If you can move quickly, Jim Cramer thinks you should.
He believes certain stocks could make substantial gains, quite soon, and therefore he suggests establishing a new position now.
And by now, he means right now.
The "Mad Money" host is looking for a bullish catalyst as soon as Wednesday, in the form of the President's speech to the nation in which Mr. Obama is expected to pitch his plan to defeat ISIS, the successor group to Al-Qaeda in Iraq.
According to a story in the New York Times, which provided the spark for Cramer investment thesis, the Present is expected to tell the nation that the campaign could take as long as 3 years.
Given this development, along with the uncertainty in Russia, "I think one thing becomes very clear," Cramer said. "Our military spending is going to start increasing again because we're going to need a lot more missiles, more bombs, more tanks, and especially more bullets."
Although Cramer believe the recent acts of terror are unconscionable, he also says that Wall Street will view developments through the disciplined lens of an investor.
And pros will be keenly aware that, "when we enter into multi-year military campaigns, our defense companies make money. Therefore, I think you should do some buying before Wednesday's big Presidential address, especially since most of the defense contractors have been lagging the market for 2014 and they're much cheaper than the average stock in the S&P 500."