CNBC's Jim Cramer offered some of his favorite tech and real-estate stocks for 2023 on Wednesday's 'Mad Money.'
last week were "magnificent," Cramer said. The stock sells for less than 17 times forward earnings. While enterprise software is hardly Cramer's favorite industry right now, he said Oracle's business appears "very durable."Cramer said he likes Broadcom's diversification strategy, including its pending deal to acquire VMware. Broadcom shares also carry a dividend yield around 3.
, Cramer noted the stock isn't too far away from its 52-week closing low of $142.21 on Nov. 4. "I recommend picking some up now right here and maybe some more into weakness," he said.Cramer said he likes Realty Income because its top retail tenants — such as Dollar General, Walgreens and 7-Eleven — have businesses that can hold up during a potential recession.
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