Jim Cramer to Whirlpool (WHR) Investors: ‘Move On’

We recently published a list of 10 Jim Cramer Stocks to Watch This Month. In this article, we are going to take a look at where Whirlpool Corporation (NYSE:WHR) stands against other stocks that Jim Cramer discusses.

Jim Cramer recently talked about the market selloff and how years of profits are lost within days when panic hits the market:

“They wipe out these gains pretty easily, don’t they? Just like that, the sellers take away months, if not years, of profits because they want to get ahead of a potential recession. And then they swap into the safety stocks that thrive in a slowdown. Welcome to the world of recession preparation, where it doesn’t matter what prices you get on the sales or the buys as long as they get done.”

Cramer said that while he agrees with the broader tariff policies of President Trump, he does not like the “way” he’s implementing them.

“I don’t think that Trump will start going easier on our trading partners just because the Dow’s been eviscerated. He’s not sacrificing our trade policy on a cross of gold — meaning, of course, higher stock prices. Of course, not many investors saw this coming, and that’s incredible to me. And the shock from Trump’s change in attitude has terrified the moneymen — the big moneymen,” Cramer added.

READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In

For this article, we picked 10 stocks Jim Cramer discussed during his programs on CNBC. With each company we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Whirlpool Corporation (NYSE:WHR)

Number of Hedge Funds Investors: 22

A caller recently asked Jim Cramer about Whirlpool Corporation (NYSE:WHR). Cramer recommended the investor to move on from the stock.

“I didn’t like that quarter at all, and that stock is very much in the penalty box. It has had a little bit of a bounce, and what I say is move on.”

Overall, WHR ranks 10th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of WHR, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WHR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

Disclosure: None. This article is originally published at Insider Monkey.