"From this stock market's perspective, everything that happened this weekend means the stay-at-home economy will last longer than we thought," he said. "Right or wrong, thoughtless or cerebral, it's worth exploiting."MORGAN STANLEY: The market's hottest stocks are in danger of being disrupted to a degree not seen since the Great Recession. Here's how to adjust your portfolio for the coming shift.
However, Cramer cautioned that investing in stay-at-home winners isn't guaranteed money. "Buyers are oblivious to the risk of purchasing stocks that have run and run and then run some more," he said. For example, Zoom stock has roughly tripled since the start of this year, driving up the video-conferencing group's market capitalization to about $58 billion — more than 90 times its $622 million in revenue last financial year, and more than 2,600 times its $22 million in net income.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Never cared.
Since 80%-plus of all the money in the market is held by the wealthiest 10% of Americans, I'd say Cramer is stating the obvious.
Because social unjustice is no extra free money. So why should they care?
but apparently, the mkt doesn't care about PRICE DISCOVERY. WHAT BULLSHIT, WHAT FRAUD.
Keep printing that money suckers
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
YouTube at 15: The inside story of YouTube's history - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $THETA You left out the part how YouTube helped amplify white supremacists, flat earthers, anti-vaxxers, and other dangerous nutjobs, all for money to the detriment of society. 15 years to build one of the most detestable piles of shit ever unleashed on society
Source: BusinessInsider - 🏆 729. / 51 Read more »
Jim Cramer on Wall Street's relation to George Floyd protests: 'The market has no conscience'The 'Mad Money' host worries how the nationwide protests, which he generally supports, could impact the fight against coronavirus. Jim Cramer needs to study history. And trump just declared war on America! BlackLivesMatter Live footage from CNBC
Source: CNBC - 🏆 12. / 72 Read more »
Stock market's hottest trade most volatile since 2008, how to invest - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market crash: Albert Edwards warns recession to hit big tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bears are fake news. Reminder that bears eat trash.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cramer says the stock market's move is 'about the reopening' and protests could delay itJim Cramer said on 'Squawk on the Street' that Wall Street will be focused on a crucial week for U.S. businesses even as protests have led to curfews and store closures. Cramer bought into the garbage he saw on TV... again Congo health ministry confirms at least 4 new ebola Deaths in city It’s about the fed
Source: CNBC - 🏆 12. / 72 Read more »