We recently published a list of  Jim Cramer Discusses These 11 Stocks & Says Trump’s ‘Soft’ On Tariffs Amidst $4 Trillion Wipeout. In this article, we are going to take a look at where Charles Schwab Corporation (NYSE:SCHW stands against other stocks that Jim Cramer discusses.

In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer continued to share his thoughts about the massive stock market crash on Monday. The tumble saw the flagship S&P index lose $4 trillion from its February peak to end up lower since President Trump’s election win. Naturally, Cramer was full of thoughts about the President and how he might help markets. He started by outlining that the narrative surrounding tariffs could hurt President Trump, despite the fact that the US might very well need tariffs to balance the scales of global trade in its favor.

Cramer started out by sharing:

“But, look let’s just, we gotta come back to the President. You can’t really watch the stock market when he said that tariffs are going to be the greatest thing we have ever done as a country. I call everyone’s attention to the Washington Post piece this morning. Which says the base doesn’t like tariffs. They’re giving it thirty to thirty five percent people of the base who like tariffs. They have not been explained well.”

In fact, despite the fact that the narrative surrounding tariffs has generated concerns about a recession, Cramer believes that the President is actually being too soft.

“So I’m looking at this and I’m saying, and you know I support these tariffs, I’m much harder on tariffs than he is,” he remarked. “I think he [Trump] is being soft on tariffs. Because these, our partners, so-called partners have been ripping us up for ages. He’s right about that,” Cramer added.

However, while the President might be right about tariffs, Cramer disagrees with him on the messaging. He believes that Trump’s “gotta be a little more like TR [Theodore Roosevelt]. You gotta speak softly and carry a big stick.” On the flip side, the President’s approach, which according to Cramer resembles “speak loud with no stick” is “what the bullies do.”

The CNBC TV host also criticized Canada’s approach in taking on Trump when it came to tariffs. “[Y]ou don’t want to do that. Now I wouldn’t have done what Canada did, which is you know, fight back. You have to do it like Scheinbaum. But I just think that we’re courting with a manufactured recession,” he outlined.

Cramer cited former US Presidents and their approach to tariffs in his comments. President Trump repeatedly stated that he was a fan of President William McKinley, who held office from 1897 to 1901. However, Cramer believes that Trump should also consider Theodore Roosevelt’s approach:

“If the President were to be a little more like Theodore Roosevelt, little less like McKinley, by the way, who was really anti-working man, praising McKinley. . . I like these . But the President has to recognize that, maybe he should read the Washington Post, he probably doesn’t like it. Or Citi [on] the pause in US exceptionalism today which thank you for doing nothing. But [inaudible] manufacturing recession, I guess it’s the right time to do it. I think it’s wrong. And when you come out and say there will be no recession, that’s like 29, 30, when they were talking about don’t worry about the. . .no, get away from that.”

As to why Cramer wants President Trump to amplify his tariff strategy, here are the reasons:

“Beat these so called partners, by talking quietly and saying look, here’s what awaits you if you don’t lower. And then tell us. Like he doesn’t explain why we’re doing this. These countries have horrendous, I tried to buy a Deere tractor in Italy, like the tariff was like 50% on the. . .thing. There are thousands of tariffs against us. Have Peter Navarro, unemotionally, like he was when I was at Harvard, unemotionally, just explain what’s really going on. There’s nothing wrong with that. He wrote Trump Time, that’s a very good book. And it’s very unemotional. I liked it a lot. But it’s time for the President to be TR. A great president. Forget McKinley. Forget McKinley. That was like against William Jennings Brian, and he was like the cross of gold versus silver.”

Our Methodology

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 11th.

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).

A corporate finance professional studying a financial performance chart.

The Charles Schwab Corporation (NYSE:SCHW)

Number of Hedge Fund Holders In Q4 2024: 91

The Charles Schwab Corporation (NYSE:SCHW) is one of the biggest financial services companies in America. Its shares are up by a modest 9% over the past year as they navigated a tumultuous period. For instance, The Charles Schwab Corporation (NYSE:SCHW)’s stock sank by 17% in July’s third week after it disclosed that it would have to shrink operations. However, the shares jumped by 5.9% in January when The Charles Schwab Corporation (NYSE:SCHW)’s fourth-quarter results revealed that profit jumped by 44%. Cramer commented on The Charles Schwab Corporation (NYSE:SCHW) in the context of the broader financial sector:

“I’m watching things like Schwab, I’m watching things like, because I wanna see fintech and I wanna see Robinhood.”

Overall, SCHW ranks 8th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of SCHW 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 SCHW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.