We recently published a list of Was Jim Cramer Right About These 13 Stocks? In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other stocks that Jim Cramer discusses.
During the latest episode of Mad Money, Jim Cramer expressed his frustration over the negative outlook he believes the White House is projecting about the economy. He explained that while he felt a sense of optimism and wanted to get excited about positive developments in the stock market, he held back.
“I wanted to get excited, but you know what I had to do? I had to hold my breath because when this market’s getting ahead of steam going, you know what you can bet on? The president will post something rancorous, dispiriting, and confusing and the market will immediately get put through the meat grinder…
It’s not necessary to do this, nor will they highlight anything good that’s going on here. It makes people feel like everything’s terrible, which isn’t true…
So here’s the bottom line: Every day there is something to celebrate in the business world because the business world is fantastic. We’d be in much better shape if the administration would highlight that. Believe me, the bad doesn’t need your help. It’ll get the word out all by itself.”
Methodology
For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 21, 2024. We then calculated their performance from March 21, 2024, market close to March 13th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
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).
Alibaba Group Holding Limited (NYSE:BABA)
Number of Hedge Fund Holders: 109
Cramer was bearish on Alibaba Group Holding Limited (NYSE:BABA) at the time, primarily due to concerns about Chinese government intervention:
“If we trusted the Chinese to do the right accounting, do the right thing by people who are working really hard, then we would say buy it. But right now, they seem to be inclined to attack all the rich people, including the people who run that company, so we’re going to have to hold off till it goes under $70.”
Alibaba Group Holding Limited (NYSE:BABA) has exploded since then, rising by 89.62%.
However, Jim Cramer has changed his stance on the stock. Here’s what he said on the 21st of February:
“Well BABA, we’ve got two streams of revenue that are explosive so to speak. One is cloud, and the other is eCommerce. Now, it’s very clear that the PRC, the party has said look, we want more spending. And that’s the eCommerce. And when it comes to the cloud, well that, you could say that’s DeepSeek, they really know what they’re doing over there. And by the way, Jensen Huang, has been quiet but there is a piece, this morning, that don’t worry, it’s really post-training. That’s a more sophisticated way to put it, but he’s broken his silence. But Alibaba can, when I speak to David Tepper, I mean it’s very clear, Alibaba is still inexpensive. I don’t like the idea that you’re coming in at this level. But the fact that they have two revenue streams that are on fire not one really speaks to how China wants to promote spend and how brilliant they turned out to be in terms of technology.”
Overall, BABA ranks 5th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of BABA as an investment, our conviction lies in the belief that 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 BABA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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