honeywell want to spin off its home business.n dupont, it's going to bring its up into three smaller companies. i think it's an opportunity. and finally, i watch out for potential spin off of fmc corpse, lithium division lithium goes into electronic batteries. spinoffs can be lucrative even if they don't seem to be working. we will keep monitoring these stocks for you, that's who we work for and after considering how well they've done we're going to profile all of the major ones going forward so you can make up your own mind will be whether they're great opportunities. john in ohio >> caller: hello mr. cramer i've owned phillip morris for several years. i took some off the table as you direct but ooud like to know whether to hold, sell or buy the rest >> its difficult because i didn't like to recommend tobacco companies. i like bothem both. i think they're really really good so, i bless them as stocks as much as i hate them as companies. >>> all right sometimes breaking up is great today. dow dupont's going to give you some oppor

there are many better industrials being run like honeywell and danneher and the turnaround of ge could take two and a half to three years. agree? >> 100%. >> yes, 100% >> yes >> it's that bad no one is buying the stock today? >> the problem the earnings guidance you have no visibility and the reason is because powergen is in secular decline they say they'll fix this in two years. you don't know if you've at the trough yet the dividend cut is an 85% payout to free cash flow if you look at emerson, utx, honeywell, they have a payout of 50% so they've got room to grow the dividend, they've got room to invest and to grow their underlying businesses. we don't get a lot of room from ge, even with the new cuts >> from a stock point of view, i'll make this quick, joe, you don't have everybody who is going to get out of the stock getting out today. some people are shell shocked by this some people are frozen >> they've already gotten out? >> no, they have not we know that we're not going to name names but we know people who have been on the show and said when the dividend cut happens that's whe

shake me how the of my honeywell and maybe i'll take a look at ge. >> how about some emerson. how about some 3-m. >> there's alternatives. >> in are names that are much better >> no price at which you would buy ge >> not true. this is a turnaround story takes longer than one quarter. i bet you in the first quarter you're at 15 i hate to the make a bet like that you don't buy it then because it will take all of 2018 to turn the ship around and if i do it, you'll make fun of me the whole time jimmy is in ge at is a and it will be december of 2018. >> i'll give you props for getting in there. >> no, you won't. >> i'll give you props for getting in. >> you say that now. >> i may hammer you on the way down how about the other up, deere. didn't talk about that up. upgraded to outperform. >> buy the momentum, buy the growth. >> 155 is the new price target. >> they have been upside calls in here, jufnlt as you know, we'll talk about a couple of them that we were lucky enough to be on the right side of and pippa wrote them up and put them on cnbc.com. this is one of those three, and th

first of all, i'm very glad you brought up honeywell.of assets, you know, the mistake a lot of people have made is let's take current results and extrapolate into the future, the reality is you should look at normalized earnings, i'm glad you brought up lun well, what made one of the best-performing stocks over long time and a great turn around story was when cody was not -- went to honeywell. the best way flannery could do is look at cody and they stopped changing the story every 90 days and focused on doing a few things well. maria: wow, that's interesting. >> if they do, that will be john flannery's path to real success. i hope they do it. kevin: actually investing in the company, they are operating on all cylinders and because of management. maria: jeff cody has done an incredible job. let me ask you this because investor day today and john flannery, new ceo has made a pledge to sell $20 billion, additional, part of the pledge is the transportation unit which makes locomotives and how many jobs will be affected? 295,000 employees at

i've said no for quite some time and you see the out performance of honeywell at a certain point you will find equilibrium at ge. i don't think it's 20 bucks. i think dan is giving himself time which makes sense in the here and now as dan said and mike said, there's going to be some murky waters. >> yeah, just real quickly on the event, you're either going to get a capitulation. where they cut the dividend and everything sounds nasty and you see a stock in the high teens or the thing will solidify and you'll see trade structures playing for a move back to the mid 20s. to me i like the risk/reward >> for everything "options action" check out our web site optionsaction.cnbc.com while you're there you can see our newsletter it's what guy reads every night before bed what are you waiting for here's what's coming up next. >> roku shares are running wild, but if you missed the move, we'll show you how to get long for next -- for less. plus, calling all "options action" fans reach into your pocket, grab your phone and tweet your question @options action if it's nice, we'll answer it on air

put it all together, marino thinks there's no reason for honeywell's up trend to change any time soonhere's the bottom line, with the breath sector deter rating you need to think about the none tech part of your portfolio. you should have a diverse portfolio. my view, many of these are definitely worth picking at like the oih as the market gets hit with what many people see as the long awaited pull back >>> math in illinois -- matt >> caller: hello cramer. first i'd like to thank you because i am a millennial investor and since reading your books and watching your show i've gotten so excited about investing i've decided to switch my career path to finance and i'm pursuing my mast masters at georgetown university >> that is fabulous matt that's a fabulous school and i hope you do great. >> caller: thank you all right, so i am calling about krach l defense and security solutions. kto s. since the quarter three report it has gotten chill. i'm looking for some guidance -- >> yes, this is a -- we've been bind this thing the whole way. i think you should buy some. how about jackson in kentu

honeywell's a fantastic automobile turbo charger franchise.consider the surger you're seeing part of this is about the directed consumer business that -- away from the network. i think it gives them a competitive edge while it's only a fraction in size of caterpillar you got -- here's a company that's written off as a casual industrial slow down, now there's no slow down there's an acceleration. that's how manitivoc stock rallied this year. it's probably not done going high how about illinois tool works. itw. not that long ago the stock fell dramatically there's so much more to illinois tool works welding, all within the concepts of learning its customers' needs. the stock took off i'd argue it should have never been down in the first place then there's deere here's another company we thought was silly call now that deere has cut tremendous cost, this market -- instead you get that kind of steady line you see from the drug companies finally you got comets which got slammed because of pressure on its margins. it explain the issues well in the c

and the best template they have is to take what dave cody did years ago when he went out to the honeywellthe time was a burned out hulk and basically said let's stop screwing around. let's pretend that strategy is a constant thing let's not change how we present every six months it took about four to five years for it to really be credible with investors but it worked. there is a path to doing that, but it is not going to be a quick fix. >> you know, in the dark you really can't even -- with an elephant you don't know whether you are in the front or the back, right? >> i'm sorry repeat that, please. >> in the dark and you are trying to follow an elephant, you don't know the front from the back if you are just, like, feeling around you're not really sure which is which, right >> yeah. >> no, no. no i'm very serious it's a large company, right? in terms of their revenue and profit base in terms of the normalized earnings power, most of the company is around power, you know, and let's say oil and gas for now. you know, aviation and health care if you focus on a few businesses and actually do

. >> i steal from corporations like honeywell or motorola, you know what i am saying. balsam fir?resh cinnamon? or for something really special... ...'new car smell'. [smelling] don't mind if i do... ♪ ring in the holidays with buick. hurry in to your buick dealer and get 17 percent below msrp on almost every 20-17 sedan model. that's nearly 7-4 hundred on this lacrosse. hurry, offer ends november 14. use an over-pronounced whwashing techniquesurgery, for dramatic effect. they also know you need to get your annual check-up. now prepare for your check-up with one touch using the mycigna app, where you can find a doctor in your plan's network to save money, manage your health, and more. need to be thorough... cigna. together all the way. >>> the women housed at maricopa's estraya jail don't get to spend much time outside of their cells or the day room in between cells. so the hour or so they get on the yard is a welcome break. but what brayden dailey looks forward to is the short walk to the yard. >> i'm going by f because i get to see my woman. and she is always like staring at me.

honeywell, a damn good year, up today.s not that micron's had a great year why it's not up today. >> can't a stock go down a little -- >> i haven't sold any, obviously. my point. >> one month ago, high of multiyears for micron. one month ago. where that level is now. let's not make too big a deal. >> do you think buyers will come in to some of those tech stocks -- >> yes. >> -- they've had had the momentum at some point and regain that speed. >> absolutely. >> that power they've had? >> when we see a little rotation after people -- joe talked about pnc i believe. banks in general look at the run in the banks in the last week. give or take within the last week, the run on the banks. >> that i attribute to the fact that one by one tnays becoming yeas i'll give you that. >> not selling into strength wait for the tax bill. >> one-time only. >> no incentive to sell. >> a sell on news. >> that's the key -- >> make it quick. >> very quick. >> actually -- >> might be the best thing for the market that we haven't gotten this yet, i

>> celine dion >> almost as bad honeywell. back to you, mel >> we'll keep playing celine have a great weekend "options action" is up next. me. ambitions live everywhere. synchrony financial gives people the buying power and financial toolsthat help make them happen. synchrony financial. what are you working forward to? why did you take credit card debt on? second kid. private school. medical bills. moving costs. solid ground. a personal loan from sofi is a smart way to consolidate credit card debt. certain borrowers cut their credit card interest rates 42% and increased credit scores 17 points on average. borrow up to $100,000 with low rates and no hidden fees. find your rate in just two minutes, and take on your debt at sofi.com. >>> we're live at the nasdaq market site on this expiration site the guys are behind me getting ready, while they're doing that, here's what's coming up in the show >> buzz buzz sound when you hear this signal, hang up ♪ mr. telephone man >> but don't hang up on at&t and time warner. because the opti

join the president in china, including executives from goldman sachs, boeing, general electric, honeywell, and qualcomm. >>> and there's one more item that many american business owners hope will be on the president's agenda when he is in china, and it is intellectual property theft. that type of copycat theft costs an estimated $300 billion annually. kayla tausche reports. >> reporter: outside baltimore, marlon molds wire from indiana and illinois into storage racks, baskets and deep prifriars. >> the wire used to be a car or dishwasher melted down. it's all recycled, made in america. >> reporter: these seemingly simple products require complex engineering. marlon's ceo drew greenblatt began seeing his items in google searches for chinese competitors. >> we've come up with such creative, novel ideas, we spent so much money on that, and then they just cut and paste it and steal from us. it's hard to measure exactly how much -- how many jobs we've lost here. whether we lost 20 employee jobs or 100 employee jobs, it's hard to measure, because people don't send you an e-mail or phone call to

right multiple for general electric, a company with basically no earnings growth, as compared to a honeywell that's going to grow from 11 to 13% should they be trading at the same multiple? i've said no for quite some time at a certain point, you're going to find equilibrium in ge, i just don't think it's 20 bucks dan is giving himself time, which makes a lot of sense in the here and now, there's going to be some murky waters. >> just real quickly, on the event, you know, you're either going to get a capitulation, everything sounds nasty and you'll see a stock in the high teens, or the thing will continue to solidify and you'll like these sorts of trade structures playing for a move back to the 20s. >> check out our website, while there you can sign up for a newsletter, what guy reads every night before going to bed. >> damn straight >> here's what's next. >>> roku shares are running wild if you missed the move, we'll show you how to get long for less >>> plus calling all "options action" fans reach into your pocket, grab your phone, and tweet us your question @optionsaction. if it's nice, w

today, the news on ge, you look at honeywell, what is driving that is corporate want to improve theirmount of money that is, to activism, and that is helping to move the footprints of global corporate. that is really exploding in japan. that market with big household names, the nikkei 400, 25% of those companies have more than 100 subsidiaries, and many of them have more than 300. that is highly inefficient relative to europe or the u.s. that is an area where we are active and we are doing more around experiences with things like travel, health care. i was recently in china -- environment to me ranks as high as job growth in terms of government priorities. that will really drive behavior. which irivate credit, know is an area we hit on before, we are seeing more opportunity today in performing private credit really against where there are assets pledged against collateral. that could be housing, commercial construction, airplanes. as the banks are doing better, they want to sell some of their performing credit. we have been able to partner with them. that is active for us and europe.

. $9 billion have been announced so far by wilbur ross including deals between honeywell and spring airlineso the bank lending company that's been getting on like fire in some of these chinese cities. , signingcopter, ge some of these corporation agreements as well. waiting to hear more deals announced today after these bilateral meetings. we know president trump will be meeting with the premier as well but at the moment, looking at these pictures of president trump, melania trump and the president and first lady of being feted i all the pomp and ceremony there at the great hall of the people. rishaad: the stars & stripes being played by the band there. let's just take in the atmosphere briefly. rishaad: a so-called state plus visit. a marked contrast, this is a visit that has been centering on trade and that's what we've been talking about, just 24 hours ago -- we heard the president in the national assembly in sold talking about north korea and holding north korea's leadership to account for country which he llscribed in that speech as he on earth, in marked contrast to what we've been tal

honeywell is a great comparison to them, which will generate more cash flow, lower leverage, higher marginsis treated to give you a notches lower. you expect to see some action coming out of the ratings. that will push them out of the index which will create some technical pressure on the bond. shery: all of this depends on what happens to ge's management as well. have we heard anything about reshuffles? headlines coming out about reducing the size of the board. we spoke with brooke sutherland who said a board of 18 is too big for a company the size anyways, so it was good that they were cutting down. as you know, they have the activists onboard as well. that was something that analysts were pleased about. julie: do you think the negative stock reaction to the announcements today will hasten more changes at the company? say, flannery does not want to sell the power business yet. will that happen more quickly now? it seems like investors are unhappy about it. >> this is a big ocean minor that you are moving you cannot do it overnight. they have taken today are probably more than i have seen

. >> what about honeywell? >> it chris? >> i think united -- yes, united technology and honeywell have done transformational the right way and concentrated on those areas where they've been able to maintain growth and at the expense of ge, so it's a different story i think for those two companies. >> holly, the market you follow, the currencies, the interest rate forum out there, what are you seeing right now as we focus so much on the fed and changes there and the expected rate increase later this month? >> well, the story in fixed income markets in the rate space sa about the yield curve. dramatic flattening of the yield curve not only in the past couple days and weeks but really all year i'm of the belief that's going to continue. you may say, why's that important to me, i'm trading stocks, might be trading commodities. the reason it's important is because in modern mystery history, every recession in the u.s. has been preceded by an inverted yield curve. 118 basis points that's not anywhere near inverting at this point.

china's companies totaling more than a quarter trillion dollars involving companies like boeing, honeywell, ge, caterpillar all to get jobs back here at home and cut back on that $350 billion trade deficit with china. and this as the new report says the chinese are having praise on the president and the first family calling trump's deal making a new era of bilateral relations, as d.c. critics basically say the swamp is now draining itself. now, 40 politicians in both sides will not seek re-election next year. it is a jam packed hour with a lot of news tonight. with us former uk parliament member john brown, former trump hispanic advisory councilmember steve cortez, actor model turned republican california congressional candidate he is antonio jr. and on this for veteran's day we're bringing in retired double amputee he is wounded warrior staff sargent johnny joey jones all here tonight. i'm elizabeth macdonald risk & rewards starts right now. >> president trump: my contract with the american voter begins with a plan to end government corruption and to take back our country and to take it b

that first -- the week of thanksgiving, they anoint stocks and they have anointed home depot, 3-m, honeywell, lam research, my crow stocks and estee lauder, amat my dog who answered and the other dog who was sick, envidya. it's incredible i had one. juicie juiciest morsels, a raw lamb shank and he didn't answer to everett, coming for nvidia that is love stock, and the only reason i mention this is because josh, nvidia, cold, right? >> listen, i -- i look at nvidia, and i look at micron. >> that's on my list. >> and anything semiconductor-related, they just don't stop, so when you look at the charts -- >> some wondering whether the m & a and chip is a sign of the top itself. >> who are throwing that out there? >> marvel, others. >> i think there's an arms race, and i think the semi companies know that they need to be multi-facetted and they need to be able to speak the language of new technologies so it makes sense for them to get together rather than partnering or joint ventures i don't know that we can just say it's a lot of m & a, it's topping. >> marvel is up 4.5%, 5% today or something l

. >> i'm going to bring up honeywell.ew high once again. >> thanks, honey. >> thanks to all of you for watching that does it for us. "power lunch" begins right now. >> i'm michelle caruso-cabrera a critical week for congress the senate aiming to vote on a republican tax plan but there are a lot of things to happen before that. retail stocks are rallying it's the biggest online shopping day in history >>> and the top consumer watchdog, two bosses show up to work, now you have one and now you have two, one of the

. >> honeywell's price got raised to 171 at deutsche that's your stock. >> i love that >> we have eight second. i thought you guys had something to say clearly, you wasted it with all the other stuff. >>> thanks, scott. here is what's on the menu president trump's pick to be the next fed chair, jay powell front and center on capitol hill the markets seem to like it. we aregoing to bring you powell's take on the economy, taxes, interest rates, and much more ahead forget tommy boy wall street lining wingy, a buffalo wild wings soaring on a buyout did the buyers underpay? as bitcoin creeps ever so close to $10,000 the world is wondering, if this is the early stages of one of the greatest investments or a historical footnote to one of the biggest bebl

these deals are of course a who's who from boeing, general electric, goldman sachs, air products, honeywell, dow, caterpillar, you know, i know some of these obviously were in the pipeline already but $250 billion is a pretty good number. >> you're right it is pretty significant, obviously, the hopes and dreams of the administration was to sort of meet or match or even go higher than the trade deficit which they've been so focused on, but all in all, i mean i think so far from president trump's trip to china, he's certainly getting the takeaways he would like to see. >> charles: now, i'm sorry daniel, some critics are saying well it's a lot of pomp and circumstance, a lot of parades, music, and that this is more or less a charmed offense ever by china taking away from some of the harder edge conversations that they are uncomfortable with right now. do you see it that way? >> i think there's some truth to that. $250 billion is a lot of money. i think this is a takeaway for the president. it's a little more showmanship, maybe than hard substance. as you said a lot of these deals were in the w

you can go into honeywells and microsofts of the world and partake in it and be careful when you buy the etfs. >> you have to know what you're doing. spend more than five minutes and not just chase a ticker symbol ewj is a great example that's heavy yen exposure and heavy export exposure. it's practically -- >> i would say -- i would say it's knowing what you are doing. there has to be a fundamental reason, and if you look at europe, you're seeing fundamental changes, particularly in france with macron's initiatives to reform taxes and labor laws that are very much illustrative of why europe is doing a heck of a lot bert and will continue to do so. i agree with you, by the way you don't go across the board and take everything. >> you're sort of making the point that cramer was make last night. in fact, let's listen to what jim said last night. i think it's apropos to the kind of conversation we're having we can discuss more of it on the other side >> it's not just about the u.s it's the whole darn world. europe, which had been a constant worry flipped and became a source of growth th

. >> i'm going to bring up honeywell. new high once again. >> thanks, honey. >> thanks to all of you for watching that does it for us. "power lunch" begins right now. >> i'm michelle caruso-cabrera a critical week for congress the senate aiming to vote on a republican tax plan but there are a lot of things to happen before that. retail stocks are rallying it's the biggest online shopping day in history >>> and the top consumer watchdog, two bosses show up to work, now you have one and now you have two, one of them is in charge "power lunch" starts right now >>> well, it might be a new week but it's the same old good news story for your stocks. modest gains and enough earlier for all three major averages to make more new highs. the nasdaq, if it finishes up, will be up for a fifth straight session. crude oil down 2%. wow, bitcoin, it continues its record run it's above 9500. it's inching closer to 10,000. check this out it took just seven days for bitcoin to go from 8,000 to 9,000. it's up 900% this year we're going to dri

. >> honeywell's price got raised to 171 at deutsche that's your stock. >> i love that >> we have eight second. i thought you guys had something to say clearly, you wasted it with all the other stuff. >>> thanks, scott. here is what's on the menu president trump's pick to be the next fed chair, jay powell front and center on capitol hill the markets seem to like it. we aregoing to bring you powell's take on the economy, taxes, interest rates, and much more ahead forget tommy boy wall street lining wingy, a buffalo wild wings soaring on a buyout did the buyers underpay? as bitcoin creeps ever so close to $10,000 the world is wondering, if this is the early stages of one of the greatest investments or a historical footnote to one of the biggest bebls we ha-- bubbl have ever seen tweet us your thoughts >>> welcome to "power lunch. i'm melissa lee. wall street carving out some nice gains the dow and wall street pushing to highs s&p, zi oons and jpmorgan author industry, the recreational vehicle ceo speaks with jim cramer tonight on "mad money. check out unilever it is going higher no final

you have siemen's and then here, will honeywell have any interest >> absolutely. with the splitoff, you can figure out which division it goes with. and he's got a great balance sheet, by the way. >> and finally, analysts weighing in. deutsch bank says something is wrong with emerson no intention of emerging with emerson and nor does rockwell feel compelled to find an alternate suitor it would be hard for emerson to be hostile they missed the annual meeting in february at rockwell. so there's not really a great path there but scott davis, that's a name i remember, scott davis. >> sure. >> he says, with all due respect to the rockwell folks, this could be the type of transaction that rockwell needs to move to the next level and you have differing opinions. >> eaton would be a nice opinion for them and i don't know if you read this, but they had a quality problem with cummins and they did a deal and combination, and cummins coming back today. the truck business is so strong. these plain vanilla businesses where the year-over-year businesses wreaked like when they had

. >> honeywell sells at 20 times earnings david cody built an unbelievable company.his is a company that's levered to markets that frankly you don't want to be levered to. oil and garks maybe the awed saudi trouble gets it to 60. when you have a company that has a big power division -- a lot of companies have fledpower because it's too ee more fous and it's about long term contracts. you want to be in military and engines, up against united technologies, a superior company and health care, i know flannery is from that and health care is a growing business but obviously there are other health care companies that have better growth i'm thinking about -- an abbott. i'm thinking about -- thermo fisher -- >> we don't talk about perhaps enough. >> an excellent company and this company needs toget -- if i were these guys, i would try to poach someone very quickly from thermo fisher and ge loses a lot of business to those let's give flannery his due. that was a horrible division, got it to have organic growth. it's a troubled company that should not be selling this high on a

happen >> they can use antitrust effectively the same way that united technologies did in defending honeywell. we'll see. >> i would disagree because qualcomm combined with broadcom gives those companies a little leverage versus apple and samsung even as hawk tan has great relationship with both. >> i would hope tan would have joined us. >> he is i'm his person fiction >> i know. >> we're going to do it later. frankly, it's everything we've reported about it. >> you're there, isn't john ledger there where i usually sit? >> no, he's not. >> he's spinning, he's doing some spinning and then he'll be there. >> still to come this morning, we have to touch on saudi prince al-waleed among those arrested in a corruption crackdown. we'll get a live report from riyadh there's reports they started to freeze accounts of those arrested take a look at the premarket coming off eight weeks of gains, haven't done that since 2013 back in a me mont ron! something's going on at schwab. oh really? mont thank you clients? well jd power did just rank them highest in investor satisfaction with full service brokerage

honeywell does much the same thing, smaller, less well-known.eil: i remember they would hook up. >> that has been a wonderful stock over the years. neil: do you worry when someone like new ceo, plannerry, you know, i don't upset about that sort of thing the stock price. >> he has to say that. neil: salaries and all that to the stock, so obviously it does matter. >> sure. neil: but it is not matter today. >> yeah. i really think, it is a stock specific story. a lot of financial engineering went with the company for decades, they got away with it. now they're paying for it. you have to think a breakup may well be likely. neil: used to be like investing in ge was investing in a growth mutual fund, the days of jack welch. what happened? >> a great warning that people not to fall in a love with stock. right now is the fangs. everyone betting on them is doing wonderfully. neil: facebook apple, right. >> and that music is going to come to an end. neil: don't fall in love with one issue. >> right. neil: what is the issue that should telegraph concern fo

it ain't happening, just like greg hayes said about honeywell. >> it feels like people stepping on the just as they're getting a yellow light. >> it does and it is curious. that said, as you guys well know, there are many people who are expert in antitrust law who don't believe that the government has a sufficient case to make here you never know what is going to happen in court in front of a d.c. circuit court judge when it comes to a vertical integration. comcast would say the descent decree was fairly onerous, they operated from under it 70% of the financial contribution from these assets is international and so -- >> comcast said they -- >> they want to be international. they're including the domestics assets, the cable networks, the studio, no doubt about it. but -- >> okay, let me give you time, time warner, at&t, they go to -- they go to the federal court >> but they haven't been sued yet. >> came in monday thinking they would be sued, it is friday, they still haven't been. >> but no antitrust person i spoke to thinks the government has a case. >> i know. >> so how about your co

for the trip and being accompanied by a slew of ceos including loyal blankfein, executives from honeywell>> a lot of companies that -- it almost seems it's a sales call do business with us and we will be a little bit more -- let's say we're not going to exercise 2 232. >> starbucks was up 7% comp growth in china in fiscal 2017 and reacceleration of growth for apple in china that's a big revenue number for china for apple, 9.5 billion. >> the china numbers, it's the whole eco system, it was a problem and now it's not the chinese love the phone and taking a lot of share. we should go. >> let's get a break in and we'll get the mad dash after a short break and opening bell after that keta in another look at the futures, we're back in a moment. k rise higher than ever. as the world leader in unmanned aerial systems, we're attracting the world's best talent to central new york. and turning the airport into a first-class transportation hub. all while growing urban areas into vibrant places to live and work. across new york state, we're building the new new york. to grow your business with us in

we had 9 billion deals announced today, ge, and honeywell among others. interestingly, one of the companies mentioned was smithfield. .hat is a chinese owned firm the commerce secretary wilbur ross has promised more deals and tomorrow we get -- we may get more details. there is a degree of skepticism about just how much these deals will advance in terms of reducing the trade deficit between the u.s. and china. there is much more we need to do in terms of opening market reciprocity, which is a term that has been used. jonathan: this is slightly unfair of me, but i want to pull away from the trump tour and talk about something in hong kong. a big stake inng snap but in hong kong that was not the news. it was an ipo of its e-book unit that did massive things in the market that i find completely unbelievable. give us some color. enda: it was a massive ipo that soared 90% in its first day. this is considered to be a chinese version of kendall. dell.n it speaks to the chinese tech story and the potential of what is going on, as well as massive pent-up demand am

honeywell doing fantastically.but it never really recovered from the financial crisis. it's going to take a few quarters to convince people that they are on the right path forward. it's quite late in the cycle. it's a cyclical company. to continue going long enough for the new management and structure to deliver something? we are a few minutes from getting the presentation for the investors day. what is it going to take to persuade investors that powers a good place to invest right now? >> that is the big question. they have their work cut out for them. we saw siemens admitting that ordered toities have gas turbines over the past four years. this is not a market that is doing well this year. that's been the profit generator on the service side. you have to wonder whether this is a one time downturn or is this a sign of a return to a known normal -- a new normal widowers see -- normal where we will see a downturn in profits. >> do you like it when you hear these kind of stories? , other big companies, all pushing to

frankly, it will take five years to fully fix the company the best playbook, dave cody came into honeywell 15 years ago said, okay, let's stop viewing around. >> should they bring him to ge now? >> think he should be on their board right now. gentlemen, thank you very much debating this stock of the week. >>> if you can't beat them, join them shopping malls are starting to fight back against online retailers by renting space to some of them up next, find out if these online retailers can save the malls. >>> plus wall street fines plunging under president trump we'll discuss whether that's because of less oversight or the wave of big pelts denaieunr president obama has skewed the numbers, when we come back shield annuities from brighthouse financial, allow you to take advantage of growth opportunities. with a level of protection in down markets. so you can head into retirement with confidence. brighthouse financial established by metlife. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked..

. >> show me stoke priced at market moiments don't appears appears like honeywell interesting thing aboutys went down after wards just because buying doesn't mean the turnaround is going to take hold jeff immelt did it, it didn't work. >> buy at 18 and change? right you got to ask the question after high was 50 and change, we are watching tesla after semitruck veal good morning to you. >> good friday morning you are right watching technology, tesla electric trucks wave of the future reservations to may multiples tesla semitrucks, they actually noting that we believe electric trucks beneficial on lom, and also the heavy routes they travel great news for tesla stock moving higher in 324, 325 range this morning after closing 312 and change watching the gap, the gap is moving upside today, they came out with biggest revenue contributor is old navy always best part of the gap report from gap banana republic closing going to coffee shop on more discount chain old navy chain big news gap up 7.7%, abercrombie & fitch, up 21%, this morning, all about how that helps with later quarter. maria: thank

transfer it can match up against united technologies and honeywell. it lost $150 billion since 2006 cut in half. stuart: before we go further yot month because of the tax cut which is promised for small businesses. i don't think this is a big hole with teens. huge positive. >> keep in mind the small business is the lifeblood of the economy ravaged by taxes, by obamacare cut off from getting many types of credit. though grasp at straws and be optimistic about anything. what a think about what this story is that the government does not come through at these tax-cut, the biggest casualty will be small businesses. they need them more than anybody and if they don't get them, there is a lot of collateral damage. stuart: we stabilize at the loss of 50 and 60 points tuesday morning. take a look at financials talks. a bipartisan senate deal which k rules. you think that was a plus for financials. the big tanks on your screen now mostly lower. chet or regional banks, the principal sufferers of dodd-frank. if you remove what they are doing, some of them will go

if you know how the run -- maria: honeywell has soar, by the way. >> you can certainly make it a profitable business and heartbreaking and disappointing. maria: it is. i know would you buy at this level? >> i would not to be honest with you. i think it's got more down than up right now. >> i bought it at 18.80. everyone tells me i should have bought bitcoin instead. maria: lauren thank you so much. lauren simonetti. florida's citrus industry battles back after hurricane himma, farmers are now heading to washington to ask for help. dhl wants to set up game with semielectric trucks, busy wednesday. over time, making things even more challenging. but there are advances that have led to treatment options that can help. if someone you love has parkinson's and is experiencing hallucinations or delusions, talk to your parkinson's specialist. because there's more to parkinson's. my visitors should be the ones i want to see. learn more at moretoparkinsons.com maria: welcome back, good wednesday morning, everybody, thank you so much for joining us. happy wednesday. i'm maria bartiromo and it is wedne

. >> it's like when you go after honeywell, try out ge for size. >> exactly go in for general electricthat beast. holy cow >> see you in a couple of minutes. thanks t-mobile's unlimited now includes netflix on us. that's right. netflix on us. get 4 unlimited lines for just $40 bucks each. taxes and fees included. and now netflix included. you myour joints...thing for your heart... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain health supplement in drug stores nationwide. prevagen. the name to remember. >>> we have no time. >> no time >> anyway, thank you, melissa. make sure you join us tomorrow "squawk on the street" is next >>> good wednesday morning i'm carl quintanilla futures are up on this first day of the month earnings from facebook and tesla tonight. auto sales on the hill again and we'll watch for developments at last night's terror attack in new york city. bonds are in focus we'll get ism in about a

at 19 or lower >> there's no real way to predict with the benefit of that scenario >> look at the honeywell>> ge's track record at m&a is pretty poor. they tend to buy high, and they sell low nbc debatably was sold at a lower. so was plastics and rail >> all the oil and gas right at the top. everything >> baker hughes is a real challenged company the timing of the cycle is fine. i don't have a problem with the timing of the cycle. i don't know why you're doubling down on those assets >> seemed like a lot of stuff going in and out, over and around, and all you're left with is a company that needs to be restructured more than ever right now. >> and don't forget ge capital the world's largest nonbank -- >> which now is probably a good thing to be in now with the financials coming back >> debatably going back to my point. debatably you have out of those businesses at the wrong time just as interest rates start to uplift, and the bank stocks got a bit. the age of the conglomerate is over shareholders can diversify more effectively. this is still going to be $125 billion company. >> what's is loo

component over 20 years, if he had a fleet of 10 jet 00 following him, and the stock had gone up like honeywellutx, nobody would care. he would put 30 jets behind him, nobody would care. we just talked about nbc, where that was sold. i wouldn't want to focus on this because it takes away any discussion -- it might be a symptom of what happened with ge >>> coming up, your list of today's biggest movers including a surge for gap. that stock to watch is next. >>> and our newsmaker of the morning is treasury secretary steve mnuchin, he will join us at 7:30 a.m. eastern not rebalancing your portfolio. focused on what you love, not how your money will last through retirement. we make it easier to plan for retirement with day one target date funds from prudential. look forward to your 401k plan. at t-mobile, when you holiday together, great things come in twos. right now when you buy any of this season's hot new samsung galaxy phones, you get a second one free to gift. that's one samsung for you. one to give. t-mobile. holiday twogether. for years, at&t has been promising fast internet to small busine