Uncertainty took its toll on the stock market on Monday, with stocks slumping in preparation for the first presidential debate.
However, Jim Cramer doesn't expect significant changes for the stock market regardless of which candidate wins the election.
"Uncertainty creates sell-offs, but it also creates bargains. Given how little the president really has to do with the performance of individual companies, if we get a big enough decline, I recommend pouncing on the unaffected opportunities," the "Mad Money" host said.
Ultimately, as radical as the differences are between Trump and Clinton, Cramer doesn't believe that the person that wins the presidency will mean as much to the stock market as many people seem to believe.
"The president just doesn't have that much power over the economy, even if you sometimes pretend otherwise," Cramer said.
Cramer recommended staying unemotional, and remembering that even when business people hated the Obama administration, it didn't stop them from making a fortune in the stock market. That is the key to taking advantage of the presidential bargains.