Crowdstrike CEO, Ways To Play LNG & Homework: Watsco 8/31/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 31 August 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

The major indices all posted losses for the month of August, closing down almost 1% today alone, and Jim Cramer is navigating the Fed's next steps as the market tumbles. Then, as school goes back into session, Cramer turns in his homework on Watsco. Next, could LNG picks power your portfolio higher despite energy prices falling? Cramer's giving you the stocks he's recommending investors buy into weakness. Plus, Cramer's exclusive with Crowdstrike. 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.
0:05.0	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.
0:18.0	Welcome to Man of Money.
0:19.0	Welcome to Kramer America.
0:20.0	Other people in my friends, I'm just trying to help you make some money.
0:23.0	My job is not just to entertain you, but to educate each other,
0:25.0	put this whole theme, context.
0:28.0	Call me, 187-3CBC, or tweet me at you in Kramer.
0:31.0	Ever since last Friday, when Fed Chairman Jay Powell decided to ratchet up the rhetoric
0:37.0	and his war on inflation, he's been pillering food every day.
0:44.0	He made these, he has no control whatsoever,
0:46.0	like the trade-ins of dollars, and spending at Congress,
0:49.0	has decided to authorize with good motives, with bad timing.
0:52.0	Maybe that's part of the reason why the average just keep getting hit.
0:55.0	The Dow flowing 280 points, hasn't been declined.
0:58.0	Ah, 0.78%.
1:01.0	That's actually 18-down, 0.56% and 1. much uglier.
1:05.0	But I gotta tell you, it is...
	...

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