Mad Money: Key points from June 14, 2024 (Friday) Episode

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      This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Friday, June 14, 2024.  It also contains links to CNBC sites which contain video clips and transcripts.

       

      (1) Cramer’s week ahead: A closer look at housing with Lennar and KB Home earnings (https://www.cnbc.com/2024/06/14/cramers-week-ahead-earnings-from-lennar-and-kb-home.html)

      • CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, including earnings reports from homebuilders Lennar and KB Home.
      • He said that the housing sector can be the “linchpin” of the economy.

       

      (2) [No Video Clip for non-Club members] Rewarding to watch Regeneron’s progress these past 19 years, says Jim Cramer (https://www.cnbc.com/video/2024/06/14/rewarding-to-watch-regenerons-progress-these-past-19-years-says-jim-cramer.html)

      ‘Mad Money’ host Jim Cramer looks at the health of Regeneron.

      Ticker: REGN [more room to run; buy buy buy]

       

      (3) [No Video Clip for non-Club members] Right now, RH feels like a questionable investment at best, says Jim Cramer (https://www.cnbc.com/video/2024/06/14/right-now-rh-feels-like-a-questionable-investment-at-best-says-jim-cramer.html)

      ‘Mad Money’ host Jim Cramer looks at luxury furniture chain RH and why the stock plunged 17% today.

      Ticker: RH [right now it is questionable investment]

       

      (4) [No Video Clip for non-Club members] Jim Cramer grades viewer portfolios for diversification (https://www.cnbc.com/video/2024/06/14/jim-cramer-grades-viewer-portfolios-for-diversification.html)

      ‘Mad Money’ host Jim Cramer looks at viewer portfolios to deem if they are diersified or if there’s work to do.

      • LLY, AMZN, KVUE, CMG, NVDA –> get rid of KVUE, add PG
      • AAPL, CTRE, DELL, SWK, GEHC –> get rid of DELL, add ABT
      • AMZN, GOOGL, F, NVDA, NOVO –> keep AMZN and NVDA, get rid of GOOGL and add industrial = ETN
      •  AEP, NYCD, PLTR, SNOW, VNOM –> allow it but worry about quality not diversification

      (5) Cramer’s Lightning Round: ‘Let’s stay away’ from Unity Software (https://www.cnbc.com/2024/06/14/cramers-lightning-round-lets-stay-away-from-unity-software.html)

      • Vistra: “It’s a momentum stock, and momentum stocks can’t really withstand that kind of drop. That said, I do think that it’s the sweet spot of the energy, energy market. I prefer Constellation.” ”
      • Novavax: “No, you’re not going to get me in that one…Anything Covid is not really making a lot of money for people. I do believe that that was a very lucky break for them, but it’s not going to get me into that stock. It lost too much money for people.”
      • Twilio: “I still can’t recommend Twilio.”
      • H.B. Fuller: ”…It’s a great, little industrial company. It’s been around forever and you should buy it.”
      • Unity Software: “That is just a falling knife…Let’s stay away.”
      • Ardagh Metal Packaging: “I do not know that one.”
      • SoFi: “Right now, that last quarter was not great. I just didn’t like it. And I’m going to have to wait.”

      Ticker: VST, NVAX, TWLO, FUL, U, AMBP

       

      (6) Jim Cramer says it’s time to take some profits in AI stocks (https://www.cnbc.com/2024/06/14/jim-cramer-says-its-time-to-take-some-profits-in-ai-stocks.html)

      • CNBC’s Jim Cramer told investors it may be time to ring the register on AI stocks that have seen massive gains.
      • “Let’s not be too greedy,” he said. “Remember, this remarkable, albeit limited, narrow, year — you don’t want to spoil it by refusing to ring the register on every one of your stocks that may be AI.”

      Ticker: AAPL, ORCL, AVGO, ADBE, NVDA

       

      Other Stocks Discussed (calls with audience): Zoetis (ZTS) [it is a one horse competition, and when it has competition, it is worrisome], Mastercard (MA) [I like the stock very much], Wayfair (W) [not recommend], Macy’s (M) [buy Macy’s]

       

      Ref: Links to other sites that relate to episode of June 14, 2024

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