Consistently growing stocks are out and cyclical stocks are officially back in on the market as big fund investors rotate holdings based on their emotion, CNBC’s Jim Cramer said Tuesday.
Wall Street saw a mixed day of trading with the Dow Jones Industrial Average adding 73 points and the S&P 500 inching up 0.03%. The Nasdaq Composite went 0.04% the other way.
The market is a reflection of how institutional investors see the future. Cramer recommended that individual investors don’t try to game the rotation.
“I think you need to view it as an opportunity to get in, not get out,” the “Mad Money” host said. “If a high-quality stock is down enough, like Merck was this morning, then that’s your…