Jim Cramer, the host of CNBC’s “Mad Money,” recently reviewed ten stocks that have seen significant growth in 2024, suggesting that they are smart investments, although they are also highly speculative.
What Happened: Cramer, on Wednesday, highlighted ten stocks, each valued at over $1 billion, that have experienced substantial growth this year, reported CNBC.
He cautioned that he is not currently recommending these stocks due to their high valuation, but he emphasized the importance of including speculative companies in investment portfolios for long-term performance.
“Let’s remember this list of frothy stocks and think of them the next time you’re about to ignore a stock for being too speculative,” he said. “Because these names are often the epitome of speculating wisely, which can be the key for terrific long-term performance — of course, only when melded with index funds.”
Here are ten stocks up more than 200% year-to-date:
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This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
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