RTX Corporation (RTX): Jim Cramer Believes It Can Lead The Charge For A ‘No Recession' Narrative

Yahoo

03-05-2025

We recently published a list of . In this article, we are going to take a look at where RTX Corporation (NYSE:RTX) stands against other stocks that Jim Cramer discussed.
In his recent appearance on CNBC's Squawk on the Street, Jim Cramer discussed the impact of markets extending their rally after President Trump's remarks suggested that his administration was de-escalating its showdown with China. To further assuage market concerns, Trump also asserted that he had no plans to fire Federal Reserve Chairman Jerome Powell. Cramer remarked:
'Well I think that if you go back to Monday's stock market, that was one of the worst days in my career that I've ever seen. I had that comparisons to 1932, a lot of people just saying let's just forget about this, let's turn it off, I don't want to be in this anymore. David, there seemed to me on Monday to be a belief that we're really on our own, do whatever you want, tariff away, we don't need anybody, interest rates going the wrong way, gold going the wrong way. It was just a hideous day.'
Given that Cramer has interacted with the markets in one form or the other before most of us were born, naturally his remarks about Monday being the worst of his career raised eyebrows. Co-host David Faber refused to believe it and asked Cramer whether he really did think that it was the all-time worst day. In response, Cramer clarified that it was the worst day in terms of despair. 'No, because in terms of despair. Despair. Level of despair. . .Just saying the level of despair on Monday when I left,' he said.
Cramer also outlined that those who had predicted that a bear market was in play were proven wrong. 'Everyone said bear market rally yesterday, well you know those people have been pantsed,' he said. 'There was a guy on this morning . .was talking about tariffs, you know I was really hammered. I said jeez you know it's early in the morning,' Cramer added.
However, even though the bears were 'pantsed,' it didn't mean that the performance was stellar. Commenting on JPMorgan calling recent market events a wholesale divorce from dollar-denominated assets, Cramer outlined: 'I felt like I could go very easily into pretty much any market in the world and be better than ours.'
The CNBC host also shared that Treasury Secretary Bessent appears to be driving the policy, as for now. According to him: 'I think that Bessent, Treasury Secretary Bessent, is regarded as being at the tiller, right now. And he understands the stock market. And there's, Navarro, who understands death by China.'
Commenting on the link between Bessent and President Trump, Cramer shared:
'Look obviously he [Bessent] just knows there's some connection between the stock market and the country. And I know that the President, first go around, regarded as being really important. In the second go around he's just said basically it's an abstraction even to the point where I can do tariffs higher than Smoot-Hawley and not care what happens.'
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on April 23rd.
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RTX Corporation (NYSE:RTX) is a major American defense contractor. The firm's shares are the talk of the town in April after it warned of a massive hit to its full-year earnings this year due to tariffs. RTX Corporation (NYSE:RTX)'s stock sunk by 9.8% after the results but they have gained 7.2% since then. In his previous comment about the firm, Cramer lamented RTX Corporation (NYSE:RTX)'s honesty and asserted that it should have been more cautious. Here are his latest comments:
'If RTX can get back on track, these companies have all kind of said, you know we're not hurt that much by tariffs. We're doing pretty well. And then you start getting a narrative which says maybe no recession.'
Overall, RTX ranks 7th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of RTX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. 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 RTX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.