5 Stocks Jim Cramer Recommended Selling, But Billionaires Love Them

3. Bausch Health Companies Inc (NYSE:BHC)

Number of Billionaire Investors: 13

During his program in December 2023, Jim Cramer sounded extremely disappointed with Bausch Health Companies Inc (NYSE:BHC). Jim Cramer said he can’t believe “how poorly it’s done.”

Bausch Health Companies Inc (NYSE:BHC) shares have lost about 13% over the past six months.

Previously known as Valeant Pharmaceuticals, Bausch Health Companies Inc (NYSE:BHC) stock has taken a beating amid heavy debt and litigation issues.

Still, 13 billionaires in Insider Monkey’s database of billionaires had stakes in Bausch Health Companies Inc (NYSE:BHC) as of the end of the third quarter of 2023.