Jim Cramer Talked About These 7 Stocks Recently

4. Southwest Airlines Co. (NYSE:LUV)

Number of Hedge Fund Holders: 34

Mentioning Southwest Airlines Co.’s (NYSE:LUV) decision to cancel its bags fly-free policy, Cramer noted:

“‘How about that Southwest Air. I was getting worried about that team, but what a comeback. Who knew charging for bags would make such a difference.’”

Southwest Airlines (NYSE:LUV) is a carrier that offers scheduled flight services across the United States and to certain nearby international destinations. On March 12, Bernstein analyst David Vernon increased LUV stock’s price target from $31 to $33 while maintaining a Market Perform rating on the stock.

The firm noted that after a strong finish to 2024, the U.S. airline industry is adjusting its Q1 2025 forecasts. While market conditions appear softer, it remains uncertain whether this softness signals the start of a downturn or just a phase of cautious adjustments, according to Bernstein. Despite this uncertainty, the firm pointed out that Southwest Airlines (NYSE:LUV) impressive guidance increase is causing short sellers to reconsider the potential for further declines.