Mad Money: Key points from April 28, 2021 (Wednesday) episode

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      This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, April 28, 2021.  It also contains links to CNBC sites which contain video clips and transcripts are also listed.

       

      (1) Cramer bemoans lack of earnings momentum in stocks: ‘It’s starting to bother me’  (https://www.cnbc.com/2021/04/28/cramer-bemoans-lack-of-earnings-momentum-its-starting-to-bother-me.html)

      • “Most stocks simply aren’t getting much pin action now for what they do, in part because, well, the market’s had a miraculous run,” CNBC’s Jim Cramer said.
      • “That makes everything seem like a yawner, and it’s starting to bother me,” he said on “Mad Money.”
      • “Unless your company’s a huge beneficiary from the great reopening, nobody cares,” he said.

      Ticker: AMD, JPM, C, BAC, AAPL, FB

       

      (2) Executive Interview: Ford CEO expects chip shortage impact to bottom in Q2, production rebound in second half of year (https://www.cnbc.com/2021/04/28/ford-ceo-expects-chip-shortage-impact-to-bottom-in-second-quarter.html)

      • Ford Motor CEO Jim Farley told CNBC’s Jim Cramer that the business impact of a global chip shortage will reach a low in the second quarter before production rebounds later this year.
      • “We do count on a rebound in our production in the second half,” he said in a “Mad Money” interview, adding that 2022 “is going to be an incredible year for us.”
      • Ford said it expects the global shortage of semiconductors, which hit manufacturing across various industries, to have about a $2.5 billion effect on the fiscal year.

      Ticker: F

       

      (3) Executive Interview: Stanley Black & Decker CEO on surging demand for DIY, renovation projects: ‘It’s just unreal’ (https://www.cnbc.com/video/2021/04/28/stanley-black-decker-ceo-reports-unreal-demand-for-renovation-projects.html)

      Stanley Black & Decker CEO Jim Loree said the tools manufacturer saw high double-digit sales increases across global markets last quarter amid a boon in renovation projects.

      Ticker: SWK

       

      (4) Executive Interview: Yum Brands CEO on achieving record digital sales in Q1 (https://www.cnbc.com/video/2021/04/28/yum-brands-ceo-on-achieving-record-digital-sales-in-q1.html)

      After seeing widespread growth in sales, Yum Brands CEO David Gibbs said it’s a sign of the “strength of our business as we’ve adapted to the challenges of the pandemic.”

      Ticker: YUM

       

      (5) Executive Interview: Salesforce CEO Marc Benioff encourages employees to get vaccinated (https://www.cnbc.com/2021/04/28/salesforce-ceo-marc-benioff-encourages-employees-to-get-vaccinated.html)

      • “I think it’s important for everyone to get vaccinated and to get safe,” Benioff said in a CNBC “Mad Money” interview with Jim Cramer.
      • Salesforce has previously recommended that its employees be inoculated against coronavirus, though it won’t be mandatory for them to return to the office.

      Ticker: CRM

       

      (6) Cramer’s lightning round: Coinbase will be a proxy for owning crypto (https://www.cnbc.com/2021/04/28/cramer-lightning-round-coinbase-will-be-a-proxy-for-owning-crypto.html)

      • Ocugen: “I know Ocugen as a cartilage company … I’ve always felt it was a great spec, but I know it’s a heavily-shorted meme name and I don’t know what’ going on between the long and the shorts there.”
      • Inovio Pharmaceuticals: “It’s a speculative stock that hasn’t really delivered, how about that.”
      • Plug Power: “If you believe in hydrogen power, Plug is the winner … Many people don’t believe in hydrogen power and there also were some issues involving accounting that I didn’t like, and that made me sour on the stock, but I would welcome the company [CEO] Andy [Marsh] back because that was painful.”
      • Coinbase: “I believe people are going to use that as a proxy for owning crypto. I am with Lisa Ellis, who’s the best analyst on it, who says the stock can only go to $600.”
      • Leslie’s: “I see your Leslie and I raise you with Pool Corp. I like Pool Corp as being a better situation.”
      • Kellogg: “I think you should not own Kellogg. I think that, frankly, it’s had a nice little run, not a big one, and it’s good to be able to skedaddle. Mondelez is a better play.”

      Ticker: OCGN, INO, PLUG, COIN, LESL, POOL, K, MDLZ

       

      (7) A Trust Exercise? Cramer’s take on the markets’ reaction on the averages — Ticker: MSFT, SPOT, UNP, AMD

       

      Ref: Links to other sites that relate to episode of April 28, 2021.

       

      Disclaimer

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