Jim Cramer Wants US To Be “As Good As” Europe & Discusses These 12 Stocks

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5. Norfolk Southern Corporation (NASDAQ:NSC)

Number of Hedge Fund Holders In Q1 2025: 49

Norfolk Southern Corporation (NASDAQ:NSC) is one of the biggest railroad transportation companies in America. The firm’s performance depends on economic activity, and therefore, the firm’s 13.5% share price drop after the Liberation Day tariffs were announced was unsurprising. Cramer’s previous remarks about Norfolk Southern Corporation (NASDAQ:NSC) have lumped the firm together with transportation stocks and praised its management. Here are his latest thoughts:

“You know look at Norfolk Southern. The run in Norfolk Southern is just breathtaking. I just think that we are so the opposite of where we were. Everything changed. Everything changed. Liberation Day may turn out to be the bottom. We may look at Liberation Day and say you know that was when they realized, wow, are we ever on the wrong track. The market has spoken and we’re wrong.”

In his previous comments, the CNBC host mentioned Norfolk Southern Corporation (NASDAQ:NSC)’s recent remarks about railroads:

“On the other hand, you got groups like the transports. They’re just getting clocked. At a conference call today, Norfolk Southern, one of the big East Coast railroads, traced out a soft picture.”

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