After a down day for his "Magnificent Seven" stocks, CNBC's Jim Cramer picked winners outside the tech sphere.
"But if you owned a diversified portfolio, including beaten-down stocks for 2023, stocks that represent great value now, you crushed it."
Cramer saw winners on Thursday in the health-care sector, specifically Johnson & Johnson and Abbott Labs .
He also advised that investors look into the utilities sector, including Sempra , PG&E and American Electric Power , along with transports, especially railroad company Canadian Pacific Kansas City .
Cramer conceded he's not sure this broadening market move has staying power, wondering if tech will return to its top slot next week.
Persons:
CNBC's Jim Cramer, Cramer, " Cramer, Tesla, Johnson, Morgan, Wells, Ralph Lauren, he's, there's, it's
Organizations:
Tesla, Netflix, Taiwan Semiconductor, Microsoft, Nvidia, Abbott Labs, Bank of America, Walmart, Costco, American Electric Power, Canadian, Canadian Pacific Kansas City
Locations:
Wells Fargo, Canadian Pacific Kansas