We recently published a list of 7 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where Enterprise Products Partners (NYSE:EPD) stands against other stocks on Jim Cramer’s radar.
Jim Cramer, host of Mad Money, recently shared his thoughts on the prevailing negative sentiment surrounding data centers and discussed the broader economic implications of Trump’s tariffs, especially their effect on consumer confidence.
“The rebellion against the data center continues. That’s the dominant theme of this market. Don’t anyone tell you otherwise… How do I know this? Aren’t there more cross-currents than that? Oh, of course, there are. I mean there’s the endless tariff Trump beat, one that’s driven stocks lower en masse incredibly.”
READ ALSO: Jim Cramer Commented on 12 Stocks Linked to Data Centers and Jim Cramer on 10 Stocks With The Biggest Declines Last Week
He noted that aside from the Dow, no major index, including the S&P 500, the Nasdaq, the transport sector, or even the small-cap Russell 2000, has managed to gain since Trump’s inauguration. In fact, some of these indices, like the Russell, have been hit particularly hard. Cramer commented on the almost daily barrage of new tariffs, saying, “It feels like we get a new tariff for every day, doesn’t it?”
“Perhaps there’s a sense that the Trump bump is over. We know that when he was elected, the business world cheered with both their voices and their dollars. It was spontaneous.”
The optimism, he noted, led to a surge in stock prices across various sectors. However, after Trump entered the second month of his presidency, some business leaders started to question the turmoil coming out of Washington. Cramer pointed out that this growing uncertainty is contributing to a more cautious outlook in the business world.
He highlighted that the much-anticipated tax cuts have not materialized yet, with instead, a constant stream of confusing and unpredictable tariff-related talk coming from the administration. Cramer went on to explain that the uncertain environment is making people feel uneasy. He referenced an indicator from the University of Michigan’s consumer sentiment report, which was noticeably more negative than anticipated.
“One of the indicators we got this week, the University of Michigan consumer sentiment reading, was appreciably more negative than we expected. That’s a read of what I’m talking about. We know this economy runs on the consumer. Any sign of a real slowdown based on consumer confidence could be a shocker.”
Our Methodology
For this article, we compiled a list of 7 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on February 25. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
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).
Aerial view of a refinery tower surrounded by the sprawling landscape of pipelines in an oil & gas midstream facility.
Enterprise Products Partners L.P. (NYSE:EPD)
Number of Hedge Fund Holders: 29
Enterprise Products Partners L.P. (NYSE:EPD) provides midstream energy services, such as the transportation, storage, and processing of natural gas, crude oil, NGLs, petrochemicals, and refined products. When asked about the company, Cramer said, “Double down on it.”
Cramer’s bullishness on Enterprise Products Partners (NYSE:EPD) has not wavered as he expressed a similar sentiment in January:
“Oh my God, it’s my absolute, absolute favorite of the group. I think you just gotta, just stand there and buy it. It’s cheap. It’s got a good yield and its business is fabulous. Thank you Rusty Braziel for pointing that one out to me a long time ago.”
Overall, EPD ranks 6th on our list of stocks on Jim Cramer’s radar. While we acknowledge the potential of EPD as an investment, our conviction lies in the belief that 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 EPD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
