The stock market continued its downward decline Tuesday amid fresh fears over a trade war with China.

Ann Miletti, lead portfolio manager at Wells Fargo Asset Management, is looking opportunities in the energy sector, specifically companies with exposure to the Permian Basin like Cimarex (XEC) , a holding of Jim Cramer's charitable trust Action Alerts PLUS.

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

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