Mad Money: Key points from February 24, 2023 (Friday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, February 24, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(１) Fed’s favorite inflation indicator comes in hot (https://www.cnbc.com/video/2023/02/24/feds-favorite-inflation-indicator-comes-in-hot.html)

Mad Money host Jim Cramer discusses companies reporting earnings next week and the stocks he’s watching most closely.

(２) [No Video Clip] Executive Interview: We can decarbonize 25% of greenhouse gases, says Trane CEO Dave Regnery (https://www.cnbc.com/video/2023/02/24/we-can-decarbonize-25percent-of-greenhouse-gases-says-trane-ceo-dave-regnery.html)

Mad Money host Jim Cramer talks to Trane Technologies CEO David Regnery about the company’s earnings and how they continue to work toward decarbonization and sustainability.

Ticker: TT

(3) [No Video Clip] Executive Interview:We’re a utility company, but we’re really in the economic development business, says AEP CEO Julie Sloat (https://www.cnbc.com/video/2023/02/24/were-a-utility-company-but-were-really-in-the-economic-development-business-says-aep-ceo-julie-sloat.html)

Mad Money host Jim Cramer speaks with American Electric Power CEO Julie Sloat about her Ohio-based utility and its operations from Virginia to Texas. Cramer sees it as a buying opportunity.

Ticker: AEP

(4) [No Video Clip] Executive Interview: Playing the travel and leisure boom with VICI Properties (https://www.cnbc.com/video/2023/02/24/playing-the-travel-and-leisure-boom-with-vici-properties.html)

Mad Money host Jim Cramer speaks to VICI Properties CEO Ed Pitoniak about the travel and leisure boom going on right now.

Ticker: VICI

(5) Lightning Round: I like PENN because gambling is hot again (https://www.cnbc.com/video/2023/02/24/lightning-round-i-like-penn-because-gambling-is-hot-again.html)

Mad Money host Jim Cramer takes calls on all manner of stocks, including Penn Entertainment, Novo Nordisk, Energy Transfer, Take-Two Interactive, Chewy, Palantir and Axcelis Technologies.

Ticker: PENN [I like the deal], NVO [stay on it], ET [buy buy buy], TTWO [not sell], CHWY [company need to be profitable, don’t buy yet], PLTR [big hat, no cattle], ACLS [want them to come to the show before opine]

(6) Jim Cramer says the six things needed for market stability didn’t happen this week (https://www.cnbc.com/2023/02/24/jim-cramer-the-6-things-needed-for-market-stability-didnt-happen.html)

• CNBC’s Jim Cramer on Friday said that only one of the six items on his checklist for market stability happened this week.
• This was the worst week of 2023 for all of the market’s major averages.

“Eyeing the end of the sale – Cramer’s checklist

• Long-term interest rates need to stabilize
• Super expensive stocks need to go lower
• Recession-resistant stocks need to see buying interest
• The banks need to stabilize
• We need to see winners & losers in the retail sector
• The S&P oscillator needs to become more oversold”

Other Stocks Discussed (calls with audience): Expedia (EXPE) [could be go much higher], Disney (DIS), GE Healthcare (GEHC) [take a half off from the table]

Ref: Links to other sites that relate to episode of February 24, 2023

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

Disclaimer

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