CNBC’s investing club held its weekly “Morning Meeting” livestream on Friday, where Jim Cramer discussed the market sell-off and potential buying opportunities. The stock market continued its downward trend, with fears of a global trade war weighing heavily on corporate earnings expectations. Jim described the current sell-off as a “manufactured one,” suggesting that the Trump administration could take action to ease pressure on the market.
Despite the uncertainty, Jim urged investors to stay the course and not make drastic changes to their portfolios. He cited past market crashes, saying that staying in good stocks can lead to significant profits. However, some adjustments were made to his portfolio, including exiting positions in GE Healthcare due to its exposure to international markets vulnerable to tariffs.
Jim highlighted a few buying opportunities, including Home Depot, which he believes should be bought aggressively due to falling interest rates and pent-up housing demand. He also suggested considering Apple and Nvidia, albeit in smaller positions if not already owned. Additionally, Jim likes Amazon, citing the 2.3% drop as an attractive opportunity.
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Source: https://www.cnbc.com/2025/04/04/jim-cramer-identifies-4-stocks-to-consider-buying-as-market-plummets.html