Jim Cramer labels Rigetti Computing a "meme stock" with potential for higher returns

From Yahoo Finance: 2025-04-04 17:52:00

Jim Cramer discussed 10 stocks amid Trump’s trade wars, including Rigetti Computing, Inc. (NASDAQ: RGTI). Cramer warned of higher prices and volatility due to new tariffs, emphasizing Trump’s focus on punishing trading partners, not stock prices. Hedge fund activity in these stocks can offer insights for investors seeking market outperformance.

Rigetti Computing, Inc. (NASDAQ: RGTI) was labeled a “meme stock” by Jim Cramer, highlighting its speculative nature and detachment from fundamentals. Despite ranking 10th on Cramer’s list, AI stocks are seen as more promising for higher returns in a shorter time frame. Investors can explore AI stocks with significant growth potential at low valuations.

Hedge fund investors are tracking stocks discussed by Jim Cramer, seeking to emulate their top picks for market outperformance. Cramer’s analysis on CNBC sheds light on the impact of Trump’s trade wars on stock prices and the need for investors to navigate increased volatility and inflation. Investors should consider companies less affected by tariffs and position themselves strategically in the market.

Read more: Jim Cramer on Rigetti Computing (RGTI): ‘It’s a Meme Stock’