Jim Cramer Backs Novo Nordisk (NVO) After Its Sharp Decline
From Yahoo Finance: 2025-04-16 22:04:00
Jim Cramer highlighted growing tensions between the US and China, warning of a potential trade war. He emphasized the need for other countries to step up as low-cost producers or for the US to build automated factories due to high American wages.
Cramer cautioned that Americans may face higher prices or shortages due to economic cycles. He noted that without a comparable labor force to China’s, the Federal Reserve may struggle to intervene effectively as inflation rises.
Chinese manufacturers dominate the US retail market due to lower prices and sufficient quality. Cramer explained that few American companies challenge them, as Chinese pricing strategies deter competition from US entrepreneurs.
Novo Nordisk (NVO) saw a significant decline prompting Cramer to endorse it as a buy, aligning with President Trump’s goals. Despite NVO’s potential, AI stocks are seen as more promising for higher returns in a shorter period, with one AI stock already up since 2025.
While NVO ranks 4th among stocks discussed by Cramer, AI stocks are favored for greater potential returns. A specific AI stock showing promise with significant upside potential is recommended for investors seeking growth opportunities.
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