Mad Money Lightning Round Recap: August 16 to 20 2021
“The following are stocks highlighted during the Mad Money segment called the "Lightning Round" on CNBC hosted by Jim Cramer at 6 pm most weeknights."
Monday, August 16
The RealReal: “No. As a matter of fact I am actually, I want take all these places that do clothes — let me throw in Rent the Runway — and start thinking, you know what, we’ve got too many of these guys. I just really feel that way, so I’m going to say no to The RealReal.”
Mind Medicine: “Psychedelic drugs, I thought it had a future but right now it looks like the past. I am a believer that this is a great [speculative play]. Two buck spec, you can do that, but remember stocks can go to zero.”
Affirm Holdings: “I think [CEO] Max Levchin is the pioneer in this group. I think if the stock doesn’t get higher, he’ll sell the darn thing. I like him. I like Affirm. I’m a buyer.”
Fair Isaac: “We now have competitors to Fair Isaac, and I think that that’s a problem. There are other companies that are coming into the business and they’ve got a better way to do loans, including, yes, Upstart, so I am not a fan of FICO.”
Upwork: “It went out of favor about two weeks ago, but [CEO] Hayden Brown does not go out of favor. She’s extraordinarily good, so I think you should hold it for the long term.”
Butterfly Network: “When I first heard about this, I happened to be with a doctor who loves the product, and I thought it could be a hit. But you know what, it’s just another one of those companies that came a time when there’s too many companies, so I’m going to have to say you’ve just got to wait until people finish selling. I don’t know when that is, but it’s certainly not here.”
Dish Network: ”[Chairman] Charlie Ergen runs that ... and I’ve got tell you, he is so smart, I would never bet against the guy even if I cannot see a single reason to own the stock other than the fact that Charlie Ergen runs it.”
Tuesday, August 17
Staar Surgical: “I like Staar Surgical. That’s the kind of stock that is really working here and has been working for a very long time. I don’t understand why they’re not bought by someone. Visual implants, very specialized business. They do a great job.”
Digital Turbine: “Content development. I hate to tell you ... there’s just too many companies in this business. Many of them have come public now via SPAC or whatever. There’s just a plethora. It’s a fire hose. You’ve got to stay away.”
Infrastructure and Energy Alternatives: “Can we just buy Tesla? Tesla is down. They do renewable energy. They have solar energy and the car. The stock seems to go down a great deal. Buy some now and buy some if it goes down another, say, 5%.”
Danimer Scientific: “No. This thing is going to be solved by companies like an Eastman Chemical. It’s not going to be solved by these little guys because you need scale, and that’s my take.”
Amazon: “Did you know that AMZN is down for the year? Now do we run from a stock that’s down for the year that has a really hideous chart or do we just say, you know what, we’re going to ride it out. My charitable trust is choosing to ride it out, and I think you should choose to join me on the ride.”
WM Technology: “We’ve got to take a break from the cannabis stocks for a few. We’ve had too many edibles. That’s what it is. ... I’d stay away right now.”
Lion Electric: “There’s a lot of these out there. Lion is one of my favorites, but that does not mean it’s going to go up. It just means it’s one of my favorites in that cohort.”
Wednesday, August 18
Intuitive Surgical: “I like Intuitive Surgical very much. Great management, great growth, numbers spiked. One of the best performing stocks of the year. I say buy, buy, buy.”
Skyworks Solutions: “I’m going to say yes [it’s time to add more]. I like the acquisition. I like [CEO] Liam Griffin. Liam is so smart, he’s such a big provider of chips to Apple, he pretty much is the most bankable company Apple works with. [Buy, buy, buy].”
Canopy Growth Corp.: “We need legislation. We need it now for Canopy. I’d rather do it in a much more hedged way of owning Constellation Brands, which has a stake in Canopy, rather than rolling the dice. I feel the same way about Tilray. ... I cannot embrace this group until we see legislation, and I don’t see it on the horizon.”
Hyliion Holdings Corp.: “So many people were, I’m going to use the unfortunate word, pumping that on me, and it never really amounted to much. I’ve got to tell you, I just don’t think it has it. It’s one of those electrified powertrains, there’s like five of them. There’s five charging stations. There’s five this, five that. We have too many of this kind of stock, and they’re not working.”
Thursday, August 19
Academy Sports and Outdoors: “Even after the big run, I think it’s still inexpensive. I would be a buyer of this stock.”
Poshmark: “I do like Poshmark. I do like what they’re doing with trying to recycle clothing. I think it’s a great idea. I guess people just, it’s gone totally out of style. I think [CEO Manish Chandra] does a good job. I would hold onto it.”
C3ai: ”[CEO] Tom Siebel is such a money maker. I totally understand why you would feel like you just have to own the stock. There are so many companies in that area and they are so cutthroat, but I can’t tell you to sell this thing down 68%. At this point I think you have to hold onto it.”
Sea Ltd: “You bet [I still love it]. That company is on fire. That is basically the Amazon meets PayPal, everything, of Southeast Asia. We have liked it from the beginning. I could not believe that last quarter. It was incredible.”
ContextLogic: “I’m not throwing any love to you that way. When you wish upon a bad stock. That one is just no. We’re not going to go there.”
Friday, August 20
No Show Aired on this date.
What time is mad money on?
Mad Money airs weeknights at 6 PM ET on CNBC and is hosted by Jim Cramer. However, although the show does air most weeknights it occasionally does not air episodes on some weeknights when the Host Jim Cramer is absent Additionally, the show also airs in Australia during the following times: Saturday 09:00, 22:00, 23:00 SYD, Sunday 22:00, 23:00 SYD, Monday 04:00, 05:00 SYD.
What channel is mad money on?
Mad Money airs on CNBC. Mad Money is a financial television show with segments such as the "Lightning Round" and I am I Diversified. The first aired on CNBC on March 15, 2005.
Disclosure: mysmallbank.com did not receive compensation from any company or security highlighted in this article, nor from CNBC as well. Consider this as basic information only and utilize professional services and additional sources before making an investment decision. Additionally please refer to the CNBC mad money website for any additional information regarding the stocks mentioned above. #stockstowatch #money #finance #investing