Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 12/5/24
Dec 6, 2024
Explore the wild world of Wall Street with insights on Bitcoin's role in investing and the need for diversification. Celebrate Costco's anniversary while uncovering the underrated potential of Hasbro. Discover how Dollar Tree has turned around amidst tough market conditions. Analyze Reddit's soaring stock performance and its impact on digital advertising. Dive into the challenges of the IPO market and the fintech landscape, all while emphasizing the importance of caution and smart strategies in today's unpredictable market.
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Diversification Strategy
- Diversify your portfolio with stocks and crypto.
- Consider Costco, Amazon, Tesla, Palantir, NVIDIA, and Bitcoin.
Early Crypto Investments
- Jim Cramer bought Bitcoin in 2020 and Ethereum in 2021.
- His Ethereum investment appreciated significantly, allowing him to buy a farm.
Long-Term Stock Success
- Costco's stock price has grown significantly since its IPO in 1985.
- Investing $1,000 in Amazon or Tesla at their IPOs would yield millions or hundreds of thousands today, respectively.