Lightning Round: SoFi and CEO Noto are terrific, says Jim Cramer

Wealth Wizards
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1 Video View·Nov 9, 2024
Mad Money' host Jim Cramer weighs in on stock including: MGTX, Jabil, and SoFi.
Hi Jim.
Boo yah to ya.
I really enjoy your show and the kids enjoy your show.
It's really been a big influence on them.
I really appreciate it.
Thank you.
I want your cake.
Yeah, thank you so much. I want to get your take on backing up the truck on a biotech
where Johnson & Johnson and Sanofi are the second and third largest shareholders. They
got some manufacturing facilities and a robust pipeline and kind of a novel gene regulation
technology. The ticker is MGTX.
You know what, this is a curiosity because those companies would not be putting that
much money unless there was something there and yet it hasn't done that well. But I'm
going to put it as a spec. I think you speculate on it. Just put it away. Put it away. Speculate.
If something great happens, terrific. If not, you won't even notice. And let's go to James
in Michigan. James.
Big Jim, thank you for taking my call. Can we get a booyah?
Booyah!
Okay, Jim, I cannot tell you how much we love your show and we've made some great money.
We've made some great money in the stocks.
Yes!
Jim, your thoughts...
NVIDIA millionaires, that's what we're looking for.
Jim, your thoughts on J-Bill, both long and short.
J-Bill is such a good company. I mean, look, I've used to have one all the time in the
old days. They are a great contract manufacturer, but also do a lot of stuff themselves. And
it's had a series of remarkable quarters by J-Bill.
Let's go to Joel in California. Joel.
Jim, thanks for taking my call.
Of course.
Long time, first time club member. And a shout out to my boy, Nigel, in Detroit. I know he's
listening or watching.
Nigel? Nigel, how you doing? Booyah, Nigel. All right.
Hey, thanks, Jim.
Stay in touch with your dad. Stay in touch with your dad.
Thanks for all that you and your team does for us home gamers and the charities you support.
Thank you. If you saw the team, you would say that I'm just a puppet. I'm a marionette.
And my puppet master is right over there. Her name is Regina Gilgen. And right now,
she's just taking my arm. Give me my arm back!
All right.
I know you have a lot of help behind the scenes.
No, I do.
Yeah, with Jeff Marks and Ben Stodo.
Thank you.
You, sir, are a great American and a true man of the people.
I'm just trying to stay in the mix like everybody else, I guess. How can I help you?
All right. For three years, I've been in the house of pain with my stock.
But nobody has made a dime by panicking.
And you said the CEO was just too darn good.
So I aggressively averaged my cost bases down.
And I finally escaped the H.O.P. with SoFi Tech.
Oh, you know what? This is one. I mean, when Anthony Yoder came on, we were in Santa Barbara.
The stock was like a five buck. I've known Anthony for 25 years.
And it just bugged me that bugged me so much that people questioned him.
Questioned his ability, questioned his integrity.
I would come after anyone who questioned Anthony Yoder.
I'd be the first one in front of him and behind him, whatever.
And Yoder was delivering. And SoFi is no longer a bank.
It's a technology company, as it always meant to be.
And I think he is terrific. And the stock is good.
And thank you for sticking with it.
And that, ladies and gentlemen, is the conclusion of the lightning round.
The lightning round is sponsored by Charles Schwab.
Coming up, elf beauty is on the rise after earnings.
Is it a sign consumers are breaking up with high-end makeup?
Kramer talks the trade down in the beauty business. Next.
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