We're buying more shares of a company immune from the Iran war uncertainty
Airfind news item
By Jeff Marks
Published on March 18, 2026.
The Jim Cramer's Charitable Trust is purchasing 50 shares of Cardinal Health for $214 each, increasing its stake in the portfolio to 2.55% from 2.27%. This move comes as oil prices continue to rise, which usually leads to a sell-off in stocks due to potential inflation and energy costs impacting the economy. The trust has been adding to its position again as Cardinal Health generates nearly 100% of its revenue within the US, making it immune to geopolitical tensions overseas. Despite the recent commodity spike, management has stated that it will be immaterial to its fiscal year 2026 earnings. The S & P 500 was down more than 0.5% due to uncertainty about the next phase of the Iran war, but the trust continues to buy more shares due to the S&P Short Range Oscillator momentum indicator staying technically oversold at minus-5.18%. The trust also noted that health care sector is the second-worst-performing sector in the market this month, despite the trend of the sector.
Read Original Article