“The main reason this market has become so difficult is that we are finally making not-so-hot profits, but Wall Street is not adopting its usual stance of buying NABAF-rated stocks – this is not ‘as bad as we feared.’ “. “Crazy money,” said the host. “Six months ago, you could get away with NABAF all the time. Forgiveness reigned in two or three days. Not anymore,” he added. To keep up with this new market, Cramer has developed a new method of classifying the shares of companies that have recently reported quarterly earnings. “There are tons of stocks that can rally now that they have fallen hard from their highs, but we need to understand what can make these rallies strong,” he said. Here’s the three-tier Cramer inventory rating system:
Exclamation mark (!): This symbol represents “good news, which means that the stock is entitled to rise despite the wider sell-off,” Cramer said. Question mark (?): This means that the stock “falls almost whatever happens,” he said. Asterisk
“Profits get an asterisk if there is something away from the company that went wrong, something you can easily explain. So maybe the stock is worth buying here because it could be forgiven later,” Cramer said. “Exclamation mark? Yes. Question mark? No. Asterisk, maybe, just maybe, and that’s where the money can come in after the winnings, because they’re decent they haven’t run yet,” Cramer said. Alphabet: * Disclosure: Cramer’s Charitable Trust owns shares in Alphabet, Boeing, Meta and Microsoft.
