Jim Cramer Discussed These 11 Stocks & Erratic Stock Market Performance

7. Howard Hughes Holdings Inc. (NYSE:HHH)

Number of Hedge Fund Holders In Q3 2024: 39

Howard Hughes Holdings Inc. (NYSE:HHH) is a real estate developer that operates in the commercial, residential, restaurant, and other industries. As real estate stocks depend on interest rates, the fact that its shares are flat over the year is unsurprising. Howard Hughes Holdings Inc. (NYSE:HHH)’s stock is down by 3.9% year-to-date after an 8.9% dip in February which came after Bill Ackman’s Pershing Square submitted a bid for the firm as part of its plan to transform itself into a Berkshire Hathaway-like entity. Here’s what Cramer said about Ackman’s moves:

“Yeah I mean like, I think that Ackman, look, this Howard Hughes situation, he’s been on many, many times saying he liked it. I find that Bill Ackman is in the Ackman world. I mean he’s got this huge, there’s nothing I should say. If I say it’s great, then I’ve done, I’m okay. If I say it’s weird, then I’m not okay. I’m not saying that he controls the media, I’m just saying it’s a company he wants to control very badly, he wants to make it his Berkshire Hathaway. And I wish him luck. He should make it his Berkshire Hathaway, why shouldn’t we all have a Berkshire Hathway. Hey listen if you’re an oligarch you should have everything that you want!”