Was Jim Cramer Right About These 23 Stocks?

5. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 116

Walmart Inc. (NYSE:WMT) is the world’s largest retailer, known for its value pricing and global footprint. While talking about retailers back then, Cramer highlighted Walmart as the standout store at the time.

“Walmart’s rejuvenated itself like you can’t even believe. I urge you to go there—you’ll see prices like the old days with amazing overseas sources.”

Walmart Inc. (NYSE:WMT) has surged by 42.31% since that older commentary.

However, during the latest Mad Money episode on March 14, Cramer appeared a bit reserved and cautious about the stock, saying:

“I actually don’t like Walmart here. I think that the stock has moved up too much and we want to wait. And then if, and I’ll tell you the truth, maybe in the low $80s, no, maybe even the high $70s because right now retail’s a very hard thing to do. And the only retailer that I’m saying to buy right now is TJX. I like Costco, but TJX is much better than Walmart. Much better. I want you to sell the Walmart and buy TJX.”