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This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, October 12, 2023. It also contains links to CNBC sites which contain video clips and transcripts.
(1) Jim Cramer says this earnings season might be ‘a rough one’ (https://www.cnbc.com/2023/10/12/jim-cramer-says-this-earnings-season-might-be-a-rough-one.html)
- CNBC’s Jim Cramer on Thursday said he thinks the upcoming earnings season might be tough due in part to continued inflation.
- He also said the market is facing an “unforgiving backdrop” that may cause many on Wall Street to interpret earnings negatively.
Ticker: PEP, CAG, K, GIS, HRL, WBA
(2) Cramer examines the consumer price index report, says inflation was ‘slightly too hot’ (https://www.cnbc.com/2023/10/12/cramer-examines-the-cpi-report-says-inflation-was-slightly-too-hot.html)
- CNBC’s Jim Cramer explained Thursday’s consumer price index report for September, saying although the figures showed increased inflation, they could have been worse.
- “In the end, the CPI report wasn’t great but it wasn’t that bad either, and investors kept their composure, taking the slightly too hot inflation number in stride,” he said
(3) [No Video Clip for non-Club Member] Jim Cramer talks Delta earnings, tells investors to get more selective with airlines (https://www.cnbc.com/video/2023/10/12/jim-cramer-talks-delta-earnings-tells-investors-to-get-more-selective-with-airlines.html)
‘Mad Money’ host Jim Cramer is taking a deep dive into Delta Air Lines earnings.
Ticker: AAL, DAL
(4) [No Video Clip for non-Club Member] Jim Cramer answers questions from this weeks Monthly Investing Club meeting (https://www.cnbc.com/video/2023/10/12/jim-cramer-answers-questions-from-this-weeks-monthly-investing-club-meeting.html)
‘Mad Money’ host Jim Cramer answers some questions from this week’s Monthly Investing Club meeting.
- Directions of the oil as an investor? –> We should always have one or two of these. Charitable trust have a natural gas stock called Coterra.
- SOFI –>
- CAG, CPB, DAR –> you don’t wan to own that.
- BA –> not run well as it should be.
(5) Cramer’s Lightning Round: Sell Phathom Pharmaceuticals (https://www.cnbc.com/2023/10/12/cramers-lightning-round-sell-phathom-pharmaceuticals.html)
- ChargePoint: “No. I mean, that’s losing money, we’re not going to buy it.”
- Phathom Pharmaceuticals: “Way too speculative…I would sell the stock.”
- Luminar Technologies: “No, losing too much money…We’re going to have to say no to that one too.”
- Taiwan Semiconductor: “I like Taiwan Semiconductor very much, and I think should be bought. My only risk there is China, and I am concerned, but I think it will be ok.”
- Axon: “I like Axon very much. Very well-run company, they do a lot of good things. I think it has been one of my longest-standing recommendations, and you should buy the stock.”
- Navitas Semiconductor: “No. So many semiconductors are making a ton of money here. We’re not going to buy one that is actually losing money. So we’re going to have to say no to Navitas.”
- RTX: ”…Their commercial business has gotten very tough because of that problem with that one engine…I don’t think we can touch it still.”
Ticker: CHPT, PHAT, LAZR, TSW, AXON, NVTS, BHVN, RTX
(6) [No Video Clip] Potential Permian Pushback?
Ticker: XOM, PXD
Other Stocks Discussed (Calls with Audiences): Caterpillar (CAT) [you should buy more, charitable trust owns it], Instacart (CART) [sell sell sell], T-Mobiles (TMUS), Lyft (LYFT) [we need this cannot just have UBER], Ford (F) [hold; charitable trust owns it]
Ref: Links to other sites that relate to episode of October 12, 2023
- Google Podcast (Sound）
- Internet Archive（Video & Texts per minute）
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