Jim Cramer Says Businesspeople Are Emotional & Discusses These 10 Stocks

3. 3M Company (NYSE:MMM)

Number of Hedge Fund Holders In Q4 2024: 79

3M Company (NYSE:MMM) is one of the biggest industrial conglomerates in America. It makes and sells safety, bonding, stationary, and a host of other products. 3M Company (NYSE:MMM)’s shares have gained 4.9% year-to-date after dropping by 14% in April amidst the massive selloff. Here are Cramer’s latest comments about 3M Company (NYSE:MMM):

“[On policies creating uncertainty leading businesses to consider worst case scenarios and cutting workforce to potentially trigger a recession] Absolutely. And I think that’s a very succinct way to put it. I think you go and you look at 3M and the stock’s doing well. And Carl, you say, okay what did 3M say? And 3M said, listen we’re doing well and the tariffs could be a headwind.”

“You know the earnings this year, they did point out, they thought it would be prudent to ‘hold the estimated impact of tariffs outside of our full year guidance.’ . . and what I really want to point out is, Will Brown, has come into this company and he has energized it. And I would get out of this man’s way. I would think he is on fire. And I really think it’s a great American company and he, maybe you could say that Mike Roman gave him a good hand. But I think if Will Brown’s taking this to another level, I think that this one could go up for a long time.”