We recently published a list of Jim Cramer Highlighted 12 Stocks and Tariff Panic. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands against other stocks that Jim Cramer highlighted.
On Monday, Jim Cramer, the host of Mad Money, discussed the current market and he identified opportunities for investors amid the volatility.
“Alright, there’s always a bull market somewhere. I end the show with that tagline every night. I say it because it’s true. Look at today, the market looked hideous this morning, right on the heels of some horrific overnight futures action. But after the S&P 500 reached a level where it was down 10% from its highs. where it held last time, we started snapping back.”
READ ALSO Jim Cramer Looked At These 23 Stocks Recently and Jim Cramer Put These 16 Stocks Under a Microscope
Cramer suggested that the market’s swift recovery might be a result of an overly negative sentiment among investors. He theorized that the S&P 500’s brief drop to the 10% mark could have triggered some buying activity as traders took advantage of the lower prices, possibly fueled by end-of-quarter retirement contributions. The selling pressure, he pointed out, seemed to dissipate, which could have allowed for a bounce in the market. However, Cramer cautioned that the movement was not just coincidental. It appeared to challenge the narrative that the economy was heading toward a stagflation scenario due to tariff-induced inflation.
Cramer suggested that investor exhaustion over the current administration’s unpredictability is a significant factor in the market’s volatility. Cramer remarked that many investors are uncertain about what actions the president might take next, which has created a climate of fear and hesitation in the market. He noted that the bears had dominated the quarter, with a gloomy outlook prevailing throughout, which leaves little room for optimism. Yet, Cramer hinted that it might be shifting. He wondered if the negativity had simply reached a tipping point, which resulted in a shift in market dynamics.
Cramer highlighted the mixed economic signals contributing to the market’s turbulence. While inflation was on the decline, the president’s tariffs were adding inflationary pressure. Unemployment was at historically low levels, yet certain policies from the administration had caused uncertainty and disruption. Cramer noted how the market had been performing well last year before political instability introduced a level of uncertainty that he had not seen since the Carter administration.
“Bottom line: Maybe Wednesday is the liberation day. It’s just the day when American investors may be finally liberated from the president’s not-so-pro-business attitude once he gets the tariffs out of the way.”
Our Methodology
For this article, we compiled a list of 12 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 31. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
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).
A team of bankers in suits, discussing the success of the company’s banking products.
Wells Fargo & Company (NYSE:WFC)
Number of Hedge Fund Holders: 96
Wells Fargo & Company (NYSE:WFC) was mentioned during the episode, and here’s what Cramer had to say:
“I spied the financials as being good. Wow, what’s that all about? I think we may be going along the route that says there will be no tariffs on the banks and the banks could soon be less regulated under this administration. Just this morning, Morgan Stanley talked about how Wells Fargo could be a huge winner if it finally sheds the darn asset cap implemented back in the early days of 2018…. If you read the piece, you’d think that the stock is just screaming by. It had me from the first line, ‘It’s a new era for bank regulation.’
Morgan Stanley said that once the asset cap is gone, it will allow Wells Fargo, which we own for the Charitable Trust, to put up better loan growth, better trading revenues, and lower expenses. Wow. I think that this piece was a bit of a life raft in the Atlantic. A note that says, ‘Hey, look at me, look at me. Remember the president said, there’ll be less regulation? Now it’s gonna happen. Hey, hey.’ Sure enough, Wells Fargo went up and it took the other big banks along with it.”
Wells Fargo & Company (NYSE:WFC) is a global financial services firm that provides a variety of banking, investment, mortgage, and financial solutions.
Overall, WFC ranks 1st on our list of stocks that Jim Cramer highlighted. While we acknowledge the potential of WFC, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than WFC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
