Stocks Jim Cramer would buy in Tuesday’s market rally

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It’s December.

While November was overall a positive month for markets, markets dipped slightly in trading on the last day of November.

The S&P 500 posted a 10.8% gain in November, its biggest monthly gain since April. The Dow Jones recorded its best month since 1987, up 11.8%, and the Nasdaq also climbed 11.8% in November.

But a rebound is in preparation Tuesday as all the main indices climb early in the session.

While Jim Cramer has said that many names in the Action Alerts PLUS charity wallet, including Disney DIS, are making convincing sales at current trading levels, he sees no reason to pull the trigger. Instead, Cramer is focusing on the names we would buy on Tuesday, including Nvidia. (NVDA) – Get the report, AMD (AMD) – Get the report, Dell (DELL) – Get the report, Take two (TTWO) – Get the report and above all, UPS (United Parcel Service) .

Jim Cramer talks about stimulus, Zoom (ZM) – Get the report, Airbnb, FAANG, Kohl’s (KSS) – Get the report and more in the video below:

Powell, in testimony made public ahead of his appearance Tuesday before the Senate Banking Committee, said the economic outlook is “extraordinarily uncertain” after the pace of improvement moderates.

While calling the progress in the development of the coronavirus vaccine “very positive”, he also said that a resurgence of the virus in the United States and around the world was “worrying and could prove difficult for the next few. month. A full economic recovery is unlikely until people are convinced that it is safe to re-engage in a wide range of activities. “

Responding to reports of yet another restart attempt, Cramer said the stimulus had to happen and Treasury Secretary Steven Mnuchin would take her across the finish line. “I think he’s going to nail that down at the end and solidify his legacy as someone who really cares about small and medium businesses,” Cramer said.

Monday evening, Crazy money, Cramer discussed FAANG actions.

“FAANG stocks have led the market higher and they are going to continue to lead us higher, Jim Cramer told his Mad Money viewers on Monday. While some fund managers are advocating a rotation in oils and cyclical stocks, Cramer said he was staying with the winners, ” The streets Scott Rutt wrote in his recap.

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