Cramer recommends buying these 17 cloud stocks based on the 'Rule of 40'

CNBC's Jim Cramer recommended more than a dozen cloud stocks that investors can play in a recessionary environment.on Friday revealed a basket of cloud stocks that he recommends investors can play in this uncertain market environment." host insisted that investors expose their portfolios to software-as-a-service plays that can work in recessionary times using a "quick and dirty" trick called the Rule of 40.

"You add the company's revenue growth rate to its earnings before interest, taxes, depreciation and amortization margin," he said. "If the combination's over 40, you've got a good one. If it's under 40, you've got a riskier one."

That list if it's not all, it covered most of the player in the field.

Cnbc is a joke...which is it? Buy or sell...or just sell advertising

He’s best days are long gone. He’s a joke

I love it

17 stocks that make no money and we have no growth whatsoever and that was before the CoronaVirus. Brilliant!!!! We should of bought Tilray at 140 also, right? LOL

Buying 17 cloud stocks - 17 companies in the same industry segment - smacks of telling people to each create an identical ETF and try to manage it themselves. Such a foolish recommendation!

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