Jim Cramer: Should Investors Be Investing in Stay at Home Stocks?
So, investors, should you be investing in stay at home stocks?
Jim Cramer weighs in on the stocks that he's watching.
Video Transcript:
Katherine Ross:
Sure. Should they be buying the companies that they're telecommuting with?
Jim Cramer:
I like Zoom very much. I think Zoom is really going to be the way. Things are going to change. People are going to realize a lot of people are going to realize, wow, with Zoom I can work at home and be very much in touch. So zoom is still a buy. Is Teledoc still a buy? I've been recommending that one. It just caught a double. Probably not, that you have to wait. Maybe they should raise some capital or something. But I think that you would say, well I'm at home and by Proctor and Gamble you're at home all day. But that stock was at 78.
Jim Cramer:
I urge people to look at where stocks work and that may be a good barometer for what to do. Again, could the market go up big today? Yes. Will it be done without me? No, I bought here. I can't just get up and say, you know what, I bought here. Now I'm going to buy more. That's like going to a candy store and saying, "I bought Good & Plenty. You know what, I'm going to buy another box of Good & Plenty." Well, why would you do that?
Jim Cramer:
It doesn't make sense. But people don't think of it as that. They say, "Oh my God, it's at 780 I just saw it tick up to 760. I got to go buy some Good & Plenty." And when you think about it, like I got a second dress, I got to buy another suit because I bought a suit, I got to buy another suit. Well, no, now you wait for lower price and if you don't get it, you say, I have a suit. Think like that. I think like clothes.
