Today we saw the power of positive thinking, Jim Cramer told his viewers at Mad Money on Wednesday. As stocks went down, investors welcomed the move, which ultimately gave them a good chance to buy.
In the past, big macro events mattered, Cramer explained. In fact, almost half of the share performance has nothing to do with the company itself, but rather with its sector and the economy as a whole. But in today’s market, investors are again focused on individual stocks.
Make no mistake, index funds are still very popular, Cramer added, but money only flows into stocks. Interest rates remain low, giving investors few other alternatives for long-term growth.
The real engine for investing in individual stocks is trading at zero commission, Kramer said. It has finally become easy and affordable for investors to take their favorite stocks. And with so many stocks going up, it̵
Therefore, the market no longer shifts to macroeconomic events, such as pandemics or employment levels. As long as interest rates remain low, stocks will continue to be the only game in town.
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Executive solution: Teladoc
In his first “Executive Decision” segment, Cramer welcomes Jason Gorevic, CEO of Teladoc (TDOC) – Take a report, the telemedicine provider that saw its shares stop in recent weeks after the company announced a merger with Livongo Health (LVGO) – Take a report.
Gorevic said Teladoc has seen an incredible transformation this year. At the beginning of the year, they fought for awareness, but when the pandemic struck, they went through the acceptance phase and right into the waiting phase. Patients who have tried telemedicine are not returning to the waiting room, he said. Patients want and expect to have opportunities.
Gorevic added that with the acquisition of Livongo, Teladoc has a strong range of services and is truly the only global healthcare platform. Approximately 18% of their business now comes from abroad and outside the United States
Teladoc is proud to be expanding access to mental health services worldwide. Gorevic said mental health is a vital but underused part of our health care system and one that lends itself to telemedicine.
Executive solution: Biohaven Pharmaceuticals
Cramer also talks to Vlad Koric, CEO of Biohaven Pharmaceuticals, about his second segment, “Executive Decision”. (BHVN) – Take a report, manufacturers of the breakthrough drug for migraine, Nurtec ODT. Biohaven shares have tripled since Cramer last registered in April.
Koric said they have seen explosive growth in Nurtec since its debut, with over 200,000 prescriptions so far. Patients love that Nurtec works fast and is long-lasting.
Asked how the drug works, Koric explained that Nurtec is a targeted therapy that resets migraine pain receptors and quickly stops pain and cascading symptoms. He called the drug “the best is class” and noted that it lasts up to two days.
Biohaven is currently awaiting FDA approval for Nurtec, which will also become the first drug approved for migraine prevention. The preventative version is the same drug and the same dose, but will be approved for daily doses to eliminate migraines before they begin.
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Follow the technology
Where the money goes, technology often follows, Kramer told viewers as he changed his tune to hydrogen fuel cells.
For years, hydrogen fuel cells have been a sure way to lose money. At Tesla (TSLA) – Take a report Elon Musk is known for calling fuel cells “stupid cells” as well as “extremely stupid.” But today Plug Power (CONCLUDE) – Take a report, fuel cell forklift manufacturers raised an additional $ 845 million in a deal that was backed by Wall Street. Shares of Plug Power also increased by over 600% for the year. Maybe, Kramer said, fuel cells are not a dream after all.
Plug Power beats profits, there are many big customers like Amazon (AMZN) – Take a report and Walmart (WMT) – Take a report, and the company has a number of positives to look forward to. First, renewable energy will certainly benefit more from Biden’s presidency. Renewable energy is also becoming much cheaper, which is exactly what green hydrogen should be profitable. This is probably the reason for large companies like Linde (LIN) – Take a report make investments in green hydrogen. Finally, hydrogen may be part of the answer to our energy storage problem. Solar panels can power the grid during the day, while producing hydrogen that can power us at night.
Race up to $ 10
A little over five weeks ago, Cramer bet this in the race to $ 10 a share, Ford Motor (F) – Take a report would probably beat General Electric (GIVE) – Take a report to the finish line. It turns out that GE came out with a surprising victory.
Ford has been on fire for the past few weeks. Robinhood traders continue to stockpile. And customers love Ford’s new range of cars, including the all-electric Mustang and F-150 pickup.
So how then does a GE rocket up to $ 10 a share? In a word, Boeing (BA) – Take a report. With the 737Max already approved for flight and the COVID vaccine on the go, General Electric will rise along with the rest of the aerospace industry.
Here’s what Cramer had to say about some of the promotions that callers offered during the Round Crazy Lightning on Wednesday night:
MGM Resorts (MGM) – Take a report: “I feel this strongly because China is returning. We need to be at Wynn Resorts (WYNN) – Take a report. “
Vroom (VRM) – Take a report: “I like Lithia Motors (LAD) – Take a report and Karvana (CVNA) – Take a report and I stick to those two. “
Tattooed chef TTCF: “I like it beyond meat (PREPARATION) – Take a report and that was difficult. There are too many companies in this field. Easy money is made. “
Texas Instruments (TXN) – Take a report: “I love Texas Instruments. It has existed since time immemorial and is for me.”
DraftKings (DKNG) – Take a report: “I say yes to DraftKings.”
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At the time of publication, Cramer’s Action Alerts PLUS held a position at AMZN.