Mad Money: Key points from May 11, 2023 (Thursday) Episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, May 11, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) With debt crisis looming, look to these names and sectors, Jim Cramer says (https://www.cnbc.com/2023/05/11/jim-cramer-with-debt-crisis-looming-look-to-these-names-and-sectors.html)

• There are a few key sectors that were robust in 2011′s debt ceiling crisis and could be strong if we encounter another one this year, CNBC’s Jim Cramer said.
• Consumer products, food, tech and drug names all have potential upside in the event of a debt crisis, he said.

Sectors that can weather the Debt Crisis Storm based on what bottomed first in 2011: (1) Drug Companies — LLY [chartable trust owns LLY]; (2) Consumer Products — KVUE, PEP, PG, MDLZ, CL, HSY; (3) Fast Food — MCD, Yum, Chipotle, RBI, Wendy’s; (4) Tech — MSFT, GOOGL, NVDA, META

(2) [No Video Clip for non-Club Member] Jim Cramer: latest Big Pharma spinoff, Kenvue, has promising start after IPO (https://www.cnbc.com/video/2023/05/11/jim-cramer-latest-big-pharma-spinoff-kenvue-has-promising-start-after-ipo.html)

‘Mad Money’ host Jim Cramer talks pros and cons of buying Kenvue, Johnston and Johnston’s new spinoff, after its big IPO.

Ticker: KVUE (spun off from JNJ, charitable trust owns JNJ; buy buy buy]

(3) [No Video Clip for non-Club Member] Off-the-Chart: Jim Cramer discusses timing cycles that can pinpoint where a market reversal might happen (https://www.cnbc.com/video/2023/05/11/jim-cramer-discusses-timing-cycles-that-can-pinpoint-where-a-markets-reversal-might-happen.html)

‘Mad Money’ host Jim Cramer discusses timing cycles and how they could identify where a reversal might happen.

Ticker: NFLX

(4) [No Video Clip] Executive Interview: Cramer’s digging into Brunswick

Ticker: BC

(5) Lightning Round: Icahn Enterprises is a battleground right now ‘it’s not for me’, says Jim Cramer (https://www.cnbc.com/video/2023/05/11/lightning-round-icahn-enterprises-is-a-battleground-right-now-its-not-for-me-says-jim-cramer.html)

Mad Money’ host Jim Cramer weighs in on stocks including: Amazon, Resmed, Inspire, Otter Tail, Icahn Enterprises, Roblox, and more.

Ticker: AMZN [good for long term, but not short term], INSP [very speculative situation, interesting but it is at a high], OTTR [I like utility, very good one], IEP [too hot, too hard, it is a battle ground, which is not for me], JAZZ [Iwill be staying away from these kinds of stock, Constellation Brands would be the one which the Club owns], GNRC [I recommended for a very long time, it’s been a down beat stock, it is not a stock to own right now, it will be going down which makes it even worse], ET [still buy, stick by], ORGN [too speculative], PSFE [any payment company I stop recommending, AAPL is the only wallet we need], RBLX [sell sell sell]

(6) [No Video Clip for non-Club Member] Executive fear is driving A.I. stocks performance, says Jim Cramer (https://www.cnbc.com/video/2023/05/11/executive-fear-is-driving-ai-stocks-performance-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer discusses how fear is driving A.I.’s explosion at the executive level.

Other Stocks Discussed (calls with audience): Ulta Beauty (ULTA) [recommending ULTA], Devon Energy (DVN) [I don’t want you to buy more, oil stocks are not doing well, wait until the debt ceiling issue is lifted], Huntington Bancshares Incorporated (HBAN) [I don’t recommend any regional banks during this crisis], General Motors (GM) [I cannot encourage, that’s why charitable trust owns Ford] , IBM (IBM) [the company does not have earning growth, I would like to see profitable growth], Zillow (Z) [I do not want to buy Zillow]

Ref: Links to other sites that relate to episode of May 11, 2023

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

Disclaimer

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