In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer shared what the Trump administration could do to stop the stock market bloodbath unleashed by tariffs. Commenting on potential actions on Friday, he outlined:
“We do need that path to help companies. And that should happen this weekend. It wouldn’t violate anything the President says. . .Possible yield getting cut because of the dividend and I say no, stay the course. Because I believe that the President will see the light and say it’s the countries that are problem not our great American companies, we’re not gonna hurt those companies because that hurts the worker. It is such a clear path that I’m offering right now that if they don’t take it it’s foolish.”
Cramer’s co-host Carl Quintanilla asked him about his thoughts about tariffs generating revenue for the US government. In response, Cramer commented:
“Well you still get plenty of revenue if you just give companies a chance to be able to open jobs here. But they have to make an [Jensen Huang’s. AI GPU company] like commitment, they have to say listen we’re not waiting, we’re building the factory, we’re putting people right. We have found space. We have found work. Because they have to do that in order to be able to say look, there’s going to be immediate revenue in our country. If they don’t do that, then I understand they won’t be able to raise enough revenue.”
Cramer continues to believe that US companies that create jobs in America should be helped by the government. According to him:
“I’m concerned about companies and what they’re trying to do for workers. And there needs to be a bridge. We’re bridging the farmers. You know they’ll bridge the farmers. You have to offer a path to make it so that we still get those trillions, still get them, but companies that really want to help the American worker, commit right now, boots on the ground. . .that’s what I need.”
Adding more details about the impact of tariffs on US workers, he outlined:
“And we’ve got great digital companies. Again, we have amazing companies that I wanna stick up for the workers of our companies. Because, they’re the ones who’ll indeed be sacrificed. Because the plans all have to be cut back. There’s gonna be, there’s gonna be this period where there’s gonna be a reframing of hiring. And they, we had great numbers today, we’ll have great numbers for the next three months. But after that there’s really no incentive to hire because you’re not gonna expand.”
When Quintanilla asked Cramer what he thought about Buffett holding $334 billion in T-Bills, Cramer stated:
“You know I mean this was the time to, to not do anything. But I think that he had the luxury of, that our viewers don’t have. Which is our viewers are trying long term to invest in the stock market.”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on April 4th.
For these stocks, we also mentioned the number of hedge fund investors. 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).
8. NIKE, Inc. (NYSE:NKE)
Number of Hedge Fund Holders In Q4 2024: 73
NIKE, Inc. (NYSE:NKE) is a troubled athletic apparel retailer that just can’t catch a break. Ahead of last week’s tariff-induced selloff, the shares were already struggling as the firm navigated through a turnaround under the leadership of a new CEO. During the selloff, its shares dipped by 11.9% due to the firm’s consumer exposure and supply chain. Here’s what Cramer said about the firm on Friday:
“Look, Nike. They are really in trouble. But, they went and played by the rules. They went to Vietnam. I think you offer these companies a path and say listen, we’re gonna exempt you.”
“Nike did nothing wrong. Lulu did nothing wrong. These companies they didn’t do anything wrong. They played by the rules. They left China. RH left China. They played by the rules. Why hurt the people who played by the rules?”
7. The Home Depot, Inc. (NYSE:HD)
Number of Hedge Fund Holders In Q4 2024: 88
The Home Depot, Inc. (NYSE:HD) is a home improvement retailer that is one of Cramer’s top stocks in the sector. He believes that the firm can benefit from a shortage of homes in the US. The Home Depot, Inc. (NYSE:HD) shares are down by 14% year-to-date, and they dipped by 4.6% as they were buoyed by the firm’s domestic exposure and the potential of homebuilding stocks to benefit due to lower rates. Here’s what Cramer said about The Home Depot, Inc. (NYSE:HD) on Friday:
“I wanna talk about Home Depot. I think it’s exactly the kind of stock you have to buy. Because rates are coming down. And there will be housing turnover. And it’s a win for them. It’s a very good situation. Lowe’s is up too.”
“Because the rehab is very important. The remodel is very important. . .Home Depot can say, okay look guys. We’re real big. You’re not. Here’s your price. And that’s one of the great things about Ted Decker.”
