Was Jim Cramer Right About These 13 Stocks?

9. Best Buy Co. Inc. (NYSE:BBY)

Number of Hedge Fund Holders: 38

Cramer also favored Best Buy Co Inc. (NYSE:BBY) back then, highlighting its solid business results:

“You buy the retailers now when the economy is still strong enough, and the numbers for a Dick’s or a Best Buy or a Costco are strong enough.”

Best Buy (NYSE:BBY) has also struggled since then, having dropped by 7.56%.

On the 31^st of January this year, Cramer noted Best Buy Co., Inc.’s (NYSE:BBY) stock decline and mentioned that he is not ready to give up on it.

“Well, you know what, I’ve got a, we have a meeting next week for the club and I feel very, very strongly that Best Buy is too cheap down here. It has been a one-way ticket to Hades from $103 all the way down here, yields 4.5%. I don’t want to give up on Best Buy… I don’t know why this stock can’t even lift for a single day though.”