5 Jim Cramer Stocks This Month

In this article, we will take a look at the 5 Jim Cramer stocks this month. To see more such companies, go directly to 10 Jim Cramer Stocks This Month.

5. Activision Blizzard, Inc. (NASDAQ:ATVI)

Number of Hedge Fund Holders: 96

Jim Cramer is extremely bullish on gaming giant Activision Blizzard, Inc. (NASDAQ:ATVI), which has been in the news due to its planned merger with Microsoft. The merger is facing regulatory hurdles, though, and Cramer likes that. Cramer said that he “almost” hopes that Activision Blizzard, Inc. (NASDAQ:ATVI)’s merger with Microsoft fails as soon as possible so that “you’ll get a better buying opportunity.” Cramer thinks that Activision Blizzard, Inc. (NASDAQ:ATVI) doesn’t need the acquisition by Microsoft to keep performing well.

At the end of the third quarter of 2022, 96 hedge funds reported having stakes in Activision Blizzard, Inc. (NASDAQ:ATVI), according to Insider Monkey’s database of 920 hedge funds. The biggest stakeholder of Activision Blizzard, Inc. (NASDAQ:ATVI) during this period was Warren Buffett’s Berkshire Hathaway which owns a stake worth about $4.5 billion in the company.