In this article, we will take a look at 23 stocks that Jim Cramer discussed 12 months ago during his show on March 25, 2024, and examine whether he was right or wrong about those stocks.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the markets ending another volatile week that ended after a massive $4 trillion selloff on the flagship S&P 500 since the post-election week at the start. He outlined that one of the reasons that the week was tumultuous was that the President was “creating pain” and then saying that he was sorry that there was pain. Cramer described Trump as gratuitous and added that the President’s comments had killed the stock market’s rally.
Cramer added that Trump “took stocks that had been going up and reversed them.” Cramer’s “still trying to figure out where the playbook gets us,” with the playbook being the President’s comments about the economy and the stock market. Following this, co-host Carl Quintanilla asked Cramer his thoughts on rumors that the President was trying to drive the bond market down but the strategy didn’t seem to be working. In response, Cramer shared:
“Well I mean we had that auction yesterday, that didn’t go well. People are kind of so on edge, but it’s not a flight to quality on edge. It’s more of a flight to cash. I mean you know this idea of a flight to quality does include that there’s part of the curve you wanna be on. Now when I was a hedge fund manager, there were these moments where you’d hear flight to quality and that meant that you really wanted to be in 30-day paper. We’re kind of back to that. Because that’s safe. 30-day’s very safe. It’s safe from the President. And, look, I, the President’s interesting. He’s intriguing. But I never really felt that we were in a moment where stocks should go down. When I was close to President Biden, when he would ride the train and I’d see him in Washington. . .I would have the page [inaudible] stock price, he would come over [inaudible] I don’t care about any of those. Well the President does. He wants them lower! He’s creating a sale. I mean I’ve never seen a sale mandated before. No one was thinking that he was going to bend when he did that gratuitous tweet.”
READ ALSO: Was Jim Cramer Right About These 23 Stocks? and Jim Cramer Discusses These 11 Stocks & Says People Don’t Understand Tariffs
He also shared his thoughts on the President’s latest round of tariffs on expensive alcoholic beverages:
“I mean the average person in this country, Republican or Democrat, is struggling to try to figure out what it means to put a big tariff on champagne other than the fact that well hey, there goes champagne. There’s no context. There’s no understanding. There’s no webpage you can go to that allows you to learn. You know you’re on your own, everyone’s on their own trying to figure out what a tariff means. And you know what does a tariff means? Well it means Pernod, Pernod Ricard, more expensive. You know, Campari. I mean people don’t know what these things mean. I’m in the liquor business and I don’t know what it means.”
Methodology
For this article, we compiled a list of 23 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 25, 2024. We then calculated their performance from March 25th, 2024, market close to March 18th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
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).
23. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 342
At the time, the Justice Department and the Federal Trade Commission were going after Amazon, Google and Apple. Cramer was very vocal about this situation. He started by talking about Amazon.com Inc. (NASDAQ:AMZN):
“Amazon takes heat for hurting small businesses. The FTC goes against Amazon.
There are an estimated 167 million Prime members in the US roughly half the country people love Amazon Prime because it cuts prices raises quality and promotes Innovation for consumers and the enterprise. if it didn’t it wouldn’t have any members Amazon’s biggest Rivals Walmart and Target are doing everything they can to catch up and they often succeed but Amazon keeps prices low so it’s hard to beat them. But they compete.
It’s not illegal to beat your competitors. In the end the government doesn’t like Amazon because it’s a $1.9 trillion company that the FTC thinks it’s too big.”
Overall, Amazon.com, Inc. (NASDAQ:AMZN) has risen by 6.28% since that episode.
Recently, he’s been uncertain about the firm since it’s in a quiet period. Here are Cramer’s latest remarks about Amazon.com, Inc. (NASDAQ:AMZN) from the 13th of March:
“[On FTC and AMZN and recent comments by FTC chair] No, that’s was a, that was what’s called a doctrinal issue. Now if you go over what Lina Khan did. What she was saying was that the people who are trying to put up stores, say with Amazon, are being hurt by Amazon. He was saying, that if people who are customers are hurt by Amazon, then we will go after them. It’s a very big difference. One was kind of like, if you went back to law school, really, totally different with the long term FTC doctrine. Which is to help the working person. She point blank said it’s not about the working person. He has reversed it to what the law was. . .he could have very just easily said listen we’re going to stick by the law . . .but instead he just convoluted the message.”
22. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 413
Jim Cramer expressed his frustration over the Justice Department going after Alphabet Inc. (NASDAQ:GOOGL) at the time, saying:
“Look, Google does represent both sides of the trade when it comes to placing ads in some online spaces but so what? They are facing increased competition from Tik Tok, which doesn’t have anything to do with Google, but more importantly – and this is what is so obscene and absurd – they have an existential threat right now from generative AI, which many people think is just going to replace Google search altogether.
I know if I have a specific question now I go to ChatGT or even better I go to Claude. Claude 3 by Anthropic, before I go to Google.
This lawsuit against Google was out of date by the time it was filed because of these threats, it’s kind of embarrassing frankly.”
Alphabet Inc. (NASDAQ:GOOGL) has gained 7.18% since Cramer discussed it on that show.
However, based on his most recent comments from the 11th of March, Cramer didn’t appear so optimistic about the stock, saying:
“Alphabet I think is going to miss the quarter because I no longer think that Google is as effective versus Grok versus ChatGPT.”
21. The Trade Desk, Inc. (NASDAQ:TTD)
Number of Hedge Fund Holders: 63
Jim Cramer talked about how The Trade Desk, Inc. (NASDAQ:TTD) was competing with Google in the advertising space. Here’s what he said back then:
“[talking about the antitrust lawsuit against Google] Besides, if you want to place an ad online, you don’t have to use Google, you can use Trade Desk. They do an amazing job. If you take one look at Trade Desk’s incredible earnings growth and revenue; well, more and more people are just doing just that!”
Cramer’s optimism wasn’t enough, as The Trade Desk, Inc. (NASDAQ:TTD) has fallen by 37.97% since that comment.
On February 21st, Cramer highlighted The Trade Desk, Inc.’s (NASDAQ:TTD) lack of performance over the past few months but mentioned that he still liked the company.
“Okay, yeah… I didn’t like the quarter. Why didn’t I like the quarter? Because Jeff told me that he was, that’s, I’m sorry, Jeff Green, the CEO, in the conference call, he said, look, he’s disappointed in himself and it wasn’t clear how much things have really changed, and whether things are going to get better after one quarter. I think we now have to wait another quarter… I want to see the next quarter. I don’t like to buy after the first big quarter. Maybe there’s a second because it sure didn’t seem like the quarter went out very well and you know, I like the company.”
20. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 167
Apple Inc. (NASDAQ:AAPL) was the final stock that Jim Cramer mentioned due to the Justice Department going after it at the time. Here’s what he said:
“Apple just absolutely gets crushed because it makes such a good phone that it calls a lot of shots to the industry maybe more than it should ostensibly.
The Justice Department also accuses Apple of having 65% market share in American smartphones by Revenue even though it’s less than 48% if you go by units which frankly it’s really the only relevant metric.
They make a great phone, better than everyone else. Never knew that was a crime! They had 34 million registered developers working for them, that doesn’t seem like a suppressed group.
In fact it’s so good that it’s one of the few real bargains left in life, especially when you remember that the iPhone is a product many of us can’t live without. In other words, we love our Apple. It has the highest satisfaction rate of any company on Earth!”
Apple Inc. (NASDAQ:AAPL) has performed strongly, increasing by 24.49% since that episode.
Here’s what the Mad Money host said about the stock on the 14th of March:
“I mean Apple had already been going down but that’s now a given. […]
On I mean yesterday, in my, I hate to keep alluding to my call, but I said listen the stock’s going lower. And I know that for people who know that I always say own Apple don’t trade it. It was kind of revelatory. But I’ve been saying this for now three weeks that the stock’s going lower. When the stock was at 238. And the reason was it shouldn’t have been at 36 times earnings. It was the only one of the fabled seven that was hanging on there. Now I think Wall Street’s making too much of this, the artificial intelligence. That’s not why people a phone. They buy a phone because they want the phone. And then you can always download, you can get all the, you’ll get the software. I just think Wall Street has turned on the stock. Bears have control of the narrative. They got joined by Morgan Stanley which did matter cause that’s been a long time bull house. But I think that let it come in, I have concern obviously about tariffs. But where is the idea that this has been one of the greatest performing stocks of all time? Where is the idea that this stock would have made you millionaires many times over had you just tuned out the noise? So me, I’m tuning out the noise. I’m tuning out the noise. I’ve been recommending the stock since five. And I’ve, you could have swapped in and swapped out of this a million times. And I’m not playing that game. Unlike Treasury Secretary Bessent, I’m not a hedge fund guy. I’m not. […]
[On whether he considered the stock the most offensive of the Mag 7] No. No. Not until it gets at 26 times earnings. I’m comfortable at 26 times earnings.”
19. Tesla Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 126
When asked by a caller of the show whether Tesla Inc. (NASDAQ:TSLA) can turn its fortune around, Cramer replied with:
“I think he (Elon Musk) can turn it around. […] They got a new iteration coming, I think that’s going to help. Let’s not give up on Tesla down here.”
Tesla Inc. (NASDAQ:TSLA) has had a strong run, climbing 29.76% since Cramer’s remarks.
More recently, Tesla Inc. (NASDAQ:TSLA) has been declining rapidly due to some controversies surrounding its CEO, Elon Musk. Here’s what Jim Cramer said about it on the 13th of March:
“Okay, now here’s the thing you need to know, it doesn’t matter where you bought something, it matters where it’s going to. The stock’s been cut in half, it seems like a bad stock. It’s going to now turn a narrative to being about humanoids and being about self, hands driving. So you’re fine with that. I also like Uber. Six or a half dozen for me, frankly. That’s how much I like both of them.”
18. NextEra Energy, Inc. (NYSE:NEE)
Number of Hedge Fund Holders: 100
A caller asked Cramer about NextEra Energy, Inc. (NYSE:NEE), to which he gave a straight-forward re-affirming answer:
“It’s a growth utility, I like NextEra, you got a good one.”
NextEra Energy, Inc. (NYSE:NEE) has risen by 13.07% since Cramer gave his positive outlook.
Jim Cramer’s latest thoughts on the stock came on February 6th, reiterating that he still liked the stock:
“I like them. I think it’s good. I think it’s a growth utility. I wish it had a little bit better yield, but that’s because the stock has moved so much. I think you’ve got a good one.”
17. Dell Technologies Inc. (NYSE:DELL)
Number of Hedge Fund Holders: 63
Jim Cramer mentioned Dell Technologies Inc. (NYSE:DELL) as one of the companies that had a lot of benefits to gain from its partnership with Nvidia at the time. He said:
“Jensen regards Dell as a crucial partner when it comes to installing Nvidia systems everywhere. […] I didn’t know they were so close until Dell’s most recent completely blowout quarter. I think Dell’s got more room to run.”
Cramer’s thesis didn’t pan out, with Dell Technologies Inc. (NYSE:DELL) dropping by 14.69% since the episode aired.
On the 14th of March, Jim Cramer mentioned some reasons behind the unimpressive stock performance of Dell Technologies Inc (NYSE:DELL).
“Dell Technologies, the iconic maker of personal computers, servers, and storage equipment that I’ve liked for a very long time, has gone from one of the big winners of the AI infrastructure story to a name that just can’t seem to catch a bid, as investors have turned against anything AI-related. Dell servers are the way that many enterprise customers actually get access to NVIDIA’s fancy chips, and their storage products are used in many AI infrastructure stacks. On top of the hardware, the company has a consulting business that basically tells customers what they need as they build out their AI infrastructure. That’s why the stock rallied 90% in 2023 and more than doubled in the first five months of last year, charging all the way up to 180 in last May. Those were house-young times. Since then, though, the stock of this amazing company has been acting terribly. It’s essentially been cut in half, falling back to the low 90s today. Now, initially, there was a period of choppy trading last summer, and after a couple of mixed quarters, well, you know what? That’s what happened. When I covered the stock last September at 110, I told you it was still worth owning. Sure enough, the stock then rebounded to $147 and change in late November. Since then, though, the stock’s really rolled over again, and it’s been trading—well, let’s say it’s been trending lower, how about that? Some of it has to do with the belief that no one’s going to make any money off of AI except Nvidia.”
16. Johnson & Johnson (NYSE:JNJ)
Number of Hedge Fund Holders: 98
While mentioning different companies that were partnering up with Nvidia at the time, Johnson & Johnson (NYSE:JNJ) was one of them:
“J&J came up many times with its operating room of the future, but if you buy that one, you’re playing litigation roulette.”
Johnson & Johnson (NYSE:JNJ) has increased by 5.82% since Cramer mentioned it.
Here’s what Jim Cramer said about the stock on the 14th of March:
“J&J has risen significantly and is at a critical point where it could either break out or be rejected. These three companies have been artificially inflated by a program that shifted from high-performing stocks to these companies, including J&J, which has had suboptimal performance. J&J needs to return to the 160 level. These companies are not performing well enough to justify their rallies, which have been driven by traders who seem to execute trades without proper strategy. Had the orders been managed differently, this action would not have occurred.”
15. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holders: 110
Cramer shared his bullish stance on ServiceNow, Inc. (NYSE:NOW) at the time, emphasizing its close partnership with Nvidia:
“ServiceNow gets kudos for working with Nvidia on workflow, they’re the go-to partner for all sorts of office productivity tools and methods. If you want to see what Nvidia tech can do for your company’s workflow, you call Service Now; not Nvidia. I’m a big believer in CEO Bill McDermott.”
ServiceNow, Inc. (NYSE:NOW) has gained 7.15% since Cramer highlighted it.
Cramer commented on the stock on the 11th of March:
“ServiceNow is the one to watch by the way, it’s holding it.”
14. Ansys, Inc. (NASDAQ:ANSS)
Number of Hedge Fund Holders: 74
Cramer spoke about Ansys, Inc. (NASDAQ:ANSS) in that older episode, calling attention to its pending acquisition by Synopsys and strong fundamentals:
“Ansys is a terrific outfit outside of Pittsburgh that reminds me of a lot of Autodesk. Ansys is being acquired by its longtime software and design partner Synopsis. When that deal closes next year I think it’s going to become the one to watch.”
The acquisition is yet to be closed and Ansys, Inc. (NASDAQ:ANSS) stock has fallen by 7% ever since.
13. Cadence Design Systems, Inc. (NASDAQ:CDNS)
Number of Hedge Fund Holders: 59
In that older episode, Cramer highlighted Cadence Design Systems, Inc. (NASDAQ:CDNS) as a key Nvidia partner with a solid track record:
“Cadence has a long and multifaceted relationship with Nvidia… both stocks have been unbelievable performers.”
However, Cadence Design Systems, Inc. (NASDAQ:CDNS) has dropped by 19.70% since Cramer discussed it.
Cramer commented on Cadence Design Systems, Inc. (NASDAQ:CDNS) stock’s recent weakness on the 24th of February, saying:
“Finally, the eighth largest decline during the final three days of the last week was Cadence Design Systems. Wow, good company, software play that helps tech companies design semiconductors and electronics, including Nvidia. Cadence fell 14% during the three-day period. We were looking at it mostly on Wednesday after the current report, a solid quarter with conservative guidance. But the stock kept falling at the end of the week as more concerns about overbuilding for AI infrastructure emerged. Cadence is a, is fully a part of that theme.
So it continued to get hit, with the stock not, not far from the 52-week low now. It might actually be worth thinking about buying on weakness. Candidly, this weakness for Cadence could carry over to Nvidia when it reports on Wednesday. I’m just trying to keep you up on a stock that you may own.”
12. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders: 107
When Cramer was asked about Oracle Corporation (NYSE:ORCL) at the time, he commented on the company’s recent performance and AI-driven initiatives, stating:
“Oracle is trying to build as many data centers with the latest and greatest from Nvidia as they can. […] The Oracle quarter was very good… I think it can go higher.”
Oracle Corporation (NYSE:ORCL) has indeed been doing great, appreciating by 18.65% since then.
Jim Cramer remained upbeat when he talked about the stock again on March 11th, saying:
“I don’t understand why people didn’t listen to Safra Katz and to Larry Ellison. Happens to have his own island. I’ve been there. . .the guy’s got game. It was a good, it was the best [inaudible] I’ve heard from a tech company. Go listen to the call and stop being so negative!
Okay Oracle’s down eight. Look I get that. They missed the numbers but they have a hundred and thirty billion in backlog. 15% increase in overall rev. Now they’ve got the remaining performance obligations are just a hundred and thirty billion! I happen to, and I know the analyst cut, but they are part of the zeitgeist. I happen to respect Larry Ellison a great deal. I wish it were, I wish there was a similar respect. It’s an unrequited lover there. But not with Safra! And I think that Safra Katz made a really good case about how next year’s gonna be just blowout. Maybe even the second half. They got more than a hundred data centers. I wish people would listen to their call rather than watch the headlines.
They want hundreds of data centers at Oracle because they want to capture things.”
11. Reddit Inc. (NYSE:RDDT)
Number of Hedge Fund Holders: 87
Talking about the great run that Reddit Inc. (NYSE:RDDT) had following its much anticipated IPO at the time, Cramer said:
“You probably heard about the Reddit IPO which instantly soared from $34 to $50 when it debuted last week. Then it shot up by about 30% today, it’s closing just under $60 bucks now. Look, I’m not as interested in this one given that Reddit is a 19-year-old company that it’s both unprofitable and cash flow negative but it has had a monster run.”
Reddit Inc. (NYSE:RDDT) has skyrocketed by 84.11% since Cramer mentioned the IPO.
His latest comments surrounded the negative investor sentiment around technology stocks on the 11th of March. Here’s what he said:
“We do wanna watch Reddit, big company. . .Because these have to bounce. If they bounce. . .”
10. Astera Labs, Inc. (NASDAQ:ALAB)
Number of Hedge Fund Holders: 51
On the topic of hot IPOs, Jim Cramer gave his comprehensive input on Astera Labs, Inc. (NASDAQ:ALAB) at the time:
“Astera Labs which makes connectivity hardware for data centers; exactly what you need for the fastest Cloud setup. And thanks to the AI connection this one came in hot! Astera Labs priced its IPO at $36 per share, way above the initial proposed range. Then the stock opened at 52 bucks last Wednesday. If you got into on this deal you instantly made a 46% gain and it didn’t stop there. The stock’s been gaining ground every day, climbing another $15 to $85 today, that’s a 21%. […] But I do hate to see it because it tells me that the stock’s probably already overheated. […] Long story short as stars clearly position your as a new way to play the AI theme, they even namedropped Nvidia in the prospectus, though it’s unclear what their exact relationship is. Astera Labs says that it’s one of the hardware companies that’s going to benefit as we rebuild data centers all across the world for the more advanced computing needs to be in the AR era. That’s true to be fair they’re probably right. But even if you take Astera’s claims in face value, I still take issue with valuation because this thing exploded right out of the gate it’s going too high.
When you dig deeper into the financials it’s hard to justify paying up too much for this one. The best thing I can say about Astera’s numbers is they’ve got good sales growth up 45% last year. But man, when you look at that rough share count this is now valued as a 13 billion dollar company; that’s well over a hundred times last year’s sales.
Bottom line, well, Astera Labs has a good story and it is good I think it’d be worth owning at some price but I think it’s way too expensive at this price.”
Astera Labs, Inc. (NASDAQ:ALAB) has fallen by 18.82% since Cramer commented on its IPO valuation.
On the 27th of August, Cramer was wary of Astera Labs Inc. (NASDAQ:ALAB)’s initial 72% surge and advised caution, as it seemed overpriced.
“The ninth-largest deal of the year is Astera Labs, which makes connectivity solutions for AI and cloud infrastructure—nice buzzwords there, but it sounds enticing. I didn’t like that it spiked 72% right out the gate—I told you so a few days later—just seemed way too expensive.”
9. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 161
Talking about Astera Lab’s hot IPO, Jim Cramer also mentioned the company’s direct competitor, Broadcom Inc. (NASDAQ:AVGO) and how he found the company’s valuation attractive at the time:
“When you consider what Astera Labs actually does, offering chips and software for connectivity solutions which can be customized for customer specific needs, the best comparison is Broadcom. This one’s had a great run, up 112% over the past 12 months but it still sells for just just 23 times next year’s earnings estimate and it even pays you a modest dividend. […] Why pay through the nose for Astera when you can own Broadcom, something very similar, for much, much cheaper.”
Cramer’s outlook was spot on, as Broadcom Inc. (NASDAQ:AVGO) has surged by 39.59% since the time of that episode.
More recently however, on March 11th, Jim Cramer sounded a bit worried about Broadcom (NASDAQ:AVGO), reflecting on the price reaction of the stock following its most recent earnings, saying:
“This is almost a trillion-dollar company, Broadcom, the semiconductor company, it’s on the verge of being right there, like you know, Mag 8 or whatever you want to call it. It reported an amazing quarter just last Thursday. Yet its stock had barely gotten any credit, it came back hard today, rallied as much as ten points and then giving back five. But that’s still a very good sign.”
8. MongoDB, Inc. (NASDAQ:MDB)
Number of Hedge Fund Holders: 70
A caller asked about MongoDB, Inc. (NASDAQ:MDB) and Cramer acknowledged the stock’s struggles at the time:
“This one has really confounded people, it’s confounded people because the growth did slow. I think we have to get-. You know, what can I say, I can’t tell you to sell it here it’s it’s just down so much from its high but that was not the quarter I was looking for I got to be honest, it just wasn’t.”
MongoDB, Inc. (NASDAQ:MDB) has plummeted by 46.63% since Cramer gave his assessment.
On the 4th of February this year, Jim Cramer had this to say about the stock:
“Oh yeah, I… will say this… You’d be catching it at the right time. I think the analysts are all starting to upgrade the, the enterprise software again. I think it’s worth a stab, I really do. But it’s a trade, it’s not an investment.”
7. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 164
A caller asked Jim Cramer about his thoughts on Salesforce, Inc. (NYSE:CRM) back then, to which he replied with:
“I think Salesforce will trade higher when they report at the end of May because it’s not as expensive as some others in its cohort.”
Salesforce, Inc. (NYSE:CRM) has decreased by 8.93% since Cramer’s remarks.
On February 27th, Jim Cramer shared his continued optimism on the company and gave his input on its financials:
“Look, Marc is, what he’s saying basically is look, the future is going to be, this [inaudible] of Agentforce. I mean stop thinking so small. Stop thinking about what would happen without Agentforce. I mean he did talk about Stuart Miller from Lennar. And what Lennar was doing with it and how they’re moving people who are kind of doing skunk work into more important things. And that’s, that’s what happening. But it’s not easily understood. I think that the use cases are going to come again and again. You know what was really the most interesting, and I don’t mean to rain on the Agentforce parade, but, they’re working very closely on a healthcare vertical. Uh that goes against Veeva. Which does healthcare tests. They do contract research, they make . .and they got Pfizer. Which is the single biggest account out there. They got Pfizer. And lost in the shuffle of Agentforce, I mention it only because Agentforce is such a big deal and Mark, I had to bring up Pfizer.
On a large gap between CRM’s GAAP and non-GAAP earnings “I’d focus on gross margins. But gross margins used to be in the twenties, now they’re in the thirties. Why is that? Because of your friends at the hedge funds who pressured him. Right and they pressured him to higher gross margins. He did something, you know, memo to people who hate the activists. The activists came and he said you know you guys are brilliant. And the he proceeded to overwhelm them with phone calls, [they] finally said okay whatever you want, Marc. We’re tired. We’re tired of you doing exactly what we said you to do.
It was down sixteen at one point, then it was at three o eight one point. I said, there are heat seeking missiles that will drive it back down. It’ll go down another five, eight. But I think that Mark’s thinking about something bigger. There’s ten more, there’s two more Mathew McConaughey commercials coming for those who like those. And they have brought a lot of business according to Marc.”
6. Energy Transfer LP (NYSE:ET)
Number of Hedge Fund Holders: 37
During the lightning round, a caller asked Cramer about his opinion on Energy Transfer LP (NYSE:ET) at the time. Here’s what he said:
“I like it, ET, I think it’s a very good company… it still yields 8%.”
Energy Transfer LP (NYSE:ET) has gained 21.21% since that lightning round mention.
On the 24th of February, Jim Cramer recommended investors to buy Energy Transfer LP (NYSE:ET) stock.
“Yes, ET is smart. I mean, look, this is how you buy ET. You know, this is a pipeline company. You buy it by the percentage yield. So, it’s got a 7% yield now. You buy some at 8, you buy some at 9. That’s how you buy these stocks. And I’m going to keep stressing that—this is the way to do it.”
5. KKR & Co. Inc. (NYSE:KKR)
Number of Hedge Fund Holders: 86
Cramer gave his take on KKR & Co. Inc. (NYSE:KKR) back then, drawing on his long-term familiarity with the firm and its track record:
“They’re very good at what they do, I’ve known them for 40 years they’re just really good. Stock’s had a big run now uh and so is Blackstone but they’re very good and that’s I think they can make more money than they have.”
KKR & Co. Inc. (NYSE:KKR) has risen by 13.04% since Cramer’s commentary.
On January 13th, Cramer said that he would be a buyer of KKR & Co. Inc. (NYSE:KKR) as he commented:
“I am gonna say that I like the stock very much and I think those guys are so smart. I would be a buyer… At one point it was down really big today. That made no sense to me whatsoever.”
4. Becton, Dickinson and Company (NYSE:BDX)
Number of Hedge Fund Holders: 59
Cramer provided a clear opinion on Becton, Dickinson and Company (NYSE:BDX) at the time, pointing out the stock’s decline and value opportunity:
“The stock has been getting crushed! It’s really inexpensive now I think it’s a buy. You know we had Tom Polen on I think he told a pretty good story but nobody likes it it’s been flat now for months I think it’s a time to buy the stock.”
Becton, Dickinson and Company (NYSE:BDX) has declined by 3.73% since Cramer’s buy recommendation.
3. Samsara Inc. (NYSE:IOT)
Number of Hedge Fund Holders: 40
Cramer was notably bullish on Samsara Inc. (NYSE:IOT) in that older episode, highlighting its momentum and unique business model:
“Oh my God this is the hottest stock and it’s going to make money too and it’s really good and I do agree. This is a Dev Op shop okay when you can develop a platform that develops hardware software platforms, I mean it’s a hardware software platform. People love these kinds of stocks they can’t live without them.”
Samsara Inc. (NYSE:IOT) has been mostly flat ever since. It slipped by 1.12% over the past 12 months.
2. Rio Tinto Group (NYSE:RIO)
Number of Hedge Fund Holders: 39
Cramer gave a positive view on Rio Tinto Group (NYSE:RIO) back then, framing it as a strong opportunity in the commodities space:
“I think it’s a great company to buy here; a mineral company. I think it’s a terrific idea. I was looking at it myself as something to buy after copper has moved up so much that’s a really good idea.”
Rio Tinto Group (NYSE:RIO) has also been mostly flat. It has moved up by 1.15% since Cramer’s comments.
Upon being asked about Rio Tinto Group (NYSE:RIO) in January this year, Cramer said:
“Rio Tinto is really a play on the Chinese economy and I think the Chinese economy is *glass breaking buzzer sound*.”
1. Coherent Corp. (NYSE:COHR)
Number of Hedge Fund Holders: 37
Cramer weighed in on Coherent Corp. (NYSE:COHR) during that episode, noting its strong fundamentals and near-term upside potential:
“A lot of lasers, a lot of optics, a lot of good stuff, going to make money this year. I would buy some here and wait for it to come down.”
Coherent Corp. (NYSE:COHR) has advanced by 5.25% since that episode aired.
While we acknowledge the potential of COHR 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 time frame. If you are looking for an AI stock that is more promising than COHR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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