Jim Cramer Says Investors Should Look Beyond Apple, Meta And Other Magnificent 7 Stocks: 'You Might Be Missing Out On Some Huge Gains'
Portfolio Pulse from Benzinga Neuro
Jim Cramer, host of CNBC's 'Mad Money', advises investors to explore beyond the Magnificent Seven tech stocks (AAPL, MSFT, GOOGL, GOOG, AMZN, META, NVDA, TSLA) for high-yield investments. He highlights stocks like XPO, MPWR, WMS, and RGNX, which have recently seen significant gains. Cramer's comments reflect his belief in the stock market's potential for substantial returns despite the allure of risk-free CDs.
February 09, 2024 | 2:34 am
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NEUTRAL IMPACT
Apple Inc, part of the Magnificent Seven, may see investor interest diversify as Cramer highlights other high-yield opportunities.
While not directly suggesting a negative outlook for AAPL, Cramer's advice could lead to a broader investment approach among investors, potentially diluting focus on AAPL.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Monolithic Power Systems Inc, recognized for its AI involvement and strong quarter, may see heightened interest and potential price increase.
Cramer's highlighting of MPWR, especially after a strong quarter in AI, positions it favorably among investors, suggesting a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
XPO Inc, highlighted by Cramer for its recent gains, could attract increased investor interest and potentially see short-term price appreciation.
Cramer's mention of XPO Inc due to its performance post a competitor's bankruptcy and increased cargo per truck suggests a positive outlook, likely boosting investor interest.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90