Cramer lists 5 stocks that might be worth buying into during 'any bout of weakness'

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

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

CNBC's Jim Cramer on Thursday he listed five stocks he thinks investors could buy into during any bout of weakness.

: Cramer said American Airlines, which is now down 13% month-to-date, according to FactSet, was performing well earlier through the spring and early summer. But it has since pulled back from those highs, he said, adding that many airlines have been feeling the sting of recent consumer weakness.

Cramer acknowledged these industry-wide worries, suggesting investors put money into airlines with "the best international exposure," including American, United and Delta.: Bank of America is down more than 10.50% month-to-date, according to FactSet, in part due to fears of slowing loan growth and new banking regulations, according to Cramer. He added that when the Federal Reserve tightens, Bank of America gets higher net interest margins, which makes them more profitable.

 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Jim Cramer's top 10 things to watch in the stock market ThursdayThe Nasdaq is set for a higher open, supported by Nvidia's beat and stock pop that added more fuel to the AI trade
Source: CNBC - 🏆 12. / 72 Read more »

With retail companies reporting consumer weakness, Cramer says stick to techCNBC’s Jim Cramer on Wednesday discussed Wall Street’s attitude towards consumer-focused companies.
Source: NBCLA - 🏆 319. / 59 Read more »

With retail companies reporting consumer weakness, Cramer says stick with techCNBC's Jim Cramer on Wednesday discussed Wall Street's attitude towards consumer-focused companies.
Source: CNBC - 🏆 12. / 72 Read more »