Jim Cramer Says Stop Betting on Volatile Tech Stocks and Buy These “Boring” Sectors Instead
JPMorgan Chase reported Q2 2026 EPS of $7.70 (adjusted $6.14) vs. $5.80 expected, with $58.0B revenue and a $50B buyback. J.B. Hunt saw Q2 EPS of $1.91 on $3.5B revenue, with intermodal profit up 58%. Jim Cramer advises moving from volatile tech to banks and trucking, citing market volatility and steady earnings in these sectors.
How this was made
The 30-second read
Why it matters
The article combines fresh earnings data with a sector‑rotation thesis, offering traders a timely view of where capital may flow.
Market read
The piece provides fresh earnings numbers for large caps and a clear call to shift into lower‑volatility sectors, likely influencing short‑term allocation decisions.
What to watch
Macro backdrop of rising rates and VIX could still pressure all equities; the rotation may be temporary.
Background
Jim Cramer used a CNBC appearance to advocate moving out of volatile tech into banks, trucking and industrials, citing recent earnings beats at JPM and JBHT and volatility in chip stocks.
Ticker impact
JPMorgan reported Q2 EPS $7.70 beating expectations and announced a $50B buyback and dividend increase.
Potential short-term rally as investors price in higher dividend and buyback.
Earnings beat and sizable buyback are material catalysts for a large-cap bank.
J.B. Hunt posted Q2 EPS $1.91 beating consensus and highlighted a 58% surge in intermodal operating income.
Likely upside as the market digests strong volume and profit growth.
Quarterly beat and record intermodal volume are fresh, material data for a transportation stock.
Corning reported Q2 optical communications revenue up 32% and core EPS $0.78, despite recent volatility.
Modest upside if investors focus on growth and ignore volatility narrative.
Earnings are positive but the article frames GLW as an example of tech volatility, limiting clear directional bias.
Market effects
Highlights a shift from high‑volatility tech to banks and freight, supporting sector rotation into financials and transportation.
U.S. market may see modest gains in financial and industrial stocks as investors reallocate.
Potentially influences global investors tracking U.S. earnings and sector rotation trends.
Counterpoint
Tech valuations remain attractive; the volatility narrative may be overstated, and AI exposure could sustain upside.
Key entities
- personJim Cramer
CNBC host promoting sector rotation.
- companyJPMorgan Chase
Bank reporting strong Q2 earnings and buyback.
- companyJ.B. Hunt Transport Services
Freight carrier reporting record intermodal performance.
