Stocks and Investing
Stocks and Investing
Tue, December 10, 2024
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Mon, December 9, 2024
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Jim Cramer reviews companies that cracked $100 billion in 2024
- CNBC's Jim Cramer reviewed several companies that surpassed $100 billion in market cap this year, noting that the names capture the "zeitgeist of the moment" on the market. Palantir, AppLovin, Spotify and Arista Networks were among the stocks he mentioned.
Jim Cramer, host of CNBC's "Mad Money," reviewed companies that have achieved a market valuation of $100 billion in 2024. He highlighted the significance of this milestone, noting that it reflects strong investor confidence and robust business performance. Among the companies discussed were tech giants like Nvidia, which has seen substantial growth due to the AI boom, and Eli Lilly, driven by its advancements in pharmaceuticals, particularly in treatments for obesity and Alzheimer's. Cramer also touched on newer entrants like Super Micro Computer, which has benefited from the demand for AI and high-performance computing solutions. He emphasized that reaching this valuation threshold often indicates a company's ability to innovate, adapt to market changes, and maintain competitive edges in their respective industries.
Read the Full NBC Washington Article at:
[ https://www.nbcwashington.com/news/business/money-report/jim-cramer-reviews-companies-that-cracked-100-billion-in-2024/3787933/ ]
Read the Full NBC Washington Article at:
[ https://www.nbcwashington.com/news/business/money-report/jim-cramer-reviews-companies-that-cracked-100-billion-in-2024/3787933/ ]
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