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We recently published a list of Jim Cramer’s Game Plan: 10 Stocks in Focus. In this article, we are going to take a look at where Walgreens (NASDAQ:WBA) stands against other stocks in Jim Cramer’s focus.
On Friday, Jim Cramer, the host of Mad Money, commented on the current state of the markets as he emphasized that this week’s earnings reports will be the first real indicator of how CEOs are managing tariff-related challenges ahead.
Cramer highlighted the continuing collapse in the markets and remarked that there is a “manmade obliteration”. He mentioned that the crisis is far from over. He also expressed concerns about the rising tariffs, especially with the White House’s current stance on trade policy.
“Right now, I’m most worried about inflation, which is something… let’s say something that we’ll be thinking about a lot when? When we have the CPI report. This is what really matters, see, because this is where we are not going to be able to cut rates if these numbers start being bad. Inflation became very sticky, and it was no longer going the Fed’s way even before the tariffs.”
READ ALSO: 10 Stocks on Jim Cramer’s Radar Recently and Jim Cramer’s Take on These 10 Stocks
Cramer warned that tariffs could drive prices up even further which can lead to reduced consumer purchasing power. Highlighting the scale of President Trump’s tariffs, Cramer said that it was nearly impossible for these tariffs not to raise consumer prices. He noted that the Federal Reserve’s attempts to lower interest rates to stimulate the economy will be met with challenges by inflationary pressure. He added:
“I say the Fed’s locked in a box here and can’t do nearly as much as they might like because they don’t want to spur another route of inflation on their own.”
Cramer pointed out that various banks are predicting that there will be a recession. He mentioned that some are focusing on the 10-year Treasury yield dropping below 4% as a signal of an impending recession. He went on to acknowledge the difficulty of the day and week for investors. He added:
“Our only real hope is that the president comes up with something that can turn this bear into a bull and he can do it even as he seems unwilling to scale back the tariffs. All he has to do is offer our companies a path to get out of this hell that they did not create and they do not deserve. But the bottom line: That’s a very glass-half-full hope in what feels like a glass totally empty market.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 4. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.