From Yahoo Finance: 2025-04-30 07:16:00

Jim Cramer discusses the unease among businesspeople regarding the President’s attempt to fire the Federal Reserve Chair. The uncertainty created by this, along with tariff policies, has impacted markets. Despite this, Cramer advises viewers to remain optimistic, noting strength in the consumer and encouraging investment in certain AI stocks.

RTX Corporation, a defense contractor, saw a modest 3.7% increase in shares year-to-date. However, after announcing potential earnings reduction due to President Trump’s tariffs, shares sank by 9.8%. Cramer questions whether the firm’s honesty in earnings reporting was well-received. RTX ranks 2nd among stocks Cramer discussed.

Cramer highlights a positive outlook on the consumer, citing data from an earnings call of a major card issuer and travel services provider. The numbers show strong consumer activity, with spending on various categories up significantly. This suggests a robust consumer base, contrary to investor perceptions.

In a recent article, RTX Corporation (RTX) is mentioned as the best among defense stocks. Despite its potential, AI stocks may offer higher returns in a shorter time frame. An AI stock has shown growth in 2025 while others declined. Consider exploring opportunities in AI stocks for promising investments.

Read more: Jim Cramer Says ‘Don’t Forget That RTX Corporation (RTX) Is Really On The Firing Line’