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2020-09-21 at 11:20 PM #2712
Jun Kurema (暮眞★潤)
KeymasterSummary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, September 21, 2020. Links to CNBC sites which contain video clips and transcripts are also listed.
Apple, Microsoft, Amazon and Alphabet are buys at these levels, Jim Cramer says (https://www.cnbc.com/2020/09/21/apple-microsoft-amazon-and-alphabet-are-buys-at-these-levels-jim-cramer-says.html)
- Apple, Microsoft, Amazon and Google-parent Alphabet have reached attractive valuations, CNBC’s Jim Cramer told investors Monday.
- “I think the reversal today … was your key to start doing some buying, not some selling,” the “Mad Money” host said.
- “I just hope you have some cash on the sidelines to take advantage of the weakness,” he added.
Ticker: AAPL, MSFT, AMZN, GOOGL
Executive Interview: Eli Lilly CEO: Speed and industry cooperation are aiding coronavirus treatment development (https://www.cnbc.com/2020/09/21/eli-lilly-ceo-dave-ricks-on-the-pharma-industrys-coronavirus-response.html)
- The pharmaceutical industry has responded with speed and cooperation to help bring coronavirus treatments to market, according to Eli Lilly CEO Dave Ricks.
- “We developed this antibody and got to proof of concept in six months. Usually, that’s more than six years,” Ricks said on “Mad Money.”
- Ricks also referenced Eli Lilly’s manufacturing partnership with Amgen, saying it brings “more volume to the fight” against the pandemic.
Ticker: LLY
Coca-Cola will enter U.S. hard seltzer market in first half of 2021, CEO says (https://www.cnbc.com/2020/09/21/coca-cola-will-enter-us-hard-seltzer-market-in-first-half-of-2021-ceo.html)
- “I think what it does say is: Look, we’re going to follow the consumer,” Coca-Cola CEO James Quincey told CNBC’s Jim Cramer about the company foray into the fast-growing hard seltzer market.
- Topo Chico Hard Seltzer, when it launches in the first half of 2021, will be Coca-Cola’s first alcoholic beverage in the U.S. since it sold off its wine business in the 1980s.
- As consumer tastes shift, U.S. hard seltzer sales reached $3 billion over the course of a year ending in mid-July, based on research from Bump Williams Consulting Co.
Ticker: KO
Cramer’s lightning round: Caesars Entertainment ‘made a miraculous run back’ (https://www.cnbc.com/2020/09/21/cramer-lightning-round-caesars-made-a-miraculous-run-back.html)
- Diamondpeak: “This is an EV spec. Now, we saw what happened with some of the EV specs. I want you to take half of it off tomorrow, and then you’re going to thank me. I am not kidding.”
- Marcus Corp.: “I’m not a fan of Marcus.”
- Geo Group: “This is private correction facility. I have not liked that business, and I have been right for 15 years.”
- Ciena Corp.: “That was a terrible quarter [for] Ciena. … That was a big set-back quarter, sent a lot of other tech stocks down with it. Be careful with Ciena.”
- Smith & Wesson: “I would hold that. Sadly, I would hold it because I think that … this is a very tough one to own, but I understand that demand is very strong.”
- Republic Services: “That is a very good company, very good company. I like the waste companies. They thrive during periods of residential construction. That is why I think you’ve got a winner.”
- Caesars Entertainment: “I think it’s made a miraculous run back, and it’s time to ring the register [on] Caesar.”
- Coty: “No, that’s not a good stock — not a good company. That’s right. They can come on and tell me why they are a good company. I’m always open for that.”
- Arrowhead Pharmaceuticals: “I do not understand why that stock is doing as poorly as it is because it does have a lot of good things to it, and I agree with you.”
Ticker: PHCU, MCS, GEO, CIEN, SWBI, RSG, CZR, COTY, ARWR,
Jim Cramer says the ‘lockdown trade’ is back as coronavirus concerns rise (https://www.cnbc.com/2020/09/21/jim-cramer-the-lockdown-trade-is-back-as-coronavirus-concerns-rise-.html)
- Investors should look to stocks that benefit from a prolonged stay-at-home economy due to coronavirus concerns, according to CNBC’s Jim Cramer.
- But this time, the “Mad Money” host advised investors to be “more selective” and referenced stocks such as Campbell Soup and cybersecurity firms such as Okta.
Ticker: CPB, WING, DPZ, ZS, OKTA, CRWD, PANW, ZM, DOCU
Other Topic (no video clip): Executive interview with Albertson CEO
Other Stocks discussed (calls with audiences): Stitch Fix (SFIX), Norwegian Cruise Line (NCLH)
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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