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Trump's Tweets Are Hurting The Markets - Cramer's Mad Money (4/5/18)



  • The Toys "R" Us bankruptcy will be a tailwind for Ollie's Bargain Outlet Holdings.
  • Cramer digs into the Spotify IPO.
  • It's a good time to start a position in Randgold Resources.

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, April 5.

The volatile nature of the market has got Cramer worried. It's not going to be smooth sailing, as there are new risks affecting the market's rally.

  • A strong nonfarm payroll report that would mean further hike in interest rates.
  • Another errant tweet from Trump.
  • The trade conflict between US and China.
  • Trump's push to renegotiate NAFTA.

The biggest worry for Cramer is Trump targeting Amazon (AMZN), which is pulling the FANG stocks down, thereby affecting the market directly. He advised investors to be vigilant, and said buying on weakness will not be the best action over the next few days.

CEO interview - Ollie's Bargain Outlet Holdings (OLLI)

Ollie's reported good earnings, but the stock went down on lower-than-expected guidance. Cramer interviewed Chairman, President and CEO Mark Butler to find out more about the quarter.

Butler said that Ollie has beaten every estimate since coming public, which has led to more exposure with customers and suppliers, and that this year was the company's biggest ever. Ollie's loyalty program has 9 million members, and it's growing at a rapid pace as the company adds more rewards for loyal shoppers.

The company can support 950 stores and it only has 274 currently, which means there is room for growth. The Toys "R" Us bankruptcy will lead to excess inventory coming to Ollie's, and customers may soon be able to buy toys at bargain prices.

CEO interview - Pennsylvania REIT (PEI)

The stock of PEI is down 16.6% for the year, and it yields a dividend of 8.5%. The REIT sector is seeing weakness due to retail closures and rising interest rates. Cramer interviewed Chairman and CEO Joseph Coradino to know what lies ahead for the company.

This article was written by

Mohit is the former Managing Editor for the Breaking News (India team) at Seeking Alpha. Currently working with Benzinga, he was with Seeking Alpha from January 2010 until August 2020. Before joining Seeking Alpha in January 2010, he worked with a start-up equity research firm in the capacity of a Team Leader tracking US company events and results.Born in the U.A.E, he spent most of my growing up years in Dubai. Currently, he resides in Mumbai, India.

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