Was Jim Cramer Right About These 16 Stocks?

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6. CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Number of Hedge Fund Investors: 77

Cramer was bullish on CrowdStrike Holdings Inc. (NASDAQ:CRWD) at the time, emphasizing its AI-powered cybersecurity offerings and partnership with Nvidia:

“CrowdStrike just announced a new collaboration with Nvidia. They’re using Nvidia’s AI computing services with data from their own AI-native cybersecurity platform. This partnership gives you everything you need to build automated cyber defenses for the enterprise.”

CrowdStrike had its ups and downs since then but has been overall flat with a 0.91% drop.

Cramer remains bullish on the stock. Here are his latest comments from the 5th of March:

“We bought some this morning. And we sold a lot between four hundred and four fifty. Geroge Kurtz did a magnificent job. And I think there’s a lot people that are being very short-sighted. I think that the cash flow is much better than people realize. I think that the orders are much better than people realize. I think that this is a momentum stock that’s pausing. And you have to buy momentum stocks when they pause. And the people who are selling it right now will certainly regret what they’re doing.”

“By the way, I think that the algorithms drove a lot of Crowdstrike last night. They didn’t understand you had add back 90 cents. I mean they just, they don’t do it. You have to like look at, I mean look at the income statement and I’m expending like waiting for the President to talk which was about forty minutes. And I finally got through the income statement. Because there’s just a lot of different adjustments. And the machines can’t adjust.”

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