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Mad Money w/ Jim Cramer

Bausch + Lomb CEO, Brinker International CEO & Wingstop CEO 5/3/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 3 May 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

The averages fell after the Fed announced it would raise interest rates by 0.25% and Jim Cramer is helping investors navigate a market impacted by the FOMC's policy change. First, Cramer's biting into Brinker International's most recent quarter with CEO Kevin Hochman. Then, should investors keep an eye on Bausch + Lomb? Cramer's talking to CEO Brent Saunders. Plus, Cramer's exclusive with Wingstop CEO Michael Skipworth. Mad Money Disclaimer

Transcript

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0:00.0

My mission is simple to make you money.

0:04.0

I'm here to level the playing field for all investors.

0:08.0

There's always a more market somewhere,

0:10.0

and I promise to help you find it.

0:12.0

Man money starts now.

0:16.0

Hey, I'm Kramer.

0:18.0

Welcome to Man Money. Welcome to Kramer America.

0:20.0

I'm Bill and my friends. I'm just trying to make you some money.

0:22.0

My job is not just to entertain you,

0:24.0

but to educate and teach you.

0:26.0

So call me at 1-800-743-CBC

0:28.0

or tweet me at Jim Kramer.

0:30.0

I hate that we have to spend so much attention to the Federal Reserve.

0:34.0

We know it's possible to make money in the market with or without the Federal on our side,

0:38.0

but it's sure as easy when the Fed is down and out of the picture.

0:40.0

And they're not. Yep, we didn't get that today.

0:42.0

We got a Fed that raised rates at another quarter of a point,

0:44.0

and then said it would wait to see what happens and take action of needed.

0:48.0

It seemed benign initially,

0:50.0

but then we got a late afternoon selloff

0:52.0

with the Dow finishing off 270 points.

0:54.0

The SBC can point 7%

...

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