Cramer says the market is broadening beyond the mega caps, reviews the S&P 500's hottest stocks [CNBC]
GE Aerospace (GE)
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Source: CNBC
He reviewed the top dozen stocks in the S&P 500 year-to-date, saying there are companies from a variety of sectors seeing huge gains. “When you look at all of the groups that are winning here, how can you not like this market?” Cramer asked. “And like it much more, more importantly, if it goes lower, which at this moment would be very much a gift so you can do some buying at better prices.” : Cramer said this tech infrastructure company is more than an offshoot of Nvidia, calling it a “pick and shovel story” for the cloud and artificial intelligence. : Nvidia was down by Tuesday's close, and Cramer said this loss is part of the broadening of the market, adding that one day “does not a sell-off make.” : Cramer said it's a good time to be in the electricity business because of the power needed for new data centers. : The success of Deckers, which owns brands including Ugg and Hoka, is a sign that the bull market is broadening to include “specialty retail,” Cramer said. : Wit
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