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Mad Money w/ Jim Cramer

Lyft Co-Founder, e.l.f. Beauty CEO, Palo Alto Networks CEO & Broadcom CEO 06/07/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 7 June 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Dow closed up over 200 points and Jim Cramer is in San Francisco breaking down all the headline that moved the averages today. Then, Lyft Co-Founder and President John Zimmer joins Cramer to talk about the stock's bumpy ride as of late and where the company is headed. Next, e.l.f. Beauty CEO Tarang Amin stops by to discuss the company's most recent quarter. Next, Palo Alto Networks CEO Nikesh Arora talks cybersecurity, the current threat environment and more. Plus, Cramer's exclusive with Broadcom CEO Hock Tan. 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

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 bull market somewhere and I promise to help you find it.

0:12.0

Man money starts now.

0:14.0

Hey, I'm Kramer.

0:24.0

Coming at you from San Francisco.

0:26.0

Welcome to Man Money.

0:28.0

Welcome to Kramer.

0:30.0

I'll put my friends up just trying to make you some money.

0:32.0

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

0:36.0

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

0:40.0

For the past couple of years, we've had shortages all over the place.

0:44.0

That's how you get rampant inflation.

0:46.0

When there's not enough of anything, everything gets more expensive.

0:50.0

But not anymore.

0:52.0

Now I'm going glutt watch and we got a big glutt today.

0:56.0

And hard gluts, things that go into your house, appliances, toasters, mix measures, telemissions.

1:02.0

Even as it's thermal for the company stuck with this excess inventory, in this case, target.

1:06.0

It is terrific for you, the American consumer.

1:10.0

Not to mention the stock market.

1:12.0

And that's a major reason why after down opening where people were confused,

1:16.0

the Dow only gained to 64 points, S&B advanced 0.95%, and that's that climb 0.94%.

...

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