Jim Cramer Discussed These 12 Stocks & Elon Musk Vs Sam Altman

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4. American Airlines Group Inc. (NASDAQ:AAL)

Number of Hedge Fund Holders In Q3 2024: 41

American Airlines Group Inc. (NASDAQ:AAL) is one of the largest airlines in America. It has a domestic and a global presence. Its stock faced ‘turbulence’ in 2024 when the shares dropped by 15% in May after American Airlines Group Inc. (NASDAQ:AAL)’s Q2 unit revenue drop guidance was lowered to a midpoint of 5.5% from an earlier 2%. Investors were spooked as the cut came at a time when the industry was expected to benefit from growing holiday travel. However, American Airlines Group Inc. (NASDAQ:AAL)’s shares surged by 16% in December after it signed an exclusive credit card partnership with Citi. Cramer’s comments revolved around a 9% share price drop in January after American Airlines Group Inc. (NASDAQ:AAL) Q1 2025 midpoint loss per share forecast of 30 cents missed analyst estimates of 4 cents by a mile:

“But because they had a labor contract. How could these analysts not know that. Giant labor contract. And it was like this this plan is a nose [in] your face and they didn’t know it David. The analysts are the fault of these, the fault is in themselves, not the stars.”

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