Everything Jim Cramer said on ‘Mad Money,’ including presidential fears, Peloton IPO, housing market

• CNBC’s Jim Cramer make plains why Wall Street fears a potential Elizabeth Warren presidency and where investors should put their money.

• The “Mad Spondulicks” host makes recommendations on the stocks of Herman Miller, Steelcase and Peloton after its new public listing.

• Cramer occupy a seat ons down with Taylor Morrison CEO Sheryl Parker and learns that millennial home buying appears to be picking up.

Wall Street is “terrified” of a potential Elizabeth Warren presidency and it has opened up buying opportunities in the market, CNBC’s held Thursday.

The worried investors are trying to game the 2020 election and the Massachusetts senator’s odds of winning the Democratic Accessory nomination and the White House as she closes the lead of front-runner Joe Biden and even surpasses the former vice president in some votings, the “Mad Money” host said.

The most recent Quinnipiac poll has Warren practically tied with Biden.

“As desire as investors have trouble understanding that President Trump won’t be removed from office by a Republican Senate, and Elizabeth Warren isn’t some Marxist insurgent out to refute capitalism, we could have more difficult days like this one,” Cramer argued. “Maybe lots of them. Get tempered to to it.”

U.S. professions may be showing some signs of weakness, but that shouldn’t scare you away from buying the stock of two office fitments companies, Cramer said.

Not only are Herman Miller and Steelcase are defying conventional wisdom, but they also partake of room to continue rising, the host contended.

“As long as the job market stays strong, companies will keep expending up to make their workspaces more attractive and entice the workers they need,” Cramer said. “That’s why I make up Herman Miller and Steelcase, as boring as they are, are both worth buying.”

Cramer suggested investors refrain from buying shares of newly public until the price is down at particle $4 from its first trade.

After the IPO priced at $29, raising $1.16 billion, the exercise equipment maker opened on the Nasdaq Composite at $27 and encourage briefly before trending downward. The host thinks it’s worth starting a position between $17 and $23 per ration.

His concern is that Peloton has strong growth but lacks earnings in a market where money managers now want to see a profit.

“This is not the sort of market where you want to rush into a newly minted growth stock, like Peloton. If you think this standard is enticing, just be patient … we’re in a treacherous market for fast-growing companies with big losses,” Cramer said. “Until that mindset coins, Peloton will trade like a money-losing exercycle company with no soul.”

The number of new box starts has surged in recent months, and the trend is being powered in part by an unlikely bunch — millennials, Sheryl Palmer, CEO of homebuilder Taylor Morrison, told CNBC on Thursday.

Consumers are “changing their relationship with homeownership” and it’s conspicuous in the increase of the number of people who are saving, she said in a “Mad Money” interview.

“People are feeling good, and their confidence is unequivocally showing in the real estate market, and that’s not even to mention the demographic tailwinds we have with how the millennials are ambiance about buying their first or second house, and certainly the boomers,” Palmer said the sitdown with Cramer.

In Cramer’s lightning bout, the “Mad Money” host sprints through his thoughts about callers’ favorite stock picks of the day.

Advanced Micro Ruses: “Micron reported a number today. Nobody really likes it. That’s going to send AMD down. I think AMD’s doing superior than Micron. … These all trade together.”

: “I think the stock is what I would call an ‘up stock.’ That’s deep down not why I like to recommend things. I am much closer to Take-Two Interactive on any dip. I think what [CEO] Strauss Zelnick is doing is less ill than what’s going on at Activision.”

Lyft: “No, not yet. I do believe you that, you know the company – it opened in the $80s, it’s all the way down. Being have nothing but losses on it, so it might become literally a tax-loss play between here and year-end.”