We recently published a list Jim Cramer placed these 16 shares under a microscope. In this article we will look at where Transmedics Group, Inc. (Nasdaq: TMDX) stands against other shares that Jim Cramer has placed under a microscope.
On Thursday, Jim Cramer, the host of Mad Money, shared his thoughts on the recent position of the president against the ‘false free trade era’, in which he expressed his agreement with the shift of free trade.
“Yes, I am not a big fan of free trade. Yes, I feel that our country has been abused by our so -called trading partners, especially when it comes to cars. And yes, I prefer the 25% rate for the input of the car. Close watchers of the show know that this is not a new view of me. I have destroyed the entire industries in this country.”
Also read: Jim Cramer recently commented on these 8 shares And Jim Cramer recently discussed these 9 shares
Cramer said that in the 1990s America concluded a “deal with the devil” by allowing the influx of cheap goods from abroad. He noted that although there is nothing inherently wrong with affordable products, the consideration has been the decimation of American industry and the destruction of factory cities throughout the country.
Cramer noted that the loss of production paths was a great concern. He noted that although the decision to import cheap goods at that time seemed like a good deal, afterwards, this led to considerable social and economic damage. He added:
“Now the president has stated that false free trade age is over, and I am on board, even if I wish he could draw up a clear plan instead of rolling out the rates one by one.”
He emphasized that if America would reduce the production paths, sacrifices would be needed, including the imposition of rates. The most important point for Cramer was the recognition that these jobs, along with the many associated positions that were linked to them, had been lost, but there is perhaps an opportunity for some to return.
“Nowadays, factory jobs may not be as important as any other kind of job, to be honest, but if we look at all these stripped small cities in our country that have led to such a despair, such drug use, homelessness, the bargain for cheap goods, I think it is a mistake.
For this article we compiled a list of 16 shares discussed by Jim Cramer during the episode of Mad Money broadcast on March 27. We have mentioned the shares in ascending order of their hedge fundsentiment from the fourth quarter of 2024, which was taken from the database of Insider Monkey with more than 1,000 hedge funds.
