With the market down big again today, Cramer said on today’s Stop Trading! segment that he thinks it’s a good time to get into defensive stocks like Johnson Controls and Verizon . With names like these, it’s best to buy a little here and then increase your position on the dip, he said.
Cramer had some other buys in the face of today’s sell-off, including SPX ,which is a “really well-run company” that’s “hitting on all cylinders.”