>>> profits and the economy, an exclusive with the head of whirlpool.he growth cycle after a terrific 2012? keep it right here. hi. i'm henry winkler. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, and more. plus, when you call now, you'll get this magnifier with l.e.d. light absolutely free. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> that's how you kick off the 10 a.m. we will kick it off with facebook. the street is pilinging on the down grades, the stock's down. we have a silicon va

back in december, guy weighed in on whirlpool.>> whirlpool was a -- at a 5046 handle in july, now that strong is trading either side of 100 bucks now. it's been a monster move. one has to wonder if it is in the name. >> shares of whirlpool are up about 11% since then. >> you know, pety liked that one. >> you are trying to reel him in? >> no, he's good. if he was bad, i wouldn't say word one. that's the way i roll. >> that's true. >> i was wrong. so, they report -- thursday they report, we're going to find out a lot more. i thought it topped out at 101, i was wrong. but i didn't like it -- >> street fight with that -- >> we never broadcast the street fight. >> yeah. >> good job. >> what is the essence of this, the good, the bad -- >> and the ugly. >> so, what's the ugly? slide it, earl. what's the ugly? >> now, this is yesterday's -- mantyhose. >> mantyhose. >> or guy- -- >> am i either about to do a pole dance -- >> pole dance. >> or am i showering there? >> for a second, i thought you won the moasters. i was going to congratulate

david: stock wise we're talking about whirlpool and companies like that? >> i like whirlpool a lot. i also like an accessory store, i think these are the leaders in that sector. speak we feel some leadership could come in the leadership world, let's try to drill down little bit would it be in a commercial area, residential, single-family dwellings? >speak of the areas we like our realistic, most recession if we have properties so w we like student housing, self storage and some senior living centers. all demographics are very, very strong. david: what about the jobs number? are you going to be influenced at all in your decision about investing with regard to equities based on what happens? if we have a terrible number tomorrow, will that affect you at all? >> we are long-term investors and whainwhat happens with the s report will not impact our outcome. we think the jobs report coming out tomorrow we are not expecting any huge surprises on the upside or the downside. liz: what is the number one mistake investors have the potential to make in 2013 but that you want to warn them again

. >>> and are whirlpool shares on the verge of overheating? we tackle that question in a good old fashioned street fight. back right after this. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. >>> it has been a rotten run for the world's most valuable company. formerly most valuable company. apple having its worst month in january since 2008 and it's come off 38% from its highs in september. so, would you be a buyer here on a bet that perhaps the stock has, in fact, bottomed? we ran a little good bad and ugly thing, we had everybody on the desk saying, yeah, you can buy it, looks like it's bottomed and that was not right. >> that was after we got -

whirlpool, hershey, viacom, mastercard all out with numbers last 24 hours. whirlpool up 4.7%. when you think of whirlpool you think of appliances did well in the fourth quarter. quarter earnings helped them. hershey sales in china are doing well. gave a good outlook for 2013. stock is up nearly 2%. checked 20 year chart, looks like all-time highs for hershey. viacom up 1 1/2% and mastercard up half a percent as people use credit cards more so than cash. you see nice 52-week highs is with key names. back to you, medical list is a and lori. lori: putting america to work. energy industry creating. needed jobs and ones that pay too, how about that? melissa: there you go. facebook made money last quarter but the concern over profit margins as the downgrades roll in. ♪ . ♪ . [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someon who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire a

whirlpool, honeywell, some names still hit highs today staying with the trend as well. day, another dollar. maybe not, check out family dollar, they're getting hammered after added to cigarettes and soft drinks actually hurt the margins in the last quarter thinking it would bring people in but in essence they were offering expensive products that hurt the margins so is the fall a buying opportunity for you? who will bring in somebody who knows all about the dollar nam names, he is a managing director and senior analyst. let's tackle family dollar first. they are struggling today, they have numbers out that indicated an attempt to broaden and figure out other ways to bring people in the stores hurt their margin. what was their biggest mistake? >> i don't think i would characterize it as a mistake that brought more consumable items in the store, more food, health and beauty items, tobacco products, under the assumption it would drive a lot more store traffic and that has been successful for dollar general which is essentially the market leader. they are not getting enough

caterpillar, ge, ford, whirlfool are just -- whirlpool are just a few that come to mind.seven years, america is the biggest oil producer. we have the cheapest natural gas. wages another factor, stagnant here, but in china, for example, rising 15% to 20% a year. next time you buy made in america, you're not just supporting jobs here at home, but helping your retirement portfolio too. well, later in the show, it's not the sunshine state drawing new york executives to florida, but the fact there are no taxes. one former new yorker tells you his story. can an ad publicly shame you out of bad habits? i'll break it down, next. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if yo

look at whirlpool, val spahr, sherwin-williams, even a home depot, all of these names under pressure.ain related to that report. hitting new highs before they headed downward. all of this is inventory issue across the country with regards to housing that could change on a dime and maybe change in february. we have a few movers and energy. culbertson up. nicole petallides is watching on the floor of the nyse. nicole: s., i am, two energy names both making news. let's start off with hess. did we make it enough for you? they are getting out of the refining business. focusing more on exploration and production in that move heads up 5.7% to expand in that area. i also wanted to bring you to hell a burton up 1.4% right now. getting several analyst upgrades. jpmorgan has 45. the point of the story as these analysts have all got on board and like the idea that now halliburton talking about overseas in the growth business is doing so well and that is helping them to obviously expand. with that, to names that are soaring in the energy realm and thanks to my buddies who are pulling those up for

. >> whr, whirlpool, beat the street. joey t. the trade here? >> 150 basis point expansion on this one, sales in north america were down, sell the strength. >> a day after reporting earnings, facebook's being hit with several downgrades but not from our next guest who says now is the time to buy. michael pactor from web bush securities is live in l.a. welcome back. >> thank you, scott. >> what do you see that your competitors on the street don't? >> i don't think that the company's future changed much, if at all, if anything i think we're seeing revenue accelerating faster than we were seeing before. we're seeing the shift to mobile occurring faster. mobile revenue doubled which is really big. you're seeing the company monetize its user base faster than anybody anticipated. the only thing that's holding me back is the company said they're going to spend a lot more money than we expected so while i took my revenue estimates up a lot, $500 million for 2013 i took my spending estimates up by about the same amount so my earnings didn't go up at all.

market's coming back and responsible for a tremendous amount of january's advance, whether it be whirlpool, another 52-week high for the spin cycle, or sherwin williams. watching paint dry has never been better. or stock super bowl winner polte homes. >> buy, buy, buy! >> and let's throw in tripoint. a red hot ipo that went to an immediate premium. what else is glittering in this grimy portion of the u.s. geography? how about industrial equipment. industrials gain strength as the month went on. i suspect they will continue to do so as europe stabilizes, america advances, and asia starts to roar. >> buy, buy, buy! >> just like the metaphorical baltimore. california is coming back strong too. tech, particularly the semiconductors and everything related to the cloud and the internet are roaring here. it's almost as if the incredible slide in apple is fueling dozens of tech stocks to new highs. google's become the new tech leader. but who can ignore the run in none other than facebook? which is up astounding 16% this year and will be addressed later in "mad money." the internet and the cloud,

companies like whirlpool, one of the largest appliance manufacturers in the world.t's the derivative plays that we think make the most sense. liz: okay. we're leaving these up here so people can look at them. because again i remind people over the past three years your fund has had 11% annualized rate. he came out number one out of 530 funds in his category. this is why we're listening to him. here's the one year chart. looks very healthy. what would you avoid? what scares you? >> well, what scares us right now is long maturity bonds, long maturity treasuries. we ultimately think the fed is going to win the war, and we're going to see gradually higher inflation over time. the economy is gradually improving, and so what that means is that interest rates over time and this could take a year or so, will likely head higher. and we think inflation gradually, there's going to be an upward bias. so longer maturity bonds don't make much sense to us right now. we prefer more intermediate part of the curve. we like taking less interest rate risk, and we like taking a little m

harley-davidson, look at whirlpool, which continued to work and because of some rulings is going to work well into this next quarter. i think you look at those durables right now. >> the trend is your friend, sorry, scott. >> let's go to the market flash desk for a look at what is moving. there say lot moving today. >> there is. what we're watching, scott, is research in motion. a familiar stock this show. we debated it a lot. it is touching a new 52-week high today, on back of a report from bloomberg that caught up with the cfo in davos who said they might consider a bid for rim. that's the lenovo ceo. there might actually be a bidder in the wing, whether they made a bid yet is something pushing up the stock today. >> pete has been on this one, he talks about the beta trade. whenever anybody tried lure him into the apple debate, he said beta, beta, beta, get it with rim. now with lenovo saying they would consider this as well as other opportunities, i think this puts the focus on this one. i think it is part of the reason that even though nokia pulled back on their div and the stock tra

whirlpool add big year. yes it is still way behind the market. i traded a whirl pool for my law school dorm in 1982 with these prices. i think whirl pool could be a very inexpensive stock that is a very well run company now. it wasn't well run for a long time. >> i would like to ask you as well, since we are talking about unlimited money printing. was to you that put out a fantastic note this morning about diminishing returns we get from the fed's push, right? and to what extent do we feel the fed is not going to be so much after factor in a rising market this year. and i have the stats here. after qe1 was announced, 77% after qe2. i think gaining 22% since september. what has the market done? flattish? slightly down? is the fed no matter a factor we need to talk about? >> this is easy money. easy money is good. i was talking p this morning, you have to lock in that mortgage. my thoughts for 20131 rates will go up. the economy will be better than people think. >> get your refie now. >> i wonder if this can keep that up. >> there are treasuries --

lasts year we invested in bank of america weyerhauser whirlpool, mazco.here are many more building companies that we believe will grow double-digit returns. and also in embracing the markets in gaming which tyler and i have spoken about yb and gas distribution in china. there are many opportunities out there. it requires a bottom-up approach. >> david, asset allocation this past year, you have been basically sort of 55% u.s. equities, is that roughly where you are? >> mid to high 50s. >> but you have a very high cash position, right? what is it now? >> probably 12, 13%. >> that means you are basically making almost nothing on 12 or 13% of your portfolio. what would cause you to put that money to work and where would you put it to work in equity and higher fixed income. >> well cats been around for 26 years and we had an above level of cash in the 26-year history. one of or objectives is preservation over three-year period of time. so to preserve capital we will have more cash than the average mutual fund. what would cause us to add equities, or to add fix

let's get to mary thompson with some news this time on whirlpool. >> stock moving higher, up 2.5% onrove to impose anti-dumping duties on washington machines from south korea and mexico. the u.s. international trade commission voting 6-0 in a case brought by whirlpool that said the company had been materially harmed or was threatened with material harm by those other manufacturers. so, again, you can see its stock popping on the news. >> one of the best performing stocks of the year, last year, too. let's bring in brian shactman. we've had a bring of positive days, nine out of ten, in fact. >> dow is up. a lot of that is ibm and microsoft. interesting you say that, carl, i'm really focused on the s&p. those are specific stock stories driving it. tech is driving whatever rally we have today. talk about ibm driving the dow, good for about 70 points-plus and google powers the nasdaq. microsoft up a percent plus apple. pulled back a little from earlier highs. we'll see if it's a sell on the new situation with matheir earnings numbers. united technology and 3m at heightest levels since 19

think of whirlpool for your appliances.our paint, lazy boy for furniture, and home depot for fixer uppers. the numbers, not great numbers, that is weighing on the group related to housing. for 2013, they have done pretty well seeing housing year over year improve greatly, but they are directly correlated to the numbers as they are released. with weak pending home sales number, there's a pull back there. that was a big one there, generac in the hurricane? cheryl: i remember that one, i do. look at the inventory issues out there. nicole, thank you very much. see you at the top of the hour. ♪ cheryl: the "west coast minute," and the investigation of the boeing 787 battery program is going in a new direction. they are turning their attention to the company that makes the monitoring system for the 787 battery after finding the battery, itself, made in japan was not the issue. there's new reports that the 787 problems could cost boeing up to $5 billion. we shall see, but here's your stock right now. 74.25, boeing down more than 1

whirlpool, one of the best performing stocks in the s&p 500, if housing continues, lampert will finally be able to explain why he did this to begin with, other than real estate. because remember, the real estate shut down the sales. remember, they got the better of home depot in a previous transaction. so real estate went from positive to negative. and then housing went from a positive to negative. housing comes back. gary bolter, my favorite analyst is saying, it's still overvalued. >> he still thinks it's overvalued. at the end of the day, same-store sales are still coming down. is it a financial story, or is it a -- i mean, do you look at it purely on the basis of what they can generate in terms of cash flow? he manages for that, the big knock against them is that they cut costs dramatically, underinvested in the stores themselves. they started to look rather shabby. i don't know. sears is just one big conundrum in terms of an investment based on what you're viewing it as a retailer. >> is it best buy with clothing? >> i don't know. >> best buy with clothing? is that a good thing or

i thought had the quarter was terrific too whirlpool off, flag one, tighter float and also ruling aboutley works i think should end up -- stanley, black and belle decker deserves to be higher. the latest energy go to sharon epperson at the nymex. >> traders are here trying to figure out how much the snag on the sea way pipeline is going to cause disruptions in the oil markets. we told you yesterday about the sea way pipeline, recently expanded pipeline that as of two weeks ago, had expanded to 400,000 barrels per day, taking crude from curbing, oklahoma, to the texas coast. yesterday, enterprise and embridge, the two companies that on the sea way pipeline, said that the deliveries at the key delivery point along the texas coast had reached a maximum capacity and they had to be reduced to 175,000 barrels per day. this came as quite a surprise to the oil markets. we saw the worst decline in wti prices in a month, the percentage decline and also saw the spread between brent and wti prices blow out to $17. that spread has come in a bit. seen oil price reese cover a little bit, u.s. oil pric

and whirlpool earned $2.29 a share for the fourth quart irand sees full-year profit above current estimatesrediting higher prices and productivity measures. >> becky, great january. up 6%. and one of the best in decades. then what happened yesterday? we pulled back a little bit from the psychologically important 14,000 mark. up six percent. something's amiss down tenth of a percent on the gdp as well as the market's been going. joining us from new york larry kantor, barclays managing director, head of research. larry, i've got a little insight into how you feel so i know -- i'm inclined to know what you're going to say, that it was the best negative gdp number that we've ever seen. i imagine that that -- that makes you think that the dow's rally has been justified, and that we don't need, necessarily, to throw it out after yesterday's numbers. >> yeah, i mean i don't think it's just the economy that's driving the stock market. but, you know, gdp's got a lot of moving parts and i would say the fourth quarter is not nearly as bad as it looks, and the third quarter, which registered a three ha