How Did Jim Cramer’s 12 Bold Predictions Play Out?

6. Delta Air Lines, Inc. (NYSE:DAL)

Number of Hedge Fund Holders: 84

During the lightning round, Delta Air Lines, Inc. (NYSE:DAL), one of the major U.S. airlines, was brought up by a viewer seeking Cramer’s opinion at the time. Cramer gave a straightforward reply:

“I like Delta very much. I actually have to prefer [inaudible]. I like it. I like United too. I think they’re both good. Now remember they’re very inexpensive stocks but they trade wildly. But I do like Delta.”

The airline stock is down 16.59% since that episode aired.

Cramer discussed airline stocks and the negative sentiment around them earlier in April. Here’s what he said about Delta Air Lines, Inc. (NYSE:DAL):

“I know that people don’t like the stock but if you want an airline, the one that people are buying, it’s Delta. It’s all the way down to 40. It sells at seven times earnings. People feel that the travel bull market is over. I regard these as what I call trading vehicles. But if you want to trade one; the one you want to trade is Delta, DAL.”