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Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer - 11/10/21

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 11 November 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money.

Transcript

Click on a timestamp to play from that location

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

CNBCC tweet me at Jim Quamer. It's not often that you see a $100 billion

1:04.0

company born right before your eyes. But that's exactly what happened today

1:08.0

with the infant that is Rivian, the electro-fuel maker that just came public

1:13.0

and initially we saw $100 billion valuation when it first started trading

1:18.0

this very morning.

1:20.0

Yep, we're not so hot day for the averages. We're in the time to earn 40 points

1:25.0

as it would be saying 0.82% the NASDAQ noticed that at 1.66%. At 1. much

1:32.0

younger though, Rivian stock shut up nearly 30%. The closed blow to price

1:37.0

of its first trade. Now I know it's jarring to think that this company

1:40.0

which had only delivered 156 cars as of the end of October is basically the same

1:44.0

size as the market capitalization of General Motors. However, I am sick of this

1:48.0

because you know why? Because that's a terrible comparison. I mean,

1:51.0

I mean, electric vehicles are in a link of their own compared to old school auto

1:55.1

companies that still rely largely on the dreaded internal combustion engines or ISIS, they

2:01.7

call them.

2:02.7

That doesn't mean Rivian necessarily deserves to be worth this much, but it does mean

...

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