2025-04-10T17:09:02.000Z

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In a recent episode of Mad Money, host Jim Cramer provided insights into the current state of the stock market, particularly focusing on the implications of tariff-induced volatility. The episode featured a detailed analysis of where Krispy Kreme, Inc. (NASDAQ: DNUT) stands compared to other stocks that have captured Cramers attention.

On Tuesday, Cramer highlighted the unpredictable nature of the market. He recounted a personal experience from earlier that day, stating, The market looked terrific when I went out to lunch today Then I came back and all the gains that I saw were gone. So many wins had turned into losses. So much had melted down. I mean, holy cow. An incredible reversal, a severe reminder of the fragility of this market. His observations serve as a stark reminder of how quickly market sentiment can shift, underscoring the importance of vigilance for investors.

During the episode, Cramer also delved into the U.S. government's recent decision to impose a hefty 46% tariff on goods imported from Vietnam. He expressed concern over the economic implications of this move, noting that while Vietnam exports a significant volume of products to the U.S., it imports very little in comparison. Cramer highlighted the economic disparity between the two nations, questioning what Vietnam could realistically afford to purchase from the U.S. in return.

So why did the White House hit Vietnam with a 46% tariff? Because the trade team believes that Vietnams a transshipment country. They think the Chinese use it as a backdoor to get around the tariffs, Cramer explained. This assertion highlights the complexities of international trade relations, as countries seek to navigate the challenges posed by tariffs and trade policies.

Cramer went on to discuss the decisions made by American companies to relocate their manufacturing operations from China to Vietnam, which they believed would allow them to avoid high tariffs and thus remain competitive. However, he expressed disappointment that the anticipated lower tariffs for goods manufactured in Vietnam did not materialize as expected. This unexpected turn has resulted in significant repercussions for the stock prices of these companies, as Cramer pointed out.

As the segment progressed, Cramer emphasized that the ongoing uncertainty surrounding tariffs and trade relations will likely continue to impact stock valuations negatively, especially for companies that rely heavily on overseas manufacturing. He noted, The bottom line: You could conclude that I shouldnt go to lunch. Or maybe you should accept that things are going to be treacherous for companies that make things overseas no matter what. Its just too difficult to own these stocks until the estimates are brought down to levels that can be beaten. And obviously from todays action, we just arent there yet.

This analysis serves as a timely reminder for investors to remain cautious, especially in the current economic climate where trade policies can have immediate and profound impacts on market performance.

In preparation for this article, we compiled a list of 10 stocks that were highlighted by Jim Cramer during the April 8 episode of Mad Money. The stocks are listed in the order in which they were mentioned, and we also included hedge fund sentiment for each stock based on data from Insider Monkeys extensive database, which tracks over 1,000 hedge funds.