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We recently published a list of Jim Cramer and Analysts Like These 10 Stocks. In this article, we are going to take a look at where The AES Corporation (NYSE:AES) stands against other stocks that Jim Cramer and analysts like.
On Thursday, Jim Cramer, the host of Mad Money, shared his thoughts on the current state of the stock market, explaining that until things become more balanced, we are likely to continue experiencing what he referred to as the “Walmart White House” scenario. In this environment, he explained, there are consistently lower prices for the Dow Jones, the S&P, and, more “savagely”, the Nasdaq 100.
“Let’s say you believe that the stock market is a good proxy for the state of a country. It’s not perfect, but it certainly reflects how investors feel about America and its future trajectory. But judging by the averages, maybe we should be embarrassed or even mortified because we’re doing so much worse than similar countries, including countries that we’d written off years ago.”
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The answer, according to Cramer, lies in the fact that several European nations are faring better at this moment because these countries have central banks that have been consistently lowering interest rates in an effort to stimulate demand. On top of that, Cramer emphasized that individual European countries are taking proactive steps to jumpstart their economies.
“Now, we all know what’s keeping our stock market down. It’s being sacrificed on the altar of uncertainty and confusion about punishing our trading partners for allowing illegal immigration and fentanyl smuggling, in fairness, and also of course, tariffs.”
He reminded viewers that President Donald Trump campaigned on border security, not on boosting stock prices, so in that sense, he is following through on his promises. However, Cramer expressed frustration with how chaotic and difficult to comprehend the current policy landscape seems.
Many people, Cramer noted, believe that the market will not improve until the Dow sees a significant drop of 10 to 15%. He has been attempting to guide viewers through this difficult time, but he also questioned how much longer the disparity between the U.S. market and those of its allies can persist before it becomes too significant to ignore.
“I think we’d be in better shape if Trump rolled out the tariffs more gradually with a clear trajectory of where we’re headed rather than these endless intermittent volleys of Katyusha rockets.”