원문 보기
My mission is simple: to help you make ii, I'm Kramer. Welcome to Mad Money. Welcome to Kramerika. Others want to make friends, and I'm just trying to make you money. My job is not only to entertain you, but also to educate you. So call me at 1-800-743-CNBC or tweet me at Cramer. Perhaps this market has changed mouthwash because its "breath" is getting better.
Over the past few weeks, more and more groups have moved from a " bear" to a " bull" market, and they still have room to grow. This is one of the main reasons why averages hold up , even when we are hit by waves of bad news. Look at today's situation : we opened extremely weak, then recovered, ultimately falling only 40 points, while the Nasdaq rose 0.06%, and actually added 0.32%—a very different picture than when I was on Squawk on the Street, where it was solid red .
Yes, stocks opened horribly, but then the strong " bull" markets I'm talking about—the ones hidden underneath— came to the surface, quickly took over, and we played off a good portion of the decline. Buy, buy, buy. This is something I pointed out on Squawk on the Street when I was talking to David. When a rally has leaders from many different groups, it is said to have good breadth, and the better the breadth of the market, the more attractive it becomes, and that is exactly what we are seeing now.
So, who are these leaders I'm talking about? Some of them are familiar to you because we talk about them all the time. Yes, the number one bull market is the cohort of remote work companies, which is actually a group of smaller bull markets. You have Zoom Video and RingCentral for video conferencing , but at the forefront of the work-from- home sector are cybersecurity stocks because companies need to beef up their defenses as they move everything to the cloud.
Analysts struggled with this topic for a long time , but began to give up. Today, Morgan Stanley capitulated on Cramer's favorites—Zscaler and Cloudflare. Palo Alto was the big winner. Okta is my family's favorite. And don't forget about CrowdStrike. Bull market number two— payments. It seems to me that every day someone comes along and raises the target price for PayPal or Square.
It makes sense in a world where no one wants to deal with cash, touch a keyboard, or even hold a pen, that you need contactless payments like PayPal or Apple Pay. Hey, owe money to a friend? PayPal will help you with Venmo . Bull market number three, e- commerce. Cramer's favorites—Shopify. Well, it has become a major helper for small businesses that want to go online.
If you have friends who run small businesses, ask them about Shopify. You will understand why I respect them so much. Now, Etsy from Brooklyn is a store for creative people who create things. Note to my kids: I love, I absolutely love it when you buy me cufflinks on Etsy for Father's Day. Wix and Adobe help you showcase your products online.
Twilio helps you stay connected with your customers. And of course, there's Amazon, which is not only a huge marketplace but also a great place to advertise. And the web services division continues to grow, even taking market share away from retailers . Amazon's natural competitors , analysts love these names and raise their price targets almost daily.
I mean , yeah, I saw someone raise the price on Amazon yesterday, I think, to 3,000 with something. This is Jackie Wilson time, it's going higher and higher. Bull market number four is cooking. Yes, and that's what I was talking about. If you thought people would stop eating at home once the lockdown ends, think again.
Besides, restaurants are barely open. Today, America's largest supermarket chain, Kroger, reported strong results and confirmed that home cooking is still in fashion. That's why I like McCormick, the spice and seasoning maker that reports next week. What else? Kroger CEO Rodney McMullen told me that kitchen supplies are flying off the shelves.
Well, that explains some of Williams-Sonoma's strength alongside West Elm. Logically. Dining out is still a risky proposition, and more importantly, social distancing rules mean they simply can't serve as many customers. They can only accept half of them. Bull market number five, car. The car is turning.
Can you believe this? The auto industry has been in decline since I started this show, or at least for the better part of a decade. This is changing now, especially in the used car market. Until we get a COVID vaccine, public transportation is unsafe, ridesharing is risky, and according to the CDC, even carpooling is banned.
So you need a car, preferably a cheap one, to get from one place to another. The clear winners are CarMax, which reports tomorrow morning, as well as Lithia Motors. Even before COVID, there was huge demand for used cars. Prices fell in March and April, but rebounded 9% last month. Please don't forget the love for Carvana and the recently public Vroom.
Carvana is so "cluttered" that it's scary. They don't understand this game. Two freaks—Spotify. Oh my god, over 200. This thing is just on fire. Back to my hometown of Brooklyn. How would you say it? Well, at least they... you know, they got people listening to things in the car , well, podcasts. They like it.
They like it. This is new, what they just got...this is what they paid a fortune for. Sirius XM, I use it in the car all the time. By the way, Sirius XM—consider it, really. This is a used car game. She's been stuck at six for a long time. Of course? And it's not a podcast, I know, and they don't have the sports broadcasts that people need, but if sports come back, it'll be great.
Bull market number six is steel , especially automotive steel. Nucor, the top steelmaker, told us that things were going very well with automotive steel. Something that Union Pacific CEO Lance Fritz confirmed to us last night. Fritz mentioned another bull market, number seven, which is plastics. How to play on this?
I asked Frank Mitch of Fermium Research, the best chemical industry analyst in the world. He told us that polyethylene manufacturers are seeing huge demand from abroad as well as for domestic packaging. June is looking better than May, and that goes for LyondellBasell, Cramer's favorite Dow and Westlake company.
No, not the author, but the chemical company. Polyvinyl chloride, think of PVC pipes, it also has good performance. Well, it's Westlake again. You should buy Westlake. Bull market number eight is housing, specifically the housing shortage. There's also a shortage of public housing-related companies that make sense here—Lowe's and Home Depot, of course.
I prefer Stanley Black&Decker, PPG, and Masco, not to mention Trex and the newly created AZEK, if you want to do exterior renovations. They are all doing well. Sherwin-Williams stands out in the paint industry. RH—it's a way to decorate, they have some really great stuff on their site right now. Ask my wife about RH.
It's obvious that housing developers are working. We just received a great quarterly report from Lennar. I still like Toll. But my favorite number nine, without live sports, people are desperate for entertainment at home and are ditching cable like there's no tomorrow . Simply put: stream content directly from the web through Roku.
We know that video games are at their peak right now , especially Activision Blizzard. And look at the new leader on the rise again—Take-Two Interactive. Once they hook you , it's hard to stop. Even these companies doubt the longevity of this trend, but what if the sport doesn't come back? Just today, Dr.
Anthony "The Wrecker" Fauci stated that we won't be able to have an NFL season unless everyone in the team lives in a "bubble" under a dome. I saw it, Stephen King. Well, that's not going to happen. Please come back , football. OK. Netflix is, of course, the big winner from this cable abandonment, and analysts are racing to raise their price targets every day.
Home entertainment also includes working out on your Peloton. Yes, it took Heather, one of our producers, 10 and a half weeks to get hers, but it finally happened and she took a bunch of photos today. Maybe she'll post them on her website. She is really funny. You should wear your Lululemon clothes when you're on Peloton, and don't forget to walk around in your Nikes.
They have a report next week. I think he will be great. Finally , bull market number 10. You'll have to take this one out of my cold dead hands, trust me. Let's call this a " bull" Clorox market. I have a stash of their salad dressing in my pantry ...They don't...They don't make salad dressing out of it, okay?
My water is filtered through Brita because I don't like those plastic bottles anymore. When we gather around the fire, like I showed you the other day, we play John... play John Dan...no, don't do that. Everything is burning coal, Kingsford is meant. And, of course, there are those coveted Clorox wipes and Clorox bleach .
My wife loves Scentiva. I don't know. To me, it all smells like bleach. Do you want to kill COVID? COVID is a strong fighter. But this is stronger. And that's why I like it. I don't care how high this stock goes. If management announces a major expansion overseas, you will see much greater growth potential.
This will push it to 250 . Plus, you know what? I like these safety initiatives, unlike companies like United Air or AMC, which we'll talk to later in the program about important news, okay? Just don't brush your teeth with it. Minus one honorable mention. You could say we have a "bull" trading market, but I don't want to celebrate it because I do n't like what I see: too much unfounded speculation.
A bunch of stocks skyrocketed in price today. I am dissatisfied with this. Not enough long-term investments. No preparation. I'm a big fan of thoughtful speculation. Speculation when you have done your research. This is not what we see now. We see dollar stocks skyrocketing to 25. We see crimes against decent everyday people, and the Securities and Exchange Commission needs to step in.
Here is the main conclusion. The 10 “bull” markets I just mentioned will continue to operate during the American opening. But unbridled speculation is an accident about to happen. Well, SEC. Help us. . Missed something? Go to madmoney.cnbc.com .
Comments 0