Home ETFs Cramer’s Mad Money Recap 3/18: Nike, Nvidia, Adobe

Cramer’s Mad Money Recap 3/18: Nike, Nvidia, Adobe

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It’s been a good week for stocks, Jim Cramer told his Mad Money audience on Friday. But if you’re still holding shares in unprofitable companies, that’s an opportunity for you to sell, Cramer said, because such gains come in droves and then they disappear.

Kramer’s game plan for next week begins on Monday with the latest news from Ukraine. The chances of a peaceful resolution are slim, but there is always hope.We will also get benefits from Nike (NKE) – Get NIKE, Inc. Class B Reports On Monday, things will be complicated by uncertainty over Chinese consumer spending due to more coronavirus lockdowns.

Next, on Tuesday, we’ll have a keynote from Nvidia (NVDA) – Get NVIDIA Company Reports CEO Jensen Huang, a must-see presentation to understand the current state of technology. Adobe system (ADBE) – Get Adobe Inc. Reports It will also be reported that Cramer expects good things.

Wednesday brings General Mills earnings (GIS) – Get General Mills, Inc. ReportKnowledge Base Home Page (KBH) – Get KB Home Report and Ollie’s Bargain Outlet (OLLI) – Get Ollie’s Bargain Outlet Holdings Inc Report. Cramer is bullish on these three stocks.

Then on Thursday, we’ll find out if people are going out to eat more when Dutton’s (DRI) – Get Darden Restaurants, Inc. Report Report. This, combined with Friday’s latest consumer sentiment data, should give a clear picture of how consumers are doing.

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Administrative Decision: Vacasa

In his first “Executive Decisions” segment, Cramer spoke with Matt Roberts, CEO of vacation rental platform Vacasa VCSA, which went public through a SPAC merger late last year, but is now finally finding its footing. Shares of Vacasa rose 5.7% today after the company reported strong earnings.

Roberts is no stranger to the tech world, having previously served as CEO of OpenTable. Vacasa focuses on the supply side of vacation rentals, making it easy for homeowners to rent out their vacation properties, he said.

You can rent your own home, but with Vacasa, you’ll have a full-service partner and you’ll end up making more money, Roberts said.

Roberts added that Vacasa has everything a homeowner needs. The company has an owner app, a visitor app, and a field service app, plus artificial intelligence to maximize revenue and minimize costs.

While vacation rentals are popular during Covid, Roberts said they’re not just a pandemic story. Travelers prefer the comforts of home, he said, and they prefer Vacasa to staying in a hotel.

otherworldly

In Friday’s edition of the “Off the Charts” section, Cramer checked in with Larry Williams for another look at where the market is headed next.

Williams looks at some of the old market leaders in FAANG (Cramer’s acronym for Meta) (FB) – Get Meta Platforms Inc. Class A ReportAmazon (AMZN) – Get Amazon.com, Inc. ReportsApple (AAPL) – Get Apple Inc. ReportNetflix (NFLX) – Get the Netflix, Inc. report and letters (GOOGL) – Get Alphabet Inc. Class A Report. He looked at Alphabet’s daily chart and noted that the stock has been holding above its lows, a sign that shareholders are adding to the stock. The Balance Volume indicator shows a positive divergence. Williams also likes Alphabet’s seasonal pattern, which has now bottomed out before bouncing back from April to July.

Next, Williams looked at Amazon’s daily chart, which is also bouncing off the lows and has a strong seasonal pattern.

Finally, Williams looks at a non-tech name that fits this point in the economic cycle, Coca-Cola (KO) – Get The Coca-Cola Company Report. Coca-Cola’s daily chart shows volume is rising despite the stock’s decline, making it another great investment, especially given its dividend and share buybacks.

Screen the rubble

If you’re a disciplined investor, it pays to hunt for some bargains in the rubble.

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Back in late January, Cramer looked into the IPOs of companies that actually turned a profit last year. Tonight, he used a different metric, positive free cash flow. Using this screen, Kramer found only five names he liked.

First up is swimming pool supply company Hayward Holdings (HAYW) – Get the Hayward Holdings, Inc. report, which trades at a price-earnings ratio of 1​​​4 times. Next up is MarketWise (MKTW) most controversial group

For those looking for big gains from boring stocks, Cramer recommends Ryan Specialty (Ryan) but those looking for more thrills can opt for Sovos Brands (SOVO) at a price-to-earnings ratio of 20, or the ticketed Vivid Seas (seat) and its price-earnings ratio is as high as 50 times.

Lightning Wheel

In Lightning Round, Cramer Bullish on Enterprise Product Partners (EPD) – Get Enterprise Product Partner LP ReportMedical Real Estate Trust (HR) – Get Healthcare Realty Trust Incorporated ReportVentas (VTR) – Get Ventas, Inc. Reports and DraftKings (DKNG) – Get DraftKings Inc Class A Report.

Cramer is bearish on his and her health (HIMS) – Get Hims & Hers Health, Inc. Level A Reporttwo ports (2) – Obtain reports from two port investment companiesShell Midstream Partners (SHLX) – Get Shell Midstream Partners LP report and Gilead Sciences (GILD) – Get Gilead Sciences, Inc. Reports.

no crowded offense

In his “No Huddle Offense” segment, Cramer declared, “Oh, what a difference a week makes.”

It’s hard to remember, but just a week ago, Chinese stocks were tumbling, oil prices were soaring, Russia was advancing in Ukraine, and no one knew what the Fed was going to do.

Fast forward just a week, and as the world rallies around Ukraine, the tide is turning against Russia. Chinese stocks rose. Oil prices fell. The Fed did eventually raise rates, taking the cautious approach everyone expected.

Cramer concluded last week when the market became too negative. When there’s no one to sell, it’s time to buy. Just proved it this week.

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