Jim Cramer Says These 'Magnificent Seven' Stocks Are Winners: 'You Don't Want To Be Their Competitor'
Portfolio Pulse from Bhavik Nair
Jim Cramer recommends sticking with the 'Magnificent Seven' winning stocks, which include Apple, Microsoft, NVIDIA, Amazon, Meta Platforms, Tesla, and Alphabet. These companies have shown significant growth this year, with some stocks more than doubling in value.
June 02, 2023 | 9:21 am
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Jim Cramer praises Apple's high customer satisfaction rate and recommends sticking with the stock.
Cramer's recommendation is based on Apple's consistently high customer satisfaction rate, which indicates a strong brand and loyal customer base. This can lead to continued growth and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer recommends sticking with Amazon stock as part of the 'Magnificent Seven' winning stocks.
Cramer's recommendation to stick with Amazon stock is based on the company's inclusion in the 'Magnificent Seven' winning stocks. This indicates that the company is expected to continue its growth and have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer praises Alphabet and recommends sticking with the stock as part of the 'Magnificent Seven' winning stocks.
Cramer's recommendation to stick with Alphabet stock is based on the company's inclusion in the 'Magnificent Seven' winning stocks. This indicates that the company is expected to continue its growth and have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer praises Alphabet and recommends sticking with the stock as part of the 'Magnificent Seven' winning stocks.
Cramer's recommendation to stick with Alphabet stock is based on the company's inclusion in the 'Magnificent Seven' winning stocks. This indicates that the company is expected to continue its growth and have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer says Meta Platforms was right about artificial intelligence and recommends sticking with the stock.
Cramer's recommendation is based on Meta Platforms' foresight in artificial intelligence, which indicates the company's innovative approach and potential for continued growth. This can lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer highlights Microsoft's success in the tech industry and its $10 billion bet on ChatGPT.
Cramer's recommendation is based on Microsoft's ability to thrive in the tech industry and its strategic investment in ChatGPT. This indicates the company's forward-thinking approach and potential for continued growth, positively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer praises NVIDIA for securing a large supply of essential graphics cards, lifting its quarterly guidance by $4 billion.
Cramer's recommendation is based on NVIDIA's ability to secure a large supply of essential graphics cards, which has led to an increase in its quarterly guidance. This demonstrates the company's strong position in the market and potential for continued growth, positively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer praises Tesla for its high profits in the U.S., Europe, and China, and recommends sticking with the stock.
Cramer's recommendation is based on Tesla's high profits in multiple regions, which indicates the company's strong market presence and potential for continued growth. This can lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100