10 Stocks Jim Cramer Discussed As He Commented On Latest Tariffs

1. Tapestry, Inc. (NYSE:TPR)

Number of Hedge Fund Holders In Q1 2025: 73

Tapestry, Inc. (NYSE:TPR) is a luxury apparel company whose shares have managed to withstand the broader pessimism in the retail and apparel sector. The stock is up by 49.9% year-to-date, with all these gains attributable to the 62% jump since early April. Tapestry, Inc. (NYSE:TPR)’s shares have gained due to several tailwinds such as robust earnings performance, which saw the firm raise its full-year revenue and EPS guidance to $6.95 billion and $5 in May. Cramer is impressed by Tapestry, Inc. (NYSE:TPR)’s performance, as he remarked:

“Now Tapestry’s the best story in the industry because of Coach being on fire. I know that Birkin went for a lot of money. That seems like to me like a [inaudible] but the Coach is doing incredibly well. And Ralph Lauren is doing well. We’ve got companies that I think can withstand the tariff.

“Wow, that company’s so well run. They don’t promote themselves. Here we are again. Here we are again. Another all-time high. 20 billion, I know that it’s not that big.”

Previously, Cramer commented that weakness in Tapestry, Inc. (NYSE:TPR) was simply due to the zeitgeist:

“And Tapestry today. . .that’s just zeitgeist. That’s just people saying well look I. . .we’re pulling back, I’m going to get away from these uh expensive so to speak, apparel companies. And they’re not that expensive. But, it does, it’s worrisome, because no one can come out and say, hey listen, that’s not true. You have a zeitgeist moment that is really affecting everything. It’s a shame. Doesn’t have to be this way.”

While we acknowledge the potential of TPR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TPR and that has 100x upside potential, check out our report about this cheapest AI stock.

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