Mad Money: Key points from February 9, 2023 (Thursday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, February 9, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Jim Cramer says price stability is right around the corner (https://www.cnbc.com/2023/02/09/jim-cramer-says-price-stability-is-right-around-the-corner.html)

• CNBC’s Jim Cramer on Thursday said the Federal Reserve is closer to winning its battle against inflation than Wall Street might believe.
• He explained that there’s confusion about whether the Fed has tamped down inflation enough due to a bifurcation in the economy.

Ticker: AFRM, EAT

(2) Executive Interview: XPO CEO on the company’s break-ups, plan to grow margins and earnings (https://www.cnbc.com/video/2023/02/09/xpo-ceo-on-the-companys-break-ups-plan-to-grow-margins-and-earnings.html)

Cramer spoke with XPO CEO Mario Harik on Thursday.

Ticker: XPO

(3) Jim Cramer says Disney stock has more upside thanks to Bob Iger’s turnaround plan (https://www.cnbc.com/2023/02/09/cramer-disney-has-more-upside-thanks-to-bob-igers-turnaround-plan.html)

• CNBC’s Jim Cramer said that he’s bullish on Disney stock after the company announced a robust restructuring and cost-cutting plan.
• Disney announced a plan to lay off 7,000 employees, restructure the company and cut $5.5 billion in costs.
• Activist investor Nelson Peltz told CNBC on Thursday that Trian Fund Management’s proxy fight with the media giant is over.

Ticker: DIS [a lot more upside]

(4) Executive Interview:New Relic CEO on the company’s relationships with customers (https://www.cnbc.com/video/2023/02/09/new-relic-ceo-on-the-companys-relationships-with-customers.html)

Cramer spoke with New Relic CEO Bill Staples on Thursday.

Ticker: NEWR

(5) Cramer’s lightning round: EMCOR Group is my kind of stock (https://www.cnbc.com/2023/02/09/cramers-lightning-round-emcor-group-is-my-kind-of-stock.html)

• Moderna Inc: “I think you should buy more.”
• Okta Inc: ”[CEO Todd McKinnon has] got to pivot first. We mean pivot, going from loss and high growth to a little less growth and profit.”
• EMCOR Group Inc: “That’s my kind of stock. … That’s exactly what I’m looking for.”
• Hess Corp: “I would actually rather see you in Chevron.”
• AllianceBernstein Holding LP: “I think you possibly have a winner. Please don’t buy all at once, though.”
• STMicroelectronics NV: “I think it’s peaked already.”

Ticker: MRNA, OKTA, EME, HES, AB, STM

(6) [No Video Clip] Jim Cramer gives his take on Salesforce and the five activist investor firms with stakes in the company (https://www.cnbc.com/video/2023/02/09/jim-cramer-gives-his-take-on-salesforce-and-the-five-activist-investor-firms-with-stakes-in-the-company.html)

Cramer said that Elliott Management could create a ‘storm’ for Salesforce.

Other Stocks Discussed (calls with audience): CrowdStrike (CRWD) vs Palo Alto Networks (PANW) [PANW is my favorite, in my bullpen; both will go up, buy Palo Alto right here], Eli Lilly (LLY), Conagra Brands (CAG) [whole segment has been crushed, great place to start buying but not buy all at once], Netflix (NFLX), Penn National (PENN)

Ref: Links to other sites that relate to episode of February 9, 2023

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

Disclaimer

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