Mad Money: Key points from October 7, 2021 (Thursday) episode

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      This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, October 7, 2021.  It also contains links to CNBC sites which contain video clips and transcripts are also listed.

       

      (1) Jim Cramer says the key to taming inflation is beating Covid, not higher interest rates (https://www.cnbc.com/2021/10/07/jim-cramer-key-to-taming-inflation-is-beating-covid-not-higher-rates.html)

      • CNBC’s Jim Cramer said Thursday he believes the primary solution to taming inflation is bringing the coronavirus pandemic under control.
      • “Prices are going up across the board because people don’t want to die,” the “Mad Money” host said.
      • “I think you cure this inflation not with higher rates, but with Pfizer, Moderna and J&J,” he said.

       

      (2) Executive Interview: Nucor CEO discusses launch of net-zero carbon steel products and its deal with GM (https://www.cnbc.com/video/2021/10/07/nucor-ceo-discusses-launch-of-net-zero-carbon-steel-products-and-its-deal-with-gm.html)

      Leon Topalian, the chief executive officer of Nucor, joined CNBC’s Jim Cramer on “Mad Money” on Thursday, discussing the launch of the company’s net-zero carbon steel products.

      Ticker: NUE [NUE is a key charitable trust holding]

       

      (3)Jim Cramer sees ‘decent risk-reward’ in Life Time after the gym chain’s IPO (https://www.cnbc.com/2021/10/07/jim-cramer-sees-decent-risk-reward-in-life-time-after-the-gym-chains-ipo.html)

      • CNBC’s Jim Cramer said he believes Life Time Group offers investors a “decent risk-reward” following its somewhat under-the-radar IPO.
      • “I think the gym business works as the delta variant subsides,” the “Mad Money” host said.
      • Cramer said one of his biggest concerns about Life Time was the company’s debt load.

      Ticker: LTH

       

      (4) Executive Interview: Sharecare CEO says that ‘financial stress is the next diabetes’ (https://www.cnbc.com/video/2021/10/07/sharecare-ceo-says-that-financial-stress-is-the-next-diabetes.html)

      Jeff Arnold, co-founder and chief executive officer of digital health company Sharecare, appeared on Thursday’s “Mad Money” episode.

      Ticker: SHCR

       

      (5) Cramer’s lightning round: Azek Company is a great stock here (https://www.cnbc.com/2021/10/07/cramers-lightning-round-azek-company-is-a-great-stock-here.html)

      • MyMD Pharmaceuticals: “It’s very, very speculative … which means to me that you have to be really gutsy to buy it, and therefore it’s not my cup of tea at this very moment.”
      • Cortexyme: “Here’s the problem: That’s becoming a crowded field with some really, really big guns, and I don’t want to be an also-ran in that business. I think it could be dreadful.”
      • Hydrofarm Holdings Group: “I want you to hold. Now, the stock is down about $12. I am a big believer in hydroponic products. ScottsMiracle-Gro has been hit too. The cannabis stocks have been terrible, but this is more than cannabis, so I’m OK with it.”
      • Azek Company: “This is one of those, people have decided that houses aren’t going to be built, that rates are going to go higher. … You want their product, it is really valuable. Just bought some the other day for a beach house that I’ve done three decks, and I’m tired of it. You buy one [Azek], pay a little extra money, and it lasts, so I am a huge believer in Azek. I think it is a great stock here at $37.”
      • SoFi Technologies: “SoFi got hurt because of the student loan give up. It’s going to come back. It’s run by [CEO] Anthony Noto. I have tremendous faith in it. I think you should buy SoFi.”

      Ticker: MYMD, CRTX, HYFM,AZEK

       

      (6) [No Video Clip] What “Going Green” really means — Ticker: CVX

       

      Other Stocks Discussed (Calls with Audiences): Paysafe (PSFE) [I will stick with it], Roku (ROKU) [good but not great any more], TJ Max (TJX) [not favorite. COST is better], Dicks’ sporting Goods (DKS) [It is a buy here], Columbia Sportswear Company (COLM) [Stock is buy here]

       

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