the industrials. those big fat ugly ducklings that have gone unloved are looking pretty darn good and while they pause today given the market wide pullback, dow's singing 189 points. nasdaq dropping 1.47%. it's worth asking if this might be the pause that refreshes the old smokestack. let me set the scene. conventional wisdom has been if oil goes higher, it's a good day for the market and if oil goes lower, sell, sell, sell. it's a bad one. so, it went down two bucks. got hammered. we saw the urgency of that formula writ large today because we learned jpmorgan has $44 billion in oil and gas exposure. that's $44 billion in oil and gas exposure. kind of like making it the exxon of banking with hopefully
of oil, only $15 million in loan loss reserves. even though 19 billion is s an portfolios. say firms with junk bond status. >> boo. >> and 39% of it was made to exploration production companies. the wos f the worst when id comes toho is paying anybody back. jpmorgan said the energy company could cost them. hey. 20 billion. but to me, having lived tlau low loss sickle i can only say give me a break. i'm not buying it. oil retreats hard here, they could double that number and i wouldn't believe it. sorry. i didn't like anything about this discussion. yeah, reported a little more than a month ago. why didn't they say something then? not like oil was flying in january. it was low.
i'm not -- jamie diamond just plunked down 26 mill to buy five shares. got enough cash. oil goes much lower from here. believe me. buy some even lower. this oil and gas exputs a new swin. before you freak autoout and say, wow, all under reserve, it is a really big bank. it's got billions and billions of dollars in goods and we're not watching the death of oil. if oil stays down, there won't be a lot more to fault, so a lot of banks just taking losses. >> the house of pain. >> not just these three, but they're all a lot of oil and gas companies that canananage to pay
if it goes down ten like in 1986, these bank stocks are going to be the worst places to be after the oil and gas companies themselves. as many if not most of the independents will not be able to survive in in this country at ten bucks. >> i don't care what jpmorgan studied, believe me. it's not all that bad. colder weather and stronger consumer, just a little better taste. upsize the price. couldn't have hurt home depot, either, which gave you a monster beat. more on that later. before that quarter judging from the reaction, clearly was not disastrous at all. so, oil and gas going lower a is mixed blessing. remember have to start with europe all t t time? it's what's pertinent, okay? so, i have to go there, but if i
driving the market. the financials will always be spoken in the same breath as the oils. jpmorgan gave you its rosy read of a very unrosy situation. here. rose colored glasses. it caused the stock to plumet. conoco. and chevron. jpmorgan unperformed exxon. these are my jpmorgan rose colored glasses. am i still going to mention jpmorgan? no, i'm going elsewhere. the financials, not the financials and oils, but industrials. until today, stocks have been experiencing the industrial renaissance. one of those rotations where they're hanging back in the back
down the throats of other groups in a vision game of stock market volleyball. they all cull in a story david faber broke yesterday. had a block bester aerospace company that can dominate two huge industries. aircraft and ventilation or h vak. now, we talked to greg haitian this morning. plain spoken ceo who plain told us in a vert o f ways i may add, that the deal wasn't going to happen and he p would not have his company in a bid. there was a kind of another worldly quality about the outright d dmissal based on antitrust none other than the reports that the combination was initially being explored by
not honeywell. why close it down, which is kind of what happens. one honeywelcomes back with what seems like a tidy sum. i don't know if they will. that was like get out of my face. now, we don't really know what happened and h heywell did come out saying the regulatory process wouldn't be an on sta to its purchase of united tech. this bifurcated market when kimberly clark traded in the price. many industrials wallowed under because of fears over china. for exame, no, i'm not a fan of caterpillar, but wait a second, if some company were big enough. long ago. i can see how it might make sense.
acquired. plus, yields 4%. short commts is up. $17 billion valuation, but it's still has a 4% yield. i think after this, it isn't going back to 79. story makes me want to go pick up a book. not that long ago. meone take a long-term per specktive and get this. run a deer down 2121ucks from its high. $25 billion. stranger things have happened and if you want to cheap aerospace company, take a look at alcoa, which will most likely have $6 million in revenues. how does that stay independent? i mentioned these possibilities because if you had told me 48 hours ago any company would take a run at the $75 billion
dream on. but it happened. the fact it happened makes this group something start scouting as we headed down. here's the bottom line. yes, this market ate the banks. after the revelation, i think this market has closed down with low w l prices could get more positive on the one shun outcome peling in industrials. chinese wall. just a few weeks ago. how about we go to dave in washington. dave. even though amazon is considered a cult stock, it is 20% off its highghi'm wondering if this is a good enter tri point o oif i should wait for another one. >> when i recommend a stock like amazon, what i am really saying
because you love the company like i do and i do love it and use it constantly, iave to bless them, but can't find an earnings reason to do it. that's the big issue. i don't have that able the. go to larry in illinois. larry. >> good afternoon. i'm a big fan. >> thank you. >> i follow the bank stocks and i was curious, i own quite a few and listen to hsbc. >> yeah. >> my question was i know -- is this sign of hope of things to come? >> you know, i can't recommend them. that yields too big. that's a total red flag. i'm having a lot of trouble with bank stos as it is.
number this morninin jpmorgan analyst, i don't know, it was kind of a nonstarter for me, so i'm going to stay away. all right. this market hates a lot of things, but the industrials, may not be part of that hated grouou anymore. hang tight. has lost half its value since the ceo last joined ususn august. 30% today. see if he can explain. then was the rally in crude after today's drop in oil price, see if the volatility can continue and an investing idea came from you after hearing about -- on the lightning round, the ceo joining the show tonight. so, why don't you stick with cramer. don't miss a second of mad money. follow on twitter. ve a question?
cleng, keeping the coast of college down. been a house of pain and that only got worst last night when the company rererted a mixed quarter. revenues cape in below estimates. down 19%. did deliver a two cent earnings beat. make matters worse, the guidance for next quarter were suspected, which is why the stock did get obliterated, down 35%. check has been very effective at student hub rather than just textbook rental. the numbers. so, , d the market sell off or should we be concerned here? let's dig deeper with dan, the chairman and ce ork. welcome back. good to see you. you came here last year. in august. ock was at $7.40. sounded very gd. transformation seems to be a
almost cut in half, so, what i'm trying to figure out, usually, the market can't be this wrong. it seems to be caring more about no revenue growth and less about the transformation. soi know the market's not wrong, but what cocod it not besay something. >> first of all, thank you for having me. i appreciate that. so, going through a transformation of a company is extraordinarily difficult. in a public market is even more difficult and at very volatile times are nor difficult, however, the transition is underway and successful. the confusing parts of this. >> because the ebook didn't go the way it was supposed to. >> exactly. so, we articulated the 2016 on a gap basis would be down because we used to recognize 100% of the revenue from textbooks, now, 20% commission, which means it's cash flow positive and that was
>> there's a kind of switch between what kids were paying for books versus now. that wasn't much. >> couldn't possibly know that. then the second thing, so, we said gap was going to be down and we hoped everybo had known that. then the other thing is an industry trend, which is bizarre, which is e textbook, which were a reseller, we would historically recognize 100% of their revenue. for print, we recognized a 20% commission. e textbooks used to be growing at 60%. they went to zero. they went down. which means unit recognition is less. instead of taking an ebook, they're taking a printed book. the most popular is campbell biology. it's 20 bucks for a rental. 107 for an e textbook. why would a kid do that? it's a top line issue, but thot a bottom line because we've said
flat business for us. put them over here. whether they're e textbooks and in the future, the business checked services, which grew at 38% last year and is growing at over 30% in 2016. >> typically, a company that's cut in half like this would not be a growth company and would not have profits, so, i look at this, it's almost as if if you were to come public today and make the projections you're having, people would buy the stock, but the stock has become tainted. because people feel like well, why didn't you see certain things coming and even you're making this transformation, one of the problems was you have more demand for one of your businesses than you could handle. how do you explain to someone who did listen to you on the show, bought it at $7.40. you said i got crushed. >> the business is actually better than i described on the
textbooks out and say the future of chegg is check services. the middle range is going to grow about 30%. the ebitda is going to triple. two years ago, we were losing $18 million, then lost 13 million and made five this year, which was a huge thing and said the middle is going to triple next year and we said the revenue's grown over 30%, so, what i would say is it's incredibly difficult for the analysts to understand our business, but the stupt love is incredibly high. your interns here use chegg. our digital services. i appreciate it. but our digital businesses were zero four and a half years ago. in the middle of range k they're going to be $120 million. so, the future is as big if not bigger than i said last time. >> if that's the case, then why not now say we have this much in the bank and are going to start
>> it's a great question. on a personal level on thursday en the window open, i plan to buy. this is ridiculous. >> 10,000 shares. >> substantially more than tha for me. >> because i just look at it. we have $89 million in cash. $30 million owed to us from ingram. >> it is hard to fathom. i have t ttell you. obviously, i did not want the stock. you don't want the stock crushing. well, hopefully, people will see ebitda win, not the revenue loss. they'll understand you're building, but market can't comprehend it. >> i think jpmorgan wrote something smart. they said people will not really start to understand this company until the middle of the year. >> right. they said listen, what concerned us, guidance, softer e text demand, shifting the rentals may continue mag fi fied impact on revenue growth.
>> won't really affect next quarter so much. t tile we say is supposed to be a break even. in the services are not affecteded, , xtbook revenue, we don't lose the customer. >> not lose the customer. >> so the other businesses are growing at 30% or more. >> can you show that tutor demand that would make us feel >> sure. we couldn't meet 50% of the demand. >> i'm saying, the next three months. >> yes. yes. the answer is yes and the reason, thank you for that question, is because the thing we learned about building a dynamic rketplace, t not just having tutors. we had 11 thourk. we thought that would be plenty. the difference is on demand, on demand learning is going to be huge. >> you can tell that story. buy the stock and people will say, why don't i buy three.
fair. we did not expect this reaction today. because it's you, i would always come on. we have something calleded an osr. opportunity supply number. which is within five minutes of a student requesting -- and the first part of this year, i think we have solved this issue. president and ceo of chegg. soke consolation, the fact it was down a lot, the guys here. showed. >> coming up, today's steep slide in crude prices have sent stocks into a tumble. is it a signal the oil rally has come to an end? or can the technical tale suggest there is more roomo run? don't miss cramer's take. and a new edition of off the
next.y a rider made a decision. the decision to ride on and save money. he decided to save money by switching his motorcycle insurance to geico. there's no shame in saving money. ride on, ride proud. geico motorcycle, great rates for great rides. enough pressure in here for ya? i'm gonna take mucinex sinus-max. too late, we're about to take off. these dissolve fast. they're new liquid gels. and you're coming with me... you realize i have gd status? mucinex sinus-max liquid gels. dissolves fast to unleash max strength medicine. let's end this. i take pictures of sunrises, but with my back pain i couldn't sleep and get up in time. then i found aleve pm. aleve pm is the only one to combine a safe sleep aid plus the 1212our pain relieving strength of aleve. i'm back.
ugh. does your carpet ever feel roh and dirty? don't avoid it. resolve it. our new formula not only cleans and freshens but also softens your carpet so it's always inviting. resolve. a carpet that welcomes you. ugh! heartburn! no one burns on my watch! try alka-seltzer heartburn reliefchews. they work fast and don't tastechalky. mmm...amazing. i have heartburn. alka-seltzer heartburn reliefchews.
are interested in it. you know i'm a big bleefr in the lower, longer. the idea crude will stay down likely for the rest of the year until the hedges expire and most of the american producers, but there's a lot of emotion invested in which way oil's going to jump. that means we need to take a step back and try to assess what's happening here in a motion free clinical way. tonight, we're going off the charts with the help of robert, the fabulous -- who happens to be my colleague at realmoney.com, as well as the publisher of ghtviewtrading.com.. if the price of crude can maybe hold at $30 a barrel or better. back in october, we checked in with him and he said he thought the big ingraters could be in for a period of consolidation while the oil -- short-term tourn turned out to be right. the whole group got hammers. lately, the rules have been rebounds like crazy. from the mid 20s to the low 30s. stocks over or could they drop. let's start with the daily chart
in late october. trade sideways despite seesaw like action. is pretty much unchanged. sideways, from the case he made in october. exxon broke e wn below its average causing the stock to plumet. then went through a volatile, erratic period from rallying dramatically. breaking out above both its 50-day and 200-day average. in short, exxon spent the past month roaring higher. plus, he notes when you look at the moving average, that's up here this time, which helps technicians predict change, it's
that's pretty positive. mean whim, the accumulation distribution line, the ad line, a way of measuring supply and demand, is extremely positive. kind of amazed. however, he's worried that as exxon has been rallying t volume has been declining. it's right here. that's a polygraph. when it comes to charts, we find -- can be deceptive. overall, he thinks technicals look good for exxon,n,ut he's skeptical pha the price can keep getting higher. until it gets more positive. you see this go up. he's holding off on exxon mobil. the main reason he would prefer to avoid it is because the daily chararof heavy ron looks m me compelelng. why does he look chevron more? this year, the tok has been
85 bucks. created by 50% retracement of chevron's rally from the lows in 2009 to the peek in 2014, to, the whole thing. but the stock broke out last week and even in today's pullback, it's above this new floor support. stock is only a few points away from a resistance from chevron's 2014 high. around $89. can chevron break out above that ceiling? he likes the money flow. then technicians use to measure the buying or selling pressure. it remains very positive. he also likes the fact that the stock has underperformed common anding lagged it by about 9.5%, just since the beginning of the year. in short, he thinks they're poised to catch up and if it can rallabout four points, tn it can be smooth sailing at the stock goes a lot higher, but it's got to get there first. and today, headed in the wrong direction.
completely hammered. okay, now, chevron and exxon are big integrated oil companies that have some of the least sensitivity to the price of crude thanks to the refining operations. what about a pure play expiration? it's very much hostage to the underlying commodity. far too many loans to. i want you to consider pioneer natural resources. pxd. one of the largest independent exploration plays really dominates, has fabulous basin stuff. look at this chart he believes pioneer may have formed what could be a long-term triple bottom. look at that. wow that could be huge. on the side, a powerful momentum indicator. if the stock rallied more than five points from here and break out above 126, he thinks it could be on track to deliver some terrific outperformance. that's not what you got today when pioneer was hammered down
finally, how about one i'm rerely into. you know i don't like the fossil feels. when he looks at this, he sees -- -- remember that one? as i've said many times before, that's not an upside down bottle of shampoo. one of the most reliable bottoming patterns. when i went through all of them the single most reliable. so, keep that in mind, right? looks like an upside down person. the neckline coincides w wh the long-term downturn line from 2014. okay. and the stock broke out above that key level last yeek. meanwhile, the check in money oscillators in positive territory. that green parking lot there. indicating they're buying the
trendinging ever so higher. that's another positive. plus, how about a new one? the aron tool. this chart is used to identify early trend changes based on the action in these green and red lines. when the green crosses above the red as is the case here,s that's called a bullish aron cross over. just whehethings are about to get better. tells him that we could be witnessing the beginning of a brand-new uptrend. based on the inverse head and shoulders pattern, he wouldn't be surprised if they went above its october highs around 80 bucks. an 11% gain. this is the one i like the best of all these. while not not recommending any fossil fuel stock, it seems compelling because it made a ton of money during the last quarter. if you want to understand the price of oil, these pictures tell you more than a million words ever could.
while chevron is buyable. even emp play like pioneer might be poised to shoot hard. these charts may look good, but you need to remember this could change in the blink of an eye. which could ruining everything here. however, if oil can hold above $30 a barrel, these charts will stay bullish and he could turn out to be right even as i remain a skeptic given the propensity for oil. the maximum number of people at every turn and i believe in the lower, longer. chris in florida. chris. >> boo-yah, jim, how are you? >> great. how are you. >> pretty good. with the current support we've seen in oil l ound 130, do you feel bp is a good buy at these lower levels? >> no. i think we're not going to go there. i think it has its own issues involving being able to be find more oil and that 8% yield, i know they're committed to it, but one of the things we've learned is that people are committed to dividends until
barrel, charts could stay bullish. but if it goesesown, all bets are off. catching up wi the ceo of covanta. you called me in the lightning round and home depot built a beautiful quarter this morning. did you misthe window of opportunity or should you make the stock your home? and a storm of stocks in tonight's new edition of the lightning round, so, stick with h cramer. you see, medicare doesn't cover everything - only about 80% of your part b medical expenses. the rest is up to you. so if 65 is around the corner, think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help cover some of what medicare doesn't pay.
so don't wait. call to request your free decision guide. and gather the information now to help you choose a plan later. these types of plans let you pick any doctor or hospital that takes medicare patients. and there's a range of plans to choose from, depending on you needs and your budget. so if you're turning 65 soon, call now and get started. because the time to think about tomorrow...is today. go long. seems like we've hit a road block. that reminds me... anyone have occasional constipation, diarrhea... ...gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against occasional digestive issues. with three types of good bacteria. live the regular life. phillips'. there's moving... and there's moving with move free ultra. it has triple-action support for your joints, cartilage and bones. and unlike the big osteo-bi flex pills, it's all in ontiny pill. move free ultra. gegeyour move on.
i think it's worthwhile to sift through the rubble of stocks. that's why i want to introduce you to cva, one of our guests called this one. waste disposal company with a renewable energy kicker. they can turn roughly 20 million tons of garbage even enough energy to power a million homes. the stock habeen pummelled. down 42% since last may. downturn in commodity prices not up to them. it's hurt the metal recycling operation. however, better than feared last week, beating g ll street's revenue expectations delivered 11 cent earningings miss.
charge led to an audit, plus, the company's been buying back stock, picking up $32 million. just last week, steven jones stepped in and bought 15,000 shares in the open market. i think that's a sign of confidence. commanders has been pounded, now sports a 7.5% yield. you have to wonder if it's safe. let aes look closer with steven jones, the ceo of covanta holdings. find out more about the stock where it is headed and high he's buying. welcome. >> thanks for having me. gl want to get right to the point. we see a stock that's down a lot. we see in your conference call, you talk about dividends, then buy stock. so, then what makes me think is why should we think that the market is so wrong about it that it is such a good opportunity. >> so, i think right now, the market misunderstands our stock a little bit. we're trading much like an energy company, but if you look at the revenue streams of the company, two-thirds of the
you mentioned we process 20 million tons per year of waste. that's two-thirds of our revenues and a big part of business. 25% come from the power that we produce. and like i said, if people are trading more reich a power company now than a waste company and then there's a small portion, 50 to $75 million of revenues retlated to our metals recycling business. it was a good buy and it was an opportunity for me to get further into the stock. >> you say at the beginning, you talk right up and say, look, one of the biggest points, announced we would be maintaining our current dollar dividend. maybe boosting it. but then at the same time, you're cfo said waste and service revenue increased by 13 milllln, but energy surfacac declined by 25 million. recycled metal declined. those are big numbers.
set by us a year or so ago. it's about a dollar per share. we said it to be sustainable across the entire cycle and so, i think most would agree now from a commodity standpoint, we're at the low end o othe cycle. as those prices come back, we'll get more ebitda. but at this point, we look at the dividend as solid. the underlying waste revenues we have underpin that quite nicely. >> on the recycling side, explain how it works because staifd steiner was on recently. he just said the recycling business is too hard. really having to pull out of some contracts because people don't recycle well. i loif in new hampshire, put m m recycling out. they tony do it right, by the way and i undetand because you're in my neighborhood, that you one taking my waste. what do you do with it and how do you make none? >> it comes to the curb. we did a little research ft it goes to our union facility, which processes about 500,0000 tons per year of waste. that goes to recycling. you recycle it, so the bin goes
doing you're recycling. the other bin goes to our energy from waste facility. we process 20 million tons per year. and that produces fnough power for a million homes. as you pointed out. on the back part of the plant, we recycle the metal. we reclaimbout 500,000 tons a year of mel. that's enough if you think about bridges. we take out enengh aluminum, about a billion cans per here. that's the part to have industry we're in. metals recycling chain and those prices are under pressure now because of some of slowdown in china. >> but you said the turkish buyers are back. i know they used to buy copper. some of those buyers are back and aluminum hasasome down a lot, but maybe it't'bottomeded. sxwl it's hard to tell where the bottom is. i would think we're banging around the bottom now.
control the price of the metal. we're a price taker, but what i tell the employees is let's control what we can, which is the quantity of metal we take ouof that we process and also, the quality. on the quality side, we've been tting in place a clean up system in pennsylvania. it takes the metals from nine facilities and cleans up so we have a better quality to sell. >> what i'm hearing is that i shouldn't focus as much on that back end even though this -- >> correct. >> it's really the front end and a stable contrast. >> correct. >> because that's where i think people are looking at it other way. >> yeah, so, if you look at our waste, 20 million tons o year of waste being processed. 85% of that waste is under long-term contract, so take
with municipalities. the credit for the -- contractor is quite good, so, we feel good about that prt of our business. >> that's scaling. >> quite nicely. what we call profile waste, this is an area in the u.s. where government support is not really that strong. the company is because they want to meet their sustainability goals are. >> that's a very good point. people want tb sustainable. all right. that's steven jones, president and ceo of covanta. thank u very much.ve taken a left at the ririr. tarzan know where tarzan go! tarzananoes not know where tarzan go. hey, excuse me, do you know where the waterfall is? waterfall? no, me tarzan, king of jungle. why don't you want to just ask somebody? if you're a couple, you fight over directions. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. oh ohhhhh 's what you do.
and now, are you ready? time for the lightning round. let me see let's start with darrell inlorida. darrell. >> hi, jim. buy, sell -- >> no, not going to touch it. no need. really good high quality stocks. go to jason in massachusetts. jason. >> how you doing? jason from massachusetts. boo-yah. >> boo-yah. >> hey, myuestion is for -- >> the only one in ease we're recommended is palo alto networks and that's not just buy rich. this is not the kind of environment where they can just -- darren in texa >> hey. boo-yah to you, jim. >> what's up? >> not much. curious about kite pharmaceuticals. >> all the immuno therapy stocks are very, very risky.
the time, it's hard to go down to what i regard is the overtransed biotech stocks. trey. >> dling good. >> i'm all right. i was checking on -- abx. >> they ran the bell the other day i said i know it's up short-term, but longer term trgs been a real disaster. the one i like is rangold. let's go to steven in florida. steven. boo-yah, jim. >> all right. >> i was -- tooth mark corporation. >> interesting. a small bank that people have not asked me about. you know what is this i got, you mean, yields for, i got to find
sam. >> boo-yah, mr. cramer. >> boo-yah. chico's. >> when we think of overstore, we think of chico's. i happened to be in one the other day, but i got to tell you, the mall at short hill, but just t tnk there's too many apparel retailers. one more. going to brian in connecticut. brian. >> hey, jim, coming at you from a boo-yah speed daddy from connecticucu >> love to have you on the show. what's going on? >> long time view e first time caller. thoughts on look heed martin. >> key position. >> bye, bye, bye >> we think it's a terrific stock at these prices. doing a good job. might pay too much for, and that is the conclusion of the lightning round.approved to relieve both itchy, watery eyes and congngtion.
when we breathe in allergens our bodies react by over producing six key inflammatory substances that cause our symptoms. most allergy pills only y ntrol one substance. flonase controls six. and six is greater than one. complete allergy relief or incomplete. let your eyes decide. flonase. 6>1 changes everything. your heart loves omega-3s. but the omega-3s in fish oil differ from megared krill oil. unlike fish oil, megared is easily absorbed by your body. megared.
let's get these dayquil liquid gels and go. but these liquid gels are new. mucinex fast-max. it's the same difference. this one is max strength and fights mucus. mucinex fast-max. the only branded cold and flu liquid gel that is max-strength and fights mucus. let's end this. - it only takes one genius to change a light bulb--you! led bulbs use 85% less energy and last a long time, saving you up to $100 over each bulb's lifetime.
periodically, a company puts on a clinic of a conference call. you sit there, say these guys really get it. i felt that way a couple of time this is year already when facebook gave its latest quarterly conference call, a gem of greatness. i think realistic plans for virtual reality. they have them all. after the call was a con pend yum of the future. you could imine how this company's goal is to rule the world. it was a sky the's the limit call. general electric told a great
with the fantastic possibility of monstrous returns to capital when it gets the chance and i know starbucks got it, lessons resognating for me. harnessing technology. sense of optimism, technology fly wheel and then comes home depot. this was pant there is heon worthy. yeah, conference call champ. now, to be fair, i'm aware of facebook. home depot's a retail. all we ever heard from retail, woe is me tales that make you feel like we have way too many of everything. too many department stores, too many kids store, sporting good stores, mattress firms, you get
8.9% same store sales quote. 18% on a two-year stat. u know how thard that is i don't know, really, if i have the ability to explain just how dazzling that kind of number is. home depot is 2,274 stores. employs 385,000 people. 250 stores selling red hot products that may not be sustainable at all. home depot sells things that go into your house. they sell nothing you can't get elsewhere. something's been dead in the water in this country for ages. there is nothing new under the sun in this business. nothing that makes you say, holy cow, i got get to home depot right away. the company is doing great all over the country, but generated spectacular double digit number
h!llelujah you know how much market share they may be taking from somewhere else. same store sales, appliances, tools, building materials. double digits. come on. that's just nothing but fabulous pricing and customer service because again, you can go anywhere to buy this stuff, but people went to home depot. even though it was the mildest winter in ages, they had double digit gains in roofing. who are these guys? how about the home lawn business? growing at a 25% clip. a significant portion of the online growth leverage of physical store assets we have is over how 40% of online orders are picked up in store, end quote. this isn't some lip service omny channel where they lose money. this is a home run customer service strategy that works. can you beat a 17% increase in quarterly dividend, 69 cents a
comes down yield. how about a $7 billion buyback? 59 million of their shares this career including 2 million alone. 60.2 million shares in the fourth quarter and guess what? it can get better. it's now forecasting 1.9 million new households. home price, up from 1. 3 million. wow. best of all, not a complaint in the book. not about the weather, the fickle consumer, the proemotional environment. the rising health care costs, the inflation, the fed, the spres rates, the government interferes. nothing. the fact that it only rallied a buck 68 today and still down 60% seems like a genuine opportunity we all see stocks go down. this may be the one to go for. in short, home depot is the it's like the football team that has the, it has the ork, the special teams and coaching.
hall of famer at the same time. plus as the propie terror of the best garden of long island, i cannot wait to get the home desk spot so i can get to work on the plants i need to make cramer's none better tomato sauce. stick with cramer. (cell phone rings) where are you? well the squirrels are back in the attic. mom? your dad won't call an exterminator... can i call you back, mom? he says it's personal this time... if you're a mom, you call at the worst time. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. where are you? it's very loud there. are you taking a zumba class? working on my feet all day gave me pain here. in my lower back but now, i step on this machine and get my number which matches my dr. scholl's custom fit orthotic inserts. now i get immediate relief from my foot pain. my lower back pain.
there's always a bull market somewhere. i promised to find it for you. i will see you tomorrow. a huge victory for donald trump in nevada, winning big with male and female voters from almost every group imaginable. >> so, we won the evangelicals. we won with young. we won with old. we won with highly educated. we won with poorly educated. i love the poorly educated. >> today, 35 million americans in the path of severe weather
three dead with more tornadoes expected today. thedc has identified 14 new cases of the zika in the united states, transmitted through sexual relations. plus, sports caster erin andrews prepares to take the stand in her civil suit over secretly recorded naked video that's been viewed over 300 million times. it's wednesday, february 24th, early "today" startspright now. good to be you with i'm frances rivera. the results are in from last night's nevada caucus. donald trump took the silver state by a land slide winning every major voting bloc. we'll tell you how he did it and how the gop is reacting. but first, after a tense night in the deep south, 35 million americans are in the path of severe weather, with parts of the country bracing for more twisters today. dangerous storm systems pushed through the gulf coast region and at leaea three people are dead and dozens more injured. as at least five confirmed tornadoes touches down in