Jim Cramer reviews 6 stocks that 'have been anointed by Wall Street' amid an economic slowdown

  • 📰 CNBC
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

'They'll be the second-half winners that the big money guys just can't get enough of,' Jim Cramer says.

"These six slowdown … stocks have been anointed by Wall Street. They aren't going away," CNBC's Jim Cramer says.

"They'll be the second-half winners that the big money guys just can't get enough of," the "Mad Money" host says.on Monday took time to review the stocks that he says big fund investors are turning their attentions to for the rest of the year. Money managers at the big financial institutions have the most influence of prices on Wall Street, and understanding how those traders think is the best way to gauge which way that assets on the market will swing."These six slowdown … stocks have been anointed by Wall Street. They aren't going away," Cramer said. "They'll be the second-half winners that the big money guys just can't get enough of.

Cramer endorsed CEO Fabrizio Freda, who launched a mentor program in which the company's younger staff educates its more seasoned workers on the latest trends, as "one of the smartest executives I have ever met." While China remains a risk, the company said in its May earnings report that it is "optimistic" about the ongoing long-term growth in the country.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trump advertises for McDonalds enough to keep it up, with his blood pressure.

Pretty easy to pick stocks that have already had a big bull run. That may or may not continue. If the economy slows disposable income drops which hits about half his picks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cannabis Industry Tackles Justice Reform With ‘Last Prisoner Project’Jim Belushi is standing two feet away in the backyard of his spacious Brentwood home, honking a harp like he’s a Blues Brother back in sweet home Chicago accompanied by noted reggae band Rebelution…
Source: Variety - 🏆 108. / 63 Read more »