Was Jim Cramer Right About These 12 Stocks?

6. Columbia Sportswear (NASDAQ:COLM)

Number of Hedge Fund Investors: 15

Columbia had been dealing with weak retail sentiment, but international growth and product innovation were keeping the brand strong. Cramer was particularly impressed by Columbia’s new “polar bear” technology, designed to retain heat in extreme cold. He praised it by saying:

“This is a real game-changer, and I think it’s going to be a major hit.”

Columbia was also working through excess inventory and improving its direct-to-consumer strategy.

In general, Jim Cramer repeatedly praised the CEO and emphasized how much he likes the company and its focus on innovation:

“I got to tell you, I love your stuff; everybody does because there’s always some new technology … I think it’s the technology that is crucial to the company and you always deliver.”

The stock has been doing well since then, being up by 10%.