Take-Two Interactive CEO, Inseego CEO & SailPoint CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 10 August 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow climbed over 350 points in a bullish start to the week and Jim Cramer's breaking down today's action and how a barbell portfolio could help investors on days like today. Next, Take-Two Interactive CEO Strauss Zelnick joins Cramer fresh off of earnings to discuss the most recent quarter, the increased demand for gaming and the outlook for the company going forward. Then, after growing from a speculative 5G stock to a work-from-home economy play, Inseego CEO Dan Mondor discusses the company's recent post-earnings pullback and what investors can expect for the second half of the year. Plus, Cramer's exclusive with Sailpoint Technologies CEO Mark McClain.

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.
0:07.0	There's always a more work at Summer,
0:09.0	and I promise to help you find it.
0:11.0	Man money starts now.
0:14.0	Hey, I'm Kramer.
0:17.0	Welcome to Man of Money. Welcome to Kramer, America.
0:20.0	I'll be able to make friends. I'm just trying to make you some money.
0:22.0	My job's not just to entertain, but to educate and teach you.
0:24.0	So call me at 1-800-743-C or Tweet Me at Jim Kramer.
0:29.0	Everybody hates the barbell.
0:32.0	Until today, when it keeps your portfolio from getting obliterated and driving you bonkers.
0:38.0	For months, I've been telling you to keep your money in a barbell.
0:41.0	With some COVID winners, like the momentum tech plays that have been soaring,
0:45.0	and some recovery stocks that rally when we feel more confident about the future,
0:49.0	even though they've been acting like...
0:52.0	Today, the COVID winners got hammered.
0:54.0	But the recovery stocks, while they were, transports, travel, leisure.
0:58.0	Construction, aerospace, retail.
1:00.0	They led the market higher.
1:01.0	The Alcursion 3508 points.
1:03.0	S&B Advancing.27% of what a streak that's got going.
	...

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