We recently published an article titled Jim Cramer’s Latest Lightning Round: 8 Stocks in Focus. In this article, we are going to take a look at where Sempra (NYSE:SRE) stands against the other stocks.
On Friday, Jim Cramer, host of Mad Money, addressed the current state of the stock market, giving a cautious recommendation to investors. He gave his blessing to buy stocks, but only to those who can tolerate the potential pain that comes with it. His advice was clear: proceed slowly. He warned against rushing in, acknowledging the market’s current volatility.
“How can markets be so out of control? And they are, well, because frankly, we are in a very emotional market. It’s a market that’s torn between buyers who see terrific opportunities because the market’s down and the Walmart White House where the president keeps trying to give you every day lower prices on stocks almost every time he talks.”
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Cramer expressed frustration with the unpredictability of the market, noting that pain seems to be a constant factor. He predicted that this pain might continue, especially as new developments around trade policies emerge over the weekend. Tomorrow, according to Cramer, would likely bring another round of surprises regarding tariffs, contributing to the volatile shifts in market positions that are particularly noticeable on Fridays. He emphasized that this fear-driven behavior is rooted in the uncertainty that permeates the market.
Highlighting the larger issue, Cramer remarked that individual earnings are increasingly overshadowed by the president’s inconsistent actions on tariffs, whether it’s imposing or suspending them without warning.
“I believe the stock market is still the greatest engine of wealth creation in history, but I often feel it cross purposes with the president now.”
He argued that while Wall Street generally dislikes tariffs, what it despises even more is uncertainty, a sentiment that has been intensifying under the current administration. In the midst of this chaos, Cramer stressed that individual stocks are not mere pawns in a larger political game, even if it sometimes feels that way. He added:
“They’re not play things though and you can’t think of them that way or else you’re gonna miss some tremendous opportunities.”
Our Methodology
For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 7. 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).
A power transmission tower with a desert sunset in the background, symbolizing power and energy.
Sempra (NYSE:SRE)
Number of Hedge Fund Holders: 34
Sempra (NYSE:SRE) was mentioned during the episode and here’s what Cramer had to say about the company:
“Well, tell you the truth… they did not do a good job. It was a bad quarter. It is very upsetting to me. I’ve spoken to Jeff Martin several times as CEO, but there were several things that were definite misses. It does deserve to trade lower. It yields almost 4%. I still can’t tell you to buy. We have to see another quarter because it was that jarring. I wish I didn’t have to say that, but Sempra did not deliver. That’s just plain and simple.”
Sempra (NYSE:SRE) is an energy infrastructure provider that delivers electric and natural gas services, manages electricity transmission and distribution, and focuses on the development of energy infrastructure. In February, discussing a few stocks that can hold their value amid tariffs, Cramer said:
“How about a sleeper stock? One that’s withstood the seller, Sempra. Sempra’s a growth utility with a decent yield and a lot of opportunity. CEO Jeff Martin, that, guest many times, can show you that this stock offered a better return than most of the traditional growth names. You know when this might be worth buying on weakness, I’m debating to put it in the Charitable Trust.”
Overall SRE ranks 5th on our list of the stocks Jim Cramer recently discussed. While we acknowledge the potential of SRE 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 SRE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.