After buyers fled from Big Tech on Thursday, CNBC's Jim Cramer advised investors to take advantage of the rotation but beware that it may not last long.
It's historically broadened things out, and tomorrow you'll get another chance to make money with today's winners," he said.
"But if interest rates stop going down, and stop going down hard, then please do not overstay your welcome."
The move was propelled by a low consumer price index reading, fueling Wall Street's hopes that the Federal Reserve will cut interest rates.
Housing and industrial stocks such as Home Depot and Caterpillar saw a boost as they stand to benefit from lower rates.
Persons:
CNBC's Jim Cramer, you'll, Cramer
Organizations:
Big Tech, Nvidia, Meta, Federal Reserve, Depot, Caterpillar