Jim Cramer: Strong Dollar Hurts Tech & Consumer Package Goods
Jim Cramer says the strong dollar has been hurting shares of technology and consumer package goods stocks.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says the strong dollar has been hurting shares of technology and consumer package goods stocks. "We're not using a strong dollar to worry about Cummins (CMI) - Get Report , and Caterpillar (CAT) - Get Report and that's rather extraordinary because they're the ones that are really hurt because that's a competitive advantage situation," Cramer says. Cramer also said his charitable trust purchased shares of Pepsico (PEP) - Get Report on Tuesday. Cramer spoke earlier from the floor of the New York Stock Exchange.
