Big Tech stocks become attractive when investor worries about inflation and interest rate hikes rise, CNBC's Jim Cramer said.
"Hyper-growth tech stocks are actually what works best during a slowdown,” the "Mad Money" host said.
"I don't think [Fed Chair Jerome] Powell's going to change his stance, but there are a lot of money managers who disagree," he said.
Money managers began moving into tech stocks as a hedge against inflation and Fed rate hikes, CNBC's Jim Cramer said Tuesday.
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Tuesday, July 13, 2021
By Mia