Cramer recommends proudly owning meals provides and names which are affected by chip shortages

CNBC’s Jim Cramer on Thursday called for investors to invest in companies affected by the ongoing global chip shortage and stocks that benefit from the switch to consumer goods.

“I think today was an important lesson. You need a diversified portfolio with both chimneys [stocks] who use semiconductors … and also defensive, high-dividend food stocks, “said the Mad Money host.

According to Cramer, Apple, Caterpillar and Ford Motor – whose shares fell in Thursday’s session – are worth buying given the declines associated with low semiconductor supply. The shortage is caused by the digital transformation that accelerated during the coronavirus pandemic.

Food stocks like PepsiCo, Mondelez and Hershey will also be bought as money managers step into some defensive names, Cramer said. The rise in defensive investments is fueled by declines in digital and drug stocks due to disappointing earnings results.

“Even with today’s rotation, it is a mistake to sell microchip stocks for the potato chip type or even the Ahoy type chip,” Cramer said, referring to Mondelez. “Give it six to nine months and the … [companies] The semiconductors need will roar back. “

Disclosure: Cramer’s charitable foundation owns shares in Apple and Ford.

Disclaimer of liability

Questions for Cramer?
Call Cramer at 1-800-743-CNBC

Would you like to dive deep into Cramer’s world? Open it up!
Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com