Mad Money: Key points from May 15, 2023 (Monday) Episode

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

(1) Jim Cramer expects defensive stocks to be resilient as debt ceiling talks drag on (https://www.cnbc.com/2023/05/15/cramer-defense-stocks-should-be-resilient-as-debt-ceiling-talks-drag.html)

• CNBC’s Jim Cramer said Monday to put faith in defensive stocks like health care, discount stores and natural gas.
• Cramer is looking to a similar debt limit impasse in 2011 for guidance, but he says it’s not as simple as pinpointing the stocks that rallied in the past.

Stocks that worked during the 2011 debt ceiling showdown: OKE, ROST [charitable trust own TJX], CMG [buy buy buy], HUM [charitable trust owns HUM], MA [buy bub buy], BIIB [unlikely to repeat 2011 run], LLY, ISRG [buy buy buy]

(2) [No Video Clip or non-Club Member] Executive Interview; Jacobs Solutions CEO Bob Pragada goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2023/05/15/jacobs-solutions-ceo-bob-pragada-goes-one-on-one-with-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks with Jacobs Solutions CEO Bob Pragada on the decision to break up the company, government funding in infrastructure, and more.

Ticker: J [I like the core J business]

(3) [No Video Clip or non-Club Member] Off-the-Chart: The NASDAQ’s MACD line is approaching bullish territory, says Jim Cramer (https://www.cnbc.com/video/2023/05/15/the-nasdaqs-macd-line-is-approaching-bullish-territory-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer breaks down the NASDAQ MACD line and why it might be a good omen in a turbulent market.

(4) [No Video Clip or non-Club Member] Executive Interview: Planet Fitness CEO Chris Rondeau joins Jim Cramer to talk quarterly results (https://www.cnbc.com/video/2023/05/15/planet-fitness-ceo-chris-rondeau-joins-jim-cramer-to-talk-quarterly-results.html)

Planet Fitness CEO Chris Rondeau joins Jim Cramer to talk quarterly results, customer trends, and more.

Ticker: PLNT

(5) Cramer’s Lightning Round: I am not a believer in Coinbase (https://www.cnbc.com/2023/05/15/cramers-lightning-round.html)

• Chewy: “They are pivoting in a way that makes me feel that they have got the right numbers. I am excited about the fact that they have got religion about making money too.”
• Enterprise Products Partners: “They are the foremost natural gas liquids pipeline in the country, and after what I saw today with Magellangetting a bit from Oneok, I’m liking Enterprise even more.”
• Coinbase Global: “I’m not a believer in Coinbase because I don’t like companies that pick fights with the SEC, it’s just too hard. The SEC plays with unlimited capital and they’re not to be trifled with.”
• Triple Flag Precious Metals: “I like that company so much, I think it’s terrific, and I do like the precious metals. By the way Newmont deal, there is so much happening in the gold world that I like so much right now.”
• GSK PLC: “I think Dame Emma Walmsley is putting together a very good suite of vaccines that will reflect very well on the company’s future earnings power. I’m going to say you can buy GSK.”
• Amgen: “It’s an inexpensive stock, but it’s inexpensive for a reason. It doesn’t have the earnings power that I really want. I think the company needs a bit of a shake-up, there are so many other pharmaceutical companies that I like more. I’m going to have to send you to Eli Lilly.”
• IONQ: “It’s intriguing, but it’s losing money, and I remember Jensen Huang first telling me, ‘listen, quantum computing is where it will be, but it’s not there yet.’ This company is losing too much money for me to be able to get behind, but I do like your sentiment. There will come a time, but not yet.”
• Snowflake: “Snowflake is kind of a rent-the-runway of the cloud, and I think they’re terrific at it. I will back Frank Slootman, even though the company’s not currently making money, I’ll wave my rules and say, ’buy Snowflake.”

Ticker: CHWY [buy buy buy], EPD [buy, buy buy], COIN [not a believer, fighting with SEC], TFPM [buy buy buy], GSK [buy buy buy], AMGN [buy LLY], IONG [losing money, I do like the sentiment but not yet], SO [still prefer AEP] , SNOW [buy SNOW]

(6) [No Video Clip or non-Club Member] Jim Cramer says Amazon may be an overlooked player in the A.I. space (https://www.cnbc.com/video/2023/05/15/jim-cramer-says-amazon-may-be-an-overlooked-player-in-the-ai-space.html)

‘Mad Money’ host Jim Cramer talkes Amazon being underplayed in the A.I. space.

Ticker: AMZN

Other Stocks Discussed (calls with audience): Hostess Brands (TWNK) [It is a buy], Goodyear Tire (GT) [If the stock comes down, I will pull the trigger], BRK.B [buy buy buy]  ADBE [I will be with ADBE not against, They will be just fine], Robinhood (HOOD) [I like what they are doing, but that is not necessary means the sock go higher], PFE or BMY [go with BMY, I like anti-cancer of BMY]

参考: この日の放送に関するその他のサイトへのリンク 

• Google Podcast (音声）

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

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

Disclaimer

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