Deep research on an individual stock will guide investors far better than relying on macro strategy to pick investments, CNBC's Jim Cramer said.The "mosaic" might not make sense, but the individual components do, Cramer continued.Bear strategists are wrong because they 'refuse to get in the weeds' of companies, says Jim CramerInvestors should be wary of bearish strategists who opt for a macro view and instead focus on individual companies, CNBC's Jim Cramer said Monday.
"You always hear about missing the forest for the trees, but when you're picking stocks, it's just as important not to miss the trees for the forest," Cramer said. In a market where idiosyncratic performers are plentiful, following one-size-fits-all macro advice can leave investors confused, Cramer says. That's why it's crucial that investors focus on the details of each company instead.
Cramer pointed to outsize performers in myriad industries that would have been written off by those same bearish strategists. Investors might expect that industrial and homebuilding stocks would be suffering given the continued rate hikes, Cramer said. But industrial names like