Jim Cramer is Bearish on These 5 Stocks

1. Robinhood Markets, Inc. (NASDAQ:HOOD)

Number of Hedge Fund Holders: 20    

Robinhood Markets, Inc. (NASDAQ:HOOD) is a California-based financial services platform. The shares have slumped by more than 8% in the past few days as the stock lockup period after the IPO expired. Cramer gave the stock a Sell rating during the Lightning round of his show on December 2. 

Deutsche Bank analyst Brian Bedel recently opened up a Sell Catalyst Call on Robinhood Markets, Inc. (NASDAQ:HOOD) stock, terming it a short-term investment idea. The analyst has a Hold rating on the stock with a price target of $32 and said in a recent investor note that the shares may continue to dive in the near-term as a security breach drives away customers. 

At the end of the third quarter of 2021, 20 hedge funds in the database of Insider Monkey held stakes worth $4.6 billion in Robinhood Markets, Inc. (NASDAQ:HOOD).

You can also take a peek at 10 High-Yield Dividend Stocks with Payout Ratio Less than 55% and 10 Stocks to Buy Today According to British Billionaire David Harding.

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