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Jim Cramer Is a Fan of GE, PepsiCo, Amazon and Apple

June 23, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer discussed what’s ahead for the stock market, why you should own General Electric (GE) and why he’s a fan of Columbia Sportswear (COLM) while answering viewers’ questions from social media Tuesday. On the market overall, Cramer said last Friday’s jobs number was very important, because it took away the market’s single biggest risk – that the Federal Reserve would raise rates this month. Cramer also said Glencore’s (GLNCY) stabilization is a positive. One viewer asked Cramer about which stock is the best to own for the next two years, out of a list that includes General Electric (GE), Alcoa (AA), DuPont (DD), Johnson and Johnson (JNJ), or Exxon Mobil (XOM). Cramer said Nelson Peltz’s involvement with GE is going to be ‘radically good,’ and that GE is a great value. He also recommended PepsiCo (PEP), and suggested owning that stock as well. Another viewer asked whether Amazon’s (AMZN) decision to ban the sale of Apple (AAPL) TV would hurt the product. Cramer responded it would not, and that both Amazon and Apple are stocks to own. Send your questions on Twitter to @JimCramer, using #CramerQ. You can also find him on Facebook at Jim Cramer.

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