In this piece, we will look at the stocks that Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the growing amount of stock buybacks and how the buybacks during April-May were the third best historically of the year. “Well, I’ll tell ya, the banks are the ones that are going to do it. They’re gonna start it and the banks have an appetite for their stock that is crazy,” he said.
Cramer also commented on President Trump’s senior counselor for trade and manufacturing, Peter Navarro. Navarro is an ardent believer in the trade imbalance that the US faces abroad and Cramer agrees with the assessment. “Well, Peter’s got, strong views. Peter’s a person with strong views,” according to Cramer.
Despite the fact that markets were roiled in April due to the President’s tariff announcements, when his co-host remarked that Navarro might not have the President’s ear, Cramer replied: “Well if that’s the case, death by China is winning right now. And death by China is Navarro.”
Another news bite that was brought up on the show was the decline in foreign arrivals in the US and the President saying the decline in foreign arrivals wasn’t a big deal. Cramer agrees with Trump as he said:
“So far, not. I think that the dollar being cheap for the first time in our lifetime is gonna make people. . .but when you listen to Proctor, you’re very conscious of the fact that the dollar’s weak and IBM and I think that people in the end, they’ll be excited. Excited to come to a place where the dollar’s finally not crushing them. And that does matter.”
However, he added:
“Well look, it’s not, obviously I think that there’s issues involving our country and how people view us and, look, you don’t need me to tell which way the wind blows. But I would have thought there would have been more weakness in travel. I’m just surprised that it’s just not bad.”
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 April 24th.
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).
18. Robert Half Inc. (NYSE:RHI)
Number of Hedge Fund Holders In Q4 2024: 26
Robert Half Inc. (NYSE:RHI) is a business consulting and recruiting company headquartered in Menlo Park, California. Its shares have lost 37.5% year-to-date, with the latest dip coming in April after the firm’s latest quarterly earnings. The report led to a 13.9% drop in Robert Half Inc. (NYSE:RHI)’s stock as the firm’s profit dropped to an unbelievable $17 million from the year-ago quarter’s $64 million. Here’s what Cramer said as the shares were falling:
“No that was the Robert cut in half. And when I looked at it I said, are you kidding? I mean what are you doing and you know they had a very bad morning. And I look at it and I just say, it’s a pretty traditional stock. They usually don’t. miss by that much, so it did take me by surprise.”
17. Dover Corporation (NYSE:DOV)
Number of Hedge Fund Holders In Q4 2024: 44
Dover Corporation (NYSE:DOV) is an industrial components provider whose products are used in the aerospace, automotive, and other industries. Its shares have lost 8.9% year-to-date with most of the losses occurring during and after the Liberation Day stock market selloff. Dover Corporation (NYSE:DOV)’s latest earnings report has seen the stock jump by 3.3% since then even though management cut full-year guidance to $9.20-$9.40 per share from an earlier $9.30-$9.50. Here’s what Cramer said about the results:
“Okay so here’s a good example of the craziness of this market. Dover reports. Dover did what RTX did the other day. They actually said okay listen the tariffs are hurting us. Okay, here’s how they’re hurting us. Stock was immediately down seven bucks. Down 7. And I was like I own it for my charitable trust and I’m like meumughmhgm . . .and then well people figured out, wait a second, they told the truth! Now the stock’s up nice.”
