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We recently published a list of Jim Cramer Says Tech Might Be “Favored” & Discusses 13 Stocks. In this article, we are going to take a look at where The Campbell’s Company (NYSE:CPB) stands against other stocks that Jim Cramer discusses.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed Vice President JD Vance’s remarks during a leaked national security chat which saw top Trump administration officials discuss airstrikes on Yemen. While Cramer admitted that the conversation really didn’t fall within his show’s purview, he appreciated the position that Vance took with regard to oil prices. “But JD Vance came out for lower oil prices,” said Cramer. “And I thought that was significant. Obviously, had a very good point of view and a clear point. And he said we didn’t want oil prices to spike off this,” he added.
Cramer also shared that he believes that the Trump “administration is committed to lower oil prices because they want less inflation.” Further commenting on Vance’s remarks, he outlined: “And I felt that was really a very smart question. Will it drive up oil? Some should have asked it. Some did ask it. And I thought it was wise.”
The conversation then shifted to the Trump administration’s fresh round of actions against Venezuela. The President announced earlier this week that any country buying oil from Venezuela would face 25% tariffs. According to him “Well Venezuela is a criminal enterprise country. And I hope that they, I know that there are oil countries that deal with Venezuela. But, Venezuela needs to be cut off.”
The recent gloom surrounding technology companies hasn’t affected Cramer. “[T]he technology industry may be more favored than we realize,” he believes. “It may be a little more selective if you’re hiring a lot of people in this country. I think that you’re gonna get a big break in taxes. In tariffs. That matters,” he added.
As for the President and the stock market, the CNBC TV show host believes that if you’re positive about Trump, then you’re a stock market bull. According to Cramer: “The bulls, to quote the President, I think have the cards.”
He added further:
“I think that there’s going to be a little more common sense, I also think that the President, when the correction, when we hit down the minus ten on that Thursday, I think the President will say maybe I ought to pay a little more attention to this. And he has. And I think that you get a company, let’s say [Michael Dell’s computer hardware company]. They have to have a, they import a lot of stuff. I question whether they’ll have to have a tariff. They’re a great American company.”