CNBC’s Jim Cramer (Jim Cramer) on Thursday offered a reason for requiring investors to contact companies that have been impacted by ongoing global chip shortages and stocks.
“I think today is an important lesson, you need to have a diversified product portfolio with multiple chimneys at the same time [stocks] “Using semiconductors… also have defensive food inventories with high dividends,” the “Crazy Money” host said.
Kramer said that Apple, Caterpillar and Ford̵
Kramer said that as money managers entered some defensive names, food stocks such as PepsiCo, Mondelez and Hershey were also bought. He pointed out that in the context of disappointing earnings results, the decline in numbers and drug inventories has promoted the growth of defensive investment.
When talking about Mondelez, Cramer said: “Even today’s rotation, it is wrong to sell chip stocks or even chip Ahoy type microchips.” “Give it six to nine months and then… [companies] Those products that require semiconductors will make a comeback. “
Disclosure: Cramer’s charitable trust owns shares in Apple and Ford.
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