Mad Money: Key points from December 7, 2021 (Tuesday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Tuesday, December 7, 2021.  It also contains links to CNBC sites which contain video clips and transcripts are also listed.

(1) Cramer says stocks’ recent rally shows need for investors to be patient, not fearful of omicron (https://www.cnbc.com/2021/12/07/cramer-stocks-recent-rally-shows-need-for-investor-patience-not-fear-.html)

• CNBC’s Jim Cramer delivered a lesson to investors Tuesday in light of the stock market’s recent move higher after a Covid-related rough patch.
• “It’s a textbook example of why panic is not a strategy, unless you’re deliberately trying to lose money,” he said.

(2) Executive Interview: Starbucks CEO says he expects unionization efforts to hit ‘handful’ of markets beyond Buffalo (https://www.cnbc.com/video/2021/12/07/starbucks-ceo-says-he-expects-unionization-efforts-to-hit-handful-of-markets-beyond-buffalo.html)

Starbucks CEO Kevin Johnson appeared on Tuesday’s episode of “Mad Money,” discussing an ongoing unionization effort at some stores in Buffalo, New York.

Ticker: SBUX

(3) Executive Interview: Ford is doing ‘whatever it takes’ to double production capacity for electric F-150 pickup, says CEO (https://www.cnbc.com/2021/12/07/ford-is-doing-whatever-it-takes-to-double-production-capacity-for-electric-f-150-pickup-says-ceo.html)

• Ford Motor is scrambling to meet the increasing interest in its soon-to-launch electric F-150 Lightning, CEO Jim Farley told CNBC on Tuesday.
• “Our [production] capacity is about half of what the demand is,” he said on “Mad Money.”

Ticker F, CRM

(4) SentinelOne CEO discusses the company’s latest quarterly results and cybersecurity competition (https://www.cnbc.com/video/2021/12/07/sentinelone-ceo-discusses-the-companys-latest-quarterly-results-and-cybersecurity-competition.html)

SentinelOne co-founder and CEO Tomer Weingarten appeared on Tuesday’s episode of “Mad Money,” after the cybersecurity firm reported its latest quarterly results.

Ticker: S [Note – Expiration of lockup on Thursday]

(5) Cramer’s lightning round: Illumina and SoFi are buys (https://www.cnbc.com/2021/12/07/cramers-lightning-round-illumina-and-sofi-are-buys.html)

• SoFi Technologies: ”[CEO] Anthony Noto is doing a very good job there. Frankly, they did a secondary. It crushed the stock. You know, the stock popped. People felt like they got hurt by it when the secondary occurred, and now I think it’s bottomed.”
• American Outdoor Brands: “I know it’s a gun play, but they’ve got all these other brands that we really like. They’re kind of an amalgam of brands. I don’t know. I don’t think it’s that bad a story down here. I don’t like to speculate ahead of the quarter, but they’ve got a lot of great brands.”
• Ollie’s Bargain Outlet Holdings: “This is a tough one because we know that that last quarter was quite weak, and [JPMorgan retail analyst Matthew Boss] is reacting I believe — I have not spoken to him about Ollie’s — to what was a quarter that was not up to snuff with many other companies having great quarters. … This is a very tough market. If it’s good, it doesn’t go up. If it’s bad, then look out.”
• Illumina: “Look, Illumina is a fantastic company. I’m not just saying that because we know [Dr. Scott Gottlieb] is on the board. Illumina is a winner. They made a fantastic acquisition. They are gene sequencer parts. … I would buy the stock.”

Ticker: SOFI, AOUT, OLLI, ILMN

(6) [No Video Clip] The rise of the worker

Other Stocks Discussed (calls with audience): Dick’s Sporting Goods (DKS) [Market is wrong, right here is a buy tomorrow morning]

Ref: Links to other sites that relate to episode of December 7, 2021

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

Disclaimer

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