Jim Cramer Just Discussed These 13 Stocks

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3. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q3 2024: 99

Tesla, Inc. (NASDAQ:TSLA), as always, is one of the hottest stocks on Wall Street. This is mostly due to the firm’s CEO Elon Musk, whose proximity with the incoming Trump administration has injected fresh life into the stock. While they had gained just 1.22% prior to the November election, since then, Tesla, Inc. (NASDAQ:TSLA)’s stock has added 90.8% to make the year-to-date gain sit at a comfortable 93%. The firm’s narrative is driven by relaxed rules around self-driving technologies as well as potential policies that impact its EV rivals harder than they affect Tesla, Inc. (NASDAQ:TSLA). Cramer is particularly impressed by the firm’s FSD platform:

“. . . .but I also believe that Tesla’s got the best data on Full Self Driving. And Tesla seems very close to President-elect Trump.”

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