5 Stocks You Should Not Buy According to Jim Cramer

3. Peabody Energy Corp (NYSE:BTU)

Number of Hedge Fund Investors: 35

When asked about Peabody Energy Corp (NYSE:BTU) recently during his program, Cramer said “No, I am not a coal guy.”

“I do not want to own BTU and I think it should be sold.”

About 35 hedge funds in Insider Monkey’s database disagree with Cramer on Peabody since they own stakes in Peabody Energy Corp (NYSE:BTU) worth about $704 million. The biggest stakeholder of Peabody Energy Corp (NYSE:BTU) as of 2023 was Paul Singer’s Elliott Management which owns a $320 million stake in Peabody Energy Corp (NYSE:BTU).