The key takeaway from Fed Chief Yellen's remarks on Wednesday is that the underlying economic environment looks brighter and that will be good for corporate growth, says Wedbush Securities' Sahak Manuelian. Manuelian says the recent market weakness over the past few weeks means traders were already starting to price in a rate hike in 2015. For investors looking to play the economic improvement thesis, Headwaters (HW) and Humana (HUM) are two of the stocks on Wedbush's recommended list.

More from Video

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Why Starbucks Latest Data Reveal Should Worry Investors

Why Starbucks Latest Data Reveal Should Worry Investors

Buick's $40,000 Tough-Looking Station Wagon Is a Worthy Driveway Addition

Buick's $40,000 Tough-Looking Station Wagon Is a Worthy Driveway Addition

Trump's Tariff Attack Hasn't Brought Pain to These Hot Stocks

Trump's Tariff Attack Hasn't Brought Pain to These Hot Stocks