Homepage / Technology / Cramer checks the rally's merit by inspecting the Dow's top 10 stocks
Mostbet App A Convenient And Reliable Way To Place Bets Masjid Al-Huda Mranggen Demak Lemon Casino recenzja nowego polskiego kasyna Atrakcyjne bonusy i wysoki RTP! MostBet Bangladesh BD ᐉ Official Site Most Bet Casino and Sport Betting Lil Nas X calls out the BET Awards in his new single He has a point : NPR Most readily useful Adult Internet Dating Sites | FreeHookupsSites Unlocking the secrets of craigslist m4m green bay dating Just what comes in 66 sizes and vegan latex? Brand new generation of condoms | Sex | 8 Brands & Generics Human Growth Hormone HGH Injections Find local black hookups near you what’s ssbbw chat? About Japanese Dating society and also the west Guy who would like to Date a Japanese woman – MeetKing Blog 9 Guidelines On How To Hook-up On College Gameday (At Any College) Leading Live Casino Games Provider Leading Live Casino Games Provider Pin Up Slotlarýyla Eðlence ve Para Kazanma Bir Arada The core concept of digital entertainment hub AbeBet: signature points and groups Live-сессии с дилерами в онлайн-казино azino777 How Online Gambling Enterprises Operate Around the World Meet compatible single mothers and exchange ideas official site Play airplane online Ritalin: Jak legálně zakoupit bez receptu v České republice Connect with suitable asian singles in your area How-to Date A Pornstar While Making It Operate (The Ultimate Guide) Buy Bitcoin with Credit Card or Debit Card Instantly Buy Bitcoin How to buy BTC Finding trans girls near you – the simplest way to hookup Connect with like-minded singles on a mennonite dating website Assortment of in-demand games respected casino platform abe bet casino in cyberspace Connect with girls from round the world Alexander Gambling establishment: Dйcouvrez une Nouvelle Expйrience de Jeu en Ligne Le meilleur Extra casino en ligne pour jouer BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING The simplest way to get a local hookup what’s millionairess dating? Get prepared to connect to latinas whom share your interests Estonian Chat place – an ideal Place for Dating Estonian Singles Join our bisexual chat room now and commence connecting Discover the advantages of dating a mature mom latina How to discover the best bbw hookup app for you Title: Juega en 1Win Casino Argentina Bonos y Apuestas 5 Best BBW Lesbian Dating Apps/Sites In 2022 Online Gambling Review submissions dia govt.nz Разыгрываемые джекпоты в виртуальном клубе Вулкан казино 30 Of The Greatest Adult Sex Toys For Males | Men’s Room Health Mag Australian Continent Cazino 7 slots cyberspace: conditions and rules for betting with real cash 1Win: ¡el mejor lugar de casino y apuestas deportivas de Argentina! Aufcasino ????Mature Dating Evaluation 2023 – Whatever You Need To Know About It! ???? Take the first step towards fulfilling your ebony lesbian bbw match now Ideas on how to come-out: Tips to keep in mind > Taimi Meet your perfect match – granny hookup site Türkiye-Çin İşbirliği Derinleşiyor GuGi Mobil Yükleme Seçenekleri Hizmet İçi Eğitim Sona Erdi Dooball tv ดูบอล ออนไลน์ สด 66 ลิงค์ บนมือถือ ฟรี ภาพชัด HD ทั่วโลก Find your rich cougar date in the most useful dating site Find your dream fat girl hookup today Slot Thailand Daftar Link Situs Slot Gacor Maxwin x500 Terbaru Hari Ini Resmi Auto Jackpot! Konsultasi ke Dewan Pers, Komisi I DPRD Jambi Pertanyakan Indeks Kemerdekaan Pers Jambi yang Turun Akses News Cerita Korban Judol di Balikpapan yang Nekat Gelapkan Uang How to get local horney women in your area 3 Cara Hapus Akun Judi Online Slot : Okezone Economy SITUS TOTO > Sering Kalah Main Di Situs Slot Gacor Terbaru Mudah Maxwin Situs Slot Gacor Maxwin Main Tanpa Pola Modal 5ribu Terbaik Melhores cassinos online de Novembro 2024: Confira o top 10! Enjoy amazing gay sex experiences using the top sites on the web Make the absolute most of one’s big butt dating adventure here 9 circumstances this means when a person avoids eye contact with a lady – Hack Spirit Top Greatest M4M Personals Sites in 2022 ◉ BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Лотерейные розыгрыши в kasino on-line Лев казино: условия осуществления и доступа Main features of playing in machines at online-club Karavan Connect with like-minded females making new friends Comment accéder à des jeux gratuits avec Space fortuna bonus ? PUCUK4D⭐ Bandar Toto Togel Online & Situs Toto 4d Terpercaya #1 Betting site Karavan bet Gates of Olympus internet-based: benefits of playing for real money Discover an environment of opportunities with lesbian and bisexual dating Aprovecha Los Códigos Promocionales De Bbrbet ¡más Bonos, Más Juegos 1xbet Giriş Yeni Adresi 2024 ⭐️ 1xbahis Güncel Adres » 1x Guess Mobil Casino How to get started with sext room BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING La Application De Bbrbet: Juegos Y Apuestas Approach Alcance De Tu Man Start your love story now – join our talk to gay strangers source today BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Find regional bbw hookups inside area BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Discover the most effective Mastercard Online Casinos Online for a Seamless Pc Gaming Experience Lupin Pills: A Comprehensive Guide to Uses, Advantage, and also Side Effects

Technology

Cramer checks the rally's merit by inspecting the Dow's top 10 stocks

When President Donald Trump tweeted that “business is looking better than ever,” adding that “that just doesn’t happen,” Jim Cramer took the leader of the free world up on his claim.

“It’s worth pondering the question: Is the president right?” the “Mad Money” host said. “The short answer: Yes. At least about the market, he’s right. I say that because I’ve always been of the exact same mindset as the president: it doesn’t just happen. It takes a very special set of circumstances to have a market be this strong.”

But Cramer values skepticism and acknowledged that stocks are trading at historically pricey levels, giving more bearish investors cause to worry about overvaluation.

To clear the air, the “Mad Money” host decided to look at the Dow Jones Industrial Average’s 10 top-performing stocks in 2017 to see if their valuations are justified or overblown.

Up 52 percent year-to-date, the stock of aircraft giant Boeing has rallied on a strong order book and growth in airline traffic, which has increased demand from many of Boeing’s customers.

“The airlines have never been this flush. They’re lining up for planes. Airline traffic is in secular growth mode because of the great middle-class-ification occurring all over the globe. In short, [the move is] merited,” Cramer said.

If Apple were just a mobile phone company, Cramer would balk at its 35 percent run in 2017. But given the fact that the tech giant is, at its core, a consumer products company, Cramer said its valuation is actually still too cheap.

“Apple trades at 14 times earnings versus Clorox. Now, is that ridiculous? Even though its products are every bit as beloved as bleach?” Cramer said, comparing it to Clorox’s 23-times-earnings valuation. “Not only does Apple’s move up make sense, doesn’t it seem like it should be much higher?”

With several tailwinds at its back including accelerating growth and the global paper-to-plastic payment shift, Visa’s stock has enjoyed a 29 percent run since the start of the year.

The only potential threat to Visa is that the company hopes to take China by storm, and if Trump puts sanctions on China, Chinese officials could retaliate against U.S. companies like Visa.

“That would knock a great growth component from what I’m looking for and the stock would go lower. But at that point, you know what you’d be getting? Yes, a buying opportunity,” the “Mad Money” host said.

Having rallied 28 percent year-to-date, McDonald’s 6 percent worldwide growth is impressive for a company as old as established as the popular fast food chain, Cramer said.

“However, with a weaker dollar that translates to higher earnings, new technology that’s improving the experience and the simplified menu … the darned turn is just getting stronger,” he said. “It deserves the run.”

Up 22 percent for 2017, the construction giant has undergone a restructuring of late, laying off employees to right-size the organization and make it profitable again.

“With only a little bit of pick-up in revenues, [Caterpillar] can make a ton of money at the bottom line, and it did so this past quarter. Yet its sales are nowhere near back to where they were before the Great Recession,” Cramer said. “If that ever happens, this stock could easily vault 50 percent, maybe even more. You want CAT to come down, and come down now.”

Cramer said UnitedHealth‘s stock has rallied over 20 percent year to date thanks in large part to Congress’ inability to pass health care, making it the Dow’s token “Trump stock,” in Cramer’s eyes.

“If you believe Obamacare’s collapsing like the president, then you’ve got to own this stock,” the “Mad Money” host said. “I, along with just about everyone else I know, want to buy this stock cheaper than it is. Forget about it.”

Riding the wave of a clothing retail comeback, Nike’s stock has seen a 19 percent run so far in 2017, and after a strong quarterly report, Cramer thinks this is just the beginning of its rally.

Wal-Mart’s 17 percent gain makes sense to Cramer, who sees the low-cost retail giant as one of Amazon’s few worthy opponents.

“That’s why its stock’s been among the best performers in the market. The company, under CEO Doug McMillon, has made so many improvements and it’s going to leverage its huge store base to try to defeat Amazon,” Cramer said. “If I’m right, there’s no way this stock will stay this low.”

After reporting a strong quarter with accelerating growth in the cloud and cash generation galore, Microsoft’s stock should have run more than 16 percent for the year, Cramer said.

“Frankly, that’s just not enough after that remarkable quarter,” the “Mad Money” host said. “How is it possible that Microsoft’s stock hasn’t moved up more? That is the real question.”

American Express’ stock is the only one in the top 10 that Cramer hesitated to defend after a moderate, not great, quarter. But having seen the stock run as it has after similar earnings reports, he gave the credit card giant a pass.

“So let me give you the bottom line: on a case by case basis, which is what we do in Cramerica, I think the president’s right — this market’s doing amazing things. Whatever else you might think of Trump, his assessment of this market is accurate, and if you disagree, what can I say? You know nothing!” Cramer said. “I’ll just put it this way. It’s not hard to imagine these stocks going higher. It’s also relatively easy to argue that almost every single one of them is worth owning right here, and certainly on any dip. What more could you ask for?”

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

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 TwitterFacebookInstagramVine

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

Source: Tech CNBC
Cramer checks the rally's merit by inspecting the Dow's top 10 stocks

Comments are closed.