In this article, we will take a detailed look at the 10 Stocks on Jim Cramer’s Radar Amid Market Volatility.
Jim Cramer in a latest program on CNBC commented on the reasons behind the recent selloff and said the market correction isn’t always healthy. He continues to believe the key reason behind the latest market drop was President Trump’s volatile tariff policies.
“I think Trump’s core thesis is right, our trading partners have taken advantage of our country for decades and it’s worth trying to set that right, but it’s a very big but, Trump’s approach has been way too erratic, it’s terrified both the stock market and the broader economy, not just the stock market, the broader economy. Most of the substantive tariff news comes in the form of postings on Truth Social, they come fast and furious, they’re incredibly important, they’re incredibly contradictory. These posts involve hundreds of billions of dollars if not trillions of dollars and more importantly hundreds of thousands of jobs, including yours. The Mercurial postings, the scatter shot approach to trade policy is the approximate cause of the correction.”
READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In
For this article we picked 10 stocks Jim Cramer talked about in his programs recently. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Fubotv Inc (NYSE:FUBO)
Number of Hedge Funds Investors: 9
Jim Cramer was recently asked about live TV streaming platform company Fubotv Inc (NYSE:FUBO). Here is what Cramer said:
“You flatter me with that tuning into my show, but I don’t like stocks that just have companies that just do nothing but seem to lose money, and that is in that category.”
9. AllianceBernstein (NYSE:AB)
Number of Hedge Funds Investors: 43
When asked about asset management company AllianceBernstein (NYSE:AB) during a program on CNBC, Jim Cramer said the following:
“I never understood why AllianceBernstein is so low. It’s absolutely, you know, it was weird. I mean, it’s just a great company. All systems go there.”
8. Arthur J. Gallagher & Co. (NYSE:AJG)
Number of Hedge Funds Investors: 44
Asked about insurance brokerage Arthur J. Gallagher & Co. (NYSE:AJG), here is what Jim Cramer said during a program on CNBC:
“Oh my god, yes, that is just a solid company. We used to call it, in the old days, you just call it a blue chip. Great company. Should have been doing stuff with it. You know, sometimes stocks are just kind of quietly going up, and that’s one of them.”
Andvari Associates stated the following regarding Arthur J. Gallagher & Co. (NYSE:AJG) in its Q3 2024 investor letter:
“Arthur J. Gallagher & Co. (NYSE:AJG) and Rollins are two other serial acquirers in Andvari’s client portfolios. Both are some of the largest, and best, businesses in their respective industries. AJG is a leading property and casualty insurance and reinsurance broker. Rollins is home to many of the top brands in the pest service industry in North America.
Importantly, while both AJG and Rollins have large market shares, their respective markets are still highly fragmented. There are thousands of small and medium-sized businesses left for AJG and Rollins to acquire. Gallagher currently has a pipeline of 100 potential acquisitions that represents about $1.4 billion of annualized revenue (compare this to $10.1 billion of revenues for 2023). Andvari believes the pace of acquisitions for both companies can continue for many years to come. Just see below the acquisition track records of both companies since 2014…”(Click here to read the full text)
7. Nu Holdings Ltd (NYSE:NU)
Number of Hedge Funds Investors: 54
Jim Cramer recently said on CNBC that he was “wrong” to be bullish on Nu Holdings Ltd (NYSE:NU).
“I’ve got to tell you, I came out hot on this one. I really liked it. I’ve been wrong. I don’t know why. I thought it was just a really cool idea. I mean, it’s, you know, I think maybe it’s like digital banking. I thought it was the way to go. So far, I’m wrong. I’m not. I can’t. I’m not going to repeat my bullishness. It would be a mistake.”
Baron FinTech Fund stated the following regarding Nu Holdings Ltd. (NYSE:NU) in its Q4 2024 investor letter:
“Nu Holdings Ltd. (NYSE:NU) is a digital bank with operations in Brazil, Mexico, and Colombia. Shares fell after the company reported a lower net interest margin and tightened underwriting criteria for unsecured loans. We see these impacts as temporary and tied to the company’s growth. The margin contraction was largely driven by rapid deposit growth in Mexico and Colombia, an intentional part of Nu’s client acquisition strategy. The tighter underwriting standards are a necessary part of the ongoing process of adjusting lending criteria to new clients. We remain confident in Nu’s growth prospects as the company is addressing key pain points faced by banking customers across the region, including high fees, poor customer service, and limited access to financial products. We believe its superior product offering will lead to continued share gains in the large and growing Latin American market.”
6. Waste Management Inc (NYSE:WM)
Number of Hedge Funds Investors: 54
A caller recently asked Jim Cramer about Waste Management Inc (NYSE:WM) during the Lightning Round segment of his program on CNBC. Here is what Cramer said in response:
“You know, I sold that for the charitable trust after making a huge gain, and I left 100 points on the table. That company is fantastic. They got some golf thing I’m trying to get through to. People tell me it’s fantastic.”
Parnassus Core Equity Fund stated the following regarding Waste Management, Inc. (NYSE:WM) in its Q3 2024 investor letter:
“Waste Management, Inc. (NYSE:WM) announced second-quarter revenue and earnings that fell just short of analyst expectations, weighing on the stock. However, company management reiterated their optimistic full-year guidance for adjusted operating EBITDA (earnings before interest, taxes, depreciation and amortization) and free cash flow.”
5. Verizon Communications Inc (NYSE:VZ)
Number of Hedge Funds Investors: 57
A caller recently asked Jim Cramer about Verizon Communications Inc (NYSE:VZ) during a program on CNBC, saying he owns some shares in the company.
“I want you to keep that position small because it’s terrible. Sorry, it’s true. I took a picture of a Verizon store last night and posted it on X. Verizon is not the stock it used to be. AT&T is the stock it used to be, but Verizon’s not. Verizon switched with AT&T. It’s like a man with two brains, and now he has one brain. The brain you want is AT&T, not Verizon.”
Third Point Management stated the following regarding Verizon Communications Inc. (NYSE:VZ) in its Q3 2024 investor letter:
“While some economic activity has been showing signs of slowing, the defensive composition of the current high yield market with a high mix of higher quality credit and short duration has let the rates tailwind overwhelm such concerns. The lowest quality sectors of the market have performed best, fueled by both soft/no landing expectations, as well as two positive events in the beleaguered telecom space. Telecom/cable have been poor performers year to date due to overhang from the growth of FWA (aka “wireless cable”) and increased fiber building, however the sector re-rated materially on two deals. Second, Verizon Communications Inc. (NYSE:VZ) announced a deal to acquire Frontier Communications (FYBR), a transaction which the fund benefited from by virtue of its investment in FYBR debt. This transaction, aimed at increasing’s VZ fiber footprint, has led to broad revaluation of fiber retail networks that we think is appropriate. While we continue to expect to see FWA rapidly erode non-upgraded cable and especially copper’s share of the low-end broadband market, the VZ deal underscores the value of the higher end footprint.”
