Mad Money: Key points from May 12, 2021 (Wednesday) episode

Home Forums Investments in the US Summary of CNBC “Mad Money” Episodes Mad Money: Key points from May 12, 2021 (Wednesday) episode

  • This topic is empty.
Viewing 0 reply threads
  • Author
    • #3730


      (1) Dubbed ‘WoodStocks,’ Jim Cramer sees Cathie Wood’s top tech picks heading lower (

      • CNBC’s Jim Cramer said tech stocks are taking a hit on rising inflation, which means Cathie Wood’s Ark Invest will see more pain in the near future.
      • Cramer dubbed Ark Invest’s top stock holdings “WoodStocks,” including Tesla, Teladoc Health, Square, Roku, Shopify, Zillow, Twilio, Spotify, Coinbase and Exact Sciences.
      • “What worked in 2020 hasn’t been working in 2021 and that’s not gonna change, so get used to it,” the “Mad Money” host said.

      Takeaway: WoodsStocks keep heading lower — “If you own the high growth stocks, you need to prepare for pain or cut your loss on the next move up..”


      (2) Executive Interview: Amid rising inflation, Wendy’s CEO says restaurant is seeing labor costs pressure (

      • Wendy’s saw pressure from higher wage costs in its first quarter of the year, but the company is dodging rising commodity prices, CEO Todd Penegor told CNBC.
      • “From a commodity outlook perspective, because we’re largely locked in, we’re guiding flat to commodities this year, so we’re in a good spot there,” he said on “Mad Money.”
      • The comments come as the latest inflation data showed consumer prices rose last month at the fastest rate in more than a decade.

      Ticker: WEN


      (3) Executive Interview:Wynn Resorts CEO: Online sports betting, igaming to be a $30-$40 billion market (

      Wynn Resorts CEO Matt Maddox discussed the hotel operator’s move to spinoff Wynn Interactive Digital, the company’s online sports betting and gambling business.

      Ticker: WYNN


      (4) Executive Interview: NortonLifeLock CEO: Identity is stolen every three seconds online (

      NortonLifeLock CEO Vincent Pilette discussed how cyber threats have evolved online, creating a market on the dark web for consumer identities

      Ticker: NLOK


      (5) Cramer’s lightning round: I don’t have much faith in FuboTV (

      • Silvergate Capital: “They’re smart guys … I do want to see what Coinbase says tomorrow … Coinbase is now the big daddy, but that is a good company.”
      • FuboTV: “This was a very problematic quarter. The stock rallied because the stock had been down so much, not because the quarter was that good … I don’t have as much faith in this business as others because I’d rather be in a Roku. I want big-time growth. That’s what I would go into.”
      • Boston Omaha: “We don’t want to purchase the miniature Berkshire Hathaway. We want to buy a sliver of a Berkshire Hathaway stock, and that’s what you should do.”

      Ticker: SI, COIN, FUBO, ROKU, BOMN, BRK-A


      (6) [No Video Clip] The billionaires worth listening to — Druckenmiller, Daviid Tepper


      Other Stocks Discussed (calls with audiences): Tanger Factory Outlet Centers (SKT), UWM Holdings Corporation Class (UWMC), The Trade Desk (TTD)


      Ref: Links to other sites that relate to episode of May 12, 2021.




      Previous episode Next Episode


Viewing 0 reply threads
  • The topic ‘Mad Money: Key points from May 12, 2021 (Wednesday) episode’ is closed to new replies.