as greg hayes could buy back stock, because he thinks the stock's cheap itself. i'm tempted to agree with minimum. these are breathtaking moves. unlike these other companies, ppg reported an in-line number. what do these companies have in common? why can't they snap back. how about a belief that china can't get much worse. how about something that says europe's getting much better. maybe the fed is on hold, whatever, it's working. and these gift horses are not getting an examination. take harley-davidson, a company that has a stellar track record. in the meantime, inventories are too high. harley was down $3 from its recent high. that's not enough in a bear market. unlike dover, eaten or united technologies, consumer exposure, and that's not something to bank on right now. hog finished down $7.80. almost 14%. then there's ibm. what can i say about ibm. not enough acceleration. the stock got slammed down for $8. even though it had already fallen $27 for the highs. my conclusion, ibm is not industrial. it's a tech stock. we shouldn't try to shoe horn it into anothe

i think greg hayes is in there straightening up the ship, doing a good job.d technologies is not necessarily the industrial i want to own right now. it will be the industrial if the numbers are beaten. i like the stock. i wish it yielded 3. it's got to go down a little more. carol in michigan. >> caller: thank you very much for taking my call. in 2008 or '09, during the recession, i bought ford stock at $3 a share. and i bought it as a lot of 100 shares. it went up, and i was very pleased with the results. i respect the ford family and am proud that they did not take the buyout when offered. my question is, to you, cramer, with this bear market, is it wise to buy more ford stock at its price now? >> a lot of things there are starting to go right that weren't right even a week ago. so let's just say it's a bear phase, but we know that things can get better in certain segments. i think ford can get better. why? because volkswagen is going to have to pull back rather dramatically, leaving a lot of space for a lot of the other automakers. tau for your comments. p

i loved the new technologies management team led by the no-nonsense greg hayes but the oldest elevator business is hostage to the downturn in interest spending in china. maeve give it another quarter. it's gone well and has a magnificent aerospace business. i'm a huge fan of verizon, which will report. i love stable dividends and's consistent mild growth. reports next tuesday, stock's 5% yield makes it too attractive to close up. after the break, chipotle. a restaurant in brooklyn, and bar san miguel. closed for a private party tonight. chipotle ramping since last quarter. i think it's profit-taking. my blessing to use a deep in the money call strategy i outline get back to even to bet on chipotle, to invest or trade going into the quarter -- i like those guys. wednesday's going to be very that is because ba, boeing, reports in the morning. it has to refute head-on the talk of a wide body airplane glut, and an idea delta put in our heads the other day. maybe wanted to buy planes cheaper, boy, it's trying to settle down. it didn't help that spirit air talked down its near-term numbers l

the new ceo at the beginning of the year greg hayes is really driving a lot of change there.t's not been a great stock year to date, but they're now talking about buying back their stock rather than engaging in m & a and i think that will make a difference for utx. >> fellow value investor over there, jim. >> i'm in the same boat with you. value is an awfully broad brush stroke. if we cut out the basic materials and energy names which has just been a vaporization. let's talk about value where there is some element of growth to it. last six weeks, you've seen resurgence in value. my question to you, because i'm asking myself this, is it sustainable or is it just sort of the puff of wind and maybe it's in comparison to a growth sector that apropos of health care and some darlingings have had some hiccups but in the past has shown us, just to say a name, when netflix has a hiccup, it rebounds. it's a question, how sustainable do you think this snapback for value is. >> it will require some help from the macro. the dollar is the key reconciling element to all of this. the dollar,

greg hayes was the cfo, he is just a solid guy and what he has done is basically tell people, listen,not yet, we have problems. i want to hear the conference call obviously. they bought back a lot of stock. they will continue to buy ak a lot of stock. as the cfo people are thinking he is making a lot of right moves buying back that stock. the stock is down a lot, unlike a lot of the other industrials and it's rallying. the organic growth is not what i want, but the buy back was quite aggressive. >> they do affirm the full year, add 12 billion to the buy back. >> a lot of people thought that they were going to not reaffirm and that's a very big move for them. i think this guy hayes is good. i still think that you have to wait for otus to turn, but if he tells the story about positive otus in 2016 then the stock is probably done going down. >> traveler is the best. i know you were looking at that earlier this morning. >> fishman, i wish him the best of luck and the number was a good number, travelers is writing a lot of business that no one else is writing and my favorite is going to be

. >> i think verizon a hasn't stick, i think greg hayes if you go through the numbers the organic grosstter 2016, but again, no reason to be able to say, listen, it's time to buy. i wouldn't sell it at this point. verizon i see reasons to buy, it's got yield and growth. >> do you think we can see new highs before the end of the year? >> yes. >> you do? >> i think we could see new highs. i really think we have to keep track of the dollar and the dollar does seem to have peaked. oil and gas has to stabilize. we can't have that go back to the 30s. there are too many companies like eaten that are leefrd in oil and gas that you don't realize. >> jim, congratulations. you were there. >> was this thank you a wheels up jet? what was that? was that a wheels up? yeah. >> yeah, it was a wheels up. i watched him on your show, i gave them a call. >> it's a great plane. that was a king air, wasn't it? >> king with two pilot lots. >> great pressurized, great little plane. >> fantastic. thank you. >> you might with all your travels. anyway, coming up this morning's biggest movers when squawk returns in

. >> hi greg hamburger a local hayes valley residents, developer and business owner. >> currently working and developing parcels h, j peculiar v and t with the city ten years ago, i started working in the neighborhood on 55 page street we had to sell over investors in the future of hayes valley and why this would be will a great neighborhood in san francisco it is far exceeded anything we could have imagined 10 years ago it speaks one of the great san francisco neighborhoods it is also i think kind of arrived to a whole new generation of san franciscans a lot of the locals have been there for a long term they knew that but given the central location the public transportation, the proximity to jobs, the great restaurants, the cultural institutions not everyone knew that i think that now with everything has going on the open space has become even more important with all the various parcels under construction and in different phases of development the neighborhoods in a really bind and i think keeping the beer garden under the approximate it and supporting them it is a vital part of neighbor

. >> hi greg hamburger a local hayes valley residents, developer and business owner. >> currently working and developing parcels h, j peculiar v and t with the city ten years ago, i started working in the neighborhood on 55 page street we had to sell over investors in the future of hayes valley and why this would be will a great neighborhood in san francisco it is far exceeded anything we could have imagined 10 years ago it speaks one of the great san francisco neighborhoods it is also i think kind of arrived to a whole new generation of san franciscans a lot of the locals have been there for a long term they knew that but given the central location the public transportation, the proximity to jobs, the great restaurants, the cultural institutions not everyone knew that i think that now with everything has going on the open space has become even more important with all the various parcels under construction and in different phases of development the neighborhoods in a really bind and i think keeping the beer garden under the approximate it and supporting them it is a vital part of neighbor

. >> hi greg hamburger a local hayes valley residents, developer and business owner. >> currently working and developing parcels h, j peculiar v and t with the city ten years ago, i started working in the neighborhood on 55 page street we had to sell over investors in the future of hayes valley and why this would be will a great neighborhood in san francisco it is far exceeded anything we could have imagined 10 years ago it speaks one of the great san francisco neighborhoods it is also i think kind of arrived to a whole new generation of san franciscans a lot of the locals have been there for a long term they knew that but given the central location the public transportation, the proximity to jobs, the great restaurants, the cultural institutions not everyone knew that i think that now with everything has going on the open space has become even more important with all the various parcels under construction and in different phases of development the neighborhoods in a really bind and i think keeping the beer garden under the approximate it and supporting them it is a vital part of neighbor

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. greg certain he'll say a few words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. greg certain he'll say a few words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. greg certain he'll say a few words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. greg certain he'll say a few words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. greg certain he'll say a few words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. gregtain he'll say a few words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was pra

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. greg certain he'll say a few words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was

hayes white. i'm also a monk it by three boys. i'm really glad to be standing with this man. for boys. he's a police chief. gregw words in a moment but were kind of like one big team geared i'm delighted. i got participated before at the school sometimes we do read along but were grateful to be in this first grade class to participate in the drill in i know as fire chief, i don't think i would be in this position today it wasn't for the wonderful teachers that i had growing up here in san francisco. how about, boys and girls, you give a big round of applause to and so young and all the teachers and the staff here at the school. >>[applause] >> i'm also proud to be standing with some members of my department under the direction of capt. kevin party edge and 20. there your local files fire station so thanks for coming out today. >>[applause] >> a couple of things. i guess it merely is sort of the coach of the team. he's in charge of the whole city. he expects us to work together to be ready for anything. not just in the police and fire department. so, we are here today what we did today was practice. we practiced