Jim Cramer’s Bold Predictions About These 15 AI Stocks

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10. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders In Q3 2024: 64

Date of Cramer’s Comments: September 16th, 2024

Performance Since Then: 26%

Hewlett Packard Enterprise Company (NYSE:HPE) is an enterprise computing equipment provider. It offers a variety of AI products and solutions such as those which enable businesses to manage their data for AI and machine learning training. Since Cramer’s remarks, Hewlett Packard Enterprise Company (NYSE:HPE)’s shares have gained 26%. One catalyst was the firm’s fourth-quarter report in December that sent its shares soaring by 11% as it posted $8.5 billion in revenue and $0.28 in EPS to beat analyst estimates. However, the shares lost 11.94% during and after the DeepSeek selloff. Here is what Cramer said:

“I think HPE is going to surprise people with that offering. You’re absolutely right; it’s a very inexpensive stock. Down here at $17, I’m as positive as you are!”

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