Mad Money: Key points from December 18, 2020 (Friday) episode

Summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, December 18, 2020. Links to CNBC sites which contain video clips and transcripts are also listed.

(1) Cramer’s week ahead: More upside after Tesla’s S&P 500 welcome (https://www.cnbc.com/2020/12/18/cramers-week-ahead-more-upside-after-teslas-sp-500-welcome.html)

• “The action today … had nothing to do with Covid and everything to do with Tesla’s admission to the S&P 500,” CNBC’s Jim Cramer said.
• “Usually, new entrants to the S&P are much smaller than this. Tesla’s one of the 10 largest companies in America by market cap, so the impact reverberated through the whole market,” the “Mad Money” host said.
• “I bet Tesla has more upside as [CEO Elon] Musk keeps meeting and beating his targets,” he said.

[Tuesday] Carmax, Cintas; [Wednesday] Paychex

(2) Harvard doctor explains how at-home coronavirus tests work (https://www.cnbc.com/video/2020/12/18/harvard-doctor-explains-how-at-home-coronavirus-tests-work.html)

Dr. Michael Mina, a professor of epidemiology at Harvard’s School of Public Health, said testing has been one of the major problems during the pandemic and that a new testing strategy could alter the trajectory of the Covid-19 outbreak.

(3) XL Fleet EV stock ‘could be a steal’ after blank-check merger, Jim Cramer says (https://www.cnbc.com/2020/12/18/jim-cramer-xl-fleet-ev-stock-could-be-a-steal-after-blank-check-merger.html)

• “With Pivotal Investment trading at $15 going into the XL Fleet merger, I think the stock could be a steal,” CNBC’s Jim Cramer said.
• “But if it starts flying next week, I’m begging that maybe you don’t chase it too much past $20,” the “Mad Money” host said.
• XL Fleet, a hybrid powertrain producer, is expected to come public next week after blank-check company Pivotal Investments acquires the electric vehicle supplier.

Ticker: XL Fleet + Pivotal Investment Corp. (PIC)

(4) Cloudflare CEO says ‘zero-trust architecture’ is an answer to U.S. government breach (https://www.cnbc.com/2020/12/18/cloudflare-ceo-says-zero-trust-structure-is-answer-to-government-hack.html)

• Cloudflare CEO Mattew Prince, responding to news of a massive breach of the U.S. government, told CNBC’s Jim Cramer that the company takes a “zero-trust” approach to cybersecurity.
• “What that means is, effectively, if a hacker gets into one part of your organization that it’s contained,” Prince said in a “Mad Money” appearance.
• “It’s almost like bulkheads in a ship that make sure that a leak in one place doesn’t sink the entire ship,” he said.

Ticker: NET

(5) Cramer’s lightning round: MasTec’s a winner (https://www.cnbc.com/2020/12/18/cramers-lightning-round-mastecs-a-winner.html)

• Wells Fargo: “I believe in [CEO] Charlie Scharf … Let’s hope they’re allowed to do their buyback.”
• MasTec: “Mastec’s a winner. I like infrastructure plays, and that’s certainly one of them. We’ve got a lot of infrastructure problems.”
• Caterpillar: “There’s very few industrials, so this one can go to $200. Management’s been buying back stock. … I actually like Deere more than Caterpillar.”
• Velodyne Lidar: “Unfortunately, there’s so many in that same space. I like that one.”
• Tupperware Brands: “I have decided that this thing is just too hard to own. If I had bought it at the lower level, I would be thinking” to sell.
• Freeport-McMoran: “I would hold on to that, even though it’s already doubled.”

Ticker: WFC, MTZ, CAT, DE, VLDR, TUP, FCX

(6) [No Video Clip] Recent slew of IPO: Ticker — SNOW, DASH, BNB

Other Stocks Discussed (Calls with audiences): Etsy (ETSY), Skyline Champion Corporation (SKY), Activision Blizzard (ATVI), Blink Charging (BLNK)

Ref: Links to other sites that relate to episode of December 18, 2020.

• Google Podcast (Sounds)
• Internet Archive (Video & Texts per minute)

Disclaimer

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