Not the way most people talk about it instead, youve got a market of stocks thats an important distinction, particularly in carmerica. Stocks are like snowflakes, no two are the same sure Everybody Loves index funds as a lowcost way to get ebbs posure to the whole asset class. Im one of them. I please guilty. Including today where the dow and s p both notched new alltime highs former fall of 119 points. S p gained 1. 5 . Nasdaq dipped 0. 19 as the rotation continues but i think the totality is a lot less illuminating than looking at individual companies and what actually drives them. For example, just last week, we did a twopart interview from the New York Stock Exchange with boeings Ceo Dennis Muilenberg where he told us that his company is having an extraordinary year maybe told us in seven or eight different ways its spewing cash and he made it pretty clear that this is the healthiest boeings ever been. So he wants to reward you, the shareholder. Sure enough today, boeing boosted its dividend by 20 . Theyve been doing that for four years and they announced a gigantic 18 billion buy back. The stock surged on the news and ive got to tell you, if you watched the interview, it was totally gettable muilenberg isnt some static ceo, he comes on air, says things are fabulous and then he rewards you. Isnt that great thank walt disney, this stock has done next to nothing, but lately it has been rallying. Why . Because disney is trying to buy foxs best assets. My partner says its going to be done thursday and one of those assets is this Regional Sports network. Theyve got the film studio. They get av tar, my wifes Favorite Movie and they get the rest of the marvel characters. Why do we care because it changes the narrative. Thats why we care before we heard about this deal, all the analysts seemed to care about was the endless story about the cord cutting and the loss of espn subscribers. Now, it doesnt matter that disneys theme parks are on fire especially the one in china. Whole division being boosted by all of that Terrific Technology you can buy at the parks it doesnt matter that disney has one hit after another after another at the box office. Or that theyre about to make a fortune from new star wars movie which i will go to opening night, i dont know about you, or the whole marvel franchise. Its such a winner, including some of that stuff on netflix. It doesnt matter that the ceo has done a great job with one of the greatest strengths how he has done transformative deal after transformative deal and theyve all been fantastic it doesnt matter that disney got bam tech on the cheap. Its a great platform for watch Regional Sports. All thats mattered to the stock is the darn espn falloff which may not be that bad when you count the people watching on their phones or computers. I watched myself lose on fantasy last night i did. Beaten by kareem anyway, however, if ceo iger buys these fox assets, even if he has to pay close to 30 billion to get them, its a fabulous move because overnight the story changes. Who wouldnt want shares in the ultimate entertainment powerhouse with a hammer lock on all Regional Sports that can be watched anywhere who wouldnt want to own all of marvel or avatar that gets you back to the theme parks even though youve been there five times. Ive been there ten times. Has anyone been there more than me no espn sublosses dont become an asterisk, theyll still be there with the fox accusation but they dont dominate the Conference Calls anymore. I say amen and i have stuck with it all the way. I know disneys been buying back shares like mad. It hasnt done much. Spending on new content that can be so additive to earnings and so easily swallowed, holy cow, what a windfall, after the deal on thursday, people will be buying this stock hand over fist and if theyre not, theyre wrong. How about a feel good story now . I just gave you a couple of others the drug stocks have been down in the dumps because this is exactly the slow bud steady group that investors swap out of during an economic expansion there is one drug name, though, thats hitting high after high after high, and its not j j its actually not at all like j j, the stock valian that joe papa took over more than a year ago. This 21 stock was at 8 smackers back in april. Why we are gauze they were worried about the hideous Balance Sheet and its viability. I have been highly critical of valiant, but if you recall joe came on this show right about here, you know, and said kind of like here and he told us before he did anything big he was going to fix that darn Balance Sheet and refinance all the near term debt that everyone was so worried and scared about that all people cared about. Now im sure many of you rolled your eyes. How do you do that there. Roll their eyes about the notion that papa could clean up this love canal of debt but thats exactly what happened it was like the which has like these weird bubbles papa saved this company and now hes taking it to levels that seemed impossible six months ago. The stock alone jumped 6. 4 just today. Not only is every Company Unique but Many Companies are constantly changing. Today one of my heros, in between, a lot of people they thuin because theyre dumb, hes the ceo of 3m. He made it clear the estimates are too low so the advertisements will have to raise numbers tomorrow when they get home hes improving 3ms margins, all sorts of devices for electric cars okay, sure, the stocks up 33 for year thats a big cap stock, but i think it deserved to be even higher the modest pullback will a be a gift for those with the longterm perspective. Then there is caterpillar. A lot of people wrote off cat a long time ago. They said it was hostage to china. It made a horrible acquisition in the coal mining industry. But the ceo and his predecessor can we give him a little credit, please they took radical action fixing what was really an unruly deal or network. The result, now that the global economys rebounding, cat stock is up nearly 55 for the year. And i bet its got a lot more room to run as you will hear later in the show. Im sure he made his share of mistake, who hasnt . I have when things got tough and conventional wisdom said the company was in trouble, management put it back on solid footing. Cats doubled from when things were most dire last year and the analysts fled en masse they were wrong. What else. We know the food cohort is facing major difficulties. These stocks are despise trading near lows because the Companies Keep missing number after missing number after missing number and then there is pepsico. You think thats random . You think its some sort of oddity no way i think its ceo ingenuity. She never sits still the same goes for the ceo atomiat mickey ds do you think its random that happened lets have a couple of burgers, fries and a diet coke. No, its the ceo thats really my point people who look at this market and taxes or the russia investigation or north korea or a host of big picture problems, the fed, throw in whatever you want, simply dont realize we have some phenomenal Value Creators all over the place who dont get up in the morning and scared to look in the mirror or their shadow we were told the athleisure segment was on its last legs lululemon would confirm the negativity when it reports i get the ceo get rid of that t, didnt get the money newsroo newsroom memo. I say its one part ingenuity, one part mindfulness and being in the present the yoga talk may sound silly to you, but i dont care. The people who take it seriously are laughing all the way to bank stay in the present, will yeah thats sectors that are being shelled still contain winerings. But when you only look at stocks in a basket, all of these incredible Value Creators are offset by the many donor heads you know who i mean, the phonies. Thats what you get when you buy the averages the bottom line, management matters. When youve got a fabulous ceo working for you every day of the week and the weekend for that matter, it makes a difference. Often a big difference and thats why you need to judge companies on their merits rather than taking your cue from the blob that is the market. And doesnt distinguish for one second all the amazing work these ceos do for you, the shareholder. Let me get my breath wow. Just a sec im getting mindful. All right. I feel better already. Sal in new york. Sal . Hey, jim. Booyah. Booyah. Sorry to hear about carsons injury well, you know, i was very sad. I was watching with my wife and said its acl, hes in the tent, its cl and i was right. I wish him the best of luck. And i was upset when they never mind, whats going on . Hopefully theyll make to the super bowl for you im talking about biotell. I have about 30 shares at 70. With the recent apple deal to provide cardiac monitoring and their should i hold it . I think youre okay you know, i actually had high hopes for this company why . Because its from about two minutes from where i live when i grew up in philadelphia, but i do think that its real. I think the algorithm monitoring is right ive got to go to ron in pennsylvania right now ron . Hello, jim. Booyah. I wanted to tell you im a longtime fan and a third time caller and i have a twopart question for you. I liked your article this morning about electric cars and how theyll increase demand for power. First part is, wont this also create more demand for fossil fuels since thats still the primary source for power and the second part is, my Biggest Holding is enterprise products, which ive owned a lot time and made lots on dividend reinvests. Their Conference Calls also seem good to be if fossil fuel demand is going up, shouldnt that help enterprise yes, unfortunately, its stuck in a basket with Energy Transfer partners. Which is one of the Worst Companies in the world but it controls the basket. Epd is the real deal theyre great. I want you to stay in it its terrific. And this group, despite etp, is finally starting to move all right. There are no givens in any industry, but when you look at stocks, there is one sure thing, the person at the helm controls and you have some fabulous people working every day for you. Mad money tonight, recently reported a quarter that was a thing of beauty but the stock hardly reacted could the industry wide tech selloff create a buying opportunity or is there more pain ahead then the word industrial may make you one not me, but i can tell you why the group can be the most Exciting Group going into 2018. Could a new year bring hacks in cryptocurrencies im going to sit down with a private security player to see if it could be cause for concern. I suggest you stick with a very mindful cramer directv has been rated number one in Customer Satisfaction over cable for 17 years running. But some people still like cable. Just like some people like wet grocery bags. Getting a bad haircut. Overcrowded trains. Turnstiles that dont turn. And spilling coffee on themselves. But for everyone else, theres directv. For 1 rated Customer Satisfaction over cable, switch to directv. And for a limited time get a 100 reward card. Call 1800directv your bbut as you get older,ing. It naturally begins to change, music plays throughout causing a lack of sharpness, or even trouble with recall. Thankfully, the breakthrough in prevagen helps your brain and actually improves memory. The secret is an ingredient originally discovered. In jellyfish. In clinical trials, prevagen has been shown to improve shortterm memory. Prevagen. The name to remember. Every now and then, i think the market makes such a colossal misjudgment and all you can do is treat it as a fabulous buying opportunity. Consider the case of vm wear, virtualization software. Were going to explain that to you. Letting you run multiple Virtual Machines on a single server and now become an important Cloud Infrastructure play. On just the last night of november, vm ware reported an amazing quart. Yet the stock is trading where it was before the quarter. Why . Because these guys had the misfortune of reporting before the big tech selloff people summed wanted out of all things cloud, even though it was giving stellar numbers the selloff is over, but the market is getting a little more rational could this be the time to buy . Lets take a closer look with the chief operating officer of vmware. Let me first say happy holidays to you and your viewers. And same. Thank you so much. And people are aware that without your company you really cant figure out how to get from here to the data center and there are other people who actually believe that the data center is slowing. So could you set us straight, please id be happy to i will get to mobile devices in a second. Okay. Let me give you the way in which you can very simply understand, its like baking a cake when you bake a cake, youve got flour, eggs, shulger, maybe some icing. A data center is made up of four core elements, compute, storage, networking and a layer of management weve pioneered that, we call that the software defying data center when you take that into the cloud its not as easy because you have built applicationed on top of that and rewriting those applications are not very easy in some cases if its a new app, you can do that. We help those applications very nicely and seamlessly move over which is why we built this partnership with amazon. A lot of people felt when you go through the research, almost every to a t felt that amazon was out to destroy you they were the death star like they have to retail. Then you hugged it out how is that possible so this was kind of like i described the berlin wall moment, you had gorbachev and reagan coming together and everybody goes, oh, my gosh, its good for world peace. Its the same way with customers. We do what is right for customers. It shouldnt be a choice between the private cloud and the public cloud, we want the best of both worlds being able to seamlessly take a bridge right into aws. Like we talked in our lastshow expand or contract the data center elastically this is what we brilliantly innovated with them. So expand elastically to my devices no matter what device . Thats another interesting part of our business ive got my android phone, ipad pro, your phone there, and a wonderful dell windows and laptop this is the world we live in why . Because people want to work at the speed of light you might be on a tablet, when you get for work you have a laptop today, the world is apple, google and microsoft 10 devices. Were the only company that can manage and secure and deploy apps coming from the data center or the cloud securely on these devices. Business has gone very well for us an amazing quarter. Okay so now im a retailer, all right . I know that ive got to compete against amazon but i need Amazons Web Services because its considered to be one of the best i call you and say, okay, ive got to be on the cloud, all right, and what do you do for them weve always said to a customer, you pick the public cloud you want were not going to come and tell you which is the right one you make that choice once youve made that choice, we can help you optimize your data center without partners like dell and emc, we allow you to make that software driven data center even more efficient as you think about the cloud, we can help you build that bridge there. And then invariably every one of the retailers are modernizing the store because these phones become a lot easier than the devices that the way in which people worked in the past. Theyre fitting with with ipads or Android Devices this is the future of how we think we can make the entire world have any app on any device. Okay because of your connection, we explained the ownership with emc and dell, i might say, look, im hp. How can they help me amazing question. In fact, we announced a partnership with hp. Two of the three biggest manufacturers, dell and hp are betting on us to manage their devices and services because were the best company the fact of the matter is, whether its hp, dell, apple, samsung, we exist, wmware because were a switzerland type company. Were not in a particular public crowd and we can serve the best interests of anyone depend on their cloud, hardware or devices. Wait a sec. Lets say ive got all my information here and someone hacks me i mean, what am i secure so in the old days, okay, and you have christian coming on later on from mcafee all good talent starts at vmware so we know a thing or two about all of these things. It typically is a security or virtualization type oproblem. In the old days you used things like antivirus. In the world of mobile, its called unified point management. Where wmwaer is the leader that applies now as a very simple way to be able to manage and security these in the cloud. We do this better than anybody else. Ive got to tell you, we are in a moment where tech is going down ive said vmware is the way if you want to play this whole trend, its got to be you. Its like the eagles. Thank you so much coo of vmware. Thats your opportunity. Mad moneys back after the break. When you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. We call that, the golden hour. Evaluating patients remotely, is where i think we have a potential to make a difference. We would save a lot of lives if we could bring the doctor to the patient. Verizon is racing to build the first and most powerful 5g network, with ultra lowlatency that will enable things like precision robotic surgery from thousands of miles away. As we get faster wireless connections, itll be possible to be able to operate on a patient in a way that was just not possible before. When i move my hand, the robot on the other side will mimic the movement, with almost no delay. Who knew a scalpel could work thousands of miles away . My tape, all different stocks that are going down in tech and stuff the one area that keeps climbing, the industrials. Ive got to ask myself, how much longer can this go on . As we get closer and closer to the end of a truly amazing year with the Dow Jones Industrial average an alltime high, and again, i think its worth asking, which red hot groups will have the staying power once 2018 rolls around . As far as hot sectors go, noth