10 Stocks on Jim Cramer’s Radar Recently

3. CME Group Inc. (NASDAQ:CME)

Number of Hedge Fund Holders: 73

When a caller pointed out the 2% gain in CME Group Inc. (NASDAQ:CME) stock on Thursday, here’s what Cramer had to say:

“Totally terrific stock. I’m going to throw in ICE. That’s exactly where you have to be. That’s fintech without credit risk.”

CME Group (NASDAQ:CME) operates markets for trading futures and options contracts on a variety of products, including interest rates, equity indexes, commodities, and metals. The company also provides clearing services, trade processing, risk mitigation, and market data services.

Parnassus Investments stated the following regarding CME Group Inc. (NASDAQ:CME) in its Q4 2024 investor letter:

“CME Group Inc. (NASDAQ:CME), a leading global derivatives marketplace, advanced for the year but trailed the broader market’s gains. Elevated market volatility drove higher trading volumes across asset classes, boosting revenues. However, concerns around competition and decelerating earnings growth weighed on the stock’s valuation. In Financials, we sold CME Group, an operator of futures and derivatives exchanges that faces slowing growth and rising competition. CME Group, a leading operator of futures and derivatives exchanges globally, faces slowing growth and rising competition. We reallocated our investment from CME to Eli Lilly in order to take advantage of the pharmaceutical maker’s greater growth potential.”