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2024-05-20 at 10:06 PM #8039暮眞★潤 (Jun Kurema)Keymaster
This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, May 20, 2024. It also contains links to CNBC sites which contain video clips and transcripts.
(1) Cramer explains why it’s important to acknowledge the Dow 40,000 milestone (https://www.cnbc.com/2024/05/20/cramer-reflects-on-the-dow-40000-milestone-for-wall-street.html)
- After the Dow Jones Industrial Average topped 40,000 last week, Cramer reflected on his decades-long career.
Cramer stressed how the Dow’s record was propelled by stocks in a variety of sectors beyond technology, including industrials, pharmaceuticals and banks. - “What the heck is the matter with celebrating when stocks go up? Don’t we want to make money?” he asked.
(2) [No Video Clip for non-Club members] Executive Interview: Kontoor Brands CEO Scott Baxter goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2024/05/20/kontoor-brands-ceo-scott-baxter-goes-one-on-one-with-jim-cramer.html)
Kontoor Brands Chair, President and CEO Scott Baxter joins ‘Mad Money’ host Jim Cramer to talk its direct-to-consumer
Ticker: KTB
(3) Executive Interview: Norwegian Cruise Line CEO says millennials and Gen Z are the ‘fastest growing’ segment (https://www.cnbc.com/2024/05/20/norwegian-cruise-line-ceo-says-millennials-and-gen-z-are-the-fastest-growing-segment.html)
- Norwegian Cruise Line CEO Harry Sommer told CNBC’s Jim Cramer on Monday that younger generations are becoming more interested in the company’s offerings.
- Shares of Norwegian jumped on Monday after management raised guidance for the second time this month.
- According to Sommer, Norwegian continues to see demand among its target customer base, “middle and upper tier income consumers.”
Ticker: NCLH
(4) Executive Interview: Billings is a broken metric in this market, says Palo Alto Networks’ CEO Nikesh Arora (https://www.cnbc.com/video/2024/05/20/billings-is-a-broken-metric-in-this-market-says-palo-alto-networks-ceo-nikesh-arora.html)
Palo Alto Networks Chairman and CEO Nikesh Arora joins ‘Mad Money’ host Jim Cramer to talk its recent earnings report and stock reaction.
Ticker: PANW
(5) Cramer’s Lightning Round: ‘Stay away’ from Canada Goose (https://www.cnbc.com/2024/05/20/cramers-lightning-round-stay-away-from-canada-goose.html)
- Abbott Laboratories: “The outlook is fabulous. There is a lawsuit in July that, involving formula…We’re waiting until at least it gets to par or 100 to be able to buy more. But we believe in the company.”
- Nutanix: “Nutanix is what the market wants right now. It’s enterprise software, enterprise cloud platforms. People can’t get enough of it…I have too much discipline to recommend the stock at this level.”
- Dutch Bros: ”[buy, buy, buy!].”
- Canada Goose: ”…When I see a company report that kind of number that good and it doesn’t go up, I say, ain’t nothing going to get this thing going. Let’s stay away.”
- MeiraGTx: ”…It is a worthy spec. You want to be there because it’s limited downside and some nice upside.”
Ticker: ABT, NTNX, BROS, GOOS
(6) [No Video Clip for non-Club members] We’re seeing a change in history with Nvidia’s quarter, says Jim Cramer (https://www.cnbc.com/video/2024/05/20/were-seeing-a-change-in-history-with-nvidias-quarter-says-jim-cramer.html)
‘Mad Money’ host Jim Cramer looks ahead to Nvidia’s highly anticipated quarterly report.
Ticker: MSFT, NFLX, GOOG
Other Stocks Discussed (calls with audience):Alibaba (BABA) [buy if you have a stomach to buy Chinese stock],Tesla 9TSLA) [buy in scale], Constellation Energy (CEG) [it can be bought], Monday.com (MNDY) [mini Salesforce.com, not bed against it]
Ref: Links to other sites that relate to episode of May 20, 2024
- Podcast at Spotify (Sound from Spotify)
- Internet Archive(Video & Texts per minute)
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