Transcripts For CNBC Mad Money 20240712 : comparemela.com

Transcripts For CNBC Mad Money 20240712

Facebook reported amazing number last time. Amazon gave you an amazing upside surprise and it got steam rolled it was hideous nonenonetheless, and i know that. There is the right way to look at it or the wrong way we dont look at the action and we are back to form an opinion about the quarter. Thats the wrong way the right way when a Company Reports great number and the stock gets slammed, you look at the set up often because of an event like say an impending election. I am expecting massive confusion. One of the most confusing weeks of my career unless the results are blow out this day, we may not know who won plus with mail ballots nobody wants to unstock a bowl of confusion why not sell everything on monday for starters, you are too late what the heck did you think was happening. More importantly you are not nimble enough to get back in after you gotten out look at our quality stock selling off right now. You definitely want to get back in take amazon and facebook with unbelievely go unbelievably good numbers and still got crushed. I hear people come up and they fermented. These were Good Companies with good numbers those people did not have anything else to do with the time the weakest was about the overall market, not what facebook said or did it could take down anything when it is in a bad mood. There is no xanex for a mark apple got hammered too, even though tim cook made it clear that iphone 12 sales looking pretty good. I know some of you think when a ceo tells you their sales look good, hes not to be trusted again, absolutely wrong. You are getting the perfect buy opportunity at apple i recommend picking up some here and then you wait until the election to buy more and remember people who said i bury it in apple, i must be an apple und undertaker i am sorry, i buried you more importantly though i dont think your words are clever enough to gain yes i suspect that this stock market is best of a trumps victory if we get an overwhelming win binomial den, stock will give you a dip and move up. The real risk is well spend next week stuck in purgatory by the way, lets hope it is only fought in the courts. You buy a little on monday when the market no doubt revisits todays lows you take a break on election day and buy more on wednesday. Then you wait nlg tuntil the unemployment number on friday. Worse case you buy some stocks on monday and if there is no confusion, well, you gotten a third of your money into the stock market what can you buy next week aside from apple, amazon and facebook. A big next quarter like anyone would say it, hey, guys it looks great who knows i think you can go with microsoft. Theyre probably the best quarter of all but it was caught in the tsunami of the election all right, what are some other stocks where the company is doing well and people making up lies why the stock went down well hear some lies about estee lauder and clorox. Estee lauder just annihilated everyone his Skin Care Business is terrific why . It is booming. It is what masks do to your face if you take away nothing else in the show, at least remember to moisturize people may be stuck at home, if you spend all day at zoom, you still want your face to look good as for clorox which you should not use on your face, the new ceo, linda reynolds, all sorts of clorox cleaning stuff did you ever notice, whats going to happen when it is cold and everybody is outside thats going to happen the stock has been drifting down though which is scary, people. We got to wait and see maybe it is catching at 200. If tech is really dead and well find out what sky Works Solution is on monday night theyre the principle of 5g company. I expect nothingless it is trying to meet massive 5g demand, unlike what people say today. You want to watch out for paypal the stock of paypal recorded lower when the companys ceo makes a remark i think you should wait until tuesday to buy this one if you went in. You should went in paypal is the best Financial Technology place around. I would not do any buying on tuesday. Again, trawait a day while we wait, well be listening to you in the morning. A lot of people will sell this one if biden wins. I would say that incredible buying opportunity after every critical election where we fear democrats are going to do that now on a normal election day, tuesday night will mark the end of uncertainty these are not normal times so you have to leave more room to buy when you get the dips from people who are fearful. Wednesday night we hear from kba qualcomm i bet they knock it out of the park how about this maybe buy some apple before qualcomm starts squawking because qualcomm is one of their partners even when they are not allowed to mention their name, it is like fight club. Thursday night tmobile reports fantastic numbers. May be a good place if the election has not been sorted out and same goes for roku it is adored by young people well, you can record me. The video Game Industry is headed strong for the holidays you may want to pick up take two interactive. You know they got grand theft throttle the greatest entertainment in history. It is my favorite to play, unless you think covid is going to be solved next week i know it is on schedule to be solved maybe buy some thursday and friday finally the labor department, nonfarm employment report whoever wins the election should call for a gigantic stimulus package. Dont listen to all the people who we say get out now they have not been around long enough to know how wrong it could be we want the election to be over. Steal yourself for a messy outcome and action in the stock Market Opportunity wills abound. Lets go to steve in new jersey. Hello jim, thank you for all your help. Quite welcome my question is about Super Micro Computer mfci . Okay company. We got Companies Like amd and nvidia sofi got a fractional share. Hey how about we go to gerald . How are you doing jim cramer . I have been watching your show for 20 years do you think it is possible to get the ceo on the line one of these days absolutely, we got to find out what the heck happened to that boy well, a little disappointment goes pretty far. Well get him back on. Find out what someone pulled the rug out of amarin. Lets go to roger in michigan. How are you doing, jim, booyah first time caller, started investing in march i want to thank you and all that great staff for all your advise and knowledge you dropped and all of our americans here trying to make the oney can we get a little consistency with carson wentz, please i am checked with him i am more involved with that than this. Sunday night is his night. Lets make some money together i want to talk to you about the stock, it is my daughters favorite they love it i want to talk to you about ulta it gotten a little bit of a bump today. Listen to me, listen to me roger. I go home like every night and i take out my ulta cleaning product to get rid of the ringing fire and my mask ulta is a brick and mortar place and it is reinvented the web i say you own that stock their products are fabulous. Their website is great i am not kidding by the way. I have to worry about my skin, is horrible. I have not had this much acne since i was 13 the market the market is in a bad mood and i dont think it is over yet brace yourself for some messy action m mad money, oil is on strtrack. I am talking with the top mind in space to find whats ahead for natural gas. Picture perfect quarter, can the stock keep climbing . Stay with cramer dont miss a second of mad money, follow jim cramer on twitter. Have a question . Tweet cramer madtweets, send jim an email at madmoney. Cnbc. Com or give us a call at 1800743cnbc. What if you could have the perspective to see more . At morgan stanley, a global collective of thought leaders offers investors a broader view. We see companies protecting the bottom line by putting people first. We see a bright future, still hungry for the ingenuity of those ready for the next challenge. Today, we are translating decades of experience into strategies for the road ahead. We are morgan stanley. Sometimes it is visionary and you dont want to mess with it it is a tough year for oil, oil got crushed today. Climate change we enter the coronavirus economy and demand fell off the cliff. Every time prices rise, some producers get back on and prices come back down we are starting to see bankruptcies we are hearing chatter that kicks off away with consolidation. Covid cases are exploding again. Europe is going back to lockdown you have to expect partial shutdowns here at Uncertain Times like this, what do we do . We got to go to experts and veteran operators who understand the industry we are going to sariff suki, mr. Suki, welcome back to mad money. How are you i am in touch with you and i am not that good you sent me a little email a long time ago that i am going tto be wrong and it is going to go higher it has been nothing but go up since you sent me that email. Where can natural gas go and why . We are dealing with 75 rate in the United States and today is down to 72. In order to keep production flat in the u. S. , we need 200 breaks to be operating. We are losing production every month. We started the year in 95 we are now down to 88. At the same time, demand is stable in spite of covid with the exception that we now exploiting more than we did last year we have a net data everyday. We started this week to go from storage, about two weeks earlier than normal. This is going to continue to accelerate for the winter. And what it is going to take is higher prices to doone of two things either increase production, or destroy demands. So, increasing production takes time we are not going to go from 75 to 200 over night. It is going to take at least a year and a half or two years to get there. So we are going to have and be in serious deficit this winter well have to destroy demand we can do that one of two ways we can switch back to coal which we are not going to do. Which well, you dont know of course inventory sitting there and prices are sbiwitching back right now our generation is not important. If we dont do something about it, it is going switch back to coal how about china not using our natural gas. Does korea really need natural gas . This is an alternative universe from what i thought was supposed to happen. My sellers have plenty of gas. The price of my seller is very low. So my seller it is increasing modestly but not much. If you look at all the gas players today, they are ahead for the next 12 months because of their financial situation therefore, higher prices is not going to benefit them immediately. Most of them are related to xto. They bought natural gas at 9 bucks. Maybe theyre kind of wrong in both ways . Well, at this point, i think they have to do to survive so first we are going to have the action in gas prices and that would happen this winter. We are starting to see it. Why are you the only person talking like this . You are the only person thought to export with fine natural gas. Jim, you know me, i look at the number and i am getting in motion a little bit. We lost production we need to get it back maybe we should we not be exporting as much as we are in. Okay this is a hard thing to do because now we are dictating prices around the world. The market is completely connected now. The rest of the world if we are going to do business with china and india and asia and europe in the future, we have to be reliable partners. If we dont sell them our natural gas, well not be able to be partners so you see the last few weeks, a couple of months, asia and etf prices going up. Wow we are just getting we are dictating the pace what happens if biden wins for president and not that really does not support fracking of the current president does. I dont think it will make a difference because reality is reality. Slogans during election campaigns are one thing but at the end of the day, you have to deal with reality. We are going to do business with china. We are going to do business with india and india lng demand is up 20 and china is up 8 today and europe is up 9 today. You were right and they were wrong. Everyone told me these contracts would be cancelled and nobody needs natural gas, theyre all wrong, are they . They cant be cancelled right so the second thing is the business motto that we created two years ago is no longer valid. It is a total commodity and being dependant on price index as volatile is not practical you cannot buy you have to come up with a different Business Model we have to wrap things up you are going to come on and explain how we should do it, okay you are dead right i cant believe how right you have been. Well, you tell the truth and you are not own by anybody maybe thats what makes a difference thats charif souki. 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Thank you, jim, great to be on again when i see the new boats and women and hispanics and really of asians looking to buy boats, i am thinking the number of people buying boats verses the number of boats there are to buy is out of whack. The only way to make that up is for brunswick to make a lot of money. I think thats true, jim. The interests in boats from current boats and new boats have been huge through q2 and into the Third Quarter and beyond we did not have enough pipeline to serve that. The pipeline industry is down a lot, it is half of where it should be this time of the year which means we are ramping up as fast as we can in all of our production facilities hiring people to build as many boats as possible not only to satisfy retail which is continuing to be strong even into the traditional offseason but also trying to begin to back fill that pipeline i know one thing, dr. Gadly, comes on 6 00 which is Late Afternoon for me he says we are not done with this thing maybe it is going to be second half of 2021 so i am thinking i am lucky, i have got my boat when people realize this is 2021 and they go buy a boat, what will happen . It is interesting our production for all of our brands through the fers half of the year and our production for many of our Premium Brands fell beyond that. People are still ordering boats. Actually it was the first couple of days of the Fort Lauderdale boat show yesterday and today. The show is smaller than normal. We are still selling more boats even with the longer deliveries. People just want to get a boat and if not necessary preparing for the wait the lack of inventory which we are working to crack as quickly as we can is not detierierring retail at all. I am fortunate enough and lucky enough that i have means i have a lot of friends that have boats when you have a vacation and you cant go anywhere. If you go to italy in the old days and you bought your tickets and you went out or whatever and down payment for a boat. Gough you got the boat you dont get to take the trip home with you. Are people changing their mental ph phyche of what owning a boat means. Freedom boat club is a big offering there boats are becoming more reliable if you think of our system, for example, anything in the industry, you look at automotive or consumer electronics, our portfolios have changed a lot. Think of the fact that 80 of the boats we sell now costs less than 50,000 we are not in the business that we are used to be 15 years ago selling these big yachts we are selling boat to the middle class they got Great Technology and overall the cost is lower and cost of m

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