Was Jim Cramer Right About These 23 Stocks?

20. GameStop Corp. (NYSE:GME)

Number of Hedge Fund Holders: 24

Cramer was skeptical on GameStop Corp. (NYSE:GME) at that time, expecting weak results.

“I expect another dismal quarter, of course, but that’s never stopped anyone from the Wall Street Bets department of Reddit. […] I don’t expect a repeat of the action from 3 years ago, but perhaps they’ll help prop up the stock after another horrendous set of numbers.”

Overall, GameStop Corp. (NYSE:GME) has raised by 76% since that episode.

On the 3^rd of February, Jim Cramer called GameStop Corp. (NYSE:GME) a meme stock and instead, strongly suggested investing in Palantir or Take-Two:

“I think, I’ll tell you, if you want games, you gotta be in Take-Two because Take-Two’s gonna have a Grand Theft Auto brand new edition this year and that’s the one to be in. I mean, you gotta have momentum. I mean, look at what happened to EA, uh-uh, so I can’t recommend GameStop, I just know it’s a meme stock. But if you want a meme stock, of course, you just buy Palantir. I think everyone should just go buy Palantir. I mean like Palantir, it’s like, what can I say? Alex Karp, I think he’d find you if you didn’t buy Palantir and give you a little talking to.”