Mad Money: Key points from November 16, 2023 (Thursday)

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, November 16, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer says the Fed’s efforts to squash inflation are now hurting stocks like Walmart (https://www.cnbc.com/2023/11/16/cramer-feds-efforts-to-squash-inflation-are-hurting-walmart-others.html)

• Jim Cramer said the Federal Reserve’s campaign to squash inflation is a long-term win for the U.S. economy.
• However, companies like Walmart and Palo Alto Networks are now paying the price, he explained Thursday.
• “The good news of lower prices finally breaking the inflationary spiral is also bad news for the profits of many companies,” Cramer said.

Ticker: WMT, TGT, PANW, MSFT

(2) Executive Interview: A lot of industrial development in the Southeast is in our network, says CSX CEO Joe Hinrichs (https://www.cnbc.com/video/2023/11/16/a-lot-of-industrial-development-in-the-southeast-is-in-our-network-says-csx-ceo-joe-hinrichs.html)

CSX President and CEO Joe Hinrichs joins ‘Mad Money’ host Jim Cramer to talk quarterly results, export pricing, growth opportunities and more.

Ticker: CSX

(3) Executive Interview: Jim Cramer says buy On Holding shares despite Wall Street’s confused reaction to earnings (https://www.cnbc.com/2023/11/16/cramer-on-holding-is-a-buy-despite-the-confused-earnings-reaction.html)

• CNBC’s Jim Cramer said Wall Street is misjudging On Holding’s quarterly results.
• He said Thursday that investors with a long-term horizon should step in and buy shares.

Ticker: ONON [charitable trust owns FL]

(4) Executive Interview: We’re 85% single-source with our customers, says SiTime CEO Rajesh Vashist (https://www.cnbc.com/video/2023/11/16/were-85percent-single-source-with-our-customers-says-sitime-ceo-rajesh-vashist.html)

SiTime Corporation Chairman, President and CEO Rajesh Vashist joins ‘Mad Money’ host Jim Cramer to talk the timing chip sector, its China business, its supply chain and more.

Ticker: SITM

(5) Cramer’s lightning round: Archer Aviation is ‘way too speculative for me’ (https://www.cnbc.com/2023/11/16/cramers-lightning-round-archer-aviation-is-way-too-speculative-for-me.html)

• Archer Aviation: “This one is way too speculative for me. It’s going to have to be on your dime.”
• SolarEdge Technologies: “This thing has come down a lot … but I’ve been staying stay from the solar stocks.”
• Arbor Realty Trust: “I’m going to have to say hard pass.”
• Liberty Media: “Yes. [Buy, buy, buy].”
• Block Inc: “I think they had a good quarter. My problem with it is I like the Mastercards and the Visas now. We’re getting away from the crazy fintech’s of old. We like the fintech’s of new.”
• Philip Morris International: ”[If you’re not happy with the company], well, then you sell it. I don’t recommend tobacco stocks.”
• Becton Dickinson: “If you bought it after that big shortfall, I think you’ll be fine. The company is very reactive, and it will fix the situation, so I think you’ll be OK.”

Ticker: ACHR, SEDG, ABR, FWONA, SQ, PM, BDX

(6) [No Video Clip for non-Club Member] FedEx needs China’s help to reach bigger numbers, says Jim Cramer (https://www.cnbc.com/video/2023/11/16/fedex-needs-chinas-help-to-reach-bigger-numbers-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks the impact of this week’s China summit on U.S. businesses.

A seat at the table: Tech (AAPL. AVGO, QCOM), Industrials (BA, HON), Consumer (NIKE, LVS, BABA) Transport (FDX), Pharma (PFE, TMO [Chartable trust holds DHR], GILD), Financials (CB, BLK, BX, KKR), FinTech (V, MA)

Other Stocks Discussed (Calls with Audiences): FedEx (FDX) [I will be a buyer, right here right now], NVDIA (NVDA) [go for it], Booking (BKNG) [], Frontier Group (ULCC) [], Draftking (DKNG) [wait for a pullback, if it pullback buy buy buy],  Etsy (ETSY) [It is turning, but not enough evidence, buy buy buy]

Ref: Links to other sites that relate to episode of November 16, 2023

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

Disclaimer

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