The 'Mad Money' host cited cloud company Snowflake and Zoom as 'dominate American companies' capitalizing online during the coronavirus pandemic.
at about 100 times sales as worth owning, advising people to buy and invest in stocks assuming that the coronavirus pandemic is not going away anytime soon.
"Zoom is doing triple what it was doing like three months ago. And I know it's 50 times sales. But at the same time, I want growth not from cutting and hopefully having more oil per rig. But I want growth that is pure and dominate," he said, contrasting Zoom's video conferencing business that's in a sweet spot in the current work-from-home environment to the rough ride in the oil industry as people aren't driving as much.
"Do I really want to be in a world where I think Covid is going to end and we're going to start driving like mad and oil is going to go up? I'm not buying it. I'm not buying that better-than-ever world," Cramer said on
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Most Gulf Markets little changed in quiet early tradeMost major stock markets in the Gulf were little changed in early trade on Sunday.
Read more »
Summers off makes no sense: Former US Education Secretary Arne Duncan calls for year-round schoolingFormer Secretary of Education Arne Duncan joined Yahoo Finance to discuss the coronavirus pandemic’s effect on the national education system and why the K-12 model needs to be fixed.
Read more »
Opinion | Aging in place: How the coronavirus made us feel old overnightOpinion | Peshe Kuriloff: Aging in place: How the coronavirus made us feel old overnight. - NBCNewsTHINK
Read more »
Stock market crash: 3 'nonsensical narratives' making equities dangerous - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
These Are the Top 15 Products That People Bought on Amazon Prime DayRolling Stone readers were big fans of AirPods, home security cameras and projectors, while stocking up on fitness equipment and home goods during Prime Day 2020
Read more »
Stock market analysis: 5 forces that will shape US demand in 2021, GS says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »