Jim Cramer Discusses These 9 Stocks, AI GPUs & DeepSeek’s Impact On AI Market

6. Prologis, Inc. (NYSE:PLD)

Number of Hedge Fund Holders In Q3 2024: 49

Prologis, Inc. (NYSE:PLD) is an industrial real estate firm that operates primarily in the warehousing and logistics industries. As a result, its business depends on robust performance on a broader economic front. Prologis, Inc. (NYSE:PLD)’s shares are down by 3.74% over the past twelve months, and the performance would have been worse if not for a 17.6% gain since January 10th. The shares are rising because of a strong Q4 earnings report which saw Prologis, Inc. (NYSE:PLD)’s funds from operations (FFO) of $1.50 beat analyst estimates of $1.30. The firm has also seen positive analyst coverage, with analysts from Baird and UBS raising their share price targets. Here’s what Cramer said about Prologis, Inc. (NYSE:PLD):

“We’re not talking enough about Prologis, the largest warehouse company which caught a bottom last week. A bottom in one of the industries that we were so down about, which is warehouse. Now we’re just focused on data center on how weak they have to be. . . “