Reported 23 days ago
In a recent CNBC appearance, Jim Cramer highlighted the impact of Trump's tariff strategies on the stock market, noting that some companies are adapting positively by investing in the U.S. He expressed confidence in the effectiveness of these tariffs, despite a significant stock market decline, and emphasized that Broadcom Inc. (NASDAQ:AVGO) is a notable player in the semiconductor industry. Cramer advocates for a consistent approach from Trump to sustain market confidence, stating that while AVGO has potential, there are other AI stocks that may offer better returns.
Source: YAHOO