they pay out a quarter of the earnings, and they have a 3% dividend earnings yield, so i love bristol-myers. >> and you have regions financial, and by the way, a competitor to john's competitor huntington bank, and are you encouraged by the yield curve or the rise in tenures or the rise in the economy or d, all of the above, allan >> it is d, all of the above. thinking about the banks, they were beaten down in covid, and especially the regional bank. and the view that a lot of the customers and especially the commercial customers were impaired because of the leases, and because of, you know, business being slow, and you think about the regional banks, for one, they have already made adjustments in the form of the way they estimate the losses, and the losses are going to be a lot, and not as bad as what they have accounted for, and so a lot of the regional banks are trading at a discount to the book value or right at the book value, and historically trading at a premium, and i love that they have a 4% dividend yield and i love that the stock has not done that well, and really in the fourth q

bristol-myers, 3.3% dividend. then you move to verizon, okay, maybe it's a 5g play, but also they have one of the -- [inaudible conversations] 4.5%. liz: right. >> and then look at chevron, right? i know he wanted to get into that space, 5% dividend there. i look at some of the bigger purchases that he made, and it seems to me like you just mentioned, he's looking for that stable dividend and dividends on companies where there could be some upside on the equity side as well. in terms of what he reduced, it was a purge across the board in the bank sector. it was a full-blown purge. but then to you look at apple and people say, oh, why is he getting rid of apple? well, you know what? his apple he reduced by 6% if what he did in quarter three. he still holds almost 900 million shares, $118 billion. so he's cut the apple not because he doesn't like it anymore, but just because it was the getting too big a percentage of his portfolio. it's still 44% of his portfolio. liz: yeah. he just skinned it a little bit. >> exact

go up i would swap glaxo for bristol-myers right here, right now, without a problem i need to go toliam in florida, please. william. >> caller: yes, sir, mr. cramer. thank you for taking my call >> of course >> caller: yes, sir. can you hear me? >> you sound about thor than ever, frankly. >> caller: my question is i follow fedex for several months now. i've seen it move from the 34id 100s to just over 300 in november where it seems to be hovering right now is around 240 to 250 after a strong quarter, q2, with revenue up year over year, 18.7, beats on eps by 20% and great quarter in the financials, where do you feel -- or what do you feel may be holding this stock down and how do you feel ceo -- >> i'll tell you, people still feel that this stock had a huge move and it's been settling. i prefer united parcel why do i say that? because we had -- she told you it's a turning point she told you the revenues are going to get better, they're going to make more money for package and the stock's up $2. i think you buy ups and then soon enough you'll say -- ♪ hallelujah ♪ i got the right one.

news from bristol-myers on a new covid-19 therapy.♪ ♪ vonnie: glaxosmithkline and the jarrow -- in a german biotech have struck a deal to develop nexgen vaccines against covid-19. they spoke with alix steel and guy johnson. >> there is great work. they are looking into, can it do something like a flu season? with a food -- flu season you don't start with phase 1, 2, 3. we kind of adopt process and we are all learning about. guy: let's talk about the aspects of logistics of making this work. clearly, finishing has been a huge challenge for a lot of people, getting the vaccines out. where are you with it? what are you short of? where are the bottlenecks? >> that is a great question. what you can see is a cross industry effort. there are still unfinished, if you can see it like generic. you need to adopt the processes of course. there has been no manufacturing so far because it was not needed and now we are talking about big quantities, so we have to think about the starting materials, it's was not available because there was no need. th

the same problem with bristol myers. nobody wants the stocks now. i prefer bristol if you look at the chart, that's a chart of people saying the economy is going to open or i don't need a drug stock and it doesn't matter how good merck is doing. >> caller: jimmy chill, bo ya. >> boo-yah, my friend. what's up? >> caller: you're the chillest you're the best. you make us go whoop whoop i want to ask you, this company just announced a partnership with ibm, great things and then some rumors about facebook and i don't know, the lockup period is expiring soon and the earnings coming up. what should we do? >> i don't know about the one that you rumored i know the ibm deal is solid it's very good to bring in artificial intelligence. ibm is a good partner. it shows it verifies palinter. it's enthusiasm stock. don't get many twitter people. it has the ability to go up no matter what the quarter reports. let go to herbert, my home state of new jersey. herbert. >> caller: hi, jim, boo-yah. >> boo-yah, herbert. >> caller: thanks for sharing your experience and fin

12 times earnings. 3.5% yield he said you want me to stick with j and j i said how about the bristol myers? he said i don't know i said how about walmart walmart? i got to get some walmart. that's okay. that's still a good conversation it's reassuring when people ask me about steady eddie drug companies and not the froth that it hasn't gotten too insane. that's a good conversation but when they tap me and say hey, cramer, how about the flying car stocks and space tourism, we're getting out. the reason the market is still in charge right now but sooner or later at that pace it will change, too. bottom line, yes, you have to make hay when the sun shines i want you to do that. stocks are pieces of paper and wall street will pirint them ou until the buyers are running out of firepower we're not there yet. we're not. if there is one take away from the froth meter, we're most certainly headed in that direction. i need to go to rob in pennsylvania, rob? >> caller: boo-yah, jimbo coming at you from pennsylvania i want to talk to you about stock utz, good old pennsylvania brand. potato chips and al

berkshire hathaway increased their purchases in abvie, bristol myers, merck, and not just health careand exited investments in pfizer, and pnc financial. meantime, in covid news, the white house delaying the time line on when it expects most americans will have access to a vaccine. it is now looking at mid to late may or early april dr. fauci pointed to j&j cutting their initial supply estimates of course the j&j vaccine still needs to be approved but all in all, those numbers ahead of some of the more dire estimates a big money story this morning, elon musk's spacex just raised 850 million. that puts the company's valuation at a stunning $74 billion, about 60% higher than its valuation only last august elon musk, wow >>> all right. time now for your morning rbi. it's back. and this one has to do with the big story out of texas that we and the nation have been following. millions remain without ower, and serious problems in the power market one of the big problems is a huge spike in the cost of power. now, you may not realize it, but electricity is bought, sold and traded every day, j

as for drugmakers, the company is shipping by increasing state in merck, bristol-myers, but he did getlso bear gold was surprising stocky body into and now out of. stuart: does it do that does the? susan: warren buffett, guess the founder and probably the biggest shareholder in brookshire hathaway, but he has children that do a lot of the children especially with the new economy plays like apple. stuart: apple down a dollar 72, one and a quarter precent, 131 on apple, the deep freeze is sending energy stocks higher. let me see, energy stocks on left-hand side of your screen with oil companies doing well. susan: chevron and exxon mobil as you can see holding onto their dividend which a lot of people like, but the fact we have oil prices at their highest in a year means also more sales and more profits for these names. stuart: i'm a little surprised the market on the downside. when i heard president biden was saying spend, spend, spend i would have thought that would have translated to into the market. susan: blockbuster retail sales this morning, five times more than expected in the mon