Core Viewpoint - Recent money migration from artificial intelligence companies into various sectors has strengthened the market despite weaknesses in major tech stocks [1][2] Group 1: Market Dynamics - Institutional money has shifted away from bubble stocks into non-tech growth sectors, indicating a robust market environment [1] - The deflation of the "Mag Seven" tech stocks is less impactful than previously feared by market bears [1] - Data center stock hype has subsided, with investors rotating into sectors such as aerospace, retail, and fintech, which are seen as the "salvation of this market" [1] Group 2: Historical Context - The current market situation is compared to the dotcom collapse, with more capital available now than 25 years ago, preventing a significant market downturn [2] - The ongoing migration of capital makes the current market outlook more positive, with strength observed in stocks that previously failed to gain traction due to insufficient capital [2] - The current market is characterized as "2025," reflecting a return to sustainable growth sectors that benefit from AI rather than those that solely produce it [2]
This market's strength lies in the non-tech growth stocks, Jim Cramer says
CNBC·2025-12-17 00:00