Jim Cramer Likes Coupang (CPNG): “It’s the Amazon of South Korea”

We recently published a list of Jim Cramer Recently Talked About These 15 Stocks. In this article, we are going to take a look at where Coupang, Inc. (NYSE:CPNG) stands against other stocks that Jim Cramer discussed recently.

On Tuesday, Jim Cramer, host of Mad Money, offered his perspective on the day’s market rally as he delved into the impact of the ongoing dynamic between President Donald Trump and Federal Reserve Chair Jerome Powell.

“All day, I heard that today’s rally was just a bear market rally, okay? That it was a phony spike, and the market will go right back down the moment the president posts that there’ll be no compromise on tariffs. Who knows, maybe Fed Chief Jay Powell should be deported.”

READ ALSO: 9 Stocks on Jim Cramer’s Radar and Jim Cramer’s Thoughts on These 5 Stocks.

However, Cramer pointed out that the tone shifted significantly just after the market closed. In his words, “We get incredible news that is sure to drive this market higher.” The news came directly from the President, who clarified that he had no intention of firing Powell, a rumor that Cramer identified as a major factor in the prior day’s market slide. Trump’s statement, “Never did, never will,” regarding any plans to remove Powell effectively erased the cloud of uncertainty that had been hanging over the markets.

Given this reversal, Cramer questioned whether the rally could still be called a bear market bounce. In his view, it now looked like something more substantial. He explained that real recoveries are often mischaracterized at first. According to Cramer, they typically begin with what appear to be bear market rallies, short-lived, suspicious upticks that many investors brush off due to repeated disappointments in the past. He stressed that the early stages of genuine market turnarounds are often marked by disbelief and hesitation, with only the boldest or most reckless traders recognizing their potential early on. He added:

“Now look, just because the President doesn’t want a constitutional crisis and is going to keep Powell doesn’t mean we have more to go on. For example, there’s been no sign of change from the administration on the trade wars.”

Our Methodology

For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 22. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Jim Cramer Likes Coupang (CPNG): “It’s the Amazon of South Korea”

A woman holding a laptop, wearing a graphic t-shirt, casually checking her e-commerce order.

Coupang, Inc. (NYSE:CPNG)

Number of Hedge Fund Holders: 87

Calling it the “Amazon of South Korea”, a caller inquired about Coupang, Inc. (NYSE:CPNG). Here’s what Cramer had to say:

“You know, I think it’s an interesting spec. I like it. I like it. Look, I don’t really know what Stanley’s up to, because… I haven’t seen him in a long time. He is a very, very good investor. But I like the idea. I think it’s a good call.”

Coupang (NYSE:CPNG) runs a retail business through digital platforms. It provides a range of services from e-commerce and fresh grocery delivery to online content streaming, food delivery, fintech, and luxury fashion. In Q4 2024, the company reported $8.0 billion in net revenues, up 21% on a reported basis and 28% year-over-year. The company’s gross profit rose 48% to $2.5 billion, and the margin was 31.3%. Diluted EPS dropped by $0.49 to $0.08 due to a one-time tax-related benefit in Q4 2023.

Overall,CPNG ranks 10th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of CPNG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CPNG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.