13 Stock Predictions That Jim Cramer Got Completely Wrong

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9. Tyson Foods, Inc. (NYSE:TSN)

Number of Hedge Fund Holders: 44

Cramer mentioned Tyson Foods, Inc. (NYSE:TSN) during his preview of the company’s earnings at the time. He viewed the company as a turnaround story after several missed quarters and believed it was misunderstood by the market. Here’s what he said back then:

“One of my favorites, Tyson Foods. I still think this is a bounceback play; it’s too cheap and despised on Wall Street for missing many quarters, but that was many moons ago.I like the setup of Tyson Foods I have now called the bottom and we’ve been right.”

Cramer’s take was a miss in this case, as the stock has dropped by 9.58% since then.

Tyson Foods, Inc. (NYSE:TSN) is a leading American food company focused on protein-based products, including beef, chicken, and pork, serving both retail and foodservice markets.

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