5 Things Jim Cramer Won't Spend Money On
Portfolio Pulse from Chris Katje
Jim Cramer, known for his stock recommendations, shared five things he refuses to spend money on. These include expensive sports tickets, alcohol at restaurants, tobacco stocks like Altria Group (NYSE:MO) and Phillip Morris International (NYSE:PM), expensive hotels, and name brand products. He recommends generic brands from stores like Kroger (NYSE:KR) and Costco Wholesale Corporation (NASDAQ:COST).
August 29, 2023 | 2:53 pm
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NEGATIVE IMPACT
Jim Cramer no longer recommends tobacco stocks like Altria Group.
Jim Cramer's negative stance on tobacco stocks like Altria Group could influence investors to sell, potentially leading to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer no longer recommends tobacco stocks like Phillip Morris International.
Jim Cramer's negative stance on tobacco stocks like Phillip Morris International could influence investors to sell, potentially leading to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer recommends generic brands from stores like Costco Wholesale Corporation.
Jim Cramer's positive stance on generic brands from stores like Costco Wholesale Corporation could influence investors to buy, potentially leading to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer recommends generic brands from stores like Kroger.
Jim Cramer's positive stance on generic brands from stores like Kroger could influence investors to buy, potentially leading to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80