Jim Cramer rings in the 30th anniversary of Squawk Box

Core Viewpoint - The article reflects on the resurgence of interest in individual stocks, drawing parallels to the excitement of the 1990s, particularly highlighting the performance of Oracle and the potential for significant returns in the current market environment [4][18][20]. Company Performance - Oracle's stock surged by 36% in a single day, showcasing a remarkable recovery and growth potential [4]. - An investment of $1,200 in Oracle at its lowest close in April would now be worth approximately $3,300, representing a 167% return in less than five months [5][6]. Market Trends - The article notes a shift in sentiment towards individual stocks, suggesting that investors are beginning to recognize the potential rewards associated with them, contrasting with the previous focus on index funds due to perceived risks [17][18][26]. - The IPO of CLA, a financial services company, saw a 15% increase on its first day of trading, indicating a positive market reception for new public offerings [8][9]. Historical Context - The discussion references the early days of Squawkbox, emphasizing how it educated viewers about stock ownership and the potential for wealth creation through individual stocks [10][15]. - The narrative suggests that the lessons learned from the dot-com bubble have led to a cautious approach towards individual stocks, but now there is a renewed opportunity to capitalize on them [16][20].