Jim Cramer’s stock market winners and losers for 2021 – CNBC
CNBC’s Jim Cramer offered his list of the biggest winners on Wall Street in 2021. The “Mad Money” host also shared his biggest disappointments, as markets head into their final trading days of the year.
“As we wrap up 2021, I think it’s the ideal time to give out some fantastic presents … to those who helped us make money, while handing out lumps of coal … to those who’ve done real damage to our portfolios,” Cramer said Thursday.
Winners
NVIDIA computer graphic cards are shown for sale at a retail store in San Marcos, California.
Mike Blake | Reuters
Pfizer
- After its stock languished for years and investors grew concerned about a looming patent cliff, Cramer said Pfizer delivered by having ample doses of its highly effective Covid vaccine available, including for booster shots, and by developing an antiviral pill to treat the disease. Pfizer’s stock is up 59% year to date.
Nvidia
- Nvidia shares have surged 127% so far in 2021 and Cramer said he believes the semiconductor company is poised to continue dominating in areas such as high-performance computing and gaming. Furthermore, Cramer said the investment in the so-called metaverse will also help Nvidia.
Elon Musk
- Cramer said the Tesla CEO has “revolutionized” the auto industry and “made his shareholders fortunes in the process.” Shares of the electric vehicle maker are up 51% in 2021, putting its market capitalization just north of $1 trillion.
Rick Muncrief
- The Devon Energy president and CEO took over in January 2021 following a merger with WPX Energy, and this year the company’s stock has soared nearly 166%. Cramer said Muncrief has helped Devon become an oil company focused more on rewarding shareholders instead of “spending like a drunken sailor on new wells.” That’s enabled the Oklahoma City-based company to pay out a variable dividend with a yield equivalent to roughly 8%, Cramer said.
Apple
- Shares of the iPhone maker have rallied more than 32% year to date, putting its market cap at $2.89 trillion. Cramer said Apple’s move to the upside came despite another year of doubt from some equity analysts and media members alike. “All you had to do was ignore them and follow my sage advice: Own Apple, don’t trade it,” he said.
Disappointments
Xi Jinping, general secretary of the Communist Party of China CPC Central Committee, makes an important speech at the sixth plenary session of the 19th CPC Central Committee in Beijing, capital of China. The session was held in Beijing from Nov. 8 to 11.
Ju Peng | …….
Source: https://www.cnbc.com/2021/12/23/jim-cramers-stock-market-winners-and-losers-for-2021-.html