Jim Cramer on Cal-Maine Foods (CALM): “Eggs Have Had Their Day in the Sun”

We recently published a list of Jim Cramer’s Thoughts on These 5 Stocks. In this article, we are going to take a look at where Cal-Maine Foods, Inc. (NASDAQ:CALM) stands against other stocks that Jim Cramer discussed.

On Thursday’s episode of Mad Money, Jim Cramer addressed the growing friction between Federal Reserve Chairman Jerome Powell and President Donald Trump.

“President Trump, what took you so long? This man went almost a hundred days before he finally said he’d like to see Fed Chief Jay Powell ousted for keeping interest rates too high. I thought he would’ve done it weeks ago. Of course, it’s illegal for him to fire Powell as the Fed’s an independent agency, but it certainly sounds like the White House wants more control over the Federal Reserve.”

READ ALSO Jim Cramer’s Game Plan for Next Week: 25 Stocks in Focus and 12 Stocks on Jim Cramer’s Radar Recently

The market, however, seemed relatively unaffected, which Cramer interpreted as a sign that this kind of rhetoric had already been priced in or expected. Cramer mentioned that job availability remains strong across the country. He argued that as long as Americans remain employed in large numbers, the constant chatter about an imminent recession may be overstated. However, he acknowledged that this time feels different due to the uncertainty surrounding the global trade war. He warned that the situation carries a serious risk, especially if tensions escalate. He added:

“China’s like a squid with its tentacles and everything from auto parts to rare earth minerals to anything made of plastic and almost all textiles, very hard to wean our economy off that merchandise overnight.”

Cramer reminded his audience that there is a cost to imposing tariffs and disrupting international commerce. He drew a parallel to a grim historical precedent, recalling that sweeping tariffs preceded the Great Depression. He added:

“Call Powell worried. He’s read the history. He knows his facts. Some wonder if President Trump wants to fire him. Powell’s considered style must just drive this man crazy…. If I were Trump, I’d stop trying to fire Powell, which he can’t do, at least not legally, and keep him around as a whipping boy if we really do go into recession.”

Our Methodology

For this article, we compiled a list of 5 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 17. 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).

Jim Cramer on Cal-Maine Foods (CALM): “Eggs Have Had Their Day in the Sun”

Cal-Maine Foods, Inc. (NASDAQ:CALM)

Number of Hedge Fund Holders: 34

A caller inquired about Cal-Maine Foods, Inc. (NASDAQ:CALM), and Cramer said, “No, eggs have had their day, eggs have had their day in the sun.”

Cal-Maine (NASDAQ:CALM) is involved in the production, grading, packaging, marketing, and distribution of different types of shell eggs and egg products. Its offerings include specialty eggs such as cage-free, organic, and nutritionally enriched options, which are sold under several brand names. Earlier in March, commenting on the company, Cramer remarked:

“All right, so Cal-Maine, the reason why it’s going down is because people feel this, this shortage is going to end, when the shortage is going in, the stock is gonna go lower. I totally agree with you on everything, but I do and when I see a stock with a 4 or 5 PE, that means the numbers are going lower, and therefore it’s probably not as cheap as you think. And that’s the way I look at Cal-Maine.”

Overall, CALM ranks 3rd on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of CALM 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 timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CALM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.