Mad Money: Key points from August 12, 2020 (Wednesday) episode

Summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, August 12, 2020. Links to CNBC sites which contain video clips and transcripts are also listed.

Jim Cramer calls on 10 companies, including Amazon and Alphabet, to issue stock splits (https://www.cnbc.com/2020/08/12/jim-cramer-calls-on-10-companies-including-amazon-and-alphabet-to-issue-stock-splits.html)

• “If you want the market to keep climbing, these ten companies — and many more — need to start taking their cue from … Tim Cook and Elon Musk,” CNBC’s Jim Cramer said.
• “Remember, the size of the price tag matters with this [young investing] crowd” and “you want this no-commission paying crowd in your stock,” the “Mad Money” host said.
• “This new cohort of investors, the ones who love low-dollar amount stocks, will start buying and holding these best-of-breed names rather than the darned penny stocks,” he said.

Tickers: AMZN, GOOGL, CMG, NFLX, NVDA, ADBE, COST, HD, FB, MSFT

Executive Interview: Cisco Systems CEO talks company forecasts, growth in Webex (https://www.cnbc.com/video/2020/08/12/cisco-systems-ceo-talks-company-forecasts-growth-in-webex.html)

Cisco Systems CEO Chuck Robbins explained what he sees ahead in the future as the networks hardware company battles through the coronavirus pandemic.

Ticker: CSCO

Off-the-Charts: Jim Cramer: Charts show S&P 500 rising to 3,600 if it clears a key hurdle (https://www.cnbc.com/2020/08/12/cramer-charts-show-sp-500-rising-to-3600-if-it-clears-a-key-hurdle.html)

• “If we keep getting good news, Garner thinks the S&P [500] could benefit from another short squeeze that would take us to new highs at around 3,400, which is up less than 1% from here,” said CNBC’s Jim Cramer, citing commodities expert Carley Garner.
• “We’re practically close enough to taste it. If we get to 3,400, then longer-term she believes 3,600 is in the cards,” the “Mad Money” host said.
• “Even if there’s a pullback [in the S&P], Garner doesn’t think the bears can win right now, if only because there are just too darned many of them,” he said.

Executive Interview: Emergent BioSolutions CEO on Johnson & Johnson, AstraZeneca vaccine partnerships (https://www.cnbc.com/video/2020/08/10/jim-cramer-everybody-hates-the-barbell-until-days-like-today.html)

Emergent BioSolutions CEO Bob Kramer joined Jim Cramer on “Mad Money” to discuss the biopharmaceutical company’s role in the quest to bring a Covid-19 vaccine to market.

Ticker: EBS

Cramer’s lightning round: Flir Systems stock ‘should be higher’ (https://www.cnbc.com/2020/08/12/cramers-lightning-round-flir-systems-stock-should-be-higher.html)

• Flir Systems: “This stock should be higher. I like Flir. … I don’t understand the drop-off. I’d like to be a buyer.”
• Spartan Energy Acquisition: “I’ve got to do more work.”
• Kandi Technologies Group: “I’m going to recommend buying PII,” or Polaris.
• Zoominfo Technologies: “To me, this thing sounds like a buy. I don’t know. I think it can come back.”
• Servicemaster Global: “I like maintenance. I’ve always liked Servicemaster. … This is just a bread-and-butter company, and I like it.”
• Exp World Holdings: “I think real estate’s been waiting for a cloud-based solution, and it’s found one. … There’s a lot of room for a company like EXPI.”
• Trinseo: “Not a great company. … I’m not going to recommend it, OK? It’s just the spinoff [is] not so great.”

Ticker: FLIR, SPAQ, KNDI, PII, ZI, SERV, EXPI, TSE

Executive Interview: J2 Global CEO on online company’s ‘remarkable’ growth in second quarter (https://www.cnbc.com/video/2020/08/12/j2-global-ceo-on-online-companys-remarkable-second-quarter-growth.html)

“Q2 was as punishing an environment for media and ad players as any I’ve ever seen,” hybrid online media and cloud services J2 Global CEO Vivek Shah said.

Ticker: JCOM

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