CNBC’s Jim Cramer offered a list of stocks to buy on Friday if the market declines.
“I was very disappointed in the performance of the tech stocks today … That said, I think the market will let you into the best ones and you’re going to get better prices again,” the “Mad Money” host said Thursday.
While stocks jumped on Thursday on the heels of the softer-than-expected PPI reading, they slumped by the end of the trading session. The tech-heavy Nasdaq Composite and S&P 500 both ended down while the Dow Jones Industrial Average closed slightly up.
Cramer said that if the market takes a hit on Friday, there are several stocks investors should consider buying.
Here are his stock picks:
The July producer price index on Thursday showed a decline from June, with the PPI decreasing 0.5% compared to an expected 0.2% gain, according to Dow Jones estimates. The report comes…