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Jim Cramer says these 12 stocks aren’t ‘your father’s cyclicals’
CNBC’s Jim Cramer said Wednesday he thinks many investors are wrong about 12 companies that historically were considered cyclical stocks.
Stocks that were once subject to the whims of the macroeconomic market have moved to reposition themselves. $United Rentals (URI.US)$ $Caterpillar (CAT.US)$ $Parker Hannifin (PH.US)$ $Dover (DOV.US)$
CNBC’s Jim Cramer said Wednesday he thinks many investors are wrong about 12 companies that were historically considered cyclical stocks.
“These are not your father’s cyclicals,” Cramer said.
Historically, Cramer said, these stocks tended to be swayed by the broader macroeconomic picture, and by prognostications from Federal Reserve officials. But this “dirty dozen” isn’t so dirty anymore, he said.
“These are not your father’s cyclicals,” Cramer said.
Historically, Cramer said, these stocks tended to be swayed by the broader macroeconomic picture, and by prognostications from Federal Reserve officials. But this “dirty dozen” isn’t so dirty anymore, he said.
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