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This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, October 30, 2023. It also contains links to CNBC sites which contain video clips and transcripts.
(1) After stocks rebound on Monday, Cramer explains how the market can keep rallying (https://www.cnbc.com/2023/10/30/cramer-explains-how-the-market-can-keep-rallying-.html)
- After a positive day for the major indexes, CNBC’s Jim Cramer gave investors several scenarios that may help the market continue to perform.
- These factors include more buyers, the bond market and slowing U.S. job growth.
What does the market need for a breakout?:
- New bond buyers and no more foreign selling
- Fed stops selling its bond hoard
- Data that shows growth without inflation
- An end to giant forecast cuts (e.g ON, WHR, DHR)
- Stock di,[omg the stocks pf well run companies on a temporary cut
- Acceptance of a potential Apple forecast cut
- No more price target cuts
- End to rate cut predictions – higher forever
- Wage cuts or no increases (charitable trusts owns ford)
- Wars contained to their current regions
(2) Executive Interview: New VF Corp CEO talks plans to improve business, including Vans turnaround (https://www.cnbc.com/2023/10/30/new-vf-corp-ceo-talks-plans-to-improve-business-.html)
- After a disappointing quarterly report, new VF Corp CEO Bracken Darrell told CNBC’s Jim Cramer how he plans to help the company revamp its business.
- VF Corp owns a number of notable brands, including Vans, North Face and Timberland.
Ticker: VFC
(3) [No Video Clip for non-Club Member]Jim Cramer looks at the possibility of a bull market in the aerospace sector (https://www.cnbc.com/video/2023/10/30/jim-cramer-looks-at-the-possibility-of-a-bull-market-in-the-aerospace-sector.html)
‘Mad Money’ host Jim Cramer takes a closer look at the aerospace sector to assess if its a bull market worth putting your money into.
Ticker: BA, HON [owned by charitable trust], RTX, GE [buy buy buy]
(4) [No Video Clip for non-Club Member] Executive Interview: Carnival Corp. CEO Josh Weinstein sits down with Jim Cramer (https://www.cnbc.com/video/2023/10/30/carnival-corp-ceo-josh-weinstein-sits-down-with-jim-cramer.html)
Carnival Corp. CEO Josh Weinstein sits down with ‘Mad Money’ host Jim Cramer to talk the state of the travel sector, where the cruise industry sits, quarterly results and more.
Ticker: CCL
(5) Cramer’s Lightning Round: Merck is a buy (https://www.cnbc.com/2023/10/30/cramers-lightning-round-merck-is-a-buy.html)
- Corning: “They reported a disappointing quarter. In this market, it stays disappointing, there’s just no bounce, maybe next year.”
- Vertiv: “I think it’s a buy.”
- Texas Instruments: “Just hold to it. Now, they are very shareholder friendly, but then again, they do have a lot of industrial that is not doing that well…You can hold onto it, but understand you’re not going to make a lot of money in it right not because that was a really terrible last quarter.”
- Merck: “Yes it is…I think Merck is doing very, very well.”
- Algonquin Power & Utilities: “Yes, the answer is yes. I see a lot of stocks that have come down to the point where I think that the utilities are buys.”
Ticker: GLW, VRT, TXN, MRK, AQN, CRH,
(6) [No Video Clip for non-Club Member] McDonald’s warnings on the customer is spot on, says Jim Cramer (https://www.cnbc.com/video/2023/10/30/mcdonalds-warnings-on-the-customer-is-spot-on-says-jim-cramer.html)
‘Mad Money’ host Jim Cramer checks in on the consumer after McDonald’s reported quarterly earnings with a side of consumer red flags.
Ticker: MCD
Other Stocks Discussed (Calls with Audiences): NVIDIA (NVDA) [the reason why you buy the stock of Nvidia longer term it has the most thoughtful AI content the reason why you might not want to buy short-term is the market is awful], Bank of America (BAC) [bank stock all trading same], Broadcom (AVGO) [I think Broadcom is a buy either way if they close the deal either way it will go up, if it cannot the CEO will buy as much as stock as possible because the stock is very cheap. The stock is going much higher, close or walk away, not limbo], L3Harris (LHX) [you should buy right here], Carrier Global (CARR) [CARR is a great buy, you can buy some at 47]
Ref: Links to other sites that relate to episode of October 30, 2023
- Google Podcast (Sound）
- Internet Archive（Video & Texts per minute）
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