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Cramer's game plan for the trading week of May 2 - YouTube
Channel: CNBC Television
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my mission is simple
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to make you money
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i'm here to level the playing field for
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all investors there's always a homework
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at somewhere and i promise to help you
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find it mad money starts now
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hey i'm kramer welcome to mad money
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welcome to create america other people
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make friends i'm just trying to save you
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a little money on one of the worst days
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i've seen in my career so call me at
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1-800-743-cbc tweet me jim cramer look
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at least it's over
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i'm talking about this miserable month
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of april where the dow plunged more than
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1700 points has to be plummeted percent
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and then
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the nasdaq no it went down
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13.3 percent
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worst month since 2008
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wow
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normally april's a good month for the
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stock market the last truly april i
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remember it was like this was in 2000
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right after the dot-com peak it was
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april 14 to 17. we had all this junk
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that recently come public more than
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300.com ipos and their and their
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relatives and they dwindled to nothing i
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mean like nothing sounds a lot like the
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ipos and spec mergers we had in the last
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couple of years doesn't it i mean i i
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guess people must have been thinking
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something there was someone today saying
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hey look putin means what he's been
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saying which obviously is bad and there
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are other people just said just get me
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out
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so today was a fitting coder to this
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month's relentless grind
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and i've got to tell you if you just
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look at today dal
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losing 939 points s p 156 look at this
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three point six weeks and then the
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nasdaq i mean i won like 230 this thing
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was down 200 points and it's down
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4.17 percent that's the definition of
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bad this is a market where you can't get
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excited to buy anything or
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anything on our update we went over for
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the trust i said let's just buy one
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stock i mean i i've i just won stock
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let's pick at something and you know why
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we didn't want to be more aggressive
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because once again it was an old fang
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name how the heck did i come up with
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that that was good for about 8 years
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that blew us out of the water and it was
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amazon
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and its weakness reverberated throughout
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the entire market hey throw an apple
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saying the china's lockdown might cost
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them 48 billion or more sales and you
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had a real recipe for pain
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now i get when amazon's in the in the um
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in the penalty box that was not a good
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quarter and i'm glad to get sold a lot
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but apple's a different story
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once again i'm saying it own it don't
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trade it that was a good quarter and i
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spent enough time with luca maestri
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who's the cfo and tim cook who's the ceo
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yesterday to go through the numbers and
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know they were really great and i'm
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hoping that next week should be better
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now look i've got to tell you i don't
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expect a good day monday when you have a
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really horrible day like today sometimes
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you get a bounce all right
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right in you get a bounce and what
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you've got to do is you must sell that
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bounce
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all right because then you're gonna get
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a better moment after europe closes
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think about 11 11 30. now we do have a
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break fewer big companies are going to
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be reporting that is going to allow us
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to catch our breath this was in all the
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reporting periods that i've done and
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remember you can think about it for a
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year of this week and i've been in this
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business for more than 40 years this was
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the hardest i've ever seen too many new
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companies too many companies that were
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controversial this next week will be a
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lot easier plus we have warren buffett
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who's likely to favor us with some
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positive comments about a host of stocks
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and make us feel better it's okay you
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can watch them all day tomorrow on our
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network that's what i'm gonna do now if
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i know anything about buffett he'll tell
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us to sell off as a buying opportunity
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not a disaster in the making you may
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think it's glib you may think it's like
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so what he's rich i'm not but just let's
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just listen okay
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and with that in mind let's go to our
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game plan
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and i'm going on companies that i think
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are going to be remember i don't want an
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up opening because you'll get crushed
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okay like
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you'll get crushed like one of those
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flies on a windshield outside of
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tallahassee where everywhere i went i
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used my bed to use the windshield wipers
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uh since the peak of november i've been
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saying you want profitable companies
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that make something real return capital
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shareholders and have reasonably priced
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stocks that's our monster for the cmc
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investing club which has its meeting by
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the way on thursday
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this this time i'm doing a little
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different this time you're going to see
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the completely tortured
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stubborn
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raw side of me this is not it believe it
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or not
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anyway my mantra has saved you a ton of
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money which is why i love what do i love
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i love the oil companies we own we own
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so many oils for the trust it's great
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massive variable dividends from devon
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from devon on monday we hear from the
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man who pioneered this new model of
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dividends not just hey where else is the
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kind of two later on the show you don't
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like it rick moncrief the ceo of devon
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energy he'll explain how his company
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will continue to show great discipline
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perhaps returning a dividend equal to
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seven percent hey by the way that's
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better than your cd that you're running
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to our treasury
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much better
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next we're on the lookout for companies
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that have stalled and raised their
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prices because there may be too much
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capacity likely place mosaic which makes
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fertilizer we have a big deficit in what
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we're making down on the farm even as
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the business is booming if mosaic sees
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pricing topping out
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well and i don't see it by the way but
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let's see then jay pal might not have to
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raise interest rates as aggressive as he
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thought hey by the way hey you could
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argue that jay without doing anything
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has crushed the stock market which is a
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major way that we have that rich people
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spend money and i'm a congress into that
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and he's getting the job done i didn't
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even do anything yet all right now we're
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also going to get the results of clorox
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they've had a couple of really awful
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quarters let's just call it as we see it
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all right uh the company doesn't need
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the blow away numbers this time they
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just need to put up a decent one all
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right and that could send this tattered
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stock higher they've got to do something
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with that supplements business the
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supplements business is a lousy business
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tuesday morning we start with pfizer
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which has made so much money for the
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pandemic that i hope they consider
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buying another drug company make up for
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some looming patent expirations over the
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next few years geez hey you see that
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stock today i mean this thing is getting
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crushed
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good yield six times earnings now here's
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the 39 times earnings once i like estee
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lauder but the market has turned against
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it because it's too expensive even
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though it's like lvmh they're betting
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the companies key asian markets are
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going to be closed thanks to covet i'm
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betting with the ceo fabrizio freda he
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has tackled that problem he's the best
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in the business you want a former high
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flyer that i think can fly again
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remember this one amd lisa sue yeah now
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they just swallowed xilinx it was just
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another semiconductor company but in a
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lot of different lines of business and
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they may very well report an upside not
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that anybody cares given how far the
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semiconductor stock has fallen from its
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highs though
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even an inline quarter could send it
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flying i am itching to tell you to buy
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the stock we sold much higher in a down
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opening on monday we'll be frozen from
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doing so now because i just said this we
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hear from airbnb too and i think the
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strong travel data we've seen lately
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means that they'll have a decent set of
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numbers airbnb is one of the few real
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winners from a period where they weren't
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too many good stocks i think it could
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tell a great story but it's a very high
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priced journeys multiple so once again
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it may not matter
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after the close starbucks howard schultz
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back this time focused on the workers
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not you i think this quarter would be
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rough no matter what lockdown in china
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but it'll hurt even more now that
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imagine feels the need to be able to say
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to the employees you don't need union
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we'll take care of you wednesday morning
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cvs help health
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ever since they became a health company
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i like that i was going to be
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capitalizing on the kobe vaccine i think
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a lot of people have rediscovered cvs
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they like it recognize it i still can't
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use the scanners monder on the other
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hand has needed capitalism
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these guys have so much money from the
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kobe vaccine but now they have to do
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something to broaden their portfolio it
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can't be a one-trick pony i wish we
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could take b-52s fly over china and drop
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moderna next we had a great number this
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week from chipotle nothing anybody cared
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so how about yum brands parent of pizza
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kfc and taco bell while chipotle owns
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all of its stores yum is heavily
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franchised hey how about the difference
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i think that the difference is
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chipotle's better tasted also let's see
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if they're having the same success
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finding workers at chipotle thursday
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remember i like the oils it's conical
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phillips all right
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um
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all right we'll maybe switch the date
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there uh i i like kind of close i think
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it'll be fabulous with a good balance of
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natural gas and crude as i've said
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before i'm always on the lookout for
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situations where commodity costs are
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peaking because more supplies come
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online the most logical place to look is
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a company called westrock
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okay they make paper board
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and there's no industry we're willing to
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put up new factories to change just to
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be able to chase demand than the paper
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industry i know that my father was in
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here for six for 60 years jay pal listen
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up when paper peaks you know we're going
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to get inflation under control if it
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hasn't peaked well
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it's your ball game you want the most
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consistent earner for the week the one
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that's going to be the best it's going
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to be zoetis why was healthcare company
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pet healthcare i can't believe how well
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this company's run spun off by five or
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nine years ago i think ceo kristen peck
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will put up great numbers you only have
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to buy something into the down three
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percent that i expect here go for zoetis
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thursday morning shopify i just
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mentioned because it's been cut in half
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truly plummeted online fulfillment
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expert for small medium-sized business
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pigeon hole is a lockdown company not
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true it's a company for all seasons but
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nobody believes me anymore about that
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stuff even a great quarter might not
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matter being a little cynical remember
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how i said the airbnb was one of the few
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companies that's gotten through this
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period of flying colors well the other
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one is doordash okay tony's shoe people
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love to eat at home and they buy their
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own liquor rather than paying through
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the nose for drinks at my former
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restaurant and every other restaurant
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but the standard is high these days so
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if doordash doesn't beat handily it's a
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lookout below
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oh and then me again
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kind of in the way i am right now a
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little raw
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friday under armor and all i can say is
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lulu's crushing them and says stay away
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i'm going to listen because it's a
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homework oriented but lou is a good
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stock to buy into the weakness i like
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the oil pipelines too and bridge my
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favorite it's got a real nice shield
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they can afford to raise it they're down
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there and the gulf looks real good
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finally let's not forget that we're
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going to have some number that
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everybody's going to interpret as
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negative except for me because we're
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going to be so far down that it's going
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to look up to me it's possible the job
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numbers will have peaked because
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companies that hired extra workers so
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they'd be covered during the worst days
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the pandemic have started to let them go
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go listen to the amazon call that'd be
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very good news for a stock market that's
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terrified or of inflation
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more on that later do you know if putin
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didn't have nukes and china wasn't
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stupid enough to close down the country
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you know what this market would look
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like which is why it's very difficult to
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leave it bottom line
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i am so glad april's over
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michael in arizona michael
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jimmy how are you doing i don't know i
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don't know this was a bad month
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uh try brutal
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that's right final quarter yeah i even
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ate a lot of peanuts they look fat
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what's up
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i'll try to be as concise as possible i
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wanted your feedback um the stock has
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beaten estimates 10 straight quarters
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has impressive free cash flow
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actually makes money pe of 45 forward p
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e low 20s
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just enter japan brazil australia now
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access to additional half billion people
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i think they're over focused with the
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monthly average users which i think is
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stabilized and is actually going to go
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up in the next
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um
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12 months moving forward what's your
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take long term
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on pinterest i think that paypal should
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buy pinterest
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i say that because when paypal walked
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away from pinterest stockton dropped 200
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points i think a merger with paypal and
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pinterest makes a ton of sense here they
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got to start merging you can't just have
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all these companies out there it's just
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too much like 2000 april 14 and 2000.
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bob in massachusetts bob
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jim bob i'm honored to talk to the best
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in the business yeah if i were the best
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i would have told everyone to sell
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everything but you know what i
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appreciate the comments what's up but
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jim you are definitely the goat of wall
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street really
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thank you man
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thank you
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i
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you're welcome it's my pleasure
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i
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prefer and have invested in two
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best of breed defense stocks over the
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last several years
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and i'm up 26
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on each that's nice
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i would like to know if you
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like either one or prefer one or the
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other and they are lockheed martin
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and northrop grumman okay now i i like
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your style i like how much you've made i
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know takelets so i you know what i do is
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i gravitate toward the guy who i like uh
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jim takelin who runs lockheed martin
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who's air force pilot he's sensational i
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i think lmt is a great great company
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will you look at this
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i'm supposed to have fun tonight
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i'm so great this miserable month
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april's over i think next week should be
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a little bit better i think i think next
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the next few minutes will be better
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moment because the month's over
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well man tonight warehouser had its
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strongest first quarter on record so can
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the timber company continue to build
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profits i'm checking with the ceo of a
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very well-run company and elliott
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management has its site set on suncor so
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could the activist firm's plans be what
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the soil company needs for sustained
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growth stock hadn't done anything i'm
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going to take the action and with cases
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rising is it time for the u.s to adjust
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its coven
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strategy
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a little strategy i'm talking to an
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expert in the field stay with chris
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[Music]
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don't miss a second of mad money follow
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at jim kramer on twitter have a question
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tweet cramer hashtag mad tweets send jim
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an email to madmoney cnbc.com
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or give us a call at 1-800-743
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miss something head to madmoney.cnbc.com
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shepard smith here thanks for watching
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cnbc on youtube
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