- This topic is empty.
-
Posts
-
-
This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, August 7, 2023. It also contains links to CNBC sites which contain video clips and transcripts.
(1) Jim Cramer sees more positives than negatives for the market ahead, citing economic growth with little inflation (https://www.cnbc.com/2023/08/07/jim-cramer-sees-more-positives-than-negatives-for-the-market-ahead.html)
- CNBC’s Jim Cramer on Monday told investors he sees an economy on the horizon that would be ideal for the stock market.
- “I just think the overarching issue here is that we’re getting exactly what Wall Street always wanted: growth with declining inflation,” Cramer said.
“Bottom Line; When the market comes down, consider buying on weakness – It’s a strong set-up.”
(2) Executive Interview: Campbell Soup CEO talks merger with Rao’s sauce maker: ‘This is a juggernaut’ (https://www.cnbc.com/2023/08/07/campbell-soup-ceo-on-raos-merger-this-is-a-juggernaut.html)
- Campbell Soup CEO Mark Clouse told CNBC’s Jim Cramer on Monday that his company’s acquisition of Rao’s sauce maker Sovos Brands is one of the best growth stories in the food business.
- Campbell will buy Sovos in a deal valued at $2.7 billion, the company said Monday.
- Along with Rao’s, Sovos also owns yogurt brand Noosa and frozen food brand Michael Angelo’s.
Ticker: CPB
(3) [No Video Clip for non-Club Members] Executive Interview: Xylem CEO Patrick Decker sits down with Jim Cramer (https://www.cnbc.com/video/2023/08/07/xylem-ceo-patrick-decker-sits-down-with-jim-cramer.html)
Xylem President and CEO Patrick Decker sits down with ‘Mad Money’ host Jim Cramer to talk the state of the water supply industry and the future of water purification.
Ticker: XYL
(4) [No Video Clip for non-Club Members] Executive Interview: Enbridge CEO Greg Ebel talks Q2 earnings (https://www.cnbc.com/video/2023/08/07/enbridge-ceo-greg-ebel-talks-q2-earnings.html)
Enbridge CEO Greg Ebel joins ‘Mad Money’ host Jim Cramer to talk quarterly earnings.
Ticker: ENB
(5) Cramer’s Lightning Round: Stay away from JetBlue (https://www.cnbc.com/2023/08/07/cramers-lightning-round-stay-away-from-jetblue.html)
- Vici Properties: “I’m bullish on that 5% yield, I think it’s a terrific situation.”
- Draftkings: ”[Buy, buy, buy!] You want to be in it before football season, I’ll tell you that much.”
- New York Community Bancorp: “They’ve changed their whole way of doing business, and they’ve changed it in a positive way. And even though the stock is up very big, I like it here.”
- General Electric: “I want you to stick with it, I think it’s just sensational.”
- JetBlue: “No, I want you to stay away. They missed the quarter, I really don’t want you to buy that stock.”
- DigitalOcean: “That stock got crushed last week, and I don’t understand why. I cannot give you an analysis until I find out exactly what the heck happened.”
- Cava: “I think Cava is a really good stock…Cava is loved, ok, and I think the stock can go to 60.”
Ticker: VICI, DKNG, NYCB, ENPH, GE, JBLU, DOCN, CAVA
(6)[No Video Clip for non-Club Members] If the government is trying to block all mergers that could be a problem for the economy, says Jim Cramer (https://www.cnbc.com/video/2023/08/07/if-the-government-is-trying-to-block-all-mergers-that-could-be-a-problem-for-the-economy-says-jim-cramer.html)
‘Mad Money’ host Jim Cramer takes a closer look at the M&A space.
Other Stocks Discussed (Call with Listeners): Southern Co, (SO) [cash SO, buy ENB], Blackrock (BLK) [I have been putting it in the bullpen, the company has a great technology], Moderna (MRNA)
Ref: Links to other sites that relate to episode of August 7, 2023
- Google Podcast (Sound）
- Internet Archive（Video & Texts per minute）
****************************
Previous episode Next Episode
-
- The topic ‘Mad Money: Key points from August 7, 2023 (Monday) Episode’ is closed to new replies.