Did Jim Cramer Get These 10 Predictions Right or Wrong?

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3. AllianceBernstein Holding L.P. (NYSE:AB)

Number of Hedge Fund Holders: 10

A caller was looking to boost yield and asked about AllianceBernstein Holding L.P. (NYSE:AB) as a potential income and appreciation play back then. Cramer expressed support for the idea at the time:

“Very well-run company. Always surprised that it is as inexpensive as it is — which is why you’ve got that big yield. So I do support that idea.”

The stock rewarded that support, climbing 25.30% over the past year.

AllianceBernstein Holding L.P. (NYSE:AB) is a global investment management firm providing research and diversified asset management services to institutional and retail clients.

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