From Yahoo Finance: 2025-03-29 16:19:00

Jim Cramer discussed 9 stocks, including Paychex, Inc. (PAYX), praising service-driven models amidst tariff concerns on cars. Cramer highlighted the importance of domestic companies, with a focus on service sectors post-tariff announcement. He emphasized the potential impact of new tariffs on global markets, suggesting winners may emerge. Hedge fund sentiment for PAYX remains positive, catering to small and medium-sized businesses. Cramer’s insights underscore the company’s resilience and growth potential. PAYX ranks 2nd on Cramer’s list, offering solid investment potential. For those seeking AI stocks with higher returns, explore options beyond PAYX. 1. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling by 500 points. Investors are concerned about rising inflation and the Federal Reserve’s plans to raise interest rates.

2. A new study has found that wearing two masks can significantly reduce the spread of COVID-19. Researchers found that double masking can block more than 90% of respiratory droplets.

3. The United Nations has declared a famine in parts of Ethiopia, with millions of people facing severe food shortages. The ongoing conflict in the region has disrupted food supplies and humanitarian aid efforts.

4. Tesla CEO Elon Musk has announced plans to build a new Gigafactory in Texas. The factory will produce batteries and electric vehicles, creating thousands of jobs in the area.

5. The European Union has approved the use of the Johnson & Johnson COVID-19 vaccine, despite concerns about rare blood clots. The vaccine will be available for use in all EU member states.

6. A major cyberattack has disrupted operations at a major U.S. fuel pipeline, causing gas shortages and price spikes in several states. The Biden administration is working to address the issue and ensure the pipeline is restored to full operation.

Read more: Paychex, Inc. (PAYX) Gets a Thumbs Up from Jim Cramer for Its Service-Driven Model