'I'm not throwing in the towel, besides the fact that I'm surrounded by towel throwers,' CNBC's Jim Cramer says.
CNBC's Jim Cramer urged investors on Thursday to find the positives in"crushed" stocks, arguing U.S. equities can only go higher after the Christmas Eve washout on Wall Street.
However, Cramer, host of"Mad Money," said he would wait for a select few stocks to finish falling before buying them. Since that day, the S&P 500 rallied nearly 18 percent as of Wednesday's close, with the bulk of that advance coming in 2019. The market, however, was under pressure for the fourth session in row on Thursday.
"Find the positives in the stocks that have been crushed," Cramer said."I'm positive coming out of the ... 'Powell bear market.' We're starting to get some good numbers."
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