Jim Cramer Discussed These 9 Stocks Recently

7. Pan American Silver Corp. (NYSE:PAAS)

Number of Hedge Fund Holders: 35

A caller inquired about Pan American Silver Corp. (NYSE:PAAS), and Cramer said:

“Well, first, I want to give the same shout-out because that business… is dynamite. I happen to like silver very much, and… Pan American silver is the best silver mine. So I think you’ve got something going there. I’m with you…”

Pan American Silver Corp. (NYSE:PAAS) focuses on the exploration, development, and operation of mines, handling everything from extraction to refining. The company targets deposits of silver, gold, zinc, lead, and copper. On May 13, TD Securities cut its price target on PAAS to $26 from $30 and maintained a Hold rating. The firm called the MAG acquisition “transformational” for giving Pan American access to a “Tier I” primary silver asset. It expects concerns around the Escobal restart due to the timing of the deal and the “full valuation” paid for MAG.