2025-04-10T17:07:55.000Z

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In a recent discussion on his show, Mad Money, Jim Cramer, the well-known financial commentator, unveiled a list of ten stocks currently on his radar. This analysis particularly focuses on the position of ServiceNow, Inc. (NYSE:NOW) in the context of his market observations and the broader economic landscape.

On Tuesday, Cramer addressed the repercussions of tariff-induced volatility in the stock market, specifically highlighting how these conditions are affecting various retail companies. He remarked on the erratic nature of the market, 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. This vivid portrayal emphasizes the unpredictable nature of market conditions, which can shift dramatically in a very short span of time.

Cramer subsequently turned his focus to a significant decision made by the U.S. government: the imposition of a hefty 46% tariff on goods imported from Vietnam. He elaborated on Vietnam's role in the U.S. market, indicating that the country has been a substantial source of products, while paradoxically importing very little from the U.S. He noted the irony in this situation, pointing out that Vietnam is classified as a developing nation, raising the question of what it could afford to buy from the United States.

He stated, 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. This comment reflects the complexities of international trade, where geopolitical tensions often result in sweeping economic policies that can have far-reaching implications.

In his analysis, Cramer conveyed that many companies, when they transitioned their manufacturing from China to Vietnam, believed they were making a strategic and financially sound decision. He had anticipated that these American firms would benefit from lower tariffs when manufacturing in Vietnam, viewing it as a way to navigate around Chinas restrictions. However, he was taken aback by the reality that this expectation did not come to fruition as anticipated. The consequence of this policy shift is now evident, with the stock prices of affected companies experiencing considerable declines.

Cramer emphasized that until the tariff situation is rectified, companies reliant on overseas manufacturing are likely to see their stock values continue to plummet. He also reflected on the Trump administrations broader strategy, which appeared focused on penalizing foreign trading partners while motivating U.S. companies to relocate their manufacturing processes back to American soil.

He concluded with a candid remark, saying, 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 observation underlines the uncertainty currently plaguing the market, signaling caution for investors.

In line with Cramers commentary, we have compiled a list of ten stocks that were featured in the Mad Money episode aired on April 8. The stocks are listed sequentially as mentioned by Cramer during the episode. Additionally, we have provided insights into hedge fund sentiment regarding each stock as of the fourth quarter of 2024, utilizing data from Insider Monkeys extensive database of over 1,000 hedge funds.