Jim Cramer Says Start Buying Hated Stocks
The markets change every day. See what Cramer has to say Wednesday.
Stocks were trading higher in intraday trading Tuesday after President Donald Trump suggested he was considering a capital gains tax cut to help create more U.S. jobs and Russia said it registered the world’s first COVID-19 vaccine.
Russia said it has formally approved a vaccine against the coronavirus, marking a new chapter in the global race toward finding a viable antidote to fight the deadly pathogen.
From ETF Focus: If Russia Has Vaccine, Could Be Bad News for Gold
Russian President Vladimir Putin announced Tuesday that Russia's health care regulator approved a COVID-19 vaccine, though the vaccine has yet to complete clinical trials and no information about any late-phase testing has been published.
The Russian leader added that one of his two adult daughters has received two shots of the vaccine. “She has taken part in the experiment,” Putin said, not naming which of his two daughters had been inoculated.
This comes as the case count of the coronavirus worldwide surpasses 20 million with over 736,000 deaths.
And, according to Johns Hopkins, the U.S. has surpassed 5 million cases with over 163,000 deaths.
More: Jim Cramer Explains Importance of His Mask Challenge
And Jim Cramer says that he believes that the rotation is "for real." Cramer said now is the time to sell the stocks you love and start buying the ones you hate.
See which names are topping his attention in the video above.
You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.
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