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Mad Money w/ Jim Cramer

Splunk CEO, Digging Deeper Into The Emerson/AspenTech Deal & Know Your IPO: ON Holding

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 19 October 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Dow closed up 199 points and Jim Cramer is breaking down the biggest news of the day. First, Splunk CEO Doug Merritt joins Cramer fresh off the company's annual user conference where it unveiled new product enhancements to see what they mean for the stock. Then, Emerson and AspenTech announced a $11b deal last week but both stocks fell flat on the news - so Cramer's digging deeper to see what's ahead. Plus, On Holding came public last month and Cramer is taking a closer look at the new name in the apparel space.

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 market somewhere,

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:16.0

Hey, I'm Cramer.

0:18.0

Welcome to Man Money. Welcome to Cramer, Arga.

0:20.0

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

0:22.0

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

0:24.0

So call me at 1-800-743-CBC or tweet me at Jim Cramer.

0:28.0

We know that inflation is raging.

0:32.0

We hear from so many CEOs,

0:36.0

Paul Titches, Money Matches, Pundits.

0:38.0

There's no sign of any commodity coming down just up.

0:42.0

Nearly everyone who talks about this issue seems to think it's terrible for the stock market.

0:48.0

Once again, the averages work the way higher.

0:50.0

Down advancing 199.9 points.

0:52.0

We're not coming from.

0:52.0

That's in beginning point 7.4%.

0:54.0

Now that's that climbing point 7.1%.

0:56.0

Pretty much all in use. See the truth is,

0:58.0

inflation is not an unmitigated disaster for a lot of the market.

...

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