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1 it is not the fed. Its not the trade talks, its demand demand for money demand for homes, demand for processing, demand for cancer drugs and programming and demand for cell phones and demand for planes and of course perhaps most important, demand for stocks yet if you listen to most of the experts you here a lot of fury about ow the Global Economy has gotten weaker because the trade war has shut down international trade. I dont want to sugar coat anything the Global Economy has absolutely taken a hit yearoveryear and the tariffs are part of that but here is the thing. Many stocks were trading like were about to get an even more stringent round of tariffs and that didnt happen instead the president started negotiating with china and that allowed a host of flailing stocks to get their mojo back. The tariff made it strong that without the averages demand would have never made it this far. Let me walk you through the places where that demand is m t most palpable first there is demand for money. With Interest Rates low, banks are doing business with the consumer the finance started running with jp morgan and bank of america kicked off with astonishing numbers. The big takeaway during this reporting period is things are so strong they could reduce the settlement for trade and the banks are in great shape and that is how the stocks could rocket higher. No worder lvmh which is the big french company, wants to buy tief annie a flush consumer is a tiffany consumer it is not just the consumer. Businesses have a voracious appetite for money and Companies Realize they could borrow at low rates and buy back stock when the market goes down hardly a day goes by without a bunch of debt and more than a trillion dollars worth of corporate dead so far this year and theyre using the money to expand but some will bypass. It is easy to dismany as the fed is propping up the stock market and i see is it in my twitter file all day i know what do you want me to say our Interest Rates are higher than the rest of the developed world. Compared to japan and it is enough already enough with a big bubble im here to try to help you make money not to pop bubbles either way, when the Strong Demand for money the banks have good earnings and then they tend to boost the dividends and bring back big buybacks and then stocks become investable whether it is a bubble or not. Again, no judgments people you could miss out on a whole rally. It is a bubble let do you know it is a bubble since august of 1982. Number two there is demand for housing. This is hard to see because we dont have enough houses for sale in this country that put a crimp on the aggregate housing numbers but homes are changing hands here and rapidly since the last dip in mortgage rates. As anyone in real estate could tell you, what matters is turnover you need to see homes being bought and sold. Sure housing accounts for 15 of the economy but it punched above its weight think about everything that goes into the home and retailers and watch, my acronym for walmart, amazon, costco and home depot. It is also one reason where the payment processors like visa and paypal are doing well. And third demand for data. This is the greatest secular growth story of our era. Data isnt valuable but it is curated parsed manipulated and analyzed, well that is incredibly valuable. There is a whole ecosystem that unlock the power, oracle, splunk, nvidia and amazon and all of them either harvest data or help make sense of it and even after alphabet you may be disappointed with the quarter but it is in the mix so not get too negative you cant put a dollar value on Something Like data and there are too many different kind of data but spotify reported a much better than expected quarter we interviewed the ceo on squawk on the street and you Better Believe spotify is using algorithms to push the music to you that you want to hear. And spotify seems like a mind reader, well it kind of is the company has a map of your brain and it can show you the way. Of course there are companies that maybe using their data nefariously. We have a whole host of politicians that care about what facebook is doing with the data than the users do. I dont know the answer. But i do know the data is the queen of the helm if they get it voluntarily, i dont see a big deal about facebook. Demand for data is driving the big run in Semiconductor Stocks like intel and amd and you need them to process at the pc level or Data Center Level where nvidia is dominating again and we know google and azure and microsoft have storing and process of the data. But fourth it is clear that combatting cancer has become a business for many companies. Once bristolmyers converged with saline and business is strong and am again is trying to crack it keytruda could be the bestselling drug of all time. This is part of the pharm industry and for good reason how about the source of demand right now were in the golden age of entertainment where media platforms are desperate to give us something to watch. Does apple have a programming deficit . How about hbo . Disney plus . Anyone who makes content is surging. Well see what hbo and apple have up their sleeves when they report later this week speaking of apple. Well find out how well the new iphones are selling. Now the 11 was supposed to be a dud. People didnt think this was something especially what are these three things. I think people underestimated the appeal of three cameras in an era of instagram and the better battery life and i could watch myself lose in fantasy and still have enough to be able to bemoan it and call people and say how angry i am now there are these phones, when you break them down and they have the sky works and the qualcomm and the nxp it is going crazy. Why . Because it had fantastic numbers today. And the pin action is outstanding. A huge serve revenue stream comes from the phone like the apple watch and the new noise canceling air pods for when you have babies next to you. My wife always said to me shut up and stock complaining when you have a crying baby like it is my fault. Six planes, we had doug parker on friday and he talked about reimbursing for boeing for the max disaster and even though we dont have enough aircraft, the demand for air travel continues unabated most people in the world still havent flown on a plane there are only boeing and airbus and the demand is overwhelming supply hence why boeing refuses to roll over all of that negative testimony tomorrow wont hurt the stock. Bottom line, all of this bullish activity breeds an environment where stocks represent superior value because they are let dependent on the fed than the macro comment atdors would have you believe. Let tell you something, and i mean this because i thought a lot about it this weekend while my wife was working making pizza. These macro guys, theyre constantly jabbering about aggregate data without ever talking about the man itself because they dont do their homework it is too timeconsuming and keeping you have from from having that cabernet or catching the kids games or bingeing on netflix and gorging on the nfl but it is what you have to do in order to do this job you need to listen to the Conference Call to know who has demand and who doesnt right now the demand is have it and that is why we keep going higher i had to put it that way because believe me, these weekends are torture during earnings season i just wanted a good cab john in alabama. John. Hey, jim, booyah from the roll tide state. Whats up. I feel like my portfolio should contain gold and question what should be in gold and what Gold Investment would you recommend. No more than 10 and the bouillon and that is great to have it in a safety deposit box and dont bury it and the stock that is a growth stock another way to go. It is terrific and i like it very much. Lets go to i should say that i also like decko eagle because i share your like for gold lets go to jason in illinois. Jason . Caller mr. Cramer. Yes. Caller big windy city booyah to yah. Come to philadelphia and home we give you a beat down. What is up caller im looking into a pharmaceutical for my portfolio. I like what i see with astrazeneca and a lot of drugs in the pipeline. Right. Caller should i invest solely in astrazeneca and take many mad money and gamble and roll the dice and put some into moderna which they own about 9 . Im so glad you put those caveats in because that is what it is. It is a huge speck when i met them in january at the jp morgan conference, it is interesting speck but astrazeneca is on fire and i like that and i think that is the better one demand, demand, demand, demand, demand demand is what is driving this market to alltime highs some companies have it and some dont. You need to listen carefully to recognize the difference on mad money tonight, with all of the talk about a potential recession im eyeing an extravagant group of stocks that could offer a deep dive into the consumers pocket to help your portfolio in the process and then is the force with microsoft after the pentagon contract and im breaking down the action and revealing the Biggest Surprise of the earnings season and explaining why one group of stocks has suddenly become bulletproof so stay with cramer. Announcer dont miss a second of mad money. Follow jimcramer on twitter have a question . Tweet cramer, madtweets send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. Its been reported that theres a cyberattack on business every 39 seconds. Ouch. I dont even want to think about it. Comcast business has a solution. We go beyond fast with a cloudbased Security System that automatically updates, so you always have the latest protection. Phishing. Malware. Risky sites. It can help block all of that. Its one less thing for us to worry about. Comcast business securityedge automatically protects all the devices on your network. Call 18005016000 today. Doprevagen is the number oneild mempharmacistrecommendeding . Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Like i told you at top of the show, i think our economy is in better shape than many of the experts would have you believe the consumer, the industrial slowdown is real no doanying that by weakness in the rest of the world but offset by the strong consumer with you know the consumer is spending which is why tonight i want to take you closer at the most discretionary of discretionary and the companies that people dont tend to give their money to unless theyre feelingreall flush and because i think we need to approach these issues well going off the charts with the helper of bob lang from explosive options and a brilliant technician in the allstar team behind the street trifecta stock newsletter and the author of know your options to get a better sense of your action and winnebago and marriott and vacations were wide that is about as discretion as it gets, in a strong market with rising wages and high stock prices and housing in recovery, he thinks the big ticket discretionary are the Consumer Health im sure prestige came from france lvmh had the same thought when it approached tiffany to buy the high end jewelry change. These only work when the consumer is willing to spend and banks willing to lend so how are they doing now when lang looks under the hood, he sees signs of a Strong Economy and so lets start with the chart of winnebago it sent stock flying last week because it took place on high volume and for technicians volume is like a lie detector. The higher it is, the more likely it is telling the truth and the on balance volume line an indicator that looks like volume flow updates and subtracting them on down days they confirm the run see that okay from the moment winnebago cleared the ceiling of resistance at 40 it is ready for a road trip. Taking it to 51 for the macd indicator at the bottom and that flashes a buy signal where the black line crosses above the red one. You see that ross right there and the relative strength of rsi is as good as it gets. That is really beautiful someone said it is a little over bought but i get the program he recommended waiting for a pullback because that is overbought then you could back up the truck and by some more rv. I cant believe how well this stock was doing. Should be coming back could be interesting the daily chart of polaris, moek snowmobiles and all terrain vehicles and this shot into the stratosphere right now just like winnebago it happened on big volume. They had a macd cross over so here is the cross over and then the most reliable signals in the chart book at the beginning of the month. Now lang said the stock is consolidating the gains at top of the big candle. He thinks this pattern is very bullish right here point that out with polaris above the may highs it has a new floor support at 100 how high could it go the stocks old 2018 was around 130 and so you have support up there. Now does that intrigue option houses must like it langley wouldnt be surprised if they get there in short order because the momentum is strong and this is dicey because im depressed about this one group, Royal Caribbean. Annual report in two days. Theyve had a very, very rough time here but now there is a wpattern forming. That is a classic bottom formation that looks like the letter w and i want this to work because they are great but this cruise industry has been a disaster as of late. This one is trading at 112 at change and the moving average at 113. 77 and up a buck and a half and if they could break out, run back to may highs of about 130 so im glad i asked about it if you think im right, boom, that could be significant. Dont forget the big problem is caribbean, which you think of that you think of storms Royal Caribbean has work to do but it bounced off the twin lows and suggests that the sellers are likely finished. The balance volume is improving as the relative strength index to keep momentum but they still have a lot to do lang sees the momentum shifting to bulls and it wouldnt take much to get this thing moving again. That couple of positives here. Very interesting i dont know im sure someone else gets a look at this, jim, are you kidding me but i like what bob has been saying here finally how about the daily chart of Marriott Vacations worldwide. That is the timeshare play this stock is grinding higher since it bottomed in early august and the macd indicator is flashing a buy signal and now that they have established a set of higher lows lang is betting this stock is 110, make a run at last summers highs that is around 120. And then perhaps even alltime highs at 150. In a may take some time. But as long as the pattern is bullish, he thinks that is where were headed plus the on balance volume is strong and your on balance volume to me it is not as strong but he thinks the big boys are pulling in. He thinks they are more room to run. But the chart suggested things are looking good for the discretionary stocks, polar is and Royal Caribbean and these stocks only thrive in environment when consumer is in great shape and i think their strength is a fabulous signal the broader economy may be in better shape than weve been led to believe so stick with cramer do you have concerns about mild memory loss related to aging . Prevagen is the number one pharmacistrecommended memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Stand up if you are first generat crowd cheering ent. Stand up if youre a mother. If you are actively deployed, a veteran, or youre in a military family, please stand. The world in which we live equally distributes talent, but it doesnt equally distribute opportunity, and paths are not always the same. Im so proud of you dad. [man] i will tell you this, Southern New Hampshire university can change the whole trajectory of your life. uplifting music over the weekend we got major news out of the pentagon now im not talking about the special forces raid that took out the leader of isis although that was pretty major no i mean the big joint enterprise defense infrastructure or jedi contract the latest in a long line of star wars reference from the department of defense. The pentagon wants a Single Company to build out its Enterprise Cloud base and they want one looking for one business to become the back bohn of the digital structure, they dont want a whole bunch of these flying around. But come on. Hey, let me have some fun. Anyway, for years some of the biggest players in tech have been wrangling over this deal that could be worth 10 billion and it just got really ugly. You had lobbyist and lawsuits and accusations of impropriety and the procurement process and a ton of back channel wrangling that well never know about but by april they narrowed it to amazon, aws, the number one player in the Cloud Infrastructure or to microsofts azure. That is the number two player. The challenger amazon is the king of the cloud so people assumed they would get it all or part of the contract even though President Trump, say hes not a fan, however come friday night we learned the whole deal was going to microsoft. Everything which is why the stock surged more than 3 or 2. 5 this is a trillion dollars company and that was big and that move made sense but how important is this jeddi contract what is 10 billion over ten years to a trillion dollars company and what are the implications for everyone else lets start with microsoft after perusing the analyst covers, the consensus is this deal is worth from 2 to 10 per share so maybe it is baked in after todays run or worth a bit more that said i think the real value of the contract goes beyond the money theyre getting from the pentagon winning this business is a huge boom for microsoft Cloud Business once you get the contract to build the department of defense Cloud Infrastructure you have a leg up on winning similar contracts down the road so it is a further validation of azure, the best possible validation they could get the pentagon is saying microsoft Cloud Platform is just as good as amazon or at least close enough for government work although according to the the latest research from gardner, Amazon Web Services is still the superior offer and they beat microsoft in reliability and cost and Technical Support and gardner remains the ultimate arbiter. But if azure is good enough for the pentagon it is good enough for any given business and it is a paradigm changer for microsoft. I think this will give them more of a boost and next now consider the context this jedi news broke 24 hours after microsoft and amazon both reported their latest Quarterly Results. Microsoft knocked it out of the park amazons numbers were widely panned how did microsoft ceo deliver such Phenomenal Growth hes killing it in the intelligent Cloud Business and azure good an astounding 63 clip on a Constant Currency basis so we know microsoft was firing on all cylinders. This jedi contract simply confirms it. And yes, i am going to turn this on every time i use the term jedi, all right. It is my darn show as for amazon, they got dinged after ugly earnings and a big shortfall and the kind of forecast i dismissed it but they are spending a fortune to build out the infrastructure necessary for oneday shipping personally i like it when amazon invests in the plans for global domination but wall street is not thrilled because wall street wants incredible Growth Without the spending that you need to make it happen more important, if you are looking for signs of a slowdown on Amazon Web Services, you did get meaning deceleration and when andy jassy was here it was in the mid40s and worst than what the analysts were hoping for. I dont think losing this jedi contract is a big deal for amazon and that is why the stock actually ended up rallying after being down by 1 this morning. Dont get me wrong it is definitely an incremental negative and would have been better to get the 10 billion worth of business from the pentagon and a couple of Million Dollars in Free Cash Flow but this is a significant win for microsoft azure than it would be for Amazon Web Services. You have to understand, they did 9 billion in the quarter of risen. Over the quarter they are not weeping over what could have been a 10 billion deal over ten years and microsoft doesnt break out azure but it is only a fraction of the 11 billion commercial Cloud Division which also includes software as a Service Offering like windows 365s and while winning have a validation of the Cloud Platform, the fact that amazon lost is no knock on them Everybody Knows aws is the best in the business and theyre investing in the Cloud Business to stay ahead of the pack. Even though microsoft starts to catch up, i think there is more than enough room for two players in the industry. There is one more reason i hesitate to draw any conclusions about amazon from this jedi story. It may not have been a fair fight. We know President Trump loathes jeff bezos, the ceo of amazon who happens to own the Washington Post and it wouldnt shock me if he or someone in their orbit put their thumb on the scales of the scale and favored microsoft. Are there any real reverberations from this jedi contract i said it once without putting it on. On addition to being positive for microsoft it it might have oracle and vr and microsoft azure are now interoperable and this means it should be easy for oracle to defend the preexisting business with the pentagon vm ware, they signed a partnership, thank you sanjay, coo of vm wear, with microsoft to make it easier for customers to run the legacy systems and data centers powered by azure. Heck, you could even argue this is a win for ibm and alphabet, but it needs it after the number tonight because it means amazon cant mon on liz the governments cloudrelated spending for defense to the announcement there was a sense that amazon had a major advantage because they have the big cia contract and then aws would have been the Cloud Infrastructure for the next ten years but the smaller players have more of a chance to win business the bottom line, microsoft won this 10 billion jedi contract because they put if the work to make their Cloud Platform nearly as good as amazons and im sure some would say it is better. While the stock had a big run, i think microsoft is attractive. As for amazon, losing business is no skin off their back and they are spend so heavily and im okay with that, it might give you need to buy the stock in the week down the road because of the wall street inherit short sightedness. To jerry in connecticut. Caller booyah, jimbo. What is up. Caller first i want to thank you for what you do for the little guy it does not go unnoticed. Love the little guy. Caller yes and i love your book get rich carefully. Thank you. Reporter youre welcome. My stock, sir, not doing anything wrong weve announced stock split last july and every quarter is excellent. I assume it is the trade thing going on but what do you think of alibaba. I have enough problems with american stocks we dont need to go down the chinese shoot. Ill take a pass and say its nay on the bobbanay caller hi. I would like to know if zoom video which was an ipo this year is a buy at these levels and also since it is a profitable company. I think that the problem with zoom is it is heavily shorted which means you get a grub hub where if they disappoint they will bang the stock down i think the more easily owned stock is cisco i know they missed the last quarter. But cisco, i think, it is more defensible i am concerned for you if you do zoom video even though i love the company the contest of the jedi, it is getting ugly but microsoft put in but microsoft put in the work to win it i think the stock is still attractive and that doesnt mean that amazon isnt. Much more mad money ahead. Wondering why some stocks are rising im eyeing stocks that manage to defy expectations and rise despite some less than stellar results and then looking at something to give you high yield, i have two players worth eyeing and i like them both. Buy them here and all of your calls and rapid fire in the next edition of the lightning round so stick with cramer do you have concerns about mild memory loss related to aging . Prevagen is the number one pharmacistrecommended memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Robinwithout the commission fees. So, you can start investing today wherever you are even hanging with your dog. So, what are you waiting for . Download now and get your first stock on us. Robinhood. The Biggest Surprise of earning season is cyclical stocks one that are supposed to get hammered in the tougher economy. And suddenly they turned bulletproof. Even when their putting up disappointing numbers wall street doesnt care. Normally the stocks get hammers in a shortfall but this quarter they are more likely to rally. Its absolutely bofrpg bonkers. Consider ppg, caterpillar, Union Pacific all reported quarters that on the surface look pretty darn bad they all had misses and required estimate cuts. Back in my Old Hedge Fund these are the kind of stocks i would be shorting at this very moment at this point in the business cycle. When you think of companies about to miss numbers in the forecast, that is a great reason to bet against it. Because estimate cuts always lead to lower stock prices the huge cyclicals all trigger estimate cuts but then something strange happened the stocks didnt really go down some really rallied and big. The shorts got the numbers they wanted and it just didnt matter what the heck is going on here and this weekend, first many of the research are run from the top down and they establish the world view and the Global Growth forecast and then the analysts try to peg the companies they cover. Right now the mood on wall street is the gloomiest since the recession and even with the averages surging to new highs, there is a widespread belief that things thanks to the trade war with china or the brexit or the uncertainty over next years selection. Even though it is far away if that is true and the aggregate earnings estimate are too high and if they are too high they include that the shortfalls is going to come from some of the kind of companies, the cyclicals. That makes it hard to interpret the Quarterly Results because they cut the estimate beforehand nobody is looking for anything good from this guy not at all from cat when they were trading back at 138 in august of this year, Goldman Sachs downgraded from a buy to a hold. Cut the price target down to 130 and courtesy of a slowing Global Economy it slugged the stock and then a week and a half, close to when they reported Morgan Stanley took cat and the price target to 145 and worry about Energy Market as from my travel trust, i gulp and said they have to know something and when they reported and clearly missed on sales and earnings with the guidance cut to boot, the stock fell about 6 in premarket trading that is understandable it is sunk 130. The headline number looked ugly. But then it pirouetted finishing up encouraging story on the Conference Call where they maintained the dividend and thanks to those analysts the stock has been softened up which made it easy for caterpillar stock to bottom and bounce back. They downgrade the guy who wanted it down to 130 at goldman and it traded above 140 today. That is remarkable and not every stock is bulletproof. Let me give you a nice contrast. Not a cyclical, the case of mcdonalds this is a key downgrade going into earnings and unlike what i just described with caterpillar but it wasnt immunized but got pulverized and the selling continues to stay. It is down 18 points from the report why . Because mcdonalds lacks the secret sauce to protect the cyclical mickey ds stock is expensive but the industrial stocks have gotten so cheap that they are basically immunized against bad news plus they are cheaper when you consider most of the companies have committed to bosting dividend and buying back shares. I was bowled over when caterpillar referred to them as an aristocrat and looking add the history and sure enough it is one third reason for the bizarre strength of the cyclicals, the management teams were far more savvy than anyone imagined look no further than ppg this Company Makes coding and in autos. I am used to seeing these guy cut numbers in the downturn because from everything to planes to cars to buildings but the ceo Michael Mcgary saw it coming and able to throttle back on costs and dodge the shortfall so the quarter was better than feared but gary called it out as a source of strength in the auto business these executives learn from the Great Recession and theyre not going to let themselves get blindsided again theyre smarter than they used to be. Next up the cyclicals that are working here have decides to change the stripes to the point where they deserve higher valuations and for that i turn to itw which went down to about 50 points below where it is. This is a real manufacturer. Theyre supposed to miss badly the last few quarters were suboptimal and the Auto Industry is holding them back but i heard about the nonorder related businesses including science, patents, whatever, that i realize it is a Better Company than people think. Theyre not going to sit there and take a beating they had margin improvement in everything, the raw cost came down and the company saw strength in europe and that is why that stock caught fire and gave up a little bit today but it is a comer. But the best example of raw improvement came from the railroads, okay. Union pacific and csx. I keep thinking about just last week when jim foot, amazing csx ceo came on and said, look, for decades the rails in this country simply werent that well run. Perhaps look they only had limited competition. They rarely compete with each other and there are tons of cargoes too bulky to transport by truck but in the last few decades as our economy shifted toward low bulk and high value they start to take chair and went from 100 of transportation to just 8 finally the railroad decided theyve had enough and bringing in a new group of executives who decide they needed to reevaluate everything to take back the lost market share and came up with precision railroading. They manage trains more efficiently. Making them more punctual and convenient and it breeds higher earnings per share and even though csx and Union Pacific didnt fall nearly as fast they bottom and came right back. They are both buys we saw something similar from dear this is different. It should have been hit. What does dear have going for it when china decided to shift the soy to brazil they bought equipment from deer at the same time our government bailed out struggling american farmers. Allowing them to buy more equipment from deer too. In a way china shifting those orders benefitted these guys because it allowed them to double dip and while im at it and i wonder whether the chinese pretty much waved their poultry ban on the u. S. And Sanderson Farms and up tyson and that could be good for corn this is very complicated but keep it in mind. The fifth and financial reason why the cyclicals refuse to go down because the Global Economy may not be on the press press ip us. If you think the trade war is as bad as it could get and think brexit could be resolved then these cyclicals would be the Perfect Place to be. You sell right now and not buy bottom line. Now you know why deer and dow and csx and Union Pacific rally in the face of ugly numbers. And honestly in every single case i think they have more room to run mad money is back after the break. Most people think of verizon as a reliable phone company. woman but to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. Virtualize their operations. woman and build ai customer experiences. We also keep them ready for the next big opportunity. Like 5g. Almost all the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. Doprevagen is the number oneild mempharmacistrecommendeding . Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. On a scale of one to five . One to five . Its more like five million. Theres everything from happy to extremely happy. Theres also angry. Im really angry clive actually, really angry. Thank you. But what if your business could understand what your customers are feeling. And then do something about it. Turn problems into opportunities. Thanks drone. Customers into fanatics change the whole experience. Alright who wants to go again . I do i do i have a really good feeling about this. Announcer lightning round is sponsored by Td Ameritrade it is time. It is time for the lightning round. You say the name of the stock. I dont know the calls or the name of the stock ahead of time. I tell you whether to buy or sell. When you hear this sound [ buzzer ] then the lightning round is over [ technical difficulties ] i have a question on well they missed the quarter pretty badly and we wont theyre in the penalty box a full quarter before we could touch that one how about darlene in new jersey. Darlene . Caller hi jim, i i love your show. Thank you. Caller im retired and looking for a good dividend stock. I dont currently own any reits but im wondering what you think of them and as an investment. I like the reits. Caller iron mountain. Iron mountain is good 7 yield and people are worried about it i think it is good okay, lets go to sean in illinois sean caller hey, jim, this is sean from chicago, illinois. I was calling about realology symbol rlgy. Yeah, in full disclosure my wife works for them. I think it is okay i do worry about the Housing Market i think the Housing Market is just for what they do, just okay not good enough. Im going to say it is a cheap stock. I hesitate to say more than that how about we go to yvonne in new york caller hi, how are you mr. Cramer im fine. Caller im interested in the wendys stock. Everybody thinks that wendys and mikcdonald will have a war against breakfast and maybe wait until it goes under 20 to buy some but i like wendys. To george in new york. Caller hey, jim. Braet show. Thank you. Caller your opinion on cmr group best in shough. I talked this over with someone in the nfl and we were both saying, it is probably right i was being too sharing and worried about 29 times earnings but it is doin ken in washington. Caller nl capital we dont know what is in an alley and we dont recommend the stock. Many, many years ago the ceo who used to be [ inaudible ] to carol in new york caller hi jim. Enjoy your sense of humor. My first turn fointoed a big loss. I preferred monolease which is a better story and ladies and gentlemen, that is the conclusion of the lightning conclusion of the lightning round. Announcer the lightning round is sponsored by Td Ameritrade [spokesman] if youve tried colleg group cheering shed, snhu lets you transfer up to 90 credits toward you bachelors degree. [woman] it doesnt matter how old you are, you can do it, you can finish. [spokesman] finish your degree at snhu. Edu doprevagen is the number oneild mempharmacistrecommendeding . Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Owning and running the biggesta Small Business is finding the right people. In hiring our first recruiter, we decided to post a job on linkedin. They had to have worked. At a recruiter firm and be bilingual. When we saw ana marias profile. She had a ton of experience in hr. The interview went really well. And she seemed like someone who could really sell mckenzie to perspective employees. We found the best person to find the best person for us. Post a job today at linkedin. Com grow the amount of Student Loan Debt i have, im embarrassed to even say. We just decided we didnt want debt any longer. I didnt realize how easy investing could be. Im Picking Companies that i believe in. I think sofi money is amazing. Thank you sofi. Sofi thank you, we love you. There are two things you carely find together growth and yield. They are like oil and water. When a company has one it tends not to bother with the other growth businesses have Better Things to spend money on than dividends. While Dividend Aristocrats prefer to shell it out to you rather than gamble on growth but every now and then the market will give you a gift the high yielding stock with a decent growth rate right now you get at t and dow chemical yet at t supported a 5. 5 yield and dow pays 5. 6 . Admittingly the yields were more enticing two weeks before the stock starts climbing but still in the sweet spot between 5 and 6 and that is where you kn where you know the yield is generous above 6 you worry whether they could maintain the payout. They are worried about the fundamentals and believe the dividend may not be cut. I dont know theyre good at 6 im not. That is why i always warn you not to reach for yield never try to get a few extra pennies in dividend in the underlying business is doomed. Four days ago i was worried at t and dow might fall into to risky and last week i interviewed the ceo of dell and pricing for key chemicals is bottoming or turning higher and the Free Cash Flow is better than i imagined and the depreciation and amortization at 77 per share. Last year i had the privilege of interviewing paul singer the head of Elliott Management and that is an activist hedge fund with an incredible track record. Not that long ago he snapped up 2 billion of stock and under the ceo randolph stevenson, get this, this thing has lagged the s p 500 by 100 . It was at 39 when he took over in 2007 and today it is 38 and verizon has gone from 38 to 60. Rather than trying to fight, elliott seemed to have gone with the suggestions. By following elliotts plan the company could earn 4. 50 to 4. 80 per share. Im mulling this over but follow us on the club so what is the plan here stevenson is conducting a portfolio review including the possibility disposition of direct tv still losing customers not as rapidly as it used to and the ceo job will be split for greater accountability this is a scenario where at t could keep delivering modest Dividend Growth and paying down a huge amount of debt it took on to buy direct tv and time warner that said i know dow and at t they are both challenged i myself have argued that dow stock could be toxic because it has des missed plastics that dont break down and therefore shouldnt be shunned by Millennial Money managers but the slide in the last quarter is that plastic may be more environmentally friendly because it takes energy and chemicals and trees to make any kind of alternative and dow is making an effort to make for plastic from recycled fibers. As for at t, it lost 1. 4 million paid tv customers and the numbers werent great. Although sevenson said the subscriber numbers are bottoming but they cease making acquisitions and start to pay down the debt with asset sales plus tomorrow at t reveals hbo max and the new streaming system and plus apple tv and peacock. It wont be out officially until spring but it is the first sign that time Warner Acquisition could produce solid growth not Just Cash Flow either way at a moment where bonds are paying next to nothing, the tenyear at 1. 85 . Dow and at t stock offer you a twofer. Higher yields with a real chance for growth i recommend buying some here and then maybe wait for the fed to say somethingoneheaded on wednesday and slams the market or maybe the Labor Department on friday shows a surprise drop buy more and a weakness. Be patient dow and at t are now in a safe way paying you to wait stick with cramer. You should be mad that this is your daily commute. You should be mad at people who forget theyre in public. And you should be mad at simple things that are unnecessarily complicated. But youre not mad, because youre trading with e trade, which isnt complicated. Their app makes trading quick and simple so you can strike when the time is right. Dont get mad, get e trade and start trading today. Wyou can see relationships. Gy, connections. Patterns. You can see what others cant. This is a reason alphabet is so hard but if you see price target increases the stock is going to go to alltime highs dont be confused. The headline numbers are rarely right when it comes to alphabet because there are so many moving parts but people keep trading without listening to the Conference Call. Dont be stupid. Theres always a bull market somewhere and i promise to find it for you right here at mad money. Im jim cramer see you tomorrow narrator now, on american greed deadly rich. Sheila von wiesemack is a wealthy jetsetter who whisks her daughter around the globe. They loved to travel. Narrator but the mack familys latest trip to an island paradise. Ends in murder. She broke several fingers. Nails were ripped off. Woman and then stuffed her halfnaked body in this suitcase. Narrator as the mystery unfolds, family secrets are exposed. There were 86 times that Police Officers had to be called out to sheilas home. Narrator . And new questions raised

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