Was Jim Cramer Right About These 23 Stocks?

Page 7 of 23

17. Marathon Petroleum Corporation (NYSE:MPC)

Number of Hedge Fund Holders: 55

Marathon Petroleum Corporation (NYSE:MPC) is the largest independent oil refiner in the U.S., with a vast refining and distribution network. Cramer saw it as a key player in the energy trade at the time.

“Marathon has 13 refineries, processes 2.9 million barrels in 12 states. It’s our nation’s largest refinery system for heaven’s sake. This is the kind of stock people want right now, not a cell phone company with Chinese exposure.”

However, it didn’t go so well for the company over the past 12 months. Marathon Petroleum Corporation (NYSE:MPC) has dropped by 25.08% since Cramer’s mention.

Page 7 of 23