“Throughout much of the 1980s and 1990s, there was much appreciation for the stocks of companies that delivered consistent growth, ‘Mad Money’ host Jim Cramer noted Monday,” Drew Sandholm reports for CNBC. “Since the dot-com bust began in 2000, though, the market preferred trades over investments. But Cramer said the ‘era of anti-investing’ is now over and the market has reverted to classic investing once again.”
“All this week, Cramer plans to highlight great growth stocks. He began by featuring technology titan Apple, which he called the ‘greatest growth stock of our lives,'” Sandholm reports. “Cramer said Apple has potential for multi-year growth that can easily be valued, such as its popular iMac, iPod, iPhone and iTV [sic] products.”
Sandholm reports, “Apple has a lot of upside, too, because many of its products aren’t yet dominant in their respective markets. Each of its products continues to take market share.”
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