Investors should take advantage of market pullbacks in the near-term, CNBC’s Jim Cramer said Tuesday, suggesting there’s a range of positive catalysts that will propel stocks higher.
“The stock market runs on cycles. When you have this many running at once, the averages tend to be pretty darn resilient,” the “Mad Money” host said, shortly after the S&P 500 and Dow Jones Industrial Average both closed lower by 0.2%. “That’s why I think you need to keep buying the dips. There’s just too much to like.”
While he said the Federal Reserve will eventually adjust its highly accommodative monetary policy, Cramer contended there is a “stampede of smaller bull cases” to support the market until