jeff immelt, chairman and ceo of ge. great to see you, sir, thank you >> good to see you again, thank you. >>> look, good yield, strong balance sheet, great long-term view. terrific ceo. ge. my kind of stock. "mad money" is back after this. i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine, i talked to my doctor and found a missing piece in my asthma treatment. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. breo is not for people whose asthma is well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled, your do

we're going to hear from jeff immelt, the ceo of ge. maybe you'll hear about how his company isn't hostage to the fed but today his stock was put on sale anyway, although not that much because there's strength there. that's when you start buying. in case janet yellen jars more people when she speaks tomorrow we get a strong employment number on friday which will freak some people out because it would mean a december rate hike is inevitable. certainly you buy in stages on the way down. never all at once. you know that's what i teach. so here's the bottom line. you can be paralyzed by the stock market equivalent of the weather, federal reserve causing the store wide sale or think stocks of higher quality companies at a better price you would be able to able to get. tell me what you do as a consumer, a shopper, and i'll tell you what you do as a stock buyer which is the same thing. on "mad money" tonight, my exclusive with jeff immelt, ceo of ge. then i'm looking at two stocks the maker of kevin kline, tommy it seems that every year, we ha

jeff immelt, chairman and ceo of ge. great to see you, sir, thank you so much. >> good to see you again, thank you. >>> look, good yield, strong balance sheet, great long-term view. terrific ceo. ge. my kind of stock. "mad money" is back after this. ♪ today, we're seeing new technologies make healthcare more personal with patient-centric, digital innovations; from self-monitoring devices that can interpret personal data and enable targeted care, to cloud platforms that invite providers to collaborate with the patients they serve. that's why over 90% of the top 25 global pharmaceutical companies are turning to cognizant. our domain experts, technologists, digital and data specialists, clinicians and scientists are transforming the way clinical research sites collaborate with pharmaceutical companies, and enhancing patient engagement with innovative platforms and solutions. our population's growing healthcare needs present growing opportunities for our clients: to advance the future of medicine with digital, and improve th

we've been talking about your interview with jeff immelt tonight. o find out for yourself and for viewers, do you think, jim? >> i think this is the new ge. i want to find out whether jeff understands the shareholder base change. in other words, that this is an industrial company. and what he can do to change the perception. i mention this, there's a great ad campaign on now about a guy coming in not going to facebook or google, he's talking about going to ge. this is the kind of thing that makes people realize, this digital reinvention of ge is capturing youth, capturing america. people don't want to necessarily go to an internet company. i'm trying to figure out whether the shareholders or the people -- just perspective shareholders get the change, the transformation. i want jeff to spell it out. i know he can do it better than anyone. >> stocks are not always right, how they trade. but you would think ge would have some dollar problems, because it's multinational. we know that they've gone big in oil and gas. yet the stock is at a new high when a

i wanted to ask jeff immelt. you know, i this i this is the next ten years, companies that can do more to try to stop climate change and global warming are going to be winners. >> it's interesting. some people made the point as the president was saying you've got to get the market to start pricing in climate risk. what is energy today or coal overall saying? exactly that. >> coal is still very big in our country. i know there's a move west virginia has been hurt. >> you said more than once coal is completely dead. >> it's did. y you're not going to build a tracktry, but it's cistill goin. jimmy carter said we were the saudi arabia of coal for the past 47 years. 1977 -- 40 years. it's all come due. if it comes due under president clinton if we get that, there's going to be no extension. look. we have cut back dramatically. but remember natural gas in this country is literally the same as it was in 1998. same price as in 1998. that's incredible. >> i think you could argue that some electronics -- >> maybe a tv. >>

read on retail in an exclusive and tomorrow do not miss jim's exclusive with general electric ceo jeff immelttwo big shows coming up on "mad money." up next the traders will tell you what they're watching for tomorrow. final trade, right after this. other wireless carriers make families share data. some way to say happy holidays. switch to t-mobile now and get up to 4 lines with up to 6gb each. just $30 bucks a line, that's 6gb each plus unlimited video streaming with binge on™. stream netlfix, hbo now , hulu and more without using your data. and now unwrap the samsung galaxy s6 for $0 upfront and just $10 bucks a month. this year tear into the holidays with t-mobile. >>> time for the final trade. let's go around the horn. >> back to autos after a terrible third quarter. looks interesting. stock and share price consolidating here. >> david. >> yum. we actually upgraded the stock today. andrew charles upgraded the stock. he has a phenomenal feel for this name. 37% buy rating. this has turned into a highly franchise model. he paves the way for a 10% earnings growth story over the next four year

jeff immelt has a boring job at ge, which is industrial stuff, is mostly what he is exporting.ing markets? bob: it could well be it when you think about it from my point of view as an m&a guy, think about what they did this year. it is really transformational. it is not the ge that our parents knew. it is something difficult -- it is something different and moving in that direction. everybody says everybody is struggling for revenue growth. a big slice of that its currency. how do you factor that out? vonnie: what is your outlook when it comes to jobs for the next year? you see it across all industries, from banqueting -- from banking to private equities . do you see more jobs going? bob: in the u.s.? vonnie: yes. bob: i would not see the jobs list -- the jobless rate next year close to 4%. what is really the job market? peoplemparative basis, are hiring. people have needs. certainly in the services business, in the tech industry and the rest of it, it is not auctions of players in baseball, but some sectors, putting energy aside again for a minute -- this was all true two year

>> we have jeff immelt. general electric.t the digital economy and industrial, how he's the fastest growing industrial company on earth for organic. and manny chirico. pvh has been under pressure because people say the weather is no good. these two guys will tell us a lot about the economy. you can listen to yellen, lockhart or cihirico and immelt. >> ge in the top seven of dow components for the year. >> fastest organic growth. >> jim, we'll see you tonight. >> love the show, guys. the full bredth -- i don't know. >> i'm not sure either. >> coming up, what a new ceo has to say about mark zuckerberg pledging to give away their vast amount of wealth. >>> nasdaq hitting a four-month high going back to august 5th. we're back in a moment. >>> good. welcome back to "squawk on the street," i'm carl quintanilla with sara eisen, simon hobbs and david faber. a lot to watch today. yellen at about 12:30 eastern time. flash cpi in europe. watching airline traffic numbers. yahoo! in the news. oil helping some of those airlines back to 41

i would tell jeff immelt, they always used to do much better. left in the dust like g.e. >> a long time since you looked at year to date performance and saw g.e. better than honeywell or boeing. 18%. >> better than all of them. >> their engines, they are winning share everywhere in aircraft engines. a fantastic business. jeff mentioned, if you looked at that business for five years after 9/11, people said, you have to get out of that. rolls royce reported bad numbers. they blamed it on aerospace. they should have blamed it on g.e. taking share. i like the energy business they are in, the smart energy business. >> even with all this opec drama and oil trying to whoever above 40. >> you look at the cheap price of natural gas. who wins thoon? ge wins on that. should they double down on fossil fuels? that's not their inclination. they have the other side of the trade. they are the company you bring in if you want to lower your footprint. the allocation with europe turning, looking pretty darn good. wow, all right. best performing industrial. >> the

began winding down ge capital, had the acquisition of alston, and looking ahead, ceo jeff immelt saidn growing ge digital, the software the backbone of the industrial internet, likely to post sales of $5 billions this year, up from 4 billion in 2014. the source saying ge is also benefiting from the digital internet with $500 million in savings expected in 2016. some other topics investors will be looking for, the outlook for profits, margins and cash flow, the outlook for ge energy in the face of continued low oil prices, and more details on its plan to apply to be removed from fed oversight or applying for de-designation. the meeting starts at 3:30. we'll have the headlines when they cross. back to you, simon. >> the meantime, celebration given where the stock is and the rally they engineered at the end of the year. >>> oil is down today. clearly energy stocks have been one of the big laggards this year. how do you play hoyle stocks ahead of the fed? doug terreson is an analyst from evercore. good morning. >> good morning, everybody. >> i need to ask you something important about wha

biggest manufacturers have to say about this manufacturing slowdown that, guy, ge chairman and ceo jeff immeltill join jim cramer tomorrow night on "mad money." a big interview just got bigger because a lot of questions about some of the biggest makers, by the way, of power plants, airplane engines, railroads, all the stuff that we look as a leading indicator, ge makes. that interview is a big deal. >> they're also exposed to oil and gas. that will be interesting. it looks like it was another red hot month in the car lot. automakers reporting bullish sales numbers. toyota, chrysler, gm and ford saw increases in the past month. checking on those stocks, it's a mixed picture. toyota and ford are positive. general motors is trading to the down side. advance auto parts, autozone, o'reilly, all three are in the red today. >> if you want to bet, you know, invest your hard earned money on the car berm, the automakers or suppliers? we have both sides four of that berm. emanuel roster at clsa, he likes the suppliers. rich hilgred likes the automakers. let's start with you. suppliers say big world. can

plus a big interview on cnbc, jim cramer is speaking with general electric ceo jeff immelt tonight on "mad money." and the stock has been a great pmper recently. up more than 20% over the last three months although just slightly to the downside today. stick around, we'll be right back. got a job! i'll be programming at ge. oh i got a job too, at zazzies. (friends gasp) the app where you put fruit hats on animals? i love that! guys, i'll be writing code that helps machines communicate. (interrupting) i just zazzied you. (phone vibrates) look at it! (friends giggle) i can do dogs, hamsters, guinea pigs... you name it. i'm going to transform the way the world works. (proudly) i programmed that hat. and i can do casaba melons. i'll be helping turbines power cities. i put a turbine on a cat. (friends ooh and ahh) i can make hospitals run more efficiently... this isn't a competition! >>> welcome back to "power lunch." i'm julia boorstin with the latest development in the lawsuit against sumner redstone. mario go belly, viacom's second largest shareholder after redstone is asking for more in