Money managers are tied to trading reopening and retail investors should invest accordingly, CNBC's Jim Cramer said Wednesday.
"You have to take every opportunity to buy high quality cyclicals in weakness," said the host of "Mad Money".
Cyclical stocks are those whose trading patterns tend to depend on the business cycle and the state of the overall economy.
Cramer highlighted railroad company Union Pacific, whose shares initially fell after it was revealed Sunday that its rival Kansas City Southern was acquired by Canadian Pacific as part of a $ 25 billion deal. Stocks have since made up those losses and a few more.
Cramer called the transporter "a central point of contact for the great reopening".
"If you knew the outcome, you [Union Pacific] could confidently buy into the weak because this market loves the reopening games," he said. "I bet it has a lot more room to run."
Cramer has spent weeks breaking the market rotation, explaining that investors are trading from last year's lockdown winners, especially in the tech segment, and in companies whose businesses do better as the economy grows.
The major averages all fell on Wednesday's trading day, despite stocks in the energy, industrial and financial sectors of the market being strong.