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Mad Money w/ Jim Cramer

Mad Money w/Jim Cramer 08/19/21

Mad Money w/ Jim Cramer

CNBC

Business, Investing, News

4.34K Ratings

🗓️ 19 August 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

CNBC's Workforce Executive Council is a premier group of C-suite human resources

0:06.0

executives from leading companies across the country. It offers a members-only

0:11.0

portal and chat plus exclusive industry content with access to breaking news

0:16.0

calls and digital networking experiences. The network and resources HR

0:21.0

leaders need now. Apply to the Workforce Executive Council at CNBCCouncils.com

0:28.0

slash WEC.

0:58.0

7.3.3.C.C. or Tweet Me at Jim Kramer.

1:00.0

Now, it doesn't feel like everybody's raising prices.

1:03.0

I mean, that's one reason this market hasn't been in exactly great shape lately.

1:07.0

Dow dipping 67 points. S&B advanced 0.13% came up from the grade.

1:11.0

Now it's like the initial point 11%. The break in nasty downstream.

1:15.0

Most of the time when we get hit with a price increase, we feel like we've been ripped off.

1:19.0

It's natural. It's aggravating. It's also inflation.

1:22.0

So when too many companies raise prices at once, we start worrying that the Fed

1:26.0

might have to stay in the brakes on the economy. In order to keep prices stable,

1:29.0

the Fed can control a lot. But all of these price hikes are a great way for

1:34.0

me as a stock picker to separate the wheat from the chaff.

1:38.0

So let me teach you how. Why does it work? Because you get to see which products

1:44.0

we're willing to pay more for without much resistance, I regard this as a

1:48.0

not that inflationary. And then we look at which companies behind those products

1:53.0

generally have stocks that we want to don't. We don't want to pay too much for them.

1:57.0

But that's what we're looking for. Companies that can raise price and we barely

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