canada goose announced expansion plans.are owning a store in beijing and another in hong kong the stock keeps climbing another percentage or two every day since. which causes us to think whoa, deep breath. we know they were going to expand and we knew they were going to expand in china we knew it already so the fact that people keep buying this stock on this development makes me think the buyers aren't thinking this thing through. 5 below up 17% after reporting a good quarter it is emotional and people are shorting stocks including this one. 176 gain in this thing if you keep buying. you still want to ring the register on part of that position after the move. on top of that, the stock of canada goose is very expensive trading at 66 times next year's earning estimates. regular viewers know that i give high multiple stock my blessings. but even a 28% long-term growth rate, it is hard for me to say pay 66% times earnings filed a self registration and in this case, they could sell $1.25 billion worth of stock they still have pr

canada goose surging after reporting a surprise profit for the fourth quarter. fourth quarter is winter, folks. canada goose known as the luxury parka maker with unbelievable warmth and price to its $1,000 parkas is up 30.5%. huge bets on the chinese consumer with the opening of a store in beijing, so as you look at these shares, standing at $59.85 for canada goose. up 45% so far this year. >>> let us get to the retaliation war. you can call it a retaliation war, that's for sure. the u.s. slapping new tariffs on china. china said, you know what? we can do that, too. the announcement came overnight and china saying we're going to show you what else no one has shown you. to kind of explain what this really means, the exact change in the price you will pay for foreign goods and what chinese and european consumers will pay for our goods. these are just some of the products that cost you more when the chinese tariffs take effect. cars, tractors, train engines, construction, cranes, motorcycles and airplane parts. that is a big conflict. but the president is threateni

i'm not a big fan of the canada goose itself you know what i mean you don't know >> you're saying goosehey come around, they hang out. they're loud they don't leave and they are very -- it goes through them like through a goose. that's why the expression is goes through them like a goose it does, am i right? >> they're kind of like dogs >> and then they finally leave when they leave, they make a racket too you know who doesn't like them at all my dogs do not like those. >> they probably like chasing them >> they do i like it when they chase -- no. no one gets hurt it's fine. >> in other news, sandridge energy has 17 potential bidders as it completes its strategic review process that letter from shareholders accusing carl icahn's efforts to mislead investors. accused of placing his own interest ahead of those of other shareholders >>> the broader market right now just 3% below its january peak so it time for a rest or another rally? mike santoli joins us right now. >> becky, good morning i think make a rest makes sense here it's kind of stretched up to this level we haven't been above si

. >>> canada goose reports a surprise profit and that's where we begin tonight's market focus.y more than this quarter, helping results blow past expectations. the company alsoays it sees revenue growing at least 20% over the next three years. shares soared as you might imagine by 33% to $61.02. >>> apple is reportedly planning to used screens as opposed to oled screens in the upcoming iphone models becausehey are cheaperer for the consumer. the news weighed on shares of universal display and lg display, two companies that spli suly the oled screens. lg display shares down more than 7% in today trade. >>> general motors is reportedly considering publicly listing shares of its self-driving car unit or spinning off the division entirely. bloomberg says the car maker is in talks with banks about that potential option for tha shares of general motors rose fractionally to $43.91. >>> bristol meyers cancer drug has been approved by chinese. legislato the medication is already approved in more than 60 other countries. bristol meyers shas climbed 2% to $54.80. >>> reuters say qualcomm'

>> great to have you on the show good to see you again, we will take a break when we come back canada goose take you there. >> we were in front -- going to -- >> why -- >> all that. >> cooperate with the investigators are you concerned michael is going to flip on you -- >> not at all. >> can -- >> how do you think you feel when -- >> [multiple voices speaking at once]. >> the separation, from -- >> that is a democrats -- >> republicans have control of the -- >> democrats. >> mr. by the. >> mr. president. >> the democratic -- >> -- do republicans have all control. >> democrats should change the plan and you -- >> -- >> one. >> hello. >> we will about he right back that is president trump, with our own steve doocy stay with us. but nothing says "we got married" like a 12 ounce piece of scrap metal. yo! we got married! honk if you like joint assets. now you're so busy soaking up all this attention, you don't see the car in front of you. and if i can crash your "perfect day", imagine what i can do to the rest of 'em. so get allstate, and be better protected from mayhem. like me. running a small

the number 1 stock, canada goose.'m so sad because everyone in my family wanted a canadian canada goose coats. i looked at it for a split second and my attention was diverted. the stock is up almost 70% this year. people are spending money. >> sandra: they are not spending money just for the heck of it. they're spending money because they must be feeling better and there's evidence in the numbers on that as well when you look at the consumer sentiment numbers. >> absolutely right. in fact, just moments ago, the mitch holthus consumer sentiment number came out. another number, near the all-time high, better than expected. the part that stood out to me, a record number of households say they have recent income gains, an all-time record. so people said, what happened to the tax cuts and what's going on? it doesn't feel like it's happening. it's happening. in the last month, an all-time record amount of households said they have seen their incomes go up. so conversely, it's converted and by the way to your point, even whe

let's take the case of canada goose. you cannot buy this stock today. this stock was up another three% today. i cannot sanction buying this stock today. i am willing to admit that i missed it. and i am not going to face how about stephano in my home stated of new jersey. >> caller: my question is about amc entertainment, they will be incorporating new subscription service where people can go -- >> look, one real smart fell low, he was the ceo and he was on this afternoon, and i thought it was an excellent company. you know, during commercials and i think amc is going to work and adam is a good guy and what more can i say. it is all about growth if you want it, you need it, you got to have it william sonoma kicked up a rebound. i am going to sit down with the ceo. h&r block battle with your business first and then there were none general electric, just got dropped from the index after more than a century. what is a head for the stock i will give you my take. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter

we caught a three bagger in canada goose recently. what happens when the company reports. i go on twitter and even though a three bagger is not so bad if any of these fresh face softwares reports a less than perfect quarter, its stock will be destroyed understand the risk reward here is the bottom line. if you have made a fortune in something like these, ring the register on part of your position and swap some of that money into a cheaper more established cloud stock like salesforce or even adobe you will sleep better with less momentum in your portfolio, or maybe pick one of these and you will still own enough that if good things happen next quarter, you will be thrilled and if they don't, you will take something off the table in high cotton kevin in new york. >> caller: i am looking to see if first data has more legs to run after this big booyah bull run. >> it was a good quarter i felt when it was in the 15-17 range never going to break out of it. and that was wrong the ceo told a very compelling story. ed in texas. >> caller: booyah from ed in texas. question about wes

this canada goose fine to comerica park during last night's game and stayed on the field for 10 minutesre wondering why nobody could catch him, you haven't been watching the tigers. it decided to fly off but slammed into the scoreboard and fell right into a woman. she was thrilled because she always wanted to catch a foul. it injured its right wing during the crash. he's luck why it's fixable or he would have had papa john's surgery and ending up as a topping is pretty sad. he's a trump supporter. topic number two. boehner was just in michigan. let's head down to mesquite, texas. officer winston bowen is a favorite in the community. and he's also a boxer. when a kid challenges him to fight, he laced up his glors and took him to sunday school. both of these guys knew how to box. he started out strong. topic number three. while the rest of hollywood was using social media to get themselves fired this week, tom cruise took to instagram to make some positive headlines. top gun 2 has officially started production. headlines nonetheless. the actor posted this photo today and top gun fans got

shares for luxury park a maker canada goose are soaring.: there was an expectation that they would put up a loss, but those thousand dollar plus parkas are selling quite well. we see them here in new york all of the time. apparently, they are doing very well on a global basis. of nine up a profit canadian cents per share. they also be revenue estimates by 62%. $125 million, but moving in the right directions. gross margins, and behind this, they added stores in london and chicago, expanding their online presence. they also introduce a lightweight windbreaker and reinforces the company's goal to become a billion-dollar brand within about three years, and you and i both watch the bear short interest. there is not a big one here, about 7%. some of this is a squeeze today, but you can make more of a case that this is actual buying activity. abigail lewis, we will keep an eye on that stop. we wanted to recap some headlines that came out a little while ago. paul manafort has been sent to jail, house arrest canceled by a judge today. a judge in wa

five below but yes canada goose was extraordinary.s david mentioned, china likes it we had a cold winter but it doesn't matter. >> no. it's the status. it's a status symbol in china, which is -- >> right. >> it's an important part of their demand. >> my wife caught a lot of canada goose but not the ones with the fur. >> right. >> because of the prest against whatever. >> right jim, where do you want to be in a market like this now where we have, you know -- >> in a fall out with a lot of spam. no. >> come on. >> spam liquid of choice during the nuclear war period. >> that's good to know. >> right. >> keep in mind. >> and cheese wiz. >> let the market come in. there's no harm in it. we need to see oil down a little we need to see someone coming out and say, you know, we want to deal with the president and come up with some trade adjustments. we have had enough we don't want to hurt our country. what can we do let's do some car adjustments. let's do something otherwise we just suffer through this chinese water torture at the end of the

canada goose stock is hitting a all-time high, hitting high for fifth straight session.nown for the 1,000-dollar winter park cans. it is $64 after nearly doubling revenue. it is looking food. >>> market reacting to trade and trade tariffs war. platenning treasury yield curve that could invert. before your eyes start to blaze over. we can't throw that at you. why it has market watchers very concerned. kevin giddis of raymond james, what you start to do as so-called yield curve begins to flatten and maybe invert, kevin. explain why something like that matters between the 10-year, two year, 30-year? >> liz, historically as we approach a flattening curve it doesn't matter until you inverted that curve. you were then worried about a complete recession. we're not quite there yet. obviously the fed is looking at flattening with the curve. we're down 36 basis points, twos to tens. it will be a factor as we go on if the curve continues to tighten. liz: can we show the yields on the two, the 10, five, 20, go ahead, kevin. >> 36, twos to 10, probably 12 or less between fives and te

canada goose, the jackets, the thousand dollar jackets, guess what? they've surged!fit jumping and the analysts say the forecast going forward of 20% revenue growth is modest. we're seeing the stock up 27%. and the cheesecake factory jumping on buyout chatter. unconfirmed but that a private equity firm may be interested in acquiring the company. stock's up 5.5% looking at highest close since 2017 and largest percentage increase since 2016. a quick peek at twitter which hit a three-year high, changing platform, going to be notifying you of some big events. . stuart: we're not done with coverage of that bombshell inspector general's report on the fbi's role in the clinton investigation. listen to what president trump said this morning about peter strzok, fbi guy. roll tape. >> i am amazed that peter strzok is still at the fbi, and so is everybody else that read that report. and i'm not even talk about the report, i'm talking about long before the report. peter strzok should have been fired a long time ago. stuart: jeffrey danek, a former fbi supervisor, you were an fbi

the company posted big earnings this morning strong performance at the store, cana canada goose >> ion't know what it is it is a type of drink, real fruity >> the goose is the one with the red patch on the sleeve. you can argue still is i got a $50 model that i wear all the time >> there you go. >> let's have cnbc update with sue herrera. >> hello guys, president trump's campaign manager is going to jail the president is tweeting quote "very unfair." >> tampering charges and sending him to jail before his new trial gets underway. two months before bill cosby fired his legal team including the high-profile attorney. >>> kelloggs is recalling over a million cases of honey cereal. some boxes can link to s salmonella >> steven hawkins' ashes were buried over the memorial service at west minister abbey >> you are up to date at this hour kelly and wilfred, back to you >>> a frequent guest on cnbc, stephen wood has passed away at 51-year-old. everybody that knows steve knows that he's so much younger than that our thoughts are with his family and friends. i was just talking to him about eme

i've got to tell you, five below is interesting because a lot of people thought it was a canada gooset be clothing and this is one of the most exciting stores i've ever been too are to and not just because it's from philadelphia and they always have the flavor of the month and it's a remarkable aisle by aisle treasure hunt and most important it's a regional and national story and you can put up five belows all over the country and what's amazing, it still managed to deliver and it's got great mvenlgment and all of the distribution capabilities and by the way, 5 below, we will see them in every state in the country. that's why you have both the short scrambling and and maybe this is the great next story that we have in the country. >> it's a retailer that's opening stores and not closing them 124, the current fiscal year who knew >> yeah. >> who knew? i will take david for my five below. it will blow your socks off. >> in brooklyn, right? i don't think you want manhattan. >> you never see video of you guys shopping together >> we really do need to do this, jim. >> the burlington store

harley-davidson and discovery communications both rallying canada goose soaring more than 2 25%. revenue there beating estimates. >> and i'm bill griffeth the market is taking its cue from president trump this morning. he not only announced billions in new tariffs against china, he also held that rather free wheeling press conference on the white house driveway we have it all covered for you eamon javers is at the white house. kayla tausche is following the sheriff story. and eunice yoon staying up late for us on china's reaction so eamon, were you part of the scrum? >> i was just a little bit late getting to the whoutite house, they locked down the entire complex while the president was out here a bunch of us who arrived after 8:30 a.m. were stuck out on pennsylvania avenue unable to get in so we weren't able to hear the president's unusual to be out here at all on the north lawn, i can't remember a president ever doing that at all. so dramatic stuff. and also at the federal courthouse this morning, a federal judge sent paul manafort to prison today. of course the former trump d

ua: see those canada goose jackets? very popular. see them everywhere.ales last quarter. credit suisse, i thi so much of the shakeket they raised their target price. they think the goose is going to $88 a share. it is up 8% this morning at 65. >>> now this. the world health organization will recognize gaming addiction as a mental health disorder. what will doc siegel have to say about that? he is with us right now. by the way, a 9-year-old girl, british girl, her parents said she was addicted to "fortnite." popular videogame. is there such a thing, addiction to playing? >> i think there is. world health organization calling this out will allow insurance to cover there. stuart: therapy for gaming addiction. we have to pay for that now? >> another word for socializelation. i love "fortnite," making $300 million a night on "fortnite." apocalyptic game where you battle each other, one person survived. my 13-year-old, i asked him if he played it. it is not what they're saying. people ban together and play together. what happened to you in that game any was an

the england captain leading the race for the golden goose after that hat trick against canada. the latest results at w cap go. you can see how you are going with your colleagues and our bloomberg presenters very time in the bottom now with all these anchors. also breaking news coming your way. haidi: commonwealth bank of australia say they will be undertaking a review of general insurance and attention to the wealth management unit. we had this flagged earlier this year. they were looking at relisting, saying the de-merged group will include the colonial estates so the asset management group as well as the brokering business. we will get more details on that but think the demerger will not affect shareholders. they will not retain a holding in the cfs group after this. looking for more details on that but in the meantime, the chinese ridesharing service didi continues its asked -- international rollout today in australia's second-biggest city. paul allen joins us with more. they are starting slowly. paul: it has been a soft launch, they have been running in one city just an hou