Jim Cramer Highlighted 12 Stocks and Tariff Panic

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10. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 116

Walmart Inc. (NYSE:WMT) received a comment during the episode as Cramer said:

“There’s also seems to be a weird belief that somehow the tariffs won’t hurt retail. I mean, that’s how you got very big moves, say in TJ, Walmart, Dollar General, Dollar Tree, maybe their stocks simply got too oversold, or the tariffs are now baked in the stocks. We just don’t know. But we do know that these retail stocks were rallying from the get-go this morning. They’ll definitely be hurt by tariffs. Every one of them.”

Walmart (NYSE:WMT) is a retail corporation and it offers a wide range of products, such as groceries, health items, electronics, clothing, and private-label goods. During March 20’s episode of Squawk on the Street, Cramer commented:

“Uh, Klarna, takes the Walmart deal. We don’t even know what they had to give Walmart to get that from a firm. Less than five percent of a firm is a lot of comeback here… No, I’m saying that Walmart’s cheap and Amazon are cheap. And I don’t share the negativity when it comes to the vast number of people who trade.”

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