inflation. construction hiring thanks in part to the dow ends up tumbling 270 points the s&p sinks. nasdaq goes to 5.4%. all because we appear to care right now about the coronavirus and the disease seems like it's running rampant in china in truth we have the situation under control. but in china it's like they're running an operation with a million people cordoned off from the rest of the society. any game plan for next week needs to start with this virus and what it means for the chinese government not good. so many are dependent that we'll see signs of the global slowdown that so many have been predicting the one who's epicenter is in beijing. start with allergen. i know there are tens of millions of people who can benefit from the pill. i'm betting it's a blockbuster even as they don't seem to know it we also get results from burger king we're seeing a real divide in restaurants between the haves and have nots. mcdonald's and wendy's, i think wendy's breakfast is going to be strong after the close there's spl logistics. i think it makes sense to own this one going into the corner tuesday morning we hear from hasbro i've been fascinated with the story for years. we know the toy maker's been tested multiple trials especially the collapse of toys "r" us now what do they say about china? can the factories they need to make toys on the cheap stay open then there's under armour which has been in purgatory for ages i hope they'll make a comeback they have to stay close to inventory. i think we can get resolution into the federal investigation i believe that investigation is much ado about nothing lyft, is lyft doing as well as uber we're going to find out after close. it could be difficult because we know now that uber's turned a corner, definite corner with management talking about how they could be profitable in the fourth quarter i like lyft very much. at this point i think both could work pretty for giving person wednesday key, cvs cvs health we want them to follow up on all of the good news we heard from the jpmorgan health care conference a month ago we need to know about the debt paydown, about possible assets they can sell and about the health hub expansion i also want to find out how banner regular flu season can be not just the coronavirus because we need a little context you know i'm a big believer in gold i'm betting the numbers will be very good. you own a gold stock like this one to vaccinate your portfolio against economic chaos there's shopify. that's the ecommerce facilitator the best of the time they keep delivering and delivering i hope the stock will come down again. they had one late last year because my charitable trust needs a decent buyer to get back in pull back, that could be the chance to get into shopify after the close wednesday we get results from two big tech companies that have been under pressure in recent years i'm talking about applied materials and cisco, the networking kingpin last quarter they put up the first good set of numbers in ages in the stock rally. cisco disappointed i think they can deliver again cisco i'm calling it a show me story. thursday belongs to the strongest consumer packaged goods stock of our era and that is pepsi could he. lately procter & gamble and coca-cola have challenged pepsi's lead solid beverages but they're with good numbers stock is at an all-time high i think you can buy some before the quarter and after. kraft hines. they report and they're in rough shape. i'd like to see some growth acquired or otherwise. i'd like to see divisions sold the stock remains dead in the water. kraft heinz is the hallmark of inconsistency. that makes me own the stock of waste management more levered to the construction industry than anything else. the stock is running in an sis si passion of a strong quarter world travel is being paralyzed by the coronavirus outbreak. when expedia reports after the close it could be very down beat i can't blame anyone for not wanting to travel when we know that cruise ships can become incubators for the disease and planes are full of people wearing surgical masks we hear from nvidia. you don't name your dog after a company unless you think it's incredibly special that's how everest came to be called nvidia. he answers to his master's voice as long as he has a treat in his hand they have the best chips for artificial intelligence, gaming center and with the new graphics for gaming, i think it's worth holding on to. dex com reports, too m i bet they do it again you can buy some don't just go in the open market we have newell brants with the new ceo. i'm not sure they can deliver. the stock is so low maybe it doesn't matter the most important thing about next friday, it will have been 14 days since the collapse of the market last friday when we were pretty much -- when we pretty much closed our borders to travelers from china. the coronavirus has a 14-day incubation period so that's when we'll know for sure if the disease is contained the bottom line, as much as i want to focus on the earnings, this epidemic can steal the spotlight at any given time like it did today in spite of a phenomenal terrific jobs report. let's speak to brandon in indiana. brandon. >> hey, jim. thanks a lot appreciate everything you do for the little guy here to get ahead in the game. got a question about boeing. ba had a decent week. a little bit of a fall what are we doing? are we buying? are we selling >> i think boeing's actually going to work out. i think boeing's going to work out. i say that because i think we're closer to the max for turning a service than most people think this is a stock that gives you an opportunity to get it at a lower price. i would wait for that before i pull the trigger. >> let's go to dave in new york. first-time caller. invested in sprint with the judge's decision on the merger of t-mobile due any time soon. what are your -- >> no, don't buy more sprint look, it's t-mobile that's the good one t-mobile wins if there's a deal. not sprint sprint's got a bad balance sheet. t-mobile has a good one. that flies in the face of an interesting narrative of $4 stock. this coronavirus still matters to this market it's going to keep mattering until it's completely under control. we'll get more clarity this week and we'll also hear from plenty of great companies on "mad" tonight exiting the magical realm of unicorns, uber and pinterest are making money pinterest definitely is. wall street is loving it i'm giving my take on their new status. then sweet dreams are not made of these. i'm breaking down casper's lackluster debut and what it says about the market. and what's ahead for this one? i've got the exclusive from the ceo so stick with cramer don't 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 1-800-743-cnbc miss something head to madmoney.cnbc.com. we set out to make the best bike on the market, find the best instructors in the world, and tie it all together with a world-class software experience. we ended up creating, as you all know, so much more. peloton is truly a category of one and we're just getting started. now, let's do this. together, we are going further than we ever thought possible. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk while our competition continues to talk. ...take the personal assessment i love the new myww program, because it's tailored to you! and get matched with a proven weight loss plan. find out which customized plan can make losing weight easier for you! myww join today with the ww triple play! the new rx. crafted by lexus. lease the 2020 rx 350 for $419 a month for 36 months. experience amazing at your lexus dealer. lease the 2020 rx 350 for $419 a month for 36 months. wheneveryone is different.a, which is why xfinity mobile created a different kind of wireless network. one that saves you money by letting you design your own data - giving you more choice and control compared to other top wireless carriers. now you can choose unlimited, shared data, or mix lines of each and switch any line, anytime. no one else lets you do that. design your own data with xfinity mobile. it's wireless reimagined. simple. easy. awesome. who would have imagined, uber and pinterest two companies seeming from growth than profit they executed and they were able to deliver better than expected earnings that's a monumental shift. when they came public, they had the same strategy. going to spend a lot of money, generate massive growth and cement their first advantage in the industry that's the playbook. profits? no stinking profits. now though it seems like they just want to make a little money with pinterest actually bringing it home this quarter while uber ceo says they'll reach profitability by the end of the year that is well ahead of schedule i was thrilled see, i'm glad they reoriented themselves around making money, but the crazy thing is they didn't take much to alter their trajectories when you drilled down to see what changes they made, they're pretty subtle. pinterest didn't have to change the business model i think they got their advertising proposition to work better, especially video customers love their platform. meanwhile, uber seems deeply committed to making money and they're doing it by getting out of lower margin businesses by getting out of uber eats nothing sacred at the end of the day management is adjusting their portfolio they're tweaking they're doing it better. both companies pivoted from privately held unicorn status to public companies now uber and pinterest are all about showing wall street they have the ability to earn millions if they want to they got people in a conference call the company had been a little bit club like. not anymore. as for uber, it increasingly sounds like a platform that can be used by a host of different businesses there's so much that is suddenly working here that you have to believe that they were ridiculously poorly run before dara took over i believe that now the problems are being fixed one by one management is disciplined and that's a word i never would have associated with the old uber the cleanup is pretty far along. uber and pinterest show you that fast growing ipos can change their stripes and become something that's a lot more palatable to this market hence why uber and pinterest's stock gained 10% i don't think the stocks are done going higher. they could go substantially higher if they stick by the game plan on the other hand though, we're starting to get some bogus ipos again. that's not so good yesterday casper sleep became public they are losing money. take market share. that might have worked in a less discerning market. this one the stock came public at 12, opened higher and it's at $11.05 that speaks a lot louder than anything i can say about it. i will be talking about it i think it's a good thing why a stock goes down if they're losing money for now casper shouldn't have come public at all i wish some brokerage firm said, guys, we're not underwriting this neither should anyone else maybe one day casper can turn itself around like uber and pinterest. when it comes to big moves in newly public stocks how about we say two out of three ain't bad i don't want you to go anywhere because i unboxed the business of casper almost five years ago when i sat with the ceo long before the dream of becoming public became reality. take a listen and don't miss more of my take on this ipo. we're going to build the world's best brand around sleep. we think it starts at the mattress and we're excited with the reception that the mattress has gotten you'll see engineering going into other products that haven't been thought of in a long time make fitness routine with pure protein. high protein low sugar tastes great! high protein low sugar so good! high protein low sugar mmmm, birthday cake! and try pure protein delicious protein shakes after a not so hot day when the averages gave up recent gains, i thought a lot about this it has no patience for low quality ipos last year we were plagued by initial public offerings with subpar fundamentals until the wework deal crashed and burned before reaching the finish line. that spurred a market line selloff. once we shook off the weakness, it was in part because the ipo window had been slammed shut the spigot of new deals was turned off and that is often coincided with great times for the stock market i love it when a good company goes public. the problem is we have lots of large companies going public because they introduce massive amounts of supply to the stock market that new supply, let's just say it overwhelms demand and that's how you get downward pressure on everything else. we had our first high profile ipo of the year and it's called casper sleep this is a money losing unicorn that wall street would have loved 12 months ago. in 2020, no thank you. we started hearing there was trouble with the first major deal, casper had to slash the price range from 17 to $19 all the way down to 12 to $13. then that night stock priced at 12 bucks that is the bottom of the range. while casper started the stock at $14.50. who the held was buying it at $14.85 before i was jimmie chu, you would hear who you were. it closed at $13.50. up $1.50 from when it started. you're still in the green. so you got a decent first day pop. to make that happen the book runners had to dramatically lower the bar. if casper had come out at 17 it would have been a disaster at 12 it did okay. the close is just over 11 bucks. if you got in on the deal, well, this one's not looking too good. if you bought at the open, let's just say you are down substantially. and i've got to tell you, i'm glad there's little appetite for casper this market has discerning taste. investors have a healthy dose of skepticism i don't want to dump on the company even though obviously i'm dumping on the company casper uses technology to make a great mattress they put a lot of thought and effort into the good sleep i almost passed out it was so darn good. i'm not a big sleep guy. other people have been on the pillow this is not the time for that. still, i think it's a given that casper is an excellent product all right. this had a nice one. the market finally turned on those deals. we broke the habit then casper comes along and it looks like unicorns. so i wouldn't say it's a growth story. more importantly, it's a money loser. it doesn't seem close to turning a profit any time soon then there's the tech adjacent thing. casper is the veneer, the batina reminiscent of peloton which tried to say it was tech but it makes fancy exercise bikes you have a high growth and there's nothing all that special about it because it's a mattress they talk about the sleep economy. sleep economy. anyway, technological prowess when it comes to designing mattresses and selling them online they might be the best at selling mattresses and selling them online. this is a mattress company at the end of the day it sells a few other sleep-related accessories. a mattress worse, the ipo was the down round for the private investors. in march of 2019 casper did a fundraising round and they were at $1.1 billion. after the wework debacle slammed the ipo window shut, there was no chance of this company beating it with an ipo it would have had to be public somewhere in the mid 20s is where it would have to be. normally this kind of thing scares away investors and it should if the market had gotten excited for this thing, you know what, you and i would be worried it would be a bad sign it could have opened the flood gates for even more deals of dubious quality. technological paper. technological -- >> merger. >> you've got it these are ecosystems, you know ecosystem, platform. hot sauce is a service we hear everything from these clowns when you drill down into the numbers -- you do. you do come on. i've got my own darn show i can say it what a bunch of jokers casper grew at a 20% clip in 2019 that was down from 43% in 2018 i regard that as a major slowdown, not a speedup. wall street loves growth but it's a lot less impressed with deceleration they had $80 million worth of refunds, rushes of discounts that's 20% of the gross sales. strikes me as a high number. they send a mattress back. either they're marking down merchandise aggressively or seeing too many returns. casper has negative earnings negative yardage before interest, taxes, depreciation, amortization even negative cash flow. i'm calling that suboptimal. the margins are gradually moving in the right direction casper's operating margins came in at negative 21% put it altogether and there's no constituency casper is not appealing to the money junkies. granted the stock's selling for less than one time sales which is cheap cheaper than your typical fast car with no earnings much slower growth than they do. i don't think it's cheap i wish i could compare casper to the other mattress companies temper seely, sleep number and purple innovations are all profitable i like the product i laid down on it. you know i almost passed out on it. i like the brand but i don't buy the whole sleep economy thing. i just don't you know what this is? this is a company that makes mattresses it's a mattress company. i'm not interested in the stock here i mean, one of the largest players in the space, mattress firm which i told everyone was going to be bankrupt, filed for bankruptcy a year ago. i've got bed cred. i just came up with that and this remains an incredibly crowded industry you have seely testimony pmpur-c there are too many negatives and not enough positives it's good that casper got hit. it means that the market is -- it's an unfriendly market to the friendly ghost the bottom line, i'd love to get some high quality initial public offerings but there were some great ones buried within the garbage. we may need to take some time for the pipeline to refill itself i'm just glad investors aren't falling for companies with good marketing but slowing growth and zero profitability let's go to dave in oregon dave. >> caller: hey, jim. i'm calling about revolve group. i don't understand why that price is so low on that stock. my daughter is over in arizona madison. her college girls are ordering revolve right and left macy's is covering 125 stores. amazon is looking at the company. coming out with earnings on the 25th the stock is going down every day. what's going on with it? >> everything is true. we don't know whether amazon is looking at the company. >> let's go to tucker please in south carolina >> caller: jim, thanks for taking my call south carolina and i was wondering if two weeks ago i traded a stock portfolio i evened it up with growth and dividends and wondered if smile direct club was a good growth stock? >> this is a stock -- like virgin galactic, everyone decides it's good, then they decide it's bad. like casper. then it gets too heavily shorted and buyers come in and say, listen it's not as horrible it's the life cycle of an ipo and smile direct's part of it. now it's kind of burned out again. i would not touch it here. college kids don't speculate on that when you've got companies like amazon out there that are so great this market's appetite has changed. it doesn't have patience for low quality ipos a money losing unicorn is not what investors want. it's what the venture capitalists want, but it shouldn't be what you want much more money. caleb morris is it entering a new chapter in growth strategy they make homes. you put beds in homes. i'd rather be the homemaker than the bed maker. i'm talking with the ceo of this nation's fifth largest homemaker. the company's new ceo of magic touch. and rapid fire in tonight's edition of the lightning round so stay with cramer. obama: he's been a leader throughout the country for the past twelve years, mr. michael bloomberg is here. vo: leadership in action. mayor bloomberg and president obama worked together in the fight for gun safety laws, to improve education, and to develop innovative ways to help teens gain the skills needed to find good jobs. obama: at a time when washington is divided in old ideological battles he shows us what can be achieved when we bring people together to seek pragmatic solutions. bloomberg: i'm mike bloomberg and i approve this message. how much more up side can we get from the home builders it's been on fire ever since the fed gave us three successive rate cuts. low rates with ultra low unemployment is nirvana. look at taylor morse home. arizona, california, colorado, illinois, north carolina, texas. the company reported some fantastic numbers where net sale orders were up 25% year over year, above 10,000 for the first time ever. then yesterday taylor morrison closed on william lie on homes they are the fifth largest home builder in america that's huge. the stock seems to be taking a breather after an incredible run. let's take a close look with cheryl palmer. chairman and ceo of taylor morrison transformation al deal welcome back. >> so good to be here. >> you're the fifth largest home builder in the country. >> i know. >> you're taking advantage of all the great areas in the country. how did you put this together? >> you know, we've been working on this for a bit of time now, jim. when you think about the opportunities out there, and i think last time you and i talked it was -- you know, things are good >> yes. >> the consumer is feeling good. when we think about growth and how good that is for the organization and having the depth and scale in each of our markets, william lie on has been a natural partner. they have a wonderful portfolio. they're in our overlap in markets is great we've got more than 80 million in synergies it gives us new markets in the pacific northwest, nevada, depth in many markets. the people are tremendous. we're very excited. >> you said something is a good time i think we're in one of these markets, the state of the union this week where people don't want to say it's good because it's political it's an election year. >> right. >> i'm glad you brought it up. whether you hate him or like him, president trump, this is a great time to buy a home rates are incredible and there's tremendous value there is still -- there are a lot of good homes for sale that you're building. >> the market -- the inventory is tight there are a lot of good homes for sale i agree, it is a great time. i think i saw a stat in the last couple of days, jim, that with the rate difference that we've seen in the last 12 months, that's opened up homeownership for probably more than 5 million families that can afford today's median priced home. >> that's why i was so glad. i wanted you to talk about your bar bell strategy. it makes so much sense for people in your position. >> we are big believers. we build for all consumer groups we absolutely have focused on that first-time. you and i have talked before, that first time has a number of different kind of subsets within itself >> right >> it's got most affordable product in different parts of the country. could be attached product. could be very simplified product. all the way to what i would call that professional first-timer. >> right >> but then you look at the boomers and you look at the wealth and their ability to move and mover rates, following their grandchildren, their balance sheets are 55 plus lifestyle communities across the country are doing fabulous. >> do you think there is a correlation between buying a home and the stock market? >> yes, for some consumers. >> but enough that it might at the margin impact your business? >> today the consumer's feeling very, very good about the stock market, their personal balance sheets but if i think back over time where the stock market's gone through some, you know, turbulent times -- >> right. >> -- i think that 55 buyer thinks a little harder depends on why they're moving. i would tell you that first time move up buyer, it's more about the job, more about life stage. >> let me ask. i know this is more esg, so to speak. you recently were recognized as a repeat member of bloomberg's gender equality index. companies committed to transparency in gender reporting and advancing women's equality this is not talked about nearly enough you do things where there's a paragraph. you're supposed to go back to the price of wood or how much windows cost tell me about this this was a very blunt article about why aren't there more women ceos we try to have every single one on what is happening? >> i think i saw a number this week that said something like 6%. >> yeah. >> yeah, i'm very pleased about our organization and the way we've approached this. i'll be honest, jim, we actually don't have quotas in the company. >> okay. >> we don't even have any affinity programs. what we do have is a bias of putting the best person in every job. when i look at management, it's 50-50. >> my spouse is the one -- i got to look at the most recent house we bought. i was thrilled she made the decision and to check off the box she had me see it i didn't know she had put in a bid. >> wow >> i think it's okay those are set -- i look at the stock market i don't think i'm that unusual. >> you're not. very interesting i could go back 10, 15 years the female was the veto vote today they are more and more the decision maker in that happy wife happy life. >> i agree what can we do or what can i do in journalism, i don't care, so that the numbers are different >> well, i think it has to be a ground swell i would -- it might be a silly analogy, jim, but i would put it very similar to vets that's a wonderful work force, right? if we get vets in the organization, they want to work in a place where they feel like they're appreciated, understood. and for me, jim, it's not just gender we should be talking about, it's true diversity. >> yes yes. >> the benefit to our organization is we have different people thinking about the same problems differently. it gets us to a different place and that's what corporate america is missing today. >> i'm glad you're bringing it up and we get to talk about it i want to talk about the price of wood but i want to talk about this more important that's cheryl palmer chairman and ceo of taylor morrison home. i love the home builders ever since jay powell stopped the economy with the rate increases and went the other way "mad money" is back after the break. apps are used everywhere... except work. why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com it is time it's time for the lightning round. and then the lightning round is over are you ready, skee-daddy. >> caller: mr. cramer, two questions. when do you ever sleep that's my first question because i see you at 9:00 in the morning and then i see you at 6:00 in the evening. so i'm just wondering if you ever sleep anyway, my second question is concerning ge. >> i like ge i get a cat nap every now and then when they bring the mattress before the stock exchange we bought it did a big, big takeout on it when we did our club call. i urge you to join the club and find out that's the best way to play the return of the max. i may go to bed tonight, i may not. keith in florida keith. >> caller: jimmy jo. >> yo. >> caller: double boo-yah, my man. >> there you go. you've got the moniker correct let's go to work >> caller: professor, what do you hear, what do you say concerning abmd? >> i don't know. it's on fire and then it just kind of collapsed and that's why i'm sending people to edwards life sciences. that's what you go to. edwards. joe in indiana. >> caller: boo yeah, jim love your show thanks for what you do. >> you're quite welcome. >> caller: a 15 second equation to help me solve when you add up the fact that tv station charge more for political ads plus mike bloomberg says he'll spend a billion for himself and that gray television ticker gtn has tons of stations in super tuesday battleground states do you think that equals opportunity? >> you get the opportunity, it will come and go and you talk about a trade. you want to do that trade, that's fine. with the trade comes the buy and the sell steven in illinois steven >> caller: boo-yah, jim from the windy city. >> fantastic what's up? >> caller: i was calling about century link i was interested in a year ago as a dividend k. the company has some good news lately they've restructured some debt and gotten some big tax breaks that's stopping them from being a 25 to $30 stock. >> which one is it >> caller: century link. >> the growth is going to peak out again and you have to start this thing all over because it is still a no growth stock i don't want you in it i think you should sell the stock. let's go to rush in california rush >> caller: boo-yah. >> boo-yah >> caller: hey, jim. i've been watching your show since 2005 i wanted to say i would do anything to get my hand on the bull you have in there >> we'll get into that we're going to send you one. >> caller: good. i'd love one anyways, what are your thoughts on vvnt. >> it had a pop. honestly i'd rather buy tesla because they have battery power. a good thing going that's the way i would do it those who don't like tesla because the stock broke, i urge you to think, why did you earn it to begin with paris in massachusetts which i didn't know was in massachusetts. paris. >> caller: boo-yah to you, jim. >> boo-yah. >> caller: thank you for taking my call. i'm a first time caller and a long time listener i'm interested in 5g and calling about acoustics, akts. >> well, you stumped me on that. the old akoustis it sounds like an illness. i'm going to study it and get back to you. that, ladies and gentlemen, is the conclusion of the lightning round. the lightning round is sponsored by t.d. ameritrade first-time caller, long-time viewer i've read all of your books. >> fantastic i might be cooking up a new one ♪ i'm so excited ♪ i'm so excited >> boo-yah, dr. cramer >> here's johnny >> parts of the health care system shut up. >> boo-yah from montana. >> i love that i've been there a couple of times. it's beautiful anyone want to go to greece with me >> jimmy jo. >> yo, you've got the chill man. >> party. >> between the democratic disarray in iowa, i don't know if you noticed that, it was pretty palpable. >> i don't like this with td ameritrade you've got courses, tools, and help from pros. it's almost like you're training me to become an even smarter, stronger investor. exactly. ♪(rocky theme music) fifty-six straight, come on! that's it, left trade right trade. come on another trade, i want to see it! more! ♪ 80s-style training montage? yeah. happens all the time. ♪ othroughout the country for the past twelve years, mr. michael bloomberg is here. vo: leadership in action. mayor bloomberg and president obama worked together in the fight for gun safety laws, to improve education, and to develop innovative ways to help teens gain the skills needed to find good jobs. obama: at a time when washington is divided in old ideological battles he shows us what can be achieved when we bring people together to seek pragmatic solutions. bloomberg: i'm mike bloomberg and i approve this message. even though this was indeed an ugly day for the averages, good week though we had some phenomenal moves take sin nap particulars which makes human interface solutions between humans and other devices. touch screens, fingertip censors and stuff that makes it fun to fool around with technology. this company reported a blowout quarter. more than 20%. for years though this was a problematic stock plunging from $100 at its highs down to the mid 20s last spring after they fired their old ceo. in august they brought in a new ceo. he did it in record time we'll have to find out how he did that the stock is in the mid 80s. the market is not overreacting the results were incredible. they earned $2.04 per share. wall street was looking for $1.45. up 14% versus the previous quarter. management gave very bullish guidance they're strengthening their p.c. business and smart phones where apple is their number one customer although it's very difficult. apple doesn't like customers to talk about their company can this stock keep growing? let's check in with michael hurlston he's the turn around artist and president and ceo of synaptics >> thanks for having me on. >> tell me how you did it. this is a turn that is of remarkable proportions which is why i was so thrilled you were on the show. that's a very quick turn for a company that, frankly, i had just stopped paying attention to >> i appreciate that i think there's been a lot of hard work that's gone into it. i think there was some setup even before i arrived to be honest with you with the team that was in place. they did a great job paving the way. but we've really focused a lot more on gross margin and trying to improve our gross margin rather than focus on top line revenue and we've made some decisions to trade revenue for gross margin and that seems to be paying off. >> that's with the divestment of a division that to me was integral at one point to your operation just doesn't fit in. >> yeah, that business is a nice revenue for us, but frankly the gross margins are below our average and we saw a path where that was going to deteriorate a little bit more. so we sold it to a chinese consortium i think they're going to do great with the business. it helps us get more improvement on the gross margin. so things are looking up >> you brought up the chinese. i know it's about the consortium you gave good guidance for the next quarter although of course we know that apple, which i know they don't like people to talk about. but a lot of producers just say -- who are in china are very worried about this lunar new year, when it ends, whether it's going to -- people are going to come back to work or not do you have enough parts to continue your dominance? >> yeah. i think we were conservative in our guidance we don't understand all of the ramifications of this coronavirus. i don't think anybody does factories are coming back online monday so it's a little bit early to tell. we took a conservative approach, as you said in your comments, guidance was still strong. we still feel pretty good about the next quarter but it's kind of hard to call. >> so you think they are going to come back online? apple just said give it a couple more days. your contacts are confident that things are going to -- i know it's never going to be back to normal but you're going to be able to get product? >> we think so, jim. i think we're -- we've go the a decent footprint in china and our folks are coming back to work on monday, which is of course sunday here >> right >> and we feel pretty good about it what it means downstream in terms of demand or people still buying in china when they're hold up in their homes, hard for us to say, but that's not going to be something that we'll see in the next couple quarters. it's probably further out than that, then we'll be able to measure it more. >> you can't see, but i have the touchscreen. it's the hp. i'm never going back it is probably the most exciting thing. i have another pc over here that is not a touchscreen and i keep touching it. once you're hooked on it, it is incredible how many people have the unbelievably cool touchscreen versus the static? >> yeah, i think that where we're going with touchscreen is on both mobile phones and on the touch pads on pcs, that's where we make our hay. we've done a terrific job. we've been in the pc market for a long, long time, and the touch controllers and fingerprints are part of our story this quarter that's -- those numbers were good, better than expected, and we're going to continue to play in that pc market. >> now when i look at the other -- the i.o.t., very important. you've got a bunch of other uses for it that i don't see, but i see auto i always get worried about auto. are we doing okay? >> so our footprint in automotive is pretty small what we've been able to do is leverage the same touch and display technology that we have in mobile phones and we've been able to port that over to automotive so automotive displays, as you know, are getting bigger and bigger you've got these pillar to post displays, very, very large and the same technology that goes into small mobile phones applies there. we've been able to take our technology and scale it over to automotive. >> i just think that's fantastic. you're behind a lot of the excitement that goes on. i'm so glad you can think it can continue and you gave the great guidance i do hope the factories open everybody is safe and sin nap particulars gets to dominate thank you so much to michael hulston. president and ceo of synaptics. >> thank you for having me on. stocks go up like this they're rarely done going up this is a sensational story. stay with cramer one of the products i helped develop at 3m was a more secure diaper closure. there were babies involved... and they weren't saying much. that's what we do at 3m, we listen to people, even those who don't have a voice. we are people helping people. ♪you can file it you can do it, you can file it you can do it♪ ♪we can help you get through it. get it filed nothing to it♪ ♪all people ♪all people are tax people♪ intuit turbotax stay right there because you do not want to miss the cnbc special report, yes, on the coronavirus outbreak and it's hosted by brian sullivan coming up next. more relevant than ever. i do want to point out that next week is a key week and i understand that there are a lot of people worried about the chinese stock market i think the chinese sellers are going to walk away there are other people worried about the chinese supply chain the government is going to make it so that the supply chain is protected. i like to always say there is a bull market somewhere. i promise to find it for you right here on good evening, we are now on day 39 of what has become a global pandemic, the coronavirus outbreak american cruise lines issue iin guidelines among them, no people with chinese passports to board ships. this as the world health organization is urging everyone not to hoard protective gear >> new concerns the coronavirus is about to hit the u.s. infectious disease and public health officials warn cases may multiply next week >> this is a serious global public health situation.