Cramer's lightning round: Slow and steady wins the race

SVMK Inc.: Dynamite. Fabulous quarter. A lot of people didn't react to it correctly at the beginning. When they dug down, they liked what [CEO] [Zander Lurie] had to say, and I did, too. The stock came too cheap. It should never have been down where it was."

Axsome Therapeutics Inc.: "Yeah, they got some sort of great breakthrough designation on a new drug, but we're not gonna cuff it. No how, no way, we're gonna find out what that [is] about. We have a list of homework and we better get it—maybe the dog at it."

Sprint Corp.: "No, no, no. We're sellers [of] Sprint. If you wanna play that, you gotta play T-Mobile, which is the one I've been behind the whole way. [CEO] John Legere knows I've been behind it even when he's wavered, I've been there."

NIO Inc.: "I do not want you in this stock ultimately, but I can't" tell you to sell here. "That would be a mistake."

General Electric Co.: "It does feel like it's gonna" get to "$10. I feel, look, it's [CEO] Larry Culp. He's doing his thing. It's gonna take a little while. It's not an overnight fix. He's approaching it correctly. I wouldn't touch it."

JD.com Inc.: "Maybe it goes up. To me it's a dice roll and I don't invest that way. I like to have more than dice."

American Water Works Co. Inc.: "It's been fine. I've liked that forever. I mean, I never had a problem with that one. It's just a good stock, it's slow growth. Slow and steady wins the race."

WATCH: Cramer's lightning round show chapters Cramer's lightning round: Slow and steady wins the race    3 Hours Ago | 04:09

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Sorrento Therapeutics News: Why SRNE Stock Is On The Move

Recent Sorrento Therapeutics news has SRNE stock on a roller coaster ride today.

Source: Shutterstock

Sorrento Therapeutics (NASDAQ:SRNE) announced today that its majority owned subsidiary Scilex Pharmaceuticals is merging with Semnur Pharmaceuticals. This merger has the two companies coming together in an effort to create a leader in the non-opioid pain medicine market. The new company’s name is Scilex Holding Company

The Sorrento Therapeutics news means that the company’s stake in Scilex Pharmaceuticals is being converted into a new stake at the combined company. This has its 77% stake in Scilex Pharmaceuticals becoming a 58% stake in Scilex Holding Company.

“This transaction is highly synergistic,” Dr. Henry Ji, Chairman and CEO of Sorrento Therapeutics, said in a statement. “Scilex has built up a commercial organization with over 100 highly experienced sales representatives, fully staffed marketing, market access, and medical liaison teams while Semnur has a very exciting Phase 3 compound in non-opioid pain management.”

Scilex Pharmaceuticals’ ZTlido is already performing well in the early months of its commercial release. Semnur also has a compound that is in a Phase 3 trial and could also be a strong win for the newly-merged company.

The Sorrento Therapeutics news today has SRNE stock on a wild ride. It started off up up 8% on Friday morning and reached a peak increase of 24% during morning trading. However, the stock is now down 9% as of Friday afternoon.

As of this writing, William White did not hold a position in any of the aforementioned securities.

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HCL Technologies gains on launch of ADvantage Experience platform

HCL Technologies shares gained more than a percent intraday on March 26 after the launch of ADvantage Experience platform.

The stock was quoting at Rs 1,028.00, up Rs 11.80, or 1.16 percent on the BSE, at 11:45 hours IST.

The company "...announced the launch of the HCL ADvantage Experience. This platform works with Adobe Experience Cloud to enable companies to create, personalise, and measure the customer experience through various touchpoints in a customer's journey," the IT company said in its exchange filing.

The HCL ADvantage Experience provides marketers with digital stores and libraries for quick launches, as well as the ability to integrate data from disparate legacy marketing systems, it added.

HCL's ADvantage Experience platform is an omnichannel ecosystem that provides a conversational, data-driven, and contextual ability for marketers, adding the agility and speed required for implementing changes due to evolving trends. First Published on Mar 26, 2019 12:37 pm

This Internet Stock Is Tearing Up a $300 Billion Market

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Michael A. Robinson

This month marks the 30th anniversary of one of the more important tech platforms ever invented.

It's become so vital to the world that standard buzz words like "cutting-edge, "next-gen" or "game changer" just don't do it justice.

I believe calling it revolutionary comes closest.

After all, we're talking about technology that literally has impacted almost every facet of our daily lives. This is where billions of us go to get news and information, do our shopping, watch movies, play games, and even find love.

Of course, I'm talking about the World Wide Web, now just called the web for short.

Here's the thing. The web has been so pivotal for modern society that it boasts one of the fastest adoption rates in human history.

We're talking 1.8 billion websites and nearly that many people as online users.

And today, I'm going to reveal a great hidden play on the unstoppable force that the web represents.

It's an internet stock with huge upside ahead…

Check it out…

The Big Picture

Let me be clear on one thing. The inventor of the web, Tim Berners-Lee, has recently been critical of the system he is credited with creating in late March of 1989.

Don't get me wrong. I agree with Berners-Lee that the web has problems. We have lots of cyber thieves out there, and hate speech can be quickly spread.

But that critique misses the big picture. The internet spread faster around the world than the adoption of electricity in the 1900s precisely because it does so much good for so many people.

Consider that half the world's population of 7 billion people today is already online. That figure includes folks connected by desktop, laptop and mobile device access.

5G Could Mint a New Wave of Millionaires: The greatest tech shift in generations could be about to create untold wealth for investors. To find out how you could capture a life-changing SIX-figure windfall, go here now.

The full economic impact likely measures well into the trillions. Here's a data point to prove that: just the e-commerce portions of web usage will be worth $735.4 billion by 2023, according to data compiled by Statista.

And that's creating unprecedented investing opportunities.

Everyone Needs a Website

Now, when most investors think of internet stocks today, it's usually the FANGs – Facebook Inc. (Nasdaq:FB), Amazon.com Inc. (Nasdaq:AMZN), Netflix Inc. (Nasdaq:NFLX) and Google, a unit of Alphabet Inc. (Nasdaq:GOOGL).

Yes, those firms have combined market caps of nearly $2.3 trillion. But that barely scratches the surface of what's happening with web technology today.

Fact is, nearly every business or organization in the advanced world now has or is going to launch a website. We're talking nearly every company, government agency, political group, college and university, not to mention millions of self-employed professionals.

There's just one problem here. Designing and launching a website sophisticated enough to meet today's exacting standards is not for the faint of heart.

I speak from deep experience. In the early 2000s, my wife and I launched a website designed to combat online music piracy.

We had two important takeaways:

It was a very effective political tool that garnered quite a bit of press for our cause. Stopnapster.com was ugly and rudimentary – but still consumed countless hours of our time.

Magnify that by 1,000 fold, and you get a sense of the complexity of modern web design.

There can be thousands of lines of code that can cause problems. Plus, you have the potential for dozens of broken links that will drive clients away so frustrated they never come back.

And let's not forget the simple fact that most folks just don't have the time or the artistic ability to make their websites not just functional, but pleasing to the eye as well.

That's why a firm that develops and maintains websites for their clients could be so lucrative in today's environment.

Join the conversation. Click here to jump to comments…

Michael A. Robinson

About the Author

Browse Michael's articles | View Michael's research services

Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.

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