We recently published a list of Jim Cramer Answers If the Market Has Bottomed and Weighs In On 11 Stocks. In this article, we are going to take a look at where 3M Company (NYSE:MMM) stands against other stocks that Jim Cramer discusses.
On Monday, Jim Cramer, the host of Mad Money, highlighted how the market has turned upside down, with investors now buying stocks that they used to dislike, saying:
“If you told me this is where the market was headed two or three months ago, I would have thought you were insane, even crazier than I am. This radical transition over the past few weeks has just been frankly unfathomable. We’re now buying stocks we hated and we’re despising, and guess what we are now selling short the stocks that we used to worship. And it’s all happening on the fly. […] You can’t tell what’s underneath though but that makes it much easier for those real seekers who want to surf the Trump ‘stock wave’.”
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Cramer centered the episode around the question on every investor’s mind: has the market finally bottomed?
“Fresh off a turbulent week for the tape, I’m opening up the phone lines and answering your most pressing questions because are we at a bottom? That’s what everybody wants to know. […] Well, the tariff exemptions, it looks like they’re coming. Market was eager to take a sigh of relief. I’m not so sure where we are with them, but the major indices jumped higher on President Trump’s announcement of temporary exemption on tariffs for phones computers and semiconductors, and really, I guess the subtext is for Apple. But in a tape this volatile we have headlines dropping left and right, I’ve got to tell you, I spend so much time trying to figure out what’s going on, but I think that periodically I nail it. So tonight what I want to do is open up our phone lines to hear directly from you, from the people of America.”
Our Methodology
For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 14. 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).
3M Company (NYSE:MMM)
Number of Hedge Fund Holders: 79
A caller asked about 3M Company (NYSE:MMM) ahead of its upcoming earnings. Cramer said he expects a decent quarter but warned that large multinationals are currently out of favor with investors. Here’s his analysis:
“Okay 3M is going to report in 8 days and I think the quarter is going to be good, but I don’t know if anyone’s going to care, because it’s a big international and right now big internationals are really frowned upon. But you know what, if you can own it through the cycle again, I think it is a good situation.
Overall, MMM ranks 1st on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MMM as an investment, our conviction lies in the belief that some 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 MMM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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