Mad Money: Key points from December 23, 2022 (Friday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, December 23, 2022.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer warns investors not to repeat this year’s mistakes when it comes to tech stocks (https://www.cnbc.com/2022/12/23/cramer-warns-investors-not-to-repeat-this-years-mistakes-when-it-comes-to-tech-stocks.html)

• CNBC’s Jim Cramer on Friday warned investors to exercise caution when approaching mega-cap tech stocks that got hammered this year.
• “If we see these stocks creeping back up to their old levels. … Let’s remember that prices do matter, and we don’t want to get burned the next time they go too high,” he said.

Ticker: TSLA, META, VNDA, AMZN, GOOGL, MSFT, AAPL

(2) Jim Cramer likes these 7 consumer discretionary stocks for 2023 (https://www.cnbc.com/2022/12/23/jim-cramer-likes-these-7-consumer-discretionary-stocks-for-2023.html)

• CNBC’s Jim Cramer on Friday offered investors a list of seven stocks he believes could be great additions to investors’ portfolios.
• “While most consumer discretionary stocks have been horrendous this year, we’ve had some pools of strength, too, and many of them can work in 2023,” according to Cramer.

Ticker: GPC, ORLY, AZO, (LVS, WYNN, MGM, VICI,) ULTA, TJX, YUM, SBUX

(3) [No Video Clip] Am I diversified? Jim Cramer makes the call (https://www.cnbc.com/video/2022/12/23/am-i-diversified-jim-cramer-makes-the-call.html)

Cramer reviewed investors’ portfolios and gave his take on whether they need more diversification.

• ABNB, MP, TSLA, AMZN, CTRA — diversified
• COST, WFC, FLNG, RPRX, CB — diversified
• F, DAL, CAT, DVN, PLUG [too speculative]  — remove PLUG add LIN
• MCK, GOOG, UBER, GNRC, CVX [Charitable trust sold CVX] — Remove GNRC, add F
• BAC, AMZN, AAPL, F, SPWR — Diversified

(4) Jim Cramer says he likes these 3 communication services stocks for 2023 (https://www.cnbc.com/2022/12/23/jim-cramer-says-he-likes-these-3-communication-services-stocks-for-2023.html)

• CNBC’s Jim Cramer offered investors a list of three communications services stocks that are buys in an otherwise “untouchable” group.
• The communication services sector, one of 11 in the S&P 500, includes classic telecommunications companies, media and entertainment companies and some large internet companies.

Ticker: TMUS, (ATVI, OMC, T,) DIS, NFLX

(5) Cramer’s lightning round: I love Eagle Materials (https://www.cnbc.com/2022/12/23/cramers-lightning-round-i-love-eagle-materials.html)

• Eagle Materials Inc: “I love Eagle Materials. We’ve got so much money coming for infrastructure from the federal government.”
• Healthcare Realty Trust Inc: “Too dangerous. … We’re going to have to stay away.”
• Energy Transfer LP: “I think it’s a [buy].”
• Apple Inc: “I’m still urging people to own it, don’t trade it, but I accept the fact that it’s going lower before it goes higher.”
• Mativ Holdings Inc: “We’re not going to opine. … We’re going to do some homework and we’re going to come back.”
• Mosaic Co: “I still think the fertilizers work. I am not giving up on them.”
• Cellebrite DI LTD: “I’m going to have to take a pass. Need to do too much more work on it.”
• SoFi Technologies Inc: “I think that SoFi, it’s finally going to be [CEO] Anthony Noto’s year. I genuinely believe it.”

Ticker: EXP, HR, ET, AAPL, MATV, MOS, CLBT, SOFI

(6) [No Video Clip] Jim Cramer reviews the companies that went public in recent years and whose stocks failed to take off (https://www.cnbc.com/video/2022/12/23/jim-cramer-reviews-the-companies-that-went-public-in-recent-years-and-whose-stocks-failed-to-take-off.html)

Cramer went over the companies that went public in 2021 and 2022 but ultimately saw their stocks tank.

Other Stocks Discussed (calls with audience): General Holdings (GNRC), PayPal (PYPL)

Ref: Links to other sites that relate to episode of December 23, 2022

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

Disclaimer

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