Mad Money: Key points from January 19, 2023 (Thursday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, January 19, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Jim Cramer says an ‘obsession’ with mega-cap tech names is overshadowing a bull market (https://www.cnbc.com/2023/01/19/jim-cramer-says-an-obsession-with-mega-cap-tech-names-is-overshadowing-a-bull-market.html)

• CNBC’s Jim Cramer on Thursday said that the carnage in tech stocks like Tesla, Salesforce and Amazon is concealing a bull market in other names.
• “We had a very traditional bull market based on the dollar and interest rates peaking,” he said.

(2) Jim Cramer says it’s too soon to buy video game stocks like Activision and Take-Two (https://www.cnbc.com/2023/01/19/cramer-too-soon-to-buy-video-game-stocks-like-activision-and-take-two.html)

• CNBC’s Jim Cramer warned investors not to pick up beaten-up shares of video game companies like Activision and Take-Two just yet.
• Video game companies saw their stocks skyrocket during the height of the Covid pandemic, as consumers hunkered down and turned to at-home entertainment.
• That changed when the economy reopened, leading to a boom in outdoor activities.

Ticker: TTMO, LOGI, ATVI

(3) [No Vide Clip ] Jim Cramer answers excess questions from the Investing Club’s January meeting (https://www.cnbc.com/video/2023/01/19/jim-cramer-answers-excess-questions-from-the-investing-clubs-january-meeting.html)

Cramer answered Investing Club members’ questions on Thursday.

(4) Executive Interview: Ro CEO on Ro Body, the company’s first insurance-based offering (https://www.cnbc.com/video/2023/01/19/ro-ceo-on-ro-body-the-companys-first-insurance-based-offering.html)

Cramer spoke with Ro CEO Zach Reitano on Thursday.

(5) Cramer’s lightning round: I like ABM Industries (https://www.cnbc.com/2023/01/19/cramers-lightning-round-i-like-abm-industries.html)

• Dow Inc: “I want you to hold on. … Keep it at a 5% yield, buy some more if it goes 5.5%.”
• ABM Industries Inc: “Talk about a boring facilities management company that I like so much. You’ve got a real winner there.”
• Sun Country Airlines Holdings Inc: “Why do we have to fool around in that when we’ve got United Airlines?”
• Weyerhaeuser Co: “I like it a lot.”
• Lockheed Martin Corp: “People are worried about the Republicans and defense budget. I’m worried about the Ukrainians and defending them, and I think Lockheed Martin plays a key role.”
• Dynavax Technologies Corp: “As long as you understand that this is a speculative stock and you could lose some money in it, it’s fine by me.”
• MPLX LP: “I like the company. I like the cash flows. I like the pipelines.”
• Waste Management Inc: “I wish it would be cheaper.”
• National Fuel Gas Co: “At this point, I’d rather see you in Sempra.”
• Enphase Energy Inc: “I think Enphase Energy is the perfect way to be able to play the Inflation Reduction Act.”

Ticker: DOW, ABM, SNCY, WY, LMT, DVAX, MPLX, WM, NFG, ENPH

(6) [No Vide Clip ] Jim Cramer reminds investors to stick with boring stocks (https://www.cnbc.com/video/2023/01/19/jim-cramer-reminds-investors-to-stick-with-boring-stocks.html)

Cramer advised investors to keep boring, recession-resistant stocks in their portfolios.

Other Stocks Discussed (calls with audience): Signature Bank (SBNY), Coinbase (COIN) [heavily shorted, sell sell sell]

Ref: Links to other sites that relate to episode of January 19, 2023

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

Disclaimer

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