Was Jim Cramer Right About These 12 Stocks?

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4. Toyota (NYSE:TM)

Number of Hedge Fund Investors: 18

One caller asked Cramer whether they should invest in Toyota (NYSE:TM) and he said that he was bearish on the auto sector in general, citing pricing pressures and volatility:

“I don’t really want the auto stocks right here… they’ve just become way too dicey.”

He made an exception for General Motors (NYSE:GM) due to its share buybacks and emphasized that he regards Tesla (NASDAQ:TSLA) as a tech stock rather than an auto company and likes it.

Toyota (NYSE:TM) is down 5% since, while General Motors (NYSE:GM) and Tesla Inc. (NASDAQ:TSLA) are up 14% and 80% respectively.

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