CNBC Special Report: Return of the Retail Trader 8/12/22
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 12 August 2022
⏱️ 45 minutes
🧾️ Download transcript
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| 0:00.0 | Welcome everyone to this CNBC special report return of the retail trader. |
| 0:13.5 | I'm Dominic Chiu, Jim Kramer has the night off. |
| 0:16.6 | Retail investors stampeding into the stock market yet again and tonight we've got every |
| 0:21.8 | angle covered for you. |
| 0:23.6 | Ahead you'll hear from a well known analyst who says one stock in the meme trade is an |
| 0:28.6 | outright buy. |
| 0:29.6 | Plus, a former Wall Street better who has a word of warning for the merry memesters |
| 0:34.6 | and of course Jim Kramer himself gives his take on some of the major names that have |
| 0:39.9 | investors talking. |
| 0:41.6 | But first, the market's closing out another positive week, marking the first four week |
| 0:46.6 | winning streak since the averages peaked back in last September. |
| 0:50.7 | Now traders love action. |
| 0:53.0 | It doesn't matter if they're institutional traders or retail traders, volatility creates |
| 0:57.4 | opportunity. |
| 0:58.4 | So a lot of them may be drawn towards this crazy action we've been seeing again in some |
| 1:03.2 | of these so-called meme stocks. |
| 1:05.2 | Just look at what happened so far in August and we're only 10 trading days into it. |
| 1:09.7 | The OG of meme stocks, GameStop, has already rallied a very impressive 20 plus percent. |
| 1:15.9 | Now that pales in comparison to what's happened with AMC Entertainment, which is nearly quadrupled |
| 1:22.1 | GameStop's upside month to date. |
| 1:25.0 | But I'm not sure how to even describe what's happened with Bed Bath and Beyond. |
| 1:29.3 | We'll go there because we've got the time, 150 plus percent gains, which includes a 40 |
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