The One Thing Jim Cramer Demands From Tech-Only Investors Before He’ll Bless the Strategy
View original at finance.yahoo.comThe One Thing Jim Cramer Demands From Tech-Only Investors Before He’ll Bless the Strategy Quick Read Invesco QQQ Trust (QQQ) has returned 17% year-to-date and 40% over one year, compared to SPDR S&P 500 ETF Trust (SPY) at 9% year-to-date and 28% over one year, yet Cramer refused to bless a tech-only portfolio without a…
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NVIDIA quarterly revenue reached $81.6B, up 85% year-over-year, signaling semiconductors have taken charge over software in the tech sector
60% confidenceJerry's portfolio is diversified across tech retail sales, software, semiconductors, data center, and advertising, with every position either in Cramer's Charitable Trust or previously recommended on Mad Money; he characterized the approach as growth with profitable companies
60% confidenceA tech-concentrated portfolio must include at least one definitively non-tech stock, or two for investors in their 50s, 60s, or 70s
60% confidenceTechnology is officially 26% to 30% of the S&P 500 by sector classification
60% confidenceAge-based escalation in the non-tech stock requirement is warranted because shorter time horizons leave less room to recover from a sector-wide drawdown
60% confidenceTrue functional tech exposure in the S&P 500 far exceeds the official 26-30% sector label once Amazon, Tesla, and both Alphabet share classes are factored back in alongside the formal tech designations
60% confidenceCramer will bless a tech-heavy individual stock book only if the investor holds an index fund alongside it
60% confidence
Data points we hold from this source
| Alphabet Inc. · market share | 5 percent |
| Microsoft Corporation · market share | 5 percent |
| Amazon.com Inc. · market share | 4 percent |
| Apple Inc. · market share | 7 percent |
| Broadcom Inc. · market share | 3 percent |