Jim Cramer of CNBC analyzes three potential recession scenarios. A different set of investments would be needed to survive a mild, moderate, or severe storm. Should they occur, each type of situation would call for a particular investment setup for each client. Cramer tells viewers to be picky in their investing decisions in the event of a minor recession. According to the former hedge fund manager, investors should only purchase high-yielding equities once interest rates begin to decline. He counseled viewers to “purchase the ultimate defensive plays” during a severe recession.
Insider Monkey picked the 10 stocks that Jim Cramer is talking about. One of the most shorted companies on the market is Lemonade, Inc. . Given that the company continues to experience net losses, Lemonade has a short interest of over 30%. The share price has decreased by over 77 percent during the last year. Steel products are produced and sold by Nucor Corporation. Cramer emphasized that the business was one of the few steel equities available for purchase. The business just released its financial results for the second quarter of 2022, exceeding expectations by $200 million in both revenue and earnings per share. Mining company Barrick Gold Corporation has significant holdings in copper and gold. Cramer has recently expressed optimism in the company. The company has a well-defined strategy, a portfolio of gold mines that is geographically diverse, and a “terrific” dividend choice. Flex Ltd. offers solutions and services for the supply chain. In terms of revenue and earnings per share during the fourth fiscal quarter, the company exceeded market expectations. Flex Ltd. shares was raised by Argus analyst James Kelleher in May from Hold to Buy. An independent oil and gas company is Pioneer Natural Resources Company. Recently, Cramer appeared on CNBC to discuss his positive outlook for oil. Pioneer’s yield stood at 14%, so it could have been wise to hold off until it reached 16%. For more details, click Jim Cramer Is Talking About These 10 Stocks.
