Caterpillar CEO, Pioneer Natural Resources & Chubb CEO 4/27/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 27 April 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks rose after weaker-than-expected GDP data and Jim Cramer is breaking down the importance of picking stocks in a volatile market. First, Caterpillar fell on an earnings beat and investor fears about peak demand - Cramer's talking to CEO Jim Umpleby to gauge the cyclical industrial space as recession fears loom. Then, Pioneer Natural Resources announced that CEO Scott Sheffield will step down and President & COO Rich Dealy will move into the role and Cramer's digging deeper into the leadership change with both execs. Plus, Cramer's exclusive with Chubb CEO Evan Greenberg. Mad Money Disclaimer

Transcript

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0:00.0	My mission is simple to make you money.
0:05.0	I'm here to level the playing field for all investors.
0:08.0	There's always a little more kids 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.
0:17.0	Welcome to Man of Money.
0:18.0	Welcome to Kramerica.
0:19.0	I'll be with my friends.
0:20.0	I'm just trying to make a little money.
0:22.0	My job is not just to teach, but to entertain a bit.
0:27.0	An edge kid.
0:28.0	So call me 187 for 3CBC or tweet me a trim Kramer.
0:31.0	Most of the time, all we ever hear about these days
0:34.0	are the Fed and it just trades Fed and it just trades.
0:38.0	I find it nauseous.
0:40.0	The yield curve is not why I got into this racket.
0:42.0	But then there are days like today.
0:45.0	Where we actually focus on investing.
0:47.0	Investing in individual companies.
0:49.0	Not trading the Fed's next move.
0:51.0	Not underweighting, not overweighting sectors.
	...

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