Jim Cramer, the well-known host of CNBC’s “Mad Money,” recently shared his thoughts on 12 stocks that have been making headlines. As a retail investor, it’s important to pay attention to what experts like Cramer are saying about the market. So, let’s take a look at the stocks he’s been talking about and what it means for your portfolio.
First on the list is Apple (AAPL), a company that needs no introduction. Cramer believes that Apple’s recent dip in stock price is a buying opportunity, as the tech giant continues to dominate in the smartphone market. Next up is General Electric (GE), which saw a boost in its stock price thanks to a positive earnings report. Cramer advises caution with GE, as the company is still in the process of restructuring and its future remains uncertain.
Another stock making headlines is Snap Inc. (SNAP), the parent company of Snapchat. Despite facing competition from Instagram, Cramer sees potential for Snap to turn things around and suggests keeping an eye on the stock. The retail sector also caught Cramer’s attention, with Bed Bath & Beyond (BBBY) and Macy’s (M) both seeing a surge in stock price. However, Cramer warns against investing in these stocks, as he believes they are not strong enough to compete with the likes of Amazon.
In the technology industry, Cramer is bullish on Microsoft (MSFT) and Salesforce (CRM), both of which have been performing well in the market. Cramer also has high hopes for the cannabis industry, citing Canopy Growth (CGC) and Aurora Cannabis (ACB) as potential winners. However, he advises caution when investing in this sector, as it is still relatively new and volatile.
In conclusion, while Jim Cramer’s opinions are certainly influential, it’s important for retail investors to do their own research and make informed decisions. Keep an eye on these 12 stocks and consider how they fit into your investment strategy. As always, diversification and a long-term perspective are key to success in the market.