Get ready to buy these shares as the market expects a drop in rates

Investors are expected to add Jim Cramer's "Cloud King" shares to their shopping list as the stock market expects interest rates to drop by the Federal Reserve later this week, Monday said. 39; host of "Mad Money".

Money is moving from the names of high quality growth companies to industrial sectors. Wall Street hopes that a quarter-point rate cut will further boost business investment and boost cyclical and industrial businesses.

This explains why the Dow Jones Industrial Average, which tracks 30 major blue-chip stocks, gained nearly 29 points during Monday's session. The highly technical S & P 500 and Nasdaq Composite indices slid by 0.16% and 0.44%, respectively.

"You have to accept the fact that this rotation is happening, which is what motivates these actions," Cramer said. "Fed rate cuts are going to take the money out of the" Cloud Kings "and the industrials, but your job is not to negotiate a rotation, but to find high quality stocks and keep them for so long that the underlying business remains strong. "

Cramer said that the "Cloud King" group of companies, consisting of names such as Salesforce, Workday, VMWare, Adobe, and Twilio, rarely pulled out enough to give investors an ideal entry point. These actions follow a secular trend and will perform well despite concerns of an economic downturn, he said.

Workday and Adobe lost more than 1% of their respective stock price during the session, while Salesforce lost 2.35%. Twilio has plunged more than 5%.

On Wednesday, the central bank could cut interest rates for the first time in more than a decade, an idea also backed by former president Janet Yellen. The current benchmark rate is between 2.25% and 2.5%. Fed Chairman Jerome Powell initially planned to continue to raise rates in 2019, but changed his outlook in the months following a rate hike last December, which led to a sudden sell-off in November. market scale.

"When this type of rotation gives you a setback in a group like the" Cloud Kings ", it's a long-term buying opportunity," Cramer said. "Do not forget that you can afford to take your time … [because] I do not think "the rotation is over.

Disclosure: The Cramer Charitable Trust owns shares in Salesforce.com and Twilio.