Q3 winners could keep running into year-end, says Jim Cramer
CNBC Televisionยท2025-10-01 23:49
Market Overview - The market's third-quarter winners are often bought in the fourth quarter by money managers [2] - Drug stocks experienced a rally after the president forced them to lower prices on some drugs [3] - The Dow gained 43 points, S&P advanced 034%, NASDAQ climbed 42% [3] Top Performing Stocks - AppLovin, a mobile technology company, rallied 105% in the third quarter [4] - Western Digital increased almost 88% for the quarter in data storage [6] - Seagate Tech increased nearly 64% in data storage [6] Company Analysis - AppLovin is not consumer-facing and helps app developers make money by selling advertising space within their apps [4] - Western Digital and Seagate are data center plays focused on data storage [6]