Mad Money: Key points from December 9, 2022 (Friday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, December 9, 2022.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer’s week ahead: Don’t let the Fed’s meeting obscure investing opportunities (https://www.cnbc.com/2022/12/09/cramers-week-ahead-dont-let-the-feds-meeting-obscure-investing-opportunities.html)

• CNBC’s Jim Cramer on Friday advised investors to keep their eyes peeled for chances to improve their portfolios next week.
• “These big macro numbers and important Fed meetings are a drag – I know. They obscure the actual opportunities out there,” he said.

(2) Executive Interview: Prometheus Biosciences CEO on the company’s ability to raise capital, get FDA approval (https://www.cnbc.com/video/2022/12/09/prometheus-biosciences-ceo-on-the-companys-ability-to-raise-capital-get-fda-approval.html)

Cramer spoke with Prometheus Biosciences CEO Mark McKenna on Friday.

Ticker: RXDX

(3) Jim Cramer gives his take on Tyson Foods (https://www.cnbc.com/video/2022/12/09/jim-cramer-gives-his-take-on-tyson-foods.html)

Cramer offered his thoughts on Tyson Foods and its stock.

Ticker: TSN

(4) Executive Interview: Nucor CEO on the WTO’s ruling against U.S. steel tariffs (https://www.cnbc.com/video/2022/12/09/nucor-ceo-on-the-wtos-ruling-against-us-steel-tariffs.html)

Cramer spoke with Nucor CEO Leon Topalian on Friday.

Ticker: NUE

(5) Cramer’s lightning round: Alphabet is not making enough money (https://www.cnbc.com/2022/12/09/cramers-lightning-round-alphabet-is-not-making-enough-money.html)

• Morgan Stanley: “I want you to hold it. I think it’s terrific at $89.”
• SLB: ”[Russia] pretty much made a deal between our Western allies and us that allows them to overproduce [oil], which is going to cause Schlumberger to roll down another maybe $5, $6 before we’re interested in buying it.”
• Alphabet Class A: “The company has got to cut costs, cut costs, cut costs. … It is not making enough money.”
• Sprout Social Inc: “Another enterprise software company. Next. But I promise to go back and look at it again.”
• Boyd Gaming Corp: “I have to take a big pass on Boyd.”
• GrowGeneration Corp: “We had that one. We nailed that. We got that right in a buy, we got that right in a sell, and what we did is we never looked back.”
• Amprius Technologies Inc: “We’re not recommending that stock.”
• Walt Disney Co: “I think Disney is a triple buy.”

Ticker: MS, SLB, GOOGL,SPT, BYD, GRWG, AMPX, DIS

(6) Jim Cramer says Costco is a buy, Lululemon is a wait-and-see (https://www.cnbc.com/2022/12/09/jim-cramer-says-costco-is-a-buy-lululemon-is-a-wait-and-see.html)

• CNBC’s Jim Cramer on Friday advised investors how to approach the stocks of two retailers that reported earnings this week.
• “Two sets of expectations. One too high, the other too low. That’s the tale of Lululemon and Costco. The former was overestimated; the latter was underestimated,” he said.

Ticker: LULU, COST

Other Stocks Discussed (calls with audience): Best Buy (BBY) [buy buy buy], On Holdings (ONON) [endorse buying], Treehouse Foods (THS) [precisely the stock you should buy in this environment], Chipotle (CMG) [buy buy buy]

Ref: Links to other sites that relate to episode of December 9, 2022

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

Disclaimer

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