Mad Money: Key points from December 14, 2022 (Wednesday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, December 14, 2022.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Investors bolting from the market after hawkish Fed speech are being too hasty, Jim Cramer says (https://www.cnbc.com/2022/12/14/investors-bolting-from-the-market-after-hawkish-fed-speech-are-being-too-hasty-jim-cramer-says.html)

• CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech are acting too rashly.
• Stocks fell Wednesday after the Fed raised interest rates by 50 basis points and forecasted hiking rates through next year

(2) Homework: Jim Cramer digs into his thoughts on Clearfield stock (https://www.cnbc.com/video/2022/12/14/jim-cramer-digs-into-his-thoughts-on-clearfield-stock.html)

Cramer gave his thoughts on Clearfield and its stock on Wednesday.

Ticker: CLFD [go for it], SHC [avoid]

(3) Jim Cramer says he likes these 5 consumer staple stocks in 2023 (https://www.cnbc.com/2022/12/14/jim-cramer-says-he-likes-these-5-consumer-staple-stocks-in-2023.html)

• CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023.
• “I’m not entirely convinced that we’re headed for a recession next year, but we’re definitely looking [at] a meaningful slowdown, and that’s terrific for the consumer staples,” he said.

Ticker: Archer-Daniels-Midland (ADM), Campbell Soup (CPB) , Estee Lauder (EL), Constellation Brands (STZ), Walgreens Boots Alliance (WBA)

(4) [No Video Clip] Jim Cramer answers questions from Investing Club members (https://www.cnbc.com/video/2022/12/14/jim-cramer-answers-questions-from-investing-club-members.html)

Cramer answered Investing Club members’ pressing stock questions ahead of the Club’s monthly meeting on Thursday.

• Roth IRA — s&p500, mutual fund
• homework process – key metrics, if cannot do by yourself, buy mutual fud
• Moderna — you can still buy
• cash position — 12% in Charitable Trust right now (little high)
• physical gold and silver — personally own gold but disappointed
• yield curve —
• 60/40 —

(5) Cramer’s lightning round: I wouldn’t buy World Wrestling Entertainment at this level (https://www.cnbc.com/2022/12/14/cramers-lightning-round-i-wouldnt-buy-world-wrestling-entertainment-at-this-level.html)

• World Wrestling Entertainment Inc: “I would not want to come in at this level. I am actually quite encouraged by how well the company is run.”
• Royal Caribbean Cruises Ltd: “Royal Caribbean is an excellent, excellent company.”
• Lantheus Holdings Inc: “Danaher. … It’s a heck of a lot better than [Lantheus].”
• Cleveland-Cliffs Inc: “I think the numbers may be too high in Cliffs. The numbers may be too low in Nucor.”

Ticker: WWE, RCL, LNTH, CLF

(6) Jim Cramer on why he’s pro-regulation in the crypto space (https://www.cnbc.com/video/2022/12/14/jim-cramer-on-why-hes-pro-regulation-in-the-crypto-space.html)

Cramer on Wednesday explained why he supports the regulation of crypto.

Other Stocks Discussed (calls with audience): Dominion Energy (D), PayPal (PYPL) [hold on], Palo Alto Networks (PANW) [I like PANW [still profitable, best in show]

Ref: Links to other sites that relate to episode of December 14, 2022

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

Disclaimer

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