Was Jim Cramer Right About These 12 Stocks?

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9. Hasbro Inc. (NASDAQ:HAS)

Number of Hedge Fund Investors: 30

Cramer sounded very bullish on the stock following a “dynamite quarter” (Q2 2024) reporting a “monster” $0.44 EPS beat and its management raising their forecasts. He praised the company’s transformation under CEO Chris Cocks who joined the show to talk about its booming gaming division. Cramer praised Hasbro’s strategy, stating:

“They reported substantially higher-than-expected sales… it’s got room to run.”

Since the July episode, Hasbro (NASDAQ:HAS) kept rallying from around $64 per share up to $73 in October 2024 when the company faced legal action for misrepresenting inventory levels. Since then it’s all been downhill for the stock, dropping as low as $56 per share with an overall performance of -8% since Cramer’s bullish comments.

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