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2024-03-09 at 2:18 AM #7832暮眞★潤 (Jun Kurema)Keymaster
This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, March 8, 2024. It also contains links to CNBC sites which contain video clips and transcripts.
(1) Cramer’s week ahead: Earnings from Adobe, Dollar Tree and Dollar General (https://www.cnbc.com/2024/03/08/cramers-week-ahead-earnings-from-adobe-and-dollar-stores.html)
- CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe’s earnings report, as well as ones from Dollar General and Dollar Tree.
- He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation.
“Bottom Line: You need to keep an eye on the consumer and producer price index numbers … But don’t forget to follow individual companies, too.”
(2) Jim Cramer reviews Citi’s European ‘Super Seven’ (https://www.cnbc.com/2024/03/08/jim-cramer-reviews-citis-european-super-seven.html)
- CNBC’s Jim Cramer on Friday reviewed the “Super Seven,” mega cap European stocks Citi recently named as alternatives to the Magnificent Seven, but with lower valuations.
- The Super Seven are: Novo Nordisk, ASML, LVMH, Richemont, SAP, Schneider Electric and Ferrari.
European Super 7: NVO [a lot more room to run], ASML, LVMUY, CFRUY, SAP, SBGSY, RACE
“Bottom Line: These are some great long-term winners that you should look to add in weakness.”
(3) [No Video Clip for non-Club members] Off-the-Chart: Jim Cramer hits the charts to see where gold is headed after hitting record highs (https://www.cnbc.com/video/2024/03/08/jim-cramer-hits-the-charts-to-see-where-gold-is-headed-after-hitting-record-highs.html)
‘Mad Money’ host Jim Cramer takes a look at gold futures and where they are heading.
“Bottom Line: Gold’s had a big move, but the chartist thinks it has more room to run.”
(4) [No Video Clip for non-Club members] Jim Cramer grades viewer portfolios on diversification (https://www.cnbc.com/video/2024/03/08/jim-cramer-grades-viewer-portfolios-on-diversification.html)
‘Mad Money’ host Jim Cramer takes viewer calls and grades their portfolios on diversification.
- AMD, NVDA, MSFT, COST, BLDR –> add LLY, add GE, remove ADM and MSFT
- CVX, LLY, V, BRK, WMT –> perfection
- RIVN, UBER, CLSK, MCD, SMCI –> good
- PFE, PANW, KHC, VZ, ABT –> remove PFE add GE, remove KFH add PG [PG is a charitable trust name]
- NVDA, BRK, BLK [bullpen], ARM, TT –> remove ARM add LLY
(5) Cramer’s Lightning Round: GE HealthCare can go higher (https://www.cnbc.com/2024/03/08/cramers-lightning-round-ge-healthcare-can-go-higher.html)
- GE HealthCare: “You want a stock that goes higher? That’s GE Healthcare.”
- BWX Technologies: “I like nuke, but the way I want to play it is Vernova, which is going to be spun off by GE in April…”
- Qualcomm: “Qualcomm is a quandary to me because I don’t think they have the horse power to merit that stock being this high, but I understand people want to own it. It’s not for me.”
- Ares Capital: “Here’s the problem with this company: I have no idea what they really own, and when I don’t know what they really own, I can’t get behind it, because I could be surprised. It’s had a good run though.”
- Coherent: “Red-hot laser stock that actually has mojo, and I’m not going to tell you to not buy it. I am going to tell you, please wait for a little pullback.”
- Pure Storage: “It took a long time to turn around, but it is a winner.”
- Manhattan Associates: “It is a very, very good company…It’s a winner.”
Ticker: GEHC, BWXT, QCOM, ARCC, COHR, PSTG, MANH
(6) [No Video Clip for non-Club members] Costco is at the vanguard of the fight against inflation, says Jim Cramer (https://www.cnbc.com/video/2024/03/08/costco-is-at-the-vanguard-of-the-fight-against-inflation-says-jim-cramer.html)
‘Mad Money’ host Jim Cramer looks at Costco and the legacy of outgoing CFO Rich Galanti.
Ticker: COST
Other Stocks Discussed (calls with audience): Meta Platform (META) [You should stick with it no matter what], Alphabet (GOOGL) [It is what they can do that makes me what to keep it, not what it is doing], Toast (TOST) [it is doing well], Barrack Gold (GOLD) [disappointing, concerned about situation], ONEOK (OKE) [it is my favorite stock]
Ref: Links to other sites that relate to episode of March 8, 2024
- Podcast at Spotify (Sound from Spotify)
- Internet Archive(Video & Texts per minute)
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