Jim Cramer criticizes Johnson & Johnson's spinoff decision, suggesting it removed valuable brands

From Yahoo Finance: 2025-03-29 09:54:00

Jim Cramer discussed Trump’s tariff strategy on CNBC, noting market uncertainty in March. Cramer believes Trump is making progress with tariffs, prompting companies to build in the US. He also expressed distrust towards China’s tactics with American companies.

Cramer mentioned stocks on CNBC’s Squawk on the Street, emphasizing hedge fund interest. Johnson & Johnson spun off Kenvue, sparking debate about its potential acquisition. Cramer criticized the decision, suggesting it removed valuable brands from JNJ’s portfolio.

JNJ ranks 10th on Cramer’s list, but AI stocks may offer higher returns. An AI stock trading below 5 times earnings could be more promising than JNJ. For further insights, explore the 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Hedge fund holders in Q4 2024 for JNJ were 98. Cramer believes that Trump’s tariff strategy is effective, pressuring countries and companies to comply. For more stock picks and market analysis, visit Insider Monkey for original content.



Read more at Yahoo Finance: Jim Cramer on Johnson & Johnson (NYSE:JNJ): Their Spinoff Was Ill-Advised