. >> micron was your big idea. why? >> well, i think it's a business and an industry that's really changing. this is historically been about the worst industry you can think of within technology. i mean, d-ram, you had literally dozens of competitors, some of them were state-sponsored, they didn't care about profits. and what's happened over the years is it's become such an awful industry that most people have left it. so that it's now consolidated and we're down to three players. micron, samsung, hynex, the three big players. a couple of years ago we made an investment in seagate. it wasn't as bad as dram, but pretty terrible, and consolidated down to seagates and to western digital, and toshiba, and once it got to three competitors, things got very rational and the economics improved and the capital spending got better and the margins got a lot better. we think micron and dram are on the way to the same type of performance next year. >> when i first heard that micron was your pick, the stock's up 200% year to date. an

micron blows through the level and off to the races. >> all right.es it for us, i'm melissa lee thanks for watching, see you monday. meantime options action begins right after this break. honestly, i'm not looking for five-star treatment. i get times are tight. but it's hard to get any work done like this. then came this baby -- small but with windows and office. it runs my work stuff. ...and i can use apps like flipboard for news, or xbox video to watch the shows i'm never home to see... and i can still get work done at the same time. excuse me, do you mind if i... yep. ♪ honestly, i wanna see you be brave ♪ >>> this is options action, tonight afraid to buy stocks now? >> i don't want to come in here and look stupid. too late. >> no, it's not, will. we're looking at late stage rally plays that could have your portfolio back in the game. we'll tell you what they are. plus -- >> free your mind. >> with the government off gm's back could shares follow into higher tier, we'll have a special report. talk about a hot hand. >> all

. >> fast money viewers may recall micron bull. he has been hot on micron for some time. >> i was the first one to tell you that and i heard scoffing and mocking laughter and it has climbed over eight. god knows where it's going to go from here. >> i have been try for a long time. but nobody listens to regis. >> i'm so happy that it bounced back over 18 and it still looks strong. i tried to tell guy and tim that it's going to go over 20. i don't know how high it's going to go. >> he called us with his own comment on the newest investment idea saying dear melissa, all i've tried to do is help timmy and your italian stallion have a better life. he is smart, all right. it's about time he caught up with micron tech. it's now on a regis tear. if it gets over 20 bucks it's on its way. miss be on with you guys but you are the best running the show. >> he is always trying to make my life a little better. >> if you would listen they would have been a lot better. >> no kidding, really? >> what is going on that is making this a story that act

micron technology. this makes semi conductor devices. netflix up to 259% for the year.nternet stocks have fared pretty well in general this year. yelp is up 224%. linkedin up 95% and facebook which got off to a bad start when it's start price dipped below, it inked out a 76% gain this year. despite big stock price gains it's been a mixed picture when it comes to balance sheets. facebook is seeing earnings go up as it takes advantage of mobile ads. yelp has never turned a profit, and with the nasdaq only 1,000 points shy of an all time high, the question for many should be could tech be headed to another bust. now eric, thank you for being with us. >> hey, ali. >> the main question on people's minds, are we up in frothy territory. is this dangerous to be in tech stocks right now? >> i don't think so. i think we have years left of legs in this particular rally. i think taking a step back. you said it off the top, 2008 was a huge financial shock. and it's not just going to be the run of the mill type of rebound after that. it's going to take years and years, we're slowly h

liz: i want to give our viewers are last pick, micron technology ticker symbol in you.out, but lately to the top of more than 254%. ap e that is extraordinarily low. eight. do you still feel there is more upside? >> and this is a small cap. we on this and normal to get, dodges fund. but we like industries where you have gone through a time of consolidation. the memory business has definitely gone through industry consolidation. there are fewer producers out there. exhibiting good pricing power, and when you see companies like micron that are exhibiting the type of pricing power, tight capacity, you typically get better margins and better earnings and some multiple expansions as well. we think micron is very well-positioned to see earnings in excess of $3 per share looking out over to three years. liz: 45% year-over-year. it is great to see you. >> thank you for having me. liz: tell the game back in texas we say i. eric marshall, president and portfolio manager. thank you. closing bell ringing in less than five minutes. ebay just fell two assists to lead to low. what is

in september joe made a bearish bet on micron. >> i can't see it here at 1550.i think the micron trade is over. >> it's been one of this year's best performing stocks, up 15% or so since then, 13%. >> yep. >> what do you do now? >> listen, i don't want any part of it. clearly i'm wrong and a lot has been on darm pricing moving higher. that's going to come back on-line that production in q1 and pressure price and increase invento inventory. >> i love it. i loved it then. you join iun back and forth on that one. >> i didn't go back and forth. >> you said sold to you. i love that stock and think the stock goes higher. >> that's not going back and forth. >> this is going back and forth. >> all right. we're going to move on. we deliver with trades on four stocks that have lit up our twitter feed, hess, chipotle, marriott and sands. simon, hess. >> this has been a winner all year up 50% year to date. any space we like in industrials, global exploration and the company still got $3.5 billion worth of buyback coming so it's got a natural floor. own it here. >> pete, chi

micron's chips used in smartphones and video games will boost its net next year's earnings.g of video games, stay tuned. we are going to display and demo the brand new xbox 1. got the guy behind it coming up in just a minute. now, many of you are invested in or tempted to invest in social media stocks. the likes of facebook, linkedin and, of course, twitter. even if you're not invested, no doubt you use some of it. but my next guest -- with zuckerberg as a last name, no less -- says social media may be affecting us in a negative way. she's making a stunning recommendation to fix that. joining me now this in a fox business exclusive is randi zuckerberg, former facebook executive and, of course, the sister of mark zuckerberg. great to see you. you've just released two new books about the impact technology has on our lives. one of them is called dot.complicated. but in a very interesting twist, you basically also released at the same time a children's book called dot about a little girl who's obsessed with technological items like iphones and all kinds of things, tablets. but l

>> we're collecting any particle that is bigger than about 5 microns. we are measuring the ions that are in those particles,. >> dibb doesn't like what he's finding. >> the results that you guys get does it make you concerned about the future of our climate? >> i'm not hugely optimistic. >> more from dibb's findings later and some of his answers may change your thinking. the seachrs mission flies three times a week and so does many of the experimentalists. the flight is not for everyone. the flight continues. >> gets bumpy. >> i even hit my head when i was trying to get back to my seat. >> there are things that are occurring in the air that you just can't see. we dropped like a rock and then you experience zero gs. >> you know what? people is iting down. >> two hours into the mission we're currently flying at just 300 feet over the gulf of mexico. at this height we can fly directly over ships and oil rigs to measure the emissions they put on the atmosphere. >> probably the most important part of this mission is dio laser. sayd is mail. this measures gas

>> micron. >> yes. >> micron. >> nice. >> this stock up massively you can see here, up 200 %. >> i thinkwers need and listeners need to understand, that was excellent. >> prompt teres, no scripts. >> no. >> no nothing. >> that was not -- the old drury, the other day she did cheat. >> oh, come on. >> you did, you're like it's alkaed my. >> you nailed it. you crushed it today. cliffs natural resources -- >> also crushing it -- >> on my stocks draft team. >> way to go. >> what do you have to say? >> herb, what do you reckon about this? >> we're ins this period where you can tell how -- the hubris in this bull market is what strikes me. as i tweeted out last night, i want to share this with you, this was very good if i don't say so myself. the sign of what -- >> i am excellent if i don't say so myself. >> a sign of where we are in this market, some guy tweets safe to jump into tesla, herb is on the case, that means only one thing, straight up. i have to tell you, years ago when i used to see that and hear that kind of thing it used to concern me. >> that's because it was on a letter with cut

. >> micron. >> i would sell a little.mors and some have been confirmed actually that there's more capacity coming on into the market. micron is a second tier player to sandisk. i think they're top heavy and it's a commodity business. >> how about doc, barracuda? >> opened up big and strong, judge, just a phenomenal performer this week. several of our clients that called that did get allocations. i did not. >> busiest week for ipos in an awfully long time. >> pull this up. cuda, vicious pop to the upside and rather somewhat selling off, i would wait until it goes sub20 to get back into this one. i don't think you have to chase. >> f 5, pete? >> i love this space, the sector and i think this is one of those names at these levels web you look at the valuations of something in this optimizing the whole networking world one of the names was over 100, here back at 80, i think it can go higher. >> been some people who have looked at what the auto stocks have done and raised questions about bubbles in that space too. what do you

we'll see you in a bit, guys. >> and now, micron, scott. to microsoft's xbox one launch. earlier, the vp of microsoft joined us and had this to say about the upcoming launch. >> this is going to be the biggest release of an xbox by a factor. we've ordered more than 2x. there will be millions and millions of these hopefully in use by the end of the year. >> with competition from sony's playstation 4, who will come out on top in the battle for the best console? tina amini is with a gaming site, and jon fortt joins us, as well. tina, good morning. >> good morning. >> reading over the review, a surprising number of weak spots, which is a theme we're hearing again and again. does that offset all of the good things being said about it, too? >> absolutely not. this is the way things go with hardware launches, and it's been a rough spot with some of the feature, but we'll probably see our way there in the couple of months. >> where exactly are the bugs, so to speak? >> well, which console are we talking about? >> the xbox one. >> for the xbox one,

lays layers of 20-microns thickness of both materials. and they just builds the entire model one layer at a time. >> the 3d model and printing -- modeling and printing industry is growing fast. auto desk announced a new research and development space at peer 9. >>> the number of veterans committing suicide is down. officials said the rate dropped significantly this year among veterans. last year it was an epidemic but this year it dropped by 22%. this year there have been 245 suicides among army, navy, air force and marine veterans. last year at this time there was 316. officials say it is unclear why suicides have dropped so much. >>> on this veterans day a soldier was awarded his purple heart 40 years after he was killed. ktvu's rob roth attended the ceremony and spoke to the soldier's sister. >> reporter: it took four decades for this brief moment to occur. >> president of the united states awarded the purple heart. >> reporter: this afternoon inside the va center the sister was presented with this purple heart 43 years after he was ki

. >> it was micron, really. there was a lot of call volume as i just talked about. are guys that are obviously speculating that the stock could be above 1920 for the week. that suggests that we might be taking a look at profit taking and looking deeper into the options activity. >> all right. >> that is a sizzling jacket right there. >> still to come. it took one big name to catch on to what our own guy has been saying for well over sect months. and your best bet heading into year's end after this break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like gue

and data 9 koren was reportedly saying he had a long position at micron technology, this is reported from the new york city robin hood investment conference and was reported on twitter he said exactly is that and they continue to challenge the conventional computer with a. in the meantime the stock moves to a new high and jumping 5.5%. you today is up 213%. adam: charles dean has gone up against several masters of the levers including david einhorn who is now pumping a couple names charles has featured on making money so charles is here to explain why you should be leery of being pushed around by the smart guys in the room. charles: they can be wrong for very long time and the average investor cannot in doing that kind of agony, pain or loss so david einhorn a couple things, let's talk, he is talking about this book today which is fine. green mountain is a huge. this is a stock he does not likely has been shooting. in a my have been talking about over two years on the network really talking about big time for my own clients who got them in early, to oregon in three times and got posi

david: micron shares rallied after it was reported that green light capital's david einhorn was long the stock. einhorn made the comments in the robin hood investment conference in new york and reported via twitter. liz: the u.s. treasury is planning to sell its remaining 2.2% stake in general motors by the end of the year. the new timeline is faster than expected exit for the treasury and in large part die to gm's stock price which is up 30% so far this year. cashing in right here. "after the bell" starts right now. david: let's go right to it. we have gap earnings. adam shapiro what are the numbers? >> first on revenue it's a beat. street expecting 3.97 billion. street expecting 71 cents. investors like to hear this they are going to start a one billion dollar stock buyback. same-store sales are up 1%. headline will be this stock repurchase of $1 billion. back to you. david: it is very interesting that the stock, if anything is moving slower after this call. again a beat, usually indicates good news for the stock after-hours. again as we saw with green mountain things might change

that, of course, you know by now is micron, m.u. is the ticker. that stock was on the move from the get-go. it's already been on the move. it's up 200% year to date. nonetheless, david einhorn still thinks there's much more room to go there. he also talked about his notable short positions. number one, st. joe's. that stock was down on some of his comments here. reiterated the fact that he is still short green mountain. and, of course, we asked him about apple. he said he is still long, still likes the company, and here's why. >> i look at apple, i look at it as a company that really has dominant positions in growing markets. i think apple's a little bit different because of the software component makes it a recurring sale. you're not just buying -- if you buy the last iphone, you're very likely to buy the next iphone. they have over 90% renewal rate on that base, which is something those other companies, you know, never had before. and additionally, apple has an opportunity over time to take this network effect and to increase the services that t

. >> taking a look of some of the winners on nasdaq like micron and celegene.ouncer ] wh if a small company became big business overnight? ♪ like, really big.. then expanded? ♪ or their new product tanked? ♪ or n? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tl on thinkorswim from td ameritrade. dennis: is the best fix for obamacare state-run @%dicaid? >> close state subsidies the federal oversight with insurance law would go along way and people say it's dead goal was to get out of the emergency room but no doctor takes medicaid that is where they will go. >> yes. medicaid as it is today has failed they need to look at alternatives that are working. credit causeway more than people going to emergency rooms. cheryl: a bird of a new feather twitter at the new york stock kishi's to day the stock is basically pulling back from the highs we saw earlier we will talk about that. dennis: i save $48 a share. cheryl: fisa 47. dennis: one prediction for the monthly jobs report has been s

dyes from three micron and di love watching tvron and outside.ve the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the important part is that you're happy now. and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. like the enticing aroma and distinctive taste of nespresso. elegant capsules meet masterfully crafted machines, and one touch creates the perfect coffee, cappuccino, and latte. ♪ tempt all your senses with one extraordinary coffee. [ penélope cruz ] nespresso. what else? [ male announcer ] discover the world of nespresso on grant avenue and nespresso-us.com. it turns out the robbery suspect shot by san francisco police last week and was awaiting trial on other robbery charges. 19 year-old rommel narvaes ar

. >> i saw einhorn liked micron. >>> dennis lockhart joins us up next. >>> and later, 'tis the seasontion, we're going to talk about the beer business in a moment. on the need to fix our broken immigration system, there are signs both political parties in washington get it: washington is lagging behind the country on this... ...this issue has been around far too long... and yet, we wait. reforming our immigration system would dramatically reduce our nation's debt... grow the economy by 5.4% ... and take bold steps to secure our borders. on this, both parties say they agree: democrats... we are very very strongly in favor of moving immigration reform... and republicans... i wouldn't underestimate the house's ability to pass the immigration bill... and yet, we wait... americans are tired of empty rhetoric. it is time for every leader to come through on their promise... and fix our broken immigration system tell congress: the time is now. fix america's broken immigration system. >>> welcome back to "squawk box," everyone. in our headlines this morning, one of apple's biggest suppliers co

is rular kosher salt and i'm making eco-friendly cheap glitter becae most glitter is fullf these micronske. >>he mixed the likehat. how unusual. >> look at that. mine's already's finish. u're still painting. >> you can takehis -- >> i like do it. >> but you s it- there's some here. >> look how perfect i is. like it perfec >> me is sy. >> you can do lots of colors, update the cheap candles. you ruined it for me. >> i have on for you here,wo for you here. >> what are weaking? >> is a fun kid's product. you're taking leaves and embossg them under foil. it's a great kid's projt. get really lar specimens. get them really veiny. >> iny. do youang this on the wall? >> i want to know, where do you find the specimens? >> in the woods -- you kn, i'm st getting it. >> okay. >> so you glue them onto a board and then you -- >> y glue the specimen onto the board. >> take aluminum foil andou're going to take your fingers and rub it, not too ha. you're going to rub it becse you want the veiny things -- >> of your ecimen. >> can we move on? >> no. we i'm going to spend a lot of tim with my specimen. >> o