We recently released a list Jim Cramer's Thoughts on These 7 Stocks. In this article, we will look at the positions of other stocks discussed by Taiwan Semiconductor Manufacturing Corporation Co., Ltd. (NYSE:TSM) with Jim Cramer.
On Thursday, Jim Cramer, host of Crazy Money, discussed the recent rally in the market, which caused huge losses in the following days. He attributed the rebound to a combination of strong revenue reports and White House measures.
"If you know how to bowl, you killed a kill today because we have some of the best sales revenue I've seen in a long time. It's pure joy. When we look at a lead nail, another slash, and then slam the stick behind it. kaboom. Strike after strike. After strike. After strike. After strike, all the radio silence of the White House associated with any business, you end up with a strong and powerful game."
Please read also Jim Cramer puts these 16 stocks under a microscope and Jim Cramer recently talked about these 15 stocks
Cramer admits that several factors lead to such a rally, including the initial sense of despair that could act as a catalyst. He recalled that just last Monday, the White House hit a new low, when President Donald Trump publicly criticized Fed Chairman Jerome Powell for being widely respected on Wall Street. He added:
“So when the president at least did something unimaginable to him, he quit and when he said he had no plans to fire Powell, he gave us the fuel we needed for the spectacular rally.”
Additionally, Kramer noted that some positive news comes from unexpected sources, namely company earnings. Cramer said revenues contrast sharply with pessimism surrounding the economy, especially from the average Benas hedge fund manager, who have been predicting recession. He noted that the people warned that when company earnings reports come in, the company will soon show signs of major trouble. Instead, the opposite happened, with many companies exceeding expectations, which increased the gathering.
“It’s the bottom line: while the White House is dignified or at least at the same time as China remains stable, Jimmy Stewart, the chief of the U.S. federal government, is back in dissatisfaction, and then, ladies, it’s a round-bead market.
In this article, we compiled a list of 7 stocks discussed by Jim Cramer in the episode of Crazy Money aired on April 24. We list stocks for the fourth quarter of 2024 in order of rising hedge fund sentiment, which come from Insider Monkey's database of more than 1,000 hedge funds.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Number of hedge fund holders: 186
A caller asked Kramer about the idea of Taiwan Semiconductor Manufacturing Corporation Co., Ltd. (NYSE:TSM), and he replied:
"Taiwan's semiconductors are too low. I have to tell you... Look, I'm very convinced that it's hard politically... We're going to protect Taiwan's semi-finals. I'll say that, this is one of the greatest manufacturers in the world, this is the person who should be so low in the half-time in Taiwan, this is a cheap person, this is not a believer, not a believer, and I don't believe it.
Taiwan Semiconductor (NYSE:TSM) is a major player in the semiconductor industry. The company handles the manufacturing, packaging, testing and sales of integrated circuits and a variety of semiconductor products. China Overseas Coast Investment listed the following content about Taiwan Semiconductor Manufacturing Company Co., Ltd. (NYSE:TSM) in its Q1 2025 investor letter:
"Taiwan Semiconductor Manufacturing Corporation Co., Ltd. (NYSE:TSM) is the most obvious geographical risk company we have and we cut our position in half. I know if the Taiwan-China explosion breaks out, the losses will be a lot wider, but TSM seems to be the first Domino, not like Taiwan.
Overall, TSM Ranked first On the stock list we discuss by Jim Cramer. Although we acknowledge the potential of TSM as an investment, our belief is that AI stocks have greater hope to provide higher returns and do so in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than TSM but have less than 5 times its earnings, check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Internal monkey.