Jim Cramer identifies 5 bargain stocks to buy amid market rotation following June jobs report
By
Alexa LoMonaco
1d ago· 3 min readenNews
Summary
CNBC's Jim Cramer advises investors not to fear the current market rotation, but instead view it as a buying opportunity for high-quality stocks that have been temporarily pulled down by institutional selling. He identifies five specific stocks to buy during this rotation, which was triggered by the June jobs report showing a slowdown in hiring. Cramer suggests that large money managers repositioning their portfolios creates bargain opportunities for savvy retail investors.
Source
bskyJim Cramer identifies 5 bargain stocks to buy amid market rotation following June jobs reportcnbc.comKey quotes
· 3 pulledIf you can spy a rotation and figure out what the theme might be, you can identify some incredible bargain stocks.
Monday's action followed last week's June jobs report, which pointed to a slowdown in hiring from the prior month.
Cramer said that prompted some large money managers to reposition their portfolios.
CNBC's Jim Cramer said investors should use the latest market rotation as an opportunity to buy high-quality companies.
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