Jim Cramer on Star Wars, Tesla, Nike and the Democratic Debate

Author:
Publish date:
Video Duration:
8:04

It's the final episode of 2019 for TheStreet's live show. But, have no fear, Jim Cramer and Katherine Ross will be back on January 2 to kick off 2020.

Cramer's got some thoughts on Tesla TSLA and he breaks down Action Alerts PLUS's biggest investing win of 2019.

Why Is Nike Real Money's Stock of the Day?

Nike NKE posted earnings of 70 cents a share vs. 52 cents in the year-ago quarter and well above analysts’ forecasts of 58 cents a share. Sales rose 10% to $10.32 billion against analysts’ estimates of $10.09 billion.

Over the past five years, Nike has reported double-digit sales growth in China, but there were concerns that trade tensions between the U.S. and China would weigh on the company’s performance.

Nike reported 20% revenue growth in China to $1.8 billion, led by $1.2 billion in footwear.

North America and Europe remained the company’s biggest markets, accounting for $3.98 billion and $2.53 billion of sales in the quarter, respectively. Nike’s revenue from North America, however, missed Wall Street's expectations of $4 billion.

Will 'Star Wars: The Rise of Skywalker' Hit the Billion Dollar Mark?

Disney's DIS 'Star Wars: The Rise of Skywalker', which is the final installment in the nine-part film series, opened in theaters Thursday night and the majority of reviews have been negative.

The Associated Press called the movie a "scattershot, impatiently paced, fan-servicing finale" while the film, directed by J.J. Abrams, was called "completely manic" by the Atlantic and The New York Times said "Skywalker" isn’t a "great 'Star Wars' movie, but that may be because there is no such thing."

What's Got Cramer Eyeing Tesla?

Cramer has ten reasons that Tesla is a "phenomenon."

"[Tesla CEO Elon] Musk himself has gone from someone who seemed chronically on the verge of some sort of nervous breakdown or egomaniacal high that he became his own worst enemy. We don't know if he's gotten his life together, I sure hope he has, and maybe he even believes it is together and it isn't. The fact is it doesn't matter," Cramer wrote.

Read his full take on Tesla and Musk over in his column on Real Money.