Positive.

From Yahoo Finance: 2025-05-07 13:16:00

Jim Cramer discussed market drivers, emphasizing strong employment data that reduces recession fears and impacts Federal Reserve policy. He highlighted the importance of the jobs report in predicting stock market movements and noted a potential rally if wage inflation remains controlled.

Additionally, Cramer mentioned a market surge due to possible diplomatic progress with China, particularly regarding action against fentanyl. He believes this news could extend the rally further, pending agreement. Cramer cautioned that any negative response from President Trump could disrupt the positive momentum.

Carvana (CVNA), a heavily shorted stock, is set to release results. Cramer anticipates a strong report due to the impact of tariffs on new cars, driving customers to Carvana’s digital used car platform. The company operates an e-commerce platform for buying and selling used vehicles, ranking 16th on Jim Cramer’s radar.

While CVNA holds investment potential, AI stocks offer greater promise for higher returns in a shorter time frame. An AI stock has shown significant growth in 2025 compared to popular AI stocks. For investors seeking a promising AI stock trading at under 5 times earnings, a report on the cheapest AI stock is available.

Read more: “Carvana Could Surprise Bears Big Time”