Mad Money: Key points from May 1, 2023 (Monday) Episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, May 1, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) This earnings season has been ‘pretty darn good’ and several companies stand out, Jim Cramer says (https://www.cnbc.com/2023/05/01/jim-cramer-several-companies-stand-out-this-earnings-season.html)

• After getting earnings from two-thirds of Dow Industrials, it shouldn’t come as a surprise that the market is so high, Jim Cramer said.
• “This was supposed to be a bad earnings season, but it’s been pretty darn good,” he said on Monday.

Earning scoreboard – Dow Components –

• Great – AXP, BA, CAT, XON, CVX, KO, HON, JNJ, MCD, MRK, MSFT, JPM, PG [Charitable Trust owns PG], VZ, UNH [I like HUM better which is owned by Charitable Trust],  V
• Okay – DOW, INTC, MMM, TRV
• More work to do – AMGN, GS, IBM

“Bottom Line: We’ve had a lot of wins, & Not too many losses so far during earnings season.”

(2) [No Video Clip for Non-Club Member] Jim Cramer breaks down earnings results from Big Tech titans with new stock group: M.A.M.A. (https://www.cnbc.com/video/2023/05/01/jim-cramer-breaks-down-earnings-results-from-big-tech-titans-with-new-stock-group-mama.html)

‘Mad Money’ host introduces ‘M.A.M.A.’ to group together earnings from Big Tech titans Microsoft, Alphabet, Meta, and Amazon.

Ticker: MSFT, GOOGL, META, AMZN

“Bottom Line: I think MSFT was best, beating META by a nose, GOOGL behind and AMZN last.”

(3) [No Video Clip for Non-Club Member] Off-the-Chart: Jim Cramer talks the pros and cons of Disney ahead of quarterly earnings report (https://www.cnbc.com/video/2023/05/01/jim-cramer-talks-the-pros-and-cons-of-disney-ahead-of-quarterly-earnings-report.html)

‘Mad Money’ host Jim Cramer weighs the pros and cons of Disney’s stock ahead of the company’s quarterly earnings report.

Ticker: DIS [owned by Charitable trust]

“Bottom Line: The charts suggest DIS could be heading for a breakout to the upside … Might be worth getting into ahead of earnings.”

(4) [No Video Clip for Non-Club Member] ResMed CEO Mick Farrell goes one-on-one with Jim Cramer to discuss quarterly results (https://www.cnbc.com/video/2023/05/01/resmed-ceo-mick-farrell-goes-one-on-one-with-jim-cramer-to-discuss-quarterly-results.html)

ResMed CEO Mick Farrell joins ‘Mad Money’ host CEO to discuss quarterly growth, supply chain issues, and the companies outlook for the future.

Ticker: RMD

(5) Lightning Round: Too many EV competitors is bad news for NIO (https://www.cnbc.com/video/2023/05/01/lightning-round-too-many-ev-competitors-is-bad-news-for-nio.html)

“Mad Money” host Jim Cramer weighs in on stocks, including NIO, BHP Group, Edwards Lifesciences, Palantir, M&T Bank, Zim, and Bunge.

Ticker: NIO [I’m not a fan of Chinese stocks], BHP [buy buy buy], EW [They just had their first good quarter, I don’t think you want to bail on them now], PLTR [I don’t think it’s going to go far at all], MTB [a good bank], ZIM [stay away from the group including that one], BG [If you want to be in that filed, we do not want to be in BG, we want to be in DE]

(6)[No Video Clip for Non-Club Member] JPMorgan’s acquisition of First Republic Bank is a win-win-win scenario, says Jim Cramer (https://www.cnbc.com/video/2023/05/01/jpmorgans-acquisition-of-first-republic-bank-is-a-win-win-win-scenario-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer breaks down the big winners of JPMorgan acquisition of First Republic Bank.

Other Stocks Discussed (calls with audience): PayPal (PYPL) [don’t buy], The E.W. Scripps Company (SSP) [cannot give a thumbs up], TopGolf Callaway Brands (MODG) [terrific idea]

Ref: Links to other sites that relate to episode of May 1, 2023

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

Disclaimer

****************************