Lightning Round: I am a buyer of Carnival Corporation, says Jim Cramer
By CNBC Television
Key Concepts
- Lightning Round: A segment of the show where the host rapidly answers viewer stock questions.
- Carnival Corporation (CCL): A cruise line company.
- Royal Caribbean Group (RCL): Another cruise line company.
- IonQ (IONQ): A company involved in quantum computing, with potential applications in energy data centers.
- C3.ai (AI): An enterprise artificial intelligence software company.
- Insider Selling: When company executives or major shareholders sell their stock.
- Perspicacity: The ability to understand or judge things quickly and clearly.
- Starbucks (SBUX): A coffeehouse chain.
- Brian Niccol: CEO of Chipotle Mexican Grill, and previously of other companies.
- Mad Money: A television show hosted by Jim Cramer.
Lightning Round Stock Analysis
This section covers rapid-fire stock recommendations and opinions from viewers and the host.
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Carnival Corporation (CCL):
- Viewer Question: Nick from North Carolina asks for thoughts on Carnival Corporation after a strong third quarter.
- Host's Opinion: Jim Cramer is a "buyer" of Carnival Corporation. He also expresses a positive sentiment towards Royal Caribbean (RCL).
-
IonQ (IONQ):
- Viewer Question: Ian from Florida asks about a stock that is a "Bitcoin miner slash getting into the energy data center move." He specifically mentions "Iron" (likely referring to IonQ).
- Host's Opinion: Cramer strongly advises against buying IonQ. He predicts a significant increase in "insider selling" within this sector. He states, "I am looking for insider selling to descend upon this group. And I will not be wrong. I will not be denied." He believes IonQ has already demonstrated his foresight ("perspicacity").
-
C3.ai (AI):
- Viewer Question: Ted from New Mexico notes that C3.ai dropped about 40% in August.
- Host's Opinion: Cramer views this drop as an "opportunity," implying he sees it as a buying chance.
Sponsorship and Upcoming Segment
- Sponsor: The Lightning Round is sponsored by Charles Schwab.
- Upcoming Segment: The show will feature an analysis of Starbucks (SBUX), following a significant stock increase since Brian Niccol was named CEO. Cramer will discuss whether it's a stock investors can "believe in."
Viewer Appreciation and Show History
- Viewer Comments: Several viewers express their appreciation for Jim Cramer and his show, "Mad Money."
- One viewer calls him "The Emperor of Cramerica."
- Another viewer mentions watching every episode of "Mad Money" since its first broadcast in 2005.
- Show Information: "Mad Money" airs every night at 6 p.m. eastern on CNBC.
Synthesis/Conclusion
The transcript highlights a segment of "Mad Money" where Jim Cramer provides quick stock opinions during a "Lightning Round." He expresses bullishness on Carnival Corporation and views the recent drop in C3.ai as a potential buying opportunity. Conversely, he strongly advises against investing in IonQ, anticipating significant insider selling. The segment also serves as a platform for viewer engagement and appreciation, with an upcoming analysis of Starbucks announced.
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