Jim Cramer: The Cramer Covid-19 stocks can still lead us higher

"Mad Money" host Jim Cramer highlights market moves in a handful of tech stocks. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

The stay-at-home plays led the stock market higher Thursday as lawmakers continued to bicker over what to include in a new coronavirus response package, CNBC’s Jim Cramer said after the market closed.

The market managed to climb higher, despite no significant developments coming out of Washington, D.C. nor on the Covid-19 vaccine front, the “Mad Money” host said. The major averages made gains the day prior on hopes that Congress would soon strike a deal on additional recovery spending.

“No vaccine news whatsoever and no federal assistance whatsoever — you might think that sounds like a bear [trigger], but as we saw today, the Cramer Covid-19 stocks can still lead us higher,” Cramer said.

Tech stocks led the way as the tech-heavy Nasdaq Composite surged above the 11,000 level for the first time and closed at another record high. The index gained 1% during the session to close at 11,108.07. The Dow Jones advanced more than 185 points, or 0.7%, to settle at 27,386.98 while the broad S&P 500 index moved 0.6% to 3,349.16.

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