Even stocks need some love
Jim Cramer listed the five stocks to love on Valentine's day. Care to take a guess?
"FAANG," Cramer responded when asked about his stock picks.
Why? Well, it's simple of course.
He believes the government shutdown has created an IPO overhang that could impact stocks such as the FANG stocks.
His biggest worry in the next two months? The "monumental tsunami" that the markets will see from the IPOs. The IPOs would be draining money from FANG and even the Cloud Kings.
Investors will be selling off their shares of the FANG stocks and the Cloud Kings to put money to work in companies such as Uber or Lyft.
Cramer touched on this topic in his members-only Action Alerts Plus call. Want to know what else he said? Non-members can sign up here.