Jim Cramer Reveals Which Stocks to Buy to Battle the Trump Trade War Crash

Jim Cramer, the famous CNBC Mad Money show host, came up with the stocks to buy recommendations as the market crashed amid the Trump trade war. The tariffs began on Canada and Mexico imports, but recently, Donald Trump implemented a 10% global tax, affecting all the financial markets significantly. What are his top picks? Let’s discuss this. Jim Cramer Criticizes Trump’s Trade War Before Revealing Top Stocks to Buy Jim Cramer has been quite vocal about the Trump tariff introduction and beginning the trade war. In his recent Mad Money episode, he disclosed that he has never seen a president other than Trump crashing the entire stock market just by opening his mouth. The market was doing great — until the Trump Administration sowed a level of uncertainty I haven’t seen since Jimmy Carter…I cannot think of another president in my lifetime who could knock down the stock market simply by opening his mouth. The statement correlated with the recent tariff implementation, which he claims is mathematically wrong in a CNN interview . As the Trump trade war escalates, with China implementing a reverse 34% tariff on the US, the stock market might feel additional turmoil, including crypto stock prices. Cramer has connected Donald Trump’s tariff to the 2000 dot-com bubble burst and has recommended the sectors that rose after the collapse. Top Crypto Stocks to Buy Amid the stumbled stock market, Jim Cramer advised investors to follow the post-dot-com bubble playbook and shift their focus to defense, domestic, and healthcare picks per CNBC post. He believes that these companies with pricing power are the only ones that can withstand the ongoing economic slowdowns. You want stocks of domestic companies with pricing power and with no slackening in demand or credit risk that do well in a slowdown. The recommended pharmaceutical stocks to buy include Cardinal Health (CAH), Bristol-Myers Squibb (BMY), and UnitedHealth (UNH). Duke Energy (DUK) and Procter & Gamble (PG) are top picks from utilities & consumer staples. Utilities, lower-priced retailers, telecommunications, and consumer packaged goods will also do well in a slower economic environment. Interestingly, Jim Cramer believes that defense stocks like Boeing (BA), Lockheed Martin (LMT), and others could witness a boom amid other countries’ appeasing attempts. However, he claims that it is not the right time to invest in tech stocks and that investors can focus on them once the market stabilizes. Amid these stocks to buy recommendations, investors’ sentiments remain bearish due to further developments in the Trump trade war. More importantly, investors are concerned with the inverse-Cramer index, where the opposite of his prediction happens. The post Jim Cramer Reveals Which Stocks to Buy to Battle the Trump Trade War Crash appeared first on CoinGape .