Jim Cramer Commented on These 21 S&P 500 and Nasdaq-100 Stocks

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4. Warner Bros. Discovery, Inc. (NASDAQ:WBD)

Number of Hedge Fund Holders: 70

Warner Bros. Discovery, Inc. (NASDAQ:WBD) is one of the S&P 500 and Nasdaq-100 stocks Jim Cramer commented on. Cramer highlighted the bidding war that took place for the acquisition of the company, as he commented:

“Alright, let’s do just a couple more quick ones because the top four were all so similar. In sixth place, Warner Brothers Discovery. It was up almost 173% last year, thanks to the bidding war that many feel has ended with Netflix’s preemptive $83 billion bid. The funny part of the story is that the other major bidder that moved these things up is Paramount Skydance. That’s backed by Oracle’s Larry Ellison. He actually made a higher offer, but with some caveats, and doesn’t appear to be going away. Warner Brothers said that it’s sticking with the Netflix bid, but who knows? This whole bidding war was like getting a new season of Succession. Look, if someone comes in with a $34 bid, I think they get it.”

Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a media and entertainment company that creates and distributes movies, TV shows, and streaming content.

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