Homepage / Technology / Cramer Remix: The biggest winner of Amazon’s destruction of the mall
Amazon says this Prime Day was its biggest shopping event ever Kudlow says President Trump is 'so dissatisfied' with China trade talks that he is keeping the pressure on As stocks regain their footing, an ominous warning looms Goldman Sachs downgrades Clorox to sell, says valuation is 'unsustainably high' How Satya Nadella has spurred a tripling of Microsoft's stock price in just over four years Kudlow says economic growth could top 4% for 'a quarter or two,' more tax cuts could be coming The one chart that explains Netflix’s stunning comeback US housing starts plunge 12% in June to a nine-month low Aerospace titans Boeing and Airbus top $110 billion in orders at Farnborough Target uses Prime Day to its advantage, logging its 'biggest online shopping day' so far this year Billionaire Marc Lasry sees bitcoin reaching up to $40,000 as it becomes more mainstream and easier to trade These are the 10 US airports where you're most likely to be hacked Amazon shares slightly higher as investors await Prime Day results Wreck of Russian warship found, believed to hold gold worth $130 billion A bullish ‘phenomenon’ in bond market is weeks away from fading, top credit strategist says Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade EU fines Google $5 billion over Android antitrust abuse Mortgage applications fall 2.5% as buyers struggle to find affordable homes America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson Investors are getting spooked as the risk of a no-deal Brexit rises EU expected to fine Google $5 billion over Android antitrust abuse Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections Elon Musk apologizes to British cave diver following baseless 'pedo guy' claim Disney, Comcast and Fox: All you need to know about one of the biggest media battles ever Xiaomi shares notch new high after Hong Kong, mainland China stock exchanges reach agreement The trade war is complicating China's efforts to fix its economy European markets set for a strong open amid earnings; Google in focus Hedge fund billionaire Einhorn places sixth in major poker tournament The biggest spender of political ads on Facebook? President Trump Asian stocks poised to gain after Fed's Powell gives upbeat comments; dollar firmer Stocks are setting up to break to new highs Not all FAANG stocks are created equal EU ruling may be too little, too late to stop Google's mobile dominance Cramer explains how Netflix's stock managed to taper its drop after disappointing on earnings Airbnb condemns New York City's 'bellhop politics,' threatens legal retaliation Amazon sellers say they were unfairly suspended right before Prime Day, and now have two bad choices Investor explains why 'duller' tech stocks can have better returns than 'high-flying' tech names Elon Musk is 'thin-skinned and short-tempered,' says tech VC Texas Instruments CEO Brian Crutcher resigns for violating code of conduct Google Cloud Platform fixes issues that took down Spotify, Snapchat and other popular sites Uber exec: We want to become the 'one stop' transportation app 'What a dumb hearing,' says Democrat as Congress grills tech companies on conservative bias Amazon shares rebound, report says Prime Day sales jumped 89 percent in first 12 hours of the event How to put your medical history on your iPhone in less than 5 minutes Investment chief: Watch these two big events in 2018 Even with Netflix slowing, the market rally is likely not over Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock Netflix is looking at watch time as a new area of growth, but the competition is stiff Why Nobel laureate Richard Thaler follows Warren Buffett's advice to avoid bitcoin Rolls-Royce is developing tiny 'cockroach' robots to crawl in and fix airplane engines After Netflix plunge, Wall Street analysts forecast just tame returns ahead for the once high-flying FANG group Roku shares rise after analyst raises streaming video company's price target due to customer growth China is investing 9 times more into Europe than into North America, report reveals Amazon says US Prime Day sales 'so far bigger than ever' as glitch is resolved Netflix is on pace for its worst day in two years US lumber producers see huge opportunity, rush to expand San Francisco to consider tax on companies to help homeless Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs Powell backs more rate hikes as economy growing 'considerably stronger' Netflix history is filled with big stock declines – like today – followed by bigger rebounds Intel shares get downgraded by Evercore ISI due to rising competition from Nvidia, AMD Petco aims to reinvent the pet store with something you can't buy online Genetic testing is coming of age, but for consumers it's buyer beware Tech 'FAANG' was the most-crowded trade in the world heading into the Netflix implosion, survey shows Netflix weak subscriber growth may indicate a 'maturity wall' that could whack the stock even more: Analyst This chart may be predicting the bull market's demise Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’ Tesla sinks after Musk tweets, again Boeing announces new division devoted to flying taxis Stocks making the biggest move premarket: NFLX, UNH, GS, AMZN, WMT & more Deutsche Bank downgrades Netflix, but says big subscriber miss is not 'thesis changing' IBM is experimenting with a cryptocurrency that’s pegged to the US dollar North Korea and Zimbabwe: A friendship explained Virgin Galactic spinoff Orbit to launch rockets from the UK with space deal Artificial intelligence will create more jobs than it destroys? That’s what PwC says ‘Treasonous’ Trump and ‘Putin’s poodle:' Scathing headlines follow the Trump-Putin summit China’s fintech companies offer ‘enormous’ opportunity, investment manager says Trump's performance at summit with Putin was 'unprecedented,' experts say Walmart and Microsoft link up on cloud technology as they both battle Amazon European stocks seen mixed amid earnings; Fed’s Powell to address Congress How I knew I should quit my day job and run my start-up full-time: Viral website founder China's stocks have been trounced, but the trade war may ultimately be good news for those shares Billionaire tech investor Peter Thiel bets on crypto start-up Block.one Asian shares subdued open after mixed close on Wall Street; energy stocks under pressure Amazon cloud hits snags after Amazon Prime Day downtime Netflix isn't doomed by one quarter unless people start questioning the long-term investor thesis Tech stocks set to sink on Tuesday after rough evening for ‘FANG’ Netflix plummets after missing big on subscriber growth This wristband lets humans control machines with their minds The U.S. has a rocky history convincing Russia to extradite computer criminals Amazon suffers glitches at the start of Prime Day Jeff Bezos is now the richest man in modern history 'The United States has been foolish': Read Trump and Putin's full exchange Goldman Sachs recommends these 5 highly profitable companies — including Nvidia — to combat rising inflation Goldman Sachs releases 'tactical' stock picks for this earnings season Three red flags for Netflix ahead of its earnings report The bond market may be raising recession fears, but don't expect one anytime soon Cramer: Banks are 'making fortunes' but are still as hated as they were during the financial crisis Putin told Trump at summit: Russia never meddled in US election

Technology

Cramer Remix: The biggest winner of Amazon’s destruction of the mall

In a market that has plenty to worry about, whether it be the Senate health care bill, retail’s demise, or impending deflation, Jim Cramer says it is preoccupied by one thing only: Amazon.

“I think the undercurrent, or I should say the undertow, of Amazon, is such a dominant threat to so many consumer-related sectors in a consumer-driven economy that it’s sinking whole swaths of stock once again,” the “Mad Money” host said.

But Cramer found one hidden winner of Amazon’s domination, a discount retailer that stands to gain when the e-commerce giant leads to more store closures in malls.

“The biggest winner in Amazon’s destruction of the mall is, by far, TJX. It has the cash to come in and buy all this excess inventory that pops up when you close a store, which they then mark up for a lower price than Amazon can charge, and they still make a boatload of money,” Cramer said.

Then, Cramer sat down with Mondelez CEO Irene Rosenfeld, who said her company’s top brass were not worried at the announcement of the Amazon-Whole Foods deal.

“I think, if anything, it’s a clear validation of the notion that the consumer is shopping everywhere, and all of us better pay attention to that,” Rosenfeld told Cramer on Thursday.

And as snacking patterns change around the globe and more people embrace healthy living Rosenfeld said she sees a promising path for her massive snack distributor.

“We have the most robust health and well-being pipeline in our U.S. franchise that we’ve ever had,” Rosenfeld told Cramer. “We’re doing lots of work in terms of renovating our core portfolio.”

When alcohol giant Diageo decided to buy Hollywood actor George Clooney’s tequila brand, Casamigos, for up to $1 billion, Cramer instantly took notice.

“It’s not very often that I get to talk about one of my favorite subjects on air: tequila,” the “Mad Money” host said.

At first glance, what intrigued Cramer most was the deal’s price tag: $700 million up front, with $300 million still on the table depending on future performance.

To Cramer, this seemed like a fortune, even though tequila is one of the fastest-growing categories in liquor, with average tequila volumes doubling from 2002 to 2015. So he compared it with Constellation Brands’ recent tequila brand purchase to see which name came out on top.

Cramer also sat down with Howard Lerman, the CEO of the newly public Yext.com, to find out how his company is carving a space for itself in an increasingly digital world.

“Every intelligence service, whether it’s Google or Apple or Facebook, they all have three layers. They have their [user interface], they have their algorithms and they have their knowledge base. Their knowledge base is where Yext comes in,” Lerman told Cramer on Thursday.

Yext’s job is to take its clients’ information and disseminate it across 100 platforms, providing companies with a one-stop shop to ensure their information is accurate when, for example, a prospective customer Googles it on her phone.

“It’s not enough for a business to sit back and hope that the right information is found. We proactively push the truth into the world,” Lerman said.

And while Yext is still a new company, Lerman assured Cramer that its potential is massive.

“This is a huge market. There are more than 100 million locations in Google Maps alone. We have a million, so we’re only 1 percent penetrated into what we could do,” the CEO said. “We have more than a $10 billion addressable market where we can go out and win. We believe, by the way, that this is a winner-take-all market.”

Once in a while, Cramer appreciates hubris, so the “Mad Money” turned to Oracle to go over its post-earnings conference call, in which the software company’s management applauded its own progress.

“I, for one, am not throwing any flags because I think occasionally it’s right to crow when you do something very right,” Cramer said. “And make no mistake, Oracle’s nailing the transition from on-premises computing to the cloud.”

Cramer has listened to thousands of conference calls in his career, and he uses his own measure to test the success of a conference call: the “congratulations-to-question ratio.”

“Nine analysts asked questions about the quarter on that call, eight of them gave some form of congratulations. Only Goldman Sachs’ Heather Bellini, one of my absolute favorite analysts, resisted the siren call, or it would’ve been a perfect game,” Cramer said. “Normally I’d like that impartial, diffident kind of question, but not this time. Come on Heather, join in on the fun and embrace Oracle like everyone else! Why? ‘Cause that stock is going higher.”

In Cramer’s lightning round, he sped through his take on some guests’ favorite stocks, including:

Citigroup: “They just reported. The stress test – flying colors. Next week I think [CEO] Mike Corbat is going to ask for a bigger dividend. I think he gets it. I want to hold on. My charitable trust owns it. I like it.”

US Steel: “No, no, no, no, no. We’re Nucor people. Within the next five days, I expect the president to be able to announce that he’s going to shut down all Chinese steel [imports]. US Steel’s going to go up $4 bucks, then you have to sell, but Nucor could go up $15. They already pre-announced. All the expectations are lower. I say buy Nucor.”

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagramVine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

Source: Tech CNBC
Cramer Remix: The biggest winner of Amazon’s destruction of the mall

Comments are closed.