Here's what investors need to know Monday.
The market is taking quite the hit amidst fears around the coronavirus.
So, Jim Cramer has some stock picks, and he weighs in on the legacy of Kobe Bryant.
Let's Start With the Coronavirus Fears
The virus has impacted .
The CDC has confirmed five cases in the U.S.
Cramer broke down his thoughts and some stock picks surrounding the coronavirus Monday morning.
"We have to presume now that the Coronavirus contagion is not stoppable, even as we would like to think it is. There were so many people who left Wuhan, the epicenter when they were still healthy and they are now coming down with the illness. It's pretty clear that the virus spreads rapidly from person to person, so rapidly that we are hearing lots of conspiracies about a bio lab in Wuhan that might have mistakenly discharged the coronavirus and it was not transmitted initially by animals to humans," wrote Cramer.
Kobe Bryant Killed in Fatal Helicopter Accident Along with Seven Others
Kobe Bryant, his 13-year-old daughter Gianna and seven other people died in a fatal helicopter accident Sunday morning.
“The crash occurred around 10 a.m. and the fire made it difficult for firefighters and emergency personnel to get to the aircraft, according to the city of Calabasas. Nobody on the ground was hurt,” reported Sports Illustrated’s Ben Pickman.
Bryant played 20 seasons for the Lakers and was a five-time NBA champion.
However, Bryant was known for more than just his NBA career.
He was also an oscar-winner for his short film "Dear Basketball." And he also co-founded a venture capital firm, Bryant Stibel, and Co.
Cramer discusses the legacy that Bryant left behind.