| CNBC's Jim Cramer said investors who want to take advantage of Monday's market declines can likely be patient, suggesting further room for stocks to fall. Morgan Stanley thinks a 10% to 20% correction is ahead and tells investors to get defensive.
"You have to deal with all these analysts who are suddenly discovering that the market is coming down and blaming the delta variant," Cramer said on "Squawk Box" before Monday's opening bell. The Dow Jones Industrial Average fell more than 700 points amid trading Monday. "But meanwhile, the people who don't want to get [vaccinated] aren't going to get vaxxed."
Cramer explained why the market is falling today and what moves investors need to make next, including which stocks might be attractive as stocks fall.
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Morgan Stanley says a 10% to 20% correction is ahead, get defensive and buy staples MON, JULY 19 2021
Here are Monday's biggest analyst calls of the day: Apple, Amazon, Netflix, Microsoft & more MON, JULY 19 2021
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