Next Week's Game Plan, Incoming Splunk CEO & Hostess CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 5 March 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After a volatile week on Wall Street, with the Dow closing down 180 points, Jim Cramer is giving you his Game Plan for all the major reports that might move the market next week. Then, after a remarkably strong quarter, the incoming CEO of Splunk Gary Steele joins Cramer to talk about the better-than-expected quarter and the leadership changes happening at the company. And, it's National Snack Day, and Cramer's got an exclusive with a leader in the space - Hostess Brands CEO Andy Callahan breaks down the company's most recent quarter and long-term growth plans. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	My mission is simple to make you money. I'm here to level the playing field for all investors
0:07.0	There's always a more work at summer and I promised to help you find it. Man money starts now
0:15.7	Hey, I'm Kramer welcome to have money welcome to America. I'll be one of my friends
0:20.3	I'm just trying to make some money my job is not just entertaining but dedicate and teach you
0:23.8	So call me at 1 870 for 3 CBC or tweet me at Jim Kramer
0:28.1	Just when we get an amazing labor report one that showed excellent job growth
0:32.7	Not a lot of wage inflation a dream come true for the stock market
0:36.3	We couldn't appreciate it because we caught a nightmare of a story out of Ukraine
0:39.9	The Russians fire on nuclear power plant complex something that could have led to a tragedy of epic proportions
0:45.6	So instead of rally on news that should make Fed Chief J pals job a lot easier
0:49.8	We sold off again down slipping 180 points one time much worse than that as it'd be tumbling 0.79% and as that punch a 1.66%
0:57.0	It's sick that has that the Ukraine's situations turning into an absolute nightmare
1:01.6	One that no one can stop except Vladimir Putin and obviously that's not happening
1:06.5	We always we could do something to stop this crisis, but Russia is a nuclear power and looking at Putin's unhinged behavior
1:12.6	We don't want to give him a chance to use them. I know it sounds like there's no hope
1:17.4	But as I told the CBC investing club in our monthly meeting earlier today
1:21.0	I hope you joined it we have to keep our eyes out for potential winners no matter what I mean look consider the rails
1:26.0	They're soaring as a way to move commodities especially coal which has become red hot lately thanks to global energy shortage
1:31.6	Consider any oil stock any oil service stock any utility stock or the safety stocks we talked about just last night
1:37.7	They are working even as tech led down my endless rumors of weakness just roll over
1:42.3	No matter what they say I mean look at the drug stocks with
1:45.5	So what does next week? I don't know that we are going to our game plan because you'll see how treacherous this market can be
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.