Emerson Electric CEO, Plug Power CEO & Software Stocks Update

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.4 • 3.9K Ratings

🗓️ 11 October 2021

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow closed down 250 points and Jim Cramer is guiding investors through today's downturn. Then, Emerson Electric announced today it will merge two of its industrial software businesses with Aspen Technology, but what does the move mean for investors? CEO Lal Karsanbhai is breaking down the deal. Then, ahead of Thursday's event to lay out the future of the hydrogen space, Plug Power CEO Andy Marsh sits down with Cramer to talk more about the possibility of a hydrogen-powered future. Plus, Cramer's digging deeper into JFrog and Datadog and giving you his take on the two software names.

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 work at Summer
0:10.0	and I promised to help you find it.
0:12.0	Man money starts now.
0:16.0	Hey, I'm Kramer. Welcome to Man Money.
0:19.0	Welcome to Kramer, America.
0:21.0	I'll be open right friends. Just trying to make you some money.
0:23.0	My job is not just to entertain, but to educate,
0:25.0	put it in context. So call me at 1-800-7-3-CMBC
0:28.0	or tweet me at Jim Kramer.
0:30.0	After a rough day that started strong before turning weak,
0:33.0	Dow only losing 250 points.
0:37.0	S&P sinking points 69%.
0:41.0	And now that's the climbing point, 64%.
0:45.0	Stop, stop, stop, stop, stop.
0:47.0	You know what everybody's talking about?
0:49.0	They're talking about stagflation.
0:52.0	Yep, stagflation.
0:54.0	You hear it everywhere.
0:55.0	And the drumbeat went to overdrive this weekend.
0:57.0	It's the drum line. Like it's all the 70s again.
	...

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