Jim Cramer’s Thoughts on These 7 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 Cramer had to say:

“Okay, your stock’s down 10. Now admittedly, it’s up 10 from where it was just a couple of days ago, but I tell you, if I wanted to buy the stock, I’d put a little on here and then wait for… someone to talk about tariffs, let it come down and then do some buying for the rest of it.”

Walmart (NYSE:WMT) is a retail business that sells many types of products, including groceries, health supplies, electronics, clothing, and items under its own brand. On April 4, appearing on Squawk on the Street, Cramer said:

“Walmart pulls its operating income guidance for the current quarter. […] People thought they were going to guide down. I heard many people tell me last night, boy, are you ready for Walmart’s big guide down? […]

[after listening to the company’s CEO giving a positive outlook] It’s rather extraordinary to have a level of confidence from the largest retailer. And Doug McMillan should be applauded.

[talking about how the largest retailers have pricing power] And they have power. They have pricing power. And they can make the Japanese, look, the Chinese right now, here’s what they’re saying: we can’t go up against Walmart; we can’t!”