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Cramer's Basket Trade Warning | Durham News
Jim Cramer warns that stock picking is tougher than ever as Wall Street prioritizes thematic basket trades over company fundamentals, driven by geopolitical chaos like the Middle East conflict. He highlights how stocks like Boeing are being unfairly swayed by short-term noise rather than solid metrics like cash flow and backlog. Cramer cautions against buying based on headlines alone, noting that broad market sell-offs can drag down unrelated stocks. He also points to a flood of new stock and bond offerings as a bigger threat than conflicts, especially in tech where AI stocks surged while…
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