Mad Money w/ Jim Cramer 7/25/24
Digest
The episode begins with a discussion about the recent market rotation from large-cap tech to small-cap domestic companies, driven by factors like inflation, the presidential race, and concerns about Taiwan's semiconductor industry. Jim Cramer interviews US Secretary of Commerce Gina Raimondo about the Chips Act, highlighting its importance for domestic semiconductor production and the US-China trade relationship. The episode then delves into Hasbro's strong earnings report, showcasing their growth in gaming, licensing, and iconic toy brands. Jim Cramer interviews Hasbro CEO Chris Cox about the company's transformation and future plans. Cracker Barrel's turnaround efforts are also discussed, with Jim Cramer revisiting his previous discussion about their dividend cut and interviewing CEO Julie Visino about their three-year plan, including store remodels, menu innovation, and technology upgrades. The episode continues with a discussion of Dow's earnings report, highlighting the impact of the housing market and China's economic situation. Jim Cramer interviews Dow CEO Jim Fitterling about the company's cost advantages, net-zero initiatives, and dividend plans. The episode concludes with a Mad Money Lightning Round, where Jim Cramer answers viewer questions about various stocks, and expresses his disappointment with Ford's recent performance, criticizing their lack of buybacks and questioning their management's commitment to the company's future.
Outlines
Market Rotation and Company Transformations
This chapter discusses the recent market rotation from large-cap tech to small-cap domestic companies, driven by factors like inflation, the presidential race, and concerns about Taiwan's semiconductor industry. It also covers Hasbro's strong earnings report and their transformation, as well as Cracker Barrel's turnaround efforts.
The Chips Act and US-China Trade
This chapter focuses on the US government's Chips Act, its importance for domestic semiconductor production, and the US-China trade relationship. Jim Cramer interviews US Secretary of Commerce Gina Raimondo about the act and its implementation.
Hasbro's Transformation and Future Plans
This chapter delves into Hasbro's strong earnings report, showcasing their growth in gaming, licensing, and iconic toy brands. Jim Cramer interviews Hasbro CEO Chris Cox about the company's transformation and future plans.
Cracker Barrel's Turnaround Efforts
This chapter revisits the previous discussion about Cracker Barrel's dividend cut and focuses on their three-year turnaround plan, including store remodels, menu innovation, and technology upgrades. Jim Cramer interviews CEO Julie Visino about these efforts.
Dow's Earnings Report and Global Challenges
This chapter discusses Dow's earnings report, highlighting the impact of the housing market and China's economic situation. Jim Cramer interviews Dow CEO Jim Fitterling about the company's cost advantages, net-zero initiatives, and dividend plans.
Mad Money Lightning Round and Ford's Performance
This chapter features a Mad Money Lightning Round, where Jim Cramer answers viewer questions about various stocks. It also includes Jim Cramer's disappointment with Ford's recent performance, criticizing their lack of buybacks and questioning their management's commitment to the company's future.
Keywords
CNBC Select
CNBC Select is a platform that provides curated recommendations and rankings for various products and services, including credit cards. They aim to simplify the decision-making process for consumers by offering expert insights and comparisons.
Chips Act
The Chips Act is a US government initiative aimed at boosting domestic semiconductor production and research. It provides funding and incentives for companies to build new manufacturing facilities and invest in advanced technologies.
Taiwan Semiconductor Manufacturing Company (TSMC)
TSMC is the world's largest semiconductor foundry, based in Taiwan. They manufacture chips for major companies like Apple, Qualcomm, and Nvidia, playing a crucial role in the global semiconductor supply chain.
Artificial Intelligence (AI)
AI refers to the development of computer systems that can perform tasks typically requiring human intelligence, such as learning, problem-solving, and decision-making. It is a rapidly growing field with significant implications for various industries.
Cracker Barrel
Cracker Barrel is a popular American restaurant chain known for its home-style cooking, country store merchandise, and nostalgic atmosphere. They are undergoing a major turnaround effort to attract new customers and modernize their brand.
Dow Inc.
Dow Inc. is a global chemical company that produces a wide range of products, including plastics, silicones, and agricultural chemicals. They are focused on sustainability and innovation, aiming to reduce their environmental impact and develop new technologies.
Ford Motor Company
Ford Motor Company is a major American automaker known for its iconic vehicles like the Mustang and F-Series trucks. They are facing challenges in the transition to electric vehicles and have been criticized for their recent financial performance.
Q&A
What are the key factors driving the recent market rotation from large-cap tech to small-cap domestic companies?
The rotation is attributed to factors like inflation, the presidential race, and concerns about Taiwan's semiconductor industry. The weak inflation number, Trump's protectionist policies, and his comments about Taiwan's defense have all contributed to the shift in market sentiment.
What are the goals of the US government's Chips Act and how is it being implemented?
The Chips Act aims to boost domestic semiconductor production and research by providing funding and incentives for companies to build new manufacturing facilities and invest in advanced technologies. The government is working with companies like Intel, Samsung, and TSMC to implement the act and achieve its objectives.
What are Cracker Barrel's key turnaround strategies and how are they being received by customers?
Cracker Barrel is focusing on store remodels, menu innovation, and technology upgrades to attract new customers and modernize their brand. The remodels are being well-received by customers, who appreciate the lighter, brighter, and fresher atmosphere while still enjoying the familiar Cracker Barrel experience.
What are Dow's key cost advantages and how are they navigating the global challenges facing the chemical industry?
Dow benefits from low-cost natural gas production in the US, which gives them a cost advantage over competitors. They are also focused on sustainability and innovation, developing net-zero initiatives and investing in higher-value industrial solutions products.
What are Jim Kramer's concerns about Ford's recent performance and why is he selling his shares?
Jim Kramer is disappointed with Ford's lack of buybacks, which he sees as a sign that management doesn't believe in the company's future. He is also concerned about their warranty issues and their performance in the EV category. He believes that Ford's stock is overpriced and is selling his shares.
Show Notes
Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money.
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