Mad Money: Key points from March 4, 2020 (Wednesday) episode

Cramer’s most trusted market indicator says to start buying stocks（https://www.cnbc.com/2020/03/04/cramers-most-trusted-market-indicator-says-to-start-buying-stocks.html）

• CNBC’s Jim Cramer said Wednesday it’s time to buy stocks despite the bearish signal emanating from U.S. Treasurys as coronavirus fears persist.
• The “Mad Money” host said the MarketEdge Short Range Oscillator is informing his call to buy.
• “I expect a mild recession based on weakness in travel and entertainment, but right now the oscillator is saying you should buy stocks, both short and long term,” Cramer said.

Ticker: (SWK, BOOT, FDX)

Executive Interview: Barrick Gold CEO shares what he learned about doing business during a disease outbreak (https://www.cnbc.com/2020/03/04/barrick-gold-ceo-shares-what-he-learned-about-doing-business-during-a-disease-outbreak.html)

Barrick Gold CEO Mark Bristow told CNBC on Wednesday that it’s possible for companies to operate during disease outbreaks if proper precautions are taken.
Barrick’s operations were located within close proximity of the 2014 outbreak of Ebola in West Africa, Bristow said on “Mad Money.”
Bristow said the company is taking similar precautions now as the coronavirus spreads.

Ticker: GOLD

Cramer: This should be the beginning of the end for sector ETFs（https://www.cnbc.com/2020/03/04/jim-cramer-this-should-be-the-beginning-of-the-end-for-sector-etfs.html）

• CNBC’s Jim Cramer said Wednesday the recent market volatility should serve as the beginning of the end for sector ETFs.
• “I know I’m early, but anyone who doesn’t see this index fund peak on the horizon is fooling themselves,” the “Mad Money” host said.
• “Why own both the winners and losers in an industry when you can just pick the very obvious winners?” Cramer said.

Ticker: GOOGL, WMT, AMZN, COST, HD, TWTR, SNAP, HPE, IBM, (KHC)

Cramer’s lightning round: If you want a coffee stock, buy Starbucks (https://www.cnbc.com/2020/03/04/cramers-lightning-round-if-you-want-a-coffee-stock-buy-starbucks.html)

• Luckin Coffee: “Well you’re rolling the dice with Luckin. We got a lot of dice rollers. I don’t mind that at all because in the end you’re allowed to speculate. But I do think that if you like a coffee company, you ought to buy the one that my charitable trust has been buying, and that would be Starbucks.”
• Progyny Inc: “Well I’ve got do my little homework on that big boy because I do not know it well enough … I remember when Progyny was like a dial-up company.”
• American Tower Corp.: “American Tower is good … Yes, I know about the combination between T-Mobile and Sprint. I don’t care. We still need more towers and that’s going to be great for American Tower.”
• JD.com: “No. Don’t. Look, we’ve got the Alibaba. How much do we have to be in there? No.”
• Inovio Pharmaceuticals: “That is one of the most speculative stocks in the world. That’s all I’m going to say. It’s incredibly speculative and you’re on your own.”
• Eaton: “It’s a 3% yielder. It’s doing much better than it used to be. The answer is yes. I would buy more.”

Ticker: LK, SBUK, PGNY, AMT, JD, BABA, INO, ETN

Additional Topics (from Podcast)

• [27:20] Executive Interview with Gary Philbin, CEO of Dollar Tree (DLTR) — “Cramer’s sitting down with Dollar Tree’s CEO to discuss the stock’s recent declines and what the company’s plans are for 2020.”
• [37:45] Executive Interviw with Mikkel Svane, Chairman & CEO of Zendesk (ZEN) — “Cramer’s talking to Zendesk’s CEO to see if this is the stock to look at amid coronavirus fears.”

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