The coronavirus outbreak and associated lockdowns have drastically redirected or wiped out consumer demand, and economic activity has nearly evaporated, creating an uncertain future for many businesses.
" host said. "These stocks are this market's Achilles heel, and whenever they bounce, you've got to sell them and swap into the winners, like the tech and health-care companies that are helping us overcome the pandemic."Millions of people are now working, studying and doing most other things from home. Additionally, tens of millions more have lost their jobs in the past four weeks. As more time is spent at home, less is spent on the road.
"If we're no longer commuting to work, that means we use a lot less gasoline," Cramer said. "That whole group's untouchable, and those big dividends [are] not safe."Whenever the federal government decides to lift travel restrictions, the airline industry may find a slump in business travel demand, Cramer said. Remote work tools, such as
Cramer advice? Fool me once, shame on you. Fool me twice, shame on me. Don’t be a fool.
Gotta be read carefully
I’m from Australia, and I’ve just started watching Jim-has he got a clue? Is he rich or poor-that normally is a clue?!
You sell...I’ll buy
I agree but I bought $COP and $EOG at such a good price, I couldn’t resist. I’ll probably hold them for quite a while.
I agree, but once the pandemic is gone, I expect the cosumers to rush to get back what they've missed. Vacuum will be filled up quickly.
Wow!
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