Mad Money: Key points from December 7, 2020 (Monday) episode

Summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, December 7, 2020. Links to CNBC sites which contain video clips and transcripts are also listed.

(1) Jim Cramer says young investors ‘changed the entire character of the market’ (https://www.cnbc.com/2020/12/07/jim-cramer-young-investors-changed-the-entire-character-of-the-market.html)

• “I think it’s time to stop disrespecting the younger investors who’ve nailed 2020 every step of the way and start taking them seriously,” CNBC’s Jim Cramer said.
• “We’ve got a massive group of individual investors who’ve become in many ways a more powerful collective force than the professionals, and they simply don’t care about the same things as the experts,” the “Mad Money” host said.
• “The return of individual investors has changed the entire character of the market,” he said.

(2) ServiceNow CEO discusses multi-year partnership with NBA and WNBA (https://www.cnbc.com/video/2020/12/07/servicenow-ceo-discusses-multi-year-partnership-with-nba-and-wnba.html)

From supporting the NBA bubble to signing deals with the NBA and WNBA, ServiceNow CEO Bill McDermott explained how the leagues are using its digital workflows.

Ticker: NOW

(3) Executive Interview: Jim Cramer recommends buy price for DoorDash public debut, says investors ‘can’t chase’ the stock (https://www.cnbc.com/2020/12/07/cramer-recommends-buy-price-for-doordash-public-debut.html)

• “DoorDash is a terrific story, but its business could slow dramatically next year, so I recommend being careful with it,” CNBC’s Jim Cramer said.
• “If you can get it for $100 or less, you’ve got my blessing. Otherwise, sorry, you had to get in on the deal because you can’t chase these,” the “Mad Money” host said.
• “I expect the IPO to catch fire right out of the gate, even as I worry that it’s destined for a pullback when the growth slows in 2021 and the company’s up against some very tough comparisons,” he said.

Ticker: DASH

(4) [No Video Clip] Executive Interview with APi Group Corporation — Ticker: APG

(5) Cramer’s lightning round: Domino’s Pizza is a very good stock (https://www.cnbc.com/2020/12/07/cramer-lightning-round-dominos-pizza-is-a-very-good-stock.html)

• Domino’s Pizza: “I think Domino’s is very good. … I just think that, look, if you can deliver food and do it contactless, it’s a win and it’ll stay a win, so I like Domino’s.”
• Gilead: “Gilead had really good news about new drugs this weekend … the stock went down anyway. What does that tell you? It tells you [to sell].”
• Bloom Energy: “I’m a believer [in fuel cells], but I don’t want to be greedy … We had a really nice move, we sell some right now, we lock in some gains, let the rest run — that way we don’t feel bad if the stock starts going down because that group is very wild, but you know I’m a believer.”
• Acadia Pharmaceuticals: “I like these guys. I think it’s a very good spec, but remember it’s not been a successful field for the big companies that are in” the business of central nervous system.
• Lennar: “I think that Lennar is a good company. Let’s take a look at it after I take a look at the Toll Brothers conference call when I get home tonight.”
• Li Auto: “I prefer Nio to LI. I don’t recommend Chinese stocks, with the exception of Alibaba.”
• Vertiv Holdings: “It’s a very, very good spec.”
• 1-800-Flowers.com: “Good business. Not a great business, not a bad business. Not a fast grower. …. A lot of other stocks that I like more.”

Ticker: DPZ, GILD, BE, ACAD, LEN, LI, NIO, VRT, FLWS

Other Stocks Discussed (Calls with audiences): Oracle (ORCL) [fine. hold on.], Virgin Galactic (SPCE) [No. Take money and run, at least half. Too risky, buy BA instead], Uber (UBER) [very well run company], BigCommerce (BIGC) [Price to sale is high]

Disclaimer

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