‘Forget FAANG' and Focus on Value Stocks in the Current Inflationary Environment, Jim Cramer Says

CNBC's Jim Cramer on Monday advised investors to turn away Big Tech and other growth stocks that are likely to be hard hit as the Federal Reserve raises interest rates.

"For the moment, I do think we have to forget most of FAANG and focus on the money centers. The oils, Retailers with tremendous scale. Health insurers. Big pharma," the"Mad Money" host said. CNBC's Jim Cramer on Monday advised investors to turn away Big Tech and other growth stocks that are likely to be hard hit as the"For the moment, I do think we have to forget most of FAANG and focus on the money centers. The oils. Retailers with tremendous scale. Health insurers.

United States United States Latest News, United States United States Headlines

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

Russia's war will reorient global energy flows and these stocks stand to benefit, says BernsteinMoving away from Russian energy means billions of dollars in new infrastructure spending, and these names stand to benefit, according to Bernstein. 🤩🤩🤩❤❤😍😍❤❤🤩🤩🤩 🇺🇦🙏🏼
Source: CNBC - 🏆 12. / 72 Read more »

JPMorgan's trading guru Kolanovic says take profits now on U.S. stocks, add to emerging marketsA top Wall Street strategist is shifting his recommendations after a rebound in U.S. stocks.
Source: CNBC - 🏆 12. / 72 Read more »