If you stray from tech this year, you might lose, CNBC's Jim Cramer told investors on Tuesday.
CNBC's Jim Cramer told investors on Tuesday to keep their money in tech as most other industries see huge losses.
This years winners are few, but the losers are many, including: energy, utilities, healthcare, real estate, consumer staples, materials, industrials and even banks, especially regional ones.CNBC's Jim Cramer told investors on Tuesday to watch out for the losers, because there's a lot of them this year. The safest spot for your money right now is tech -- otherwise, tread carefully.
"You stray, you lose," Cramer said. "That's the defining feature of this market, because if you stray from a small portion of the tech complex, you're gonna be destroyed." The industries seeing losses on the market right now include energy, utilities, healthcare, real estate, consumer staples, materials, industrials and even banks, especially regional ones.
"It's a who's who of artificial intelligence and friends, a cornucopia of companies that benefit from extremely fast semiconductors, with just a small smattering of winners amid a host of losers," Cramer said.
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