In this article, we will take a look at 10 stocks that Jim Cramer discussed 12 months ago during his show on April 4, 2024, and examine whether he was right or wrong about those stocks.
Back then, the show was heavily focused on the biggest media companies and how Jim Cramer ranked each one. He also discussed some of the biggest losers and winners of the post-pandemic stock market.
In the most recent episode of Mad Money, Jim Cramer took a closer look at the current status of the Magnificent Seven stocks, offering insight into both their market positioning and how the White House’s stance seems to be shifting.
“First, I can’t be sure that Trump has changed, but I do believe that he’s never lost sight of the markets and he watches the business channels.”
READ ALSO: Was Jim Cramer Right About These 13 Stocks? And Did Jim Cramer Nail or Miss These 14 Stocks?
Cramer emphasized that his analysis is not political, rather, it is a “clear-eyed” assessment of what the president aims to achieve. According to Cramer, Trump is pushing for more jobs and manufacturing within the U.S., even if it means sacrificing access to cheap goods from overseas. Turning his attention to the Magnificent Seven stocks, Cramer said:
“Everybody knows the Magnificent Seven is not so magnificent anymore… But as I said over and over again, you simply can’t count these stocks out.”
He explained that these stocks still hold significant value despite their significant drops from their peak highs. For Cramer, these companies are not to be dismissed lightly. He mentioned that six of them are part of his Charitable Trust, making them especially relevant to his analysis. He noted that some serious damage had been done to the group.
As Cramer continued his commentary, he pointed out that analyst sentiment toward the Magnificent Seven has become more positive after a year of skepticism. However, he highlighted that only Amazon and Nvidia have truly favorable setups at the moment. For the others, it remains to be seen what the future holds. Regardless of their uncertain outlooks, Cramer noted one important factor common to all these companies: as their stock prices fall, they actually become more affordable.
“Their stocks actually truly do get cheaper as they go lower, and that’s more than I can say for many others that have held up well during this exceedingly difficult period.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money on April 4, 2024. We then calculated their performance from April 4th, 2024, market close to March 26th, 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.
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10. Conagra Brands, Inc. (NYSE:CAG)
Number of Hedge Fund Holders: 32
Conagra Brands, Inc. (NYSE:CAG), the packaged food powerhouse behind Healthy Choice, Slim Jim, and Orville Redenbacher’s, was a standout during the episode thanks to a strong earnings beat and a resurgence in frozen food demand. Jim Cramer was bullish on the stock back then, praising it for its post-covid recovery at the time:
“The frozen food aisle is buzzing again and almost nobody saw Conagra coming… I think it’s going to stay this way for some time.
“[Talking to the company’s CEO] Your stock was the best performing stock in the S&P 500. I see a major turn here. Because we finally got over the covid hangover, we finally got over the giant price increases that you were forced to put through, not that you were forced to, and to me it seems now you’re back on a firm growth path.
[…] People want yield, people want growth, they want steady and they want science. I think Conagra has it.”
Conagra Brands, Inc. (NYSE:CAG) has declined by 15.14% since that episode, despite Cramer’s optimism at the time.
Jim Cramer appears more neutral on the stock lately. Here’s what he said on the 19th of December, talking about the potential of the company’s products in relation to the rise of weight-loss drugs:
“I think Conagra actually has a line of GLP-1 foods. And they think that GLP-1 is a tailwind. Tailwind.”
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