CNBC’s Jim Cramer on Wednesday gave young investors a list of stocks he believes should be on their shopping lists.
“If you are a young investor, you need to take some risk in your portfolio – this way you have a chance to generate huge returns. I recommend betting on long term stories which will eventually win you big You can, as long as you’re patient,” he said.
Cramer explained that junior growth stocks are small, fast-growing companies that could become huge in the future. “Four-five years ago, Tesla Was just a small junior growth stock. Well, there’s nothing junior about stocks anymore.”
These stocks are still particularly attractive investments for investors in their 20s, he said, because they’ve had time to correct potential mistakes and invest in stocks that can take a while to fly.
Here are three junior growth stock Cramers recommend:
- Whereas EtsyAccording to Cramer, while stock valuations became slightly “excessive” during the height of the COVID pandemic, its underlying business remains solid.
- Continued strong demand for travel will help lift AirbnbEarnings of
- “I think dutch brothers, As long as you can get it now, it’s a great long-term hold, below $40,” he said.
