News Snapshot:
CNBC's Jim Cramer on Friday offered investors a list of seven stocks he believes could be great additions to investors' portfolios. The consumer discretionary sector is down about 37% for the year. Companies in this sector tend to suffer during times of economic downturn, since consumers prioritize paying for necessities such as rent or food over discretionary purchases when their budgets are tight. But "while most consumer discretionary stocks have been horrendous this year, we've had some pools of strength, too, and many of them can work in 2023," according to Cramer. Here are his picks: Genuine Parts , O'Reilly...
