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Re: 3xBuBu post# 72799

Friday, 06/12/2020 9:33:06 PM

Friday, June 12, 2020 9:33:06 PM

Post# of 72979
Cramer noted Nvidia, AMD, Broadcom, Paypal, Nike, Apple and Facebook as good stocks to invest in.

https://markets.businessinsider.com/news/stocks/stock-market-warren-buffett-airlines-bruising-jim-cramer-2020-6-1029303528

Jim Cramer shakes up his Cramer Covid-19 Index

https://www.cnbc.com/2020/05/26/cramer-shakes-up-his-covid-19-index-wall-street-is-more-confident.html

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Departing

Cramer dropped the following 10 stocks from the index, which span health care, real estate investment trust, exotics (miscellaneous), consumer packaged goods and home entertainment-oriented companies.

Becton Dickinson, -13% from April 24
Digital Realty, -7.79%
Freshpet, -6.73%
Inovio Pharmaceuticals, -0.89%
Inseego, -14.03%
Kimberly-Clark, -4%
NextEra Energy, -2.25%
Owens & Minor, 0.55%
Roku, -13.81%
Snap, 8.81%

“I am dropping 10 of the worst performers, replacing them with stocks that are better suited to this moment and more relevant,” Cramer said, adding that “some of these [former picks] are duplicative” of other stocks in the index.
Newcomers

DataDog, 69.82% from April 24
Splunk, 40.83%
Twilio, 78.63%
Etsy, 11.92%
Wix.com, 56.12%
Chegg, 57.33%
Target, 6.77%
S&P Global, 10%
Palo Alto Networks, 19.5%
Emergent BioSolutions, 14.61%

“With those 10 changes, I’m feeling pretty better about the Cramer Covid-19 Index,” Cramer said. “But — and this is a very big but — if the reopening goes smoothly and the economy comes roaring back, we’re going to need to abandon this whole index and swap into a totally different cohort of recovery stocks.”

“I don’t think we’re there yet, although I’m working on a separate recovery index so that we’ll be ready when it happens,” he said.


My post is for Your Eyes only and my entertainment

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