Cramer: We’re in a ‘wacko market’ when stay-at-home stocks with few sales actually make sense

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

The 'Mad Money' host cited cloud company Snowflake and Zoom as 'dominate American companies' capitalizing online during the coronavirus pandemic.

at about 100 times sales as worth owning, advising people to buy and invest in stocks assuming that the coronavirus pandemic is not going away anytime soon.

"Zoom is doing triple what it was doing like three months ago. And I know it's 50 times sales. But at the same time, I want growth not from cutting and hopefully having more oil per rig. But I want growth that is pure and dominate," he said, contrasting Zoom's video conferencing business that's in a sweet spot in the current work-from-home environment to the rough ride in the oil industry as people aren't driving as much.

"Do I really want to be in a world where I think Covid is going to end and we're going to start driving like mad and oil is going to go up? I'm not buying it. I'm not buying that better-than-ever world," Cramer said on

 

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

Give your statement at mental hospital

$KO raised the retail price on 12-pack cans to $4.33. It costs them $1.20 to make and distribute. In my local market the shelves are still full of them and the generic sodas are sold out. I'll get a photo today and post it tomorrow.

Are you starting to be discombodulated? Uncomfortable about your financial future? FFS! Eat the rich Cuz they are eating the poor. I bet we could feed several children on your thigh fat.

Yeah pay top dollar for a stock that sells a $5000 exercise bike with an ipad on it.

Until everything crashes and youcomebegging for a bailout

They don’t make sense. It just Russian roulette about who is holding stock when the bullet turns up.

If Biden wins, this is the new normal. Outside is cancelled.

'wacko market' Cramer with the highly technical, in depth analysis Clear why he makes the big bucks

cramer pump means goldman unloading the stay-at-home stonks

interesting

youar e a big clown , End game , Jp morgan citi goldman want more indices

No actually they DON'T make sense

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

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

Stock market crash: 3 'nonsensical narratives' making equities dangerous - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good It WILL be an epic crash, not IF, just WHEN! WileGenius
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market analysis: 5 forces that will shape US demand in 2021, GS says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good Economic recovery will be built on educated upskilled workforce We know from experience, economic downturns lead to upturns in demand for education. An undisclosed amount of government funding will be invested in Micro-credentials. Future of Education 👩‍💻❤👩‍🎓 Marketplace for online microcredentials OpenLearning to solve a skills shortage
Source: BusinessInsider - 🏆 729. / 51 Read more »