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This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, November 8, 2023. It also contains links to CNBC sites which contain video clips and transcripts.
(1) Jim Cramer examines why the ‘Magnificent Seven’ tech stocks have seen volatility in the market (https://www.cnbc.com/2023/11/08/jim-cramer-examines-magnificent-seven-market-volatility.html)
- CNBC’s Jim Cramer on Wednesday detailed why the “Magnificent Seven” tech stocks are often traded on Wall Street, but also why he thinks they still have lasting value.
- The “Magnificent Seven” are Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla.
Ticker: GOOGL [tough to own. Nothing wrong except cloud business, hope they explained it during the conference call, that make people left and come back realizing it was wrong], AMZN [“Amazon had been a rocky story for ages”, likely to go new high, after MSFT], AAPL [“there is a new buyer of AAPL stock that wants it for the service stream”], META [:META is crushing it in the AD world”], MSFT [“what hurt Microsoft’s previous quarter ended up helping this quarter”], NVDA [“I think that Nvidia is still not believed on the street.”], TSLA [“unlike the rest of the magnificent 7, TSLA actually didn’t report a great quarter”]
“Bottom line: As obvious as these winners seem in retrospect, it was very easy to get shaken out.”
(2) [No Video Clip for non-Club Member] Executive Interview: Dutch Bros CEO Joth Ricci goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2023/11/08/dutch-bros-ceo-joth-ricci-goes-one-on-one-with-jim-cramer.html)
Dutch Bros CEO Joth Ricci sits down with Jim Cramer to talk quarterly earnings, consumer behavior, the incoming CEO and more.
Ticker: BROS
(3) [No Video Clip for non-Club Member] Jim Cramer diagnoses Humana’s decline after reporting earnings ()
‘Mad Money’ host Jim Cramer takes a closer look at Humana after the stock dropped following earnings.
Ticker: HUM [Charitable trust owns HUM]
“Bottom Line: Don’t seat the small stuff with Humana… I urge you to buy it into this post-earnings pullback.”
(4) Arm CEO talks company’s future beyond smartphones after first quarterly report since IPO (https://www.cnbc.com/2023/11/08/arm-ceo-talks-companys-future-beyond-smartphones-.html)
- Arm CEO Rene Haas discussed the company’s business beyond smartphones with CNBC’s Jim Cramer, saying less than half of its revenue comes from that segment.
- The company made its market debut in September with an initial public offering valued at over $54 billion.
Ticker: ARM
(5) Cramer’s Lightning Round: ‘Do not touch’ UiPath (https://www.cnbc.com/2023/11/08/cramers-lightning-round-do-not-touch-uipath.html)
- Fortinet: “I don’t want you in Fortinet, I want you in Palo Alto Networks…I think that’s going much higher.”
- UiPath: “No, no…Do not touch PATH.”
- Prudential: I’m concerned about it, because when I see a stock that yields 5.5 and sells at 7 times earnings, it makes me think that something’s wrong, not something’s cheap. So let’s just be careful.”
- Diageo: “Getting bad vibes of Diageo…I want you to stay away from Diageo.”
- Textron: “Textron is way too cheap. I don’t understand why it’s down here. It’s a buy.”
- Target: ”…That stock would be dramatically higher if it weren’t for stealing.”
Ticker: FTNT, PATH, PRU, DEO, TXT, TGT
(6) [No Video Clip for non-Club Member] I think Toast is in a very competitive segment, says Jim Cramer (https://www.cnbc.com/video/2023/11/08/i-think-toast-is-in-a-very-competitive-segment-says-jim-cramer.html)
‘Mad Money’ host Jim Cramer takes a closer look at Fintech stocks.
Ticker: HOOD, TOST, UPST
Other Stocks Discussed (Calls with Audiences): Intel (INTC) [ARM can go faster] , L3Harris (LHX) [buy buy buy buy buy, pick up LHX right here], UnitedHealth (UNH) [I like it. If it dips, buy more]
Ref: Links to other sites that relate to episode of November 8, 2023
- Google Podcast (Sound）
- Internet Archive（Video & Texts per minute）
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