Jim Cramer Looked Closely At These 10 Stocks

8. Toyota Motor Corporation (NYSE:TM)

Number of Hedge Fund Holders: 18

Cramer expressed reluctance about Toyota Motor Corporation (NYSE:TM) as he explained:

“Look, I like Toyota more than I like many of the American automakers, but again, it’s still in the auto business and that’s a real tough neighborhood and I care about the neighborhood.”

Toyota (NYSE:TM) designs, manufactures, and sells a wide range of vehicles, including cars, trucks, and buses, under the Toyota and Lexus brands, along with related parts and accessories. Cramer’s recent comment was starkly different from what he said about the company in 2023, which is:

“I’ve been looking at Toyota and thinking, ‘why don’t I recommend that stock’? It just goes up and up…I think it’s a really good call. Buy Toyota.”

Since his comment in November 2023, Toyota (NYSE:TM) stock has seen a measly gain of less than 1%.