Mad Money: Key points from February 11, 2020 (Tuesday) episode

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      Tuesday’s session unveiled the market’s ‘coiled spring’ stocks amid coronavirus outbreak, Jim Cramer says (https://www.cnbc.com/2020/02/11/jim-cramer-wall-street-revealed-the-coronavirus-coiled-spring-stocks.html)

      • “I think we got a sneak peak into what this market will look like once the outbreak’s truly beat, and to me it looks like a coiled spring,” CNBC’s Jim Cramer said Monday, after the market digested positive coronavirus outbreak data.
      • With uncertainty still in the air, the “Mad Money” host said, “I want to take the other side of today’s trade” and that he finds “today’s trade [to be] just instructive and nothing more.”
      • Cramer said he’s taking his cue from National Institutes of Health official Tony Fauci before he turns bullish on a rebound from coronavirus fears.

      Ticker: RCL, NCLH, CCL, MAR, WYNN, APPL, NVDA, SWKS, QCOM, TMUS, S, UAL, CAT, MMM, HON, (MRVL)

       

      Cramer Remix: The cannabis industry is too hot (https://www.cnbc.com/video/2020/02/11/cramer-remix-the-cannabis-industry-is-too-hot.html)

      Jim Cramer explains that, while he likes Canopy Growth under its new leadership, the marijuana market has burned too many people.

      Ticker: CGC

       

      Oil and gas stocks will continue to get beaten down without consolidation, Jim Cramer says (https://www.cnbc.com/2020/02/11/jim-cramer-oil-and-gas-stocks-will-remain-down-without-consolidation.html)

      • Oil and gas stocks are likely to stay beaten down unless the industry sees consolidation, CNBC’s Jim Cramer said Tuesday.
      • The “Mad Money” host said he sees similarities between the oil and gas industry and American shopping malls.
      • Cramer called on oil and gas executives to display confidence like CEO David Simon showed when he announced that Simon Property Group is buying rival Taubman Centers.

      Ticker: SPG, TCO, XLE (Energy Select Sector SPDR Fund ), XOP (Spdr S&P Oil & Gas Exploration & Production ETF)

       

      Executive Interview: Columbia Sportswear CEO talks impact of coronavirus, warm weather on business (https://www.cnbc.com/video/2020/02/11/columbia-sportswear-ceo-talks-impacts-of-coronavirus-warm-weather.html)

      Jim Cramer checks in with Columbia Sportswear CEO Timothy Boyle to get insight into the company’s production activity and why snow days are good for business.

      Ticker: COLM

       

      Cramer’s lightning round: Carnival’s ‘numbers are too high’ (https://www.cnbc.com/2020/02/11/cramers-lightning-round-carnivals-numbers-are-too-high.html)

      • Facebook: “Buy it if it goes down below $200. We sold some higher for Action Alerts for the club. … I want to try to buy it back lower.”
      • VMware: “I think the stock is a buy.”
      • Amkor Technology: “I happen to like this business. This stock is up huge after they reported those earnings, I mean it’s gigantic. It was a classic beat and raise. It’s in the semiconductor manufacturing industry and you’ve got a good one. I don’t think it’s done, but don’t chase. Don’t chase because the stock went up more than 10% today.”
      • Annaly Capital Management: “Annaly Capital, no. … But I just feel like in the end I like growth, and it doesn’t have it. I invest in stocks for growth.”
      • Agilent Technologies: “I know it ramped up and them came back down. I would be a buyer right here of letter ‘A.’”
      • Carnival Corp.: “I don’t want to own Carnival. I think the numbers are too high. Let the estimates be cut. These cruise ships are just — they’re cruises to nowhere now. I am very concerned. I don’t want anybody involved with that stock right now.”

      Ticker: FB, VMW, AMKR, NLY, A, CCL

       

      Additional Topics (from Podcast):

      [at 18:10] Off the Chart — Cramer’s going Off The Charts to get a read on the market and see if record highs can continue to be in our future.

      [at 39:06] Executive Interview with James C. Foster, CEO of Charles River Labs (NYSE: CRL) — With the stock up nearly 10% today, Cramer’s talking with the CEO of Charles River Labs to make sense of the quarter for the company that aids in the drug development process.

       

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