Crowdstrike CEO, Five Below CEO & Fast Food Plays 12/1/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 2 December 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow lost 195 points ahead of tomorrow's key jobs report and Jim Cramer is helping investors navigate the Fed-driven market. Then, Cramer's joined by Crowdstrike CEO George Kurtz to get a better read on the cybersecurity's quarter after its 23% drop in the last week. Next, Five Below CEO Joel Anderson sits down with Cramer to discuss the discount chain's quarter and what's driving strength in the business. Plus, Cramer's top 3 picks in the fast food space. 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.
0:04.0	I'm here to level the playing field for all investors.
0:08.0	There's always a more market somewhere,
0:10.0	and I promise to help you find it.
0:12.0	Man money starts now.
0:17.0	Hey, I'm Kramer. Welcome to Man Money.
0:19.0	Welcome to Kramer, I'll be with my friends.
0:21.0	Just trying to make a little money.
0:22.0	My job, not just to entertain, but to educate,
0:24.0	teach, so call me 1-107-4-3-CMBC,
0:27.0	or tweet me at Jim Kramer.
0:29.0	When I first heard the idea that at some points
0:33.0	in the business cycle, bad news is actually good news
0:38.0	as in bad news for the economy is good news for the stock market.
0:43.0	I thought it was ridiculous.
0:45.0	I mean, come on, how could something
0:47.0	is good for so many people hurt stocks or waste versa?
0:50.0	Yet it's true.
0:52.0	Good news can send us down.
0:53.0	Like today, when the Dow lost 109 to 5 points,
0:55.0	this would be said, 0.09% and that's actually
0:57.0	an inched up point, 1-3%.
	...

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