Lightning Round: Sharkninja's earnings will be 'shot' if Trump wins, says Jim Cramer

Financial Freedom
9 followers
Nov 4, 2024
Mad Money' host Jim Cramer weighs in on stock including: Cyberark Software, Lyft, Aurora Innovation, Costco, Huntington Ingalls, and Sharkninja.
It is time for the lightning round of Crash Bandicoot Vengeance, where it's all about
fun, entertainment, and success.
It's time to buy, bet, buy, sell, sell, and just be great at the end of the course.
Not quite so, there my staffer is, the way he played us out.
And then the lightning round is over.
Are you ready?
Ski, die.
Time for the lightning round of Crash Bandicoot Vengeance.
Let's start with Brian Rodan.
Brian.
Hey Jim, I was calling with the ever-growing threat of cyber security.
Calling on CYBR, Cyber Arc Limited.
Oh, they called CYBR, they called the keys to the kingdom.
That is a terrific situation.
I've liked it for many, many years.
Let's go to Wayne in California.
Wayne.
Hi Jim.
Hey, with investors destroying Uber this week, what can we expect with Lyft next week?
Well, I'll tell you, I mean, Lyft, they're in a dogfight.
I just say, look, I thought the Uber quarter was actually really good.
I would buy Uber with or without Lyft.
Let's go to Nathan in Pennsylvania.
Nathan.
Hey Jim, it's Nathan here in Pittsburgh, Pennsylvania.
Excellent.
Hey, if I wanted to talk to you before the end of the year, I hope you have a great end
of the year and enjoy the upcoming holidays.
Hey, what do you think of Aurora Innovations, AUR?
Well, you know, look, anytime I get into self-driving technology, I like to go, first of all, as
kind comments, I say this to you, I like to go with Tesla.
I am, I'm not wedded to Tesla.
I don't even like the guy.
He seems like a nice, he was nasty to me once, the one time I met him.
That does, that does not impact my thinking.
I would buy Tesla stock.
Let's go to Andre in Louisiana.
Andre.
Hey Jim.
Andre in New Orleans.
Down here we call it Bayou.
Well, I first got it, I called, I got Booyah from my New Orleans radio affiliate.
That started in 2001.
That's where it came from.
So let's go to work.
That's where it came from.
I love Costco.
Big fan of Jim Munger, RIP.
Poor guy.
Sure.
Right.
I'm a big user.
I think the credit card scanning issue is a very good issue.
And I think it could be, some people describe it as a Netflix moment.
What I'm curious about your opinion, Jim, is this company has been public since 1985.
They give great value to their customers and to their shareholders.
They've only done two splits, Jim.
1993 and 2000.
The last one under 50 bucks.
You know, they're selling gold at a great price.
You know, it's just a great place to go to get a deal.
Why don't they give their shareholders a deal and give it a split?
I've got to ask them.
I've got to tell you, I haven't talked to them lately.
The CFO, who's just with the former CFO, I would have just asked him directly.
I don't know.
What matters to me is great service.
I just crushed it when I was there last week.
I don't know if you have the new pizzas, the little pizzas.
I mean, they're really extraordinary.
By the way, the drink is so cheap, I told them the price was wrong.
And then I tried to give them cash.
They don't take cash anymore.
Whatever that's about.
But anyway, Costco's just behind Costco.
Let's go to Fadi in Ohio.
Fadi.
Thank you, Mr. Kramer.
The company I'm calling about stock is down from $2.99 to $1.85.
Huntington Ingalls Industries, HII.
Yeah, you know, I mean, I've got to look into, you know, they...
I have to find out what the heck happened to that quarter.
I don't know, because all the defense stocks were good,
and I saw that thing fall apart,
and I didn't even get a chance to be able to look into them yet.
Let me come back to you on it.
Let's go to Mike in Pennsylvania.
Mike.
Booyah, Jim.
How are you doing today?
I am doing well, Mike.
How about you?
Good.
Calling about Shark Ninja.
Kind of started with them as a customer.
Really impressed with their customers, their product and service range.
Looked at their financials.
Looked really solid.
They just had their Q3 earning report,
which I thought looked really good,
but the stocks dropped 20% in two days.
What's your thoughts?
Okay, I've got to tell you,
apropos of another caller,
they're taking over whole aisles at Costco.
I think SN is a terrific company.
We had them on.
However, they make their stuff here.
They design it here,
but it's actually constructed in China.
So in other words,
they design it here,
and then it's sent over to China,
and then it's sent back here.
And obviously, if Trump wins,
the tariffs are going to be so high
that their earnings are just going to be shot.
So that's why people don't want to buy Shark Ninja.
It is the stock to buy.
Actually, the stock to buy
if you think that Harris is going to be
the next president of the United States.
And that, ladies and gentlemen,
conclusion of the Lightning Round!
The Lightning Round is sponsored by Charles Schwab.
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