We recently published a list of Jim Cramer Shares Thoughts On Big Tech As Part Of These 12 Stocks. In this article, we are going to take a look at where Walmart Inc. (NYSE:WMT) stands against other stocks that Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the trade deficit, interest rates, and apprehensions about the US budget deficit. He commented on the divide in thinking between older and younger people. While younger people prefer Bitcoin due to ballooning deficits, older people are more relaxed. According to the CNBC host:
“I think that older people just kind of laugh at this. And just say, I’ve been through this. They’re not going to make any changes in Congress. So it’s gonna be one-off. It’ll be down. Then some people say to me, hey listen, this is going to be the Achilles Heel for the President. If they don’t get this, if rates keep going, then we’re gonna get into a whole new thing about inflation. Look rates should [be] higher, judging on the deficit. But again what you said, is where are they gonna go?”
However, Cramer’s also disappointed in the Trump administration’s efforts to reduce the deficit. While Elon Musk is adamant that his DOGE department has reduced spending, Cramer thinks otherwise as he remarked: “I just thought that we were going to have the budget cut because of DOGE. It’s obviously didn’t work.”
Another bit of financial news that rocked markets recently was Moody’s decision to cut America’s credit rating from a perfect AAA to AA+. Cramer wasn’t surprised as he remarked:
“I mean, I look at it as someone who just says, how could they not try to cut this deficit? How could they continue to be part of the problem. So I understand the downgrade, but I also understand the notion that if the Republican Party is no longer the party of fiscal responsibility, who is? Who is responsible?”
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 May 19th.
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).
Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q4 2024: 116
Cramer discussed mega-retailer Walmart Inc. (NYSE:WMT) the most during this particular show. The stock was at the center of the CNBC host’s attention because of President Trump’s intent to keep the firm on his radar due to potentially higher prices resulting from tariffs on American imports. Cramer commented on Walmart Inc. (NYSE:WMT) in quite a bit of detail:
“I mean I think that some of that ties into what Bessent talked about with Walmart. Now you better keep your prices down. Now Walmart, where I think that they’ve gone wrong, is that Walmart has actually tried very hard. They had their own brand which is very inexpensive. But if you’re Target, which is the number three retailer, of the brick-and-mortar, you know they have 400,000 people at Target, Target can’t go against Walmart! On food. Walmart’s just huge scale. I’m worried. . .but they’re the best!
“Well they weren’t blaming the tariffs, what they were saying was we’re gonna keep our prices down, the tariffs make it harder. Who doesn’t think that?
“Yes but if there was, the customers are watching they’re gonna be thrilled. Because customers can go to other places. You wanna go to Dollar General, fine! You wanna go to Target? Fine! You can go to Amazon, same-day for some things. But do they know that Walmart’s prices are appreciably lower than the rest!”
“The scale. Look, Walmart sells a lot of clothes. . . .Walmart’s what about two-thirds domestic, but a lot of that is grown here. Walmart has a line, that of five dollar food. That is quite good. And I think that no one can compete with them. And I wish the President had realized that Walmart is the lowest prices as it is. Maybe Costco.”
“I love Walmart. I think Walmart offers great prices. Well I mean like anyone who has actually been to Walmart and I don’t know how much time the President has spent at Walmart, would realize very quickly that wow, this place is so much cheaper than everybody else. But they don’t think like that. And then Walmart didn’t really give a projection. They didn’t know what they were going to earn.
“I think that these people all feel that they are part of a, like Bessent was a fund manager for 35 years. You’ve got the President who’s aware of Walmart. And you also have a lot of like, hold it if I’m gonna tell Apple they shouldn’t be an idiot, I can call these guys and tell them they ought to lower price.”
Overall, WMT ranks 9th on our list of stocks that Jim Cramer recently discussed. While we acknowledge the potential of WMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than WMT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
