Jim Cramer Recently Highlighted These 13 Stocks

7. General Motors Company (NYSE:GM)

Number of Hedge Fund Holders: 71

General Motors Company (NYSE:GM) is one of the stocks Jim Cramer recently highlighted. Cramer commented on the company’s quarter during the episode, as he remarked:

“Mary Barra’s General Motors delivered a terrific quarter. Strong demand for trucks that are exceptionally profitable. The auto business may be benefiting from the president’s laissez-faire attitude toward carbon emission. There’s the president again, helping business… okay, not helping the skies. I get it. The electric vehicles don’t make as much money as the internal combustion hybrids. That’s the strength of GM. And I know that when you have a president that’s not all in on EV, they are going to pull back because EVs lose them a lot of money.”

General Motors Company (NYSE:GM) is a vehicle manufacturer that sells its products under brands such as Chevrolet, GMC, Cadillac, Buick, Baojun, and Wuling. Cramer discussed the company during the July 8 episode. He commented:

“I believe these auto tariffs are real. They’ll change the landscape even if Japan and Korea start putting in giant orders for natural gas turbines and airplanes… Ford is the biggest winner because its cars and trucks have the most content made in the US, even more than General Motors, although GM’s a winner from these tariffs too…

We can get into the weeds of whether or not this is good policy. I think it’s got plenty of justification, but whether you like it or not, it is the policy. Even if you don’t believe President Trump will follow through on any other tariffs, he’ll definitely follow through with the ones on Japan and Korea, which means the stocks of General Motors and especially Ford are headed higher.”