Mad Money: Key points from December 11, 2024 (Wednesday) Episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, December 11, 2024.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Jim Cramer explains why the biggest names in tech are rallying (https://www.cnbc.com/2024/12/11/jim-cramer-explains-why-the-biggest-names-in-tech-are-rallying.html)

• CNBC’s Jim Cramer suggested Wednesday’s record-breaking tech rally was bolstered by the promise of looser government regulations for the Magnificent Seven.
• “They’ve done well, and now with the antitrust regulators out of their hair, I expect even better returns,” he said. “At the very least, they only need to worry about innovation from other companies, not punishment from the Feds.”

Ticker: AAPL, AMZN, GOOGL, MSFT, NVDA, META, TSLA

(2) Executive Interview: Sempra CEO says investing in electricity is ‘the critical success factor’ to keep U.S. ahead on tech innovation (https://www.cnbc.com/2024/12/11/sempra-ceo-electricity-investing-critical-us-ahead-on-tech-innovation.html)

• In a Wednesday interview with CNCB’s Jim Cramer, Sempra CEO Jeffrey Martin described why he thinks the U.S.’s energy production capabilities are essential.
• “I believe today that America has a long term competitive advantage in technology and innovation. But the question in front of us…is can we keep it and maintain it as a country?” Martin said.
• “The critical success factor is, are we prepared to invest the capital to ramp up electricity production and expand and modernize the grid?”

Ticker: SRE

(3) [No Video Clip for non-Club members] Ollie’s is a legitmiate force in the off-price space, says Jim Cramer (https://www.cnbc.com/video/2024/12/11/ollies-is-a-legitmiate-force-in-the-off-price-space-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks low price retailer Ollie’s and how he would play the stock.

Ticker: OLLI

(4) [No Video Clip for non-Club members] Off-the-Chart: Jim Cramer on the potential for a Santa Claus rally (https://www.cnbc.com/video/2024/12/11/jim-cramer-on-the-potential-for-a-santa-claus-rally.html)

‘Mad Money’ host Jim Cramer hits the charts to see if a Santa Claus rally could lead the market into year-end.

(5) Cramer’s Lightning Round: Netflix is a buy (https://www.cnbc.com/2024/12/11/cramers-lightning-round-netflix-is-a-buy.html)

• Advanced Micro Devices: “It is absolutely true that they’re not doing as well as Nvidia…But can we just remember Lisa Su has built an amazing company?…I think the stock is actually cheap and it should be bought.”
• Constellation Energy: “I very much prefer Sempra to these…I don’t want you to sell Constellation Energy, it has a habit of bouncing back because it’s really involved in the data center, but it has got way too much volatility for me.”
• Rubrik: “Rubrik is a very good company…The stock has been straight up. And, I’ve got to tell you, after that last quarter, I understand why it’s straight up. It was probably mispriced when it came public.”
• JD.Com: “It’s too much of a stretch for me.”
• Johnson & Johnson: “Even with the talc litigation, I do want to buy it down here.”
• Netflix: ”[buy, buy, buy!]”

Ticker: AMD, CEG, RBRK, JD, JNJ, NFLX

(6) [No Video Clip for non-Club members]With GE Vernova’s blessing we got the data center thesis right back on, says Jim Cramer (https://www.cnbc.com/video/2024/12/11/with-ge-vernovas-blessing-we-got-the-data-center-thesis-right-back-on-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks his interview with GE Vernova’s CEO and the data centers mega-trend

Other Stocks Discussed (calls with audience): Amazon (AMZN) [if you need money you can sell, we Charitable trust do not], Cintas Corporation (CTAS) [buy], Royal Caribbean Cruises Ltd. (RCL) [hold]

Ref: Links to other sites that relate to episode of December 11, 2024

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

Disclaimer

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