13 Stocks Jim Cramer Recently Talked About

7. Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Number of Hedge Fund Holders: 32

When a caller asked about Booz Allen Hamilton Holding Corporation (NYSE:BAH), Cramer said:

“I think that there are a lot of people fleeing this stock because of DOGE and I think that they think that this is somehow going to be front and center to the problem. I don’t think that’s the case. I think it’s gonna be the, the big military contractors that they’re really gonna go after. I’m, I’m with you on this one.”

Booz Allen Hamilton (NYSE:BAH) provides consulting services in areas like AI, machine learning, data science, cyber services, and digital solutions to help improve business and mission outcomes.

Polen Capital stated the following regarding Booz Allen Hamilton Holding Corporation (NYSE:BAH) in its Q4 2024 investor letter:

“The most significant detractors from relative performance in the quarter were Booz Allen Hamilton Holding Corporation (NYSE:BAH), TopBuild, and Hamilton Lane. Booz Allen Hamilton faced pressure during the period, not due to fundamental business weakness but rather concerns surrounding the Trump administration’s proposed Department of Government Efficiency (DOGE). Led by Elon Musk and former Republican presidential candidate Vivek Ramaswamy, DOGE has been mandated to curtail government spending, including payments to government contractors like Booz Allen Hamilton, which derives nearly 100% of its revenues from the U.S. government. While we view these concerns as more noise than reality, we are monitoring developments closely and will react accordingly.”