Jim Cramer compares his favorite stocks to his favorite players in annual fantasy draft

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

News News

Canada Canada Latest News,Canada Canada Headlines

As the football season kicks off, CNBC’s Jim Cramer drafted a fantasy portfolio, equating his favorite stocks with top players in the NFL.

As the football season kicks off with a game between the Baltimore Ravens and the Kansas City Chiefs, CNBC's Jim Cramer drafted a fantasy portfolio, equating his favorite stocks with top players in the National Football League.He also called Nvidia one of the market's wide receivers, likening the stock to the Miami Dolphins' Tyreek Hill."If you play fantasy football, you've probably already drafted, so good luck to your team," he said.

He also drafted a few wide receivers, which he said are akin to"turbocharged growth stocks" that, while volatile, can yield huge gains — like artificial intelligence darling. Cramer compared Nvidia to the Miami Dolphins' Tyreek Hill, saying the wide receiver and the stock are both known for their"blazing speed.

Cramer also compared defensive players to defensive stocks, saying investors and teams need a defense that has consistent quality. He pinpointed the Dallas Cowboys' defense as the best in the league, likening the team to consumer products company"With rate cuts on the horizon, it'll be a good year for high-yielding, high-yielding consumer staples plays, and Kimberly-Clark's among the best of the best, hence the Cowboys analogy," Cramer said.

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:

 /  🏆 270. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market WednesdayU.S. stock futures rose Wednesday as Wall Street looks to repeat the prior session's strong performance.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayU.S. stock futures were down Thursday as market volatility shows no signs of letting up.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayWatch Nvidia and Apple on Friday as Wall Street tries to extend its strong comeback rally in Thursday's session.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market MondayEli Lilly catches an upgrade after earnings. For the market overall, inflation data will be key this week.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayU.S. stocks rose early Tuesday after a key inflation report came in weaker than expected.
Source: CNBC - 🏆 12. / 72 Read more »