Mad Money: Key points from August 21, 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 21, 2024.  It also contains links to CNBC sites which contain video clips and transcripts.

       

      (1) Cramer explains why certain retailers saw success in today’s consumer environment (https://www.cnbc.com/2024/08/21/cramer-explains-why-retailers-saw-success-in-todays-consumer-environment.html)

      • As major retailers start to report earnings this season, CNBC’s Jim Cramer suggested why some companies managed to draw in shoppers in a changeable consumer environment.
      • To him, outfits like Walmart, Target, TJX and Costco fared well because they have low prices, attracting consumers tired of inflation and more selective about where they shop.

      Ticker: TGT, TJX, WMT, COST

       

      (2)[No Video Clip for non-Club members] Jim Cramer gets the pulse of the healthcare sector’s recent rebound (https://www.cnbc.com/video/2024/08/21/jim-cramer-gets-the-pulse-of-the-healthcare-sectors-recent-rebound.html)

      ‘Mad Money’ host Jim Cramer looks at healthcare trade HCA and if its worht adding to your portfolio.

      Ticker: HCA

       

      (3) [No Video Clip for non-Club members] Not ready to chase Harrow on long-term assumptions at this point, says Jim Cramer (https://www.cnbc.com/video/2024/08/21/not-ready-to-chase-harrow-on-long-term-assumptions-at-this-point-says-jim-cramer.html)

      ‘Mad Money’ host Jim Cramer does his homework on eye care business Harrow.

      Ticker: HROW

       

      (4) Executive Interview: Snowflake says data breach has not affected core business (https://www.cnbc.com/2024/08/21/snowflake-says-data-breach-has-not-affected-core-business-.html)

      • In a Wednesday interview with CNBC’s Jim Cramer, Snowflake CEO Sridhar Ramaswamy said the cyber attack the enterprise software company faced earlier this year has not impacted business.
      • “These headlines, and that’s what they are, have not really affected our core business with existing or new customers,” Ramaswamy said. “We obviously talk about security a lot more with customers because we want them to be safe, but the core Snowflake platform is incredibly strong and secure.”

      Ticker: SNOW

       

      (5) Cramer’s Lightning Round: IBM is a buy (https://www.cnbc.com/2024/08/21/cramers-lightning-round-ibm-is-a-buy.html)

      • New York Mortgage: ”…Don’t buy, don’t buy.”
      • Zim: “I think it’s Zim’s time still…I say you hold on to Zim.”
      • PJT Partners: ”…It’s a dice roll. I can’t find out a lot about it. I have to be more certain about a company before I can opine it on this show.”
      • Nano Nuclear Energy: “This is a company that doesn’t make money…I know that we all want to play nuclear energy as a way to be able to get cheaper power for the data centers. I’m not going to recommend Nano as the way to do it.”
      • Lumen Technologies: “This is a parabolic move…I was blind to it, and the trade is done.”
      • IBM: “I think IBM’s doing a great job…I would hold on to it or buy some.”

      Ticker: NYMT, ZIM, PJT, NNE, LUMN, IBN

       

      (6) [No Video Clip for non-Club members] Homebuilders would rather buy their stock on Wall St. than build homes on Main St.: Jim Cramer (https://www.cnbc.com/video/2024/08/21/homebuilders-would-rather-buy-their-stock-on-wall-st-than-build-homes-on-main-st-jim-cramer.html)

      ‘Mad Money’ host Jim Cramer takes a closer look at Toll Brothers following earnings.

       

      Other Stocks Discussed (calls with audience): AMD (AMD) [you can buy more],  Chubb Limited (CB) [do not buy other than CB]

       

      Ref: Links to other sites that relate to episode of August 21, 2024

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