Jim Cramer and CNBC Investment Club
Rob King | NBCUniversal
Let’s say you’ve just joined the club and you’re trying to figure out which stocks we think are worth buying here right now. Ideally, what I’d like members to consider is a matching portfolio of as many as a dozen stocks, forming a market index fund position—a portfolio we recommend to investors who are just starting to manage their own money. Your own investment portfolio. Curated by us. The choice is yours. With more than 12 names, it can be difficult to stay ahead unless you’re a stock junkie like me. Remember, buy and do your homework is my motto, not buy and hold and forget about it.
The question is: Which stocks would I buy now? Within our 33-company portfolio, there are some stocks that are too high to recommend, while others are too low, to be precise, low because of changing circumstances, and will look like after Wednesday night’s quarter Salesforce was also lower. Our market is tough. But I see stocks calling to me, saying this is a great place to start. No single stock should be purchased at once. This is a foolish move when the market is already tilting downward as the month comes to an end.
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