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Mad Money w/ Jim Cramer

Levi Strauss & Co., BioReference Labs & Exact Sciences

Mad Money w/ Jim Cramer

CNBC

Business, Investing, News

4.34K Ratings

🗓️ 7 October 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow soared 531 points today after renewed stimulus hopes and Jim Cramer is digging deeper into today's action. Next, after reporting, Levi Strauss & Co. CEO Chip Bergh breaks down the most recent quarter and how the company plans to move into the holiday season. Then, after a string of positive tests amongst NFL teams, BioReference Labs Executive Chairman Dr. Jon Cohen checks in to give a clearer picture of the situation. Plus, Cramer's exclusive with Exact Sciences CEO Kevin Conroy.

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 at 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. Welcome to Man Money.

0:18.0

Welcome to Kramer, Erica.

0:20.0

I'll be one of my friends just trying to make us some money.

0:22.0

My job is to entertain, but educate and teach,

0:24.0

to call me at 1-800-7-3-CMBC,

0:27.0

or to eat me at Chip Kramer.

0:29.0

If there's one thing we've learned over the last four years,

0:31.0

is that when the President tweets something that causes the stock market to go down,

0:35.0

it's a mistake to sell.

0:39.0

This President hates being blamed for lower stock prices.

0:45.0

So when he tweets up, he accruises the market,

0:49.0

like putting a caribouche on the stimulus,

0:51.0

and he goes, you know, today,

0:53.0

you have to expect a second tweet storm,

0:55.0

where he either reverse himself or offset some of the damage.

0:58.0

And that's it happening last night with the Dow surge 531 points today.

1:03.0

That's going to be a 1.7% percent.

...

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