In this article, we will take a detailed look at Jim Cramer Was Talking About These 10 Stocks Amid Tariff Chaos.
Jim Cramer in a latest program on CNBC talked about the market rebound on Friday, and said that there’s still uncertainty ahead as consumers remain worried about the impact of tariffs.
“Right now people are scared. We saw a shocking decline in the University of Michigan consumer sentiment survey this morning. People fear inflation and worry about their savings, which happens to be, in many cases, the stock market. They don’t know what tariffs mean and they haven’t had them explained to them in any satisfactory way, so they figure the tariffs are yet another thing that raises prices in the supermarket — and that’s probably true.
I know the president and his crew have chosen not to focus on the stock market because they don’t want to have it be a referendum on themselves. I agree with that, but it won’t be — it’ll be the voice of the people and what they’re worried about. Think of the market as a gauge of hope versus despair. The results lately demonstrate despair, even if today we finally got a solid session. The cause and effect are so palpable that you don’t need me to tell you how these gains came about, do you?”
Cramer predicted that retail sales numbers next week will be “dismal” as consumers are worried about losing their jobs and are cutting back on spending.
READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In
For this article, we picked 10 stocks Jim Cramer recently talked about during his programs on CNBC. With each stock we have 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).
10. BlackBerry Ltd (NYSE:BB)
Number of Hedge Funds Investors: 15
Jim Cramer in a latest program on CNBC said BlackBerry Ltd (NYSE:BB) is a speculative stock.
“BlackBerry is a dice roll. I mean, like, you know, it’s like 4, 3, 2, 1—I don’t know what it’s going to do. This one is just a total spec, nothing more than that.”
9. Cheesecake Factory Inc (NASDAQ:CAKE)
Number of Hedge Funds Investors: 22
A caller recently asked Jim Cramer about Cheesecake Factory Inc (NASDAQ:CAKE) during the Lightning Round segment of his program on CNBC. Cramer recommended the stock and called it a “winner.”
“You got a winner in Cheesecake Factory, and you’re absolutely right. And by the way, they do have a menu that doesn’t have a lot—you know, they’ve got stuff that is not incredibly fattening too. I think that you got a good stock to buy with Cheesecake.”
8. Campbell’s Co (NASDAQ:CPB)
Number of Hedge Funds Investors: 33
Jim Cramer in a latest program on CNBC commented on Campbell’s Co (NASDAQ:CPB) earnings and highlighted weak organic sales guidance and volume mix declines. Cramer believes GLP-1 weight loss drugs are impacting the company.
“No one’s willing to say it. Okay, it’s just like, well, right now, they’re kind of not buying as much, David. This is what they won’t talk about. Why won’t they talk about it? ‘Cause that’s existential.”
7. Best Buy Co Inc (NYSE:BBY)
Number of Hedge Funds Investors: 37
Jim Cramer in a latest program on CNBC said Best Buy Co Inc (NYSE:BBY) results were better than expected but the stock fell because of the management’s comments saying the company will have to raise prices due to the potential impact of tariffs.
“The numbers out today were much better than expected—not better than expected, not better than feared, much better than expected. There was without a doubt a shock when you saw how good these were, because what it said is that Corie Barry and raised the div to, in this environment, is just doing incredibly well. And then there was this paragraph at the end of her talk where she said, of course, tariffs are coming, get a lot of stuff from China and Mexico, and we’re going to have to raise prices. We’re not sure how much we’re going to have to raise prices.”
Best Buy (NYSE:BBY) posted fourth-quarter results that topped Wall Street’s forecasts, while its FY26 outlook came in line with expectations. However, shares fell amid consumer environment headwinds.
“As we enter FY26, we believe consumer behavior will be largely similar to last year – remaining resilient but still dealing with high inflation that is driving expenses up across their lives, making them value focused and thoughtful about big ticket purchases,” said Best Buy CFO Matt Bilunas during the earnings call. [read the full earnings call transcript here]
Best Buy sees comparable sales growth to range from flat to up 2% for FY26, with most of the growth likely in the second half due to product launches and new initiatives. Comparable sales for Q1 are projected to dip slightly from FY25.
6. GSK plc (NYSE:GSK)
Number of Hedge Funds Investors: 38
Jim Cramer was recently asked about GSK plc (NYSE:GSK) in a latest program on CNBC. Here is what Cramer said in response:
“GSK, well, look, GSK is a very inexpensive stock with a 4% yield. A lot of things going for it. I’m going to say yes to that.”
5. Abercrombie & Fitch Co (NYSE:ANF)
Number of Hedge Funds Investors: 51
Jim Cramer in a latest program on CNBC talked about Abercrombie & Fitch Co (NYSE:ANF) earnings results and said the stock is “despised” despite strong performance due to the uncertainties related to tariffs and overall market weakness.
“Abercrombie & Fitch, which by the way is a very, very good company, reports a quarter that looks okay. If you read everything, you say okay, they’re a little worried about what’s going to happen with tariffs, and people just take it out and shoot it. Now, one of these, like Best Buy yesterday, has 60% China and 20% Mexico, so I totally get that. But this is a good company that was on a huge winning streak and now is just so despised. When you mentioned to me what could happen down the road after the president’s done with this part of the agenda, you’ll look at this and say, how did that get there? But right now, you just can’t look at it. You just say, I can’t buy Abercrombie & Fitch Co (NYSE:ANF). And it’s rather amazing, ’cause boy, they were on a hot streak.”
ClearBridge Mid Cap Growth Strategy stated the following regarding Abercrombie & Fitch Co. (NYSE:ANF) in its Q3 2024 investor letter:
“We are encouraged by the high proportion of positive returns on new ideas added over the last five quarters of elevated new idea generation, with solid contributions to overall performance despite their representing a modest portion of the Strategy’s assets.
We continued to deliver strong new idea generation, adding four new investments in the quarter: OneStream (through participating in its IPO), Abercrombie & Fitch Co. (NYSE:ANF), Wintrust Financial, and FTAI Aviation.
Abercrombie & Fitch is a global retailer with two primary brands, A&F and Hollister, providing apparel and accessories targeting millennials and Gen Z, respectively. Following multiple years of mis-execution, the company has repositioned its brands for durable growth, rationalized its store footprint, and is growing profitably with a nimble, fast-follower fashion strategy.”
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