Mike Blake | Reuters
After a brutal trading day on Wall Street, Cramer shined a light on a number of sectors where investors can search for buying opportunities in a market shaken up by escalating trade tensions., known as the VIX, has more than doubled in the past six trading days as the major U.S. indexes have all plummeted in the past week. A high VIX measure indicates a risky market.
The host labeled retail, pharma, tech, fossil fuels and the industrials areas are tough to invest in here as companies with Chinese exposure are expected to cut forecasts in the wake of tariff threats on remaining imports from China. But investors will be able to start new positions in a number of stocks that have sold off too much, he said.
"Remember, in harsh sell-offs like this one, you wait for stocks to go down and then you start picking among the rubble on the fifth day, searching for the ones that were punished for the wrong reasons," Cramer said. "You need to buy small to start and then again and again, and let's see what happens" after that, he added.
Jim Cramer : stocks :: Mike Francesa : game picks TakeMyShirtPlease BackAftaThis
Screw Cramer. We have bigger things on our plate right now. Probably not goo to be investing in anything at the moment.
Almost 40 times earnings. Not exactly cheap.
Because of no innovation ...
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Because looking backwards it’s barely pulled back over the past 10 yrs and enough time has gone by to say with confidence to make you seem like you have more insight than anyone who can look at a chart?
Россия Последние новости, Россия Последние новости
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