Mad Money: Key points from December 8, 2021 (Wednesday) episode

[Jun Kurema (暮眞★潤)]

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, December 8, 2021.  It also contains links to CNBC sites which contain video clips and transcripts are also listed.

 

(1) Jim Cramer sees 2 possible ‘speed bumps’ for stocks. Here’s how he is preparing (https://www.cnbc.com/2021/12/08/jim-cramer-sees-2-possible-speed-bumps-for-stocks-heres-how-he-is-preparing.html)

• Wall Street may hit a few “speed bumps” before it potentially concludes 2021 on a high note, CNBC’s Jim Cramer advised Wednesday.
• The “Mad Money” host said he’s preparing for that possibility by taking profits in some of his charitable trust’s winning positions.

 

 

(2) Know Your IPO:  Cramer says wait to buy Sweetgreen despite stock’s fall, ‘you can afford to take your time’ (https://www.cnbc.com/2021/12/08/cramer-wait-to-buy-sweetgreen-companys-valuation-is-still-too-rich.html)

• CNBC’s Jim Cramer said Wednesday he would hold off on buying any shares of newly public Sweetgreen.
• The salad chain, which debuted on the New York Stock Exchange last month, is still too richly valued, the “Mad Money” host said.
• “I’m a big fan of the concept, I just don’t like the price,” he said.

Ticker: SG

 

(3) Off-the-Chart: Charts suggest the S&P 500 is set up for a year-end Santa rally, Jim Cramer says (https://www.cnbc.com/2021/12/08/charts-suggest-the-sp-500-is-set-up-for-a-year-end-santa-rally-jim-cramer-says.html)

• Charts suggest the stage is getting set for a year-end rally in the S&P 500, CNBC’s Jim Cramer said Wednesday.
• The “Mad Money” host said technician Mark Sebastian is encouraged by trading patterns in the S&P 500 and the VIX.
• “And as long as the VIX keeps falling, he thinks that sets us up for … that Santa Claus rally I keep talking about,” Cramer said.

 

(4) Executive Interview: Edwards Lifesciences CEO on outlook for 2022: ‘We are just getting started’ (https://www.cnbc.com/video/2021/12/08/edwards-lifesciences-ceo-on-outlook-for-2022-we-are-just-getting-started.html)

Edwards Lifesciences CEO Michael Mussallem appeared on Wednesday’s episode of “Mad Money,” after the medical technology firm held its annual investor conference.

Ticker: EW

 

(5) Cramer’s lightning round: I like Enphase Energy over EVgo (https://www.cnbc.com/2021/12/08/cramers-lightning-round-i-like-enphase-energy-over-evgo-.html)

• EVgo: “EVgo, I know that sounds good. … I have really pulled in my horns. I like Enphase Energy, OK? That is the one I like. I looked at it for the [CNBC Next Generation 50 index]. It’s Enphase Energy that you want. I know it’s a high dollar amount, but it’s a better company.”
• BigCommerce Holdings: “I think that this is involving the concept of ‘the concept.’ I’ve been saying it’s the conceptual versus the tangible. This is a conceptual stock. The company is losing a lot of money so it’s lost its luster. As we raise rates, that’s what happens. It’s a strange interaction, but it’s tried and true. That’s why that stock is going to have a hard time here.
• LoanDepot: “Oh man… that is tough. I mean, it’s tough enough for own JPMorgan, you’ve got to own LoanDepot? Look, it’s at $5 [per share]. Do I want to tell you to sell it at $5? Look, it could go to $4 or $3. I don’t expect a lot of upside.”
• Marqeta: “I know I should be more enthusiastic about some of these stocks, but again, I am focused on what the Fed is doing, what rates are doing, what the recovery is doing, and in that situation, you don’t want this stock.”
• Alibaba: “Your golden goose could be cooked. Here’s the way I look at it: It’s down 46%. I’m not going to tell you have to sell some stock down 46%. That said, any time that I have said, ‘You know what, China is a green light’ in the last three years, it’s been wrong, so I’m starting to learn don’t be wrong.”
• Harley-Davidson: “I think they’re reinventing themselves. I like what they have in the stores, but then again, they have to get younger. They keep trying to get younger, and they can’t. Some of the foreign companies still have terrific, terrific brands. I’m going to give you the ‘no’ sign on that one.”
• KnowBe4: “This is a software security company, and you know I always refer to my betters, and my betters here are Palo Alto Networks.”

EVGO, BIGC, LDI, MQ, BABA, HOG, KNBE

 

(6) [No Video Clip] Jim Cramer weighs in on a Honeywell downgrade and the importance of corporate reinvention (https://www.cnbc.com/video/2021/12/08/jim-cramer-weighs-in-on-a-honeywell-downgrade-and-the-importance-of-corporate-reinvention.html)

On Wednesday’s episode of “Mad Money,” host Jim Cramer defended Honeywell despite a recent analyst downgrade, championing the industrial conglomerate for its ability to reinvent itself.

Ticker: HON [buying opportunity], JNJ, GE

 

Other Stocks Discussed (calls with audience): AMD (AMD) , Linde (LIN)[I can buy now], KD (don’t know – wait to see what happen, not hurry to say own now], Coinbase (COIN)[rather own Ethereum than Coinbase]

 

Ref: Links to other sites that relate to episode of December 8, 2021

• Google Podcast (Sound)
• Internet Archive (Video & Texts per minute）

Disclaimer

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