Squawk on the Street CNBC Investing Club: Cramer’s Morning Take on Cardinal Health 3/3/26
Mar 3, 2026
A candid rundown of a recent trade into a defensive growth stock and the thinking behind adding more. Discussion of trimming a big holding to fund the new position and tactical reallocation strategies. Brief look at member-only morning meeting access and how decisions are made in real time.
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Morning Meeting Purchase Rationale For Cardinal
- At the CNBC Investing Club morning meeting, Jim Cramer reviewed recent moves including buying Cardinal Health and his readiness to add more.
- He emphasized the U.S.-only revenue profile of Cardinal as a reason for the pick.
Cardinal Health Is Defensive US-Centric Growth
- Cardinal Health is a defensive-growth play concentrated in the U.S. health-care backbone.
- Jim Cramer bought a starter position and plans to pyramid into more since its revenue is domestic and insulated from overseas shocks.
Build Positions Small Then Pyramid Up
- Start small and build positions using a pyramid approach rather than allocating large sums at once.
- Cramer describes buying a little Cardinal Health now and being ready to add more as the position proves itself.