looked like conagra had just gotten hacked. mrs. pauls and most importantly bird birds's eye.he deal made them the number two player in the united states' food frozen market they needed a little time to turn around those pinnacle brand. i spent a lot of time with shawn he hennderly. it was just plain wrong to put that stock that deep in the penalty box. i expect to hear much more about this i am betting the stock has a lot more room to run by the way, remember they like fast food, why millennials are hung up on fast food i told you they hate them. i believe the conventional wisdom i could not have been more wrong. actually, it is impossible you know what, verses expectations, it exploded into this stratusphere. we didn't stop to wonder what could happen if things went right. i certainly expect the company got better than expected number. i see some of it is better it is screaming on being valued correctly. six or seven times earnings right here it is downright insane now it is eight times. so many platform are desperate for programming. you are telling me, what is better to ha

devices on analyst upgrades and the better outlook for conagra and micron.dardeng poorl restaurants. the olive garden not as good as has been. that is a look at global markets. here to share his outlook is dan dalio. welcome. dan: thanks for having me. vonnie: give us the temperature of the broader markets and what you're anticipating for 2020 before we dive into individual classes of assets. dan: we continue to be positive on the overall markets. we continue to see it that way. if you think about what our strategists are saying, they see positive performance. there is good access to liquidity and trillions of dollars on the sideline. good access to credit markets. positive trends going forward and to the extent people are worried about the overall indices we tend to focus on those sectors that will survive even if the market volatility .ike technology that is broadly speaking, where we are focused. what is appetite like? we keep hearing business confidence is down. when it comes to mergers and deals, is that immune to what is going on in washington, d.c.? r

meantime, notable companies reporting results today include nike, conagra and darden restaurants whichlive garden and longhorn steakhouse. here on wall street, stocks closed mixed yesterday. the dow fell 27 points. the s&p 500 shed a point, while the nasdaq gained 4 points. >>> the trump administration has taken a step forward in its plan to allow americans to safely and legally access low-price prescription drugs from abroad. yesterday health officials unveiled a proposed rule that would allow states to import many brand-name drugs from canada with federal oversight. a second draft plan would allow pharmaceutical companies to seek approval to import their own drugs from any country. >>> the insurance company new york life is spending more than $6 billion to buy the group life and disability coverage business of the insurer cigna. the deal will add millions of customers to its business and give cigna cash to buy back stock and pare down its debt. new york life is among the nation's oldest life insurers. the company is owned by policyholders and does not trade publicly. the deal is expe

we did conagra-.al mills. >> it hit an all time high. >> that was the beginning of the nasdaq taking off. a lot of the big stocks, qualcomm was up huge remember they had that thousand percent. 2,000 percent. it was out a,0 thousand percent. >> march 10th 2000 it peaked i believe. >> march 15th. >> march 10th. march 10th >> that's the nasdaq peak. >> okay. david. >> the peak, not the second peak >> i want to talk about two stocks that are stalwarts during that period. johnson & jonson, aaa balance sheet. they say it's time i'm waiting for another assault by reuters, probably doesn't want to see this at a high and david barclays upgrade cisco >> yeah. >> why is this in this is very great. you know cisco is 21 of the top five stocks to buy during the trial of president clinton >> here we go. >> cisco, barclays could be one of the top stocks to buy >> there is nothing analogous. >> i thought i liked it. >> i wanted to make sure. >> none whatsoever >> did you happen to see this instagram video that's been

notable companies reporting earnings this week include fedex, micron, conagra, and blackberry. >>> stocksigher friday led by gains in tech companies. the dow was up three points, the s&p 500 inched up a fraction of a point, and the nasdaq added 17. >>> a decision to suspend or cut back production of boeing's troubled 737 max could come as early as today. according to the "wall street journal," the move comes amid growing uncertainty about the plane's return to service. in october, boeing said halting production could be necessary if federal approval of the max jet extended into 2020. the faa grounded the max fleet back in march following two deadly crashes overseas less than five months apart. >>> the same pharmaceutical empire that manufactured the opioid widely blamed for fueling a nationwide epidemic is now selling an antidote for opioid overdoses. mundi pharma is owned by the sackler family which also oaks purdue pharma. the company's selling an overdose reversal nasal spray. mundi pharma defended it as a lifesaving tool and says the sales strategy is separate from purdue pharma. >>>

stock the company says this quarter was the cyclical bottom and predicts stronger results next year conagraor its biggest one day gain since 1975. it hit the trio of earnings success. raising guidance lastly, rite aid soaring the company earning 54 cent a share. the estimate wads ten. the sec is proposing a rule change that would allow more americans the chance to invest in private companies looking at the positives and the negatives of the proposal. >> there are both. on one hand start-ups are staying private for longer much of theccruing in the private markets. the aggravate value of ipo tech was $177 billion that's more than three times that of last year and 20 times the value in 2016. in the recent cases of uber and lyft the best growth days were behind them by the time public markers got to invest. there's also wework. a clear example of lawing more americans to invest in start-ups. wework did make many of their financials available because they had bond holder as ipo perspective contained more information particularly around corporate governance that some of the most institutional inv

here in the u.s., mixed, conagra, general mills, on the flat side.nk there is a big mac row call here in the food stocks wasn't to focus on why we're at new highs again. it is important to review what i call the four horse men that has gotten us to new highs the fed neutral, number one. the u.s. economy, recession chances have faded, rather notably in the last few months let's call it a truce on the trade deal i want to focus on this, though, the global growth. we have been very carefully looking for signs of bottoming global growth. industrial production today pretty good. some china numbers recently pretty good. the boeing announcement is troublesome, a lot of emails about people making comments, we might have an 0.3% impact on the gdp, the united states as well as elsewhere that's a very large number and a lot of people are concerned about that there is boeing right now, impact there, 323. 322.50 is where they ended the year, 2018 we're essentially flat on the year saffron weak here, deal with general electric, they make the engines for the plane.

to further evidence of the consumer holding up well as we close out the year strong earnings from conagraretail ended up being one of the better-performing sectors for the s&p, led by shares of gap, up 7% no surprise, industrials, transports were the laggards on news that boeing is halting production of the 737 max, shares of ge but fedex by far the worst performer in the s&p on weak earnings, lowering its 2020 kbi guidance as it doubles down on investing and ecommerce on rival amazon as we look at 2020, can you give us some of your best picks >> well, we want to buy what's out of favor and inexpensive and not buy what's in favor and what's expensive when you talk about the market, that's counting the amazons and the apples and the microsofts. so the spread between nasdaq and value is very wide so we're saying, value stocks are going to do better we're saying bond substitute stocks are going to do worse, as interest rates go up and we think there's going to be a little bit more inflation. so things like fertilizer companies and maybe even energy stocks are going to do better next year in