that's how i first got onto the amgen story to begin with.t the beginning of the year everybody was fretting about how it would replace its lost sales as it has come up against new competition and ask because mylann has a good one and how amgen's own new drugs are performing, that's a much better narrative. second, another one i tried to get, frankly but this one -- this one is tougher to get into -- it's expensive but we'll talk point expense in a second. it reduces ldl cholesterol a few years ago there was this massive high stakes race between amgen and regeneron to come up with the next class of drugs many figure they would quickly become blockbusters. doesn't america have a horrible obesity epidemic but when repatha got approval back in 2015 tsarnaev it was expensive and cost $14,000 a year the new drugs are superior to old-fashioned statins like lipitor that i can't take and more effective at preventing strokes and fewer side effects should have been a slam dunk but most statins are generic and only cost a few hundred bucks. both of thes

huge price cut which wouldn't normally sound like an act of desperation, right because according to amgen three-quarters of medicare patients never even fill the repatha prescriptions because it's so darn expensive that should give the drug a major boost. you cut the price but expand the universe by so many people, it's going to work. why the announcement -- that's why when the initially got hit on the stock it rallied. i believe we'll hear a lot of good studies that say far more people should be on it because everybody can benefit from much lower cholesterol. the bottom line, amgen is taking control of its own destiny and with it selling -- it's only 13 times earnings i think this one could have a lot more room to run let's go to bill in south carolina bill >> caller: yes, sir. boo-yah, jim. >> boo-yah, bill

amgen, i'll agenda. they could be impacted. up ton see while amgen is more than 7%.re has been a fall. about 5%.down by another sector we should look at is the bank stocks. take a look at my second chart. since see a trump bump the election. the index has been outperforming the s&p 500 until earlier this year. it actually is now below the s&p 500. they say they are positive. it seems because trump's regulators, he is going to be putting proposals in. even if the house does go democrat, the senate is expected to be republican and they will kill anything the house tries to pass. >> thank you. the newhaidi at economy forum. haidi? >> thank you. speech,introductory michael bloomberg, we are hearing from the chinese vice president wang qishan. he is speaking in mandarin at the new economy forum. this is a very powerful position. it is an honor to have him here. whene expecting assurances it comes to the state of the economy. the openness of the economy and the effort to open forward. let's take a listen to what he is saying. --the chinese have lifted i don't know what mem

i think amgen is interesting another name making relative highs versus the s&p in a pretty tough tape where on the verge here of breaking out better log stock, relative highs. amgen uan it's too early on paypal or soft >> the we will bring the chair in there is no vote. >> no voting anymore. >> that's it. >> dictatorship when it comes to inviting people over >> as it should be. >> so was there more downside on the nasdaq does that mean there is more down on theed s&p 500. >> yoend if it happens in the first two weeks. but probably lower prices into the first quarter of 2019. i recognize. sinslety is a tail edwin. >> petes has a bug he is looking funny. >> go ahead. sorry. >> goes with the two good looking guys. >> yes. >> i think ultimately lower prices at some point there is a seasonal tailwind. you could get a bounce but what stood out too many there was more calls on the s&p than puts that's not real fear good lows are accompanied with cath arctic moments. the trend reading was 1.4 you want that above 2 or 3 there is more work on the downside the question is it next two weeks or ne

. >> that is like -- you know, we have some biotech stocks that are down huge like an amgen, which my chuft owns. you can follow on by joining action alerts.com club i would much rather than amgen down 20 straight points. that that's your play. george in washington, george. >> caller: hey, jim cramer how are you? >> i'm good, partner what's going on with you >> caller: good, thanks. i'm doing well mr. cramer. >> yes >> caller: microsoft, it seems like they reported a good quarter. >> they reported a great quarter, but then remember what happened is they got caught up some some sort of tech battle. it's come back down. it's time to buy mark in wisconsin, mark. >> caller: jim, my stock is golar. >> no, too risky, too crazy. we're not going to go there anymore. we got a whole natural gas station going. let's go to rich in illinois, rich >> caller: hi, jim thanks for calling. >> of course >> caller: let's see more volatility markets are, the more i appreciate you. the stock i have is a company called res med. >> he is sensational i've got to get him back on. kevin in connecticut, kevin. >

>> some parts are going out in the wild, if you count, like, amgen or other people we work with "the wild." it's goi, again, to be sort of like the cell phone because the individual elements that are eded to make it happen are all moving quickly in parallel and starting to come engether. >> sasan: linda griffith of m.i.t., thanks so much for joining us. >> thank you for having me. >> thompson: from politics to olotests, events seem to u so quickly these days that it eecan be hard totrack of them, let alone put them in perspective. in an attpt to tackle those challenges, some museums and archivists are now trying to create a recd of our turbulent era for future generations by going out to the field and llecting artifacts in real time. newshour weekend's iviate felic has the story. >> reporter: this is the natieuonal mof african-american history and cultn,ure in washing.c. here, decades-old artifactsthnd photos frocivil rights era are displayed along objects depicting a more recent struggle. lisonnie bunche museum's founding director. >> this is a photo of ferguson anmod trations aroun

. >> i think there is competition of repatha from amgen. and we used to have him on it is a very high risk but high reward situation i am not going to fight you on it because you know how i feel about these incredible wonder drug companies with mad money. as long as you can afford to lose the money, you will be fine make sure you vote nucor is down a few bucks. so what the heck is happening. we are going to talk about the ceo about trump and trade. cutting the core of apple tonight. and you know i am on the lookout for a good disruptor story and tonight i found one on the communication base and i will reveal the name so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough

two huge drugs in the pipeline, for migraines and treatment for depression but their competitors at amgen a new migraine drug that has a new drug that is now the standard of care i think the stock is way too low versus where it was trading a couple of weeks s ago. alergen, the stock rebounded 4% today, but be careful. for months now, we've been hearing about upcoming drugs that's correct rival the blockbuster anti-inflammatory drug here in america, york may be a different story. i thought everybody knew about this stuff this is a new thing with drug stocks everybody has to know, right i figured it was baked in when it was 100 i mean, this was touching 70-ish it was like it was a whole new batch of uninformed shareholders buying the stock for the first time today but it's hard to see this stock crumble in a selloff a few years ago, gilead made a fortune, but when you cure a disease, you start running out of customers now they're introducing a generic version of the drug. while the stock bounced today, i can't see it turning around long-term. bristol myers has been left in the dirt by merck

there i amgen. it's double seeing me. i'm with cesar from telemundo! >> that looks great. >> reporter: a woman of many talents. these are the smiling faces, but you are going to see these smiling faces. these are our wonderful volunteers to bring their together to donate a bag of groceries. for $10, you can really make a difference in someone's life. every year we do this. but here to talk a little more about how important the volunteers are is nancy. tell us about this. you do it every year. >> we have done this for 14 years in partnership with nbc and are super excited to be coming back another year. >> reporter: i want to talk about justin and his friends. all these smiling faces that you saw, these guys are in high school but chose to be out here volunteering. you're part of the key club. >> key club is the world's largest student-led organization. we do a lot of service in the community. but one of the main things that really diversifies key club from other clubs is we have a big social part of it. we have a lot of fun when we are doing these. ove

up at vvcf.org and there's an initial donation of $100,000 and i got off our corporate partners at amgen who have put in $250,000 to start the fund. >> you can it aing about the victim fund for all of the victims and their family members. of course, we'll try to get that information on to our website, nbcbayarea.com as we continue to follow this story. >>> well, other top stories for you that we're following. take a look at what happened in sun valley mall. this is in concord last night. those shops faced with flooding there and a shopper posted this of snapchat of water seeping into the concourse. the mall spokesperson says that a water line broke. this caused a pool of dirty water to cover much of the lower level of that floor. a minute men worked overnight to try to fix the problem. the mall says it hopes to reopen sometime this morning. >>> well, meet elon musk's new boss. robin denholm is the new chairman of the board at tesla. musk was forced to step down from his role as part of a settlement with the s.e.c. denhelm has been on the board for a while but musk is still the face of te

take a look at some of today's laggards on the nasdaq 100 nvidia, tesla, amgen, costco and gilead moresquawk alley" after the break. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. ♪ ♪ i'm all for my neighborhood. i'm all for backing the community that's made me who i am. i'm all for my theatre, my barbershop and my friends. because the community doesn't just have small businesses, it is small businesses. and that's why american express founded small business saturday. so, this year let's all get up, get out and shop small on november 24th. i got croissant. small business saturday. a small way to make a big difference. [ready forngs ] christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you

go talk to the guys in amgen and pfizer.re dealing stuff -- percocet, all that highly addictive xanax. that stuff will mess up your life. this won't. lemonis: in desert hot springs, they seem to agree and have issued permits for more than 3 million square feet of construction to more than 30 growers. good for business, but i wondered if the town's reputation would be hurt. are you originally from this town? scott: born and raised. lemonis: scott matas is the mayor of desert hot springs, a self-described conservative. scott: i was a "no" on marijuana use in our community in 2007. lemonis: what happened? scott: the economy went bad. we needed to find another revenue. lemonis: when they put it to a vote, more than 70% of the residents here said "yes" to growing recreational pot. mayor matas doesn't smoke, but the side effects of weed are saving his town. job creation? scott: job creation -- it's taxation... lemonis: think about this. it costs $15 million a year to run desert hot springs. the town could eventually collect $50 mi

would like to get their hands on -- the big oncology guys, bristol-myers, roche, novartis, potentially amgenf the big pharma companies at the moment. has been speculated about before as a takeover target. scarlet: i know you don't cover tesoro typically from a stock perspective, but it is a classic company, not profitable, perhaps really just trading on future growth prospects or the pipeline of drugs. what do we know about the company, maybe there pipeline, that makes them so valuable to a big suitor? they have a great drug in prospects. you could see that reflected a year ago in the share price they were trading on. the shares are well down. the reason they have called off so much is they have seen other people come into their market. they have also developed a company called clovis, which is up on the back of this news. had not great data in the last few weeks. are there other drugs in the pipeline? theseke all of development stage companies, they have one drug that is potentially the blockbuster. we have seen it a lot with these kind of deals, where the big pharma companies will pay for

sindi hyde smith of mississippi she made a joke about attending a hypothetical public hanging and amgenizer, and if you're going to wake up at 4:00 in the morning to go shopping on black friday or tomorrow, you are going to need to be well caffeinated. good thing then that in addition to black friday, it's also national espresso day so dunkin' donuts and starbucks are offering deals. >>> and finally, a hero dog in florida saved his observer from a fire that is gator, and he woke his owner casey meadows when the house started to burn. gator jumped on her and licked her hair and they got out just before the roof collapsed. that house was completely destroyed, but luckily gator and casey are both fine, and gator got a really big bone out of the deal so that's good. there we go. >> gator became her aid. >> exactly. >> there you go. >> i got it. gate or aid. >> that was good, wilf. >> not that funny. >> it was good have a great holiday. >> happy thanksgiving. >> you, too. >> still ahead retail stocks outperforming the broader market ahead of the holiday shopping rush. coming up, we'll tell y

boeing and amgen done this over the years. i don't think dividend are at odds with capital gains.ing more reliable, low volatility way to get capital gains. stuart: okay. >> there is a few examples as you go into your pre-thanksgiving weekend, my friend. stuart: full disclosure, because of your recommendation i did buy some blackstone. i thank you very much indeed. >> yes, sir. stuart: thank you, david. >> happy thanksgiving. stuart: and to you, my friend. big hour for you this friday, the caravan, migrants, went to the u.s. border patrol agents in arizona started detaining some of them. 650 in the last few days. president trump says he is willing to shut the government down to build the wall. texas congressman, favorite of the show, louie gohmert on that, next. >>> democrats going after big business? alexandria ocasio-cortez outraged over amazon's tax breaks coming to new york. bernie sanders promising to go after walmart. we're on it. >>> keurig with a premixed cocktails. what is wrong with going to a bar to have a mixologist do it for you? i will talk to "bar rescue"'s jon taff

i amgen fer casarian and i work here at san francisco international airport. the idea for therapy dogs got started the day after 9/11. an employee brought his therapy dog to work after 9/11 and he was able to see how his dog was able to relieve passenger's jitter. when we first launched the program back in 2013, our main goal was to destress our passengers however what we quickly found is that our animals were helping us find a way to connect with our pang. passengers. we find there are a lot of people traveling through the airport who are missing their pets and who are on their road a lot and can't have pets and we have come in contact with a lot of people recently who have lost pet. >> i love the wag brigade. >> one of my favorite parts is walking into the terminals and seeing everybody look up from their device, today everybody is interacting on their cell phone or laptop and we can walk into the terminal with a dog or a pig and people start to interact with each other again and it's on a different level. more of an emotional level. >> i just got off an 11.