Tuesday, January 19, 2021
  • Login
Procurement Nation
  • HOME
  • NASDAQ
    • NASDAQ: AAPL
    • NASDAQ: AMZN
    • NASDAQ: NFLX
  • NYSE
    • NYSE: BA
    • NYSE: WMT
  • LSE
    LSE – Castillo Copper (ASX:CCZ) considers divesting Broken Hill asset

    LSE – Castillo Copper (ASX:CCZ) considers divesting Broken Hill asset

    LSE – Sole trader – Doc Martens plans to go public and aims for a Ftse listing

    LSE – Sole trader – Doc Martens plans to go public and aims for a Ftse listing

    LSE – Lease negotiations with Thai reaching ‘critical phase’: AA4 | News

    LSE – Lease negotiations with Thai reaching ‘critical phase’: AA4 | News

    LSE – Qatar sovereign wealth fund plans Asia push to diversify from Europe, US, Economy News & Top Stories

    LSE – Qatar sovereign wealth fund plans Asia push to diversify from Europe, US, Economy News & Top Stories

    LSE – Qatar Wealth Fund Plans Asia Push to Diversify From Europe, U.S.

    LSE – Qatar Wealth Fund Plans Asia Push to Diversify From Europe, U.S.

    TSE – Japan PM Suga announces state of emergency for Tokyo area until Feb. 7

    LSE – Gran Tierra Energy Inc. Provides Update Regarding Proposed Sale of 218,012,500 Common Shares in PetroTal Corp.

    LSE – High-tech British firms eye U.S. listings in blow to post-Brexit London stock market

    LSE – High-tech British firms eye U.S. listings in blow to post-Brexit London stock market

    LSE – Euromoney Where will it end? Now Spacs might start buying listed companies

    LSE – Euromoney Where will it end? Now Spacs might start buying listed companies

    TSE – Japan PM Suga announces state of emergency for Tokyo area until Feb. 7

    LSE – Manchester & London Investment Trust Plc – Director/PDMR Shareholding

  • TSE
    Seplat Petroleum Development : Drives Growth in Domestic Gas Market

    TSE – Notice Concerning Results of Tender Offer for the Common Stock of Tokyo Dome Corporation (Securities Code: 9681) and Change in Subsidiary(252KB)

    Bragar Eagel & Squire, P.C. Investigates Sale of XLNX and Encourages Investors to Contact the Firm

    TSE – TOKAI : Certification of “Eruboshi (Third Stage)” based on the Act on Promotion of Women’s Participation and Advancement in the Workplace (176KB)

    TSE – World shares subdued despite strong growth data from China

    TSE – World shares subdued despite strong growth data from China

    TSE – Tokyo restaurant chains openly defy gov’t closure requests amid virus aid discrepancies

    TSE – Tokyo restaurant chains openly defy gov’t closure requests amid virus aid discrepancies

    TSE – The Ether Fund Offers Trading in Canadian Dollars

    TSE – MAG Silver Announces the Appointment of Jill Neff as Corporate Secretary

    TSE – The Ether Fund Offers Trading in Canadian Dollars

    TSE – Golden Predator Presents at Noble Capital Markets Conference

    TSE – Asia markets mostly close lower; dollar trades mixed

    TSE – Asia markets mostly close lower; dollar trades mixed

    TSE – The Ether Fund Offers Trading in Canadian Dollars

    TSE – Alcanna Inc. and YSS Corp. Announce Combination of Cannabis Retail Businesses to Form Nova Cannabis Inc. and Concurrent $25 Million Equity Financing

    TSE – Tokyo stocks keep sliding on coronavirus emergency worries

    TSE – Tokyo stocks fall on U.S. market drop, profit-taking

  • SUPPLIES
    • Energy Supplies
    • Lowe’s Inc.
No Result
View All Result
  • HOME
  • NASDAQ
    • NASDAQ: AAPL
    • NASDAQ: AMZN
    • NASDAQ: NFLX
  • NYSE
    • NYSE: BA
    • NYSE: WMT
  • LSE
    LSE – Castillo Copper (ASX:CCZ) considers divesting Broken Hill asset

    LSE – Castillo Copper (ASX:CCZ) considers divesting Broken Hill asset

    LSE – Sole trader – Doc Martens plans to go public and aims for a Ftse listing

    LSE – Sole trader – Doc Martens plans to go public and aims for a Ftse listing

    LSE – Lease negotiations with Thai reaching ‘critical phase’: AA4 | News

    LSE – Lease negotiations with Thai reaching ‘critical phase’: AA4 | News

    LSE – Qatar sovereign wealth fund plans Asia push to diversify from Europe, US, Economy News & Top Stories

    LSE – Qatar sovereign wealth fund plans Asia push to diversify from Europe, US, Economy News & Top Stories

    LSE – Qatar Wealth Fund Plans Asia Push to Diversify From Europe, U.S.

    LSE – Qatar Wealth Fund Plans Asia Push to Diversify From Europe, U.S.

    TSE – Japan PM Suga announces state of emergency for Tokyo area until Feb. 7

    LSE – Gran Tierra Energy Inc. Provides Update Regarding Proposed Sale of 218,012,500 Common Shares in PetroTal Corp.

    LSE – High-tech British firms eye U.S. listings in blow to post-Brexit London stock market

    LSE – High-tech British firms eye U.S. listings in blow to post-Brexit London stock market

    LSE – Euromoney Where will it end? Now Spacs might start buying listed companies

    LSE – Euromoney Where will it end? Now Spacs might start buying listed companies

    TSE – Japan PM Suga announces state of emergency for Tokyo area until Feb. 7

    LSE – Manchester & London Investment Trust Plc – Director/PDMR Shareholding

  • TSE
    Seplat Petroleum Development : Drives Growth in Domestic Gas Market

    TSE – Notice Concerning Results of Tender Offer for the Common Stock of Tokyo Dome Corporation (Securities Code: 9681) and Change in Subsidiary(252KB)

    Bragar Eagel & Squire, P.C. Investigates Sale of XLNX and Encourages Investors to Contact the Firm

    TSE – TOKAI : Certification of “Eruboshi (Third Stage)” based on the Act on Promotion of Women’s Participation and Advancement in the Workplace (176KB)

    TSE – World shares subdued despite strong growth data from China

    TSE – World shares subdued despite strong growth data from China

    TSE – Tokyo restaurant chains openly defy gov’t closure requests amid virus aid discrepancies

    TSE – Tokyo restaurant chains openly defy gov’t closure requests amid virus aid discrepancies

    TSE – The Ether Fund Offers Trading in Canadian Dollars

    TSE – MAG Silver Announces the Appointment of Jill Neff as Corporate Secretary

    TSE – The Ether Fund Offers Trading in Canadian Dollars

    TSE – Golden Predator Presents at Noble Capital Markets Conference

    TSE – Asia markets mostly close lower; dollar trades mixed

    TSE – Asia markets mostly close lower; dollar trades mixed

    TSE – The Ether Fund Offers Trading in Canadian Dollars

    TSE – Alcanna Inc. and YSS Corp. Announce Combination of Cannabis Retail Businesses to Form Nova Cannabis Inc. and Concurrent $25 Million Equity Financing

    TSE – Tokyo stocks keep sliding on coronavirus emergency worries

    TSE – Tokyo stocks fall on U.S. market drop, profit-taking

  • SUPPLIES
    • Energy Supplies
    • Lowe’s Inc.
No Result
View All Result
Procurement Nation
No Result
View All Result
Home NYSE: WMT

Markets Stay the Course: Cramer’s ‘Mad Money’ Recap (Thursday 1/7/21)

Walter Byrd by Walter Byrd
January 8, 2021
in NYSE: WMT
0
Markets Stay the Course: Cramer’s ‘Mad Money’ Recap (Thursday 1/7/21)


The stock market isn’t a referendum on the state of our nation, Jim Cramer reminded his Mad Money viewers Thursday. Thursday’s market rally had nothing to do with Wednesday’s insurrection in Washington, he said. Instead, it had everything to do with there simply being more buyers than sellers.

Cramer identified 10 reasons why the buyers were able to overwhelm the sellers Thursday, taking the averages higher. First, he said stocks are still the only game in town. Bonds simply cannot compete with stocks. Second, machine trading runs on autopilot and when they see opportunities, they buy, regardless of the state of the world. Along those lines, Cramer added that many companies in the S&P 500 have big buyback programs, which are buying back shares every day no matter what.

Next, Cramer said the Tesla  (TSLA) – Get Report effect is still taking the S&P higher, as index funds continue to accumulate shares. He also added that stimulus checks are coming and during the last round, many individuals bought stocks.

For many on Wall Street, yesterday’s carnage marks the low point of this administration and many are looking forward to better times ahead. They are bullish on the prospects of infrastructure spending and alternative fuel subsidies.

Finally, Cramer noted that many company managements are prepared for chaos like this, which is why he said the long-term themes he laid out last week are still the best way to play the markets in times of uncertainty.

Cramer and the AAP team are looking at everything from earnings and tariffs to the Federal Reserve. Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.

Don’t miss Cramer’s best, every day, with fast, actionable strategies: StreetLightning.

Executive Decision: Plug Power

In his first “Executive Decision” segment, Cramer spoke with Andy Marsh, president and CEO of Plug Power  (PLUG) – Get Report, the hydrogen forklift maker that’s on the cusp of the alternative fuel revolution. Plug Power today announced a partnership with the Korean-based SK Group.

Marsh said Plug Power’s mission continues to be expanding the green hydrogen economy and their partnership with SK in Korea is another step forward in that mission. He said the conglomerate chose to work with Plug Power because they could “do it all,” from building hydrogen fuel stations, to generating green hydrogen and even backup power facilities.

Green hydrogen is estimated to be a $40 billion opportunity by 2040, Marsh said, and Korea is planning on using 150 times as much hydrogen as the U.S. does today. He told viewers to expect more news from Plug Power in Asia and Europe coming soon.

Here in the U.S., Marsh said the companies like Amazon  (AMZN) – Get Report and Walmart  (WMT) – Get Report are also looking to expand more with hydrogen, fueled by falling wind and solar prices. At four cents per kilowatt hour, Marsh said generating hydrogen becomes competitive with natural gas, which makes it appealing for many industries. 

Executive Decision: Bed Bath & Beyond

For his second “Executive Decision” segment, Cramer also spoke with Mark Tritton, president and CEO of Bed Bath & Beyond  (BBBY) – Get Report, the home goods retailer that saw its shares plunge 10.9% Thursday after the company reported a revenue and earnings miss that included just 2% growth in same store sales.

Tritton said that Bed Bath & Beyond has laid out a three-year growth plan and remains on track with those plans. He said the company sees sustainable growth ahead and many of the investments it has already made are beginning to bear fruit.

When asked about the company’s slumping same-store sales, Tritton noted that Bed Bath & Beyond saw a 77% increase in digital sales, many of which were picked up at local stores. He said the pivot towards an omni-channel experience has been a significant one, which is why they’re focused on total growth comparisons instead of just same-store comparisons.

Turning to their long-term plans, Tritton said that Bed Bath & Beyond has a solid balance sheet, is reducing debt and investing for their future growth, all of which puts it on a solid foundation.

On Real Money, Cramer keys in on the companies and CEOs he knows best. Get more of his insights with a free trial subscription to Real Money.

Executive Decision: Constellation Brands

For his final “Executive Decision” segment, Cramer checked in Bill Newlands, president and CEO of Constellation Brands  (STZ) – Get Report, the wine and spirits maker that just posted a monster 67-cents-a-share earnings beat on a 9% rise in revenues.

Newlands attributed the strong quarter to the strength of their brands. He said that in times of uncertainty, consumers turn to brands they trust, and names like Pacifico, Modelo and Corona are among those brands.

Newlands added that Constellation has doubled-down on the health and safety of their employees, allowing them to operate at high levels throughout the pandemic.

When asked about the growing popularity of hard seltzer, Newlands noted that Constellation had just one type of hard seltzer last year, but managed to sell 10 million cases of it. He said they will be offering other flavors in the near future as they ramp up to meet growing demand. Newlands was also optimistic about the company’s investment in Canopy Growth  (CGC) – Get Report, saying that the company is positioned to win as cannabis gains additional legalization.

Finally, Newlands said Constellation remains committed to supporting the communities they serve, from wildfire relief in California to COVID-19 support to investments in minority-owned businesses through their venture arm.

Alternative Fuels

In his No-Huddle Offense segment, Cramer pondered whether big oil, electric vehicles and hydrogen stocks can all coexist at the same time. In the short term, you bet.

Investors looking to invest in oil can still choose Chevron  (CVX) – Get Report, Pioneer Natural Resources  (PXD) – Get Report or pipeline Kinder Morgan  (KMI) – Get Report, Cramer said. Now that the Democrats are in charge, less drilling will only help oil prices in the short term.

As for electric vehicles, Cramer said Tesla is now worth more than all other automakers combined.

There is room for alternative energy as well, Cramer said. Plug Power continues to grow and stocks like QuantumScape  (QS) – Get Report will also continue to rally in the short term.

Lightning Round

Here’s what Cramer had to say about some of the stocks that callers offered up during the Mad Money Lightning Round Thursday evening:

Autodesk  (ADSK) – Get Report: “This is great software. It’s a buy.”

Inseego  (INSG) – Get Report: “I like this one a lot.”

BigCommerce  (BIGC) – Get Report: “Just buy Adobe Systems  (ADBE) – Get Report. They’re doing great and no one is talking about them.”

Crown Castle  (CCI) – Get Report: “This is a REIT so when interest rates go up, this stock goes down. You’re gonna make a lot of money with this one.”

Biohaven Pharmaceuticals  (BHVN) – Get Report: “I’m a believer in migraine treatments. This is the best in show.”

Golden Nugget Online Gaming GNOGW: “I like DraftKings  (DKNG) – Get Report. I’d go with them.”

Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.

To watch replays of Cramer’s video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer’s free Booyah! newsletter with all of his latest articles and videos please click here.

RelatedPosts

Retail stocks take a hit after disappointing data, as COVID-19 even weighed on online sellers

Walmart Inc (WMT) Stock: How Does it Score?

3 Stock Market Predictions for Another 'Year Like No Other'

At the time of publication, Cramer’s Action Alerts PLUS had no position in the stocks mentioned.

Previous Post

South Korea Shares Surge as Hyundai Motor Pops 22% After Saying It’s in Early Talks With Apple – NBC Boston

Next Post

11 Best Housing/Homebuilder Stocks To Buy Now

Related Posts

API data show weekly U.S. crude supplies down over 5 million barrels, sources say
NYSE: WMT

Retail stocks take a hit after disappointing data, as COVID-19 even weighed on online sellers

January 17, 2021
Walmart Inc (WMT) Stock: How Does it Score?
NYSE: WMT

Walmart Inc (WMT) Stock: How Does it Score?

January 17, 2021
NYSE: WMT

3 Stock Market Predictions for Another 'Year Like No Other'

January 16, 2021
Walmart Inc. (WMT) Closes 1.59% Down on the Day for January 15
NYSE: WMT

Walmart Inc. (WMT) Closes 1.59% Down on the Day for January 15

January 16, 2021
10 Retail Stocks to Buy (and Sell) in the First Quarter
NYSE: WMT

10 Retail Stocks to Buy (and Sell) in the First Quarter

January 15, 2021
NYSE: WMT

Big Lots (BIG) Provides Q4 Updates, Outlines Cost Concerns

January 15, 2021
Next Post
11 Best Housing/Homebuilder Stocks To Buy Now

11 Best Housing/Homebuilder Stocks To Buy Now

Procurement Nation

© 2020 PROCUREMENT NATION - Stock Market News

Procurement Nation

  • About
  • Our Team
  • Advertise
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • NASDAQ
    • NASDAQ: AAPL
    • NASDAQ: AMZN
    • NASDAQ: NFLX
  • NYSE
    • NYSE: BA
    • NYSE: WMT
  • LSE
  • TSE
  • SUPPLIES
    • Energy Supplies
    • Lowe’s Inc.

© 2020 PROCUREMENT NATION - Stock Market News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In