Investment guru Jim Cramer recently tipped off investors to several areas where investors can find opportunities that don’t get much attention.
“Main Street may indeed need a stimulus deal, but Wall Street can do just fine without one, and so can your portfolio as long as you focus on the bull markets that don’t need no stinking bailout,” Cramer said on his CNBC “Mad Money” show.
Housing-related and work-from-home tech stocks have been among the hottest parts of the stock market during the pandemic.
Restaurants
- Wendy’s
- Yum Brands
- Domino’s Pizza
- Chipotle
- Starbucks
Apparel
- Lululemon
- Nike
- Levi Strauss & Co.
- American Eagle Outfitters
- Gap
Used cars
- Group 1 Automotive
- Lithia Motors
- CarMax
- Carvana
- AutoNation
Packaging
- International Paper
- Westrock
Agriculture
Chemical companies
Railroads
- Norfolk Southern
- Union Pacific
Meanwhile, stocks are expected to remain volatile amid hopes of more federal fiscal aid and growing expectations of a Democratic victory in next month’s presidential election.
U.S. President Donald Trump on Thursday called for a “skinny” relief bill that would include elements such as direct payments and a bailout to the struggling airline sector.
However, Senate Majority Leader Mitch McConnell said the prospect for more federal aid, including additional relief for airlines, was “murky” and unlikely ahead of the Nov. 3 election, Reuters said.
“The market is very much being held hostage regarding stimulus talk between the Republicans and the Democrats,” said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey.
“The major focus right now is do we get a package and what will that package comprise.”
Recent trading on Wall Street has been dictated by negotiations in Washington on more stimulus as signs of a slowdown in the domestic economic recovery sparked calls for more aid for businesses and households.
Investors have also begun to digest the possibility of Biden winning the Nov. 3 election after a fractious debate last month led to a jump in his lead over Trump in several national polls.
“The market is increasingly factoring in Biden in the White House,” Krosby said. “Expectations are that Biden comes in and introduces a really heavy package of stimulus.”
© 2025 Newsmax Finance. All rights reserved.