CNBC's Jim Cramer broke down why interest rates fell on Apple's coronavirus warning, which led to a bad day of trading for bank stocks. The "Mad Money" host revealed a shortlist of stocks that can benefit from the coronavirus outbreak.

The bank stocks ironically got the shortest end of the stick on 's coronavirus warning that rattled Wall Street, CNBC's said Tuesday.

The stocks of and declined more than 1%, one day after the iPhone maker's market-moving announcement that the outbreak of the coronavirus, known as COVID-19, would lead to a revenue shortfall.

"The worst performers — ones that there was no news whatsoever — [were] the banks," the "Mad Money" host said. "Why? Because of a sudden drop in interest rates caused by a worldwide slowdown that could get into a full-blown recession. The banks do better in a rising interest rate environment, not a lower one."

Cramer laid out a shortlist of companies that can benefit from the coronavirus outbreak.

"I don't want to profiteer off an epidemic that's already killed 2,000 people, but we need to acknowledge how this coronavirus outbreak is changing the world," the host said. "And, yes, some companies are benefiting from that, because they benefit from keeping us healthy."

"While this virus has been a colossal contributor to a slowdown in the global economy, it simply doesn't lend itself to goods that are working," he added. "You've got , and on reality, on hope. That's about it."

In Cramer's lightning round, the "Mad Money" host ran through his thoughts about callers' favorite stock picks of the day.

Dupont De Nemours: "Dupont is now run again by Ed Breen. It looks like the previous CEO is now gone. Why is he gone? Because he didn't deliver. Ed intends to deliver. He isn't the permanent CEO. It's not anything that's done, just temporary." Buy.

Chemours Co.: "I'm not a fan 'cause I don't like the commodities and there are some issues involving a PFAS verdict that could come up soon. So I'm going to take a pass there."

Disclosure: Cramer's charitable trust owns shares of Clorox, J.P. Morgan Chase and Citigroup.

Disclaimer