Mad Money: Key points from October 15, 2020 (Thursday) episode

Summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, October 15, 2020. Links to CNBC sites which contain video clips and transcripts are also listed.

Jim Cramer tells traders to be ready for a ‘buyable dip’ from sharp stock pullbacks on European coronavirus fears (https://www.cnbc.com/2020/10/15/cramer-calls-pullbacks-on-europe-coronavirus-fears-are-a-buyable-dip.html)

• “On a day like today where the morning traders foolishly dump everything, you’ve got to pounce and do some buying,” CNBC’s Jim Cramer said Thursday.
• Stocks opened lower Thursday as investors reacted to a worsening coronavirus situation in Europe, but equities later climbed off their earlier lows.
• “This morning’s Europe inspired sell-off turned out to be the perfect buying opportunity,” the “Mad Money” host said.

Jim Cramer: Electric truck company Hyliion has a compelling story, but be patient on the stock (https://www.cnbc.com/2020/10/15/jim-cramer-hyliion-has-a-compelling-story-but-be-patient-on-stock.html)

• CNBC’s Jim Cramer advised investors to hold off on buying shares of newly public electric truck company Hyliion Holdings.
• The “Mad Money” host stressed he found the company’s story compelling but worried about its present valuation.
• “I kind of like the story, and I think it’s worth buying if you can get the stock around $20, maybe less,” he added.

Ticker: HYLN

Cramer’s lightning round: ‘I’m not going to fight you if you like Nio’ (https://www.cnbc.com/2020/10/15/cramers-lightning-round-im-not-going-to-fight-you-if-you-like-nio.html)

• Crown Castle: “People are upset that this thing hasn’t just soared higher. I say, give it a little time. C’mon, these stocks have been great for a long time and [Elliott Management]’s in there, I’m saying buy it.”
• SolarEdge Technologies: “If you’ve taken off your initial investment and you’re playing with house’s money, no, you keep running it. All the solar stocks are going nuts, and what can I say, they’ve got a bunch of new ones, too. First Solar’s high. But people love solar. It’s gotten economic.”
• Sunrun: “It’s going higher. Blackstone, they offered the stock $61, $62. It’s going to be a buy. I hate recommending stocks because they’re hot. The sun’s hot. They’re hot. But they’re working.”
• Nio: “Oh my god, Nio. OK, so Nio was down … it’s been a straight line up. Nio is the Tesla of China. I’ve been recommending Alibaba, that’s been my Chinese play. But I recognize Nio has been a hot one. I’m not going to stick my neck out, but I’m not going to fight you if you like Nio.”

Ticker: CCI, SEDG, FSLR, RUN, BX, NIO, TSLA, BABA

Stay-at-home stocks like Zoom will ‘keep roaring’ until there is a coronavirus vaccine, says Cramer (https://www.cnbc.com/2020/10/15/cramer-stay-at-home-stocks-keep-roaring-without-coronavirus-vaccine.html)

• “The stay-at-home story, it’s not quitting,” CNBC’s Jim Cramer said.
• The “Mad Money” host contended stocks such as Peloton, Zoom Video and Darden Restaurants will “keep roaring” until there is a coronavirus vaccine.
• He added that he also sees persistent strength in the homebuilders and packaging firms such as International Paper.

Ticker: PTON, ZM, IP, WRK, FDX, CMG, DRI, SNE, MSFT, TTWO

Other Topic (no video clip): (1) Financial in Focus — Ticker: GS, MS, JPM, BAC, C, WFC;  (2) “Cramer’s exclusive with Sorrento Therapeutics CEO Dr. Henry Ji.” — Ticker: SRNE

Other Stocks discussed (calls with audiences): International Business Machines (IBM), Halliburton (HAL), StoneCo Ltd. (STNE)

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