In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer shared business sentiment surrounding President Trump’s tariff strategy. He outlined:
“I think the people that I deal with in business are saying it’s fluid. Fluid’s kind of this nice, non-pejorative word. . just you gotta be ready for anything . . . David, last night, I said that we are now in the Clubber Lang phase though. The prediction? Pain. When you have a prediction of pain, then you’re going to get what we have. Which is that everything is mixed. Even when we get a number. A series of numbers that I actually liked.”
Cramer added that when it came to the tariffs, the “Forecast calls for pain. And next week I probably I expect to start hearing about auto. I start expect to start hearing about Europe. And I think it’s going be ugly.” When further pressed about this forecast, he added: “I’m saying the President is giving you a forecast and he’s making it happen. The President’s applying pain.”
Another topic that Cramer discussed recently is the timeline of the President’s actions. During his previous programs, he outlined that the process should take at least a year and added that some quarters were expecting the tax cuts to come first and be followed by the tariffs.
For the latest sentiment, Cramer shared:
“Now people are starting to talk about look, can he get all this done by the midterm elections. I think it’s a continual process. You know, Carl, when I look at what the President wants to do, I just say, he’s not focused on the stock market because he’s got bigger issues. And the stock market’s not that big. We’re focused on the stock market because it’s what we do for a living. And, most of his comments, send stocks down.”
One country that the President has targeted with tariffs to reduce fentanyl shipments into the US is Mexico. Cramer and his wife rely on Mexico for their business inputs. Therefore, he keeps a close eye on America’s southern neighbor. So what’s going on in Mexico? Cramer outlined:
“I read a lot of publications from Mexico. And they’re very excited. Because they’re saying, she’s got rapport. . .she is someone who obviously has figured how to have constructive engagement. Now Secretary Bessent was talking about what went on with Zelenskiy. . .and it seemed like that was a textbook of how to have non-constructive engagement. It is interesting to see a technocrat, Scheinbaum is a technocrat, she’s not someone who’s a firebrand. . .She’s approaching it very, businesslike. And I think that that was what was expected by President Trump. Like look, let’s make deals. And she’s, okay, let’s make deals.”
One of the struggles that businesses face is uncertainty about whether to keep their inputs in Mexico or ship them to the US. Businesses are wondering whether to “keep it there” or to “move it [inventory and raw materials] over Texas,” he outlined. “Do you find a warehouse? Do you work overtime to bring it in? This is just one industry but the tequila industry is a gigantic industry,” he added.
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on March 7th.
For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Banco Santander S.A. (NYSE:SAN)
Number of Hedge Fund Holders In Q4 2024: 17
Banco Santander S.A. (NYSE:SAN) is a European bank that is one of Cramer’s top stocks when it comes to the continent. The host’s sentiment is grounded in fact as not only have the shares 47.8% over the past year but the bank’s fourth-quarter profit sat at a record €3.27 billion. However, Banco Santander S.A. (NYSE:SAN)’s shares fell by 5.8% on Monday amidst a selloff in European stocks on the back of tariff uncertainty. Here’s what Cramer said on Friday:
“But I will say, you do not want to compare our markets to theirs. I like Spain here. Banco Santander. I think that Ana Botin’s the greatest banker on Earth. She’s also the best golfer on Earth. She’s everything. I’m jealous of her.”
9. Enterprise Products Partners L.P. (NYSE:EPD)
Number of Hedge Fund Holders In Q4 2024: 29
Enterprise Products Partners L.P. (NYSE:EPD) is a Texas-based midstream energy company that provides pipelines and associated services to the broader industry. Cramer’s been a fan of the stock lately, and his previous remarks revealed that the firm was his “absolute, absolute favorite of the group.” Enterprise Products Partners L.P. (NYSE:EPD)’s shares have gained 21.7% over the past year and are up by 7.9% year-to-date. Over this time period, the firm has secured contracts for crude oil export, pipeline networks, and a deepwater oil port. Here are Cramer’s latest comments about Enterprise Products Partners L.P. (NYSE:EPD):
“I think you have to have an energy stock in your portfolio. You have to. The best ones may be the . . Enterprise Partners is doing very well, EPD. I don’t know. There’s a lot of ways to make money down there.”