Cramer: Easy Money (Ford, Apple, Costco) Is the Best Money

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Rodney Dangerfield and Joe Pesci loved easy money – that’s what their 1983 film of the same name was all about. You should love easy money, too, Jim Cramer wrote recently in his Real Money column. After all, things have been anything but easy over the past 18 months.

He writes: “We’ve endured the meme stock craziness, with all of its love for heavily shorted stocks. We have watched the collapse of bitcoin to levels viewed as shocking, even if they are still more than double where they were not that long ago. We’ve dealt with Fed officials making it clear that they are no longer on the side of the bulls or the bears. We’ve seen the end of the rush to get vaccines, which means that millions of people are going to get the new COVID variant, because there is no natural immunity to it. We’ve endured shortages of everything from chips to plastic to imported goods and labor.

And we’re still standing, yeah, yeah, yeah.”

A reopening society like we’re starting to see now also translates into open markets. For most investors, that means taking a closer look at their 401(k)s and index funds. For active investors, however, the siren song is easy money in the form of businesses that investors already know.

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Right now, Cramer has these easy money stocks in mind

“First is Ford  (F) – Get Report. I think the Ford lineup is amazing. The electric F-150 series will be incredible. I am eager to get a Maverick for my family, because it is a smaller pickup that will get the job done for the myriad little things I need to do with this farm I bought from that crazy bitcoin foray. I like the competitive edge of the CEO, who says he is going to bury Elon Musk when the Lightning comes out. I even think the Bronco is cool as all get out. Most important, though? I think the chip shortage is ending.”

Read more of what Cramer has to say about Ford, Costco and Apple on Real Money.

Cramer’s also got an eye on Costco  (COST) – Get Report, because the samples are coming back. “You want low prices,” he writes. “You want to get all of the things that people don’t think of with Costco, like insurance, hearing-aids — hey, they are a fortune — jewelry, things around the house. You go and you will buy far more than you first came for. My kind of store.”

Apple?  (AAPL) – Get Report Cramer says people who don’t own Apple should look at what they are holding right now. Or what’s in their lap or on the table.

Cramer calls the summer of 2021 “halcyon times,” when the living is a little easier. Stocks like Ford, Costco, Apple and several others highlighted in Real Money can make life simpler for those who seek the low-hanging fruit and who want to take a big bite out of the market apple.

Cramer calls the summer of 2021 “halcyon times,” when the living is a little easier. Stocks like Ford, Costco, Apple and several others highlighted in Real Money can make life simpler for those who seek the low-hanging fruit and who want to take a big bite out of the market apple.

As Cramer says, “Accept the moment. Don’t try for the hard money. Go for the easy kind. That’s the best kind.”

At the time of publication, Cramer’s Action Alerts PLUS Investor Club had a position in F, AAPL.