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Jim Kramer advised several dozen promising stocks

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Jim Cramer: This is a great moment for the stock market Description video: \”I’m actually thrilled by all the negativity because it means stocks can still go higher,\” the \”Mad Money\” host said. Subscribe to CNBC PRO for access to […]

Jim Cramer: This is a great moment for the stock market

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\”I’m actually thrilled by all the negativity because it means stocks can still go higher,\” the \”Mad Money\” host said. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6 \n\nCNBC’s Jim Cramer on Wednesday said the stock market is full of pessimism, creating an opportune moment for investors.\n\n“Fairly or unfairly, this is a great moment for the stock market,” the “Mad Money” host said. “The promised land is right there. We’ve still got to get through the worst phase of the pandemic, but then we’ll be vaccinated and, hopefully, you’ll never have to hear about Covid-19 again.”\n\nThe comments come after a mixed day of trading on Wall Street where the Dow Jones Industrial Average slid while the S\u0026P 500 and Nasdaq Composite moved higher. The three major indexes were well off their session lows.\n\nCramer said the trading day was more volatile than the closing appeared. Stocks traded lower on a worse-than-expected drop in retail sales last month, the Federal Reserve’s comments on the state of the economy and ongoing coronavirus pandemic worries, he explained.\n\nA late-in-the-day announcement that lawmakers are nearing a $900 billion coronavirus relief measure helped stocks rebound, he added. The bill will potentially include $600-per-person direct payment stimulus checks for Americans.\n\nThe Dow eventually closed at 30,154.54, down 0.15%. The S\u0026P 500 inched up 0.18% to 3,701.17 and the Nasdaq Composite climbed 0.50% to 12,658.19.\n\nCramer said the lingering negative sentiment is intriguing for investors.\n\n“I’m actually thrilled by all the negativity because it means stocks can still go higher. As long as we have doubters, we can rally,” he said. “The market goes up when bears turn into bulls, so think of the negativity that we saw all morning as the fuel. When everyone’s positive, well that’s when you have to worry.”\n\nSome stocks that Cramer said could have more upside include Stanley Black \u0026 Decker, Lowe’s, Home Depot, Lululemon, Boeing, Facebook, Amazon, Apple, Netflix and Alphabet.\n\n“As I see it, the bears — once again — the bears [were] wrong,” the host said. “Sure, this is an ugly moment, but we’re about to cross the Jordan River after spending ages lost in the wilderness, and there’s a land of milk and honey on the other side.”\n\n» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision\n» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC\n» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic\n\nTurn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.\n\nThe News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast \n \nConnect with CNBC News Online\nGet the latest news: http://www.cnbc.com/\nFollow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC\nFollow CNBC News on Facebook: https://cnb.cx/LikeCNBC\nFollow CNBC News on Twitter: https://cnb.cx/FollowCNBC\nFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBC\n\nhttps://www.cnbc.com/select/best-credit-cards/ \n\n#CNBC\n#CNBCTV

Jim Kramer advised several dozen promising stocks

“Mad Money” host Jim Kramer of CNBC on Monday revealed the contents of a basket of stocks from a variety of industries and topics that he encourages investors to watch..

«I am not looking for assets that are hot to the limit. I need thematic promotions that can be purchased on the bottom. If the market starts to run wild, I want to be ready for it.», – he said. 

Kramer has compiled a list of over 70 companies. This was largely influenced by the recent events with the abnormal growth of GameStop assets. This week video game retailer shares have already lost more than 60%, while major indices showed a strong start on the first trading day of February.

Index Dow jones industrial average rose 229 points to close at 30,211.91 points with an increase of 0.76%. Index S&P 500 closed at 3,773.86, up 1.61% on Friday, and the Nasdaq Composite stopped at around 13,403.39, which is 2.55% more than in the last days of January.

Dow Blue Chip Index Down More Than 1% YTD. Nasdaq rose 4%.

«I’m sure on this rich list investors will be able to find interesting positions for themselves», – thinks the host.

Below are a few segments from Kramer’s portfolio.

Jim Kramer advised several dozen promising stocks

E-commerce:

– Amazon
– Walmart
– Target
– Shopify
– Microsoft
– Adobe
– Salesforce
– ServiceNow
– Facebook
– Alphabet
– Etsy

Digital:

– Snowflake
– Salesforce
– Adobe

Cybersecurity:

– CrowdStrike
– Palo alto networks
– Zscaler
– Okta

5G:

– Skyworks Solutions
– Apple
– Qualcomm
– Qorvo
– Crown Castle
– Marvell Technology
– T-mobile
– Broadcom
– Inseego
– NXP Semiconductors

Fintech:

– PayPal
– Square
– Affirm
– Intuit
– IPOE (SoFi)

Healthcare:

– Thermo Fisher Scientific
– Danaher
– Eli lilly
– Teladoc Health
– Abbott Laboratories

Electric vehicles:

– General motors
– MP Materials
– Quantumscape
– TPG Pace Beneficial Finance
– Luminar Technologies
– Ciig merger (Arrival)
– Northern Genesis Acquisition (Lion Electric)