would be the name anybody there believe that kraft heinz could, would. >> as these guys talkedut that was about financial engineering. squeezing as much as you could out of assets that frankly the food companies traded at a premium. the problem again splitting up at a time when food companies saw a peak multiple 18 months ago. i don't know how you get the value back. >> okay. pete your pick. >> i give you something just totally off the wall that makes a lot of sense however which is delta with the credit card company. go back and look at target when they spun off theirs 2012, got $6 billion from td for that entity when you look at american express right now, the global billing is 8% of those comes from the delta american express card so that is something not being priced in at all i don't think right now. and by the way, when you spin it off, you hold on to 51% put out 49% still have a piece of that and that's a business they say is a six, 7, 8 billion-dollar business by 2023 and still a piece of it. >> i think you have learned that lesson from your hometown favorite target. wh

and warren buffett-backed kraft heinz. joining us is knancy tingler. great to see you today, nancy. so when they had struggled so mightily, is there a chance now that it's a good time to get in any of these stocks? >> that's always the trick they could be value traps, as i think we've kind of concluded with retail. but there are some opportunities when the bad news is already reflected in the price of the stock. and happy new year, contessa >> happy new year to you, nancy. let's talk about which stocks you like here. are you -- what about the retailers. i mentioned macy's, gap, and "l" brands do any of those appeal to you for 2020 >> no, it's just too risky a lot of us buy what we like i shop at nordstrom, i bought nordstrom, i wrote it up to 65, wrote it back down to 45, and finally got out. there is just such a headwind against these companies. of the stocks that made the list, one of the stocks we think is interesting and should be given a good look at is occidental petroleum we had sold out of that stock. it got pummeled after the anadarko bid they've accumulated a lot of debt,

lower today but on pace for its best year since 2014 since the open, consumer facing stocks, pepsi, kraft heinzr today, strong showing for them as we talked about yesterday, consumer facing stocks pushing the nasdaq from 8,000 to 9,000 and, carl, back over to you. >> all right, frank, thank you very much. >>> when we come back, the 2020 playbook on the delivery wars as we go to break, look at the movement in treasuries we continue to look to see how the bond market is viewing this ongoing rally in equities. we're back in a moment (vo) in every trip, there's room for more than just the business you came for. whether that's getting a taste of where you are, or bringing some of that flavor back home. that's room for possibility. ♪ let's get to living to take care of yourself. but nature's bounty has innovative ways to help you maintain balance and help keep you active and well-rested. because hey, tomorrow's coming up fast. nature's bounty. because you're better off healthy. >>> how will the amazon effect come into play in the new year frank holland has the 2020 playbook on the delivery wars. >> r

nasdaq rally in 2019 a look at the year's worst performers in the nasdaq 1 hunz with mylan and kraft heinz that list of losers. "squawk on the street" will be right back . >>> coming up, chipotle's ceo brian niccol, his stock up more than 90% "squawk on the street" will be right back don't go anywhere. ♪ >>> good tuesday morning welcome back to "squawk on the street." i'm scott wapner with morgan brennan and deirdre bowson live from post nine on this new year's eve a look at the markets as well today. we've turned things around a bit. what started in the red is green, albeit slightly on this final trading day. major averages up fractionally at this moment. >> the last trading day of the decade we'll break down the biggest winners and losers over the last ten years and how to play your portfolio in the year ahead. >> ousted nissen chairman carlos ghosn fleeing to lebanon saying he was escaping a, quote, rigged japanese justice system. >>> and it's one of the best stocks on the s&p for the year, the ceo of chipotle will join us for a cnbc exclusive >> first a live shot of south korea in seou