Mad Money: Key points from September 26, 2023 (Tuesday)

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Tuesday, September 26, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer suggests investors use market weakness as a buying opportunity, ties poor stock performance to high bond yields (https://www.cnbc.com/2023/09/26/cramer-suggests-using-market-weakness-as-a-buying-opportunity.html)

• CNBC’s Jim Cramer tied the stock market’s weakness to the increasing competition offered by U.S. government bonds.
• He suggested investors take advantage of this market weakness and buy stocks that can do well even in a higher yield environment.

 “The reasons to own stocks here

• Plenty of companies can excel in this environment
• Many stocks have declined more than they should relative to treasury yield
• Risk-free yields aren’t as attractive as some stocks
• The Fed will be able to get inflation under control”

(2) [No Video Clip for non-Club Member] Executive Interview: Confluent CEO Jay Kreps joins Jim Cramer to talk AI data streaming (https://www.cnbc.com/video/2023/09/26/confluent-ceo-jay-kreps-joins-jim-cramer-to-talk-ai-data-streaming.html)

Confluent CEO Jay Kreps joins ‘Mad Money’ host Jim Cramer to talk the AI boom, its latest data streaming service and more.

Ticker: CFLT

(3) Executive Interview: RBN Energy CEO says energy security is ‘top of mind’ after war in Ukraine (https://www.cnbc.com/2023/09/26/rbn-energy-ceo-says-energy-security-is-top-of-mind-after-war-ukraine.html)

• CEO of RBN Energy, Rusty Braziel, told CNBC’s Jim Cramer on Tuesday that energy security has been a priority for everyone involved in the oil industry since Russia’s war with Ukraine.
• “Things have changed, they’ve really changed since the Ukraine war in that energy security is now top of mind,” Braziel said.

(4) [No Video Clip for non-Club Member] Carrier CEO David Gitlin goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2023/09/26/carrier-ceo-david-gitlin-goes-one-on-one-with-jim-cramer.html)

Carrier CEO David Gitlin joins ‘Mad Money’ host Jim Cramer to talk recent acquisitions, government incentives, the EV transition and more.

Ticker: CARR

(5) Cramer’s Lightning Round: Boston Scientific is ‘best in show’ (https://www.cnbc.com/2023/09/26/cramers-lightning-round-boston-scientific-is-best-in-show.html)

• Devon Energy: “I think the stock is low enough, it had a bad quarter, it’s being punished endlessly, that’s wrong.”
• Fiverr: “It’s a nice online marketplace, but it’s not making money, and this market will not buy or take any company that’s not making money.”
• Transmedics: “It’s a market that says, if the company is losing money, unless it gets a bid in the biotech business, we’re going to send it lower for now.”
• Boston Scientific: “This is just such a good company…BSX is the best in show.”
• Uranium Energy: “You’ve got a very good spec in UEC.”
• Paramount: “The entertainment stocks are so hated. I think you might be able to get this thing two points, three points lower, but it’s not expensive anymore.”

Ticker: DVN, TMDX, , BSX, UEC, PARA,

(6) Cramer says Amazon and Google stocks are still buys, despite antitrust lawsuits (https://www.cnbc.com/2023/09/26/cramer-amazon-and-google-stocks-are-still-buys-despite-lawsuits.html)

• CNBC’s Jim Cramer on Tuesday shared his opinions on two antitrust lawsuits involving Amazon and Alphabet-owned Google, arguing that neither company is a true monopoly.
• The U.S. government has sued the tech giants alleging violations of anti-monopoly law.

Ticker: GOOGL, AMZN

Other Stocks Discussed (Calls with Audiences): e.l.f. Beauty (ELF) [sell sell sell], Axon Enterprise (AXON) [buy buy buy], The Estée Lauder (EL) [hold on buy], Bowlero Corp (BOWL) [will go lower, gilt by association]

Ref: Links to other sites that relate to episode of September 26, 2023

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

Disclaimer

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