Jim Cramer Discusses These 12 Stocks & Says Mag 7 Stocks Are A Thing Of The Past

10. Southwest Airlines Co. (NYSE:LUV)

Number of Hedge Fund Holders In Q4 2024: 34

Southwest Airlines Co. (NYSE:LUV) is one of the largest airlines in America. The firm spent 2024 aiming to drive its revenue per customer and fleet optimization. Cramer’s previous remarks have focused on activist Elliot Management’s role in the company and cited faith in Elliot. Southwest Airlines Co. (NYSE:LUV)’s shares jumped by 8% while the market underwent a selloff. The stock rose after the firm made leeway with its strategy and announced that it would charge baggage fees. Cramer was impressed:

“They’ve figured it out. They have to start making more money than everybody else. Thank you. They changed the board. They changed the executive structure. And I think they realize, you know what, we gotta play the game. That’s the old days. People are making too much money on baggage we got to do it.”