Mad Money: Key points from September 30, 2022 (Friday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, September 30, 2022.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer’s week ahead: 3 events will determine if the market’s bad momentum will continue in October (https://www.cnbc.com/2022/09/30/cramers-week-ahead-3-events-will-set-the-markets-tone-for-october.html)

• CNBC’s Jim Cramer on Friday said that three key events next week will determine if the nightmarish month for the stock market will continue into October.
• The S&P 500 closed out its worst month since March 2020 on Friday. The Dow Jones Industrial Average and the Nasdaq Composite fell 8.8% and 10.5%, respectively, for the month.

(2) Cramer says investors should buy Vail Resorts into weakness here (https://www.cnbc.com/video/2022/09/30/cramer-says-investors-should-buy-vail-resorts-into-weakness-here.html)

CNBC’s Jim Cramer explained why he believes investors should have Vail Resorts on their shopping lists on Friday’s episode of “Mad Money.”

Ticker: MTN

(3) Off-the-Chart: Charts suggest it’s ‘way too early’ to expect the stock market to rebound, Jim Cramer says (https://www.cnbc.com/2022/09/30/cramer-charts-suggest-its-way-too-early-for-the-market-to-rebound.html)

• CNBC’s Jim Cramer on Friday warned investors that the stock market is unlikely to recover anytime soon.
• “The charts, as interpreted by Mark Sebastian … suggest that this market’s got more downside and it’s way too early to go really bullish,” he said.

(4) [No Video Clip] Am I diversified? Jim Cramer makes the call (https://www.cnbc.com/video/2022/09/30/am-i-diversified-jim-cramer-makes-the-call.html)

Cramer examined callers’ portfolios and explained whether they are diversified enough on Friday’s episode of the show.

• UNH, CRWD, WM, COST [Charitable Trust owns COST], GS –> diversified, like the portfolio
• AMD, SNOW, NVDA, META, LCID –> two semiconductor (keep AMD, drop NVDA), drop META, drop SNOW, add COST, add BMY, add RTX, keep LCID
• BAC, PULG, FDX, HON, AAPL –> like the portfolio
• Amazon (AMZN), Freyr Battery (FREY), A.O.Smith (AOS), Louisiana-Pacific Corporation (LPX), Simon Property (SPG) –> diversified
• AEP, ABBV DVN, PANW, GIS –> perfect

(5) Cramer’s lightning round: nLight is not a buy (https://www.cnbc.com/2022/09/30/cramers-lightning-round-nlight-is-not-a-buy.html)

• UiPath Inc: “It’s losing money, and I don’t recommend companies that are losing money.”
• Cheniere Energy Inc: “Good yield, safe, long-term. … That’s the way I would go.”
• Equinor ASA: ”[Enbridge] gives you a much better yield.”
• MP Materials Corp: “It does make money, and it is very well-run.”
• nLight Inc: “It loses money.”
• Petroleo Brasileiro SA Petrobras: “I’m not going there.”
• Amerisourcebergen Corp: “Call me a buyer of Amerisourcebergen.”
• BJ’s Wholesale Club Holdings: “I like BJ’s very much. … But my Charitable Trust owns Costco, and I do prefer them.”

Ticker: PATH, LNG, EQNR, MP, LASR, PBR, ABC, BJ, NMFC

(6) [No Video Clip] Jim Cramer says to avoid ‘fallen stars’ and go for healthy companies instead (https://www.cnbc.com/video/2022/09/30/jim-cramer-says-to-avoid-fallen-stars-and-go-for-healthy-companies-instead.html)

Cramer made the case for why investors should be picking up shares of companies with healthy balance sheets and dividends on Friday’s episode of “Mad Money.”

Ticker: MU

Other Stocks Discussed (calls with audience): Pinterest (PINS) [Expensive stock, no catalyst why it goes up], Roku (ROKU) [still losing money, so cannot recommend] Kroger, (KR), Walgreen (WBA) [not doing well, buy COST held which is owned by the Charitable Trust], 3M (MMM) [not buy]

Ref: Links to other sites that relate to episode of September 30, 2022

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

Disclaimer

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