Mad Money: Key points from December 6, 2023 (Wednesday) Episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, December 5, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

Broadcasted from Seattle (Amazon headquarters)

(1) Cramer says decline in commodity pricing could send some stocks higher (https://www.cnbc.com/2023/12/06/cramer-says-decline-in-commodity-pricing-could-send-some-stocks-higher.html)

• CNBC’s Jim Cramer on Wednesday told investors he sees reasons to be optimistic about declining commodity costs.
• To Cramer, a decrease in the price of commodities indicates inflation is under control and interest rates can come down, leading to gains for consumer discretionary stocks like Amazon.

Ticker: AMZN, TOL

(2) [No Video Clip for non-Club Member] The Magnificent 7 companies all have ‘moats’, says Jim Cramer (https://www.cnbc.com/video/2023/12/06/the-magnificent-7-companies-all-have-moats-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer sizes up the Magnificent 7.

(３) [No Video Clip for non-Club Member] It’s wrong to say Smucker has fully turned the page on weight-loss drug worries, says Jim Cramer (https://www.cnbc.com/video/2023/12/06/its-wrong-to-say-smucker-has-fully-turned-the-page-on-weight-loss-drug-worries-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer digs into J.M. Smucker’s earnings and looks at the companies response to the recent weight-loss drug craze.

Ticker: SJM

(4) & (5) Executive Interview: Amazon CEO explains how company carries out same-day delivery (https://www.cnbc.com/2023/12/06/amazon-ceo-explains-how-company-carries-out-same-day-delivery.html)

• Amazon CEO Andy Jassy explained how the company is able to deliver so many shipments to customers on the same day the order is placed.
• According to Jassy, Amazon has found that delivery speed meaningfully changes customers’ conversion rates and the rate at which they’re willing to buy.

Ticker: AMZN

(6) Cramer’s Lightning Round: ‘No’ to Upwork (https://www.cnbc.com/2023/12/06/cramers-lightning-round-no-to-upwork.html)

• SoFi: “I like it very much.”
• Sibanye Stillwater: “No…When we’re going to go down there, we’re just going to buy GOLD. Because we can’t fool around with bad operators.”
• Upwork: “No, I don’t want to buy an online recruiter right now. If we’re going to have a slowdown in jobs, if we get a Friday number that’s weaker, we’re going to say why do we own that stock.”
• CleanSpark: “Listen, when we want to buy cryptocurrency, what we do is we buy cryptocurrency. We just go right in there, and we buy Bitcoin. Simple.”

Ticker: SOFI, SBSW, UPWK, CLSK,

Other Stocks Discussed (Calls with Audiences): Bank of America (BAC) [too cheap], Lyft (LYFT) [good], SentinelOne (S), McCormick & Company (MKC) [too expensive]

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

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

Disclaimer

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