Did Jim Cramer Nail or Miss These 11 Stock Predictions?

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10. Nextracker Inc. (NASDAQ:NXT)

Number of Hedge Fund Holders: 41

In that older episode, a caller asked about Nextracker Inc. (NASDAQ:NXT), which had surged in price by then. Cramer expressed strong conviction:

“It’s killing me. I was talking to Jeff Marks — I said, ‘Can you believe that Su [CEO]?’ That thing had game today. It’s like a First Solar. Come on. We’re going to have to address that — it went up a lot, but I’m still a believer in Su even at these levels.”

Cramer was right to stay confident as Nextracker rebounded 9.22%. Nextracker Inc. (NASDAQ:NXT) provides solar tracking systems that maximize energy production efficiency for utility-scale solar installations around the world.

Cramer appeared neutral the last time he spoke about the company. Here are his comments from April 29:

“Okay, I do believe, look, it had a good quarter. I did think that the president did not really care for wind, but this kind, he doesn’t mind this. This is technology all made in America, so I think you’re okay. Not great, not bad.”

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