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Jim Cramer on Wednesday’s rally: ‘Remdesivir is just what the doctor ordered’ (https://www.cnbc.com/2020/04/29/jim-cramer-on-reopening-remdesivir-is-just-what-the-doctor-ordered.html)
- https://www.cnbc.com/2020/04/29/jim-cramer-reacts-to-amd-starbucks-boeing-ge-and-alphabet-earnings.html“For the true skeptics, I know how hard it is to believe that such a seemingly insignificant clinical trial of some old off-the-shelf drug could have this kind of positive impact,” CNBC’s Jim Cramer said of news from Gilead Sciences.
- “This drug makes a big difference, especially if you were worried about a second wave of infections after we reopened the economy,” the “Mad Money” host said.
- “That’s why the market roared higher today, and make no mistake, this move was all about remdesivir,” he said.
Jim Cramer reacts to AMD, Starbucks, Boeing, GE and Alphabet earnings reports (https://www.cnbc.com/2020/04/29/jim-cramer-reacts-to-amd-starbucks-boeing-ge-and-alphabet-earnings.html)
- CNBC’s Jim Cramer on Wednesday offered his thoughts on corporate earnings reports from some notable American companies that recently released quarterly results.
Ticker: AMD SBUX, BA, GE, GOOGL
Executive Interview: Ym Brands CEO talks Q1 earnings report, reopening restaurants (https://www.cnbc.com/video/2020/04/29/yum-brands-ceo-talks-q1-earnings-report-reopening-restaurants.html)
About one in five restaurant locations in Yum! Brands’ portfolio remain closed due to the coronavirus pandemic. CEO David Gibbs discussed what’s ahead for the company.
Ticker: YUM
Executive Interview: Campbell Soup CEO discusses meeting demand during coronavirus pandemic (https://www.cnbc.com/video/2020/04/29/campbell-soup-ceo-discusses-meeting-demand-during-coronavirus-pandemic.html)
“I feel good about our ability to keep filling the shelves on a regular basis,” Campbell Soup CEO Mark Clouse said in a “Mad Money” interview.
Ticker: CPB
Executive Interview: Payroll processor ADP CEO on Q3 earnings report, job losses due to coronavirus crisis (https://www.cnbc.com/video/2020/04/29/adp-ceo-on-q3-earnings-report-job-losses-due-to-coronavirus-crisis.html)
Payroll processor Automatic Data Processing CEO Carlos Rodriguez said he is seeing some signs that the hobbled job market may have already reached its lowest point.
Ticker: ADP
Cramer’s lightning round: I am all over TJX (https://www.cnbc.com/2020/04/29/cramer-lightning-round-i-am-all-over-tjx.html)
- BP: “You’ve got to be careful … Remember, we went for a trade on the oils and the large one I said you should buy is Chevron, and I’m sticking by that.”
- Cerus Corp.: “That’s a great spec idea. I’ve got to do work on that.”
- TJX Companies: “I am all over TJX … They’re going to get all this inventory. … They are just going to be the beneficiary of all the problems of the other stores and that’s why you should buy TJX.”
- Westrock Co: “The stocks is finally bottoming. I don’t have a reason why it’s bottoming … it’s good for a trade.”
- RH: “I love RH.”
Ticker: BP, CERS, TJX, WRK, RH
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