With the economic slowdown in mind, CNBC’s Jim Cramer on Monday took time to review the stocks that he says big fund investors are turning their attentions to for the rest of the year.
Money managers at the big financial institutions have the most influence of prices on Wall Street, and understanding how those traders think is the best way to gauge which way that assets on the market will swing.
The “Mad Money” host ran through six stocks that he says viewers should be keeping their eyes on.
“These six slowdown … stocks have been anointed by Wall Street. They aren’t going away,” Cramer said. “They’ll be the second-half winners that the big money guys just can’t get enough of. Memorize them, people, because I bet they keep winning for the rest of the year.”
1. Estee Lauder
Estee Lauder, the skincare, hair care and makeup brand, is a great play on the “selfie generation where everyone has to look good anytime they step outside,” Cramer said. The stock has gained more than 33% this…