We recently published a list of Was Jim Cramer Right About These 13 Stocks? In this article, we are going to take a look at where Palo Alto Networks Inc. (NASDAQ:PANW) stands against other stocks that Jim Cramer discusses.
During the latest episode of Mad Money, Jim Cramer expressed his frustration over the negative outlook he believes the White House is projecting about the economy. He explained that while he felt a sense of optimism and wanted to get excited about positive developments in the stock market, he held back.
“I wanted to get excited, but you know what I had to do? I had to hold my breath because when this market’s getting ahead of steam going, you know what you can bet on? The president will post something rancorous, dispiriting, and confusing and the market will immediately get put through the meat grinder…
It’s not necessary to do this, nor will they highlight anything good that’s going on here. It makes people feel like everything’s terrible, which isn’t true…
So here’s the bottom line: Every day there is something to celebrate in the business world because the business world is fantastic. We’d be in much better shape if the administration would highlight that. Believe me, the bad doesn’t need your help. It’ll get the word out all by itself.”
For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 21, 2024. We then calculated their performance from March 21, 2024, market close to March 13th, 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.
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).
Number of Hedge Fund Holders: 83
When asked about Palo Alto Networks Inc. (NASDAQ:PANW), Cramer reaffirmed his trust in the cybersecurity giant at the time, saying:
“We are sticking with it for the Charitable Trust, as we’ve told the Investing Club. […] Cybersecurity is going to be around for a very long time. Platformization is beginning to take hold, lots of customers are calling us, and hacks are continuing to rise.”
Palo Alto Networks Inc. (NASDAQ:PANW) has risen by 25.16% since then.
When a caller asked Cramer whether they should buy the stock on the 26th of February, he replied with the following:
“Really interesting question. Nikesh Arora put up a really good quarter. The headlines were out immediately. Before they even could read the release, sellers came in. Had they read the release, they would’ve realized it is fine. I like Palo Alto very much. It’s a great way to get involved in cybersecurity.”
Overall, PANW ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of PANW 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 PANW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires
Disclosure: None. This article is originally published at Insider Monkey.
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