Mad Money: Key points from August 7, 2024 (Wednesday) Episode

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      This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Wednesday, August 7, 2024.  It also contains links to CNBC sites which contain video clips and transcripts.

       

      (1) Cramer looks at Disney’s post-earnings stock move to explain Wall Street dynamics (https://www.cnbc.com/2024/08/07/cramer-how-disneys-wednesday-stock-move-explains-wall-street-dynamics.html)

      • CNBC’s Jim Cramer used Disney’s Wednesday stock performance to explain how investors want rate cuts but are also concerned by a lack of consumer spending.
      • “The Fed can rejoice and stretch the time before it cuts rates until it sees the Disneys of the world cut prices en masse, or it can anticipate what’s going to happen and move now,” he said.

      Ticker: DIS, ABNB

       

      (2) Executives Interview: CVS CEO says she’s ‘taking direct ownership’ to fix Aetna insurance business (https://www.cnbc.com/2024/08/07/cvs-ceo-says-shes-taking-direct-ownership-to-fix-aetna-business.html)

      • In a Wednesday interview with CNBC’s Jim Cramer, CVS CEO Karen Lynch said she is taking responsibility for the company’s Aetna insurance business after the most recent quarter missed expectations.
      • “I’m taking direct ownership and am going to focus on the financial and operational execution of that business,” she said.

      Ticker: CVS

       

      (3) [No Video Clip for non-Club members] Executives Interview: Celsius Holdings CEO John Fieldly sits down with Jim Cramer (https://www.cnbc.com/video/2024/08/07/celsius-holdings-ceo-john-fieldly-sits-down-with-jim-cramer.html)

      Celsius Holdings Chair, President and CEO John Fieldly joins ‘Mad Money’ host Jim Cramer to talk consumer trends, international sales, and more.

      Ticker: CELH

       

      (4) [No Video Clip for non-Club members] Executives Interview: Devon Energy CEO Rick Muncrief talks acquisitions (https://www.cnbc.com/video/2024/08/07/devon-energy-ceo-rick-muncrief-talks-acquisitions.html)

      Devon Energy President and CEO Rick Muncrief joins ‘Mad Money’ host Jim Cramer to talk its acquisition of Williston.

      Ticker: DVN

       

      (5) Cramer’s Lightning Round: Oneok is a buy (https://www.cnbc.com/2024/08/07/cramers-lightning-round-oneok-is-a-buy.html)

      • Dollar Tree: “The problem with Dollar Tree is that people I think have discovered that the small form is no longer working, they would rather go to Walmart, which is a buy, or Costco if they can afford the membership fee.”
      • Oneok: “I think Oneok is terrific. I would indeed buy more.”
      • Dexcom: “Dexcom had a real bad miss. They still really haven’t fully explained why that is…I’d stay away from Dexcom.”
      • CRISPR Therapeutics: “CRISPR I happen to have a sweet spot for…I would be a buyer of CRISPR.”
      • KeyCorp: “Definitely keep Key. Key is very, very strong, a terrific, terrific bank.”

      Ticker: DLTR, OKE, DXCM,  CRSP, KEY

       

      (6) [No Video Clip for non-Club members] We’re in a bear market for commodities, except gold, says Jim Cramer (https://www.cnbc.com/video/2024/08/07/were-in-a-bear-market-for-commodities-except-gold-says-jim-cramer.html)

      ‘Mad Money’ host Jim Cramer

      Ticker: FETH, IBIT

       

      Other Stocks Discussed (calls with audience): IBM (IBM) [buy buy buy], Dover Corporation (DOV) or Eaton Corporation (ETN) [DOV buy now], Moderna (MRNA)

       

      Ref: Links to other sites that relate to episode of August 7, 2024

      Disclaimer

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