Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
On CNBC’s “Mad Money,” Jim Cramer advised against falling into the trap of “thinking that the whole market will get wrecked by persistent inflation.”
He said there were “vast swathes of the market” that could benefit from inflation, including some banking, tech and large pharma stocks.
“That’s a huge chunk of this market, unlike any combination I’ve ever seen. Plenty of winners out there if you just stop freaking out and start looking at the opportunities,” Cramer commented.
See Also: Are Stock Trading Apps Creating A New Generation Of Gambling Addicts?
Cramer recommended the following stocks to benefit from inflation:
Energy
- Chevron (NYSE:CVX)
- Devon Energy (NYSE:DVN)
- Pioneer Natural Resources (NYSE:PXD)
- Coterra Energy (NYSE:CTRA)
- Cheniere Energy (NYSE:LNG)
- Tellurian (NASDAQ:TELL)
- Enterprise Products Partners (NYSE:EPD)
- Williams Companies (NYSE:WMB)
Banks
Tech
- Salesforce (NYSE:CRM)
- Adobe (NASDAQ:ADBE)
- Workday (NASDAQ:WDAY)
- Amazon (NASDAQ:AMZN)
- Microsoft (NASDAQ:MSFT)
- ServiceNow (NYSE:NOW)
- Snowflake (NYSE:SNOW)
- Nvidia (NASDAQ:NVDA)
- Advanced Micro Devices (NASDAQ:AMD)
- Applied Materials (NASDAQ:AMAT)
- Palo Alto Networks (NASDAQ:PANW)
- CrowdStrike (NASDAQ:CRWD)
- Cloudflare (NYSE:NET)
- Snap (NYSE:SNAP)
- Facebook (NYSE:FB)
Big Pharma
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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