In July, Jim Cramer, host of the popular CNBC show Mad Money, urged that investors go with the bulls and ignore Federal Reserve policies. Cramer’s passion for technology and growth firms is well-known, but he advises investors to look for what he refers to as “senior growth stocks.” On social media, Jim Cramer, 66, is one of the most well-known figures. His Mad Money show is well-known and well-liked around the world. Ken Fisher, the founder of Fisher Asset Management, is a billionaire who shares Cramer’s investing philosophy. The hedge fund has significant holdings in well-known tech growth stocks.
Insider Monkey reviews 10 stocks Jim Cramer and Ken Fisher have in common. Advanced Micro Devices, Inc. beat revenue and earnings projections in the second quarter, raising its full-year outlook. Over the last few months, AMD shares have outperformed the larger market trend, owing to good financial results. In the last six months, the stock price of NVIDIA Corporation has increased by 65 percent. Its second-quarter revenue increased by 85 percent, mainly to an increase in gaming revenues. Cramer believes it is a buy regardless of what happens with its proposed acquisition of Arm Ltd. According to the second quarter 13F filings, Fisher Asset Management owned a $1.72 billion holding in Facebook, Inc. Facebook’s second-quarter revenue climbed 56 percent to $29 billion, while net income increased 101 percent to $7.5 billion, compared to the same period last year. For the second quarter, the consumer staples company exceeded revenue and earnings estimates. Walmart Inc. was worth $1.78 billion to billionaire Ken Fisher’s hedge fund, accounting for 1.12% of the whole portfolio. The company also pays a hefty 2.2 percent dividend yield, making it an attractive stock to hold. Fisher Asset Management upped its holdings in The Walt Disney Company to 10.72 million shares, up 3 percent. Due to the danger of growing viral infections, Disney shares have lagged the broader market index in the last six months. For more details, click 10 Stocks Jim Cramer and Ken Fisher Have In Common.
