Squawk on the Street There’s a New Tariff in Town, Taking a Toll, The New Berkshire? 2/19/25
Feb 19, 2025
Eamon Javers, a seasoned journalist known for his coverage of high-profile interviews, joins the discussion on the potential 25% tariffs proposed by President Trump, impacting sectors like autos and pharma. The conversation shifts to market reactions and significant earnings misses from companies like Toll Brothers. Javers dives into the implications of Bill Ackman’s move to create a 'modern-day Berkshire,' exploring how these major economic shifts might reshape investor sentiment and market strategies.
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Buy Arista
- Despite Arista Networks guiding conservatively and concerns about Meta, Jim Cramer recommends buying the stock.
- He believes their conservative guidance presents a buying opportunity, as seen with Palo Alto Networks last week.
Tariffs and Manufacturing
- The question arises for multinationals: should they duplicate US manufacturing due to tariffs?
- Jim Cramer suggests making products in the country where they will be sold, like GE's old playbook.
Market Volatility and COVID
- Five years ago, the S&P hit an all-time high, then dropped 35% four weeks later due to COVID.
- Despite this, buying at the top would still have resulted in almost double the total return today.