i like the mosaic business that ambarella has. remember this is a market that will pay for growth gopro, ambarella and fitbit they're not too expensive for the average growth manager out there and it can go higher. much more ahead, including a biotech that can give sight to the blind with a stock up 30%. don't miss my exclusive with the ceo of a company that you've asked about. if you got crushed by a knee-jerk reaction by chipotle's earnings don't say i didn't tell you so. how patience can get you out of the house of pain and plus a brand new edition of the lightning round is just ahead. stick with cramer. ♪ ♪ mom has always been one of those people who needs to keep busy. if she's not working in her garden, she's probably on one of her long walks with bailey. she was recently diagnosed with a heart condition. i know she's okay, but it concerned me she's alone so often. so i encouraged her to get a medical alert button. philips lifeline offers the best options to keep her doing the things she loves in the home she loves. if she e

watch also ambarella. ambarella is pulling back in the after hours session.hey are of course a supplier to gopro. as well as many others, including drone makers. interesting how the stories are so linked and yet ambarella, not all the eggs are in the gopro basket there. >> ambarella is pretty diversified. mel, you and i have gone back and forth on this. i have to think they were on a short list given their exposures away from pcs, more industrial, as a takeover candidate. i'm with tim on the gopro thing. i don't think you pay for what you're paying for it right here. and i don't like the talk about vr and drones and all this sort of stuff. i don't think it's exciting. and ultimately i think it's important to remember. you will have flip camera here at some point in the next couple years. >> again with the bold prediction. as we head to break here's a look at apple. and we are still seeing the softness in the afterhours session down 7 1/2%. just off of afterhours session lows. but after that 120 mark essentially. we'll also look at the apple suppliers plunging

the move in ambarella recently had a big move, north of 110. to be some tailwinds to gopro. i know it's sort of -- it's been either side of this $55 level but i think gopro's going to rally. >> you've got to go with gopro. >> you love the gopro. >> it's a revolutionary technology. >> you put it in the drawer, you leave it there with your socks. all that whole nine yards. >> you put the stock certificates in the drawer and you use your gopro p they've got drones. they've got submarines. the things awesome. >> if you like drones, though, why not just go ambarella? >> i'm gopro as well. too much detail on that, but i would say absolutely stay away from yahoo!. i don't think that's a stock you want to own here. i think the whole baba overhang. the tax issue. 53 cents a share. it's not a stock i want to own. no growth there. sell it. >> if i was forced to pick i'd go gopro. i don't really like it but i think you get that drone -- i'm not happy about any one of them. just as david just said, if you go to yahoo! it seems like we're talking about ebay

. >> do you like ambarella as well?m not as crazy as ambarella, i have to say, but i also think that this is the way to play it. i think in all of these names this is the way to play it. in many instances as expensive as these options are they are cheaper than they have been and they are implying moves stronger smaller than not only what these stocks have historically reported but what we're seeing this earnings season. >> i don't know what's gone into you. >> it's hysteria. bullish hysteria. >> got a question out there about options, about mike's facial hair. who doesn't? only one place to go, optionsaction.cnbc.com. we have the hottest options and news videos throughout the week and exclusive trades. so what are you waiting for? here's what else is coming up. no need to be scared because a collapse in the vix could signal a massive buying opportunity. we'll tell you what has traders so excited. plus, calling all "options action" fans. we're taking your tweets. so tweet us at "options action" and hopefully we'll answer

same kind of story is building out right now for ambarella. they're actually going to get some gains because of what they're seeing going on with the drones as well. that's further out. i think right in front of us right now is gopro showing us that this is a brand and a brand that can compete against a lot of the others. >> the drone story right now for ambarella. it's expected in this quarter that they're going to report more than 10% of vechbz going to come from drones. >> that's going to accelerate. in terms of gopro they're looking out a little bit further. >> is this ridiculous? >> can you say the word competing? i don't know who gopro is competing with on that level. >> the xiaomes of the world. everybody shoots down me when i say somebody's competing with them. i'm giving you that somebody's competing. >> they have the market share there. i mean, listen, you have to make a bet whether you think people are still going to have these big bricks on their helmets or whatever in a few years. and don't bet on drones. >> the bricks got smaller

don't forget about the need for drones, ambarella. the tide is going out and while much of the market is naked we can see who is wearing the snazziest speedos. those like fang and housing and droning and defense. everything else, they're just hoping to stay afloat. ed in florida, ed? >> caller: big booyah jim, from florida! >> right back at you. >> caller: thank you jim. i want to thank you and your team for everything you do for us little guys jim. you guys are great. >> team makes me look good every day. including heather gains, happy birthday. >> caller: thank you, happy birthday. >> she deserves it. she's tireless and tall. >> caller: anyway, today i wanted to ask you about my stock that i think has got a lot of growth even though i think it's undervalued. i know it's $9 off its high and i'm not sure if i should buy more, hold it or sell it. my stock is lowe's. >> all right, the research director, my charitable trust we were banging heads today. do we trigger on lowe's? and the answer is -- >> buy buy buy. >> yes. frank in new yor

my is ambarella. for the year up 117%. gopro got an upgreatade ahead of its earnings report. the first time ever ambarella will report 10% of revenues come from drone. if you like the drone story, take a look at ambarella because drones are a huge driver of growth. >> my stock is microsoft. apple is the number one performer on the dow this week. microsoft the second. apple gets all the love. i was surprised to look down at my screens and see microsoft up more than 4% this week. you talk to developers and read some of these blogs and windows 10 as well as their virtual reality product actually getting some deep respect in the market. microsoft is my stock of the week. >> all right. that is a good one. we should note in terms of netflix and google big breakouts. google higher this today's session. tonight on "fast money" we'll have a top technician to explain why he could see a historic move in stocks. >> thank you, take care. thanks for watching. get your power lunch to go. "closing bell" starts right now. >>> welcome to "c

. >> ambarella. >> you said it and i have no more to say.mbarella is the buy. >> we have a lot more to say. keep an eye on apple. in the us, three in ten college students drop out. but how can you spot who's at risk? the one who lives far from campus? the one who works the night shift? the one with new responsibilities? one thing can't tell you, but the right combination can. universities are using ibm analytics to understand pressures in and out of the classroom- some expect to cut dropout rates by twenty-five percent. ibm analytics is working to make education smarter every day. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this. >>> you're w

i bought ambarella, i view them as the same, because of the citron sell-off. it has recovered the sell-off from the $118 level down to $94 or so. i'm out of it. >> you're out. >> i still like it into earnings. >> hasbro reporting a bead despite head winds. joe? >> i think it's more than the anticipated head winds. think about where hasbro was and mattel in 2012. the transformation, the introduction of all the apps we see kids having now. they've done a phenomenal job of diversifying, this is a stock a complete moon shot in 2015. "jurassic world" benefited them tremendously. the boys division is doing well. the girls division down on the year. you have "frozen toys" coming in early 2016. there's a rich valuation to me but you can't argue with the performance of the stock. it's one of the reasons you probably stay with it. >> disney and marvel studios coming in first with their new film "ant man." pete najarian? >> this guy has done absolutely everything and the acquisition of the marvel and when you look at what they're doing going forward, they have more conte

ambarella up huge again. might lend itself to some strong earnings for gopro tomorrow. bad earnings yahoo!. good earnings gopro. >> we'll see. coming up chipotle earnings on deck and the "fast money" team is doing some groundwork on wlrn whether or not it really has the best burrito. a full-on "fast" investigation right here on set. a shocking reversal in morgan stanley after its earnings report. what was it about the results and traders hitting the sell button in we'll break it right down. stay tuned. so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep them all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your boysenberyy apple scones smell about done. ahh, you're good. i like to bake. with at&t get up to $400 dollars in total savings on tools to manage your business. why should over two hundred years of citi histor

go pro and ambarella, they like. the fortune brands and whirlpool.e like that theme and these are all themes that are working in a constrained environment. now, cameron, you'll see that cam, they call the bottom, in deep water oil. core labs says it's a v. they say u.s. oil production they know more than anybody. he said u.s. oil production peaked in april. we'll be in supply demand balance by the end of the year. he said it's going to fall and now he's calling a bottom. it's not like other people who called the bottom. he called it yesterday saying the supply and balance by 2015. that fund has got to be revealed before this thing bottoms. >> that's an interesting piece of information in terms of his call. all right. let's get to the broader market as well and get bob in on this. he's on the floor. >> reporter: very mixed open. consumer discretionary is strong. what an ugly week it's been for the dow. everything that's important that's reported this week has been a mess and it's dragged the dow down significantly. united tech at the open down 9% for