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Jim Cramer on 5 New Cult Stock Index Stocks

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If you've been watching TheStreet Live With Jim Cramer and Katherine Ross, then you know that we're creating our own index -- one of cult stocks. 

Now, cult stocks get a bad reputation. The stocks picked for the index are not necessarily bad stocks. 

And, a lot of these stocks are quite popular over on apps such as Robinhood. 

Last week, we added Tesla  (TSLA) - Get Tesla Inc Report, Beyond Meat  (BYND) - Get Beyond Meat, Inc. Report, Virgin Galactic  (SPCE) - Get Virgin Galactic Report, Aurora Cannabis  (ACB) - Get Aurora Cannabis Inc. Report and AMD  (AMD) - Get Advanced Micro Devices, Inc. Report.

This week, we have five new names. 

They include Etsy  (ETSY) - Get Etsy, Inc. Report, Cronos  (CRON) - Get Cronos Group Inc Report, Snap  (SNAP) - Get Snap, Inc. Class A Report, Constellation Brands  (STZ) - Get Constellation Brands, Inc. Class A Report, and Boston Beer  (SAM) - Get Boston Beer Company, Inc. Class A Report

Etsy has been a millennial favorite. However, Cramer says that he's keeping a closer eye on Shopify  (SHOP) - Get Shopify, Inc. Class A Report

Boston Beer should be an obvious one -- I mean, just how popular are spiked seltzers now? And they're increasingly popular with the millennial crowd.

And Constellation took a stake on Canopy Growth  (CGC) - Get Canopy Growth Corporation Report to explore cannabis drinks.

Cramer breaks down his thoughts on each of the stocks. 

Watch the video above for more.

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