CNBC's Jim Cramer revealed secular growth tech stocks that investors can expect to work in a volatile market environment. The "Mad Money" host warned viewers that now is the time pay closer attention to companies' balance sheets as the economy heads for a slowdown.
The Trump administration's proposal to counter the economic impact of the coronavirus outbreak could create buying opportunities in the technology sector, CNBC's said Tuesday.
In a stock market that has buckled to the fast-spreading COVID-19, Cramer added tech stocks that are immune to cyclical changes in the economy to his list of stocks that can be bought in this volatile market environment.
"That's why I always eye the fastest-growing tech stocks in a slowdown. They bounce back quickly and often become leaders for the next leg up," the "Mad Money" host said. "We'll get that leg ... when we cure or contain COVID-19, even if their earnings could be a tad shy. The stocks are certainly down."
Cramer said it's a critical time for investors to factor a company's debt load into their investment decisions.
"In times of crisis, I always start with the balance sheet," the host said, adding in "tough times, the balance sheet suddenly gets a lot more focus."
In Cramer's lightning round, the "Mad Money" host ran through his thoughts about callers' favorite stock picks in rapid speed.
: "I think Uber is a push. I like this stock longer-term, but shorter-term I don't think you can make the numbers."
: "No. I mean we've got enough risk already. I'd rather have you own Chevron, to be honest, because there I'm not worried about the balance sheet whatsoever."