economy
Jim Cramer says look to buy these 5 stocks outside the AI trade for diversification
CNBC's Jim Cramer said investors should consider adding exposure to out-of-favor sectors if investors begin rotating away from high-flying technology stocks.
TL;DR
- Jim Cramer believes certain beaten-down stocks could outperform if the AI trade cools.
- He suggests looking at sectors like financials, healthcare, consumer staples, and restaurants for opportunities.
- Specific stock mentions include JPMorgan Chase, Johnson & Johnson, Kimberly-Clark, McDonald's, Yum! Brands, and Kraft Heinz.
- Concerns about stock supply, particularly from Alphabet and potential IPOs like SpaceX, Anthropic, and OpenAI, could pressure tech stocks.
- The significant capital needed for AI infrastructure buildout might also lead to stock issuance, impacting the tech sector.