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We're buying the dips in 3 stocks muscled out by the market's mega-cap obsession

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Markets,Investment Strategy,Jim Cramer

We're making a handful of small buys in stocks that have gotten beaten up over the past couple of weeks as the market narrowed.

We're buying 100 shares of Best Buy at roughly $81 each; 25 shares of Danaher at roughly $239 each, and 60 shares of Stanley Black & Decker at roughly $78. Following Tuesday's trades, Jim Cramer's Charitable Trust will own 1,100 shares of BBY, increasing our weighting to 2.69% from 2.45%; 575 shares of DHR, increasing our weighting to 4.2% from 4%,; and 950 shares of SWK, increasing our weighting to 2.26% from 2.12%.

SWK YTD mountain Stanley Black & Decker YTD We'll also make a small buy in Stanley Black & Decker. The stock has been hit hard lately, falling alongside other housing-related and home improvement stocks on the recent spike in bond yields and an earnings warning from Pool Corp . Still, we are willing to be patient with this hand tools company that is working on its turnaround and slowly scale in on the stock's way down.

 

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