Jim Cramer in a recent program talked about the importance of The Dow Jones Industrial Average touching the 40,000 mark for the first time ever. Cramer said that the Dow hitting its new highs was a "team effort" with stocks from many different sectors adding to the index's gains, instead of just the gains from major tech stocks with size and growth similar to the likes of NVIDIA Corp (NASDAQ:NVDA), Amazon.com Inc (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG).
Cramer said that many of the Dow stocks should have been "hurt" by the consistent rate hikes by the Fed.
"They should have been...
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