{"id":132242,"date":"2021-07-15T00:13:04","date_gmt":"2021-07-15T00:13:04","guid":{"rendered":"https:\/\/precoinnews.com\/?p=132242"},"modified":"2021-07-15T00:13:04","modified_gmt":"2021-07-15T00:13:04","slug":"delta-apple-best-buy-are-some-stocks-that-will-benefit-from-consumer-spending-rebound-cramer-says","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/delta-apple-best-buy-are-some-stocks-that-will-benefit-from-consumer-spending-rebound-cramer-says\/","title":{"rendered":"Delta, Apple, Best Buy are some stocks that will benefit from consumer spending rebound, Cramer says"},"content":{"rendered":"<ul>\n<li>The corporate earnings season is under way, and CNBC&#x27;s Jim Cramer thinks the early reports\u00a0from major banks\u00a0all have something in common: they indicate consumer spending could soon surge.<\/li>\n<li>&quot;I think we&#x27;re at an inflection point where consumer spending can truly ramp up and ramp to a totally unexpected positive level, especially with millions of parents getting their child tax credit [checks] just this week,&quot; he said on &quot;Mad Money.&quot;<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>AVGO<\/span><\/li>\n<li><span>BC<\/span><\/li>\n<li><span>POSH<\/span><\/li>\n<li><span>WSM<\/span><\/li>\n<li><span>DAL<\/span><\/li>\n<\/ul>\n<p>The corporate earnings season is under way, and CNBC&#x27;s Jim Cramer thinks the early reports\u00a0from major banks\u00a0all have something in common: they indicate consumer spending could soon surge.<\/p>\n<p>&quot;I think we&#x27;re at an inflection point where consumer spending can truly ramp up and ramp to a totally unexpected positive level, especially with millions of parents getting their child tax credit [checks] just this week,&quot; he said on &quot;Mad Money.&quot;<\/p>\n<p>JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo all beat Wall Street estimates. Bank of America posted better-than-expected earnings, but it came up short on the revenue line. <\/p>\n<p>&quot;Americans are in fabulous financial shape right now, which means we&#x27;re gonna spend a lot of money when we climb out of our Covid foxholes,&quot; he added. &quot;Prepare your portfolio accordingly.&quot;<\/p>\n<p>Cramer named the following stocks as his picks to play a potential consumer spending boom:<\/p>\n<ul>\n<li>Delta, down 22% from April highs<\/li>\n<li>American Airlines, down 21% from March highs<\/li>\n<li>American Express, down 1% from peak last week<\/li>\n<li>Poshmark, down 27% from June highs<\/li>\n<li>Brunswick, down 17% from May highs<\/li>\n<li>Best Buy, down more than 14% from May highs<\/li>\n<li>Costco, down 1% from Monday peak<\/li>\n<li>Williams-Sonoma, down 17% from May highs<\/li>\n<li>RH, down 7% from April highs<\/li>\n<li>Apple, closed Wednesday at record<\/li>\n<li>T-Mobile, closed Wednesday at record<\/li>\n<li>Qualcomm, down 14% from January highs<\/li>\n<li>Broadcom, down 3% from February highs<\/li>\n<li>Skyworks Solutions, down 6% from April highs<\/li>\n<\/ul>\n<p><em>Disclosure: Cramer&#x27;s charitable trust owns shares of Broadcom and Costco.<\/em><\/p>\n<p>Disclaimer<\/p>\n<p>Questions for Cramer?<br \/> Call Cramer: 1-800-743-CNBC<\/p>\n<p>Want to take a deep dive into Cramer&#x27;s world? Hit him up!<br \/> Mad Money Twitter &#8211; Jim Cramer Twitter &#8211; Facebook &#8211; Instagram<\/p>\n<p>Questions, comments, suggestions for the &quot;Mad Money&quot; website? madcap@cnbc.com<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/07\/14\/jim-cramer-names-delta-apple-among-stocks-to-play-consumer-spending-rebound.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The corporate earnings season is under way,<\/p>\n","protected":false},"author":3,"featured_media":132241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Delta, Apple, Best Buy are some stocks that will benefit from consumer spending rebound, Cramer says - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/delta-apple-best-buy-are-some-stocks-that-will-benefit-from-consumer-spending-rebound-cramer-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delta, Apple, Best Buy are some stocks that will benefit from consumer spending rebound, Cramer says - 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