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Jim Cramer Says Cyclicals Are 'Still on Fire,' Buy Boeing

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Stocks were pushing higher in intraday trading with the Dow, S&P, and Nasdaq pushing higher. 

The Dow and S&P 500 finished higher Tuesday after Federal Reserve Chairman Jerome Powell, in testimony before the Senate Banking Committee, assured investors the central bank was a long way from scaling back its ongoing support of the U.S. economy. The Dow at one point Tuesday had been down as much as 362 points, TheStreet's Joe Woelfel noted.

In the video above, Jim Cramer breaks down why his attention is on Action Alerts PLUS name Boeing  (BA) - Get Boeing Company Report

Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Wednesday

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