is that in a bubble? certainly it's in a bubble of some sort but you can see where the excitement is over the potential of the growth. >> excitement, josh brown, seems to be spreading. plug, the fuel cell stock, up 6,000%. minimum in a year. >> yeah p. >> those stocks are going crazy. not just tech. 3/4 of the companies for the ipos in the past six months are not profitable. that's the most since the last time -- when was the last time we saw that? march 2000. what does that tell you, josh? >> i think a lot of those are biotechs. i'm not talk

intel, qualcomm. >> and cisco. >> cisco's inside of it. >> and it has a dividend. >> exactly. >>> todayicial start of march madness. 64 college teams gear up to go head-to-head. nba legend kareem abdul-jabbar is teaming up with amazon to cash in on a new business. plus, could he be headed back to the nba? he'll answer those questions next. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. we still run into problems. that's why liberty mutual insurance offers accident forgiveness if you qualify, and new car replacement, standard with our auto policies. so call liberty mutual at... today. and if you switch, you could save up to $423. liberty mutual insurance. responsibility. what's your policy? ♪

when you look at qualcomm and intel and the various names, they all still trade within a very, very low valuation. is there room to the upside? yes. i think any pull backs or opportunities. >> josh, the bulls are going to point out, hey, if you get a pull back in some of the high flier names or some of the out performers, look only to the financials for the stocks that are going to pick up the slack. they're leading this month. >> i think it makes sense. financials are a pretty big slug of the s&p. but techs are bigger. and i think psychologically techs are more important. the nasdaq is certainly taken the steering wheel recently. i think it's important to point out that there has always been a segment of the market that's been frothy even during bear markets, number one. we could always point to something that looks absurd. if today it's fuel cell stock, so be it. number one. number two, at the end of the day there is no one stock that's the leadership stock. we used to think that about apple and apple fell apart and the market kept going. >> i hear you. there are some stocks out there

. >> like qualcomm? >> i was just out in san diego last week.increased their dividend 40% last year, 20% last week. there will be a lot of dividend increases coming from technology. that's the best sector to be in right now for income growth. >> you are an old school guy yourself. some of your picks are old school. you like the oil names here. i haven't heard 66 mentioned in awhile. >> yeah. i would mention i agree with matt on technology, but i would say other growth industries as well. i see the u.s. energy industry is a growth area. we are looking at the refiners, holly frontier, phillips 66 as well as freeport, which i know all the negativity on gold right now which is making a stock attractive from an entry standpoint but it has a 4% yield so that would temper the risk in that stock related to copper. if the concerns in china are real. we do like natural resources. we like growth areas in natural resources and energy definitely fits that bill. >> right now, natural resources like copper are getting slammed. absolutely slammed. china with th

take a look at qualcomm having the most positive impact on the index after announcing it was raising its dividend by 20%, also upping its share buy-back program. microsoft, google, apple also all leading the nasdaq higher. everyone is talking about how today is all about risk on. take a look at biotech, up more than 2% on the day. also, momentum names. we like to talk about them a lot here at the nasdaq. well, they are also higher. tesla, netflix, priceline, all these names higher on the day. speaking of momentum and high-flying stocks, let's just look at 3d printing. they are really in focus today after a big earnings week. stratus and 3d higher after reporting strong results. we do have this talk about is tech getting too frothy, are the valuations getting too high. well, consider this. adam parker at morgan stanley is still bullish, saying look, in this type of environment it's all about growth, even though you do have some big valuations in certain sectors within tech. that's where the growth is and that's where you see investors going and particularly on a day like today, they a

moving and shaking this hour, qualcomm ceo steve mollenkopf.day as the head of the biggest provider of mobile phone chips. the occasion by adding $5 billion to share buyback program. it is boosting its quarterly dividend by 20%. -- rose more than three percent. the chief operating officer to ceo in december. that followed a bloomberg news report he was a candidate for the top job at microsoft. up, we are ordering up success. the ceo of the food ordering site joins me to talk about consolidation and competition in and, do not mess with new jersey. a consumer products company tried to make a joke and he did not work out so well. we will tell you more about that in a moment. ♪ for -- it seess to expand its mobile and online presence to more cities. joining us with more is the cofounder and ceo of a lesser-known online food ordering service now operating in 48 states. thank you for joining us. this seems to be a very hot market so to speak for companies. how are you going to compete with what seems to be the one that dominates the market. how do yo

many names that were in purgatory for a decade and they are starting to wake up like oracle and qualcommas instruments. these are names that have not done anything for 15 years. does dan clifton, your colleague, the say about this? what has been useful is we have seen the blurred lines between sectors like defense and security and technology and health care. a lot of these names can be found in multiple sectors. the defense stocks with everything going on in russia look fantastic. is a good charge so it is the blurring of themes that is probably most relevant. >> in one of your reports several months ago, you have a republican portfolio and a democratic portfolio. how are those different? >> the republican names are starting to outperform. as we move into the summer and the election, we will keep an eye on that. >> it sounds good, chris verrone , our guest host for the hour. >> thank you for your e-mails. a theme, theave third anniversary of their earthquake in fukushima, japan. our number three photo is a man lighting bamboo candles to commemorate the victims of the magnitude nine earth

a five inch high death screen, qualcomm snapdragon 801 processor, a microsoft processor d slot.they reduced a new version of this in february, he did not do anything to stem its decline. with actually happen to have one here with us. >> and a genius. >> he's no longer a boy. >> jonathan geller. >> i have to ask, these phones get bigger and bigger and more popular. does this fit in your pocket? >> this phone is too big for me personally to use. it is actually bigger than the htc one they came out with last year. everything they've done with the phone is a lot better. the cases better. it is more premium. the camera is better, the screen is better. the processor is better. the audio is better. theything is improved and just made it bigger. >> it is $199 on contract come of the same as the iphone 5 as. is it worth it? >> for me, no. but it is a great phone. >> if you don't want to go with the samsung galaxy s5, i think it is a great phone. >> you think the galaxy is better? >> no, i think this is better. if you don't want to go with iphone and you don't want samsung, this is the ph

another great day for qualcomm they had a lot of momentum coming out of the mobile world commerce inhave an increase in their dividend and buyback authorization is up. there's talk of them going to be involved in 100 million phones with china mobile this year. finally just want to point what's going on with radioshack. big decline there and, of course, they're losing market share dramatically right now. show you where the numbers are so out of whack right now. look at the profits right now. $280 million, look at their selling and general administrative, the expenses, $389 million. way out of whack and that's what they've got to do, get their expenses in linee with what mony they're making. guys, back to you. >> yeah, that's not the way it's supposed to work, bob, i think. safe to say. interesting numbers. let's get to the deal this morning. got a joint press release from disney and dish. i believe it's joint and so you can imagine these companies really do fight a lot over the words and what it's going to be, so you end up with them signing what is a groundbreaking long-term and wide

we heard from qualcomm yesterday upping their buyback.really taking off, about twice the base of the last year's m&a taking place so far this year. we've seen most of that push to the sidelines. >> for now, let's get the latest from jim maceda. jim, we've just heard from the russian foreign minister saying he can't remove the troops from the crimea region because they're not russian, they're peace keeping forces. he's echoing what we heard from vladimir putin yesterday, too. should we be concerned about noises like this coming from russia or are we still pushing towards a diplomatic solution? >> that's a great question, julia. and the answer, i believe, is that we shouldn't be. we shouldn't be too distracting by this rhetoric. and we should be happy to see the change in the past 24 hours. i mean, think about where we were yesterday at this time. pre-putin press conference. remember, he said many troubling things in that conference, but you also said that he saw no need for the use of force in ukraine and had no desire to an ex the crimen

report to the human rights committee and the acting michael advisor, mary mcleod told the committee, qualcomm and united states continues to believe that its interpretation that the covenant applies only to individuals both within its territory and within a jurisdiction is the most consistent with the covenant language and negotiating history. we really have 50 years of u.s. practice on this point recently reaffirmed by the obama restoration. but even if the iccpr did applied extraterritorial lee, the treaty would still not place limits on nsa surveillance because persons in other countries are not subject to u.s. jurisdiction. the human rights committee itself has to find the phrase, subject to a party's jurisdiction to include people within the power or defective control of the forces of a state party acting outside of its territory. .. just there are legal norms but i'm not aware that the government are suggesting that there is an actual violation of international law. and finally, just to close on my analysis at the donohue even if the iccpr dead in posed a territorial conduct and people

at companies outside of the field, google, a name that hasn't been mentioned much today, intel, qualcomm, so many of the companies who are players in a real different kind of landscape? >> so you raised a number of issues that, hopefully, i've said that i can't talk about. mergers and a number of things, rewrite. but i will, let me answer the question slightly this way and say i'm extremely troubled by the use of section 706, as i've previously mentioned and talked about at length. i'm extremely troubled for those edge providers who may now be captured under the fcc's authority. i worry about them. they don't spend every day following the commission. i worry about these smartphone apps, microsoft office online, i worry about google search, i worry about netflix streaming videos and smarthome apps, devices. i worry that those folks who don't spend time following the ada commission may be wrapped into the commission's jurisdiction depending on the reading of the court opinion. and so that causes me deep concern going forward. >> okay. another question? okay. i'm going to call on barron. wh

qualcomm leading the way after bullishness from stern ag. biotech sector did get a lift.re enough other stories sprirngcleed in like the yahoo!/alibaba case that overall gave a nice lift to the nasdaq today. but here is the thing, traders definitely characterize today as a reluctant rally. they said, yes, there was some good news, but there's also enough uncertainty out there that people didn't feel great about the market. you can see that by the fact we didn't break out to any new highs. you know, all of the momentum names didn't necessarily gain so much steam. so there is still that reluctance out there that people are starting to point to a little bit more. >> rick, most reluctant of all might be the ten-year. what are the bond pits telling us? >> we couldn't even break into the 2.70s. treasuries are going to be in a range and that range will probably surprise many to have a bigg eger probability to test 2 than to test 3%. the notion that the u.s. economy on a relative value argument is the best economy in the world is true. but if we're 1% or 1.5% spread meaning if th

but look at what qualcomm did recently -- >> hold on a second. >> -- changing ceos and they're tryingo find growth. >> microsoft was at $22 a share at the same valuation several years back, okay, and now it's close to $40 a share. that's how you find value, by picking companies that are somewhat troubled in transition and they straighten out the transitional period -- >> they got straightened out because they got a new ceo. they had to make changes in the way they're doing business. that's what cisco has to do if they want the stock to get moving. >> chad, you said the phrase, if they figure things out or if they straighten things out. that's a big if nowne, isn't it? >> as i'm saying this, they're generating operating income of $13 billion on an enterprise value of $80 billion. that's "x"'ing out cash on their balance sheet. they are highly profitable. we're not looking at a company that has a multiple that's 50 or 80 times pe multiple with a lot of debt and a lot of leverage. this is a highly liquid company that has been able to demonstrate consistent cash flow growth and consistent

the united states to be their reinvest or return to shareholders now it should be mentioned that qualcomm has over twenty one point six billion dollars in overseas profits yeah jacobs wants to bring home his money and not have to pay for it but why would any ok ok to be fair he along with other. companies headquartered in corporate tax locales like ireland say are willing to go so far as to fork over five percent of the money that they've earned to uncle sam mind you carried interest is taxed at fifteen percent so to put this all in perspective that's the sweet corporate tax rate fifteen percent on carried interest that mitt romney gets on his income so they're willing to pay even less than mr mitt romney as to it's pretty generous no. in january we spoke to dr talley about the u.s. economy specifically income inequality and secular stagnation resulting directly from the financialization of the economy dr paul lee is back now and we want to take the discussion a look further this time getting his views on where the u.s. economy is headed so first and foremost welcome back to the show dr p