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After stocks fell on Tuesday and the S&P 500
recorded its longest slide since August, CNBC’s Jim Cramer told investors how to make the most of broad market losses.
“In a market like this, my favorite move is to buy small something out of favor that’s way down from its highs,” he said. “Ideally something that just reported a stellar quarter and is getting zero credit for it.”
Investors can use sessions like Tuesday’s to “pick up stocks of high quality companies that are outside the blast zone of the data center,” Cramer said, adding that he doesn’t think the market-wide decline is necessarily over. He added that it’s ok to “tiptoe into the data center world” by investing companies whose stocks have taken a huge hit even though business is actually going well.
