how about martin marietta materials.largest aggregate benefiting from the same trends as vulcan materials. one additional kicker. more than two years ago, they shrewdly acquired texas industries for $3 billion. that business operates in the ideal areas to profit from big new national infrastructure overall. just like vulcan, martin marietta missed the numbers though the stock barely missed a beat and they are down right unstoppable in recent weeks. martin marietta's whip smart ceo who came on the show six months ago says the company's end market should grow through the end of 2016 and for the next five years. i like that kind of vision. let me give you the bottom line. regardless of who wins the white house we are likely to see a major surge over the next administration. that means the rock place like vulcan materials and martin marietta keep moving higher no matter what happens with the election tonight. when we go infrastructure it is hard not to think about the manufacturing swing state like ohio. that just so happens

hey, i got google, facebook, amazon, lockheed martin, and martin marietta. jim, am i diversified? >> all right. you got a bit of the fang. fang does trade together, so we're going to have to -- maybe have a little surgery here. what do we do? my charitable trust owns both facebook and google, but we've got a lot of stocks. i feel this is -- you're going to have to get rid of one of them. facebook, amazon, geez, you own too many of them. let's keep amazon because it's pulled back 15%. and let's keep facebook because it's down on that metric story that's not true. we're going to hold off google right now even though it's a charitable trust name. lockheed martin, defense. martin marietta is materials. i just want a health care in here. we'll use merck from the last one. just add it. don't have to subtract any of these. i want merck added, and then i'll feel better. now a tweet from @gheorge31. my top five holdings are united technologies, apple, facebook, altria group and jpmorgan chase. am i diversified, hashtag? okay. we got tech. we got a great industrial. we got tobacco. we got a

martin marietta is materials. i want a health care in here. we'll use merck from the last one. add it. don't have to subtract any of these. i'll want merck added, and then i'll feel better. now a tweet from @george 31. my top five holdings are united technologies, apple, facebook, al sheer group and jpmorgan chase. am i diversified, hashtag? okay. we got tech. we got a great industrial. we got tobacco. we got a bank. hey, that's perfect. nothing wrong with that. we'll throw apple in, but i think apple is different from facebook. i'm calling this social media, and i'm calling this plain old tech. that is fine. i'm willing to bless it. >> hallelujah. >> thank you, players. >>> we had all tech rally today, advanced micro, texas instruments look the pretty good, and i got to tell you, micron looks like it's breaking out. but tomorrow should be new tech in light of the fact that salesforce had such a good quarter. you're going to see cloud stocks moving up on that. you're going to see the workdays moving up, even oracle. a sworn competitor. i like to say there's always a bull market

. >> between that and you talk about the strongest moves in material stocks like martin marietta materials, they make construction aggregates, think asphalt, concrete. >> billiuilding stuff. >> yes. >> that's one observation, the sentiment has changed and enthusiasm. the other is how quickly it's happened and how quickly these moves are happening. another 6.5% rise in copper. it's something cramer warned about at the top of his show. yes, it's good to have this sort of renewed spirit. this was a market looking for a catalyst, but it makes people skeptical when it happens so far so fast. >> jim has been talking about the construction side of things. we'll hit on that throughout the course of the show. the dow hit a record high yesterday, at least at the close. investors adjusted positions after an election that trump won. pershing square's capital's bill ackman says he believes trump will steer the country in the right direction. >> i woke up extremely bullish on trump, believe it or not. my thinking is as follows, united states is the greatest business in the world. it's been undermanaged

by i preper martin marietta materials.now is a $200 stock you you may be reluctant to do it but that's a better situation. i have much more conviction and management there. stephanie in ohio. stephanie? >> caller: hi, jim. >> hey, steph. >> caller: i'm calling about duke energy. we've been consistently losing money on duke energy until yesterday. and i want to know wrb do i sell it or keep it? >> no, no, you're in for 4.5% yield. true that could be headed higher but i'm not telling anyone to sell duke energy now. particularly in an environment where the epa may be denuted. these are interest rate sensitive. when interest rates go higher, these stocks go down. all right, this one trumps all. even the trump rally. hardest course may be to the stay the course and hold on to stocks that could have more room to run after an already fantastic gain. watch more "mad money" ahead, including my interview with a big winner for us. as asth asth as millennials choose to spend money on experiences rather than things. >>> every few secon

the stocks i recommended year, martin marietta and vulcan were among today's leaders. plus when rich people get a tax cut, let me tell you something. rich people getting a tax cut, this is what goes through their head. >> hallelujah! >> and they tend to invest some of that money in stocks. >> buy, buy, buy. >> and rich people represent a pretty big constituency in the market. face it, rich people love it when their taxes are cut, and they love capital gains. so they love stocks. pretty simple. fourth group of buyers, the people who got this election completely and utterly wrong. no, not the pollsters, who after this election and brexit should have whatever licenses they have revoked. bunch of clowns if you ask me. chowder heads even. no, i'm talking about the short sellers who after fbi director comey first damned hillary with the weiner e-mails and then exonerated her days later, felt she was the biggest shoe in since richard nixon's triumph in 1972. now, if you're idly chit chatting about the pollsters and you took comfort in them, if you liked hillary, more power to

if you look at martin marietta, some of the xlb names, materials, industrials, these stocks have already been ripping in the case of xme, snapping a five-year down trend relative to the s&p. >> they were moving up. >> they are moving up on the fact capacity is now constrained in all the mining operations around the world. i think they got a whiff of the possibility of massive infrastructure. >> the longer term thinkers, they are going back to financings thinking about the ability to raise dividends, less restriction in that capacity. if there is one area where you're measuring what's the monumental change today for a longer term money manager who is actually managing a significant amount of money, it is on the financials. >> because of the move you've seen going into this. the financials are virtually 52-week highs across the board. >> that is a significant move in a short period of time. you need to wait and be patient. >> i agree. it's crazy to go out there and buy stocks that moved before you even know who is going to be his treasury secretary. before you know who is going to be his c

those top names include vulcan materials, martin marietta materials. another play head waters. >> up and i talked with spending plan. the fast act. about $305 billion over five years. it looks good. when i look at the returns. summit, stock is up 20% already this week. how confident are you that the gains aren't already baked in in what's been a monstrous couple of days. >> that's a great question. there's really -- we're about to embark potentially on the biggest infrastructure spends the u.s. has seen since the end of world war ii. it's driven by three factors. one the first long term federal highway bill in over a decade. the second which not as many people realize and focus on is what we're seeing with state and local communities doing. they get tired of waiting for the fed to step up so they in turn have also passed meaningful infrastructure increases. the third which is the big unknown we have some numbers thrown out post-election could be infrastructure spend from the new president-elect trump. keep in mind that infrastructure was important for

lastly here as a sampling, martin marietta materials, they make a lot of the construction aggregates, you think things like concrete, asphalt, that sort of thing, a lot of story lines developing, tyler. stock picking has seemed to work so far this year. back over to you. >> thank you very much. with stocks sittinger in records, bonding getting walloped, what should investors do here? let's bring in jim paulson, chief investment strategist with wells capital management. my notes say one of the things you begin with is that the election mostly removed uncertainty, which had lowered the stock market and it is now returned to its previous levels before the election. i remember last monday and the market was going up, because there was the idea that hillary clinton was going to win and that that was going to remove the uncertainty that would come in a trump administration. i don't understand how it is now less certain. less uncertain, excuse me. >> well -- >> i'm confused, i can't keep it straight. >> i think leading up to the election we had a fairly sizable sell-off in the weeks leading

one company seen benefiting from that is martin marietta. "power lunch" exclusive, the ceo, ward nigh. a lot to talk about. how optimistic are you that anything is going to get done? >> i think something will get done. look at the balance in november, look at local balance in 22 different states, they passed by 70%. we have seep an american electorate, we believe something will happen. >> what we talked about, conversations on friday, reported else why as well. trump would like a straight up bill. the gop seems more intent on putting infrastructure as some kind of a tax credit into a tax reform plan. are you agnostic about how it gets done or is one better or worse for mlm? >> we would love to see either one. i think we'll see some blend of each. we have to think about two different things, financing and funding. financing needs some form of immediate return, that will work relatively well in high population areas. funding is going to do something we have to think about on how we pay for this long-term, and how do we sustain it. because that

we see some infrastructure stocks hit new highs as well here like ingersoll rand and martin mariettalso hitting new highs, again on the whole infrastructure play. meantime, where are the hedge funds? interesting note out of jones this morning here. hedge funds have the greatest exposure to tech and consumer discretionary right now. they're all down. they have the least exposure to financial industrials, that's moving up. my point is hedge funds may be once again on the wrong side of the trade. let me quickly point out how well some of the retailers are trading, macy's, kohl's and ralph lauren. macy's had a miss, but remember same store sales still are to the downside. good guidance mostly particularly of kohl's as well, but there's your same store sales compared to the same period a year ago. new highs for the dow jones industrial average up 162 points. carl, back to you. >> if i can stick with you for a second, bob. i was watching that great commercial that had you on for all the years. it really is a fabulous we have people put these ads together a great one, great one also for you

martin marietta has had a 50-point run in five days.ou've got to issue debt right now or within six months in order to be able to justify all of this building that's supposed to come. >> the prospect for lower taxes coupled with what is supposed to be large infrastructure spending is certainly going to mean potential inflation. but haven't we already -- i mean have we discounted that to a certain extent over the last four days in the bond market. >> your 30-year fixed you can get at 3.78 if you have good credit. i think it's perfectly realistic to think that could go to 4.5, 5, if we really start seeing demand for money and you start getting a lot of extra cash because your taxes go low. because then i think the fico scores will be a little bit more -- banks have great loans. i don't want people to call their bank -- i happen to have good credit, okay? i'm just fortunate enough. i remember getting my sixth credit card when i got out of school. but i do think that it's been very hard to get that rate. maybe they make it easier, but the r

build the wall, maybe martin marietta materials gets the contract. >> right. >> i don't know. it's a little granular. >> hence up 12% today. >> materials though, right? >> one i recommended heavy last night. >> i mean, jim, the defense stocks are up generally just because republicans are viewed spending $600 billion a year. >> if people want to go pay -- it's really interesting where we're seeing weakness are these international consumer packaged goods place. like suddenly they're not going to take our cookies. >> well, we stop buying their phones. >> so they stop buying our oreos? >> that's what a trade war is, isn't it? >> it is a trade war. >> buy newcore. had saying steel's been so bad that would be one to buy. it's actually having a decent quarter. they did build a plant in mexico. but new quarter would be your way, okay. do you think there's enough certainty after the election people will go out again. >> yes, i totally do. >> then it's darden, buffalo wild wings, i don't want to -- i'm saying if they're going to go out again, then you're going to want to own a restauran

martin marietta. jacobs engineering sort of a construction company.them showing very big gains because we are highly likely to get an infrastructure package. there you have it. how about, more infrastructure stocks, in particular, caterpillar, it's up 7%. you don't see a move like that very often, you're seeing it right now and the other ones, i don't know well. they're infrastructure stocks, qantas services, cummins, packer, all significant gains. how about drug stocks? i can't explain this except that donald trump is going to-- >> he's going to slash prices. stuart: she was going to put price control liz: she was going to remove patent protection. stuart: for a certain number of years, know the a lot of years, but the removal of that threat makes the drug companies go straight up. you don't see 9% gains for pfizer very often. and certainly not merck, up 5, mylan labs, 5%. glaxo-smith. teva pharmaceuticals significant. how about the health insurers? i think there's going to be a pretty mixed bag, yes, they are. no clear trend there, we don't know exa