Cramer warns the GameStop surge has everybody unrealistically looking for stocks about to triple
“I think the average American right now is trying to figure out how do I find a stock that triples,” Cramer said. “‘Forget what you guys are talking about with the FAANG. I want a triple.'” FAANG, an acronym coined by Cramer, stands for big tech stocks — Facebook, Amazon, Apple, Netflix and Alphabet‘s Google.
“It is what people want. They want a triple. That’s not necessarily what we can provide,” the “Mad Money” host said. “Robinhood wants it. WallStreetBets wants it,” he added, referring to the online brokerage popular with young investors and the Reddit forum at the center of the GameStop saga.