In This Article:
We recently published a list of Jim Cramer’s Thoughts on These 5 Stocks. In this article, we are going to take a look at where Pfizer Inc. (NYSE:PFE) stands against other stocks that Jim Cramer discussed.
On Thursday’s episode of Mad Money, Jim Cramer addressed the growing friction between Federal Reserve Chairman Jerome Powell and President Donald Trump.
“President Trump, what took you so long? This man went almost a hundred days before he finally said he’d like to see Fed Chief Jay Powell ousted for keeping interest rates too high. I thought he would’ve done it weeks ago. Of course, it’s illegal for him to fire Powell as the Fed’s an independent agency, but it certainly sounds like the White House wants more control over the Federal Reserve.”
READ ALSO Jim Cramer’s Game Plan for Next Week: 25 Stocks in Focus and 12 Stocks on Jim Cramer’s Radar Recently
The market, however, seemed relatively unaffected, which Cramer interpreted as a sign that this kind of rhetoric had already been priced in or expected. Cramer mentioned that job availability remains strong across the country. He argued that as long as Americans remain employed in large numbers, the constant chatter about an imminent recession may be overstated. However, he acknowledged that this time feels different due to the uncertainty surrounding the global trade war. He warned that the situation carries a serious risk, especially if tensions escalate. He added:
“China’s like a squid with its tentacles and everything from auto parts to rare earth minerals to anything made of plastic and almost all textiles, very hard to wean our economy off that merchandise overnight.”
Cramer reminded his audience that there is a cost to imposing tariffs and disrupting international commerce. He drew a parallel to a grim historical precedent, recalling that sweeping tariffs preceded the Great Depression. He added:
“Call Powell worried. He’s read the history. He knows his facts. Some wonder if President Trump wants to fire him. Powell’s considered style must just drive this man crazy…. If I were Trump, I’d stop trying to fire Powell, which he can’t do, at least not legally, and keep him around as a whipping boy if we really do go into recession.”
Our Methodology
For this article, we compiled a list of 5 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 17. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.