10 Stocks on Jim Cramer’s Radar Recently

5. Louisiana-Pacific Corporation (NYSE:LPX)

Number of Hedge Fund Holders: 54

With the tariffs going into effect, a caller inquired if Louisiana-Pacific Corporation (NYSE:LPX) is a buy as it is off of its highs. In response, Cramer said:

“It would’ve been a buy if we banned Canadian lumber and we didn’t. So the answer is no, it is not.”

Louisiana-Pacific (NYSE:LPX) provides building products for new homes, renovations, and outdoor projects. The company focuses on engineered wood products and structural panels for various markets. It is worth noting that on March 14, Cramer remarked:

“I think you should buy it here. Oriented strand board could go higher. President’s probably going to announce tariffs against Canada. For all I know… lumber and LPX is going to go right up to $120.”