In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer dissected the market’s recent rally and reminded his viewers to not mistake short-term optimism for resolution. As major indices bounced earlier in the day, Cramer warned that some deeper structural uncertainties remain unresolved, saying:
“Well, I think that those who are running companies are saying, what the heck is going on here? We’re trying to run our companies. Suddenly, we find that a country that we’ve dealt with for a long time, we have to just say, wait a second, we’re going to put a surcharge on. We’re going to pass through. So the issue is, who can pass through and who isn’t? Who has pricing power? It’s often like that. Who has scale? Who has pricing power? Who can tell the Chinese, listen, we’re going to go away, of which then you have out-of-stock parts. And who says, OK, we’ll split the tariff.
Cramer acknowledged the bullish hopes circulating among traders and policymakers that quick deals with allies like Japan, Mexico, and Canada could offset the trade war’s damage. But he was clear that these deals, while politically useful, won’t erase the inflationary burden already being felt by companies and consumers:
“[Talking about expectations about the White House reaching deals with other countries] There’s going to be a deal. They’re very excited about Japan and the administration. Exactly. They’re very excited. By the way, they like Korea. […] Yeah, I think that Mexico, they are very much expecting it’s going to be a better deal. Canada, and they’re going to be able to trumpet a few days from now. Look what we’ve done by being really tough. And you know what? The Chinese are going to fold. They believe that the Chinese will fold.”
At the heart of Cramer’s analysis was a question he believes investors need to ask themselves:
“So, then the question becomes at a certain point, do you believe in everything else about President Trump that you’re willing to overlook the inflationary aspects? Do you believe the social aspects, are they so important to you? Do you believe the commitment he’s made to try to cut the budget deficit? Do you believe President Trump just decided, I’m not going to focus on the inflation? Because that’s really been unusual to not focus on inflation.”
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 April 8th.
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).
Jim Cramer’s Take On Johnson & Johnson (JNJ): Are Litigation Fears Creating a Rare Buying Opportunity?
A smiling baby with an array of baby care products in the foreground.
Number of Hedge Fund Holders: 83
Johnson & Johnson (NYSE:JNJ) was portrayed as a fundamentally strong healthcare name dragged down by sentiment and litigation risk. Cramer acknowledged investor fears surrounding the talc lawsuits but suggested the worst-case scenario may be priced in. Here’s his analysis:
“Wow, J&J is another one people like that’s just going down so much. But a lot of people just are very fearful of Robert Kennedy Jr. […] For retail investors, there are these stocks that have good yield and good fundamentals. And I think that J&J is one of those. And Goldman recommends it today. And I just urge people to take a look and say, you know what, that stock is down, not down all the way at the bottom, but it’s very low. And maybe I should be a buyer. […]
Overall, JNJ ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of JNJ 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 JNJ but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
