After the Pandemic: Cramer’s ‘Mad Money’ Recap (Tuesday 9/29/20)

The stock market is a forecasting machine, Jim Cramer told his Mad Money audience on Tuesday night. The market is focused on the future, not the past, and therefore is trying to figure out which companies will be successful once the coronavirus has passed.  Cramer took a closer look, too.  […]

The stock market is a forecasting machine, Jim Cramer told his Mad Money audience on Tuesday night. The market is focused on the future, not the past, and therefore is trying to figure out which companies will be successful once the coronavirus has passed. 

Cramer took a closer look, too. 

He said names like Peloton  (PTON) – Get Report have staying power. Despite the short-sellers trying to crush this one, the stock has held up as the business continues to expand its offerings. Peloton is “clearly here to stay,” he said.

So is Pinterest  (PINS) – Get Report, Facebook  (FB) – Get Report, Etsy  (ETSY) – Get Report and Shopify  (SHOP) – Get Report, all of which lean on e-commerce and/or digital advertising for growth.

Another name benefiting from e-commerce is Wayfair  (W) – Get Report. In February this company was teetering on the brink. Now investors have seen its stock go from $21 to $300 before the recent pullback.

Elsewhere in retail, RH Inc.  (RH) – Get Report has been incredible. Even though the stock has soared over the past six months, Cramer thinks there’s still long-term potential with this one.

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