them as if you could buy health.egular how schools are another important part of eileen's strategy to check with the people actually implementing the things they learned about subs. this is that we want to make it easier for people to buy natural for them processed food that's our biggest problem and the mothers here often have jobs and have little time that's why they often use pre-prepared foods as if that's what's on the menu. in america. like in money or does children's family she works as a cleaner her husband is in early retirement centers they have very little money they keep their food costs low and buy cheap processed foods. gloria's not the only one overweight so too are her daughter but her granddaughter and family substitutes and tie our meals with sweets and snacks. for eileen has been visiting the family for a few months now she tries to raise their awareness on the importance of nutrition drowns into the cupboard shows she's still got a long way to go. these are all products with a high sugar content.

buy slowly even buy over a couple of days humility beats hub rous.all street is different if you buy a stock and it turns out to belong to a defective company, you need to eat the losses that is why you need to be careful to distinguish between broken stocks and names that are down for no particular good reason sometimes damaged companies could be easy to discern when valeant started plummeting, it wasn't a good sell to rush toward they tumbled from 262 down to single digits before it bottomed the ongoing problems that the company meant that the stock was down right toxic on the other hand, sometimes stocks will sell off for different reasons. just because the stock is down, doesn't mean there is anything wrong with the actual business how do we distinguish between a broken company and a broken stock. i call this my bullpen when wall street holds a sale, i use that as an opportunity to pick up the stocks on my list that was designed in a cooler moment with a cooler head. the bottom line is you never know you never buy a position all at once what you

buy, buy, buy!oo, cramer lombardi trophy is coming back home to green bay, my friend >> actually, we're the team to beat we have to finish with this gentleman. is he is commissioner? >> caller: i wish. i want to know about general mills. >> what do you want the know about it it's finishing like green bay this year. it's kind of a mid range i don't think it's going the make the play-offs, okay play-offs? play-offs? i mean, they're not even going to be in the season. i like the stock okay. it's not great i'm going to take another. let's go -- i don't want to end on that miserable note holy cow let's go to robert in texas. robert >> caller: hey, jim. texas sized boo-yah for you. >> boo-yah >> caller: i'm looking for your comments on therapeutics md, symbol txmd. >> we profiled them a couple of times because they do women therapeutics it's an okay speck and that, ladies and gentlemen, the conclusion of the "lightning round" [ buzzer ] >> the "lightning round" is sponsored by td ameritrade >>> welcome to

is almost the waste of time because all those who are planning to buy they will buy at that low priceted out the months in any i still is twice. since the big companies pay better farmers are increasingly opting out of the domestic market right behind samuels field is a huge pineapple plantation it belongs to the monte supplier of fresh and prepared produce and the biggest employer here in the area katherine works the fields for del monte six days a week twelve hours a day like most of the people here she owns a piece of land and though she can't live off it she does farm it on the side for extra income and the ingredients for a traditional done catherine never buys processed food. here we have beans and may as. we've always eaten madly and. we grow everything that we eat including cus salva. now you need equipment or degas could katherine afford the pineapple juice that's produced on her employer's field . i can't afford delmonte juice i don't earn enough i'd rather buy an orange for two or three cents delmonte products start at seventy cents a liter of juice costs one euro eighty i

the prices are not the government buy it if they had them and buy a parcel i mean demand. kenya many farmers relinquish much of the profits to distributors who control and regulate the market and there's a further uncertainty fluctuations in supply and demand can leave the farmer stuck with his produce humor that the bombers do all the work but the middlemen make the profits i should get four euros and thirty five cents for thirty kilos of tomatoes but the middlemen keep to your us. sixty so i only get one euro seventy five. they're to blame for all predicament them in if you know a half assed wilson king would prefer to be a contract farmer for a major international company it's a system gaining traction in kenya farmers produce for a single company which guarantees it will purchase their entire harvest. unaccounted for i mean it's going to be secure that is going to gets some money and i think now you might spend money. he does not seem to understand but there are some politics or explain to somebody buy buy in a company. hunter from. sammy will come aboard he's a contra

, buy, buy buy, buy, buy!! >> which translated into monster earnings growth down the road. similar to what we've seen from other software companies who have done the same thing how about adobe? the stock was a terrific performer until it wasn't. late last november, the company reported a seemingly disappointment pointing quarter, emphasis on seemingly, and the stock beaten around the head in response, i got nervous yeah, this and i told you autodesk needed to prove itself again. i said this had become a show me stock. i warned you to be cautious. and that by the way was just a huge mistake, which is why i owe both you and the folks who run autodesk an apology. since i lost faith in the stock early last december, it's rallied from $106 to $153. giving anyone who stuck with it a 43% gain i should have stuck by my guns come out here all the time and tell you about stocks i did well in i have no credibility unless i talk about things i did wrong, like telling you i was nervous about autodesk let's unpack everythin

buying zero percent out of the money puts and buying 10 and buying 20% out of the money puts. so buying zero percent out of the money puts, the puts would have expired worthless in 66 out of 78 years. it would have been a profitable trade and the markets would have fallen more than 5.2% out of 12 out of those 78 years. but the cumulative effect of that, again, for a current $10.2 billion equity portfolio, assuming that there's a constant rate of $10.2 billion every year is that you see that it would have had aining negative impactn the portfolio of a large sum of money. and the same for 10% out of the money puts is that it would have been a profitable trade only five out of 78 years. this seems remarkable of buying 20% out of the money puts will end them for one year if there was only one year where that proved to be a profitable trade and that was for the fiscal year ending june 30, 2009. it would not have been a profitable trade in 1987, when the market fell a lot and it would not have been a profitable trade during any three years of the bursting of the internet bubble and

and i don't think they're going to so therefore i say don't buy, don't buy, don't buy brian?> caller: boo-yah, jim. i'm calling about tupperware brand. symbol tup >> doesn't this man sound like he is from perhaps the wrong end of the state okay tupperware no i think they're doing okay. don't need to be there that, ladies and gentlemen is the c conclusion of the "lightning round" [ buzzer ] the "lightning round" is sponsored by td ameritrade the m the m that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management. with a range of suv's perfect foure, you can be in your element, in any element. ♪ experience amazing at your lexus dealer. ayep, and my teeth are yellow.? time for whitestrips. crest glamorous white whitestrips are the only ada-accepted whitening strips proven to be safe and effective. and they whiten 25x better than a leading whitening toothpaste. crest. healthy, beautiful smiles for life. - (phone ringing)a phones offers - big button,ecialized phones... and volume-enhanced p

barclays telling clients to buy shares of walmart. analyst started coverage of the stock with an overweight. rati the firm predicts that walmart's sales growth will rmoutperts peers. the price tart't $110. walm shares rose. 1% to $96. ubs lowering its price target on general electric now to 13 a share. the analyst cites pricing pressures and share losses in the power market. e firm maintains its neutral rating ohathe stock. to fell a fractio $12.56. >>> anthem upgraded to overweight from equal weight at morgan stanl. the analy says merger activity in the sector and drug pricing reform could result in accelerated profit growth. the price target now $368. anthem shares rosee man 1% to5. 267 still ahead, a german automaker's big, surprising bet. >> in the midst of president trump's trade dispute, mercedes benz is expanlang an auto in south carolina. i'm phil lebeau outside of charleston. that story coming up on "nightly business report." ♪ ♪ >>> trade tensions between the u.s. and europe are far fromso ed and that's not stopping automake

you buy slowly, buy on the way down, but you can start. how do i know?se periodically, you get a chance to buy these. that knocked the stock down from 103 to 99. and you had to ignore every negative word that was said about this one and buy it and hold your nose, now it is 109. same goes for anthem, cigna. many of them got hit today and their buys, especially cigna which is purchasing express scripts it is a deal that got green lighted this morning long-term it doesn't seem to matter everything negative is speed bump on the way for higher levels you are going to get your chance here boston scientific, perkin elmer, all have been roaring. these are sainted stocks the fact that they pull back today is a gift. thermofisher, downgraded by goldman. and when you look at the price earnings multiples, hard to justify any of them. these days we have a stock sh t shortage caused by etfs, the hedge funds and mutual funds that own them get more money because they are doing well. they tend to invest that new money in the same stocks, same winners. they don't care abo

i tell you to buy, buy, buy or sell, sell, sell we'll play this sound -- [ buzzer ] -- and then the lightningound is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad monand t concludes the "lightning round"" >> announcer: lightning round is >> caller: booyah jim. i think the company is okay. but i do prefer fed ex more. let's go to greg in california >> how are you doing >> i am doing well, how about you. >> caller: i wanted to get your opinion on com stock resources. >> we are not going down the speculative food chain you buy bp and you get that 5% yield. come back, let's go to sybil in louisiana. >> caller: hi, there >> sybil. >> caller: hello, mr. cramer. >> how are you >> caller: fine, thank you >> my pleasure. >> caller: okay, well, i am interested in at&t and i am wondering what you would suggest. >> i like it it is 5.9. you can trade up 10% in a snap i want to go to jim in florida. >> caller: hello, james, happy friday to you and your very nice staff. >> we are kicking it right here. how can i help >> caller: i need a tech stop in my portfolio to rema

speaking of brands buy in munich knows a thing or two buy in is the poster child for german football they're already off to a great season start with nine points from three matches but second look at how they do it. they've come racing out of the bundesliga blocks. fire in are in top form already. three league wins success in the super cup and the first german cup round holes well by. most of those you've got to show you this right from the off. the show girly boy end of the scene with a full of go to get to the season and be for life with a team under squad of unrivalled depth and quality. but from a long term injury germany number one man well neuer is back to his side old self his class and experience will be vital in the big games ahead. three world class contenders for two center back slots much hormones your own boa tank and nick last. the solution strategic rotation with no different quality. buy and have top drawer full backs as well as you a kimock and david alibi the one proviso being that rough india is the only established back up covering both flanks but he's out injured

opportunity. >> buy, buy, b bu, buy, buy >> you can use the weakness to buy more world domination, who to disagree victor in hide show. victor >> caller: boo-yah jim. this is tammy and vic from idaho. >> what is going on. >> caller: we enjoyed you highlighting avermet and picked it up last year when you highlighted and still smiling and grinning my question, jim, is keurig green mountain went private then they picked up our dr. pepper stock and merged -- i just could not figure out how to figure out what it might be worth when they merged >> well, remember they paid you that dividend. it was really hard what you needed to know, what's the key thing, bob gamgort he made us a huge amount of money in pinnacle foods. he'll do it again. it is a terrific one and thank you for doibringing attention t it congratulations to you and please cash in on your position on wingstop. if not this pullback, it could end up being a great buying opportunity so eat up. much more "mad money" including my exclusive with the top execs of broadrein how can a leadership change going forward then i'm eyeing the p

or the city buy back our medallions, but they obviously don't want to buy them back, so we're in the unfortunate predicament where we have to support these reforms. my father is a prop k medallion holder, so it does affect me, too. it's not like i'm coming at it as clean, either. i do feel for the pre-k, as well, if somebody wants to pay me back, fine. but otherwise, i support these reforms. as far as s.f.o. meeting the demand, if the supply is ever low, there's an app that tells you the numbers at s.f.o. you can create a lot, kind of cliek when demand is higher -- kind of like when the demand is higher and we can call more guys in. i do feel sorry for the older guys. i think there needs to be something where they can keep their s.f.o. privilege possibly, but the situation is too dire, and we can barely breathe, we're sinking, we're gasping for air. we can't afford to pay these loans anymore. thank you. [applause] >> thank you. next speaker. >> good afternoon members of the board. the taxi industry is very bad right now because the uber situation and the lyft situation is the antitru

>> we wouldn't hold a stock we weren't willing to buy. we would be buying apple at these levels. but i don't know that the product cycle is the driver there. the market has an incredible way of discounting those things ahead of time. apple is a good idea for a value stock relative to the balance sheet and free cash flow. dagen: david, good to see you. don't go anywhere. much more after this. >> announcer: let's make a deal. the u.s. and mexico striking a blockbuster trade deal. >> this whole thing about nafta >> this whole thing about nafta is much jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? you got a1c, heart, diet, and exercise. slide 'em up or slide 'em down. so let's see. for most of you, it's lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and heart disease, significantly reducing

the stock trading very close or on its all-time high i'm not going to encourage people to rush in and buy the stock here, but the valuation still looks reasonable as long as iphone sales don't take a big downturn. we do have a catalyst coming up and we have product announcements and that could be a potential catalyst to move the stock one way or the other and people seem to be absorbing the news pretty positively and the best way to do is to buy the call spread and that elevates the premium options a little bit and we have the fall coming up, that also sometimes elevates options premiums a little bit. i was looking to october, the 230, 245 call spread you can spend $6.40 and net-net you're spending about $4.40 for $15 worth of exposure this way or that. if the stock sits about here or rises just a little bit into this announcement, some of that premium is likely to come out and that will mitigate the decay by being a higher strike call. >> i think it's a tough one in front of this event. investors have gotten very used to this whole product cycle thing into september so if you'll be buyin

obviously investors have gotten used to the whole product cycle thing into september if you're buying at all-time highs into the september 12th, defining the risk makes sense. call spread $15 wide, you're basically risking one to make it two. okay risk reward i think it makes the sense as we get through next week in front of the call announcements. maybe you get a chance to buy this on a bit of a pull back what you're trying to do is define your risk i think there's a very strong potential that all of the news in the stock -- >> you could sell off on the news >> that was a very good point. we were pointing out how much the stock has risen. oftentimes we go into catalysts like this. we might want to sell a down side put i'm not interested in doing that given how strong this move has been, if there is some form of a disappointment, we have a sense of what it could give back that's the exposure i want to give >> i'm very heady. one of my favorite shows on the network is "options action." watch it religiously it's an honor to be here, number one. number two, one of the things we said, i s

or finally csidering buying in a few years from now. because right now people's mentality is not what it used to be, where everyone said i have to own a house. that's the american dream. it's just not that way anymore. >> what about the housing market in general? we have gone through this very difficult time. the banks have tightened up their lending requirements. that wouldeem to be a good thing. do you feel good about the market as it stands now? >>yes, sue. the story is that, yes, it is difficult, quote unquote, to get to mortgage compared tos 2008 when long as you can breathe and sign your name you got a loan. now there is restrictions on how much income you need to qualify for a mortgage, which is a good thing. and they don't allow any mortgages where you can't tell them what your income is for an owner occupied property. that's much better. >> the dearth of houses being built, do you expect that to change? i mean why aren't builders building more is the demand is high these days. >> number one i'll put is local regulationre i have

apple stock you've got apple buying its own stock they have got all these major corporations buying back their own stock adjusted for all the stock buyback stocks are trading at thirty thirty five times earnings which would be all time highs is not a big factor well i think we almost ignore that i mean the fact is there is so much money to run. i mean so much money was printed in the wake of the lehman crisis not only in america but also also in europe as you go to school is trash running around i mean you've got so much money on deposit it's going to try and find a home to get some sort of return i don't quite almost if you go to yield of say court. one percent on. a ten year job and bought. you know u.s. treasuries look attractive that little bit of a digression air so i just saw folks now in germany of course they have negative interest rates and now the big german banks are starting to charge customers fees for holding their cash as a way to offset what they're being charged by the central banks are negative interest rates are now hitting deposit accounts i would think this woul

i this i it is a buy, buy, buy okay, now i got to go to jay in new york jay. >> caller: cramer, thankou for taking my call >> of course >> caller: my question is on kem, kemet corporation. >> it's a capacitor stock. capacitors are even though they have some proprietary technology are way too commodity oriented so i'll pass jegs si in virginia. >> caller: boo-yah, jim. thanks for taking pie call my stock is ldos >> national security and those stocks have not been working want to do national security i think they have peaked i would go after raytheon. my travel trust owns it on our thursday club call we'll talk about it but it is a very hard stock to own and very difficult one. mike in florida. >> caller: hi, how are you doing? >> i'm doing well. how about you? >> caller: pretty good listen, i'm concerned about skywalk solutions. >> yeah, people feel that they are in the crosshairs of the chinese and that they can't do any acquisitions or be acquired because of the way that the chinese shut down the qualcomm bid for nxp. it can't seem to go higher even after it reported a great quarter.

you don't buy them, we get your medallion back. okay. i buy the medallion. okay. i spend the money. because i am driver very serious. they know that. i don't want to go against the m.t.a. i bring my average home. you know how much i lose? almost $1,000 lose. for this six months this year, i write down every night what i make. almost i lose $7,000 for the first six month to the companies for the last year. i'm hard working. i lose $14,000, and one payment is $1,451. and remember, i supposed -- i drive 30 years, and i cannot handle this. i have already -- [inaudible] >> and i already have a house, this house is my proud, and i put the money down towards this 125,000. i not supposed to be doing this, because for this day, i'm 65, 66 years -- [inaudible] >> i'm exhausted, mentally, physically. the people who work like me. >> supervisor fewer: thank you. >> i've worked very hard. please. [inaudible] >> i cannot continue this. since 1974, i am driving. i cannot continue this. >> supervisor fewer: thank you. [applause] >> hello. thank you, everybody. my name is abe. i have a medallion for

back stock i also don't buy this argument that it's bad.ing back stock is simply giving it back to you, the investor, who redeploys it to a better use >> not so fast not so fast. not so fast. let me talk to you a second here on buybacks. first of all, it's not just giving the money back to the investor, to someone who sells it, it's more that you're buying back your own stock. if you think, as you said, we don't have so many choices right now, what better is there to do with your money than buy back your own stock during the ccar results during the summer, you chose to buy back less as a percentage of your market cap than citibank or bank of america. for all of you guys, every share that you bought back since then has been a good buy. in fact every repurchase you've ever made over the life of the company has been a good buy. so i'm not really agreeing with you on the buybacks there. but you know what, let's fast forward a little more. >> nice. >> i have not spoken to the president. >> you haven't >> but again, my main mistake, i shouldn't h

nejra: you are not buying the ruble, you are not buying the rand. you are buying the dollar.ir u.s. currencies -- are there em currencies you are buying against the dollar? >> not at the moment. some offer value in terms of being cheap. politically you have risks. the e.m. universe is tricking. -- shrinking. why would i want to take risks? show me the money. show me what you've got and i will buy your currency. we have just seen $200 billion of trade tariffs. another 200 62 $7 billion to come. billion to come. nejra: recently the negative correlation between the bloomberg dollar index and the msci index is not as strong as it was. talking of correlations, i have a chart showing oil versus em currencies. it is showing non-asian emerging-market currencies have been failing to benefit from higher oil prices. is this a correlation that is important? >> not at the moment. it is interesting that financial markets have fashions. though the oil price is high, you are very happy to sell india and turkey. the currencies that have oil you do not want to buy. there is something gone wron

buy, buy, buy!l, sell, sell, sell >> and then the "lightning round" is over are you ready, skee-daddy? i'm going to start with jay in minnesota. jay? >> caller: oh, dr. cramer. >> jay, what's up? >> caller: thank you for taking my call. i'm hoping to get your opinion with biogen with the research on alzheimer's drug. >> i didn't like the hype involving their alzheimer's drug i do prefer regeneron, and then i think that amgen is better in my charitable trust >> buy, buy, buy >> amgen has been a winner brandon in florida brandon? >> caller: boo-yah, jim. >> boo-yah >> caller: i love you, man i've been watching you from day one, and i enjoy every moment of it >> well, thank you >> caller: you're the best >> thank you very much >> caller: thank you i have a question at liberty oil field. this company seems to be firing on all cylinders, but the market doesn't seem like it's giving them the credit. so what the deal >> look, oil service has been a very tough business. i actually would ring the register he

so look closely as to the condition of your community both before you buy and after you buy. >> it'stiming thing to do when you're looking at purchasing. but if you don't commit that time, i would suggest to not purchase a home in a homeowners association. >> well, there's certain things you surely can do and that is go around to talk to the neighbors. >> mm-hmm. >> because talking to the board itself could be self-serving. uh, if there's a property manager on site, that's good. to whatever extent they would allow you to see those things that are on the website, budgets... >> mm-hmm. >> things like that, assessments that are coming, any construction defect issues that occurred in the community. that's important to know. you know, you get so excited in the buying of a home that these details is what could take your enjoyment away. >> yeah. >> which happened to you. >> it certainly has. >> so look at... that due diligence that -- that you and i are talking about is very important -- >> mm-hmm. >> before you buy a home. know what you're buying into besides the home. know your community,

quick question on u.p.s. >> no, buy it! just buy it! buy u.p.s. something is going on. brandan miles from temple university amex and semis >> i think they will go all the way down to the low 40s and stay awamp from that. go buy amd yes. i'm not done >> how do you feel about ex-ellexis >> i liked that a long period of time and nobody liked it so it makes me say, don't buy it. >> from drexel university, how do you feel about bank of america? >> probably goes to 35, 36, 114 and city at 71 sells at one times the earnings yes. >> what do you think of nuance communications >> i don't care for it we have so many techs that are down, let's go high high high. >> hey, jim. from temple university what do you think of indo pharmaceuticals. >> i will pass and we will do amgen, that formulation is still very good. and that, ladies and gentlemen, is the end of the "lightning round" >> the "lightning round" is >> the "lightning round" is sponsored by teameritrade whys they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum-

when i said buy banks.re involved in what we call the productivity trade right capital spending was up over 20% in the first quarter and the sec quarter it's likely pretty crossto that for the s&p 500 in the third quarter, et cetera what that means -- how fund capital spending well bengs and financial institutions it's capital markets i'm not scared of the capital markets companies here financials fund it industrials implement it and technology is the brains behind it. so those are the three areas that we have been focused on they haven't perfectly but i think you know we have stayed with them and i think it's working well here. >> so just stick with the -- i mean, but say, versus eight months ago, were they the same sectors you liked. >> it was. >> as this call goes longer and older, the character of the rally doesn't change too much. >> no, typically -- and dan was right. you don't tip ke have sectors lead you and then stop -- have new sectors take over. the one thing i would say is that you do get -- you

>> i like them to go down because i like to buy them cheaper. that's atlanta braves record as of tonight so i'm pitching you on baseball and i want everyone to own a baseball team by buying a share at $26 in the event the market is a function of revenue outlook, the world imf has us at over $100 trillion global gdp in two years and economies are booming in the u.s., the net worth of the household came out yesterday at $107 trillion. wages are rising cost -- food is okay but fuel and pinching the consumer a little bit we'll see rising wages there's nothing that i look at beyond the four ts i look at -- tariffs. i'm kind of neutral on that for a variety of reasons >> tell me why >> basically -- >> do you think the market is too complacent about tariffs >> no. i think it's adjusted because we as a country cannot continue to give $400 billion to china year, and that has to change that's a major detraction from our deficit and intellectual property it doesn't make sense. so you have to negotiate better. that's what's going on >> do you agree with wha

were buying big chunks of calls.e buying big chunks of calls. 12,000 of the january -- and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. takes more than just investment advice. from insurance to savings to retirement, it takes someone with experience and knowledge who can help me build a complete plan. brian, my certified financial planner™ professional, is committed to working in my best interest. i call it my "comfortable future plan," and it's all possible with a cfp® professional. find your certified financial planner™ professional at letsmakeaplan.org. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. it's my job to protect as a public safety,pg&e, keeping the powerlines clear while also protecting the environment. the natural world is a beautiful thing. the work that we do helps protect it. public education is definitely a big pa

if i'm telling someone else they should be buying, i'm buying it. >> what are you buying >> just thenothing in the after-hours trading except stock >> you're not scared off by this >> no, i was telling jocko, when we were looking at the charts, we were seeing it has hit 261 three times. 250 is a hard floor to use a military term, hard deck maybe you guys would say it has bounced at that level several times, so i decided to take a shocht. it's $12 higher right now. we'll see if it holds. >> john, thank you for coming in early. i would never compare combat verse biasing stous buying stoc are leadership lessons you can get from that. when do you know when to walk away >> again, that's what the new book is about. >> that's the reason i asked the question funny how it works >> "the dichotomy of leadership," do you have to take risk as a leader absolutely what happens when you take too muchi much risk, you put the mission at risk. >> is it ego >> we could probably never get john to get get rrid of tesla, s saying it will go up, so that may be his ego >> one thing we love about john, john y

>> we wouldn't hold a stock we weren't willing to buy. we would be buying apple at these levels. but i don't know that the product cycle is the driver there. the market has an incredible way of discounting those things ahead of time. apple is a good idea for a value stock relative to the balance sheet and free cash flow. dagen: david, good to see you. don't go anywhere. much more after this. >> announcer: let's make a deal. the u.s. and mexico striking a blockbuster trade deal. >> this whole thing about nafta is much got directions to the nightclub here. and if you get lost, just hit me on the old horn. man: tom's my best friend, but ever since he bought a new house... tom: it's a $10 cover? oh, okay. didn't see that on the website. he's been acting more and more like his dad. come on, guys! jump in! the water's fine! tom pritchard. how we doin'? hi, there. tom pritchard. can we get a round of jalapeño poppers for me and the boys, please? i've been saving a lot of money with progressive lately, so... progressive can't protect you from becoming your parents. but we can protect you

wells fargo believes that is the time to buy. the analyst upgrading to an outperform rating raised the price target to $58. it is our call of the day. jim, you disagree with the call. you hate the stock you hate everything about everything >> hate is a little strong >> dislike >> despise >> let me be charitable. this is the season you get a retail trade and foot locker will probably participate. that said if you follow the stock and it comes up on our show every three months or so, this stock has been a bear to invest in. you can trade it investments here, you end up in tears. why is that? these guys are still in malls. mall traffic is only going down. and if this is a play on nike you have to consider nike is making more and more inroads into digital distribution and if you like nike buy nike i don't know why you need a derivative play in something that has a lot of forces going against it i'll close by saying this is the time in the year when seasonally this trade works >> i do like nike and i do think you buy nike, and i think

i don't understa why they had to buy something. ondon't understand why they had to spend $5 to do it. >> according to jefferies, almost 70% of coke's volumes are sparkle beverage e that's coke, diet coke, sprite, lower growth beverages and that's why coke is ramping up theio portf in higher growth area, sparkle water, tea, coffee. remember, it took s bigke in body armor just a few weeks ago. that was also the logic behind pepsico's recent $3 billion deal for soda stream less than two weeks ago. in fact, these are the biggest deals for both beverage companies in years showing they're getting aggressive when it comes toro pursuingh and following where the consumer is gog. for "nightly business report" i'marah eisen in new york. >>> time to talk a look at the upgrades and downgrades. electronic arts was downgraded to neutral from buy. the analyst cites the holiday games expected to be release. the price target now $126 and the stock fell $ 2% 3.46. the same analyst at bank of america merrill lynch, busy day for him her cut t rating on

apple stock you've got apple buying its own stock i've got all these major corporations buying back their own stock adjusted for all the stock buyback stocks are trading at thirty thirty five times earnings which would be all time highs is not a big factor well i think we always do you know well that i mean the fact is there is so much money to run. i mean so much money was printed in the wake of the lehman crisis not only in america but also also in europe is you go to a list cash running around i mean you've got so much money on deposit it's going to try and find a home to get some sort of return i don't quite almost if you go to yield of say point. one percent on. a ten year job and bought then you know u.s. treasuries look attractive compared to that little bit of a digression air so i just saw folks now in germany of course they have negative interest rates and now the big german banks are starting to charge customers fees for holding their cash as a way to offset what they're being charged by the central banks are negative interest rates are now hitting deposit accounts i woul

apple stock you've got apple buying and selling stock i've got all these major corporations buying back their own stock adjusted for all the stock buyback stocks are trading at thirty thirty five times earnings which would be all time highs is not a big factor well i think we almost ignore that i mean the fact is there is so much money to run. so much money was printed in the way that the lehman crisis not only in america but also also in europe as you go to school is trash running around i mean you've got so much money on deposit it's going to try and find a home to get some sort of return and i could almost if you go to yield of say point. one percent on. a ten year bond then you know u.s. treasuries look attractive could go to that little bit of a digression air so just our folks now in germany of course they have negative interest rates and now the big german banks are starting to charge customers. for holding their cash as a way to offset what they're being charged by the central banks are negative interest rates are now heading deposit accounts i would think this would be an excel

one, buying assets.about public $1kets, if you want to buy million of stock and i want to buy $1 billion in stock, you have a competitive advantage. if you go to private markets, where someone wants to do a $20 billion deal, we end up in a bilateral discussion. so shale for us across our platform really matters. it also gives us all sorts of information, if you think about our portfolio companies, what we see on the ground around the world, that allows us to do more, and there are all sorts of adjacencies against our scale. the reason we have been able to move into europe, asia, expand private equity into energy, core private equity, all the activities, is because we have a large base and we can grow off that. or us, scale is important and we continue to emphasize that in our investing. it helps the stripe higher returns, which is the essence of our business -- drive higher returns, which is the essence of our business. erik: is it as simple as bigger is better? jonathan: if somebody needs a solution in

you're not stop buying apple or wrigley's chewing gum. the real issue is they haven't been growing units the last few years. we're talking about a high owned cell phone market. there is nothing they we don't know they are nos spriting us. >> won be priet pricing be a surprise. >> that's what have been growing the selling price. >> it's not going much who higher the entry level memory is going up pricing comes down a little bit. but that's where they get the margin as far as i'm concern the big issue that investors have right now as valuation is hitting you know multi, multiyear levels, decade-high levels on the pe basis are gross margining staying above 38%? and at some point this is a commodity advertised product if you don't see services in some other products pick up the slack then you have an issue where no matter what the installed base is and what they think is two, three years old you're not seeing these zbloots but the i think it has picked up slack. and i think the asp's are the important part i don't think you are seeing a hell

they're not there to buy it or sell it. it just goes back to an equilibrium. >> is it best to do as tepper apparently has done and derisk even a little bit? >> i think there will be a lot of people following david's lead based on how calmly he stated that and so forth, and not about getting short but about, hey, let me take some of this off here and wait. if you see some of the good news, a deal being struck, i think you'll see more than that 100-point that's been consistent, a 100-point move each time the president has done this if we get some good news i think it's more like 200 to 400 points >> some moves suggest if you get a deal with china you could have a 10% -- >> over time. >> even tepper thought that was too hardy. not that stocks weren't going to go up but maybe not in that magnitude. >> i think if there's anything right now after we got through all of these big earnings everybody wanted to see what are the numbers going to look like, the only catalyst right now that everybody is staring at every single day, not t

and buy it right there on instagram. that actually has been pretty successful because people think of instagram as a sort of aspirational place to be inspired for -- here's what i want to look like and buy. pinterest has some similar tools. this is different, though. we mostly use snapchat for chatting with our friends. and this is another kind of behavior that they're going to have to train users to become comfortable with. emily: what's the bigger vision for amazon here? especially in the context of all the devices that amazon unveiled last week, some of which do seem a bit experimental. >> it's getting people inside the amazon ecosystem. touching them wherever they live, however old they are. if it's a college student who gets prime for half off, if it's an 18-year-old or perhaps younger person who is using snap, maybe shouldn't be, who doesn't have a prime account, bringing them to the amazon website. and helping them make a transaction. i think that's the vision. amazon wants its services to be everywhere. and snap

would am buy them? would they remain -- apple buy them? would they remain independent?this a win for pandora? >> it's a good end goal. because that's what we've been waiting for. everybody's waiting for. they still have a go shop period of 30 days where they can look for an alternative. it's unlikely that somebody would step up over here. we always thought somebody like facebook or snap that the would blend well with pandora because they can integrate with messaging platforms and advertising and facebook has been missing out of the music pace in general. i think this was the likely outcome that everybody's waiting for. now it's more on like how much they can squeeze from costs and can they really go after with this cross-selling. emily: a couple years from now, what does listener behavior actually look like? is it still spotify and apple music head-to-head? >> yeah. so if you look at the strategies of these companies, spotify has a data edge and that's not going away. despite apple competition, we've seen that growing. the consolidation that we've seen from the listener

netflix you can still buy. i grow there but i don't know about the other twitters and this social i think there is going to be a regulatory headwind for the foreseeable future. >> i find it amazing now universally people don't like facebook and they think they have headwinds i'm not pointing fingers at these guys two months ago all we'd say is see how cheap. they are not losing users and now they are focused on the regulatory environment ushtd be affection week as steve pointed you have you have congressional hearings and six companies including at&t and a couple other names that i think are going to be coming under more pressure and so therefore if you look at fang -- if you are a data -- if you are one selling data as opposed to someone selling products and use data for that i think you're in a greater regulatory headwind cross current than folks using technology to sell products. >> i think the original with facebook, though, was when they started screwing around with the news feed. we know about the privacy

>> we wouldn't hold a stock we weren't willing to buy. we would be buying apple at these levels. but i don't know that the product cycle is the driver there. the market has an incredible way of discounting those things ahead of time. apple is a good idea for a value stock relative to the balance sheet and free cash flow. dagen: david, good to see you. don't go anywhere. much more after this. >> announcer: let's make a deal. the u.s. and mexico striking a blockbuster trade deal. >> this whole thing about nafta is much ♪ ooh, heaven is a place on earth ♪ uhp. i didn't believe it. again. ♪ ooh, baby, do you know what that's worth? ♪ i want to believe it. [ claps hands ] ♪ ooh i'm not hearing the confidence. okay, hold the name your price tool. power of options based on your budget! and! ♪ we'll make heaven a place on earth ♪ yeah! oh, my angels! ♪ ooh, heaven is a place on earth ♪ [ sobs quietly ] and the wolf huffed and puffed... like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. so my doctor said... symbicort can help you breathe better. starting