Jim Cramer: Dollar Is Going Down, I Like Banks

The dollar is going down and bank stocks like Citigroup look good because the Fed will lift rates later this year, says Jim Cramer.
Author:
Publish date:

The dollar is going down and bank stocks like Citigroup (C) - Get Report look good because the Fed will lift rates later this year, said TheStreet's Jim Cramer. He said technology is most troubling right now because of faster than expected cloud adoption. He also likes GE (GE) - Get Report when it comes to industrial names.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.