The Dow Closes In The Green, B&G Foods CEO & Looking Closer At The Electric Vehicle Space

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 4 August 2020

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow closed up 164 points today, with all three major indices ending in the green, and Jim Cramer is digging deeper into today's market moves and news. Then, Cramer’s taking stock of the pantry play B&G Foods with CEO Ken Romanzi to hear more about the company’s quarter and get an update on the packaged foods space. And, after major runs in the electric vehicle stocks, where should investors find their place in the space? Cramer's breaking down Tesla, Nikola Motors, NIO and more stocks in the sector.

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 at Summer
0:10.0	and I promised 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 of Money.
0:19.0	Welcome to Cramer.
0:20.0	I'm Bill McFriends.
0:21.0	And it's trying to make you some money.
0:22.0	My job is not to tend to change the educate and teach you some call me
0:25.0	at 1-800-743-C or Tweety at Chip Cramer.
0:29.0	Last night,
0:30.0	last time I told you not to overthink the run in the COVID stocks.
0:35.0	Sometimes the market rallies and it makes perfect sense.
0:38.0	But then there are days like today.
0:40.0	When I can't take how stupidly bullish this market can be,
0:45.0	the Dow gaining 164 points, S&B and Vincent 0.36%,
0:48.0	NAS and Climbing 0.35%.
0:50.0	Now you often hear people complain that the whole thing is being manipulated.
0:53.0	Do you ever look at my Twitter file?
0:55.0	It's like the manipulation company.
	...

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