Jim Cramer is Recommending These 5 Stocks

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1. Micron Technology Inc (NASDAQ:MU)

Number of Hedge Fund Investors: 90

“Buy, buy, buy!”

This was Jim Cramer’s call on Micron Technology Inc (NASDAQ:MU) when he was asked about the stock earlier this month.

Jim Cramer on December 21 called the bottom on Micron Technology Inc (NASDAQ:MU) shares. Over the past six months the stock has gained about 33%.

As of the end of the third quarter of 2023, 90 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Micron Technology Inc (NASDAQ:MU). The most notable stakeholder of Micron Technology Inc (NASDAQ:MU) during this period was Ken Griffin’s Citadel Investment Group which owns a $552 million stake in Micron Technology Inc (NASDAQ:MU).

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the 11 Best Jim Cramer Stocks To Buy According to Billionaires and the 13 Best Jim Cramer Stocks To Buy Now.

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