Why 2 of our favorite stocks are sliding — and Cramer's advice to investors

CNBC Finance

3 min read

Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. The Dow plunged more than 500 points on Thursday as oil prices continued to surge after Iran's new Supreme Leader, Mojtaba Khamenei, said the Strait of Hormuz would stay closed. Brent crude briefly hit $100 per barrel, while West Texas Intermediate crude traded at $90 per barrel. The S & P 500 Short Range Oscillator , Jim Cramer's favorite market gauge, is moving deeper into oversold territory, which usually signals that stocks are ready for a bounce. But with oil still rising, investors aren't stepping in to buy, Cramer explained. 2. Linde's shares are higher as investors view the company as a beneficiary of any helium shortages tied to the Iran war. Linde said the Middle East conflict is neutral to net positive. As supply shortages occur, Linde could raise its prices. On the less favorable side of the equation is Qnity, which is down 7%. Any shortage of helium could hit markets such as semiconductors, aerospace, and electronics manufacturing. "Qnity remains a win," said Jim, adding that investors should ride things out. Qnity's decline, however, is one of the reasons that the Club prefers to "sell into parabolic moves," said Jeff Marks, director of portfolio analysis for the Club. Indeed, we trimmed our position on Feb. 20 after the stock had run up 40% year to date. 3. Corning shares fell 2%, despite Bank of America raising its price target to $144 from $120. After redoing their analysis of the scale-out opportunity for Corning, analysts said it is much larger than they had thought. Scale-out references the connections made between racks throughout the data center. "People are ignoring it because the stock has gone up so much," said Jim. "I understand that, but it remains one of our biggest wins." Shares of Corning are up 48% in 2026. 4. Stocks covered in Wednesday's rapid fire at the end of the video were: Dicks Sporting Goods , Dollar General , CVS Health , Atlassian , Conagra , Campbell's , and General Mills . (Jim Cramer's Charitable Trust is long LIN, Q, GLW. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

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Why 2 of our favorite stocks are sliding — and Cramer's advice to investors

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