Mad Money: Key points from April 20, 2022 (Wednesday) episode

[暮眞★潤 (Jun Kurema)]

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, April 20, 2022.  It also contains links to CNBC sites which contain video clips and transcripts.

 

(1) Jim Cramer names 4 stocks that can endure the Fed’s ‘aggressive tightening cycle’ (https://www.cnbc.com/2022/04/20/jim-cramer-names-4-stocks-that-can-endure-fed-tightening.html)

• CNBC’s Jim Cramer on Wednesday offered four stocks that he believes can keep investors steady through market turmoil.
  • Walt Disney: “Unlike Netflix and its one-hit wonders, Disney has a massive, lucrative theme park complex, along with a stable of iconic franchises. … Disney should not be tarred with the same broad brush as Netflix,” Cramer said, referring to Netflix’s dismal latest quarterly results.
  • Procter & Gamble Co: “Because Procter has some of the finest brands in the world, it was able to pass on those price increases at will. Procter is the classic stock for this moment: It makes things at a profit while being one of the great returners of capital,” Cramer said.
  • Johnson & Johnson: “What is JNJ? How about the blue chip with the best balance sheet in America that has an amazing dividend and buyback,” Cramer said.
  • Morgan Stanley: “Morgan Stanley is the bank that arguably performed the best, as well as maybe Bank of America,” Cramer said.
• “As someone who thinks it’s a good idea to stay in the market, I’m urging you to consider companies that fit the funnel … while avoiding almost anything else,” he said.

Ticker: DIS [Note: Charitable trust bought DIS, plan to keep buying more.], PG, JNJ, MS [Note: Charitable trust bought more MS last week] 

Buy Stock if companies that: (i) make ‘things’, (ii) do stuff at a profit, (iii) return some profit to shareholders, (iv) sell at a reasonable price to growth rate

 

(2) Jim Cramer says two streaming stocks stand out in wake of Netflix collapse (https://www.cnbc.com/2022/04/20/jim-cramer-streaming-stocks-disney-paramount-stand-out-after-the-netflix-drop.html)

• CNBC’s Jim Cramer said Wednesday that investors should stay away from Netflix stock and explore other options.
  “Netflix seems lost at sea without a plan to find the shore, and I think its pullback actually was deserved,” the “Mad Money” host said.
• “We bought some Disney today for the Charitable Trust. … I like the rest of the business and think the streaming service is taking share. I’m also intrigued, by the way, by Paramount Global,” he said.

Ticker: NFLX, DIS, PARA

 

(3) Off-the-Charts: Cramer explains why seasoned technical analyst Larry Williams expects inflation to peak and the market to rally into June (https://www.cnbc.com/2022/04/20/cramer-explains-why-seasoned-technical-analyst-larry-williams-expects-inflation-to-peak-and-the-market-to-rally-into-june.html)

• “The charts and the history, as interpreted by Larry Williams, suggest one crazy thing, which is that inflation could soon peak, and … the stock market’s bottoming and due for a nice broad rally given from here to the end of June,” the “Mad Money” host said.
• “This methodology can’t tell you the size of a potential move, but it’s surprisingly reliable when it comes to predicting the market’s overall direction,” he added.

 

(4) Buy the dip on ‘best-of-breed stock’ Halliburton, Jim Cramer says (https://www.cnbc.com/2022/04/20/buy-the-dip-on-best-of-breed-stock-halliburton-jim-cramer-says.html)

• CNBC’s Jim Cramer on Wednesday advised investors to buy Halliburton stock while it’s down after a less-than-ideal quarter from industry peer Baker Hughes.
• “I think you’ve got to use this rare opportunity to buy a best-of-breed stock on weakness, which is exactly what we did for the Charitable Trust,” the “Mad Money” host said.

Ticker: BKR, HAL [Note: Charitable Trust bought more HAL yesterday an today]

 

(5) Cramer’s lightning round: AstraZeneca is a pass (https://www.cnbc.com/2022/04/20/cramers-lightning-round-astrazeneca-is-a-pass.html)

• Intuitive Surgical Inc: “ISRG is one of those stocks – you must not look at it on a day-to-day basis. You look at it on a year-to-year basis, that’s how good their machines are.”
• Banco Santander SA: “I looked at it multiple times to own it for the Charitable Trust. I just can’t summon myself to pull the trigger. I’m afraid I’ll move it to $4. I think Banco Santander is excellent.”
• Atlantica Sustainable Infrastructure PLC: “That is a foreign company that I need to know more about, and I promise I will do more on it.”
• Uranium Energy Corp: “Very speculative stock. It’s had a very big run. Be ready to get cut in half or double. And those are typically the kinds of stocks that I do not recommend.”
• US Bancorp: “It’s a very well-run bank, but I prefer the bank of Morgan Stanley.”
• Axon Enterprise Inc: “Very well-run company … it’s just a terrific company.”
• OneMain Holdings Inc: “Too risky at this point in the cycle, particularly if the Fed really does give us a real slowdown.”
• Brunswick Corp: “I’m going to be really straightforward here. The market doesn’t like this stock and doesn’t think it will come back, and I’m trying to disagree with the market, because I think it’s such a good company.”
• Regions Financial Corp: “Very smart bank. Very well run … This is a terrific company. Believe me, it won’t stay independent forever it if stays down at this price. It’s just way too good.”
• AstraZeneca PLC: “I can’t chase it up here. I think it’s gotten more expensive versus some other very, very good drug companies. So I’m going to have to say that you should take a pass on that.”

Ticker: ISRG, SAN [favorite bank in Europe] AY, UEC, USB, AXON, OMF, BC, RF, AZN

 

(6) [No Video Clip] Jim Cramer says if the U.S. does enter a recession, it’ll be mild (https://www.cnbc.com/video/2022/04/20/jim-cramer-says-if-the-us-does-enters-a-recession-itll-be-mild.html)

CNBC’s Jim Cramer explained his thoughts on the market and why he’s being optimistic about the direction it’s headed in Wednesday’s episode of the show.

 

Other Stock Discussed (call with audiences): Royal Caribbean Cruises Ltd. (RCL), American Eagle Outfitters (AEO)[Charitable Trust bought some AEO today, not good but we do not give up], Salesforce (CRM), Coca-Cola (KO), Walmart (WMT)

 

Ref: Links to other sites that relate to episode of April 20, 2022

• Google Podcast (Sound)
• Internet Archive (Video & Texts per minute）
• The Street – Mad Money Recap

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