Cramer breaks down his favorite shares from a record second quarter

CNBC’s Jim Cramer on Tuesday reviewed the top winning stocks in the past three months after the second quarter, which was defined by the push-pull effects of the pandemic and the ongoing economic recovery, came to an end.

“I would say that the most impressive actions from my point of view … of the last three months were those that were very resourceful and much luckier,” said the host of “Mad Money.” “We had tons of winners this quarter.”

The main averages rose once again to end the month of June, which led Wall Street to its best quarterly performance in recent decades, despite the lingering economic consequences of the coronavirus blockade and the initial slump in global financial markets. .

The Dow Jones added 217.08 points, or 0.85%, to end at 25,812.88. The 30-share index recovered 17.77% since the beginning of the quarter, according to Factset.

The S&P 500 rose 1.54% during the session to 3,100.29, a gain of nearly 20% for the quarter.

The Nasdaq Composite, which set multiple records throughout the month, rose 1.87% to 10,058.77, more than 30% more since early April.

“There are many other winners I could have cited, but these are the companies that took the moment by the horns and led the bull to greatness,” said Cramer. “And with Covid spreading like wildfire, sadly, I bet they keep climbing, or I wouldn’t have chosen them.”

Zoom Video’s shares soared 73.5% more in the April-June period, according to FactSet.

“It is amazing to me that this new public company has taken root in both the new economy of work from home and the economy of gaming at home,” said Cramer. “Zoom has fundamentally changed the way we interact and our world will never be the same, even after receiving a vaccine.”

PayPal shares recovered 82% during the quarter.

“PayPal shows that you really don’t need brick and mortar banks,” he said. “I never would have thought that we would go from cash to plastic to digital so quickly, but the pandemic threw more fuel into the fire and that’s where we are.”

Apple, a stock Cramer emphasizes that investors should buy and never trade, rose 43.5% during the quarter.

“The real core of this story is Apple’s rapidly growing service revenue stream,” he said. “In an era when we are not supposed to touch, Cook launched a contactless credit card. I think the App Store is worth billions.”

Tesla shares recovered more than 106% in the quarter.

“They really are the only truly successful electric vehicle company,” said Cramer. “Once it became clear that [CEO Elon] Musk could raise the amount of money he needed to keep expanding … the stock went to the races and has not looked back since. “

Shopify shares gained more than 127% in the past three months.

“At the beginning of the quarter, Shopify was an obscure facilitator of e-commerce. However, in the end, they were recognized as a pillar of digital infrastructure at a time when everyone needs to go digital,” he said. “I bet Shopify will create more millionaires than any other company in the United States, and they are Canadians.”

Twilio, Fastly and Etsy saw their shares jump three digits in the last quarter with Fastly, a cloud content management company, which made a whopping 348.52%. Adobe shares rose nearly 37% in the same quarter.

Twilio, Fastly, Adobe and Wix.com “empower small businesses” and “help smaller operators move things online,” said Cramer. Etsy “prevented many retailers from going under.”

Lululemon shares are up 64.61% in the quarter to date.

“This is the time for Lululemon. They captured the spirit of what you are wearing when [work out] at home, “said Cramer.” The acquisition of Mirror gives them a share of the fitness space at home and allows them to rival Peloton. “

Nvidia’s shares rose 44% in the last quarter.

Nvidia is the only company that is tied to “all sorts of powerful secular issues tied to the home economy,” he said. “That’s it, from the data center to artificial intelligence and games.”

Netflix noted that its shares rose 21% during the quarter.

“This is another company that, like Amazon, was practically tailor-made for the pandemic,” said Cramer. “This one had a lot of skepticism thanks to all these competitive streaming services, but now the company is in a place where it can raise prices with little resistance.”

Regeneron Pharmaceuticals shares recovered more than 27% in the last quarter.

“Regeneron leads the way … in the fight against the pandemic,” he said. The company has “the inside track when it comes to making a vaccine, given their work on Ebola. You should know that Len Schleifer and George Yancopoulos, the CEO and chief scientist, are unannounced geniuses. Len was our first guest on ‘ Mad Money. ‘ The stock was at $ 5. It is now at $ 623 and it doesn’t stop. “

Disclosure: Cramer’s charitable trust owns Apple shares.

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