Mad Money w/ Jim Cramer 12/7/23
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 8 December 2023
⏱️ 45 minutes
🧾️ Download transcript
Summary
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 homework somewhere, |
| 0:10.0 | and I promise to help you find it. |
| 0:12.0 | Man money starts now. |
| 0:14.0 | Hey, I'm Kramer. |
| 0:20.0 | Welcome to a special Seattle edition of Mad Money from the iconic space needle. |
| 0:25.0 | Other people to make friends, I'm just trying to make a little money. |
| 0:27.4 | My job is not just to entertain, but to educate and teach. |
| 0:30.6 | So call me at 1-80743, CMBC. Cebre. While we're out here getting a bird's eye view of the great city of Seattle, |
| 0:38.0 | I've been thinking a lot about how the generative AI revolution is once again becoming the dominant theme in the stock market. |
| 0:45.0 | Today we saw how it can dwarf all others in the average as any stock with exposure |
| 0:50.3 | to what's essentially a whole new industry erupted higher. |
| 0:55.0 | That's how you get access from the Dalages up 63 points. |
| 0:57.7 | S&B gains 0.8% and the tech-laden NASDAQ filled with AI-related stocks Povuls 1.37%. |
| 1:07.0 | Buy, buy, buy, buy, buy, buy, buy, buy, buy, buy, buy, buy, buy. |
| 1:10.6 | The tentative AI stocks are roaring because the pioneers in this industry are doing everything they can to mainstream and commercialize the technology, which I can assure you is for real and potentially extremely lucrative. |
| 1:21.0 | And that is no hype. |
| 1:23.3 | I know people, plenty of people actually, who think the whole AI reality is overdone. |
| 1:28.8 | But if anything, I think most investors are unaware of the lasting and powerful importance of this story. |
| 1:34.2 | And even Wall Street isn't caught up to speed yet. |
| 1:37.0 | And that's how the stock of AMD can jump into a 10% it are showing off its new AI chips, |
... |
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