Was Jim Cramer Right About These 13 Stocks?

In this article, we will take a look at 13 stocks that Jim Cramer discussed 12 months ago during his show on March 21, 2024, and examine whether he was right or wrong about those stocks.

During the latest episode of Mad Money, Jim Cramer expressed his frustration over the negative outlook he believes the White House is projecting about the economy. He explained that while he felt a sense of optimism and wanted to get excited about positive developments in the stock market, he held back.

“I wanted to get excited, but you know what I had to do? I had to hold my breath because when this market’s getting ahead of steam going, you know what you can bet on? The president will post something rancorous, dispiriting, and confusing and the market will immediately get put through the meat grinder…

It’s not necessary to do this, nor will they highlight anything good that’s going on here. It makes people feel like everything’s terrible, which isn’t true…

So here’s the bottom line: Every day there is something to celebrate in the business world because the business world is fantastic. We’d be in much better shape if the administration would highlight that. Believe me, the bad doesn’t need your help. It’ll get the word out all by itself.”

Methodology

For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 21, 2024. We then calculated their performance from March 21, 2024, market close to March 13th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

13. Nvidia Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 224

At the time, Cramer was as bullish as ever on Nvidia Corporation (NASDAQ:NVDA), urging investors to own the stock, not trade it. He marveled at the company’s dominance in AI, saying:

“We can go to any trade show like the one we went to early this week in Nvidia where we saw the future and we saw how we can own a piece of it. The ripple effects were everywhere today as Nvidia spread pixie dust throughout the averages.”

Since the episode aired last March, Nvidia Corporation (NASDAQ:NVDA) has gained 26.41%.

Cramer remains supportive of the stock. Here’s what he said on the 13^th of March:

“And then a simple one, ‘I hear Nvidia’s got the Woodstock of Al, can’t wait to hear that Jensen keynote. He’s a COOL guy. I hear he’s a great cook, too. Renaissance man.’”