Jim Cramer Discusses These 9 Stocks & US AI GPU Advantages

6. FMC Corporation (NYSE:FMC)

Number of Hedge Fund Holders In Q3 2024: 41

FMC Corporation (NYSE:FMC) is an agricultural inputs company that sells insecticides, herbicides, and other associated products. Its shares closed 2024 22% lower as the firm struggled from a weak agricultural market beset with inventory problems. FMC Corporation (NYSE:FMC)’s shares were dealt a hefty blow in February when they dropped by a stunning 33% in one day following the firm’s fourth-quarter earnings. The results saw the firm’s midpoint 2025 earnings guidance of $3.48 miss analyst estimates of $4.36 by a wide margin. Here’s what Cramer said as FMC Corporation (NYSE:FMC)’s shares were falling:

“There’s a company called FMC. And that’s an agricultural company. It’s an old food machinery company, it’s based in Philadelphia. And the stock is down 35% today because they have inventory problems. Too much of the crop chemicals used for . . . corn, potatoes, and sorghum. I just remind that there certain industries that are in this economy that are seemed to just, I don’t know we have to stay close to ag[riculture]. That’s a very very bad number. And I’m kind of shocked because it’s a pretty reliable company. But the ag business maybe not as great as we think judging from the fact that they have a lot of insecticides, herbicides. So, stay close to ag.”