Jim Cramer initially recommended buying Block Inc. (XYZ), which has dropped 32.2% due to concerns.

From Yahoo Finance: 2025-04-08 14:05:00

Jim Cramer’s thoughts on President Trump’s tariffs and the potential economic risks ahead were shared in a recent Mad Money episode. He expressed sympathy for the goals but warned of severe consequences for consumers and the economy. Despite understanding the motivation behind the policy, Cramer highlighted the potential economic disruption a 20% tariff on all imports could cause. He also criticized the lack of clarity and coordination in the policy rollout. Cramer emphasized the fear of inflation among Americans and questioned the impact of tariffs on the economy. Additionally, a list of 10 stocks discussed by Cramer a year ago was compiled, with their performance over the past 12 months analyzed. Our quarterly newsletter’s strategy has returned 373.4% since May 2014, surpassing its benchmark by 218 percentage points. Jim Cramer initially recommended buying Block Inc. (XYZ), a fintech firm, but the stock has since dropped 32.2% due to profitability concerns and macro pressures. Despite this, Cramer still believes in the company’s potential, suggesting it may be a good buying opportunity. XYZ ranks 9th on Cramer’s list of stocks from a year ago, but there are AI stocks with greater promise for higher returns. Check out our report on the cheapest AI stock with significant potential.



Read more at Yahoo Finance: Jim Cramer Told Investors to Buy Block (XYZ) Now He Thinks It’s a Bargain Again