Like it or not, stocks are hip to the bond market, Jim Cramer told Mad Money viewers on Friday. It is a battle between value and growth, between industry and technology, and these groups can never gather at the same time. Because of this, the schedule for next week depends on comments from Fed Chairman Jay Powell and Treasury Secretary Janet Yellen.
We will hear the first part of these comments on Monday when Powell speaks. If the bond market freaks out again, Cramer expects technology stocks to decline again.
Next, we will receive revenue from GameStop on Tuesday ((GME) – Get the report and Adobe Systems ((ADBE) – Get the report. Failing to reason GameStop was higher from these levels, Cramer said that Adobe’s earnings are unlikely to move the stock no matter how good they are.
Wednesday brings more comments from Powell along with Yellen that could once again upset stocks. We will also hear from RH retailers ((RH) – Get the report and generation grow ((GROUP) – Get the reportalong with General Mills ((GIS) – Get the report. Cramer expects good things from RH and Grow Generation. He’ll listen to General Mills to see how well stocks do as the economy reopens.
On Thursday we receive income from Darden restaurants ((DRI) – Get the reportand Cramer expects a bullish report as Darden is one of the last restaurants still affected by the pandemic.
Finally more business news on Friday when we get the latest reports on personal income and consumer spending.
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Executive decision: Utz Brands
In his first “Executive Decision” segment, Cramer spoke again with Dylan Lissette, CEO of the snack manufacturer Utz Brands ((UTZ) , which rose 5.2% to close as investors cheered the company’s recent gains.
Utz is celebrating its 100th anniversary this year and Lissette said that the company has been growing brand for brand and geography for geography for decades. They are now the third largest snack maker in the US and well on their way to becoming number two.
Lissette said the secret to their success is knowing how to make delicious snacks. Customers keep coming back. In this way, Utz was able to achieve a repetition rate of 70%.
Another secret for Utz’s growth is digital media. According to Lissette, Utz increased digital marketing by 60% in the past year and will probably continue to do so this year. Thanks to digital media, Utz was able to pivot more quickly and thus contribute to its growth.
Executive decision: upstart
For his second “Executive Decision” segment, Cramer also spoke to Dave Girouard, Founder and CEO of Upstart ((UPST) – Get the report, the digital credit platform with artificial intelligence. Upstart’s shares were down 8.8% today after the company posted 57% sales growth.
Upstart’s mission is to improve access to credit, explained Girouard. He said their offerings were fair and inclusive from the start and that those beliefs were central to who they are.
Upstart is a paid company that works with banks rather than taking on the credit risk itself, Girouard added. The company has announced that it will acquire Prodigy Software to expand its offering to include the car buying experience. Upstart has also worked with companies like Intuit ((INTU) – Get the report to further promote digital personal finance.
Girouard added that Upstart is also working to translate the lending process into Spanish and tap into a traditionally underserved market. Everything from marketing to agreements to customer service will soon be available for Spanish speakers.
According to Cramer, investors haven’t missed Upstart’s growth, even though stocks have doubled in recent months.
Executive decision: Twilio
In his final “Executive Decision” segment for the week, Cramer checked in Jeff Lawson, chairman and CEO of the messaging platform Twilio ((TWLO) – Get the report.
Lawson stated that Twilio is a platform that developers can use to communicate with their customers, be it voice, text, email or video. And while Twilio is best known for notifying you when your delivery arrives or when your flight is late, the company also donates 1% of its profits to nonprofits.
Twilio’s charitable endeavors have taken on a whole new meaning this year as the world is quick to vaccinate. Lawson says Twilio sends message notifications that allow people to schedule appointments, find locations, review their reactions after receiving their recordings, and make sure they get their second dose on time.
COVID outbreaks have put us all at risk, Lawson added, and it has been a major humanitarian effort to get the world where the vaccinations are.
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Incentives for vaccines
In his “No Huddle Offense” segment, Cramer analyzed the recent exchange between Dr. Anthony Stephen Fauci, director of the United States National Institute of Allergies and Infectious Diseases and chief medical officer to the President, and Kentucky Republican Senator Rand Paul.
The two clashed during a COVID-19 hearing Thursday on the value of the vaccine and whether people should wear masks after vaccination.
Cramer said we need to do more to motivate everyone to get this vaccine. In a recent survey, only 22% of small business owners said they require their employees to be vaccinated. Cruises, stadiums, and casinos allow people to congregate, even without vaccines.
Cramer advocated a “no vaccine, no service” policy. He said if cruise lines made vaccinations mandatory, others would likely follow suit as everyone is fed up with this pandemic and wants to get back to normal as soon as possible.
Lightning round
Here’s what Jim Cramer said about some of the stocks callers offered during Friday night’s Mad Money Lightning Round:
Seal jewelers ((SIG) – Get the report: “You have to hold on to it. They are just getting started.”
Live nation ((LYV) – Get the report: “That went a lot, but this company is the real deal when it comes to events.”
Marathon Digital MARA: “It sounds great, but it has almost no revenue and no income. Buy Nvidia ((NVDA) – Get the report. “
Boeing ((BA) – Get the report: “This is the ultimate reopening. Keep buying it.”
Coupang ((CPNG) – Get the report: “This is a wild ride. You can own it for speculation, but nothing more.”
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At the time of publication, Cramer’s Action Alerts PLUS had no position in the stocks mentioned.