ahead. let's go right to nicole petallides at the new york stock exchange and let's start with ford. [closing bell ringing] gm has gone negative and ford is up almost 5%. >> ford had the bets margin in eight years lead by the f-series. liz: toyota is also higher, we should mention. let's look, here we have the bells ringing on wall street on another rally day. david: another rally day and a record for the s&p. the dow jones is actually not very far from a record. the record high intraday for the dow jones actually end of day was 16,576. as you can see we're only a couple dozen points away from that. so extraordinarily good day for the markets in general. as you said, liz, this is the second day in a row. liz: yes, indeed and the 7th record for the year so far for the s&p 500. as we join the markets finishing up today we break down today's biggest moves. we have john towey, usaa investments vice president of equity investments who will tell

investors his main concerns about the market right now. joe johns son is has the best ways to hedge against volatility in the market. larry shover joining us in the pits of the cme. we begin with you, larry. another strong day for dow, nasdaq, s&p and russell. >> you're exactly right. after bungling for weeks between 1840 and 1880, we finally punch our way through the upper end. right now, 1885. it is stunning. you know what? sentiment is surprisingly higher even from last week as we suffered through the whole momentum dislocation. traders are pointing to pmis no worse than feared. auto numbers came out that were pretty darn good. also the hagueover from yesterday's effect with janet yellen in chicago. david: so, john, does all this booed news make you excited or a little nervous? >> i would say we're excited but at the same time we're nervous. because we think, what, to keep

this bull market going we think it will be all about revenues, revenues, revenues. and earnings, earnings, earnings. we've seen multiples, race ahead. what we need to see is earnings and revenue catch up. and, to use analogy from the auto industry, you know, there is increased use of turbo chargers and superchargers to power vehicles today. and what we need is something to turbo charge an ideally supercharge revenues. liz: supercharge revenues. listen as we wait on earnings numbers, joel i bring it to you. you're concerned about perhaps putting a cone of safety around portfolios to avoid volatility. we do have the vix at pretty significant lows though, not showing a lot of stress. what type of volatility are you talking about? >> well, i'm really talking about what we've seen here in the first quarter of this year. we saw two significant scares if you will in the market. you know, keep in mind, liz, most of our investors are retired people. so they're a little adverse to

volatility. maybe a little more so than a lot of folks that trade the market every day. but you know, we like blue chip stocks right now. i'm concerned that after four great years in the market that we might not have a terrific year this year. we're just buying blue-chips and high-yield bond and just trying to really focus on as jon said, earnings. we want to see earnings and good revenue growth. we want to see solid fundamentals. this is very tradeable market last year in hot sectors and i don't know that it will be as easy to make money this year. david: larry, people are already making money this year. this is not the first time this year we've had a record close of the s&p. 7th record close in the s&p this year. it is the 50th record close in the past 12 months. so people, people are making money here. people are going ahead. the big question though, i think, john pointed this out, what happens with revenue? we're coming into another earnings season. we know how devastating this winter was. if we don't see revenue from

these earnings that will be coming in, could we see a downturn in the market? >> yeah. i mean absolutely we could. but on the other hand, i think there has been so many preannouncements, so many warnings, so many of us lived through this bad winter, it could end up being a positive catalyst to the market. i think our expectations are so low and the bar has been dropped to the point that we're just going to chalk it up to a bad winter. also we have to remember, that the fourth quarter of 2013 was very, very hot. so right now we're just cooling a little bit. it could cause us to churn a little bit, make a lot of people nervous but at the end of the day could indup being a positive catalyst. we'll see starting april the 8th. liz: again another catalyst would simply be a day above 70 degrees. we get back to you, john, the minute the sunshine comes out people will be running to outdoor cafes and perhaps going back to retail stores to perhaps spend some money. why do you like names that are

in areas that don't capitalize on that? gilead science, eaton, this is a company one of your favorites too. nxp semiconductors. you also like cvs. talk about the common thread that goes through all of these picks? >> i think, liz, the common thread is two things. it is sustainable revenue growth. combined with strong free cash flow used in a shareholder friendly fashion. buying back shares, most importantly, increasing dividend. david: joel, you like high-yield bond right now. some people call those junk bonds. why do you like them. >> i like them as a buffer in portfolio. as i said earlier i don't know we'll see a huge year in the market. if i can buy a etf like hyg, which gives about a 6% yield and use that in combination with good, solid blue chip stocks in a portfolio i feel very good about my prospects this year. david: let me interrupt for a second. the last ticker that you see there, that is the high yield corporate bonds. again, these are sometimes

called junk bonds. they're a little risky. you're not saying put all your money there but a part of it, yes? >> absolutely, david. aye saying use that as a buffer. maybe you have that as buffer in your portfolio but maybe half or 60% of your portfolio you have solid blue chip stocks. i like them because of the biotech sector. the big rollover and big downturn recently. some of the hot growth stocks are betting hit. we're just a very defensive investment firm. if i buy blue-chips, high-yield bond and connect a nice dividend on the blue-chips. i'm pretty happy until we see the market settle out a little bit. i feel like the market is a little volatile. liz: 6% dividend yield is pretty decent there. larry, get back to you in the pits. one of the things that jumped out to me past few days, are how well transports performed. this is everything from airlines to choo-choos to fedex and ups. what is the message being sent there. >> well i think this is catching up. we've seen the airlines do very

well last year just with consolidation in the industry. that is continuing. we're also seeing growth in industries where people use ups, fedex. where they fly on airplanes, et cetera. it's a good thing for the economy. we are growing and that is the message that should be brought out to investors, that when transportations do well, that is typically because people are using transportation. that's a good thing for the economy. that means we are growing. david: john, as we continue to watch the gm hearings, do you think there will be any blowout besides what subpoenaing that gm? what is interesting how gm stock actually held pretty well. it didn't tank at all today. >> well, gm looks very, very attractive in terms of its product cycle. where it is in rolling out products. so, it would have a tailwind right now. it is going to have to go back through like ford's doing right now and reinvigorate its

products. so we like ford a lot better because ford doesn't have the overhang of what's going on in front of congress today in the recall. and it is refreshing its product cycle and ford f-150, that vehicle with much more aluminum and much more efficient truck is successful that will be a huge boon to ford later this fall. david: you're not only one who looks ford. it is up over 4 1/2% today. a big day for ford. thanks, gentlemen. liz: thanks to john, joel and larry shover. thank you so much. it's a battle of the brothers, twin strategists putting on their boxing gloves to duke it out on the future of the market, economy and where you should put your money. it is a fireworks filled debate you can't afford to miss. david: we're continuing to monitor the testimony of gm ceo mary barra on capitol hill with more than six million cars recalled since february. some of the burden is going to fall on the dealerships or some

will fall on you as well. have they started to feel the pain though, those dealerships? we'll talk to one gm dealer who says, no, his sales are actually up. liz: join the conversation. are you less likely or, you fine with it, to buy a gm car now? will you switch brand if you own a gm vehicle. or keep loyal? tweet us, @fbnatb. your answers later this hour. ♪ ♪ ♪

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or irritation where applied, increased red blood cell count, common side effects include skin redness headache, diarrhea, vomiting, and increase in psa. ask your doctor about axiron. david: we mentioned this earlier, airline stocks getting a big boost with united continental leading the way. liz: nicole petallides on floor of new york stock exchange. nicole? >> david and liz, this group was impressive today, up 3% for some names. focus on united continental. they surpassed the rest, up 5%. on ubs upgrade. calling the stock a buy. a price target of 50 bucks. closed at 46.90. they see upside potential. they see accelerated sales growth for united continental as well as industry overall. that gave a boost to jetblue, american airlines and delta which were up 3%. i say that roughly but give or take, right?

the group is looking pretty good here. it is worth noting liz and david, the transportation index hit a new high. that is the truckers, shippers and airlines and the index this year is the best of the bunch surpassing s&p, nasdaq and dow for year-to-date numbers. david: who would have thunk airlines would do so well. thanks, nicole. >> thanks. liz: we asked if the recalls would deter you from buying a general motors car and boy did you respond. they are flowing in very dramatically. our twitter page filled with heated comments on gm. jackie on twitter telling us i've been deterred bailout. brian tweeted, i was plenty deterred already. do you have a thought? join the conversation. tweet us your response at fatbfbn. i heard from another viewer that sticking with high-end buick. david: we heard from both sides. some sticking with it. others not.

liz: ceo mary barra facing tough questions right now on capitol hill the way the auto maker is handling recalls related to the deaths of at least 13 people. david: jeff flock has been following what is happening in detroit. jeff joins us with more. jeff? >> i'll tell you, 4% today. there is the headline on sales for march. this information came out late today. gm said they had a computer glitch, irony of ironies. sales up 4%, a lot more than people thought it would be. it has not hurt their -- sales thus far. a lot of people are shocked that the parts don't meet gm specifications routinely go into gm vehicles. that routinely happens people are shocked that ceos don't know what happens with regard to recall and gets to the top of the heap and perhaps they were not conclude on this. i had one dealer say, i wonder if the culture now at gm sort of exposed today, is going to make

people say, gee, maybe those guys should have gone bankrupt and a way to kill the gm culture that appears to be at fault here? a lot of reaction out there. i tell you, we'll continue to get it think as people, you know, react to mary barra today on capitol hill. i don't think it's a win for them today. liz: thank you, jeff, very much. jeff flock. david: so how is all of this impacting sales at dealers? joining us is woody woodring, buick gmc owner. how do you get over this? >> well, we keep our heads up and every day we win our owners in the showroom and our service department. general motors had the best quality they have had in years. i'm a good example. we're in community of 150,000 people and we're growing business month in month out and conquesting other brand and giving quality service. we have to earn it in the service department and showroom. people are switching to

general motors cars at least in the community i'm in. and our sales are pretty much robust. we have good concentration making sure -- david: wooddy, going back to the sales that you've had. i want to look forward. i want to comment of gm driver. he is continuing to drive the cobalt even since the recall ordered. he is a college student. he will think twice about buying another car from gm. i don't really know how i could trust them. there is now, woody, a problem with trust. >> he will have to come in the dealership and chevy store an recalled, maybe while he is doing that he will have opportunity to look around the at new general motors. if he gets a good product presentation and test drives the automobile that might change his mind because, and again, that cobalt that he is driving and these other cars, they're still

very popular in the used car market. once they're repaired there is value there and they will extend people more incentive if they want to continue with gm. david: how are you doing it? how many recall recalled cars are have you sold and what are you doing with the recalls when they come our people are well-schooled and if there is high rate and they are concerned we know what to tell them, calm them down. we put them in an automobile to drive. to be honest with you i live in the showroom. i haven't had anybody in the showroom floor, showing any major concerns. so,. i think it is all on individual dealer level. when you get people in the store you have to earn their business. i haven't seen any people running away from woody buick gmc to run off to other brands because of this recall.

david: correct me if i'm wrong, but i understand the notes that we received from you, you sold more than 1000 recalled cars and only five people came back to you for alternative transportation, is that right? >> right now, we have five people that have requested that they be in another car. 1,000 number could be a little shier of that, could be more. we don't have the exact cereal numbers yet. -- serial numbers. we know we have parts coming in. the real story when the parts come in and people come in to get the recall done and that is when we're on top of our game to make sure people are over the top and completely satisfied. i think most gm dealers or all gm deal remembers schooled to handle that. david: addition you know how the media are. they very often focus on the bad stuff. do you think they will focus on the five who come in for alternate vehicles, rather than the 999 that are fine? liz: hold on a second, david. the president is coming out to the rose garden to make a statement on the affordable care

act. let's take it now to the president. >> welcome to the white house. six months ago today, a big part of the affordable care act kicked in as healthcare.gov and state insurance marketplaces went live. and millions of americans finally had the same chance to buy quality, affordable health care, and the peace of mind that comes with it as everybody else. last night the first open enrollment period under this law came to an end. and despite several lost weeks out of the gate debecause of problems with the website, 7.1 million americans have now signed up for private insurance plans through these marketplaces. [applause] 7.1.

yeah. [cheers and applause] the truth is even more folks want to sign up. anybody who was stuck in line because of urge surge of demand in the past few days can still go back and finish your enrollment. 7.1 million. that is on top of the more than three million young adults who gained insurance under this law by staying on their family's plan. that is on top, of the millions more who have gained access through medicaid expansion and children's health insurance program. making affordable coverage available to all americans, including those with preexisting conditions is now an important goal of this law.

and in these first six months we've taken a big step forward. and just as importantly, this law is bringing greater security to americans who already have coverage. because of the affordable care act, 100 million americans have gained free preventative care and mammograms and contraception care under their existing plans. [applause] because of this law, nearly 8 million seniors have saved almost $10 billion on their medicine because we have closed a gaping hole in medicare's prescription drug plan. we're closing the doughnut hole. [applause] and because of this law, a whole lot of families won't be driven into bankruptcy by a serious

illness because the affordable care act prevents your insurer from placing dollar limits on the coverage they provide. these are all benefits taking place for a whole lot of families out there, many who don't realize that they have received these benefits. but the bottom line is this. under this law, the share of americans with insurance is up. and the growth of health care costs is down. and that's good for our middle class and that is good for our fiscal future. [applause] that doesn't mean all the problems in health care have been solved forever. premiums are still rising for families who have insurance. whether you get it through your employer or buy it on your own. that has been true every year for decades.

but so far those premiums have risen more slowly since the affordable care act passed than at anytime in the past 50 years. also true despite this law millions of americans remain uncovered in part because governors in some states for political reasons have deliberately refused to expand coverage under this law. we'll work on that. and we'll work to get more americans covered with each passing year. while it remains true you still have to change coverage if you graduate from college or turn 26 years old or move or switch jobs or have a child, just like you did before the affordable care act was passed, you can now go to governor governor and use it -- healthcare.gov use it

year-round to enroll when circumstances in your life change. so no, the affordable care act hasn't completely fixed our long-broken health care system but this law has made our health care system a lot better. a lot better. [applause] all told because of this law millions of our fellow citizens know the economic security of health insurance, who didn't just a few years ago. and that's something to be proud of. regardless of your politics or your feelings about me or your feelings about this law, that's something that's good for our economy. rand that's good for our country and there is no good reason to go back. let me give you a sense of what this change has meant for a millions of our fellow americans. let me give you a few examples. sean casey from solano beach,

california, always made sure to cover his family on the private market but preexisting medical conditions meant his annual tab was over $30,000. the affordable care act changed that. see, if you have preexisting condition like cancer survivor or have chronic pain from a tough job or charged more for being a woman you can no longer be charged more than anybody else. so this year the casey's family premiums will fall from over $30,000, to under $9,000. [applause] and i know this because sean took the time to write me a letter. these savings, he says, will almost offset the cost of our daughter's first year in college. i'm a big believer in this legislation. and it is removed a lot of complexity and frankly fear from

my life. please keep fighting for the aca. that is what sean had to say. jeannie gough is a bar tender from pennsylvania. i think most folks know aware being a bartender, that is a job that usually doesn't offer health care. for years jeanie went uninsured or underinsured, often getting some health care through her local planned parenthood. in november she bought a plan on the marketplace. in january, an illness sent her to a, to the hospital and because her new plan covered a cat scan, she wouldn't have otherwise been able to afford, her doctor discovered that she also had ovarian cancer. and gave her a chance to beat it so she wrote me a letter too. she said, it is going to be a long, tough, road to kill this cancer. but i can walk that road knowing

insurance isn't an issue. i won't be refused care. i hope to send a follow-up letter in a few months saying, i am free and clear of this disease but until then, i know i will be fighting just as you have been fighting for my life as a working american citizen. and after her first wellness visit under her new insurance plan, marla marine, from fort collins, colorado, shared with me what it meant for her. after using my new insurance for the first time you probably heard my sigh of relief from the white house. i felt like a human being again. i felt that i had value. that is what the affordable care act -- david: the president is going on with his vice president right behind him, the audience, by the way, usually in the rose guarden you have the press corps. that was not the press corps

cheering. while some of the press may be happy about the 7.1 million number of enrollees into obamacare, the people in the audience at this moment were staff members and invited members of the hill. some of the folks who are trying to get people to sign up to obamacare. so the president taking a victory lap saying that they met their goal of over seven million people by the march 31st deadline. getting back to our story about gm, we asked you on twitter and facebook, if you believe the gm recalls will make you less likely to buy a gm car? the responses keep on coming. carl on twitter told us, nope. they're still way better than ford. jack said, ford only. to tell us what you think, tweet us @fbnatb. send us a comment at facebook.com/afterthebell. we still have a lot more time to come. liz: indeed. foot traffic, major retailers have seen a dramatic fall over the past five years as more and more consumers basically go to

shop on-line. david: as the trend continues what happens to investors and owners of the nation's commercial real estate properties? are cracks starting to form in that sector. cheryl casone joins us. >> 15% of malls across the country are predicted to close in 2014. what happens to all that real estate? believe it or not what used to be a best buy is becoming a school, now becoming a hospital. that is one big trend we're seeing in commercial real estate. the second is the millennial generation, these kids came out of college five years ago, they want to work communally and smaller spaces. what is happening you're seeing a lot of bigger, older buildings, silicon valley, downtown manhattan, those are becoming residential buildings. that is fascinating. you know this market very well, i'm sure. david: i'm wondering if this is trend that will continue or we've begun to see any kind of a slowdown. we're looking at past trends. what is happening in future? >> this millennial generation is

changing landscape what office space means. we talked with a co-star chief economist. that is the largest analytical firm in the nation when it comes to commercial real estate. here is what he told us about this generation. listen to this. >> they came from college where they worked in collaborative work environment and they're very adroit with technology. to them, plopping down notebook computer at a very long table with 20 other people is perfectly natural and better for productivity. a small office to them is not a problem. it is even better to be in a close collaborative environment. >> so again, these old office buildings are becoming residential. we're seeing them become condos and apartment buildings. those old buildings, nobody wants to move into a new office space because it can't handle all the hardware. you can't put all wires you need for all the data. it is really fascinating what is happening, the shift. liz: are there winners and losers as far as stocks is concerned. >> this is good news for a lot of technology companies. it is cheaper if this young

generation wants to work in smaller office space, that is better for googles opening up in silicon valley and yahoo! for builders, not so much. they would like to see new office parks built across the country. those mall properties if you are perhaps owning shares after reit that owns some malls across the country you might have some pressure on your portfolio this year. david: cheryl casone, good to see you. thank you very much. hospitals and doctors are conduct out insurers in order to reduce costs and it could have a big impact how you pay your medical bills. we have details coming up. liz: plus a family feud you can't afford to miss. twin brothers duking it out over the market's next room. they're standing by in our green room. one says this is the time to buy, the other warning of a major pullback. a bull versus bear fext. ♪

liz: so the market has performed beautifully over the past couple years now but there is always something lurking around the corner. time for our battle royale, twin versus twin, bull versus bear. faceoff as the markets hit the 2 1/2 year mark since its last major correction. is a 10% correction just around the corner? or will stocks continue their incredible run? joining us now in the bull corner, jonathan murray. in the bear corner, what a

surprise with the punching an all dramatic. we have you, david, great to have you both. >> mature one and not so mature one. liz: knee-jerk and then the comments i get it. i get it. >> dave is little short the world. liz: i need right, how about that? i need correct. i can tell you've been collect over past year, jonathan. >> thank you. liz: you said go in stocks. a year ago you were saying same thing however -- >> not much has changed, liz. valuations are still reasonable. we're still 16 types earnings. yes, stocks have gone up, i will give dave that, but so too have earnings. we're looking s&p 500 having record earnings here. they will be up another 8% this year. companies are doing more and more with their record amounts of cash. and i think that spells bullishness. liz: dave, why are you bearish? i really, i'm leaning in certain cases toward your side lately. i wasn't the past couple years. i really feel like at some point -- >> now i'm going to be right.

liz: we'll see some type of correction. >> we wait long enough. liz: what will get to us a 10% correction? things look pretty decent. >> that is the key question. what is obvious might not be the timing but that is going to happen sooner rather than later. it is regression of the mean. we've averaged 23% per year on the s&p in the last five years. to put that in perspective. , 100,000-dollars investment, guess how much it is worth today if you put it in the market five years ago? liz: how much? >> 280,000. >> from the bottom. liz: you were advising us to go a different route. >> i'm long-term bullish. long term, if you have five, 10, 15, 20 years the way most of our clients do, the vast majority of our portfolios should be invested. don't be greedy right now. take chips off the table. >> what is wrong with that, dave said a same thing about a year ago. many, many investors are not investing today because they're worried about this precipitous drop which may or may not happen

and it is impossible -- >> i didn't say time the market. put 20% of your portfolio. look at gains in '09 and just take the gains. >> where is, nothing after taxes of the how about your tax bills this year, hello? inflation you're looking losing money by sitting in cash. liz: let me get both ideas because there are many mountains to god as we like to say. many different ways to invest. viewers are dying to know these things. jonathan, i will start with you. >> april fool's. >> actually, i'm jonathan. liz: i know you guys 14 years. impossible to tell you apart. first time in 14 years. >> i love it. >> made her blush. liz: what are your picks in i'm embarrassed now. >> fund with maximum flexibility like world growth and income fund that gives managers latitude to globally to --

liz: how, what is the average dividend there? >> i think three, 3 1/2% range right now. >> it has a three handle on it. it isn't bad. certainly beats cash. liz: hyg. >> that is high yield. you have to be worried about that. liz: even you, jonathan as a bull are against that. >> certain sectors. i like dividend payers. no question about it. rather than owning a bond with a 10-year at 2.5, probably going up i would have a blue chip company paying 2% yield but a growing yield. liz: what your picks? >> vanguard dividend appreciation. a fabulous, well-diversified etf. low expenses, .14%. in a fund with 400 some dividend paying companies that have consistently over the past 10 consecutive years raised their dividend. that is the key. not only a good dividend but a rising dividend. liz: you guys have both been in the business a long time. >> a long time. >> we're old. liz: your best investment choice ever from your career?

>> wow. liz: what is real winner. berkshire hathaway for me. berkshire hathaway because i got in the business in 1990. i was able to get the a share. liz: you bought it at what? >> it was 5,000 bucks then which at time was really, really expensive. liz: stop. >> any american fund growth fund. look back at 20 or 30-year number, you're up six, seven, eight times your money. >> that is a good point, liz, despite volatility day-to-day and high frequency stuff we're talking about, most investors would be better off not being traders. forget about trading and trying to compete with black pools and algos. >> don't be greedy. take 10% or 20% of your gains, hold them in cash. you will have the before opportunity to buy the great stocks. >> take your cash and move it into -- liz: your parents are watching and don't like when the boys fight. david, jonathan. great have you. getting worse as they grow older. go to commercial. always good to see you. >> great seeing you, liz.

liz: great seeing you too. thanks very much, the murray brothers. david: i noticed david is taller right? he is my friend for life. transforming the energy industry, it will also require tens of billions of new infrastructure spending every year in moment. we'll find out how investors can ride the natural gas boom as well. you won't believe how netflix marked april fool's day. here's a hint. it involved a rotisserie chicken. stick around and find out more. how this netflix prank stacked up against other corporate jokes. that is coming in just a moment. ♪ (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online

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hey. thanks for coming over. hey. [ male annouer ] how did it come to be? yours? ah. not anymore. it's a very short story. come on in. [ male announcer ] by meeting you more than halfway. it's how edward jones makesense of investing. david: extraordinary boom in u.s. energy production is fueling demand for more pipelines, more pumps. according to one study companies will need to invest in $641 billion on oil and gas storage processing and transportation. that is over a 20-year period. liz: okay. so you know where this is going. what is the best way for you to profit off the upcoming surge in infrastructure spending? joining us now is aaron levitt. investor place dot-com contribute -- contributor who has been looking at this. we see a big build-up in all the drilling and the fracking. so there has to be opportunity

out there, right? but is there a better way a better path to follow? >> hi, guys. yeah, so, right now a lot of people have been looking at the master limited partnerships, those actual companies that own these pipelines but in order to really take advantage of the spending you're going to have to invest in the guys that are doing the heavy lifting, the physical contractors and construction companies that are building the lines. david: who specifically? where do we go? i know chicago bridge and iron company is one of them. what are your other bets? >> chicago bridge and iron is kind of a blue chip and warren buffett's favorite company but the other two, one is former halliburton spin-off, kbr, who is still getting massive contracts and loading up big deals. they just scored a big deal with shell recently for an lng plant. another one, smaller firm, mastec, who used to be, their main job was to build telecom and wireline products and now

they have made smart buys and switched over to really building out pipelines and their oil and gas revenues have surged. liz: there is kbr, which is the old kellogg, brown & root spun off from halliburton. why is this company a real opportunity in the area we're talking about right now. >> basically they're kind of a value. they, their last earnings report was pretty terrible. the stock actually dropped about 14% on the news. so right now they're selling at cheaper multiple than chicago bridge and iron. you're also getting higher dividend but meanwhile still logging major contracts. their backlog is over 14 billion and they're still, you know, you get kind of the halliburton spin-off, you know, halliburton's locking up all the contracts for fracking. kind of makes sense it will spin some of that business kbr's way. david: aaron, then you have the not so obvious bets. water, plays such a key role in the fracking process. tough bring in millions of

gallons of water in some of these projects. then you have to take some of it out because a lot of it is polluted afterwards. how about that play? is there any play specifically with regard to the sand, water other things needed in fracking? >> in terms of water you actually have aqua america which is kind of a boring water utility but what they have been doing, they actually built a pipeline that goes straight from their aquifers from pennsylvania straight in the heart of the marcellus shale. they have been able to partner with people like penn virginia and other smaller frackers to send out the water, much-needed water to pump out these wells in the marcellus. liz: aaron, i know it is not one of your picks but do you look at man camp opportunities where infrastructure needs to being quickly built up for housing an for eating and that kind of sort of living opportunity? >> sure. another, if you wanted to go that route, oil states, ticker ois. they basically build on-demand

housing. like these giant storage crate that is workers live in at the camps. they're in the process of spinning those operations from their regular oil service stuff into a reit. you have the did i denned potential there. they're working on that but that is probably the best way if you were going to play the actual. liz: give us that name. >> oil states. it is ois is the ticker. david: terrific stuff, aaron levitt, investorplace.com. appreciate you coming on. >> thanks, guys. liz: hospitals are taking matters into their own hands when it comes to health care reform. a dramatic shift could mean lower medical bills for you. the story is next. david: also edible pizza boxes, a movie dedicated to a roasting chicken and a posting for pokemon master. corporate giants getting creative for april fool's day. more examples coming right up. ♪ hidden fees on savings accounts.

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not gm's financial state you believe played into the decision not to order recalls when you knew that there was an issue. do you believe from what you know now that the financial state of gm back then was a contributing factor? >> look, we've hired anton to do a complete investigation. we'll learn from that. we are definitely moving to a culture that is focused on the

consumer that is focused on the customer. focused on high quality and safety and that is my direction and that's what we're doing today. >> don't families and consumers deserve more specific answers from you today? there were many questions you could not respond to. don't they need more now from you? >> as soon as i have the information that is why we launched an internal investigation. remember, we are looking at something that happened more than a decade. it is very complex situation. we need to make sure that we have the facts and we won't sacrifice accuracy for speed. when we have that information we will share with the regulators, with the legislators, with the customers. we will do that. >> more to date? >> i could not. >> miss barra -- [inaudible] you were head of quality back in 2011. before that -- [inaudible] how could you not be aware of this? are there other defects you're not aware? >> first of all, you didn't have my career byline quite correct.

i became aware of issue that was being examined. i didn't know of the specific issue in december of '13, late december of '13. became aware of this specific incident on january 31st after the recall team made this decision. >> on that point -- >> hold on. go ahead, mary. >> [inaudible] >> we can provide that off-line so you get the right timeline of my -- when decisions are made there is technical team that goes through and makes the analysis of the situation. and, it is in the past has specifically not been covered with senior leaders. it was done at a technical level. so there was no influence. that however, when the company has more of a cost culture what i would say is quality and customer focused culture around safety. going forward when we look at any incidents they will be reviewed with mark royce, our product chief, a executive vice president of global product development, purchasing and supply chain. they will also be reviewed with me when i meet with jeff boyar on a monthly basis.

that is change we already had. >> customer safety not a priority before. >> again, i know what i'm focused on today. i can't speak -- >> rebecca. >> you been with the company over 30 years at gm yet he claim that never once did this ever cross your desk in the last decade. what do you say to the families? how do you explain that to them? >> again, there is a specific group that goes through and looks at when there's a incident, a team that then brings it to a cross functional group in product development and goes to a technical team that make that decision. i was never a part of that process on this issue. >> does it anger you a month into your job you're having to clean up this mess. >> it angers me that we had a situation that took over a decade to correct. and i am working day and night to make sure that we correct this issue. we learned from it and it never happens again. i will workday and night to make that happen. >> one more, then we're going. >> following up on that team

investigation, let me follow up. jim freder rico who worked closely with you, headed this investigation more than a year, he was in charge of that. howhow did you not know about it then? if he didn't, what does that say about communication? >> again the way the process was worked kept the technical team working on that and those issues weren't covered. we changed that now. i'm telling you truth. >> he never talked to you about that. >> no, he did not. >> the you said the old culture general motors is i don't know, that changed. today you gave me a bunch of i don't knows, didn't read the documents. what does that say about your ability and team's ability to lead the company in the future. >> we're doing a complete investigation with tony delucas. a document production was done over very short period of time. we want a independent person, that is what tony brings to the company and he will bring a complete investigation. that is what i am looking for across the organization. >> [inaudible] >> yes, they should.

>> can you, going forward, what kind of latitude are you going to give ken feinberg? >> ken feinberg as you know is an expert in this area. he has tremendous experience and, we are going to have our first meeting with him on friday. and you know, we are going to examine a wide range of opportunities and leverage his expertise. >> okay. we'll give you investigation report when it is finished? >> i will share and be transparent with those items that are appropriate to share. there may be, everything that is appropriate to share, everything that is related to consumer safety, everything that is related to the customer. >> written format? will there -- >> that has not been determined. >> thanks, mary. liz: ceo mary barra facing the press after facing a congressional committee which seemed to be a pretty tough congressional committee. they came very prepared. she according to some people who watched this, less prepared, admitting she hadn't read many of the documents. however facing the press she came out repeating the line over

and over again, what i'm focused on getting answers. as soon as i have them you will have them. david: of course the story is far from over. the question of the victim's fund. of course taxpayers paid $10 billion for that deal. that is the amount of money that we got stuck with as a result of the bailout. $10 billion. that is not even counting, liz the tax exemptions. gm had a huge number of tax exemptions as part of bailout deal. it is not over for mary barra. some of her answers were not acceptable to some representatives for joe barton of texas, called some of her answers gobbledygook, with all due respect that is not a clear answer. he had been an engineer at one point. david: we'll see what happens with the senate hearings. we'll have to covered stem to

stern as well. a lot more to come. our own gerri willis will pick up where we left off. thanks for watching. liz: thank you. gerri: hello, everybody, i'm gerri willis. right now on "the willis report," gm executives before congress struggle to answer questions over its recall scandal as victims families appeal for change. >> it is my sincere hope there will be changes made to the law in order to prevent other families from experiencing our tragedy. gerri: also, secretary of the department of veterans affairs, have the a, accused of hiding hospital records of dead veterans. a "willis report" cash challenge. >> this cash challenge for costco is going to be interesting. gerri: can you dump your credit cards and live on cash only? we're watching out for you on "the willis report."