In this piece, we will look at the stocks Jim Cramer recently discussed.
In a fresh appearance on CNBC’s Squawk on the Street, Jim Cramer started off by discussing President Trump’s latest tariff announcements that include a 10% levy on all imported goods and tariffs of varying levels on 60 countries. Commenting on the impact on the stocks, Cramer shared that “There’s always money to go somewhere.” He believes that the money will flow to utility companies, consumer goods manufacturers and healthcare companies as they have pricing power and are exposed to domestic US demand instead of demand for imported products.
Further commenting on the companies affected by the tariffs, he added:
“And I’m looking at. . . there’s the luckless and the lucky, and the luckless are companies that moved from China to Vietnam. China to Thailand. China to other areas where they thought they were allowed to go to. To Mexico. . . But David, there are some companies in the crosshairs that are going down. And there are some companies in the crosshairs that are going up.”
Cramer also commented on the impact of tariffs on businesses and the goal of the Trump administration. Cramer believes that the tariffs might prove to be airtight when it comes to incentivizing manufacturing in the US:
“My people that do industries say okay here’s what the tariffs were. They figured out what would make it so the only place you would want to make something is America. Wherever you go. You can’t. . it’s like Muhammad Ali, you can run, but you can’t hide. And I think that’s the ultimate goal. And the only time it would not be is if you think the dollar’s so strong that you won’t, that you’d still want to import.”
Yet, commenting on Deutsche’s report saying it was starting to worry about the dollar’s safe haven status, Cramer stated: “Well, I think that that’s correct. That was a great note.”
Elaborating further on the impact of tariffs on businesses, Cramer outlined:
“We don’t know whether these are starting points in negotiation or whether there’s no negotiation whatsoever. It’s entirely possible there’s no negotiation whatsoever. That they just want it to be this way.”
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 3rd.
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).
10. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders In Q4 2024: 0 (IPO’d in Q1 2025)
CoreWeave, Inc. (NASDAQ:CRWV) is an AI hardware company that builds and provides GPU-based infrastructure for computing. It is the youngest entrant on the stock market after having listed its shares for trading late last month. Since its IPO, CoreWeave, Inc. (NASDAQ:CRWV)’s shares have gained 18%, with the gain coming after they initially dipped immediately after the listing. In his previous comments, Cramer and co-host David Faber have pointed out that valuing CoreWeave, Inc. (NASDAQ:CRWV)’s GPU assets might be tricky. Here are Cramer’s latest thoughts:
“Whatever CoreWeave has [GPUs], everyone’s bidding for. CoreWeave had a big stash of them, but it’s not because of Microsoft. Everything’s being built by OpenAI and I wish people would stop with that story about Microsoft pulling back. Because it’s not right.”
9. Ford Motor Company (NYSE:F)
Number of Hedge Fund Holders In Q4 2024: 45
Ford Motor Company (NYSE:F) is a regular feature of Cramer’s morning show. Throughout this year, he has commented on its firm-specific troubles stemming from high warranty costs and broader risks from high tariffs. Yet, recent turmoil in Tesla shares has made Cramer wonder whether the EV company would be better off trading as Ford. Here are his latest thoughts about Ford Motor Company (NYSE:F):
“Powell’s smarter than people realize. Powell has the same data I have from Ford and GM. He know that once they’re through the inventory and they have to raise the price, then no one’s going to buy! Because they would have already pulled through. And they won’t have the money. So you have to cut. It’s a natural cut.”
“Ford’s barely down. They’re gonna have a great month.”
8. American Electric Power Company, Inc. (NASDAQ:AEP)
Number of Hedge Fund Holders In Q4 2024: 47
American Electric Power Company, Inc. (NASDAQ:AEP) is a utility company that Cramer believes can benefit in today’s markets that are roiled by tariffs. This is because of the firm’s exposure to domestic US markets and independence from global supply chains. In his previous comments, the TV show host commended American Electric Power Company, Inc. (NASDAQ:AEP)’s operations and commented that the firm is “well run.” Here are his latest remarks:
“There’s always money to go somewhere. I think the money’s going to heavily to the American Electric Powers, the Entergys, the utilities, to the companies that have pricing power like Proctor, JNJ. And will flee the areas where it’s so hard for companies to get out of areas.”
7. Ventas, Inc. (NYSE:VTR)
Number of Hedge Fund Holders In Q4 2024: 48
Ventas, Inc. (NYSE:VTR) is among a group of stocks that Cramer believes can benefit as investors recalibrate their portfolios to match a changed global supply chain following President Trump’s tariffs. It is a real estate investment trust that focuses on senior living facilities. The CNBC TV host discussed the stock in great detail as he remarked:
“I’m just trying to get people where money’s going to go to. It’s gonna go to a stock like Ventas which is run by Debra Cafaro. VTR. It is senior housing. And senior housing, with a 2.7% yield, is what’s going to get buyers. So just be aware. Money goes to where it can be safe. And Ventas is a safe stock. A REIT that’s domestic. And it’s not related to retail. And I think that’s what people should be thinking about.
“Ventas’ numbers will go up.”
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?”
5. Kimberly-Clark Corporation (NYSE:KMB)
Number of Hedge Fund Holders In Q4 2024: 50
Kimberly-Clark Corporation (NYSE:KMB) is a consumer products company that is another stock that Cramer prefers amidst the ongoing market turmoil due to tariffs. As we alluded to in our introduction, he advised viewers to focus on firms that have the ability to set prices. Kimberly-Clark Corporation (NYSE:KMB)’s business is primarily focused on the US markets, and it doesn’t rely extensively on imports for its production. Here are Cramer’s complete thoughts about the firm:
“[On threats to American brands, opportunities to China] It’s all true. And that’s why you wanna go buy Kimberly Clark and Procter. Right. You wanna go buy great brands that can negotiate and you can’t beat them. You want to have Kleenex in your store? Here’s the price. You want Coca-Cola? Do you know that Costco had to bend to Coca-Cola’s wishes?”
“The money funnels to a dozen stocks. It goes to McKesson, it goes to AT&T. David, it goes to Kimberly, it goes to Procter.”
4. Constellation Brands, Inc. (NYSE:STZ)
Number of Hedge Fund Holders In Q4 2024: 51
Constellation Brands, Inc. (NYSE:STZ) is an alcoholic beverage company that has been a regular feature of Cramer’s morning show ahead of yesterday’s tariff selloff. In those remarks, he pointed out that the firm’s weakening sales might be due to secular trends as younger generations drink less. This time around, he commented on Constellation Brands, Inc. (NYSE:STZ)’s insulation from tariffs:
“David’s absolutely right. Modelo’s up, Constellation, because they didn’t get hit by additional.”
3. RH (NYSE:RH)
Number of Hedge Fund Holders In Q4 2024: 51
RH (NYSE:RH) is a homebuilding supplies company whose shares are down by a whopping 62% year-to-date. The stock was gutted during Thursday’s selloff as it lost 40% during the day’s trading after a weak earnings report. Cramer’s previous comments about RH (NYSE:RH) have pointed out that the firm has done its best to diversify its business away from China. As the shares bled during trading, here are his latest thoughts:
“[On interest costs coming down] And that’s why Gary Friedman’s company is going to make it.”
“I mean now he does talk about something that is kind of ironic and anyone whose in the furnishing business knows that the worst thing you could possible have is inventory. Too much inventory. But last night he turned that into a positive. He said listen, we happen to have huge amount of inventory. Now there a lot of people who say listen, he bought back a lot of stock with debt. So therefore he is, quote, in trouble. But I don’t know.”
2. Entergy Corporation (NYSE:ETR)
Number of Hedge Fund Holders In Q4 2024: 51
Entergy Corporation (NYSE:ETR) is an electricity provider that generates and distributes power. Cramer has discussed the stock just twice this year, with the second mention coming on Thursday’s show. In his first mention, he discussed the firm in the context of nuclear power generation. Entergy Corporation (NYSE:ETR) provides nuclear power plant decommissioning services and also generates power through the technology. It’s a Jim Cramer stock to focus on amidst the tariff bloodbath:
“There’s always money to go somewhere. I think the money’s going to heavily to the American Electric Powers, the Entergys, the utilities, to the companies that have pricing power like Proctor, JNJ. And will flee the areas where it’s so hard for companies to get out of areas.”
1. Agnico Eagle Mines Ltd (NYSE:AEM)
Number of Hedge Fund Holders In Q4 2024: 53
Agnico Eagle Mines Ltd (NYSE:AEM) is a gold mining company that Cramer has mentioned several times over the past month. His comments about the firm have revolved around the firm’s gold production and its management. He believes that Agnico Eagle Mines Ltd (NYSE:AEM) stands to benefit from greater gold demand during today’s uncertainty-driven era. He is also optimistic about the firm’s management. Here are his latest thoughts about Agnico Eagle Mines Ltd (NYSE:AEM):
“Golds are working. I’ve got Barrick. I think Agnico’s the better one.”
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