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The industrials. Those big fat ugly ducklings that have gone unloved are while they pause today given the market wide pullback, dows nasdaq dropping 1. 47 . Its worth asking if this might be the pause that refreshes the old smokestack. Let me set the scene. Conventional wisdom has been if oil goes higher, its a good day for the market and if oil goes lower, sell, sell, sell. Its a bad one. So, it went down two bucks. Got hammered. We saw the urgency of that formula writ large today because we learned jpmorgan has 44 billion in oil and gas exposure. Thats 44 billion in oil and gas exposure. Kind of like making it the exxon of banking with hopefully exxons discipline. Oddly given the plumeting price loss reserves. Even though 19 billion is loan portfolios. Say firms with junk bond status. Boo. And 39 of it was made to Exploration Production companies. The wos f the worst when it comes to who is paying anybody back. Jpmorgan said the Energy Company could cost them. Hey. 20 billion. But to me, having lived tlau low loss sickle i can only say give me a break. Im not buying it. Oil retreats hard here, they could double that number and i wouldnt believe it. Sorry. I didnt like anything about this discussion. Yeah, reported a little more than a month ago. Why didnt they Say Something then . Not like oil was flying in january. It was low. Being hopeful. Im not jamie diamond just shares. Got enough cash. Oil goes much lower from here. Believe me. Buy some even lower. This oil and gas exputs a new swin. Before you freak autoout and say, wow, all under reserve, it is a really big bank. Its got billions and billions of dollars in goods and were not watching the death of oil. If oil stays down, there wont be a lot more to fault, so a lot of banks just taking losses. The house of pain. Not just these three, but theyre all a lot of oil and Gas Companies that can manage to pay their bills back if oil stays above 30, but not 20. 1986, these bank stocks are going to be the worst places to be after the oil and Gas Companies themselves. As many if not most of the independents will not be able to survive in in this country at ten bucks. I dont care what jpmorgan studied, believe me. Its not all that bad. Colder weather and stronger consumer, just a little better taste. Upsize the price. Couldnt have hurt home depot, either, which gave you a monster beat. More on that later. Before that quarter judging from the reaction, clearly was not disastrous at all. So, oil and gas going lower a is mixed blessing. Remember have to start with europe all the time . Its whats pertinent, okay . So, i have to go there, but if i didnt, i wouldnt be giving you an accurate depiction of whats driving the market. Spoken in the same breath as the oils. Jpmorgan gave you its rosy read of a very unrosy situation. Here. Rose colored glasses. It caused the stock to plumet. Conoco. And chevron. Jpmorgan unperformed exxon. These are my jpmorgan rose colored glasses. Am i still going to mention jpmorgan . No, im going elsewhere. The financials, not the financials and oils, but industrials. Until today, stocks have been experiencing the industrial renaissance. One of those rotations where theyre hanging back in the back down the throats of other groups in a vision game of stock market volleyball. They all cull in a story david faber broke yesterday. Had a block bester Aerospace Company that can dominate two huge industries. Aircraft and ventilation or h vak. Now, we talked to greg haitian this morning. Plain spoken ceo who plain told us in a vert o f ways i may add, that the deal wasnt going to happen and he p would not have his company in a bid. There was a kind of another worldly quality about the outright dismissal based on antitrust none other than the reports that the combination was initially being explored by not honeywell. Why close it down, which is kind of what happens. One honeywelcomes back with what seems like a tidy sum. I dont know if they will. That was like get out of my face. Now, we dont really know what happened and honeywell did come out saying the regulatory process wouldnt be an on sta to its purchase of united tech. This bifurcated market when Kimberly Clark traded in the price. Many industrials wallowed under because of fears over china. For example, no, im not a fan of caterpillar, but wait a second, if some company were big enough. It sells at almost half that long ago. Some of the long view. I can see how it might make sense. People figured out it could be plus, yields 4 . Short comments is up. 17 billion valuation, but its still has a 4 yield. I think after this, it isnt going back to 79. Story makes me want to go pick up a book. Not that long ago. Someone take a longterm per specktive and get this. Run a deer down 21 bucks from its high. 25 billion. Stranger things have happened and if you want to cheap Aerospace Company, take a look at alcoa, which will most likely have 6 million in revenues. How does that stay independent . I mentioned these possibilities because if you had told me 48 hours ago any company would take a run at the 75 billion business that is united technologies, i would have said but it happened. The fact it happened makes this Group Something start scouting as we headed down. Heres the bottom line. Yes, this market ate the banks. After the revelation, i think this market has closed down with low oil prices could get more positive on the one shun outcome peling in industrials. Chinese wall. Just a few weeks ago. How about we go to dave in washington. Dave. Even though amazon is considered a cult stock, it is 20 off its high, im wondering if this is a good enter tri point or if i should wait for another one. When i recommend a stock like because you love the company like i do and i do love it and use it constantly, i have to bless them, but cant find an earnings reason to do it. Thats the big issue. I dont have that able the. Go to larry in illinois. Larry. Good afternoon. Im a big fan. Thank you. I follow the bank stocks and i was curious, i own quite a few and listen to hsbc. Yeah. My question was i know is this sign of hope of things to come . You know, i cant recommend them. That yields too big. Thats a total red flag. Im having a lot of trouble with bank stocks as it is. Standard charter had a bad number this morning. It was kind of a nonstarter for me, so im going to stay away. All right. This market hates a lot of things, but the industrials, may not be part of that hated group anymore. Hang tight. Has lost half its value since the ceo last joined us in august. 30 today. See if he can explain. Then was the rally in crude after todays drop in oil price, see if the volatility can continue and an investing idea came from you after hearing about on the lightning round, the ceo is joining the show tonight. So, why dont you stick with cramer. Dont miss a second of mad money. Follow on twitter. Have a question . Send jim and email. Or give us a call at 1800743cnbc. Miss something . What the heck happened . A Small Cap Company with a 3 stock. Renter for college students. Smart business. Since going into a provider of Digital Service including everything from online homework cleng, keeping the coast of college down. Lately though, the stock has been a house of pain and that only got worst last night when the Company Reported a mixed quarter. Revenues cape in below estimates. Down 19 . Did deliver a two cent earnings beat. Make matters worse, the guidance for next quarter were suspected, which is why the stock did get obliterated, down 35 . Check has been very effective at student hub rather than just textbook rental. That doesnt seem to be helping the numbers. So, did the market sell off or should we be concerned here . Lets dig deeper with dan, the chairman and ce ork. Welcome back. Good to see you. You came here last year. In august. Stock was at 7. 40. Sounded very good. Transformation seems to be a pace, but the stock has been trying to figure out, usually, the market cant be this wrong. It seems to be caring more about no Revenue Growth and less about the transformation. So, i know the markets not wrong, but what could it not beSay Something. First of all, thank you for having me. I appreciate that. So, going through a transformation of a company is extraordinarily difficult. In a Public Market is even more difficult and at very volatile times are nor difficult, however, the transition is underway and successful. The confusing parts of this. Because the ebook didnt go the way it was supposed to. Exactly. So, we articulated the 2016 on a gap basis would be down because we used to recognize 100 of the revenue from textbooks, now, 20 commission, which means its cash flow positive and that was received well. Between what kids were paying for books versus now. That wasnt much. Couldnt possibly know that. Then the second thing, so, we said gap was going to be down and we hoped everybody had known that. Then the other thing is an industry trend, which is bizarre, which is e textbook, which were a reseller, we would historically recognize 100 of their revenue. For print, we recognized a 20 commission. E textbooks used to be growing at 60 . They went to zero. They went down. Which means unit recognition is less. Instead of taking an ebook, theyre taking a printed book. The most popular is campbell biology. Its 20 bucks for a rental. 107 for an e textbook. Why would a kid do that . Its a top line issue, but thot a bottom line because weve said flat business for us. Put them over here. Whether theyre e textbooks and in the future, the business checked services, which grew at 38 last year and is growing at over 30 in 2016. Typically, a company thats cut in half like this would not be a Growth Company and would not have profits, so, i look at this, its almost as if if you were to come public today and make the projections youre having, people would buy the stock, but the stock has become tainted. Because people feel like well, why didnt you see certain things coming and even youre making this transformation, one of the problems was you have more demand for one of your businesses than you could handle. How do you explain to someone who did listen to you on the show, bought it at 7. 40. You said i got crushed. The business is actually better than i described on the show that day, so, if you take of chegg is check services. The middle range is going to grow about 30 . The ebitda is going to triple. Two years ago, we were losing 18 million, then lost 13 million and made five this year, which was a huge thing and said the middle is going to triple next year and we said the revenues grown over 30 , so, what i would say is its incredibly difficult for the analysts to understand our business, but the stupt love is incredibly high. Your interns here use chegg. Our Digital Services. I appreciate it. But our Digital Businesses were zero four and a half years ago. In the middle of range k theyre going to be 120 million. So, the future is as big if not bigger than i said last time. If thats the case, then why not now say we have this much in the bank and are going to start a buy back. On a personal level on thursday when the window open, i plan to buy. This is ridiculous. 10,000 shares. Substantially more than that for me. Because i just look at it. We have 89 million in cash. 30 million owed to us from ingram. It is hard to fathom. I have to tell you. Obviously, i did not want the stock. You dont want the stock crushing. Well, hopefully, people will see ebitda win, not the revenue loss. Theyll understand youre building, but market cant comprehend it. I think jpmorgan wrote something smart. They said people will not really start to understand this company until the middle of the year. Right. They said listen, what concerned us, guidance, softer e text demand, shifting the rentals may continue mag fi fied impact on Revenue Growth. So, you wont have good Revenue Growth next quarter. Quarter so much. T tile we say is supposed to be a break even. In the services are not affecteded, textbook revenue, we dont lose the customer. Not lose the customer. So the other businesses are growing at 30 or more. Can you show that tutor demand that would make us feel there was more to the service . Sure. We couldnt meet 50 of the demand. Im saying, the next three months. Yes. Yes. The answer is yes and the reason, thank you for that question, is because the thing we learned about building a dynamic marketplace, t not just having tutors. We had 11 thourk. We thought that would be plenty. The difference is on demand, on demand learning is going to be huge. You can tell that story. Buy the stock and people will say, why dont i buy three. And i think that is very fair. Today. Because its you, i would always come on. We have something calleded an osr. Opportunity supply number. Which is within five minutes of a student requesting and the first part of this year, i think we have solved this issue. President and ceo of chegg. Some consolation, the fact it was down a lot, the guys here. Showed. Coming up, todays steep slide in crude prices have sent stocks into a tumble. Is it a signal the oil rally has come to an end . Or can the technical tale suggest there is more room to run . Dont miss cramers take. And a new edition of off the charts. Y a rider made a decision. The decision to ride on and save money. He decided to save money by switching his motorcycle insurance to geico. Theres no shame in saving money. Ride on, ride proud. Geico motorcycle, great rates for great rides. 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. I take pictures of sunrises, but with my back pain i couldnt sleep and get up in time. Then i found aleve pm. Aleve pm is the only one to combine a safe sleep aid plus the 12 hour pain relieving strength of aleve. Im back. Aleve pm for a better am. Ugh. Rough and dirty . Dont avoid it. Resolve it. Our new formula not only cleans and freshens but also softens your carpet so its always inviting. Resolve. A carpet that welcomes you. Ugh heartburn no one burns on my watch try alkaseltzer heartburn reliefchews. They work fast and dont taste chalky. Mmm. Amazing. I have heartburn. Alkaseltzer heartburn reliefchews. Now that oils really breaking down off a buck and a half today, 31 bucks and change, after 30 a barrel. Its time to get a sense of where the major oil stocks might are interested in it. You know im a big bleefr in the lower, longer. The idea crude will stay down likely for the rest of the year until the hedges expire and most of the american producers, but theres a lot of emotion invested in which way oils going to jump. That means we need to take a step back and try to assess whats happening here in a motion free clinical way. Tonight, were going off the charts with the help of robert, the fabulous who happens to be my colleague at realmoney. Com, as well as the publisher of rightviewtrading. Com. If the price of crude can maybe hold at 30 a barrel or better. Back in october, we checked in with him and he said he thought the big ingraters could be in for a period of consolidation while the oil shortterm tourn turned out to be right. The whole group got hammers. Lately, the rules have been rebounds like crazy. From the mid 20s to the low 30s. Stocks over or could they drop. In late october. He said exxon would basically trade sideways despite seesaw like action. Between then and now, the stock is pretty much unchanged. Sideways, from the case he made in october. Exxon broke down below its average causing the stock to plumet. Then went through a volatile, erratic period from rallying dramatically. Breaking out above both its 50day and 200day average. In short, exxon spent the past month roaring higher. Plus, he notes when you look at the moving average, thats up here this time, which helps thats pretty positive. Mean whim, the accumulation distribution line, the ad line, a way of measuring supply and demand, is extremely positive. Kind of amazed. However, hes worried that as exxon has been rallying t volume has been declining. Its right here. Thats a polygraph. When it comes to charts, we find can be deceptive. Overall, he thinks technicals look good for exxon, but hes skeptical pha the price can keep getting higher. Until it gets more positive. You see this go up. Hes holding off on exxon mobil. The main reason he would prefer to avoid it is because the daily chart of heavy ron looks more compelling. Why does he look chevron more . This year, the tok has been stuck around a powerful ceiling of resistance. Created by 50 retracement of chevrons rally from the lows in 2009 to the peek in 2014, to, the whole thing. But the stock broke out last week and even in todays pullback, its above this new floor support. Stock is only a few points away from a resistance from chevrons 2014 high. Around 89. Can chevron break out above that ceiling . He likes the money flow. Then technicians use to measure the buying or selling pressure. It remains very positive. He also likes the fact that the stock has underperformed common anding lagged it by about 9. 5 , just since the beginning of the year. In short, he thinks theyre poised to catch up and if it can rally about four points, then it can be smooth sailing at the stock goes a lot higher, but its got to get there first. And today, headed in the wrong direction. Completely hammered. Okay, now, chevron and exxon are big integrated Oil Companies that have some of the least sensitivity to the price of crude thanks to the refining operations. What about a pure play expiration . Its very much hostage to the underlying commodity. Far too many loans to. I want you to consider pioneer natural resources. Pxd. One of the largest independent exploration plays really dominates, has fabulous basin stuff. Look at this chart he believes pioneer may have formed what could be a longterm triple look at that. On the side, a powerful momentum indicator. If the stock rallied more than five points from here and break out above 126, he thinks it could be on track to deliver thats not what you got today when pioneer was hammered down really into. You know i dont like the fossil feels. When he looks at this, he sees remember that one . As ive said many times before, thats not an upside down bottle of shampoo. One of the most reliable bottoming patterns. When i went through all of them for get rich carefully, it was the single most reliable. So, keep that in mind, right . Looks like an upside down person. The neckline coincides with the longterm downturn line from 2014. Okay. And the stock broke out above that key level last yeek. Meanwhile, the check in money oscillators in positive territory. That green parking lot there. Indicating theyre buying the stock. Trendinging ever so higher. Plus, how about a new one . The aron tool. This chart is used to identify early trend changes based on the action in these green and red lines. When the green crosses above the red as is the case here,s thats called a bullish aron cross over. Just when things are about to get better. Tells him that we could be witnessing the beginning of a brandnew uptrend. Based on the inverse head and shoulders pattern, he wouldnt be surprised if they went above its october highs around 80 bucks. An 11 gain. This is the one i like the best of all these. While not not recommending any fossil fuel stock, it seems compelling because it made a ton of money during the last quarter. If you want to understand the price of oil, these pictures tell you more than a Million Words ever could. While chevron is buyable. Even emp play like pioneer might be poised to shoot hard. These charts may look good, but you need to remember this could change in the blink of an eye. Which could ruining everything here. However, if oil can hold above 30 a barrel, these charts will stay bullish and he could turn out to be right even as i remain a skeptic given the propensity for oil. The maximum number of people at every turn and i believe in the lower, longer. Chris in florida. Chris. Booyah, jim, how are you . Great. How are you. Pretty good. With the current support weve seen in oil around 130, do you feel bp is a good buy at these lower levels . No. I think were not going to go there. I think it has its own issues involving being able to be find more oil and that 8 yield, i know theyre committed to it, but one of the things weve learned is that people are committed to dividends until theyre not. If oil could hold about 30 a bullish. But if it goes down, all bets are off. Catching up with the ceo of covanta. You called me in the lightning round and home depot built a beautiful quarter this morning. Did you misthe window of opportunity or should you make the stock your home . And a storm of stocks in tonights new edition of the lightning round, so, stick with cramer. You see, medicare doesnt cover everything only about 80 of your part b medical expenses. The rest is up to you. So if 65 is around the corner, think about an aarp Medicare Supplement insurance plan, insured by unitedhealthcare insurance company. Like all standardized Medicare Supplement insurance plans, they help cover some of what medicare doesnt pay. And could save you in so dont wait. Call to request your free decision guide. And gather the information now to help you choose a plan later. These types of plans let you pick any doctor or hospital that takes medicare patients. And theres a range of plans to choose from, depending on you needs and your budget. So if youre turning 65 soon, call now and get started. Because the time to think about tomorrow. Is today. Go long. Seems like weve hit a road block. That reminds me. Anyone have occasional constipation, diarrhea. Gas, bloating . Yes one Phillips Colon Health probiotic cap each day helps defend against occasional digestive issues. With three types of good bacteria. Live the regular life. Phillips. 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. No one burns on my watch try alkaseltzer heartburn reliefchews. They work fast and dont taste chalky. Mmm. Amazing. I have heartburn. Alkaseltzer heartburn reliefchews. I think its worthwhile to sift through the rubble of stocks. Thats why i want to introduce you to cva, one of our guests called this one. Waste Disposal Company with a Renewable Energy kicker. They can turn roughly 20 million tons of garbage even enough energy to power a million homes. The stock has been pummelled. Down 42 since last may. Downturn in Commodity Prices not up to them. Its hurt the Metal Recycling operation. However, better than feared last week, beating wall streets revenue expectations delivered 11 cent earningings miss. Charge led to an audit, plus, the companys been buying back stock, picking up 32 million. Just last week, steven jones stepped in and bought 15,000 shares in the open market. I think thats a sign of confidence. Commanders has been pounded, now sports a 7. 5 yield. You have to wonder if its safe. Let aes look closer with steven jones, the ceo of covanta holdings. Find out more about the stock where it is headed and high hes buying. Welcome. Thanks for having me. Gl want to get right to the point. We see a stock thats down a lot. We see in your Conference Call, you talk about dividends, then buy stock. So, then what makes me think is why should we think that the market is so wrong about it that it is such a good opportunity. So, i think right now, the market misunderstands our stock a little bit. Were trading much like an Energy Company, but if you look at the Revenue Streams of the company, twothirds of the revenues come from the waste side. Million tons per year of waste. Thats twothirds of our revenues and a big part of business. 25 come from the power that we produce. And like i said, if people are trading more reich a Power Company now than a Waste Company and then theres a small portion, 50 to 75 million of revenues retlated to our Metals Recycling business. It was a good buy and it was an opportunity for me to get further into the stock. You say at the beginning, you talk right up and say, look, one of the biggest points, announced we would be maintaining our current dollar dividend. Maybe boosting it. But then at the same time, youre cfo said waste and Service Revenue increased by 13 million, but Energy Surface declined by 25 million. Recycled metal declined. Those are big numbers. Why chance the dividend . Set by us a year or so ago. Its about a dollar per share. We said it to be sustainable across the entire cycle and so, i think most would agree now from a commodity standpoint, were at the low end of the cycle. As those prices come back, well get more ebitda. But at this point, we look at the dividend as solid. The underlying waste revenues we have underpin that quite nicely. On the recycling side, explain how it works because staifd steiner was on recently. He just said the recycling business is too hard. Really having to pull out of some contracts because people dont recycle well. I loif in new hampshire, put my recycling out. They tony do it right, by the way and i understand because youre in my neighborhood, that you one taking my waste. What do you do with it and how do you make none . It comes to the curb. We did a Little Research ft it goes to our union facility, which processes about 500,000 tons per year of waste. That goes to recycling. You recycle it, so the bin goes through folks like potentially Waste Management if theyre the other bin goes to our energy from waste facility. We process 20 million tons per year. And that produces enough power for a million homes. As you pointed out. On the back part of the plant, we recycle the metal. We reclaim about 500,000 tons a year of metal. Thats enough if you think about it, for five golden gate bridges. We take out enough aluminum, about a billion cans per here. Thats the part to have industry were in. Metals recycling chain and those prices are under pressure now because of some of slowdown in china. But you said the turkish buyers are back. I know they used to buy copper. Some of those buyers are back and aluminum has come down a lot, but maybe its bottomeded. Sxwl its hard to tell where the bottom is. I would think were banging control the price of the metal. Were a price taker, but what i tell the employees is lets control what we can, which is the quantity of metal we take out of that we process and also, the quality. On the quality side, weve been putting in place a clean up system in pennsylvania. It takes the metals from nine facilities and cleans up so we have a better quality to sell. What im hearing is that i shouldnt focus as much on that back end even though this correct. Its really the front end and a stable contrast. Correct. Because thats where i think people are looking at it other way. Yeah, so, if you look at our waste, 20 million tons o year of waste being processed. 85 of that waste is under longterm contract, so take about a tenyear term and youre with municipalities. Is quite good, so, we feel good about that prt of our business. Thats scaling. Quite nicely. What we call profile waste, this is an area in the u. S. Where Government Support is not really that strong. The company is because they want to meet their sustainability goals are. Thats a very good point. People want tb sustainable. All right. Thats steven jones, president and ceo of covanta. Thank you very much. Ve taken a left at the river. Tarzan know where tarzan go tarzan does not know where tarzan go. Hey, excuse me, do you know where the waterfall is . Waterfall . No, me tarzan, king of jungle. Why dont you want to just ask somebody . If youre a couple, you fight over directions. Its what you do. If you want to save fifteen percent or more on car insurance, you switch to geico. Oh ohhhhh its what you do. Ohhhhhh seems like weve hit a road block. That reminds me. Anyone have occasional constipation, diarrhea. Gas, bloating . Yes one Phillips Colon Health probiotic cap each day helps defend against occasional digestive issues. With three types of good bacteria. Live the regular life. It is time. Time for the lightning round. And now, are you ready . Let me see lets start with darrell in florida. Darrell. Hi, jim. Buy, sell no, not going to touch it. No need. Really good high quality stocks. Go to jason in massachusetts. Jason. How you doing . Jason from massachusetts. Booyah. Booyah. Hey, my question is for the only one in ease were recommended is Palo Alto Networks and thats not just buy rich. This is not the kind of environment where they can just darren in texas. Hey. Booyah to you, jim. Whats up . Not much. Curious about kite pharmaceuticals. All the immuno therapy stocks are very, very risky. It is not been the place where you can, you see them down all the time, its hard to go down overtransed biotech stocks. Trey. Doing good. Im all right. I was checking on abx. They ran the bell the other day i said i know its up shortterm, but longer term trgs been a real disaster. The one i like is rangold. Lets go to steven in florida. Steven. Booyah, jim. All right. I was tooth mark corporation. Interesting. A small bank that people have not asked me about. You know what is this i got, you mean, yields for, i got to find out what the value is. Lets go to sam in florida. Booyah. Chicos. When we think of overstore, we think of chicos. I happened to be in one the other day, but i got to tell you, the mall at short hill, but just think theres too many apparel retailers. One more. Going to brian in connecticut. Brian. Hey, jim, coming at you from a booyah speed daddy from connecticut. Love to have you on the show. Whats going on . Long time view e first time caller. Thoughts on look heed martin. Key position. Bye, bye, bye. We think its a terrific stock at these prices. Doing a good job. Might pay too much for, and that is the conclusion of the lightning round. Approved toprelieve both itchy, watery eyes pand congestion. No other nasal allergy spray can bodies react by over producing six key inflammatory substances that cause our symptoms. Most allergy pills only control one substance. Flonase controls six. And six is greater than one. Complete allergy relief or incomplete. Let your eyes decide. Flonase. 61 changes everything. Your heart loves omega3s. But the omega3s in fish oil differ from megared krill oil. Unlike fish oil, megared is easily absorbed by your body. Megared. Lets get these dayquil liquid gels and go. But these liquid gels are new. Mucinex fastmax. Its the same difference. This one is max strength and fights mucus. Mucinex fastmax. The only branded cold and flu liquid gel that is maxstrength and fights mucus. Lets end this. It only takes one genius to change a light bulbyou led bulbs use 85 less energy and last a long time, saving you up to 100 over each bulb s lifetime. Periodically, a company puts on a clinic of a Conference Call. You sit there, say these guys really get it. I felt that way a couple of time this is year already when facebook gave its latest quarterly Conference Call, a gem of greatness. I think realistic plans for virtual reality. They have them all. After the call was a con pend yum of the future. You could imagine how this companys goal is to rule the world. It was a sky thes the limit call. General electric told a great story in multiple categories of monstrous returns to capital when it gets the chance and i know starbucks got it, lessons resognating for me. Harnessing technology. Sense of optimism, Technology Fly wheel and then comes home depot. This was pant there is heon worthy. Yeah, Conference Call champ. Now, to be fair, im aware of facebook. Home depots a retail. All we ever heard from retail, woe is me tales that make you feel like we have way too many of everything. Too Many Department stores, too many kids store, Sporting Good stores, mattress firms, you get the picture, but its just 8. 9 same store sales quote. 18 on a twoyear stat. You know how thard that is i dont know, really, if i have the ability to explain just how dazzling that kind of number is. Home depot is 2,274 stores. Employs 385,000 people. 250 Stores Selling red hot products that may not be sustainable at all. Home depot sells things that go into your house. They sell nothing you cant get elsewhere. Somethings been dead in the water in this country for ages. There is nothing new under the sun in this business. Nothing that makes you say, holy cow, i got get to home depot right away. The company is doing great all over the country, but generated spectacular double digit number in the south. You know how much market share they may be taking from somewhere else. Same store sales, appliances, tools, building materials. Double digits. Come on. Thats just nothing but fabulous pricing and Customer Service because again, you can go anywhere to buy this stuff, but people went to home depot. Even though it was the mildest winter in ages, they had double digit gains in roofing. Who are these guys . How about the home lawn business . Growing at a 25 clip. A significant portion of the online growth leverage of physical store assets we have is over how 40 of online orders are picked up in store, end quote. This isnt some lip service omny channel where they lose money. This is a home run Customer Service strategy that works. Can you beat a 17 increase in quarterly dividend, 69 cents a share . Comes down yield. 59 million of their shares this career including 2 million alone. 60. 2 million shares in the Fourth Quarter and guess what . It can get better. Its now forecasting 1. 9 million new households. Home price, up from 1. 3 million. Wow. Best of all, not a complaint in the book. Not about the weather, the fickle consumer, the proemotional environment. The Rising Health care costs, the inflation, the fed, the spres rates, the government interferes. Nothing. The fact that it only rallied a buck 68 today and still down 60 seems like a genuine opportunity we all see stocks go down. This may be the one to go for. In short, home depot is the paradigm. Its like the Football Team that has the, it has the ork, the special teams and coaching. It is a super bowl winner and a plus as the propie terror of the best garden of long island, i cannot wait to get the home desk spot so i can get to work on the plants i need to make cramers none better tomato sauce. Stick with cramer. cell phone rings where are you . Well the squirrels are back in the attic. Mom . Your dad wont call an exterminator. Can i call you back, mom . He says its personal this time. This time. If youre a mom, you call at the worst time. Its what you do. If you want to save fifteen percent or more on car insurance, you switch to geico. R its what you do. Where are you . R its very loud there. Are you taking at zumba class . Working on my feet all day gave me pain here. In my lower back but now, i step on this machine and get my number which matches my dr. Scholls custom fit orthotic inserts. Now i get immediate relief from my foot pain. My lower back pain. Find a machine at drscholls. Com i take pictures of sunrises, and get up in time. Then i found aleve pm. Aleve pm is the only one to combine a safe sleep aid plus the 12 hour pain relieving strength of aleve. Im back. Theres always a bull market somewhere. I promised to find it for you. I will see you tomorrow. A huge victory for donald trump in nevada, winning big with male and female voters from almost every group imaginable. So, we won the evangelicals. We won with young. We won with old. We won with highly educated. We won with poorly educated. I love the poorly educated. Today, 35 million americans in the path of Severe Weather thats already left at least

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