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Cramer: Get ready to buy these stocks as the market awaits a rate cut

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Your job is to sit tight and find high-quality stocks to stick with for as long as the underlying business stays strong, Jim Cramer says.

. The current benchmark rate stands at 2.25% to 2.5%. Fed Chair Jerome Powell initially planned to continue raising rates in 2019, but shifted his outlook in the months following a rate hike last December that induced a brutal market-wide sell-off.

"When this kind of rotation gives you a pullback in a group like the 'Cloud Kings,' that's a long-term buying opportunity," Cramer said. "Just remember that you can afford to take your time ... [because] I don't think" the rotation has ended.Questions for Cramer?

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귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

THIS is what bullshit faux markets look like. If the U.S economy is “BOOMING” as they portend, there would be no need for the fed to have been continuously spoon feeding them money since 2007 !!! Jus’ sayin’

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