Mad Money: Key points from October 6, 2023 (Friday)

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, October 6, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer’s week ahead: Earnings season kicks off with Domino’s, Walgreens and PepsiCo (https://www.cnbc.com/2023/10/06/cramers-week-ahead-dominos-walgreens-and-pepsico-earnings.html)

• CNBC’s Jim Cramer on Friday told investors what to focus on going into the week ahead, emphasizing the start of earnings season.
• Cramer said he’ll be paying attention to numerous reports including PepsiCo, Domino’s and Walgreens, along with financial services companies Citigroup, JPMorgan Chase, BlackRock and Wells Fargo.

(2) [No Video Clip for non-Club Member] Jim Cramer takes a closer look at stocks that could be impacted by weight-loss drugs

‘Mad Money’ host Jim Cramer takes a closer look at the impact of weight loss drugs on different sectors.

 

(3) Jim Cramer analyzes Kellogg’s Kellanova split, says investors should ‘sit these ones out’ (https://www.cnbc.com/2023/10/06/cramer-on-kelloggs-kellanova-split-investors-should-sit-these-ones-out.html)

• CNBC’s Jim Cramer on Friday analyzed Kellogg’s split into two companies, Kellanova and WK Kellogg, telling investors not to buy just yet.
• Kellanova is focused on snacks while WK Kellogg centers on the brand’s iconic cereal business.

Ticker: KLG, K

(4) [No Video Clip for non-Club Member] Executive Interview: RadNet CEO Howard Berger goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2023/10/06/radnet-ceo-howard-berger-goes-one-on-one-with-jim-cramer.html)

RadNet CEO Howard Berger sits down with ‘Mad Money’ host Jim Cramer to talk utelizing AI to detect cancer.

Ticker: RDNT

(5) Cramer’s Lightning Round: Blackstone is ‘too much of a black box’ (https://www.cnbc.com/2023/10/06/cramers-lightning-round-blackstone-is-too-much-of-a-black-box.html)

• Blackstone: “ am tempted to say yes because I like Blackstone, but the problem is I don’t know what’s in the trust. So, therefore, it’s too much of a black box for me, so I’m not going to go for it.”
• Sunrun: “The solar stocks are tricky, and I’m not recommending any stocks on Mad Money of companies that are losing money. It’s just too hard these days.”
• Extra Space: “No, no. If I’m going to be there, I’m going to be in PSA. PSA is the better of those two.”
• Fifth Third: “No, we can’t. I mean, as good as Fifth Third is, we can’t. And the reason we can’t is because the regional banks are about to report, and I don’t think the numbers are going to go up, I think the numbers are going to go down, so therefore it won’t work.”
• Dominion Energy: “You know, look. It’s not that well-run to begin with…I am concerned about the dividends, so I’m going to take a hard pass on Dominion.”
• FMC: “It’s a great ag play, it really is. And I think that it’s one of those feed the world plays that is out of step with the market, but we’re always going to have to feed the world, I like FMC.”
• BP: “No, I don’t want you in BP…I like the independents in the Permian, that’s the way to go.”
• Paramount: “That is the balance sheet from Hades, my friend, and we’re not going to go with it.”

Ticker: BX, RUN, EXR, FITB, D, FMC, BP, PARA

(6) [No Video Clip for non-Club Member]  Jim Cramer takes a closer look at viewer portfolios (https://www.cnbc.com/video/2023/10/06/jim-cramer-takes-a-closer-look-at-viewer-portfolios.html)

‘Mad Money’ host Jim Cramer takes a closer look at viewer portfolios and grades them on diversification.

• UNP, BA, MCD, T, WFC [charitable trust owns WHC] — perfect
• NVDA, GEHC, LLY, AMZN, PXD — excellent diversification
• PANW, LLY, PG, F, HBAN – blessing this portfolio
• EXN, DLA, DKNG, FCX, SMCI
• PEP, K, RL, SCHW, GOLD –> get rid of K, add LLY

Other Stocks Discussed (Calls with Audiences):Boeing (BA) [I am a believer], Thermo Fisher Scientific (TMO) [oversold, buy], Lithium Americas (LAC) , JM Smucker (SJM)

Ref: Links to other sites that relate to episode of October 6, 2023

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

Disclaimer

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