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Jim Cramer Applauds Hasbro, Inc. (HAS) Magic: ‘You’re Doing This Exactly Right’

We recently published a list of Jim Cramer Says Big Tech is Back And Deep Dives Into These 8 Stocks. In this article, we are going to take a look at where Hasbro, Inc. (NASDAQ:HAS) stands against other stocks that Jim Cramer discussed.

During the latest episode of Mad Money, which aired on the 1st of May, Jim Cramer dove straight into the recent tech earnings reports and celebrated the fact that some of the biggest names reported great earnings, saying:

“Sometimes you forget why you ever like something in the first place. Take the super stocks, the hyperscalers, the tech titans, I don’t care, whatever you want to call them. These stocks all got lumped together because of their size, their gigantic market caps that dwarf the rest of the market and then they lost their juice. […] We’re reminded of how the mega caps got so big to begin with. It’s their scale, their smarts, their moats, their balance sheets, and their sensational products.”

READ ALSO: Did Jim Cramer Hit or Miss On These 13 Stock Predictions? And How Did Jim Cramer’s 12 Bold Predictions Play Out?

He then emphasized how quickly the market turned around on the back of those great earnings reports:

“Couple weeks ago, the formerly magnificent seven felt impossible to own. But days like today remind you why you avoid these stocks at your own pearl. You got to have a couple of them. These companies are endowed with tens of billions of dollars. They’re like nation states. They don’t flinch at spending tens of billions to compete in artificial intelligence. They have the flexibility to pivot to what’s necessary. […] They’re run by seasoned hands who are incorruptible and bold and can course correct if they missed the mark the previous quarter. They are marvellous gems.”

Voicing his support for the big American tech companies, he said:

“This is why I take every chance to harangue public officials and urge them to stand up for these companies which because of their size have become honeypots for lawsuits by foreign governments who never stop hitting them up for money. But in the end, their optionality knows no bounds. Save tariffs. Something that they could not have seen coming and snuck up on them very fast. Snuck up on everyone. This has been the roughest stretch for these amazing companies that I can recall. “

Finally, he gave his nod of approval to these resilient companies, before beginning to analyze their recent earnings reports:

“But the bottom line, if we’re in for lean times, you know what? It’s quarters like these that remind me that these mega caps were built to prosper, built to make money in any kind of market, and they’re truly ready to excel when things turn south for everybody else, including Apples.”

Our Methodology

For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 1. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Hasbro, Inc. (NASDAQ:HAS)

Number of Hedge Fund Holders: 39

Hasbro, Inc. (NASDAQ:HAS) came up after its latest earnings beat, which Cramer attributed to the surging popularity of Magic: The Gathering. The CEO joined the show to discuss tariff pressures, product sourcing, and how they’re navigating rising costs without overreacting. Here’s what Cramer said:

“What do you make of what’s happening at Hasbro, the iconic maker of toys and games? Last week, the company reported an impressive top and bottom line beat driven by strong momentum in their Magic the Gathering business. But management also noted that the tariffs are tough for their business, even if there are some things they can do to mitigate the damage. In response, the stock jumped more than 14% and it’s just related a few more points. So, can it keep running? Maybe investors should get cautious. […]

[Talking directly to the CEO, Chris Cox] I got a feeling that you’ll be able to- you’ll be more resourceful and you’re a conservative guy. You got credit for being conservative. The companies that are being aggressive, they’re the ones whose stocks are getting killed. I think you’re doing this exactly right.”

Hasbro, Inc. (NASDAQ:HAS) is a global toy and entertainment company behind iconic brands like Monopoly, Nerf, and Magic: The Gathering, with growing investments in digital gaming, licensing, and experiences.

Overall, HAS ranks 2nd on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of HAS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HAS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

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  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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