Sometimes pros buy high and sell higher. Jim Cramer crunched the numbers to determine which leaders might continue to drive the market in Q2.
Looking at the 10 best stocks Cramer said, "I see plenty of potential for repeats." However at least 3 will probably run out of gas.
"First, up, we've got Netflix," Cramer said. "It was the leader in the S&P 500, up more than 100%, and despite its run I think the stock has a strong chance of going higher." Cramer thinks Netflix has a few favorable trends, some of which are in their infancy. "First, after believing that Netflix could be an enemy, the major producers of content have decided to endorse it as a friend," Cramer said. Also, independent networks are producing more and more series and Netflix can offer instant distribution.
In addition, Cramer sees Netflix as a stealth housing play. "The more homes built, the more Netflix subscriptions increase. It's a natural tailwind," he said. "And finally, I do believe that Netflix remains a takeover target, most particularly for Apple which needs a mobile content offering as well as something proprietary to run on Apple TV."