CNBC's Jim Cramer reveals a cheat sheet for finding safe sectors to invest money in this volatile market environment. The "Mad Money" host sits down with Spam-maker Hormel CEO Jim Snee to hear about its products journey and former J. Crew CEO Mickey Drexler. In Thursday's episode, Cramer makes a new call and a bullish case for one retail company that has been wading through troubled waters: Bed Bath & Beyond.
host said Wall Street "didn't get what we desperately need, which is a better reason to buy more stocks here."Hormel, plant-based food products and "Impact Per Shares"CEO Jim Snee told Cramer that the company's "food journey" is harnessed to its commitment to corporate and social responsibility. "It could be for a health benefit, it could be for a craving, right, a lot of different reasons," Snee said in the interview, "but as you think about our portfolio, it's broad, it's deep, and it's improving the lives of consumers. So those three pillars on our food journey [is] where we're making a difference."A customer carries a shopping bag outside a Bed Bath & Beyond Inc. store in Charlotte, North Carolina.
"Well, you know, to me, and everyone says, it's direct to consumer. I think the structure is — when there are two profits, two mark ups instead of one, it already inflates the perceived value of goods," he explained adding "they're not doing enough to make them creative, compelling places you want to hang out in, with the exception of some.
Does it have subtitles. He spews unintelligible nonsense. Does he have a charitable trust? Or, just a portfolio he sells to charities.
PumkinSpam = I could write a screen-play on that 1 = $25.00 U.S.?= $33.00 Canadian!!
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