J&J, Abbott Labs And JPM Among Jim Cramer's Top Picks As Market Shifts Focus From Tech
Portfolio Pulse from Benzinga Neuro
CNBC's Jim Cramer has identified potential winners as the market shifts focus away from tech. He highlighted sectors such as industrials, healthcare, and financials. His top picks include Johnson & Johnson (JNJ), Abbott Labs (ABT), JP Morgan (JPM), Wells Fargo (WFC), and Bank of America (BAC). He also suggests looking at the utilities sector but warns investors to understand the fundamentals of a company before investing.
July 21, 2023 | 10:07 am
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POSITIVE IMPACT
Abbott Labs is highlighted by Jim Cramer as a potential winner as the market shifts away from tech.
Jim Cramer's endorsement could lead to increased investor interest in Abbott Labs, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Bank of America is identified by Jim Cramer as a potential beneficiary of the market's shift away from tech.
Jim Cramer's endorsement could lead to increased investor interest in Bank of America, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Johnson & Johnson is among Jim Cramer's top picks as the market shifts focus from tech.
Jim Cramer's endorsement could lead to increased investor interest in Johnson & Johnson, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
JP Morgan is identified by Jim Cramer as a potential beneficiary of the market's shift away from tech.
Jim Cramer's endorsement could lead to increased investor interest in JP Morgan, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Wells Fargo is among Jim Cramer's top picks as the market shifts focus from tech.
Jim Cramer's endorsement could lead to increased investor interest in Wells Fargo, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80