Some of the biggest losses in the first trimester could be the biggest theft, Jim

If the market shows signs of recovery on its own, investors should consider buying the stock of the biggest losers in the first quarter, CNBC’s Jim Kramer said Monday.

“This market is screaming that we are moving in one direction [Federal Reserve]Mandated slowdown, it could turn into a Fed-mandated recession, said the “Mad Money” host. “If we get further signs that inflation is cooling itself, like oil pullbacks, some hard hit stocks could end up looking quite tempting.”

The first quarter of 2022 was marked by widespread volatility. Russia’s ongoing attack on Ukraine in February sent prices of commodities, including oil, skyrocketing, while in March the Fed raised interest rates for the first time in three years in an effort to reduce rising prices. The outbreak of global covid last month has also disrupted the supply chain, forcing factories to close in key areas such as China.

Fed Chair Jay Powell has vowed to crack down on inflation as needed by the end of March.

Adding to the speculative market environment, a key portion of Treasury yields overturned Monday after shifting 2-year and 10-year Treasury yields last week, raising concerns about a possible recession. Although some economic recessions have been reversed historically, they are not definitive indicators.

Kramer said energy stocks performed best in the first quarter due to price increases, while “recession-resistant” utility stocks also advanced. Kramer lists the biggest winning and losing companies in the first quarter as Dow Jones Industrial Average, S&P 500 and Nasdaq 100.

Here are the winners and losers:

Dow Jones Industrial Average

The winners

Defeated

S&P 500

The winners

Defeated

Nasdaq 100

Defeated

Disclosure: Kramers Charitable Trust owns Chevron, Salesforce, Halliburton, Meter shares

Sign up now Following every step of the Jim Kramer market for the CNBC Investing Club.

Disclaimer