Jim Cramer is a person who gives advice on how to invest money in stocks and other things. He says that sometimes the usual way of thinking about what stocks will do well or not doesn't work, so we need to find new ways to make good choices. He points out some examples of companies that did well even when people thought they might not, like builders of houses and a big airplane company. He also talks about seven very important companies that are doing great in the stock market: Apple, Amazon, Alphabet, Microsoft, Meta, NVIDIA, and Tesla. Read from source...
- Cramer recommends capitalizing on market anomalies for profitable investments, but he himself contradicts this idea by suggesting to stick with the "Magnificent Seven" - a very popular and crowded playbook. He does not show any evidence of finding new or unconventional opportunities in the market.
- Cramer uses examples of homebuilders like Lennar Corp, Toll Brothers Inc, PulteGroup Inc, which have performed well despite the Fed's rate hikes, but he fails to acknowledge that this is a short-term phenomenon driven by low interest rates and housing demand. He does not explain how these stocks will fare when interest rates rise or housing supply increases.
- Cramer cites Boeing Co as an example of a company that has recovered from its 737 Max 9 incident, but he ignores the fact that this recovery is mainly due to the lack of alternatives in the aircraft market and not because of Boeing's fundamentals or innovation. He also does not address the potential legal and reputational risks that Boeing still faces.
- Cramer claims that the market has continued to perform well despite expectations of sell-offs, but he does not provide any data or analysis to support this claim. He only mentions the "Magnificent Seven" as the leading indicators of the market, which is a very narrow and selective view that ignores other sectors and factors that may affect the market dynamics.
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