CNBC Special Report: Taking Stock 2/15/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 16 February 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

CNBC’s Brian Sullivan reports on the EV race. Ford might be hitting the brakes for now, but one unexpected company is in the fast lane. Cisco reported better-than-expected fiscal second-quarter results and lifted its forecast for the full year. Plus, Capital Wealth Planning’s Kevin Simpson and Aureus Asset Management’s Karen Firestone discuss how investors can play any Fed outcome. Mad Money Disclaimer

Transcript

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0:00.0	Well good evening and welcome to this CBC Special Taking Stock as Melissa said with such enthusiasm.
0:12.4	I am Brian Sullivan.
0:14.0	Jim is off tonight and the rest of the week.
0:16.4	We got a big hour ahead and a decent day for your money along with a red hot retail sales
0:21.3	number.
0:22.3	We'll get more in that in a bit.
0:23.4	But here's today's score card.
0:25.4	You're just waking up and gwom down in the S&P rallying at the close ultimately ending
0:30.4	their day higher than NASDAQ pulling a NASDAQ and out for four months again ending up nearly
0:35.3	a full percent.
0:36.3	The NASDAQ by the way is a 15% just this year.
0:40.7	Wow.
0:41.7	One big story though we are watching is Ford.
0:44.3	Ford shares down a little bit but down again today as it continues to pause production.
0:48.8	Oh it's all electric F-150.
0:51.1	Pick up due to battery issues.
0:52.1	Still don't have a lot of detail in exactly what those are but it matters because the
0:56.6	electric truck is incredibly important to Ford and its investors so any problems with
1:01.4	that truck could weigh on the stock.
1:04.0	Well tonight we're going to further plug into that EV race.
1:07.6	Ford might be hitting the brakes a bit for now but one maybe unexpected companies in the
1:12.5	fast lane we have got that name and Cisco shocking the street with some good news and wild
	...

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