8 Stocks on Jim Cramer’s Radar

1. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY)

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LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s (OTC:LVMUY) is a global luxury goods conglomerate offering a wide range of high-end products, including wines, spirits, fashion, perfumes, cosmetics, and more. Cramer mentioned that the company reported a significant decline in 2024 as he said:

“Look, I was praying that LVMH, company represents the best of the best, would tell us they had a terrific wine and spirits quarter… but sadly, that’s not what happened. Last night, LVMH, best of the best, reported a 36% decline in wine and spirits in 2024. That’s a number that must send a shudder through anyone involved in the liquor business. These are practically prohibition numbers.

And keep in mind, LVMH has some amazing brands, Hennessy, Glenmorangie, Château Cheval Blanc, Colgin… Ardbeg, Belvedere vodka. I’m giving them a pass on their high-end champagnes, Dom Pérignon, and Veuve Clicquot because these are holding up, but that’s not enough to support this entire business. Wow.”

While we acknowledge the potential of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LVMUY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.