Owens & Minor CEO, Federal Realty Trust CEO, & Salesforce Chief Philanthropy Officer

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 11 August 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow closed down 105 points and Jim Cramer is breaking down the market's rotation into cyclicals and sectors that have been beaten down by the pandemic. Then, as Owens & Minor bounces back after a post-earnings slide, CEO Ed Pesicka joins Cramer to dig into the most recent quarter and manufacturing PPE to fight the global pandemic. Next, as the country looks ahead to a reopened economy, how will Federal Realty Trust find its place in a new normal? CEO Don Wood discusses the challenges the company faced in the quarter and its plans going forward. Plus, Salesforce's Chief Philanthropy Officer Ebony Beckwith on the company's recent developments to help schools and businesses reopen safely.

Transcript

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0:00.0	My mission is simple.
0:02.0	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 work at Summer.
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. Welcome to Man Money.
0:18.0	Welcome to Kramer, America.
0:19.0	Other people want to make friends just trying to make some money.
0:21.0	My job is not to stay there.
0:23.0	Can you but to educate and teach you?
0:25.0	So call me at 1-800-7-3-CMBC or tweet me at Jim Kramer.
0:29.0	Are we coming out of the trough?
0:33.0	I mean, that may sound like an crazy question.
0:36.0	When the averages are flirting with their old time highs,
0:38.0	even if the action ultimately turned negative today.
0:40.0	Dow 50105.
0:42.0	That's a beat the climbing point at 80.
0:44.0	And then now beleaguered tech-laden as that funding 1.69%.
0:49.0	But for months this month has been led by the COVID winners.
0:52.0	The names that you just find when the economy's frozen.
0:56.0	Those are not the stocks that lead us higher when times are good-bye.
	...

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