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Transcripts For CNBC Mad Money 20170419

Even when it looks like a company has already made a turn around, you need to stay close to them in order to know whether managementceed or fail. I mention this because when were dealing with a gigantic company, a turn around or a lack thereof can affect the entire stock market. Thats buy the dow jones fell 143 points. The nasdaq actually advanc advanced. 23 . What caused the dow to get clocked . This was all about ibms busted turn around story. The failu yes, 20 straight quarters of declining sales. Because of the way the dow is weighted, the downward tug of ibm stock, shaved more than 57 points off the dow, and i have been procuring some successful turn arounds, wall martimartwal mcdonalds and cocacola. Ibm is in the midst of an incredibly difficult turp around. While at the same time expanding into faster growing new tech areas that attract a different and morrow bust group of investors. Ibm wants to become known as the company that uses watsons platform. Watson wants to be viewed a

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