Snowflake CEO, Okta CEO & Accidentally High Yielders

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 3 March 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Shaking off continued fears from the war in Ukraine, the Dow surged more than 500 points and Jim Cramer is explaining all the factors that drove the major indices higher today. Then, Snowflake plummeted over 20% after hours and CEO Frank Slootman joins Cramer to break down the earnings report that hit the stock hard. Next, is this cloud play just what the Okta ordered? Okta CEO Todd McKinnon joins Cramer. Plus, Cramer’s giving you his picks for high quality beaten down names with high yields. 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 summer,
0:10.0	and I promise to help you find it.
0:12.0	Man money starts now.
0:16.0	Hey, I'm Kramer.
0:18.0	Welcome to Man Money. Welcome to Kramer America.
0:20.0	I've been one of my friends, I'm just trying to make some money my job,
0:22.0	not just to entertain, but to educate and teach you.
0:24.0	So call me at 1-800-7-3-CM or tweet me at Jim Kramer.
0:28.0	How do we explain today's route?
0:30.0	Doubt surging 596 points.
0:32.0	S&P poll voting 1.86%
0:34.0	Nasdaq jumping 1.62%.
0:36.0	What's it the prospect of a soft landing for the economy?
0:40.0	We're re-opening for China.
0:42.0	We're the fed chief getting tough on inflation.
0:44.0	We're the gurney for Decker and retail.
0:46.0	We're the stalling of the Russian advance in Ukraine.
0:48.0	Or was it just random?
0:50.0	Like so many updates of late.
0:52.0	For me to understand what happened today,
	...

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