Don't 'rent' stocks in this treacherous market, says Jim Cramer

CNBC’s Jim Cramer on Tuesday warned investors to stay the course and ride out the turbulent market.

“You have to resist the urge to rent stocks because you’ll be dispossessed when the price inevitably drops. Instead, you should be willing to pick stocks that have dividend and appreciation protection, and more buy weak,” he said.

Stocks rallied for a second straight trading session on Tuesday on the heels of solid corporate earnings that followed a strong start to the earnings season.

Cramer, who said market rallies will remain temporary until the Federal Reserve tackles inflation, reminded investors that the market has seen interest rates – strong earnings reports are not enough to keep rallies going for long.

And while that doesn’t mean investors should sell their holdings, it does mean they need to be careful about the stocks they keep in their portfolios, according to Cramer.

“I suggest you find businesses you like, preferably ones with dividends that sell at inexpensive price-to-earnings multiples,” he said.

Jim Cramer lays out a game plan to weather the turbulent market

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