Sunday

$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

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