Cramer breaks down the biggest winning stocks from Trump's tariff delay

Apple is the biggest recipient of President Donald Trump's tariff delay, CNBC's Jim Cramer said Tuesday.

The tech giant's iPhones and laptops are assembled in the country and would be subject to a 10% tariff to be shipped to America, a cost that could be passed on to consumers.

On Tuesday, Trump decided to scale back how far a fresh round of charges would extend to goods coming from China.

"This is a home-made day for Apple, big wins," said the host "Mad Money". "Apple has been a total flashpoint in the White House because they are trapped between both countries. … Plus, they have built an entire ecosystem for job creation in the software area of ​​both countries."

Cramer said investors need to understand what companies really benefit from the tariff delay and find opportunities to buy shares with a withdrawal. Trump threatened to impose a further 1[ads1]0% tariff on the remaining $ 300 billion of untaxed Chinese imports on September 1. He signaled that he would hold new duties on some imports until December 15.

Many Apple vendors are also taking a break as part of Trump's action, Cramer said. He pointed out Skyworks Solutions, Texas Instruments and Micron Technology, which have seen their shares falter as tensions escalated, as winners. Shares of Skyworks and Texas Instruments gained as much as 2.83% on Tuesday, while Micron Technology jumped almost 5%.

The host also said that the toll stay benefits his so-called WATCH group, which includes large retailers of Walmart, Amazon, Target, Costco and Home Depot that sell a large amount of Chinese products.

"Without a stay of execution, these companies may have had a tough holiday," Cramer said. "At least their margins would have been shrunk by customs."

Other shares that Cramer recognized among the winners are Best Buy and Hasbro, who have been working to move the toy business out of China.

"When it comes to the trade war, the Hawks point out that this is just a delay. The pigeons say this is a real thaw," Cramer said. "Me? I think the truth is somewhere in between."

Disclosure: Cramer's charitable trust owns shares in Apple, Amazon and Home Depot.