We recently published a list of Jim Cramer Discusses These 11 Stocks & Says There’ll Be A “Good Reason To Buy Stocks” Soon. In this article, we are going to take a look at where The Procter & Gamble Company (NYSE:PG) stands against other stocks that Jim Cramer discusses.
In his recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on President Trump’s tariffs against Mexico and Canada and his proposal of tax cuts. Cramer made the comments before the President announced that he could walk back the tariffs. Cramer noted Trump’s hard-hitting approach during his State of the Union address to Congress. He remarked:
“Well look the President did say listen the tax cuts are coming and don’t worry about it. I don’t think this is permanent. Look when I hear the bullishness, I just say those people went to bed early and I appreciate that. They may have to get an early start to the day. But the President that I heard last night is, that is Sherman’s march to the sea this guy. I mean he is just gonna get it done. And anyone in his way is going to lose. And right now it’s about bringing jobs back and the pain that GM and Ford are gonna suffer.”
When his co-host David Faber pointed out that the President aimed to reduce fentanyl shipments from the two countries through his tariffs, Cramer responded:
“I don’t trade fentanyl, I don’t know where it’s trading. Maybe it’s trading over in Germany, I don’t know. I trade [US automotive stocks]. And what I’m telling you right now is that these stocks are even down here dangerous if you believe what the President said. Dangerous.”
The CNBC TV show host added that the pain is a necessary part of Trump’s actions. “True, but I mean that’s, we have to go through this gauntlet. And then that’s on the other side,” he commented. I think the President’s been very clear. About the order of things,” Cramer added. He shared that investors were hoping that the President would first introduce the tax cuts and then the tariffs would follow through. As a result, Cramer concluded:
“Once this is through, we’ll have a good reason to buy stocks. You have to anticipate it. The President doesn’t want to wreck the stock market. That is simplistic. The President wants to get this done. And once he gets it done. Then we’ll be fine. You have to stay the course. David, there isn’t anything he’s saying that he didn’t tell you he’s gonna do.”
He also believes that it will be a while before Trump’s tariffs are over. According to Cramer: “[I]t just seems like the approach that the President is doing is so rapid. . . .I do think that it’s gonna be done this year. We’re seeing so many companies, every company that you mentioned that we’re gonna talk about . . anything in the mall, we’re seeing a lot of negatives. But that’s not gonna last if the President finishes. . .”
Cramer also believes “the President is in a hurry because he wants to give us something good this year.”
To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on March 5th.
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).
Number of Hedge Fund Holders In Q4 2024: 79
The Procter & Gamble Company (NYSE:PG) is one of the biggest consumer goods companies in the world. The shares are up by a modest 10% over the past year on the back of a tepid consumer spending environment in the US. 2024 saw US consumers reduce their purchases of The Procter & Gamble Company (NYSE:PG) branded products, while those in China also sought cheaper alternatives. Cramer has repeatedly commented on the stock rising and falling with its sector. This time around, he urged viewers to be wary of erratic movements:
“We saw a big turn yesterday. We had the Colgates and the Procters just frantically running. And then they did a midday [inaudible]. That’s always a bad sign.”
Overall, PG ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of PG 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. If you are looking for an AI stock that is more promising than PG but that trades at less than 5 times its earnings, check out our report about the 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.
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