Was Jim Cramer Right About These 13 Stocks?

5. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 111

Alibaba Group Holding Limited (NYSE:BABA) is a Chinese e-commerce and cloud computing giant. When asked about it, Cramer made clear it was his only acceptable pick among Chinese stocks:

“Look, if you have to own one, it is going to be Alibaba. That is the one that has the most American-like financials. I’m not a fan of Chinese stocks, but BABA is the one to own if you want to go there.”

Alibaba Group Holding Limited (NYSE:BABA) has surged 82.15% since that episode, being one of the top performing Chinese stocks over the past year.

Jim Cramer did mention Alibaba again more recently, once again stating that it’s the only Chinese stock he likes. Here’s what he said on the 25th of February when asked about Chinese stocks:

“Oh my god, WeRide. Oh geez. You cut me to the quick. I don’t want to go, look, I like Alibaba. That was the only Chinese stock I like and it’s been absolutely terrific.