economy
March 6, 2026
Jim Cramer Sees Opportunities in Friday's Ugly Market. Here's Where He Is Looking
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- Stocks fell Friday due to escalating Middle East conflict and President Trump's stance on Iran.
- Jim Cramer sees buying opportunities in the current market, despite its 'ugly' appearance.
- Recommended stocks include Goldman Sachs, Cardinal Health, and Boeing.
- Rising oil prices, a consequence of the conflict, are benefiting Costco due to its competitive gas pricing.
- Financial stocks are struggling due to high private credit redemptions, oil prices, and economic health concerns.
- BlackRock's decision to limit withdrawals from a private credit fund led to a significant share price drop.
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