CNBC Television Jim Cramer says he likes Morgan Stanley and health insurer Centene amid market rotation

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Wall Street appears to be shifting out of winning technology stocks into parts of the market that have lagged, CNBC’s Jim Cramer said Monday while detailing a strategy for investors to play the rotation. Sign up and learn more about the CNBC Investing Club with Jim Cramer  “The gap between the Nasdaq haves and the S&P 500 have-nots had finally become so untenable this morning that money managers, at least some big ones, decided they had to take profits in tech after a fabulous run-up and swap into something else,” Cramer said, as he sought to explain why the Nasdaq set an intraday record Monday before reversing course and closing lower by %. The “Mad Money” host said he expects this move to play out over a few days, suggesting investors fight the urge to buy tech stocks in a bet they’ll roar right back. “I’d rather find companies that did well in earnings season and got trampled on unjustly in the last few weeks because they weren’t part of the Nasdaq stampede. That way you can fall back on the fundamentals — those still matter — and buy more if they end up going lower,” he said. Here are the stocks Cramer believes fit that criteria: Morgan Stanley The investment bank has “done everything right during this period, but because of the inane rotation out of the financials, the stock has been crushed” and now trades at just 12 times earnings, Cramer said. “If Morgan Stanley’s stock keeps coming down, I’m confident that I’ll tell [CNBC Investing Club] members to keep buying it because it’s so darn cheap.” Centene The health insurer is buying back a lot of stock and trades on the cheap at just 14 times earnings, Cramer said. Centene also stands to benefit from any expansion of Medicare or Medicaid benefits, which the White House supports, he said. Johnson & Johnson Cramer said he likes the pharmaceutical giant’s 2.6% dividend yield when compared with Treasury yields, and he believes Johnson & Johnson’s plans to split its consumer products unit into a separate company is wise. “The pure-play drug business that will be left will be the fastest-growing big pharma company in the universe. It should become an instant market darkling,” he said. UPS The delivery company plays a key role in growing e-commerce sales, Cramer said, and management has expressed confidence about a strong holiday season. “With the rails roaring, I think that UPS is now going to catch fire, a fire that burns for days if not weeks into the Christmas holiday,” Cramer said. » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV