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Mad Money w/ Jim Cramer

Dow Swings 500+ Points, Am I Diversified & Sanofi CEO

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 24 September 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

The Dow closed up 50+ points and Jim Cramer is here to help investors make sense of today’s market and what could happen if there’s no more stimulus. Then, Cramer’s taking a closer look at Nvidia’s Acquisition of Arm Holdings. And, Cramer’s taking a look at a few investors portfolios to see if they’re diversified enough and playing ‘Am I Diversified’. Plus, Cramer’s talking to the CEO of Sanofi, Paul Hudson.

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 at Summer,

0:10.0

and I promise 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 of Money. Welcome to Kramer America.

0:20.0

I'll be with my friends just trying to make some money.

0:22.0

My job is not to entertain you,

0:24.0

but to educate and teach you, so call me at 1-800-743-CMBC

0:28.0

or tweet me at Jim Kramer.

0:30.0

What really happens if there's no stimulus?

0:34.0

I've heard numerous politicians argue the economy is strong enough.

0:38.0

We don't need no stinkin' stimulus.

0:40.0

Others have flat out told me I only want stimulus package to save the stock market.

0:44.0

Well, that's ridiculous.

0:46.0

Today we got an early glimpse of what happens if there's no bailout,

0:48.0

no grants for struggling businesses.

0:50.0

They can't benefit from low interest rates.

0:52.0

And as far as the stock market is concerned,

0:54.0

it's not the big deal.

0:56.0

The stock market is $1.20,

...

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