GREY:XEBEQ - Post by User
Post by
tamaracktopon Jan 28, 2022 7:19am
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Post# 34370103
I don't like Jim Cramer but this is interesting...
I don't like Jim Cramer but this is interesting... - CNBC’s Jim Cramer on Wednesday offered a list of beaten-up stocks that he believes are now cheap enough to buy.
- The “Mad Money” host sifted through the Russell 3000 to find stocks down more than 50% from their highs that sell for less than 50 times earnings.
“In other words, we want huge discounts, but we also want quality companies that are actually profitable, meaning their stocks got cheaper as they went lower,” Cramer said. “After this seemingly nonstop pummeling, we finally have a bunch of stocks that are cheap enough to buy,” he added.
I find it hard to understand how he finds stocks at <50 X e "cheap enough to buy
Get ready for another overall rough day for the markets .
Despite already being officially in a bear market, small cap fututres are down another
1 1/2% today.