We recently published a list of Jim Cramer Discussed These 12 Stocks Recently. In this article, we are going to take a look at where Carriage Services, Inc. (NYSE:CSV) stands against other stocks that Jim Cramer discussed recently.
On Friday, Mad Money host Jim Cramer addressed growing concerns in the market as tensions between the United States and China push closer to what he described as a full-scale trade war. He noted that the overall sentiment is clouded by uncertainty. Cramer emphasized:
“At the end of the day, China is the low-cost producer. We need other countries to stand up and make the goods for us, or we need to build automated factories at home to do the same thing because wages in America are simply just too expensive to compete.”
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According to Cramer, both alternatives will take time to implement. In the meantime, he warned that Americans should prepare to either pay significantly more for goods or deal with widespread shortages, or likely both. He also warned that companies exposed to economic cycles could be especially vulnerable.
As inflationary pressures mount, Cramer argued that the broader economy is in jeopardy. He emphasized that unless another country with a labor force comparable in size and cost to China’s emerges unexpectedly, the Federal Reserve will have little ability to intervene meaningfully.
Cramer also pointed to an important reason China controls such a large portion of the American retail market. He explained that Chinese goods are not only cheaper but often just good enough in quality that few American companies are willing to challenge them. He went on to say that Chinese manufacturers have long known how to price their products in a way that discourages American entrepreneurs.
For this article, we compiled a list of 12 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 11. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Number of Hedge Fund Holders: 48
Carriage Services, Inc. (NYSE:CSV) offers a range of funeral and cemetery-related services and products, including memorial planning, cremation, burial arrangements, and associated merchandise such as caskets, urns, and memorial markers. A caller asked Cramer’s take on the company, and he commented, “Very steady, very steady stock. Can be owned. I like it. Not that expensive. Good call.”
Furthermore, Carriage Services (NYSE:CSV) expects to sell certain non-core assets in early 2025, which will slightly reduce its revenue and field EBITDA. For the full year, the company forecasts revenue of $400-$410 million. It expects adjusted EBITDA between $128 and $133 million. It forecasted its adjusted EPS in the range of $3.10-$3.30, and free cash flow between $40-$50 million.
Overall, CSV ranks 9th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of CSV as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CSV but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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