Mad Money: Key points from October 26, 2023 (Thursday)

[Jun Kurema (暮眞★潤)]

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, October 26, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

 

(1) Jim Cramer names six stocks worth looking to buy if there’s a major sell-off (https://www.cnbc.com/2023/10/26/jim-cramer-look-to-buy-these-six-stocks-if-theres-a-major-sell-off.html)

• In the event of a “crescendo of selling” that may lead to a market bottom, CNBC’s Jim Cramer offered the names of six stocks worth looking at to buy on the way down.
• Cramer’s list includes Microsoft, Meta and ServiceNow.

Cramer’s “Swoosh” shopping List – Earnings beats & beaten down: MSFT, WM, META, PG, GE, NOW

(2) Executive Interview: Hertz CEO says company will continue to add electric vehicles to its fleet, despite issues (https://www.cnbc.com/2023/10/26/hertz-ceo-company-will-continue-to-add-electric-vehicles-to-its-fleet.html)

• Hertz CEO Stephen Scherr told CNBC’s Jim Cramer that his company will continue buying electric vehicles despite problems with the cars over the last quarter.
• “I think there’s no technology change, EVs included, that run a straight line without some hiccups and challenges, and that’s this,” Scherr said.

Ticker: HTZ

 

(3) [No Video Clip for non-Club Member] Jim Cramer digs into Dollar General’s stock and CEO return (https://www.cnbc.com/video/2023/10/26/jim-cramer-digs-into-dollar-generals-stock-and-ceo-return.html)

‘Mad Money’ host Jim Cramer takes a closer look at Dollar General on news former CEO Todd Vasos is returning to take over his old positon.

Ticker: DG

 

(4) [No Video Clip for non-Club Member] Executive Interview: Life Time CEO Bahram Akradi talks quarterly earnings with Jim Cramer (https://www.cnbc.com/video/2023/10/26/life-time-ceo-bahram-akradi-talks-quarterly-earnings-with-jim-cramer.html)

Life Time CEO Bahram Akradi joins ‘Mad Money’ host Jim Cramer to talk quarterly earnings and the stock falling significantly this week.

Ticker: LTH

 

(5) Cramer’s Lighting Round: ‘Stay away’ from HF Sinclair (https://www.cnbc.com/2023/10/26/cramers-lighting-round-stay-away-from-hf-sinclair.html)

• Toast: ”…point of sale is not a good business. I’d be careful there.”
• CVS: “Remember, CVS, in the end, is a retailer that has a healthcare business. It’s not a healthcare business that is a retailer, and retail means theft. I don’t know if you’ve been to a CVS lately, but you know, you got to have that, like, master key to be able to go get some Gillette razor blades. That’s not my way of shopping.”
• Canadian Natural Resources: “I like that company. I think you got horse sense. I’d be a buyer of that.”
• HF Sinclair: “I’ve got so many other good oil companies…I want to stay away from HF Sinclair.”
• Exact Sciences: “I think they’re going to have to start making a lot more money. It’s been a sales story, I like earnings story right now.”
• SoFi: “I like SoFi, but remember, it is a bank in the end, even though it’s a membership bank. And banks are all going back down again because we’re fighting the Fed, but I would stay long SoFi.”

Ticker: TOST, CVS, CNQ, DINO, EXAS, SOFI

 

(6) [No Video Clip for non-Club Member] Jim Cramer talks his ‘hidden trampoline’ dividend theory (https://www.cnbc.com/video/2023/10/26/jim-cramer-talks-his-hidden-trampoline-dividend-theory.html)

‘Mad Money’ host Jim Cramer takes a closer look at companies using his ‘hidden trampoline’ dividend theory.

Ticker: WHR, UPS

 

Other Stocks Discussed (Calls with Audiences): Eli Lilly (LLY) [] , Macy’s (M) [not hurt buying some here but don’t like retailers ] , Home Deport (HD) [not buy], Target (TGT) [14% , I like TGT],

 

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

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

Disclaimer

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