. >> one megacap we got was intel. they guided down. you know what the stock has done?t has done nothing. in that space there has been disappointments out of my kron, san disc and clap. i think when you are looking at microsoft also on mon, this is probably not one you want to short short. people like that dividend. >> it seems like the new ceo is doing and saying a lot of things investors want to hear. >>> the oil slide won't hit. it fell closing at the lowest liver until 2009. the saudi prince made news when he said that that $100 crude is in the rearview mirror. >> the point between supply and demand, the price may fluctuates. however, in the immediate long-term, it is inevitable the price may go up a little bit more. i think we will never see the price of oil again at $100. >> that could be wad nor one component of dow that's said to report next week. >> we are going to take a look at caterpillar. it is not a good look. let's go to the charts and see what is coming bichlt my wor. by my look, what's coming is not going to be good. >> it is not commensurate with the d

these are widely held megacap games. what does it mean for the market and who is next to fall? these are pretty major moves. >> let's forget caterpillar but when you look at the two we had, microsoft and procter & gamble these are two stocks widely perceived to be defensive, cheap, they have really good yields. all of the above here. when you look at that sort of decline it has to raise antennas. now the flip side you can come back and say apple was up 6 or 7% but google is also down 20% over the last year. i think apple is an outlier. you want to start thinking about the crowded trades while you own them and you're paying for the growth you're expecting and yield you're expecting. >> certainly there's the fact that a lot of people thought they were a safe place to hang out. one observation i would make is as yields continue to drop it's hard to figure out why the valuation would be so unreasonable. you cannot have yields continue to go down and say these things are overvalued. there should be a relation shep between the two. >> there's also the issue that in principle if and a

stocks beginning with one of the big megacaps in tech oracle. why do you like it? >> we like oracle. if you think about the headlines last year the data breaches we saw for large companies and the twitter feeds and social networks that was about data security. oracle is the leading company in data based management. they were a little slow to get to the cloud. we think they're catching up. we think they're making the right moves but data-based security is going to be critical going forward and oracle is the leader in that industry. >> you also like express scripts because of their efficiency. >> we like their efficiencies and one of the things we're looking at as your viewers know there's a very important supreme court decision that will come out later on this year that will determine whether or not the state exchanges can continue functioning. we're looking for companies that will do well whether the supreme court rules in either direction. express scripts brings cost control to the industry. we like it no matter however the supreme court rules. >> your third choic

rather than the megacaps. ryan, thank you for that. bloomberg television "the pulse" is up next. you can follow me on twitter you will find me there much of the day and sometimes into the evening. ♪ >> growth slashed. the i.m.f. downgrades its outlook by the most in three years. china's challenge. the weakest growth in 24 years. what next for the country's policy makers? denmark's euro commitment. the country's central bank insists it won't follow switzerland in severing its ties to the single currency.

takes this company from what was a generic drug manufacturer to one of the leading megacap pharma companiesy major pharma. it's trading versus 16 estimate for large pharma companies. >> all right. excellent. marty, i want to thank you so much for coming in. hope to see you again soon. >> look forward to it. >> appreciate the picks. and don't forget you can go online to cnbc pro on cnbc.com to track the pros' picks. also still to come tomorrow louis navellier and susan byrne will share their picks. >>> coming up a subway fire in washington, d.c. that left one dead and dozens injured. and the futures at this hour dow looks like it would open up about 80 points. come down from earlier. back in just a moment. >>> welcome back everybody. the national transportation safety board will investigate the subway fire in washington, d.c. that killed one passenger and injured as many as 80 other people. amateur video shot in the subway shows how dark and smokey it was when trains stopped and the lights went out. i think we are taking a different feed right now. at least that's what we're seeing back here