Jim Cramer is Bullish on These 5 Stocks

2. Charles Schwab Corporation Common Stock (NYSE:SCHW)

Number of Hedge Fund Investors: 77

In a latest program, Jim Cramer received a call asking him about his thoughts on Robinhood. Cramer recommended against buying the stock since he believes Robinhood has a lot of exposure to options traders and Bitcoin traders. Cramer instead recommended the caller to buy Charles Schwab Corporation Common Stock (NYSE:SCHW).

“I suggest you go buy Schwab.”

Insider Monkey’s database of 910 hedge funds shows that 77 hedge funds had stakes in Charles Schwab Corporation Common Stock (NYSE:SCHW) as of the end of the third quarter. The most notable hedge fund stakeholder of Charles Schwab Corporation Common Stock (NYSE:SCHW) during this period was Natixis Global Asset Management’s Harris Associates which owns a $1 billion stake in Charles Schwab Corporation Common Stock (NYSE:SCHW).