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Mad Money w/ Jim Cramer

House Speaker Nancy Pelosi, First Horizon CEO, Medallia CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 22 July 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

With the coronavirus continuing to impact the U.S. economy, House Speaker Nancy Pelosi joins Jim Cramer to talk about government action to fight COVID-19 and the hard-fought negotiations for a new stimulus package. Then, First Horizon's CEO joins Cramer fresh off of earnings to break down the quarter. Plus, with cloud stocks running, where does Medallia fit in the cloud landscape? Cramer's talking to the company's CEO to get a better sense of the its recent performance and what the company has planned for the future.

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 promised 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

Other people want to make friends, I'm just trying to make some money.

0:22.0

My job is not just to entertain you,

0:24.0

but to educate and teach you. So call me at 1-800-743-CMBC

0:28.0

at Kramer.

0:30.0

What could really derail the big stocks in this market?

0:36.0

After a Sunday day or the Dow gain 165 points,

0:40.0

S&B Advance.5-7%

0:42.0

and that's that climb to 1.24%.

0:44.0

What would make us want to dump

0:48.0

the red hot stocks that have been leading us higher?

0:52.0

I don't see this rally collapsing under its own weight,

0:54.0

which is what happened the last time we had an explosive tech rally.

0:56.0

In 2000, back then we got in the head of ourselves.

1:00.0

We saw the potential of the internet,

1:02.0

but the actual technology wasn't there yet.

...

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