Companies besides tech can reach megacap status, Jim Cramer says

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

News News

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

CNBC’s Jim Cramer discusses how pharmaceutical giant Eli Lilly is successful, like Big Tech, through innovation.

Cramer highlighted pharmaceutical giant Eli Lilly as one example of a company from another sector that is also successful through innovation.

"Rather than bemoaning the limited breadth of the market, maybe we should be asking why other companies aren't joining the club," he said.on Monday suggested that it's not just Big Tech that has the capacity to lead the market. Instead, he said, companies from other sectors need to be more innovative."Rather than bemoaning the limited breadth of the market, maybe we should be asking why other companies aren't joining the club," Cramer said.

 

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

 /  🏆 319. 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.

Jim Cramer's top 10 things to watch in the stock market MondayWall Street was little changed heading into Monday's open after U.S. stocks increased for the week, led by the Nasdaq.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street was under some pressure ahead of the open after the S&P 500 and the Nasdaq started the new week with more records.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayStocks jumped after the May consumer price index came in cooler than Wall Street expected.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street was largely higher Thursday after another cooler inflation report.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayThe S&P 500 and Nasdaq are taking a breather Friday. But Adobe is surging after a tour-de-force quarter.
Source: CNBC - 🏆 12. / 72 Read more »