Jim Cramer Says You Should ‘Buy, Buy, Buy’ These 5 Stocks

1. Becton Dickinson and Co (NYSE:BDX)

Number of Hedge Fund Investors: 60

Jim Cramer is puzzled about New Jersey-based medical device company Becton Dickinson and Co (NYSE:BDX) and said during one of his recent programs that the stock is inexpensive since “nobody” seems to like it and it’s getting “crushed.” Cramer thinks it’s time to buy the stock. Over the past six months the stock is down about 4%.

Out of the 933 funds tracked by Insider Monkey, 60 hedge funds reported owning stakes in Becton Dickinson and Co (NYSE:BDX). The biggest stakeholder of Becton Dickinson and Co (NYSE:BDX) during this period was Jean-Marie Eveillard’s First Eagle Investment Management which owns a $476 million stake in Becton Dickinson and Co (NYSE:BDX).

Aristotle Atlantic Core Equity Strategy stated the following regarding Becton, Dickinson and Company (NYSE:BDX) in its fourth quarter 2023 investor letter:

“Becton, Dickinson and Company (NYSE:BDX) detracted from portfolio performance in the quarter, as the company announced lower-than-expected guidance for fiscal year 2024. The weaker guidance was mainly driven by adverse moves in foreign exchange markets; however, the guidance seemed to surprise investors, even though we believe the underlying business trends remain solid.”

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