“What is this 27% of China doing here?”
Recently I published the list Jim Kramer defended America’s advantage and discussed these 13 stocks. In this article, we will look at where ASML stands, which holds NV (NASDAQ:ASML) against the other stocks discussed by Jim Cramer.
CNBC’s latest arrival Skip work on the streetJim Kramer highlighted the frequently overlooked role of currency fluctuations, explaining whether the weaker US dollar actually benefits American companies.
“Taxes will be offset by weakness in the dollar, and people have forgotten that.
Read again: List of 16 stocks to buy now for Jim Kramer and Jim Kramer responds when the market hits bottom and places a weight on 11 shares.
Cramer referenced the book as the conversation shifted to geopolitical risks and strategic rivalry with China Death by China To explain the fears of China’s technological advantage and potential consequences for US national security:
“In 2011, I died in China. When you stopped, and the book is about Navarro, and it’s basically about World War II. He didn’t mention that. Graham Allison was one of my professors. He was one of my professors. More than you thought.
While discussing the growing competition between American and Chinese companies, Jim Kramer has reaffirmed his position that the US is still far ahead of China.
“I think there should be great competition and real arms competition. We shouldn’t help them. Let’s see who wins. (…) We think it’s incredible. We’re ahead of the scale. I don’t want to trust the Chinese.
To create a list of stocks Jim Cramer spoke about, he listed the stocks he mentioned on CNBC’s Squawk on the streets aired on April 16th.
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