Rough day in the markets, especially oil, gives us a chance to add to an energy stock


Source: cnbc.com cnbc.com

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We're be buying 400 shares of Coterra Energy (CTRA) at roughly $26.79 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 1,550 shares of CTRA, increasing its weighting in the portfolio to 1.48% from 1.1%. Stocks are lower Tuesday after Moody's downgraded its credit rating on several small and mid-sized U.S. banks and China reported yet another downbeat economic number, with exports in July falling 14.5% from last year representing its worst decline since February 2020. The energy trade may be the group hit hardest Tuesday as worries about the China economic recovery, which continues to disappoint, put pressure...