'If you believe, as I do, that America is reopening rapidly but we're not exactly going back to normal ... then Polaris is indeed the kind of stock you should own,' the 'Mad Money' host said.
"If you believe, as I do, that America is reopening rapidly but we're not exactly going back to normal — too much social distancing — then Polaris is indeed the kind of stock you should own," he said. "This is a company that benefits enormously from the V-shaped recovery thesis, and it also works with a slower recovery because the great outdoors is taking market share from every other form of recreation that involves crowded indoor spaces.
Polaris shares have recovered all of their losses during the market meltdown that was triggered in February by the coronavirus outbreak. The stock fell about 60% from peak to trough and is now up more than 160% from its April lows. The camping and outdoor recreation space is catching Cramer's attention as an investment alternative to the airlines and cruise industries that face a boatload of new social distancing challenges to fill their crafts with passengers.
Polaris appears to have taken a "genuine turn" after reporting first-quarter earnings in April, Cramer said. The company missed analyst estimates on the top and bottom lines during the coronavirus-plagued quarter, but later management presented information that Cramer saw as encouraging.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Wall Street can't rally much higher without a coronavirus vaccine, Jim Cramer warns'No broad-based rally from this level is sustainable without a major scientific breakthrough in the fight against Covid-19,' the 'Mad Money' host said.
続きを読む »
How N.W.A's 'Fuck tha Police' Became the 'Perfect Protest Song'32 years after its release, streams of N.W.A's 'Fuck tha Police' are surging once again during the nation’s George Floyd protests. “A lot of people would be happy that they song gets streamed,” says MC Ren, “but it’s unfortunate”
続きを読む »
Wall Street can't rally much higher without a coronavirus vaccine, Jim Cramer warns'No broad-based rally from this level is sustainable without a major scientific breakthrough in the fight against Covid-19,' the 'Mad Money' host said.
続きを読む »
Cramer: These are the stocks that helped power the Nasdaq to a new record high during the pandemicThe Nasdaq's rally is 'more representative of this market than the endless rebound in the hospitality and travel stocks in response to the opening of America,' CNBC's Jim Cramer said.
続きを読む »
Cramer on rampant market speculation: 'I've never seen so many games played with stocks'Jim Cramer cautioned investors against trading volatile stocks popular on social media and said they should look at buying fractional shares of bigger companies instead.
続きを読む »