Jim Cramer Favors Utility Stocks to Combat Tariffs

247wallst
2025.02.28 14:15
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Jim Cramer recommends investing in major U.S. utility stocks to mitigate the impact of upcoming tariffs on goods from Canada, China, and Mexico. He highlights American Electric Power, Entergy, and Sempra as strong options, noting their minimal reliance on international business. These utilities are benefiting from increased energy demands driven by AI infrastructure, with significant revenue and dividend yields. Cramer believes these stocks can maintain their value despite tariff pressures, as the need for electricity is expected to rise significantly in the coming years.