market Commentator Jim Cramer It has reportedly said that investors should focus on in-depth research on individual stocks instead of relying on macro strategies to decide investments.
What happened: “You always hear about missing the forest for the trees, but when you’re picking stocks, it’s equally important not to miss the trees for the forest,” Cramer said. According for CNBC reports.
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Talking about why it is important for investors to pay attention to the details of individual companies, the market expert said that following one-size-fits-all macro advice can confuse investors in a market full of cynical artists. Is.
Cramer’s remarks come at a time when market participants are eagerly awaiting the outcome of the meeting. President Joe Biden and house speaker Kevin McCarthy Regarding the debt ceiling crisis. Investors and businessmen are also looking forward to the release of inflation data.
SPDR S&P 500 ETF Trust Spy closed 0.027% higher on Monday while Invesco QQQ Trust Series 1 QQQ increased by 0.25%.
artist: in view of the constant increase rates by federal Reserve, investors can expect losses in industrial and home construction stocks. However, industrial names prefer general electric company ge Well done, Cramer said. He also lauded the “housing stalwarts”. KB Home KBH And Lennar Corporation lane
Market expert highlights healthcare names Abbott Laboratories abt And Medtronic plc mdt and said user name like Campbell Soup Company cpb And PepsiCo Inc. Passion “Everything looks good now.”
“Individually, you can make a case for any of these groups,” Cramer said, “but collectively, the mosaic doesn’t seem to make sense.”