Mad Money: Key points from June 27, 2024 (Thursday) Episode

[暮眞★潤 (Jun Kurema)]

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, June 27, 2024.  It also contains links to CNBC sites which contain video clips and transcripts.

 

(1) How is Amazon hurting Walgreens’ business? Jim Cramer explains (https://www.cnbc.com/2024/06/27/amazon-walgreens-jim-cramer.html)

• CNBC’s Jim Cramer told investors why he thinks Amazon is making it hard for Walgreens to succeed.
• Walgreens earnings fell short of Wall Street’s expectations, and shares plunged 22% on Thursday.

Ticker: AMZN, WBA

(2) [No Video Clip for non-Club members] Executive Interview: Micron CEO Sanjay Mehrotra goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2024/06/27/micron-ceo-sanjay-mehrotra-goes-one-on-one-with-jim-cramer.html)

Micron President and CEO Sanjay Mehrotra joins ‘Mad Money’ host Jim Cramer to talk Micron’s chip offerings, its recent earnings report, and more.

Ticker: MU

(3) [No Video Clip for non-Club members] Corning feels like a stealth play on the hottest trend in the world, says Jim Cramer (https://www.cnbc.com/video/2024/06/27/corning-feels-like-a-stealth-play-on-the-hottest-trend-in-the-world-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer digs into Corning’s quarterly report and how to play the glassware maker.

Ticker: GLW

(4) AeroVironment CEO describes how drones are the future of modern warfare

(https://www.cnbc.com/2024/06/27/aerovironment-ceo-describes-how-drones-are-the-future-of-modern-warfare.html)

• In a Thursday interview with CNBC’s Jim Cramer, AeroVironment CEO Wahid Nawabi described how his company’s drones are used in battle, saying the technology will be a significant part of modern warfare.
• “The fundamental shift in warfare is that distributed intelligent robotic systems, loitering munitions, small drones — that’s what we specialize in — is going to be a much bigger piece of the warfare in the future,” he said.

Ticker: AVAV

(5) Cramer’s Lightning Round: ‘Hold on to’ Marvell Technology (https://www.cnbc.com/2024/06/27/cramers-lightning-round-hold-on-to-marvell-technology.html)

• Palantir: ”…It’s one big, giant black box except for the consumer product goods company, so I’m going to have to say there’s other people better to ask.”
• GameStop: “GameStop raised enough money off the backs of the apes, the memes, the kitties — whatever — that they can reinvent the company. If they reinvent the company, then you’re absolutely right. They have such a big war chest that they can just close all the bad GameStops, and, you know what, they can open nationwide ice cream parlors.”
• Recursion Pharmaceuticals: ”…I don’t like desperation. Let’s eliminate desperation.”
• IonQ: “This is a company that if it were actually to make money, I would start liking it.”
• Marvell Technology: “You should hold on to it.”

Ticker: PLTR, GME, RXRX, IONQ, MRVL

(6) [No Video Clip for non-Club members] Jim Cramer talks cutting through the noise with company guidance (https://www.cnbc.com/video/2024/06/27/jim-cramer-talks-cutting-through-the-noise-with-company-guidance.html)

‘Mad Money’ host Jim Cramer advises investors on how to cut through the noise during earnings season.

Ticker: LVIS

 

Other Stocks Discussed (calls with audience):Nucor Corporation (NUE), Datadog, Inc. (DDOG) [can go higher]

 

Ref: Links to other sites that relate to episode of June 27, 2024

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

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