'The stock market doesn't care about social justice': Jim Cramer says investors are backing potential winners from protests
"From this stock market's perspective, everything that happened this weekend means the stay-at-home economy will last longer than we thought," he said. "Right or wrong, thoughtless or cerebral, it's worth exploiting."MORGAN STANLEY: The market's hottest stocks are in danger of being disrupted to a degree not seen since the Great Recession. Here's how to adjust your portfolio for the coming shift.
However, Cramer cautioned that investing in stay-at-home winners isn't guaranteed money. "Buyers are oblivious to the risk of purchasing stocks that have run and run and then run some more," he said. For example, Zoom stock has roughly tripled since the start of this year, driving up the video-conferencing group's market capitalization to about $58 billion — more than 90 times its $622 million in revenue last financial year, and more than 2,600 times its $22 million in net income.
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