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tv   Mad Money  CNBC  April 20, 2012 11:00pm-12:00am EDT

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caps/bruins. devils/panthers. senators/rangers. sharks, blues, blackhawks and coyotes up next here on cnbc is "mad money" with jim cramer. coach mike keenan and our entire team i'm bill patrick. thanks so much for joining us. good night, everybody. >> welcome to my >> you need >> you need to get in the game. >> nuts. >> they they know nothing. mad mad mon you can't afford t you can't afford to miss it. felt like a felt like a tug of war her the the united states of america and fears that fears that europe could be
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backsliding. backsliding. nasdaq, down 2.4%. nasdaq, down 2.4%. we're now we're now heading absolute height of absolute season. season. so it's time for so it's time for me to give you the miranda warni the miranda warning. keep your gun holst keep your gun holstered, your finger far away fro finger far away from the trigger in trigger in most cases. the today the today cough knee of earnin reports reports creates a level confusion that's confusion that's off the shoots so ask que so ask questi later. later. if you take if you take the quick-draw approach, you will approa mistakes. mistakes. this this is the single the year to make a b the year to make a bet. but i still need to but i still need to fill you in. i still need to gi i still need to give you a game plan of what's goi plan of what's going to happen. monday morning we monday morning we hear from conoco phillips. conoco phillips. conoco is splitting. conoco is splitting. that's the good news. that's the good news. bad news is it's a
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bad news is it's a used natural gas claim. gas claim. when the when the breakup happens i like its oil its oil and gas don't want to be i don't want to be in refining. netflix reports. netflix reports. talk about a quarte talk about a quarter that's going to steal the sh going to steal the show th day. day. will it return to gr will it return to growth? can it regain its l can it regain its luster. my my take, netflix did at one time have an have an advantage but has has caught up with them and isn't isn't special, yet it sells at a special 25 special 25 times earnings that makes that makes it this guy. this guy. we get results fro we get results from texas instruments. instruments. the symbol is txn. the symbol is txn. apple reports the v apple reports the very next day. texas instruments is texas instruments is a big apple supplier and nokia s supplier and nokia supplier. people are going to people are going to try to extract the nokia b extract the nokia biz, and see what apple may repo what apple may report. given given what we heard about shortages from shortages from qualcomm, that knock apple do that knock apple down. today too much sup today too much supply from san disk, flash, we ne disk, flash, we need this input as well as as well as input from arm holdings and holdings and morning. morning. so those who insist
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so those who insist against my wishes on trading ap wishes on trading apple every minute, rather than minute, rather than investing in it, as i prefer, you it, as i prefer, you will intel -- get -- get some in companies. companies. tuesday, yes, it i tuesday, yes, it is indeed apple day. day. they report after t they report after the close. that's all anyone i that's all anyone is going to focus focus on, particularly after apple's apple's devastating from its highs thi from its highs this week. we need to hear that we need to hear that ipad and iphone demand is h iphone demand is holding up. most important beca most important because of hype, apple has to beat no apple has to beat not just the consensus consensus highest estimates ou highest estimates out there. so jot these down so jot thes to. to. 11.80 of earnings p 11.80 of earnings per share and $41 billion in revenu $41 billion in revenues. they must beat tha they must beat that. i think the near-te i think the near-term considerations shoul considerations should not control your think control your thinking, because apple is an investm apple is an investment, not a trade. trade. that's my rule, oka that's my rule, okay? >> awesome tuesday, >> awesome tuesday, in the morning, we hear fro morning, we hear from one of my favorite big cat na favorite big cat names. and that is 3m. and that is 3m. given the new produ given the new products it has, i expect this compa expect this company will do quite well, like so quite well, like so many other
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old-line old-line from this week. from this week. if you stock gets hit if you stock gets hit, don't forget, 3m is a divi forget, 3m is a dividend aristocrat. aristocrat. one of the one of the best records for boosting boosting payouts. they raised they raised the dividend every year for year for 54 consecutive years, which is probably w which is probably why i have a predilection in its predilection in its favor. i think at&t doesn i think at&t doesn't have the growth of verizon rig growth of verizon right kno i expect expenses c i expect expenses could be trending up. trending up. i suspect they're i suspect they're losing some share share because sales. sales. that said, listen, that said, listen, this stock gets hit, because t gets hit, because the down is pretty minimal. is pretty minimal. nice yield. nice yield. in addition to in addition to apple tuesday, we hear from hear from panera bread. i'm comfortable wit i'm comfortable with the numbers, but i have q numbers, but i have questions now with the turno now with the turnover in management, so we ca management, so we can't be as confident as we wou confident as we would like to be. be. wednesday, monster wednesday, monster day again. boeing and caterpill boeing and caterpillar will control the action. control the action. we know we know from honeywell and alcoa, two alcoa, two key boeing sup
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the aerospace is red the aerospace is red-hot. boeing hasn't boeing hasn't done lagged the others. lagged the others. if boeing even whisp if boeing even whispers a slippage, that stock slippage, that stock will indeed hurt the trust, for hurt the trust, for certain. go down below 70. go down below 70. but if all is well, but if all is well, i say the stock going into $ stock going into $76 pretty quickly, maybe eve quickly, maybe even higher. as for as for caterpi in the morning. in the morning. we had ppg on the sh we had ppg on the show yesterday, and the yesterday, and the ceo talked about how constructio about how construction is coming back in this countr back in this country. china on the other china on the other hand seem weaker. weaker. the situation is no the situation is not as robust as i would like. as i would like. while the stock ha while the stock has come down, i don't want to take a don't want to take a swig. i would rather just i would rather just listen. if this if this stock were up where was, believe was, believe me to sell it. to sell it. we get results we get results worldwide. worldwide. there's a lot of co there's a lot of companies that i didn't include in i didn't include in this, because of the spac because of the space, but this is the kind of thing is the kind of thing i have to talk about. talk about. this is a this is a sleeper stock that keeps blowing keeps blowing away the one of the best one of the best o
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our era. our era. will this time be will this time be different in i don't think so. don't think so. after the close, we after the close, we have a huge dividend boost, and w dividend boost, and we've seen time and time agai time and time again that's a tip-off for an upsid tip-off for an upside surprise. yet there's so yet there's so many bears in the name because it's inv name because it's involved in coal, coal, i'm getting this could be a terrific trade a terrific trade going into the number if it is dow number if it the number. the number. thursday morning we thursday morning we hear from celgene. celgene. this one tends to g this one tends to go down in the quarter and quarter and rally when people figure out that figure out that the ceo is naturally naturally conservative. this this biotech has an incredible pipeline and pipeline and we'll learn a ton about the pipeline about the p call. call. i want you in that i want you in that stock if it gets hit. gets hit. in it, exxon mobil in it, exxon mobil also reports on thursday, who ca on thursday, who cares? they're the biggest, they're the biggest, but not the best. best. still exxon will tell still exxon will tell us the state of the state. state of the state. if if it says natural gas has no real future beyond real future beyond utilities, look for that look for that fuel to take another another leg after the close we after the amazon. amazon. all i can say is ou
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all i can say is ouch. i think jeff bezos i think jeff bezos is spinning like a drunken sailo like a drunken sailor. i fear a shortfall i fear a shortfall. this is probably on this is probably one of the most asked-about stocks asked-about stocks, so has it come down enough to come down enough to buy? too many people want too many people want to know this. this. that makes me nervou that makes me nervous. i'm also nervous t i'm also nervous that ugg has peaked. peaked. so has so has the stock. it's become it's become a total show-me story. story. speaking speaking of show me, omg pop. how about this zyn how about this zynga. no earnings, but i no earnings, but i know why? is anyone clicking o is anyone clicking on the ads? scramble with friend scramble with friends, i've done everything i can everything i can to avoid for an ad ad on scramble with i i don't think i'm friday brings inter friday bri paper. paper. i bet i bet that i about that acquisit about that acquisition. how much more syner how much more synergies there are. are. channel for trust o channel for trust owns this one. i suspect it will w i suspect it will work maybe big. big.
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procter & gamble r procter & gamble reports too. is the restructuring is the restructuring working? i think the i think the top line is hot but th hot but the earnings could be better. better i think i think it kimberly clark. kimberly clark. coal gate coal gate will report the day before and before and i think colgate have better numbers. have better numbers. last but nos least, last but nos least, vf corp. it's been a great ti it's been a great time. vf corporate is a f vf corporate is a fabulous apparel maker. apparel maker. it's going strong. it's going strong. the the company as well as pvh, are are terrific. but but vf gets hit conference conference call quite a because because eric wisen, the ceo, so so you've got you've got a 140 stock, when that ge that gets hit on the conference call, it goes down call, it goes down to 130. i say wait to the d i say wait to the down draft. in the tidal wave of in the tidal wave of earning there are some ter there are some terrific opportunities. opportunities. just remember that y just remember that you have to listen to the confe
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listen to the conference ca and not take your cue from and not take your c headlines. headlines. that is that is a sure-fire it wrong and lose m it wrong and lose money. i'll have something i'll have something about that later on in the sho later on in the show, when y ask questions firs ask questions first and shoo later, you're much later, you're much more likel to come out ahead. to come out ahead. let's go to pt i let's go to pt in colorado to start the calls. to start the calls. pt? pt? >> caller: hey, jim >> caller: hey, jim, a big mesa verde national par verde nationa you. you. >> and i've been t >> and i've been there. it's gorgeous. it's gorgeous. what's on your min what's on your mind? >> caller: i'm shop >> caller: i'm shopping for so alcoa. alcoa. i watched your fant i watched your fantastic interview last nigh interview last night. >> thank you. >> thank you. >> caller: and he's >> caller: and he's one of best. best. the problem is i've the problem is i've already got some got some boeing and it like th like they're pretty tight at the hip. hip. so my question is this, jim. can i have my alu can i have my aluminum and it, too? it, too? will i be diversifie will i be diversified enough? >> look, there's ob >> look, there's obviously overlapping, becaus overlapping, because they make the fasteners for t the fasteners for the planes, alum alum numb skin for the 737, but that sai that said, different things. different things. i would own them bo i would own them both. lots of earnings co lots of earnings coming up next week, everybody, s week, everybody, so you have to do your homework. do your homework. we're mostly listeni we're mostly listening. hey, listen, we're hey, listen, we're waiting for
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big breaks. big breaks. if vf conservative, if vf conservative, or maybe someone says someone says wyndham good or clip. good or clip. we're going to liste we're going to listen for the breaks, and then li breaks, and then listen to calls, and then tak calls, and then take action. "mad money" will be "mad money" will be right back. coming up, disas coming up, disaster recovery. recovery. investors slam investors slam it like a hammer on one on one fixer upper stock after reporting, but reporting, but this knee-jerk reaction costs reaction costs them mad money. cramer is cramer is arming you with tools t tools to turn their loss into your your and later, turn up the thermostat. thermostat. honeywell honeywell sweetened up portfolios today af portfolios today after repor a st a strong strong beat and ra could could green jet fuel soon this stock this stock higher? the the earnings exclusive with the company ceo is just company ceo is just ahead. all coming up on " all coming up on "mad money." i look at her, and i just want to give her everything.
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as i said many times, buying a stock during the h a stock during the height of earnings season is li earnings season is like crossing the street during r the street during rush hour traffic. traffic. you need to stop, l you need to stop, look and listen before you c listen before move. move. if if you take your cue from the headlines and headlines and jump to a conclusion withou conclusion without listeni the conference the conference call, the are you will make a m are you will make a mistake. ask people about go ask people about google, and then next day it f then next day it fell 50 points. that's why i'm say that's why i'm saying you can't afford for shoot firs afford for shoot first and ask questions later. questions later. this is very much this is very much a shoot-first market. market. one where one where all kinds get gunned down afte get gun report. report. even when the quar even when the quarters are actually pretty darn actually pretty darned good. i talked about this i talked about this last night. those were those were merely cases were were merely misleading. people people saw the stocks get hammered a hammered at the quarter so got got conf results must have b re disappointing. disappointing. the stocks had run the stocks had run up, and i think ibm comes back think ibm comes back next week.
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even more confusing even more confusing is when the market is just pla market is just plain mistaken. so far this season so far this season there's been no bigger mistake no bigger mistake than the reaction reaction to stanley black decker, swk. decker, swk. which reported wed which reported wednesday night, actually and sold of actually and sold off viciously yesterday. yesterday. falling about 7%. falling about 7%. this was a totally n this was a totally needless sell-off. sell-off. caused by caused by a bunch mcgraw traders. mcgraw traders. who could who couldn't bother to wait the conference the conference ball. but the but the poor judgment i think that that is created a opportunity for you opportunity for you to buy the stock stock at a discount, which why why tonight i want to explain what went what went wrong. so you can see what so you can see what's happens here. here. more important so y more important so you, first,
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full disclosure i'v full disclosure i've been a big fan for ages, and la fan for ages, and last year my charitable trust b charitable trust bought it, and you can follow alon you can follow along, as a play on the housing bott on the housing bottom and improvement in manufa improvement in manufacturing activity. activity. it's been a big wi it's been a big winner. it became it became the largest tool company company on it's like it's like everything is made the the same company. the the sales from the -- split between industrial between industrial and fast-growing securi fast-growing s magnificent. magnificent. this is a pretty goo this is a pretty good busine to be in right now. to be in right now. we now that swk gets we now that swk gets about from home depot and low home depot and lowe's, two stocks that have pr stocks that have practically established permane established permanent residence on the high list. on the high list. because of the poten because of t housing recovery. housing recovery. plus i also like th plus i also like that stanley has a has a fabulous management team with with massive merger well as a well as a pretty darn cheap stock. so what went wrong so what wen then? then? for starters it ha for starters it had run up too much and the expectat much and the expectations had gotten out of contr gotten out of control. just just like when saw when ibm yum yum sold stanley black & dec
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stanley black & decker w similar situation. similar situation. maybe maybe the tru taken bigger profits taken bi haenld. haenld. well, anyone well, anyone the stock had run up up 37 straight points or from the lows of la from the lows of last october. everybody and their everybody and their mother expected stanley to expected stanley to delivered a fabulous beat and ra fabulous beat and raise. the estimates for h the estimates for home depot and lowe's were going up. lowe's were going up. you know that's my you know that's my favorite of the group. the group. consumer consumer confidence was on the mend, and the mend, and the weather was warmer than usual, than usual, strong retail sales. strong retail sales. so when you company so when you company not only failed to beat and failed to bea did miss numbers. did miss numbers. earnings we earnings were just three cents shy, shy, the stock just creamed, pulverized. creamed, pulverized. granted, two of th granted, two of those on higher tax rates. tax rates. and the guidance whi and the guidance while kbrifs -- kbrifs -- impressive, 10 to growth, wasn't enoug growth, wasn't enough. was it enough stanl was it enough stanley black & decker, much like m decker, much like most -- di hold its conference c
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hold its conference call that night. night. to make mat to make matters worse, no, much worse, worse, they didn't hold their conference call conference call that they they waited until the next day, 10:00 a.m. the foll 10:00 a.m. the following da all sorts of specul all sorts of speculation about what really happene what really happened? i mean, any informat i mean, any information, the company's injudici company's injudicious policy, and not even before and not even before the opening next day made it much next day made it much easier for people to shoot fir people to shoot first and ask questions later. questions later. even though even though the conference call is where is where you get all the important data and t importan analysis. analysis. i have to say i'm p i have to say i'm pretty furious that the policy is t that the policy is to wait until 10:00 a.m. the next 10:00 a.m. the next day and should be changed im should be changed immediately so that that the same thing doesn't happen the next qu happen the ne one after that. one after that. if i was on the boa if i was on the board on monday morning, i would say morning, i would say i watched "mad money," we'r "mad money," we're changing that policy and put it rig policy and put it right to the ceo. ceo.
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i always say wait f i always say wait for the conference call, bu conference call, but yesterday we had to make an ex we had to make an exception for the charitable trust the charitable trust. we boug we bought heard from management heard from management. the market's reacti the market's reaction seemed too darn extreme. darn extreme. the trust res the trust re i talked about it. i talked about it. we talked about viol we talked about violating the rules, and we want - rules, and we want -- there was plenty to like in plenty to like in the quarter from the from the release. the the swk did deliver 12% revenue growth, growth, 3% organic growth, gross margin was margin was high despit inflation pressure inflation pressure. free cash flow, and free cash flow, and we liked the earnings guidance, earnings guidance, so we di take action. take action. sure enough, manag sure enough, management did terrific job explai terrific job explaining the results. results. if they had only he if they had only held the call wednesday night, i wednesday night, i don't think the stock would hav the stock would have pulled back nearly so hard. nearly so hard. maybe down maybe down 2, 2 1/2, 3. at one at one point it was like dow it was crazy. it was crazy. the company explai the company explained they were seeing a housing rec seeing a housing recovery, told you the point of s you the point of sale was strong at its top 12 cust at its top 12 customers from
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just 1% in the four just 1% in the fourth quarter, because sales in the because sales in the channel lagged sales out o lagged sales out of it. these these numbers imply will pick will pick up in the second quarter, and i thin quarter, a big. big. as for the margin as for the margin declines, that was part seasonality was part seasonality we learned, but also because the but also because they required a company call -- and t company call -- and they didn't realize all synergy realize all synergy, but management said we s management said we see the full benefits over the r benefits ove year. year. the results the results were stellar, courtesy of courtesy of improved dema management also expec management also expects recall costs to peak. costs to peak. hey, listen, it's p hey, listen, it's plastic, plastic is going dow plastic is going down in price. putting it all toge putting it all together, full-year earnings full-year earnings guidance, seemed way too con seemed way too conservative. i also got a feel i also got a feel that things are so good, a spec are so good, a special dividend could be on its wa could be on its way on top of stanley's also sol stanley's also solid 2.1% yield. that means that means the stock is just too too -- this earnings. earnings. that is a big discount that is a big discount, average historical multipl historical multiple, but the story wasn't told story wasn't told right, and it wasn't told in time wasn't told in time, and that got people down. got people down.
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here's the bottom li here's the bottom line. when you combine gr when you combine great expectations with expectations with a disappointing he disappointing headline number and a and a conference call that didn't didn't happen until late morning after morning after the market you can get you can get hideous, unnecessary declines, like declines, like the one we saw stanley black & dec stan yesterday. yesterday. digging through the digging through the details and more important list more important listening to the conference call, it conference call, it's clear the fundamentals are m fundamentals are much better, than that than that big sell-off would lead you lead you to believe, which is why i believe why i believe swk is worth buying here buying here until the market comes to comes to its stock goes back up. stock goes back up. out of quick-draw h out of quick-draw hedge funds and a management th and a management that doesn't understand the marke understand the market, comes a true opportunity t true opportunity that you need to pass on. to pass on. stay with cramer. stay with cramer. coming up, tur coming up, turn up the thermostat? thermostat? honeywell honeywell sweetened up portfolios portfolios today. could could green jet fuel so propel this stock propel this stock higher? cramer's earnings cramer's earnings exclusive with the company's ceo is the company's ceo is just ahead.
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and a choice. take advil now and maybe up to four in a day. or choose aleve and two pills for a day free of pain. way to go, coach. ♪ has been because of the teachers and the education that i had. they're just part of who i am. she convinced me that there was no limit to what we could learn. i don't think i'd be here today had i not had a wonderful science teacher. a teacher can make a huge difference in a child's life. he would never give up on any of us. thank you dr. newfield. you had a big impact on me. we have reached the end of green week. green week. i want to i want to highlight a great american manufactu american manufacturer that's quietly but
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quietly but surely helping to fight climate fight climate change and make the environment the environment a cleaner i'm talking about h i'm talking about honeywell. the the diversified industrial company that m company that makes everything from from aerospace components to automation automation and climate control equipment to s equipment to s parts. parts. when you think gree when you think green, your mind normally goes normally goes to solar companies, but companies, but these often uneconomic solutions uneconomic solutions don't amount to amount to much energy at all. especially when you especially when you take away the government the government makes them viable. makes them viable. but you know what m but you know what makes a real difference and act difference and profit? profit? energy efficiency. energy efficiency. 40% 40% of all the electricity used in the united stat in the united states is controlled by controlled by honeywell's building building automation technology. plus they plus they make turbo chargers to improve your improve your car's gas by 35%. by 35%. just just two days ago the company announced they're announced they're flight a new green jet fue a new green jet fuel. a biofuel based on a a biofuel based on an oilseed feedstock. feedstock. one of the best-run
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one of the best-run companies i know. know. no no surprise when they reported terrific quarter. terrific quarter. it was driven in it was driven in part by the phenomenal strength phenomenal strength of t aerospace business. aerospace business. i'm i'm thrilled to have dave cody who just who just celebrated his 10th anniversary. welcome back to "mad welcome " " >> what a wonderful >> what a wonderful intro. >> well, look, it's >> well, look, it's -- i take i take my cue from you. this was the this was the most heard. heard. you started with th you star terrific. terrific. >> >> i feel pretty confident our ability our ability to outperform so, yes, i probably am yes, i probably am
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>> and >> and this aerospace. you didn't break you didn't break out many planes many planes but it sounds l this is this is not something that's done in a done in a year or >> >> and i and it's not just number of planes for planes for us. we just we just got a $2.8 billion order. order. >> so i can stream my videos on an an >> t >> that's exactly right. the the cool thing was this was a $500 million $500 million deal that eight months eight months ago and now we just landed landed a $2.8 billion order. >> i like >> i like the honeywells. i never know i never know where the money is coming from coming from >> we felt pretty >> we felt that one. that one. >> so if aerospace d >> so if aerospace does good, is this this perfor business doing well business doing well. people don't know w people don't know what performance materia performance material are. describe the big o describe the big orders that go the that drove th go the that drove that te number. number. >> >> i would say it was three segments. segments. the the biggest one is the uop where we are the leading we are the leading designer process process technologies for refineries throughou refineries t world. world. >> you refine even >> you refine even oilsands oil.
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>> not just oilsan >> not just oilsands, but when you think about even you think about even household detergent, the stuff detergent, the stuff you use it's usually refined it's usually refined using o stuff. stuff. it is it is unbelievable what are able to do. are able to do. >> now, i mentioned >> now, i mentioned that the turbo engines, and no turbo engines, and now that business where i di business where i did not see great growth. great growth. you really ascribed you really ascribed a lot of that -- you're talk that -- you're talking about the united states maybe united states maybe being strong, but europe - strong, but europe -- it's tough, right? tough, right? >> auto sales in e >> auto sales in europe are down about 10%. about 10%. >> that's big. >> that's big. >> you >> you say okay, they're down 10%, but we were dow 10%, but we were down only 1%. the big driver is the big driver is we're winning so many platforms an so many platforms and so many new things. new things. when the auto indus when the auto industry comes back a bit, that bu back a bit, that business will perform really well perform really well. those guys those guys are extremely well for extremely well for us. >> and you're also d >> and you're also doing well despite the fact yo despite the fact you still are not getting the bui not getting the building construction that yo constructi you'd get. you'd get. >> correct. >> correct. you think about auto you think about automation and controls solutions, controls solutions, there is an
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impact to housing, a impact to housing, and that is been pretty much fl been pretty much flat for a while. but we're but we're performing this well and tha and that hasn' take off yet. take off yet. i feel pretty good i feel pretty good about where things could go things could go here. >> when >> when i look at this aerospace, aerospace, what i everybody everybody realizes, you're in everybody's everybody's you're you're agnostic. >> >> >> if i had >> if i had to look at t division that did division that did worry me the most, defense in most, defense in just going away? just going away? >> i don't know that >> i don't know that it's going to go away, but i to go away, but i would say -- i've been predictin i've been predicting defense industry downturn f industry downturn for six years, so i might finally so i might finally be right. we've been kind of we've been kind of planning for this for a long tim this for a long time, saying this this is unsustainable, it can't keep going this keep going this so i think this year so i thi right. right. >> it finally happe >> it finally happens. >> it finally happen >> it finally happens, but i don't think it wil don't think it will be precipitous. precipitous. we have a first hal we have a first half/second half difference. difference. we'll see we'll see more impact in the second second half, but then it only declines declines 1% o that. that.
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>> not a killer. >> not a killer. china was weird china was weird for y guys. guys. a lot of people wou a lot of people wouldn't think that china would ge that china would get stronger during a quarter. during a quarter. it started slow. it started slow. >> we ended up wit >> we ended up with 20% growth in china this quarter in china this quarter, which is -- you know, if tha -- you know, if that's what bad is, great. is, great. we'll take more of i we'll take more of it. but a big chunk o but a big chunk of that was driven by long cycle driven by long cycle stuff. aerospace, oil aerospace, oil and kind of stuff. kind of stuff. a short cycle, we di a short cycle, we did see the rate of orders grow rate of orders growth decline a bit. bit. but starting to pic but starting to pick up. personally i think a personally i think as you start to get into the seco to get into the second half with the leadership tran the leadership transition, more financial financial flexibility in the country wi country will new president coming new president coming in. nobody wants the new nobody wants the new president to come to come in economy right away. economy right away. >> it is earth week >> it is earth week. i think you guys ha i think you guys have done more than almost any other than almost any other company to come up with economi come up with economic solutions, not pie in the sky not pie in the sky solutions, but solutions that but solutions that don't need government subsidies government subsidies. i know you're acutel i know you're acutely conscious of go conscious of government deficits.
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deficits. you don't want why don't why don't you show us the things that you the things tha with. with. you seem to make mo you seem to make money on what you do, but you als you do, but you also seem to help. help. >> well, we've alway >> well, we've always thought that was the way yo that was the way you had to do it. it. it's got to be a goo it's got to be a good product, it's got to it's got to accomplish a good end, but end, but it's got to be easy use and it has to m use and it has to make sense. if it doesn't make if it doesn't make economic sense, it's not goi sense, it's not going to last. this one is really this one is really simple. it's it's jus remember mat. remember mat. -- thermostat. -- thermostat. now, you wouldn't now, you wouldn't believe the amount of complexity amount of complexity that is behind the simplici behind the simplicity that's in this. this. it's a terrific quo it's a terrific quote i think that simplicity is t that simplicity is the ultimate sophistication, in sophistication, in steve jobs' book, goes back to l book, goes back to leonardo da vinci, but that's w vinci, but that's what our guys have have done with this thermostat. it can connect to t it can connect to the internet. it knows when you' it knows when you're in, when you're out. you're out. starts to learn you starts to learn your lifestyle. something like this, something like this, when you consider that half of consider that half of your energy use is your energy use is your heating and cooling system, and cooling system, and all of that can be can be controlled through this thermostat, you can
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thermostat, you can cut by without affecting y without affecting your comfort. nobody wants to sav nobody wants to save energy and be warmer in the s be warmer in the summer, colder in the winter or hav in the winter or have a car that doesn't go like the doesn't go like the last one did. so so you've got to find a do that and this th do that and t it. it. our guys have done a our guys have done a tremen job. job. it connects with the it connects with the internet, which is important which is important, because that leads to this, wha leads to this, what we call the total connect syst total connect system. this is a more soph this is a more sophisticated version. version. we call it tuxedo. we call it tuxedo. what it allows you what it allows you to do. i don't know i don't know if you can see this, but this, but you can tie in security security system, your automation system, system, your energy system you can even get mult you can even get multimedia. what this means is n what this means is now with a single button, you single button, you can actually control your whole h control your whole house. you can save energy you can save energy, reduce -- turn on the fans, br turn on the fans, bring the window shades down window shades down, everything. get the temperatur get the temperature outside, you can see your video, y can see your video, your -- you can be at work, hone can be at work, hone in on the camera at home, see camera at home, see that your child arrived safely child arrived safely at home. there was nobody there was nobody with your child
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when when they >> that's a holy gra >> that's a holy grail. >> pretty neat stuff >> pretty neat stuff. >> is that 100 per >> is that 100 percent agave? >> that's dragonas, >> that's dragonas, and it -- >> >> that's the most expensive tequila. tequila. that's $40 a >> >> it this stuff is trem this stuff is tremendous. it says honeywell g it says honeywell green jet fuel. fuel. that's exactly what that's exactly what this is. when you read abou when you read about jet planes being flown back an being flown back and forth across the atlantic across the atlantic, how we flew our own our own plane for the paris show, it was using t show, it was using this stuff. this this is made from camolina, a weed. and and this will actually fly a plane. plane. >> and the military is buying into into this? >> a million gallons >> a million gallons so far. how can you become how can you become more energy independent, independent, this is one of the fuels that fuels that has to -- this of the of the capab get developed. get developed. >> you're >> you're also natural gas turbine natural gas turbines. >> i like all fuels >> i like all fuels. >> that's important. >> that's important. >> i think it's impo >> i think it's important to have -- we were talk
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have -- we were talking about this earlier. this earlier. you need a portfol you need a portfolio of opportunity here. opportunity here. just because someth just because something looks great now doesn't m great now doesn't mean it will ten years from now. ten years from now. you need all of this you need everywhere. everywhere. >> what else you got >> what else you got cooking? >> the turbo charg >> the turbo charger. if you look at this if you look at this gray piece right here, this i right here, this is really a small version of a j small version of a jet engine. this is this is der technology. technology. the fact that we hav the fact that we have a jet engine business mak engine business make us particularly good. particularly good. this one this one goes cruze. cruze. it allows a four cyl it allows a four cylinder engine to perform likes a s to perform likes a six cylinder. >> th >> this is what we've always needed. needed. we need getting the same pow getting the same power. guys i know simply guys i know simply won't adopt, because they say because they say there is not the the power. americans need americans need they want more pow they want more power. >> th >> this gets back to the point nobody wants to be nobody wants to be warmer in the summer, colder summer, colder in the winter have a car that doesn have a car that doesn't go. that's all our stuf that's all our stuff tries to do that. that. this, by the way, g this, by the way, gets 40 mi to a gallon. to a gallon. >> that's it. >> that's it. that's what we need. that's what we need. >> you'll see this >> you'll see this more and more
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in the u.s. in the u.s. >> that's how we're >> that's how we're going to save money. save money. now some videos? now some videos? >> we have a really >> we have a really cool o here. here. >> you really broug >> you really brought it today, dave. dave. you brought it. you brought it. >> this is just a sma >> this is just a small sampling. sampling. i i you woul have. have. this is an example o this is an example of something we call 3-d weather we call 3-d weather radar. if you look at most if you look at most radar, all you get is a 2-d loo you get is a 2-d look at it. the display the display is 2-d but a only only looking at it 2-d also. you have no idea of you have no idea of the depth of a a cell, how difficult it is. does it h does it have have hail? have hail? those are the impor those are that you need to kn that you need to know. this is this is what you'd able to see. able to see. what our what our guys have been ail do is do is take this and transform to to a 2-d image so that you can actually actually as a pilot the hail is. the hail is. know know where the lightning is without seeing it without seeing it outside your window. window. >> that's what they're with that, they're with that, they're just looking? >> they look and h >> they look and have a sense
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for the cell. for the cell. >> i don't want a s >> i don't want a sense of the cell, i want the deal. cell, i want the deal. >> and they don't a >> and they don't always know the way around it. the way around it. they'll start to go they'll start to go where they think is around it, think is around it, but there's lightning and hail lightning and hail, and hail destroys a plane. destroys a plane. it's not a safe thi it's not a safe thing to fly in. it saves a it saves a lot of because because 40% of are caused by weat are caused by weather. >> this is why i lik >> this is why i like honeywell, why i why i like the stoc it's also a it's also a fun company but makes a makes a lot of money and it boosts the boosts the dividend done a remarkable j done a remarkable job. thank you for coming thank you for coming on "m money." money." >> always a pleasu >> always a pleasure. >> that's dave cody. >> that's dave cody. you can go through you can go through the presentation, it's a presentation, it's all there, quite exciting, and quite exciting, and it can make you some money. you some money. stay tuned as we stay tuned as we crank up the volume. the volume. cramer goes all out. cramer goes all out. the calls keep comin the calls keep coming in. try to keep up on a try to keep up on a high im lightning round. lightning round. and later, crame and later, cramer's taking your questions on t your questions on the air, so tweet them at jim cra tweet them at jim cramer, hash tag mad tweets, and tag mad tweets, and stay tuned
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for al for al all-new edition tweets." tweets." [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪
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it is time -- it's time for the lightning round. which you hear this sound, then the lightning round is over. are you ready skee-daddy? why don't we start with reese in alabama. >> caller: roll tide, cramer? >> roll crimson. walgreens. >> it makes a deal with express scripts. i think it is a don't buy -- don't buy. sorry. matt in new york? >> caller: a tgif boo-yah. >> no kidding. i cannot wait to get out to boston. what's up? >> caller: jnpr. june fer. -- juniper. once again they're going to be downbeat. let's go dan in new york. dan? >> caller: yes, i'm calling you -- boo-yah, by the way. >> thank you. >> caller: i'm calling about beacon roofing? >> beacon roofing, that is in the sweet spot. that's what people are doing.
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tractor supply, being an roofing. hey, listen, don't forget stanley works, take advantage of it and buy. steve in connecticut. >> caller: boo-yah from connecticut. >> right near my producer. >> caller: i want your input on metro pcs. the stock has fallen more than 50% over the last year. >> no, i don't want to touch it. i'm not even sure about it -- i'm not even sure kyle is a producer, i think he's a stage manager. let's go to richard in iowa. richard? >> caller: jim, this is rick from iowa, and i've been watching your show, i get a lot out of it. can you tell me, is walmart pretty good? >> ike walmart is fine. i like the dollar stores more, particularly dollar tree, and costco and and carl is doing an unbelievable documentary that everyone says is the best we have ever done. jack in texas. jack?
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>> caller: big boo-yah, jim bo. this is jack. >> jack, what's up? >> caller: what's your take -- on what's been happening with constellation brand? >> that was a really -- that was a very discouraging -- goldman discouraged me, too. now i'm going to job in california? >> caller: boo-yah, jim. >> how's it going? >> caller: how's it going? my stock symbol is fun. >> i'm having fun -- holy cow, it's at $31. i've got to tell you, there i'm do cha-ching, cha-ching. i'm not overstaying my welcome. do not overstay your welcome. take some profits. that, ladies and gentlemen, is the conclusion of the lightning round. the lightning round is sponsored by td ameritrade.
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pin the tail on the federal reserve. >> oh. >> it's up more than 100, it must be -- ♪ [ mooing ] >> if it's down more than 100, it's definitely ben. i know what's bogus, unhelpful nonsense. risk on, risk off. the real lingo. >> hi, jim, a big east boo-yah to you. >> man, i'm totally a love from way back. >> caller: where can weight watchers be headed. >> tim walden, i've got to tell him to put a little weight on. he's killing me with that wtw. i can't even see him, he's like the invisible man. he looks fabulous and fitter than ever. ♪ i'm sexy and i know it . >> can i feel like a habitat for bro manity and say he looks good?
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♪ don't you remember you told me you loved me baby ♪ >> do you want me to change? ♪ >> i've said it before and i'll say it again, this is a stock picker's market. ♪ >> this is my duck hunt call. ♪ >> i haven't seen a turkey. in a stock picker's market -- shoot, man, they're going to shot me now. ♪ in the jungle, the mighty jungle, the lion sleeps tonight ♪ >> don't go duck hunting with a penknife. ♪ [ rooster crowing ] >> i'm sorry. polar shifts will reverse the earth's gravitational pull and hurtle us all into space. which would render retirement planning unnecessary. but say the sun rises on december 22nd,
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and you still need to retire. td ameritrade's investment consultants can help you build a plan that fits your life. we'll even throw in up to $600 when you open a new account or roll over an old 401(k). so who's in control now, mayans? fx: car garage sounds) today my journey brings me to charlotte, north carolina,(k). where i spent the day with geico driver casey mears. i told him the secret to saving money on car insurance. he told me the secret to his car setup. first he adjusts... first he adjusts... (sfx:engine revving drowns out gecko's dialogue) then he... then he... (sfx:loud drilling noise continues to drown out gecko's dialogue) ...and a quarter cup of pineapple juice. or was that the secret to his barbecue sauce? hey, "secret" sauce. geico®. fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine. and a completely redesigned interior.
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♪ the 2012 c-class with over 2,000 refinements. it's amazing...inside and out. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. what ? customers didn't like it. so why do banks do it ? hello ?
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hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. before we answer a few tweets, we have some housekeeping to take care of back on april 9th, barbara from oregon asked about ticker uan. boy, this is a complicated story. it was a growth oriented limited partnership.
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engaged in the march of nitrogen fertilizer. i'm concerned with this level of uncertainty. we like the yield, but i recommend moving to the sidelines to get a clearer picture of what lies ahead. listen, you want some ag play? i want you to go buy dupaunt. 3% yield is much better. on april 11th joe asked about cost plus, cpwm. given the excitement in retail, i had to take a closer look. it's a specialty retailer of casual home furnishings and entertainment products in the united states. it's an exciting story, it's just not growing fast enough. my focus is pier one. that's a better alternative. on april 12th, chuck asked about irobot, irbt. the company's home care robots consist of those vacuum cleaners, plus the government industrial robots perform tests, baffled reconnaissance, bomb
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disposal, multi purpose tests for local police and fire responders, first responders. exciting story. but the guidance last quarter was terrible, disappointing. it's led us to believe it's got government budget exposure that i think will crimp the earnings. because of all these budget deficits. we welcome them to enlighten us more about the business. we really want to hear from you. right now we think your stock is too expensive. on tuesday, scott in california asked us about 3 d systems corp. ticker symbol ddd. it's an equipment manufacturer that allows companies the ability to rapidly design prototypes and produce functional parts and products. the company has grown organically and through acquisitions, but 27 times, 2013 estimates, 14% growth rate, fully valued. ring the register, wait for a pull back. let's take some tweets. okay.
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this is from@b sailer 3181. zag, look, i've not liked zagg. it's been 10, 11, 10, 11. to me, it wasn't a blowup or -- blowout, it just sits there. i don't want you to own the stock. notice you were fired up. just take care of yourself. schlumberger did so well. schlumberger had an amazing quarter and told a fantastic story. it's a little less rocky. lease levered to oil price, go with slob as we call it on the trading desk because the symbol is slob. boo-yah skee-daddy, this is an kmas card from my wife this year for getting back to even. she knows i'm a fan. what can i say?
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shakespeare has nothing on that guy. anyway, here's fluke tooter 2. looking at my qcomm my way of playing apple. the way is apple, everybody, don't forget, you invest in apple. i think qualcomm got hit unnecessarily, because i think the next quarter will be fine at $63. i pull the trigger. qcon. "mad money" is back after the break. [ male announcer ] this is the at&t network. a living, breathing intelligence helping business, do more business.
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in here, opportunities are created and protected. gonna need more wool! demand is instantly recognized and securely acted on across the company. around the world. turning a new trend, into a global phenomenon. it's the at&t network -- securing a world of new opportunities. ♪
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someone said it, you can manufacture product here in the good old united states than in china. last time he came on the show and made it clear with energy costs over here, much less expensive, courtesy ultra-low prices, one third of the cost over there. he can make his coatings and his paints in america, the real cost advantage. this is the beginning of the industrial renaissance. it's happening right now, being brought about by the incredibly cheap cost of natural gas. eight times as low as some of the rest of the country -- around the rest of the world. we know the renaissance has arrived, with dow chemical siting it's plants over here. owens illinois where they make glass with natural gas, but i think we're in the early stages of the story. we're going to see a lot more of this sort of thing and it will indeed drive new construction in this country. if it can drive construction,
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you'll see a much better tone for the broader economy, including finance, as the banks have complained endlessly about the a lack of construction activity. we many industries in the south and midwest that are gas prone but they don't have the infrastructure to carry the gas to the plant. ppc does, because it's located at the heart of the marcellus shale. new corp has it in louisiana where it's not using nat gas, not coal. alcoa gets a tin of business because it makes turbines that use natural gas, bringing energy costs down. they are trying to turn natural gas into liquid form so it can be exported. near energy, hiring 3 to 4,000 workers so they can take advantage of sub$2 natural gas and allow the customers to save money. all of this activity is going to
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lead to an infrastructure construction boom in this country that is unasalable and cannot be stopped. we're only in the first innings as we're discovering more and more gas, put to more and more uses, particularly as we transition from a coal based system to a natural gas one. i think this is the theme for the revitalization of the u.s. economy, and the idea that it's cheaper to build here in china, i never thought i would hear it, yet i think you'll be hearing about it a lot the next few years. the competitive advantage, which we lost so many years ago is back, thanks to the super low cost of natural gas. it's just that nobody is talking about it, because the theme frankly is too new, so new this is literally the first quarter we have heard about it. it certainly won't be the last. stick with cramer. ♪ there's a place i dream about ♪
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♪ where the sun never goes out ♪ ♪ and the sky is deep and blue ♪ ♪ won't you take me american flight 280 to miami is now ready for boarding. ♪ there with you fly without putting your life on pause. be yourself. nonstop. american airlines.
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how math and science kind of makes the world work. in high school, i had a physics teacher by the name of mr. davies. he made physics more than theoretical, he made it real for me. we built a guitar, we did things with electronics and mother boards. that's where the interest in engineering came from. so now, as an engineer, i have a career that speaks to that passion. thank you, mr. davies.
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