Mad Money: Key points from October 26, 2020 (Monday) episode

Summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, October 26, 2020. Links to CNBC sites which contain video clips and transcripts are also listed.

(1) Jim Cramer identifies five investment themes for a ‘rocky week’ on Wall Street (https://www.cnbc.com/2020/10/26/jim-cramer-expects-a-rocky-week-reveals-five-themes-to-invest-in.html)

• “Get comfortable, because this is going to be a rocky week,” CNBC’s Jim Cramer said.
• “With Covid raging and no stimulus in sight, we’ve got five bull markets that work here: 5G, digitization, hygiene, home renovation and cars,” the “Mad Money” host said.
• “You need to be disciplined and start buying them into weakness,” he said.

(2) Executive Interview: Plug Power CEO says the hydrogen industry is ‘just beginning’ (https://www.cnbc.com/video/2020/10/26/plug-power-ceo-says-the-hydrogen-industry-is-just-beginning.html)

Plug Power CEO Andrew Marsh explained how consumer and business customer demands for hydrogen fuel are driving growth for the company and hydrogen industry.

Ticker: PLUG

(3) Jim Cramer makes a case for Union Pacific to acquire Kansas City Southern (https://www.cnbc.com/2020/10/26/jim-cramer-makes-a-case-for-union-pacific-to-acquire-kansas-city-southern.html)

• “Union Pacific’s getting hammered here in the wake of a not-so-hot quarter, not to mention a huge spike in Covid cases,” CNBC’s Jim Cramer said.
• “As the precision railroading story winds down, they need to give you a new catalyst,” the “Mad Money” host said.
• “Rather than continuing to buy back huge slugs of stock like CSX, I think Union Pacific should just reach out and acquire Kansas City Southern,” he said.

Ticker: UNP, CSX, KSU, NSC

(4) American Electric Power CEO on 2020 election and transitioning to clean energy economy (https://www.cnbc.com/video/2020/10/26/aep-ceo-on-2020-election-and-transitioning-to-clean-energy-economy.html)

Whether President Donald Trump retains the White House or Joe Biden wins the presidency in the election next week, American Electric Power CEO Nick Akins promised to move forward on clean energy initiatives.

Ticker: AEP

(5) Cramer’s lightning round: Nordstrom is ‘very, very tough stock to own’ (https://www.cnbc.com/2020/10/26/cramers-lightning-round-nordstrom-is-very-very-tough-stock-to-own.html)

• Focus Financial Partners: “Very good. A little more expensive than Morgan Stanley, which is the one that I prefer if you’re going to be in that wealth management business.”
• Landcadia: “I’m never going to go against the great Tilman Fertitta.”
• Lordstown Motors: “We’re going to invite Lordstown on [the show], rather than opine on it.”
• American Airlines: “I am partial to LUV because it doesn’t lose money and it’s been such a great long-term stock.”
• Raytheon Technologies: “I think that you’ll probably get a good quarter from Raytheon. I don’t know if that’ll do what you want, in terms of options, but I think it will be a good quarter and it’ll be a good year for them.”
• Nordstrom: “It’s a very, very tough stock to own. I can see buying it at $13 as a spec.”
• Huya: “I’m going to stick with American video. I’m not going to go to China.”

Ticker: FOCS, MS, LCYAU, AAL, LUV, RTX, JWN, HUYA

(6) [No Video Clip] The Leisurization of Apparel — Levi’s (LEVI), Kontoor (KTB), GAP (GAP), Lululemon (LULU)

Other Stocks Discussed (calls with audiences): Carnival (CCL), Purple Innovation (PRPL), NortonLifeLock (NLOK), JetBlue Airways (JBLU), Winnebago Industries (WGO)

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