Cramer's Morning Take: BlackRock 3/5/25

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At Capella University, learning the right skills could make a difference. That's why our business programs teach you relevant skills you can take from the course room to the workplace. A different future is closer than you think with Capella University.

Jim Cramer (0:49)

I'm Jim Cramer, and you're about to hear a sample taken directly from today's CNBC Investing Club morning meeting. Well, we've got interest rates coming down again, but now people don't seem to care as much. We had the financial sit very, very hard yesterday, and we had technology bounce while the big consumer packaged good companies, which we told you not to buy yesterday because they were two up, made a switch. So we had a one-day rotation, and I typically think with a rotation, they don't last one day. You may get another two.

Jeff Marks (1:19)

Yeah, things especially choppy too because there is still so much confusion around tariffs. You did have Secretary of Commerce Howard Lutnick said last night, maybe we can be in the middle of Canada and Mexico. He seems to have walked back some of those comments this morning, kind of listening to offers, maybe a pathway for tariff relief on goods covered by NAFTA, not so sure. Trump seemed to have kind of continued his hard line last night in front of Congress.

Jim Cramer (1:47)

Yeah, I mean, people have to understand that his hard line, he's very clear, it's about, I can't worry about the stock market, I must do this. That's his hard line. He will eventually worry about the stock market, but if you're waiting for him, I suggest that you do not, let's say, be cavalier, as he had heard here.

Jeff Marks (2:07)

Yeah, we were talking earlier, no reason to be a hero. I mean, the oscillator is oversold, so you can look for opportunities, but buying some CrowdStrike today.

Jim Cramer (2:17)

We sold a lot of CrowdStrike higher, and CrowdStrike's good.

Jeff Marks (2:21)

Yeah, we'll talk more about the quarter in a moment. But we made three buys yesterday, our first time buying in a week. That patient served us well.

Jim Cramer (2:28)

Yes.

Jeff Marks (2:29)

Bought some BlackRock, Home Depot, Disney.

Jim Cramer (2:31)

By the way, BlackRock, well, we'll get to that, but BlackRock was an extraordinary opportunity. It's not done. People should be buying out aggressively.

Jeff Marks (2:37)

Yeah, they're part of a deal to acquire ports, both sides of the ports at the Panama Canal.

Jim Cramer (2:43)

It's obviously, you can say, in the parlance, wrong. Here is where they've now done this incredible infrastructure deal and people are out there yawning. They don't yawn on the negatives. They take action. They yawn on the positives. It's just wrong.

Jeff Marks (2:57)

Yeah, they're raising a lot of money, too, for those infrastructure funds, which is a good sign of the acquisitions.

Jim Cramer (3:04)

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SPEAKER_2 (4:02)

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