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Jim Cramer unpacks Wednesday's market action: 'The wrong stocks are going higher'
CNBC· 2026-01-14 23:16
CNBC's Jim Cramer parsed Wednesday's session and expressed concern about the sectors that led the market's gains, saying "the wrong stocks are going higher.""This was a market where the winners were consumer packaged goods stocks and the oils – the worst possible leadership groups," he said. "The consumer packaged good plays are recession stocks, the oils are zero-sum – that's the kind of relationship they have with the rest of the economy."In a good market, Cramer said, companies should rally broadly, led ...