Mad Money: Key points from September 15, 2023 (Friday) Episode

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

(1) Cramer’s week ahead: Pay attention to the Federal Reserve’s meeting (https://www.cnbc.com/2023/09/15/cramers-week-ahead-pay-attention-to-the-federal-reserves-meeting.html)

• CNBC’s Jim Cramer on Friday gave investors insight into what they should focus on during the week ahead.
• Cramer highlighted the Federal Reserve’s meeting, a Disney summit and earnings reports from companies like Darden, FedEx, General Mills and AutoZone.

(2) Executive Interviews: Okta CEO on MGM breach: Companies are under ‘massive attack from cybercriminals’ (https://www.cnbc.com/2023/09/15/okta-ceo-on-mgm-breach-companies-under-attack-from-cybercriminals.html)

• Todd McKinnon, CEO of Okta, told CNBC’s Jim Cramer that all companies are under significant attack from cybercriminals.
• MGM Resorts, an Okta client, faced a major cybersecurity incident that significantly disrupted the company’s properties across the country.
• McKinnon stated that the Okta system and products are not breached.

Ticker: OKTA

(3) [No Video Clip for non-Club Member] Bullish analysts around YouTube make some compelling arguments, says Jim Cramer (https://www.cnbc.com/video/2023/09/15/bullish-analysts-around-youtube-make-some-compelling-arguments-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks Google’s parent company alphabet, it’s AI exposure, bullishness around subsidiary YouTube and more.

Ticker: GOOGL

(4) Cruise CEO Kyle Vogt: Autonomous vehicle tech is no longer novel to the people of San Francisco (https://www.cnbc.com/video/2023/09/15/cruise-ceo-kyle-vogt-autonomous-vehicle-tech-is-no-longer-novel-to-the-people-of-san-francisco.html)

Kyle Vogt, Cruise co-founder, president and CEO, joins ‘Mad Money’ host Jim Cramer to drive around San Francisco in an autonomous car.

(5) Cramer’s Lightning Round: Sell Joby Aviation (https://www.cnbc.com/2023/09/15/cramers-lightning-round-sell-joby-aviation.html)

• Schlumberger: Schlumberger is very, very good…I have to tell you, I like SLB very, very much, it’s a great company.”
• Avnet: “I share your frustration, I think the stock is too cheap. I like it, it’s got a very low price to earnings multiple, it’s very profitable. I think you hold onto it.”
• Sea: “I think it’s too dicey…I want to stay away.”
• Joby Aviation: “We’re not recommending any companies that are losing money hand over fist like Joby. I’m going to say you should sell, sell sell.”
• Discover Financial: “I just think that in the end, I would like to go with best of breed, even though that stock seems very cheap, which puts us in the realm of owning Mastercard.”
• Verizon: “The company is just a bond and not a very good bond, and you can get 7% elsewhere.”

SLB [Charitable trust sold HAL], AVT, SE [stay away], JOBY [sell sell sell], DFS, VZ

(6) [No Video Clip for non-Club Member] Jim Cramer talks inflation in the housing market and where the market is heading (https://www.cnbc.com/video/2023/09/15/jim-cramer-talks-inflation-in-the-housing-market-and-where-the-market-is-heading.html)

‘Mad Money’ host Jim Cramer talks the housing market seeing a drop in purchasing, where real estate is going and why current trends are a good sign for the Federal Reserve.

Ticker: LEN

Other Stocks Discussed (Calls with Audiences): DexCom (DXCM) [down a lot but still be careful], Enphase Energy (ENPH) [do with first solar], Netflix (NFLX) [good buying opportunity but I like DIS more], Fair Isaac Corporation (FICO) [I like it]

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

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

Disclaimer

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