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This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Thursday, November 7, 2024. It also contains links to CNBC sites which contain video clips and transcripts.
(1) Cramer examines Thursday’s market action and explains why there are few sellers (https://www.cnbc.com/2024/11/07/cramer-examines-market-action-and-explains-why-there-are-few-sellers.html)
- CNBC’s Jim Cramer said he sees an “incredible moment” unfolding on Wall Street as the number of parties interested in buying stocks far exceeds those who want to sell.
- “In a market with so few sellers and so many buyers, those buyers need to pay up if they want to get their hands on some shares,” he said. “But they’re willing to pay up because they’re so worried that tomorrow a lot of them will have to pay even more than they did today.”
- Cramer used Home Depot’s stock moves to illustrate what he called “a dearth of sellers,” explaining how shares were able to advance 2.85% by the close.
(2) Executive Interview: DraftKings CEO says sports betting industry is at ‘important inflection point’ (https://www.cnbc.com/2024/11/07/draftkings-ceo-sports-betting-is-at-important-inflection-point.html)
- DraftKings CEO Jason Robins said the sports betting industry is at a turning point as more people across the country realize they can gamble legally.
- “We’re at a very, you know, important inflection point in the industry,” Robins said. “Most people assume that it’s legal in most states now if not all. And we’re just seeing a lot of great growth.”
- It’s been six years since the Supreme Court lifted the federal ban on sports betting, and the practice is now legal in 38 states and Washington, D.C.
Ticker: DKNG
(3) [No Video Clip for non-Club members] Executive Interview: American Electric Power CEO Bill Fehrman sits down with Jim Cramer (https://www.cnbc.com/video/2024/11/07/american-electric-power-ceo-bill-fehrman-sits-down-with-jim-cramer.html)
American Electric Power President and CEO Bill Fehrman talks quarterly results and the state of energy and natural gas.
Ticker: AEP
(4)[ No Video Clip for non-Club members] Executive Interview: Tanger CEO Stephen Yalof: There’s a trade down mentality right now (https://www.cnbc.com/video/2024/11/07/tanger-ceo-stephen-yalof-theres-a-trade-down-mentality-right-now.html)
Tanger CEO Stephen Yalof joins ‘Mad Money’ host Jim Cramer to talk quarterly results, consumer trends, and more.
Ticker: SKT
(5) Cramer’s Lightning Round: Jabil is a buy (https://www.cnbc.com/2024/11/07/cramers-lightning-round-jabil-is-a-buy.html)
- MeiraGTx: “I’m going to put it as a spec…Put it away, speculate. If something great happens, terrific. If not, you won’t even notice.”
- Jabil: “Jabil is such a good company…I’d buy Jabil.”
- SoFi: “The stock is good.”
MGTX, JBL , SOFI
(6) [No Video Clip for non-Club members] Jim Cramer checks in on cosmetic company e.l.f. (https://www.cnbc.com/video/2024/11/07/jim-cramer-checks-in-on-cosmetic-company-elf.html)
‘Mad Money’ host Jim Cramer checks in on e.l.f. and how to play the cosmetic stock.
Ticker: ELF
Other Stocks Discussed (calls with audience): AMD (AMD) [buy], RTX (RTX) [you should stay, buy buy buy]
Ref: Links to other sites that relate to episode of November 7, 2024
- Podcast at Spotify (Sound from Spotify）
- Internet Archive (Video & Texts per minute）
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