Jim Cramer Says He’s “Still Feeling Good” About These 5 Stocks

Jim Cramer Says He’s “Still Feeling Good” About These 5 Stocks

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celebrities market commentator Jim Cramer has recommended five stocks from the Nasdaq index that he believes could make decent additions to investors’ portfolios.

“In an index that’s been folded, spindled and mangled, I still feel good about some of these stocks,” Cramer said according to to a CNBC report.

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The Nasdaq Composite has lost over 31% over the past year. Despite the fact that the index is full of tech stocks that took a hit last year, it still includes names that could do well even in a recessionary environment, Cramer said.

Below are his five tips:

1. T Mobile Us Inc TMUS: The market expert expects that the company will continue to gain market share from its competitors.

2. Regeneron Pharmaceuticals Inc REG: Cramer believes Regeneron has a broad pipeline of ridiculously cheap stocks. “I think it’s a really, really excellent situation, especially when you’re expecting a severe recession,” he said, according to the report.

3. PepsiCo, Inc. PEP: Cramer pointed out that PepsiCo rivals Procter & Gamble co PG However, regarding the best consumer goods company in the US, he acknowledged that the stock’s valuation is a bit higher than he would like.

4. American Electric Power Company Inc AEP: The market analyst said he likes the stock because the company is well run and utility stocks tend to do well in times of economic slowdown.

5. Dollar Tree Inc DLTR: While Cramer likes the stock compared to other retailers included in the index, the expert says he still prefers it TJX Companies Inc TJX.

Continue reading: Cathie Wood cuts stake in Silvergate as shares plunge 43% – loads $5.7M into another Bitcoin-linked stock

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