Mad Money w/ Jim Cramer 8/14/24
Digest
This episode of "Man of Money" with Jim Cramer delves into the world of underperforming stocks, exploring their potential for turnaround and offering insights for investors. Cramer analyzes companies like Starbucks, Southwest Airlines, Disney, and Nike, questioning their management and strategies. He also discusses the housing market, highlighting the impact of mortgage rates and the potential for a rebound. Throughout the episode, Cramer takes calls from listeners seeking advice on various companies, including Chevron, Etsy, Occidental Petroleum, American Express, Airbnb, and Home Depot. He provides recommendations and insights based on his analysis of their financial performance and market trends. Cramer also shares insights from the CNBC Investing Club monthly meeting, answering listener questions on a range of topics, including General Motors, CrowdStrike, and gold.
Outlines
Investing in Underperforming Stocks and the Housing Market
Jim Cramer analyzes underperforming stocks, including Starbucks, Southwest Airlines, Disney, and Nike, questioning their management and strategies. He also discusses the housing market, highlighting the impact of mortgage rates and the potential for a rebound.
Listener Q&A: Chevron, Etsy, and Occidental Petroleum
Cramer takes calls from listeners seeking advice on Chevron, Etsy, and Occidental Petroleum. He recommends buying Chevron, advises patience with Etsy, and expresses preference for Chevron over Occidental Petroleum despite Warren Buffett's investment in the latter.
Game On or Game Over? Analyzing Underperforming Stocks
Cramer poses the question of whether underperforming stocks are "game on" or "game over" for investors. He discusses the potential for a turnaround in these companies, highlighting the importance of strong leadership and strategic changes.
Housing Market Analysis: Home Depot's Insights
Cramer analyzes the housing market based on insights from Home Depot's conference call. He highlights the importance of mortgage rates and suggests that a decline to 6.5% could significantly boost housing activity.
Listener Q&A: American Express, Airbnb, and Home Depot
Cramer takes calls from listeners seeking advice on American Express, Airbnb, and Home Depot. He recommends buying American Express, advises caution with Airbnb due to negative guidance, and reiterates his belief that Home Depot's business is waiting for the Fed to cut rates.
CNBC Investing Club Monthly Meeting: Listener Q&A
Cramer shares insights from the CNBC Investing Club monthly meeting, answering listener questions on General Motors, CrowdStrike, Eli Lilly, Devon Energy, Dell Technologies, gold, Celsius, and naming a puppy.
Keywords
CNBC Select
CNBC Select is a platform that provides recommendations and rankings for various financial products, including credit cards, based on factors like rewards, fees, and spending habits.
Jim Cramer
Jim Cramer is a well-known financial commentator and host of the CNBC shows "Mad Money" and "Man of Money." He is known for his energetic and opinionated style, offering investment advice and market analysis.
Underperforming Stocks
Stocks that have not performed well in the market, often experiencing a decline in value or failing to meet investor expectations.
Housing Market
The market for buying, selling, and renting residential properties, influenced by factors like mortgage rates, economic conditions, and consumer demand.
Mortgage Rate
The interest rate charged on a loan used to purchase a home. It is a significant factor influencing housing affordability and activity, with lower rates generally leading to increased demand.
CNBC Investing Club
The CNBC Investing Club is a subscription-based service that provides investment advice and insights from Jim Cramer and his team. Members receive access to exclusive content, portfolio updates, and monthly meetings.
Q&A
What are some of the key factors to consider when choosing a rewards credit card?
When choosing a rewards credit card, consider factors like the type of rewards offered (cash back, travel points, etc.), annual fees, welcome bonuses, and spending categories that earn higher rewards.
What are some of the challenges facing Starbucks and how can they be addressed?
Starbucks faces challenges like slow service, outdated store designs, and difficulty handling mobile ordering. Addressing these issues could involve investing in technology, modernizing stores, and improving customer service.
How can investors determine if a company is worth investing in despite its current stock performance?
Investors should look beyond short-term stock fluctuations and consider factors like the company's long-term growth potential, management quality, competitive landscape, and financial health.
What is the impact of mortgage rates on the housing market?
Mortgage rates play a significant role in housing affordability and activity. Lower rates generally lead to increased demand, while higher rates can make homeownership less accessible and slow down the market.
How can companies like Brinker International balance investing in growth with maintaining profitability?
Companies can balance growth and profitability by strategically allocating resources, focusing on key areas that drive revenue and customer satisfaction, and managing expenses effectively.
What are some of the key factors to consider when evaluating a video game company's performance?
Key factors include the popularity and profitability of their franchises, the growth of the mobile gaming market, the development of new technologies, and the company's overall financial health.
What are some of the benefits of joining the CNBC Investing Club?
Members of the CNBC Investing Club receive access to exclusive investment advice, portfolio updates, monthly meetings with Jim Cramer, and a community of like-minded investors.
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.
Table of contents
United States
