Jim Cramer says to parse the Dow for recession-resilient stocks

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Jim Cramer connected  The Fed's hawkish ostentation  comments connected  Wednesday

CNBC's Jim Cramer connected Thursday advised investors connected wherever to look for stocks that tin withstand a imaginable economical downturn.

"The Dow Jones Industrial Average is filled with comparatively inexpensive stocks due to the fact that traders presume these 30 old-line companies are the astir susceptible to a recession. But that's not true: That's wrong. The Dow components each cognize however to grip a recession," helium said.

Dow stocks that Cramer has touted arsenic recession-resilient names successful caller weeks see Johnson & Johnson and Procter & Gamble

The Federal Reserve indicated that it doesn't program to halt raising involvement rates anytime soon aft its gathering connected Wednesday, which has rocked the markets and accrued Wall Street's fears of a imaginable recession.

Stocks fell connected Thursday for a 4th consecutive trading session, with the Dow falling the slightest of the large indexes, by percentage. The bluish spot scale slipped 0.46% portion the S&P 500 and Nasdaq Composite mislaid 1.06% and 1.73%, respectively.

Cramer besides reiterated his proposal to merchantability volatile tech stocks successful favour of financial, lipid and wellness attraction names. Those stocks "can spell up without causing ostentation due to the fact that they're much conservative," helium said.

Disclaimer: Cramer's Charitable Trust owns shares of Johnson & Johnson and Procter & Gamble.

Jim Cramer says to parse the Dow for recession-resilient stocks

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