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Mad Money w/ Jim Cramer

IBM CEO, McCormick CEO & Paychex CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 4 October 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

All three major indices plummeted to start the week, with the Dow, S&P and Nasdaq falling 324, 57, and 311 points respectively, and Jim Cramer is helping investors find opportunities in the rubble. First, after the company's Investor Day, Cramer's taking a closer look at what's ahead for IBM with CEO Arvind Krishna. Then, how is McCormick faring with rising inflation costs and COVID worries? Cramer's finding out if the stock could still spice up your portfolio with CEO Lawrence Kurzius. Plus, Cramer's exclusive with Paychex CEO Marty Mucci ahead of Friday's non-farm payroll number.

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 in 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!

0:18.0

Welcome to Man Money. Welcome to Kramer America.

0:20.0

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

0:23.0

My job is not just to entertain but to educate and teach you.

0:25.0

So call me at 1-800-743-CBC or tweet me at you, Kramer.

0:29.0

Remember Friday when we're all excited about Merck's new COVID drug?

0:32.0

That that I told you this market has the memory of a monarch butterfly.

0:36.0

So be careful, I was too generous.

0:38.0

Monarch butterflies, at least know how to find the way to sell the Mexico for the die.

0:42.0

This market's like a lantern fly.

0:44.0

It eats your money and it looks like investors sense their duty.

0:48.0

And their duty is to kill it.

0:51.0

That's how I felt today with the Dow losing 324 points.

0:54.0

As it be sinking 1.3%, but the Nasdaq tumbling 2.14%.

0:59.0

Where all the damage was.

1:02.0

Now here's a point worth remembering though.

1:05.0

As we go lower, the easier it is to go bargain hunting.

...

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