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Mad Money w/ Jim Cramer

Next Week's Game Plan, Clorox CEO, & Estée Lauder CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 1 May 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

It's the beginning of May, and while the old Wall Street saying says, "sell in May and go away", Jim Cramer's giving you a new saying to help you approach next week's game plan. Then, as consumer trends continue to change, Cramer's checking in with the CEO of Clorox to get a read on the recent demand for the company's products. Plus, Cramer's talking to the CEO of Estée Lauder to see how the cosmetic kingpin is faring in the midst of the COVID-19 outbreak.

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 more work at Summer,

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now!

0:19.0

Hey, I'm Kramer.

0:20.0

Welcome to Man Money.

0:21.0

Welcome to Kramer, America.

0:23.0

I'll do one of my friends.

0:24.0

I'm just trying to help you not lose too much money here.

0:27.0

My job is not just to entertain, but to educate and teach you.

0:29.0

So call me in 1-800-743-CBC or Tweet Me Edge from Kramer.

0:33.0

Sell and May, because the market's too high?

0:35.0

Come on, I mean that may not rhyme,

0:37.0

but it's a lot more compelling than sell and may and go away.

0:40.0

A little diddy I've hated since the first time I heard many years ago,

0:43.0

and then sell out of the terrific summer rally.

0:48.0

Because of a rhyme.

0:50.0

Sell and may and go away is sub-optimal advice people.

0:54.0

But this may, it just so happens,

0:56.0

the market's run too much versus the fundamentals.

0:58.0

Which is one reason we got skewered today.

...

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