After a calamitous day of stock trading Thursday, CNBC’s Jim Cramer broke down where investors can find buying opportunities in the market.
“In a tough market, you need to circle the wagons around the few good names you feel comfortable buying and then buying more if they go lower, because they might in case the neophytes are in there,” the “Mad Money” host said. “And those recovery plays, sadly, they’re not recovering.”
Cramer advised that investors be careful when putting more money to work here, foreseeing further moves lower.
“That’s why you need to tread carefully when you buy tomorrow, because when these novices start capitulating we could get another leg down. However, you should…