Mad Money: Key points from January 13, 2023 (Friday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, January 13, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer’s week ahead: Wait before trading on company earnings (https://www.cnbc.com/2023/01/13/cramers-week-ahead-wait-before-trading-on-company-earnings.html)

• CNBC’s Jim Cramer on Friday warned investors not to make trading decisions fresh off a company’s earnings report.
• Stocks made a comeback on Friday after falling initially on quarterly earnings reports and recession warnings from major banks

(2) Homework: Cramer says this specialty materials stock fits his investing mantra’s requirements (https://www.cnbc.com/video/2023/01/13/cramer-says-this-specialty-materials-stock-fits-his-investing-mantras-requirements.html)

Cramer named a stock that fits his investing mantra.

Ticker: MATV [Bottom Line: “If you feel sanguine about the economy, you’ve got my blessing to buy MATV.”]

(3) Cramer explains why recent rallies in meme stocks is a red flag for the market (https://www.cnbc.com/video/2023/01/13/cramer-explains-why-recent-rallies-in-meme-stocks-is-a-red-flag-for-the-market.html)

Cramer explained why recent rallies in Carvana and Bed Bath & Beyond don’t bode well for the market.

Ticker: CVNA, BBBY [Bottom Line: “If you own either CVNA or BBBY, I’d ring the register up here.”]

(4) [No Video Clip] Am I diversified? Jim Cramer makes the call (https://www.cnbc.com/video/2023/01/13/am-i-diversified-jim-cramer-makes-the-call.html)

Cramer analyzed investors’ portfolios and explained whether they should be more diversified.

• AAPL, DIS, FCN, FNV, JNJ — diversified
• PLTR [terrible], SNOW, DDOG, SG, WING — two restaurant stocks (SG and WING) and two tech stocks (PLTR and DDOG) –> throw out SG, keep DDOG, add UNH, get rid of PLTR, get RTX
• AU [prefer GOLD to AU], PANW, GOOGL, FND, SRE — perfect
• DUK, AAPL, PG, UPS [prefer FDX to UPS], KO — terrific portfolio

(5) Cramer’s lightning round: Costamare is not a buy (https://www.cnbc.com/2023/01/13/cramers-lightning-round-costamare-is-not-a-buy.html)

• Costamare Inc: “I don’t like [the] container ship business. And the rates are falling. I’m not going to say, buy that.”
• Lamar Advertising Co: “They are in a business that is in a serious recession right now. So, I am going to have to say no to that.”
• Torm PLC: “People love the tankers because they look so compelling. That one’s moved. The train has left.”
• Splunk Inc: “We are betting with, not against, Splunk.”
• Taiwan Semiconductor Manufacturing Co Ltd: “Taiwan Semi is just a very, very good company. … You just let that one run.”

Ticker: CMRE, LAMR, TRMD, SPLK, TSM,

(6) [No Video Clip] Jim Cramer gives his take on BlackRock, Disney and shareholder democracy (https://www.cnbc.com/video/2023/01/13/jim-cramer-gives-his-take-on-blackrock-disney-and-shareholder-democracy.html)

Cramer offered his thoughts on BlackRock and what could be its role in Disney’s proxy fight against Trian Fund Management.

Ticker: BLK, DIS

Other Stocks Discussed (calls with audience): Raytheon Technologies (RTX) [buy buy buy, but not until Thursday], Under Armour (UAA) [has NKE as a hard competitor], 3M (MMM) [Yellow flag, 2 litigations which is too tough]

Ref: Links to other sites that relate to episode of January 13, 2023

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

Disclaimer

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