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Mad Money w/ Jim Cramer

CNBC Special Report: Return of the Retail Trader 8/12/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 12 August 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

A CNBC special report on the return of the retail trader featuring CNBC reporters, special guests, and a trader panel. Hosted by Dom Chu. 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

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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