Investors should buy, not sell, after Tuesday's sell-off, Jim Cramer says

By Tyler Clifford7 days ago

Key Points

  • Even though we had a brutal sell-off today, we're still in one of the greatest second chance markets I've ever seen, CNBC's Jim Cramer said.
  • We've seen this happen countless times people, yet it's very hard for people to remember that you're supposed to buy, not sell, when stocks are collapsing, the Mad Money host said after stocks sold off in Tuesday's session.
  • I think that Eli Lilly, which we own for the charitable trust represents real value versus the rest of the market, he said.

In this article

  • BMY
  • MRK
  • LLY
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After a tough day of trading on Wall Street, CNBC's Jim Cramer said the market is giving investors an opportunity to find stocks that are excellent buys.

Even though we had a brutal sell-off today, we're still in one of the greatest second chance markets I've ever seen, as you saw with the industrials between mid-morning and the end of the day, the Mad Money host said.

Stocks had a mixed session Tuesday, with the Dow eking out a gain at the close and the S&P 500 falling 0.7%. The tech-heavy Nasdaq Composite pulled back nearly 2%.

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