Adobe is the company that made the best use of AI, says Jim Cramer - Summary

Summary

Jim Cramer discusses market trends and upcoming events for the coming week in his show "Mad Money." He believes that interest rates stabilizing and a break in the oil rally could cause declines to reverse. He also advises buying stocks of companies doing well in the upcoming week and highlights some events to watch out for, including the Fed meeting and tech conferences. Cramer advises a caller to start buying Amgen gradually for its dividend yield, and discusses upcoming segments on Celsius, Signet, and RH.

Facts

1. The speaker's mission is to help investors make money.
2. The speaker will teach listeners, not just entertain them.
3. The speaker will be attending the largest tech conference in the universe thrown by Salesforce in San Francisco.
4. The speaker's charitable trust has put a lot of money into buying lower level stocks and is tempted to buy more during the latest downturn in tech.
5. There will be macro numbers reported including CPI, PPI, and retail sales, as well as a FED meeting next week.
6. The CEO of UAW is in negotiations with Ford, GM, and Stellantis regarding a labor deal.
7. The Arm IPO and Adobe's quarterly report will be interesting to watch.
8. The speaker recommends buying Hormel shares with a 3% yield.
9. The speaker likes the pharmaceutical deal with Amgen.
10. There will be discussions regarding Celsius, Signet, and RH on the show.