we will get perspective from gary dickerson, next.s is bloomberg. ♪ >> start with a check of your first word news. president trump address the nation one day after the worst school shooting in the u.s. in five years. president trump: later this month i will be meeting with the nation's governors and attorney generals. we are making our schools and our children safer, that will be our top priority. >> the president did not call for any action on guns. nikouthport a, 19-year-old on 17ruz has been booked counts of murder. democratic and already leader chuck schumer tweeted after the vote saying in part, if the president would stop torpedoing partisan efforts, a good bill would pass. to answeron refused questions during a closed-door meeting today with a house panel conducting the russian rope. the panel's top democrat says the white house strategist only agreed to answer 25 yes or no questions that had been written other white house. former advisor bannon reportedly invoke some kind of presidential communication privilege with his refusa

we will get perspective from gary dickerson, next.is bloomberg. ♪ andt is 11:30 in hong kong 12:30 p.m. in tokyo. i am ramy inocencio. prime minister shinzo abe hasn't for a secondoda term as boj governor. he was seen as a favorite to stay on, to maintain the banks unprecedented monetary stimulus. he said he is no -- in no position to talk about unwinding the program. but he said japan has beaten the inflation and are recovering. a rift between the australian prime minister and his deputy is widening, saying malcolm turnbull's comments about his extramarital affair were inept and the necessary. he said joyce made a shocking error of judgment that caused the breakup of his marriage. banned sexual relations with the junior staff. as. regulators have rejected china takeover of the chicago stock exchange. the boards had been in talks with an enterprise over a deal worth $27 million. but the company has no apparent experience running a stock exchange. the bid it did not meet requirements. chicago handles lessons are .5% of u.s. stocks rate

i'm here with applied ceo gary dickerson. you almost doubled sales since 2013.ow long has that run continued? this is really the most exciting time in the history of electronics. transportation, health care, entertainment, retail. all of those different areas. that wille foundation generate trillions of dollars in economic value is applied sources. they are really firing on all cylinders and it is never a better time to be a shareholder. >> how long do you think you can keep up that kind of growth? >> if you look at technology transformations that are happening, for the last three years for economist vehicles, there has been $80 billion invested in changing transportation. all of these industries will change in fundamental ways. processing,nguage eight ships and everyone of those devices. the silicone content is increasing as we go through the transformation. our business is fundamentally stronger than it has ever been in if you look at the trillions happening,of changes i've never been more optimistic about the future i have today. >> a long time worry is that

i did not understand for a minute why any one did not like that because -- gary dickerson with the firstrter and my kron micron is going up you got to stick with retailers at home. costco just straight up now since they reported a great monthly number we are getting some good and bad. i think that's good, that's what we want. we want the market not to trade in uni son that's just the vix stuff. i like what i see. that kind of sums up some down things >> we are up on the s&p 500. the nasdaq is up 5% for the year lets get to bertha the lunar new year is issuing a lot of those we see them come back. take a look at the 10-yr back below 2.9% that's helping sectors and real estate. take a look, you start taking a look at nasdaq in particular made a really nice recovery and now less than 4% away from those all time highs housing stocks have been hit hard as interest rates have risen, down about 4.5% the last couple of weeks and have started to bounce back when january housing starts much stronger than expected. the third increase is new home constructions, we are seeing some of those stocks are

jim cramer just had gary dickerson on he's the ceo it's a great story at a reasonable valuation if yourade the stock, buy half now, half post earnings this afternoon >> i'd add one thing with applied. be careful with the semiconductor cycle. as we get closer to the end stocks like applied get hurt though they are growing earnings. >> agreed. i would suggest from the 61 level a month and a half ago to the levels now so to push back, maybe they have already priced it into the stock. we'll see. that's what makes markets though, brian. >> i'm told you have value picks you like, sarat. >> gm is one that people say, we are at the end of the cycle. stock trades at seven times earnings, almost 4% yield. one could argue it's trading as if we won't get more growth in cars they are profitable, making more money now. guess what, they are coming out with innovation. i like the stock i want to hold it for a couple of years >> two more? >> first republic, one of our favorite banks this is a bank that's focused on the high net worth space, loan space. really good management, high customer service it's