In comparison, the Cramer Covid-19 Broad Index rallied 1.7% to 129 during the trading day. The $11 trillion index has gained 5.8% since its April 27 inception, Cramer noted.
"Remember, there's nothing irrational about these rallies," Cramer said. "The stay-at-home names are simply the right stocks for this difficult moment." Below are his remarks on the top performers since the inception of the "Cramer Covid-19 Broad Index.""The best performer is one of the most ... hated stocks in the entire market," Cramer said, flagging that "9% of the float [is] sold short, but this maker of connected exercise machines is a perfect fit for the stay-at-home economy.""[T]he whole world's relying on Moderna to give us a COVID vaccine before the end of the year," he said.
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Source: CNBC - 🏆 12. / 72 Read more »