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Mad Money w/ Jim Cramer

Nasdaq Record Close, Pinterest CEO, Clorox CEO & Atlassian CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 3 August 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

The Dow gained 236 points to kick off the week, while the Nasdaq hit a record high, and Jim Cramer's taking a closer look at the stocks responsible for today's rally. Then, with quarantine crafts and DIY projects as popular as ever, Cramer's got the exclusive with Pinterest CEO Ben Silbermann. Then, is Clorox cleaning up the competition? Fresh off earnings, CEO Benno Dorer checks in to talk about the company's quarter and pandemic-led demand. Plus, the CEO of Atlassian, Mike Cannon-Brookes, joins Cramer after earnings to break down acquisitions, the company's most recent quarter and more.

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.

0:07.0

There's always a more market somewhere,

0:09.0

and I promised to help you find it.

0:11.0

Man money starts now.

0:14.0

Hey, I'm Kramer.

0:17.0

Welcome to Man Money. Welcome to Kramer, America.

0:20.0

I'll be with my friends.

0:21.0

I just want to try and make you some money.

0:23.0

My job is not just to entertain but educate and teach you some call me.

0:26.0

At 1-800-7-3-CMBC, or Tweet Me Act Jim Kramer.

0:31.0

We're not winning the war against the pandemic.

0:34.0

And when we're losing, we buy the Kramer COVID-19 index.

0:38.0

Oh, I wish there were more to it than that.

0:40.0

But when the virus seems unstoppable,

0:42.0

you go back to the well and buy the stocks of the companies that do well

0:46.0

when they own this range.

0:48.0

Regardless of valuation, that's how the Dow gained 236 points.

0:52.0

They say S&B events 0.72%.

0:54.0

And then as that filled with pandemic, winners surge 1.47%.

1:01.0

This rally was extra infuriating to anyone who thinks the market should reflect

1:05.0

or be linked to Washington's inability to pass another stimulus bill

...

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