Columbia Sportswear CEO, Charles River Labs CEO, & Off The Charts

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 12 February 2020

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Columbia Sportswear’s stock is down from its highs, but does that create a buying opportunity? Cramer’s checking in with the company’s CEO. Then, with the stock up nearly 10% today, Cramer’s talking with the CEO of Charles River Labs to make sense of the quarter for the company that aids in the drug development process. Plus, Cramer’s going Off The Charts to get a read on the market and see if record highs can continue to be in our future.

Transcript

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0:00.0	My mission is simple to make you money.
0:04.0	I'm here to level the playing field for all investors.
0:08.0	There's always a more work in summer 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. Welcome to Kramer Arga.
0:20.0	I'll be one of my friends and I was trying to make you some money.
0:22.0	My job's not just intercame but it's to teach you so call me at 1-800-743-C or tweet me at Jramer Kramer.
0:29.0	China on!
0:31.0	Yep, a senior medical advisor from the Chinese company.
0:34.0	Tells us the coronavirus outbreak is peeing.
0:37.0	It may be over by April and that translates into a nice opening for the stock market.
0:41.0	This scientist, Zon Nanshan, has three quits.
0:45.0	He's an 83 year old epidemiologist who helped fight SARS 17 years ago.
0:49.0	Next thing you know, the markets make you stand.
0:51.0	Although that moved in last with the doubt only sinking less than a half a point.
0:57.0	SBGany.17% and then ASCAN-inching point 11% up.
1:02.0	At one point the market was flying all of this.
1:05.0	Suddenly you see what's happened is there's a bull case developing.
1:09.0	Aaaaah! China bull case!
1:11.0	We're getting our first data to show a much higher percentage of people are recovering from the disease while fewer are dying.
1:17.0	Which suggests that maybe we're through the most lethal stage.
	...

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