Jim Cramer Shed Light on These 9 Stocks

7. QuantumScape Corporation (NYSE:QS)

Number of Hedge Fund Holders: 22

In response to a caller’s question about QuantumScape Corporation (NYSE:QS), Cramer said:

“I, you know, I, look, I don’t want to be too negative, but I’ve kind of had a Quantum escape. I don’t think they’ve got the, I don’t think they have the horses. I would be a seller of Quantumscape even right at this level. Have to say it.”

QuantumScape (NYSE:QS) is a research and development company focused on developing and bringing to market solid-state lithium-metal batteries for electric vehicles and various other uses. In October 2024, when talking about the company, Cramer quipped:

“No… The guys who told me to buy QuantumScape, they were Quantum wrong. So I don’t want to be Quantum wrong. I want to be Quantum right. I would avoid QuantumScape. Quantum escape, so to speak.”