Did Jim Cramer Hit or Miss On These 13 Stock Predictions?

12. DuPont de Nemours, Inc. (NYSE:DD)

Number of Hedge Fund Holders: 58

DuPont de Nemours, Inc. (NYSE:DD), a chemical and specialty materials company, was highlighted as a “Cramer fave” after reporting a major business turnaround across water and semiconductor markets. Here’s what Jim Cramer said at the time:

“Buyers flocked to the chemical stocks too, and that was because of the huge turnaround in Cramer fave and travel trust name DuPont, which sells almost its entire product line into everything from water to semiconductors. I can’t believe it because it’s been down and out.”

Things didn’t go so well for the chemical stock over the past year, as the stock fell 15.31% over the past year.

When asked about DuPont de Nemours, Inc. (NYSE:DD) during a recent episode, here’s what Cramer replied with his thoughts on why the stock hasn’t been performing well recently:

“Okay, so DuPont, I’m actually gonna write a piece about, this is really interesting you mentioned this. DuPont is…. DuPont’s a good example of what happened in this market. They have one division, very, very small, that got investigated by the Chinese, that caused the stock to lose about a quarter of its value. It has not bounced back even though the division’s very small. Why? Because people believe that China is toxic. I can’t, Jeff Marks and I are going back and forth. We so much want to tell people to buy it, but who knows what the Chinese are going to do next if we keep at them and they keep at us.”