Mad Money: Key points from March 15, 2023 (Wednesday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, March 15, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) As bank crisis spreads, Cramer says the Fed may need to take drastic measures (https://www.cnbc.com/2023/03/15/cramer-federal-reserve-may-need-to-take-drastic-measures-.html)

• CNBC’s Jim Cramer on Wednesday said the Federal Reserve may need to take drastic moves at next week’s meeting, which may be “fantastic” for your portfolio.
• However, it’s too early to say if the Fed’s moves will outweigh the negative effects of the growing banking crisis.

(2) [No Video Clip for non-club member] It’s time to buy drug stocks, says Cramer (https://www.cnbc.com/video/2023/03/15/its-time-to-buy-drug-stocks-says-cramer.html)

Mad Money host Jim Cramer explains why he believes now is the time to buy drug stocks, like Bristol-Myers

Ticker: BMY

Cyclicals that could work in a downturn: (i) China, (ii) Semiconductors now that inventory glut is over, (iii) aerospace, (iv) Federal trough, (v) Cybersecurity

(3) Executive Interview: Ryan Reynolds explains sale of Mint Mobile to T-Mobile (https://www.cnbc.com/video/2023/03/15/ryan-reynolds-explains-sale-of-mint-mobile-to-t-mobile.html)

Mad Money host Jim Cramer talks to Mint Mobile’s Ryan Reynolds and T-Mobile CEO Mike Sievert about the latter’s acquisition of Mint Mobile and Ultra Mobile, two value-oriented brands, for up to $1.35 billion in cash and stock.

Ticker: TMUS

(4) [No Video Clip for non-club member] Executive Interview: Will Adobe’s magnificent quarter be missed by investors focused on banks? (https://www.cnbc.com/video/2023/03/15/will-adobes-magnificent-quarter-be-missed-by-investors-focused-on-banks.html)

Mad Money host Jim Cramer talks to Adobe CEO Santanu Narayen about his company’s blowout earnings and what comes next for the company.

Ticker: ADBE

(5) Lightning Round: We’re not gonna recommend an stocks that are oozing big money (https://www.cnbc.com/video/2023/03/15/lightning-round-were-not-gonna-recommend-an-stocks-that-are-oozing-big-money.html)

Mad Money host Jim Cramer weighs in on all manner of stocks, including Vir Biotechnology, Pfizer, Seagen and Origin Material

Ticker: VIR [not recommend any stock that lose money], PFE [4% not go wrong, take PFE], ORGN [losing money, too bullish, its SPAC]

(6) [No Video Clip] Ripple effects of SLB’s collapse

Other Stocks Discussed (calls with audience): 3M (MMM) [I am very concerned about 3M], Bank of America (BAC) [should not be worried about but in a hated group; not recommending now although great company and down a lot]

Ref: Links to other sites that relate to episode of March 15, 2023

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

Disclaimer

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