In this article, we will look at Jim Cramer’s top insights as he shared a game plan of what to buy, sell, and hold right now with callers. The host of Mad Money said on Friday that the unrelenting climb in oil prices, driven by the conflict involving Iran, continues to weigh heavily on stocks and may point to further losses ahead.
Look, it was another miserable week, four weeks since the war started, and it’s been pretty darn awful. Sadly for the bulls, the history of oil shocks is littered with bear markets, 20% drawdowns that say raise cash because it’s almost never too late to sell something to protect yourself. Today was more of the same… It’s a tough, rough road. My trust has the highest cash position I can recall, but you know what? It is never enough when you have horrendous action like this. It’s almost impossible to predict what will happen in the war with Iran. We gotta stop trying to do that right now.
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Cramer went on to say that one approach has remained consistently effective: buying oil stocks regardless of short-term movement. He emphasized that whether these stocks are rising or falling at a given moment does not change the broader trend, as crude prices continue moving higher, which results in continued pressure on stocks. He added, “It’s one for one. Please don’t overthink it.”
You’re going to hear me talk about rate cuts and oil increase because those two are what’s in play. Incredible as it seems, with all this turmoil and the beckoning of a bear market, we have plenty of people saying that the Fed chief should call for a rate hike. What are they kidding me? The vast majority of the inflation in the system comes from the supply shock that emanates out of the Gulf. We didn’t know how intertwined we were with those countries until now, and we are learning that is a very suboptimal situation. Right now, we have as much pessimism about stocks as we did when the COVID pandemic swept through us. The hatred for tech, I find, is extraordinary. Stocks like Meta, Microsoft, and yes, even NVIDIA, are being sold as if they’re about to collapse. It’s a wholesale slaughter. And I can’t tell you when it’ll end, even as I’m telling you that the companies themselves are doing great, so what you’re hearing me say is not yet.
Our Methodology
For this article, we compiled a list of 18 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 27. We listed the stocks in the order that Cramer mentioned them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Buy, Sell, or Hold? Jim Cramer’s Take on 18 Callers’ Stocks as Crude Oil Prices Climb
18. Tempus AI, Inc. (NASDAQ:TEM)
Jim Cramer gave top insight on Tempus AI, Inc. (NASDAQ:TEM), sharing a game plan of what to buy, sell, and hold right now. During the lightning round, a caller inquired if there is any future for the stock, and here’s what Cramer had to say in response:
I like this stock, but the problem is it’s a high multiple stock in a sell-off that is driven in part by oil and in part by interest rates. It will keep going lower. It’s a decent spec. I would hold on to some, but not all.
Tempus AI, Inc. (NASDAQ:TEM) develops technology that organizes and analyzes large amounts of clinical and molecular data to help doctors personalize patient care. The company’s platform uses AI to run diagnostic tests, match patients with clinical trials, and assist pharmaceutical companies in discovering new cancer treatments. During the February 6 episode, a caller asked whether the stock was a buy, sell, or hold, and Cramer responded:
Well, you know we’re not recommending stocks that are losing a lot of money here just because the year of magical investing made a return, and I think that you got a little reprieve, and it’s going to go back down again.
17. Oscar Health, Inc. (NYSE:OSCR)
Jim Cramer gave top insight on Oscar Health, Inc. (NYSE:OSCR), sharing a game plan of what to buy, sell, and hold right now. A caller asked if the company is positioned for significant growth in 2026 under CEO Mark Bertolini and Co-Founder and Vice Chairman Joshua Kushner. Cramer remarked:
Yeah, that stock has really broken down here. I think it’s really an opportunity. It kind of held in the mid-teens for a long time, and now it’s come down to $11. I would start buying it here, buy some, I’d buy half here, and then buy half at $9 if it gets there. Otherwise, just own it. That’s a good, really good idea.
Oscar Health, Inc. (NYSE:OSCR) provides medical insurance plans for individuals, families, and small businesses. During the January 16 episode, a caller sought Cramer’s advice on the stock, and he replied:
I’m going to tell you the truth, if Bertolini weren’t running that company, I would say [bear buzzer], but because he is, and I like him a lot, I’ll go with that [bull buzzer].
