Jim Cramer’s Recent Thoughts on These 15 Stocks

2. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 116

Walmart Inc. (NYSE:WMT) was mentioned during the episode, and here’s what Mad Money’s host had to say:

“Was Walmart really supposed to eat all the tariffs that had been put on the goods it carries? It sure sounds like it. Take a look at the President’s posting this weekend, ‘Walmart should STOP trying to blame tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China, they should, as is said, EAT THE TARIFFS, and not charge valued customers ANYTHING. I’ll be watching and so will your customers’…

My understanding is that they negotiated the best deal possible on each item. The company then had to decide how much they could make on these goods when they sold them to their customer. Further, my understanding is that they tried to make it so other items that weren’t tariffed only saw their prices raise a little bit. They blended things to prevent a big increase in price for some specific heavily tariffed products. Good thinking…

I’m willing to wager that given Walmart has price leadership on pretty much every item it sells, the president would most likely end up posting that the other companies should cut their prices to as low as Walmart’s.”

Walmart (NYSE:WMT) is a retail company that sells a broad selection of products. The company provides groceries, health products, electronics, clothing, and store-brand items.