Charts suggest investors should bet on ‘work horses’ in the Dow Jones Industrial Average, Jim Cramer says

Jim Cramer went off the charts with analysis from legendary technician Larry Williams.

CNBC's Jim Cramer on Friday told investors to steer clear of stocks in the Nasdaq Composite and instead place their bets on names listed in the Dow Jones Industrial Average.

Stocks rose on Friday to close out a positive week for all three major indexes. The Nasdaq has climbed 11% this year, as investors have bet on less aggressive interest rate hikes from the Federal Reserve.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer gives his take on the labor market, wage inflation and the Federal ReserveCramer gave his take on the state of the labor market on Thursday.
Read more »

Jim Cramer's Investing Club meeting Friday: Inflation, semiconductors, SalesforceInvesting Club: 3 investing lessons from the Club’s meeting Friday: Inflation, semiconductors, Salesforce
Read more »

Jim Cramer Explains What’s Behind Recent Crypto SurgeThe prominent financial analyst believes that Bitcoin managed to recover due to price manipulation
Read more »

Elon Musk Says Tesla's Closest Rival Will Come Out Of China | CarscoopsElon Musk Says Tesla's Closest Rival Will Come Out Of China | Carscoops carscoops
Read more »