Jim Cramer Discussed These 18 Stocks As Inflation Dropped

16. BlackRock Inc (NYSE:BLK)

Number of Hedge Fund Holders In Q3 2024: 37

BlackRock Inc (NYSE:BLK) is one of the biggest asset management firms in the world. The firm’s shares are off to a mixed start in 2025 as after losing 5.3% in the first two weeks, the shares are up by 5.19% since then. The newfound optimism surrounding BlackRock Inc (NYSE:BLK) has been because of the firm announcing a record $11.6 trillion in assets under management for its fourth quarter to set a new record for the fourth consecutive time. The jump in assets is because of a 21% Q4 profit jump. Here’s what Cramer said about BlackRock Inc (NYSE:BLK):

“By the way, Larry had some very good numbers. That stock’s been a real dog. Stock’s down a hundred points from when they reported last. I am beginning to think that maybe this stock had fallen out of favor. But it turned out just one more example of a level of negativity in the face of what turned out to be very very good numbers. Eleven trillion dollar [inaudible] interview this morning with Andrew. I think that that’s another place to look. Cause the stock is well down from where it was.”