Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 11/26/24
Nov 27, 2024
Discover the latest stock market dynamics as key players like Apple and Tesla face challenges from tariffs and geopolitical issues. Explore retail earnings, with standout performances from Dick's Sporting Goods, while Burlington Stores reveals a cautious revenue outlook. Delve into Intuit's surprising stock decline despite positive earnings, alongside insights into PayPal's growth challenges. Uncover the importance of profit-taking in stock investments and the emerging role of cryptocurrency as a hedge against debt.
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Episode notes
Mega-Cap Rebound
- Remember today's market activity as a lesson.
- Mega-cap stocks rebound when investors give up on them.
Apple and Google Deal
- Google's payment to Apple to be the default search engine benefits both companies.
- The Justice Department's attempt to end the deal could harm Apple.
US-China Relations
- Tim Cook visiting China during tariff talks indicates a potential improvement in US-China relations.
- A 10% tariff suggests a more cooperative stance than anticipated.