Was Jim Cramer Right About These 23 Stocks?

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10. Roblox Corporation (NYSE:RBLX)

Number of Hedge Fund Holders: 61

Cramer was upbeat on Roblox Corporation (NYSE:RBLX) back then, citing accelerating growth metrics. Having a discussion with the company’s CEO, he wanted to get his view on whether or not this company would now enter its “re-acceleration” phase:

“Let’s talk about Roblox, the online gaming and game creation platform that’s insanely popular with kids. 71.5 million daily active users in the latest quarter but because they never pivoted to profitability, yet, the stock hasn’t gotten as much love as I think it should’ve.

“It’s the beginning of the great re-acceleration. Daily average users up 22%, hours engaged up 21%, revenues up 30%, bookings up gigantically. […] I’ve been waiting for this one to take off — it is taking off.”

Apparently, Jim Cramer has every right to be upbeat on Roblox Corporation (NYSE:RBLX), with the stock having surged by 51.66% since then.

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