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Cramer's Stop Trading: Oracle

Cramer's Stop Trading: Oracle

CNBC Television

16,874 views 1 month ago

Video Summary

The speaker is impressed with Oracle's stock performance, noting it's up 90 and speculating it could reach $100, potentially making it a trillion-dollar company. They highlight Robin Hood's CEO, Vlad Tenev, and his vision for increased individual stock ownership, believing Robin Hood provides a transparent platform that makes stock trading exciting rather than a "casino." The speaker recalls an early encounter with Tenev and his app, predicting its widespread adoption, which they feel is now coming to fruition.

Short Highlights

  • Oracle's stock is performing exceptionally well, seeing a 90% increase.
  • The speaker believes Oracle could reach a $100 price point, potentially a trillion-dollar market cap.
  • Robin Hood's CEO, Vlad Tenev, advocates for more individual stock ownership.
  • The speaker praises Robin Hood for offering a transparent and exciting platform for traders.
  • The speaker recalls an early prediction about the success of Robin Hood's app.

Key Details

Oracle's Impressive Stock Performance [00:02]

  • Oracle's stock is currently trading up 90.
  • The speaker speculates that it could reach $100.
  • This could potentially make Oracle a trillion-dollar stock by the end of the day.

"Can't find any sellers here in Oracle up [00:02] 90. Carl, maybe this is going to be the [00:06] one that goes to be up 100 and be a [00:08] trillion dollar stock by the end of the [00:10] day."

The speaker is observing a significant surge in Oracle's stock, indicating strong positive momentum and the potential for massive growth.

Robin Hood, Vlad Tenev, and Individual Investing [00:12]

  • The speaker references Vlad Tenev, the CEO of Robin Hood.
  • Tenev's vision is for more individuals to own individual stocks.
  • The speaker believes Robin Hood offers a transparent look into trading.
  • They describe the experience of trading on Robin Hood as "exciting" and not a "casino."
  • The speaker congratulates Vlad Tenev for what he has built.

"And I think that when you heard Vlad [00:12] Tennant, the CEO of Robin Hood, talk [00:15] about how people need to more should own [00:18] more individual stock and then you get [00:20] up at three and then you watch Oracle [00:22] trading up mostly through Robin Hood and [00:24] be able to get a real transparent look. [00:26] you say to yourself, "Wow, this is not a [00:29] casino. This is the most exciting thing [00:31] for a lot of people's lives. I got to [00:34] congratulate what I got to congratulate [00:36] Plat for what he's built. It's really [00:38] incredible."

The speaker is impressed by Robin Hood's CEO's philosophy and the platform's ability to foster excitement and transparency in individual stock ownership.

Early Predictions and the Future of Trading [00:38]

  • The speaker recalls meeting Vlad Tenev in San Francisco when he had an app.
  • Tenev asked for an opinion on his app, admitting he didn't know much about stocks.
  • The speaker predicted that "everyone's going to own stocks."
  • They feel this prediction is finally coming true.
  • The speaker also mentions wanting Robin Hood's wallet.

"I remember when I he came [00:40] on when I was out in San Francisco, he [00:42] had an app. He said, "I really don't [00:44] know stocks. What do you think of this [00:45] app?" And I said, "Oh, why? Everyone's [00:48] going to own stocks." Well, it's finally [00:50] happening."

The speaker reflects on a past insight into Robin Hood's potential, noting that their initial prediction about widespread individual stock ownership is now becoming a reality.

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