Buy nickel miners
, Jim Cramer said Wednesday on
"Stop Trading!" segment.
Cramer said a recent rise in the crucial Baltic Dry Index shows that there's "no global economic slowdown." By contrast, Cramer said, "the world is growing too fast" for the
comfort when it comes to inflation.
Cramer said growth overseas -- particularly in China -- will power shares of nickel producers like Lundin and Rio higher in coming weeks and months.
Cramer said investors should steer clear of tech, which he called "a bad area like housing." He said
is worrisome because of sloppy lending practices but better off than its mortgage-heavy rivals because of its big deposit base.
At the time of publication, Cramer had no positions.
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