Skip to main content

Market Overview

Cramer Says The Financial And Healthcare Sectors Might Have Hit Bottom (HUM, XOM, WHR, DOW, RL, CSCO, CLX, MA, WY)

Share:
Cramer Says The Financial And Healthcare Sectors Might Have Hit Bottom HUM, XOM, WHR, DOW, RL, CSCO, CLX, MA, WY

In his "Mad Money" TV show on Friday, Jim Cramer told his viewers that the going has become tough, with markets taking a beating for another day. Jim said that only a few stocks are surviving unscathed and that he would use any improvement in the market to sell stocks. However, it does not mean that the market trends will continue to deteriorate.

According to Cramer, the financial and healthcare stocks have suffered most of the beating and have reached a bottom and will recover sooner than expected as Obama’s serious reforms are not getting any votes. For the remaining sectors, he suggests a “wait and watch” approach.

While Jim will be watching Humana (NYSE: HUM) and Exxon-Mobil (NYSE: XOM) today, his focus will be on Whirlpool (NYSE: WHR) and Dow Chemical (NYSE: DOW) on Tuesday. He intends to watch Polo Ralph Lauren (NYSE: RL) and Cisco Systems (NASDAQ: CSCO) to get a better view on the retail and technology sectors. On the last trading day of the week, we will be vigilant on Clorox (NYSE: CLX), MasterCard (NYSE: MA) and Weyerhaeuser (NYSE: WY) to have a final view of the market.

 

Related Articles (CSCO + CLX)

View Comments and Join the Discussion!

Posted-In: CNBC CNBCNews Short Ideas Global Analyst Ratings Media Trading Ideas

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com