"Normally when we go into a recession, Polaris gets crushed because ATVs and snowmobiles are the ultimate in discretionary spending," Cramer said. "This time, though, Polaris delivered much better than expected numbers, and even Scott admitted to me that he hadn't seen it coming. Turns out that riding an ATV is the ultimate pandemic pastime.
"We had CEO Ynon Kreiz on [the show] last night and he talked about skyrocketing Barbie sales. Big, big numbers. But what I found most interesting," Cramer said, "is that Uno is now the No. 1, biggest board game in the country," even though it's actually a card game."Shares of the online furniture company are up 151% this year. The stock closed Tuesday at $227.
"I've had my doubts about this online furniture retailer for ages, and the company was on the ropes going into the pandemic, but it's now making a fortune," the host said. "People need to set up their home offices. Nobody wants to go to a furniture store when they can order off the web."Shares of the motorhomes and campers manufacturer are up 56% year to date, closing Tuesday at $115.90.
"There are so many rich people who want socially distanced vacations and that means buying or renting expensive RVs, which is why Thor's stock is flying," Cramer said."Traders thought it would blow up during a recession," he said. "Turns out, it did blow up, from $3 to $36, because people love camping in the age of Covid.""In a pandemic, gardening is like going to Disneyworld or even Paris.
"Gardening newbies don't want to come up with anemic zucchinis or tomato plants that taste worse than what you'd find at a convenience store," Carmer said. "So they pour on the Scott's Miracle-Gro when no one's looking for a can't miss garden.""Boating's a terrific time suck, and it has the added advantage of being a lot of fun," the host said.
You forgot about SITE
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »