Veytics Intelligence
2026-10-30 · CNBC

Jim Cramer says it's time to look beyond tech. Here are 4 consumer stocks he likes

Investors looking to diversify beyond the struggling artificial intelligence trade should consider consumer staples stocks, CNBC's Jim Cramer said Friday. The Nasdaq-100 , which tracks the biggest tech stocks, ended October down almost 7%. Investors rotated into other more defensive areas of the market. The S&P 500 Equal Weight gained roughly 5% for the month. (The equal weight index treats all the S&P 500 stocks the same, rather than weighting them by market cap.) The consumer staples index surged 11.4%, making it the second-best performing sector behind energy.

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