13 Stocks Jim Cramer Recently Talked About

9. Manhattan Associates, Inc. (NASDAQ:MANH)

Number of Hedge Fund Holders: 27

Cramer highlighted Manhattan Associates, Inc.’s (NASDAQ:MANH) stock decline and said:

“That stock got clubbed. I mean they really crushed it. If there’s insider buying in that, we’re gonna do some homework and find out because wow, I cannot believe how much that thing went down, ugly.”

Manhattan Associates (NASDAQ:MANH) develops and provides software solutions for managing supply chains, inventory, and omnichannel operations, including tools for warehouse management, transportation, order fulfillment, and customer engagement. On January 29, Loop Capital reduced its price target to $275 from $310 but maintained a Buy rating on the stock.

The firm acknowledged that Manhattan Associates (NASDAQ:MANH) Q4 results and guidance were mixed, with foreign currency impacts reducing reported RPO by $33 million and several clients delaying service implementation projects due to macroeconomic concerns, prompting management to lower its 2025 forecast. Despite the drop in share price, Loop Capital views this as a buying opportunity, continuing to see the company as an “exceptional franchise.”