The market continues to sell off during Friday's session on economic fears coming in tandem with a flattening yield curve. We have heard the inverted yield curve debate before and have watched the financials and markets sell off in the past, but we have also seen rallies occur thereafter and we still do not think a recession is imminent. There are plenty of businesses and industries currently doing well, like huge multinational Honeywell (HON) as told by CEO Darius Adamczyk the other day on CNBC (that interview can be found here).

After raising cash earlier in the week (we outlined this week's trading activity in our earlier Alert here), we are looking to put a small amount to work into stocks that look like bargains at these lower prices. However our trading restrictions are preventing us from doing so today. So to help members gauge which stocks we are interested in during today's selloff, below we provide several investment ideas for those that have kept their powder dry.

Disney (DIS) -Shares have moved sharply lower over the past few days despite the completion of the Fox acquisition, which we discussed in our Alert here. This selling comes just a few weeks before the huge April 11th Investor event where management will provide a much more detailed look into the company's highly anticipated direct-to-consumer initiative. Featuring blockbuster content with massive appeal, we have high expectations in the Disney+ app and expect the DTC initiative as a whole will help DIS command a higher market multiple.

Semiconductors - If you have patiently waited on either Lam Research (LRCX) , which spiked higher Thursday on bullish long-term commentary from Micron  (MU) , or Nvidia (NVDA) , which is up nicely since our initiation thanks to a bullish Investor Day Conference, then today might be the pullback you have looked for.

Home Depot (HD) - Although shares are barely trading lower in today's selloff, we still believe this stock can be picked up if not owned here. Thanks to a recent 32% increase to the quarterly dividend, this high-quality retailer with consistently positive low-to-mid-single digit same-store-sales is giving investors a solid 2.87% yield on their investment. Furthermore, management is buying back stock hand over fist in 2019, thanks to the recently authorized $15 billion share repurchase program. Lastly, we think earnings upside could come from the weather beginning to break ahead of the company's spring, or "Christmas" selling season.

CVS Health (CVS) - This stock has made a nice move off its lows and we continue to believe the combination of insider buying and positive analyst activity, as well as CEO Larry Merlo's comments that the company's Long-Term Care business has stabilized should help put a bottom on the stock. If worried about global economic growth (especially outside the United States), CVS Health has minimal exposure to this risk, and shares give you an attractive 3.56% dividend yield against Treasury rates that are finding little lift.

For the financials, which are sharply trading lower due to the flattening yield curve, Goldman Sachs (GS) is still incredibly cheap from a price-to-tangible book value perspective. After a brief rally above $200, shares have now fallen through $190 which is below 2018's end of year tangible book value of $196.64. All this selling also comes ahead of a robust IPO season that should bring in plenty of business to the firm. And do not forget, Goldman Sachs may not be as sensitive to economic activity as it was once thought of, evidenced by the 61% of 2018 revenues being fee-based or more recurring in nature compared to 48% in 2013.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long HON, DIS, LRCX, NVDA, HD, CVS, GS.