Mad Money w/ Jim Cramer 11/20/24
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 21 November 2024
⏱️ 43 minutes
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| 0:00.0 | My mission is simple, to make you money. I'm here to level the playing field for all investors. |
| 0:08.1 | There's always a little market somewhere, and I promise to help you find it. Man Money starts now. |
| 0:17.1 | Hey, I'm Kramer. Welcome to Mad Money.. Welcome to Kramer. I'm just trying to make |
| 0:22.6 | money. My job is our sister's entertainment to teach you, to educate you, so call me at |
| 0:27.2 | 1-800-7.4-3-CBC tweet me at Jim Kramer. There's something happening here, and what it is, |
| 0:34.0 | is exactly clear. We've become a nation of che cheap skates. I say that as a compliment. |
| 0:41.0 | Nobody gets away with charging too much anymore. I'm not in this country, no matter what industry, |
| 0:45.2 | perhaps even the drug industry. It's happening now. It's happening fast. And many companies |
| 0:49.2 | are being left behind by the change. I see it everywhere I go in the grocery store, online, in the mall, and of course, in the stock market, where you either demonstrate value like a Walmart at Costco or at Amazon, or you get slaughtered like a target, which plunged $33 or over 21% today. |
| 1:08.0 | And that's my takeaway from this sedate session with Dow gaining 139 points |
| 1:12.1 | has me flat on the day |
| 1:13.7 | and NASDAQ dipping 0.11%. |
| 1:16.2 | Although it was much uglier, midday. |
| 1:21.6 | We think this cheap skate story's limited to retail, don't we? |
| 1:24.9 | But it's not. |
| 1:25.7 | For example, I've never really thought about value when it comes to tech. |
| 1:28.7 | I cared about whether it was a better mousetrap. |
| 1:30.6 | The price of goods was constrained by one simple issue. |
| 1:32.8 | How much the customer is willing to pay? |
| 1:34.4 | And the customers seem pretty blind at cost when it came to tech. |
| 1:37.3 | But now with Nvidia, the largest company of the world, by the way, |
| 1:40.3 | we're seeing something wholly different. We're seeing a company with a product that's |
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