Is Jim Cramer's 'Cult Stocks' Call the Beginning of the End, or the End of the Beginning?
Briefly

Jim Cramer has maintained one of the most prominent bully pulpits in finance, with a diverse career from Goldman Sachs to founding his own hedge fund and popular shows.
The Nasdaq Composite's impressive 37% rise in 2023, driven by artificial intelligence, begs the question of whether investors are now trapped in a stock bubble.
Cramer highlighted 'cult stocks' as potentially lucrative investments, demonstrating a disconnect between Wall Street fundamentals and the real success of companies like Tesla and Netflix.
As Netflix originated in 1997, the journey of its success reflects the need for new generations of investors to grasp long-term narratives behind such companies.
Read at 24/7 Wall St.
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