The Jim Cramer's Charitable Trust is planning to buy 55 shares of Alphabet, increasing its stake in the portfolio to about 2% from 1.56%. This comes as the market indicates a sharply lower open due to the escalating war in Iran and rising oil prices and rising U.S. Treasury yields. This has led to a global equities sell-off, with South Korea's Kospi experiencing its worst day in 19 months and Asian stocks also falling. The trust began buying shares in Cardinal Health, a health-care defensive growth stock, as a drug distributor and medical supplies provider that generates nearly all its revenue in the US. They also replenished their cash position by selling about half of their remaining position in BlackRock, given its exposure to the private markets. However, they believe Alphabet's large capex spree will pay off, particularly due to its strong search revenue and AI-powered queries.