Cramer: These are the stocks that helped power the Nasdaq to a record high during the pandemic
The surge in the tech-heavy Nasdaq, Cramer said, is "more representative of this market than the endless rebound in the hospitality and travel stocks in response to the opening of America."
But he argued its service revenue has helped fuel its rally. "When people who are stuck at home with nothing to do, they go online, the Amazon, the Apple stores," said Cramer, who added that the iPhone giant's Apple Pay stands to benefit in a world where contact-less technology grows in importance.
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