CNBC’s Jim Cramer revealed three segments of the stock market that he’s bullish on after the Federal Reserve issued an emergency interest rate cut Tuesday morning. The “Mad Money” host also decried the 50 basis-points cut as a “wrong” move to quell the markets amid the coronavirus outbreak. Later in the show he sat down with Chevron CEO Mike Wirth to get a read on the oil market. He also said there could be a bullish case in Apple stock, while more pain could be coming for the S&P 500.
Bullish market segments
An employee arranges gold bars for a photograph at the YLG Bullion International headquarters in Bangkok, Thailand.
Dario Pignatelli | Bloomberg | Getty Images
CNBC’s said that it’s an opportune time for investors to start buying gold, high-yield and medical device stocks after the market took another dive on Tuesday.
“I know I’m early, but you can’t wait until the selling ends before you start building a position,” the host said.
The Federal Reserve issued an emergency interest…