Mad Money: Key points from July 5, 2023 (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, July 5, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

 

（１）Cramer examines the worst performers from the first half of 2023, explains why the market seems narrow (https://www.cnbc.com/2023/07/05/jim-cramer-examines-the-worst-performers-from-the-first-half-of-2023.html)

• CNBC’s Jim Cramer on Wednesday examined the ten worst performers from the first half of the year in the Dow and the S&P 500.
• CNBC’s Jim Cramer said Wednesday that if investors are waiting for the market to broaden for a rally, they may as well be “Waiting for Godot.”

DOW’s Worst Performers: VZ, NKE, GS, JNJ, TRV, UNH, CVX, AMGN, MMM, WBA

S&P 500 Worst Performers: EPM, SCHW, MANA, NWL, CFG, CMA, ENPH, ZION, KEY, AAP

“Bottom Line: Instead o missing the money by sitting on the sidelines, try to stick with what’s working.”

 

(2) [No Video Clip for non-Club Member] Executive Interview: Paychex CEO John Gibson goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2023/07/05/paychex-ceo-john-gibson-goes-one-on-one-with-jim-cramer.html)

Paychex CEO John Gibson talks with ‘Mad Money’ host Jim Cramer about the possibility of a recession, the latest Fed comments, and more.

Ticker: PAYX

 

(3) [No Video Clip for non-Club Member] Constellation Brands’ Q1 earnings beat came from its booming beer business, says Jim Cramer (https://www.cnbc.com/video/2023/07/05/constellation-brands-q1-earnings-beat-came-from-its-booming-beer-business-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks Constellation Brands Q1 earnings beat and why they are quickly becoming one of the top alcohol manufacturers in the country.

Ticker: STZ [held by charitable trust],

“Bottom Line: .. We’re sticking with STZ for the trust because we think it’s headed higher.”

 

(4) Executive Interview: On Holding CEO stresses importance of retail locations: ‘It really elevates how you experience the brand’ (https://www.cnbc.com/2023/07/05/on-holding-ceo-stresses-importance-of-retail-locations.html)

• CNBC’s Jim Cramer spoke with Martin Hoffmann, the co-CEO and CFO of Swiss footwear and sports apparel brand On Holding.
• Hoffmann discussed the importance of retail locations as well as the brand’s desire to market to athletes and other consumers alike.

Ticker: ONON

 

(5) Cramer’s Lightning Round: Zoominfo is a sell (https://www.cnbc.com/2023/07/05/cramers-lightning-round-zoominfo-is-a-sell.html)

• Zoominfo: “That stock is so hated on Wall Street, I think the hate is overly done, but there’s no rescuing a stock that’s despised.”
• Carnival: “I like them. Now, they have had a very big move. Carnival Cruises doubled. I say we let it kind of simmer right now, go to Norwegian. I’m telling you, I got people saying they love the Haven, ‘I booked for the Haven, but then mine was canceled.’ But I like the cruises, they’re ok.”
• ASML Holding: “I like it, but I got to tell you, I like Lam Research more.”

Ticker: ZI, CCL [I like cruise, they are ok], ASML [I like LRCX more]

 

(6) [No Video Clip for non-Club Member] Those who stayed bearish during the recent rally saw their portfolios suffer, says Jim Cramer (https://www.cnbc.com/video/2023/07/05/those-who-stayed-bearish-during-the-recent-rally-saw-their-portfolios-suffer-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer talks why some investors missed the recent market rally.

 

Other Stocks Discussed (Call with Listeners): Public Storage (PSA) [I think you are fine.], Dutch Bros (BROS) [They are over expanding], Palantir (PLTR) [I like the stock]

 

Ref: Links to other sites that relate to episode of July 5, 2023

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

Disclaimer

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