Jim Cramer Discusses These 11 Stocks & President Trump’s Tariffs

1. Abercrombie & Fitch Co. (NYSE:ANF)

Number of Hedge Fund Holders In Q4 2024: 51

Abercrombie & Fitch Co. (NYSE:ANF) is a well-known American apparel retailer. The stock has lost a sizable 34% over the past year as the firm struggles to recover from a 16% drop in January. Abercrombie & Fitch Co. (NYSE:ANF)’s shares dropped after the firm’s fourth quarter. The reaction left observers puzzled as the firm’s 7.5% midpoint Q4 growth guidance was higher than the previous figure of 6% in an environment where the broader retail sector has struggled with inflation and low consumer spending. Here’s what Cramer said about Abercrombie & Fitch Co. (NYSE:ANF):

“I thought Abercrombie, it had some good things to say, but overall they didn’t.”

“We are Carl, without a doubt, getting to this moment where you have for retail, I don’t wanna call it existential, but you do have a situation where they had a good quarter but they can’t assess the tariffs. They can’t assess the weakness. They’re all worried about, jobs. And Abercombie and Fitch, by the way, is a very, very good company. Very good company. Reports a quarter that looks okay if you read everything you’d say okay but little, little worried about what’s going to happen with tariffs. And people just take it out and they shoot it. Now one of these like, you know, Best Buy yesterday’s guide, they have 60% China 20% Mexico so we get that. But this is a good company that was on a huge winning streak but now it’s so despised. When you mention to me what could happen down the road after the President’s done with this part of the agenda. You know you look at this and you’ll say how did that get there. But right now you just can’t look at it. You just say, I can’t buy Abercrombie. And it’s rather amazing because boy they were on a hot streak . . .

“And a lot of people felt that last dip was buyable and that was clearly not the case.”

ANF is a stock Jim Cramer recently discussed. While we acknowledge the potential of ANF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ANF but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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