We recently published a list of Did Jim Cramer Nail or Miss These 14 Stocks? In this article, we are going to take a look at where 3M Company (NYSE:MMM) stands against other stocks that Jim Cramer discusses.
During the most recent episode of Mad Money, Jim Cramer described the current stock market as a “short sellers paradise,” offering an ideal moment for those betting against U.S. stocks. He pointed to an important deadline approaching: April 2nd when major tariffs are set to take effect.
“We have a tariff deadline, beckoning a frightening deadline, actually April 2nd when the big tariffs are going to kick in, that means we’re headed for a moment of maximum fear as regular stock buyers either flee to the sidelines or move the money to Europe.”
READ ALSO: Was Jim Cramer Right About These 23 Stocks?
Cramer emphasized that he does not see how the White House could back down from its stance, suggesting that if the administration wants to maintain credibility, it has no choice but to move forward with the tariffs. He explained that for President Trump, showing resolve by sticking to his promises is a signal of strength, even if it means sacrificing the stock market in the process. Cramer believes that this willingness to endure short-term market pain in favor of long-term trade objectives is a clear sign that the White House is committed to its strategy. He went on to say:
“For years, we’ve been conditioned to believe that everyone must do their part to get prices down because we don’t want inflation to get out of control. Unfortunately, someone isn’t doing it.”
The rising costs brought on by tariffs are forcing the Federal Reserve to pay more attention to inflation, complicating the financial space. Cramer remarked that this creates a difficult situation for money managers who now feel compelled to sell due to the economic uncertainty stirred up by Washington. Wall Street, he added, is already adjusting its estimates, factoring in the potential long-term impact of tariffs.
“But what happens in this market after the tariffs are implemented? Maybe another month of wrangling, maybe two months, maybe the whole summer. It could be real bad. So we end up with this build-in negative that could sink 10 ships.”
Methodology
For this article, we compiled a list of 14 stocks that were discussed by Jim Cramer during the episode of Mad Money on April 1, 2024. We then calculated their performance from April 1st, 2024, market close to March 24th, 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).
A specialized industrial laboratory, filled with high-tech machinery for producing abrasives.
3M Company (NYSE:MMM)
Number of Hedge Fund Holders: 79
3M Company (NYSE:MMM) is a diversified industrial giant known for products ranging from adhesives to healthcare solutions. In that older episode, Cramer saw improving prospects for 3M, mostly due to its spinoff and change in leadership:
“This spin-off of Solventum is part of a broader simplification and cleanup effort by the outgoing CEO Mike Roman […] Clearly, Wall Street likes that 3M is bringing in a new leader. […] Right now, I feel better about this company’s prospects than I have in so many years. I sure wouldn’t stand in your way if you wanted to start buying some of this stock. I know it’s still risky, but it hasn’t been this attractive in years. Buy, buy you heard it, buy.”
3M Company (NYSE:MMM) has surged 62.93% since that episode, strongly supporting Cramer’s call that the stock was attractive at the time.
Here are Jim Cramer’s latest remarks on the stock as of the 10th of February:
“Can you imagine if my father had bought shares in a nice dividend stock for me, 3M, rather than national video… In retrospect, I learned the most about stocks from two 3M board games. Yes, they used to have board games. Those board games were called Acquire and Stocks & Bonds.”
Overall, MMM ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MMM 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 MMM 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.
Disclosure: None. This article is originally published at Insider Monkey.
