In a recent episode of CNBC's Squawk on the Street, renowned financial commentator Jim Cramer delved into the implications of currency fluctuations, particularly focusing on how a weaker U.S. dollar could potentially benefit American companies. This discussion is particularly relevant in the current economic climate, where trade wars and tariffs have become a significant concern for investors. Cramer emphasized, "The tariffs are going to be offset by the weak dollar. People forget that. And a weak dollars good. We have a lot of people who work at the network who think a weak dollars bad. I dont know where they get that, because if you listen to a conference call, the weak dollar could save us from the tariffs."

This perspective sheds light on a counterintuitive aspect of economic policy while a strong dollar typically suggests a robust economy, a weaker dollar can make American exports cheaper and more competitive internationally. Investors often overlook these dynamics, and Cramer's insights could provide a fresh lens through which to view market movements.

The discussion then shifted towards the geopolitical landscape, particularly the strategic rivalry between the United States and China. Cramer referenced the book Death by China, which outlines concerns over China's technological advancements and national security threats posed by their rising influence. He stated, "Look, in 2011, I got Death by China. When you stop, and the book is about Navarro, and its basically about World War III. He doesnt mention that. Im adding that. Graham Allison talks about World War III. He was one of my professors. So, hey, listen up. You cant even, so its not even stock right now, but Death by China just talks about their grand plan to take us over. And when you go back and read it, its more cogent than you thought."

Cramers reference to World War III brings to light the serious concerns surrounding China's ambitions. He expressed that the competition between the U.S. and China should be viewed as an arms race, where innovation and technological superiority could dictate the future of both nations. "I think that there should be a great competition and real arms race. We shouldnt be helping them and lets see who wins. [] Look, I think that were unbelievably great. Were well ahead in scale. I dont trust the Chinese. I would never want to use their stuff because I think that they would in the end be, youd be captive to that regime. I think that were still ahead, he asserted.

In addition to discussing geopolitical factors, Cramer also touched upon specific stocks he believes merit attention. To compile a list of stocks he has recently analyzed, our methodology involved tracking his mentions during the April 16th episode of Squawk on the Street. Notably, we included information about how many hedge fund investors are backing these stocks. The reason this is significant is that extensive research suggests that mimicking the stock picks of top hedge fund managers often leads to outperformance in the market. Our quarterly newsletter has consistently selected 14 small-cap and large-cap stocks since May 2014, boasting a remarkable return of 373.4%, significantly surpassing its benchmark by 218 percentage points.