Transcripts For CNBC Mad Money 20240711

Moo its biden versus trump trump stock, trump stock. Both of which are going in surprising directions. If you you thought the election is over, the president is trying to do an end run around the results and fighting tooth to nail today the dow lost 222 point [ screaming the s p 500 declined points at 8 . Nasdaq dipped 2. 2 hey. I know it didnt feel like it was so bad but if you were in the nasdaq except for a couple of names, wow. They crushed it. Why dont we start there with next weeks game olympian . On monday morning we are coming in and, sadly, im betting we pass the 200,000 mark. Thats right 200 thousa,000 thousand cases an the virus is hurting business. If not monday, tuesday, wednesday, a question of when, not if i know there is a sense that we have had a big vshaped recovery which is terrific. But our inability to stop the spread is putting a crimp on business orders and retail sales. Just yesterday, work day, reported a solid quarter we have the coceos on the show but they mentioned on the Conference Call they cant be sure about the picture because covid19 is out of control suddenly a stock up 12 bucks a uturn and crushed finished today down 21 dollars without another big stimulus package its a very tough winter at the same time, we still dont know when we are going to be able to get vaccinated it doesnt seem like there is a plan, just a bunch of rumors which is unfortunate because we need to Prioritize Health care workers and the people most at risk but you know what its up to the states. States dont have any money. They dont have any organization the market has been able to weather this horrific outbreak because we know the vaccine is on its way and thanks to the good works of pfizer and moderna. Without clarity a chance Money Managers are going to start freaking out about the near term and what you have to worry they are freaking out and dump stocks. Now now im betting the vaccine only wins out and emphasis on ultimately, though in the meantime, more than a million new covid cases a week could drag things down when you consider over 225,000 americans have already decide from this disease. If that wasnt enough already, we still need to worry about the election joe biden won. But President Trump refuses to concede and he is going to Great Lengths to try to overturn the results. He says he plans to prosecute the voter fraud claims and a lot of people say please do. Bulls are hoping the high level republicans will urge trump to throw in the towel but the president believes he is on a roll and bears expect a barrage of new olgs allegations on mondn not get the michigan results thrown out and new dispute or at least the way to frame a dispute in georgia after the hand count that apparently is coming too. If he somehow manages to pull both of these off he still needs to flip another state to win which is incredibly unlikely but, man, the markets hate uncertainty and right now, a double dose of it from covid and the unconceded election. President trumps headlines far more than you see president elect bidens headlines. Tuesday huge earnings day. Unusual week for thanksgiving. Best buy has been cleaning up thanks to the pandemic i think it will be a blowout meaning a good chance best buy rallies on the news. Here is a quandary what to do with dollar tree . I think they are having a breakout quarter but nothing happens. The gains have all been dollar jp their arch rival. Too risky to buy ahead of the quarter. Foot locker delivered terrific numbers today yet its stock was slammed. Same thing i think is happening with Dicks Sporting Goods on tuesday morning. Coming in too hot. Discount chains have a good run this week. The last one report should give you more of the same its been a consistent winner and i bet it maintains that tradition. Next we hear from med tronic and maybe sales could be light this is a medical device and people are postponing operations because they dont want to get covid going to hospital. If medtronnic gets hit im a buyer because the vaccine is coming then hormel foods. In the spring the package food stock screamed higher too. My guess this happens again now that the restaurants are being shut down again. Smucker reports too but unlike hormel its widely inconsistent. Jif peanut but then area meow mix. Spam i prefer that we get reports from three Tech Companies i like very much analog and dell. I know work day put a scare into us what covid means for tech but i suspect all three will have a better idea now after what happened last night how to explain the obvious without freaking people out. I think the ceo was stating the obvious. There is covid come on. Dell has been a horse. But vmware is up earlier this week kohls posted optimal number until wall street had expectations i wouldnt be surprised if we see the same from nordstrom on tuesday afternoon. Its called baff, right . Its better than feared. Whatever, trust me even though its spelled differently. This is my absolutely favorite of all these last week we talked about the trade. Not laguardia. Lag. This is an idea we stole appropriate. We got from jpmorgans and best analyst in the business. It stands for three stocks that he likes lbrands American Eagle outfitters and gap. Bath and body works business in a pandemic people like soap. I say press the lag bet. Buy some American Eagle outfitters and gap before they report on tuesday night. I know what youre thinking. These are tainted brands but they both made remarkable business comebacks and i think youll seal the fruits of that when they report their earnings and people are still late to the party and want in 16 they want this one this goes much higher. I saw Banana Republic ad the other day. I bought nothing wednesday morning your reports feed the world theme is tremendous and prices for the whole agricultural complex are sky on account rocketing that said time to buy the stock of deer. This is an odd stock the stocks rallied almost 50 for the year poll is back remember the deer textbook played on president elect president elect biden ratcheting down the tensions with china you hear about a new accord with the Chinese Communist party, a big deal i do this every year it never works you put your hand down like that and doesnt work because a thing called the telestrator do this. These represent your fingers and that is your thumb because im a child. On wednesday marks the beginning of a seasonably strong period of this day here. If you believe history will repeat itself this year as it often does you might want to get along the market on tuesday and get ahead of this, no trading on thanksgiving friday is like the greatest day ever shop bottom line. Once we make it through the push and pull of the virus and disputed election next week, back to buying the up stocks oh, did you it is the upstocks were up . Not kidding a down day wow they are up how did he do that presto companies do it, not me. I talked about these winners for 2020 that should keep winning until the ends of the year someone say do you still like them. I wrote this 18 hours ago eric in michigan caller hello again thanks for taking my call. Of course. I bought home Ticker Symbol home in the summer around 9 they are up to 22 and came crashing down after their preearnings announcement a few weeks ago. My question on home do you think a good stock to home after we return to normalcy or is this only a covid play . Do you see the stock going higher next year i think that its between a covid play and something that i would describe as not as good as wayfare but better than that lee came on the show when the stock was like five bucks. I think the stock has five, six bucks outside but im not crazy about furniture except if its Williams Sonoma how did ted in washington . Ted caller jim. Ted. Caller sad outcome for your eagles. Youre presuming we are going to lose this weekend i think we are going to crush cleveland. I hope so caller first time long time activity alerts member. Excellent. Caller thank you for your help youve given us over the years. Thank you. Caller past spring people were buying motorcycles rvs and et cetera. We had the jump in home sales often firsttime home buyers lately, we have had the new and used auto market going crazy you provided us with various ways to invest in these. Camping world, brunswick and several others. Love those caller it seems to me they auld need insurance so i did allstate and Progressive Research i have added to it a bit the last couple of weeks since pgr is reporting next week, im curious what your thoughts with my theory and investment choice. Interesting on sunday i do not want to be at home with Baker Mayfield when the defense comes to town coach schwartz has got something ready for him i think progressive is a classically Great Company and felt that many years when i was at Goldman Sachs the only Insurance Company we ever recommended other than chubb i think youll be fine lets go to jaime in california caller buou, jim [ inaudible ] on november 23rd is it a buy or sell on consumer graphics very tough. A report on monday so i dont want to stick a gun to my head i would say take that gun away from my head im a believer what is going on there in terms of fashion but think the stocks have run up because we saw such big gains after target urban is now in the danger zone. I think they will do well but the stocks had a big run and i dont know if i want to be there. The markets in the grips of the virus and the election outcome. But once we make it through there, and go through the push and pull, we go back to the anointed winners dont forget this is where is it remember this one this is Todd Mckinnon who is just like liam in stake it. With thanksgiving less than a week ago, Williams Sonoma top brass find out what the company is cooking up and take a closer look at its earnings which were a blowout. Covid cases continue to climb but news that pfizer has filed for emergency use authorization for its vaccine and the fda considering it maybe december 1 what does it mean for the ventilator maker over own over again the pandemic has forced companies to embrace digitization much faster than they were planning to do or how they nuknew to do they are making a killing. Some of them have sold off since the vaccine news but not all of them Zebra Technologies is a major player in the enterprise access intelligent place to track people from equipment to data and key arms dealer no any company that wants to improve Logistics Network and Health Care Providers that need to be desperately more efficient since two weeks ago its hot stock has exploded higher. Doesnt hurt their in this helps fight covid from tracking test samples to making sure people say socially distance in the workplace and helping out the whole chain of the way you get a product inside your car from the store and then, of course, they actually do a ton on cold storage. We got to find out about right now. Lets check in with the ceo of Zebra Technologies welcome to the show, anderson. Thank you great to be back. I think that this whole getting a very cold product to everybody can only really be handled by zebra tell me what youre doing to get the vaccines to us. Yeah. First, you know, we have been helping with all sort of things around health care where popup facilities, drivethru facilities and so forth. But specifically when it comes to the vaccine transportation you can say the high level its supply chain like any other but it has this unique wrinkle of being a very cold chain supply chain. So we have a solution called temp time that basically our vaccine labels can be in boxes and pallets it changes color based on the temperature exposure so we can have the Quality Control be the vaccine to make sure when it is injected in somebody and administered within the type temperature range to maximize efficiency now we have Software Applications we have a module which helps pharmacies and others to schedule all of the patients who want to come in and be injected. Really . We have the capability the things i was worried about would my dose go bad because it got too hot and no one would be able to handle the influx of people youre telling me zebra is making these things happen we started doing our best and working with lots of different players in the industry to make sure we can offer our support and help to make this as seamless process as possible. Also it seems as if when i want touchless contactless major change that we all know they have to bring in zebra to make it work. Yeah. We work in a lot of areas around the whole safety area around covid. We do motion works proximity this is our solution to do Contact Tracing. We have sold it to a number of customers but implement in our own facilities it has the ability to do Contact Tracing if you need to go back and see who somebody has been in contact with but it also has a realtime beep if you get less than six foot from somebody so it kind of helps you to remind people to in realtime to do social distancing. Do you have any competitors on any of these things there are other solutions out there but we have the edge on the accuracy certainly and realtime aspect of it. I think people have to understand the journey of your company. There was a time people thought you were a bar code company. Its not evolution but a revolution. We come a long way and last six or seven years and combined with another business had a nice track record and solutions have certainly expanded. Youre mention our Intelligence Mission i think that is truly resonated with our customers and position as a thought in the industry. You also had Global Shopper study i looked at. Amazing number people like selfcheck out i guess im old. I like a checker young people like selfcheckout, huh . Selfcheckout has been more popular also during covid as it is a way for people to do social we try for people of our age be more technology to make it easier and have a color camera in the scanner that detect if youre trying to buy a green apple as compared to a pear or banana youve got some great stats you gave recently at a conference you said that we have increased up to 42 and 30 for our scanning business but youre like for mobile computing the number two player has about 13 share and we have 60 share the most popular one you have 60 for android and enterprise devices we have 60 market share and a space we were one of the pioneers to really create that space and that has been a great growth driver for us still has a lot of new applications and new cases to drive demand. Of all the things you said i feel better about the supply chain. I was very upset earlier this morning and talking about a doctor he said we are getting this stuff to the drugstores and i thought the drugstores dry ice wont know what to do. Everyone will nope what to do if the color goes wrong zebra says the color goes wrong you have to throw it away, right thats right. Makes it simple. We have used these solutions for several years and primarily in the emerging markets, africa or so but they can work in any environment. Wow youve reinvented and reinvented and now all alone. What a great situation youre in i want to congratulate you anders g s gustaffson, thank yo joining us welcome to a better way to live. Welcome to my house do you wanna see something really cool . My man cave. Another sharma . Its a place to relax. Its hot in here. Uh, you might be more comfortable if you removed your fur pelt. I already did. Oh. Hey, son no dad, its a video call. You got to move the phone in front of you like. Like its a mirror, dad. You know . Alright, okay. Hows that . Is that how you hold a mirror . [ding] power e trade gives you an awardwinning mobile app with powerful, easytouse tools and interactive charts to give you an edge, 24 7 support when you need it the most plus 0 commissions for online u. S. Listed stocks. Dont get mad. Get e trade and start trading today. Hi, my name is sam davis and im going to tell you about exciting plans available to anyone with medicare. Many plans provide broad coverage and still may save you money on monthly premiums and Prescription Drugs. With original medicare youre covered for hospital stays and Doctor Office visits, but you have to meet a deductible for each and then, youre still responsible for 20 percent of the cost. Next, lets look at a Medicare Supplement plan. As you can see they cover the same things as original medicare, and they also cover your medicare deductibles and coinsurance, but they often have higher monthly premiums and no Prescription Drug coverage. 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There is no obligation, so call the number on your screen right now to see if your doctor is in our network, to find out if you can save on your prescriptions, and to get our free decision guide. Humana a more human way to healthcare. Look at Williams Sonoma go the last time we checked in with in late august the stock was hammered in the great quarter because management didnt want to give guidance i said buy the stock and last night Williams Sonoma reported another blowout quarter. A monster dollar per share earnings beat. A dollar sales up 31 year over year. This time the investors learned a lesson the stock jumped 6 . Nice gain here the darn thing sells for less than which is cheap. Dont take take it from me lets hear from laura alber. Welcome back. Thank you for having me. I followed your company for years believe it or not from mr. Lesters days whom i had the pleasure to meet ive never seen this happen. I quote julie your cfo over you to start our performance is on fire when was it all last brands . You know, we had only a few brands in the beginning so, of course, i remember that. When we were in a similar situation which we couldnt get enough inventory to meet the demand ive seen that and seen the recession. Im just so proud of where we are today and that all of the investments we have made and all of the stuff we have been working on is coming to fruition its great to see. Its unfortunate that the pandemic is going on but before the pandemic we were seeing Great Results and ten com until the pandemic happened. We think we are in very good position and thrilled to talk to you about that today. Everyone is just beginning to realize you have to make a different percentage of your business ecommerce. Target was the star of the week and not near you yet your ratio continues to get better and better and youre still brick and mortar but you decided to keep some brick and mortar why . Its Digital First but not digital only one of our competitor advantages maybe the most important ones is that we have Omni Services and customers particularly in the Home Business love to sit on sofas and love to go to stores and we have great sorkassociates furnish your home. You can look at things in 3d and do virtual classes at home we are predominantly investing in ecommerce. I started 25 years ago and we had almost 40 catalog business but because of those years in a row of investment, we sit in a very good place right now with a very sophisticated platform that can take a lot more volume than what we are putting through. What i think of your company, a lot of different terms you talk about all of them but the two coming to my mind are resilience which is what youve gone through and relevance. For instance, i opened the refrigerator last night and these pomegranate in the refrigerator i asked my wife what are these for . They are for pomegranate cosmos. Where do i find that its a thanksgiving feast. I know a lot of people feature it but this is the most relevant ive seen for thanksgiving how is it doing . We have focused on relevant market and thanksgiving is important for us and we pivoted our market for people having smaller thanksgivings and we have done outdoor thanksgiving and make that comfortable for your family. We are selling smaller turkeys and do all of that we love her she is amazing we are also doing virtual classes. We have had some incredible amount of people join our virtual classes which, by the way, are not free. Right make money why is she regarded the savior of all things pandemic nobody has a better cookbook than ina her food is fantastic. Even if you like lean food, its great to make one dish and that meal that is a decadent. People love that. Tell me about each room the reason i say that because the great Marvin Ellison said this week to us now youre home is your kitchen but its also your workplace but its your entertainment place and now its your school room every one of those plays into your strengths shrachl. We have always been in the best industry, i think people love their homes. Its their biggest asset and now we have been in them a lot longer than we wanted to be. We realize the investment in your home has a nice payback but makes your life more comfortable. We know that is going to continue we know people when they buy something from us this year are more likely to buy from us next year, because we are in their home we have seen it across brands and categories and areas wouldnt have expected the obvious categories but new and upcoming ones. You can see that people did the obvious things and now they are getting to everything and buying lots of sofas right now. What are the upcoming ones . I said they are buying lots of sofas right now Williams Sonoma yes. That is a very youre getting into a very competitive category with furniture and those are large items. You dont just you dont pick them up at the short hills mall Williams Sonoma. You buy furniture from brands you trust. We are selling a lot online and selling a lot in stores. How about 3d and west elm now. I want to be able to visualize everything a few years ago you told us that you were going to get to great 3d are you now satisfied what you have we will never be dissatisfied because you can always do better we meat great progress in inspiring our customer online so they are not seeing a single product image with type but see that product and see it in other peoples home through ugc and see it meoving and video and 3d in their own homes and its coming together so you can make a better decision. People decided not to spend money going out and blowing money on vacation. We cant any way what they are doing, though, is buying Higher Quality even more expensive stuff. Are you a beneficiary of the stayathome people who cant go out and waste a lot of money on a good dinner . Well, its definitely, you know, true that people are spending more time in their home and, therefore, more money in their home we saw an uptick in our business before the pandemic. You were ten. Yeah. We were working really hard on new Business Opportunities that really expand. Not just our brands but cross brand opportunity. So we have built in the midst of all this which is pretty i think you wouldnt expect it, very large businesstobusiness business which is, you know, sort of an annuity in that people come back and buy from you and do more hotels and more coffee shops we have a dynamic team and we have gotten a lot of our furniture to be contract grade and we are excited about the future of that business. That is one example of some of the other things we are doing that give us much longer term staying power than just the pandemic. One last question and we got to go. How long can we eat outside with our heaters . How long can we continue the process of having gettogethers that are socially distant and still fun . I think it depends where you live i would suggest you try and wrap yourself up and get those heaters out and enjoy your wonderful thanksgiving. Got you happy thanksgiving to you, laura albers, the president of Williams Sonom this is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. At a time when mass va vaccinations are on the way and pandemic is out of control what about this has seen its stock explode higher the past few weeks . They focus on respiratory disorders and sleep apnea machines like that they have been able to pivot fighting covid because they are ventilators and late last month the Company Reported a monthly quarter toot stock from 180 to 220 in a matter of days and since then pulled back to 211. I think the stock still works here they will get a boost in the sleep apnea business once we beat the virus and people can see their doctors again. Lets dig deeper with the ceo of resmed and get a better sense of his companys prospects. Welcome back to the show jim, great to be back on omd money with you even through the virtual screen. Thank you the last time we talked to each other you had come up with a solution to make ventilators that ten times more effective than anybody else. Since then, there have been even more things that have happened to me have gone your way in terms of the recognition that digital medicine is here and that you are a company that benefits immensely from digital medicine. Absolutely, we do, jim. Youre right we visited last time i was on the program was april in the midst of the crisis we pivoted what is a small singledigit percentage of our business in ventilators and we made 150,000 ventilators from january 1 through june 30. That is 350 of our normal production in that aerodynamic pen we were 500 on our life support ventilators and got those ventilators to hundreds of Countries Worldwide and saved many lives as we are now moving forward and 35 million worth of sales in ventilators in the sorry, 125 million of sales in june for the ventilators and 40 million in sales in September Quarter we expect that to go down to here in the december quarter we are doing what you said we are pivoting back to our core business of sleep apnea, copd and asthma we are using what happened in this crisis lots of suffering in this crisis and many people affected but some blessings that come out of suvergfferings i spent more time with my family and we have seen the importance of Digital Health take off we have seen the importance of respiratory health and hygiene take off the thought of covid impact are your lungs make people get more masks and thirdly enfinally raises the importance of treating people outside of the hot. Low cost settings like home and hospice and school medical facilities and Home Medical Equipment and that is where we win. You have a lofty goal 2025, 250 lives improved how is that possible nick, you know i love your company and have forever that is a pretty lofty goal. It is youve been following us ten years. We have set lofty goals before and achieved them. If you add up the prevalence of seep apnea in the world people suffer with that, and add in the 390 Million People worldwide have wrong obstructive pulmonary disease. 250 million is just a small portion of that total market i say its amazing but maybe its not ambitious enough. Just to put it in reality the last 12 months, we made over 15 million cpap, and other devices and full mask systems and taken care of 100 million patients in our air solutions and metrics care and other platforms and 1506 million lives we changed in the last 12 months we have to compound annual growth rate at double digits on that volume every year 2021 and 2025 and achieve our goals impacting that many lives in 2025. Ive been thinking about that and especially you have a new mask technology. What would you say to the idea because of the pandemic and hard to breathe, should everyone have a prescription and get a cpap machine and have it in their house . Jim, i love your optimism and the idea of the prophylactic disease that is out there. I think im more realistic around the fact lets focus on the 936 Million People worldwide who clinically suffocate enough that a doctor can write them a prescription for a cpap device and take care of them. I think some consumer applications in store and disrupted sleep could impact beyond that. What we saw, covid19 has completely changed the way people look at respiratory health we sought utilization on our propeller app jump up double digits of the crisis because the news wouldnt stop, the media wouldnt stop talking about covid19, this huge pandemic people increased their use of copd and asthma meds so respiratory help is more important. We made acquisition of snap technologies for resupply of masks, tubings and accessories for cpap and apnea patients and saw that step up double digits so skepticism in the march order with toilet paper. March and june quarter and September Quarter we started and threequarters makes a trend we think that is a permanent change. Talk about hygiene. Are a part of that bull market in hygiene. Absolutely. We are respiratory health and hygiene. Im a personal user of our product. As you know. Yes, i do. Seven years ago when i first came on the program. Yes, i do. I use that device every night. What i find when i replace with a new mask its like getting into a new car i get reinvigorated into my therapy, my sleep apnea therapy and my adherence rates go up and not just equals one from the ceo. We have done a big statistically analysis on the 7. 5 billion nights of medical data we have with over 14 million patients and 12 million, 100 cloud connectible devices and we have proved that if you are on a regular respiratory Hygiene Program to get a new mask, get new tubing, you adhere to therapy more which lowers cost for the Health Care System and improves your health and we think bends the curve of chronic disease in sleep apnea and copd and asthma and other like how cardiovascular and diabetes. Youve done a remarkable job and im proud of our relationship because ive followed you people say what is sleep apnea ive had the privilege of using some of your stuff so i know thank you for joining me guys, this is a very cheap stock in the Health Care Device sector and i think its fantastic it is time for lightning round then its over are you ready . Steve in south dakota . Philadelphia gold goddard the tight end there. Wore wis it realistic to maybe think a year from now we could be back to them levels they have done so much and had to issue more stock. 40 million shares so i dont know whether it can get back there. I do know this if you play the long game the d. Not many players left in the cruise business. His will lift. His company will lift. He has things up his sleeve you feel safe cruising corey in new jersey . Caller how are you doing im not bad how about you . Caller too well. Thank you for the call big fan of the show. Want your thoughts on bristolmyers. They rang the bell today i think they are incredibly cheap ate just at 64 the other day and now 61 i bsay byebye. Mike in rhode island caller i know you have a lot of go on things to say about ncno a couple of weeks same feelings still . Cloud banking they own it. They are from wilmington, North Carolina if youve been there you know its not [ inaudible ] eric in florida joe was trashing a couple of people on twitter. What is going on caller back in march when the market tanked i decided to pull the trigger on Defense Aerospace stock and purchased one for 58. Three days ago for the First Time Ever and Intercontinental Ballistic Missile target was intercepted and destroyed outside of erarths atmosphere created by this company. I want to keep this stock long term what do you think about the strategy and the company itself for stock ticker rtx i thought great when they put those two together boeing will be flying. I like b. A. Very much under 200 is a giveaway to me and ragi ragiragio ragion ratheon is good. That is the end of the lightning round. Ratheon is good. That is the end of the lightning round. Ratheo is good. That is the end of the lightning round. For skin as alive as you are. Dont settle for silver gold bond champion your skin lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 nx 300 for 349 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. And well make your first months payment. Keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo stick to stocks, cramer. I get a dozen times a day on twitter and somebody who is convinced the election is rigged and think im in the tank for biden because i realize he was pronounced the winner. Absurd the fact i entertain the policy that President Trump could nullify the election is a huge concession given he has no legal path to victory at this point. Yeah he can try to fight it in court although his legal team have not been covering itself in glori s glorious we have a game plan for both scenarios. Im willing to consider both scenarios. Let me make this clear i think the most likely outcome the results of the election stand and biden becomes president whether trump likes it or not what happens to your portfolio if trump manages to pull it off . Maybe by strong arming state legislatures we will consider that too. First, the hottest stocks in this market are the stocks of the Auto Companies especially the ones with Renewable Energy kicker. However many of those need federal incentives think Hydrogen Fuel cells. The technology is not there yet what if a new president wants to subsidize that plug power and this other one is roaring. As much as i love to stick to stocks you need clarity who is the next president if you think these are worth owning green needs colossal subsidies to get equal second it seems like President Trump would love to turn his trade war with china into a cold war with china hes had had it with them and arguably good reason if you want to stick to stocks if trump overturns the election a lot of Chinese Business meaning orders are cancelled you have to believe that apple is next to be sacrificed semiconductor is roaring in a Biden White House more china friendly if you think trump stays in office those need to be sold too. Oil stocks are terrible under trump trump made it too easy to drill. U. S. Is the global swing producer now when we drill too much the price of crude gets crushed. Biden administration will make it harder to drill not just on federal lands which should send oil higher and that is why the oil stocks have been running since the election finally the restaurants. All of the experts insist that bars and restaurants are the ultimate covid hot spots biden said listen to the science when it comes to the pandemic and scientists are adamant the restaurants need to shut down. That means you dont want to own anything in this industry except the ones that figured out how to go all digital if they have to like chipotle. If chump can overturn the election the restaurants are more enticing but allowed to stay open this is a tough moment for indoor dining. Put it altogether and the story is the same in industry after industry if you try to stick to stocks in politics a real chance you get blindsided here. I say stick with whatever helps you make better investing decisions. Call me crazy but knowing for sure who the next president will be makes you a better stock picker. I like to say always a bulbull e somewhere and i promise to find it the news with Shepard Smith starts right now. Im Shepard Smith on cnbc, and this is the news he routinely meets with lawmakers from all across the country. False claims of victory, failed Court Challenges and now this the president pressures local officials to overturn a free and fair election. We can begin shipping the vaccine immediately. Closer to a cure. Pfizer applies for emergency approval now the new challenge, how to get the vaccine into the arms of the american people. Deadly