Was Jim Cramer Right About These 13 Stocks?

11. Medtronic plc (NYSE:MDT)

Number of Hedge Fund Holders: 69

At the time, Cramer saw Medtronic plc (NYSE:MDT) as one of the major winners from Nvidia’s AI advancements, particularly in medical technology:

“Medtronic is the leading medical device maker. They’re using Nvidia’s technology to create more accurate colonoscopies with their Genius Intelligence Endoscopy Module that makes far fewer mistakes than an untrained human eye.”

Medtronic plc (NYSE:MDT)’s stock has risen by 10.69% since then.

Earlier this year, on the 14^th of January, Cramer talked about the stock again, saying the following:

“Yesterday… we had Geoff Martha on, he’s the CEO of Medtronic, that’s another stock that hasn’t done anything lately. I thought he told a great story about all the new products he’s rolling out, lifesaving products nobody seemed to care about. It was a big yawn. Uh-uh. Today, when the stock was one of the best performers of the S&P 500, up 4%, I remembered what he said yesterday, which is things are pretty darn good. It does make a difference.”