Jim Cramer Absolutely Nailed These 11 Stock Predictions

9. ARM Holdings plc (NASDAQ:ARM)

Number of Hedge Fund Holders: 42

Cramer mentioned ARM Holdings plc (NASDAQ:ARM) while previewing a group of tech earnings in that episode. He expressed enthusiasm for the company’s semiconductor architecture and compared its potential to a proven winner. Here’s what he said back then:

“I really like Arm Holdings and I think we can see some very strong numbers from René Haas’ company—that’s the advanced semiconductor design firm that kind of reminds me of Qualcomm. What a home run that’s been. […]

“This is a terrific semiconductor architecture company taking market share working arm and arm with Nvidia. […] From everything I hear, Arm’s CPU business is incredibly strong.”

Cramer’s bullish outlook was accurate, with the stock gaining 19.91% since then.

Cramer remains a fan of ARM Holdings plc (NASDAQ:ARM). Here’s what he said about it in early February:

“Tomorrow, we’re going to hear from Arm. And you’re going to hear Arm saying listen we’re winning that arms race in CPUs too. So there’s just a lot of them and they have a confluence of things with Jensen. But I just come back and say, Rene Haas doing better, at Arm, Jensen Huang doing better in NVIDIA.”