In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented that President Trump might be lenient towards major American companies when it came to tariffs. Tariffs on foreign manufactured goods threaten American firms as well since their operations are located overseas. “I think the President is being a little more responsive to great American companies,” he said. Among these companies, Cramer wondered why should the firm that sells the iPhone have to pay considering that it is investing millions in US jobs.
Another hot topic currently in the technology and semiconductor industry is AI chip sanctions. These rules prevent AI GPUs from being sold unrestricted to most countries in the world. Commenting on the rules, Cramer commented:
“And by the way the big thing that’s on the table is the diffusion, is this ridiculous stuff that Biden put through. In the last week on Saturday night. A Saturday night special, we should call that.”
He went on to add that he hoped that the rules were reversed because “it was so selective what countries they picked that could get, the 18 countries. It made no sense.”
As for the tariffs, Cramer hasn’t held back in supporting Trump but maintained that the President should consider a lighter approach in his announcements. He kept the view this time around as he remarked:
“I’m going with the Trump view. And I think the President’s going to be very level headed about the companies, and countries, that play ball. I mean, you know you think I mean, Hyundai I had to that. Korea’s gotten a free ride. I’m waiting for when Mercedes, Volkswagen, and Beamer have to pay the price. Because they’ve had a real free ride in our country.”
“David, we’re a free trader. And everyone has abused us,” Cramer remarked to co-host David Faber.
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on March 25th.
For these stocks, we also mentioned the number of hedge fund investors. 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).
12. AT&T Inc. (NYSE:T)
Number of Hedge Fund Holders In Q4 2024: 80
AT&T Inc. (NYSE:T) is an American telecommunications carrier that Cramer’s started to mention as a safe play in today’s tariff-driven market. The firm’s shares are up by a strong 23.3% year-to-date which is striking compared to the S&P 500’s 4.83% drop. AT&T Inc. (NYSE:T)’s shares have benefited on the back of strong subscriber growth, with the stock struggling recently as Verizon warned of a slow rest of the year. Here is what Cramer said about the firm:
“Carl I do continually, I’m continually being impressed by what John Stankey is doing at ATT and this piece by Goldman Sachs this morning is very cogent. They’re talking about ‘our conviction in the upside is increasing. Rational[sic] wireless market. That’s terrific, ATT’s fiber strategies, accelerating.’ This is the right chart in the right time. Uh, the cable business is not as good as this business, I can only conclude that.”
“Look, this is very impressive. We still get four percent yield. I am, I think the conviction is right. This is the winner.”
“It’s funny because T-Mobile had been the winner. But I think this one’s the winner now. T-Mobile’s still great.”
11. Chevron Corporation (NYSE:CVX)
Number of Hedge Fund Holders In Q4 2024: 81
Chevron Corporation (NYSE:CVX) is one of the biggest oil companies in the world. It is also one of Cramer’s top oil stock picks, due to the firm’s CEO Mike Wirth, its cash flows, and projects in the Gulf. Chevron Corporation (NYSE:CVX)’s shares are up by 13% year-to-date. In his previous comments, Cramer has attributed some of the stock’s gains to a “natural gas rally.” Here are his latest thoughts about Chevron Corporation (NYSE:CVX):
“I think Mike’s done a lot of good, Mike Wirth. He’s right, stands for the oil industry.”
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