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Everything Jim Cramer said about the stock market on 'Mad Money,' including investing around impeachment, FedEx's woes – CNBC, CNBC

Everything Jim Cramer said about the stock market on 'Mad Money,' including investing around impeachment, FedEx's woes – CNBC, CNBC


CNBC’s Jim Cramer says investors shouldn’t worry about how the impeachment proceedings in Washington, D.C., will impact stocks on Wall Street. The “Mad Money” host explains how the market reacted to President Bill Clinton’s impeachment and how FedEx can recover from its stock woes.

Tune out the impeachment noise

Traders working on the floor of the New York Stock Exchange.

Drew Angerer | Getty Images

CNBC’s on Wednesday said investors on Wall Street care more about company fundamentals than they care about the impeachment process in Washington, DC

As the House debated impeaching President Donald Trump throughout the day, the major US stock averages barely moved. The slipped 0. 12%, and the dipped 0. The rose 0. 06%.

“While the impeachment debate did not seem to do much damage, a late wave of selling was, indeed, met with almost no buyers today, and that’s not what you want to see if you’re hoping for smooth sailing going forward into year end, “the” Mad Money“host said. “Still, even if we have a few down days coming up … market history saysIt’s a mistake to freak out about the impeachment process. “

Impeachment history suggests Wall Street has nothing to fret about

With the public fixated on impeachment in Congress, Cramerrevealed his strategy to make money in stocksas the bull continues to run on Wall Street.

The host is convinced the impeachment of Trump will play out as did that of President Bill Clinton, who was impeached in a Republican-led House and acquitted in a Democratic-led Senate two decades ago.

“That’s right. It may not be classy, ​​but I’m here to help you profit from these impeachment proceedings because, you know what, this show Isn’t ‘Mad Politics,’ it’s’ Mad Money, ” he said, ”and on ‘Mad Money,’ we never stop hunting for the next bull market for you.”

Stocks that can work through Trump’s impeachment proces s

Microsoft signage at the Meridian Building (formerly CompuWare) in Detroit, Michigan on May 728, 2019.

Raymond Boyd | Michael Ochs Archives | Getty Images

As the House of Representatives takes its next step toward impeaching Trump on Wednesday, Cramer said there arestock market lessons to be learned by looking at history.

Specifically, there are some companies whose stock performances are showing similarities to those during the impeachment proceedings of former President Bill Clinton, who was acquitted in early (***************************************, the host said.

Those companies include,, and among others, Cramer said.

While many of the stocks saw their gains wiped out during the dot-com bubble, Cramer said it is still a worthy exercise to look back to top performers in (****************************************.

“It’s really pretty astonishing how much of what was working then is also working now,” he said.

How FedEx stock can rebound

An empl oyee sorts packages inside the FedEx distribution hub at Los Angeles International Airport.

Patrick T. Fallon | Bloomberg | Getty Images

management must adjust the company to the digital age if itexpects to engineer a rebound in the stock, Cramer said.

The shipping giant continues to rake in big profits but finds itself in a deeper ditch after failing yet again to meet expectations in its most recent earnings report.

) “The real disgrace is that management keeps believing they’ve got it right when in reality they’re dead wrong,” the host said. “Stop the predictions, stop the sham guidance, and take the time to figure it all out. Then, and only then, FedEx stock will be able to bottom.”

Cramer’s lightning round

In

Cramer’s lightning round, the “Mad Money” host zips through his thoughts about callers’ favorite stock picks at a rapid pace.

: “It’s a tough one, because it’s got a good yield … but I really do prefer. I just think it’s less risky, and I don’t want you to have a lot of risk in your portfolio. “

: “I like Taiwan Semi, they’re very good, but I’m going to … raise you with – faster growing and better.”

: “Honestly, I think that stock is a very, very good stock. They’ve got a very good business model. “

Disclosure: Cramer’s charitable trust owns shares of Nvidia, Microsoft, Apple and Cisco.

Disclaimer

Questions fo r Cramer?Call Cramer: 1 – (******************************** CNBC

Want to take a deep dive into Cramer’s world? Hit him up!) Mad Money Twitter– Jim Cramer Twitter- (Facebook- Instagram

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

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