Cyclical stocks may have fallen out of favor with the average investor, but CNBC's Jim Cramer says he has a dozen companies that investors should consider.
While acknowledging that historically the stocks he was about to mention tend to be subject to macroeconomic pressures, the stocks he picked "are not your father’s cyclicals,” as he told CNBC viewers Wednesday on Mad Money.
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Those stocks include:
- Cummins
- Ingersoll Rand
- Eaton
- Parker-Hannifin
- Carrier
- Trane
- Caterpillar
- Dover
- Paccar
- Johnson Controls
- United Rentals
- Rockwell Automation
Part of their appeal is that these companies have figured out how to survive the push to decarbonize and move towards a greener future.
“The transformation is real,” Cramer said. “Saving the planet’s become a much more reliable business than despoiling it.”
Cramer's Takes on China
Cramer has been giving stock advice for decades and sometimes his views are controversial.
On March 7, the Mad Money host said that he does not think investors should bet on Chinese stocks, and gave a philosophical reason why.
He has said similar things in the past, citing the fact that China's government plays a big role in the country's stock market.
Cramer's argument has centered around the fact that China has been engaged in a regulatory crackdown on its tech companies due to antitrust issues and data security.
Now he is suggesting that geopolitics should also play a role in an investor's stock purchases.
"I know people can't bear not being invested in Chinese equities," he tweeted. "But remember that investing in a country your nation is at war with -- even if it is a cold one -- has been a very dicey game."
