• Stock got killed last Thursday when reported missing EPS slightly, but guided margins down as they invest in the business.  Stock was down 15%.
  • CEO Ethan Brown tells a compelling story viewing his company as an innovation engine with their platform being beef, pork and poultry.
  • They are in "hyper growth phase" seeking market share across plant based products, restaurant partners and geographically (he mentioned China and the UK).
  • Brown also defended the health benefits of his plant products, citing lower sodium, fat and obviously animal fat.
  • Key pursuits of the company which are resonating with younger consumers in addition to health are core ecological, climate and sustainability objectives.
  • We are big fans of the company and its leadership.
2/27/2020
  • Company reported a strong 4Q and guided 2020 up.
  • Company seems to be also benefiting as a "stay at home" stock in the coronavirus environment.
  • CEO says not concerned with supply side disruptions.
  • Television advertising is working as it taps peoples creative sides.
  • Stock was up 14% on Thursday.
2/20/2020
  • Company is a digital ad management company.
  • After stock was hit especially hard by the market in February, the company reported a strong 4Q although they guided conservatively in 2020 as it continues to invest in connected TV.  The company is benefiting from cored cutting.
  • Trade Desk is also benefiting from campaign spending from candidates in both parties.
  • Management not seeing any global effect on its advertising business from coronavirus.
  • Stock was up 14.9% on Friday.
 
  • Idea is that if coronavirus takes hold materially in the US, food delivery services like Grubhub would benefit.
  • They are studying the potential issue, but not making any real change in ops at this time.
  • Company announced in 3Q that he believes shifted the industry (with too many competitors losing too much money) with focus on getting aggressive with supply and incentives.  To support this, they announced a Membership Program with 10% back and free delivery.  Maloney said they are "leaning into profits" to buy market share (which hit the stock when announced).
  • Seems like the the growth path goes through consolidation, with GH well positioned because they are profitable.
  • Also interesting was 3Q food delivery market share: Door Dash = 35%, Uber Eats = 25%, GH = 23% and Postmates = 6%.
  • Meanwhile separately, Door Dash just filed to go public.
  • Cramer talks with super agent/CEO Ari Emmanuel (who's character was represented by the character Ari in the HBO show Entourage).
  • Talks about the transition from the leading talent agency (William Morris, CEA) to a company that generates about 50% from representation and 50% from ownership (like UFC).
  • He talks about the IPO deal that was shelved being caught up in WeWork fallout, how the company has exceeded expectations since.  And, it looks like they are positioning to be back in the market.
  • Huawei security chief Andy Purdy defends the company's position in the market and how to change the negative perception of the company.
  • He is critical of the Trump administration's handling of Huawei and other technology companies which he says is costing 10's of thousands of jobs in the US.
  • He says they are practicing full transparency including enhanced IP compliance, cross licensing deals with partners who can see Huawei's actions.
  • Measures successfully put in place in the UK where the government monitors and evaluates the products produced.
  • Good broad interview with Allison CEO of company that is firing on all cylinders.
  • Focus on driving high margin take out business with its lower price points, but much lower cost to serve.
  • Competitors have focused on lower margin delivery, which has been hit even harder with rising minimum wage level especially on the coasts.
  • Company expects to better leverage marketing to its successful loyalty program with 25 million active members and 40 million enrolled.
  • Regarding China where they have about 270 stores, only a few stores have closed, with many open but only for deliveries.  Company uses "contactless" delivery process to minimize direct human interactions.
  • Well done interview/overview of Intel's business with Swan.
  • In Q4, saw strong demand across all major business lines, especially the cloud which grew 50%. He indicated that this demand tends to flow in spurts.  He expects this to continue into the 1st half, although commenting that the 2nd half could be weaker (it sounds like caution given the on-going strength as major users "digest").
  • More broadly very positive on long term, he says big demand for data on both consumer and enterprise causes more demand for computing.
  • Negative Street comments focused on the 2nd half guidance with debate around whether the company is conservatively guiding, or the expectations of enhanced competition and looming structural issues.
  • INTC is a somewhat controversial stock which is reflected in Street sentiment with about half of the covering 42 analysts Hold/Sell rated.
  • Stock was up 8.1% on Friday.
  • Stock of this manufacturer of computer peripherals has had a huge run the past year up 43%.  The past month the stock was downgraded by a number of analysts largely on valuation, of which Cramer was critical given the strong FY 3Q results the company just posted.
  • All three business lines continue to grow from 8% to the low/mid teens, with strong gross margin trends. Expects its video game segment to resume 16% growth as it laps the effect of Fortnight a year ago.
  • CEO Darrell also sees opportunities in enabling video at home as currently only 3% of rooms are enabled and potential in the education space.
  • Long conversation with Dimon.
  • Notable comments with much of it on the importance of having good government and public policy and the negative impact on national economic growth from bad policy.  Also, carbon tax and dividend.
  • He seems to be generally comfortable with the state of the US economy (calls it "goldilocks"), particularly on the consumer side.  Expects capex to pick up this year on the corporate/industrial side.
  • Beyond government and public policy, concerns are negative interest rates, QE, cyber security.