Market Overview

Jim Cramer Recommends Some Stocks Ahead Of The Elections

Jim Cramer Recommends Some Stocks Ahead Of The Elections

In the current political backdrop, investors are looking to pay less than they normally would for certain stocks, CNBC’s Jim Cramer said on Monday. However, as Warren Buffett explained, this will only lead them to miss out on the opportunities that arise.

Cramer then went into a few stocks to buy (or avoid) right now:

The expert considers the call between TJX Companies Inc (NYSE: TJX) and Bed Bath & Beyond Inc. (NASDAQ: BBBY) quite easy. His confidence right now is placed on the former because it has home goods, “which is smoking” at the moment.

Related Link: Cramer Says He Likes Bargain Stores: It's All About Value

Cramer then went on to suggest “waiting for the next market wide pullback… Not a casino one, but a market wide” pullback. When this happens, buy some Wynn Resorts, Limited (NASDAQ: WYNN) stock, taking advantage of the weakness, he advised. As the analyst has said on various occasions in the past, betting against Steve Wynn is definitely “unwise.”

Next up was Etsy Inc (NASDAQ: ETSY), which Cramer likes, especially after its latest earnings call. “I don’t understand why people aren’t cheery” after its latest quarterly results, he added. “And I was dead set against that company for 20 points.”

Related Link: Cramer's 'Lightning Round' Picks And Passes: First Solar, Lending Club, Dominion Resources And More

Finally, the TV host urged investors to think like the Oracle of Omaha (Buffett) for a second. “Look at Walt Disney Co (NYSE: DIS) in a long-term view,” he advised. In that strain, Cramer advised to take a second look at Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B). Why not buy the stock “of the greatest investor of our time?” Cramer concluded. “It’s almost counter-intuitive not to. [It] runs against great American grain.”

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Image Credit: Public Domain

Posted-In: 2016 Presidential ElectionsAnalyst Color Long Ideas Politics Top Stories Media Trading Ideas General Best of Benzinga


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