Lightning Round: I am a buyer of Carnival Corporation, says Jim Cramer

By CNBC Television

FinanceBusinessTechnology
Share:

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.

  • 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.

Chat with this Video

AI-Powered

Hi! I can answer questions about this video "Lightning Round: I am a buyer of Carnival Corporation, says Jim Cramer". What would you like to know?

Chat is based on the transcript of this video and may not be 100% accurate.

Related Videos

Ready to summarize another video?

Summarize YouTube Video