has a more positive view on the stock market, with coronavirus vaccines getting rolled out across the U.S. and the Federal Reserve staying accommodative.
Investors should take note of the Tepper's current outlook, Cramer said, given that the Appaloosa Management founder sent Wall Street"I don't want to say he's wildly bullish. I would say he's very constructive," Cramer said Friday on "He saw this coming. He knew to get out and now he feels there are pockets where you should be in, pockets of very reasonable valuations.""I think it's important to recognize that a guy who knew [the market] was going to go lower because of the virus is now taking a more positive stance," added Cramer, who said he spoke with Tepper on Friday.
Tepper, who also owns the NFL's Carolina Panthers, pointed to the Fed's massive monetary stimulus and near zero interest rates as key reasons why investors should be in equities, Cramer said. "As David Tepper told me, as long as you have the Fed being easy and this liquidity sloshes around, it's very hard to bet against this market," the
jimcramer Is he a bit late? 🤔
jimcramer David Tepper News
jimcramer
jimcramer
jimcramer Gets positive after a 70% rally off the lows. Listen to Tepper, you guys.
jimcramer I bet be bought $AMC. Smart
Fed backing, or fed printing?
jennablan Seems like David Tepper always comes on CNBC whenever the market is at risk
Hey jimcramer can you call Dave back and get him to trade for DeShaun Watson? We can’t draft the 4th best QB in this draft at 8, that’s nuts.
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