Faber Report: Future of Warner Bros. Discovery - YouTube - CNBC - 18 July 2024

with David Faber and Jim Cramer Based in New York,Warner Bros. Discovery is a multinational media and entertainment conglomerate broadcasting and streaming to more than 220 countries in 50 languages.*Warner Bros Discovery (WBD)

Investing in Volatile Times

When you see this level of volatility,you don't get confident;you get nervous,said CNBC host and master investor Jim Cramer.I think oil's going to be lower longer.It isn't going to be positive.*
Do you like something more because billionaire activist investor Carl Icahn's in it?Yes,you do.He's taken a stake in miner Freeport-McMoran.Freeport's run more like a private company.*
One billion users logged into Facebook on Monday 24 August.Social media is the way to go.Who is social media?Google and Facebook.Link with someone who has a lot of followers,and your business goes up.It just works.I look at Facebook and I think,what an unbelievable business.Do thy have to pay the NBA for rights?What a marvelous business model.*
I'm a believer in Disney and its CEO Bob Iger.You do have "Star Wars,"which is very big.You do have theme parks.I'm still a believer in what Bob Iger's doing,Mr.Cramer repeated.*
Freeport-McMoRan (FPT),Facebook (FB),Google (GOOG),Walt Disney (DIS)

Tesla Motors;Toyota Motors;Cambia Portland Classic

Morgan Stanley has raised the price target for Tesla Motors stock to 465.00 from 280.00.They believe Tesla may triple its revenue by 2029.*
I think that Morgan Stanley,did you need to be that excessive?asked CNBC host and master investor Jim Cramer.It's cynical to use these price targets,telling the shorts they need to cover like that.
The Empire State manufacturing report-it's terrible,Cramer noted.The factories are doing not that well.*
Meanwhile,Toyota Motors is taking a hit from the chemical blast tragedy in Tianjin,China,which killed at least 117 and injured untold others,including 50 Toyota workers.Three of Toyota's production lines will be idled through at least 19 August because of the Tianjin evacuation.
Tianjin is the company's biggest production hub in China,and more than a three-day delay could have a material affect on the business.*
Canadian Brooke Henderson,17,won her first LPGA tournament at the Cambia Portland Classic in Oregon Sunday.She mastered the Columbia Edgewater Country Club course with an eight-stroke victory,providing relief to fans disappointed by Canadian golfers' scarce wins in recent years.*
Tesla Motors (TSLA),Toyota Motors (TM)

Trouble at SeaWorld and Independent Business;Walmart OK

SeaWorld's ebitda,or operating cash flow,was down 14-16%,and attendance came in below estimates.This is an astounding decline,said CNBC analyst Jim Cramer.This is just an abberation.I've never seen a complete collapse of ebitda.
This thing is just in trouble.The CNN documentary on SeaWorld must have played a role.*
The CNN documentary "Blackfish" covers the killing of a trainer by an orca at the Orlando,Florida SeaWorld in 2010.California is considering legislation to ban orca shows at amusement parks following the shocking incident.The company said it believes attendance in the quarter was impacted by demand pressure related to media attention surrounding proposed legislation in the state of California.*
If you're self-employed,your deductibles are out of control,Cramer observed.The cost of health care in this country is soaring with the Affordable Care Act.It's going to cost too much to have a baby-something to think about.This is what the companies involved in health and human services for independent business organisations are telling me.I don't mean to be political.Deductibles are flying high.*
Walmart has cut its full year forecast,but Raymond James analyst Budd Bugatch isn't too concerned.I feel pretty good about the report,Mr.Bugatcher said.Sales were better than expected.I think the costs were about health care,and a little bit about the economy as well.The new US CEO will take over an operation that is a pretty good operation.Returning growth to the core will be a key objective of his.
In the electronics area,Walmart has just gone through a project reboot.Our outperform rating is that investors with a large portfolio should overweight the stock and pay attention to it.*
Greg Foran is the new Walmart US CEO,having previously headed the company's Asia division.In a conference call,he told analysts that being in stock,clean stores and the right price were among his priorities.
Wal-Mart(WMT)

GoPro Promises;Ricciardo Wins

GoPro is now promising retailers they will have the new version of their camera out in time for the holidays,said CNBC host Jim Cramer.It's something very important to the young people.It's like Apple,people waiting for the next iteration.*
Nothing is enough for the industrials right now.Maybe it's because housing is weak.I think maybe buyers want too much from the industrials right now.*
I think tech is next.You're not seeing the next leg up.You need to see Twitter deliver something.I'm talking about the zeitgeist of the market.I just worry that you could get a bleed-off.*
Consolidation is not a dirty word.It just happens to be where we are right now.We're consolidating,popular investing expert Jim Cramer noted.*
Daniel Ricciardo of Australia won the Formula One Hungarian Grand Prix Sunday.It was his second win in the last five races for Red Bull Racing.He waged a closely-fought battle with Spaniard Fernando Alonso,who came in second for Ferrari.The Ferrari fans were ecstatic just to get a podium finish,it's been such a tough season for them.They out-cheered the other fans.*
GoPro(GPRO),Twitter(TWTR),Apple(AAPL)

Prospects in Energy and Tech

The Permian Basin is an energy-rich sedimentary formation primarily in West Texas and Southeast New Mexico.Permian Basin shale oil is said to be second only to Saudi Arabia.Pioneer Energy is the Permian,said CNBC host Jim Cramer.EOG Resources is there,too,and so is Cemerex Energy.
Energy is the hottest IPO sector,up 27% in 2014.*
Google made 20 acquisitions in robotics in 2013-also in artificial intelligence.It's no longer just search.It's a way to be diversified without buying a bunch of names.This is truly a robotics company.They have their eye on the future.Ten to fifteen years out,it seems Google has gobbled up all the talent.
IBM and CISCO also buy into artificial intelligence,while Intel is now into wearable tech and robotics.3-D imagery and artificial intelligence are disruptive.
Intel has raised its guidance and was upgraded by Morgan Stanley.Intel's going right to 40.Business is much stronger,the yield's still three and change.We have a leader in old tech.You have to dust off the old playbook of what to do when Intel gets it right.The engineers are in charge-a 100% change in leadership.They are in gaming;they are in mobile.Look out,Samsung.*
Sony is bringing PlayStation TV out this fall.*
I think that Yahoo is a buy off of Alibaba going public soon,Cramer noted.*
Goldman Sachs has upgraded Hewlett-Packard from sell to neutral.HP's management has executed far better than we anticipated,Goldman said.The stock has appreciated 50% since it was downgraded.*
Twitter's COO Ali Rowghani has resigned-perhaps on a lack of user growth.Twitter does not intend to hire a replacement.On day to day usage and monetising,Twitter isn't in the same league as Facebook,CNBC's John Forte pointed out.*
The merged Sprint/T-Mobile company is to be branded T-Mobile.A definitive agreement is still weeks away.They agreed on a two billion breakup fee.They have to develop a playbook for DOJ opposition.Without the merger,neither firm is capitalised enough to compete with the other two telecoms,CNBC colleague David Faber said.
Sprint(S),T-Mobile US Inc(TMUS),Intel(INTC),Hewlett-Packard(HPQ),Pioneer Energy(PXD),Google(GOOG),Facebook(FB),Cemerex Energy(XEC),EOG Resources(EOG)

Where To Invest Summer 2014

Deutsche Bank downgraded Dollar General on margin concerns,but Goldman Sachs said the stock is too low,and we're gonna stand by it,CNBC host Jim Cramer said.Too many people downgraded it on what turned out to be a decent quarter.*
Target stores are looking a little dowdy.*
Teen apparel retailer Quiksilver,Inc's balance sheet's not that good there.They lost their surfer spokesman Kelly Slater.*
Union Pacific said autos are great.Once they start ramping up those factories so they can run more,it looks really good for the economy-sorry to be so cheerful.*
Salesforce.com is in that very challenged area.You saw that software as a service got hammered yesterday.It's not the place to be.*
Ford's May sales were up 3.0%,beating the Edmunds estimate of 0.9;GM's were up 12.6%.GM totally blew their numbers away.It's been a monster bad stock.My charitable trust owns it.It's been very low in relation to its sales.*
I went to the Ford F-150 plant,and that is a winner.They make a big margin on the F-150.*
I don't know golfer Phil Mickelson from Adam.FBI agents walked up to him at a tournament.Listen,when the FBI shows up like that,they're making a statement,a frightening statement.*
I like First Solar very much,but they've been eviscerated by Chinese dumping.We're in a bit of a war with China financially.*
One of the things that happens in a bull market is,a guy upgrades a stock and it goes higher.Every one of the health maintenance stocks is on fire.Wellpoint is higher,and I think it deserves to be.You have takeovers,you have analysts making big calls,and it's working.There was a lot of fear and a lot of pain about that stock.I think you'll see the analysts come out of their foxholes and their pillboxes.*
AT&T expects to save 1.6 billion dollars in content costs after year 3 of the DirectTV deal,a 20% cut,adds Cramer colleague David Faber.It is certainly front and center for many of these companies as they see the Comcast-Time Warner Cable and AT&T-DirectTV mergers come into effect.One day CBS and Viacom coul come back together,but I don't want to get too far ahead of myself.Disney is by itself.It's so much bigger than everybody else.They have so many different parts.They have the theme parks.*
Rite-Aid is back.It's no longer a turnaround;it's an earnings per share story.I buy my beer at Rite-Aid.I'm not kidding.When you go into your drugstore,they don't look like they used to,CNBC Wall Street expert Jim Cramer pointed out.*
AT&T(T),Rite Aid Corporation(RAD),Ford Motor Company(F),Dollar General(DG),General Motors(GM),Walt Disney(DIS)

Weathering Change:Hewlett-Packard CEO Confident

The shift to mobile devices and cloud computing have had a substantial impact on the financial health of legacy technology companies such as Hewlett-Packard.
We had a very good quarter,said Hewlett-Packard CEO Meg Whitman.In fact,our operating margins were up.We think we're gonna have a couple more good quarters.I remain confident in the future of Hewltt-Packard.
Neither PCs nor printers have disappeared.We've been able to stem the decline in our legacy businesses.Any acquisitions we make are likely to be small to medium-sized,directly aligned to our strategy.
After this restructuring program,then we have to build productivity and efficiency into the DNA of Hewlett-Packard.We will build that into our operations.There will be no more big restructurings.The good news is,the rate of decline has slowed dramatically.My view is,the turnaround is right on track.
We need to make scale work to our advantsge.The business will rebound in the years ahead,Hewlett-Packard CEO Meg Whitman predicted.
Upon further review,it is totally clear the turnaround is working,agreed CNBC host Jim Cramer.
There has been a 39% climb in share price since Whitman took the reins at HP in 2011,although the company's sales have been declining the past few years.She is making up to 16,000 more job cuts to lower costs,as well as the 34,000 that were previously announced.
Hewlett-Packard(HPQ)

Tuesday Tidbits:Spider-Man;ISM Report;U-2 Spy Plane

This is the housing sell season,said CNBC host Jim Cramer.There's no inventory.Prices are being bid up,I know in the tristate area.It's too hot.*
I like 2:45 for a stock market rally.A great rally takes place at 2:45 and runs till 3:15.That's the sort of rally you want to trust.*
Though topping the May 2-4 box office,Sony Pictures' The Amazing Spider-Man 2 didn't do quite as well at bragging rights over its opening as Disney's Captain America:The Winter Soldier did in its April debut.Spider-Man,starring Andrew Garfield and Emma Stone,brought in 92 million dollars,while Captain America had earned 95 million.It's all Disney right now,the popular analyst Jim Cramer pointed out.
About 40% of the year's box office is made over the summer cinema season,which begins the first weekend in May.*
The Institute for Supply Management's April service sector report came in stronger than expected at 55.2.Over 50 indicates expansion.There was a big jump in new orders from 53.4 to 58.2.Employment in the sector held basically steady at 51.3,versus March's 51.6 reading.Inventory backlog fell,while traffic and sales were up due to a break in the weather.*
A U-2 spy plane on a mission over the Los Angeles Basin overwhelmed the region's primary air traffic control center,the Los Angeles Air Route Traffic Control Center in Palmdale last Wednesday,causing up to 500 delays for a one hour period at LAX Airport,the FAA said.The secret aircraft apparently had to input a lot of waypoints,confusing the system that safely spaces airline flights.The U-2 was actually flying at an altitude of 60,000 feet,far above the airliners.Mitigation measures were put in place and engineers are making software changes to prevent a reoccurrence of the incident.
The U-2s are known to fly out of Edwards Air Force Base,California.The US Air Force is phasing out its fleet of about 36 of the 1980s version of the Cold War era spy plane.*
Sony(SNY),Disney(DIS)

Market Briefs:Morgan Stanley,IBM,Intel

On Morgan Stanley,I think the Citigroup number has emboldened the analysts to get a little more bullish on this sector,noted CNBC's popular host Jim Cramer.It's a real strong story that has just sold off.People want Morgan Stanley and that nice,smooth Gorman uptrend,and these guys at Goldman Sachs didn't give it to you.*
IBM was downgraded at Citi.Enough is Enough.This company is gonna have a better 2015 than 2014.They are motivated because they screwed up.It's been a great value play since December.*
Yahoo-there's tax issues.I don't think Yahoo's worth nothing.I think there have been some changes,but that's not why people want to own it.They want to own it because of Yahoo's stake in Alibaba.*
Mastercard and Visa-I like these companies because the transition from paper to plastic isn't done,belive it or not.There are countries still doing that.*
These guys in my class are retiring left and right.Ballmer got tired,but I'm still with it.*
Whirlpool is a nice turnaround story.I like the management-they're very good,the Maytag acquisition.*
Intel's profit exceeded estimates.I like the quarter.The company's finally spending less money;expenses are coming down;"We're not afraid of the 200.00 PC." I think you buy Intel here.You could get a dividend increase."We don't fear the low end of the market." I like that,said Jim Cramer,who has a law degree and indeed shows no signs of tiring out.*
Intel(INTC),Mastercard(MC),Visa(V),Morgan Stanley(MS),Whirlpool(WHR)

Market Views:GM,Tesla and the Fate of Coal

Burberry's numbers were great,but the store numbers were bad,said CNBC analyst Jim Cramer.They were all digital.*
At Bank of America,your expenses are going down.Deposits are going up.I think the stock is more of a buy than Citigroup.*
I think GM stock going down is just a screaming buy.Whether there is a price war,what's far more important is the pension headwind going tailwind.
There's an element of rigour that Ford and GM have that Tesla has to stick to.This is a cult stock,so their recall of the word "recall" was tweeted.This is a press release company.When they go up from two to four cars in China,I'm talking about a big revenue increase.I'm not gonna get in the way and short this stock.Their cars are loved.These are sea change stocks.If you believe in electronics and solar,then you believe CEO Elon Musk is giving you two great stocks in Tesla and SolarCity.*
BMO has upgraded Intel from hold to buy on PC sales stabilising.There is a point at which I buy Intel.If the Hewlett-Packard comeback is for real,then Intel and Microsoft are possibilities.*
A lot of people think coal is coming back.Oh,will you give me a break?Coal is going away.The shrinkage of coal because of the EPA is just taking people's breath away.They're not even buying equipment to mine coal.*
BlackRock had an amazing quarter.CEO Larry Fink is doing a great job there.
American Express is doing very well.They're doing a remarkable job at expense control,but my charitable trust has sold it.That stock is not where I want it to be.I think Capital One is the leader in that category,master investor Jim Cramer observed.*
Captial One Financial(COF),General Motors(GM),BlackRock(BLK),Intel(INTC),Tesla(TSLA),SolarCity(SCTY),Burberry Group PLC(BRBY),Bank of America(BAC)

American Companies To Watch

For Boeing,it's been straight line ever since the Ethiopian Airlines fire,when it went from 105 to 101.That had nothing to do with the Dreamliner-a remarkable performer,said CNBC analyst Jim Cramer.*
The Greek car sales and registration came out the other night.They were very strong.Keep track of the Mexican market.That's where all the autos will go.Keep an eye on Mexico.*
I'm all in Exxon.I just like that they're bullish about themselves.They're bullish about themselves-that's all I'm saying.*
I would still buy American Airlines agressively here.I just think this group has more legs,and I think American Airlines is terrific.*
Look at these American companies.Look at Boeing.People have to recognise,when Home Depot CEO Frank Blake comes on and says that business is good,you should buy the stock.Look at Carnival Cruise.That stock's taking on the world.People love Twitter.We can denigrate that,we can say people are foolish,but people are making money.How foolish can those people be?asked the popular CNBC host Jim Cramer,who was so poor at one time that he slept in his car.*
American Airlines(AAL),Boeing(BA),Exxon Mobil(XOM),Home Depot(HD),Twitter(TWTR),Carnival Cruise Lines(CCL)

MasterCard's Move;Cisco's Issue;Home Depot

MasterCard has announced a ten for one stock split;an 83% dividend increase;and a 3.5 billion dollar stock buyback.Retail investors don't want to buy just one share of MasterCard for 200.00,CNBC analyst Jim Cramer pointed out.It's well-run.These guys are not lightweights.*
Citigroup has issued a buy recommendation on Alcatel-Lucent,and a sell on Cisco Systems.I think people are starting to recognise there is a management problem at Cisco.The analysts are giving up.It was the biggest darling;now it's a hated stock.CEO John Chambers isn't going anywhere,however.He and Cisco are revered in the Silicon Valley.*
Home Depot is a great company and CEO Frank Blake is a fabulous operator.I love the stores.Frank Blake is the great hard goods merchant of our day.You bet against Home Depot,I think you're making a big mistake.That stock should not be down,said CNBC's popular author and host Jim Cramer,who has a law degree and roots for the Philadelphia Eagles.*
Alcatel-Lucent(ALU),Cisco Systems(CSCO),MasterCard(MC),Home Depot(HD)

Tupperware Brands;Cramer Comments

Thr US middle class is challenged,not dead,according to Rick Goings,CEO of Tupperware Brands.We're seeing individuals more interested in entrepreneurial activity.Our recruiting for sales force is up.There is hope for the future in the US and Europe,which are about 5% each of our business.
The emerging middle class is gonna grow by a billion people in the next 5-6 years,and women are looking for an opportunity.There are limited earning opportunities for women in retail.
We send a managing director from that country in.She plugs our model in.It works.The sales consultant moved from lower to middle class.She had better relations with her family.
India has been growing double digit.We've been growing 30% in Brazil the last five years.It's the power of women.Men generally can't multitask;women can,said Tupperware CEO Rick Goings.
Tupperware stock closed at 91.73 in Monday trading,up 0.31%.*
I heard a lot of buzz in San Francisco about Meg Whitman and Hewlett-Packard,said CNBC author and analyst Jim Cramer.Meg Whitman is trying very hard to reinvent that company,and I have to say,I think she's succeeding.
Amazon is revered out there.They are fabulous.*
The Emirates is spending 300 million for GE engines.GE's becoming a manufacturer again with a tail of finance,rather than having a dog of finance.*
Elon Musk does seem very confident about Tesla Motors.Hey look,I want one.I wouldn't be dissuaded by the fire risk.*
Whirlpool basically did nothing for a decade.I like Whirlpool now.I don't want to sell Whirlpool.*
No one's talking about giving Twitter money yet.Just in terms of getting in touch with your customers,people seem to favour Facebook.They like to monitor what people are saying about their company on Twitter,Jim Cramer pointed out on CNBC's Squawk On The Street program.*
Hewlett-Packard(HPQ),Whirlpool(WHR),Tupperware Brands(TUP),Facebook(FB),Tesla Motors(TSLA),Twitter(TWTR)

Cisco Craters on Poor Revenue,Guidance

Shares of tech titan Cisco Systems lost more than a tenth of their value in Thursday trading after an appalling earnings report and conference call.Revenue missed expectations and the guidance for the new quarter was devastating.
Cisco delivered earnings per share of 0.53 per share and revenue growth of 2% year over year,CEO John Chambers said on the company's conference call.While not inconsistent with some of our large peers,this was below our expectations for the quarter.The last month of our quarter was during the U.S.Government shutdown.The impact on our federal business was approximately 50 million.Our team there did an exceptionally good job managing through this challenging period.However,the shutdown,debt ceiling negotiations and delayed key decisions exasperated the lack of confidence among business leaders we had highlighted over the past few quarters.
From a macroeconomic perspective,in the last two quarters our order growth rate in emerging countries,which is 20% of our product business,has gone from a positive 13% in total in Q3 to a negative 12% in Q1 of this year.You can do the math,but that's a drag of between 4 to 5 percentage points on our growth for this quarter.
The set-top box orders which are approximately 20% of our total service provider business was also down 20%,Mr.Chambers noted.
CFO Frank Calderoni added that,as a point of reference,approximately 70% of our product revenue is dependent on new orders each quarter.With that in mind,we expect total revenue to decline in the range of 8-10% on a year over year basis.
CNBC analyst Jim Cramer was not amused.Open rebellion has begun,Cramer said.My charitable trust owned this,blew it out,made a huge mistake believing.They should have pre-announced the guidance.This was not the ride othe Valkyries call.This was Tristan and Isolde,which ends badly.
There's a kind of a moment here where I think social media has overrun all bounds.You need seventeen year olds in the board rooms.I'm not being facetious.If you don't know what these people are doing-they understand that social media rules,taht the cell phone rules.The older people don't get it.You get a seventeen year old in PR.You've got to do something.It's a gold rush.You never have to show strong earnings,and you're dominant.They all want to be Amazon;they don't want to be Cisco.
Look,Mr.Chambers has been around a long time.They've got a lot of good employees.I know some of them.But the orders was just staggering.It was staggering.My charitable trust was just slack-jawed,CNBC's popular Jim Cramer complained.
Cisco Systems,Inc.(CSCO)

Is Twitter a Ripoff-and what could be a better deal

Twitter closed at 42.90 on Monday,down from its opening price of 45.10 when it debuted on November 7.If you bought it then,you're decidedly in the red.
A leading analyst has slammed the stock.At a certain point,to have that conversation completely devoid of rational business metrics,there's really nothing left to the imagination,said Daniel Ernst,principal at Hudson Square Research.It's so out of the loop.I certainly understand the market:they don't get Twitter.It is so overvalued,it's beyond imagination.
I don't possibly imagine a scenario where growth is gonna accelerate more than it is today.Mobile is already 65-70% of their revenue.When Facebook was at this size,they had a 35% positive operating margin;Twitter is at 11%,Mr.Ernst pointed out.He has a 20.00 price target on the stock.If that pans out,those first day investors will be seeing red,as well as being in red ink.*
People who invest in Twitter have to realise it's a cult,warned CNBC analyst Jim Cramer.
On the other hand,Cramer is confident in health care titan Johnson and Johnson.I think JNJ is worth 120.00,Cramer said.I think CEO Alex Gorsky will add 30.00 of value,so to sell JNJ now means nothing to me.
JNJ closed at 94.29 on Monday,up 0.26%.
Twitter(TWTR),Johnson and Johnson(JNJ)

Good Vibrations:Exxon Mobil and Tesla Motors

Even though Exxon Mobil's Q3 earnings were down 18% on the year,hurt by refining margins,the latest report was still greeted positively by Wall Street.Earnings of 7.87 billion dollars,or 1.79 a share,did beat the consensus estimate of 1.77 a share.As well,oil production rose 1.5% on the year,with liquids volumes up 5.3%.
It's better than I thought,said CNBC analyst Jim Cramer.Exxon looks good,with the production growth.It's nice to see a big dog get a good run here.*
In Monday trading,Exxon Mobil shares closed at 92.10,up 2.28,or 2.54%.The stock pays about a 2.9% dividend,and a 3 billion dollar buyback to support the share price is expected.*
Tesla Motors stock popped 8.03% in Monday trading,closing at 175.20,ahead of Tuesday's earnings report at the close of trading.Bloomberg described the stock's October results as having hit a pothole,however.It experienced a loss of 4.7 billion dollars-it's worst monthly performance since October 2010.R.W. Baird&Co. cut the stock from outperform to neutral,saying it was priced to perfection.Investors are wagering on the carmaker having tremendous future success,driving it to heights seldom seen,with the stock trading at 13.9 times sales,versus GM's 0.4 times sales.
This speculation causes the stock to be highly volatile,moving sharply at the slightest news.For example,fires that resluted from Tesla crashes on October 1 in Washington state,and in Mexico on October 18,caused the stock to crater.Tesla CEO Elon Musk himself said in an October 25 interview that the stock price we have is more than we have any right to deserve.*
Exxon Mobil(XOM),Tesla Motors(TSLA)

Ranting and Raving:Stop Complaining and Invest

The Bernanke economy is lifting the world,said CNBC's Jim Cramer.The most powerful financial figure in the world,he did it right.Stop bellyaching and go make some money.I've never been against making money;it helps. Without China,the metals complex is catching up.There has to be something going on.We are pumping oil bigger than the level of 1992.We are expanding refined products. I would argue that PCs are over.The industry's going away.I like Nokia.Microsoft CEO Steve Ballmer wants to do bold things with it.I think Nokia is a spectacular buy. Investing is part of America,and I welcome people back-even if it is through "Helicopter Ben" Bernanke. Boeing is a teflon stock.I do like that CEO McNerney said the battery is fixable.Don't bet against Boeing. I think Ballmer is back.He's better than ever.I'm looking to Microsoft's gaming division.I probably want to buy UPS right now.Maybe there are a lot of negatives,not many positives.I like that.I think it's gonna be recovering two days from now. There's a lot of excitement in the market,the popular CNBC market analyst Jim Cramer noted. He also likes Advanced Micro Devices on the gaming console trade and Celgene on its positive myeloma data. Nokia(NOK),Microsoft(MSFT),Boeing(BA),Advanced Micro Devices(AMD),Celgene(CELG)

Ranting and Raving:Stocks Down,Bond Yields Up

Stocks continued their downward momentum on Monday.I see a lot of companies whose stocks seem to be in the wrong place.They want to come down,cautions CNBC's Jim Cramer.
The Fed has lost control of the bond market.Everybody has to readjust.What if the ten year Treasury goes to three?A 3% Clorox is not as good as a 3% ten year.It's one of the bond market equivalents that don't work.It's just breathtaking to watch the TNX,the Treasury Yield Index,when you don't have a bond terminal.
There's a couple of higher yielding stocks and MLPs,master limited partnerships.I'm watching Brazil and the riots.Are they still gonna stage the Olympics?You can't even make money if you bet against the Olympics.
Who is gonna say the magic word that Fed fund rates are gonna go higher?That's something we don't want to hear.I feel Fed Chairman Bernanke is boxed in the corner.He has become the world's largest bond trader.
Copper under three scares me.China does worry me.I went to see a meerkat exhibition.They were all huddled together,clearly worried about the bond market.
Whirlpool has a giant Brazilian market.This is one of those "let them eat cake" situations.They're building the Olympics and forgetting the people.I rented out one of my homes for July.I need the income because of the Brazilian market.
I want the highest quality here.The earnings coming out this week will be a good tell,the popular expert investor Jim Cramer said.
The TNX-10 Year Notes closed at 25.48 on Monday,up 0.34,or 1.35%.
Whirlpool(WHR),Clorox(CLX)

Inside the Deal:Should Yahoo Buy Tumblr

Yahoo is purchasing blog site Tumblr for 1.1 billion dollars.Should it be spending so much on a site that has made so little money?Tumblr is a platform that has revenue of only 13 million dollars.Is Yahoo crazy or something?
CNBC's Jim Cramer says Yahoo is buying relevance.Tumblr has the demographic 18-34,which Yahoo lacks now.Yahoo could use anything that shows it has a pulse.It's TV of the future.Budweiser,McDonalds and Procter and Gamble will advertise on Tumblr.
This is about mobile.They're getting an immediate plug-in into mobile,as 50% of Tumblr connections are on mobile.It gives Yahoo a massive footprint.It's a very smart move.
This is a new generation of leaders at Yahoo.You can't look at the past;this makes a lot of sense,according to Chris Cunningham,CEO of Appsavvy.We're talking about Yahoo.I predict a richer,more appropriate,user-centric vision.
Tumblr is not a tradtitional tech company,but a user compant that has a huge adult audience.Tumblr is cool,it's edgy.It makes sense.They're gonna work on the inappropriate content.Tumblr is a phenomenal company.Their road map,their vision stays on tap.
Yahoo CEO Marissa Mayer said we have a global audience of more than a billion people with the addition of Tumblr.They get 24 billion user minutes a month.As we promised,we are not gonna screw this up.
Yahoo is increasing its New York presence,leasing four floors of the former New York Times headquarters building.
Yahoo,Inc(YHOO)