How Did These 10 Predictions By Jim Cramer Turn Out?

Page 6 of 10

5. Modine Manufacturing Company (NYSE:MOD)

Number of Hedge Fund Holders: 43

A caller asked about Modine Manufacturing Company (NYSE:MOD), an industrial company specializing in thermal management and HVAC systems. Cramer said this was exactly the kind of industrial stock that’s working in the market back then:

“Okay, that kind of metal-bending industrial company is precisely what’s working here. And it’s what we preach at the club. And that is a club-like name. Well, not club, I mean like the group of people. Not a club. But I like the concept.”

Cramer’s endorsement had limited effect, as the stock declined slightly by 0.55% since the call.

Modine Manufacturing Company (NYSE:MOD) engineers thermal management and HVAC solutions for vehicles, data centers, and commercial buildings. Earlier in March, Cramer mentioned that the stock was getting hit by a swarm of sellers:

“Yeah, I gotta tell you… people decided that that is part of the data center and the CFO sold a lot of stock so people are itching to get out. It has come down so much. I don’t know what they’re itching about.”

Page 6 of 10