Jim Cramer’s Complete Black Monday Warning Plus 10 Stocks

4. Barrick Gold Corporation (NYSE:GOLD)

Number of Hedge Fund Holders In Q4 2024: 44

Barrick Gold Corporation (NYSE:GOLD) is one of the largest gold companies in the world. Its shares sank by 8.8% on Friday primarily due to worries about American firms being exposed abroad. Year-to-date, Barrick Gold Corporation (NYSE:GOLD)’s shares are up by 10.6% as economic uncertainty has driven up the demand for gold. Cramer’s also shared that gold is doing well, and pointed to gold’s recent price gains as evidence of it being an ultimate store of value when compared to Bitcoin. Here’s what he said about Barrick Gold Corporation (NYSE:GOLD):

“I had Dr. Mark Bristow last night from Barrick and gold’s been fabulous. It’s very hard you know gold going less than 1% is found each and it’s really proving to be that store hold of value.”