Everything Jim Cramer said about the stock market on ‘Mad Money,’ including overlooked stocks, 2019 IPO buys

Business

CNBC’s Jim Cramer reveals how retail investors can discover valuable stocks before others catch wind and drive up the stock price. The “Mad Money” host breaks down what stocks from the 2019 IPO class are worth buying.

Spotting overlooked stocks

Hero Images | Hero Images | Getty Images

At-home investors may be wondering how to find overlooked companies in which to buy shares at a time when a historic bull market enters another decade and concerns about valuations are present.

The way to start, according to CNBC’s , is a process called a “read-through.”

“So much of successful investing is about read-throughs, dissecting the less obvious pin action when a company reports earnings,” the “Mad Money” host said.

To illustrate the process, Cramer took a look at two of the best read-throughs of Thursday’s session.

Flipping the switch on IPO stocks

Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72.

Mario Tama / Getty Images

Cramer said he has turned positive on a handful of the 2019 IPO class stocks. He endorsed them for declining to more enticing prices.

“This year’s IPO market has been a real roller coaster, but now that the dust has settled and many of these newly minted stocks have come down, I’ve got to tell you: I like ,” he said, “, and right here, right now.”

Cramer’s lightning round

In Cramer’s lightning round, the “Mad Money” host gives viewers his thoughts about their stock picks at rapid speed.

: “I think it’s still cheap. It’s had a nice run, but I still like it very much and I think it should be bought right here.”

: “I’ve liked it since it came public. I think it’s terrific.”

: “The stock is a rocket ship and it’s terrific. It’s at $88, it’s still got a 5% yield, it goes higher.”

Disclosure: Cramer’s charitable trust owns shares of Abbvie.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagram

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

Articles You May Like

Ex-Spousal Benefits: What ‘Independently Entitled’ Means
Trump Tax Cuts And 11 Other Reasons To Skip A Roth Conversion
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Your Life Can’t Wait! Learn To Decumulate.
‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis

Leave a Reply

Your email address will not be published. Required fields are marked *