Global Courant
After Wednesday, the S&P 500 suddenly jumped, CNBC’s Jim Cramer looked back at 10 stocks that performed well even as the index bottomed out last October.
“I think today’s advance from the abyss last year all the way to nearly 4,300 is actually a really important milestone that you and I need to explore,” Cramer said.
“We had a big bottom last October and we’ve had a huge up since then – just a giant reversal and we need to discuss how it happened, how we got to 4,300 last time, how we almost got there this time and figure if we can seeing what went wrong and what could go right,” he said.
“We need to know which stocks can make us the most money if we get a real trendline bend.”
Cramer presented 10 stocks that performed well during that down period for the S&P 500. He pointed to insurance company Arch Capital GroupFacebook parent metacasino chains Wynn Resorts And Las Vegas sandcredit score platform Honest Isaachouses builder PulteGroupemanufacturer of solar panels First solar energy, Netflixsoftware giant Nvidia and cruise giant Royal Caribbean.
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Clarification: In an earlier draft, only 9 companies were mentioned out of the 10 Cramer mentioned.
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Disclaimer The CNBC Investing Club Charitable Trust holds shares of Nvidia, Meta and Wynn Resorts.
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