“This is a super competitor”

From Yahoo Finance: 2025-03-29 09:35:00

Jim Cramer discussed 11 stocks and the impact of the GTC conference on tech stocks. The stock market has struggled in March, especially tech companies, due to tariff concerns. QXO, Inc. is up 13.4% after acquiring Beacon Roofing. Cramer sees potential for QXO but believes other AI stocks offer greater returns.

Hedge fund investors are interested in stocks for potential market outperformance. QXO, Inc. has 33 hedge fund holders. Cramer is optimistic about QXO’s acquisition of Beacon Roofing, expecting competition with Home Depot. QXO ranks 11th on Cramer’s list, but other AI stocks may offer better returns.

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