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Mad Money w/ Jim Cramer

Pioneer Natural Resources CEO, Karuna Therapeutics CEO & Off-Price Retailers 8/17/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 17 August 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

All three averages dropped today, with the Dow snapping a five-day win streak, and Jim Cramer is guiding investors through the market’s shift. Next, Pioneer Natural Resources CEO Scott Sheffield joins Cramer to discuss the company’s investor returns, emission targets and the Inflation Reduction Act. Then, as earning season comes to a close for retailers, Cramer is taking a look at how TJX Corp, Burlington, Ross, and Ollie’s Bargain Outlet are faring and which names are poised to win from inventory gluts. Plus, Karuna Therapeutics CEO Dr. Steve Paul. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

My mission is simple to make you money.

0:05.0

I'm here to level the playing field for all investors.

0:08.0

There's always a more market somewhere,

0:10.0

and I promise to help you find it.

0:12.0

Man money starts now.

0:17.0

Hey, I'm Kramer.

0:19.0

Welcome to Man Money. Welcome to Kramer, America.

0:21.0

I'll be one of my friends. I'm just trying to make you some money.

0:24.0

My job, not just entertained, but educate,

0:28.0

put in context, teach, call me 1-800-7-4-3-7-C.

0:32.0

Tweet me nicely please, as you always do, at Jim Kramer.

0:36.0

When you break out that bandwagon analogy,

0:40.0

you break down the rally.

0:42.0

Last night, I talked to you about how so many analysts,

0:46.0

hedge fund managers and strategists came out of the woodworking,

0:50.0

came on air to say, now is the time to get in.

0:54.0

They're finally ready to embrace my peak inflation thesis

0:58.0

and jump on the J-POW bandwagon.

1:00.0

But like I said last night, these people are late to the party,

1:04.0

turning it frankly into a virtual daughter party.

1:06.0

And when these sunshine bull start getting vocal,

1:09.0

it means the market's about to stall out.

...

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