Mad Money: Key points from September 5, 2024 (Thursday) Episode

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2024-09-06 at 11:08 PM #8288

Keymaster

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, September 5, 2024. It also contains links to CNBC sites which contain video clips and transcripts.

(1) Jim Cramer says investors should be ‘playing the waiting game’ until the Fed makes a move (https://www.cnbc.com/2024/09/05/jim-cramer-to-investors-be-patient-until-fed-move.html)

As Wall Street braces itself for the results of Friday’s labor report, CNBC’s Jim Cramer told investors not to make any major moves and listed off certain mistakes that he thinks many are making.

“We’re just playing the waiting game, with all extremes off the table,” he said. “Sometimes it’s okay just to sit on your hands, watch some football, hey, even read a book—anything other than trading, at least until we get more clarity from the data and the Fed.”

(2) & (3) Jim Cramer compares his favorite stocks to his favorite players in annual fantasy draft (https://www.cnbc.com/2024/09/05/jim-cramer-compares-his-favorite-stocks-to-his-favorite-players-in-annual-fantasy-draft.html)

As the football season kicks off with a game between the Baltimore Ravens and the Kansas City Chiefs, CNBC’s Jim Cramer drafted a fantasy portfolio, equating his favorite stocks with top players in the National Football League.

Cramer picked Apple as his quarterback, comparing the iPhone maker to the Buffalo Bills’ Josh Allen.
He also called Nvidia one of the market’s wide receivers, likening the stock to the Miami Dolphins’ Tyreek Hill.

Position	Stock	Football Player
Quarterback	Apple (AAPL)	Josh Allen
Running Back	3M (MMM) Cummins (CMI)	Saquon Barkley Jahmyr Gibbs
Wild Receiver	Nvidia (NVDA) Vistra Corp (VST) Reddit (RDDT)	Tyreek Hill CeeDee Lamb Marvin Harrison
Tightened	HCA Healthcare (HCA) Simon Property Group, (SPG)	Sam LaPorta Michael Pittman Jr.
Defense	Kimberly Clark (KMB)	Dallas Cowboys
Kicker	Adobe (ADBE)	Brandon Aubrey

(4) [No Video Clip for non-Club members] Executive Interview: Caterpillar CEO Jim Umpleby goes one-on-one with Jim Cramer (https://www.cnbc.com/video/2024/09/05/caterpillar-ceo-jim-umpleby-goes-one-on-one-with-jim-cramer.html)

Caterpillar chairman and CEO Jim Umpleby, joins ‘Mad Money’ host Jim Cramer to talk the company’s quarterly earnings, the impact of rate adjustments and more.

Ticker: CAT

(5) Cramer’s Lightning Round: Whirlpool is ‘too inconsistent’ (https://www.cnbc.com/2024/09/05/cramers-lightning-round-whirlpool-is-too-inconsistent.html)

EPR Properties: “EPR has been too rocky for me.”

Carnival: “Carnival is not the one I like right now, it is Royal. Royal Caribbean has the best systems right now, it’s got the best numbers. It’s the one you want, not Carnival.”

Whirlpool: “Too inconsistent. They don’t get my buy with that level of inconsistency.”

Dexcom: “I did not really care for that last quarter or the explanation of why things had slowed.”

SpartanNash: ”…I really liked them, and I like that dividend.”

Ticker: EPRC, CCL, WHR, DXCM, SPTN

(6) [No Video Clip for non-Club members] Nvidia has become a battleground of volatility, says Jim Cramer (https://www.cnbc.com/video/2024/09/05/nvidia-has-become-a-battleground-of-volatility-says-jim-cramer.html)

‘Mad Money’ host Jim Cramer takes a deep dive into the Nvidia pullback and whether investors should be buying into it.

Ticker: NVDA

Other Stocks Discussed (calls with audience): Cleveland-Cliffs (CLF), Micron Technology (MU), UnitedHealth Group (UNH), Casey’s General Stores (CASY), Super Micro Computer (SMCI), Berkshire Hathaway (BRK-B)

Ref: Links to other sites that relate to episode of September 5, 2024