Jim Cramer Discussed These 9 Stocks Recently

6. Doximity, Inc. (NYSE:DOCS)

Number of Hedge Fund Holders: 38

Noting that the stock tanked after earnings on weak guidance, a caller asked for Cramer’s opinion of Doximity, Inc. (NYSE:DOCS), and he replied:

“That was a bad miss. That was a bad miss, and that’s a high-growth company that had just been building up ahead of steam, and I cannot recommend that company because that was an unfathomable miss, frankly. And I feel very badly about saying that, but I was quite surprised. I cannot get behind that.”

Doximity, Inc. (NYSE:DOCS) runs a digital platform designed for medical professionals and offers tools that support virtual care, career management, medical collaboration, and access to current research and news. The company also helps simplify administrative tasks and communication within the healthcare field. ClearBridge Investments stated the following regarding Doximity, Inc. (NYSE:DOCS) in its Q4 2024 investor letter:

“Doximity, Inc. (NYSE:DOCS), which offers a cloud-based collaboration platform for medical professionals that supports patient care and telehealth, was our top-performing holding in the sector. Shares rallied on a beat and raise quarter, with the company citing strong advertising revenue growth with impressive EBITDA flow through. Doximity has a history of consistent execution and, while it stumbled last year in effectively communicating realistic guidance and outlooks, it appears that management has regained investors’ trust through several quarters of solid execution.”