Jim Cramer Recommends Selling These 5 Stocks

2. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 88

Jim Cramer’s Trust sold its position in Johnson & Johnson (NYSE:JNJ) recently. In a program on CNBC, Cramer explained in detail the reasons behind this decision. He said that Johnson & Johnson (NYSE:JNJ) was not sold due to problems in fundamentals of this company. He praised Johnson & Johnson (NYSE:JNJ)’s business but said the stake was sold due to consistent legal troubles. Cramer said that he had initially believed Johnson & Johnson (NYSE:JNJ) had acted in good faith and was not aware of the harmful ingredients in its baby talc powder. But amid unending lawsuits and lost legal battles Cramer has decided to dump Johnson & Johnson (NYSE:JNJ).