Look for durable stocks to weather this ‘hyper-confusing moment’ in the market, Jim Cramer says

Look for durable stocks to weather this ‘hyper-confusing moment’ in the market, Jim Cramer says


CNBC’s Jim Cramer on Wednesday advised investors to find stocks that can perform well in any market environment.

“This is a hyper-confusing moment, but I want you to search for stocks that can work long-term regardless of whether we’re in the best of times, the worst of times, or both,” the “Mad Money” host said.

Cramer named several stocks that investors should consider. Procter & Gamble has a good “longer-term perspective” while Disney stock could be good for investors bullish on travel, he said.

He added that investors wanting to capitalize on banks that will benefit from the Federal Reserve raising interest rates should look at Bank of America, while those worried that the Russia-Ukraine war will escalate should eye defense contractor Raytheon Technologies.

To exemplify the market’s current “best of times, worst of times” environment, Cramer pointed to JPMorgan CEO Jamie Dimon’s comments in the company’s first-quarter earnings call. Dimon said he sees “significant geopolitical and economic challenges ahead due to high inflation, supply chain issues and the war in Ukraine.”

Meanwhile, Delta Air Lines CEO Ed Bastian told CNBC’s “Squawk Box” on Wednesday that the company had the “highest sales in terms of bookings of any month” in company history in March, Cramer said.

As confusing as the companies’ contrasting messaging might be for investors, Cramer said that the differences in the companies’ performance can be attributed to the type of businesses they run.

“Bastian deals with the consumer. Dimon deals with the consumer, but also the enterprise. Consumers might be willing to spend like mad even in the face of a Fed-mandated slowdown, just because they’re so eager to get out again.” 

Disclosure: Cramer’s Charitable Trust owns shares of Disney and Procter & Gamble.



Source

Used vehicle prices ease from tariff fear-buying highs but remain elevated
Business

Used vehicle prices ease from tariff fear-buying highs but remain elevated

A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — Used vehicle prices last month eased from their recent high in April as consumers who may have needed a vehicle but feared price hikes due to tariffs flocked […]

Read More
Walmart plans to expand drone deliveries to three more states
Business

Walmart plans to expand drone deliveries to three more states

Walmart is bringing drone deliveries to three more states. On Thursday, the big-box retailer said it plans to launch the speedier delivery option at 100 stores in Atlanta, Charlotte, Houston, Orlando and Tampa within the coming year. With the expansion, Walmart’s drone deliveries will be available in a total of five states: Arkansas, Florida, Georgia, […]

Read More
Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’
Business

Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’

People walk past a Lululemon department store in New York City on June 5, 2024. Michael M. Santiago | Getty Images Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin […]

Read More