Jim Cramer says look to buy these 5 stocks outside the AI trade for diversification
Jim Cramer says look to buy these 5 stocks outside the AI trade for diversification
https://www.cnbc.com/2026/06/02/jim-cramer-these-stocks-outside-ai-for-diversification.html
Publish Date: 2026-06-02 18:24:00
Source Domain: www.cnbc.com
- CNBC’s Jim Cramer highlights the potential for beaten-down stocks in non-tech sectors to outperform if the tech artificial intelligence trade cools.
- Cramer cites impending supply from tech stocks and upcoming mega IPOs leading to a possible shift in market focus.
- He believes that JPMorgan Chase has become undervalued with its low P/E ratio, creating a potential buying opportunity despite financial sector weaknesses.
- In healthcare, Johnson & Johnson is suggested as a promising stock due to its drug pipeline, growing technology business, and recent acquisitions.
- Cramer also considers consumer staples company Kimberly-Clark, McDonald’s, Yum! Brands, and Kraft Heinz as undervalued, with strong brand portfolios and attractive dividends.
- He warns that significant capital may need to be raised for data center buildout, putting temporary pressure on tech stocks, which could benefit non-tech sectors like those outlined.
