Jim Cramer says these 3 stock market themes could work if the oil shock eases [CNBC]
TJX Companies, Inc. (The) (TJX)
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Still, the “Mad Money” host said investors could look to AI data centers, memory chips, and discount retailers if oil prices stabilize. In this article CNBC's Jim Cramer is warning against trying to ignore the Iran war because rising oil prices could eventually overwhelm even the best stock ideas. “The war cannot be ring-fenced, no matter what we do. I don't want to sugarcoat it. We can't avoid this issue,” Cramer said on “Mad Money” on Wednesday evening. “People are trying to dismiss the impact of the war, or they're trying to see through it, see past it until it's over.” That may be why the market was not down more on Wednesday. The S&P 500 closed slightly lower in a session marked by a 5% jump in U.S. oil prices. That's a far cry from Monday's spike up to $119 and change per barrel. But current West Texas intermediate crude levels above $88 per barrel are still up more than 50% year to date. Investors appear to be counting on the release of global strategic petroleum res
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