Why Jim Cramer Added Roku to 'Shelter-In-Place' Portfolio
Need a shelter-in-place portfolio?
On Mad Money Wednesday night, Cramer broke down a "shelter-in-place" portfolio.
"Stick with the best and forget the rest, Jim Cramer told his Mad Money viewers Wednesday. In today's economy, where so many sectors aren't working, it no longer makes sense to own an index fund that includes the good and the bad. We know which sectors aren't working, like oil and gas, travel and retail. And we which stocks are working, which is why Cramer created a new "shelter-in-place" portfolio," wrote Scott Rutt in his Mad Money recap.
The first thing you need when you shelter in place is entertainment, noted Cramer, which is why stocks like Netflix (NFLX) - Get Report, Roku (ROKU) - Get Report, Activision Blizzard (ATVI) - Get Report, and graphics chip makers like Nvidia (NVDA) - Get Report and Advanced Micro Devices (AMD) - Get Report all work.
Watch the video above for more on why Roku was in this portfolio.
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