Jim Cramer Recently Looked Into These 8 Stocks

2. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 88

When a caller asked Cramer why Walmart Inc. (NYSE:WMT) is not included in the Charitable Trust portfolio, this was his response:

“Okay, it’s just an honest, great question. I’ve said, I have talked about this with the Walmart people too. The answer is, I thought that if I had Costco and I had TJ, I shouldn’t have Walmart. And the answer is that was wrong. When you think of stock’s going higher, you should break discipline a little and buy the stock. Walmart is amazing and boy, do my kids and I love to shop there. Bargains. Hey, the clothing there by the way, fantastic.”

Walmart (NYSE:WMT) is a major retail and eCommerce brand that provides a broad range of products, including groceries, health items, electronics, clothing, and private-label goods. In November 2024, Cramer’s advice about the company was:

“Now Walmart’s had an amazing ride. It’s up 60% this year. It’s almost in a straight line. This is a big cap company, up 60%. Wait a second, that’s amazing. Now this is the kinda stock where we need to see some sort of pullback before we get too excited.

I think we reached a short term top this week in the stock so I don’t wanna plunge in and just start buying it right now. Even though the great ones like Walmart are going to continue to be good, don’t get me wrong. I bet the numbers will be excellent. Maybe they can even turbocharge the stock from here. But up here for me, you only have my blessing to put a small position on it.”

Since then, Walmart (NYSE:WMT) stock has been up over 16%.