Market Overview

10 Stocks Cramer's Watching To See If The Market Rebound Is Sustainable

Share:
10 Stocks Cramer's Watching To See If The Market Rebound Is Sustainable

CNBC's Jim Cramer has a list of 10 stocks that will dictate the sustainability of the market's rally.

During Monday's "Mad Money" segment, Cramer highlighted 10 stocks that "represent the fundamentals of a real bull market." He added that unless these stocks move higher, the market is going to "have a hard time attractive believers."

Related Link: How Jim Cramer Chooses The Best Entry And Exit Points On A Stock

The 10

    1. Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)
    2. Apple Inc. (NASDAQ: AAPL)
    3. The airline sector as a whole
    4. Starbucks Corporation (NASDAQ: SBUX)
    5. Nike Inc (NYSE: NKE)
    6. Visa Inc (NYSE: V)
    7. Target Corporation (NYSE: TGT)
    8. Gilead Sciences, Inc. (NASDAQ: GILD)
    9. Allergan plc Ordinary Shares (NYSE: AGN)
    10. Walt Disney Co (NYSE: DIS)

Cramer noted that these 10 stocks "speak volumes" about why many traders and investors are still "skeptical" of the market's recent all-time highs. For example, Gilead's stock is down 14 percent for the year, and Cramer suggested the company has lost its luster and is now the "eyesore of the market."

Disney is considered by Cramer to be one of the most troubling stocks in the market given the ongoing "cable cutting" concerns and how this will eat into its ESPN segment's profit.

Finally, Cramer said the Brexit vote actually helped stocks move higher — that is, after the immediate mass selling. He explained that the Brexit outcome prompted interest rates to fall even lower than expected and put the Federal Reserve's interest rate hike on hold.

Cramer concluded that the Brexit outcome was "not bad for our markets."

Did you like this article? Could it have been improved? Please email feedback@benzinga.com to let us know!

Posted-In: Brexit CNBC CNBC Jim Cramer Jim Cramer Top PicksAnalyst Color Top Stories Media Best of Benzinga

 

Related Articles (AAPL + AGN)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
IINDoughertyAssumes34.0
PNRJefferiesInitiates Coverage On
YYUBSUpgrades
ROKUOppenheimerMaintains155.0
IPHIBank of AmericaMaintains80.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Qualcomm Dividend Payout Is Higher Than 5-Year Average Payout

Hill International Gets $9 Million Task Order From New York City Transit