Mad Money: Key points from July 21, 2020 (Tuesday) episode

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      Trump’s endorsement of face masks caused a rally in recovery stocks, Jim Cramer says (https://www.cnbc.com/2020/07/21/jim-cramer-trumps-face-mask-endorsement-sparked-recovery-stocks-rally.html)

      • President Donald Trump’s promotion of mask-wearing can help the U.S. flatten the curve and return the country to some sense of normal, CNBC’s Jim Cramer said.
      • “With enough mask-wearing, we can beat this thing long before we get a vaccine, although it’s still going to take weeks before we see any progress,” the “Mad Money” host said.
      • Trump’s endorsement of masks pushed the recovery play higher, he said.

      Ticker: DIS, SBUX, COST, WMT, WBA, TGT, KSS, CVS, CRM

       

      Okta CEO on supplying FedEx, Seton Hall with off-premise identity security (https://www.cnbc.com/video/2020/07/21/okta-ceo-on-supplying-fedex-seton-hall-with-off-premise-identity-security.html)

      Okta CEO Todd McKinnon explained how the identity and verification company helped FedEx transition tens of thousands of employees to a remote environment within 36 hours.

      Ticker: OKTA

       

      Executive Interview: Logitech CEO says company boosted webcam supply for back-to-school rush (https://www.cnbc.com/2020/07/21/logitech-ceo-we-boosted-webcam-supply-for-back-to-school-rush.html)

      • “We’re working like crazy to make sure we have enough [products], especially for colleges and for education of all levels,” Logitech CEO Bracken Darrell told CNBC’s Jim Cramer.
      • “We’ve really expanded our capacity of webcams to make sure … we’re ready for what we think is coming,” he said in a “Mad Money” interview.
      • “We’re bullish on education, we’re bullish on health care. Those verticals are super strong and then, of course, it’s just the broad work from home,” he said.

      Ticker: LOGI

       

      Cramer’s lightning round: Walgreens stock is flashing a buy signal (https://www.cnbc.com/2020/07/21/cramers-lightning-round-walgreens-stock-is-flashing-a-buy-signal.html)

      • CommsSope: “That stock has been completely hammered. … I’m taking a pass on that $9 stock after this little build up right here.”
      • Walgreens Boots Alliance: We do not care where a stock came from, Sherry, we care where it’s going to. This was the first time this company has reported a really bad number and the stock didn’t go down. That means you should own the stock, not sell it. That is a textbook tell that this stock did not get hurt on that last quarter.”
      • HanesBrands: “I like Hanesbrands. … I think Hanesbrands is a buy.”
      • Evri: “You win. I’m not fighting Evri anymore. Everybody likes Evri, I can see why they like it. They are in all the casinos. It’s a $5 stock. I am not blessing it for speculation.”

      Ticker: COMM, WBA, HBI, EVRI

       

      Plug Power CEO on recent renewable energy acquisitions, Elon Musk (https://www.cnbc.com/video/2020/07/21/plug-power-ceo-on-recent-renewable-energy-acquisitions-elon-musk.html)

      Plug Power CEO Andrew Marsh joined Jim Cramer on “Mad Money” to discuss the hydrogen fuel cell company’s recent acquisitions and powering internet retail.

      Ticker: PLUG

       

      Other Stocks Mentioned (Calls with audience): Camping World (CWH) [buy], Occidental Petroleum (OXY) [buy Parsley (PE), instead], Alliance Data Systems Corporation (ADS), Freeport-McMoRan (FCX) [like Barrick (GOLD)], Berkshire Hathaway (BRK-B), Q2  (QTWO) [rather buy JP Morgan].

       

      If you have any questions or comments on this topic, please start a new topic using its parent forum “Investments in the US”.

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