Jim Cramer says he likes stocks in these 4 industries over tech right now

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Tech stocks have been battered this year by persistent inflation, the Federal Reserve's interest rate increases, the war in Ukraine and lockdowns in China.

"Why rubberneck when you can invest in stocks of companies that have a lot going for them? I think that's much better than sifting through the wreckage of tech simply because their stocks are down a great deal," he said.

While some tech firms remain profitable and their stock looks like bargains, investors are better off positioning themselves elsewhere, according to Cramer. His advice on Tuesday echoesfor investors to buy recession-resilient stocks rather than stick with struggling tech companies.

 

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I sure hope people don't actually take this guys advice....

I had the honor of meeting Jim Cramer 4 years ago, the man is clearly washed up now

Lose this guy. He's bad for your brand.

Finally Tech may have bottomed 🤡

He should have been fired off the air a long time ago!

😹😹 Everytime there’s Jim in the headline I read the comments before reading the article or watching the video , this inverse Jim trend is so funny 😹

Down we go

Short them

Well. At least he didn’t mention weed stocks

R.I.P. to those 4 industries.

No one cares what he thinks

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