Mad Money: Key points from October 1, 2024 (Tuesday) Episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Tuesday, October 1, 2024.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Cramer reviews the S&P 500′s top ten performers during the third quarter (https://www.cnbc.com/2024/10/01/cramer-reviews-the-sp-500s-top-performers-during-the-third-quarter.html)

• On Tuesday, CNBC’s Jim Cramer told investors to remember the market’s solid performance over the past quarter, suggesting things have broadened considerably beyond Big Tech.
• He reviewed the top performers on the S&P 500 over the past three months, including Kellanova, GE Vernova and Palantir.

Ticker: ERIE,  GEV, PLTR, MHK, BLDR, K, CBRE, VST, SWK, AXON

(2) Executive Interview: Chipotle CSO Jack Hartung says there’s ‘macro resistance’ to inflation from California consumers (https://www.cnbc.com/2024/10/01/chipotle-cso-talks-macro-resistance-to-inflation-in-california.html)

• In a Tuesday interview with CNBC’s Jim Cramer, Chipotle CSO Jack Hartung discussed business in California since the burrito-maker upped prices in April, saying there’s “macro resistance” from consumers to inflation across the industry.
• “Our read on California is less about resistance to our price increase, and it’s more of a macro impact,” Hartung said. “Because when you look at the restaurant industry, the restaurant transactions are down for everybody.”

Ticker: CMG

(3) Q3 was an important turnaround for us, says McCormick CEO Brendan Foley (https://www.cnbc.com/video/2024/10/01/q3-was-an-important-turnaround-for-us-says-mccormick-ceo-brendan-foley.html)

McCormick President and CEO Brendan Foley joins ‘Mad Money’ host Jim Cramer to talk quarterly results, its portfolio offerings and more.

Ticker: MKC

(4) [No Video Clip for non-Club members] Executive Interview: Signet Jewelers CEO Gina Drosos goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2024/10/01/signet-jewelers-ceo-gina-drosos-goes-one-on-one-with-jim-cramer.html)

Signet Jewelers CEO Gina Drosos joins ‘Mad Money’ host Jim Cramer to talk quarterly results, consumer trends, its executive team, and more.

Ticker: SIG

(5) Cramer’s Lightning Round: McKesson is a buy (https://www.cnbc.com/2024/10/01/cramers-lightning-round-mckesson-is-a-buy.html)

• Nano Nuclear Energy: “Let’s just be honest…That company loses a lot of money.”
• McKesson: “It’s time to buy it…I’m ready to start buying, don’t buy all at once.”
• Diamondback Energy: “Diamondback’s a little too much oil for me.”
• Littelfuse: ”…It’s got a huge multiple for its growth rate, and that is worrisome to me. I’m going to have to say we got to come back with something that is less expensive.”
• Archer-Daniels-Midland: “I think it is a value trap.”

Ticker: NNE, MCK, FANG, LFUS, ADM

(6) [No Video Clip for non-Club members] Jim Cramer breaks down the S&P 500′s worst performers in Q3 (https://www.cnbc.com/video/2024/10/01/jim-cramer-breaks-down-the-sp-500s-worst-performers-in-q3.html)

‘Mad Money’ host Jim Cramer takes a look at the worst performing S&P 500 stocks in Q3.

Ref: Links to other sites that relate to episode of October 1, 2024

• Podcast at Spotify (Sound from Spotify）
• Internet Archive (Video & Texts per minute）

Disclaimer

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