Oil continues to surge after a failed attempt to refloat the 224,000-ton Ever Given could extend the current backlog in the Suez Canal, costing global trade as much as $10 billion a week.
Jim Cramer shared his game plan for investors for this upcoming week in the market on the last episode of Mad Money.
Here are some of the best stocks in the past week by their performance in percentage change at the close of trading on Mar. 26. These include stocks over a $10 share price at the time of publishing.
1. Root | Increased +19.50%
Auto insurance company Root Inc. (ROOT) – Get Report was included as one of the top shorted stocks this past week. Shares started rising Friday after Citron Research published a report calling the online auto insurance platform a big-time bargain with disruptive technology.
2. BowX Acquisition | Increased +15.71%
WeWork announced it will be going public via a SPAC merger with BowX Acquisition and will get $1.3 billion in cash to expand its office sharing operations. Cramer shared his thoughts on when to buy a SPAC and the things watch out for.
3. ASML NV | Increased +14.29%
Intel said late Tuesday that it will invest $20 billion in two Arizona-based factories in a major push to take on Asia-based chipmaking rivals TSMC and Samsung. Its key European supplier ASML NV (ASML) – Get Report also surged this past week
4. Upstart | Increased +14.10%
5. Kansas City Southern | Increased +13.14%
6. Restoration Hardware | Increased +12.14%
7. Applied Materials | Increased +12.00%
8. Nucor | Increased +11.19%
Cramer shared on Mad Money why he believes a large infrastructure bill by President Biden isn’t needed for infrastructure stocks to be a buy. Nucor (NUE) – Get Report is one of Cramer’s favorite infrastructure stocks right now.
Cramer also had the CEO of Nucor on Mad Money this past week during his “Executive Decision” segment.
9. KLA Tencor | Increased +9.24%
10. Dollar General | Increased +8.15%
11. Lam Research Corp. | Increased +7.73%
12. Sherwin-Williams | Increased +7.47%
13. Cisco Systems | Increased +7.33%
14. Target | Increased +7.14%
MoneyShow shared its top investment experts highlight their favorite ideas among big-box retailers and discount stores including Target (TGT) – Get Report.
15. Costco | Increased +7.04%
Cramer shared why investors should be patient with Costco (COST) – Get Report in early March on his monthly members-only call. Shares are up over 10% since he told club members to be patient with the big retailer.
All stock prices are referenced and pulled from Yahoo Finance while rankings were pulled from Barchart.com.