$80 Stocks Become $120 Stocks
Jim Cramer says that right now we're in a "runaway bull market."
"Leading stocks attract money, and money sends them higher, cementing their status as leaders," Cramer explained.
"This keeps the virtuous circle going."
According to Cramer's theory,...
when a stock goes to $80 in a bull market,
there's a good chance it'll go to $100.
From there, it's usually smooth sailing to $120.
"And once a stock hits $100," Cramer said,
"the only way it goes back down is if it splits.
Following his $80-$120 strategy is the "laziest way to approach the market, but it works," he said. "And we're gonna keep doing it."
The stocks he mentioned are:
1. Boeing
2. Caterpillar
3. ConocoPhillips
4. Energizer
5. Air Products & Chemicals
6. Apache
7. Terex
8. Manitowoc
"Leading stocks attract money, and money sends them higher, cementing their status as leaders," Cramer explained.
"This keeps the virtuous circle going."
According to Cramer's theory,...
when a stock goes to $80 in a bull market,
there's a good chance it'll go to $100.
From there, it's usually smooth sailing to $120.
"And once a stock hits $100," Cramer said,
"the only way it goes back down is if it splits.
Following his $80-$120 strategy is the "laziest way to approach the market, but it works," he said. "And we're gonna keep doing it."
The stocks he mentioned are:
1. Boeing
2. Caterpillar
3. ConocoPhillips
4. Energizer
5. Air Products & Chemicals
6. Apache
7. Terex
8. Manitowoc


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