Transcripts For KWWL Mad Money 20151113

Because we have this bizarre confluence of so Many Companies prospects fading at exactly the same time that a parade of Federal Reserve officials came up with a need to raise rates. When you see stocks of hivequality Companies Like cummings or macys, and nordstrom tonight joining in with a really hideous rert, the last thing you would expect is for a grownup federal governor or president to squawk about the need to when copper is trading at levels not seen in years, when aluminum and iron are plummeting, kind of crazy for people in positions of power to keep talking about how we desperately need to raise Interest Rates, raise them. Its positively counter intuitive. With oil once again about to challenge the 3 level, who would think a lot of Federal Reserve officials would grab a against inflation. Im sorry. What inflation . I see deflation almost erywhere, except in wages. But clearly that is all that matters to the fed, because by any other calculus, Everything Else is going down, except for make bonein chicken and allnatural beef. Two pretty niche commodities, unless you own a restaurant like i do. If you didnt know any better, you would think these fed policy makers will talk about the need its a recipe for declining stock prices, and thats what youre getting. No matter, like ive told you repeatedly, as soon as the fed got the ammunition to raise rates in the form of last fridays very strong employment number, this market would go from being intermittently bearish, with a somewhat positive backdrop to outright bearish. Some some pockets of strength nd some pockets of excessive negativity. Thats exactly where we are right now. Remember, the fed has no mandate to preserve your stock portfolio. I have they critics who sayivity stocks who want highgh to to give your portfolio a boost. That is s st totally untrue. I absolutelylyo favor higher stock prices, cause more of you own i like stocks savings vehicles. I dont want you to lose money. Hey, thats my bias. However, i also dont want inflation to come e aring back. Even if stocks go higher, you wont do well in a raging inflation environment, simply because your purchasing power theres a very easy test that i use to assess the stock market, which is what we care about in cramerica can handle a rate hike. The text, simp. Is the economy so strong that it will slope, but not derail the goododhings that happened, will it be this this. All aboard or this . [ train whistling ] i think whenene have the situation where prices are coming down for so many good goods whether its the retail or supermarket, you dont need to be worriededbout a inflation. Unfortunately im not hearing these concerns from any fed officials that spoke today. The fed feels sanguine Everybody Knows them now. Its febook, amazon, netflfl and google now everybody the more Portfolio Managers pile into these names, the less i like them. Now, let me introduce you to into the situation that will work. Its a niche situation. Its stocks that reflectctot negative, but too Much Negative and can be bought either for trader investment, exhibit a is kohls, ere i shop for sogs wr slacks. But anyway, i got a very nice kohls from my house, nice place. Seven months ago. 25 upn six months. Accelerated with the got clobbered again. The market figured as bad as macys was, it would tore and when kohls delivered, the stock zoomed. Yeah, we got too negative and it took off. Macys does have more hurt by the strong dollar, i have never seen one of those leaders holding up a yellow flag or one of those umbrellas, with going into the kohls. I think that it would shockingly bad i clearly didnt spend enough when the wife took me there two weeks ago. I did damage to myself, but now everybody else is getting damaged. Hey, how about that popeyes louisiana kitchen. We had the ceo on today. I think the pharmaceutical companies could soon fit the bill. If theres a fedengendered slowdown theyll be are you ready skeedaddy . Bristolmyers. Its a stock that can be punikhed by rhetoric and the fact that its a member but bristolmyers is down almost 10 , and i want you to keep a eye on both General Mills and kimberlyclark. They reported terrific quarters, with the recent of the market. T. In fair theyre in consolidating industries. Plus the raw costs, eyre ought plummeting. They have less exposure to the strong dollar. Finally let me give you another one. They went down today. Oddly i believe as we see more and more challenges, youll begin to be questioned about spending morf on defense. In the nest 4,270 debates, im telling you this is what were going to talk about. We dont have enough aircraft power to project power in southeast asia. We made our army about as lean as it could be. Going into every president ial debate soon as the candidates trip over each other how they need a stronr army, navy, and air force. Its a fact we must accept that stocks will l t punished by all fed chatter, all, not, no matter what happens with commodities or even the data. Fed wants rates higher. Were on the lookout for stocks being overly punished by some sort of mistaken group think. When we see Capital Punishment being meteed out, well point them out before thth rebound. Its a harder way to make money, but still a way. Heres the bottom line. Well get through this period like the other 26 times since we bottomed back in 2009. Thats something you can count on. Jay in texas, jay . Caller hey, jim, happy new year, booyah jim bo. Im all over that. Whats going on . Caller my son and myself were longtime followers, first time caller. Im also a and my son goes to with a finance degree. Fantastic. Caller we do some analysis of reading your books, a a we have a question on hain celestial. I think the world of simon and hain, but when a compapa does not deliver the kind of itself wants, and ifsh irwin hes disappointed, im disappointed. Quarter to see if things get better. Its a great longterm investment because of natural and organic, but i cannot be jumping up and down say buy hain when he says some things about he was disappointed on, except for proteal. Alex in ohio . Caller booyah, jim. Booyah, alex. Caller i appreciate you. Im a big fan. I dont know how you do what you do, man. Sure trying. Its a tough day. Caller the question you have is regard to jetblue. Is it a good pickup for the long term . If it were down a couple bucks. The thing has been a horse, an absolute horse, but it hasnt come down enough for me to say i like it more than delta. I i ill like southwest m me. Need it to come down before i already y e market is getting punished for certain, but some stocks are getting its almost like theyre falsely being condemned. Keep an eye on these. We always get through it together. Cmon, when have we not . Grubhub is king when it comes to delivers delicious dinners, but the stock seems famimiarished to me. Then macys got slammed yet. Im telling you why the bear case extends far beyond the maul. Plus whats s xt . Can it continue . Eifert the ceo. So stick with cramer dont miss a second of mad money. Follow on twitter, have a question . Tweet cramer madtweets. Send jim an email. Or give us a call. Miss something . Head to madmoney. Cnbc. Com. The beast was as long as the boat. For seven hours, we did battle. Until i said. You will not beat. Meeeeee greg. What should i do with your fish . Gary. Just put it in the cooler. If youre a fishshman, you tell tales. Its what you do. If you want to save fifteen percent or more on car insurance, you switch to geico. Its what you do. Put the fish in the cooler weve got troublblin tummy town. Peptocopter pink relief is the first responder, so you can be a business boy wonder fix stomach trouble fast with pepto. Weve been changing things up with ky love. Oh yeah. Its a pleasure gel that magnifies both our sensations. It gives us chills in places weve never gotten chills before. Yeah, it makes us feel likik. Dare to feel more with new ky love. Americans. 83 try. To eat healthy. Yet up to 90 fall short inngetting. Key nutrients from food alone. Lets do more. Add one a day mens. Complete with key nutrients we may need. Plus it helps support healthy Blood Pressure with vitamin d and magnesium. One a day mens. Jill and kate use the same dishwasher. Same detergent. But only jill ends up with wet, spotty glasses. Kate adds finish jetdry with five power actions that dry dishes and prevent spots and film, so a a thats left is the shine. For better results, use finish jetdry. Strong hair can do anything just like you strong. Is beautiful pantene choose to move freely. Move free ultra has tripleaction support for your joints, cartilage and bones in one tiny pill. Move free ultra. Get your move on. And now try move free night. The first and only 2in1 joint and sleep supplement. All right. What the heck has happened to grubhub . Heres a company with the number one online food ordering platform, and cant make it ththugh the workweek without using their app to order yourself lunch. When grub hub became public back in april of last year, the market went gaga for that stuff. Hallelujah the darling of the highgrowth internet space. We were told they said disruptive technology. Thats transforming long stagnant restaurant takeout businesses. And they transformed the way many of us order food. So much easier t tdo it online than to pick up the phone, except for here, because we dont let our food travel. So fast forward to today. Alternates more that a year and a half after the ipo, its become a total dog, with a stock thats down more than 30 year to date. 30 . In fact its not trading a when, and perilously we need to ask ourselves something has it been punished too much . That its become a relative bargain . Or has the narrative here changed . Making the stock a lot less attractive t tn people initially thought . Even though its going down, your worst nightmare, youre a value guy . Lets begin at the beginning. All the excite s srted less than a year before the ipo, when the old that can let you use the web or your phone, to get takeout or deliveries in hundreds of cities nationwide. In addition to the grubhub seamless business, they own dining in and restaurants on the run, local companies it acquired earlier this year, and owns all menus. Com, both on online repose torrie of is menus. Plus the company has its order hub bubuness, by improving t t online ordering and delivers process. When grub hub finally became public, this this thing actually soared 30 . On its first gale of trading, a redhot internet stock. The bull case was pretty straightforward from the getgo. We heard how grub hub was a disruptor in a fragmented industry. The company talked about how its total Addressable Market could be 61 of all restaurants in the u. S. , and given that when grub hub became public, only 5 actually occurred officer the internet . Well, it was prettttnatural to assume this would be a very good longterm growth story. At the same time grub hub had all the share in the online delivery business, serving over 30,000 restaurants, 4. 3 million users, numbers that havent only so back then, they concluded that they had built a defensive, sustainable and increasingly profitable business propelled by some phenomenal apps, and a big motor around it. Plus like so many other companies, it wasnt hostage to advertising. This wasnt a stock shahhic only judge on page views or eyeballs. Commission worst at least 150 . Show higher on the, out of the gate, grub hub average commissions were 14. 2 , the Revenue Growth here looks spectacular, up 85 in the first year it became public. So its no surprise that grub hub worked its way higher, rallying up to 74 when it peakeded. 47, but then we reached l le april of 2015, and since then grub hub has plummeted down to where it is now, its almost cut in half. Its been a nightmare to own. So what exactly went wrong . First of all while its expanding rapidly, its slowed pretty dramatically, andndou knowowow these growth guys hate that. For example, in the last quarter, grub hub 38 Revenue Growth, but still dodo big from the 47 growth in the previous quarter, not to mention their fabulous 75 growth rate the year before. Thats a major deceleration. Remember, we like accelerating growth, and it makes you thing about most mates or ubereats or even, yes, whoa, amazon might finally be taking a toll on the cocoanys business. Its been trampled by a seemingly endless which came to a real crescendo when the of october. I mean, the Stock Plunged 23 in a single session. Wall street is now actininlike grub hub is road kill. And at thinks levels, the stock still trades at 23 times next years eststates. Itit a reasonable estimate, as long as the estimates dont keep being cut and theres no certainly about that. What was so terrible at the most recent quarter . It missed both the top and bottomline estimates, but also back the company spend these are just 9 headlines. Dig deeper. It starts to look look every aspect of this business is decelerating. Grubhubs take rate, the commission he get from each quarter was supposed to be growing. When grubhub came publbl, a lot might approach 20 , but its stuck at the level for the active user base is still growing. That growth race hag steadily decelerated. It increaseded by 41 , i know, sounds good year other over, down and 46 the quarter before that t tt should have given the number the boosts, right . You buy more and more business, absolute terms, expxpding a er base, its impressive. Relative to the which is what matters, it is disappointing. Perhaps worst of all, grub hubs daily orders, increased by just 22. 5 , down from 33 . Grubhub can say it was caused by allergy gists, buzz theres a clear trend, showing that grubhubs ground is indeed growing. A nightmare for the owners of the stock, which brings me to the other things that are unnerving investors, g gbhub has business, and into the delivery space, with actual drivers to take the food themselves rather than leaving everything to the restaurant. Management indicated theyll be spending 10 to 20 million to build out the delivery capacity next year. Theyre already delivering in 30 markets. With plans to move into 40 more. Theyve been vocal about the lowest delivery foos out there. The economics might be legislate ace tractive that is the easy to understand online ordering biz. And its the only way to fend off the rising competition from the likes of uber and, yes, post this companys earnings, the competition is too steep. When grubhub went public 1 months ago, lets just say there wasnt a lot of competition, but now theres a lot in this Online Food Delivery space. You can see it in the deceleratingngrowth rate. Maybe grubhub can n rn things around, but i suggest you wait to see if the growth here can stabilize. At the moment, this former high flyer has now entered the danger zone, making it way too risky for this guy. Weve been more mad money ahead. You thought the issues with macys just impacted the retailers . Wrong. Im telling you what else troubles me. When it comes to ordering peyes i say treat yourself, but it could also be a treat for your portfolio. I have the ceo, and also homework that could help make you money. Two new names. Stick with cramer. I took mucinex dm for my phlegmy cough. Yeah. But what about mike . It works on his cough too. Cough it works on his cough too. Mucinex dm relieves wet and dry coughs for 12 hours. Im lucky to get through a shift without a disaster. My bargain detergent couldnt keep up. So i switched to tide pods. Theyre super concentrated so i get a better clean. 15 cleaning ingredients or 90 . Dont pay for water, pay for clean. Thats my tide. Weve been changing things up with ky love. Oh yeah. Its a pleasure gel that magnifies both our sensations. It gives us chills in places weve never gotten chills before. Yeah, it makes us feel like. Dare to feel more with new ky love. To truly feel healthy on the outside you have to feel healthy. At your core. Trubiotics a probiotic from one a day naturally helps support both your digestive and immune health by combining. Two types of good bacteria. Trubiotics. Be true to your health. Guys listen up jake, put that down point it at the ground til your ready thats not the ground leo put that down when your day goes on and on, you need 48 hour odor protection that goes on clear for no whihi marks. Secret outlast clear gel. Jill and kate use the same dishwasher. Same detergent. But only jill ends up with wet, spotty gsses. Kate adds finish jetdry with five power actions that dry dishes and prevent spots and film, so all thats left is the shine. Wills suddenly become agagn a quandary. Is weighs on this market, and weighing on it hard. We know for months now, perhaps even this entire year, hedge funds which trade a relationships have sold is the stocks, ld them whenever outut has plummeted. If oil is going down, the economy is not stroke enough. Back in the soup. This is oil as barometer of strength oar weakness dicot mick that kicks in every time oil goes below 45. I have always thought the thesis behind the trade is a tad wrongheaded, because the vast majority, close to 85 are inseriously correlate lated to the price of out. Heres the issue, though, when you see the stock thats about macys or nordstrom get right before your eyes, and they do benefit, you get thrown off. One of the great undercurrents gasoline prices would translate to higher purchasing pow and for better earnings in a service economy. But the delivered says not so fast. That declining gasoline send adding up. Thats what made these last few days so jarring. We know its bad in the real world. Its like attacks. Sure macys and nordstrom got hurt by warm weather, but in the end it doesnt seem toby helping anybody in reality, even though we know in theory it has to be. I guess you could say that cheaper oil has become a pox on both of stock and real world houses. Worse yesterday, the saves grace of oil has that the winners with good Balance Sheets would start scooping up the loser and takeovers, the deal that was on everyones lips was exxon, the last behind anadarko, the Big Oil Spill had acted like a poison pill for this company. Now that it dissolved there were lots of reports that exxon would strike. Instead we learned one 36hour very strange news cycle that anadarko, again a good company, can approached a rival, apache, with an allstock bid. Felt compelled to issue a release. The result, apaches stock which had spiked on the rumor god crushed on the negative any that anadarko had walked away. Didnt matter. The selling continued. A tough group. Nonjed did we lease the commodity bid, we lost the takeover story. We were in a different posture. Retail clearly not coming through and not gang from oil believe me lower oil is causing a lot of the lower prices you are seeing, so what happens now . What do we want in especialtily if it doesnt seem to be helping anyone, and definitely hinders all the e mpanies that have become public, especially the Master Limited partnerships. Unfortately the economy doesnt seem Strong Enough to take the oil higher, plus it looks lie isis, which would always bess a geopolitical disruptor could be on the run because of the russian and kurdish fighters. Lower oil par docksically becomes part of the bear case, not the bull case, and only exacerbating the frs that are out there less the fed sends us back into the abyss of no growth. Can oil hold 40 . Bucs, but while it goes there expect more pain. Thats the nature of the oil patch, and today was one of the nastiest sessions of 2015, and im putting it at the feet of the collapse of oil. Ken in arizona, ken . Caller hey, jim, how are you . Aisle real good. Caller kendall morgan, wondering if there is any correlation pricewise to the decline in the price of oil. I dont think there should be. Secondly if these statements by bullard, dudley, lacquer and those at the fed talking about projected increases are playing into this thing . They sure are. I know rich kinder is the chairman, hes been buys stock, but the last quarter was not that good. And theyre all part of etfs and theyre all going down. People file like there sunday enough being pumped out, so the onil reason why you own the stocks typically are for the distributions. Kinder morgan, its wait and see. Luis in North Carolina . Caller yes. Thanks for taking the call. How are you . Caller good. People remodel and buying their homes need to put furniture in it. Im looking it the a little worrisome, but Interest Rates are probably going up. I know you like this company, were your favorites, the ceo has been on the show. The chart is showing. The Conference Call right in the middle of the holiday season. Tell us what we need to see going into it. Youre not going to like what im about to say, but im a devotee, and hes urged people that think short term, they should go. Multiple years. Those who are along for the ride i think will win, but those who are buying it for a quarter, worried right now, they shouldnt be in. Hes telling you, unless youre willing to think long term, dont over restoration hardware. I like his thinking. Oil is weighing on this market in a weird and bizarre way, but i think we can still expect more pain from declining oil. Could the latest quarter from popeyes louisiana kitchen be just what your portfolio is craving . Them im celebrating Throwback Thursday by revisiting some of the questions, and your calls. Rapid fire in tonights edition stick with cramer. We know that this has been a difficult time for most restaurant stocks, but at least one of the laggards seems to have gotten its groove back. Im talking about plki, the very wellrun Fried Chicken chain with 2,475 locations, most which are in this country, but a growing number overseas. Popeyes has had a tough year, the stock, not the company. Its down 9 , then the Company Reported some tremendous beat off the 47 basis, strong global samestore sales growth, up 6 . Management also raised the early hence why the stock vaulted 39 about the 41. Even after todays run, popeyes is only about four bucks above its lows. We have to wonder other not if it can clear climbing. I wouldnt by surprised if it continues to rally. So lets check in with the ceo of popeyes to learn about the quarter, welcome back to mad money. Thank you, jim. Good to see you. Everyone was saying every chain is versus trouble. You do four times that. What did popeyes do differently . We covered the country with exciting reasons to come in. Restaurants. That was up two points versus a year ago. Its a competitive category. This was a winning quarter. You talked about chile and peru, and can you put mohr restaurants there . Absolutely, jim. There is more around the world. Were in about 28 countries, and some are in 60. Some of some exileding stories where the brand has proved to be successful, and were excited to open those markets . One of the pillars is to accelerate risks, yet at the need superior real estate. A bunch of the restaurants have told me were beginning to run out of interesting Good Real Estate spots. Are you able to find the good real stade . Yes, youre right, but its a competitive world. Theres more competition. You have to have the sales there our units are opening up north of a million six. The under economics are excellent. That allows them to pay more for real estate. Were in a moment where a lot of people are worried about labor costs. Labor costs for your franchisees are are they starting to feel a pinch . I mean, one of the points we have always paid the minute one how would you describe to our viewers this nothing of National Minimum wage increase v. Who pop eyes can do for your shareholders . I tell the viewer the wage has already gone up. When mcdonalds and other retailers are at 9. So we adjust the levels we have available to us, which selectively taking pricing, and weve done this year over year. Its something we know how to do. So we have great employees, we want to pay them competitively. That wage is simply a starting wage to get people into our careers so they can be managers and owners and make great income. The price of chicken, so commodities have come down. I was surprised to see chicken stubbornly high. Have we seen from that appointed forward. The net effect has been about one . Weve been able to take careful and collective pries to offset that. Look, everyone likes organic, natural, healthy. Great buzz words, but weve been seeing some of the healthier guys not put up big numbers, and guides who are good treats going a bit better. Is there a shift back where if im going out, im going to have something i really like, even if its not necessarily something the best word for me. What we see is people enjoying flavorful food, so our new products, like its spicy youre not eating that at night. So i think youve got to keep the excitement high for people so they can make a choice of something really flavorful and good to eat. Last question, you have a buyback. Stocks in the groups obviously youre doing better, just keep buying back stock and take advantage of it . Well, absolutely. We were excited to report that our board approve that 200 million authorization. We think that tells you how confident we are in our future, jim. It sure does. It was great to see some companys stock pop on good news. Cheryl bachelder, congratulations on a good quarter. Great to see you. Not everybody is struggling. Mad money is back after the break. Same detergent. But only jill ends up with wet, spotty glasses. Kate adds finish jetdry with five power actions that dry dishes and prevent spots and film, so all thats left is the shine. Ive got two reasons to take care of my heart. Thats why i take meta. Meta is clinically proven to help lower cholesterol. Try meta today. And for a tasty heart healthy snack, try a meta health bar. Bring us your aching and sleep deprived. Bring us those who want to feel well rested. Aleve pm. The only one to combine a sleep aid. Plus the 12 hour pain relieving strength of aleve. Be a morning person again with aleve pm. Weve been changing things up with ky love. Oh yeah. Its a pleasure gel that magnifies both our sensations. It gives us chills in places weve never gotten chills before. Yeah, it makes us feel like. It is time. Itis time for the lightning round. Buy buy buy or sell sell sell. Before this sound and then the round is over. Are you ready, skeedaddy . Top of the lightning round. Alan in texas . Caller hey, jim. Booyah from dallas. Well, im 25, a longtime horizon, thinking about buying national oil. I hate to see it, even with the longterm time horizon, i think you should rate. Its just nowhere near bottoming. You have some time before you need to pull the truer. Michael in connecticut . Caller booyah, jim, im in a mansion of pain with espeer on. Is there any outnow to sell . Would taye it. Esperion. Lets go to tom in new york. Tom . Caller hey, cramer. And booyah all right. Fair enough. Caller what is your take on sun power . Im staying away from sunpower. By the way, i week buying solar before that one. David in new york . Caller booyah, jim. Booyah. Caller just rnc . It is a rocket ship, dermatology is very hot, but if i want dermatology im going to buy allergan, because theyre taking it to valiant. Youre not in it for earnings. To carolyn in tennessee . Caller yes, thank you, jim, for taking this question. Okay. Caller it is what is your take on the Container Store . Even down here i can only say that it is still too early to buy the Container Store. And that, ladies and gentlemen, is the conclusion of the light lightning round and pilled cardigans become pets. But its not you, its the laundry. Protect your clothes from stretching, fading, and fuzz. With downy fabric conditioner. It not only softens and freshens, it helps protect clothes from the damage of the wash. So your favorite clothes stay your favorite clothes. Downy fabric conditioner. Wash in the wow. Theres moving. And theres moving with move free ultra. It has tripleaction support for your joints, cartilage and bones. And unlike the big osteobi flex pills, its all in one tiny pill. Move free ultra. Get your move on. Enough pressure in here for ya . Im gonna take mucinex sinusmax. Too late, were about to take off. These dissolve fast. Theyre new liquid gels. And youre coming with me. You realize i have gold status . Mucinex sinusmax liquid gels. Dissolves fast to unleash max strength medicine. Lets end this. Americans. 83 try. To eat healthy. Yet up to 90 fall short in getting. Key nutrients from food alone. Lets do more. Add one a day mens. Complete with key nutrients we may need. Plus it helps support healthy Blood Pressure with vitamin d and magnesium. One a day mens. You set rules around the house, right . So set rules for your kids when they go online dont be a cyberbully. No racy selfies. And remember everyone can see everything you post, even grandma. Rules keep kids safe online. Whenever you stump me about a stock, i always do the homework and get back to you. After all this is the selfproclaimed most interactive show on television, and theres been a lot of stocks that have become public, so lets get to a couple weeks ago, kathleen asked me about ptc, as in phil tom charlie. I said i would do more research. Its a big play on today thea for manufacture respect, providing software for all levels of the big from engineering and design to supply Team Management to sales and customer service. Its always picked up a lot of exposure to the rapidly growing internet of iot space, thanks to a series of acquisitions its made in the past couple years. It tends to be a bit of a wild its the entire growth cohort fell out of favor. Plus ptc is a long track record, but then providing conservative guidance that pours cold water on the null le unthrewed my view, i dont like ptc, but the analysts seem to adore the stock, and i believe the up side is limited, at least until ptc proves it can successfully integrate. I think ptc might be worth owning. Keep an eye out for a viable pullback. Last week, jim in oklahoma, called about one that i didnt know at all, called air methods. Airm. I said i would get back. Air methods provides Emergency Medical Transport Services Using a fleet of over 450 small airplanes and helicopters to pick up patients in need and i kind of like this. Back in september, the stock spiked 12 after an activist investor sent a letter to manage say that air methods could create a value for shareholders by selling itself to a private equity firm. They also implied while theres real interest in air methods, companys management doesnt seem to be interested. If it can be taken prior. For air medical group unless the fundamentals are sound. In a case of air methods, blew away the numbers. After initially soaring higher, the stock is down below where it was, in part because we learned that air methods is acquiring tristate care flight, another medical airlift play. And theyre paying 222 million. Management expects in deal to be immediately at tiff to earnings, and give the recent pullback, you can make a very solid case, simply on an earnings basis, even if the community doesnt but the stock is trading 12 times air methods is i think thats two that our viewers have come to us with kind of good companies. An marie called about a tougher one, navi. I knew this story had a lot of controversy about it. Lastee salary mae broke it slough up and navient took the federally backed student loan bits. It owns the largest portfolio of owns owned by the federal Family Education long which was active in student loans. Its a nice rickable business. However, this is a very heavily regulated business. The Consumer Financial Protection Bureau might be gunning for these guys. The core big is pegged to a kind of student loan that wohl be around anymore, given that the government stops sponsoring them. I think you should stay away. Hard to assess. Finally earlier this week mark in vermont asked me about Lion Technology libo. Its a very earlystage biotech focused on cancer immunotherapy. You may remember that i told that you lion was way too risky during a homework segment. People liked this stock, and it fell 40 from its highs. Look, you know, even after this recent sideline, my opinion is unchanged. Lion biotechnologies is kind of a lottery ticket. Did you see megamillions is up to 200 million . I think theres other Higher Quality biotechs with far more proven therapies, that can give you better odds, and even those are going down . Celgene is down 10 . Proof i have the smartest viewers around. Two out of four, air methods, doesnt that sound good . Stick with cramer. Its a pleasure gel that magnifies both our sensations. It gives us chills in places weve never gotten chills before. Yeah, it makes us feel like. Dare to feel more with new ky love. To truly feel healthy on the outside you have to feel healthy. At your core. Trubiotics a probiotic from one a day naturally helps support both your digestive and immune health by combining. Two types of good bacteria. Trubiotics. Be true to your health. Start the interview with a firm handshake. Ay,no dont do that it cools on contact, and also keeps you 100 flake free. Try head shoulders instant relief. For cooling relief in a snap. Jill and kate use the same dishwasher. Same detergent. But only jill ends up with wet, spotty glasses. Kate adds finish jetdry with five power actions that dry dishes and prevent spots and film, so all thats left is the shine. Node strom had a terrible number, cisco with a good number, but then a disappointing guide down. Thats why you want to watch squawk on the street tomorrow. I always like to say theres a bull market somewhere. I promise to try to find it here on mad money. Im jim cramer. I will see you tomorrow. Its friday, november 13th,