Cramer's 'Mad Money' Recap: A Family Affair
NEW YORK (TheStreet) -- Invest in "best of breed" stocks at an early age and your money will grow beyond your expectations, Jim Cramer told a live audience of his "Mad Money" TV show Thursday.
Kicking off his annual "Family Affair" episode, Cramer revisited his kid-friendly portfolio of five stocks that parents should be buying for their kids.
Cramer noted that while his kid-friendly stocks have handily outperformed the markets, rising 140% versus just 83% for the S&P 500, it's time to make a few changes to the household names that every kid would recognize.
Cramer said he's still bullish on Walt Disney
Another stock not making the grade was Nike
Finally, there's Apple
Don't be scared away from individual stocks, Cramer concluded. These companies can be bought and held for the long term and teach the next generation of investors the importance of the stock market to their financial well-being.
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