Published on 22 Dec 2023 on Insider Monkey via Yahoo Finance
In this article, we discuss the 12 recent additions to the Jim Cramer stock portfolio. If you want to read about some more Cramer stocks, go directly to Jim Cramer Stock Portfolio: 5 Recent Additions.
Jim Cramer, the host of Mad Money on CNBC, is one of the most well-known finance personalities on television. He has gained an ardent fan following over the past few decades through his stock recommendations to viewers. Recently, the journalist investor has been outlining his thoughts on recession fears, the rise of artificial intelligence, and the policies of the US government on mergers and acquisitions. Cramer is a former hedge fund manager who returned more than 20% to investors annually for more than ten years.
On December 13, Cramer lauded the decision of the central bank to keep interest rates steady for the next few months, describing it as a win for the bulls at the stock market. Cramer was of the view that the Fed had already achieved a soft landing for the US economy, predicting that many sectors would soar as the pace of growth picked up once again. Cramer stressed that even though interest rates might start coming down, investors could still make money from cyclical sectors with the right strategy.