On Monday, Jim Cramer, host of Mad Money, shared his thoughts on how the government’s approach to tariffs could play a crucial role in sustaining the stock market rally. Cramer expressed satisfaction with the current direction of policy.
“There’s what happened two weeks ago, two Thursdays ago, more accurately when the stock market official went into correction mode. Until the market broke down like that, I think the president was perfectly willing to hammer anybody just to get his way.”
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“I don’t think he (President Donald Trump) wants to punish good American companies that make things here.”
Cramer explained that he no longer thinks the president wants to harm American companies that manufacture goods domestically. He suggested that the shift in attitude is a relatively new development, and it may signal a more nuanced approach going forward. He noted that with the market’s recovery, it is possible that the conversation around protectionist tariffs will surface once again, but the context might have changed.
Cramer speculated that when the market entered correction mode, President Trump may have been influenced by the pleas from various observers about the damaging effects on stocks of good American companies.
“Here’s the bottom line: At the end of the day, America’s the only country on earth that’s played fair on trade. Everybody else breaks the rules to protect their domestic businesses. That’s hollowed out our industrial heartland. And that dynamic can only change if our government takes a more carrot-and-stick approach. Assuming Trump doesn’t go overboard, that might just be what we’ve got and it means stocks can finally stage a real rally again.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 24. 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 Recently Put These 10 Stocks Under Spotlight
10. Titan America SA (NYSE:TTAM)
Number of Hedge Fund Holders: N/A
When a caller asked Cramer’s opinion on Titan America SA (NYSE:TTAM), he said:
“No, I’ll tell ya. Cement is really one of the ultimate commodities. I can’t go there. I’m very sorry.”
Titan America (NYSE:TTAM) is a major producer of cement and building materials, with a range of operations including cement plants, ready-mix concrete plants, construction aggregates, and fly ash production facilities, along with distribution hubs and terminals.
Additionally, on March 12, HSBC analyst Wesley Brooks initiated coverage of Titan America (NYSE:TTAM) with a Buy rating and a price target of $19. According to the analyst, Titan is the leading producer of cement and heavy-side building materials in Florida and the Mid-Atlantic, holding a 30% market share with a vertically integrated approach. The firm noted that the stock has dropped 6% since its February IPO, presenting a “compelling valuation.”
9. Winnebago Industries, Inc. (NYSE:WGO)
Number of Hedge Fund Holders: 21
A caller asked when they should cover their short on Winnebago Industries, Inc. (NYSE:WGO), and Cramer commented:
“No, no. I’m a Thor guy and I’m not, no, we’re not gonna be that, that is the wrong, it’s not that point in the, in the cycle. It’s the wrong point in the cycle because you need about five, you need about 72 rate cuts for some of these.”
Winnebago Industries (NYSE:WGO) designs and sells recreational vehicles and marine products, including towable RVs, motorhomes, and recreational boats, under well-known brand names. It also provides specialty commercial vehicles and manufactures parts for other manufacturers. The company confirmed its revenue expectations for fiscal 2025, ranging from $2.9 billion to $3.2 billion. Based on first-quarter results and future projections, the company has narrowed its EPS guidance, now expecting reported EPS to be between $2.50 and $3.80, and adjusted EPS between $3.10 and $4.40.
