Chewy CEO, PerkinElmer CEO & J.P. Morgan Retail Analyst Matt Boss

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 10 June 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow closed up 19 points while the S&P 500 posted a record close and Jim Cramer is guiding investors through the biggest news of the day. Then, could a pet retail stock help you become the "Woof" of Wall Street? Chewy CEO Sumit Singh checks fresh off earnings. Next, PerkinElmer CEO Prahlad Singh is digging deeper into where the life sciences stock is heading in a post-pandemic world. Plus, J.P. Morgan Retail Analyst Matt Boss. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 more work at Summer
0:10.0	and I promised 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.
0:19.0	Welcome to Kramer, Erica.
0:20.0	Other people want to make friends, I'm just trying to make you some money.
0:22.0	My job is not just to entertain you, but to educate and teach you.
0:26.0	I'm calling at 1,107-437BC or Tweet Me at Jim Kramer.
0:31.0	How could the S&P 500 close at a record high when we got such a terrifying inflation number this faring morning?
0:40.0	Simple.
0:42.0	When everyone expects an outrageous government statistic, then it isn't actually outrageous when you get it.
0:48.0	So in the Labor Department reported a red, hot number.
0:53.0	This morning, consumer price index of 5%, the biggest year of your increase in the August of 2008.
0:59.0	The market took it in stride.
1:01.0	Dow advancing 19 points.
1:03.0	S&P gained.47%, hey, new high.
1:06.0	And most important, the tech-laden NASDAQ climb.78%.
1:11.0	The inflation winners in the Dow under-perform today while the classic growth stocks.
1:16.0	NASDAQ names like Microsoft ServiceNow and Toby CrowdStrike, Amazon, and Alphabet.
	...

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