CNBC’s Jim Cramer on Monday reviewed the top 10 performing stocks in his basket of 100 equities where investors can find returns during the tough trading environment.
The “Mad Money” host, who introduced his “Cramer Covid-19 Broad Index” in late April composed mostly of health, technology and safety companies to make a case for individual stock picking in lieu of index fund investing, said the broad S&P index is tough to own due to the impact of the coronavirus pandemic on vast swaths of industries.
“[W]hen it comes to the pandemic, the components of the Cramer-Covid Index are part of the solution. They’re not getting hurt, they’re helping,” he said. “That’s a big difference versus much of the S&P 500, where you’ve got a lot of stocks