Transcripts For CNBC Mad Money 20240713 : vimarsana.com

Transcripts For CNBC Mad Money 20240713

With betterthanexpected earnings and you have what we have today, dow gaining 103, nasdaq, boy,. 70 nice when we finally get to the point we can focus on individual enterprises, we would be surprised at how well these enterprises are doing. Hallelujah so far, so good but next week was way too many jampacked earnings to keep track of, except for me. Let me give you highlights monday is expected to be a downer but im looking for a reason to buy, so thats at t. You might get a chance to by this midland quality phone company, yes, you heard me, once we scrutinize what will probably be bountiful cash flow from the time warner acquisition. We also hear from the one retailer that may disappoint us, amazon it used to be cv sfrmt but i think cvs are fine because they went and bought aetna. Then alphabet reported i cant remember the last time alphabet reported a clean quarter. Its always confusing. After the minoritysohot numbers from twitter, i fear another headscratcher who matters now . I care about one thing one thing only, acceleration in googles Cloud Business any sign googles taking point from azure or amazon is services, believe me, not what naysayers said, it would end this stock to alltime highs thats what we need, cloud heres what we will mahear from, beyond might, who once got burned but i think will be pleasantly surprised by the sale it wont matter. The lockup on insider sales is expected to come to an end tuesday. Once that stock hits, i think this 6 billion company will have to be worth a lot less. Tuesday starts with mastercard simple, ma paypal went up and visa, i think mastercard will deliver a priceless quarter. Lets just hope for a pullback monday to see if they can get in the stock for tuesday. And then theres merck, who got hit after Bristol Meyer told them about a trial that might make them a tougher competitor tumor. But when merck reports, i expect to see something to perfection, another buy ahead. How much is purdue losing per day . Might as well listen to the call and find out i remember a time when the strike at gm could send our whole economy into a recession and we cared about tesla earnings, which were oddly he better than expected we also get observes from cramer fav shopify. I bet it delivers a clean, solid beat we have dispatch from delivery guru grubhub this is important. I dont think theres number room for grubhub, uber eats, doordash and post mafts. These companies are bashing their head against each other, which is i predict pain at the close we her from amd if intel is doing as well, and we know it does, what a move today in that stock. That means, well, you should go buy amd. It was not up enough at the independent of the quarter we knew instel would meet dmajd for all kinds of chips including processors, their bread and butter so im a big believer in ceo lisa sue so i remember you buying some amd next week. Doesnt matter if we get a negative tweet or nonsense about the fed, that probably will happen if these numbers are good and by the time wednesday rolls around, i expect to hear art tenors saying this company did well, this company did well, you know what will happen, the Federal Reserve doesnt need to cut rates. Thats garbage we have industrials struggling and we know the dollar is way too strong a rate cut is what we need to turn around automakers and allow exporters to compete fairly globally if we get it, the markets should roar again and i do believe we will get it. Our rates are too high versus the rest of the world. Do not let andys people, pointy heads, tell you otherwise. Our pal fed chief secretly knows it maybe he comes out and says its true after that we have the most particular element of earning season because both apple and facebook report. I cant stand when apple stock runs up in the quarter and lately its on a wild gallup i have been telling you at the own apple, not trade it for years, i have been right but if the company will rally, they have to do a series of things, talk about strong credit card adoption, the deal with goldman, give us hours upon hours of programming and break out the airpods and watch as separate businesses so we can see the big Service Stream tall order. I wouldnt be surprised if apple actually falls short and the stock ends up pulling back to give you better entertainment. What about facebook . Unfortunately the mr. Zuckerburg goes to washington is over, where he played the role of pin etta and now we can get back to business i expect good things, especially about instagram, kwwhich is whyi like the stock at the head of the quarter. And we hear from bristle myers, the one Cancer Therapy drug merging with sellteen. Why its running high this week, i recommend buy in anyway. Thats how confident the superpowerhouse the ceo is putting together with this deal. I championed it when the stock was 45 and they announced the bristol cell gene combo. This will be the quarter when the ceos winning streak finally runs out and his Company Misses the numbers. After a lot, estee lauder has had a lot of exposure to hong kong and Mainland China but most of these have not had the privilege of meeting frayedia, a brilliant executive. He figured out how to harness the smartphone, camera part, and social media, which make people feel like they need to look beautiful every second of the date in case they got hcaught o a photo on snap or instagram how about friday we hear from the two best oil companies, skron and chevron i think they will show you it doesnt matter what a fossil fuel producer says nobody cares you need to recognize the oil and gas category has become the new coal, with the Millennial Money managers money managers, they just want to own these watch out wall street reacts to these numbers. I think these stocks may be finished unless youre an income seeking investor who believes yields are safe and doesnt mind they wont be able to grow a stagnant oil environment, which i suspect will actually last years to come bottom line, listen, there are dozens of other companies i didnt get to opine on here because we simply dont have the time i wish more executives were willing to spread out when there are report dates but i have been begging that for years and nothing changed. Still, after the betterthanexpected numbers weve seen this week, im confident about next week, even if the days loser earnings reports means i wont be able to get, lets say, one wit of sleep next week. Instead, ill grab a couple of naps in the greenroom herman in texas, herman . Caller hi, how are you, jim . Im good, herman. How about you . Caller im fine. Im calling about twitter. Its been as high as 45 and they reported terrible earnings and its down to 30 now but its part of the lexicon now. We use twitter like we used to use xerox as a game. I was wondering if theres any a good entry point there . I thought it was tempting while day today. And i said enough is enough. What hurt the stock more than anything else in the world is attitude nall. They sounded so down, you felt like wow, maybe its not as good i think you can start buying here but they need a lets say a cheerleader in chief there. Because, wow, it was just so negative that even i, a big twitter supporter said, uhuh, no way, no how marla in mississippi le marla caller hi, jim first, thank you very much for diligently doing your home work to put together such a great show. Kru caller my question concerns shares of the bankrupt ultilities company pg e. The shares plummeted again today upon speculation its tower sparked another california wildfire in light of the prospect of additional liability, do you think the company can successfully emerge from bankruptcy and be a good mad money investment or is it too hot to touch i think too hot to touch and it wouldnt be the common stock. I remember when littlingio had a problem, long island lighting, and you had to buy all other sorts of pieces of paper than common stock common stock does not intrigue me i dont like the concept it doesnt intrigue me lets go to michael in florida mr. Michael . Caller hi, how are you im doing great caller thank you for taking my call. Im calling about bed, bath and beyond today, bbby theyre getting a new ceo. He takes over november 4th from target. Right caller im in the stock about 12 and it closed today at 14. 27, down 5 cents or so im up about 20 should i should i take profits or should i wait no, you should not take profits. I have been working all week about trying to do a really good piece about this company and this stock and this executive and why this plan is going to work i know its very controversial, but i think the activists have gotten the Team Together correctly. This is a stock i dont want you selling. I think you can return to 18, 19. Thats when we will address whether its time to take some profits. This weeks shown us what can happen when we finally get to focus on what Real Companies are doing rather than just the indices and bomb market. Next week could be the same thing. Tonight, American Airlines is flying high after earnings today but can its tesh lent market and boeing problems make it so it can get out of what some people think is a stock bust . We will sit down with the ceo. Are you buying what honeywell is selling . I will explain and really one of the most influential people on wall street i didnt say woman, but but people now shes looking to help in the breakdown of the walls break down the walls they face i do not want you to miss my exclusive with the cofounder of ellevest im telling you, you must watch it stay with cramer pacifica ted goin oneighbor yes. Takin it off road Station Wagon . You know its an suv i know for fact your suv does not suck. Why is that . It aint got that vacuum in the back we got to go. Vacuum in the back, hallelujah doprevagen is the number oneild mempharmacistrecommendeding . Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. That could allow hackers devices into your home. Ys and like all doors, theyre safer when locked. Thats why you need xfinity xfi. With the xfi gateway, devices connected to your homes wifi are protected. Which helps keep people outside from accessing your passwords, credit cards and cameras. And people inside from accidentally visiting sites that arent secure. And if someone trys well let you know. Xfi advanced security. If its connected, its protected. Call, click, or visit a store today. Is it finally time to get more constructive on Airline Stocks despite low prices and strong consumers, airlines have been struggling most of the year. Smch that is due to boeing 737 max catastrophe. Some is due to tough labor negotiations and some of it comes down to competition. Even so, these have been especially hard hit. Take American Airlines, the stock is down from 50 highs in 2018, yesterday american did something interesting, reported mixed quarter, small time miss, custom b instead of going down, the stock actually rallied 4 . By the way, another 4. 9 today when a stock runs on notsohot numbers, thats called a bottom. And after a decade of colossal spending, first us airways and then buying a score of new planes, the company can now get away with spending, lets say say lot less, to balance the balance sheet. Lets talk to the ceo of American Airlines, doug parker mr. Parker, welcome back to mad money. Good to see you. I was so heartened on the call because youre solving labor problems, which you said is a must youre talking about urgency in making the shareholder lets say make much more money but youre also saying that the because of the end of the big spend, now you can start returning to maybe even buy back stock its the right moment. It is the right moment. Look, we had to invest we merged tour lines that had not been invested in a long time we had to modernize our fleet. We merged the airlines in 2013 and over 6 years spent 31 billion in capex for an able even our size, thats never been done before. But we had to do it. And now its behind us though. We now have the youngest fleet in the business. We dont have those needs and it falls off pretty precipitously after averaging 5 million a year, it falls to 3 1 2 he next year to 2 after that. What that means is even if we dont grow our earnings next year which would be a horrible miss for us we certainly believe we can grow earnings next year but just for analysis, keep the earnings flat, well have 5. 5 billion of free cash flow. Theres an elephant in the room though. And the elephant is, as you say, boeing shareholders should bear the cost of boeings failure, not American Airlines shareholders you said it could be 540 million pretax they could owe you. Do they have the ability to even pay it thats for them to figure out. But they owe it, right . Right thats our view. Again, were a customer. And they havent provided the service that they were to provide their customers. They know that and the reality is the weve already borne all sorts of damages to our customers, to our team and to our shareholders certainly the shareholder piece should be borne by the boeing corporation, not shareholders. What do they say when you listen, hey, youre right, or you are the customer, and youre right, what they should be saying they have not said youre not right. So we will talk. Its hard to have final negotiations until we know what the real damages are and we dont know what the real damages are until the aircraft is back flying again thats whats important for us i do feel good about the fact once we are able to get down to brass tactics, we will come to the table and will be quite right. I have flied on American Airlines i have never been on a plane that wasnt completely full so the people im with always turn to me and say, jim, ive got to buy this stock. I have never been on American Airlines that wasnt totally full what do you say to those people given the stock is down 50 . They should buy the stock. Because there are labor issues, competition. People dont see the full picture when theyre flying a full plane. And what people paid to be on the plane. Its an incredibly intensive, incredible business. The fares are, in many cases, you know, if the entire airplane was full, the lowest fare would not even come close to cover rg the cost of travel its a tough business. Thats okay. Were okay with that but it feels a lot better of late and demand for air travel is really high and strong and continues to be. So we feel very good about it. I think finally on this call im starting to hear youre catching up. Digitization, youre starting to catch up to the rest of the world in terms of what companies have done with technology, right . Yes again, we have a lot of initiatives Going Forward and in some sense youre right, were catching up with the rest of the world. When you integrate two airlines, it sets you back on your technology you have to take two systems to make one we it to integrate, not innovate, the unfortunate phrase we had to keep saying. Now we can innovate and have a Phenomenal Team doing that incredibly well and making changes almost every month theres some new invasion comnoa helps our team. Like many people around the country, i made my thanksgiving plans and christmas plans. Some include American Airlines. Thanks. Is it because things are robust, its always too late for a lot of people . Where are we whats that you guys are really busy already. Youre booked solid for a lot of flights already, thanksgiving, christmas. Of course. So consumers are good. Demand is really strong, its always strong over holidays but it remains strong through all periods through all regions for the most part. Everything that we can see, were horizoned in great people dont purchase their tickets particularly far in advance but were also a leading indicator. What were seeing is an increasing demand for travel. Lets just talk about tbond situation. One, are you going to say do your pilots want massive retraining on the new planes our privates are heavily involved in this process with the faa and boeing of course, were going to make certain theres no American Airlines pilot that will not file an airplane if they dont feel adequately trained. So of course they will be adequately trained. Is my wife leeszia asked me to ask you this, she said ask doug whether he would be willing to put gwen, jackson, luke and elisa on a max absolutely. And they would be happy to go with me. Because people are saying, listen, i dont know if i want to be on this plane. Why are you willing to put your wife and kids on that pilot . If the American Airlines pilot decided its okay for he or she to take that plane up, im okay to go we have the best pilots in the world. They understand the aircraft they fly they will never take up a plane they dont think is entirely safe once were to that position, which would mean the faa, the arbiter of safety throughout the world and is taking this obviously incredibly seriously, the faa will have certified it an American Airlines pilot decided its safe for he or she to pilot, were on. Thats the first time i felt good about that. First time. All right. Thats doug parker, ceo of American Airlines. This stock is ripe mad money after the break. With esri location technology, you can see relationships. Connections. Patterns. You can see what others cant. Tell him were flexible. Dont worry. My dutch is ok. Just ok . Tell him we need this merger. Its happening. just ok is not ok. Especially when it comes to your network. At t is americas best Wireless Network according to americas biggest test. Now with 5g evolution. The first step to 5g. More for your thing. Thats our thing. Whether your beauty routine is 3or 57,. Make natures bounty hair skin and nails step one. Its the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. Natures bounty, because youre better off healthy. Rufrly a year ago, longtime kramer favorite honeywell broke itself up into three separate companies. Spinning off their auto parts business as Garrett Motion and Climate Control home studio business residualed. I own honeywell with the travel trust and you can follow me by joining the action alerts. Com club and you know i love these breakup stories. I always feel they create good value. However, some spinoffs are a lot more en

© 2025 Vimarsana