PFE - Jim Cramer Advises Investors To Brace For Economic Slowdown Shares Tips To Maintain Balanced Portfolio: 'I'm Not Telling You To Relax' | Benzinga
Jim Cramer, the host of CNBC’s “Mad Money,” has warned investors about the current state of the economy and suggested strategies to navigate the challenging period.
What Happened: Cramer, in his recent show, highlighted the importance of maintaining a balanced portfolio amid the ongoing economic slowdown, reported CNBC on Tuesday. He urged investors to be prepared for potential losses and suggested diversifying their holdings.
"I'm not telling you to relax, I don't do that on this show — not with the averages so close to all-time highs," he said. "I'm just saying we are going into the valley of death here, and you should fear no evil as long as you have a balanced portfolio."
Cramer specifically recommended stocks that are less reliant on the overall health of the economy. He mentioned tech giants NVIDIA Corp (NASDAQ:NVDA), Meta Platforms Inc (NASDAQ:META), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), and Apple ...