Jim Cramer’s Latest Lightning Round: Top 10 Stocks

Page 5 of 5

1. BlackRock Inc (NYSE:BLK)

Number of Hedge Funds Investors: 

Jim Cramer in a latest program on CNBC reiterated his bullish views on BlackRock Inc (NYSE:BLK).

“This stock has been a dog for me, candidly, for my travel trust. And we buy it—why do we buy? Because it’s the best-run fin with no exposure to credit.”

The London Company Large Cap Strategy stated the following regarding BlackRock, Inc. (NYSE:BLK) in its Q3 2024 investor letter:

“BlackRock, Inc. (NYSE:BLK) – Shares of BLK rallied during 3Q as organic growth improved sequentially. Our long-term view of BLK has not changed. In the near-term, strong equity market performance is supportive of AUM and fee growth, and, visibility on declining interest rates is a potential tailwind to the fixed income ETF business. We continue to view BLK as a long-term share gainer with a broad spectrum of solutions, and we appreciate the strong balance sheet and steady capital return.”

While we acknowledge the potential of BlackRock Inc (NYSE:BLK), 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 BLK 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. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at Jim Cramer Discusses These 12 Stocks & Says Mag 7 Stocks Are A Thing Of The Past and the 12 AI Stocks on Wall Street’s Radar Today.

Page 5 of 5