Mad Money: Key points from April 30, 2024 (Tuesday) Episode

[Jun Kurema (暮眞★潤)]

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Tuesday, April 30, 2024.  It also contains links to CNBC sites which contain video clips and transcripts.

 

(1) Jim Cramer says interest rate worries helped bring on Tuesday’s end of April sell-off (https://www.cnbc.com/2024/04/30/jim-cramer-says-interest-rate-worries-helped-bring-april-sell-off.html)

• After a generally rough April, CNBC’s Jim Cramer parsed Tuesday’s market action, telling investors that anxiety about interest rates is a major reason stocks fell at the end of the month.
• Cramer emphasized that much of Wall Street’s attitude hinges on rate decisions made by the Federal Reserve, whose two-day meeting ends Wednesday.

 

(2) Restaurant Brands’ Patrick Doyle says Burger King’s varied prices help customers burdened by inflation (https://www.cnbc.com/2024/04/30/restaurant-brands-patrick-doyle-says-burger-kings-varied-prices-help-customers-burdened-by-inflation.html)

• Restaurant Brands International’s executive chairman Patrick Doyle discussed the state of the consumer with CNBC’s Jim Cramer, saying that menus with meals at varying price points help those who feel the weight of inflation.
• The company owns a number of fast-food chains, including Burger King, Popeyes and Tim Hortons.

Ticker: QSR

 

(3) Executive Interview: American Express CEO explains how the company is attracting younger consumers (https://www.cnbc.com/2024/04/30/american-express-ceo-explains-companys-success-with-younger-consumers.html)

• American Express CEO Steve Squeri told CNBC’s Jim Cramer on Tuesday how the company is attracting more millennial and Gen Z customers, saying the cohort made up 60% of new card acquisitions during the last quarter.
• Squeri said that in realizing the importance of having younger clientele, American Express strived to offer cards with a high value proposition for the group.

Ticker: AXP

 

(4) [No Video Clip for non-Club members] Watch Jim Cramer’s full interview with Coca-Cola CEO James Quincey (https://www.cnbc.com/video/2024/04/30/watch-jim-cramers-full-interview-with-coca-cola-ceo-james-quincey.html)

Coca-Cola CEO James Quincey sits down with ‘Mad Money’ host Jim Cramer to talk quarterly results, the state of the consumer, the impact of inflation and more.

Ticker: KO

 

(5) Cramer’s Lightning Round: Don’t sell Trade Desk (https://www.cnbc.com/2024/04/30/cramers-lightning-round-dont-sell-trade-desk.html)

• Trade Desk: “It absolutely is working, it’s doing fantastically. And Jeff Green is doing a remarkable job, and lot of people prefer it to Google. So I will tell you that even though it’s a very expensive stock, it is a good stock. And I would not sell it, I’m more inclined to buy it below the 80 level.”
• Edwards LifeSciences: “The new product line is very good, the stock is pulling back here. That may be the right level to buy it. They are doing very well now.”
• Delta: “I like Delta very much…I like it, I like United, too. I think they’re both good. Now, remember, they’re very inexpensive stocks, but they trade wildly. But I do like Delta.”
• Freeport-McMoRan: “I want it to come in first, it’s been straight up. I do not like parabolic moves.

Ticker: TTD, EW, DLA, FCX

 

(6) [No Video Clip for non-Club members] Liquor is one of the only groups negatively impacted by GLP-1s, says Jim Cramer (https://www.cnbc.com/video/2024/04/30/liquor-is-one-of-the-only-groups-negatively-impacted-by-glp-1s-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer looks at the market impact of wweight-loss drugs.

 

Other Stocks Discussed (calls with audience): Robinhood (HOOD) [Still go lower; wait and see]

 

Ref: Links to other sites that relate to episode of April 30, 2024

• Podcast at Spotify (Sound from Spotify）
• Internet Archive（Video & Texts per minute）

Disclaimer

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