StockX CEO, Digging Into Dover, And Has The Market Peaked?

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 21 October 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The market ended the day up 57 points and Jim Cramer is here to break down today’s market action. Then, if the industrials are lagging, what is Dover doing that sets it apart from the competition? Cramer’s looking at the company’s report from last week and asking why this former loser is now the industrial sector’s winner. And Scott Cutler, the new CEO of StockX, is here to tell Cramer what the retailer is all about and what to make of the focus on footwear. Plus, Cramer’s analyzing the bull market to find out if a recession is really on the horizon in a special Monday edition of Off The Charts.

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 work in summer and I promise to help you find it.
0:12.0	Man money starts now.
0:17.0	Hey, I'm Cramer!
0:18.0	Welcome to Man Money.
0:20.0	Welcome to Cramer America.
0:21.0	Other people are going to make friends.
0:22.0	I'm just trying to make some money.
0:23.0	My job is not just to entertain but to educate, teach, and put in context.
0:26.0	Call me at 1-800-743-CMBC or tweet me at Jim Cramer.
0:30.0	No other stock in this market has more PID action than Apple,
0:40.0	except for maybe JP Morgan.
0:43.0	Oh, I can express.
0:47.0	Or Honeywell or a Union Pacific.
0:50.0	That's right.
0:52.0	We're in a moment where there are more pluses than minuses.
0:54.0	And it's all because the stock-generating positive pin action in this earnings season
0:58.0	are a lot more powerful than the stock-generating negative pin action.
1:02.0	Now one of the averages rally today,
1:04.0	Dalavancing 57 points, as it be, gaining points next time.
1:08.0	Nasdaq jumping incredibly impressive point 91%.
	...

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