Jim Cramer advises investors to sell these groups of stocks 'whenever they bounce'

The coronavirus outbreak and associated lockdowns have drastically redirected or wiped out consumer demand, and economic activity has nearly evaporated, creating an uncertain future for many businesses.

" host said. "These stocks are this market's Achilles heel, and whenever they bounce, you've got to sell them and swap into the winners, like the tech and health-care companies that are helping us overcome the pandemic."Millions of people are now working, studying and doing most other things from home. Additionally, tens of millions more have lost their jobs in the past four weeks. As more time is spent at home, less is spent on the road.

"If we're no longer commuting to work, that means we use a lot less gasoline," Cramer said. "That whole group's untouchable, and those big dividends [are] not safe."Whenever the federal government decides to lift travel restrictions, the airline industry may find a slump in business travel demand, Cramer said. Remote work tools, such as

Cramer advice? Fool me once, shame on you. Fool me twice, shame on me. Don’t be a fool.

Gotta be read carefully

I’m from Australia, and I’ve just started watching Jim-has he got a clue? Is he rich or poor-that normally is a clue?!

You sell...I’ll buy

I agree but I bought $COP and $EOG at such a good price, I couldn’t resist. I’ll probably hold them for quite a while.

I agree, but once the pandemic is gone, I expect the cosumers to rush to get back what they've missed. Vacuum will be filled up quickly.

Wow!

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Investing strategy for coronavirus recovery, tips to boost returns - Business InsiderJim Paulsen of Leuthold Group says the time is right for investors to carefully use the market's recent volatility to their advantage. He is from the 'Sell' side, right? All righty, then.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Stock market live updates: Dow futures up, bracing for jobless claimsStocks are coming off a major sell-off on Tuesday from dismal earnings and economic data. Keeping realDonaldTrump and the GOP in office America will lose 85% of America. Dont wait 🤔do it now 👉🏽2/3 remove 25AmendmentNow Headline bracing for jobless claims. Really, why this nonsense headline. Does this number matter at this time. The disconnect between Wall St. and Main St. is even more astounding during a pandemic
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

European stocks open higher after worst day in nearly three weeksEuropean stocks opened higher Thursday, after the Stoxx Europe 600 undefined on Wednesday suffered its biggest single-day loss in nearly three weeks. The...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »