In this article, we discuss Jim Cramer recommended these 5 stocks. If you want to see more stocks in this selection, check out Jim Cramer Recommended These 10 Stocks.
5. Expedia Group, Inc. (NASDAQ:EXPE)
Stock Gain since August: 4.85%
S&P 500 Gain since August: 9.4%
Expedia Group, Inc. (NASDAQ:EXPE) is an online travel company that helps travelers easily plan and book travel from the widest selection of vacation packages, flights, hotels, and cars. It was one of the hardest hit at the height of the pandemic amid the closure of borders and travel restrictions.
Consequently, it did not come as a surprise when Cramer recommended the stock in August last year as it showed signs of bouncing back as more people hit the roads, air, and sea to travel worldwide. Expedia Group, Inc. (NASDAQ:EXPE) has underperformed for the better part of the past 12 months, attributed to disappointing results and weak guidance.
Nevertheless, Expedia Group, Inc. (NASDAQ:EXPE) has started edging higher in recent days, affirming investors’ confidence about its long-term prospects amid the strong travel demand. The stock is up by about 4.85% over the past 12 months, compared to the 9.4% gains for the S&P 500.
Follow Expedia Group Inc. (NASDAQ:EXPE)
Follow Expedia Group Inc. (NASDAQ:EXPE)
4. DoorDash, Inc. (NYSE:DASH)
Stock Gain since August: 12%
S&P 500 Gain since August: 9.4%
DoorDash, Inc. (NYSE:DASH) operates a logistics platform that connects merchants, consumers, and dashers. Its platform allows merchants to solve mission-critical challenges. While offering delivery services, the company was a big hit at the height of the pandemic when movement was restricted.
DoorDash, Inc. (NYSE:DASH) has greatly benefited from the growing demand for home delivery services.
“Even when the pandemic situation was looking better a few months ago, DoorDash, Inc. (NYSE:DASH) never went away. It turns out people like getting online delivery whether it is food or liquor. DoorDash does that too,” Cramer said.
DoorDash, Inc. (NYSE:DASH) has benefited from giving tier systems and giving breaks to struggling restaurants. By helping consolidate the industry and going big in the suburbs, Cramer reiterated that the company has reinvigorated its growth prospects.
While DoorDash, Inc. (NYSE:DASH) did come under pressure following the remarks by Cramer, it has started edging higher and is up by about 12%. It has outperformed the S&P 500, that is up by about 9.4% over the same period.
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Follow Doordash Inc. (NYSE:DASH)
3. Lennar Corporation (NYSE:LEN)
Stock Gain since August: 41.67%
S&P 500 Gain since August: 9.4%
Lennar Corporation (NYSE:LEN) is a home builder that constructs and sells single-family attached and detached homes in the United States. It also deals in residential land in addition to developing, constructing, and managing multifamily rental properties.
“The FED’s increase has failed because they did not raise the long end. Mortgage rates are still cheap historically, many are bought by cash but there is scarcity and this guys have built far few that they should Lennar Corporation (NYSE:LEN) is one of the biggest beneficiaries because they know how to build a home well , they have always been,” Cramer said
As the second largest home builder in the US, Lennar Corporation (NYSE:LEN) boasts of competitive scale advantages. Consequently, it’s benefited from tight inventory in the real estate sector, allowing it to generate optimum returns from its investments. Strong demand for houses in the US market strengthens the stock sentiments.
Likewise, Lennar Corporation (NYSE:LEN) has outperformed the overall market going by 41.67% gains over the past 12 months compared to the 9.4% gain for the S&P 500.
Follow Lennar Corp W (NYSE:LEN, LEN.B)
Follow Lennar Corp W (NYSE:LEN, LEN.B)
2. Toll Brothers, Inc. (NYSE:TOL)
Stock Gain since August: 72%
S&P 500 Gain since August: 9.4%
Toll Brothers, Inc. (NYSE:TOL) designs, build markets, and sells detached and attached homes in luxury residential communities. The company also builds single-family detached and attached home communities and planned luxury residential in urban low, mid, and high-rise communities.
As one of the big players in the real estate sector, the company has benefited from rising interest rates and tightening inventory. When Cramer recommended Toll Brothers, Inc. (NYSE:TOL), it was trading for about $48 a share. It has since rallied to highs of $81.93 a share, generating a 72% return. It has dwarfed the 9.4% gains for the S&P 500 over the same period.
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Follow Toll Brothers Inc. (NYSE:TOL)
1. e.l.f. Beauty, Inc. (NYSE:ELF)
Stock Gain since August: 318%
S&P 500 Gain since August: 9.4%
e.l.f. Beauty, Inc. (NYSE:ELF) is a company that provides cosmetic and skin care products under e.l.f Cosmetics e.l.f Skin and Keys Soul care brand names worldwide. It offers eye, lip, face paw, and skin care products. In August of last year, Cramer touted it as a better proposition for anyone looking to gain exposure into the segment.
Nothing could be further from the truth as the stock has exploded once again, affirming Cramer’s stock-picking skills and recommendations. e.l.f. Beauty, Inc. (NYSE:ELF) is up by more than 318% against S&P 500 9.4% gain.
Follow E.l.f. Beauty Inc. (NYSE:ELF)
Follow E.l.f. Beauty Inc. (NYSE:ELF)
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