Mad Money: Key points from November 20, 2023 (Monday)

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, November 20, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer says mergers and acquisitions could be the ‘potential savior’ for much of the market (https://www.cnbc.com/2023/11/20/cramer-mergers-and-acquisitions-could-be-markets-potential-savior.html)

• CNBC’s Jim Cramer on Monday said mergers could lead to stock gains outside of the “Magnificent Seven.”
• He also said the Federal Trade Commission is making it difficult for mergers and acquisitions to actually receive approval.

(2) [No Video Clip for non-Club Member] I thought Target couldn’t compete in this environment, but it changed the narrative, says Jim Cramer (https://www.cnbc.com/video/2023/11/20/i-thought-target-couldnt-compete-in-this-environment-but-it-changed-the-narrative-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer rounds up the recent slate of retail earnings and what they say about the consumer.

Ticker: HD , TGT, TJX [owns for charitable trust], M, WMT, GPS, WSM,

(3) [No Video Clip for non-Club Member] Jim Cramer talks what to expect from this week’s retail earnings (https://www.cnbc.com/video/2023/11/20/jim-cramer-talks-what-to-expect-from-this-weeks-retail-earnings.html)

‘Mad Money’ host Jim Cramer looks ahead to this weeks slate of retail earnings.

Ticker: LOW, BBY, DKS, BURL, KSS, JWN, CASY

(4) [No Video Clip for non-Club Member] Jim Cramer conjures market magic with Oz The Mentalist(https://www.cnbc.com/video/2023/11/20/jim-cramer-conjures-market-magic-with-oz-the-mentalist.html)

‘Mad Money’ host Jim Cramer brings out Oz The Mentalist for some Mad Money market magic.

(5) Cramer’s Lightning Round: ‘Buy Toyota’ (https://www.cnbc.com/2023/11/20/cramers-lightning-round-buy-toyota.html)

• SL Green Realty: “If you’re going to be in that group, you got to be in BXP. That’s the safest one…I don’t like how that one has too much exposure to the, you know, this office commercial properties that I’ve been so worried about.”
• Lucid: “No, no. We like Rivian.”
• Schlumberger: “I like SLB very much.”
• Toyota: “I’ve been looking at Toyota and thinking, ‘why don’t I recommend that stock’? It just goes up and up…I think it’s a really good call. Buy Toyota.”
• Conagra: “Conagra is being hurt by this GLP thing, but it’s got a 5% yield. I’m confident they’re going to have a decent quarter.”
• Cboe: “Cboe is fantastic. I mean, these companies coin money, and they’re very well-run, and that is a buy, even up here.”
• Twist Bioscience: “This is a very, very speculative genomics play. I have not made a lot of money in my career betting on genomics.”
• Boise Cascade: “Boise Cascade is a great company, and I think that you have correctly understood how well it’s done…This Boise Cascade is a fantastic play on housing, on building.”
• Xcel Energy: ”…Excel Energy seems like a pretty good stock.”
• Sirius XM: “I am very concerned that this is no longer the stock that we knew it as. It’s become a play on used cars, if anything, and I can’t go there. That’s not enough to hang my hat on.”
• Nice: ”…Nice has always been a good franchise.”
• Gaming and Leisure Properties: “No. The only casino company I like right now is Wynn.”

Ticker: SLG, LCID [we like RIVN], SLB [buy buy buy], TM, CAG, CBOE [buy], TWST, BCC, XEL, SIRI, NICE, GLPI

(6) Cramer examines OpenAI shakeup, says Microsoft made the right call (https://www.cnbc.com/2023/11/20/cramer-examines-openai-shakeup-says-microsoft-made-the-right-call.html)

• CNBC’s Jim Cramer on Monday considered the recent strife at OpenAI, the popular AI startup known for ChatGPT, that abruptly ousted its CEO Sam Altman on Friday.
• Days after Altman was fired, Microsoft announced they’d offered him a role leading the company’s AI research team.

Ticker: MSFT

Other Stocks Discussed (Calls with Audiences): Sofi (SOFI) [strength is not reflected in its stock, it will be one day], Eagle Materials (EXP) [it should be, buy buy buy], The Charles Schwab Corporation (SCHW) [too cheap], Casey’s General (CASY) [buy buy buy], Leslie’s (LESL) [will research, cannot believe it is $5 now]

Ref: Links to other sites that relate to episode of November 20, 2023

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

Disclaimer

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