According to Jim Cramer, these 5 industrial stocks should be on investors' wish lists.
- On Thursday, CNBC's Jim Cramer suggested five industrial stocks for investors to consider adding to their portfolios.
- The "Mad Money" host stated that after years of prioritizing growth at any cost, we are now in a "post-momentum, pivot environment" where Wall Street is seeking companies with solid foundations and easily justifiable valuations.
On Thursday, CNBC's Jim Cramer suggested five industrial stocks for investors to consider adding to their portfolios.
The "Mad Money" host stated that after years of prioritizing growth at any cost, we are now in a "post-momentum, pivot environment" where Wall Street is seeking companies with solid foundations and easily justifiable valuations.
Cramer named five industrial stocks that fit this requirement.
Here is the list:
Cramer began with nine industrial names but removed six due to the slowdown in the freight industry and rising trucking rates. He also eliminated two companies to avoid the housing market while mortgage rates increase.
Cramer's curated list of S&P 500 companies with reasonable valuations and great earnings growth was used to select the best travel and leisure, financial, and semiconductor stocks earlier this week.
"After spending a week highlighting these stocks, you now have 20 options to choose from. Please keep them on the shopping list," he instructed.
This week, Cramer showcased a list of growth stocks that offer competitive prices.
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