Join NexChange - the professional
network for the financial services
industry - and receive a free one-
year subscription to Forbes
Cramer Finds a Way to Explain Stock Diversification With Fantasy Football
What does fantasy football have to do with stock picking? Quite a lot actually, CNBC’s Jim Cramer explained during his daily “Mad Money” show. A strong fantasy football team should be built in the same fashion of a stock portfolio.
The Perfect Lineup
Key to any fantasy football team would be to include three top-notch wide receivers — or in stock market terms, a stock that everyone wants on their team and will be “drafted” first. In this case, the market equivalent would be members of the “FANG” group — Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Google/Alphabet Inc (NASDAQ: GOOG) (NASDAQ: