Jim Cramer Remembers COVID-19 & Discusses These 11 Stocks

3. Spotify Technology S.A. (NYSE:SPOT)

Number of Hedge Fund Holders In Q4 2024: 101

Spotify Technology S.A. (NYSE:SPOT) is the largest audio streaming company in the world which enjoys a sizable first-mover advantage in the industry. In his previous appearances, Cramer has been nothing short of praise for the firm as he believes that the firm can do little wrong when it comes to stealing share away from linear entertainment mediums. Spotify Technology S.A. (NYSE:SPOT)’s shares have gained 149% over the year and 33% year-to-date after trimming some of their gains in February following weak economic data. Here’s what Cramer said:

[META, APP, RDDT, NFLX, SPOT strong performance] “These are favorites, they’re long favorites. They’ve also been embraced by retail. Now some of them did not have a quarter that people wanted,. . . Uh, I loved the Spotify quarter but they got clipped.”