Jim Cramer Focused On These 9 Stocks Recently

2. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 98

Mentioning the sell-off in the market impacting most stocks, Cramer identified Johnson & Johnson (NYSE:JNJ) as one of the exceptions.

“For much of the past few years as the market churned higher, it often felt like you never got a chance to buy the best stocks on weakness. Now you’re getting that opportunity because the selloff has been indiscriminate, really incredibly indiscriminate, taking down the good with the bad, with the exception of Johnson & Johnson, a couple of hospital chains, and utilities.”

Johnson & Johnson (NYSE:JNJ) is a healthcare corporation involved in the research, development, production, and promotion of a wide variety of healthcare products. The next day, on March 11, during an episode of Squawk on the Street, Cramer remarked:

“I have to tell you the one that has to, remember you need to see JNJ down… because that’s where all the money went to. And that was ridiculous. That’s just a program done, again, by incredibly sloppy traders who don’t know how to trade.”