Jim Cramer says to consider buying these 8 stocks now that commodity prices are down

CNBC’s Jim Cramer on Thursday suggested traders to benefit from falling commodity prices by including to their portfolios.

“Oil’s down big, gasoline’s down big and you can now buy all sorts of stocks that benefit from cheaper fuel, especially the travel and leisure plays,” he stated.

The “Mad Money” host earlier this week criticized Federal Reserve leaders for his or her aggressive inflation statements that he warned may drag down the market. He additionally known as out Congress for its two spending payments, warning that they might trigger wage inflation to keep elevated.

Cramer reiterated these sentiments on Thursday: Fed officers and Congress are “the ones behind the bear market of 2022, not the companies and certainly not you,” he stated.

He added that whereas it is normally apt to promote industrial stocks throughout an financial slowdown, declining prices of commodities corresponding to oil, grains and metals means traders can consider buying shares of firms that have reported nice quarters just lately. However, traders ought to stay disciplined of their buying, he warned.

Here is Cramer’s checklist of stocks:

  1. Toll Brothers
  2. Lennar
  3. Disney
  4. Waste Management
  5. Honeywell
  6. Ford
  7. DoorDash
  8. Expedia

(*8*): Cramer’s Charitable Trust owns shares of Disney and Honeywell.

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