Jim Cramer Discusses These 11 Stocks & Says Trump’s In “Accelerated Computing” Tariff Mode

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

Number of Hedge Fund Holders In Q4 2024: 64

Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a legacy media and entertainment company that has struggled in the wake of Netflix’s dominance in the streaming industry. Its shares have gained 30% over the past year, with a key driver of the performance being the firm’s Max platform, which has gained subscribers globally. Warner Bros. Discovery, Inc. (NASDAQ:WBD)’s shares have gained 52% since October and are up by 7.5% year-to-date. Cramer commented on the stock price performance:

“[On WBD shares up by double digits] Is that cause of debt paydown by twenty billion?”

“Given the debt paydown . . .they paid down twenty billion they’re down to thirty-four billion. At what point would the valuation, say of the studio, separate from the TV assets, become clear? When would people realize, wow, this may be a gem?”