'Rule No. 1 for the new abnormal is that you stick with the winners and you leave the raggedy rest to the others,' the 'Mad Money' host said.
on Wednesday made a case for investors to choose individual stock picking over index funds going through market turmoil." host laid out a "shelter-in-place" list of companies that he projects can cut through the global economic challenges set off by the coronavirus pandemic.
"For years, lots of very smart people ... told us that index funds were really the best if not only way to invest," Cramer said. "But sometimes trying to mirror the market is a bad strategy" because "you have to own so many have-nots along with the haves.", an index of 500 large-cap stocks that is largely representative of activity on Wall Street, is down more than 15% from its closing high nearly two months ago. The stock average fell another 2.2% to 2,783.
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