Was Jim Cramer Right About These 12 Stocks?

4. Joby Aviation Inc. (NASDAQ:JOBY)

Number of Hedge Fund Investors: 12

Following Cramer’s bullish comments on the aerospace sector, a caller asked him about Joby Aviation (NASDAQ:JOBY) and whether he should stick with it or sell it. Cramer was outright bearish on the stock, likening it to a risky bet. He urged the caller to sell it, saying:

“No, your stock should not be Joby. Just sell it. I mean, I’d rather have you go on DraftKings and do a parlay.”

Joby is a venture-backed company that is developing electrical aircraft for the air taxi service. Cramer’s view was that Joby was a speculative bet he wanted nothing to do with.

Nevertheless, the stock has done very well since then, having risen by 28.6%.