CNBC’s Jim Cramer delivered his daily Mad Dash segment on Wednesday, offering his insights on the latest market movements and identifying several stocks that he believes have strong upside potential.
Cramer kicked off his segment by discussing the strong earnings report released by Coca-Cola earlier in the day. He praised the company’s ability to navigate inflationary pressures and continue delivering solid financial performance. Cramer believes that Coca-Cola’s stock is a buy at current levels and has a long-term growth trajectory.
Cramer also highlighted several other stocks that he believes are worth considering for investment. He mentioned United Airlines as a beneficiary of the travel recovery post-pandemic. He also spoke positively about Home Depot, noting its strong home improvement business and exposure to the housing market. Additionally, Cramer mentioned Wells Fargo as a banking stock with potential upside and Brookfield Infrastructure as a play on the clean energy transition.
Cramer concluded his segment by emphasizing the importance of diversification for investors. He advised against putting all of one’s eggs in one basket and recommended constructing a portfolio of stocks that represent a variety of sectors and industries. Cramer also stressed the need for investors to do their own research and due diligence before making any investment decisions.
