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Jim Cramer Eyes Cyclical Stocks and Possible China Stimulus Impact

August 18, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS co-portfolio manager Jim Cramer says he has two big worries heading into the weekend…cyclical stocks and whether they can maintain their momentum as well as whether China announces new economic stimulus plans on Sunday evening. Cramer says he is also keeping an eye on retail stocks after Restoration Hardware (RH) and Finish Line (FINL) delivered quarterly results which handily topped forecasts. The latest consumer confidence figures show it is improving.

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