Was Jim Cramer Right About Trump Media & Technology Group (DJT)?

We recently published a list of Was Jim Cramer Right About These 23 Stocks?. In this article, we are going to take a look at where Trump Media & Technology Group Corp. (NASDAQ:DJT) stands against other stocks that Jim Cramer discussed 12 months ago.

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.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Was Jim Cramer Right About Trump Media & Technology Group Corp. (DJT)?

Trump Media & Technology Group Corp. (NASDAQ:DJT)

Number of Hedge Fund Holders: 10

Cramer discussed Trump Media & Technology Group Corp. (NASDAQ:DJT) as a speculative opportunity, back then.

“I’m mentioning this vehicle because it could produce a big windfall for former President Trump, who’s staking the company’s worth at about $3 billion now and could be worth much more if the stock stays above certain levels for just a few weeks.”

Trump Media & Technology Group Corp. (NASDAQ:DJT) has been one of the most volatile stocks of the past year, especially because of the elections. Overall, it has dropped by 45.29% since the episode aired last March.

The last time Jim Cramer mentioned the stock was back in November last year. Here what is he said about DJT when he was asked about it on the 17th of November:

“This thing is a very hard stock to value, and maybe it is a keep sake because I can’t figure out how to put a number to it. That said, it sure does trade like a crazy one, does it”

Overall, DJT ranks 22nd on our list of stocks that Jim Cramer discussed 12 months ago. While we acknowledge the potential of DJT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DJT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.