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Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 04/16/20

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 16 April 2020

⏱️ 53 minutes

🧾️ Download transcript

Summary

CNBC's Mad Money with Jim Cramer.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer, America.

0:08.0

I'll be one of my friends. I'm just trying to make you some money. My job is to just entertain,

0:12.2

but the educate, teach, break news even. So call me at 1-800-743-CBC or tweet me at Jim Kramer.

0:18.8

All right, we keep talking about the winners from the stay-at-home economy of reunite, right?

0:22.9

But after a messy session, doubt only gained 30 points was down really badly at one point.

0:27.2

S&B Inchdub.58% NASDAQ advanced 1.66%. I think it's time we have to, let's say, separate the

0:34.6

wheat from the job, or maybe address the losers. Unfortunately, there are a lot more losers than winners

0:40.1

here, and many of them have become uninvestable. These stocks are the market's kill-ease-heel,

0:45.2

and whenever they bounce, you got to sell them and swap them to the winners. The winners like the

0:49.6

tech companies I keep talking about, and the healthcare companies I keep talking about. The ones that

0:54.2

are going to help us overcome the pandemic. Many of these winners are in the NASDAQ 100,

0:59.0

which is why that index is now going up. And if, to be the hell, if you look at it, it's like,

1:04.0

well, I had a 20-20. It's being led by older mid-stay-at-home winners, like Amazon and Netflix,

1:11.3

but it's also now starring a whole new group of companies, companies like Gilliad, which tonight

1:17.6

gave you a promising look at Remdesivir, okay? That's a drug that has some pretty good trial

1:23.2

data out of one Chicago hospital, not enough I know, and not against no control. But it could make

1:30.7

the coronavirus less deadly, and that is causing every stock to go up this very evening. The idea

1:36.4

that you can get out of the hospital quicker has been instrumental in my thinking about why you

1:40.9

can't come up on this market, but I don't want to get ahead of myself with something like a promising

1:45.6

drug treatment as much as it sure sounds good, because you and I know that we've been disappointed

1:51.1

before. I do like this one though. I do want to warn you off losers if we can't get this economy

1:58.2

moving again. Something, by the way, the President Trump is going to be talking about this very evening,

...

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