In this article, we will take a look at 23 stocks that Jim Cramer discussed 12 months ago during his show on March 22, 2024, and examine whether he was right or wrong about those stocks.
During the latest episode of Mad Money, Jim Cramer advised his viewers to closely monitor the upcoming Federal Reserve meeting and the earnings reports from companies. However, he also cautioned that irrespective of what the earnings reveal, the direction of the market will largely be determined by President Donald Trump and the Federal Reserve.
He also mentioned that Tuesday will bring the release of February housing data, which Cramer emphasized as significant. He stressed that a strong housing market is essential in preventing a recession, which he described as “terrible”.
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“Any kind of slowdown is quickly reflected in housing, which then gets reflected in retail. It’s a delicate chain that starts with housing, which is why I’ll be watching these numbers like a hawk.”
Wednesday’s events are also of importance, as the Federal Reserve’s Open Market Committee will meet, and the market will hear from Jerome Powell, the Fed’s chair. Cramer noted that the most recent inflation data, including both the Consumer Price Index and the Producer Price Index, have been relatively favorable, which might suggest that inflation is under control. However, he cautioned that certain areas of the economy still experience persistent high prices.
Furthermore, as per Cramer, there is a looming possibility of a new round of tariffs, potentially as soon as next week, which could include a 25% tariff on all imported vehicles, perhaps on those from Germany, Japan, and South Korea. He then added:
“I fear the president will choose Wednesday to lower the boom so be prepared. Sure, the market’s oversold. It may stay oversold by Wednesday so it could possibly handle any auto-related tariff news, but you have to be ready for them.”
Finally, Cramer reiterated that the fate of the market this week will hinge more on actions from the White House and the Federal Reserve than on the earnings reports of individual companies.
Methodology
For this article, we compiled a list of 23 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 22, 2024. We then calculated their performance from March 22, 2024, market close to March 14th, 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.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
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23. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 167
Back then, Cramer remained firm on Apple Inc. (NASDAQ:AAPL) despite antitrust concerns.
“I reiterated that you should own, not trade Apple, even as Apple’s now under assault from the Justice Department for unfairly putting out a real good phone.”
Apple Inc. (NASDAQ:AAPL) has climbed by 23.92% over the past 12 months.
However, as the stock has dipped by 12.5% year-to-date, Cramer went on to address investors’ concerns by saying this on the 13th of March:
“I think that Apple, I’ve been saying it, own it don’t trade it. . .I said look I think Apple’s going lower, wasn’t, I don’t think it’s revelatory. You can’t, if you can’t make the estimates your stock goes lower. I mean it’s not like they’re somehow immune to that. And I think that the Morgan Stanley piece yesterday was very good about trying to assess exactly how much lower. When you miss your numbers, you miss your numbers. And it doesn’t matter who you are.”
