Jim Cramer is well known as a financial commentator on CNBC, but another way to see which stocks the former hedge fund manager likes is to review which stocks are owned by his charitable trust. We decided to compare the list of stocks that the trust currently reports owning to those which billionaire and Tiger Cub Stephen Mandel’s $17 billion hedge fund Lone Pine Capital have in its portfolio. Here are the four stocks which Lone Pine reported owning in its most recent 13F filing (see more of Mandel’s stock picks) that are also in Cramer’s charitable trust’s portfolio:
The hedge fund owned 12.6 million shares of eBay Inc (NASDAQ:EBAY), making it Lone Pine’s 6th largest 13F holding by market value, while Cramer’s trust had a position of 1,800 shares. The online marketplace and owner of PayPal reported earnings growth of 22% in the third quarter compared to the same period in 2011, driven mostly by 15% revenue growth but also by higher margins. Billionaire Steve Cohen’s SAC Capital Advisors was yet another owner of the stock, increasing its stake during the third quarter (check out Steve Cohen’s stock picks). eBay trades at 18 times trailing earnings, though analysts actually expect lower earnings per share in 2013. We think that it’s worthy of further consideration.
Mandel and his team cut their stake in Apple Inc. (NASDAQ:AAPL) by 43% during the third quarter, but they still owned about 810,000 shares at the end of September and it was another stock that Cramer’s charitable trust owned as well. Apple’s volatility has left it currently trading at a trailing P/E of 12, which is very low for such a dominant company as long as it can continue growing its earnings even modestly. Billionaire Ken Fisher jumped on the Apple bandwagon over the summer, with Fisher Asset Management’s holdings approaching a million shares of stock (find Ken Fisher’s favorite stocks). Apple also looks like a good value to us, as we’d expect at least some growth at the company.