The CNN Money Fear and Greed index showed an easing in the investor sentiment after the Dow Jones tumbled by around 500 points on Monday.
US stocks declined in the previous session amid concerns over further Fed policy tightening after ISM services index came in better-than-expected for the month of November.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Morgan Stanley (NYSE: MS) is the kind of stock he likes here. "We are in real companies that make real things, return real capital and Morgan Stanley is one of those," he added.