We recently released a list Jim Cramer Radar 8 Sharp. In this article, we will look at Reddit, Inc. (NYSE:RDDT) The positions of other stocks recently discussed with Jim Cramer.
In Wednesday's episode of "Crazy Money", Jim Cramer reviewed the latest developments that affected the drug distribution company and shed light on why he was cautious about the group. He noted that stocks of major drug distributors have retreated from their historical heights.
“For the most part, this is because some type of regulatory crackdown forces them to go bankrupt, or at least reduce their profitability a lot.”
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Cramer last week mentioned the president's executive order to lower drug prices, which triggered a sell-off in the entire drug distribution sector. He explained that the order effectively requires pharmaceutical companies to provide U.S. government drug prices that match the lowest interest rates charged by other advanced economies. Cramer said the market’s fear is simple: If drugmakers are forced to lower prices for their government customers, drug distributors can see their profit margins shrink.
"The most important thing is: I don't want to stick my neck out for an industry regardless of how drug distributors perform, and both Democrats and Republicans seem to hate the industry right now. That seems to be the only thing they agree with, right, isn't it? There are so many potential winners in this market, and I say, why take the risk?"
In this article, we compiled a list of 8 stocks discussed by Jim Cramer in "Crazy Money" aired on May 14. We list these stocks in the order mentioned by Cramer. As of the fourth quarter of 2024, we also provided hedge fund sentiment for each stock, taken from Insider Monkey’s database of over 1,000 hedge funds.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Number of hedge fund holders: 87
Cramer notes Reddit, Inc. (NYSE: RDDT) is a "buy" but only for investors who can withstand market volatility.
“So many stocks have made an incredible comeback over the past few weeks, but there are still many names that have fallen from their highs earlier this year. Get the red stock…and today’s stock surged 11% today, and the $230 peak in February was over a hundred dollars, and I might have changed my breath here, like you’re in a potential mid-week, a journey that used to be a wild one. The stock didn’t get any credibility at all… Despite initially soaring 18% in after-hours trading, Reddit stock’s next meeting fell more than 4%…
Reddit (NYSE:RDDT) runs a widely used platform where users share content, participate in discussions, and participate in communities centered on specific topics.
Overall, RDDT Ranked second On the list of stocks recently discussed by Jim Cramer. While we acknowledge the potential of RDDT as an investment, our belief is that AI stocks have greater hope and offer higher returns in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than RDDT but have less than 5 times its earnings, check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Inside monkey.