Here’s Jim Cramer’s advice for navigating the markets during the Iran conflict
Jim Cramer’s advice to investors evaluating the consequences of the US-Israeli attack on Iran: Be selective. With stocks initially selling off (but remaining well off their lows in late morning trading; stay tuned) and oil soaring on fears of supply disruption, Jim sees moves to be made on the first day of trading on Wall Street since the conflict began. But at this point, the fire in the Middle East doesn’t warrant a full-scale rethink of the portfolio or anything close to it. .SPX @CL.1 5D mountain over the last 5 sessions S&P 500 and WTI For example, it doesn’t derail the long-term story around AI adoption – so much so that during the Morning Meeting on Monday, Jim said investors who don’t own any Nvidia could start building a position here. Where else are there opportunities to put money to work? Jim suggests looking at an industry that is insulated from any economic downside. “When I go over what I want to buy here, I go back and I say healthcare because healthcare is not going to suffer,” Jim said on CNBC on Monday. That’s exactly what we did Monday morning, launching a position at Cardinal Health, a major behind-the-scenes player in the healthcare industry distributing drugs and medical supplies. Cardinal Health also has some exciting growth initiatives, including a series of acquisitions of management service organizations, which are companies that handle the business operations of physicians and clinicians. We added Cardinal Health to our Bullpen watch list at our Monthly Meeting on Friday. Jim, on the other hand, believes the market reaction has created opportunities for relaxation in certain areas, particularly oil. This was a strong group of stocks in 2026 even before additional gains following spikes in crude oil prices on Monday. The energy sector finished Friday up 25% so far, benefiting in part from a shift to “heavy asset” companies and a rise in oil prices as investors priced in rising tensions in the Middle East. “It’s a great time to sell,” Jim said Monday, recommending cutting his oil position by about half. The club does not own any oil stocks and has not had one since leaving Coterra Energy last summer. This advice is expanded upon in his Sunday night column for Club subscribers. Jim wrote about oil on Sunday: “The world is awash in oil, and more will be produced by those with extra money to take advantage of the moment of supply disruption. Selling Exxon Mobil here will be weird and feel awful. I understand that. But these are the stocks that are the most inflated relative to their fundamentals. Those who remember the Gulf War in 1990 know that these are the stocks that are the first to turn around after the initial rally, which gives you a chance to sell. Oil is the stocks that are going up the most. Rapid rise is for those who have the foresight to own these stocks.” It’s a lucky moment to say goodbye.” On Sunday night, Jim also mentioned that he wanted to ease interest in consumer staples, a sector that is likely to be the biggest winner in 2026, ahead of Monday’s session. A member of the staple cohort, club name Procter & Gamble is often viewed as a classic safety stock. However, there was a decrease of approximately 1.5 percent on Monday; This is perhaps a reflection that the rise in oil prices could squeeze consumers at the pump and limit their spending in other areas of their lives. We took no action late Monday morning on our P&G position, which has been a nice hedge for our portfolio since we purchased it in November. We are also optimistic that new CEO Shailesh Jejurikar can bring operational improvements to the owner of Tide and Bounty. (Jim Cramer’s Charitable Trust is long NVDA, CAH, and PG. See here for a full list of stocks.) When you subscribe to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trading alert before buying or selling a stock in his charitable foundation’s portfolio. If Jim talked about a stock on CNBC TV, he would wait 72 hours after issuing the trading alert before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH THE DISCLAIMERS. NO CIVIL OBLIGATIONS OR DUTIES EXIST OR SHALL BE RESULTING FROM YOUR RECEIVING ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULT OR PROFIT CAN BE GUARANTEED.
