a couple you recommended, micron technology, has jumped up to the 14. it's back down now to the mid to high 12. i don't see anything different with the fundamentals. is this a buying opportunity? >> here's what's going on. we had number seven stock making more fab making more equipment to be able the produce more semiconductors and the kind that micron makes, so micron goes down because people feel there's going to be a supply problem. it might go down to 11.5. i think it will, then pull the trigger on the rest. rob in new york. rob. >> big boo-yah to you, jim. i appreciate watching your show and enjoy you as a teacher. >> nice comment. >> i've got some extra money. would any -- compliment in position? >> yes. boeing. oh, man. jim mcnurny. i have heard about that interview 100 times. it's the conclusion of the lightning round. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. time to have new experiences w

a couple you recommended, micron technology, i tried to buy it with a limit order. it has jumped up to the 14. it's back down now to the mid to high 12. i don't see anything different with the fundamentals. is this a buying opportunity? >> here's what's going on. we had number semiconductor companies making more fabs, making more equipment to be able the produce more semiconductors and the kind that micron makes, so micron goes down because people feel there's going to be a supply problem. it might go down to 11.5. i don't think it will, then pull the trigger on the rest. rob in new york. rob. >> big boo-yah to you, jim. i enjoy watching your show and appreciate you as a teacher. >> nice comment. >> i've got some extra money. would any boeing complement this position? >> yes. boeing. oh, man. jim mcnerny. i have heard about that interview 100 times. it's the conclusion of the lightning round. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedic

a lot of you have been asking about micron. they also produce d-rams. the hope with micron, the one i share, is that the d-ram business after being super competitive is settling down into a benign oligopoly. one reason i like semper semi, though, when you see that transition, you got a winner. you have to be aware of technology. this is the evolution up of the food chain. later in the show we're going to talk about underarmor. that's fine earring new technology allowing them to charge for for workout shirts. and vf corp. and old time heritage brands, i zod, they can't compete. they're not productive enough. producing generic drugs, that's like producing fertilizer. only you have the low r -- only the guys with the lowest cost production can make decent money. nothing is more propriety than an uber compound. they can charge hundreds of dollars for little pills. the returns from pepsico, coca-cola and drch. pepper are paltry in america. before you buy a stock ask yourself can anyone make this country's product, if there's anything that can't be duplicated

>> micron i think is going to $20 a share. >> karen? >> don't make me do it. >> this is your worst segment ever. >> one very hot call on the streets this morning. bofa up to 1750 from 1600. we have the strategist here to talk about it. always great to see you. >> great to see you, too. thanks for having me on. >> you mentioned that over the last several years fundamentals sometimes take a back seat. how much of the other forces come to play in raising your price target to 1750? >> our call is primarily driven by fundamentals. but i would say this, sentiments and positioning are still fairly conservative and suggest a lot more upside to equities at this point. we're seeing a falling cost of equity capital. we think the risk of equities has diminished over the last sick rsix months. we haven't necessarily seen the market rally on earnings. it's been all about an expanding multiple. whatever earnings growth we get from here is upside for equities. >> how much of the fed really plays into this for you? obviously we saw the market tick down

names like micron, tesla, best buy up triple digits. hold or peel away and lock in profits at this point? >> i like to talk about celegene. you had a couple of negative headlines last week. the stock initially sold off and another all time high today. this is not your typical biotech. pete can speak to an unbelievable balance sheet, great cash flow. they have a series of drugs. i think in the farm aspace it's as good a company that's out there. >> on a regis favorite, micron you would sell, dan? >> this doesn't make a lot of sense to me. when you think about what's going on in the pc supply chain, it's not one that i like. i know pete is going to jump in here quickly. i shorted it a few weeks ago when it was at these levels. it came down hard after they reported earnings. insiders were selling stock hand over fist. i covered the short i'm looking to get back in around 15. >> i look at best buy and this has absolutely defied gravity. it moved to the upside, was given up for dead. they have done a great job of the price match and the mini

i like micron, symbol moo, more. let's go to yasha in new york. yasha? >> caller: i have a question about baidu, i rode it down to the mid-80s and rode it up until yesterday and unfortunately i pulled the trigger perhaps too early. in light of the fact they've made two multibillion dollar acquisitions of late, should i get back in? >> no! no. i mean, look, i think china has bottomed. i think the news out of china will be bumping along. but i don't want you to own any chinese stocks. i understand they executed a guy for doing what madoff did the other day, you think that should concentrate their minds. i do not trust their equivalent of the s.e.c. i don't trust their stock market at all. and that's been a good thing not to trust. you don't need to dig too far into your memory to realize that worry is not an investable option. you know what? let's go for fortitude next time because history says we should use the weakness to buy. "mad money" will be right back. >>> coming up, up up and away. oil's on the rise and we're all being pinched at the pump. but cra

i like micron, symbol moo. more. let's go to yasha in new york. yasha? >> caller: i have a question about baidu, i wrote it down to the mid-80s and rode it up until yesterday and i pulled the trigger perhaps too early. in light of the fact they've made two multibillion dollar acquisitions of late, should i get back in? >> no! no. i mean, look, i think china has bottomed. i think the news out of china will be bumping along. but i don't want you to own any chinese stocks. i understand they executed a guy for doing what madoff did the other day, you think that should concentrate their minds. i do not trust their equivalent of the sec. i don't trust their stock market at all. and that's been a good thing not to trust. you don't need to dig too far into your memory to realize that worry is not an investable option. you know what? let's go for fortitude next time because history says we should use the weakness of buy. "mad money" will be right back. >>> coming up, up up and away. oil's on the rise and we're all being pinched at the pump. but cramer's giving yo

a drop from micron 11%. >> it would have been a great momentum story ultimately trading up to 15 a 12% pullback this week. the good news had to end, but ultimately people are waiting for levels around 12.50, starting to scoop it up again. >> d.r. horton up 12% this week. >> all the homeowners at the epicenter of the buy/selloff. i'm not necessarily convinced this is the place to be. if you were lucky enough to get 12% a week take them. >> drop for neighbors, down 8%. josh brown. >> a little bit of a recovery today but a very tough week for a really old and storied name. i would be taking a look at it. i wouldn't jump in just yet, but i think this sector is overdue for some good news and this is at a decent discount. >> netflix up 14%. >> they announced our friend and colleague are going to help moderate the earnings next week. i'm not saying we've had this story called but we've had it pretty good and continue to own this thing in earnings next week. >> let's take a look back now at some of the best moments here on "fast." >> montage -- >> call me crazy, just don't call me maybe. ♪ c

. >> downgrading the chips, micron suffering, not in the stock. >> yum brands, joe. >> like the assignment. why is yum going higher, 72 bucks but yet the concerns about china's same-store sales. if you believe they will be back to the positive in the fourth quarter, buy yum. i don't think they will be so i'll avoid it. coming up, you trade it and we tweet it. halftime heading to the twitterverse. the stocks you asked about most so you know where to put your money. "halftime" is back in two. and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. [ male announcer ] you wait all year for summer. ♪ this summer was definitely worth the wait. ♪ summer's best event from cadillac. let summer try and pass you by. lease this cadillac srx for around $369 per month or purchase fo

developed proprietary direct method processes that can take very fine particle powders at the six to nine microns and field them together into chemically pure, fully dense mid parts with extreme accuracies that rival anything that you can get out of traditional investment castings. that is particularly interesting to aerospice companies as they look to make more fuel efficient parts, and devices like hip and knee replacement, and interesting for restore ration with a variety of other aerospace and defense applications, and they have proprietary technology that's faster, more capable, and more accurate than anything out there so it's a crown jewel. liz: you made a lot of other acquisitions, geomagic, coweb, and then rptg. avi, let me just say that for viewers who don't know, you're in personal, professional, and production printer. you have enterprise and regular folks who want to buy these things. sch area shows the most promise? some analysts are concerned you go more with the software or the individual sales, and that, of course, has lower margins, thinner margins. >> liz, we look at this as a

hey, josh, we are watching micron falling hard and q3 man demand may be lower than expected. analysts i talked to also say samsung is suggesting high end saturation and concerns about the demand side and sandisk down more than 12%. tieler, over to you. >> let's talk about gold. the price is closing and jackie deangelis is tracking the action over at nymex. >> traders are saying the market is skittish when it comes to the metals. buhlon needs a dat list to push it higher. we're watching the prices right now. 1321 so trading under the 1325 resistance level. broke through but didn't have the momentum to move forward. right now just kind of hovering. we're seeing gold sellers evening out as the in the money option becomes futures contracts today. will it be data that pushes us forward next week? is it going to be the fed minutes? traders are watching the items. barclays says they believe they are unlikely to maintain and gold is roughly 2% higher on the week with big swings, and in the past month up more than 6%. >> thanks very much. new york stock exchange, bob pisani, right at

another bright spot, micron technologies witnessing its first profitable quarter in over a year. so what is it about the second quarter that has helped these companies stage a turnaround? digging through the earnings reports and speaking to some analysts, there seems to be a couple of factors. first, u.s. revenues are noticeably higher thanks to an improving economy. add to that efficient cost-cutting measures and lower raw material costs. all of these factor is have pusd up estimates. they're forecasting 12% rise in earnings in the last quarter of 2013. maria, we haven't seen 12% growth in earnings since 2011. >> that's pretty amazing. 2011. and that's where we're all waiting for, corporate cash, meanwhile, continues to pile up, the hoards are likely to hit another record high. courtney reagan on that angle of the earnings season. >> reporter: maria, cash isn't a bad thing to hoard, right, an uncertainty seems to be incentivizing the corporations. so for s&p 500, total cash and equivalents are at an all-time high, $930 billion. as of yesterday, $24 billion more than the same tim

the leaders new micron and newmont mining. the healthcare providers working today as hca now forecasts better than expected second quarter earnings. laggers, marathon, mosaic, whirlpool and ford. goldman removing ford from its conviction buy list. though still rating ford a buy. the price target is 20 bucks. among the blue chips, laggers include coke, second quarter earnings drop. weak worldwide volume growth. the company talking about unusually poor weather in the quarter. we'll end on one high flyer that got crushed today. tesla, after goldman says the stock could be worth just 58. the analysts look at three different scenarios for the company in terms of total sales and operating margins, said the average price was 84 based on their models. maria, back to you. >> josh, thank you. >>> mean while, at&t taking a step to get market share from people who always want the newest phone. but there's always a catch. julia boylston with what's going on there. over to you, julia. >> reporter: maria, at&t is trying to make it easier for

i also like micron. i like paleozoic tech. i don't like that new modern tech like broadcom which i said you get out of. i think rambus is okay with me. >> buy buy buy! >> and so is samsung. and tonight so is apple. and that, ladies and gentlemen, is the conclusion of the "lightning round"! >>> coming up, service with a smile. timeless toolmaker snap-on made reporting an earnings beat look like, well, a snap. but can its continued push into new markets cause its shares to find another gear, or will the stock break down? cramer has the exclusive just ahead. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. geico's defensive dri

your point is, if somebody wants to say, i want to program my computer to buy micron, i want the computer to be able to do that, why do i have to sit there and wait for it to cross the 50-day moving average? that's what you want to do. my problem is, and i agree with patricia, is there any evidence that people who do this can make any money? if there isn't, maybe it's not worthwhile. secondly, i don't know if you're that original. doesn't fidelity, have quantitate um programs you can buy off the shelf, right? >> to answer those categorically, we are original in that we made a visual programming language, you can drag and drop. >> yeah, a good point. >> automated pointing isn't around. what we're trying to do is either alleviate the need for quantitative programmer or hiring, frankly, a goldman sachs to create a black box for you. you can create anything. patric patricia, to your points, the 21 m.i.t. student, actually, bring it on. i welcome that guy to start bring on the algorithms. >> he's the customer that can get value out of this. >> we sell to hedge funds, the biggest institutions o

i also like micron. i like paleozoic tech. i don't like that broadcom which i said you get out of. i think rambus is okay with me. >> buy buy buy zblchld and ! and so is samsung. and tonight so is apple. and that, ladies and gentlemen, is the conclusion of the "lightning round"! >>> coming up, service with a smile. timeless toolmaker snap-on made reporting an earnings beat look like, well, a snap. but can its continued push into new markets cause its shares to find another gear? or will the stock break down? cramer has the exclusive just ahead. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. wi drive a ford fusion. who is healthier, you or your car? i would say my car. probably the car. cause as you get older you start breaking down. i love my car. i want to take care of it. i have a bad wheel - i must say. my

broadcom, micron, sandisk, though stx still up some 35%. and pulte, lennar, the group has been nailed on worries about how higher mortgage rates will impact the industry, and we'll end here on bud, the beermaker, moves sharply higher today, up some 6% this month. making more money than analysts forecasted in the second quarter. fans trading up to the premium suddens. bill, back to you. >> all right, josh, thank you. yeah, the facebook move back to $38 today. i know you have a debate on that the next hour, on whether or not that can continue. or that's the peak for right now. >> we'll see. a big victory for facebook. no doubt about it. and after that earnings release, people saw it as a game changer. so you have money moving into facebook. that's the question. what is the next move? we'll debate it at 4:00. >>> meantime, interest rates, most agree, that they are going to go higher. the fed will have to taper at some point. it's just a question of when or how much. michael crofton, philadelphia trust, says the fed could lose control of intere

they're also moving more heavily into memory with their joint agreement with micron. there are areas for growth here. we probably put it in line with some of our other companies, the group average, some around 14 time, ca all it 27 or $28 stock >> dell shareholders may vote on michael dell's buyer offer today or not. we'll see as activist investor carl icahn leads the opposition. the latest when "squawk box" returns. i turn ed 65 last week. i turn the math of retirement is different today. money has to last longer. i don't want to pour over pie charts all day. i want to travel, and i want the income to do it. ishares incomes etfs. low cost and diversified. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> most of these boards, they're completely dysfunctional. but i've never seen one as bad as this. i really mean

marvel, micron, also downside. the thing i think most interesting, and what i care about, jpmorgan and wells fargo talking on friday. given what's going on with the bonds they have tons of bonds. what are they going to say? notice they're up today. wells fargo is at a new high. the regionals, u.s. bank, they're at multi-year highs as well. doesn't seem to be that much of a concern. here is the story here. mpl, you are getting a steepening yield curve. in theory it is good news. the loan book should be better assuming the demand is there. that's a good piece of news. the bottom piece is tricky. if they're holding a lot of bonds in trading accounts and the bonds are down, they have to mark it and it will show up in a p p&l. essential in the trading accounts they have to account for that and give us indications what's going on. that i think will be the most interesting comment we'll be getting from the banks. let me move and talk about earningsment everybody and their mother is screaming about how bad it is going to b

this notion of saturation which is something that they are holding this morning, but the fact is that micron may be the winner because they supply the d-ram. >> and what about the apple product, because was this is a company at the end of the day is an innovation company and what about new products? >> we will announce things when we are ready. when they are ready. that is what they said. >> when are they going to be ready? >> well, when they announce it. >> well, a debate now about whether or not you stick with the strategy of doing it on your own timetable and doing the best you can or going for the scale which is what android and google did. >> well, that is a good point. and you know, again, on the quarter, you get the sense they have a sense that we have something big up our sleeve, and the analyst is saying that it is up our sleeve for so long. >> and they guide into higher margins, and the new products were depressed margins initially. >> yes. >> so can we say for the guidance to not expect a new product this year? >> i didn't feel that you are going to get a product this year. and th

part of the, no, i want micron trade. keep an eye on avnec. that's a cheap stock. >> the s&p within striking distance of 1,700. stick around to see if we hit that milestone and a lot more. nick canon among those ringing the opening bell today. he'll visit with us. we're bright back after this. more secure. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> you're watching cnbc "squawk on

it is very thin micron, polymer film. we have more than 6,000 parts on this airplane which allow us to two two things, manage energy efficiently, produce as much energy as possible from the sun power, from the sun light, very effectively, we have the most effective batteries in these airplanes twb the same parts in metals. so again a a very good example of what the chemical industry can do. >> i think that's the best thing about what you are showing us jean-pierre. i figure a lot of these components can be used by the existing commercial aircraft industry. because i don't see the commercial applications for this. because the whole point of flying is to move something from one place to another and are you holding down all the weight. will you not be able to make me out of a lighter composite material. if you wanted to move people or 48 or something like that, it's not going to be done with a solar powered aircraft. >> you should see that as a lab. it should be a very advanced lab to demonstrate advanced kaip capabilities.

and micron tech reported the first profitable quarter in over a year, and represents the closing of lp acquisition to occur on july 31st, tokyo tile, and they are a plyer supplier o apple. this is to make other companies like qualcomm and broadcom more competitive. and in the technical levels facebook breaking shares and so is apple for the key level that technicians watch. david, back to you. >> thank you, seema mody. >> yesterday was a merger, and to day we may get a deal, and we said it is yesterday and that is the take under as well by $3.8 billion and 7. -- something when you see have community health is bought out by hma. now whether 70% of the shareholders will agree is a consideration here as hma fights for its life in terms of the board of directors because as we have reported many times, and there is a solicitation under way to replace the board. as for the deal call it worth 13.80, and maybe more, and shares of community health are not up that much more this morning, and so right around there. and there is a cdr, and there is something worth maybe the dollar that you could o