Cramer's lightning round: Financial stocks are off limits until the yield curve improves

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Jim Cramer takes calls and delivers answers on viewers' stock picks of the day.

: "We're not going to buy any financials until they go lower because there's just too much, again, there's too much confusion.

As long as the yield curve stays the way it is, no one's going to recommend any stock that is like Morgan Stanley even as Morgan Stanley is a great stock. You have to hold it, but don't buy."WATCH: Cramer's lightning round

 

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

Didn’t Cramer and his entire CNBC possy just advocate two weeks ago for financial stock? How the times have changed...

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