Jim Cramer Said to Sit on Your Hands Amid Trump and Iran Confusion While Highlighting 9 Stocks

7. Ferrari N.V. (NYSE:RACE)

Ferrari N.V. (NYSE:RACE) is one of Jim Cramer’s stock calls while he discussed the confusion surrounding the Trump-Iran conflict. A caller asked if now is a good time to buy the stock, and Cramer said:

This was a very hot stock, and somehow it lost its mojo. I don’t know how it’s going to get the mojo back, and right now it sells at too high a price-to-earnings multiple. I’m going to have to say I don’t like the stock.

Ferrari N.V. (NYSE:RACE) designs, engineers, and manufactures luxury high-performance sports cars, supercars, and high-performance engines. Loomis Sayles stated the following regarding Ferrari N.V. (NYSE:RACE) in its fourth quarter 2025 investor letter:

Ferrari N.V. (NYSE:RACE) Headquartered in Maranello, Italy, Ferrari designs and manufacturers iconic sports cars that are widely considered to represent the pinnacle of automotive performance given the brand’s historic dominance in Formula 1 (F1) racing. The company operates through three business segments: cars and spare parts; sponsorships, commercial and brand; and other, which primarily relates to financial services activities. We believe the company’s legendary brand, often ranked among the world’s strongest, coupled with an expanding global ultra-high net worth population, positions it for durable long-term growth in the supercar market.