Jim Cramer Recently Talked About These 11 S&P 500 Stocks

5. F5, Inc. (NASDAQ:FFIV)

Number of Hedge Fund Holders: 31

Cramer commented that F5, Inc. (NASDAQ:FFIV) deserves the gain it has seen as it has been performing well for decades.

“The fifth biggest gainer, it’s called F5. It has nothing to do with Formula One or anything like that. This was up 18.2% January. This tech company, formerly known as F5 Networks, specializes in application security and delivery solutions. Oh boy, this is the kind of thing that everybody’s crazy about. It’s a story I really should have covered much, much more often because it has been a strong performer literally for decades from when I was a hedge fund manager.

Stock had already been rising steadily through January, but then gapped up last week after the company reported an excellent quarter. Not only did F5 handily beat sales and earnings expectations, but the company also raised its full-year forecast substantially. While the guidance for the current quarter was not as strong, F5 got a pass. The stock’s humming, deserves every point of this move and more.”

F5 (NASDAQ:FFIV) offers cloud-based solutions for application security, delivery, and management, providing services such as web app protection, multi-cloud networking, and application deployment.

In 2013, when asked about the company, Cramer said, “I think they’re great. I reiterate that I think it’s a great stock.” Over the last decade, F5 (NASDAQ:FFIV) stock has gained nearly 165%.