 All right, good Monday morning everyone it is time to talk about the markets with Jim Kramer on the floor of the New York Stock Exchange and Jim Let's begin with our conic and action alerts plus holding and Elliot agreeing to end their proxy. Yes Now this is really important because Elliot got a bunch of seats And I think that they're now in command if that's the case And you're gonna see Larry Lawson come in most likely as CEO and Larry Lawson someone who caught Klaus Kleinfeldt said would be doing some short-term things that would boost the stock not long term Well, you know as shareholders for my tribal trust. We're concerned about overall. We've been in for a while We are happy if they do something that is going to bring the stock higher. That's why we own it Lawson worked at spirit and he did a great job Elliot I guess had the votes. I mean, I think that's what was happening We were urging people to vote with Elliot against management. We think that they are demonstrated a fieldy done to the Into a strategy that was without Klaus the management did not have Okay, the other big news of the morning Ford CEO Mark Fields has been replaced. Yeah Now this is he's barely been there three years Mark Fields tasked with autonomous car pouring pouring profits in there Would never promotional of really linked to the US largely Domestic has peaked. Did he take actions overseas the way that Mary Barra had? There you could argue no Mary Barra's much more aggressive in getting out of bad markets Ford was late to China that was not his fault. He inherited a kind of so-so business in Latin America. He chose not to pull out Mark Fields did every you know, he had a very good dividend And I feel like that he got the shaft. I mean, I think he was doing it as good a job as possible Autonomous vehicles cost of fortune It's not like GM has outperformed at Fiat has to But I think that what happened is is that Mark did not talk the stock up I I've had many many talks with Mark and I visited their autonomous plant out in Silicon Valley, and I've had many talks with him and he just said look, you know We're linked to US auto and US auto is not going to be good And there's not much we can do to break out of that cycle and I think that just wasn't good enough for Ford I think it's interesting they picked a guy from steel case Steel case obviously They did move a lot of manufacturing in Mexico from the US that's something Mark feels kind of committed to staying in the US with the president Now maybe with the new CEO they can move and they maybe that's what's going to happen. I would say this This was a firing because the stock wasn't up and there are a lot of CEOs whose stocks aren't up Is this the shot across the bow first one? I don't know but it's really a family company and the family I guess turned to mark and he just didn't get enough time. I think to really work some magic here All right We'll be watching that one and of course RBC is that with a note saying apples market cap could cross one trillion Yeah, I mean, you know, that's not that far from here And I think that what matters people should recognize this is a consumer product story And what's happened here is is that as people identify with the Warren Buffett thesis that this is a razor razor blade company the razor razor is the hard Phone the razor blade is the revenue stream that comes from service Which frankly wasn't even counted on initially is something that that apple had that I think could ultimately be very important Is something that I have urged them to spend more time talking about? I think that apple is still undervalued I think if it got to 180 200 we'd have to see what the earnings are because then I would not feel that it's just undervalued That's the first time I've said that I just don't want the stock to get so far ahead But it is valued at much less than Colgate than Proctor than Clorox And if you're going to value it versus consumer products, then it does seem cheaper and actionalers club members are following your bulletins on apple Yes, absolutely, and they'll be all over it for that and we'll be all over it for our conic Okay, and jp morgan upgrading qualcom. What did you make of that? Well, you know, this is something last week Tim Collins who's our own said that this is a breakout stock and I feel that the jp morgan Piece is a loud is a lot of that about how they're going to branch away from cell phones and nxp is the way to do that There is some very strong nxp is owned by actionalers There's some very strange action in the options market every day now There'll be options people will criticize this view, but I think that they should start understanding There's a lot of buying of the 110 calls. Okay now this deal closes at 110 So you have to start thinking that maybe someone's going to stir up trouble Because in order for that deal to go above 110 You have to believe that there's another suitor, which I don't think is possible But uh qualcom when they close that deal and I just would say if or when Is going to be a very transformed company. So let's stay up to that But nxpi we don't want to sell anymore for actionalert because we think something could happen here There's too much option activity in the 110s for me to think that it's done All right moving on credit suites raising the price target of john deere Yeah, no dear every very very strong quarter and the uh, they did crush the numbers and the cycle is strong Latin america is better Uh, united states better, uh, europe better construction forestry better one of the reasons why caterpillar went up off that The ag cycle is back. It's big. I like it All right, and then on mad dash on squawk in the street you talked about radius health Yeah, well, you know bob wards put together a pretty good company But there had been a feeling that this it's osteoporosis drug is not that important Um, I feel like that because it literally has one and is it that that is it vastly superior? Uh, I you know, it's not clear But I know that one of the fears was that that there would be a competitive product from from uh amgen And so therefore the market would be very crowded. This basically takes the amgen product off the market You know, it's not that big for amgen. It's obviously really big for radius is radius now take over target Yes, and that's why the stock's going hard. All right, and we'll end as we always do with earnings to watch toll brothers Yeah, you know toll brothers last quarter was very very good. It's interesting. My wife and I looked at Uh, I think called pure house, which is a very large project in brooklyn that they've done along the waterfront It's very very strong and in the time since we looked they've gone up tremendously in value And I think that people are not understanding that toll brothers. Uh, their urban initiatives are really very very strong Um, toll brothers beneficiary member rates are very very low But they're really a play on uh employment and employment growth is strong. I know a lot of people feel that they that the Uh, underclass is not making more money from employment and that's certainly true But the uh people who are doing well by toll brothers homes and toll brothers is a very very strong I think you can go higher We talked about the auto sector earlier, but what are you expecting from auto zones? Okay, you know, we're watching snap won't go down every day. It's very annoying Because snap one I think had a very good quarter and there's a Uh, there's a negative story about snap on its franchises that I think is really unfounded But uh, I've watched that go down and if autos don't report a good quarter Even though they're really not that similar because snap one is a business that is selling tools to garage mechanics Uh, then I think that the whole group can rally. Uh, auto zone has a big buyback This group has been very underperforming whether it be advanced auto parts whether be whether it be o'reilly Whether it be uh auto zone and if auto zone does a good thing You probably want to buy some snap one, which is an action alerts plus dot com Nate it is. All right jim cramber The purple tie We've got a great ensemble He thinks you have a great ensemble. Oh, you're you said that Oh, okay, sure. Let's let's go. Okay, fine. Thank you. Tommy on facebook. All right. And from there Everyone please head back to the street dot com for more information. Let me just say this is a tie Otherwise we'll get the brands here. Let's do it. This is a tie that is from a new outfit for me. Um Penrose and the shirt is a Rothman and this is a brioni. Uh, but what's really interesting is this a brand new tie This cmbc gave me. I've never worn it before. I looked at it this morning. I said, I don't know Does that work? I dressed in the dark and I guess it worked. Thank you, Tommy By the way, I just want to point out also, um, you know, Eddie Lampert had some critical things to say about the media and sears And so this morning what I did was I went on twitter and said listen tell us your positive sears stories Just I don't want to be that part of the media that's ganging up on sears But if you look at the sears and kmart, uh mentions and you can still go there today I'll have something later by the day on home depot and lows that you want to see I don't get a warm and fuzzy feeling about sears. So I I'm reluctant to blame the media This is I literally came in on my on my twitter and said, please tell us positive stories And i'm getting a lot of negative stories. So let's be aware that perhaps it's not the media that is playing such a Big role here in the uh daniel moff sears. Okay, we'll keep watching that as well. All right, jim kramer Thank you so much and for more of the stocks you mentioned, please head back to the street.com