Mad Money: Key points from July 26, 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 26, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

 

(1) Jim Cramer lists 10 market themes to watch after the Fed’s July hike (https://www.cnbc.com/2023/07/26/jim-cramer-lists-ten-market-themes-to-watch-after-the-feds-july-hike.html)

• CNBC’s Jim Cramer gave investors 10 themes to guide them through the market after the Federal Reserve approved another rate hike.
• The themes include generative AI, homebuilders, infrastructure and cybersecurity.

• Use of Generative AI – GOOGL, MSFT, NOW, ADBE, CRM, NVDA, META
• Housing Resiliency – PHM, LEN, TOL
• Margin Expansion — CMG, UL, PG, PEP
• Return of enterprise software, MDB, CFLT, MNDY, NET, CRM, ADBE
• Strength of Travel & Leisure — MAR, CCL, RCL, NCLH, DAL, ABNB, BA, GE
• The need for cybersecurity — PANW, CRWD
• Elevate infrastructure spending — TSLA, ETN, CAT, NUE
• China’s comeback — SBUX, WYNN, AAPL
• Supply chain normalization — BA, SWK [charitable trust name?] KO, PEP
• The trade-down movement — WMT, COST

 

(2) Executive Interview: Chipotle CEO says the ‘Autocado’ robot prototype makes workers’ jobs easier (https://www.cnbc.com/2023/07/26/chipotle-ceo-says-the-autocado-robot-prototype-makes-workers-jobs-easier.html)

Chipotle CEO Brian Niccol sat down with CNBC’s Jim Cramer to discuss the Mexican fast-food chain’s earnings and ‘Autocado’ robot prototype.
Chipotle on Wednesday reported $2.51 billion in revenue beating $2.53 billion consensus estimates.

Ticker: CMG

 

(3) [No Video Clip for non-Club Members] Spotify’s subscriber numbers aren’t translating into sales or earnings, says Jim Cramer (https://www.cnbc.com/video/2023/07/26/spotifys-subscriber-numbers-arent-translating-into-sales-or-earnings-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer takes a closer look at Spotify’s quarterly report.

Ticker: SPOT

 

(4) Executive Interview: Kroger CEO is confident about Albertsons deal despite FTC merger crackdown (https://www.cnbc.com/2023/07/26/kroger-ceo-is-confident-about-albertsons-deal-.html)

• Kroger CEO Rodney McMullen told CNBC’s Jim Cramer he is confident the company’s proposed merger with rival grocery chain Albertsons will receive approval from the FTC.
• The grocers announced their plans to merge in October, proposing a $24.6 billion deal.

Ticker: KR

 

(5) Cramer’s Lightning Round: Move on from Rocket Lab (https://www.cnbc.com/2023/07/26/cramers-lightning-round-move-on-from-rocket-lab.html)

• Palantir: “I had been against Palantir for some time until they put together a terrific quarter, and I told the CFO that, and I think they should come on because the stock’s going higher.”
• Tri Pointe Homes: “Tri Pointe is still good. I do prefer Toll, and I prefer Lennar, but I’ve got to admit the guys at Tri Pointe have really put together a fabulous business plan, and housing continues to go up in price no matter what the Fed does.”
• Transmedics Group: “Ok, this is transplant therapy, which is so vital in this country that I think that it transcends the earnings, and I do like the story.
• Cheesecake Factory: “Got a big menu there, lot of choices, that’s ok. My take is that Chipotle down a lot today is the one you want to go with.”
• Copa Holdings: “It’s impressive, I just went fishing in Panama, it was one of the great alternatives. I think it’s a good situation that people don’t know about. I think you got horse sense.”
• Super Micro Computer: “Well, that’s a good one, but you know it’s second to Nvidia as a way to play AI. So, remember, you’re in the number two, not the number one.”
• Rocket Lab: “No, let’s move on from Rocket Labs, let’s move on from them. They’re losing money… it’s not my cup of tea.”
• Merck & Co.: “I think Merck is re-inventing itself and is doing a terrific job, and I want you to hold the stock.”
• Kearny Financial: “Ok, that’s making a comeback, but I’ve got to tell you, if you’re going to be in the lower quality ones, you probably want to be in Key, which isn’t that bad, but otherwise Wells Fargo just announced a gigantic buyback. Why not go with Wells, big name for the charitable trust”.

Ticker: PLTR, TPH, TMDX, CAKE, CPA, SMCI, MRK, KRNY, BMY

 

(6) [No Video Clip for non-Club Members] Conference calls can play a big role in the direction of a stock, says Jim Cramer (https://www.cnbc.com/video/2023/07/26/conference-calls-can-play-a-big-role-in-the-direction-of-a-stock-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer takes a closer look at corporate earnings calls and what they can do for stocks.

Ticker: SNAP, MSFT, GE, T, TXN

 

Other Stocks Discussed (Call with Listeners): Energy Transfer (ET) [buy], AMD (AMD) [fine, sticking with it, charitable trust is sticking it too], MGM [take 10% off and let the rest run], Disney (DIS) [they do not have cash flow, do not have right move],

 

Ref: Links to other sites that relate to episode of July 26, 2023

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

Disclaimer

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