Today is a text bookcase where you cant take you cue from the actions. This in spite of fact we got plenty of good earnings news both last night and this morning, especially in retail of all places even the amazing numbers in the stock news from foot locker, ross stores, gap, even from aerocram beand fish. Selling overseas farm markets are to a weak dollar, thats something good for the u. S those stocks were amazing. That said, a beat in race quarter always reduce higher rices for the stock in question. For this particular market, kind of approximate prices if people are betting against the stock. When i say almost always, because momentum may not always by the case, take the case of materials. A monster rally going into the quarter, it gave up all its gauge and then some. Still, its another reason why you have to Pay Attention to the individual earnings support, now more than ever when you see Something Like a foot locker and ross store up where its never been mondays got some big knewings after the close we hear from a company with long history of upside surprises letter a people that make testing equipment for science, application and a most of others its remarkable how consistent this company is. The stock hit a new high today i wouldnt be surprised if its got more room to run azure spent a massive year after year and we stuck with it. Can a retail Power Company and a red hot stock keep going after it reports i actually think the answer can be yes when the shorts are finishing repositionening its likely to run out of team. Im going to takeat pass at urban outfitters, ive been shortcomings by people getting against amazon then theres intuesday it because we love the do it yourself taxes i really wish the house hadnt done such a rush job with an important piece of legislation that mean it is company has more work to do next year even when the bill passes the senate and it will be business as usual. Even just the stuff about how to calculate stock and change stock and selling stocks, youre going to need the company to figure it out. After speaking with syscos ceo, chuck robins this morning on squawk on the street i worry a little bit about paloalto. While a think aloe alto battier pal paloaltos ceo. Lowes have done well for itself and many others, the stock looks terrific i dont believe lowes is performing at the level of home depot and i think the home desk spot didnt get the credit it deserved after reporting t its lowout quarter. Why take the chance with lowes with you can still buy the stock fr from home depot. Id rather you take a pass on electronics and buy some avid labs, the company run by mike white that has we featured last fight. 55 bucks a stock is cheap. Weve been high on the dollar store for sometime especially dollar tree. Dollar tree is driven and it cant beat easily amazon, the stuffs too cheap 1. And the snobbings could understand why this stock has been such a winner but they wont go, now theres a problem. Stock less than a buck 52, and if it doesnt pull back a bit before the quarter, you may not want to play it for a trade but as an investment i think its terrific because when you get a pull back thats when you got to bounce burlington, a long time cramer fave. That makings it difficult to buy burlington going into earnings the ones that moved up with symptom think in others in this retail group may be too high for the moment you know i enjoy the semiconductor space. I took pure play on the internet of face which item sure thwell talk about later in the show the stock of Sales Technology has run ahead of quarter i think well get a good report. Im blown away but the new clients and businesses in the world. I think the sales force go higher after the cfo keep winning contract after contract. Please dont buy it because its up listen to the Conference Call before we take action please how hewlettpackard enterprise i have an uneasy feeling about the Company Given the businesses bargaining for its numbers im as negative as much as i am positive about hp. That things been a total beast and beast tend to keep running you know which brick and Mortar Company worries me the most . Not macys, penny aint so hot its game stop im ware worried because as i speak to the companies the digital has taken over why would anyone ever go to game stop when you can download games to your pc or playstation, nintendo switch. Riddle me that i think theres not enough business left for game stop to make a business out of it. Although they are nice guys. Wednesday well see strong numbers, up 13 . Im following all this data closely because we want to be sure the committee is coming in high so we dont have all these blow hearts saying this is going to be turned into a recession. I think the answer is yes, we have good strong numbers we know from the last two weeks of selling were hearing commentary about short range shooting up while long conditions are flat. I dont believe we will get one this time. Im not love looking at the above looking at the data to challenge my thesis. First week is quiet except for one earnings report, deere even as you know, we like add koe, its the cheaper stock. Theres a lot of reports coming early next week so may attention before everyone goes away for thafrg this was supposed to be do you think this was supposed to be day after it looks like its the same meal that doesnt look like leftovers, supposed to be left overs. So much for graphics why dont we go to jim in florida. Caller booyah to you completely whats shaking caller my question is on foot locker. With the earnings ive put this money in the big property stock should i hold it sell it stock goes to 42, reverses and come back to 47. The store sales arent going to be that great. There are a bunch ofanalysts so i say hold on for a little bit more i think theres a few more points chad in north dakota chad caller happy friday there mr. Jim. Same. I got a little football this weekend. Caller Kirsten Wentz is from north dakota i was working my way towards that saying we were going to see carson wentz on nbc. Hes like a real person. Have you met him caller yes, i have and i met his stepbrother, hes still in high school with my son. Can you please just for a moment tell people how charitable carson wentz is and what he did with that little boy. Caller oh my god, we wen to a local bang get for the high school, and i saw a half of dozen items that somehow carson wentz signed for donation to benefit all the people at the high school. What you see on t. V. Is what you get. All right i had to do that it was a paid Public Service for carson wentz so what do we have chad . Caller super value, ssr u, my ssr u, my family have i have held it for ten years, up and down yeah we know amazons taking a shot, krogers going after them, whose not going after them its not a great stock, down 50 , its still, chad, may not be tooltd to go. Hey we did talk about carson wentz and were bullish on him all right next thursday might be a holiday but theres still earnings i really like dollar century, i like deere, i like sbu wit, i like hp and sales force. On mad money tonight, mike with ceo with smart phone artificial intelligence. Is this behind the scenes tech stock the way to play the space . Yes. One trend steady in the ipo market this year and of course your money, plus keeping you insulated in the air. Could or is it just a secular growth find out in my exclusive and stick with cramer. Opportunities arent always obvious. Sometimes they just drop in. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. What we do every night is like something out of a strange dream. Except that the next morning it all makes sense. To power global ecommerce Fedex Networks are massive, farreaching and, yes. A little magical. Fedex. Com slash dream last night Applied Materials, the equipment maker reported one more blowout quarter. I think its a steal thats why item thrilled to have garry dickerson, the ceo of plooid materials here with us today. Hes here to speculate his 50th anniversary. Mr. Dickerson welcome back to mad money. Thank you jim, happy to be here i go through the reports here, youre saying were at the start of a complete new era of growth, there are a lot of skeptics, i know im not one of them you got to answer them who say, are you kidding me its got to be mere the end. Look at the stock price of materials. Well, jim we just finished a record quarter, our revenue up 40 and our profit up 2 times that amount. In the history of applied tae materials theres never been a investment time in that company. We see this in retail today, healthcare, transportation, many many many different areas and at the foundation of that technology is Applied Materials with materials innovation. Our Semiconductor Business is hitting on all cylinders our display business, we see multi versions so were firing all cylinders jim, and the nature of our confrontation is changing these industries, thats filling our business thats something weve never seen in the history of our company. Okay youre calling ai a war, and its shaping up to be the biggest battle of our life time. What do you mean by that many people talk about trillion dollars of economic value about created. Tech folg is going to transform all these Different Industries in the ai, big data era there are a few drivers. One is everything is becoming smarter. We have sensor technologies, many many Smart Devices, that is growing our business 40 of our foundry business now is coming from all of the Smart Devices. The memory businesses is also growing at a rate that weve never seen before. All of these smart driess are creating a tremendous amount of data, datas exploding and the memory business is growing at a rate weve never seen. The profitability of Memory Companies is better than weve ever seen. And also to valley capture the data you have to take the data and process it with highprocessing performing computing. Those materials come frApplied Materials. So the Smart Devices, the memory technology, all of that are fundamental big drivers for our future business. Last time you were on, gave short drift to display you did not do that on the Conference Call, you gave a lot of talk to it. I dont know im a big fan of lamb because you watch the showism what they have is very competitive products but wen it comes to display it is yours please tell our viewers what this display is doing here because the growth here is phenomenal you have organic led displays for mobile devices and smart phones theres then annual war for mobility ship. Every year consumers are buying the devices that have tremendous displays, and we have multi use drivers there. The capacity thats currently being put in place will serve 50 of the smart phone business between now and 2020 thats a multi year driver display. We also have large screen televisions. One great example is if youre building a bigger panel, you can get 8, 65inch television on those bigger panels. On the previous generations you only get three, 65inch t. V. S. Both of these drivers are multi display drivers. Our display is up 5 x. Next year were saying Significant Growth in revenue. Were not competing with other large Semiconductor Companies in this display business. Tremendous multi year driver one last question you mentioned your clients have a lot of money there are so many skeptics, and item not one but a lot of time people say when people have a lot of machine they tend to overspend but you are not, youre seeing discipline opponent of these customers right . Absolutely. If you look at all the Smart Devices jim, you talk about this a lot on your show, theres an explosion of all these Smart Devices and this is going to continue to grow the memory devices also, that is growing with this explosion of data theyre also crossing over with solid state versus hard drives so its way more Cost Effective with power and heat to garner those ssd devices. Weve never seen these in the past whats going to change our world in the next ten years is the aai big data so you combine all those thing together, people have a hard time because they try to extrapolate from the past. We have some faculfundamental dt are multi drivers. So we see clear line of sight, jim. Tremendous Revenue Growth from 2018 and beyond. Thank you to garry dickerson, the ceo from Applied Materials mad moneys back after the break. Were drowning in information. Where, in all of this, is the stuff that matters . The stakes are so high, your finances, your future. How do you solve this . You dont. You partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. Morgan stanley. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch and you could save 782 on home and auto insurance. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance. As youre investing coach ive already considered mart of my job to keep an eye on the list of initial Public Offerings or ipos in order to educate you about the companyings coming forward. Everynow and then i really nail it you remember that canned goose, its been the one i purchased the most that i recommended back in march the stock is 55 gain. Id like to warn you, warn you when something seemed too hot right out of the gate. Like blue apron, or snap im not a fan of the stock of stick fix either which came public today sell sell sell sell sell. You get it. As part of our ongoing review, we spotted a trend thats been on the rise and frankly im not happy about it more and more Chinese Companies are listing themselves on u. S. Markets, particularly the new york stock exchange. Im not the first guy to pick up a hate this new trend because im worried about it what exactly buzz the influx of chinese ipos mean . According the ipo kperts at renaissance and capital we had 149 deals so far in 2016, up more than 3 for this time last year by my count 11 of those ipos were Chinese Companies we got more chinese deals in just the past weeks. That in itself is a serious red flag how will these ipos from people having doing six of 11 are up with chinas finance, and so goes all on positive territory rise education, four seasons education and yesterdays ipo. Both but two of the lenders are down from where they started chaining, best and shy lab meaning they spiked out of the gate and have since come down. For people who couldnt get stock in the actual ipos its like four winners and seven losers thats the great nanalysis ended up with a nice pop and the stocks northwester nearly up 5 want the fine deals weve seen since last september the company that kicked thing off was best ink, bs ti. They went from 65 million to im sorry 62 million to 45 million. Best range had to slash its prize range by 25 then theres see coo holdings. This deal was a bust it came public at 13 stock opened at 12. 10. Now its down to 7 . Its only gotten worse since then this stock traded down to 8 as of today a terrible loss. So far not so good meanwhile the five stocks listed here from october and november are all performing first the qd came public on the 18th deal price at 24. 2 above its price range giving anyone who got in on it an amazing 43 gain. Qd got too hot too fast. Investors began having second thoughts and october 26th, the stock had traded down to 22. 80. More than a dollar below than the deal price if you bought this then when i think it started trading you are crushed. Youre down 40 in less than a month. Two days later rise education, ipo of 14. 50 stock opened up at 16. 10 from the get go. Investors sour and it went quickly. Over the next three days, rise got obliterated, plunking from 16. 61 to 12. 21 in a brutal three day sell off earlier the darn thing dipped down to single digits, today its back over 10. People who have bought rise got really burned. Four seasons education, fedu came public nine dies ago. Prices 10 by the end of the first day of trading stock back slid down to 9. 50 in a single session anyone wrapped up 5 loss still below 10 same goes from sew ga the secon largest in china it rallied to 13. 50 by the end of the day since then its been flat. Its the best performing ipo in the next couple of months. Shine poo made a debut at 8 today its gotten annihilated down more than 10 17. 17 as to this stock i dont make up the names, looking look at all these names from the peoples republic. Four of the 11 chinese o pos have beenition Companies One specialize in math, one after school english, and the last one bilingual schools bright scholar priced at 10. 50 and its climbed to 22 and change as of today these other education ipos i think theyre trying to calculate on this one companys great success. Bright scholar we see this all over the time. You get a bunch of lower Quality Companies trying to capture some gains and you dont want to buy the imtarts. Heres the bottom line of the sorry story. The reason smaller chinese ipos are not for you. If you dont understand the company you shouldnt be playing with its stock which is why so many people have gotten burned on these deals how are you supposed to differentiate if you dont know the symbols or live in china you want to surge in the Chinese Committee and i do want that, i say stick with stocks you can get your head around the others, stayway. James in virginia, james caller hey jim bow great to talk to you. Ive been watching mongo i wanted to get your take on it. We li