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Mad Money w/ Jim Cramer

Levi's CEO, Can Delta Fly Higher? & Nike's Bull and Bear Cases 7/6/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 6 July 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

Stocks closed lower, with the three major averages on pace for a losing week, and Jim Cramer is helping investors decode what data really matters in this market after a red-hot ADP jobs report. First, Levi's earnings hit the tape after the close and Cramer is talking to CEO Chip Bergh to take a closer look at the quarter. Then, travel stocks have boomed as consumers turn toward experiences, but can Delta continue to fly even higher? Cramer's sharing his outlook for the travel and leisure space. Plus, Cramer digs deeper into the bull and bear cases for Nike. Mad Money Disclaimer

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 little more kids somewhere,

0:10.0

and I promise to help you find it.

0:12.0

Man money starts now.

0:17.0

Hey, I'm Kramer.

0:18.0

Welcome to Man Money.

0:19.0

Welcome to Kramer.

0:20.0

I'm going to make friends.

0:21.0

I'm just trying to save you some money.

0:23.0

My job is not just to entertain,

0:24.0

but also to put into context so call me at 1-800-743.

0:29.0

I don't know about you, but I'm getting all full tired of all these so-called experts focusing on something to do with a map.

0:37.0

As the average is heading down,

0:39.0

with Dow off 366 points,

0:41.0

as the B7 points have nimes at nastak,

0:43.0

plus 0.82%.

0:44.0

Let me highlight about how I think the market is about to get very difficult.

0:49.0

We don't need the kind of intellectually lazy thinking that obfuscates the pitfalls

0:53.0

and the dangers we now face.

0:56.0

This is important because there's no shortage of stupid nonsense on Wall Street right now.

1:01.0

Let me be first piece of stupid nonsense.

...

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