Recently, we released a list titled Jim Cramer Put These 10 Stocks Under the Spotlight. In this article, we will examine Costco (NASDAQ:COST) in relation to other stocks that Jim Cramer has highlighted.
In a recent episode of Mad Money, Jim Cramer noted that the market’s recent movements are heavily influenced by the White House, with the Federal Reserve having a secondary role. He indicated that this situation creates challenges for investors, as the Fed can only adjust interest rates while the White House can have a more immediate effect through its communications. Cramer humorously mentioned that there was one day without presidential posts, and the market seemed to flourish.
“I want to remind you that at any moment, the president can wreak havoc on anything, I have to say with a gratuitous post, reminding people that there’s more pain ahead.”
Cramer expressed concern about the unnecessary and provocative statements from the president, suggesting that these only contribute to investor anxiety by hinting at potential economic struggles. He highlighted the current heightened feelings of unease, pointing to a significant decline in the University of Michigan’s consumer sentiment survey.
Cramer stated that the public often misunderstands the effects of tariffs, which aren’t clearly explained, leading to the assumption that they will result in higher grocery prices—a belief that is likely true. He also acknowledged that the president’s team has chosen not to focus on the stock market, wanting to avoid it becoming a direct measure of their success, but he emphasized the importance of recognizing the market as a reflection of public sentiment.
“Think of the market as a gauge of hope versus despair. The results lately demonstrate despair even if today we finally got a solid session.”
In the article, we have compiled a list of 10 stocks that Cramer discussed during his Mad Money episode on March 14. We ranked these stocks based on hedge fund sentiment from the fourth quarter of 2024, drawing data from Insider Monkey’s database of over 1,000 hedge funds.
