Ford vs. GE, The LAG Trade & Sports Entertainment Acquisition CO. CFO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 12 October 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow jumped 251 points today and Jim Cramer is kicking off the week by digging into today's action. Then, it's a tale of two industrials, Ford and General Electric, and Cramer's taking a closer look at the two beaten down stocks to see where they might be headed. Next, Cramer's giving you a read on retail as he breaks down L Brands, American Eagle and The Gap - also known as the LAG Trade. Plus, Cramer's exclusive with Sports Entertainment Co.'s CFO Eric Grubman.

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.
0:07.0	There's always a more work at Summer,
0:09.0	and I promised to help you find it.
0:11.0	Man money starts now.
0:14.0	Hey, I'm Kramer.
0:17.0	Welcome to Man Money.
0:18.0	Welcome to Kramer, America.
0:20.0	I'd be wanting to make friends.
0:21.0	I'm just trying to make some money.
0:22.0	My job is not to set a tape at the edge,
0:24.0	get in and teach you so call me at 1-800-7-4-3.
0:27.0	See me see or tweet me at chimp Kramer.
0:30.0	Another day, another rally,
0:32.0	where stocks frankly go up on nothing.
0:37.0	The Dow gaining 21.51 points,
0:40.0	SMB jumping 1.64% of the NASDAQ screaming higher,
0:43.0	finishing up 2.56%.
0:46.0	Sometimes stocks deserve to go up on nothing,
0:50.0	but it still seems a little quizzical
0:53.0	to see stocks levitate like they're doing here.
0:57.0	Now, there are three main ways that stocks do go higher.
	...

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