Jim Cramer on Stocks: There Are Two Markets
There are two markets, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
There are two markets, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer:
- companies that are dealing with rising raw costs (Whirlpool (WHR) - Get Report , Kimberly Clark (KMB) - Get Report )
- companies that don't have raw costs (Facebook (FB) - Get Report , Amazon (AMZN) - Get Report )
According to Cramer, the companies that don't have raw costs issues are doing well, unlike the companies that are grappling with raw costs.
Facebook and Amazon are holdings of Cramer's charitable trust Action Alerts PLUS.