Jim Cramer Shares Stocks To Buy During Tariffs & Discusses These 10 Names

6. On Holding AG (NYSE:ONON)

Number of Hedge Fund Holders In Q4 2024: 49

On Holding AG (NYSE:ONON) is a retail company that provides sports goods and apparel. It was one of the hardest hit stocks during Thursday’s tariff-driven selloff as the shares dipped by 16%. On Holding AG (NYSE:ONON) was hurt as investors speculated that the firm’s bottom and top lines would be affected by tariffs increasing the costs of its products and affecting demand. As the shares dipped, here’s what Cramer said about On Holding AG (NYSE:ONON):

“A lot of mistaken trading. Right now. People are making it bad. That is like that Amazon’s really hurt by this. Because of world trade. I mean Amazon has pricing power. You want to figure out who has pricing power, they are winners. And I don’t know, does Nike have pricing power? I don’t even know anymore. Does ONON have pricing power?”