Transcripts For CNBC Mad Money 20240712 : vimarsana.com

Transcripts For CNBC Mad Money 20240712

Created 4. 8 million jobs, and that is much stronger than expected almost every single sector improved, bringing the Unemployment Rate down to 11. 1 . Isnt that the kind of news that makes people want to buy pretty much anything . Then the rally did taper off near the end of the day. The dow only dwayne e gained 92. Those are big numbers, but we got spoiled, didnt we what do these numbers mean what reflects the state of the labor market in the middle of june how does it impact your money . First, you need to understand that were still nowhere near where we are before the pandemic struck we still have a lot of ground to make up. The economy was smoking hot. I, however, think its a legitimate comeback. Its a legitimate comeback and a comeback gives you more latitude to buy stocks that depend on a healthy economy, not just an unhealthy one. But these are before the latest outbreak thats forcing many stocks to go back into lockdown mode, so its a glimpse into a post covid future that we havent arrived at this was a session that gave everyone, everyone with the exception of those utility lovers, some ammunition. You believe were having a vshaped recovery, okay, the labor report is pretty good. The jobless claims mean theres still plenty to be worried about. And if youre terrified of the pandemic, you only need to look at the stock market to know to buy, buy, buy the cramer covid19 stocks. This number is why i keep recommending a barbell approach thats what were doing with my Charitable Trust we have some exposure with the stay at home stocks, but we also have some industrials in case the recovery keeps rolling along. How is it possible that we can create so many jobs last month the shutdown was temporary once it ended, millions of people could go back to work the Federal Reserve and Treasury Department bemt over backwards to ensure that Companies Large and small wouldnt go under. 1200 in your pocket, 600 extra for the claims the reopening was going great. You could argue it was too great. So many people were going out that it triggered a second wave of infections. I wou now, small and medium size businesses are still being crushed, thanks to the need to maintain social distancing, which we must. A restaurant whose maximum occupancy has been cut in half cant make as much money i know you people dont want to wear the masks but you know what . Texas just made it so you had to at the end of the day, we dont trade the kind of Small Businesses that are struggling here its not whats underneath when you look at that crawl which the Large Companies that got bailed out by the fed and the Treasury Department, and those two entities are doing well if theres another lockdown giving these horrifying numbers from the south and southwest a possibility, we know what happens. You could be looking at a shutdown of restaurants, ho hospitali hospitality. There are sectors that were making a comeback that will be crushed. The numbers are horrifying, hence the strength of the cramer covid19 index so theres something for everybody. But remember, theres nothing to be gleeful about which brings us to next weeks game plan. Theres not a lot of stock news monday, but the new also be dominated by the new covid numbers from the weekend i listen to dr. Scott gottlieb every morning. Hes the former fda chief, and hes been paying man, go on twitter if you missed him a grim picture of an out of control virus that will cause many of us to rethink our plans. A lot of things are going to be canceled its become nuts that these sports organizations are all acting like they have games. Wishful thinking ive said it since the super bowl, covid19 is a brutal disease because its so contagious that you dont want to go near anyone that might have vit, especially if theyre singing or screaming i still feel that people arent taking this seriously enough i am, and have become what i would say a nuisance advocate of masks. Im just relentless. And ive been hector eed mercilessly on twitter i said, just get me what you hate, let me know. Lets make a better mask so what happens monday we tallied the big weekends of hospitalizations, casualties, the higher they are, the more likely the covid index will climb. It could be enough to leave the averages higher, and lets not forget, what Larry Williams told us recently. He said theres almost always a july fourth of rally that lasts a day or two after the holiday he nailed this better than anyone if the covid numbers are bad, expect stay at home stocks to lead us higher if the covid numbers are good, maybe the recovery play takes us up on tuesday, we get some report results from paychecks and levi staus. Paychecks is a paycheck process that caters to small and medium size businesses. As for levis, theyre moving hard into digital and personalization. Stocks down a great deal who needs pant it is you cant go outside but its not expensive its a vaccine stock, probably we have people on camera saying that person is not wearing anything underneath. Whatever bed, bath, and beyond reports on wednesday. The new ceo has had his hands full since taken over, given so much of it is called nonessential he needs to give us a plan i bet he delivers, but this is very much an uphill battle right now. Thank heaven they have cash. Thursday could be a house of pain walgreens are the gang that couldnt shoot straight. I think theyll offer us the usual numbers, forecast bad. This market is so full of optimism, i would not chance shorting this stock. And friday, im wondering if we are going to we did print 2 trillion worth of money to keep the economy afloat business interruptions, insurance. The inflation hawks have been wrong year after year after year bottom line, nothing seems to matter anymore except which stocks to buy. Penny stocks, crazy stocks, blue chips, dividends cruise ships you know what . Its staggering when you consider we still do have 11 unemployment and a out of o control pandemic the stock market is a proxy for big business, big business is bouncing back with a vengeance greg in new york, greg caller hey, jim, whats up well, you know, im just enjoying the nasdaq rally. Whats up . Caller im a new investor. A few months, im doing really well, and im looking to keep my momentum going i have a stock that is part of the aerospace and Defense Industry yeah. You know, thats a speculative stock. Satellite communications is very, very difficult, because its not this is the problem with satellites, people are they dont think its reliable enough but you know what . Thats a good speculation. We should do more on that. Its had a nice little run david in new york, david caller hey, jim, wanted to ask you about coca cola. Well, james quincy is doing a great job, but its a Convenience Store play and people arent driving. It is in many ways no longer the gross stock it used to be. But it yields 3. 6 for income, why own a bond when you can own that with a common stock growth kicker. Rick in florida, rick . Caller jim, happy fourth of july to you, your family youre amazing at this happy Independence Day to you, thank you caller my question is on First Horizon. Ive owned it for a while, i know you mentioned it a couple of times on the show they completed the merger yesterday. The stock is just unresponsive i was hoping you could give me insight. This is just baffling 6. 4 yield, down 44 brian jordan, a great banker best area in terms of business in the country i dont like banks, but its hard to deny that First Horizon isnt going to be a good investment john in washington, john caller booyah, jimmy yo caller jim, last week you mentioned albertsons new ipo and said it wouldnt be an idea to get in under 24, 25 has your opinion changed no, no. They liked lemonade today, and i get that i think they priced it very expensively. But remember, i like ipos that you can get in on. We have all these hot ipos and you say why didnt you buy that . Albertsons i like because you can get in on it there is something for everyone after that employment number it is staggering bullish tonight on mad money, when people are heading to the store less, shelf life extending technology is more important than ever. Im talking to a private player who is leading the charge. And compan biotech stocks tied Coronavirus Vaccine are soaring, but are any worthwhile investments . And im going to give you my view, so stay with cramer. Announcer dont miss a second of mad money. Follow jimcramer on twitter have a question . Tweet cramer madtweets. Send jim an email to madmoney cnbc. Com. Or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. Were going through a really tough time right now, all around the world. And covid19 is still impacting so many people. If youve survived it, then youre the heroes we need. The plasma thats in your blood can literally save lives. But we have to act fast. So please donate. You fought for your life. Now, lets Work Together to take down covid19 to donate plasma go to thefightisinus. Org i geh. Common bird. E. Ooh look over here something much better. There it is. Peacock, included with xfinity x1. Remarkable. Fascinating. Very. It streams tons of your favorite shows and movies, plus the latest in sports news and. Huh run the newest streaming app has landed on xfinity x1. Now thats. Simple. Easy. Awesome. Xfinity x1 just got even better with peacock premium included at no additional cost. No strings attached. Just say peacock into your voice remote to start watching today. Two weeks ago, cnbc rolled out its disrupter 50 list. These are often revolutionary companies that make shareholders a lot of money when they become public look at lemonade there was money to be made, ka ching, ka ching. I want to check in on number 34. They take left behind plant material, make it into a shield that you spray on fruits and vegetables and it keeps them from going bad, double the shelf life in our refrigeration. Now the covid19 has known our precarious our food supply is. I think they have a great future but lets big deep we are james rogers, the founder and ceo of appeal sciences. To learn more about his company and where its headed. Welcome back to mad money. Jim, good to be here. So the last time we saw you, everything was pretty smooth you go to the supermarket, theres food there, and appeal does something that makes it last longer. We are now in a food crisis, and it is an unbelievable amount of fear, just to go to the supermarket, and we want food we can trust. What does appeal do to make the food last longer jim, weve been in a food crisis food waste today is this invisible tax thats been imposed on our food system to the tune of 2. 6 trillion annually by reducing that waste, we can free up all of that value back to everyone that participates in the food system, which is everyone that eats at appeal, we found a way to preserve food, so less of it ends up in the garbage and we can create better value for our customers and the planet we see Companies Like kroger that i talk to all the time. They obviously are theyre the Gold Standard when it comes to Grocery Store supermarkets, and they have taken a liking to you guys yeah. Kroger has been a tremendous partner for us last time i was on the show, we talked about the kroger partnership. Since then we have rolled out our products in europe as well, with the largest grocers in germany and denmark. And were just Getting Started so why did oprah and katy perry invest in apeel . They see the same future we do with all this waste and one in nine people going hungry, theres a massive opportunity to rebuild the food system. How about this new limes deal in the summer, im a huge lime guy. I want the limes to last longer. And like everything else, i feel like, i dont know, is this new, is this old, what can i do with it yeah. Were really excited just last week, we announced a partnership with Shop Rite Stores in the northeast there. First brought it on line with limes. Last time we spoke, we introduced a product for avocados, mandarins, oranges, more produce categories and more shoppers now, what happens to food that what can we do with food thats wasted now at a time theres giant food lines in this country . If you were in charge of the food supply system, how would you change it . You know, what we need is more time. The food system today is stretched to its max and in the time of covid, we see that if anything on the supply side is disrupted because of labor shortages, or on the demand side changes because of changing shopper frequency, the system snaps and it cant accommodate it so at apeel, were focused on building the food on a foundation that can support more people and our planet. The belief is, the orange has the perfect wrapper already. We dont need to create a solution we can look to the orange, draw inspiration from that and use those same materials to teach those tricks with strawberries and cucumbers. As you expand, obviously your valuation goes up. You just did a big round how does that work i mean, did you need the money are you going to take the money to grow internationally, or is it just a steppingstone to a lot of companies becoming public now . Yeah. We need the money to keep one the demand from our customers. Thats fabulous, right . Yeah. And do you have a factory to do this stuff, do you have plants that are you right on site with farmers . Yeah, we are. We are offices in california and mexico, peru, the netherlands, spain, opening up an office in south africa, all to support the supply base that feeds us every single day i still see wax on my fruit why do they do that, and is that good for me . You know, monks figured out in the middle wages you can use wax on an apple and it would last longer. If you go into a store today, an organic apple still has bees wax. So apeel comes in and says lets use food to reduce waste our partners realized 50 waste reduction and double digit sales growth so kroger was able to do a return on investment on apeel that can, over time, generate significant earnings per share game thats right. Again, this food waste issue is at a 2. 6 trillion issue one last question, why suspect walmart a customer i go to their stores, they could use you. This issue goes far beyond retail the system thats supporting our food system today, theres a way to add benefit to everyone, if we can give people more time i think youre one of the good guys doing good things for the planet thats james rogers, ceo of apeel. Thank you so much, sir mad money will be back after the break. [announcer] if youve tried college but never finished, snhu lets you transfer up to 90 credits toward your bachelors degree. [woman] it doesnt matter how old you are, you can do it. You can finish. [announcer] finish your degree at snhu. Edu. I keep warning you away from speculative stocks that have gotten too hot right now, theres one group in particular thats got me say concerned. Im talking about the Development Stage buy yiotechs working on a Covid Vaccine i think they have gotten a little too rich for my blood every major pharmaceutical is lined up to do something with this thing i believe well get a workable vaccine. Im not sure if it will make a lot of money it feels like every big pharma is chasing a vaccine thats a lot of competition. Most of these countries have other prospects. But some are way too dependant on covid so when i see that novamax has doubled since may 12, you know what it does it doesnt make me fearful im not fearing anything it just makes me want to ring the register you zoom out, novaxx is way up over the year. These are staggering moves, people and i dont want these immense profits that you may have made to turn into losses. These stocks have started pulling back from their highs. You dont want to stick around when they lose their momentum. In the last few months, both companies have given you news. They both tell great stories, novamax will tell you they have a lot of experience developing vaccines for Infectious Diseases but when you see these stocks rallying like this, then youve got to take a tougher line be more rigorous if youre going to pay up for something here, wouldnt you rather by a company thats brought something major to the market novamax is not a young company, founded in 198, public in 1995 all that time, we have brought zero commercial vaccines to market when we had the ceo on the show, he talked about how they had a lot of success with Infectious Diseases, specifically in animal testing. Animals. The truth is, novamax hasnt had a single vaccine approved in over 30 years. Never had a year which they made 36. 25 million in revenue. But one thing theyve been able to do, they know how to get the public excited about their stock. Of course, every time it takes off, it proves for ephemeral weve seen this with their flu and ebola vaccine. Theres talk of an rsv vaccine thats been struck out for years after a failure in 2016 and one last year that brought the stock to an alltime low even before the pandemic, novamax started bouncing back, because they are finally making improvement on the flu vaccine but is it likely they have a suboptimal track record if theyre not the first ones across the covid finish line, theres not a whole lot to fall back on. How about novia . It was founded in 1979, took its current form a dozen years its been publicly traded since the 1990s. Theyve never been able to bring a major vaccine to market. Theyve been a Development Stage company for 41 years they use dna to create targeted immuno therapies. Six years ago, they got in a back and forth with a biotech repo reporter he started asking questions about the companys hpv vaccine. The stock crashed. Now theyre working on a flu vaccine since 2009 maybe theyll get it right theyve been working on Cancer Vaccines there are a lot of irons in the fire, but they dont seem to be making much progress as id like again, mainly a covid player right now. And inovio, its a long shot both Companies Like to highlight their high profile partnerships. Nothing wrong with that. But you need to understand these institutions are spreading their bets when you see these deals, the devil is in the details. Last week, we got more color when we got the companys ak reality is a little more complicated. Novax only has access to 145 million up f

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