Jim Cramer Says "GM's a Winner From These Tariffs Too"

General Motors Company (NYSE:GM) is one of the stocks that Jim Cramer shed light on. Discussing the impact of the auto tariffs on the company, Cramer said:

“I believe these auto tariffs are real. They’ll change the landscape even if Japan and Korea start putting in giant orders for natural gas turbines and airplanes… Ford is the biggest winner because its cars and trucks have the most content made in the US, even more than General Motors, although GM’s a winner from these tariffs too…

We can get into the weeds of whether or not this is good policy. I think it’s got plenty of justification, but whether you like it or not, it is the policy. Even if you don’t believe President Trump will follow through on any other tariffs, he’ll definitely follow through with the ones on Japan and Korea, which means the stocks of General Motors and especially Ford are headed higher.”

General Motors (NYSE:GM) designs and sells a wide range of vehicles and parts, while also providing automotive financing, software-based services, and after-sale support like maintenance, repairs, and extended warranties.

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Disclosure: None. This article is originally published at Insider Monkey.