Jim Cramer Says “Hang On To Stocks” and Recommends 5 Stocks

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1. Microsoft Corp (NASDAQ:MSFT)

Number of Hedge Fund Investors: 302

Jim Cramer recently talked about Microsoft Corp (NASDAQ:MSFT) and shared his surprise on the stock’s underperformance after earnings.

“Have you seen this stock? This thing is getting killed.”

Cramer said there is “nothing better than Microsoft right now.” He said you’ve got to “check that box” as his Charitable Trust has by owning a stake in Microsoft Corp (NASDAQ:MSFT) that is leading the AI race.

Ithaka US Growth Strategy stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its first quarter 2024 investor letter:

“Microsoft Corporation (NASDAQ:MSFT) builds best-in-class platforms and provides services that help drive small business productivity, large business competitiveness, and public-sector efficiency. Microsoft’s products include operating systems, cross-device productivity applications, server applications, software development tools, video games, and business-solution applications. The company also designs, manufactures, and sells devices, including PCs, tablets, and gaming/entertainment consoles that all integrate with Azure, its cloud computing service. In the quarter Microsoft’s stock appreciated based on excitement surrounding the company’s positioning in the generative AI market and its ability to monetize the coming wave of corporate investment in supercomputing and AI, which will be through both Azure and Microsoft Copilot, the company’s new GenAI personal assistant.”

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