Jim Cramer, the host of Mad Money, addressed some of Wall Street’s primary concerns on Tuesday, offering insights into how the White House may interpret the ongoing issues surrounding President Donald Trump’s aggressive tariff policies. As alarmed investors continue to react to the potential consequences of these actions, Cramer outlined the main observations that point to the administration’s unpredictable approach. First, Cramer emphasized that the White House is less concerned about whether a country is an ally and more focused on whether that nation is paying its fair share.
“What matters to the White House is not whether a country is an ally. It’s whether that country pays its freight. Its approach is very uneven, which makes it very difficult to fathom.”
READ ALSO Jim Cramer and Analysts Like These 10 Stocks and Jim Cramer Discussed These 7 Stocks
Moving on, Cramer highlighted the apparent disregard the White House has for preexisting trade agreements. Even if a deal was negotiated during Trump’s first term or involved allies, it seems irrelevant to the current administration’s priorities. Cramer noted that the White House’s stance is driven by a belief that trade agreements should not result in the loss of American jobs, regardless of previous negotiations.
Cramer then pointed out the inconsistency in tariff changes. He mentioned that American companies relying on labor from Mexico and Canada could face significant costs, while companies from countries like South Korea, Japan, and various European nations enjoy minimal tariffs on the millions of cars they ship to the U.S. He remarked that fairness does not appear to be a main consideration in these decisions. Next, Cramer touched on Taiwan’s situation and said:
“Taiwan may or may not be relevant. It, it could help its cause if it started paying more for its defense. It doesn’t matter that Taiwan Semi’s located there and is the most, single most important strategic asset in the world for both our industry and our military.”
Cramer also pointed out that there is still no clear timeline for when the tariffs imposed on Mexico will be paid. In another remark, Cramer discussed the uncertainty of whether the White House will offer some form of rebate to American companies that commit to expanding jobs and factories within the U.S. Addressing the broader picture, Cramer emphasized that the concerns of U.S. allies or investors seem to have little influence on the White House’s approach.
“It makes no difference what our allies say or do. Their assurances mean nothing. If you’re upset and sell stocks because of them, or if you bought stocks while Biden was president, or even a few months ago when you could convince yourself that Trump wouldn’t go crazy with the tariffs, well, that doesn’t matter as the White House sees it.”
According to Cramer, the current administration’s priorities are focused on advancing American dominance, not responding to investor or international concerns. He concluded by highlighting the administration’s disbelief that investors continue to voice complaints over the administration’s actions.
10 Stocks on Jim Cramer’s Radar
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 4. We listed the stocks in ascending order of their hedge fund sentiment 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).
10 Stocks on Jim Cramer’s Radar
10. BlackBerry Limited (NYSE:BB)
Number of Hedge Fund Holders: 23
In response to a caller’s question about BlackBerry Limited (NYSE:BB), Cramer said:
“Blackberry’s a dice roll. I mean like, you know, it’s like 4, 3, 2, 1. I don’t know what it’s gonna do. This one is just a total spec. Nothing more than that.”
BlackBerry (NYSE:BB) offers a wide range of intelligent security software and services to enterprises and governments, including endpoint security, secure messaging solutions, mobile application development platforms, cyber threat intelligence, and critical event management tools. Cramer was similarly bearish about the company in October 2022 when he stated, “I’ve been against them the whole way down. They’re losing money.”
Since he made that comment, BlackBerry (NYSE:BB) stock gained merely a modest 14.57%.
9. The Cheesecake Factory Incorporated (NASDAQ:CAKE)
Number of Hedge Fund Holders: 29
A caller asked about the restaurant stock, The Cheesecake Factory Incorporated (NASDAQ:CAKE), calling it an iconic brand, and noted that the company consecutively reported positive earnings. Cramer stated in response:
“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’ve got a good stock to buy in Cheesecake.”
Cheesecake Factory (NASDAQ:CAKE) operates restaurants and bakeries that produce cheesecakes and other baked goods, supplying its own locations as well as international licensees, third-party customers, and retailers.
Cheesecake Factory (NASDAQ:CAKE) recently reported its financial performance for the fourth quarter of fiscal 2024. Total revenue for the period reached $921.0 million, an increase from $877.0 million in the same quarter of the previous year. Net income for the fourth quarter was $41.2 million, with diluted net income per share amounting to $0.83. Comparable restaurant sales for its Cheesecake Factory locations saw a 1.7% rise year-over-year during this period.
8. REGENXBIO Inc. (NASDAQ:RGNX)
Number of Hedge Fund Holders: 35
During the lightning round, a caller asked if they should buy, sell, or hold REGENXBIO Inc. (NASDAQ:RGNX). Here’s what Mad Money’s host had to say:
“This thing just does nothing but go down, and it loses a ton of money. I can’t possibly recommend putting any money into that thing.”
REGENXBIO (NASDAQ:RGNX) is a clinical-stage biotechnology company focused on developing gene therapies using its proprietary NAV Technology Platform, with a pipeline that includes treatments for various genetic disorders. In 2024, Cramer commented:
“You have this REGENXBIO, which is a drug company which revealed that it might have something against Duchenne muscular dystrophy. That’s a terrible disease, very rare meaning they can charge very high prices for any treatment. That stock folded nearly 25% over two days in response to the news.”
For context, since the comment was made on February 8, 2024, REGENXBIO (NASDAQ:RGNX) stock went down more than 62%.
7. GSK plc (NYSE:GSK)
Number of Hedge Fund Holders: 38
A caller asked if they should buy GSK plc (NYSE:GSK) and Cramer said:
“Well, look, GSK is a very inexpensive stock with a 4% yield, with a lot of things going for it. I’m gonna say yes to that.”
GSK (NYSE:GSK) focuses on researching, developing, and producing vaccines, along with specialty and general medicines designed to prevent and treat a range of diseases. Over the past 12 months, GSK stock declined more than 11%. Furthermore, Cramer was asked about the company in October 2024 once it settled its lawsuits over its drug Zantac, and he said:
“Yeah, that was huge. I’ve been waiting for that. I was hoping for that. They got the settlements behind them. Now we’re moving on. GSK goes higher.”
6. SoFi Technologies, Inc. (NASDAQ:SOFI)
Number of Hedge Fund Holders: 43
A caller asked what they should do with SoFi Technologies, Inc. (NASDAQ:SOFI) in the recent volatile market and Cramer replied:
“Well, it’s just easy. I got the answer for you. Listen, I got it and it’s etched in, it’s etched in rock. Tomorrow, you’re gonna sell half, and the rest of the time, for the rest of your life, you’re gonna play with the house’s money. And that is called… victory.”
SoFi (NASDAQ:SOFI) offers a variety of services, such as lending, banking, insurance, and investment options, all available through one online platform. In early February, when asked about the company, Cramer said:
“The reason why SoFi has moved from where it was to where it is, is because it’s much more of a service provider stock, it’s FinTech than it is a lender these days. But I do think it needs to digest. I would not buy at this level. Maybe put a quarter of your position on, let it come in. It’s been perched here precariously for a while. I think you can go down from here.”
5. Barrick Gold Corporation (NYSE:GOLD)
Number of Hedge Fund Holders: 44
Barrick Gold Corporation (NYSE:GOLD) was mentioned during the episode, and here’s what Cramer had to say:
“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 to Agnico Eagle. That’s the one I like, Agnico Eagle.”
Barrick Gold (NYSE:GOLD) is involved in the exploration, development, production, and sale of gold and copper assets, as well as the exploration and sale of silver and energy materials. Ariel Investments stated the following regarding the company in its Q4 2024 investor letter:
“Lastly, gold mining company, Barrick Gold Corporation (NYSE:GOLD) fell following an investor day where management reduced five-year guidance for gold production and raised cost estimates. Meanwhile, a dispute with the African government of Mali and associated negative headlines created an overhang on shares. Despite ongoing uncertainty, management remains laser focused on upgrading its mining operations and broadly improving efficiencies amid today’s rising prices for precious metals. The company also continues to prioritize capital returns to shareholders via dividends and share repurchases. At current valuation levels, we believe the risk/reward is priced in.”
4. The Kroger Co. (NYSE:KR)
Number of Hedge Fund Holders: 60
A caller mentioned that The Kroger Co. (NYSE:KR) has cookies at its location and asked if it was a winning strategy or if it would backfire. This is what Cramer had to say:
“Well, see, unlike you… there are other people who buy those Girl Scout cookies responsibly and they may be holding back Kroger. I, I appreciate your ultimate enthusiasm, but I say that maybe you are a minority of one. So let’s stay away from Kroger right now and buy Costco.”
Kroger (NYSE:KR) is a retailer in the food and drug industry, offering various store formats such as food and drug combination stores, multi-department stores, marketplace locations, and price-impact warehouses. Contrary to the above statement, in September 2024, Cramer was bullish on the stock as he stated:
“Then there’s Kroger. I’ve been amazed at their ability to run a tight ship, even while fighting with the FTC to get the Albertsons merger done. Last week, Kroger reported a solid quarter, but with Albertsons still languishing, I think it puts a little pressure on the stock. That’s unfortunate because I like it very much.”
3. AerCap Holdings N.V. (NYSE:AER)
Number of Hedge Fund Holders: 69
Noting its 27 cents a share dividend and a newly implemented $1 billion share buyback program, a caller asked Cramer’s opinion of AerCap Holdings N.V. (NYSE:AER) and Cramer replied, “It’s a winner. I think you should buy it. I really like it. I love management.”
AerCap (NYSE:AER) focuses on leasing, financing, selling, and managing commercial flight equipment, providing asset management, cash management, and administrative services. O’keefe Stevens Advisory stated the following regarding the company 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 Fund Holders: 88
Cramer suggested that Eaton Corporation plc (NYSE:ETN) should be bought immediately and said:
“It’s unbelievable… It is unbelievable. That quarter was not that bad. I can’t believe what’s happened to the stock. I was talking with Jeff Marks today. We think it should be bought and bought right now.”
Eaton (NYSE:ETN) is a power management company that provides a broad range of electrical, aerospace, vehicle, and eMobility products and services. Cramer mentioned the company among those that hit the $100 billion market cap in 2024 and commented:
“Now it was a big cluster with gains in the mid-fifties… Then there’s Eaton, Charitable Trust holding, makes electrical components for the data center.”
1. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders: 144
A caller asked if it was a good time to invest in Netflix, Inc. (NASDAQ:NFLX) and mentioned that it is a growth story and is immune to tariffs. Here’s what Cramer said in reply:
“Yes. Yes, it is because 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% from its high. You, my friend, have horse sense.”
Netflix (NASDAQ:NFLX) is an international streaming platform that provides a wide range of movies, TV series, and original content to millions of subscribers around the globe. On February 13, JPMorgan noted that Netflix’s shares have risen by 18% following the company’s “strong” Q4 earnings report, fueled by optimism surrounding its revenue growth outlook for 2025, a promising content lineup for that year, and its growing leadership in the streaming sector.
The firm expects that Netflix’s (NASDAQ:NFLX) revenue growth in 2025 will be supported by strong user engagement, organic subscriber growth, and increased average revenue per subscriber from recent price hikes. JPMorgan maintained an Overweight rating on the stock with a price target of $1,150.
While we acknowledge the potential of Netflix, Inc. (NASDAQ:NFLX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. 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.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.