Mad Money: Key points from June 6, 2023 (Tuesday) Episode

[Jun Kurema (暮眞★潤)]

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Tuesday, June 6, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

 

(1) As the crypto lawsuits pile up, Cramer says get out while you can (https://www.cnbc.com/2023/06/06/as-the-crypto-lawsuits-pile-up-cramer-says-get-out-while-you-can.html)

• CNBC’s Jim Cramer discussed market manipulation on Tuesday and begged investors to get their money out of cryptocurrency before it’s too late.
• “I want you to be able to protect yourself from scams that are designed to fake you out and part you from your money,” Cramer told viewers.

 

(2) [No Video Clip for non-Club Member] Executive Interview: Azek CEO Jesse Singh goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2023/06/06/azek-ceo-jesse-singh-goes-one-on-one-with-jim-cramer.html)

Jesse Singh, Azek president and CEO, joins ‘Mad Money’ host Jim Cramer to discuss the state of the home remodeling market and sustainable alternatives to lumber.

Ticker: AZN

 

(３) [No Video Clip for non-Club Member] Executive Interview: Jack in the Box CEO Darin Harris: Mexico is a ‘great market for us’ (https://www.cnbc.com/video/2023/06/06/jack-in-the-box-ceo-darin-harris-mexico-is-a-great-market-for-us.html)

Jack in the Box CEO Darin Harris joins ‘Mad Money’ host Jim Cramer to discuss the brands success in the fast food market and future growth for the brand.

Ticker: JACK

 

(4) Timothy Massad: crypto risk ‘isn’t just about the token’ it’s about the ‘platform you’re trading on’ (https://www.cnbc.com/video/2023/06/06/timothy-massad-crypto-risk-isnt-just-about-the-token-its-about-the-platform-youre-trading-on.html)

Timothy Massad, former CFTC chairman, joins ‘Ma Money’ host Jim Cramer to talk the Binance lawsuit launched by the SEC and where he finds issue in the current state of the crypto space.

 

(5) Cramer’s Lightning Round: Getty is a buy (https://www.cnbc.com/2023/06/06/cramers-lightning-round-getty-is-a-buy.html)

• Equitrans: “That’s Senator Manchin’s pipeline, and I think it still has a little bit to go, but not that much more because it’s had a very, very big run off of $4 level. You’ve caught a double, so I say let’s take half off the table, let the rest run.”
• Alibaba: “Alibaba’s the only Chinese stock that I would be recommending if you have to buy a Chinese stock, that would be the one. I don’t think you should, but that’s the guy.”
• Snap-on: “You bet it is [a buy]. It’s a great company.”
• Jabil: “At a 52-week high? No, I prefer to wait, let’s have a bit of a pullback, maybe, a 10% pullback, and then you can pull the trigger.”
• Getty: “I’ll tell you, it’s a company that I didn’t really think much of until, frankly, Jensen Huang mentioned it as part of his AI revolution , so I think, you know what? [buy, buy, buy!]”
• General Electric: “GE goes higher. [buy, buy, buy!]”

Ticker: ETRN [let’s take half off the table, let the rest run.], IDXX [you have better buy right here], BABA [only Chinese stock that I recommend], SNA [buy buy buy], JBL [wait for a pull back], GETY [buy buy buy], SWAV [good stock goes higher], GE [goes higher, buy buy buy]

 

(6) [No Video Clip for non-Club Member] Right now the price of oil is controlled by two countries ‘the U.S. and Russia’, says Jim Cramer (https://www.cnbc.com/video/2023/06/06/right-now-the-price-of-oil-is-controlled-by-two-countries-the-us-and-russia-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks oil prices and what commentators are getting wrong when it comes to pricing.

 

Other Stocks Discussed (calls with audience): Ticker: Ford (F) [let’s stick with Jim Farley], Public Storage (PSA) [buy buy buy], QUALCOMM (QCOM) [time to sell, sell sell sell]

 

Ref: Links to other sites that relate to episode of June 6, 2023

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

Disclaimer

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