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Many stocks have bottomed; the indexes are still searching, Jim Cramer says (https://www.cnbc.com/2020/03/17/jim-cramer-many-stocks-have-bottomed-the-indexes-are-still-searching.html)
- “We are at the beginning of the most treacherous phase of this [COVID-19] bear market,” CNBC’s Jim Cramer said.
- “The point where the strongest stocks rally like crazy and … the weakest ones they retreat right into the wilderness,” the “Mad Money” host said.
- While many stocks have begun placing bottoms, “I think we need to overcome more looming bad news about the virus, and about bankruptcies, before the whole indexes can bottom,” he said.
Ticker: GIS, CAG, SJM, CLM, MRK, GSK, AMZ, WMT, D, AEP
Executive Interview: Regeneron science chief expects to begin testing coronavirus antibody treatment this summer (https://www.cnbc.com/video/2020/03/17/regeneron-plans-coronavirus-antibody-treatment-testing-this-summer.html)
Jim Cramer chats with Regeneron Chief Scientific Officer George Yancopoulos after the drugmaker made faster-than-expected progress on developing a potential coronavirus vaccine.
Ticker: REGN
Executive Interview: Telehealth services ‘can save some lives’ during health crisis, Amwell co-CEO says (https://www.cnbc.com/video/2020/03/17/amwell-co-ceo-says-telehealth-can-save-some-lives-amid-health-crisis.html)
Jim Cramer talks with Amwell co-CEO Roy Schoenberg about the benefits of remote health services amid the coronavirus outbreak and how it can help mitigate the virus’ spread.
Executive Interview: Sheryl Sandberg says Facebook wants to help small businesses pay workers and move online amid COVID-19 crisis (https://www.cnbc.com/2020/03/17/facebooks-sandberg-we-want-to-help-small-businesses-pay-employees.html)
- Sheryl Sandberg said on Tuesday that Facebook will do what it can to help its employees and small businesses manage through the coronavirus outbreak.
- “We’re going to keep responding to the need that we see,” said Sandberg, speaking with CNBC’s Jim Cramer.
Ticker: FB
Cramer’s lightning round: ‘I like Square very much’ (https://www.cnbc.com/2020/03/17/cramers-lightning-round-i-like-square-very-much.html)
- Square: “I like Square very much. It helps small- and medium-sized business.”
- Nucor: “It’s the best steel company. I don’t like to own steel companies as we’re going into a recession, but it does yield 5.25% and, therefore, I think you’re O.K.”
Ticker: SQ, NUE
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