Jim Cramer’s Thoughts on These 7 Stocks

4. AutoZone, Inc. (NYSE:AZO)

Number of Hedge Fund Holders: 47

Cramer expressed appreciation for AutoZone, Inc. (NYSE:AZO) as he said:

“Okay, now listen to me. Listen to me good, AZO is a great stock and you always hear people say, well, wait a second, they buy a lot of parts, AutoZone, from China so therefore it’s no good. Forget that. AutoZone is good. They buy a lot of their own stock.”

AutoZone (NYSE:AZO) sells and distributes a variety of automotive replacement parts and accessories, including hard parts, maintenance products, and non-automotive items. While Cramer had nothing but good things to say about the company recently, in December 2024, he said:

“Here we have a company that imports aftermarket auto parts, including some from China, and any company that imports anything from China is viewed with tremendous skepticism right now, right here. AutoZone, though, has a gigantic buyback that kicks in on any weakness, so can it sidestep tariff worries? I can tell you from the disappointing portion of my Charitable Trust that you simply can’t own stocks with China exposure here. That’s been the case ever since the election. I don’t think anything has changed, so I don’t know. I used to love it, I can’t load the boat up here.”