Did Jim Cramer Nail or Miss These 14 Stocks?

9. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 103

The Boeing Company (NYSE:BA) is a leading aerospace and defence corporation, manufacturing commercial jets and military aircraft. Cramer appeared bearish on Boeing as the stock was the worst performer within the Dow at the time:

“Everybody on Earth knows this thing is a dog because it gets so much well-earned bad publicity. […] Only by acquiring Spirit AeroSystems for $5 billion, $1 billion above where its trading, can this company sway the regulators, who haven’t been appeased, even with the resignation of the CEO Dave Calhoun. […] This one might be a long-term renter on the poorly performing list.”

The Boeing Company (NYSE:BA) is down 4.54% since that episode. Although the stock was able to bounce back in recent months, Cramer’s latest comments came on the 11^th of March, where he highlighted his concerns about President Trump’s tariffs:

“If this 50% tariff gets implemented, it’s going to get passed on to you. Cars, trucks, planes will all get more expensive because we have no choice. We can’t get enough aluminum from anywhere else; it doesn’t work. So prices must go up for the vehicles of every major auto company, including the one you buy. And how would Boeing, which builds planes mostly out of aluminum, handle it? I have no idea. 70-80% of their planes are aluminum-based.”