Industry Newsdata storageearnings seasonfinancial marketsbanks
Cramer Sees Market Rotation Into Data-Storage Stocks
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CNBC's Jim Cramer said Friday that uneventful December labor data lets investors focus on a broad market rotation, with money flowing into overlooked areas such as data-storage and equipment stocks. He added Apple and Nvidia are being sold to fund these trades, highlighted Tuesday's December CPI and the JPMorgan Healthcare Conference as key catalysts, and expects early bank earnings to set the season's tone.
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