Illinois Tool Works CEO, Stifel CEO & Know Your IPO: M

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 26 October 2022

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The S&P and Nasdaq snapped their win streak while the Dow rose slightly and Cramer is breaking down all the earnings that are driving the market. Then, Illinois Tool Works CEO Scott Santi joins Cramer to dig deeper into the company's most recent quarter. Plus, Intel spun off its advanced driving systems business, Mobileye, today - so what does the deal mean for the IPO market? Cramer's giving you his take. Plus, Cramer sits down with Stifel Financial CEO Ronald Kruszewski. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	CNBC's Workforce Executive Council is a premier group of C-suite human resources executives
0:07.0	from leading companies across the country.
0:09.7	It offers a members-only portal and chat, plus exclusive industry content, with access
0:15.3	to breaking news calls and digital networking experiences.
0:19.4	The network and resources HR leaders need now.
0:23.1	Apply to the Workforce Executive Council at CNBCCouncils.com slash WEC.
0:31.5	My mission is simple, to make you money.
0:35.0	I'm here to level the playing field for all investors.
0:38.5	There's always a more market somewhere, and I promise to help you find it.
0:42.5	May have money starts now.
0:44.5	Hey, I'm Kramer.
0:48.6	Welcome to May of Money.
0:49.6	Welcome to Kramerica.
0:50.6	I'll be your owner-meek friends.
0:54.3	I'm trying to save you some money.
0:55.3	My job is not just to entertain you, but to educate, to teach, to discover, to learn,
0:59.0	to call me at 1-800-743 CNBC or tweet me at Jim Kramer.
1:03.8	For over a decade, tech stocks led the market, and we got so used to it that we forgot this
1:08.9	group has often been a pariah.
1:11.5	Yet that's exactly what techs become over the past year.
1:14.9	So it's time to face a few facts that nobody in Silicon Valley seems to want to acknowledge.
1:19.9	Next to explain more than that, that keeps on performing the other averages.
	...

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