nike shares down by the way, david katz i want to go back to you and then i want someone to comment on that you liked qualcomm, going back to semiconductors, david. i feel like qualcomm is the forgotten giant. they were in this ip pat tent liti litigation for a decade. they're out of it and yet they don't get the attention a lot of other companies do, why not and what is it about qualcomm you like right now >> we like they have a great franchise, they're the cuts of the communication part of all cell phones, expanding into automobiles, industrial products you're right they had a good run the last year but nowhere near as much as other semiconductor companies so there's potential to jump aboard 5g is going to be a huge trend you're getting it at about 16 times earnings >> craig i'm going to put you on t the spot because you're good like that. stephanie also recommended prudential as part of her picks. do you have a view kind of -- you referenced u.s. bank corp., do you have a view on prudential new management, kind of a reset for the company. any view on pru? >> pru looks productive as

david katz, great names. have a great day thank you very much.ks, thank you all for watching or listening if you're listening to the podcast tonight. qul e u moow "sawk" is next every single day, we're all getting a little bit better. we're better cooks... better neighbors... hi. i've got this until you get back. better parents... and better friends. no! no! that's why comcast works around the clock constantly improving america's largest gig-speed broadband network. and just doubled the capacity here. how do things look on your end? -perfect! because we're building a better network every single day. >>> good morning stocks mixed under a little bit of pressure cryptos though being hit after big problems yesterday volatile trading we'll show you what's moving tempers flaring -- no, tempers flaring at 40,000 feet after another summer of air rage pilots planning to picket and we'll show you a list of their grievances plus, opening arguments begin today in the elizabeth holmes fraud trial. tabloids call it blood money we'll tell you what to expect, we

my next guest says this market pullback has created an attractive entry point let's welcome in david katz. i doubt bed bath is one of your names, david >> i don't believe it is not >> what do you look at in this environment and think this is the breakout time? and maybe kind of pick up on yesterday where we spoke with people who think rates are going up and the economy's going to hang in there but had very different ways to play it. there is sort of one group who's looking more at the energy and commodity space and another group looking more at financials and industrials. i'm curious where you would be >> we think the key to success is to take a longer time the critical point is on 31 which were the lighter corrections, you fully got back to your highs within two or three months so we think that's going to be the case this time you want to be buying and todays like today we think it's a very good opportunity we think there are a lot of places in the market that represent very good opportunity over the next six to 12 months industrials have been beaten up on the supply issues we think ther

here with that and dare we say some random but interesting stats on the market is david katz david, it'sto have you back on again as well. i'm going to read some of the stats because i almost stole them for the rbi, but i can't do that to david, these are his numbers we'll let him do it. this is amazing -- we're waiting for the 5% pullback. we talked about it, we actually got it just off the highs. you said there were 34 market pullbacks more than 5% going back to 1993 but of those times what has happened later on. give us a little bit of deep stock market history to make us feel a bit better about what happened yesterday. >> that's the surprise thing the corrections happened there pretty quick typically take three to four months and the recoveries are also pretty quick, four to five months of the 34 corrections, three were big bear markets, 31 were modest and you had fully gone back to the highs within three or four months we expect that to be the case this time, don't expect a bear market so we're saying this is a good time to buy the dips at the lows the markets were off 5%, that's be

david katz of jeffries >>> a quick programming note, the 2021 nfl season kicks off the defending tampa bucs hosting the dallas cowboys on thursday on nbc. and sunday night football to wrap up the weekend action you can catch both match ups on nbc and on streaming on peacock. >>> what do high end chefs like david chang and jacob samuelson have in common with walmart and kroger that's coming up >>> and the three that will have the most impact. we'll discuss that next. >>> you can always watch the show any time anywhere by listening to and following "the exchange" podcast. we're back in a moment growing up in a little red house, on the edge of a forest in norway, there were three things my family encouraged: kindness, honesty and hard work. over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. viking. exploring the world in comfort. [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't

round out the year this week we have heard from some of our favorite stock pickers, stephanie link, david katzsterday vance howard said pay come, intel and lulu lemon were all good bets for you. let's see what today brings with craig johnson, a man more right about the macro markets in the last five or six years than anybody else appreciate it, you and your team doing great macro work today it's about micro i love when a guest throws out a ticker and i have to look it up. you did that for me. meoh methonex who and why? >> well, brian, first off, this is a company in the specialty chemical space we're starting to see obviously a recovery in the economy and a pick up in the basic material parts of the market right now. so it's a stock to us, it looks like one we think should be bought it's one that i would put on a short list as we look forward into the second half of the year as the economy really picks up and starts to recover. >> yeah, it's off its highs but it's been hot the last 30 days or so. another new name a name i've heard in passing, couldn't tell you what they do, tech, biotechne. wh

jeffreys analyst david katz says draftkings and fanduel on top for platformies of use caesars plans tond big bucks marketing the app and rebranding the business it bought betmgm is now second for market. and canada's biggest sports content provider the score wynn entered the race, balis, churchill downs, points bet, fubo tv and tribal gaming all out to stakeout their own territory. and gone are the days when the nfl fought legalized sports betting. now it has gambling partners in arizona, the cardinals have their own gaming license and they are partnering with betmgm. that state is expected to launch sports betting any day now as is washington state and south dakota courtney. >> everybody wants a piece of that pie thank you. >> be sure to catch the nfl kickoff on thursday on nbc when the treasury yield buccaneers take on the dallas cowboys coverage starts at 7:00 p.m. eastern time >>> meantime, the sporting goo retailers have been on fire. dick's sporting goods up 150% year to date and 30% in the past month. the ceo saying on the most recent earnings call that the return of team sports