Mad Money: Key points from November 3, 2022 (Thursday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, November 3, 2022.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Jim Cramer says to parse the Dow for recession-resilient stocks (https://www.cnbc.com/2022/11/03/jim-cramer-says-to-parse-the-dow-for-recession-resilient-stocks.html)

• CNBC’s Jim Cramer on Thursday advised investors on where to look for stocks that can withstand a potential economic downturn.
• “The Dow components all know how to handle a recession,” he said.

(2) Executive Interview: Watch Jim Cramer’s full interview with Qualcomm CEO Cristiano Amon (https://www.cnbc.com/video/2022/11/03/watch-jim-cramers-full-interview-with-qualcomm-ceo-cristiano-amon.html)

Cramer interviewed Qualcomm CEO Cristiano Amon on Tuesday.

Ticker: QCOM [Charitable Trust lowered the position]

(3) Executive Interview: E.L.F. Beauty CEO on the company’s second-quarter results (https://www.cnbc.com/video/2022/11/03/elf-beauty-ceo-on-the-companys-second-quarter-results.html)

Cramer spoke with E.L.F. Beauty CEO Tarang Amin on Thursday.

Ticker: ELF

(4) Interview: Sec. Raimondo doubles down on Biden’s plan to restrict semiconductor chip exports to China (https://www.cnbc.com/video/2022/11/03/sec-raimondo-doubles-down-on-bidens-plan-to-restrict-semiconductor-chip-exports-to-china.html)

Cramer spoke with Commerce Secretary Gina Raimondo on Thursday.

(5) Cramer’s lightning round: I’m sticking with Nvidia (https://www.cnbc.com/2022/11/03/cramers-lightning-round-im-sticking-with-nvidia.html)

• Nvidia Corp: “I know it’s overvalued right now. … I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia.”
• GoPro Inc: “I said sell that stock. … $95, never looked back.”
• Home Depot Inc: “I think that the Fed is directly targeting renovation and building of homes. … But you have to stay the course.”
• Actinium Pharmaceuticals Inc: “I don’t like hyping phase 1, but I do think they have some interesting formulations.”
• Lucid Group Inc: “Lucid is losing a huge amount of money. I don’t recommend stocks that are losing money.”
• Wabash National Corp: “Very, very strong company. … I think it’s a winning idea.”
• Tilray Brands Inc: “Their time has come. … I say, buy Tilray.”
• SoFi Technologies Inc: “I’m willing to back [CEO Anthony Noto] right here, right now.”

Ticker: NVDA, GPRO, HD, ATNM, LCID, WNC, TLRAY, SOFI

(6) [No Video Clip] Jim Cramer gives his take on semiconductor and oil stocks (https://www.cnbc.com/video/2022/11/03/jim-cramer-gives-his-take-on-semiconductor-and-oil-stocks.html)

Cramer on Thursday gave his take on both kinds of stocks and whether they are suitable for this moment in the market.

Other Stocks Discussed (calls with audience): Rivian Automotive (RIVN) [Speculative, not doing good, avoid], (GT) Goodyear Tire (GT) [Disappointing], Conagra Brands (CAG) [they need to lower price; buy Mosaic or DEER]

Ref: Links to other sites that relate to episode of November 3, 2022

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

Disclaimer

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