i tell you to buy, buy, buy or sell, sell, sell.e'll play this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." let's start with devin in missouri, devin. devin? do i have devin? big mo? devin? >> caller: uh-huh. >> you're up, devin. >> caller: oh, hey, jim, is now the time to buy ceo zoe oil and gas mps. >> i've been liking it for a long time. it is really well run and i don't think you're going to get hurt if you believe i do that oil is going to 60. pull the trigger. john in connecticut, john. >> caller: booyah, jim. john from bethel, connecticut. i need to add an industrial to the mix, and i'm wondering what you think about emerson. >> i would wait to see what emerson reports this week frankly because i know that the orders for the last month were better. if you want an industrial right now for the picking, we go itw, illinois tool works. let's go to joshua in florida, joshua. >> caller: hey, jim. booyah. >> booyah. >> caller: i've

buying that dividend yield. >> is this the industrial you would want to buy?> i think when you look at it, it checks a couple of boxes. more importantly you hearer him talk about this coalition on. the america made coalition. it feels like a corporate civil war. you have 25 companies on the president's side saying we're net exporters. then you have the retail corporations saying do away with the tax. we don't like the tax policy. and it remains to be seen who will be the winner in the end but ge, maybe i wouldn't bite just now. >> gto tesla. gl musk speaking to vice president pence. it is not clear what was in the call. musk in pretty much constant contact with the administration. it has been on a tear since musk was named on trump's advisory board. now just 10% away from all time highs. so is tesla a must-own stock? >> i don't think so. back at 260. this thing has gone up in a straight line from 180. guy adami has been all over it. you and i were talking about it yesterday. musk's positioning around the president and with this administration, it is pretty int

can he convince them to buy? he'll be taking to the mound for his very first fast pitch. >> it has been a safety trade. take a look at stocks in gold. the up 3% and stocks, well, little changed despite being at record highs. is safety your best bet in this seemingly sideways market? pete, what do you say? >> i don't know if you have to if you go to safety. we've had a lot of unusual activity in the gold world over the last month and a half ever since the election. we started seeing it at gdx. and slv for that matter. i don't think it is just with that. i think it is about what is really happening in the earnings season mr. trump obviously every single day will seems to be a story about what we'll be doing going forward. i'm still focused directly on the earnings themselves. i think there's technology stocks that's a place you can be. you don't have to just go to safety but safety is working. >> i am actually long on the goal miners still. even though market is flat, you don't to have look as he said for safety. i

the question is, what do you buy and when do you buy? people are so nervous.hen do you have get in. do you buy tech, given they are in a fight with trump? where is your pick? >> i think we are in the most uncertain times since the late 70s. that's how i see the 40-year cycle coming into play. it's almost like musical chairs. even if the government and the fed raising rates. you don't know what stocks to buy. you need to be diversified and nimble. you need to make sure you are working with somebody who those what they are doing based on what the market conditions are or you are a long-term investor and you buy the dips. liz: what do you buy? >> healthcare. the on sector that's count last 12 months. wh's repeal and replace gng to loolike. meanwhile demographics are improving. i'm nibbling on healthcare and weakness. technology, the best sector on the market. when we get repatriation which i think we'll, there is no sector better. gary: it sounds like if you are right, i should be buying bonds. >> the report comes out every friday afternoon by the futures trading

this is a market buying value all year. it has been buying value for nine months. i think he said that. it is not a very good, it is not necessarily the greatest back drop. of all the names, google stands so far ahead of the class because of the value aegs. probably low 20s growth. >> coming up, president trump visiting the boeing factory in charleston, south carolina on. as a number of defense stocks are trading near all time highs. plus the biggest names in retail are getting set to report next week and one is trading at all time highs. and are you worried about the record highs? ♪ we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. ♪ some things are simply impossible to ignore. the strikingly designed lexus nx turbo and hybrid. the suv that dares to go beyond utility. experience amazing. [he has a n

it's not a question of why didn't you buy apple. what else did you buy. right?> right. >> i think i've done well in my technology picks. in terms of apple i'm extremely worried. the issues that trump has surfaced about apple and others, manufacturing goods outside the u.s. and shipping them into the u.s. is a major problem. and apple is right there. it's not just trump who's raised this. raised during the obama administration. and democrats have been focusing on this for a very long time. that at some point will come home to roost. they're not only an abuser of our tax code. we know they've abused the european tax code as well as witness the $14 billion assessment that the eu has put gains them. that will hurt them. and the trade war with china and losing market share. they're losing market share in india. this is the upgrade cycle. i'm following the other lemmings going along, hoping i'm smarter anthem and get out before them. i wasn't referencing you and your cash. the stock price less than the cash. which by the way, tell me when that's ever worked. >> well,

i think this is a great buy here.hey have about a billion dollars last year. $1.1 billion this year, ebitda. they've got a market cap of $1.9 billion. those two numbers don't compete. the market cap should be much higher for that amount of cash flow generation. just give it time. today is nonsense. >> okay. nonsense. doc, foot locker, best day since august of '16. comps very strong. the stock reflects it up. up 10 sgl%. >> even with cautious statements about how the outlook looks, the quarter was just phenomenal. and so a big beat. and same-store sales up 5%, judge. just a strong quarter out of foot locker. >> speet, restoration hardware. look at this stock today, up 28%. >> and this is one of those names we have for activity on february. buy back is 300 million on that side of thanks. guide aga guidance was strong. stock is up. on the lows. but a great move in the last month and a half. >> what do we say, judge, when we were talking earlier in the week? where are values? ralph lauren and restoration hardware. look at

it's a buy, buy, buy.ne of the reasons we thought it looked like another one of our faves, which is thor industries which has seemed like a permanent den ien on the new high list. chris in texas, chris. >> caller: thank you for taking my call. >> my pleasure. >> caller: i'm seeing signs of inflation out there and wondering if it's a good time to start a position in agriculture. i want to ask you about a stock that i've never heard you mention. it's adm, archer daniels midland. >> it's too inconsistent, that's why i haven't mentioned it. if you want consistency through thick and thin, may i suggest you go with reeshen haugen and add coe which hit a 52 week high, and he bought a ton of stock at the 52-week low. how about albert in florida. >> caller: thank you, buddy. i appreciate you taking my call. you've been a big help to me for, shoot, probably ten years. listen, i've been buying up stock of dow chemical since november, and i thought it was a good investment. is this an investment or a trade -- >> you g

people to have buy domestic and they don't end up buying imports.t what we have and i think this won't work. and notice everyone of those companies. there's not one retailer in there. >> the one that surprised me was s&p global. you're also talking about capital imports. indoor capital markets. the stock market. and somebody like s&p benefits. so i was surprised on that particular one. >> if it happens, look for the cherry on top. even before the three letters were even used by a great anchor like you. a company like boeing, for example, was doing just fine and dandy prior to this. this would be the cherry on top. >> all right. one of the business leaders that signs the letter in favor of the border adjustment tax was david ricks. by the way, he'll be on a pretty fine show. an exclusive interview. 2:30 p.m. eastern on power lunch. on the other side of that b.a.t. flap, retailers. they hate the idea. they claim it would hurt consumers and their profits by raising prices. but even if a border tax does not get taxed, many major retailers still have a l

i tell you to buy, buy, buy or sell, sell, sell.lay this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." let's start with chuck in california, chuck. >> caller: hey, jim. this is chuck from golden state warrior country. >> well, you got over to the sixers here. what's going on? >> caller: i want to know what your feelings are on paypal holdings. >> i think paypal, not inexpensive. but at the same time, great growth with a fantastic ceo in dan shulman. let's go to thomas in connecticut, thomas. >> caller: booyah from stratford, connecticut. >> nice. >> caller: what do you think about going long with first solar? >> got enough problems with so many of the great energy companies right now. this company just had a big jump up after really getting clobbered. we want to stay away. too rocky. bill in wisconsin, bill. >> caller: hey. how are you doing, jim? >> i am good. how about you? >> caller: thanks for taking my call. what's your idea abo

i wouldn't be buying the stock here. i think the quarter is going to be good and guidance will be bad. the run-up to the ipo could be good for this relative valuation. here's the thing into the print. i think you could look to a risk jun expiration sell the downside, june 15 put and use the proceeds to buy the june 20 call for $1.15, cost you 35 cents and gives you leeway, the market five months or so, that stock as it goes up towards the long call strike you'll make money and as it goes down to the short put you'll lose money but the worst case scenario the stock at 15 and i think you want to -- >> all you can say is what this is, it's a trade, there's nothing wrong with that. as an asset and premise, it's uninvestable, $75 and here we are three years later $17 and one way story. down and to the right. at some point can you make a trade? -- >> there's a bit of an exception to that. around this current valuation of about $12 billion or so there has been this very tepid response. every time it's gotten down, you've done t

buy some stocks and they go down big, you got that paycheck coming. it's only older people further down the line that don't have enough paychecks left. you take the big risk. that's what i want. chris in oregon, chris? >> caller: yes, jim, thank you for taking my question and thank you very much for all the great advice you've given me. every position in my portfolio is captain cramer approved and doing very nicely. >> you're very kind, chris, thank you so much. how can i help? >> caller: my question is, i have a ira equity portfolio that i don't plan to draw on for about five more years and everything then is obviously reinvested into it. my question is about dividends. does it matter whether you reinvest the dividends back in the stock that generated them or reinvent them in the fund in general? >> all right. i have -- any time you can reinvest dividends, reinvest dividends. power of compounding, one of the greatest single things that can happen to your money is the compounding of dividends. okay, teach a man to fish and the show evolves but our mis

they should buy insight. the conclusion of "the lightning round." >> "the lightning round" is sponsored by -- hey gary. oh. what's with the dog-sized horse? i'm crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what aboumy motivational meerkat? in-app chat on thinkorsw. only at td ameritrade. on a perfect car, then smash it into a tree. your insurance company raises your rates. maybe you should've done more research on them. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist you 24/7. call for a free quote today. liberty stands with you™. liberty mutual insurance. >>> here's something you don't hear enough when

down two points, they buy hospital stocks. bristol-myers, go buy bristol-myers. remember the big cap pharma? lily, merck, they love them. every time we come in, there's these guys with baskets waiting. >> jim, back when you worked at your fund and i would talk to you then, we know that corrections are only natural, normal and healthy until you get them. everybody says they're a buyer. take the tape down 2%, 3%, they're being forced to derisk even though they may not want to and they say they want to buy weakness. typically it comes out of nowhere. people often ask us what's going to cause this correction? if it was something that was predictable by definition, nobody would sell it. it's something that comes out of nowhere that creates a fundamental perception change. typically associated with a fed and ultimately a recession. you know, i think the most important part of this call is that, yes, we may get a sharp correction. i would be neutralized ahead of that. until you invert the yield curve that won't even happen based on the forecast until mid '19. your mean

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liz: if you buy like buffett. siriusxm, he likes to buy companies with a moat around them.e no serious competitors if you look at that. >> the question is getting people to pay for subscriptions. that always has been the struggle there but as you say the competition is very limited. again if he sees something that others don't it is worth a second look. liz: what do you see in this massive rally and multiple record highs not only since the election but stringing together three, four, five, for the dow, nasdaq and s&p? >> i have to tell you we're getting awfully close to our year-end target. liz: really? >> this is somewhat amazement. we're one one% of the s&p where we thought the year would end. that may still be the case. we're seeing good earnings and if we get any sort of corporate tax reform, there is going to be leverage on those earnings and i think that is what the market is seeing. [closing bell rings] liz: tax reform trump talk did it again. the dow gaining 103. david joy, ameriprise. thank you. fireworks for the market. a big day. david and melissa, over you. davi

david will tepper just made a huge buy.re's something in the chart that had smells trouble. 's aersileceduaz we'rst going ton w gono inmorvte vte!? alad o ouadmigh.. c! ve tsw m me chine stov yrent..a c. th cnge, the le oe'te yyle alwi la din iorti. wh iofs,ishehaers? th cnge, the le oe'te yyle alwi la thstes din iorti. ur fute.,ishehaers? ho shie, the le oe'te yyle alwi la thstyon' irvises gos anfoune an dnsigern perso ha >>> we've got a news alert on what big investors are buying. >> thank you. david tepper makesome bigs bets on pharmaceuticals. buying 5 million shares on teva and more on pfizer. it is also clear, hedge funds like banks. big banks and if we can be more specific, they like bank of america. we saw more capital tiger management and third point all adding more than a million shares each in b of a. we saw some funds taking stakes in other banks such as citigroup and jpmorgan. they are first since the election and it is clear that investors believe bank there's benefit from both higher races and looser regulati

if you're buying all these stocks. they're bringing back all this cash. >> you're not buying just the repatriation. you're buying the earnings themselves. at least a 52-week high. take a look at the applied materials. or klac. in the chip space that sfweed the chips themselves. they're hitting highs for a reason. the chips are high. it has nothing to do with the reparticipate yags. >> we had 200 worth in the last two months and a lot of that. they did have a lot to do with it for all intents and purposes, peter. >> now you're peter. >> and then peter. >> we have to go break. >> the big story, bob iger will be here to talk about preferring the "star wars" to espn to just how long he'll hold on to the reins of disney. a julia boorstin exclusive. plus, following the stock, it is what he didn't say that has our traders shaking their heads. and the white house taking aim at drug stocks. we'll tell you the words that sent chills through health care sector. say carl, we have a question about your brokerage fees. fees? what di

i tell you to buy, buy, buy or sell, sell, sell.ll play this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." let's start with joe in virginia, joe. >> caller: hey, skee-daddy. we get your tweets 24/7, follow you every morning on squawk and here on "mad money." >> thank you. >> caller: really helps with the homework. please keep it up. hey, jim, please signal to regina because i have a two-parter here. okay. with all the talk of hacking and focus on cybersecurity, first this is a trump stock, trump stock, or is it not a trump stock, not a trump stock? second, if you were long on this stock, would you hold or sell? you're e fireeye. >> these guys just miss too often. you know, they're in the penalty box big time. regina agrees with me there. let's go to anthony in iowa, please, iowa. >> caller: how are you doing, jim? booyah? >> booyah. go ahead. hit me. >> caller: i'm interested in finding out about advanced disposal services, what you

that is a huge buy back. home depot is already what i call a buy back monster.003 they have cut their shares outstanding in half from 2.36 billion to 1.21 billion shares. they're not alone. a lot of companies have drastically cut shares in an effort to boost earnings. very simple idea. since 1997 ibm has cut its shares outstanding in half. exxon has cut its shares by 42%. intel and cisco have cut theirs by 32% since 2001. buy backs are no panacea for stock growth. ibm woefully under performed the s&p 500. that's a five-year chart. they were beset by five year growth revenues. revenues were shrinking and there weren't any revenues from nascent businesses from like watson and others to replace it. the lesson is very simple. no amount of financial engineering, like buying back shares, can replace management's inability to grow the business. home depot grows the business, the stock goes up. ibm has trouble growing the business and the stock has trouble even with buy backs. >> maybe i should have said in terms of these companies, the share count is shrinking but, you

do you buy that argument? >> no, i don't buy it because consumersov consumer over time have been buying less and less apparel as they spend more on experiences and technology so they're going to transfer their spending habits and i think a lot of people are on pretty tight budgets. that's why this election went the way it is and i think if you have a price increase, people will adjust their spending. >> mr. johnson, i think melissa did this interview the other day with terry lundgren and he basically said, when we get it together, the consumers will come back to us here at macy's and mel said, what makes you so confident they're going to come back. do you think people are shopping differently? jim kramer today said anything associated with the mall in terms of a stock is effectively dead money. do you agree with that? >> you know, unfortunately, i tend to agree with jim kramer on this one. what people don't realize is for 22 years, amazon has built, in the u.s., an $80 billion business, and that's had a lot of

tom friedman: money can buy you comfort. it can buy you better health care.n buy you certain opportunities. and a meal at a good restaurant. and those can make you happy if you have got the underlying thing first. if you're in an unhappy marriage, unhappy work setting, you could have all the money in the world but it will not buy you happiness. warren buffett: i could take all my money and do what they used to do in egypt, i could use that money to build the biggest tomb ever built, we could have it outside omaha and i could literally get 50,000 guys to put them in loin cloths and haul granite around and make them forget all about egypt in 10 years. the net product of everything i had done in my life would be the world's biggest tomb and 1000 years from now people would come to omaha to see it at that strikes me as crazy. even modified versions of it. i do not get it. michael bloomberg: a cynic would say you cannot to get with you, although i remember the cartoon with the family with vultures looking down on this conjurer on his deathbed and he says, i know i

that's what you're buying. you're buying a business. whole bunch of businesses. are those businesses going to be worth ten, 20 or 30 years or more from now? of course they are. but if you think you can jump in and out or you know the time to come in, i think you're making a mistake. >> in my lifetime you said you wouldn't be surprised to see the dow go to 100,000. >> yeah. well, you're probably what, 30, 35 and you got another 50 years essentially left. >> you're kind. yeah. >> no, i mean, it's going to go. they retain earnings every year. just retained earnings. fella edgar lawrence smith wrote a book about that in 1924, it was the rationale for the great bull market of the '20s. but he pointed out how retained earnings actually add to values. and if you owned a private business and you retain the earnings every year, berkshire's done that and it gets to be worth more money and that's what's happening in this world. >> you told us earlier in the program you've put probably $20 billion to work just since around the time of the election

are those stocks to buy now?you have verizon giving away phones. >> if it is a race to the bottom, maybe this will make them more open to doing a merger. maybe that could provide the floor to the sector. >> who could that be though? >> i don't know kcomcast? >> the notion that there's a whole other realm that could happen. >> i thoughter you were going on answer. >> i thought you were going to answer. i think at&t is a buy. for the reasons you said. i think on valuation it is reasonable and with the directv deal, they were three years ahead of the game. >> i think you have to go with the disruptor on this. john ledger, friend of the show, friend of mine. t-mobile or sprint. i think the big guys will go down. i've owned at&t forever. i do think the risk reward for a little beta. >> t-mobile is up 18% year to date? it is up significantly. >> it is up 6%. >> all the smart money has been in t-mobile. i say it is coming off. with this level of competition, i can't imagine -- >> they leave, the others follow though. >>

they make you buy it and then they subsidize what you buy. a tax credit is a fixed amount. the affordable care act is not a fixed amount. a tax credit is a fixed amount that is universal to americans in the individual market to go buy the health insurance plan of their choosing. it is the opposite of obamacare which is not a patient-centered system. it's a government-run system. what we're proposing is a patient-centered system where the patient is the -- designs their plans. the patient gets to decide what they do. the nucleus is the patient and the doctor versus the nucleus of the system being the government in obamacare's sake. reporter: thank you, mr. speaker. i know that you heard from secretary price this morning. i was wondering if there are any areas where you think the white house could improve communications with capitol hill? the speaker: i should know. we're doing really well on that front. i don't know what you guys report but we talk with the white house daily. our teams -- our house and senate teams are in conference -- are in consultations with the white hou

micron assumed buy. >> yeah. >> $30 price target. >> yep. >> caveom buy. intel buy.ro broadcom buy. >> you're seeing sky works as well and -- >> all-time high yesterday. >> they're talking about margin expansion. if you believe in the apple store, then, yes, i think this is the right call. i think these chips for the most part, not all of them, for the most part they either trade at very low levels in terms of pes or their balance sheets are incredible or they have growth somewhere in that chain, whether it's expansion growth or growing others areas where it's earnings, revenue, whatever. there is enough growth here in the chip space. >> that's why i went to you first. courtney gibson with us as well. president of luke capital. >> good to see you. >> do you like this space? >> absolutely. we were bullish in december. you had our analyst on betsy who came out that day. as a matter of fact, i think we moved amd 8% or 9%. bev within bullish on this sector. i think consolidation, 35 companies have left the sector since 201. you're looking at the price leverage that those

couple of countries who not to buy from us, i gave authorization. you can only buy from us. bay -- buy from us. they are allies. they're going to be buying from on.rom now i want to thank all of my staff has been amazing. from you all know gary goldman. we're really happy. just paid $200 million in tax in order to take this job. unlike gary. much he's great. criticized by the media because he's getting paid $197,000. he really wanted that money. which he gave up. gave up.e it was one of those thing. thank wilber has been so fantastic. i've known wilber for so long. guy, greatt fair negotiator. the deals we have other unbelievably bad. we don't have any good deals. toe find a country where we have a surplus. everything is a deficit. mexico we have 70 billion deficits. we can't let it happen. we're going to have a good relationship with mexico, i hope. don't.on't, we we can't let that happen. $70 billion in trade deficits. that doesn't include the drugs border.he like water. we can't let that happen. have close to $500 billion trade deficit. we have to do something. spoke to t

they upgrade coach to buy. do we buy that? doc? >> sure. you could buy that one here, judge. as i said to you yesterday about under armour, i didn't like the way it was handled with the cfo. obviously even though the stock made that massive drop and i love kevin createivity at the firm but when you look at the stock drop that much, the pe was still way up here. in fact, it didn't drop enough to get the pe in line with where it should be in my opinion. so under armour, i think you will continue to see downgrades. upgrades on coach, yeah, i can see that. >> you guys like coach? >> i don't know why you think it can defy gravity with mall traffic down. this is a mall-based story. the experience of going in, looking at their stuff, shopping, you know, picking up the next purse or belt or whatever it is. >> you don't go to coach on bleaker street? >> yeah, i just feel that a lot of it is in malls and that story is a negative traffic story. maybe if they can replace it with online, i'm not excited. i wouldn't buy it. >> coach has been in a downtrend since 2012. >> i thought they rev

they're embarrased. >> i'll buy whatever -- i'll buy it, but it is awkward, like i'm sending pictures, is this is the right thing? >> oh, i've done. that will because if you don't bring the right absorption back, you got to go back to the store. >> you got to go back. >> that's really awkward. and self check out, the woman is watching you, weren't you here five minutes ago? ya. >> you would think people would understand, oh, they might be shopping for their significant other. like i would think oh, that's a great guy, he is helping her out. how sweet. >> by the way, i love you, tara. >> ya. that's his wife. >> so, pass out to the whole staff? >> ladies at fox 29, we're dean sided we will try this out, let you know what we think. >> you know the older i've gotten, the less fearful i am of the tampons. >> okay? >> maybe when we were younger, you know what i mean? what is that? >> thanks, mike. >> i no longer fear it. >> we're happy for you. congratulations on this break through. >> now, that conversation, to one equally as awkward right now, about dating. >> did i ever tell you the stor

nervous about buying online? found the highest seafertion scores went to two online brands, the 950 caspar mattress got top ratings. >> caspar delivered good performance whether you sleep on your side or back. >> reporter: check return policy before you buy online. if you want the in-store experience it's the best way to try before you buy. >> you want to spend 15 minutes lying on the mattress trying it out, get comfortable find your ideal position and kick off your shoes or bring a pillow from home. in stores ask for 50% off the list prize and take it from there. if the mattress goes on sale in 30 days you can get a refund for the difference. ask about free delivery and hall away service, those freebies can leave more money in your wallet. nydia han channel 6 "action news." >> good information. if you're just waking up, we have more coming up "action news" saturday morning. >>> a young girl in west virginia obsessed about her family's move, she reaches out to the governor, you will hear his response. >>> plus if

i tell you to buy, buy, buy or sell, sell, sell.lay this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." let's start with linda in michigan, linda. >> caller: hi, jim. i love your book and your show. what's your opinion ak steel? >> not my favorite. i like nucor. i just want to stick with the one that has been so good for so long, which is nucor. jim in michigan, jim. >> caller: yes. jim, do you have an opinion on the biotech stock exolus. >> i never knew it had gotten so high. we liked it much, much lower, but it's got a great speculative book of business. remember, it is speculative. that's really important. i don't want anyone to confuse those with merck. let's go to nash in north carolina, nash. >> caller: greetings, jim. from the bottom of my heart, special thanks to you and your entire team for doing a fantastic job. >> we have a great team. >> caller: my question is for the rite aid stock, the walgreens rite aid merger deal has

because we have a lot of rules to go through every site we have there is 10 others competing to buy that site they have resources they're going to again even though it faster we're slower in building more affordable housing we don't control the land and when we do we have to talk with 5 entities and agencies to put together the best deal; right? you know that your deal experts your deal experts having to go to a many agencies whether a city or state or federal government and all of this and the private sector so i think we're using the word accelerator we have not be able to accelerate now we need to accelerate because is getting more challenging when you have money nets private sector that abundant enough such that on a site we building should be used for affordability now has over priced speculative pricing people buying it for other things if we're not there that site is gone more dangerly small sites where it is housing that is affordable for people and entities are buying them up for other reasons obviously we have story after story about that we have to accelerate our ability to do

i am not a buy and hold investor forever. he buys stocks and says stocks. it seems like he's staying traditional ones like walmart are having a tougher time competing with online retailers. and he is will . >> so that on passive versus active management. and fees associated with whatever time of management you choose for your portfolio. >> and you guys debate this every now and then. it comes up as debate on "nightly business report." this is with warren buffett. i think this time it was interesting. he devoted almost five pages in his 29-page letter to this topic saying these helen funds are charging very high fees. and he is encouraging they will to put in it an ultra low cost fund. and he has proof this time. he said let's see how the index does compared to a helen fund. >> i aspire to make a million-dollar bet with anybody. >> did he offer any new ensights, away, it would have beener $143 billion deal. >> you know that warren buffett doesn't like hostile deals. he only likes family disease. he hasn't said he has anything in his back possibility but he i

steve: there is is that #buy ivanka right now. there is that #grab your wallet is that behind that stuff. >> some of it is. we know where that's came from. they had a whole election. first female president everybody saw talking about that day. she had no message no, positive mes message that failed at the ballot box. a march saying the same thing the day after he was sworn in as president. they are welcome to march. but what's of it in terms of commercial interests. this is just wonderful line. i own some of it i fully -- i'm going to give a free commercial here. go buy it today, everybody, you can find it online. steve: all right. kellyanne conway from the briefing room. thank you very much. >> thank you very much. steve: covered a lot of territory. brian: 10 moins before the top of the hour. a lot more to go this hour before the show. thousands of illegals outraged over treatment at the u.s. border.

no one wanted to buy banks and now you can't get them to sell it.o one believes rates are going lower. take the road less traveled. >> to your point, considering the kind of move that you could potentially see, we've seen it already. 100 basis points move in no time. the idea that you want to get net long bonds. after a 30-year bull market in bonds is stupidity. you're taking massive risk for minimal reward. the option trade lets you play for the small amount without risking a great deal. >> do you think this means financials will stall? >> you can see the chart if you do the bkx index the sideways action? rates has been same thing even with the so-called news that maybe there will be a change in the environment. banks have not made new highs. they're still stuck in that range. >> moving on to another big story. this week snapchat filing for an ipo and many comparing it to the likes of facebook and twitter. josh lipton has the details from san francisco. hi, josh. >> some investors might think of snap as the next social media super star and that imm

ration and panic buying is spreading. you cannot even buy certain vegetables online.annot freeze an iceberg lettuce, can you? despite its name. it says here, so it must be true, as the's customers won't be able to buy more than six of each item. do you want six aubergines? who needs six iceberg lettuces? unless you are running a kebab shop. the shortage is caused by snow and floods in spain, which is where they grow a lot of this stuff at this time of year. it begs the question about hugh fearnley witting storm about hugh fearnley witting storm about seasonal eating, root vegetables, which you do not need to import from places like spain. —— hugh fearnley whittingstall. many people are used to this. we are so used to buying things all year round. we expect to have tomatoes that taste like tomatoes all year round. this kind of story, waited just make things worse? why do people go out and buy things they did not necessarily wanted —— won't people go out and buy things they did not necessarily wanted?m people are buying vegetables by the half—dozen, good luck to them. p

home buying is very strong. and everybody has to show growth for their shareholders and investors. >> whether banks large or local move back in or not, one thing is certain. higher mortgage lebld letters shrink for all home loans. especially refinancing. that means they will be competing for an ever smaller business. >> why the good old-fashioned day planner is back. sort of. >>> on the housing front, sales in january are expected to kick higher. one of the darlings, tesla, is expected to release quarterly results and the market are pick apart the minutes of the federal reserve meeting. that's what to watch for tomorrow. >> at a time when serving seemingly done onlining, millennials are starting to use an old school way work a notebook. in fact, traditional journals and notebooks have taken off in the last year. what's old is new again. >> this is this week. >> molly craven is a 30 something margareting professional who has discovered the hottest new app for her life is a notebook. >> i wanted to get more religi

this allow congressman price to buy more shares than other investors were allow to buy. he told the finance that his conversation with congressman collins had no influence on his investment decision. according to the journal, this is not true. the journal report made clear that congressman collins told him about the upcoming drug trial, alerted him to the private stock sale and arranged to ensure he could participate. now the majority party has shut down the vetting process allowing congressman price's nomination to reach the floor before all the facts have come into view. i believe the senate can do better. it needs to do better. the american people are owed better. i want to thank my colleagues, particularly senator reed for

no one wanted to buy banks and now you can't get them to sell it.hink the road less traveled. >> to your point, considering the kind of move that you could see, we've seen it already. we've seen 100 basis move in no time. the idea that you want to get net long bonds. a 30-year market. that's just plain stupidity. you're taking massive risk for minimal reward with you the action. >> does that mean it will stall? >> you can see the chart. the sideways action it rates is doing the same thing. even today with the so-called news that maybe there will be a change in the environment. banks have not made new highs. they're still stuck in that range. >> moving on to another big story. snap chat filing for an ipo and comparing to it the likes of facebook and twitter. hi, josh. >> some investors might think of snap as the next social media super star and that immediately might draw comparisons to other tech companies focused in this space like facebook and twitter. snap described itself in different words. it calls it sale of camera company. the word camera is

that's the time to buy.on't know had a will come but you wait for it. >> so it is trading against that level. and then it goes back up. a week to a month. but it performs pretty well. the stock held exactly where it needed to hold. the bad news is it stopped where the bears needed. >> let's switch gears here. a market flash. the shares are trading much lower. about 10% lower. meg? >> we have a lot of news to unpack. the shares trade go down. saying 2017 earnings come in below expectations. they're looking at $6.30 to $6.65. that's versus $7.ten. the cfo is leaving the join another pharmaceutical company. they're starting a search for a permanent cfo. they've named an acting cfo. another piece of news. the company saying it will delay file of its ten k as it works some thins out. it is delaying the 10 k filing. on february 22nd, the independent auditor notified the company that it is looking at the practices. it is not expected to result in a material impact on net cash flows but there can be no shurnls they