In this article, we will take a detailed look at Jim Cramer Was Talking About These 10 Stocks Amid Tariff Chaos.
Jim Cramer in a latest program on CNBC talked about the market rebound on Friday, and said that there’s still uncertainty ahead as consumers remain worried about the impact of tariffs.
“Right now people are scared. We saw a shocking decline in the University of Michigan consumer sentiment survey this morning. People fear inflation and worry about their savings, which happens to be, in many cases, the stock market. They don’t know what tariffs mean and they haven’t had them explained to them in any satisfactory way, so they figure the tariffs are yet another thing that raises prices in the supermarket — and that’s probably true.
I know the president and his crew have chosen not to focus on the stock market because they don’t want to have it be a referendum on themselves. I agree with that, but it won’t be — it’ll be the voice of the people and what they’re worried about. Think of the market as a gauge of hope versus despair. The results lately demonstrate despair, even if today we finally got a solid session. The cause and effect are so palpable that you don’t need me to tell you how these gains came about, do you?”
Cramer predicted that retail sales numbers next week will be “dismal” as consumers are worried about losing their jobs and are cutting back on spending.
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For this article, we picked 10 stocks Jim Cramer recently talked about during his programs on CNBC. With each stock we have 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. BlackBerry Ltd (NYSE:BB)
Number of Hedge Funds Investors: 15
Jim Cramer in a latest program on CNBC said BlackBerry Ltd (NYSE:BB) is a speculative stock.
“BlackBerry is a dice roll. I mean, like, you know, it’s like 4, 3, 2, 1—I don’t know what it’s going to do. This one is just a total spec, nothing more than that.”
9. Cheesecake Factory Inc (NASDAQ:CAKE)
Number of Hedge Funds Investors: 22
A caller recently asked Jim Cramer about Cheesecake Factory Inc (NASDAQ:CAKE) during the Lightning Round segment of his program on CNBC. Cramer recommended the stock and called it a “winner.”
“You got a winner in Cheesecake Factory, and you’re absolutely right. And by the way, they do have a menu that doesn’t have a lot—you know, they’ve got stuff that is not incredibly fattening too. I think that you got a good stock to buy with Cheesecake.”
8. Campbell’s Co (NASDAQ:CPB)
Number of Hedge Funds Investors: 33
Jim Cramer in a latest program on CNBC commented on Campbell’s Co (NASDAQ:CPB) earnings and highlighted weak organic sales guidance and volume mix declines. Cramer believes GLP-1 weight loss drugs are impacting the company.
“No one’s willing to say it. Okay, it’s just like, well, right now, they’re kind of not buying as much, David. This is what they won’t talk about. Why won’t they talk about it? ‘Cause that’s existential.”
7. Best Buy Co Inc (NYSE:BBY)
Number of Hedge Funds Investors: 37
Jim Cramer in a latest program on CNBC said Best Buy Co Inc (NYSE:BBY) results were better than expected but the stock fell because of the management’s comments saying the company will have to raise prices due to the potential impact of tariffs.
“The numbers out today were much better than expected—not better than expected, not better than feared, much better than expected. There was without a doubt a shock when you saw how good these were, because what it said is that Corie Barry and raised the div to, in this environment, is just doing incredibly well. And then there was this paragraph at the end of her talk where she said, of course, tariffs are coming, get a lot of stuff from China and Mexico, and we’re going to have to raise prices. We’re not sure how much we’re going to have to raise prices.”
Best Buy (NYSE:BBY) posted fourth-quarter results that topped Wall Street’s forecasts, while its FY26 outlook came in line with expectations. However, shares fell amid consumer environment headwinds.
“As we enter FY26, we believe consumer behavior will be largely similar to last year – remaining resilient but still dealing with high inflation that is driving expenses up across their lives, making them value focused and thoughtful about big ticket purchases,” said Best Buy CFO Matt Bilunas during the earnings call. [read the full earnings call transcript here]
Best Buy sees comparable sales growth to range from flat to up 2% for FY26, with most of the growth likely in the second half due to product launches and new initiatives. Comparable sales for Q1 are projected to dip slightly from FY25.
6. GSK plc (NYSE:GSK)
Number of Hedge Funds Investors: 38
Jim Cramer was recently asked about GSK plc (NYSE:GSK) in a latest program on CNBC. Here is what Cramer said in response:
“GSK, well, look, GSK is a very inexpensive stock with a 4% yield. A lot of things going for it. I’m going to say yes to that.”
5. Abercrombie & Fitch Co (NYSE:ANF)
Number of Hedge Funds Investors: 51
Jim Cramer in a latest program on CNBC talked about Abercrombie & Fitch Co (NYSE:ANF) earnings results and said the stock is “despised” despite strong performance due to the uncertainties related to tariffs and overall market weakness.
“Abercrombie & Fitch, which by the way is a very, very good company, reports a quarter that looks okay. If you read everything, you say okay, they’re a little worried about what’s going to happen with tariffs, and people just take it out and shoot it. Now, one of these, like Best Buy yesterday, has 60% China and 20% Mexico, so I totally get that. But this is a good company that was on a huge winning streak and now is just so despised. When you mentioned to me what could happen down the road after the president’s done with this part of the agenda, you’ll look at this and say, how did that get there? But right now, you just can’t look at it. You just say, I can’t buy Abercrombie & Fitch Co (NYSE:ANF). And it’s rather amazing, ’cause boy, they were on a hot streak.”
ClearBridge Mid Cap Growth Strategy stated the following regarding Abercrombie & Fitch Co. (NYSE:ANF) in its Q3 2024 investor letter:
“We are encouraged by the high proportion of positive returns on new ideas added over the last five quarters of elevated new idea generation, with solid contributions to overall performance despite their representing a modest portion of the Strategy’s assets.
We continued to deliver strong new idea generation, adding four new investments in the quarter: OneStream (through participating in its IPO), Abercrombie & Fitch Co. (NYSE:ANF), Wintrust Financial, and FTAI Aviation.
Abercrombie & Fitch is a global retailer with two primary brands, A&F and Hollister, providing apparel and accessories targeting millennials and Gen Z, respectively. Following multiple years of mis-execution, the company has repositioned its brands for durable growth, rationalized its store footprint, and is growing profitably with a nimble, fast-follower fashion strategy.”
4. Agnico Eagle Mines Ltd (NYSE:AEM)
Number of Hedge Funds Investors: 54
Jim Cramer was recently asked about his thoughts on Barrick Gold. He instead recommended Agnico Eagle Mines Ltd (NYSE:AEM) as a better buy.
“It’s killing me, it’s killing me that that thing isn’t moving. It’s not doing what I thought it should, so that’s why I’m saying pivot. Agnico Eagle, that’s the one I like. Agnico Eagle, let’s go to.”
Conventum – Alluvium Global Fund stated the following regarding Agnico Eagle Mines Limited (NYSE:AEM) in its Q3 2024 investor letter:
“Our gold miners performed quite well. Agnico Eagle Mines Limited (NYSE:AEM) was up 22.4%, and Regis Resources was up 16.2%. Moving on to Agnico Eagle, its update was all positive, and included promising expansion plans for existing assets. Unlike Regis, there was no reason for its share price not to respond to the favourable conditions in the direct gold markets. However, over the course of our ownership (originally in Kirkland Lake which then merged with Agnico), our investment has moved more toward exploration from operations. Whilst we like upside, and there is no doubt the Agnico management team have executed well and are likely to continue to do so, this was never the main game when it came to our investment in Kirkland Lake in mid 2020. So, it no longer meets our original investment thesis, nor our refined investment philosophy. This is perhaps best illustrated by our earnings based valuation approach. We updated our gold price and exchange rate assumptions leading to higher maintainable earnings estimates, and we adjusted our discount rate to reflect higher growth prospects and increased confidence in management. And our valuation increased by 47%. However it is still barely half the current share price. Accordingly, we sold our position.
So, we no longer invest in any gold miners. The timing of our Regis sale was not great as we missed a subsequent 26.7% rally to the end of the quarter. However, the decision to sell was the right one. This is an example that one should not judge the quality of a decision by its outcome. Net-net the Fund’s total return over its holding period for the gold miners was disappointing, as our 82.8% capital return from Agnico was almost completely wiped out by our 39.8% capital loss from Regis.”
3. AerCap Holdings N.V. (NYSE:AER)
Number of Hedge Funds Investors: 68
A caller recently asked Jim Cramer about aviation leasing company AerCap Holdings N.V. (NYSE:AER). Cramer recommended the stock and praised the company’s management.
“It’s a winner. I think you should buy it. I really like it. I love management.”
O’keefe Stevens Advisory stated the following regarding AerCap Holdings N.V. (NYSE:AER) in its Q4 2024 investor letter:
“AerCap Holdings N.V. (NYSE:AER) performed well in 2024 due to a robust secondary market for used aircraft stemming from supply shortages. Throughout 2024, the stock rose steadily, finishing the year up 29.8%, while initiating its first dividend in May. Our thesis remains unchanged as secondary transactions occur at significant premiums to carrying values. We are most excited that lease renewals signed in 2023-2024 will finally impact results, improving profitability. We expect AerCap to compound book value in the mid-teens over the next several years. We expect another year of above-average returns as the stock trades at tangible book value, 7.5 times our 2025 EPS estimate, and optionality related to Russian insurance claims.”
2. Eaton Corporation PLC (NYSE:ETN)
Number of Hedge Funds Investors: 90
When asked about Eaton Corporation PLC (NYSE:ETN) and its selloff, Cramer said the company’s quarter was decent and recommended investors to pile into the stock.
“It is unbelievable. That quarter was not that bad. I can’t believe what’s happened to the stock.We think it should be bought on the spot right now.”
Ave Maria World Equity Fund stated the following regarding Eaton Corporation plc (NYSE:ETN) in its first quarter 2024 investor letter:
“Eaton Corporation plc (NYSE:ETN) is an intelligent power management company. The company is a long-term beneficiary in the trend towards electrification, energy transition and digitalization. Eaton is also benefiting from unprecedented global stimuli such as the Inflation Reduction Act, Infrastructure Investment and Jobs Act, the Chips and Science Act and the EU recovery plan known as the NextGenerationEU.”
1. Netflix Inc (NASDAQ:NFLX)
Number of Hedge Funds Investors: 121
Jim Cramer in a latest program on CNBC gave bullish comments on Netflix Inc (NASDAQ:NFLX).
“You got a common sense method of looking for a stock that does not have a problem with tariffs, that also is indispensable, and its subscription business sits down almost 10%.”
After sensing major threats amid rising competition in the market from Disney Plus, Peacock (CMCSA), Max, Amazon and YouTube, Netflix Inc (NASDAQ:NFLX) has fired all engines and is using a multi-pronged approach to thrive. Netflix Inc (NASDAQ:NFLX) is expanding into emerging markets, aggressively focusing on user engagement and tapping into advertisement and gaming. Netflix Inc (NASDAQ:NFLX) is also expanding into NFL games and WWE.
Polen Focus Growth Strategy stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q4 2024 investor letter:
“The top absolute contributors were Amazon, Shopify, and Netflix, Inc. (NASDAQ:NFLX). Beyond these top relative contributors, it’s worth noting Netflix as a top absolute contributor as the company continues to extend its lead over its streaming competitors as evidenced—among other things—by 10% YoY subscriber growth in North America, its most mature market. Customers are clearly finding significant value in Netflix’s content offering, and that—along with opportunities to scale the advertising-based video-on-demand segment—should drive healthy double-digit earnings growth for the foreseeable future.”
While we acknowledge the potential of Netflix Inc (NASDAQ:NFLX), our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NFLX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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