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Cramer: Have stocks become new commodities?

Posted on 03 June 2014

All too often, Jim Cramer hears that stocks have become commoditized. That is, they trade as a unit, just like corn and wheat. Cramer just doesn’t understand that kind of thinking. “This kind of analysis diminishes the value of so much of what happens at companies. It is ridiculous to think that they are commodity-like,” he said on Monday’s “Mad Money.”
And rather than view stocks only in terms of the Dow Jones industrial average or S&P 500, Cramer advocates viewing each and every stock individually as well, with a company’s unique characteristics always at the forefront of all investment decisions………………………………………..Full Article: Source


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