Submit your comments on this article |
Economy |
Jim Cramer offers his favorite stock picks for 3 possible recession scenarios |
2022-07-22 |
[CNBC] CNBC’s Jim Cramer on Thursday gave investors his top stock picks for three different recession outcomes. "We’ve got mild, we’ve got moderate and we’ve got severe. ... . Can we avoid a recession altogether? There’s always the chance," but investors shouldn’t hold their breath, he said. Investors have piled into tech stocks this week, betting on a market bottom and driving this week’s rally. All the major averages gained on Thursday. The "Mad Money" host said that while he’s outlining three possible scenarios for the economy and his favorite stocks for each, investors shouldn’t build their portfolios by betting on just one outcome. "You need something for every possibility," he said. Here are his top stock picks for a possible mild, moderate or severe recession. |
Posted by:Besoeker |
#4 Jimmy - you forgot to add Bear Stearns to your list! |
Posted by: Raj 2022-07-22 20:23 |
#3 If you believe you should "invest" in anything you are told about on TeeVee, please contact Riverboat Slim at 1-800-YOU-SUKR... |
Posted by: M. Murcek 2022-07-22 14:50 |
#2 Disclosure: Cramer’s Charitable Trust owns shares of Amazon, Constellation Brands, Coterra, Johnson & Johnson and Pioneer Natural Resources. Pump&Dump |
Posted by: Skidmark 2022-07-22 14:46 |
#1 Screw Jim Cramer, I want Pelosi's picks. She is a stock genius. |
Posted by: Super Hose 2022-07-22 12:22 |