Jim Cramer’s Thoughts on Liberation Day, Tariffs, and 17 Stocks to Watch Right Now

4. Rio Tinto Group (NYSE:RIO)

Number of Hedge Fund Holders: 39

A caller pitched Rio Tinto Group (NYSE:RIO) as a play on global electrification, and Cramer, clearly entertained and impressed by the analysis, gave his support:

“RTZ! That’s what they call the people included in it. Called RTZ, because we are so much cooler than everybody else. I like your call!”

Rio Tinto Group (NYSE:RIO) is a global mining powerhouse with a diversified portfolio spanning iron ore, aluminum, copper, and increasingly, lithium. The company recently completed its acquisition of Arcadium Lithium, in order to expand its operations in the battery materials market. In parallel, Rio Tinto announced a $1.8 billion investment to expand its Brockman iron ore operations in Western Australia’s Pilbara region, underlining its long-term confidence in iron ore demand. The company has also resumed shipments from its East Intercourse Island facility at Dampier Port, boosting its logistics capacity after earlier disruptions. In a meaningful push toward sustainability, Rio Tinto signed a landmark solar and battery energy agreement with Edify Energy for its Gladstone operations. With $8.4 billion in taxes and royalties paid in 2024, the company not only remains a vital economic contributor in its operating regions but also demonstrates transparency and a forward-looking growth strategy that blends traditional mining strength with green energy initiatives.