Union Pacific CEO, Know Your IPO: Royalty Pharma, and Nextdoor CEO

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.3 • 4K Ratings

🗓️ 17 June 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow fell 170 points today and Jim Cramer's guiding you through today's action. Then, Union Pacific CEO Lance Fritz, checks in with Cramer to talk about the company's recent quarter, its plans for the future and his insight on the state of the economy. Then, what's in store for Royalty Pharma? Get to know the IPO as Cramer breaks down the company and how investors should approach this new pharma play after its monster run. Then, it's another day in the neighborhood for Nextdoor, a neighborhood-based social networking platform, and CEO Sarah Friar is here to discuss the impact of COVID-19 on the company, its no-free-speech for racism policy and the private company's recently announced slate of new services.

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 somewhere,
0:10.0	and I'd promised to help you find it.
0:12.0	Man money starts now.
0:17.0	Hey, I'm Kramer.
0:18.0	Welcome to Man of Money. Welcome to Kramer America.
0:20.0	I'll be one of my friends. I'm just trying to make you some money.
0:22.0	My job is not just to entertain you, but to educate and teach.
0:25.0	So call me 1-800-7-4-3.
0:27.0	Or tweet me at Jim Kramer.
0:30.0	We're all learning to live with the new normal.
0:33.0	But I need you to invest based on the new normal.
0:37.0	If there's the average is only pulled back this afternoon
0:40.0	with the Dow sinking 170 points.
0:42.0	That's going to be shedding 0.36%.
0:44.0	Now as that advancing 0.15%.
0:46.0	The companies that help you cope with our proposed COVID reality
0:50.0	took it in stride.
0:52.0	For example, today, gaggle van was finally realized
0:55.0	that people investing in their homes.
0:57.0	Like we haven't seen since before the finished crisis.
	...

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